Question :
This assessment will cover following questions:
- Marks & Spenceris a retail industry in UK. Determine the Value Chain Model proposed by Porter (1985).
- Select and explain a business familiar to you which operates in the UK.
- Use the Value Chain model to examine the internal environment of your chosen business.
- Review on the usefulness of the Value Chain Model in helping you understand the internal business environment of your chosen company.
Answer :
Organization Selected : Marks and Spencer
INTRODUCTION
Business environment can be defined as the factors that put an impact in conducting business activities. These factors include internal as well as external factors. Factors that influence business environment put an impact on customer relationship with business organisation. In this report Marks and Spencer is taking as an organisation. This report is brief about the Value Chain Model that is proposed by Porter. This report also brief about the Marks and Spencer that is taking as an organisation to state about business environment. This report also analyse the internal environment of the organisation based on the Value Chain Model.