Friday, April 19, 2019

Financial Analysis Of Marks & Spencer Essay Example | Topics and Well Written Essays - 5250 words

Financial depth psychology Of attach & Spencer - Essay ExampleMarks & Spencer Board comprises of the Chairman, master(prenominal) Executive, one executive director. The Board is trusty for the success of the company. Through the Chief Executive, the Board delegates to management the overall performance of the company through the vista of clear objectives, building long-term management capability and ensuring that the business is managed in conformity with the business principles.Marks & Spencer Board comprises of the Chairman, Chief Executive, one executive director, and four on-executive directors. The Board is responsible for the success of the company. Through the Chief Executive, the Board delegates to management the overall performance of the company through the setting of clear objectives, building long-term management capability and ensuring that the business is managed in conformity with the business principles. Marks & Spencer is into food, clothing, household items, an d financial service business located in the UK with some wholly-owned and franchised operations worldwide. 49.9% of business in the UK is derived from food sales which reputation for 3.2% of market share1. Food sales were up 2.4% in 2005, however, in 2006 food sales were up by 7%. M & S significant international presence contributed 9.1% to the Groups pre-tax profits in 2006. Most of these profits were a result of strong food sales. Food comprises of a big roll up of M&S retail business. M&S food has a sound reputation for gravid quality and innovation.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.