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Analyzing the External Environment of Man Group plc

   

Added on  2023-01-12

10 Pages3080 Words69 Views
Business Environment
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Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Examination of Man group plc is governed and structured........................................................3
TASK 2............................................................................................................................................6
Evaluation of the importance of carrying out PESTEL Analysis of Man group plc..................6
TASK 3............................................................................................................................................7
Using the PESTEL Framework to analyse the external environment of Man Group plc...........7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
Business environment can be defined collection of different external and internal
elements, which impacts in both on a company in both positive and negative manner. It is the
responsibility of a business company to keep on conducting analysis on these elements of
business environment so that needs and expectations of customers could effectively be fulfilled
right on time (Bah and Fang, 2015). It is mandatory for every single business company to keep
on hitting their targets and this can be performed through looking among different aspects.
Through measuring all these areas, it is said that supply and demand process within the sector of
different products and services offered by the business organisation could effectively be
managed. Under this report, Man Group Plc has been taken into consideration where, its
structure and evaluation of the importance of carrying out PESTEL Analysis as well. Also, report
will put light on PESTEL Framework to analyse the external environment of Man Group plc.
TASK 1
Examination of Man group plc is governed and structured
Background of Man Group plc:
Man Group plc is the financial services organisation, which was found in the year of
1783 and performing number of activities within the active management business system. At
initial level, this company was serving as a brokerage and sugar cooperage where James Man
(founder) has effectively taken into consideration. It gives a scope of assets to institutional and
private speculators all inclusive and is the world's biggest traded within an open market support
investments company (Belás and et. al., 2015).
This where, it was revealed that $117.7 billion in assets under administration as of
December 2019. On the other hand, if it is talked about headquartered at Riverbank House in
London and utilizes more than 1,000 individuals in different areas around the world. The
organization was a supporter of expressions of the human experience and beneficent activities,
including the Man Booker Prize.
On the other hand, if it is talked about the strategical business environment, company has
made various objectives into consideration and some of these has given high range of benefits to
the business organisation. In present context, Luke Ellis, who was the CEO of Man Group plc
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