Marks & Spencer's Environment: Internal and External Factor Analysis

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Added on  2023/06/17

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AI Summary
This report provides an analysis of Marks and Spencer's business environment, focusing on both internal and external factors. The internal factors discussed include employees, finance, and organizational culture, which represent the company's strengths and weaknesses within its control. The external factors encompass political, legal, social, economic, and environmental elements that influence the business from the outside. The report emphasizes how these factors impact M&S and how the company manages its context within these environments. It references academic sources to support its analysis of internal and external influences on organizational development and sustainability.
Document Page
Introduction
The companies use to manage effective working in order to
implement the growth in the business practises and also to
generate the revenue through which the attainment of profit
can be managed. All the business environment complies with
the external and the internal factors which mitigates and
manage the effectiveness and growth in the organisational
areas.
Marks and Spencer And Its Environment
External Environment
These are mainly all those factors which manages and promotes all the
elements that effects the business practises from outside scenarios. It
mainly generates and manage all the economical, political, social and other
factors that contemplates the vary nature of working according to the
classified methods. As in context to M&S it is being mentioned there
under:
Political factor
Social factor
Environmental factor
How the company impact
its context External
Environment
Their are various factors in which the company can create a
major impact as for all the external environmental factors.
As in context to M&S it is being mentioned there under:
Legal factor
Economic factor
Internal Factors
These are generally all the internal approach made by the
company which are managed under the control for all the
tangible and intangible services and working. It is mainly the
analysis of the company on their strength and the weakness
which are adapted by them internally. As in context to M&S it
is being mentioned thereunder:
Employees
Finance
Organizational culture
References
Srakar, A., 2018, July. Internal and external factors in the
development of a network organization in the arts. In
Academy of Management Proceedings (Vol. 2018, No. 1,
p. 18155). Briarcliff Manor, NY 10510: Academy of
Management.
Hajiheydari, N., Maskan, B.H.H. and Ashkani, M., 2017,
April. Sustainable Internet service provider selection:
Affected by internal and external factors (quality and
reputation). In 2017 3th International Conference on Web
Research (ICWR) (pp. 169-177). IEEE.
Sales, S., Burke, M.G. and Cannonier, C., 2019. African
American women leadership across contexts: Examining
the internal traits and external factors on women leaders’
perceptions of empowerment. Journal of Management
History
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