Marks And Spencer Executive Summary

Great Essays
Student Name:
Eltun Gadirov
Student ID:
5945164

Degree Title:
BA (Global Business Management)
Level:
UG Module:
Business Management, and Decision-Making Process
Module code:
206LON
Teaching Fellow:
Sunny Ramsurrun Assignment title:
Coursework 1 Word count:
1.365

I, Eltun Gadirov confirm that this submission is my own work and I accept all responsibility for any copyright infringement that may occur as a result of this submission. Date of submission:
29.02.2016

Marks & Spencer
Executive Summary As the other industries, the garment industry is one of the prominent component, where as a country, the leader is China. Marks and Spencer is one of the UK’s large sized- retailer company, which has a stores over the
…show more content…
In some cases, the problem suddenly occurs in the business, and the way of the leader, will have an impact on the future of the business. If there is an autocratic leader, a business will easily overcome the obstacle, based on the leader’s quick and right decision. However, for the democratic leader, it will be difficult to make a quick and effective decision, because in the normal situations, decision not only taken by the leader, because a democratic leader is listening to others before making a decision. Under the great control, the business will be successful in all cases. There are many successful leaders, who got the highest place, in their business industry, such as the Richard Branson, Steve Jobs, Bill Gates, and so on. They all operated their businesses in a correct way, and made fast and effective decisions, about the business, and expected the future situation of the business, in the future …show more content…
This company tries to hold its customers, by offering a unique, high- qualitative products, in a reasonable price. Marks and Spencer is doing its best in order to get new customers, by the aiming to increase productivity, and efficiency. This company uses The Board style, which is helpful and useful to make right decisions, about the current situation, and anticipate the future. The company is the largest UK- sized retailer, which holds its place, by competing its

Related Documents

  • Superior Essays

    This particular definition clearly states the concept of operations management. It is effectively stated that the operations management offers great growth and fortification to the company as well. The best possible support is made offered to the company by raising its profit margins. It appears to be the most important factor and allows the firm generate the most favorable and productive outcomes. The balance formed would allow the Auto Parts Consulting firm to avoid unnecessary expenditures.…

    • 875 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    Leadership in business is critical, no matter what industry it is, as leading people is a critical part of any successful business enterprise. Although some believe that great leaders are born, there are many qualities that can be developed that can help almost anyone become a great leader. 1. Act Ethically and Honestly The first and most important quality of leadership in business is to always act ethically and honestly, whether you are dealing with a subordinate or a superior. By acting ethically and honestly, a leader promotes similar attitudes in others in the company.…

    • 1084 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    For each consumer 's unique needs and wants, Nordstrom seems to have a solution and developed product mix. Conclusively, Nordstrom has many positioning strategies that distinguishes itself from competition. Positioning strategies are a crucial determining factor for a company 's success and growth. Nordstrom is a leading retailer in customer service and utilizes an omnichannel approach. The combination of these two provides superior experience for the customer, which they are willing to pay a superior price…

    • 961 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    In the profitable business, the complexity increase as some distinct theories like traditional ones they executed other factors also plays vital role in success of organization. The leadership affects business in relations to change management. Due to new management the workforce and operation function becomes effective so there are huge chances of getting in to success path. The change in management is only differing the in leadership methods and techniques. In the organization a wide…

    • 2218 Words
    • 9 Pages
    Great Essays
  • Improved Essays

    The Importance of Client Onboarding Client onboarding is one of the most critical functions for modern businesses. It directly influences servicing, relationships, and customer experience, which in turn impact profits. Winning new customers and keeping existing ones in a competitive market is tough. Providing a differentiated and efficient onboarding process is the key to success. From high-net-worth investors to retail customers and corporate clients alike, businesses have entered a new competitive age where managing the customer experience is a clear differentiator – crucial for growth.…

    • 764 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Generic Logistic Strategy Internal analysis: Brand value = AIDA: Measure the strength of a brand action = buy or not buy -> It is the most important! A = awareness/attention: The company catch the people’s attention with its commercial system where it is described that they hire skilled technicians at your service. Kompan’s system is efficient, flexible and available, also the company provide reliable products. I = interest The company works a lot to win consumer’s loyalty and interest. D = desire Kompan is a very outstanding and impressive brand therefore the company easily arouse desire in consumer’s mind.…

    • 2167 Words
    • 9 Pages
    Great Essays
  • Improved Essays

    First of all, the new company directors must be persons who possess good management skills. It may seem obvious, but it is very common to meet with bosses who do not know how to lead a team. In addition people will be sought with communication skills, who can manage a set of people and are used to working in teams . The responsibility is now more important feature. The human side of managers is more visible and seeks responsible people with a conciliatory personality who work for the good of the business and for the good of their employees.…

    • 974 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Dana Holding Case Summary

    • 1703 Words
    • 7 Pages

    Dana employs value-neutral strategy to increase the base of its clientele and to maintain a high position in the market. The method is usually used by companies that are more concerned with creating a competitive brand in the market than the allocation of resources (Hitt et al., 2014). It helps corporations to improve their business’ operations plans. It involves establishing interaction between departments, initiating regulatory oversight, and ensuring a steady cash flow within the company (Hill & Jones, 2012). Dana relies on the approach to manage its financial activities and to ensure that all its departments work in collaboration to outwit its competitors in the…

    • 1703 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Hitachi Case Study

    • 894 Words
    • 4 Pages

    Which will help in the smooth running of the business and it will also ensure that it is able to reach its full potential. they been financing recruitment agencies with great success for decades, providing essential recruitment factoring to support the day to day running of their business and with their new product Inspired Payroll one also gets the benefit of a ground breaking cloud based administration solution that will free up the time to concentrate on what do the best that is growing the business. Payroll processing solutions provides recruitment business with a cash flow injecton. One Receives funding for the recruitment agency, from an award winning and trusted invoice finance provider. And it boost the cash flow.…

    • 894 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    By strengthening customer relationships, companies protect their existing market share by preventing customers from jumping when a competitor rolls out a hot new offer. Companies can grow market share by satisfying customers who frequently speak at their positive experience to friends and relatives who then become new customers. Companies with the highest market share in their industries almost have the most skilled and dedicated employees. Bring the best employees in board reduces expenditure related to training and turnover, therefore enables companies to devote more resources to focus on their core competencies, offering competitive salaries and benefits is proper way to attract the best employees. Another method to increase market share is by acquiring a competitor, it taps into the newly acquired firms existing customer base and it reduces the number of firms fighting for the same…

    • 1292 Words
    • 6 Pages
    Great Essays