An analysis of the micro and macro environment of M&S Research Paper

An analysis of the small and macro environment of M&S - look into Paper ExampleHowever, the company has reported a decline in sales in the current year with a significant reduction of 8.1% in purchases that are made through online mediums (Ahmed, 2014).Even though, the brand name and customer loyalty which is linked with M&S has survived and even grown tremendously over a significant period, the companys pecuniary woes and slumping sales have emerged as a cause of concern for the management and shareholders. As reported by Rankin (2014) the companys homeware and clothing divisions have been marked by the demonstration of disappointment monetary performances over a period of the past twelve financial quarters. Despite of the commitment shown by CEO Marc Bolland that revival would come soon enough, the companys woes which have recently been maximized because of a serious website error and tie in technical issues continue to grow (Ahmed, 2014). Moreover, competitive concerns from l ocal brands like Primark and international heavyweights like Zara postulate that the company may have to experience challenges in footing of exploring more viable opportunities in the clothing division (Ruddick, 2012).This research aims to aid the development of a critical assessment and analysis of Marks and Spencers micro and macro economic situation for the purpose of evaluating the future prospects and options which are available for the company to successfully and effectively cope with present issues.The framework or put of a SWOT analysis is an imperative component in assessing and examining the internal and external issues and prospects within a firm. As noted by Hill and Westbrook (1997), the cover of SWOT analysis can aid companies in decision making procedures and aid the development of long term corporate planning to meet the particular requirements which have been outlined by the designated objectives at corporate, business, operational and tactical