Business Environment Report - BARCLAYS

Added on - 22 Jul 2020

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Business and the BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P 1 Various types and purposes of organisations...................................................................1P 2 Size and scope of range of different types of ventures....................................................4TASK 2............................................................................................................................................6P 3 Relationship between various organisational functions and their link with its structure.6TASK 3............................................................................................................................................8P 4 Positive and negative impacts of macro environment on operations of business............8TASK 4..........................................................................................................................................10P 5 SWOT analysis of BARCLAYS....................................................................................10P 6 Interrelation of strengths and weaknesses with external macro factors.........................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................15
INTRODUCTIONBusiness environment is a term that stands for all macro and micro components whichimpacts on the functioning of whole organisation including employees, other staff members,customers, employers or managerial team, norms of business, supply as well as demand, etc.(Zott, Amit and Massa, 2011). In other words, it can be described as cluster of external andinternal factors that affects on the operations of an enterprise either positively or negatively. Thepresent report is based on the BARCLAYS. In this report, different types of firms are describedalong with their size and scope. In addition to that, positive and negative impact of macroenvironment such as political, economical, social, technological, environmental and legalelements is also explained here. Also strength, weaknesses, threat and opportunities ofBARCLAYS is discussed in this assignment.TASK 1P 1 Various types and purposes of organisationsOrganisation can be simply defined as the foundation upon which the complete structureof management is assembled. It is associated with building a frame work where whole work issegmented into manageable components so that target or goals can be attained. The purpose of aorganisation is to serve customers by providing them appropriate products or services andearning profits from that. In addition to those sectors there are also other firms that fall underprivate, public and voluntary sectors which is explained below :Private sectors :This type of companies are owned and run by a single or group ofpeople. The main purpose of such type of firms is to earn more and more money by expandingtheir business in all over the world(Welford, 2013). Government does not play any role in thesetype of corporations. Ventures also attempt to offer good quality products or services to theirpotential consumers so that they seek the attention of large number of people towards theirorganisation. Cater Allen can fall under the category of private sector firms. Apart from this,private firms are owned by various types of traders which is explained below :Sole traders :They are also known as Sole proprietorship . It is a simple businessstructure wherein one person runs and owns the whole business . These persons arelawfully responsible for each and every aspects of their business and also arepersonally liable for the for their finances of business that means they can keep any of1
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