logo

Business Environment of Barclays - Report

   

Added on  2020-07-23

19 Pages5613 Words43 Views
BUSINESSENVIRONMENT

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Different types of enterprises and their purposes.............................................................1P 2. Scope and size of range of various types of firm............................................................3TASK 2............................................................................................................................................5P 3. Relation between several organisational functionalities and their linkage with itsobjectives................................................................................................................................5P 4. Negative and Positive influences of macro environment on commercial operations.....7TASK 4............................................................................................................................................8P 5. Internal and external analysis of BARCLAYS for identifying its strength and weakness..8P 6. Interrelation of strengths and weaknesses with exterior macro elements.......................9CONCLUSION..............................................................................................................................10REFERENCES .............................................................................................................................12

INTRODUCTIONBusiness environment is a study of external and internal factors for understanding thechanges that is incurred at marketplace. Their main motive is to design organizational policies asper the fluctuation in several elements that have a major impact on company success(Chow andet. al., 2011). It can be said that development and success of a business is majorly relays on theselection of business environment in which they supposed to operate. This involves internal andexternal elements that are not the controllable to every company and comes as a resister and usedto prevent their functionalities. Some of the factors are user, employees, suppliers, governments,technology, social group and so on. All these components are imposed on more of process ofdecision making in the firm in both direct as well as indirect manner. The current report is basedon BARCLAYS for understanding the changes which is encountered by banking sector whilemanaging their business operations. In this report project, different kinds of firms along withtheir operations are going to be detailed. Further, discussion will be imposed on their variouscontexts such as scope, size and legal structure. More over to it for visualize the effects of macroas well as micro environment, swot and pestle evaluation is also framed in this project. TASK 1P1. Different types of enterprises and their purposesOn the grounds of purpose and size, company are fall down in to major three divisionswhich are known as public, private and voluntary. All of these are differ from each other that canbe understand through detailed point. Public sector: All those companies that are operated as well as controlled by thegovernment authorities are comes under this division. Basically, these kinds of firms aredesigning and manufacturing the services for their local or domestic persons at very less orliberal rate. As their main objective is to facilitate every section of the society with qualitativegoods as well as provide basic needs for making their life more easy. However, in UnitedKingdom there are various kinds of public associations are identified at marketplace(Commander and Svejnar, 2011).BARCLAYS is a public sector bank which engaged in providing services related tobanking operations. Along with that, they provide different kinds of financial services to thecitizens of UK. Barclays's is working revenue is recorded as nearly £3.230 billion and frame1

profit of approx. £2.828 billion in the comparison of year of 2016. The bank's headquarter islocated in London SS, United Kingdom and established in around 17th of NOVEMBER 1690 inthe city of London. Purpose:First or foremost motive of Barclays bank is to serve common people byoffering best financial opportunities. It is also understood that they are not very interested inhaving a large sum of profit like others or private firms. Legal structure: The management of public division is also segmented in the context ofrelevant areas such as central governance, local bodies and state government. That are detailed asfollows :“Central government” is a political body which is liable for governing entire nation andmanaging every sector of corporate world. Basically, this advisory body is paying forpublic goods and merit goods via taxation such as; income tax. "State government" is a separate division sector which is ruled as per state that is used topractise different governmental functions that comes under the level of centralgovernment and are reasoned as the unit that exist at the local level of government(Drucker 2017). "Local government" is consist of different types of public body governance that arehaving various obligation to cover only a general portion of the economic location,which are separated from local bodies of the social security money. Private sector: Another name of these association are profitable because private sectorsoperates for the profit. Basically, in these kind of firms are not operated and owned by thegovernment. Private division are entirely owned by a single person who is liable for all the profitand losses. Basically, private sector is classified into various sections such as; sole trader,partnership, limited company and so on. All these associations are distinct in nature, size, scopeand motives Burger king would be a best example in the context of private sector. It is an Americanglobal chain of hamburger fast food restaurants by having its headquartered located in Miami,Florida.Mainly, firm was established in around 1953 as InstaBurger. Form the survey, it issearched that nearly 34,248 employees are working in entire firm, owned store and office. On theother hand, it has been assessed that around 25000 workers are existing in their dealership in theyear of 2017. They are having around US$4.05 billion in the aforesaid time frame. 2

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
BUSINESS ENVIRONMENT INTRODUCTION I: Introduction
|16
|4681
|360

Business and Business Environment Assignment - Barclays
|15
|5176
|80

Business Environment of Barclays : Project
|25
|5689
|65

Kinds of Organisations and their Purpose : Business Report
|18
|5218
|80

Business Environment Report - BARCLAYS
|19
|5472
|65

Business and Business Environment - Doc
|16
|4951
|42