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Business Management Assignment : Mark & Spencer

Added on - 07 Jan 2020

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Management Assignment
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK...............................................................................................................................................1CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................4
INTRODUCTIONCorporate social responsibility refers to the different business practices so that they caninvolve the initiatives that assist in attaining the benefits in the society. Different categories ofsocial responsibility includes environmental efforts, ethical labour practices and volunteering(Carroll, 2015). In this assignment Mark & Spencer which is a retailer company and deals inclothing, footwear. Corporate Social responsibility helps in reporting the climate change, interestfinancial and non-financial reporting. Along with the theories applicable on CSR has to bediscussed.TASKSustainability is the important for the person and also assist in reaping the success.Sustainable business practices helps in the awareness of the environment and the economicaspects so that they can manage the resources which helps in increasing the practices. The staffmembers of Marl & Spencer have to change the way to do the work and make the appropriatestrategy which assist in delivering the competitive edge. The company having the different formof the social responsibility having the core of the operation. They have to use the properguidelines which helps in designing the company sources so that they become sustainable. Ithelps in aligning the stated vision so that they can create the Corporate social responsibilitystrategy. There responsibilities helps in improving the consumer purchases (Emeana, 2015).Mark & Spencer have to improve the brand which assist in increasing in selling the products andservices. Along with this M&S having the social responsibility that they have to provide the bestquality of the products so that they can attain the success at the time of high competition in theinternational market. They have to maintain the relationship between the consumers andemployees. Along with this they have to maintain the trust and transparency from the consumersso that they increase the sales and earn maximum profit. They have to make the appropriatedecision which helps in attaining the targets. Mark & Spencer having a strong value and alsohaving a paternalistic approach to do the proper business. By doing the survey they have toembedded the corporate social responsibility and sustainability within the company whichincludes the issues which are facing by the Mark & Spencer should be fully embedded by usingthe appropriate strategy and operations of the company. Along with this they can resolve theissues by using the global chain supply. It helps in engaging the collaboration of the industry and1
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