External Business Analysis of Marks and Spencer PLC

Individual Coursework
Instruction

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Identifying industry and choosing the UK Public Limited Company.........................................3
Structure of the organization........................................................................................................3
Business organization and nature of organization.......................................................................3
Examining external business analysis..........................................................................................4
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
The environment refers to the surroundings that used to affect the human being and helps
them to survive. The current assignment is based on the Marks and Spencer PLC which is the big
multinational retailer having its headquarter in London, England. The report will outline the
business organization structure and meaning of business organization. Further it will outline
about the STEEPLE analysis in order to analyse the external business environment of company.
This report will also outline the microeconomic factors that used to affect the demand of goods.
Moreover, this report will also outline the determinants of supply and the competitiveness of UK
At last this report will outline the examples of random shocks and discussing the problems the
organization will face.
MAIN BODY
Identifying industry and choosing the UK Public Limited Company
The current standard classification is used in order to classify the business establishments
and several other statistical units in the economic activity they are working. This helps the
different industry to work with different rules and regulations (Okur and Ercan, 2022). The
industry chosen is the retail industry which helps the customers to have the easy availability of
the products in the market. Marks and Spencer is the British multinational retailer having its
headquartered in the London. This is the Public Limited Company, specializes its selling in
clothing, food and home products.
Structure of the organization
The structure of the organization used to play an important role in the market, as it helps
the company to grow and earn good profitability. M&S is used to follow the flat organizational
structure (Kearney, 2022). This is the type of structure which is limited in the levels of the
management between the top-level and front line employees. This type of structure is followed
by the organization in order to have the god decisions-making process.
Business organization and nature of organization
Business organization is the entity that is formed in order to carry on the commercial
enterprise. This also used to describe the structure of the company in order to produce the goods
and services to satisfy the needs of the customers (Han and et.al., 2019). This business
organization is made for the two purpose that is to generate the profit or to improve the society
(not for profit). As the cited organization is retail industry so the aim and nature of the company