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Technological Solutions for Marks and Spencer

   

Added on  2023-01-18

14 Pages3913 Words27 Views
Business DevelopmentFinanceData Science and Big DataStatistics and Probability
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Business management
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Contents
INTRODUCTION...........................................................................................................................3
Question-1 Discuss about the Retail industry and Justify the selection of Marks and Spencer
on the basis of products, services and involvement within global world....................................3
Question-2 Information systems within different functional areas of organisation (Marks and
Spencer).......................................................................................................................................6
Question-3 Describe about the key concepts within Marks & Spencer, differences between
strategic, operational and tactical data.........................................................................................7
Question-4 Describe about the suitable technological solutions that implement in Marks and
Spencer......................................................................................................................................10
Question-5 Determine the professional, ethical, social and legal consideration within Marks
and Spencer................................................................................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
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INTRODUCTION
Business management is defined the process of managing, coordinating the organization
business in terms of production, money, machines that mainly involves both for marketing as
well as innovation. In this report, it will discuss about the Marks and Spencer based on retail
sector which providing the better quality of selling products in global marketplace.
This report will discuss about the retail industry where choosing Marks and Spencer on
behalf of its overall products and services. It will describe about the different key factors which
analysed overall operational, strategic and tactical information of organization. Furthermore, it
will determine the suitable technologies that used as a solution for implementing in the Marks
and Spencer. There are different factors related ethical, professional, legal and social in the
business.
Question-1 Discuss about the Retail industry and Justify the selection of Marks and Spencer on
the basis of products, services and involvement within global world.
Retail industry is associated with the selling goods and services of customer in exchange
for money. It can be sold various products through stores, kiosks and even by mail or internet. It
is mainly based on the enterprises which including grocery, drugs and other convenient for
consumer in global marketplace. Marks and Spencer is one of most common British
multinational retailers in London which specialises in selling high quality of home products, food
items and other clothing’s. It is mainly listed on the London stock exchange which are
constituently. M&S was founded in 1884 by Thomas spencer and Michael marks which has
established 959 stores across in UK (al Habibi, 2019). It mainly including 615 different types of
food products. it provides different type of products related the women’s clothing, uniform of
girls that were branded under different ways. It also mentions large range of general merchandise
which became selling the item in different countries. It is based on the real time organization that
establishing their business in multiple locations. Marks and Spencer is a private firm that
provide different products and services in global world. It is the largest retail chain that operates
in UK but exporting item in other countries.
The organization has always run newspaper and magazines or other type of advertisement
medium which introduce the details of items. It always tries to added featured in the
advertisement during 1950s to 1960s. Marks and Spence continuously expanding the business
through strategic planning for growing online medium reach across the country. The brand
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Technological Solutions for Marks and Spencer_3

resonates with the consumer in nation and also combined with the establish store estate, offering
online services. Marks and Spencer always focused on the potential growth in market where It
can improve scale of relevance from other nation (BenDaya, Hassini and Bahroun, 2019). It will
continue to operate own business in Hong Kong, Ireland which are more profitable with strong
brand awareness and also established more store on basis of consumer demand. It also trades
online in 21 different market for reaching customer through localised owned and operated
websites.
Web Address: https://www.marksandspencer.com/
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