For this assignment I am investigating how Marks and Spencer plc works, and I will look at its aims and objectives, functional areas, employment law, communication methods and organisational structure of the company.

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Investigating how Businesses work

Introduction

For this assignment I am investigating how Marks and Spencer plc works, and I will look at its aims and objectives, functional areas, employment law, communication methods and organisational structure of the company.

Marks and Spencer is a publicly owned company in the retail sector. It is in the retail industry and is a large company. The company has been running for many years.

Marks and Spencer is one of the UK’s leading retailers of clothing, foods, homeware and financial services. It serves 10 million customers a week over 300 UK stores.

Aims and objectives

All businesses have aims, this helps them achieve and reach their targets to make their business successful.

Therefore Marks and Spencer’s aim is to attract the customers with appealing, superior quality products at attractive prices. They do this by creating exclusive products for the customers. The company aims to put the customer first in everything they do and offer the highest values of customer care in order to satisfy them.

In order to achieve the aims, businesses need to decide what objectives to take to help them. According to Marks and Spencer’s objectives are to:

  1. Deliver the agreed minimum customer service standards
  2. Carry out and develop new systems
  3. Reduce theft and loss
  4. Create a visually exciting store
  5. Permit people
  6. Improve effectiveness through managing risk
  7. Recruit the right people to provide service standards
  8. Deliver customer focused training

        

Functional Areas

In large businesses people work as a team in order to help the business run smoothly and effectively, they work together in different functional areas which relate to them.

Businesses have these functional areas to help them achieve their aims and objectives.

I will be looking at four functional areas, which are:

  1. Human Resources
  2. Finance
  3. Marketing and Sales
  4. Administration

Human Resources

Human Resources are involved with the staffs that work for the company. The staffs in this area are important because they are partly responsible for keeping the business successful.

The Human Resources staffs are involved in:

  • Recruitment
  • Working conditions
  • Health and safety
  • Training and development
  • Employee organisations and unions

Recruitment

Vacancies for Marks and Spencer are mainly advertised in recruitment agencies, local or national newspaper, local job centres and careers offices. Marks and Spencer has a company policy to reply to every application sent. These applications are filed for 3 months and then are destroyed so applicants will have to reapply every 12 weeks.

There are three ways to apply for a position in store management. You must be either a graduate/undergraduate with a degree or HND and GCSE Maths and English grade C+. For school or college leavers, with A Levels and GCSE Maths and English C+.

Marks and Spencer look for people with high standards, who will enjoy working in the retail environment and they look for people who are good with customers or at customer service and people who will work harmoniously in a team.

Working Conditions

Marks and Spencer has several of working conditions, these include holiday entitlement, hours of work, pay etc.

All staff, including temporary and permanent, is entitled to a holiday each year. This holiday entitlement runs from April 1st to March 31st. You can take a holiday if you have a contract of 13 weeks or more.

Marks and Spencer has a store policy that all staff should plan and book their holiday in advance because the store operates on a first come first serve basis. They need to book their holiday before to avoid any disappointments.

Health and Safety

Many health services at Marks and Spencer are provided for the staff such as the staff doctor, store dentist and smear tests for the female staff.

The staff doctor attends the store regularly to help and give advice. All staff is entitled to make an appointment if they wish to see the doctor.

Every 6 months the store dentist also attends the store for a routine check. He will recommend treatment to staff if needed. A private medical is available to all permanent staff.

Cervical smears are available for the female staff and wives of male employees every 3 years.

Training and Development

Marks and Spencer provide staff with training opportunities. The NVQ programme was one of the largest training programmes they had.

At Marks and Spencer, people skills are important whoever you come into contact with, such as customers, suppliers or members of the staff.

Employee Organisations and Trade Unions

The employees do not officially have union representation, but are entitled to join a union if they wish to. The company wishes all its contacts with unions to be conducted in a decent and co-operative manner.

It is illegal for management to interfere with the right of an individual to belong to an independent union as defined in the Trade Union and Labour Relations Act 1976.

The types of job roles in human resources are:

Job Title                Job Role                                                                

Human resources       Managing the HR department and staff, involved with

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Manager                      industrial relations and trade unions negotiations,

                                    Implementing the organisations HR policies.

Training/staff                 Responsible for training and staff development.

development

Health and safety         Overseeing all the health and safety matters and

Officer                         monitoring

Personnel/staffing        Keeping staff records, monitoring staff welfare

officer

HR administrative        Administrative work relating to the human resources

Assistants                function.

Finance

Businesses need to manage and control the money coming in ...

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