Script Unit 1 Business and The Business Environment 032021

Unit 1 Business and the Business Environment
Student Name- Maksuda Akter Khan
ID Number- SSS/CBC/0220/139
Slide 1
A macro environment is the condition that exists in the economy as a whole, rather than in a
particular sector or region. In general, the macro environment includes trends in the gross
domestic product (GDP), inflation, employment, spending, and monetary and fiscal policy.
The macro-environment is closely linked to the general business cycle opposed to the
performance of an individual business sector.
Slide 2
PESTLE analysis is one of the most common analytics tools.
The analysis completely on Virgin Money UK, which operates UK, Australia and South
Africa as a recognized bank.
Slide 3
As an internationally recognized bank different laws, regulations and regulations require

companies to recognize these laws and apply them efficiently and economically. Various
strategies to protect them from government sanctions and restrictions on their position.
Slide 4
Virgin Money has seen significant increase in economic factors such as the Virgin Islands
and global stock markets (Crane & Matten, 2016).
Therefore, the President ordered his company to make economic changes to develop its
development and activities. This helps them solve the 2008 financial crisis.
Slide 5
To succeed in business, they often tried to satisfy their customers. This can be done for a
specific purpose - to change lifestyles by changing consumer needs.
Slide 6
Virgin Money has developed a capability based on cyber-attack protection. They have taken
steps to protect customer data by providing a dedicated management team to improve their
performance.
Slide 7
They focus on reducing the carbon footprint, thus improving the development that enhances
their technologies, increasing sustainable participation and collaboration in the supply chain.
Slide 8
Limited to a several of rules and regulations, the company focuses on receiving down
payment insurance to avoid unwanted ads in the future. In addition, they have adopted FCA
legislation to address PPI requirements and further improve their operations. (Besley, 2015).
Slide 9
SWOT Analysis use for to make the most of what you've got, to your organization's best
advantage. And you can reduce the chances of failure, by understanding what you're lacking,
and eliminating hazards that would otherwise catch you unawares.
Slide 10
They did Master of valuable products for building.
They offer a variety of customer options.
They have an efficient and effective management system which helps them make decisions
efficiently.
They consist of reasonable reliability and transparency, and therefore develop relationships
with customers. (Rostamkalaei and Freel, 2016).
Slide 11
They became rulers, and their resurrection was of paramount importance condition.
These include low management levels and weak spreadsheets
The company remains behind the modern technology revolution, which could result in a
shortage of workers and investment in the Internet.
They also have successful investments that limit their growth potential.
Slide 12
They offer old services by updating, enhancing their capabilities or creating new ones.
They have been able to reduce operating costs by implementing effective strategies.
The company is gradually expanding its subsidiaries to developing countries such as South
Africa.
They are implementing new promotions to attract new customers and increase online
financial users by achieving their goals (Bendell, 2017).
Slide 13
The existence of global competition
Growing financial crime
The presence of major competitors in the UK financial sector and the involvement of other
financial institutions such as HSBC.
The spread of Lombard stores has boosted credit growth.
Investments that have influenced decision making to achieve the company's growth and
future goals have great potential for failure.
Reference
Scheer, A.W., 2012. Business process engineering: reference models for industrial
enterprises. Springer Science & Business Media.
Anandarajan, M., Anandarajan, A. and Srinivasan, C.A. eds., 2012. Business intelligence
techniques: a perspective from accounting and finance. Springer Science & Business Media.
Sørensen, H.E., 2012. Business Development: a market-oriented perspective. John Wiley &
Sons Ltd.
Craig, T. and Campbell, D., 2012. Organisations and the business environment.Routledge.
Tayur, S., Ganeshan, R. and Magazine, M. eds., 2012. Quantitative models for supply chain
management (Vol. 17). Springer Science & Business Media.
Werbach, K. and Hunter, D., 2012. For the win: How game thinking can revolutionize your
business. Wharton Digital Press.
Baron, P. (2012). Business and its Environment. 7th Ed. London: Prentice Hall.Begg, D.,
(2013), Foundations of Economics, 5th ed., McGraw-Hill Higher Education.Daniels, J.D.,
Radebaugh, L.H. and Sullivan, J.H., (2012), International Business Environmentsand
Operations, 14th International ed., Prentice Hall, London.Palmer, A. and Hartley, B. (2011).
The Business Environment. 7th Ed. Maidenhead: McGraw-Hill.Mullins, L.J. (2014).
Management & Organizational Behavior 9th Edition, Harlow: PearsonEducation Ltd.
Sharma, P., Chrisman, J.J. and Chua, J.H. eds., 2012. A review and annotated bibliography
of family business studies.Springer Science & Business Media.
Zairi, M., 2012. Measuring performance for business results. Springer Science & Business
Media.

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Unit 1 Business and the Business Environment

Student Name- Maksuda Akter Khan

PESTLE analysis is one of the most common analytics tools.

As an internationally recognized bank different laws, regulations and regulations require

They did Master of valuable products for building.

They offer a variety of customer options.

These include low management levels and weak spreadsheets

The existence of global competition

Growing financial crime

The spread of Lombard stores has boosted credit growth.

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