Mark and Spencer
Autor: Antonio • March 8, 2011 • Essay • 377 Words (2 Pages) • 2,213 Views
1) High quality products from the beginning. High turnover with low profit margins.
2) New technologies and inspired them to regard business as social service.
3) transform MandS into a chain of super stores
4) welfare department for employees
5) Large orders, close cooperation to get quality control
6) Narrow concentration, brand image, quality control
7) 1 markup price, easy, standard, food, textiles, operation simplificaiton
8) Good employee relations, commitment to employes - 5
9) Better pay and benefits for employees, promoted from within
1) High quality products from the beginning. High turnover with low profit margins.
2) New technologies and inspired them to regard business as social service.
3) transform MandS into a chain of super stores
4) welfare department for employees
5) Large orders, close cooperation to get quality control
6) Narrow concentration, brand image, quality control
7) 1 markup price, easy, standard, food, textiles, operation simplificaiton
8) Good employee relations, commitment to employes - 5
9) Better pay and benefits for employees, promoted from within
In the textile segment, M&S specialized in a selective range of very high quality textiles aimed at rapid turnover. The product line was mostly essential clothing helping it outlast fashion trends. M&S streamlined
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