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Essay / Research Paper Abstract
This 20 page paper looks at four questions asked by the student regarding the building of the M6 toll road in the UK. The first question considers how roods such as this will benefit companies and help realised economies of scale. The second looks at how the road building could be funded and if the opinion that a higher level of borrowing rather than using equity may create more profit as the cost of the debt is lower than the cost of equity. The impact on the shareholders is considered. The third question considers how technology may be introduced to company where there is already resistance, looking at how change man be managed and employees motivates. The last part of the paper considers the impact of the road on stakeholders and the role of innovation. The bibliography cites 2 sources.
Page Count:
20 pages (~225 words per page)
File: TS14_TEM6road.rtf
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Unformatted sample text from the term paper:
numbers of vehicles as well as facilitating increased speed due to that capacity. This type of development is one that will aid trade by allowing economies of scale to be
made as well as reducing some of the opportunity and direct costs associated with the transportation of goods on the supply chain. When looking at the European Union, especially
as it is now increasing by a further ten members to become a twenty five member union, where here there is free trade between the countries developments such as the
M6 toll road are able to encourage trade to take place at several levels. For trade to take place there has to be some type of transformation model, where
inputs are transformed into outputs. In most cases there are the need for physical goods. The location of facilities need to be decided upon the access to local resources for
the inputs. This does not mean a steel factory needs to be near the raw materials, but resources that cannot be moved
easily, such as labour need to be nearby. Resources that can be moved require the road infrastructure to allow inputs in and finished goods out. Rods may be constraining
factors, due to both their capacity in volume of traffic as well as the type of vehicles that can be carried. Where roads such as the M6 toll are built
there are rods that can carry a high level of traffic and also has the capacity for traffic that carries large volumes of goods. The increased speed also means that
goods spend less time of the road saving costs all around. This is also true when sending out goods, where they an be sent out in bulk rather than in
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