logo

Business Environment in Marks and Spencer Assignment

15 Pages4441 Words20 Views
   

Added on  2021-02-19

Business Environment in Marks and Spencer Assignment

   Added on 2021-02-19

ShareRelated Documents
Business Environment
Business Environment in Marks and Spencer Assignment_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Explain different types and purpose of organisation with legal structure.............................1P2 Size and scope of different type of organisation....................................................................3TASK 2............................................................................................................................................4P3 The relationship between different organisational function and their link withorganisational objectives and structure.......................................................................................4TASK 3............................................................................................................................................6P4 Identify the positive and negative impact which macro environment has upon the businessoperations....................................................................................................................................6P5 Conduct internal and external analysis in order to identify the strength and weaknesses.....9TASK 4..........................................................................................................................................10P6 Interrelation of strength and weaknesses with external environmental factors...................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
Business Environment in Marks and Spencer Assignment_2
Business Environment in Marks and Spencer Assignment_3
INTRODUCTIONBusiness environment refers to the sum total of all the internal and external environmentthat affect the functioning of company (Business Environment, 2019). It plays an important rolein an organisation as it helps in identifying the opportunities of business, helps in improving theoverall business as well as assist in improving its profitability. In order to study this report Marksand Spencer, a multinational retail company is taken. It was founded by Michael Marks andThomas Spencer in the year 1884 and is having its headquarter in London, UK. This report willcover different type different type of company, size, scope with their legal structure. In additionto this it will also discuss the interrelationship with various function and their link with objectiveand structure. At last internal strengths and weaknesses of the company and their link with themacro environmental factors will be discussed. TASK 1P1 Explain different types and purpose of organisation with legal structureThere are different types of organisation with different legal structure which arementioned below:Private sector organisation: It refers to the type of organisation which is run by theindividual and group whose main purpose is profit generation (Andersson, Forsgren andHolm, 2015). The organisation which is used here is Marks and Spencer. Purpose: The main purpose of company is to provide high quality of clothing, homeware and food products to the customers. Its main objective is to increase the sales of thecompany which results in improving profitability.Type of private organisation:Sole proprietorship: It is the type of organisation which is controlled by individualentrepreneur. The individual is the only one who is responsible for taking all decisions ofthe company. Partnership: It is the type of private sector organisation which is controlled by two ormore people with the main motive of earning profit. The partners can be individuals,governments or combination. The decision lies in the hand of all the partners. Company: It refers to a organisation whose main purpose is earning profitability. Herethe members are unlimited with their unlimited liability.1
Business Environment in Marks and Spencer Assignment_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Types and Purposes of Organizations in Business Environment
|13
|3989
|45

Types and Purposes of Organisation in Business Operations
|13
|4585
|43

Macro Environmental Influence.
|17
|4559
|68

Business & the Business Environment
|15
|4254
|94

Business and business environment assignment | NHS
|18
|5488
|25

Assignment on Types of Purpose of an Organisation
|18
|5573
|49