project

Tapping into New
and International
Markets

Table of Contents
INTRODUCTION......................................................................................................................3
MAIN BODY.............................................................................................................................3
TASK1.......................................................................................................................................3
Explain the global business environment in which small and entrepreneurial businesses
operate....................................................................................................................................3
Analyse the threats and opportunities that face SMEs in an increasingly competitive global
environment............................................................................................................................4
TASK2.......................................................................................................................................6
Determine and analyse the advantages of international trading blocs and agreements.........6
Explain the various tariff and non-tariff barriers that exist in the international trading
environment............................................................................................................................7
TASK3.......................................................................................................................................8
Determine the advantages and disadvantages of importing and exporting and how to secure
a deal......................................................................................................................................8
Explain the differences between merchandise and service imports and exports.................10
TASK4.....................................................................................................................................10
Evaluate the various methods in which SMEs can tap into international markets..............10
Compare and contrast the various ways SMEs can tap into international markets, assessing
the pros and cons of each method........................................................................................11
CONCLUSION........................................................................................................................13
REFERENCES.........................................................................................................................13
Books and journals...............................................................................................................13

INTRODUCTION
International markets are changing continuously which also bring number of
opportunities in front of SMEs where we can perform properly by offering their products to
customers for satisfying their needs and wants (Trudeau and McLarney, 2017). Because of
continuous expansion within international marketing concepts it is important for SMEs to
identify and perform different functions for their growth and development. In this report there
will be discussion about the Barclays in the UK. In The task, there is explanation about the
global business environment and condition of small scale business.it also analyse the threats
and opportunity which are faced by Barclays in this global competitive environment
(Wadhwa, McCormick and Musteen, 2017). The task is consisting of determination analysis
about the advantage of international trading blocs and agreements. There is also discussion
about various tariff and non-tariff barriers with in the international market. In task 3, there is
discussion about different advantages and disadvantages of importing and exporting and that
difference between and dies and services of import and export. In task4 four there is
evaluation of various methods which can be face by Barclays to tap the international market.
About comparison and contrast between various and their pros and cons.
MAIN BODY
TASK1
Explain the global business environment in which small and entrepreneurial businesses
operate.
Global business environment
Global business environment can be said as the environment around the business
organisation within the global world where there is trade of goods and services, sharing of
technology and innovation and many more. This is an environment where different
businesses are trading and earning profit at global level. The concept of Barclays is
continuously growing in the global business environment this is because there are various
opportunities within this environment which help the Barclays to grow. There are various
changes within the government policies regarding Barclays which help them in fulfilling their
objectives as well as growing their business without hurdles. UK business environment is
also supporting Barclays because these industries contribute major part in the economy and
GDP of UK. According to data presented by world trade organisation, Barclays are important
part of global business environment because they are contributing more than 30% within the

overall trade of businesses. This is showing that small scale becoming an important part
within the global business environment. There are various political movements like BREXIT
or policies for Barclays help them to grow their business (Horn, 2016).
Ways to go international
 For example BREXIT referendum in UK help different Barclays as by changing
policies after the BREXIT there will be more rebates in taxes and other benefits to
Barclays within UK.
 This is because British government have to boost their economy as well as increased
there GDP growth after exiting from European Union.
 This will work as an economy booster for Britain because we have to boost their
economy for fulfilling the needs of peoples within whole UK.
 For this UK government have to formulate different policies which also impact the
business of Barclays in positive manner.
 Government will boost all these industry for increasing their economic conditions and
making them favourable to go within the global business environment.
This will also support the global business environment as changing policies can
attract different customers at global level as well as also attract different countries to change
their policies for increasing the contribution of Barclays within their economy. Global
business environment Barclays is known for job provider because they provide employment
to number of employees within the economy. This also makes them useful for global business
environment (Adeola, Boso and Evans, 2018).
Analyse the threats and opportunities that face SMEs in an increasingly competitive global
environment.
There are various challenges as well as opportunities in front of Barclays in global
business world this is because in global business world there are number of industries rules
regulations and policies which have to be followed by Barclays to perform their business
activities. Some of the threats and opportunities are mentioned below:
SWOT analysis
Is that Framework with your brother organisation to identify strengths weaknesses of
opportunities and set within the micro environment of the organisation where it can take