Business Environment Analysis: Barclays, HND Business, Term 1

This report provides a comprehensive analysis of Barclays' business environment, examining various organizational types, including public, private, and voluntary sectors, along with their legal structures. The report delves into the scope, size, and range of different firm types, such as sole traders, partnerships, and limited companies, while also identifying key stakeholders. Furthermore, it explores the relationship between various organizational functions and their alignment with business objectives. The analysis incorporates PESTLE and SWOT analyses to assess the macro and micro environments impacting Barclays. The report highlights the importance of understanding the business environment for organizational success and decision-making.

BUSINESS
ENVIRONMENT

INTRODUCTION
It is essential for all company to understand about their surroundings wherein they are
running their commercial actions. This has been recognised that different factors are present in a
business environs and used to give a huge effect on overall facets associated with unit of a
corporation, cost of merchandises, its position, arrangement, regulations, etc. Therefore, it would
be stated that development and success of an enterprise depends on acceptance of business
environs in which it operates (Iskanius and et. al., 2010). This includes external and internal
factor that are beyond control of every firm & comes as a obstructors and used to hinder their
functionalities. Such components are workers, users, government, suppliers, technology , social
group and many more. These elements is impacting a lot on process of taking decisions of
corporation in both ways directly and indirectly. The current project is designed on the basis of
BARCLAYS . Working of various types of organisation is going to be described in this
assignment. Apart from this, discussion will also be done on their different aspects like size,
ranges and legitimate structures. Additionally, for identifying the impacts of macro as well as
micro environment, pestle and swot analysis has been carried on respectively.
TASK 1
P 1. Several types of venture and their intention
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Public sector : Each of those firms which is run as well as control by government body used to
fall under this category. Such companies has been manufacturing products and services for the
civilians at cheaper rate so that each and every section of social group whether they are wealthy
or poor take benefits of products and facilities offered by them. In United Kingdom, there are
various public sectors ventures.
BARCLAYS is a public based bank which are offering services related to banking and finance to
the citizens of UK. Its operating revenue is recorded as approx. £3.230 billion and has made a
profit of around £2.828 billion in the year of 2016. Its headquarter is situated in London, United
Kingdom and was founded on 17th November 1690 in the city of London.
 Barclays Purpose : The main aim of this enterprise is serve common people so that they
can survive easily in country. It is to be noted that they are not keen interested in making
large sum of profitability like those of private corporations. The main purpose of these
kind or company are to provide employment and do social work fro the society such as
CSR activities etc.
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Legal structure – The administration of public sector company is separated on the ground of
respective areas such as local authorities, central governance, state government, etc. the which is
stated below :
 "Central governing system" includes of all administrative divisions of specific state and
other central units. Their obligation is to cover the entire region of a nation, excluding
the governing body of societal security funds.
 "State government" refers as an isolated institutional sector which is used to exercise
several government functions. It is to be noted that those bodies that comes under central
government are having more power and duties which are present at local governance
level.
 "Local government" includes of each kind of public governing body which has having
the duty to cover only a localised portion of the economic area, isolated from local
authorities of social security funds.
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Domino's pizza is considered as one of good instance of private sector firm. It is an American
pizza restaurant chain which was established in 1960. Its headquarter is situated at Ann Arbor,
Michigan in United State. From a survey, it has been founded that around 14100 work – forces
were present in enterprise – owned offices and stores. At the same time, approx. 29000 workers
were existing in its franchises in the yearn of 2017. They are earning nearly US$ 214.68 million
in identical time period.
Purpose : The primary aim of this company is to offer several types of food materials like Pizza,
Pasta, Chicken wings, Submarine sandwiches, Dessert, etc. to their potential consumers at
affordable prices in comparison to others. They wish to expand their business in all over the
world and earn high sum of profit from the same action. The main purpose of these organisation
are to earn profit
Legal structure : The licit model of private sphere firms has been grouped into various section
like limited companies, partnerships , sole traders and dealership or franchise.
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 Partnership – These are the type of business which is basically formed by two or more
individuals for the accomplishment of their target objectives and goals. For this business
pattern, they both are sharing equal liability, risk and profit as well. The profit and los has
been decided equally between each employee or on the basis of their capital.
 Sole propritors – These kind of businesses are basically set up by an individual. Their
main objectives is to getting desired growth. For this, they creates targt strategy to
surviving in target market.
 Limited companies – In these companies liability of employees has been determine as
limited. These organisations have separate legal entity by their owners.
Voluntary sector : This sector is variant from both of private & public since having some
different goals in relation to those. These involves all companies in which group of individuals
named as volunteers take part in providing social services to citizens of UK for accomplishing
particular social purposes. They try to decrease the issues of common people and provide them
basic services like food, water , clothes, shelter, care and many more to needy person. Oxfam is
treated as an example of this voluntary division.
Purpose : The primary motive of such ventures is to meet economical as well as social
requirements of whole communities of a country but particularly to weaker section. The main
purpose of these enterprises are to provide employment to the people and maintain their living
standard.
Lawful structure : Board of director is considered as committee member of this kind type of
association who are consisting the power of taking all significant decisions. They also set up
structure of operative activities. Volunteers are those personnel who generally obey as well as
abide the paths directed by participated committee associates.
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P 2. Scope, size & range of various types of firm
The scope and size of different types of private corporates are described as follows :
Sole traders : These kind of ventures is operated by single person comprising of liabilities
associated with taking care of their all hazards which are linked with commercial activities.
Scope : This main scope of such type of enterpriser is to earn or generate high sum of
money from their investment for enlarging already existed branches.
Size : This is midget in context of sizing and comprises of minimal number of store or
outlets.
Partnership : It is that type of business which is being run by more than one partner and
common sharing of work loads, profits as well as losses are done in this scenario.
Scope : Members or partners believe in making high profitability and distributing the
similar in each of the individuals.
Size : It is of medium size since dominated by more than one owner.
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Stakeholders affiliated with the organisation – The key stakeholder associated with the private
organisations are following : -
Worker – They are having the duty to perform appropriately for accomplishing day – to - day
assigned chores. Accomplishment of tasks may need an effectual group and thus workers should
have impressive interpersonal abilities. Employees have to be aware about the regulations and
norms of their company.
Consumers - They help firms in determining about their products and services to be
manufactured on the basis of their requests. They also aids Barclays in identifying about
dynamical tendency of contemporary marketplace and hence they can ready themselves for
upcoming needs and requirements of civilians.
Owner - Heads of company provide assets that are necessary for commerce in order to operate
it in efficient style. These involves the occupation of personnels, recognising appropriate
premises and obtaining machines, equipments and raw commodities as well.
Public sector's corporation size and scope : As these firms are regulated by legal bodies, so
their sizes quite larger. For instance, Barclays is a British international bank having around
119,300 workers in the year of 2018. They are operating in more than forty nations. The primal
scope of this venture is to serve large population of country in order to improve their living
standards.
Stakeholder of public sector venture are -
Government - It is used to regulate business affiliated actions in order to support consumers.
Governing bureau is assuring the product's regulations and norms too which is fit or appropriate
to affirm the security of customers’ fundamental right.
Society - The societal group usually used to set out business actions in correct path by making
them intended about their impacts on people surviving in a society. They used to write
applications to specific enterprise and different associate of media and try to express their
feelings with the assistance of them.
Voluntary sector's scope and size : This is also named as charitable associations which are also
of moderate sizes. Where as this is not compulsory, it would be small or large in few situation.
For example, Oxfam is a famous NGO that comprises of roughly 51 stores and employing
around more than 3000 staffs who are helping to aged, misfortunate and those child who are not
having guardian to feed them.
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