Motorola Total Quality Management
1. Political (1)Policies to reach energy efficiency. In order to reduce carbon emissions and avoid inefficient use of resources, the UK government formulates policies to reduce carbon emissions from buildings. These policies are stated in the National Planning Policy Framework (www.gov.uk). One policy states that new buildings are required to be energy efficient. Another policy says that new homes should be zero carbon in 2016, and all buildings should be in coincidence with the content of the policy. (2)Political stability. Most countries have strong desires to be peaceful. The Great Britain has been a member of the European Union for many years, which could have positive impacts on the political stability.
2. Economic
(1)High GDP. The UK has one of the highest GDP per capita in Europe (MarketLine, 2013:16). According to the statistics in the MarketLine (2013), the GDP remained constant from 2010 to 2012, and it is forecasted to increase to 2.43 in 2014 (p.46). Thus, it indicates that companies doing business in the UK are likely to gain profits (Please refer to the figures titled GDP and GDP Growth Rate in the middle of the poster).
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(2)Great investment environment. The World Bank’s Doing indicators tell us that the UK is the seventh best country in the world to do business (MarketLine, 2013: 16). Thus, there is a tendency to say that the UK is a great investment environment. (3)The reduction of corporate tax rate. In the UK, the corporate tax rate fell to 23% in April 2013, and it will probably keep on declining to 20% in April 2015 (MarketLine, 2013:17). With the reduction of tax rate, firms are more likely to expand their business and gain more profits. However, some new entries should have strong desires to enter the market.
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3. Social (1)Lifestyle Change. The UK puts its emphasis on encouraging and improving the quality of R&D. According to MarketLine (2013), gross expenditures on R&D were £26.03
2. Economic
(1)High GDP. The UK has one of the highest GDP per capita in Europe (MarketLine, 2013:16). According to the statistics in the MarketLine (2013), the GDP remained constant from 2010 to 2012, and it is forecasted to increase to 2.43 in 2014 (p.46). Thus, it indicates that companies doing business in the UK are likely to gain profits (Please refer to the figures titled GDP and GDP Growth Rate in the middle of the poster).
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(2)Great investment environment. The World Bank’s Doing indicators tell us that the UK is the seventh best country in the world to do business (MarketLine, 2013: 16). Thus, there is a tendency to say that the UK is a great investment environment. (3)The reduction of corporate tax rate. In the UK, the corporate tax rate fell to 23% in April 2013, and it will probably keep on declining to 20% in April 2015 (MarketLine, 2013:17). With the reduction of tax rate, firms are more likely to expand their business and gain more profits. However, some new entries should have strong desires to enter the market.
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3. Social (1)Lifestyle Change. The UK puts its emphasis on encouraging and improving the quality of R&D. According to MarketLine (2013), gross expenditures on R&D were £26.03