Internal and External Factors: Marks and Spencer and its Environment
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Added on 2023/06/08
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AI Summary
This presentation discusses the internal and external factors affecting Marks and Spencer and its environment. It covers political, social, technological, and economical factors and how they impact the company's external environment. The presentation also touches on the importance of external analysis.
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Introduction A business environment is a dynamic environment, in which all the internal and external factors are applied that can helps in growth and also resist of the business. Marks and Spencer and its environment External Environment In a organization many types of functions has been carried out. These functions not only impact of the execution of the company but also has huge impact on the external environment. Political factor Social factor Technological factor Economical Factor How the company impact its context External Environment External analysis :To analyse the external environment is very important for the company, and it can be recognized in very effective manner. Internal Factors Internal environment is the environment in which the organization and company is affected in some internally factors that can directly affects on the production of the company. References Belso-Martínez, J.A., Mas-Verdu, F. and Chinchilla-Mira, L., 2020. How do interorganizational networks and firm group structures matter for innovation in clusters: Different networks, different results. Journal of Small Business Management, 58(1), pp.73-105. Guanhua, C.H.A.I., 2018. Analysis of external environment problems of high- speed railway with measures and suggestions. China Safety Science Journal, 28(S1), p.145.