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Economics and the Business | Mothercare plc

   

Added on  2022-08-20

15 Pages2606 Words11 Views
Running head: ECONOMICS AND THE BUSINESS
Economics and the Business
Name of the Student
Name of the University
Author note

ECONOMICS AND THE BUSINESS1
EXECUTIVE SUMMARY
The aim of this study is to examine a company that failed in business. This paper also analyses
the micro and macro-economic environmental factors that affected the business of the company.
The company chosen for the paper is Mothercare, a retail business from the UK.

ECONOMICS AND THE BUSINESS2
Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
The effect of the micro and macro environment of the country on the Mother care...................3
Micro-economic environmental factors.......................................................................................5
Macro-economic environmental factors......................................................................................8
Conclusion.....................................................................................................................................11
References......................................................................................................................................12

ECONOMICS AND THE BUSINESS3
Introduction
The paper is associated with the failure of an organization. The chosen organization for
the paper is Mothercare plc. A British retailer, which specializes in the products for the children
of particular age and expectant mothers (Wells and Danskin 2014). The organization failed in
business and shutdown many stores of various places. As a result, it affected the economy as
well as employees of the organization. The role of the micro and macro environment is huge on
the growth and sustainability of the organization. Therefore, the organization is affected by the
several micro and macro-economic factors of the economy. Hence, this paper examines those
factors such as micro and macro-economic factors of the economy which affected the
performance of the company. Therefore, it also emphasizes on the impact of the economy on the
business of the organization. In addition, this paper also examines the reasons behind the failure
of the organization and how the recovery plan of the company did not work for it.
Discussion
The effect of the micro and macro environment of the country on the Mother care
One of the British retailer is Mothercare plc, which was founded in 1961
(Mothercareplc.com 2020). There was two founders of the company namely James Goldsmith
and Selim Zilkha. The products offers by the company includes one for children up to eight years
of age and other for expectant mothers. The company offers in general merchandise products for
the children. It is listed company on the London Stock Exchange. Headquarter of the
organization is in Cherry Tree Road of the Watford, Hertfordshire (Chenchehene and Mensah
2014). The administration of the company includes the retail arm of the company that is in UK
and other business service division as of November 2019. In addition, the company also decided

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