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Internal and External Factors Introduction Internalandexternalfactorthataffectthebusiness operation of Mark and Spencer and contribution of company towards the external environment. PESTLE. Political factors that affect M&S through trading and taxes on goods and service Economic factor affects M&S through economic condition in the country i.e. inflation and recession. Social factor affects through the consumer taste andpreferenceandlifestyleofconsumerin fashion trends. Technological factors are changes with time like online shopping, latest operational software used. Environmentalfactorsaresellingorproducing goods which affect the environment by disposing or using it. Legal factors show the rules and regulation that areappliedonthebusinesslikelaborlawor consumer protection act. SWOT Strength of M&S are high quality products, maintain relationship with employees and customers. Weakness that affect M&S are they highly reliant on theBritishsupplierandlackofclearmarketing strategy is been followed. OpportunitiesforM&SarethatE-businessare latest the trend and cop-up with market changes in fashion. Threat shows the intense competition among the competitorandlesssuccessfulininternational market. M&S impact on external environment M&S contribute towards the development of country It contributes towards the employment. Maintainrelationshipwithconsumersand government. Conclusion Thereportconcludethatinternaland externalfactorhadaffectthebusiness operationandshowscontributionofM&S towards the environment.
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