We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

See Pricing

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
Back
2/4 steps

How Many Pages?

Back
3/4 steps

Sign Up and See Pricing

"You must agree to out terms of services and privacy policy"
Back
Get Offer
Notice: Trying to get property of non-object in /var/www/html/wp-content/themes/theme/custom-features/cta/CTA.php on line 194

External Influences on Land Rover economic conditi Essay

Hire a Professional Writer Now

The input space is limited by 250 symbols

Deadline:2 days left
"You must agree to out terms of services and privacy policy"
Write my paper

onsTask 1Land Rover customers in the UKIf interest rates rise by 2% people will not borrow money to help purchase cars, it will cost too much to pay back a loan provided by the bank. In addition, car sales will decrease and if inflation increases the price of cars will begin to increase. Then customers will find that it costs too much to buy cars due to the increase in bank loans. Land Rover customers in the USAIf inflation increases people in the USA will find that it is too expensive to purchase cars.

If the pound rises against the dollar, people in the USA will find that it is costing them more money to buy cars from the UK than in the USA so car sales will decrease. This also means that Land Rovers exports will decrease Land RoverAs Land Rover is a British company, it will become less competitive in other international markets, so they will lose out on profits form abroad.

Don't use plagiarized sources. Get Your Custom Essay on
External Influences on Land Rover economic conditi
Just from $13,9/Page
Get custom paper

Borrowers will have to pay more on their loans due to the increase in interest rates and so will buy less Land Rover vehicles, which will make the sales decrease. As the interest rates increase, purchasing components and goods will become more expensive and car prices will rise. Land Rover suppliers in the UKPrices in the UK are increasing by 3%, which will make it more expensive to purchase the parts and components for making of cars in the UK. As a result of this suppliers will buy their stock from abroad where inflation rise will not affect them, making the cars cheaper there. Land Rover suppliers form Europe or USA Suppliers of raw materials from abroad will probably fall on the pound rises against the dollar. As the pound rises against the dollar Land Rover will be able to afford more, therefore increasing their sales abroad. Task 2 To overcome the problem of inflation/interest rates we would:-Could import components form abroad if exchange rates is increasingly cheaper then other components.

Put pressure on government to tax imports therefore foreign goods to become more expensive Restrict wage increase to keep costs downMay have to increase prices of their own vehicles Keep costs down: introduce more efficient methods of production.

Cite this External Influences on Land Rover economic conditi Essay

External Influences on Land Rover economic conditi Essay. (2019, Mar 07). Retrieved from https://graduateway.com/external-influences-on-land-rover-economic-conditi

Show less
  • Use multiple resourses when assembling your essay
  • Get help form professional writers when not sure you can do it yourself
  • Use Plagiarism Checker to double check your essay
  • Do not copy and paste free to download essays
Get plagiarism free essay

Search for essay samples now

Haven't found the Essay You Want?

Get my paper now

For Only $13.90/page