Business Environment

Running head: BUSINESS ENVIRONMENT
Business
Environment
7/5/2019

BUSINESS ENVIRONMENT 1
Table of Contents
Section 1.....................................................................................................................................2
Introduction................................................................................................................................2
Overview of Businesses.........................................................................................................2
Wesfarmers............................................................................................................................2
Vision and Mission............................................................................................................2
Objective............................................................................................................................3
Organizational and Legal Structure of Wesfarmers...........................................................3
Marks & Spencer....................................................................................................................4
The vision of Marks & Spencer.........................................................................................4
The mission of Marks & Spencer.......................................................................................4
The objective of Marks & Spencer....................................................................................4
Organizational and Legal Structure...................................................................................4
Procter & Gamble..................................................................................................................5
The vision of Procter & Gamble........................................................................................5
The mission of Procter & Gamble.....................................................................................5
Objective............................................................................................................................5
Organizational and Legal structure....................................................................................6
The interrelation between different functions of Marks & Spencer......................................6
Section 2.....................................................................................................................................7
PESTLE Analysis of Marks & Spencer.................................................................................7
SWOT Analysis of Marks & Spencer....................................................................................8
Strength..............................................................................................................................8
Weakness............................................................................................................................9
Opportunity........................................................................................................................9
Threat.................................................................................................................................9
The interrelation of Internal and external aspects..................................................................9
References................................................................................................................................10

BUSINESS ENVIRONMENT 2
Section 1
Introduction
In recent time, the international business is growing at a fast pace due to strategic imperatives
and changes in the environment. Strategic imperatives are comprised of the need to leverage
abilities, seeking a new market, procuring resources, and matching the competitor's actions
(Cavusgil, Knight and John, 2014). This section of the report is comprised of a brief analysis
of three organizations of different size, type, and purpose that are Wesfarmers, Marks &
Spencer, and Procter & Gamble.
Overview of Businesses
Wesfarmers
Wesfarmers is a famous Australian conglomerate with headquarter in Path. The sectors in
which company majorly operates its business are coal mining, retail, industrial, as well as
chemical products. The operations of the organization are spread in the Australian and New
Zealand market. In the financial year 2016, Wesfarmers became the largest organization of
Australia with the revenue of over AU$65.95 billion. In addition to this, the company is the
largest employer in the private sector of Australia with around 220,000 personnel
(Wesfarmers, 2019a).
Vision and Mission
The mission of Wesfarmers is to establish and follow the highest ethical standards among all
the businesses that are working in different industrials like coal mining, chemical, and retail
of Australia and New Zealand.

BUSINESS ENVIRONMENT 3
The vision of Wesfarmers Group is to maintain long term relationship with the suppliers,
customers, and other business partners and to have a sustainable and responsible sourced
supply chain.
Objective
The key objective of Wesfarmers is to deliver satisfactory returns to the shareholders.
Organizational and Legal Structure of Wesfarmers
Source [(Wesfarmers, 2019b)]
Wesfarmers follow limited liability Company as its corporate structure, where the owner of
the group is personally not liable for the liabilities and debts. The main stakeholders of the
company are government, consumer, supplier, media, community, shareholders, employees,
etc.