Report on Business Environment Analysis of Marks and Spencer

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Added on  2021/01/02

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This report provides a comprehensive analysis of the business environment of Marks & Spencer (M&S), a major retail company. It begins with an introduction to the business environment, highlighting internal and external factors impacting an organization's operations. The report then delves into M&S's organizational structure, presenting it as a flat structure, and details its various functions, including finance and human resources. The report examines the positive and negative impacts of macro-environmental factors such as political, economic, sociological, technological, legal, and environmental factors on M&S. Furthermore, it conducts a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis to assess M&S's internal and external positions and interrelates strengths and weaknesses with external macro factors. The report concludes with a summary of the findings, emphasizing the importance of adapting to the dynamic business environment.
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Business & Business
Environment
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Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................4
.....................................................................................................................................................5
..........................................................................................................................................................7
..........................................................................................................................................................8
..........................................................................................................................................................9
........................................................................................................................................................10
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........................................................................................................................................................14
TASK 2..........................................................................................................................................15
P3 Organizational structure and functions................................................................................15
TASK 3..........................................................................................................................................17
P4 Positive and negative impact of macro environment on business operations .....................17
TASK 4..........................................................................................................................................18
P5 Internal and external analysis...............................................................................................18
P6 Strengths and weaknesses interrelate with external macro factors......................................19
CONCLUSION..............................................................................................................................20
REFERENCES..............................................................................................................................21
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INTRODUCTION
Business environment is a combination of internal and external factors that affect an
organization's operations. It includes consumers, suppliers, competitors, economy, laws and
social trends. It is dynamic, unpredictable and differs among different countries. M & S is a retail
company based in London and was founded in 1884. It has to make decisions by identifying and
responding to several opportunities and threats in its environment.
This report will explain different types of businesses, their size and scope. It will present
interrelationships of various functions of M & S and how they are linked to its organization
structure. It will also identify positive and negative impacts on business operations by macro
environment, analyses their strengths and weaknesses, and how they interrelate with external
factors.
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TASK 1
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