UK's Diverse Economic System

The Economic System Of The Uk
Report by AI BING
The economic system in the UK, and evaluate its effectiveness.
Introduction
Firstly, British economy introduction. Secondly, the top field in the UK. Then is fortune global 500.
Finally, the economic impact to the people.
The British economy as an important trade entity, economic power and financial center, is the
world's fifth–biggest economy, is one also the world's most affluent, the most developed and one of
the highest living standards in the world. It is important that British capital London is one of the
world's two big international financial centers, along with New York. This report will discuss the
economic system in the UK, and evaluate its effectiveness. (Internations, 2016)
Content
The British economic system has six major categories. In agriculture, British agriculture is highly
concentrated, highly mechanized and efficiency is very high. In heavy industry, Britain has large
coal, natural gas and oil reserves. In tourist industry, Britain's tourism industry is very important,
each year more than 27 million Chinese tourists visit the UK, ranked seventh in the world. In
manufacturing industry, Britain status has declined but we still manufacture petroleum products,
computers, televisions and mobile phones. In service industry, particularly banking, finance,
shopping, insurance and business services as a share of GDP, the largest and leading status in the
world. In education, British education is a world leader include education and
Get more content on HelpWriting.net

British Education System
The development of the British education system and the impact of this development on UK culture
and society
From 4416 cities, 195 countries and 7 continents Britain is thought to be one of the worlds most
exceptional and fascinating countries to be educated in. In Britain education first began emerging
around 1680s, from then onwards the British education system has continued to develop till this day.
This has meant that the UK's education system has become a very successful and inclusive system.
According to (Aftab Ali 2016) Britain is thought to have one of the world's strongest higher
education systems. Second after the USA with a score of 98.5. Also, (Aftab Ali 2016) mentions that
"European countries emerge as the most–featured than any other continent." This means that Europe
has a global reputation in the eyes of international students. As a result of this global reputation
students are attracted to studying in the UK. Furthermore, this essay will discuss the development of
the British education system over the last 150 years and it will evaluate the impact of this
development on culture and society.
The first set of schools and the main education acts that shaped the British education system existed
in the 19th century. During the early 19th century there wasn't an appropriate state provision system
for the UK's education. However, later in 1870 the Elementary Education Act was introduced to
create elementary schools to educate children between the ages of 5

U.K. Economy Essay
U.K. Economy
The UK government currently has four main macroeconomic aims that it is pursuing. These aims
are those of low unemployment, low inflation, and high and stable economic growth as well as a
favourable balance of payments current account position. This essay will concentrate on the
government's success in the first three of its aims listed above and how these macroeconomic aims
can or have been achieved using fiscal and monetary policy. Fiscal policy is used to affect aggregate
demand by altering taxation and government spending; monetary policy also affects aggregate
demand by the manipulation of interest rates and the supply of money.
Economic growth is the prime measurement of a country's economy as it...show more content...
Indeed, inflation since 1990 has remained remarkably stable by UK standards, however in February
2003 the RPI rose to 3.2%, mainly due to clothing and petrol prices going up.
Monetary policy has allowed the UK to enjoy low levels of inflation for a number of years now, in
particular since the 1990's. This can be seen in the diagram below, where the Bank of England have
been able to meet the 2.5% target (+ or – 0.5%) through the skilful use of interest rates. Generally, if
inflationary pressures on the economy are high, the MPC reacts by increasing interest rates.
This increase in interest rates causes a fall in aggregate demand from
AD1 to AD2 and thus a fall in inflation from P1 to P2 via the following transmission mechanisms.
Consumption, a component of aggregate demand (consumption + investment + government
spending +
(exports–imports)) falls as the cost of credit increases due to more interest having to be repaid and
thus big ticket credit purchases become relatively more expensive, as the opportunity cost of
spending increases (as more interest is forgone) and as the effective disposable income of consumers
on variable rate mortgages falls.
Furthermore, investment falls as firms are less willing to obtain more expensive credit through
borrowing and more likely to

The Evolution of Policing in the UK Essay
The dictionary definition of the police is "the organized civil force of a state, concerned with
maintenance of law and order, the detection and prevention of crime, etc," (Collins English
Dictionary, 2002). This definition states the minimum of what the police actually do. Providing
support for families, protecting society from criminals and responding to calls 24 hours a day 7
days a week are just some of the other roles that police have to deal with. In this essay the evolution
of the police will be discussed as well as how the police are facing challenges.
The police are continuously developing and have been ever since the beginning of informal
policing which saw that everyone who lived in a society had to be responsible for...show more
content...
Today's policing are more punitive because crime itself has developed along with society through
the years and therefore needs to be harsher than just locking a criminal in stocks. Although health
and safety today probably wouldn't even allow the use of stocks and would most likely infringe on
human rights. In spite of that, modern policing is becoming more community orientated again with
new approaches to tackling crime such as creating new roles like community support officers.
With this new development, the police are now constantly adapting to which style they use within
society. Policing uses 3 main styles in the UK to oppose crime, the first being legalistic style,
secondly the watchman style and lastly the service style. Each of these styles has a different way
of enforcing the law. The legalistic style focuses more on the law enforcement; arresting and
detaining suspects (Dempsey, J. Forst, L, 2011). This style is mainly used in larger cities due to
high crime rates. However, this style mainly concentrates on the law breaking than any social
problems that may arise such as anti–social behaviour.
The reason we have the police is to maintain order of society (Fahy, Sir P. 2013).
Kuykendal (2001) states, "A police style is how each department and officer view their particular
mission or purpose and identify with particular methods

Essay On The United Kingdom
The United Kingdom consists of four different countries. England, Scotland, Wales, and Northern
Ireland. This is an island nation in Northwestern Europe. Located at 55.371В°N, 3.4360В°W, this
island is 93,628 mi2. This is Europe's largest island. The official language of the island is English
and the capital is London. The major religion is Christianity then Islam and Hinduism. There are
multiple different ethnic groups in the United Kingdom some are British African, White/black
British, Mixed, and Irish to name a few of them (United Kingdom).
The chief crops are wheat, barley, oats and potatoes. Queen Elizabeth II is the Monarch of the
United Kingdom, and the Prime Minister is Theresa May. On Queen Elizabeth's 90th birthday she
had held...show more content...
In the last five years the UK's exports have decreased by –11.966% (OEC).
The total labor force of the UK comprises of people age 15 years or older, they have to meet the
International Labour Organization definition of the economically active population. The definition
is "All people who supply labor for the production of goods and services during a specified period"
(Trading Economics). The highest percent of a labor force is in services they have 83.5% while
industry has 15.2% and agriculture has 1.3% (CIA). In 2013 the UK was paying $7.81 for the
minimum wage compared to the US $7.25, today the US's minimum wage is still $7.25. There
are now different types of minimum wage. There is a wage for apprentices, people that are not
entitled to the minimum wage, voluntary work, and work experience and internships (GOV.UK).
The GDP of the United Kingdom in 2016 was 2.619 trillion dollars. This represents 4.22% of the
world's economy. "The GDP measures the national income and output for a given country's
economy" (Trading Economics). The GDP per capita is $39,899.39. GDP per capita is the total
output divided by the number of people in the population. So you can figure out the average output
per person in the United Kingdom. Per capita helps to compare one country to another, it shows the
relative performance of the countries. The

The Meaning of Service Essay
The Meaning of Service
Service is a word used constantly. The word service has an impression on many people. For
example; people who work as lifeguards view their work as a service to the community. Naturally,
based on working as a lifeguard their definition of service would be an action beneficial to the
well–being of others. Not surprisingly, a similar definition was found in the Oxford English
Dictionary (OED). Service is described in the Oxford English Dictionary as "the action of serving,
helping, or benefiting; conduct tending to the welfare or advantage of another; condition or
employment of a public servant; friendly or professional assistance." Furthermore, in Webster's Ninth
New Collegiate Dictionary, service is...show more content...
A service berry is "any one of various American trees or shrubs of the genus Amelanchier"
(Dictionary of Americanisms). The second definition was one many may not have recognized
right away. Service is "public worship according to form and order" (OED). After people read this
they think, of course! People are always saying "are you going to attend service on Sunday?" Many
immediately think the word service means providing for another and completely forget by attending
mass they are performing a service to a higher being.
Becoming so firmly planted in one definition of service people tend to ignore its other uses. A
strong attachment to one definition or another can be attributed to working as a lifeguard or work
with other programs like YouVote. With YouVote, participants are helping and benefitting others by
providing them with information important to upcoming elections. By providing people with
information it helps them along their way to making an educated decision when they vote. Working
with YouVote has helped to extend the definition of service to all persons who help or serve others
like; waitresses, teachers, lifeguards, doctors, lawyers, coaches, and the government. The
government continuously provides "service" to our country, or at least they try. The many readings
in WRA135 class have shown the government needs to provide more service to those in need like
all those living below the poverty line and/or on

Democracy in the UK Essay
Democracy in the UK
Direct democracy comprises a form of democracy and theory of civics where all citizens can
directly participate in the decision–making process.
Direct democracy in its traditional form is rule by the people through referenda. The people are
given the right to pass laws, veto laws and withdraw support from a representative at any time. In the
United States when specific direct democracy issues, other than the election of representatives, reach
a local– or state–level ballot, they are commonly referred to by local and state governments as
"ballot questions" or "ballot measures".
B) Explain the main features of indirect democracy.
Indirect democracy is when...show more content...
acts on majority desires. There is evidence that this type of system works: westerns economy has
flourished under this type of democracy. It provides certain amounts of freedom and equality i.e.
freedom of speech and equal rights for men and women. There is a widespread toleration of
beliefs; there is no discrimination i.e. you will be treated in the same way what ever colour of skin
you have or what ever religion you follow.
However there are things that show that indirect democracy although effective is not as fair as it
seems. It gives power to few people; this increases the chances of corruption and abuse of power by
the government. The members of the House of Lords in the UK are unelected, they have inherited
their positions. This means that people who may be unsuitable for the job are in power.
There is limited freedom in that an average adult only votes 11 times in the whole of his or her
life. Government secrecy leads to belief that the public is being denied the right to know various
things such as where in the UK you are most likely to be affected by cancer
C) How democratic is the UK?
I think the UK is a fairly democratic state. It has an extensive franchise meaning that almost all
adults over the age of 18 have the right to vote. There are no barriers of class, race or gender.
Everybody has ONE vote i.e. everyone ideally has the same amount of power.

The United Kingdom Essay
The United Kingdom London is the capital of the United Kingdom. It ranks as one of the
world?s most historic cities, tracing its roots back nearly 2000 years. London has long been a
great world port and trading center. The port of London consists of two huge docks and 43 miles of
wharves along the Thames River. London also has a remarkable transportation system.
Expressways, and underground and surface railways carry more than one million commuters
between the outlying areas and central London each workday. More than 350,000 commuters travel
by subway, about 400,000 take surface trains and more than 100,000 go by bus. About 100,000
people drive their cars to work. The London subway system (the ?tube?), is the largest subway
...show more content...
They import and export more than any one country in the world. Community members have
abolished all tariffs and most other obstacles to the free movement of goods, services, or capital
among themselves. Community members participate in the European monetary system (EMS). The
EMS encourages trade and investment among community members by stabilizing the exchange rates
of its member?s currencies. The European Community has helped increase the economic welfare of
its member?s citizens. Members of the European Community enjoy many significant advantages.
They are able to exchange goods, tariff free, which is an essential element of their economic growth.
One other significant benefit of the community is the EMS, as it stabilizes the exchange rates of the
countries in the community. Since the 1950?s, community members have enjoyed significant
economic growth. The UK is an unparalleled member of the European Union and Europe?s most
attractive location for international business. It accounts for more than a third of global investment
in the European Union and some 40% of the total from the US and Japan. Within Europe itself,
cross–border investment in the UK far exceeds that of any other country. TheUnited Kingdom is one
of the world?s greatest trading powers. The UK?s main trading partners are France, Germany, the
Netherlands and the United States. In addition, the United Kingdom is one of the United States?

Studying in Uk Essay
Studying in UK
By
Group 6
Kingsley Ibeji1101620
COURSE TITLE:Communication in Business
April 6, 2011
Table of Content
1.0 Executive summary..................................................................2
2.0 Introduction.............................................................................3
3.0 Findings.................................................................................4.
3.1 Expectation role from teacher/ student ........................................5
3.2 Ethical challenges/ policies........................................................5
3.3 Method of assessment as it defer................................................6
3.4 Ability to meet up cost by working part–time...................................6
3.5 Ability to imbibe time management policy......................................6
3.6 The Culture shock phenomenon..................................................7
3.7 Different strategies of persuasion as it differs in the UK...................7
4.0...show more content...
All this are embedded into the social well being of a student studying in the UK. Academically, there
are other areas that have one effect or the other that pose as challenges, and of which is absolutely
paramount to every other thing.
In this report, we intend to look deep into various issues and expectations observed during our
studying in the UK
.
1. Expectation role from teacher/ student
2. Ethical challenges/ policies
3. Method of assessment as it defers from what they are used to.
4. Ability to meet up cost by working part–time
5. Ability to imbibe time management policy
6. The Culture shock phenomenon
7. The various strategies of persuasion as it differs in the UK
3.0 FINDINGS

To study in the UK is an excitement to every student. Being a student in the UK has enough
challenges especially when you may want to complicate things like falling ill and not having a
national insurance or not even registering with the national health insurance scheme. It is indeed an
interesting thing to study in the UK, but everything has

Challenges to the UK Health Care System Essay
Introduction In line with the majority of other developed countries, the United Kingdom (UK) has
offered its citizens a universal health care system that is free at the point of service. Funded
primarily by taxation, the system is popular and efficient. However, along with most other health
care systems around the world, it faces a series of challenges if it is to maintain viability, in the
twenty–first century. These issues include; long waiting times, an aging population, funding
challenges and the increasing cost of technology. History of Health Care in the UK The UK is a
sovereign country of almost 61,000,000 people comprising the nations of England, Scotland, Wales
and Northern Ireland. A highly evolved democratic country...show more content...
It also monitors the quality of services provided and develops new policies. The performance of the
NHS is also monitored by the Health–Care Commission, an independent executive agency that
performs annual reviews and ratings, and investigates complaints. According to Johnson and
Stoskopf (2008) there are a number of dimensions for measuring health care systems. The three
most frequent include: "population health measures, system efficiency measures, and patient
perceptions" (p.74). Other clinical measurements commonly used include infant mortality rates
and life expectancy. The UK has an infant mortality rate of 4.93 deaths per 1,000 live births, and
an average life expectancy of 78.85 years. Funding for the NHS is a combination of private and
public sources. All legal UK residents have access to the NHS and pay a payroll tax, which
equates approximately to 10% of earnings. Although health care provided by the NHS is largely
free, there are fees for certain services such as prescriptions, dental and optician services, which
are paid by all citizens who are working and make more than minimum wage. Recent Reforms In
2000, an effort was made by the UK government to resolve certain inequalities that had developed
within the NHS by releasing the "NHS Plan of 2000." This plan greatly increased spending on
employee pay, infrastructure, and access to services. Despite almost doubling spending in a ten year
period,

Personalised Care In The Uk Essay
There is a long history in delivering health care in the UK which can track back to The Poor Law
1834. The whole health and social care system had shifted to person centred care only since the
beginning of last decade after recognising the changing of social structure in the UK and the need of
placing service user in to the centre of the service. Therefore several legislations and policies were
brought up either by the statutory body or independent organisation to emphasis the importance of
person centred care in health and social care setting.
The White Paper 'Our health, our care, our say' (2006) was published by the Department of
Health, sets a new direction for community service developed the concept of personalised care. The
paper direct local authority the way to work with individual by ensuring the service are delivered
more personalised and to fit into individual's personal life. It also empower...show more content...
The paper had shown the determination of government to support local authorities to put the
green paper and white paper in to action by looking at what need to be done, the vision for
development of a personalised approach to the delivery of adult social care; and setting out how
the Department of Health and sector leaders propose to develop a sector led programme to support
councils with social service responsibilities in delivering this modernisation agenda. Specifically in
the first part of the circular, it focus on a personalised approach by addressing the need of change;
making personalisation a reality for the 21st century; achieving personalisation in the social care
system and recognising challenges in resources and workforce; and developing strategy aiming to
overcome those

The Labour Market Of The Uk
The labour market of the UK is a competitive environment. Workers and employers interact with
eachother on a day–to–day basis, with employers competing to hire the best workers and employees
competing to find the best work. The UK in particular has seen as increase in part–time jobs within
the lower end of their labour market, with recent evidence citing the UK having a larger number of
low–paid, part–time jobs compared to other developed countries. As a result of this increase of
low–skill work, there has been a growing problem of in–work poverty and failure to address the
growing cost of living with a 'Living Wage' in the UK. The IFS recently reported that low pay is one
of the main explanations for an individual experiencing in–work poverty. In this essay, I will assess
the current prospects of improving pay for those at the lower end of the labour market in the UK. I
will assess whether trade unions (TU) and internal labour markets (ILM) provide support or damage
attempts to improve pay and evaluate whether gender inequality is a problem, which is preventing
the lower end of the labour market from receiving improved pay.
Internal Labour Markets
It can be argued that the likelihood of pay improving for those at the lower end of the labour
market is supported by ILM. These allow employers to exercise a degree of autonomy by allowing
them to use an administrative unit where allocation of labour is governed by a set of rules and
procedures. It can be said that the lower

Health Care in Great Britain Essay examples
Running Head: Global Healthcare
Healthcare in the United States Vs. Great Britain Tyra Baruti Kaplan University
The healthcare system in the United States and Britain are different and many in ways. The purpose
of the healthcare system should be to satisfy the needs and preferences of the individual patient who
are ill but many countries have a different approach. One of the biggest differences in the two
healthcare systems is that in the U.S healthcare is considered private; on the other hand Great Britain
has a universal healthcare system. Healthcare is funded and provided for individuals in many...show
more content...
In Great Britain even though they have a choice to private insurance majority of use of the universal
healthcare system which is more affordable. Many Britons take advantage of private insurers in
order to get better quality care and for reduce waiting times. Another difference in the two healthcare
systems is that in Great Britain there are no deductibles and close to no copayments except for small
co payment associated with prescription drugs.
The similarities of the two healthcare systems are that both countries have an organized healthcare
system although they are organized in a differently. All citizens in each country are treated by
physicians in an attempt to heal and treat the sick. Also both healthcare systems use preventive
medicine as a way to improve the overall health of all citizens. Another similarity amongst the two is
that there are many citizens in each country that share the same opinion on the quality of the care
that is provided. According to a study it shows that the views of Americans on the quality of medical
care in their country are not overly different from those in Great Britain – 48% of Americans, 52% of
Canadians, and 42% of Britons say they are satisfied. (Blizzard, 2003)
Before researching Great Britain Health care system I have always thought that universal healthcare
was the best choice. After the reading my opinion about both systems gradually changed. The United
States healthcare system is not

Introduction In the past few months, the Brexit referendum attracted the attention from the whole
world. The globalisation has made the world today far more connected than ever so that every
country could be affected by this big event. The globalisation has had profound and lasting
influences to UK economy. This essay will firstly focus on the pros and cons of globalisation, then
discuss the UK sectors which benefited and suffered from globalisation respectively, finally analysis
the overall effect of globalisation on the UK economy. Pros of globalisation First of all,
Globalisation helps to promote international division of labour. According to Heckscher–Ohlin
theory (Gerber, 2014, pp.72–76), nations are endowed with different levels of each production
factors which have determined their comparative advantage. When trade open, a country will
specialise in producing its comparative advantage products and choose to import comparative
disadvantage products from other countries. By specialising in the production of comparative
advantage product, it can achieve economies of scale. Then the cost of production will decrease.
One of the most intuitive senses will be the less expensive product because people can purchase
imported comparative disadvantage product and indigenous comparative advantage product both at
lower prices than in the past. In addition, it helps to optimise the configuration and utilisation of
global factors. A country's production is limited by its factor

Public Health In The Uk Essay
The government holds a large influence on factors contributing to current patterns of health and ill
health within the UK. In order to improve the health of the public in the UK, the government use a
number of initiatives such as health education, protection against illnesses (immunisations),
environmental protection, disease prevention and socio–economic support and protection. Another
initiative which the government use to influence and improve public health in the UK is health
campaigns, both national and local campaigns. One national public health campaign, Making the
case for tackling obesity – why invest?, targets local authorities to invest in tackling obesity. [Public
Health England, 2015] In the form of a presentation, it cleverly...show more content...
A third strength of this health campaign is that instead of targeting the individuals, it targets the local
authorities who have the ability to change factors which contribute to the increasing number of
obesity cases. Local authorities are able to change things such as housing, transport and health
services in the area to support the needs of the area's population. This public health campaign also
has a weakness which might impact a government's influence on tackling obesity. The campaign is
rather lengthy, often focussing on obesity's effect on the individual rather than the wider community.
As this health campaign is aimed towards local authorities, lack of information detailing how the
wider community could be effected by obesity might deter local authorities from investing in
measures to tackle obesity. To improve this, reducing the amount of information on how obesity
affects the individual and more about how it could impact the wider community. As this health
campaign has recently been released, in 2015, sufficient statistics determining whether this health
campaign has influenced trends within the

Leadership in the UK Police Force Essay
UK police are one of the professional police around the world and for their professionalism,
commitment, motivation and commitment of supply for their activities and the country as a whole
known. Like any other force, they take the motivation to continue their level of commitment.
Depending upon the level of organization, there are a number of motivational factors and theories
that maintain this level of motivation at the top of the world, but there is another factor, which
provides a roadmap for organizations in terms of professional obligations. This is leadership.
According to estimates there are about 52 police in the UK on the responsibilities and size varies.
Most British police comes under the administration of the Home Ministry,...show more content...
On many instances there are a number of known leaders in the history of UK policing who have
provide a motivational pedestal for the employees and the impacts of the same travelled a long way
and kept the police department proud for times to come. The role of leadership is related to the
motivation level of the organization.
UK Human Resources Strategy for the police department and closely related to human excellence.
Employee efficiency is the concept of high–performance culture that takes ownership of his work
and went to build strength. British police believe that there is nothing more responsibility and trust
the person who knows stimulated.
More important and decisive role of leading the transformation and civil society are moving in the
preparation of the military. Motivation intensity and importance of the impact on workers and
employees and also vary. This is the kind of activities in the region, varies for different reasons and
too risky.
The people in the UK police are a source of competitive advantage to maximize this advantage; the
British police will ensure that employees work for organization development legacy of excellence
of service. British police believe the many ways people feel appreciated and used.
Personnel management, in such cases over the years, he discovered that the real motivation

How Democratic Is the Uk? Essay
Democracy in the United Kingdom has changed a lot over the years however the definition has
never changed. The right for people to choose and decide how a country is run. This essay will help
decide whether the United Kingdom still follows that definition of being a true democracy and
analysing how this has affected the people of the UK.
The first thing to look at is the various types of democracy used in the UK. There are many
examples of the various types of democracies with the first being direct democracy. A recent
example of what a direct democracy can do is the Scottish Referendum taking place throughout
Scotland. This allows the people of Scotland to take the decision of independence in to their own
hands. This is a great example...show more content...
The people who vote for losing candidates in a seat might just as well have just not voted in the
first place. Whether their candidate loses by 20,000 votes or by one, the outcome is the same.
Similarly, if a candidate wins by 20,000 votes, 19,999 of his or her votes are 'wasted'.
Another common criticism of the UK system is that, although most politicians are elected, many
powerful people hold their positions without having to face the voters. Over the years criticism
has focused on the House of Lords, the civil service and judges. While the people serving these
positions may indeed be experts in their field, the citizens of the UK have absolutely no say in who
is elected into these positions. This shows a problem in the United Kingdom's democratic system and
one that does not follow a representative democracy.
While the United Kingdom is considered a representative democracy it is arguable to how
representative it is of everyone. It is highly unlikely that you would ever find an MP is
Parliament who is from a lower class background with the majority of MPs coming from the
middle and upper classes. This shows a problem with the UK's system as not everyone is getting
their voices heard in this regard. While it is possible for pressure groups to get their views heard by
governments, they will ensure that pressure groups do not become so powerful they steal the
government's legitimacy.
In conclusion it can be argued that the United Kingdom's

Customer Service Essay examples
Companies are misguided nowadays by the notion that customers depend on them, when the truth of
the matter is that companies are dependent on those customers. Customer satisfaction and customer
loyalty is now essential for a business or company to survive. So what is the difference between
customer satisfaction and customer loyalty and how to companies and or business achieve this? Also
when you have difficult customers how do you achieve customer satisfaction?
It's essential that companies or businesses today listen to their customers. No company or business
today can afford to disregard the importance of customer satisfaction and loyalty. Aren't they the
same thing? No, they are absolutely not and they are enormously...show more content...
Customer loyalty is much harder to obtain that customer service satisfaction. The most important
first step is to satisfy the customer by meeting their expectations. Customers only give a company
one chance and if they aren't satisfied they will not do business with that company again, as well
as tell others of their experience. The next step would be to exceed the customer's expectations. If a
business goes above and beyond to assist the customer they begin to build loyalty. The next step is
to truly surprise the customer. In order to dominate the marketplace the company must find a way to
make them selves stand out with their product or service, accompanied with phenomenal customer
service. Once this has been done customer satisfaction and loyalty will be gained. "Acquiring a new
customer can cost four or five times more than keeping a current customer" (Bestmark, 2013). So it's
essential to keep the current customer's happy and coming back for more.
Some of the ways that businesses can build loyalty would be by offering loyalty programs,
Interacting with customers, surveys, creating institutional ties, and personalized marketing. Another
way to build loyalty is to treat your employees so well that they treat your customers well. If you
have happy employees they will treat your customers happy. "The link between satisfaction and
loyalty however is not proportional" (Kotler, Keller, 2009, p71), so businesses must

The Impact of Globalization on the UK Essay
Globalisation is difficult to define; it is the development of the world into just one market i.e. a
global market. Quite simply businesses have moved from producing and selling their goods in just
their national markets, to producing and selling their goods and services all over the world. It is
bringing the world closer to Homogenization.
Therefore they are spread across international boundaries. It is firms using the world as one giant
market, with the possibility of having parts of production in different countries, leading to the
fragmentation of production, whereby materials and components are sourced from different
countries. This has lead to increasing 'interdependence', where a...show more content...
The internet has played a role in the spread of this globalisation.
2.
Apart from your answer above, evaluate other impacts of 'globalisation' on the UK.
Globalisation has led to a significant growth of competition. This has forced domestic firms in the
UK to themselves become more efficient in terms of being more innovative and developing new
products (Dynamic Efficiency), lowering costs (Productive Efficiency) and giving customers what
they wont (Allocative Efficiency–all improving the standard of living). This has been highly
significant, illustrated by the so–called China effect where the U.K. (and the world) has benefited
from lower inflation because of more competitive pressures exerted by China on the global market.
U.K. firms, for instance, have been able to benefit from cheaper supplies abroad but are also
constrained from pushing–up prices in their own markets and export markets. The effect that China
has on the U.K. is also reflected around the world in many countries, but mainly the 1st world
countries such as U.K. U.S.A France Germany Japan etc.
However, these competitive pressures have not been uniform across all industrial sectors.
Manufacturing is more exposed to international competitive pressures, simply because it is easier to
trade

Essay about The National Health Services
The National health services (NHS) provides a comprehensive healthcare services across the
entire nation. It is considered to be UK's proudest institution, and is envied by many other
countries because of its free of cost health delivery to its population. Nevertheless, it is often seen
as a 'political football' as it affects all of us in some way and hence everyone carry an opinion
about it (Cass, 2006). Factors such as government policies, funding, number of service users,
taxation etc all make up small parts of this large complex organisation. Therefore, any imbalances
within one sector can pose a substantial risk on the overall NHS (Wheeler & Grice, 2000). This
essay will discuss whether the NHS aim of reducing the nations need...show more content...
However, a healthy lifestyle was seen to prevail among the rich population (Webster, 2002;
Geoffrey, 2011). Later, findings from a series of reports including report from Royal commission on
National Health Insurance in 1926; The Sankey Commission on Voluntary Hospitals in 1937; and
reports from British Medical Association (BMA) in 1930 and 1938, all collectively indicated that
inadequacy existed in the pattern of the services (Christopher, 2004; Webster, 2002). Evident were
reports of conflicting care and duplication of work between the municipal and voluntary hospitals
(Wheeler & Grice, 2000). Additionally, world war had a huge impact on the health services and the
conditions in which hospitals, theatres, radiology and pathology department operated was very poor.
Thus, no machinery existed that supported running of a coordinated healthcare system, hence a need
for unified, simplified and cohesive system was felt (Smith, 2007). Furthermore, Royal
Commission's report suggested that funding for the health services might benefit from general
taxation rather than its basis on insurance principle (Christopher, 2004). However, it was not until
the Beveridge report in 1942, which provided a huge drive and momentum for a movement of
change in the health services. And within subsequent years seen were the proposals for NHS drawn
through the White Paper in 1944, then in 1946 the National Health Service Act and at last in 1948 the
establishment of the NHS

UK's Diverse Economic System

Recomendados

Recomendados

Más contenido relacionado

Más de Paper Writing Service Cheap

Más de Paper Writing Service Cheap (20)

Último

Último (20)

UK's Diverse Economic System