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(PDF) Environmental Factors Affecting Business

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Added on  2020-10-22

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The report highlights the macro issues which affect the business environment of Barclays bank. It explains these key issues at the micro-level. It also explains that how economical, technological, political, and environmental factors affect the business environment. It highlights the major challenges that arise at the time of research and it also provides the ways to overcome these challenges.Report provides a brief of external and internal factor which influence the business environment. You can also check "Internal and External Analysis of BARCLAYS" where you will know information technology used by Barclays.

(PDF) Environmental Factors Affecting Business

   Added on 2020-10-22

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Key Issues In The BusinessEnvironment
(PDF) Environmental Factors Affecting Business_1
indexINTRODUCTION...........................................................................................................................31. Macro issues which affect the business environment.............................................................42. The impact of Technological and Economic factors at micro level:.......................................73. Challenges faced during the research and the possible ways to overcome the challenges.....9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
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INTRODUCTIONBusiness environment are the combination of external and internal factor which influence thecompany operating situation. The factor of business environment are suppliers, competitors,technology, government rules and regulation and economic trends.Barclays is business and consumer bank in UK. They provide transactional, lending, investmentproduct and services to their customer. It serves customer worldwide. The report highlights the macro issues which affect the business environment of Barclays bank.It explains this key issues at micro level. It also explains that how economical, technological,political and environmental factor affect the business environment. It highlights the majorchallenges arise at the time of research and it also provides the ways to overcome this challenges.The report provides a brief of external and internal factor which influence the businessenvironment.3
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1. Macro issues which affect the business environmentBarclays plc is multinational investment bank and financial service company. It also works withother business like personal banking, corporate banking, wealth management and investmentmanagement. PESTLE analysis of Barclays bankPESTLE analysis is the best tool to cover all the major issues which affect the businessenvironment of Barclays bank. It helps to analyse the current situation of market and itscompetitor.The government laws, rules and regulation, political changes, environmental changes, socialnorms affect the business environment both directly or indirectly (Besley 2015).Political factor : It involves the government stability and political threats in a country. Itincludes :Government rules and regulationsPolitical instabilityTaxTariffs etc.Impact of political factor : The government rules highly affect the operating system of Barclaysbank. The bank has to follow the rules because it spread worldwide. Barclays has to accept theregulation and to apply in the bank to conduct its business effectively. The tax tariff can affectthe inflow of capital in the country and affect the firm productivity and profit. Political stabilityis beneficial for the bank. It influences bank to improve their sustainability.Economical factor : It includes the factors such as :Inflation rate Exchange rate Interest rate TaxConsumer expending behaviourSaving rateImpact of economical factor : Increasing the rate of unemployment, high tax rate, lowdisposable income decrease the credit worthiness and borrowing capacity of customer ofBarclays bank. Increasing the inflation rate also affect the business environment4
(PDF) Environmental Factors Affecting Business_4

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