Business Environment and International Business
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This assignment provides a collection of references related to the business environment and international business, including articles, books, and research papers. The sources cover various aspects such as sustainable innovation, business intelligence, and analytics, as well as the impact of tax systems and policy on businesses. It also includes studies on leadership skills, environmentalism, and macroeconomics in a global context. These resources are suitable for students and researchers looking to deepen their understanding of business operations within different environments.
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Table of Contents
INTRODUCTION...........................................................................................................................3
Task 1...............................................................................................................................................3
P.1 Purpose of private,public and voluntary organisation and their legal structure...............3
TASK 2............................................................................................................................................6
P.2 Relationship between various functions within Barclays with interlink from Wells Fargo
and Royal banks Scotland organisation structure...................................................................6
TASK 3............................................................................................................................................9
P.3 positive and negative impacts the macro environment will have upon the business
operations of Barclays and Internal and external analysis of retail industry..........................9
Task 4.............................................................................................................................................12
P.4 SWOT determine the internal........................................................................................12
strengths and weaknesses of specific businesses and their interrelationship with external 12
macro factors.......................................................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................15
INTRODUCTION...........................................................................................................................3
Task 1...............................................................................................................................................3
P.1 Purpose of private,public and voluntary organisation and their legal structure...............3
TASK 2............................................................................................................................................6
P.2 Relationship between various functions within Barclays with interlink from Wells Fargo
and Royal banks Scotland organisation structure...................................................................6
TASK 3............................................................................................................................................9
P.3 positive and negative impacts the macro environment will have upon the business
operations of Barclays and Internal and external analysis of retail industry..........................9
Task 4.............................................................................................................................................12
P.4 SWOT determine the internal........................................................................................12
strengths and weaknesses of specific businesses and their interrelationship with external 12
macro factors.......................................................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................15
INTRODUCTION
Business and Business environment have the important for the organisations which will
to boost the economy of the nation. Barclays is the private organisation which have the major
impact on the economy. Private, public and voluntary organisation are resposnbile to
development economic and social growth in the organisations. The size and scope of different
organisation will help to compare with Barclays. All the division are important to link each other
to achieve the organisational objectives. From the internal and external analysis of Barclays easy
help to be help to change in strategies of their business to bring the better growth and
development according the these factors. It is important for the bring various planing to make the
better strategies to solve the issues of the Barclays. For the organisation like Barclays they have
to considered the many things in the organisation which will help to improve the performance.
Task 1
P.1 Purpose of private,public and voluntary organisation and their legal structure.
In every nation their are various types of the organisation which will help to biormg the
development and stable the economic condition. The purpose of these organisation is to develop
the society. Such organisation are as follows:
Private organisation: These types of the organisation owned by the small groups. As the private
organisation have the share holders which such organisation have limited liability (Adeoye and
Elegunde 2012). The main purpose of the private organisation is to balance between the
economic and social development.
As the Barclays is also the private organisation which have the main motive is top bring
the social development and maximise the profits. These organisation deal in the banking and
financing services.
The size of Barclays:
Barclays is the private organisation which is in London and they have large size for their
organisation. The total employee are in the organisation are more than 129000 which is means
the size is of the organisation is big. Also the division of organisation are in different companies
such as Barclaycard, Barclays investment bank, Barclays wealth.
Business and Business environment have the important for the organisations which will
to boost the economy of the nation. Barclays is the private organisation which have the major
impact on the economy. Private, public and voluntary organisation are resposnbile to
development economic and social growth in the organisations. The size and scope of different
organisation will help to compare with Barclays. All the division are important to link each other
to achieve the organisational objectives. From the internal and external analysis of Barclays easy
help to be help to change in strategies of their business to bring the better growth and
development according the these factors. It is important for the bring various planing to make the
better strategies to solve the issues of the Barclays. For the organisation like Barclays they have
to considered the many things in the organisation which will help to improve the performance.
Task 1
P.1 Purpose of private,public and voluntary organisation and their legal structure.
In every nation their are various types of the organisation which will help to biormg the
development and stable the economic condition. The purpose of these organisation is to develop
the society. Such organisation are as follows:
Private organisation: These types of the organisation owned by the small groups. As the private
organisation have the share holders which such organisation have limited liability (Adeoye and
Elegunde 2012). The main purpose of the private organisation is to balance between the
economic and social development.
As the Barclays is also the private organisation which have the main motive is top bring
the social development and maximise the profits. These organisation deal in the banking and
financing services.
The size of Barclays:
Barclays is the private organisation which is in London and they have large size for their
organisation. The total employee are in the organisation are more than 129000 which is means
the size is of the organisation is big. Also the division of organisation are in different companies
such as Barclaycard, Barclays investment bank, Barclays wealth.
Scope of Barclays:
As these the public limited organisation which have less scope but they offer the
financial service with different products such as retail banking, commercial banking, investment
banking, wealth management.
The legal structure of private organisation included: The legal document for the these
organisation are memorandum of association and article of associations. When
documentation have been done the next step is to sent all the document to the registrar of
companies and then they will issues the certificate of incorporation to the organisations.
Advantages and Disadvantages of the private organisations:
Advantages:
The main advantages of the private organisation will reduce the gap of unemployment.
Disadvantages:
No value of investment are the disadvantages of the private organisation as they will not
get better value of the investment made by the organisations.
Poor protection to member also suffer to the organisations as when the members are not
ready to cooperate when the organisation is not earning profits.
Public organisation: As these types of the organisation have control with the government
bodies. The main n purpose of the public organisation is to brig the society and economic
development. Also the profit of these organisations are important part in the different areas of
government bodies (Padmanand, 2016.).
The legal structure of these organisation are set by the government laws which is mandatory to
follow.
Morrisons is an public organisation which is retail industry. The headquarter of the organisation
in England.
Size of Morrisons: it is the retail organisation which is in the large size. The journey of the
organisation has 118 years ago which means the size is more than enough to recognises the
market value. They total 498 stores over all the locations and more than 132000 employees are
working with Morrison.
As these the public limited organisation which have less scope but they offer the
financial service with different products such as retail banking, commercial banking, investment
banking, wealth management.
The legal structure of private organisation included: The legal document for the these
organisation are memorandum of association and article of associations. When
documentation have been done the next step is to sent all the document to the registrar of
companies and then they will issues the certificate of incorporation to the organisations.
Advantages and Disadvantages of the private organisations:
Advantages:
The main advantages of the private organisation will reduce the gap of unemployment.
Disadvantages:
No value of investment are the disadvantages of the private organisation as they will not
get better value of the investment made by the organisations.
Poor protection to member also suffer to the organisations as when the members are not
ready to cooperate when the organisation is not earning profits.
Public organisation: As these types of the organisation have control with the government
bodies. The main n purpose of the public organisation is to brig the society and economic
development. Also the profit of these organisations are important part in the different areas of
government bodies (Padmanand, 2016.).
The legal structure of these organisation are set by the government laws which is mandatory to
follow.
Morrisons is an public organisation which is retail industry. The headquarter of the organisation
in England.
Size of Morrisons: it is the retail organisation which is in the large size. The journey of the
organisation has 118 years ago which means the size is more than enough to recognises the
market value. They total 498 stores over all the locations and more than 132000 employees are
working with Morrison.
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Scope of Morrisons: as the organisation is deal in the food and drinks,clothing, books,
magazines DVDs. Which has more scope for the organisation. Revue of the Morrison is more
then there 16 million and net income 305 million. Also the Morrison is the fourth largest food
chain super market.
Advantages and Disadvantages of the public organisations:
Advantages:
They can used to impact on the economic condition. As it will help to bring the output for
the betterment of the public. These are the organisation will help to decrease the
unemployment and boost the economy.
The ownership of the organisation remain with the government bodies and all the budget
will be allocated by government.
Disadvantages:
As these organisation don't focus on the quality products and they charge high prices.
They have to give subsided to the public under the supervision of the government
because public organisation main motive is to bring the social development.
Voluntary organisation: these are the organisation which is incorporated under the supervision
of the government. It can be the Non profit organisation which have motive to help the society in
emergency time. As these type of the organisation are set up with the special act. The legal
structure of the voluntary organisation is mainly from the unincorporated organisation or the Non
profit organisations and charitable trust. These type of the organisation will help when there is
war or epidemic arise in the nation.
Welcome trust is an voluntary organisation and the mite of the trust is to bring the innovative
ides in there own health centre and research about the different vaccines for the poor people who
need the most.
Size of welcome trust: As these are the global charitable trust funding organisation with the
motive of social development. They are independent from financial and other government
intervention. They have presence across the united kingdom.
magazines DVDs. Which has more scope for the organisation. Revue of the Morrison is more
then there 16 million and net income 305 million. Also the Morrison is the fourth largest food
chain super market.
Advantages and Disadvantages of the public organisations:
Advantages:
They can used to impact on the economic condition. As it will help to bring the output for
the betterment of the public. These are the organisation will help to decrease the
unemployment and boost the economy.
The ownership of the organisation remain with the government bodies and all the budget
will be allocated by government.
Disadvantages:
As these organisation don't focus on the quality products and they charge high prices.
They have to give subsided to the public under the supervision of the government
because public organisation main motive is to bring the social development.
Voluntary organisation: these are the organisation which is incorporated under the supervision
of the government. It can be the Non profit organisation which have motive to help the society in
emergency time. As these type of the organisation are set up with the special act. The legal
structure of the voluntary organisation is mainly from the unincorporated organisation or the Non
profit organisations and charitable trust. These type of the organisation will help when there is
war or epidemic arise in the nation.
Welcome trust is an voluntary organisation and the mite of the trust is to bring the innovative
ides in there own health centre and research about the different vaccines for the poor people who
need the most.
Size of welcome trust: As these are the global charitable trust funding organisation with the
motive of social development. They are independent from financial and other government
intervention. They have presence across the united kingdom.
Scope of welcome trust: The main scope of the organisation is to brig the various research in
the health sector. As they had research for the Zika virus and help to the society to feel more
better. Their main aim is remove the any disease from the society so that the environment
became more better and healthy.
Advantages and Disadvantage of the voluntary organisations:
Advantages:
These organisation are not focusing on the profit and they are always ready for
development for the society.
Employee Commitment: in these organisation all the employees have the personal
interest and they have committed to organisation causes.
Disadvantage:
Limited Funding is the disadvantage for the voluntary organisation as these are non profit
organisations which cause the lack of funds.
TASK 2
P.2 Relationship between various functions within Barclays with interlink from Wells Fargo and
Royal banks Scotland organisation structure.
As in the every organisation have the different function which is help to runsthge
business operation successfully. Barclays is dealing in the financial services. They have different
division in the organisation which they work together to achieve the organisational objectives.
Such division are as follows:
Finance: These the most important division form the organisation as they have main function to
record the book keeping. The proper decision made from the financial division to investors the
most in the different area is depends on their profit and loss statement. For every function related
to the finance is the important aspect (Padmanand, 2016). The valuation of the Barclays is more t
and it is already and financial organisation which have the strong finance department. To allocate
to the budget for all the division will be made form the finance division.
Human resource: these the most important division for the organisation to maintain the relation
with the employees. Human resource division is the responsible to recruitment for new
the health sector. As they had research for the Zika virus and help to the society to feel more
better. Their main aim is remove the any disease from the society so that the environment
became more better and healthy.
Advantages and Disadvantage of the voluntary organisations:
Advantages:
These organisation are not focusing on the profit and they are always ready for
development for the society.
Employee Commitment: in these organisation all the employees have the personal
interest and they have committed to organisation causes.
Disadvantage:
Limited Funding is the disadvantage for the voluntary organisation as these are non profit
organisations which cause the lack of funds.
TASK 2
P.2 Relationship between various functions within Barclays with interlink from Wells Fargo and
Royal banks Scotland organisation structure.
As in the every organisation have the different function which is help to runsthge
business operation successfully. Barclays is dealing in the financial services. They have different
division in the organisation which they work together to achieve the organisational objectives.
Such division are as follows:
Finance: These the most important division form the organisation as they have main function to
record the book keeping. The proper decision made from the financial division to investors the
most in the different area is depends on their profit and loss statement. For every function related
to the finance is the important aspect (Padmanand, 2016). The valuation of the Barclays is more t
and it is already and financial organisation which have the strong finance department. To allocate
to the budget for all the division will be made form the finance division.
Human resource: these the most important division for the organisation to maintain the relation
with the employees. Human resource division is the responsible to recruitment for new
employees and bring the various policies to bring the healthy environment in the organisations.
They have the major role to motivate the employees and develop them by conducting the
training. Barclays have human resource division to hire the employees and set the certain rules
and regulations.
Marketing: These is the most important division for the organisation as they have to perform
certainer role for the organisation. To promote organisation products and other services of the
organisation. They use the different strategies to increase the sales. Advertisement from the
marketing team will attract to the customer. For the finical products selling and branding will be
responsible of these division as they are more communicating to the customer. Also look out to
after sales service which can bring the trust for the organisations.
Production: these the main division in the organisation s they deal in the production of the
organisation. But in the Barclays productions is based on the different service which has to be
cross selling with other products. In the banking accounts of the customer and mutual funds are
the major important services. These division focus on the more services provide to the customer
so that more revenue will be generated. The effective service provide to the customer make the
more better response for the organisations.
Operations: these division can be the major influence for the organisations they are the key
division. Operation in the Barclays need more better as they are in the financial services. Each
and every secession form the different p[art of the location transaction will be occurred. To look
out the successfully transaction and check the transaction is the role of operations (Sekaran and
Bougie 2016). The more organisation will focus on their operation division all other division will
be more productivity because in the banking and financial services organisation need the rapid
operation department to achieve the organisational objective.
Information and Technology Department: These can be the most important division for the
bankings organisation. Due to digital revolution in the financial sector IT division have increase
roles to stop the fraud and cyber attack from internal external sources.
It is important for all these division to interlink in such as manner to achieve organisational
objectives. Barclays and it is important to all the department will work together to achieve the
organisations goals. The link of these division are the most important aspect in the organisation
which they focus on the certain objective ad goals of the Barclays. As the human resource
organisation have the major impact on the organisation they have to link with they other division
They have the major role to motivate the employees and develop them by conducting the
training. Barclays have human resource division to hire the employees and set the certain rules
and regulations.
Marketing: These is the most important division for the organisation as they have to perform
certainer role for the organisation. To promote organisation products and other services of the
organisation. They use the different strategies to increase the sales. Advertisement from the
marketing team will attract to the customer. For the finical products selling and branding will be
responsible of these division as they are more communicating to the customer. Also look out to
after sales service which can bring the trust for the organisations.
Production: these the main division in the organisation s they deal in the production of the
organisation. But in the Barclays productions is based on the different service which has to be
cross selling with other products. In the banking accounts of the customer and mutual funds are
the major important services. These division focus on the more services provide to the customer
so that more revenue will be generated. The effective service provide to the customer make the
more better response for the organisations.
Operations: these division can be the major influence for the organisations they are the key
division. Operation in the Barclays need more better as they are in the financial services. Each
and every secession form the different p[art of the location transaction will be occurred. To look
out the successfully transaction and check the transaction is the role of operations (Sekaran and
Bougie 2016). The more organisation will focus on their operation division all other division will
be more productivity because in the banking and financial services organisation need the rapid
operation department to achieve the organisational objective.
Information and Technology Department: These can be the most important division for the
bankings organisation. Due to digital revolution in the financial sector IT division have increase
roles to stop the fraud and cyber attack from internal external sources.
It is important for all these division to interlink in such as manner to achieve organisational
objectives. Barclays and it is important to all the department will work together to achieve the
organisations goals. The link of these division are the most important aspect in the organisation
which they focus on the certain objective ad goals of the Barclays. As the human resource
organisation have the major impact on the organisation they have to link with they other division
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and plan according for the future needs. As the human resource will be responsible for the
organisation better manpower and for the operation, marketing and other works which is then
important aspect for them. The operation division has to bring the better idea to improved the
organisational services form the better technology adoption. As the marketing team will be focus
to build the relation with customer. As result all the department should be link together to
achieve the organisational objectives. Better the financial decision will be taken with the more
skilled and potential employees will be ready to serve the better services and bring the more
advance operation with marketing team will help to accomplish all the objectives.
Analysis between the Wells Fargo and Royal banks Scotland organisation structure with
Barclays:
Wells Fargo: it is there financial organisation the major competitor of the Barclays. The more
organisation have the impact on the human resource ad they headhunting of the organisations. As
they are the mortgage, investing, credit card, insurance and consumer and commercial financial
services. As the information of the Barclays with the customer is different form the wells Fargo.
Barclays give the better response on the urban area while welds Fargo also focus on the urban
areas which brings the adverse impact on the organisations.
Royal bank Scotland: it is the bank of Scotland which is the major competitor with the
Barclays as the human resource division are far better than the Scotland bank in which the
manpower of organisation is focus on the employees training and development so that more
income can be generated with other operations. They had targeted to the rural and urban
customer while the Barclays have only in urban customer. The operation division of the Royal
Scotland is more better in the rural area while the Barclays have the urban customer. Also the
marketing team of the Royal banks Scotland use the better technology to bring the rapid
operations. The more serous condition is in customer service which is poor from both
organisations. While the major urban and regulation of the organisation are better than the
Barclays. As the price of the organisation is depends on the mutual funds and other financial
services of the organisations.
organisation better manpower and for the operation, marketing and other works which is then
important aspect for them. The operation division has to bring the better idea to improved the
organisational services form the better technology adoption. As the marketing team will be focus
to build the relation with customer. As result all the department should be link together to
achieve the organisational objectives. Better the financial decision will be taken with the more
skilled and potential employees will be ready to serve the better services and bring the more
advance operation with marketing team will help to accomplish all the objectives.
Analysis between the Wells Fargo and Royal banks Scotland organisation structure with
Barclays:
Wells Fargo: it is there financial organisation the major competitor of the Barclays. The more
organisation have the impact on the human resource ad they headhunting of the organisations. As
they are the mortgage, investing, credit card, insurance and consumer and commercial financial
services. As the information of the Barclays with the customer is different form the wells Fargo.
Barclays give the better response on the urban area while welds Fargo also focus on the urban
areas which brings the adverse impact on the organisations.
Royal bank Scotland: it is the bank of Scotland which is the major competitor with the
Barclays as the human resource division are far better than the Scotland bank in which the
manpower of organisation is focus on the employees training and development so that more
income can be generated with other operations. They had targeted to the rural and urban
customer while the Barclays have only in urban customer. The operation division of the Royal
Scotland is more better in the rural area while the Barclays have the urban customer. Also the
marketing team of the Royal banks Scotland use the better technology to bring the rapid
operations. The more serous condition is in customer service which is poor from both
organisations. While the major urban and regulation of the organisation are better than the
Barclays. As the price of the organisation is depends on the mutual funds and other financial
services of the organisations.
TASK 3
P.3 positive and negative impacts the macro environment will have upon the business operations
of Barclays and Internal and external analysis of retail industry.
In each and every organisation their is certain negative and positive impact of the macro
environment factors. The operation of the business is depends on these factors and size of the
organisations. The potters five force model will help to analyse the negative and positive impact.
Primary activities: Barclays had committed to the customer to giver the better quality products
and more return of investment to the clients. These are the organisation which is the major
primary activities of organisations (Ebert, Griffin, Starke and Dracopoulos 2014.).
Inbound logistics: for the organisation the inbound activities are the process in which the goods
and service will be consideration from organisation to meet the final products according to the
customer requirement.
Out bound logistics: it is the process in which the goods and service will be delivered to to the
customer for the end use. All the products and services will be available to for the clients.
Operations: the most important aspect is the operation of the Barclays are slow according to the
customer commitment by the organisations. The services are affected due to slow operation in
the organisations. The financial institution need the better operation to serve the clients.
Marketing and sales: As the marketing and sales is the most important for the barcalys. But
they are not able to mange the clients. Promotion of the marketing team will help to know more
effective target clients but the sales team of the organisation is not performing better in front of
the customer. Sales team not responding to the clients requirements which is impact on the
goodwill of organisations.
Services: as the operation is not doing their work properly due tom which the impact on the
organisation services. The clients are not happy to choose the Barclays as they feel their money
will be invested at wrong places.
Support activities: These are the internal factors of the organisation which can influence the
business operation.
Firms Infrastructure: The most important for the Barclay is their infrastructure which is
different every where to attract the customer All the banks are of the Barclays will be based on
there different buildings. As the ATM of the organisation will be based on the new technology.
P.3 positive and negative impacts the macro environment will have upon the business operations
of Barclays and Internal and external analysis of retail industry.
In each and every organisation their is certain negative and positive impact of the macro
environment factors. The operation of the business is depends on these factors and size of the
organisations. The potters five force model will help to analyse the negative and positive impact.
Primary activities: Barclays had committed to the customer to giver the better quality products
and more return of investment to the clients. These are the organisation which is the major
primary activities of organisations (Ebert, Griffin, Starke and Dracopoulos 2014.).
Inbound logistics: for the organisation the inbound activities are the process in which the goods
and service will be consideration from organisation to meet the final products according to the
customer requirement.
Out bound logistics: it is the process in which the goods and service will be delivered to to the
customer for the end use. All the products and services will be available to for the clients.
Operations: the most important aspect is the operation of the Barclays are slow according to the
customer commitment by the organisations. The services are affected due to slow operation in
the organisations. The financial institution need the better operation to serve the clients.
Marketing and sales: As the marketing and sales is the most important for the barcalys. But
they are not able to mange the clients. Promotion of the marketing team will help to know more
effective target clients but the sales team of the organisation is not performing better in front of
the customer. Sales team not responding to the clients requirements which is impact on the
goodwill of organisations.
Services: as the operation is not doing their work properly due tom which the impact on the
organisation services. The clients are not happy to choose the Barclays as they feel their money
will be invested at wrong places.
Support activities: These are the internal factors of the organisation which can influence the
business operation.
Firms Infrastructure: The most important for the Barclay is their infrastructure which is
different every where to attract the customer All the banks are of the Barclays will be based on
there different buildings. As the ATM of the organisation will be based on the new technology.
Human resource management: The human resource management of the organisation will
based on the perfection. As they implemented the better polices in the organisation also hire
more effective employees (Dumas and Reijers, 2013). The more the better manpower of the
organisation operation will be effective. If the human resource will be focus on the training and
development of employees which will give better output and services will be improved.
Procurement: suppliers of in terms of the private agent are not able to perform for the
organisations. Also the customer have lost the trust due to such issues with the agents.
Technology: Barclays muse the advance technology to bring the rapid services to customer. The
ATM and innovative cards for the customer will more influence to the clients.
It is easily identified the negative and positive impact of the organisations.
Negative impact:
Services: Barclays have the ineffective services which is negative impact on the organisation.
Marketing and sales: low promotion strategies and the not responding to the customer by sales
team is the negative impact on the organisations.
Positive impact:
Technology: utilising of the technology to better consumer services by they organisation which
is positive impact for the Barclays.
Human resource management: these division have the different rile in the organisation with
proper interlink between other functionalist tram of the organisation have the positive impact in
achieving the organisational objectives.
Internal and external factors of Barclays:
It can be done through the analyse the different factors which can be the PESTLE such
as:
Political factors: these the most important factors which will affect on the organisation. The
intervention of the government on the organisation due to change in the policy which can be the
tax rate. As the taxation change of the united kingdom will be impact on the revenue of the
based on the perfection. As they implemented the better polices in the organisation also hire
more effective employees (Dumas and Reijers, 2013). The more the better manpower of the
organisation operation will be effective. If the human resource will be focus on the training and
development of employees which will give better output and services will be improved.
Procurement: suppliers of in terms of the private agent are not able to perform for the
organisations. Also the customer have lost the trust due to such issues with the agents.
Technology: Barclays muse the advance technology to bring the rapid services to customer. The
ATM and innovative cards for the customer will more influence to the clients.
It is easily identified the negative and positive impact of the organisations.
Negative impact:
Services: Barclays have the ineffective services which is negative impact on the organisation.
Marketing and sales: low promotion strategies and the not responding to the customer by sales
team is the negative impact on the organisations.
Positive impact:
Technology: utilising of the technology to better consumer services by they organisation which
is positive impact for the Barclays.
Human resource management: these division have the different rile in the organisation with
proper interlink between other functionalist tram of the organisation have the positive impact in
achieving the organisational objectives.
Internal and external factors of Barclays:
It can be done through the analyse the different factors which can be the PESTLE such
as:
Political factors: these the most important factors which will affect on the organisation. The
intervention of the government on the organisation due to change in the policy which can be the
tax rate. As the taxation change of the united kingdom will be impact on the revenue of the
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organisations. The fiscal policy will also influence on the organisation as the trade and tariffs
will be impact on there organisation clients. For the Barclays it is important for them to bring the
various plans according to the customer.
Economic factors: These are factors are determine on the economy of nations. As the united
kingdom economic conditions not in their control and all the financial services organisation have
either long term and short term affect. As the economic factors included inflation rate, change in
the interest rate, foreign exchanges. The inflation of the united kingdom is affected on the
Barclays is directly impact on their business which can loss to the organisation (Popescu,
2013). Due to less purchasing power of the customer are not able to invest money by taking
organisation products.
Social factors: as the trends and culture of the united kingdom also influence to the organisation.
As the Barclays have main focus on the urban client but they are not able to attract the rural
customer as they are not considered there saving in the banks or invest money on the financial
products, so the social factor have the major influence on the organisations.
Technological factors: due to changes in the technology organisational has suffer in many areas
in their business. As they are not able to focus on their operation. But changes in the technology
will adverse impact on the organisation as every automation bring the high cost on the Barclays.
Legal factors: These are the factors which will be included in the internal and external factors.
Some of the laws are influence on the organisation (Rose, Orrenius and Neumann 2013.). As the
labour laws will be impact on the organisation will be burden on the organisations.
Environmental Factors: these are the factors which will affect due to all the factors around the
business. As the small scale business are affect in the united kingdom after the Brexit which will
lead to impact on the business environment of the organisations.
Task 4
P.4 SWOT determine the internal strengths and weaknesses of specific businesses and their
interrelationship with external macro factors.
In every organisation the internal strength and weaknesses are according to the other
factors and it can be determine with the SWOT analyse of the organisations.
will be impact on there organisation clients. For the Barclays it is important for them to bring the
various plans according to the customer.
Economic factors: These are factors are determine on the economy of nations. As the united
kingdom economic conditions not in their control and all the financial services organisation have
either long term and short term affect. As the economic factors included inflation rate, change in
the interest rate, foreign exchanges. The inflation of the united kingdom is affected on the
Barclays is directly impact on their business which can loss to the organisation (Popescu,
2013). Due to less purchasing power of the customer are not able to invest money by taking
organisation products.
Social factors: as the trends and culture of the united kingdom also influence to the organisation.
As the Barclays have main focus on the urban client but they are not able to attract the rural
customer as they are not considered there saving in the banks or invest money on the financial
products, so the social factor have the major influence on the organisations.
Technological factors: due to changes in the technology organisational has suffer in many areas
in their business. As they are not able to focus on their operation. But changes in the technology
will adverse impact on the organisation as every automation bring the high cost on the Barclays.
Legal factors: These are the factors which will be included in the internal and external factors.
Some of the laws are influence on the organisation (Rose, Orrenius and Neumann 2013.). As the
labour laws will be impact on the organisation will be burden on the organisations.
Environmental Factors: these are the factors which will affect due to all the factors around the
business. As the small scale business are affect in the united kingdom after the Brexit which will
lead to impact on the business environment of the organisations.
Task 4
P.4 SWOT determine the internal strengths and weaknesses of specific businesses and their
interrelationship with external macro factors.
In every organisation the internal strength and weaknesses are according to the other
factors and it can be determine with the SWOT analyse of the organisations.
Barclays is the financial organisation. Barclays is a brand that they come across whenever the
customer think about it. As the organisation infrastructure is better to attract the youth customer.
As the youth is interesting to bring the better investment plans.
Strengths - Barclays is big brand in banking industry. Barclays has number of customers
compare then other banking industry. The bank has over 4500 branches and has operation in
more 50 countries. It is the worldwide company. As the member of global ATM alliance the
Barclay customer can withdraw the money form from every ATM machine and the charges will
not be applicable.
Weakness - In the banking industry many service are available of the customers. but some
service can not be able to give to the people so here once the organisations has to be ethical
practices which will give the better comfortable to the organisations. got into ethical problems by
providing services to people in United Kingdom connected the bank started question the
integrity and ethics of Barclays (Hamilton and Webster 2015). Barclays company is biggest
company in the banking industry but bank were unable to give services to their customers and
decrease the come of value.
Opportunities - If company want that they will become a big brand then they can achieve this
types of target in the future. and it only possible from decrease the weakness and get new
opportunities and work according opportunities. Barclays can gives best services to their
customers and prove that it is a big brand in banking industry. Barclays can explore their
branches in more countries and give best service to their customers. Barclays can start the more
ATMs in different location whether ATMs are not available so people faith are increase day by
day (Craig and Campbell 2012). It can start more things like what other companies are not giving
to their customers and prove that only Opportunities is giving very good services to their
customers. From this things company gets the more customer who will use the Barclays's
banking and operational services. The company should get in a wider portfolio of services to
attract more customers and should also aim at increasing cross selling Company can start the
program , meetings and learning event for the employees. There are great opportunities for
Barclays in emerging economics where there is a rising demand for credit in both the retail
banking and wholesale banking spaces.
customer think about it. As the organisation infrastructure is better to attract the youth customer.
As the youth is interesting to bring the better investment plans.
Strengths - Barclays is big brand in banking industry. Barclays has number of customers
compare then other banking industry. The bank has over 4500 branches and has operation in
more 50 countries. It is the worldwide company. As the member of global ATM alliance the
Barclay customer can withdraw the money form from every ATM machine and the charges will
not be applicable.
Weakness - In the banking industry many service are available of the customers. but some
service can not be able to give to the people so here once the organisations has to be ethical
practices which will give the better comfortable to the organisations. got into ethical problems by
providing services to people in United Kingdom connected the bank started question the
integrity and ethics of Barclays (Hamilton and Webster 2015). Barclays company is biggest
company in the banking industry but bank were unable to give services to their customers and
decrease the come of value.
Opportunities - If company want that they will become a big brand then they can achieve this
types of target in the future. and it only possible from decrease the weakness and get new
opportunities and work according opportunities. Barclays can gives best services to their
customers and prove that it is a big brand in banking industry. Barclays can explore their
branches in more countries and give best service to their customers. Barclays can start the more
ATMs in different location whether ATMs are not available so people faith are increase day by
day (Craig and Campbell 2012). It can start more things like what other companies are not giving
to their customers and prove that only Opportunities is giving very good services to their
customers. From this things company gets the more customer who will use the Barclays's
banking and operational services. The company should get in a wider portfolio of services to
attract more customers and should also aim at increasing cross selling Company can start the
program , meetings and learning event for the employees. There are great opportunities for
Barclays in emerging economics where there is a rising demand for credit in both the retail
banking and wholesale banking spaces.
Threats - If a company can become a big brand then also become a failure in the industry.
Barclays faced so many problems in the past. The big threat is in the year 2000, Barclays shut
down the many branches which will required. Other banks took advantage of this and positioned
themselves as customer friendly companies that keep branches open. Barclays have bad
impression in the Asia which will give more adverse situation on the response. Barclays's
position in Asia is not as string as it is in another countries.
From the above SWOT of the organisation will be influence on the decision making process of
the organisation. As the strength area of the organisations such as the goodwill of the
organisation is the directly impact on the performance. The more the organisation will be focus
on their weakness will be influences on the decision making process will be adverse impact on
the organisation as these are the weakness such as the poor condition in the united kingdom will
be negative impact on the organisation revenue. If the financial decision will taken more better
way due to the economic condition of the nation brings their performance in a more adverse
situationist (Boons and Lüdeke-Freund 2013.). The more the organisation will consider their
opportunity in the decision making process will be focus on the organisations the more the
organisation have related decision which will boost the performance of the organisation as well
the business environment will be more better.
CONCLUSION
From the report business and business environment is concluded that the major impact
on some of the external and internal factor of the organisation. As the Barclays is the biggest
financial organisation which deal to quality financial products. From the internal and external
environment the political factor will be help bring the major effective result form the
organisations. As the technological and social factors have the major impact on the
organisations. From the technological changes the organisation will help to boost the operation
and other services. As they had use the certain ATM and card which will easy for the better
customer services. It will also save the time and cost of the organisation which will makes the
better environment. As the major strength and weakness of the Barclays is the marketing and
sales team. Better the result of the organisations will bring the more business for the
environment. All the division is to important to interlink with each other to achieve the
Barclays faced so many problems in the past. The big threat is in the year 2000, Barclays shut
down the many branches which will required. Other banks took advantage of this and positioned
themselves as customer friendly companies that keep branches open. Barclays have bad
impression in the Asia which will give more adverse situation on the response. Barclays's
position in Asia is not as string as it is in another countries.
From the above SWOT of the organisation will be influence on the decision making process of
the organisation. As the strength area of the organisations such as the goodwill of the
organisation is the directly impact on the performance. The more the organisation will be focus
on their weakness will be influences on the decision making process will be adverse impact on
the organisation as these are the weakness such as the poor condition in the united kingdom will
be negative impact on the organisation revenue. If the financial decision will taken more better
way due to the economic condition of the nation brings their performance in a more adverse
situationist (Boons and Lüdeke-Freund 2013.). The more the organisation will consider their
opportunity in the decision making process will be focus on the organisations the more the
organisation have related decision which will boost the performance of the organisation as well
the business environment will be more better.
CONCLUSION
From the report business and business environment is concluded that the major impact
on some of the external and internal factor of the organisation. As the Barclays is the biggest
financial organisation which deal to quality financial products. From the internal and external
environment the political factor will be help bring the major effective result form the
organisations. As the technological and social factors have the major impact on the
organisations. From the technological changes the organisation will help to boost the operation
and other services. As they had use the certain ATM and card which will easy for the better
customer services. It will also save the time and cost of the organisation which will makes the
better environment. As the major strength and weakness of the Barclays is the marketing and
sales team. Better the result of the organisations will bring the more business for the
environment. All the division is to important to interlink with each other to achieve the
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organisations The operation and marketing team of the organisation will be included in more
advance which will be directly impact on the clients.
advance which will be directly impact on the clients.
REFERENCES
Books and Journals
Adeoye, A.O. and Elegunde, A.F., 2012. Impacts of external business environment on
organisational performance in the food and beverage industry in Nigeria. British Journal of Arts
and Social Sciences. 6(2). pp.56-65.
Boons, F. and Lüdeke-Freund, F., 2013. Business models for sustainable innovation: state-of-
the-art and steps towards a research agenda. Journal of Cleaner Production.45. pp.9-19.
Cavusgil, S.T., Knight, G., Riesenberger, J.R., Rammal, H.G. and Rose, E.L.,
2014. International business. Pearson Australia.
Chen, H., Chiang, R.H. and Storey, V.C., 2012. Business intelligence and analytics: From big
data to big impact. MIS quarterly.36(4).
Craig, T. and Campbell, D., 2012. Organisations and the business environment. Routledge.
Ebert, R.J., Griffin, R.W., Starke, F.A. and Dracopoulos, G., 2014. Business essentials. Pearson
Education Canada.
Hamilton, L. and Webster, P., 2015. The international business environment. Oxford University
Press, USA.
Sekaran, U. and Bougie, R., 2016. Research methods for business: A skill building approach.
John Wiley & Sons.
Siewiorek, A., Saarinen, E., Lainema, T. and Lehtinen, E., 2012. Learning leadership skills in a
simulated business environment. Computers & Education. 58(1). pp.121-135.
Welford, R., 2013. Hijacking environmentalism: Corporate responses to sustainable
development. Routledge.
Dumas, M. and Reijers, H. A., 2013. Fundamentals of business process management (Vol. 1, p.
2). Heidelberg: Springer.
Kindsfaterienė, K. and Lukaševičius, K., 2015. The Impact of the Tax System on Business
Environment. Engineering Economics. 57(2).
Books and Journals
Adeoye, A.O. and Elegunde, A.F., 2012. Impacts of external business environment on
organisational performance in the food and beverage industry in Nigeria. British Journal of Arts
and Social Sciences. 6(2). pp.56-65.
Boons, F. and Lüdeke-Freund, F., 2013. Business models for sustainable innovation: state-of-
the-art and steps towards a research agenda. Journal of Cleaner Production.45. pp.9-19.
Cavusgil, S.T., Knight, G., Riesenberger, J.R., Rammal, H.G. and Rose, E.L.,
2014. International business. Pearson Australia.
Chen, H., Chiang, R.H. and Storey, V.C., 2012. Business intelligence and analytics: From big
data to big impact. MIS quarterly.36(4).
Craig, T. and Campbell, D., 2012. Organisations and the business environment. Routledge.
Ebert, R.J., Griffin, R.W., Starke, F.A. and Dracopoulos, G., 2014. Business essentials. Pearson
Education Canada.
Hamilton, L. and Webster, P., 2015. The international business environment. Oxford University
Press, USA.
Sekaran, U. and Bougie, R., 2016. Research methods for business: A skill building approach.
John Wiley & Sons.
Siewiorek, A., Saarinen, E., Lainema, T. and Lehtinen, E., 2012. Learning leadership skills in a
simulated business environment. Computers & Education. 58(1). pp.121-135.
Welford, R., 2013. Hijacking environmentalism: Corporate responses to sustainable
development. Routledge.
Dumas, M. and Reijers, H. A., 2013. Fundamentals of business process management (Vol. 1, p.
2). Heidelberg: Springer.
Kindsfaterienė, K. and Lukaševičius, K., 2015. The Impact of the Tax System on Business
Environment. Engineering Economics. 57(2).
Padmanand, V. and et.al., 2016. Rise of the Third World: In the Enabling Policy and Business
Environment. Small Enterprises Development, Management & Extension Journal
(Sedme). 41(3).
Popescu, G. H., 2013. Macroeconomics, Effective Leadership, and the Global Business
Environment. Contemp. Readings L. & Soc. Just. 5. p. 170.
Rose, L. M., Orrenius, U. E. and Neumann, W. P., 2013. Work environment and the bottom line:
Survey of tools relating work environment to business results. Human Factors and
Ergonomics in Manufacturing & Service Industries. 23(5). pp. 368-381.
Rossi, M., Vrontis, D. and Thrassou, A., 2012. Wine business in a changing competitive
environment–strategic and financial choices of Campania wine firms. International
Journal of Business and Globalisation. 8(1). pp. 112-130.
Sena Ferreira, P., Shamsuzzoha, A.H.M., Toscano, C., Cunha, P., et.al., 2012. Framework for
performance measurement and management in a collaborative business environment.
International Journal of Productivity and Performance Management. 61(6). pp. 672-690.
Environment. Small Enterprises Development, Management & Extension Journal
(Sedme). 41(3).
Popescu, G. H., 2013. Macroeconomics, Effective Leadership, and the Global Business
Environment. Contemp. Readings L. & Soc. Just. 5. p. 170.
Rose, L. M., Orrenius, U. E. and Neumann, W. P., 2013. Work environment and the bottom line:
Survey of tools relating work environment to business results. Human Factors and
Ergonomics in Manufacturing & Service Industries. 23(5). pp. 368-381.
Rossi, M., Vrontis, D. and Thrassou, A., 2012. Wine business in a changing competitive
environment–strategic and financial choices of Campania wine firms. International
Journal of Business and Globalisation. 8(1). pp. 112-130.
Sena Ferreira, P., Shamsuzzoha, A.H.M., Toscano, C., Cunha, P., et.al., 2012. Framework for
performance measurement and management in a collaborative business environment.
International Journal of Productivity and Performance Management. 61(6). pp. 672-690.
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