The performance of the Uk retail sector during the global financial Dissertation

The performance of the Uk retail arena during the global fiscal crisis - Dissertation ExampleIn the result, the UK presidency (HM Treasury, pp. 23-25, 2009) has been putting huge amount of efforts to avoid slowing down of retail sectors performance as it would have easily resulted in indecent impact on the GDP. One of the indicators of major participation of UKs retail sector is its fourth ranking in the global trade market condescension only having 1% of the global population (HM Treasury, pp. 59-63, 2010). This shows that UKs retail sector does have potential and government is taking every possible step to manoeuver care of it by even going for a high budget deficit. To create an understanding of UKs retail sector, British Petroleum is a known entity of the same sector that comes second in European continent and is so far the largest industrial corporation of the country. Besides BP, UKs retail sector is rarified of its mechanical engineering and manufactured goods that have been contributing majorly in the UKs export market (Hiles, pp. 39-46, 2010). Furthermore, services such as banking, brokerage, etc are few different constituents of UKs retail sector that have modifyd the United Kingdom to fulfill 10% of the global needs. In specific, performance of UKs retail sector is acting a crucial role in strengthening economy of the country, and from this understanding, it has now become imperative to carry out look into on the countrys retail sector that go away be indicating efforts of the governments in midst of financial crises to save its retail sector (Kolb, pp. 44-49, 2010). Research Statement In this regard, the proposed research go forth focus on the following research statement To identify and analyse the performance of UKs retail sector during the global financial crisis while scrutinising the efforts of UKs government in brining positive alterations in the sector Aims and Objectives It is an understanding that aims and objectives play the m ost crucial part in a research process, as they enable the researcher in acquiring a constructive path during the process, and absence of which may result in unnecessary outcomes, as well as defile of resources. From this understanding, the researcher has given significant importance in the proposed research and will be putting efforts to fulfill them in the most effective manner. Particularly, the researcher will be focusing primarily on the retail sector of the United Kingdom while endeavoring to identify different factors that are playing a decisive role in determining performance of the sector that will enable the researcher in analysing the same factors during different periods. In specific, period of the global financial crisis is the focal point of the proposed research, and thus, researcher will be looking at performance of the UKs retail sector during this specific period. However, to narrow down the research objectives in order to focus on the acquisition of concrete resu lts, the researcher will scrutinise efforts of the UKs government that enabled the countrys retail sector to survive, and at the same, continue its progress significantly. In this regard, one of the major objectives of the proposed research is to recognise