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Business Environment of Marks and Spencer : Report

   

Added on  2020-06-03

15 Pages3387 Words45 Views
Finance
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BusinessEnvironment
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INTRODUCTIONBusiness environment can be refer as those place where different activities and businessoperations are carry out in proper manner so this will help in achieving desired goals and targetsof an organisation. This comprise with both external and internal factors as they are havinginfluence on the functioning of the firm which includes customers, employees, partners etc. Thiswill play an essential role in each company for evaluating the environment where they suit anddetermine their business operation by this and also they can assist them in generating high levelof profitability and accomplishing desired growth or development in proper manner. The reportis based on Marks and Spencer which is one of the best clothing and merchandising firm whichis situated in United kingdom (Agarwal, Grassl and Pahl, 2012). The main purpose of this reportis describe about nature, size, scope of the organisation working in various types of businessenvironment. Along with this, the interrelationship between different organisational functionsand also understand their link with the objectives of an administration that can be achieved. Thiswill also help in understanding both positive and negative influence on macro environmentwithin an organisation. TASK 1P1 and P2Covered in PPTTASK 2P3 Relationship between various organisational functions and its link with firm objectivesThis can be refer as that every enterprise can be formed because they have differentmotives and objectives for maintaining and managing all business operations and functions inproper manner. So this is important for such firms for designing and developing their structure oforganisation and analyse their goals and targets which they need to achieve in effective manner.Hence marks and Spencer is one of the leading public limited company and there are more than85000 employees who work for them for accomplishing potential goals and objectives (Aterido,Hallward-Driemeier and Pagés, 2011). This can be considered as multinational firm which helpin dealing with various segments such as food products, luxury items etc. and also manufacturesuch things which attracts large number of customers. 1
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