п»їTo what magnitude is government investment in businesses making in the UK the most important factor in the revival of British Market? Justify the answer with reference to your very own research as well as the item over.
Food and drink is the major manufacturing sector in the UK with turnover of ВЈ76 billion dollars. With above 8, 1000 companies with this industry and they employ approximately 400, 500 people. With investment, it sees 12, 000 new items being presents being introduced to the market every year. The market can be continually changing, with consumers demands differing each year. Products become discontinued, as the retailers handle the different demand, and so the 5 largest retailers place an average of eight, 500 new releases in their retailers each year. Just like healthy ingesting, of which the government supports completely, so investment occurs in R& G to take on the increasing concern regarding obesity and diabetes. Great britain supply string distributes more than 6. a few billion circumstances of products each year. The Britian's wide distribution network implies that delieveries could be madea and returned inside the UK within 24 hours. The caliber of food signifies that the government intensely invest in it so that which the UK keeps the title while producing the safest and a lot hygienic on the globe. Yet this can only take place due to technology, as advanced diagnositics utilize the latest technology to monitor imported foods etc . By using technology it has brought about the food sector to meet buyer needs and increased efficiency. With many businesses focusing on practical food creation, with the market currently really worth ВЈ1. a couple of billion in britain. The EUROPEAN is the greatest single industry in the world, having a population of nearly five-hundred million. The united kingdom food secotr is an important trading partner with Wurope, with two thirds of the United kingdoms's estimated ВЈ7. 5 billion dollars food and drink...