IMPLICATIONS OF BREXIT
IMPLICATIONS OF BREXIT •
The
new
United
Kingdom
government seeks the relationships with the European Union •
It does not want to join with the European Economic Area
•
The United Kingdom prime minister may trigger the procedure before the year end.
CONTINUED... •
This process cannot be delayed any further as the economy may be affected
•
The Brexiters cannot be fooled with the relative reaction of the benign market after the fall in the value of the pound.
•
It is clear that Brexit would occur before the general election of the United Kingdom that is supposed to be held in 2020
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CONTINUED... •
Brexit would be to get understand the
details
of
negotiations
positions for other member states •
The brexit process is without the precedent along with the most general timetable
•
The markets and odd makers were being caught for the purpose to leave the european union
CONTINUED... •
The recent reactions for the
financial
markets
have been swift and are violent very surprisingly. •
The Brexit will lower the rates of the market and hence raise the relative values of currency.
•
IMPACT OF BREXIT ON THE ORGANISATION
There is the various impact of Brexit on
the consumer products organisation Unilever •
The economic balances are presently availed within the countries
•
Unilever is the organisation who is the leading in the industry of consumer goods along with food production and manufacturing
•
The
CONTINUED...
company
products
by
produces
local
means
the of
availability and locally. •
There are few pains felt in the last couple of years for localising its manufacturing facilities
•
uncertainty
in
the
United
Kingdom’s trade agreement is likely to put limited impact within the European Union.
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•
CONTINUED...
The organisation Unilever does report its financials in terms of Euro and is far better than GBP.
•
Although the dollar has more strength than Euro, it only does benefit to the Unilever's revenue from the United States and this is just due to translation impact
•
Union by more countries, there would have more depreciation of Euro and it is quite possible.
CONTINUED...
•
This could potentially be involved in the change
within
the
company's
primary
headquarters to the outside locations of United Kingdom. •
Therefore the impact of this kind of transition is comparatively limited in the shorter term and minimise in the longer term.
CONCLUSION •
The Brexit has various effects that are creating various good as well as bad effects on various organisations depending on the economic state of the organisation
•
The Brexit has also created impact on the Unilever
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REFERENCE LIST •
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•
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Alexander, K., (2013). Facilities management: theory and practice. Routledge. Anderson, D.R., Sweeney, D.J., Williams, T.A., Camm, J.D. and Cochran, J.J., (2015). An introduction to management science: quantitative approaches to decision making. Cengage learning. Clennon, O.D., (2016). The Polemics of CLR James and Contemporary Black Activism. Springer. Combe, C., (2014). Introduction to management. Oxford University Press.