International Foundation Programme: Marks & Spencer SWOT Analysis
VerifiedAdded on 2023/06/17
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Report
AI Summary
This report provides a SWOT analysis of Marks and Spencer, a UK-based international retail company. Founded in 1884, Marks and Spencer operates across demographic, geographic, psychographic, and behavioral market segments, offering clothing, food, and home essential products. The SWOT analysis identifies the company's strengths, such as high brand recognition and quality products, and weaknesses, including limited market penetration for certain product lines. Opportunities include global expansion, while threats involve stiff competition from rival firms. The report recommends that Marks and Spencer focus on designing clothes with the latest trends and expanding into online sales to increase revenue. The analysis concludes that SWOT helps companies analyze performance and growth scope, referencing research on sustainable bioeconomy and customer integration through virtual reality.
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