BTEC Higher Nationals Business Project: Equality and Diversity at M&S

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Added on  2023/01/13

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This report analyzes the impact of equality and diversity on business performance, focusing on a case study of Mark and Spencer. It investigates the gender pay gap, employee awareness, and causes contributing to it. The study employs both primary and secondary data collection methods, including questionnaires and surveys, to gather insights. The report examines the importance of introducing equality and diversity in the workplace. It also provides recommendations for improving communication and promoting diverse cultures. The report concludes that equity and diversity are vital for business success in the global market. Gantt charts and work breakdown structures are used for project management. References to academic sources are included.
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Effect Of Equality And Diversity On
Business
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Title
Effect of Equality and Diversity on business”. A case study on Mark
and Spencer.
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Introduction
Equality and diversity plays a vital role in growing the business globally.
Business is able to compete with rivalry prevailing in the open market place by
introducing diverse culture in the working premises. By recruiting skilled and
capable employees from different geographical region, diverse culture can be
build easily in the open market place. For the completion of report, Mark and
Spencer is selected.
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Objectives
To understand the phenomena of gender pay gap in Mark and Spencer.
To understand the impact of gender pay gap on performance of Mark and
Spencer .
To identify various ways to cut down employees turn-out ratio emerged
because of gender pay gap in Mark and Spencer.
To determine the strategies that can be adopted by Mark and Spencer to
eliminate negative impact of gender pay gap from workplace.
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Theme 1: Aware about equality and
diversity at workplace
a) I am aware b) I am not aware
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5
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35 35
15 Frequency
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Theme 2: Understanding regarding
gender pay gap
a) I have understanding b) I don't have understanding
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22
28
Frequency
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Theme 3: Causes of gender pay gap
among staff members in Mark and
Spencer
a) Education b) Work experience c) Size of the firm
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Frequency
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Theme 4: Important to introduce equality
and diversity in the working premises of
Mark and Spencer
a) It is important b) It is not important c) Depending upon businesses
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Interpret data properly to render evidence
of market potential
In order to make the business successful in the global market researcher can
accumulate information from two diffident sources which are, primary data
collection method and secondary data collection method. Questionnaire, survey,
interview and many more are involved in primary data collection method.
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Theme 1: Aware about the term financial
services
a) Yes b) No
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10
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30 30
20
Frequency
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Theme 2: Type of financial services are given
by Vargo Finance
a) Credit cards b) Pension
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5
10
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25 25 25
Frequency
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Theme 3: Improvements in financial services
given by Vargo Finance
a) I think b) I don't think so
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30
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