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Dynamics of Strategy - Strategic Analysis of Home Depot

   

Added on  2023-04-21

22 Pages844 Words443 Views
Dynamics of Strategy - Strategic
Analysis of Home Depot
(TASK 1)
Dynamics of Strategy - Strategic Analysis of Home Depot_1
Introduction
The dynamics of strategy is an important in the internal environment of Mark and
Spencer because these strategies are based on company environment, leadership and
management skills and policies. it also put their positive and negative impact on decision
making process. In other hand it is a model, which provide a structure of strategies
management.
Dynamics of Strategy - Strategic Analysis of Home Depot_2
TASK 1
Dynamics of Strategy - Strategic Analysis of Home Depot_3
Introduction about Mark
and Spencer
It is a British retail store which provides different kinds of cloth, food items, foot wear
and some technology based item. This company has approximately 500 stores in UK.
This organization is famous for their customer satisfaction, so for better positive relation
they provide 24 hour home delivery service to their customers. In their retail stores
approximately more than 65,000 people are working with them, so by this, firm reduce
unemployment In their country. Further, company recently open their website, so by using
this website customers can book their order. According to their annual report the present
situation of this organisation is, it is one of the best retail firm in all over the world and
the mission of this firm is based on to provides a good and fast services to their customers
and fulfil their need and desire on time.
Dynamics of Strategy - Strategic Analysis of Home Depot_4
Evaluation of the internal and external
business environment of Mark and Spencer
organization operates
Internal and external environment of organization shows the
strength ,weakness, opportunities and threats of company.
further, also give an information about political, social,
economical and technology environment So for better
understanding usually head managers use SWOT and PEST
analysis which are explains as follows:
Dynamics of Strategy - Strategic Analysis of Home Depot_5
SWOT analysis on Mark and
Spencer (cont..)
Weakness of M&S
Dynamics of Strategy - Strategic Analysis of Home Depot_6

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