Relationship of UK with the foreign markets after Brexit: Challenges and opportunities

The United Kingdom voted to leave the European Union in 2016, a challenging process that took place. Brexit was finalized on 31st January 2020, and after the transition period, the United Kingdom is not part of the European Union. The purpose of this research is to fill the gaps concerning how Brexi...

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Main Authors: Natalia Minut, Asim Majeed, Paul Bocij, Ayesha Asim, Mahmood Ali
Format: Article
Language:English
Published: IJMADA 2021-08-01
Series:International Journal of Management and Data Analytics
Subjects:
Online Access:https://ijmada.com/index.php/ijmada/article/view/4
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author Natalia Minut
Asim Majeed
Paul Bocij
Ayesha Asim
Mahmood Ali
author_facet Natalia Minut
Asim Majeed
Paul Bocij
Ayesha Asim
Mahmood Ali
author_sort Natalia Minut
collection DOAJ
description The United Kingdom voted to leave the European Union in 2016, a challenging process that took place. Brexit was finalized on 31st January 2020, and after the transition period, the United Kingdom is not part of the European Union. The purpose of this research is to fill the gaps concerning how Brexit has and will affect the United Kingdom’s relationship with the European Union. The researcher conducts a study investigating the disruptive effects of Brexit and some of the organizational responses undertaken by companies in Britain. However, to conduct this study, the research focuses specifically on the Fortnum and Mason company as representing the retail industry. The chosen research method for this study is mixed-method research. This method will allow the researcher to acquire a broader picture of the topic under study. A pragmatic approach was used due to the study's nature as it is mainly grounded in the reality of many companies in the United Kingdom. This research paper will be valuable to retail firms and decision-makers who experience the uncertainties discussed in the study.
format Article
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institution Kabale University
issn 2816-9395
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publishDate 2021-08-01
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series International Journal of Management and Data Analytics
spelling doaj-art-8913877f2d93455c882b450619a656eb2025-01-20T15:45:31ZengIJMADAInternational Journal of Management and Data Analytics2816-93952021-08-0192310.5281/zenodo.115274024Relationship of UK with the foreign markets after Brexit: Challenges and opportunitiesNatalia Minut0Asim Majeed1Paul Bocij2Ayesha Asim3Mahmood Ali4Ulster University, UKQA Higher Education (QAHE), UKQA Higher Education (QAHE), UKQA Higher Education (QAHE), UKInstitute of Business Management, PakistanThe United Kingdom voted to leave the European Union in 2016, a challenging process that took place. Brexit was finalized on 31st January 2020, and after the transition period, the United Kingdom is not part of the European Union. The purpose of this research is to fill the gaps concerning how Brexit has and will affect the United Kingdom’s relationship with the European Union. The researcher conducts a study investigating the disruptive effects of Brexit and some of the organizational responses undertaken by companies in Britain. However, to conduct this study, the research focuses specifically on the Fortnum and Mason company as representing the retail industry. The chosen research method for this study is mixed-method research. This method will allow the researcher to acquire a broader picture of the topic under study. A pragmatic approach was used due to the study's nature as it is mainly grounded in the reality of many companies in the United Kingdom. This research paper will be valuable to retail firms and decision-makers who experience the uncertainties discussed in the study.https://ijmada.com/index.php/ijmada/article/view/4b. brexit significance to britainbrexit uncertainty impactsthe value of sterlingforeign direct investmentregulationsmeasurement of the workplace site exposure
spellingShingle Natalia Minut
Asim Majeed
Paul Bocij
Ayesha Asim
Mahmood Ali
Relationship of UK with the foreign markets after Brexit: Challenges and opportunities
International Journal of Management and Data Analytics
b. brexit significance to britain
brexit uncertainty impacts
the value of sterling
foreign direct investment
regulations
measurement of the workplace site exposure
title Relationship of UK with the foreign markets after Brexit: Challenges and opportunities
title_full Relationship of UK with the foreign markets after Brexit: Challenges and opportunities
title_fullStr Relationship of UK with the foreign markets after Brexit: Challenges and opportunities
title_full_unstemmed Relationship of UK with the foreign markets after Brexit: Challenges and opportunities
title_short Relationship of UK with the foreign markets after Brexit: Challenges and opportunities
title_sort relationship of uk with the foreign markets after brexit challenges and opportunities
topic b. brexit significance to britain
brexit uncertainty impacts
the value of sterling
foreign direct investment
regulations
measurement of the workplace site exposure
url https://ijmada.com/index.php/ijmada/article/view/4
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AT asimmajeed relationshipofukwiththeforeignmarketsafterbrexitchallengesandopportunities
AT paulbocij relationshipofukwiththeforeignmarketsafterbrexitchallengesandopportunities
AT ayeshaasim relationshipofukwiththeforeignmarketsafterbrexitchallengesandopportunities
AT mahmoodali relationshipofukwiththeforeignmarketsafterbrexitchallengesandopportunities