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Management Theory and Practice
Environmental Analysis
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Filename: 1SAMPLE16C151-Management-Theory-and-Practice.pdf
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Uploaded: May 26, 2016
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Abstract
The Common Wealth Bank is an Australian multinational bank. It provides its customers
with retail and commercial banking and also with investment services and insurance. This
also includes credit cards, deposit accounts, mutual funds and home loans. Its brands include
Bankwest, Firstchoice, CommSec and ASB bank. It has more than 1000 branch offices in
Australia and also has branches in Asia, Europe and USA. Its major competitors are National
Australia Bank Limited, the Westpac Banking Corporation and the Australia and New
Zealand Banking Group Limited. This analysis would be giving a brief on the impact the
environmental changes would have on the functioning and growth of the Common Wealth
Bank.
Analysis:
Environmental analysis helps the organization to know the changes which are being done in
the external environment and the adjustments necessarily needed in order to adapt to them.
Based on this, the following factors would be considered in the Environmental analysis of
Common Wealth Bank