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Macro Environment Impact on Marks and Spencer Business Operations

   

Added on  2020-06-04

12 Pages3889 Words50 Views
Business & Business Environment

INTRODUCTIONThe report will cover Marks and Spencer which is one of the leading Britishmultinational retailers operating worldwide with stores and online service, as well will show thenegative and positive impact have on business operations of Marks and Spencer from macroenvironment and the relationship which all the functional areas have amongst them. Also,conduct the internal and external analysis like PESTLE and SWOT to identify how strengths andweakness help Marks and Spencer to achieve business objectives. The macro factors regard to allthe external factors affecting business like political, social, economical, legal, environmental andtechnological factors.P1. The main purpose of the any organisation is to make the social and economic development innations. To bring the better development of the nation different organisation has the variousroles.Private organisations: This type of the organisation have owned by the small business groups asthey have limited liability. The private sector is fragment of nation economic and it will give thebetter impact on the society (Aguilar, 2017).. The private organisation has the gaols to bring themore profit in their business which will make the market credibility. A huge private-divisionpartnership might be secretly or traded on an open market. Organizations in the private divisiondrive down costs for merchandise and enterprises while seeking shopper’s cash; for the similarproduct customer will chose always the lower price. As the M&S is the private sectororganisation in United Kingdom which have the main purpose is to bring out the economicdevelopment. Legal structure of the private organisation: as the private organisation need thecertificate of incorporation and documents required is Article of association and Memorandum ofassociation.Public organisation: These types of organizations are the worried part of the economy to givedifferent legislative administrations.The organization of the division of the general societydiffers according to the nation, yet in the case of the citizens of many nations in the public sectorit incorporates such administrations as the military, the police, etc. People in the shared area canbenefit from the fact that it cannot be excluded from a non-payer, for example road lighting,administrations benefiting the entire society instead of the person using the governmental bodies.

Therefore, the public organisation main purpose is to social development of nation. As the legalstructure of these organisations is depends on government supreme bodies.Voluntary organisation: These types of organisation have is a social affair of individuals whogo into an assertion, as a rule as volunteers, to outline a body or relationship to accomplish areason. Voluntary organisation is also called non-profits organisations. Essential delineationsfuse trade affiliations, trade unions, learned social requests, capable affiliations, and regular get-togethers (Davis and Blomstrom, 2016). The main purpose of this type of organisation is to bringout the social development and help society in whenever they need in difficult situations. Thelegal structure of this type organisation is monitored by the government.P2 Size and scope of Marks and Spencer, NHS and Oxfam.All the organizations have their own purpose, size and scope and they all contribute in theeconomical development of the country in their own ways. And all these goals, the size andscope of the various organizations relate to the business objectives and the products and servicesoffered by the organization.BasesMarks and SpencerNational HealthServicesOxfam ScopeM&S is having verywide scope as it isoperating on a widerarea having its lifestylestores, online stores andselling many productsand services on aworldwide level.It is the publicorganisation whichhave the large scope tomake the healthysociety (Yew andAspinwall, 2014.). Asthe NHS bring thevarious treatment freefor the people.Oxfam being avoluntary organizationand a charitable trust. Isoperating worldwide asit help the needy peopleall over the world.Size M&S having around979 stores in UK whichinclude 615 sellingfood products. Withhaving 84939employees and 454international level.As it is the largestpubic organisation ofUnited kingdom.Which have more than1400000 employees.As this is also operatingn a worldwide levelwhich serves about allthe nations and fight forpoverty of theeconomies of the world.

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