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Internal and External Analysis of Business Environment : Report

This assignment is about understanding the different types of organizations, their size and scope, and how they operate in the business environment. It also focuses on the relationships between organizations and their stakeholders, and how external factors influence business decision-making.

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Added on  2020-01-23

Internal and External Analysis of Business Environment : Report

This assignment is about understanding the different types of organizations, their size and scope, and how they operate in the business environment. It also focuses on the relationships between organizations and their stakeholders, and how external factors influence business decision-making.

   Added on 2020-01-23

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Business and Business Environment1
Internal and External Analysis of Business Environment : Report_1
Table of ContentsINTRODUCTION ...............................................................................................................................31.2 Relationship between different organizational functions and how they link to organizational objectives and structure...................................................................................................................3TASK 2 ................................................................................................................................................51 Positive and negative impacts of macro environment upon business operations........................52.2 Internal and external analysis for the organization in order to strength and weakness and how they influence the decision making process....................................................................................63. The strength and weakness of the Marks and Spencer can be analysed through SWOT ...........7Conclusion............................................................................................................................................8REFERENCES.....................................................................................................................................92
Internal and External Analysis of Business Environment : Report_2
INTRODUCTION Business refers to an activity of exchanging goods and services. Environment of transactionproducts involves internal and external factors as management of supplying items and customers,micro and macro atmosphere of any organization. It aims to optimum utilization of resources aswell proper fund management to achieve highest profit with customer satisfaction. This report isbased on Marks & Spencer retail company of UK and understanding aspects of environmentalfactors and its effect on business entity. The company is one of the largest retail core shops providesfacilities of clothing and grocery items. It produces high quality products and expanses retailindustry at large scale. Therefore, the report will be able to explain various factors emphasis onMarks & Spencer clothing and grocery products and impact of efficiency and effectiveness that howcompany sustain its position in UK market. The report on the business entity is helpful to expressinternal and external analysis of market environment. The strength and weakness of the retailindustry as similar ideas to overcome weakness would be understand here.TASK 11.2 Relationship between different organizational functions and how they link to organizational objectives and structureMarks & Spencer is one of the largest retail industry which produces goods and services ofclothing and grocery items. It is wide spread organization possesses various departments whohandles various functions of the company. These departments are Finance, HR, Research &Development department and other sectors of the entity. Finance department:- Finance department of Marks & Spencer involves activities of fundsand management of sources and investments in monetary terms. It is helpful to analysingeconomic condition of the retail industry. It effects other departments of the firm as accountdepartment, sales, research and development department. It is beneficial to generating ideasfor activities to implement planning strategy and expansion of business.Finance department has connection with Marks & Spencer industry to achieve target of economicdevelopment as well analysing financial position of retail company to create effectiveness in UKmarket and makes position in global environment of clothing and grocery products.Human resource management department:- Private company as Marks & Spencer hashuman resource management department considers human as resource of thecompany(Reinalda., 2013). It focuses on employee better performance and consumersatisfaction. It provides training and development facilities and also motivates its workersfinancially through incentives and bonus facilities. Therefore, employees perform better to3
Internal and External Analysis of Business Environment : Report_3

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