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M&S - A Globally Diverse and Organized Business

   

Added on  2021-04-23

13 Pages4303 Words107 Views
Business DevelopmentLeadership ManagementDesign and CreativityData Science and Big Data
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BUSINESS ENVIRONMENT AND LEADERSHIP– CASESTUDY1
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AbstractThe explanation why M&S is selected is its geographic diversity around the sector andawareness from its consumers worldwide. The business is recognized also for its moralprinciples and its commitments to Corporate Social Relations and to the quality of the goodsfor all the vendors they deal with. M&S is one of the best developed and organizedorganizations for which everybody can function, considering the fact the employees enjoy thejob they are doing. The M&S framework is however its sophistication also its operationalsimplicity. It is still pretty tough to work collectively as a common organization while itoperates internationally, at the corporate and retail levels. Therefore, the cross-cultural actionsand collective identification of workers within one major umbrella emerges.2
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Table of ContentsIntroduction................................................................................................................................4Q1. SWOT and PESTEL analysis for Marks & Spencer...........................................................4Q2. Critically comment on how the company is addressing their Strengths to negate Threatsand Weakness affecting their Opportunities...............................................................................6Q3. Compare and contrast the different styles of leadership. Comment if the leadership styleis appropriate for the company of your choice...........................................................................7Q4. Recommend a suitable leadership style that helps them grow and overcome thechallenges posed by the business environment. Justify your choice using appropriateliterature.....................................................................................................................................8Q5. Responsibility, Response, and Obligations in the Ethics and Social Responsibilities in theprocesses at Easy Jet..................................................................................................................9Q6. Reflection report................................................................................................................10Recommendation......................................................................................................................10Conclusion................................................................................................................................10Reference List..........................................................................................................................123
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IntroductionIn "BBC News online 1998" Marks & Spencer becomes the first UK shop to earn over £1trillion in taxes. Yet Mark and Spencer had recovered from the "crisis" that hit the businessdramatically in a new financial world a couple of years earlier. The original M&S is gonenow with the establishment of a modern Marks & Spencer. The latest blow resulted fromMarks & Spencer's announcement that it would terminate its cozy supply relationship with itsfourth-biggest provider, 30-year-old William Baird. In the 1920s, Marks & Spencer chose toprocure a very radical plan directly from manufacturers, as wholesalers were thought to beself-evident. Q1. SWOT and PESTEL analysis for Marks & SpencerSWOT analysisStrengthsAs per the viewpoint of Kumar and Sharma (2018), Marks & Spencer has been active for thepast 136 years. It is one of the major grocery businesses in Great Britain. The company beganits retail tour with Penny Bazaar at Kirk gate Market. Over the years, the organization hasestablished a variety of broad worldwide partnerships. A wealth of experience is a bigadvantage for the business. Spencer and Marks are notable for delivering quality items on themarket to their customers.WeaknessBy the end of 2019, the Wood 2019 report reports, several M&S outlets were sold fewer. Theineffectiveness of the supply chain infrastructure was due to the failure to produce the goods.Likewise, at Christmas 2017, the company struggled to satisfy the requisite demand for foodand clothes (Rahbi, Khalid, and Khan, 2017). It had a very negative effect on the credibilityof the group. M&S does not sell children or adolescents apparel, according to the generalpublic. OpportunitiesAs commented by Abasilim, Gberevbie, and Osibanjo (2019), Marks & Spencer now has anonline store. However, in comparison to other leading e-commerce stores such as Amazon oreBay worldwide. M&S is far behind in the competition. Even though the company is an aged,4
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