BRAPS Coursework Example | Topics and Well Written Essays - 1250 words

BRAPS - Coursework Example It is focusing on developing branches in rural areas as well (Barclays.com- About Us, 2011). The main products offered by the company include commercial banking, retail banking, private equity, investment management, and investment banking. They have also introduced the latest service of trading iShares (Barclays.com- Products and Services, 2011). Barclays is managed by Marcus Agius, the team director who joined the company’s board in 2006 replacing Mathew Barrett as chairperson in 2007 (Barclays.com- About Us, 2011). The Barclays Vision is dedicated to being the international premier financial and banking services. They focus on obtaining superior financial and functional outcomes while keeping the international business standard. These unchanging anticipations offer the basis for our dedication to those with whom we associate. Barclays’ mission statement is to be creative, client-based Group, which delivers excellent products and services, make sure superb careers for our people, and participate actively to the society in which we work and live (Barclays.com- Executing our Strategy, 2011). Barclays bank has more than 2000 UK high street branches along with the Woolwich branches. Internationally, Barclays has more than 5200 branches with most 24/7 cash machine that can be used by Barclays clients as well as other customers at a fee. There are around 150,000 employees working at Barclays throughout the world. Barclays has an international market share as well as the local market share. This is an international corporation and, therefore, it operates worldwide. The financial data for the year 2010 is that the company boosted of 31.440 billion pounds, while their operating income was 6.065 billion pounds (Barclays.com – Annual report, 2011). The top competitors of Barclay bank include American Express Company, Capital One Financial Corporation, and Alliances Data Systems Corporation.

Business Ethics Essay Example | Topics and Well Written Essays - 500 words - 37

Business Ethics - Essay Example For example, the level of pollution may vary but that does not mean that pollution is not experienced by either of the States. Differences in ethics are mainly based on professional cultures, laws, organizational culture, and human resource systems. In the United States, for instance, bribery to acquire a business is forbidden. In other countries, no business transaction can be conducted without bribery. In others, money obtained from bribery is tax deductible. In Asia giving business, gifts imply value for business relationships and convey respect. In the United States, such moves may not be necessary. Some might even consider it as a bribe to influence judgement. A code of ethics can be established for the global market through research. This will be achieved by gathering information about cultural requirements on different countries. These requirements can then be modified so that they are applicable to different business circumstances. Similarity with American code of business ethics will be professionalism such as proper communication channels. The difference will incorporate different cultural expectations. The first measure that should be taken in case an organization offends a foreign culture is to establish the nature of conflict by understanding the history of cultures. Expectations of different cultures greatly affect transactions. It is, therefore, important to understand cultural bases that define ethical behaviour. The second step requires conducting research about foreign ethical guidelines prior to getting into business. This knowledge acquired combined with good managerial skills can rectify an organization’s reputation. Finally, the offended party can be given the fundamental right to choose, and other advantages over the organization hence maintain integrity (Kent, 2014). Ethical frameworks greatly differ in the global business market hence making it difficult to distinguish practices