Tapping into New and International Markets

Tapping into New and
International Markets

Table of Contents
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
Introduction to the chosen country and region and explain the global environment in which
small and entrepreneurial businesses operate..............................................................................3
An analysis of the global business environment and the influence of key global drivers
specifically in relation to the chosen country..............................................................................4
Discuss the rationale for SMEs to expand their business internationally....................................4
Critically evaluate how SMEs can take advantage of the international opportunities and
overcome barriers for global growth............................................................................................5
Explain trading blocs and agreements and examine the advantages of specific trading
agreements that would have a direct significance for your region and country..........................5
Explain the various tariff and non-tariff barriers that exist in the international trading
environment.................................................................................................................................6
Evaluate how international trading blocs and agreements stimulate and generate global growth
for SMEs......................................................................................................................................6
PART 2............................................................................................................................................6
Covered in brochure.....................................................................................................................6
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
Trading overseas refers to the activity by which goods as well as services are transported
from one country to the other which are miles apart and separated from one's territory by the sea.
It helps the company to exploit the opportunity by effectively tapping into new international
market and cover the area successfully in order to enhance growth and development opportunity.
Trading usually involve the import as well as export practices in order to accommodate the needs
of potential market effectively (Cantwell, 2013). The prime aim of this report is to significantly
understand the global or external environment as business operate in dynamic environment so it
explore the external opportunity and overcoming the chances of threats. For better understanding
and to attain the particular aim Barclays organisation has been selected whose headquarter is in
United Kingdom. It basically offer the financial services in terms of corporate banking, personal
banking facility, wealth management as well as investment. To prepare the webpages content for
company United Kingdom region has been selected under which the global environment is
analysed where the small and medium business incorporate its functioning. This report cover
topics like analysis of opportunity as well threat in global business environment of UK. Along
with that it include benefits associated with the agreement of international trading including
various tariff as well as non non tariff barriers for Barclays organisation.
PART 1
Introduction to the chosen country and region and explain the global environment in which small
and entrepreneurial businesses operate
Barclays organization has selected the United Kingdom region where it identity the
opportunity as well as threat in order to carry out the functioning of small businesses. UK is the
part of Europe region that is the civilized country and is sixth largest economy that promote the
small and medium business in order to maintain the enhanced living standard of people. Even
local authorities provide subsidies to the small business because they help to maintain the
economic growth of country by making enormous contribution to raise GDP. So due to the stable
political conditions, favorable laws as well as immense government support has laid sharp
growth within service sector (Filippov and Duysters, 2011). Additionally, it has roughly
contributed 80% in the gross domestic product where most of the organization are small and
based on innovative start up. In case of the chances of any turbulence these small and medium