TABLE OF CONTENT •Introduction •Main Body •Conclusion •References
INTRODUCTION •Business environment may be define as the collection of all the internal and external factors which affect business directly or indirectly for instance employees, management, client, social trends etc. All the external and internal factors affect the function of the business or some of them influence the business organization. business environment helps in determining business opportunity, planning and betterment of the overall performance, growth and profitability of the business.
THE POSITIVE AND NEGATIVE IMPACTS THE MACRO ENVIRONMENT HAS UPON BUSINESS OPERATIONS •Political factors like political stability either instability in overseas markets, tax policy, labor law , environmental law government policy etc. positive and negative impact of macro environment upon the business operation are •Being a globally acclaimed bank, they have been working in UK, South Africa and Australia such, under different laws and regulation, guidelines and arrangements the organization in this manner essential to recognize these laws and embrace them to work effectively and successfully in their money related model, they have additionally been given different insurance procedures against legislative confinements and constraints to defend their position.
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INTERNAL AND EXTERNAL ANALYSIS OF SPECIFIC ORGANIZATION IN ORDER TO IDENTIFY STRENGTH AND WEAKNESS •Strength : they have become a head of building brand value, they offer high range of customer choice. •Weakness : they have become a monopolistic company where their expansion has now put it in a difficult situation., they subsist of negligible administration layers and a weak board. •Opportunity : They give old administrations utilizing new modes which further make them imaginative and increment in their openings for further development, They have had the option to diminish their working costs in this manner applying successful procedures. •threats : presence of global competition , increase In financial crime.
INTERRELATION OF STRENGTH AND WEAKNESS WITH EXTERNAL MACRO FACTORS •Threats ••Nearness of an enormous challenge inside the financial business of UK because of essence of other worldwide organizations, for example, HSBC. ••There has been an expanded development of pawn shops along these lines arousing the advance development
CONCLUSION •Above report provide a guidelines and information related to the business and business environment these report therefore infers by stating an understanding of the different business function and related environment with concentrate on virgin money in the UK context, concentrate has been given on the various types of the organization such as private, public and voluntary, there sizes and scope and the way they desire to operate them. Further consideration has been made on the broad range of cope and size of the different business types.
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