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Context of Business Assignment - Marks & Spencer

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Added on  2021-02-19

Context of Business Assignment - Marks & Spencer

   Added on 2021-02-19

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Context Of Business
Context of Business Assignment - Marks & Spencer_1
Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3CONCLUSION................................................................................................................................5REFRENCES...................................................................................................................................6
Context of Business Assignment - Marks & Spencer_2
INTRODUCTIONCorporate social responsibility is the efficient business practice adopted by company infavourable of environment, economic and social factors to achieve the long term sustainabledevelopment. It helps the business to enhance its image and motivate the business owner tosafeguard the interest of surrounding where business is operated (Aguinis and Glavas, 2012). Tobetter understand the essay Marks and Spenser has been selected which is multinational retailstore of UK. It basically offer clothing, home décor product as well as food items in bothnational and internation market. This essay comprises of importance to manage theresponsibility, sustainably and behave ethically to handle social, cultural, economic andenvironmental issue. MAIN BODYMarks and Spenser was established in 1884 by Michael Marks and Thomas Spenserwhich is basically into retail sector and its headquarter is in United Kingdom. The company offersupreme quality of fashion stuff as well as stylish home ware items. It operate in more than fiftyseven countries and has around fourteen hundred retail store which has made it one of theleading retailers in its home country. Further, selected company has successfully build goodsupply supply relationship to manufacture high quality and unique design product (Cheng,Ioannou and Serafeim, 2014). Corporate social responsibility include three category such as economic, social andenvironment responsibility that helps in the sustainable development of company (Brammer,Jackson and Matten, 2012). Thus, company apply all the aspect in a balanced way to build theeffective image of business and prioritise all the thing effective. In context to Mark and Spenserhas adopted Plan A as a corporate social responsibility activity that helps in the management ofwaste as well as sustainable use of raw material (Crowther and Seifi, 2018). As Marks andSpenser is one of the leading company due to which it makes most of the dealing from its onlineplatform that is via website. It include the various category of product for men, women andchildren, home decoration product and so on. Moreover, company is making significant effort tograb the attention of customer through digital media as it provide convenience to customer, savethe consumption of fuel which is non renewable resources as well as try to keep control on the
Context of Business Assignment - Marks & Spencer_3

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