Doing business in UK Research Paper Example | Topics and Well Written Essays - 3000 words

Doing business in UK - Research Paper Example The four countries constituting the United Kingdom (UK) are England, Scotland, Wales and Ireland. It is true that they can be distinguished geographically, however, their strong sense of nationality and identity cannot be ignored. Originally known for having a very homogeneous society, since the Second World War, Britain has acquired extreme diversity in all spheres due to the large number of immigrants accommodated into its population. The high mix of ethnic cultures and groups makes it difficult to define the British culture as having a particular look or acting in a particular fashion. The British are considered to be more formal as compared to other nations. It is found that numerous people belonging to the older generation prefer to work with organizations and people who are known to them or their associates. The young businessmen do not require long and standing personal relationships before entering into businesses with people. Nor do they depend on intermediaries for making i ntroductions for conducting businesses. In other words the key to successful businesses lie in effective relationships and maintenance of long term relationships. The British are seen to immense respect for ranks as they prefer to deal with people belonging to their levels or higher levels. Businessmen prefer including an elderly statesman into their group as a representative of authority which is considered as being essential for having positive and health business relationships . 1. The project seeks to present the pros and cons of conducting business in UK. This is done using the study of the region’s macro environment that affects the decisions of businessmen and entrepreneurs of organizations. Considerations are taken with regards to changes in tax structures, changes in legislations, demographic changes and changes in the government policies. To summaries it the entire project makes a thorough macro analysis of the United Kingdom which would impact the entry, establishm ent and growth of businesses in the same2. 1. PESTEL Analysis There are a number of factors in the external environment of firms which affect the decision making of managers and entrepreneurs. These factors are political, economic, social, technological, environmental and legal factors which require consideration while setting up business in locations. 1.1. Political Factors The recent past political conditions in the United Kingdom were not very impressive for conducting business operations. However, the conditions have now changed. The government has been trying to schedule its activities as per its priorities for investing money. Blair has highlighted an Organization for Economic Co-operation and Development report in which he tried to show that Britain’s taxes were much lower as compared to the other industrialized nations across the world, Japan and USA being the only two exceptions3. Recently the government has been stressing on cutting duty on fuel which would be compe nsated by cutting costs in the form of pension reductions. The food prices had reached record levels and the prices of stables like food grains, had reached high levels however, the price rise has been curtailed. The aim of the government has been to build a solid foundation for a healthy economy and attempt to achieve full employment, lower inflation rates and maximize welfare of the economy (see 3). 1.2. Economic

Assessment of Science Knowledge Essay Example | Topics and Well Written Essays - 750 words

Assessment of Science Knowledge - Essay Example In this type of assessment, the students have to give answers to the asked questions in their own words. They construct their own answers with their understanding. Students are able to give answers within a very less time. Also this exercise helps students in forming their own opinions about a situation. This assessment allows the students to be creative. The responses given by students can be somewhat irrelevant in some cases. In this assessment, the students are asked to present, demonstrate, practical, draw or explain whatever the teacher asks the students to do. This assessment is group-based as well as individual. The students get a chance to demonstrate their attained skills from this assessment. The students who are somewhat shy or not very confident can feel problems with this assessment. The students are asked to do projects and perform experiments that are extended tasks. The students are assessed in terms of their skills to do a task that requires sufficient knowledge and skills’ acquirement. The students get a chance to prove their talent to their teachers. Projects and experiments are also considered difficult tasks due to which, students may face problems with their completion. They require their teachers’ support at each and every step of the task. Portfolios can also be used for assessing students’ performance. In student portfolios, the tasks completed by students are attached, which help the teachers in evaluating the knowledge and skills attained by the student. Portfolios are very helpful as they inform about each and every task completed by the student and his/her improvement with the tasks. Sometimes, portfolios show an imbalance of performed tasks due to which, the teacher faces problems in evaluating the student wholly. The students can be asked to fill in a short response paper in which, they are asked to give short answers to the questions. This assessment strategy can be adopted at the end