An in-depth SWOT analysis that assesses both the internal strengths and weaknesses and external opportunities and threats environment of the company is given. The paper concludes with a value chain analysis which examines inbound logistics, operations, outbound logistics, marketing, and sales and services.
Ethics are the moral principles that should underpin decision making, for example, Marks ; Spencer decide to use suppliers who source their products ethically. Marks ; Spencer is a public limited company, this means they have many shareholders, and shares in the company are sold on the stock exchange, in public, so everyone knows about the value and success of the business.
Marks ; Spencer are a market leader in the UK clothing industry, this is the business which has the majority sales in a certain market, decisions this business makes are likely to be followed, or at least scrutinised by other businesses. Stakeholders are groups, people and anything else that has an interest in performance the business.
Marks ; Spencer have many stakeholders, such as, staff, consumers, pressure groups and the government; the government would be interested in the business because they receive tax from the business and may need to regulate the performance of Marks ; Spencer.
Pressure groups are stakeholders for Marks ; Spencer, they look at the way the business is affecting those who cannot speak up for themselves, such as wildlife, if Marks ; Spencer wanted to build a new store on Greenbelt land, wildlife pressure groups could protest against this and force the local authorities to make the business build elsewhere.
One reason in favour of why other businesses should follow the Marks ; Spencer strategy is that they would become more ethical and this would make the whole market trade more ethically. The fact that the price of budget clothing would go up could cause inflation as there are less cheap goods available, causing cost-push inflation.
They will also lose links with cheap suppliers, and this might be seen as unethical because the suppliers would make employees redundant to balance the books.Background of the Company * Marks and Spencer (M&S) of Britain (often referred to as Marks & Sparks by locals) is a general retailer that sells clothes, gifts, home furnishings, and foods under the St.
Michael trademark in the UK, Europe, the Americas and Far East. Marketing strategy is long/medium-term plans, devised at senior management level and designed to achieve the firm’s marketing objectives, Marks & Spencer aim to improve the health of the nation through methods such as providing healthy food, “building a healthier nation” is part of Marks & Spencer’s marketing objectives, which are.
All the marketing news, analysis, opinions and ad campaigns from Marks & Spencer. M&S’s shake-up suggests its ‘one brand’ marketing strategy didn’t work. The decision to split responsibility for marketing into the two strands of its business might seem like a step backward for a retailer with such a strong brand, but it should.
New Marks & Spencer boss Steve Rowe used his first formal set of results to lay out a five point strategy that he hopes will revive the brand by appealing to ‘Mrs M&S’ but also to those customers that shop infrequently at its stores. MARKS & SPENCER CASE:OPERATIONAL STRATEGY AND LOCATION) Introduction In this essay type assignment we are going to look at the various strategies that are undertaken by the organization for improving the services and the quality of product.
Business Strategy Marks and Spencer - Business Strategy Marks and Spencer was established in the s in Leeds, Great Britain, in the form of a bazaar selling a diversified product palette, each item costing only one penny.