Based on the products offered by Barclays most of the customers seem to be getting what they envisioned while contracting the services offered by Barclays. Though the profits have dipped, the continued increase in the number of customers to approximately 48 million worldwide, is a major indicator of a firm offering value for their client’s money. Rarity is another way to evaluate the strength of the strategy. With the growing financial market and increased spending on research, many competitors, have found methods to be at par with institutions like Barclays in technology and management. In products provided, there is no unique product setting Barclays apart from the rest.
According to Lacity et.al (2012), the Barclays also uses disclosure which is an opportunity for companies to share with regulators and other stakeholders the actions taken by the company to manage change climate. Unless a company clearly states that carries out specific activities, stakeholders, including investors and customers, cannot assume that it is performing such activities. For this reason, the quality of the disclosure is an important indicator of actions being undertaken by companies and of its intention to share benefits of such actions with stakeholders external to the company. Barclays has grown to where it is today: a global financial company with a network of subsidiaries and offices that employ 150,000 staffs who provide services
• Though profitable, slower growth in sales • Strong brand awareness • Share market with recognized competitors Value chain analysis is one of the fundamental elements of chain analysis. In order to analyze the environmental aspects of Costco, PEST analysis will be used. The PEST analysis covers the analysis of Political, Economic, Social, Technological environments of a country with reference to a specific object. The Costco Warehouse Corporation’s PEST analysis as follows: Political Costco Wholesale Corporation’s business practices get influenced by the political environments of the host and the home countries where it carry outs its business. The company is providing high wage rate to its workers as a result of its agreement with the union bars and it has set different standards for its workers in its stores in spite of the political policies of a country.
PEST The environment we live now are not very stable. PEST analysis is one of the most popular management method in differentiate the external factors that affect the organization. PEST is stands for Political, Environment, Social and also Technology. These factors are the most important tool to analysis the organization. Since our company offering clothes for all ages and fulfils the customer’s needs there are some external issues must think through in order to stay modest world of business.
Moreover, BSC will focus on the strategic planning with the other competitor so that they can perform their best business proposal. Then, BSC helps to discover the appropriate performance measure for their internal operation on a suitable level, and these are just only some of BSC’s
The adoption of new technologies and trends is being facilitated in the industry for the competition and the customer’s overall experience. Many suppliers that are having similar strategies face a strong competition. The barriers for exiting the markets are high. Products and services of are undifferentiated leading the customer to focus on the prices offered. Low market growth, so it can be increased only by taking another firm’s market share.
PEST Analysis is a tool that helps to analyse the environment and constraints that are placed on developing and implementing an e-business strategy from outside the business. It is an acronym for Political Economical Social and Technological factors. 2.2.1 Political The major political factors affecting H&M are restrictions on imports and exports and relocation of production facilities since the company has chain stores in different countries. There is also a restriction on shipment of goods which is a concern for H&M. Relocation of manufacturing and outsourcing continues to be a contentious issue as companies seeks to maintain profit margins and reduce costs as well as receive incentives to locate production in specific areas.
They go to countries with strong economic growth and the countries whose government is considerate about environment. And HSBC also aims for merger with subsidiaries all around the globe for better growth of the company. With this success they make the most out of it. Major Competitors: The three main competitors of HSBC are Barclays, Citigroup and The Royal Bank of Scotland Group. Their competitors are based on customers, employees, growth and profitability.
The threat of a substitute product is that risk faced by corporate houses from replacement by its substitute. Any product can have several other substitutes in the market that may provide the customer with more utility. The competition faced by a company in selling its product from its counterpart selling its substitute comprises the threat of substitute. This is one of the potential risks that are faced by the organizations that affect their competitive structure and survivability in the
PEST analysis is a strategic tool to learn about the organization’s working environment and the factors that could affect it. A PEST analysis including legal and environmental parameter is called a PESTEL analysis. Political Political factors can influence an organization’s activities in many ways. It can either be advantageous for the company or there can be levies and duties on the company. Government’s intervention affects the working of the organization.