Order Description You will be looking at the marks and spencer case study which i will provide, and by reading that and with additional resources gathered, you will be answering three main questions regarding their business operations, leadership styles, management styles etc. I will attach the required documents, and please do read them carefully, as I need an above average mark for this assignment.
In the context of external environment various force may affect the business firm that is political, economical, social, cultural, legal and technological. Dissertation marks spencer business unit operates its business in the market then it has to consider these component and organise activities accordingly.
Stakeholders are another major component in the business environment which largely affects to business Amran, Ooi and Devi, In this includes suppliers, customers, government, employees, investors etc. In the context of Marks and Spencer, it is one of the famous retail outlet which have large numbers of competitors in the market.
While it operates its business in the market, it has to consider following components of business environment- Political This is major component of business environment of Marks and Spencer as it is fashion Dissertation marks spencer so it has to pay the tax according to the government declaration.
In addition to this it has to follow the rules, regulation, code of conduct etc. These rules and regulation must be applied on the business activities and function of the Marks and Spencer like marketing, advertising, sales, promotion etc.
Social and cultural Social factor related to the customer and their choice, taste, preferences, life style, education, income level, culture, beliefs, region etc. Marks and Spencer is a fashion outlet which deals with fashion accessories and clothing so it must consider this component related to customer, taste, preferences, cultural and social value.
By this doing, it can able to meet the expectation of the customer and earn the profitability Anton, Economical Economical component is another major element in the business environment of Marks and Spencer under which it affected by the interest rate, pricing policies, inflation, recession etc.
While it sets the prices about the product and services then it has to consider the economical condition of the country. Technological Due to continuous changing technology like online shopping, e-commerce etc can largely affect the process and service of Marks and Spencer.
Company have to adopt the new technological and made changes in the operation according to the trend of technology. As per the research it has been founded that cited firm is considered on the renewable and environment friendly product and services so as it can maintain its market share Bull and et.
Legal UK government has been made some legislation and law for the business, consumer and employees which company have to follow at the time of operation.
As per the above discussion it has been ascertained that there are various kinds of factors of external business environment of the Marks and Spencer which largely affect the cited venture.
In order to identify the internal competency, its competitors and strategic position in the UK market, Porter Five force can apply in the cited venture. With assistance of Porter Five force model, internal efficiency and competitive position of Marks and Spencer can analysed- Bargaining power of Suppliers For the Marks and Spencer, bargaining power of the supplier is low because cited firm is huge listed company with a massive turnover.
It brands name is sufficient to distribute the product and services in the market Gonzalez-Padron, Hult and Ferrell, Bargaining power of Buyers In the Marks and Spencer, bargaining power of buyer is high because buyer have various option and alternative for the similar product and services in the market.
In addition to this, the concentration of buyers is high and they can dedicate their rules and taste. Threat of Entrants In the Marks and Spencer organisation, threat of new entrants is low because as it is one of the big brand in the UK market so new business organisation have to invest large capital for operate the business similar as Marks and Spencer.
As it is a consumer good retailer and it has large numbers of competitors in the market so consumer can buy the similar product with lower prices. Competitive Rivalry As Marks and Spencer is the world famous retail outlet in the UK which deals with customer goods and services.
It has large numbers of competitors like Tesco, Sainsbury, Aldi etc. Thus it can be said that Marks and Spencer have large number of competitors.HRM Issues of Marks and Spencer Expanding into Japan This 30 page paper examines the issues that will concern Marks and Spencer if they want to consider expanding into Japan.
The paper starts by looking at marks and Spencer and the way that they operate with a focus on HR practices. Webber the civil war, interne apr 26, cuvillier verlag dissertation dvd, pay someone do my papers gunner spencer dissertation introduction, m.
Marketing intern marks with the purpose of a longer essay on cow in english and quality research paper; university, ba, the volume 3 help from a . Marks & Spencer was rated the third greenest supermarket behind Waitrose and Sainsbury’s, and this is an area where the company would benefit greatly by taking a lead.
Published: Thu, 12 Oct Performance Of Sales Assistants At Marks And Spencer. Taking in to the consideration the very popular and famous quote “Give a person a fish and you feed him for a day.
Strategic Analysis of Marks & Spencer Plc Introduction This paper examines Marks & Spencer Plc – an iconic brand and one of the UK’s leading retailers.
A general overview of Marks & Spencer is followed by a PESTEL analysis which offers a comprehensive look at the company’s strategic business environment.
Example dissertation on Marketing Plan of Marks and Spencer. Executive Summary. The marketing plan is an important tool for every organization in the present competitive environment.
In this concern, the marketing plan for Marks and Spencer would be an effective example in the present scenarios (Beamish & Ashford, ).