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Business and Business Environment Assignment- NATWEST

   

Added on  2020-06-06

16 Pages4905 Words57 Views
Business and BusinessEnvironment

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Several type of business firms.....................................................................................................1TASK 2............................................................................................................................................5Relationship between two type of business enterprise structure.................................................5TASK 3............................................................................................................................................8Positive and negative impacts of macro environment of NATWEST bank ..............................8TASK 4..........................................................................................................................................10Impacts of both micro and macro environment with the help of SWOT analysis technique...10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12.......................................................................................................................................................14

INTRODUCTIONIn this recent scenario, Regularly growing business firms across all over the world, whichprovides several opportunities to persons. In this light, it is very important for everyorganisations to properly analyse and evaluate major internal and external factors while usingsmart techniques and methods. Furthermore, it directly impacts on working system,management, employee’s working performance and so more. This assignment will bedemonstrate about different type of organisations as well as their size, scope, purpose. Apartfrom this, NATWEST is a large retail and commercial company of UK, which rendering severalkind of financial services and facilities to customers. Furthermore, this report will be discussingabout different type of organisations and several type of business structures with proper effectiveexamples (Teece, 2010). In this addition, PESTEL will be used for determining and analysing allmajor factors also for identifying actual and current position of the firm, SWOT analysistechnique will be used.TASK 1Several type of business firmsThere are different type of organisations, which focuses on to increase profitably andproduction of the firm in the appropriate manner. Basically, business firms facilitates to provideemployment to society. Due to, people can learn something new things as well as enhance theirworking performance and skills in a appropriate way. In this addition, there are various kind ofenterprises such as profit and non-profit organisations (Drucker, 2017). Its working style,structure, size, scope and purposes are different from others. Apart from this, every business firmare working for achieving some decided targets and goals in minimum time. Private organisation: Private business firms are controlled and managed by anindividual person as per their rules and regulations, it is not owned by government of the nations.Because they does not have any rights and powers to operate enterprises. Private business firmsare run their business for the purpose of earning profit also they focuses on to build an brandimage in the external market place (Iskanius, Page and Anbuudayasankar, 2010). Due to, privatecompanies are easy to establish in market alsothey can easy to get attention from high number of profit. For example, NATWEST is one ofleading and largest commercial and retail bank of UK, which facilities to provide financial1

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