Changes in Business Model for Pollution Management in Fashion Industry

Global business
environment

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK 1 Critically analyse the changes that the company have made in the last few years to their
business model to self-regulate and adapt to some of the concerns raised by the different
stakeholders above...........................................................................................................................3
SWOT Analysis..........................................................................................................................3
PESTEL Analysis........................................................................................................................4
TASK 2 Critically explain if these changes have/will give the company some form of
competitive advantage position and provide any relevant recommendations to management of
this organisation...............................................................................................................................6
Porter’s 5 Forces Model..............................................................................................................6
Porters Value chain.....................................................................................................................7
CONCLUSION................................................................................................................................7
REFERNCES:..................................................................................................................................8
Books and Journals:....................................................................................................................8

INTRODUCTION
The fashion industry is considered to be the second largest pollution creating industry in
the whole world. This is because fashion trends are continuously changing which makes people
of the society demand the same. Apart from the pollution in manufacturing, it is also seen that
there been a significant increase in wastage also. As the fashion changes people discard the
outdated clothes. This has caused a high wastage piled up which has resulted in hampering the
sustainability of the economy. In order to manage the waste and bring sustainable development,
organisations are focused on working for the same by determining the factors that affect the
same. The report being studied is carried on the same as which factors and in what manner they
are required to be (Das, and Kundu, 2018) analysed so that situations can be controlled. To this
the organisation being undertaken is Marks and Spencer's whose evaluation is made as how it is
working for pollution management. Marks and Spencer's group plc is a British multinational
organisation that is headquartered in London and is dealing in wide variety of emerging fashion
trends. For this several factors are determined by the help of various tools. The tools studied are
SWOT Analysis, PESTEL Analysis, Porter’s 5 Forces Model, and Porters Value chain that
proves effective in studying the existing conditions in a proper manner.
MAIN BODY
TASK 1 Critically analyse the changes that the company have made in the last
few years to their business model to self-regulate and adapt to some of the
concerns raised by the different stakeholders above.
The changes that company has faced in the previous few years was only possible because
of pre evaluation of determinants and properly following them. They can be studied through
processing SWOT Analysis and PESTEL Analysis.
SWOT Analysis
To determine the internal factors that persuade economy can be studied through
performing SWOT analysis. It studies Strengths, Weakness, Opportunities and Threats which
can be evaluated as:
Strengths: The major strength of fashion industry is that they share a wide market, which
reaches to a wide market. They (Dinçer, Yüksel, and Adalı, 2019) are working on large scale