Global Business Environment of John Lewis Partnership

GLOBAL BUSINESS
ENVIRONMENT OF JOHN LEWIS
PARTNERSHIP

Table of Contents
INTRODUCTION...........................................................................................................................3
PART 1..................................................................................................................................4
ANALYSIS......................................................................................................................................5
SYNTHESIS/CREATIVITY/APPLICATION...............................................................................5
PART 2..................................................................................................................................6
EVALUATION................................................................................................................................6
PARAMETERS...............................................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
The global business environment is described as the nature of international trade. The
fundamental way of shaping the nature and dynamics of the global environment. Many forces
were applied to make the global business environment successful. The term “Global business” is
viewed broadly in the context of shared increasingly integrated environment.
John Lewis Partnership is an public limited company dealing in the retailing industry.
The company was founded by “John Spedan Lewis” with headquarter in London, UK. The
company was engaged in the selling of the products such as clothing, cosmetics, watches and
jewelry, gift wares, house wares, furniture etc.
PART 1
KNOWLEDGE AND UNDERSTANDING
Political
The political factor played very important role in impacting the company. There was an political
stability in the personal and household sectors which impacts on the economy of the country.
The corruption level was decreased at high rate in the country. For the enforcement of contract,
the company made a legal framework which was approved by the government of US (Silvius, G.,
2018). John Lewis is showing interest in US because of Brexit uncertainty and because of this
uncertainty that had made a legal framework that was approved by UK government. High
uncertainty of Brexit is affecting most of the high street retailers including John Lewis as well
because of this uncertainty John Lewis is showing interest in US source as well (Chinique de
Armas and Pestle, 2018).
Economic
The economic factors were affected in many ways by the company. John Lewis was one of the
organizations that helped in improving unemployment rate. The inflation rate of UK is quite
stable (Morze,and et.al., 2017). Other than this it has also been observed that whole UK economy
is facing recession and because of this it is becoming quite sensitive to changes in interest rates.
This has increased competition ion each retail sector organization.
Social
The social factor also played a very important role in the development of the company. The skill
level of employees of the organization is very high. The cultures, genders roles, social