Business Environment Marks & Spencer

Business & Business
Environment

1

INTRODUCTION
Business environment is the best way to know about the surrounding areas of the
organisation. However, this can be rightly said that the management needs to make an effective
and efficient business strategy which ultimately help out to gain the sustainable development for
the firm. Business environment comprises whole external and internal factors which could
influence firm functions that could cover employees, consumers, management, supply and
demand and firm’s regulations. The business environment assists the organisation to identify
opportunities and threats, rendering instructions for the growth, image making throughout the
planet. Internal factors that could influence environment of the organisation comprises
consumers, contenders, suppliers, political, etc. While on the other hand, external factors
comprise consumers, contenders, suppliers, political and others. Marks & Spencer organisation is
the organisation which incorporates in the UK and which ultimately deals in producing food
items, clothing and household need products is chosen for the purpose of this report (Pham,
Segers and Gijselaers, 2013). This report likewise comprises diverse scope which comprises
diverse scope and size of the company with the functions and layout of it. This report likewise
comprises diverse kind of scope and size of the company along with functions and layout of it.
Two tools which are SWOT & PESTLE analysis are implemented to determine the strengths and
weaknesses of the organisation along with assessment of diverse work culture in the foreign
nations that affect positive and negative influence on the firm’s operation.
TASK 1
P1: Diverse kinds and purposes of organisations
Companies are the set of people who work together in order to attain the shared targets.
Each firm renders quality goods and services to the consumers a per their requirements along
with the justifiable price (Lee, Olson, and Trimi, 2012). This is the main way for the company to
produce higher profits and expand their organisation throughout the planet. Organisation could
be diverse kinds which comprises public, private and non-profit company which run their
organisation operations in diverse manner. such kinds of firms are elaborated as under:
Private company: Private firm simply refers to any kind of individual, partnership,
association, corporation which does not the public organisation. Private sector is incorporated of
organisations which formed to produce profits. On the private sectors, government put various
2