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Influence of Globalisation on Organisational Strategy

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Added on  2023-01-16

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This report explores the influence of globalisation on organisational strategy and decision making process. It discusses the interrelationship between organisational functions and the impact of internal and external factors. The report also includes a SWOT and PESTLE analysis of Marks and Spencer, a globally renowned retail corporation.

Influence of Globalisation on Organisational Strategy

   Added on 2023-01-16

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Business Report
Influence of Globalisation on Organisational Strategy_1
Table of Contents
INTRODUCTION...........................................................................................................................1
1. Type, size and scope of organisation......................................................................................1
2. Interrelationship between organisational functions................................................................2
3. Intrinsic and Extrinsic influencers through execution of SWOT and PESTLE analysis........3
4. Influence of globalisation on organisational strategy along with decision making process...6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
Influence of Globalisation on Organisational Strategy_2
INTRODUCTION
An organisation is highly affected by the environment within the confines of which it
operates. In this regard, it is identified that there may be internal or external influence upon the
operations of a company. Both of them need to be analysed by a corporation in order to reduce
the adversities and capitalise upon the positives. The present project is based upon Marks and
Spencer which is a globally renowned retail corporation having it’s headquarter at UK. The
project contains type, size and scope of concerned company along with interrelationship between
different departmental functions. Further, it includes external and internal influence upon the
operations of a company. Lastly, the impact of globalisation over organisational decisions and
strategy is included within the report.
1. Type, size and scope of organisation
Business environment is consisting of several kind of business activities which are
performed by business manager on the basis of the type, size and scope of the respective. With
reference to Marks and Spencer all of these terms are specified as below:
Type
Marks and Spencer belongs to Private type of company which operates its business at
international market scale. The company offers high quality of products and services to its
customers at premium price range. The main objective of Marks and Spencer is to deliver quality
of product to its customers in order to maximise their profitability in effective manner.
Size
Size of Marks and Spencer is very broad as it provides its product and services at
international market place. Product portfolio of Marks and Spencer includes premium quality
clothing products, food as well as home products. All operational activities of the company are
managed and handled by around 78,597 employees who are highly skilled. The company follows
functional organisational structure that makes it easier for the company in executing its work in
rightful and ethical manner.
Scope
The scope of Marks and Spencer is very vast as the company is providing high
importance to the employees. For this, they provide regular based training to them. These
training sessions allows business in growing its performance in rightful manner. Along with this,
1
Influence of Globalisation on Organisational Strategy_3

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