Business Environment Assignment - Marks and Spencer
Added on 2020-06-04
14 Pages4159 Words63 Views
Business Development
|
|
|
1Business environmentEugen Duminica 14660
2TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1LO 1.................................................................................................................................................1P1 Purpose of different types of organization .......................................................................1P2 Legal structure, size, scope of different organizations......................................................3P3 Organisation function and its objective and structure.......................................................3LO3..................................................................................................................................................4P4 positive and negative impacts and macro economic factor...............................................4LO 4.................................................................................................................................................6P5 internal external analysis to identify strength and weaknesses ........................................6P6 Interrelationship between macro factors and strength and weakness...............................8CONCLUSION................................................................................................................................9REFERENCE ................................................................................................................................11Eugen Duminica 14660
INTRODUCTIONBusiness environment is known as all the internal and external factor which can affect theorganisation. It is important for the company to ensure that all the factors which are impactingtheir organisation should be removed from the firm. The present report is based on the Marksand Spencer which is public limited company. This report covers different factors which canimpact the sales and profit of the firm. Further, explained the different types and purposes oforganisations;LO 1P1 Purpose of different types of organization Private firmMark & Spencer Proposes : Purpose of Mark & Spencer is to sustain in internationalmarket. And maintain the high level of customers trust and employees engagement. Mark &Spencer provide wide variety of product for its customer and make them satisfied its main objectto full fill customer needs and wants. And maintain the reputation in the marketing. The corepurpose of Mark & Spencer is to enhance lives every day Mission :Mark and Spencer first mission is to provide good quality of products by identify thecurrent environment requirements of customers and provide leisure services to earn maximumprofit.(Leih, Linden and Teece, 2014). Vision : A vision helps to achieve the target in effective and in efficient manner Mark &Spencer vision is to get best decision making techniques for future goals. Mark & Spencer set thebenchmarking and create the big platform for its business. Objectives : Mark & Spencer create big platform for its employees so that they give bestperformance for company goals and give good employment opportunities. second object of thecompany is to give new different projects and improvise sales. They concentrate on the needs ofcustomers and identify their requirements and provide plenty of services under one roof.(Adeoye and Elegunde, 2012). They maintain their standard to maximize future profit.Product & Services : Clothing(Men's Formal wear), Home Furnishing, Food product, luxuryproduct, lingerie, Home product.Partnership Structure : Al-futtaim Groupunited Arab emiratesBahrain1
EgyptKuwaitLebanonOmanQatarPublic organizationAsda: Purpose : The main purpose of Asda is to provide different types of product. Themain purpose of Asda is to give variety of services with best quality at low price compare toother competitors like grocery, clothing, home furnishing or entertainment goods.Mission : Asda mission is to give quality products at lower price on the basis of needs and wants.Objectives : Respect for in the individual, quality and costumer service.Asda aims to create over 10,000 jobs, customer oriented.Product & Services : Asda Super market, Asda Superstores, Asda Living, Asda Petro, AsdaEssentials.Sole Proprietor of Asda : voluntary sectorsLeonard Cheshire DisabilityPurpose : To provide services to those persons who suffering from any disability.Mission : To support individuals with significant physical disabilities and high risk.Vision : To create, operate and maintain attendant services programs. To operate supplementaland ref feral programs, To create and maintain satisfactory training, skills developmentprograms.Product & Services : Social Care Services.Marks and Spencer is one of the biggest multinational company which makes high qualityproducts and services for its customers. It has more that 900 stores in the UK and all over theworld. Further the company have great scope to expand its market in the developing country.Asda company is also one of the leading company which makes product and services for thecustomers (van Wijngaarden, Scholten and van Wijk, 2012). It has stores only in the UK and hasopportunities to expand business in all over the world through selling quality products andservices. 2
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Macro Environmental Influencelg...
|17
|4653
|23
P1 Business Strategy Assignmentlg...
|20
|6063
|114
Leadership Style and Management Practices PDFlg...
|10
|2268
|228
Different types, purposes and legal structures of organisationslg...
|19
|5768
|69
Business Environment Assignment - Marks and Spencerslg...
|15
|5228
|62
Business and the Business Environmentlg...
|16
|4590
|95