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(Solved) - Assignment on Business Environment

Added on - 19 Feb 2021

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Business environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1.........................................................................................................................................1Examine how your chosen company is governed and structured..............................................1Task 2............................................................................................................................................3Evaluate the importance of carrying out PESTEL analysis for an organization.........................3TASK 3...........................................................................................................................................4PESTEL framework to analyse the external environment of Plus500:......................................4CONCLUSION.......................................................................................................................7REFRENCES..................................................................................................................................8
INTRODUCTIONThe term business environment may be defined as the all the internal and external factorsof the environment which affect the business organization directly or in directly are known as thebusiness environment, business environment is the part of the business management or amarketing term. the business environment helps to identify or analysis the business opportunity,tapping useful resources, coping with changes etc. this report is completely related to the Pluss500 company, Pluss500 take as company in report, it is the online trading industry of the UK.Company was founded in 2008 by the Alon Gonen, Mal Haber, the pluss500 company revenuewas around US$ 720.4 million, and its operating income was US$ 505.3 million or net incomewas US$ 379.0 million in the last year 2018. this report of will cover the main topic and provideinformation related to the business environment in the plus500 company how it is governed andstructured, importance of the PESTEL analysis of plus500 and used PESTEL framework toanalysis the external environment of the company.TASK 1Examine how your chosen company is governed and structured.Plus500 is an international financial company deals with the online trading services. It isa public limited company. It is one of online trading industry of the UK. Pluss500 company wasfounded in 2008, Android based trading platform was introduced in 2012 by Pluss500 companyfor the android gadgets, its headquarter are based in Israel. Pluss500 company subsidiaries are inUK, Cyprus, Australia, Bulgaria and Singapore. Pluss500 introduced web-based version in 2010,In 2011 pluss500 introduced their first app for the apple users, pluss500 introduced theirwindows app in 2014, including German, Greek, Italian and many more pluss500 apps aresupported in 32 language, it is analysis that approx. 40% transaction are done with the smartphones or tablets,Alon Gonen, Gal Haber, Elad Ben -Izhak, Shimon Sofer are the founder of the Pluss500. Thecompany has the functional and hierarchical organizational structure, the company is regulatedand authorized by the financial conduct authority, the Australian Securities and InvestmentCommission, the Cyprus securities and exchange commission, monetary authority of Singapore,and the Israel securities authority. The company is governed by the board of directors PenelopeJudd, Charles Fairbairn, Daniel king, Steven Baldwin are the director of the pluss500, these allare the independent non-executive director of company, Charles Fairbairn is the senior1
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