Marks and Spencer and Its Environment: SWOT and PESTLE Analysis
VerifiedAdded on 2023/06/18
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Report
AI Summary
This report provides an analysis of Marks and Spencer's business environment, utilizing SWOT and PESTLE frameworks to identify internal strengths and weaknesses, as well as external opportunities and threats. The SWOT analysis highlights the company's strong reputation and experience in the UK market as strengths, while addressing customer satisfaction issues related to return policies as weaknesses. Opportunities include investing in the online store, and threats involve competition from companies like Amazon and eBay. The PESTLE analysis considers political factors such as declining free trade costs, economic stability in the UK, and social factors like the rapidly evolving fashion industry. The report also addresses the impact of Marks and Spencer's business practices on the external environment, particularly regarding sustainability and CSR initiatives like environmental-friendly production and low wastage formulas. The conclusion emphasizes the importance of internal and external analysis for identifying market opportunities and threats, as well as recognizing internal strengths and weaknesses.




