Business and Business Environment of M&S

BUSINESS AND BUSINESS
ENVIRONMENT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Purpose of private, public and voluntary organisation with their legal structure.............1
P2 Size and scope of different types of organisation.............................................................2
P3 Relationship between various functions of M&S to accomplish organisation mission and
objectives................................................................................................................................3
TASK 2............................................................................................................................................5
P4 Positive and negative impact of macro environment on business operations of M&S.....5
P5 Internal and external analysis of M&S..............................................................................6
P6 How strength and weaknesses interrelate with external macro factors.............................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

Illustration Index
Illustration 1: Proportion of voluntary organisations in the UK by number, income, expenditure
and assets, 2013/14 (%)...................................................................................................................3
Illustration 2: SWOT analysis of M&S...........................................................................................7
Illustration 3: PESTLE analysis.......................................................................................................9

INTRODUCTION
Business environment play very important role in success of its operations and functions.
It assists to identify strengths, weaknesses, opportunities and threats. In order to analysis
company growth, successful results can be made in systematic manner (Isik, Jones and Sidorova,
2013). In this context, present report is based on the Marks and Spencer (M&S) which is leading
in retail business of UK market. The company operating their functions and operations in more
than 1,433 stores in all over the world. They are providing online services with effective quality,
own brand food and home products in all over the market. In order to gain insight knowledge of
the firm, present report covers purpose of private, public and voluntary enterprise and their legal
structure. Furthermore, it includes size and scope of M&S and other enterprises as well.
Moreover, reports assist to identify positive and negative impacts of the macro environmental
factors on the business operations of M&S.
TASK 1
P1 Purpose of private, public and voluntary organisation with their legal structure
In order to analysis internal and external environment, M&S has opportunities to shows
their internal business in term of strength and weaknesses and opportunities and threats that are
exists in the of the enterprise. SWOT analysis determines spark to the strategic ray that assists to
make its planning (Anderson, Sweeney and Cochran, 2014). In this context, following SWOT
analysis has been developed in the selected business unit:
Private organisation: Private enterprise is the most important part of the country
economic system which run by several individuals, companies, etc. to earn more profit.
Therefore, their main aim is to run business to make high profit in the enterprise. Therefore, they
seek to implement decision according to own way to run operations (Glova, Sabol and Vajda,
2014). In this context, M&S has main aim and purpose to accomplish the goals of the
management to make effective functioning in the business. They have desire to earn more money
through attract several customers within the organisation. In addition to this, the company has
separate legal entity because it owned by shareholders. Each shareholder of the organisation has
important part which run by board of directors. Further, the chosen enterprise using hierarchical
structure to deliver proper and right information that helps to maintain customer loyalty.
1