Assignment on Business and Business Environment of Marks and Spencer
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Added on 2020-10-05
Assignment on Business and Business Environment of Marks and Spencer
Added on 2020-10-05
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Business and Business Environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. Different types of organisation ...............................................................................................12. Explanation of above all type of organisational - ..................................................................23. Organisational chart of marks and Spencer and relationship between various organisationalfunctions......................................................................................................................................4TASK 2............................................................................................................................................61. Pestle analysis of marks & Spencer........................................................................................62. SWOT ANALYSIS OF THE MARKS AND SPENCER......................................................73. Reflection of key findings.......................................................................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
INTRODUCTIONBusiness is an organization where people work together on a specific objective. Businessis also the organized efforts and activities of individuals to produce and sell goods and servicesfor profit. Business environment is the combination of internal and external factor whichinfluence the organization operating system (Schaltegger, Hansen and Lüdeke-Freund, 2016).Present study is based on “Marks and Spencer” which is a multinational retailer companyfounded on 1884 in United Kingdom. M&S currently has 979 stores across the UK including 615which only sell food products. Study lays emphasis on the public, private and voluntary sectorsand legal structure help to growth in international market. Report will highlight the functions ofinterrelationship of organization and how link to organizational structure. In this study we willalso discuss on various macro environment factors and their affects on organization. Study willalso highlight the strength and weakness of business and their interrelationship with macrofactors.TASK 11. Different types of organisation There are mainly three type of organisation which are as follows - Private organisationThis refers to a business which is owned by the individual or company rather thangovernment. (Laudon and Traver, 2016.). The main objective of this type company is to achievethe maximum profit. The profit is only restricted to some number of the owners of enterprise andthe stakeholder who have invested in the organisation. For example, Marks and Spencer isworking as private firm, its first objective is to attain the maximum profitability and to improvethe leadership in the clothing as well as in the food. The mission of the M&S is to delivering thehigh quality product.The international expansion of the Marks and Spencer Company as follows-M&S enterprise opened first Asian store in the Afghanistan in 1960 after this company expandedacross the world countries like Canada, Paris, France and also sell through the Europeanmarketplace sites such German, French and Austrian. Public organisation 1
Public sector organisation is maintained and owned by the central or state government.The fund required by the enterprise is given by the government. The aim of the company is toprovide the services and goods in better quality to the large number of societies in terms of thesociety welfare. For example, the National Health Service was created for providing the goodhealthcare to the public, regardless of wealth. The NHS provides the services to keep peoplehealthy and decrease the inequalities in access to health care (Kljucnikov and et.al., 2016). Themission of NHS is to provide the good health of public with individually focused initiative andalso provide the quality of care to every person every day. The international expansion of the National Health ServiceThe NHS is incredibly powerful overseas. The NHS expand globally because of theirincreasing demand from government and organisation of abroad to share knowledge and provideservices. It is publicly founded National healthcare service for each considers country of theUnited Kingdom such as London, England and Scotland. (Bocken, Rana and Short, 2015)Voluntary organisation The voluntary organisation plays a significant role in the socialistic, democratic and thesociety welfare. They perform the various functions for the welfare of people who are affectedby conflict and armed violence and promoting the rules of war. For example, the Red Crossinternational company's objective is to prevent and reduce the human suffering and secure thelife & health of the peoples who get affected the arm problems through providing voluntarybusiness partnership. The vision of Red cross is to promote and facilitate the all form ofhumanitarian activities by national societies with a view to protecting the human suffering.(Trevino and Nelson, 2016).International expansion of the Red crossThe international committee of the Red Cross Headquarter in the Swiss city of Genevaand it includes the 190 countries across the world. It is the oldest and most recognizedorganisation in the world. The committee conduct on regular basis and responsible for definingaims and guidelines for mentoring the financial matters of the assembly. The committee involvesthe membership of maximum of twenty-five Swiss citizens (Wheelen and et.al., 2017). 2
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