Marks & Spencer Business Environment: A PESTLE & Porter's Analysis

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Added on  2023/06/12

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This report provides an analysis of the business environment impacting Marks & Spencer, a prominent UK retailer. It employs the PESTLE framework to evaluate political, economic, social, technological, legal, and environmental factors influencing the company's operations. Furthermore, Porter's Five Forces model is applied to assess the competitive intensity within the industry, considering the threat of new entrants, the bargaining power of buyers and suppliers, the threat of substitute products, and the intensity of competitive rivalry. The analysis aims to provide a comprehensive understanding of the external and internal factors that affect Marks & Spencer's strategic decision-making, growth prospects, and overall sustainability in the market. Desklib provides access to this and many other solved assignments for students.
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Business Environment
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Table of Contents
Introduction
PESTLE Analysis
Porters five force analysis
Conclusion
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INTRODUCTION
Business environment is a combination of all internal and external factors such as
customer needs, employees, management, clients, market trends and economic
changes that effect the operations of business(Leke, Chironga and Desvaux, 2018).
Marks and Spencer is a well renowned retailer in the market of UK which is
headquartered in London, England.
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PESTLE ANALYSIS
Political factors
Environmental factors
Social factors
Technological factors
Legal factors
Environmental factors
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PORTERS FIVE FORCES ANALYSIS
Threat of new entrants
Threat of substitute products
Bargaining power of Buyers
Bargaining power of suppliers
Competitive rivalry
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CONCLUSION
It is concluded that business environment helps company in analysing competitors strategy
and actions for implementing better strategies in order to achieve growth and sustainability
in market.
The presentation evaluates the impact of external and internal factors by applying Pestle and
Porters five forces model which helps in understating the competitive market and provides a
complete picture of the factors that can impact the company's profitability and growth.
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References
Leke, A., Chironga, M. and Desvaux, G., 2018. Africa's business revolution: How to succeed in the
world's next big growth market. Harvard Business Press.
Tarabasz, A., Selaković, M. and Abraham, C., 2018. The classroom of the future: disrupting the concept
of contemporary business education. Entrepreneurial Business and Economics Review, 6(4). p.231.
Vlados, C., Deniozos, N. and Chatzinikolaou, D., 2018. Towards a new approach of local development
under crisis conditions: Empowering the local business ecosystems in Greece, by adopting a new local
development policy. International Journal of Regional Development, 5(1). pp.1-24.
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