Business environment
Business Environment
Can your business survive?
Marks and Spencer is a retailer department that offers high quality home products, fashionable clothes for women, men and kids as well as luxury food & wine in store and online; from 2,000 suppliers globally. M&S also provide services such as TV installation for free when you buy TV from them, energy resources, insurance, gift wrapping and flowers deliveries. Marks and Spencer belong to the Private sector organisation and it’s registered as a public limited company (PLC) as it sells shares to the public. M&S are one of the UK is most retailer that expanded internationally as it have more than 700 stores in the UK and 337 stores in 41 territories oversees employing 78,000 people (approximately). The business’s finance resources are from retained profit, the owners, shareholders, and bank loans. They compete with BHS, John Lewis, Debenhams and House of Fraser.
Marks and spencer (2012) company overview [Online] http://corporate.marksandspencer.com/aboutus/company_overview [accessed on 04/01/2012] M&S are able to survive because it’s a very established organisation in the UK and internationally. Marks & spencer are the leader of women wear and lingerie in the UK which mean that there is a high demand for their products and the customers are loyal to them. This will make the business continue growing and so it will survive, it will also give M&S the power to grow their market share and suppliers channels. The international stores will support M&S stores in the UK that are affected by the economy’s decrease at the mean time as M&S could invest back its profit from the other oversees countries in the UK stores. However if M&S open a new store in another country and it didn’t survive it will make major loss to the organisation. Shareholders play important parts in making the company survive as they make investment in the business and take action on making changes to
Can your business survive?
Marks and Spencer is a retailer department that offers high quality home products, fashionable clothes for women, men and kids as well as luxury food & wine in store and online; from 2,000 suppliers globally. M&S also provide services such as TV installation for free when you buy TV from them, energy resources, insurance, gift wrapping and flowers deliveries. Marks and Spencer belong to the Private sector organisation and it’s registered as a public limited company (PLC) as it sells shares to the public. M&S are one of the UK is most retailer that expanded internationally as it have more than 700 stores in the UK and 337 stores in 41 territories oversees employing 78,000 people (approximately). The business’s finance resources are from retained profit, the owners, shareholders, and bank loans. They compete with BHS, John Lewis, Debenhams and House of Fraser.
Marks and spencer (2012) company overview [Online] http://corporate.marksandspencer.com/aboutus/company_overview [accessed on 04/01/2012] M&S are able to survive because it’s a very established organisation in the UK and internationally. Marks & spencer are the leader of women wear and lingerie in the UK which mean that there is a high demand for their products and the customers are loyal to them. This will make the business continue growing and so it will survive, it will also give M&S the power to grow their market share and suppliers channels. The international stores will support M&S stores in the UK that are affected by the economy’s decrease at the mean time as M&S could invest back its profit from the other oversees countries in the UK stores. However if M&S open a new store in another country and it didn’t survive it will make major loss to the organisation. Shareholders play important parts in making the company survive as they make investment in the business and take action on making changes to