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BUSINESS ENVIRONMENT INTRODUCTION I: Introduction

   

Added on  2020-06-06

16 Pages4681 Words360 Views
BUSINESSENVIRONMENT

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P 1. 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 functions and its objectives............................5TASK 3............................................................................................................................................7P 4. Negative and Positive impact macro environment business operations:.......................7TASK 4............................................................................................................................................9P 5. Internal and external analysis of BARCLAYS.:.............................................................9P 6. Interrelation of strengths and weaknesses.....................................................................10CONCLUSION..............................................................................................................................11REFERENCES .............................................................................................................................13

INTRODUCTIONIt is essential for every firm` tounderstand the condition and environment in which theyare operating businesses.It determine that different elements exists in a environment utiliseto provide a wast level of influence on entire aspects connected with the units of the firm and itsnature, price of goods, management, positioning and standards and so on. Hence, it is true thatdevelopment and success of the business in relays on adoption of environment of business. Inwhich they are operating (Cantwell and et. al., 2010). factors affecting element external andinternal are not is control of the company and comes as a problem and utilise to hinder theiroperation and actions. Such of factors are user, government, workers, technology, social groupand much more. Due to these factors the decision making of firm is affected. The presentreport project is grounded on BARCLAYS .In this project different kinds of firms along withtheir operation is going to be represented. Apart for it, discourse is also be completed ontheir various context such as size, scope and legal structure. In addition to it, for determine theimpact of macro as well as micro conditions, swot and pestle evaluation has been conductedeffectively. TASK 1P 1. Different types of enterprises and their purposesOn the grounds of the size and purposes, company are divided into three divisions whichare private, public and voluntary. These all are differ form each other that can be determine bybelow enlisted points:Public sector : organization and company that are operating as or handled by the bodies ofgovernment are falls into this segment. Such kind of firm has been manufacturing services andproduct for the citizen at the lower price so that each and every division of the society either it isrich or rich takes profits of all of these services. In the United Kingdom there are different sort ofpublic sector industries. BARCLAYS is an multinational bank that are providing services related to the finance and banking of the national citizen of the UK. Its profitability is recorded as nearly £3.230 billion and has create more profits of approx.£2.828 billion in the year of 2016. the headquarter of the BARCLAYS bank is located in the London, United Kingdom and also 1

propounded or established on 17th November 1690 in the metropolis of London (Carroll and Shabana 2010). Purpose :The main aim of this firm is to provide services to common person because they canbe able to survive without hurdle in the nation. It is noted that they are not enthusiasticallyinterested in creating larger or higher sum of benefits like of private organisations. Legal structure – the management of public sector firm is different and separated on the basis ofsuch specified locations like as, central government, local authorities, sate government and a lotmore that are enlisted below:Central government has all of administrative and management sector of particular stateand other unit of centres whose responsibility is to determine the whole of region of thenation, apart form the body of government of social protection fund. "State government" is determine as the isolated firms division which is utilised to practisedifferent functioning of the government under such units that determine the level ofcentral government and are recognised as major and above those entities which are existsat the leave of local government. "Local government" it involves every sort of public government authority that are havingthe responsibility in order to guard localised portion of the economical location, differform domestic body of the social security funds. Private sector : This kind of enterprise is completely owned by the individual and single entityor person and group. There is no role of the governmental authorities hence government is nothaving the right to use their control over their commercial functions or activities. Domino's pizza would be the best and prominent example of the sited sector. It is anAmerican restaurant chain that offers pizzas and different kind of consumable item. It wasfounded in the year of 1960 and having headquarter that is located in the Ann Arbor, Michigan inUnited State. On the bases of a survey, it has been shows that nearly 14100 employees wereexists in the venture- owned stores and office. At the very same period around 29000 workforceis presented in the relative company'sin the year of the 2017. They have benefits approx.US$ 214.68 million in same time period. Purpose : The importance of this essential qualitiesand foremost intention of the firm is toprovide different kinds of foods items such as pasta, pizza, Submarine sandwiches, ChickenWings, Dessert and much more. To their future and current consumers as very lower and pocket2

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