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Plant Location Proposal for Hewlett-Packard. Information Covered. R and D plant Production Plant 1)The Workforce 2)The Economy. University Rankings. Qualification Levels in Bristol (Mar 2002 – Feb 2003). Set Degrees. Papers and Citations per head of population.
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Information Covered • R and D plant • Production Plant • 1)The Workforce • 2)The Economy
R and D tax credits • 2006 Budget • Deduct 150% of qualifying expenditure in R and D activities.
Location of manufacturing plant in France • POINTS COVERED: • Better semi-skilled workers • Machinery • Wage rates • High productivity • Level attained is higher • Low inflation • No trade barriers
Differences in Education services • UK: extensive paperwork • Europe: making-processes
Trade Barriers and Exchange Rates within the EU • Single market • Set tariff • No extra duties, taxes • Short term: Import to UK • Medium/Long Term: Export to Europe
Conclusion • R and D plant located within Bristol -Workforce-higher education levels -lower wages -Economy-investment -tax credits -stable economy-GDP and Inflation
Conclusion Continued • Location of production plant within France -Workforce-Semi-skilled workers -Credibility of managers -Higher productivity levels -Cheaper wages -Economy-Low inflation -Ease of Trade
Recommendation • Location of the R and D plant-Bristol • Location of the Production Plant-France
Bibliography Journals and Papers • National Economic Institute Review 2006,2005,2003 • Closing The UK Competitiveness Gap- Walter Eltis and David Highham • Productivity, Machinery and Skills in the United States and Western Europe- Geoff Mason and David Finegold • Flexibility, quality and competitiveness- Bernard Casey, Ewart Keep and Ken Mayhew • Schooling Standards in England and Germany: Some Summary Comparisons Bearing on Economic Performance • Britain’s Productivity Gap with the United States and Europe: A Historical Perspective- Stephen Broadberry and Mary O’Mahony • Britain’s Industrial Skills and the School-Teaching of Practical Subjects: Comparisons with Germany, the Netherlands and Switzerland • How Inflation Undermines Industry Success, W. Eltis • Britain’s Relative Productive Performance, O’Mahoney and Boer • Productivity and Management: the Training of Foremen in Britain and Germany- S.J.Prais and Karin Wagner • UK Productivity and Competitiveness Indicators • Vocational Qualifications of the Labour Force in Britain and Germany. SJ Prais • Vocational Training in France and Britain: Office Work. Hilary Steedman • Yet More Maths Problems • Developments in education and vocational training in Britain: Background note on recent research-S.J.Prais Websites • www.thetimesonline.co.uk • www.worldcompetitivenessonline.com • www.moneyextra.com • www.statistics.gov.uk • www.ukinvest.gov.uk • www.ecb.int • www.ukinvest.gov.uk/information-sheets/4018971/en-GB.html • www.hmrc.gov.uk/randd/ • www.doingbusiness.org/EconomyRankings/