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Business and Business Environment Assignment - Barclays

   

Added on  2020-06-06

15 Pages5176 Words80 Views
BUSINESS AND BUSINESS ENVIRONMENT

Table of ContentsINTRODUCTION...........................................................................................................................1P.1 Different types and purpose of public, private and voluntary sector and legal structures.1P.2 Size and Scope of a range of different types of organisations.........................................3P.3 Relationship between organisation function and division and interlink to achieveorganisation objectives...........................................................................................................4P.4 Identify the positive and negative impact of macro environment has upon businessesoperation of Barclays..............................................................................................................6P.5 internal and external analysis of Barclay in order to identify strength and weakness.....7P.6 Strength and weaknesses interrelated with external macro factors................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................11

INTRODUCTIONBusiness and business environment plays an important role in an organisation to bringthe better perspective to deal with various sources of firms. Barclays is a 325 year oldbanking firm which offer multiple product line as retail banking, commercial banking,investment banking and wealth management. The different types of organisations such asprivate, public and voluntary organisation as well the sole trade and partnership firm and withtheir size, scope and legal, structure are the key highlight in current report. This organisationis associated with the primary, secondary or territory sector. There are two organisationalstructure that Barclays business clients might have. Also, the relationship between variousorganisation's function or division and link to structure and objectives of the firm. ThePolitical, economical, social, technological, environment and legal are affect the macroenvironment. Also, the strengths, weaknesses, opportunity and threat of business specific andinterrelationship with the external and macro factors. The impact of these factor will behindrance in the business decision making.P.1 Different types and purpose of public, private and voluntary sector and legal structures.The nation growth and development will be based on the various organisations whichare important to bring the economic and social welfare. Public: These are the organisations in which works with the partnership with governmentand supreme bodies which are the important for the various development made in the nation.It is an incorporated business entity which is managed by the board of directors instead ofshareholder but in the public limited firm, the shareholder can vote for key issues during theannual general meeting (Naranjo Valencia and Jiménez Jiménez, 2010). However, the publicorganisation provides three types of good and service as public, merit and essential. Publicorganisation can easily sell there share to the member on the stock exchange and increase thefund. As Barclays is also a public limited organisation in the finance industry of UK whichhave various purpose as discuss below:Purpose of the public organisations: The main motive of these organisations is balance thenation economy and contributes in the social development by providing different goods andservices in low cost. While Barclays provide the financial service to the citizen to invest theirmoney for future or lend money for the business purpose.1

Legal structure of the public firm: They have to issue the certificate of incorporation andcertificate of trading will permit selling its shares to the stock exchange. But the maindecision will be taken by the supreme bodies of the government.Private organisations: It is an organisation which has separate legal identity from the owner.Private limited organisation are own by shareholder but there ownership will remain withsmall and family run business. In the private limited firm shareholder remains the limitedliability for the organisation debt (Miller, 1988.). This organisation will run by the board ofdirector and chairmen will be the head of the company.Purpose of private organisation: The main motive of these organisations is to maximize theprofit of the companies and provide better goods and services to cover the market share forhuge business.Legal structure of the public firms: The different legal document has to make before theformation of the private firm in which the most important document are memorandum ofassociation and Article of association with different detail about the organisation. After all theprocess have been done, registrar of companies will issue the certification of incorporation.Voluntary organisation: It is a non profit organisation which have motive to make thesociety better with their contribution in various service during the hazardous situation. Themain purpose of this organisation is to help the poor people for their welfare anddevelopment in the society. Legal structure of Voluntary organisation: There are four types of the legal structure suchas follows:Charitable company limited by guaranteeTrustCharitable unincorporated organisationCharitable incorporated organisations.Sole trader: It is a single entity business which can be form with small amount of funds. Forexamples, newsagents, grocery shops and market trader.Partnership: This are the organisations are made to reduce the burden on trade. Apartnership will be formed with partners, having common objectives. Most of thepartnerships have the unlimited liability for their debt. The limited liability in the partnership2

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