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Tapping into New and International Markets

   

Added on  2023-01-13

10 Pages2441 Words95 Views
Political Science
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Tapping into New and
International Markets
Tapping into New and International Markets_1

Table of Contents
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
P1 Explanation about international business environment in which SME operate their business
.....................................................................................................................................................3
P2 To analyse threats and opportunities which are faced by SME in competitive business
environment.................................................................................................................................4
P3 Advantages of international trading blocs and agreements...................................................5
P4 Barriers that impacts on operations of an organisation..........................................................6
PART 2............................................................................................................................................7
Covered in brochure....................................................................................................................7
CONCLUSION ...............................................................................................................................8
REFERENCES................................................................................................................................9
Tapping into New and International Markets_2

INTRODUCTION
Trading overseas can be defined as a practice to enter into an untapped market with an
aim of developing and growing the enterprise operations at global level. The concept of
international market demonstrate those efforts that are developed by organisation for importing
and exporting products across international borders. The main motive of this report is to interpret
international market situations to analyse upcoming opportunities and threats in market. The
existing report is composed from point view of Barclays which is performing financial
operations with aim of becoming top leading finance company in market as well as industry
(Fang, 2016). Moreover, this report highlights on contents of webpage and selected country for
this report is United Kingdom and the analyse of SME is done from perspective of Europe
region. In the last, this report highlights on global business environment of UK along with their
threats and opportunities for analysing the benefits of international business.
PART 1
P1 Explanation about international business environment in which SME operate their business
Europe is one of the developed country among all over the world but as per existing
market conditions due to global economic changes such as turmoil, brexit etc. are impacting on
business and its operations. The government and top authorities of organisation in context of UK
are open for adopting new business due to flexible policies, procedures and framework are
formulated for SME. This results new business perform their operations in effective manner as
per rules and regulations of country due to which it work as backbone for country. This refers
small business enhances GDP of country and also generates more employment in country. So
with private sector current economy of country is at six place. It results UK economy is one of
financial centre among all over the world with the support of SME as it enhances production as
well as services for UK residents which increases monetary flow in country.
SME refers to those organisation which are operating their business at medium and small
level due to which its operations are performed in few regions. From the perspective of UK,
small business refers to those companies which employed maximum 50 employees with a
turnover of 10 million pounds (Guimón, 2011). Similarly, medium organisation consider 250
employees for performing their operations that assist them to generate and manage a turnover of
50 million pounds. In the present scenario, most of the companies are focused towards enhancing
Tapping into New and International Markets_3

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