Business and Business Environment : Marks and Spencer
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Added on 2020-07-23
Business and Business Environment : Marks and Spencer
Added on 2020-07-23
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Business and business Environment
Table of ContentsIntroduction.................................................................................................................................................3TASK 1.......................................................................................................................................................3P1 Purpose of private, public and voluntary organization and its legal structure.....................................3P2 Size and scope of M&S and public and voluntary sectors..................................................................4TASK 2.......................................................................................................................................................5P3 Relationship between various functions within an organization.........................................................5TASK 3.......................................................................................................................................................6P4 Positive and negative impact of macro environment..........................................................................6TASK 4.......................................................................................................................................................7P5 External and internal analysis which identify strength and weakness.................................................7P6 Explain strength and weakness interrelate with external macro factors..............................................8CONCLUSION...........................................................................................................................................9REFERENCES..........................................................................................................................................10
IntroductionBusiness environment refers to two factors which directly or indirectly affects theexternal and internal business operations and situations. It is essential for company is to analyzewhole market research in effective manner. This will help in assuming different factors andbarriers which arise within an organization and also try to deal with them. This report is based onMarks and Spencer firm which is multinational company of UK (Czinkota, Ronkainen andMoffett, 2011). It has approx. 1433 stores in all over the world and they provide onlinemarketing services of products and services to their customers. They offer home products,clothes and food items. The main motive of this report is to understand different types oforganization and its functions that include private, public and voluntary sectors. They will alsoexamine the interrelationship between external macro factor and SWOT analysis.TASK 1P1 Purpose of private, public and voluntary organization and its legal structurePrivate organization- Marks and Spencer is private company which is multinational firmand it is situated in United Kingdom. It offers various types of products and services to theircustomers in the large market. They provide branded clothes, food items and home appliances.The main purpose of this organization is to provide best quality goods and services to theirbuyers and also satisfy them. They serve best services with high level standard at reasonable costprice. They also promote their products and services by doing various types of promotionalactivities and functions so that customers will attracts towards their company goods. It hasalmost 1433 store in the country and they try to expand their business in other countries whichassist in increasing their growth and profitability. Public organization- NHS is large public firm which is located in United Kingdom. It isa public health care system company which operates their business by providing safety and takescare of needed person in the country (Pulver, 2012). The purpose of this enterprise is to deliverhealth care services and facilities with high quality equipments and tools which are best suitablefor their individuals, communities and societies. They provide free services to poor people whoare needed service. It includes treatments, specialty care emergency treatments, regularcheckups, other facilities which are demand by the customers. Voluntary organization- British Red Cross firm is a non profitable sector which issituated in United Kingdom. The motive of this fir is to help the poor people of the country whosuffers and help them in emergency time by providing first aids, immediate services, know aboutdifficult situations, search the relative who are missing, support them in tough time, providerefugee camps for them. On the other hand the aim of this organization is to motivate people to
give services in voluntary sectors and give donations which assist in safe the common public,minimum cost and help those people who are in danger.P2 Size and scope of M&S and public and voluntary sectorsMarks and Spencer- It is the private company which provides various types of goods andservices to their customers in large market. They specially sell home products, branded clothesand delicious food items. Currently they has approx. 959 stores in all over the world and mainlythey sell food products so it has615 food stores in UK. The firm will became first retailer firmthat make pretax profit which is almost 1 billion. Total they has959 stores in which there are 58stores are situated in India, 48 stores in turkey, 27 in Greece, 14 in France, 11 in Poland, 17 inIreland, and 5 in Spain (Klapper, Lewin and Delgado, 2011). They have approx. 82,904employees who work for achieving company goals and objectives in effective manner. NHS- It is public company which provides health services to the people in UK. Theyhave approx.1.6 billion people who work for them and around 136.7 billion revenue they earn ina year with extra benefit. They funds in taxation and national insurance contribution is about98.8% and about 10% they spend in health services which provide to the common people. Theytry to expand their business in other countries and their growth rate is also expanding by 1% in ayear. They pay 60% amount to their employees who work for achieving targets and objectives inproper manner. they also supply drugs and it spend in approx. 20% and rest of the amount is splitamong buildings, training cost, cleaning, tools and equipments and catering food products amongall staff members. British Red Cross- This is voluntary organization which helps poor people who needservices. It is founded in 1870 and it has almost 32500 workers and 3500 staff who work forwelfare of poor people. In the team 12 health care assistant members. At the time of 2014, theyclaimed 748 admissions are avoided and spend cost almost 1 billion in the country for providingbetter services to their clients (Chow and et. al., 2011). It is non-profit organization which servesfree services to the common people and also provides health care services and other facilities tothe country persons in better manner. TASK 2P3 Relationship between various functions within an organizationThere are various functions of different departments which are interrelated with eachother that are as under:Sales and marketing- It is that department which help in promoting various products andservices among different customers in large market. Marks and Spencer are used thisdepartment for advertise their goods and services to their buyers and earn maximumprofit. The company will analyze whole market and organize campaign for attractingmore and more customers towards their services and items. It is one of most department
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