Business And Business Environment Analysis of Marks and Spencer Organisation
Added on 2020-07-22
13 Pages4253 Words190 Views
Business And BusinessEnvironment
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Purpose of private, public and voluntary organisation......................................................1P2 Size and scope of Marks and Spencer organisation..........................................................3TASK 2............................................................................................................................................4P3 Relationship between functions of the organisation for achieving mission......................4P4 Positive and negative influence the macro environment on the business activities of M&S5P5 SWOT analysis of Marks and Spencer.............................................................................7P6 Interrelate with strength and weaknesses with external macro factors.............................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10Books and Journals...............................................................................................................10
INTRODUCTIONEvery organisation can analyse their external and internal environment which help inenhancing growth and development. Business is commercialised action by which they canexchange various goods and services. It assists in generating more revenue and profit. In anorganisation, there are various types of employees who help in gaining profit and maximise it byselling products in huge market. Company manager will give their full effort in attaining targetgoals and objectives (Aula, 2010). . In an enterprise, there are various form of administrationwhich have various scope and motive and it includes public, private and voluntary firm. Theseorganisations perform different functions and activities and each have their separate objective.This project is based on Marks and Spencer which is multinational company and it has approx.1433 stores in all over the world. They sell various products such as online food and brandedclothes and home-based items. TASK 1P1 Purpose of private, public and voluntary organisationBusiness is commercialised action by which they can exchange various goods andservices. It assist in generating more revenue and profit. In an organisation, there are varioustypes of employees who help in gaining profit and maximise it by selling products in hugemarket. Private sector- Private sector includes all profit businesses which are not controlled aswell as run by the government. This is owned by single or group of people. Only they areresponsible for handling all the risks and enjoying profit as well. It is that sector in which privateowners hold country economy and distribute market shares for people. They required to followedall rules and regulations which is essential for the firm. Basically private sector works for earnmaximum profitability. Private organisation help in increasing employment opportunities whichis necessary for the company. All the resolution and industrial growth and development arebased on this sector. This will works for their secured profit income. The example of privatecompany is Marks and Spencer which is situated in United Kingdom. They serve all homeproducts, branded clothes and other items of house. It has almost 1233 stores in all over theworld. 1
Public sector- Public sector refers to that potion of an economical system that is operatedby local, state or national government. Legal bodies are responsible of investing money andoffering services to common people at minimum prices or even at free of cost. Publicorganisation are that sector where all activities and functions are totally operated by governmentauthorities. All companies shares are controlled by government on behalf of them. Publicorganisation only works for satisfy need of people. It will also known as PSU public sectorwhich is undertaking all functions. There are various sources which provide funds that includetax, fees and other sources. Country has different methods by which they easily increase amountin effective manner. TESCO is an example of public company which is multinational firm of UK. This islargest grocery store which is situated in Europe and it is broad businessperson firm. All thepublic sector satisfy their government work in United Kingdom. It also works for providinginsurance services and banking sector facilities. This will used for development new ideas andformats and also modify their preferences. It is largest store of retail firm and also a public sectorcompany of UK. They usually works for provide basic need of poor people and make rich byhealth not by wealth. This will known as non profit sector and it is called as third sector. Thesefirms are also works for fulfilling demand and needs of persons in better manner. They were alsoknown as NGO, unspecific foundation, social benefit and unit of people and non earningsorganisation which relates to voluntary sector. Voluntary sector- It is also known as non- profit sector having duty of doing socialactivity and provide public services to needy people. For example, these groups provide food topoor people who are not able to earn money. Voluntary sector is non profit organisation whoworks for welfare of society people. The main aim and objective of this firm is to fulfil needsand wants of an individual. They also focus on various types of health issues and socialproblems. OXFAM is an example of this sector. It is multinational charity firm which is based inUK. It will works for providing help to needed person and assist government in eliminatingpoverty, illiteracy and other major issues. This also fights for people rights which provide safety,livelihood and food. The main objective of this enterprise is to remove all issues which createhurdle between growth and development. Oxfam is works in almost 90 countries and it controland manage long term programme. 2
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Business and The Business Environmentlg...
|11
|539
|92
SWOT Analysis of Marks and Spencerlg...
|15
|4465
|63
Business and the Business Environment of M & S : Reportlg...
|15
|4739
|80
Business Environment of Marks and Spencer - Reportlg...
|11
|3941
|38
Assignment on Types of Purpose of an Organisationlg...
|18
|5573
|49
Business & the Business Environmentlg...
|15
|3422
|113