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PRO148 Internal and External factors

   

Added on  2022-11-29

1 Pages394 Words86 Views
Leadership Management
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Introduction
The internal factors define to the anything within industry
or under manage of the industry no matter whether they
are tangible as well intangible for business.
These elements after being examined out are grouped into
the strengths or weaknesses of organisation
Marks and Spencer And Its Environment
Name of the Student
External Environment
This defines to those suspicions as well circumstances which
are a company cannot manage the affect on the decision making
procedure. To examine the external based environment of MARKS
and SPENCER, this poster consider PESTLE model to analyse the
different factors that have affect on company.
How the company impact
its context External
Environment
There are some external environments that have impact
on company of M&S, which are covered below as;
Corporate Social Responsibility (CSR): This is a
company’s commitment to manage each of the
environmental, social and economic affect of its brand
operations properly as well in the manner with public
wants or needs. This is a most essential to raise the
value of brand in the marketplace by performing
something for community or their welfare.
Internal Factors
This basically includes the inner based strengths as well
weaknesses. Internal elements can affect how a industry
reach their goals and objectives. Strengths have optimistic
impact on a business or weaknesses have a negative
impact on company. In Context to Marks and Spencer,
there are some of internal elements in this sector that may
have impact as well that are described below as;
Corporate culture: The positive culture of workplace is
most important to operate business without any conflicts
and other issues. If the culture of business is not
appropriate then company also can’t serve best services to
customers and it affect directly to the business growth.
References
Beyne, J., 2020. Designing and Implementing
Sustainability: An Integrative Framework for
Implementing the Sustainable Development
Goals. European Journal of Sustainable
Development, 9(3), pp.1-1.
Habersang, S., Küberling‐Jost, J., Reihlen, M. and
Seckler, C., 2019. A process perspective on
organizational failure: a qualitative meta‐
analysis. Journal of Management Studies, 56(1), pp.19-
56.
PRO148 Internal and External factors_1

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