Business Environment - Marks & Spencer
Added on -2020-12-09
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Business environment
Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3Business & purpose.....................................................................................................................3Stakeholder mapping...................................................................................................................6Macro & micro industry analysis................................................................................................7CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONBusiness environment is defined internal and external factors that impact the operationsof the business as well as overall performance. Present study is based on Marks & Spencer. It is aBritish multinational retailer company, headquartered in Westminster, London. Its product areclothing, luxury food products and home products etc. It is listed in London stock exchange. Itholds more than 80,787 employees in 2018. The report will include the differences between public, private and voluntary organisationand their purposes. It will also define shareholder mapping of the Marks & Spencer.Furthermore, it will explain PESTLE analysis, porter's five force model and SWOT analysis.MAIN BODYBusiness & purposeDifference between public, private and voluntary organisationBases Public sectororganisation(NHS)Private sectororganisation(Marks & Spencer)Voluntary sectororganisation(Oxfam)Meaning Public sectororganisation are thoseorganisations that isowned by thegovernment andprovided services topublic (Asia andHetherington,2017). Private sectororganisation is run byindividuals rather thangovernment. Theirmain purpose ismaking profits. It is apart of country'seconomy system.Voluntary sectororganisation work forsociety. It is non-profitas well as non-governmentorganisation. Theorganisationundertakes socialactivities that isvoluntary organisation.About companyNational health serviceis the largest publicsector organisation inworld, headquarteredin Richmond House,Marks & Spencer isthe Britishmultinational retailer,headquartered inWestminster, London.Oxfam is a charitableorganisation that isconfederation of 20independentorganisation, founded
London, England. It is founded in 1884.It is listed in Londonstock exchange. Marks& Spencer currentlyhave 979 stores in UK.in 1942. It is led byOxfam international. Ithas extensivecollection ofoperations.Vision & MissionTheir vision & missionis delivered betterhealth services to thecommunities byindividual focussedinitiative as well aspopulation wide.The vision & missionof the Marks &Spencer is to providestandards againstmeasure of theircompetitors, customerexperience and carefor environment andcommunities.Their vision & missionis created a worldwithout poverty inwhich people can taketheir own decision,enjoy their rights andassume theirresponsibilities thattreat each other’sequally.stakeholdersNational healthservice's stakeholdersare chief executiveofficer, directors,investors, employeesand public who areinterested in company.These are thestakeholders of theMarks & Spencer suchas chairman, chiefexecutive andshareholder of thecompany.Oxfam is owned byexecutive director,chair of each affiliates,deputy chair andtreasurer as well asvolunteers.Products & servicesIt provides health careservices to all legalEnglish residents.Their most of theservices are free ofcost at the point of use.For example,emergency treatment,treatment of infectiousIt mainly deals inclothing for kids, menand women, luxuryfood products andhome products etc.(Šebestová, Šperkaand Čemerková,2016).Oxfam have manyshops all over theworld. It mainly dealsin donated items, fairtrade productsincluding books, hand-crafts, music CDs,clothing, instruments,toys, ethnic creations
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