Marks and Spencer: Focus on challenges faced by Marks and Spencer

Compare the challenges to selected business activities within Marks and Spencer, in two different economic environments.

Task: Focus on challenges faced by Marks and Spencer.

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– For example demonstrate how economic growth influenced M&S including evidence of research to support your description.

– For example demonstrate how the recession influenced M&S including evidence of research to support your description.

Think about the following:
• pay levels,
• cost of credit (interest rates)
• competitive pressures,
• globalization,
• energy prices,
• supply and demand
• labour
• the ripple effect

Make a comparison of the problems/challenges faced by M&S in the 2 different economic environments.

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