Next Plc Strategic Management Analysis

Next Plc Strategic Management
Analysis

TABLE OF CONTENTS
 INTRODUCTION
 PESTLE ANALYSES
 INDUSTRY ANALYSES
 COMPETITIVE RIVALRY
 POETER’S FIVE FORCES THEORY

INTRODUCTION
● Strategic analysis is all about a procedure that includes research of a surrounding of a firm
inside which it is operating.
● It is important to make a strategical plan for the creation of all decisions and flexible
working of that firm.
● Next plc has been taken as a base firm which is a British multinational firm founded in 1864
by Joseph Hepworth. It is having various categories such as clothes, footwear, beauty and
many more with many segments such as NEXT online, retailing, finance and so on.
● General environment of this firm is lessen the environmental effect by reducing the
internsity of carbon and natural resources used (ENVIRONMENT,2022).

PESTLE Analysis
 Social factors:
 Economical Factor:
 Political Factor:
 Technological factors:
 Environmental factors:
 Legal factors:

Structure and nature
● Next plc is a retailing firm in a United Kingdom which is
offering and sells clothes, foot wears, accessory, beauty and
commodities related to home by self owned and franchise
stores. This firm gives facilities related to the credit to next pay
acquisition for its workers and managing various properties.
● For the prevention of an economical warming, the United
Kingdom governance and its leading finance organization are
keen to suppress user payment. It is working with the supplier to
reduce the environment effect of the commodities they are
selling. This is found in 1981 who has the motive to offer
beautiful planned, good quality of clothes and home wares
which are so much accountable in sourcing and accessible in

Porter's five forces Analysis
 Threat of new entrants:
 Threat of substitute products:
 Rivalry among existent firms:
 Bargaining power of suppliers:
 Bargaining power of buyers