SLEPT Analysis of the Retail Financial Services Market // Part 2 - Traditional and Contemporary Modules of Building Society

Essay by iv80University, Master'sA-, December 2003

download word file, 19 pages 4.3

Index

Part 1 - SLEPT Analysis of the Retail Financial Services Market

1.Introductionpage 3

2. PEST Analysis - Monitoring The Environment page 4

2.1PEST - In An External Macro-Environment Point Of View page 4

2.1.1.Political Factors page 5

2.1.2.Economic Factors page 5

2.1.3.Social Factors page 5

2.1.4.Technological Factors page 6

2.1.5.External Opportunities and Threats page 6

3. SLEPT Analysis - Of The Retail Financial Services Market page 7

3.1.Political and Legal Issues page 7

3.1.1Financial Services Act 1986 / Financial Services and

Market Act 2000 page 7

3.1.2The Building Societies Act 1986 page 8

3.1.3The Building Societies Act - Distribution 1997page 8

3.1.3.1 Distribution Act page 9

3.1.4The Law of Property Act 1925 page 10

3.1.5Insurance Companies Act 1974 & 1982 page 10

3.1.6Banking Acts, 1979 & 1987 page 11

3.2.Economic Issues page 11

3.3.Social Issues page 12

3.4.Technology Issues page 12

Part 2 - Traditional and Contemporary Modules of Building Society

4.Brief History of the Building Societies page 15

4.1Building Societies - Traditional Model page 15

Figure 1: The Traditional Model page 16

4.2What Building Societies Offer page 17

4.3Why Building Societies are better than Banks page 17

Figure 2: Building Societies - The Contemporary Model page 18

5. Bibliographypage 19

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Part 1 - SLEPT Analysis of the Retail Financial Services Market

1. Introduction

All organisations, both in public private sectors, from multinationals to small local concerns, operate in an environment that, as it changes, offers both opportunities and threats to businesses.

When doing environmental analysis, managers try to identify events, which represent opportunities and threats to the organisation. E.g. there may be opportunities to develop new products with new technology or take advantage of changes in world trade agreements to expand into new markets. Appropriate actions...