Business Environment of Marks and Spencer

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Added on 2020-06-04

Business Environment of Marks and Spencer

Added on 2020-06-04

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Business environment of Marks and Spencer1

Table of ContentsIntroduction......................................................................................................................................5P1 Purpose of private, public and voluntary organization as well as their legal.............................5P2 The size and scope of M&S, Cancer Research UK and Department of transport in United Kingdom..........................................................................................................................................6P3 Relationship between the various functions within M&S for attainment of its mission and objectives.........................................................................................................................................8P4 identify the impacts (positive and negative) of the macro environment upon the business.....10P5 Conduct pestle and SWOT analysis of Marks and Spencer to identify strengths and weaknesses.....................................................................................................................................11P6 By using M&S as an example, explain how strengths and weaknesses interrelate with external macro factors....................................................................................................................13Conclusion.....................................................................................................................................14References......................................................................................................................................152

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Figure 1 Types of organisations......................................................................................................8Figure 2 Marks and Spencer logo..................................................................................................10Figure 3 Department of Transport logo.........................................................................................11Figure 4 Cancer research UK........................................................................................................113

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Introduction Business environment is inclusive of the external factors that are beyond any control ofenterprise and affects its overall functioning in a positive or negative manner. It is very essentialfor the firms to analyze the business environment so as to react towards the uncertainties andthreats in a positive manner (Gupta, 2013). The present study has thus made an attempt to studybusiness environment of Marks and Spencer which is one of the leading retailers of UK and sellsits products by using the principals of innovation, quality and varied choices. The company hasfurther committed itself to make every moment special for its consumers by selling its own foodbrand, clothes and home products (Drucker, 2017). The study will lay emphasis onunderstanding the wider environments in which Marks and Spencer operate. Also the report hasbeen prepared for students of a local college to make them get awareness about purpose,structure and size of organization followed by the departmental functions. P1 Purpose of private, public and voluntary organization as well as their legalstructure.Figure 1 Types of organisationsPrivate organizations are the ones that are run by a single individual or company ratherthan the government. There is a presence of restricted ownership and hence they have a specificset of objectives that help in running of the business. In this regard, profit maximization for4Public organisationsPrivate organisations Voluntary organisations

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