Learning outcomes-
LO1 Make an interpretation of data that is related to the analysis of the business
LO2 How does government influence the structure and operation of the business
LO3 Offer an understanding of the impact of changes in the business environment on business organization and activity.
The report will be prepared in 1500 words
Task-
Address the below mentioned questions using relevant theory and models. Also provide certain examples for depicting the questions-
- Demonstrate a summary on emerging risks from global social media firms like Facebook, Twitter and Instagram from the government regulation and also discuss its impact on the firm
- In what way does president Trumps approach to economic policy influence foreign economies like UK or EU or China
- It came to view that emerging economies are presenting opportunities for the global expansion of business. Explain how
- With the help of appropriate examples, Depict the way in which government make use of fiscal and monetary policies in driving economic activity and growth using trickledown economics.
Follow the structure- to address
President Trump has certain approach to economic policy that has certain influence on the foreign economies like UK or EU or China
- Introduction (100 words)
This will include a description of president Trump Key economic policies in the foreign economies. Communicate policies in this section such as Inflation, unemployment, or economic growth. Sometimes others like free trade, military spending or nationalization are important. These are referred to as the policy goals
- Main Body (325 words)
First chose the country UK and then explain the impact of President Trump economic policy on it then pick China. I want you to support your argument with references and critical analysis and evaluation.
- Discuss the key impact of President Trump economic policies (positive or negative) on UK or China; you can talk of the impact like
- Impact of International rules and regulations to globalisation
- Impact of policy on manufacturing especially on china
- effect on the financial market like stock exchange
- influence of free trade, tariffs etc.
- Conclusion (75 words)
You can provide some recommendations on what countries can do to neglect the unfavourable impact in economy
For-
Inspect the role of emerging economies in presenting the opportunities for the global expansion for the businesses by using relevant illustrations
- Introduction (100 words)
It will include brief description of emerging economies and their importance in the international business
little about emerging economies
For example, you can consider the countries that falls under emerging economies and about their GDP rate
- Main Body (325 words)
- Role of FDI in development of the countries
- Take as example two or three countries and demonstrate in what way it is providing opportunities to international companies to make an investment
- Which countries are benefited from selected countries policies of internationalization?
- Conclusion (75 words)
An overview of the emerging economies role for the expansion of the global business
For-
offer a summary with respect to rising risks global social media firms such as Facebook, Twitter and Instagram, face from proposed or actual government regulation and explain the possible impact this could have on the firm.
- Introduction (100 words)
In this section discuss the rules brought by government with respect to social media and take importance factor as well
- The effect of General Data Protection Regulation on Facebook (325 words)
Include its impact on social media firms like Facebook and Twitter
In what way does laws on social media will form the way these firms should be working such as; protecting different stakeholders’ details
- Conclusion (75 words)
Provide a certain way in which companies can work in order to protect themselves along with their users.
INTRODUCTION
The economic policies of Donald Trump that were highlighted into his campaign pledges involve immigration reduction, trade protectionism, individual and corporate tax reform and many others. These gives few basis for judging that policies. Moreover, the trade, as well as the economics of foreign countries, experience an affect because of changes into global economic approach (Hepburn and Teytelboym, 2017). This report covers the effects of Trade and economics of UK in respect to President Trump approach upon economic policy.
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MAIN BODY
Describe and explain how President Trump’s approach to economic policy impacts upon foreign economies such as the UK or EU or China.
Since the election of presidential, President Trump have considered as forceful approach towards economical policies that has an affects upon various economies like Mexico, EU and China. Moreover, after voting for Brexit In year 2016, so a debate goes on related to UK separation from EU. As there is still an impactful experiences through nation because of approach with President Trump have upon economical policies. For this, he taken a some action such as increasing tariffs upon products from areas such as Canada, UK and many more, whose values are above billions of dollars. The main reason for it is that President wishes to gain profitability from the enhanced tariffs.
The affects of this also some how drastic as well as have outcomes into trade war into these economies. For this, Trump have also imposed various tariffs upon cars imports and auto parts into U.S. Therefore, it have a pessimistic affects upon Auto industry of UK. The other affects of this trade war upon UK economy is that country have to suffer for approx a hit of 2% because of this Donald Trump approach towards economical policies (What will the impact of 'the largest trade war in economic history' be?. 2019). Also, there is another affects upon trade and economics of United Kingdom with relation to Presidential approach. Such as with enhanced tariffs and emerging scenario into country because of this trade war, the economy of United Kingdom is experiencing a failure. The another cause is Brexit, so the affects is somehow terrible. The outcomes of this is increased poverty into country. In addition to this, the approach of President have also reduced economy that is likely to stay as it is after this impacts.
Moreover, as future future is concerned, this can be effectually asserted that UK economy will have to experiences a delicate recovery (Evans, 2019). Also, US- UK deals will aids in future in order to overcome from the Brexit impact. The trade will enhance into near future that may bring optimistic and pessimistic aspects related to trade and economies.
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CONCLUSION
As per the above report, it has been concluded that approaches towards country's economic policy have long term affects upon economy that are related within nation. Moreover, this is vital that approaches are effectively planned that outcomes into enhancing economical development of country. In addition to this, affects of such approaches upon trade and economic can aids country to consider and implement efficacious strategies.
REFERENCES
Books and journal
Hepburn, C. and Teytelboym, A., 2017. Climate change policy after Brexit. Oxford Review of Economic Policy, 33(suppl_1), pp.S144-S154.
Evans, O., 2019. The effects of US-China trade war and Trumponomics.
Online
What will the impact of 'the largest trade war in economic history' be?. 2019. [Online] Available Through: <https://www.independent.co.uk/news/business/analysis-and-features/trade-war-explained-tariffs-donald-trump-us-china-imports-exports-a8434626.html>
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