Problems could include market research for a particular product; Recruitment potential for a particular industry based on UK demographics etc. In more detail you should: 1. Define the problem to be studied and the purpose of research. You should state the relevant datasets that you would need to analyse and resolve the problem identified. 2. Provide an appropriate analysis of the data c

Problems could include market research for a particular product; Recruitment potential for a particular industry based on UK demographics etc. In more detail you should: 1. Define the problem to be studied and the purpose of research. You should state the relevant datasets that you would need to analyse and resolve the problem identified. 2. Provide an appropriate analysis of the data c

Introduction
The current report revolves around the issues found in the manufacturing sector in UK. The major purpose of the report is to understand how the economy or the other sectors of the country influence the GDP growth. The report also helps to learn the relevant factors that could influence the success and the fall of the industry. Although, the manufacturing industry in UK contributed to the employment rate, the sector has observed a slow progress in the recent years. More specifically, it is learnt that the value of UK manufacturer’s product sales was £ 357.8 bn in 2015. A decrease of 1.3% has been observed in 2014. This could be attributed to the decrease of product price. This is known as the first contraction in manufacture’s sales due the economic downturn continued for years since 2010. The report is conducted based on the data published by Office for National Statistics. Based on the issue found, the report provides an appropriate analysis of the data selected. Existing literature has been reviewed to analyze the issue more accurately. An appropriate finding has been provided by based on the analysis conducted on the issue of manufacturing industry in UK. Business Research Methodology Essay

1. Defining the problem to be studied and the purpose of the research
The data published by Office for National Statistics, UK indicates that manufacturing industry in UK registered worst performance in previous years. The major purpose of the research is to understand this problem and conduct a market research to derive a suitable solution to overcome the situation. The data implies that factories and the organizations in the manufacturing and production sector of UK suffered decline in growth of domestic orders in previous years. The issue turned to be a major obstacle when in the second month of the year observed another challenge of exports. The weakening picture observed months of employment decline that comes the after the breakdown in the world economy. The breadth of the slowdown is particularly worrisome. As put forward by Nicolay et al. (2012), the domestic market is likely to show sign of weakening whereas the export business continued to decrease. Standard industrial classification for the manufacturing industry has been included in the report. In order to make the analysis more convenient and relevant, the research used the dataset of 1998 to the recent published date. Nevertheless, all series associated to SICS listed in the following have data only from the specified period. Business Research Methodology Essay

A lot of the market has been observed by ongoing weakness of the international community price. Nevertheless, there is a sign that weaker increase is driving up the competition between manufacturers to strengthen new business as well as the suppliers. The dataset helps to observe that manufacturing as the share of GDP has decreased from over 32% in 1998 to the present days in UK (Ons.gov.uk 2017). On the contrary, the real industrial output hiked 40% between 1980 to 2005, whereas in 2010 the UK accounted for 8.2% of the workforce as well as 12% of the country’s national output. As opined by Rybakovas (2015), in 2008, the United Kingdom became the 6th largest manufacturer by the output offered by Office for the National Statistics. Notwithstanding, the current situation implies a different scenario of fall in the manufacturing sector of the nations. Business Research Methodology Essay

Dataset

(Refer to the appendix)

2. Providing an appropriate analysis of the data chosen and included
It is identified that UK manufacturing has been in “decline” since the 1998 such as coal have been in decline since 1990. Thus, it can be mentioned that the growth of the manufacturing industry has always been statics. The existing research indicates that the percentage of the employment as well as industrial production has steadily decreased. As put forward by Brammer, Hoejmose and Marchant (2012), almost 25% of employment remain under manufacturing as well as industrial production in 90s. However, the data set indicates that by 2011 the percentage of the employment in manufacturing as well as production industry had fallen to 8.2 % . Hence, Huang et al. (2015) commented that the productivity of the labor increased but the substantially in the current period irrespective of the poor employment growth in this period. In order to support the above-mentioned statement, Tannock (2015), commented that productivity of the manufacturing has outdone the service sector. Business Research Methodology Essay

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Figure 1: manufacturing production in the period 1970-2012

(Source: Huang et al. 2015)

The above-mentioned data helps to observe that manufacturing output is observed to be highly cyclical from 90s to 2009. There is a strong decrease in the output, which has negat