Marks and Spencer's Growth: A SWOT and PESTLE Analysis Case Study

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Added on  2023/06/18

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It was founded in 1884
It has over 1463 stores
It net income is over 27.4
millions
HOW IT IMPACTS
THE EXTERNAL
ENVIRONMENT
Positive trade relation
worldwide
Contribution in UK's
economy
Delivering services
with advanced
technology
Creating sustainable
environment
Creating job
opportunities
Promotes health and
well being of
individuals
CONCLUSION
REFERENCES
Elavarasan, and et.al., 2020. SWOT analysis: A framework for comprehensive evaluation of drivers and barriers for renewable energy development in significant countries. Energy Reports. 6. pp.1838-1864.
Hajizadeh, Y., 2019. Machine learning in oil and gas; a SWOT analysis approach. Journal of Petroleum Science and Engineering. 176. pp.661-663.
OPPORTUNITIES
Development of Website
New market segment
Brand expansion
THREATS
Competitive prices
Political instability
Unstable economy
WEAKNESSES
Limited market share
Fake imitation products
STRENGHTS
Powerful brand
Value for money
Worldwide operations
POLITICAL
FACTORS
Increase price of
products
Negative effect
of Brexit
ECONOMIC
FACTORS
High
competition
Recession
resulting in 2%
cut in staff
member
SOCIAL
FACTORS
Attracting
different
demographics
Quality products
with promoting
health and well
being
TECHNOLOGI
CAL FACTORS
Self checkouts
Online
shopping
LEGAL
FACTORS
Heath and safety
at workplace
Legal standards
and framework
for M&S
ENVIRONMENTA
L FACTORS
Plastic
consumption
reduction
Reduction in
carbon footprints
It can be summarised that with effective analysis of the external and internal factors, it helps the company in formulating strategies that will help in increasing the share market of the
company. Thus, leading the company towards growth. And with the use of SWOT and PESTLE analysis, it has helped the company in identifying the threats and weaknesses that is
affecting the brand's growth
MARKS AND SPENCER
SWOT ANALYSIS
PESTLE ANALYSIS
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