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Business Report: Marks and Spencer. Objectives and External and Internal Factors.

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  • Essay length: 1576 words
  • Submitted: 22/11/2010
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University Degree Management Studies

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Business Report: Marks and Spencer

Generally looking at the retail industry, it could be said to be within a very dynamic and a fast changing sector. In terms of transactions and turnover; it represents a large sector in the economy and so as a result it is quite a sophisticated industry which is very competitive. In this report, a critical analysis of Marks and Spencer, a company who is amongst the large retail industry will be given.

Business Overview

A Russian born Polish refugee opened a stall at Leeds Kirkgate market in1884, his name was Michael Marks. And it was on that day which could be said as the day Marks and Spencer was born. Marks and Spencer is now a very large and dominant company and can be classified as a public limited company, it sits within the top 6 UK retailers. It is a century old retail sector organization, (they are currently celebrating their 125th anniversary) that has seen tremendous growth in the retail business across the globe through innovative methods of business and marketing. It is a business that provides goods and services e.g. clothes, finance and so therefore comes under the tertiary

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