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Business Environment in UK - Assignment

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Added on  2021-01-01

Business Environment in UK - Assignment

   Added on 2021-01-01

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Business Environment in UK - Assignment_1
Table of ContentsIntroduction.....................................................................................................................................3Task..................................................................................................................................................41. The macro issues which affect the business environment of the banking sector-...................42. Impact of technological and economical factor at micro level in Banking sub-sector...........93. Different challenges and the ways to overcome them..........................................................11Conclusion.....................................................................................................................................12Reference.......................................................................................................................................13
Business Environment in UK - Assignment_2
IntroductionBusiness environment refer to all the internal and external factors which affect the working of the business such as clients, suppliers, customers, owners, improvement in technology, laws, andvarious government activities, social and economic factors.The study attempt to give a conceptual framework for the internal and external factors that affects the business environment. The work environment of a banking sector can be affected due to various macro issues the study explains the various macro factors with the use of PESTEL andthe study also shows the ways by which the various macro issues such as political, Legal and other external issues can be handled (Hamilton 2018.).
Business Environment in UK - Assignment_3
Task1. The macro issues which affect the business environment of the banking sector-HSBC plc. Is a multinational bank holding 7th position in the world largest bank list having totalassets of about US$ 2.558 trillion. It works in four groups i.e., commercial banking, globalbanking, retail banking and wealth management, and global private banking.PESTEL analysis of the HSBC bank:The PESTEL analysis will cover all the macro issues such as political, economic, social,technological, economic, and legal factors. PESTEL analysis is a strategic management toolwhich is used by the marketers to analyse the current situation of the market. It can be used bythe managers of HSBC to identify the various macro issues which affects the HSBC.The change in technology, government law, regulatory framework, and consumer spendingframework can affect the working of the banking sector as this factors can directly or indirectlyaffect the banks. i) Political factors :Political factors such as Change in government policiesDiscrimination lawEnvironment lawTariffsBureaucracyAnti trust lawTaxRegulation and deregulation.
Business Environment in UK - Assignment_4

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