study of H&M Ding Huiru Business Administration Bachelor’s thesis International Business April 2011 2 SAVONIA UNIVERSITY OF APPLIED SCIENCES SAVONIA BUSINESS Degree Programme‚ option International Business Author(s) Ding Huiru Title of study The importance of strategic management‚ Case study of H&M Type of project Date Pages Thesis 27.4.2011 59+12 Supervisor(s) of study 1st Antti Iire 2nd Anneli Juutilainen Abstract Executive organization H&M in Kuopio‚Finland Hennes & Mauritz (H&M) is a 100
Premium Strategic management Strategic planning
PEST Analyses A PEST analysis (also sometimes called a STEP‚ PESTLE or STEEP analysis) looks at the external business environment. PEST stands for Political‚ Economic‚ Sociocultural and Technological. Technological factors in this case‚ include ecological / environmental aspects - the second E in STEEP and PESTLE‚ while legislative factors are included under Political (the L in PESTLE). The analysis examines the impact of each of these factors (and their interplay with each other) on the business
Premium PEST analysis SWOT analysis Marketing
PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
Premium Technology Strategic management Management
Human Resource Management What makes Human Resource Management different? Different sub-streams of Human Resource Management Human resources management originally began as HRM‚ but today it encompasses many well defined sub-streams of functions that can be listed as under: (1) Workforce planning (2) Recruitment (3) Orientation & skills management (4) Personnel administration & compensation (5) Time management (6) Employee benefits administration & personnel cost planning
Premium Human resource management
INTRODUCTION This chapter identifies the main external influences on the UK market for private security and fire protection‚ using the four headings of a PEST analysis: political‚ economic‚ social and technological. Where such influences have more than one dimension‚ they are considered under the heading that is considered to be the most relevant. POLITICAL FACTORS The Terrorist Threat Precautions against terrorist attacks have been stepped up since the events of 11th September 2001‚ and
Premium Security National security Private sector
……………………………………………………………………………………………………………………. 3 1. E-marketing as new competition field …………………………………………………………………………….. 3 2. H&M facts ………………………………………………………………………………………………………………………. 3 II. HM.com as an example of great e-marketing ……………………………………………………………….... 4 1. H&M website’s development of existing business practice and channels of communication 4 2. Reasons to “buy-into” H&M online experience ……………………………………………………………….. 5 3. Organization’s user-friendliness and security concerns ……………………………………………………
Premium
Pest Analysis Demonstrate an understanding of PEST analysis (macro-environmental assessment) by identifying the key factors of change in the environment for an organization of your choice. Critically analyze the impact of these changes on the market and the corresponding strategies to tackle these changes. I would like to propose milk powder in the mainland China as an example to illustrate the PEST analysis. Political - The political arena has a huge influence upon the regulation of businesses
Premium Coca-Cola Soft drink SWOT analysis
in supply chain. Zara Zara is an innovating clothing company which sells clothes throughout the world. Its first shop opened in Spain in 1975. It belongs to Inditex which is one of the largest distribution groups in the entire world. Zara has clothing‚ shoes‚ handbags and furniture. There are over 3.000 Zara stores around the world‚ 205 Zara Kids stores and 272 Zara Home stores. This means that Zara is larger than the American Gap and Swedish H&M! Zara launches about 12.000 collections each
Premium Supply chain management Logistics Mission statement
Emerald‚ business websites‚ respected newspapers and The H&M company website‚ from which this Marketing Planning Process will be based. Business and Marketing theories have been gathered from marketing gurus and scholars such as Jobber‚ Kotler and Porter. Primary research will also be gathered in the form of studying the local H&M stores. The Marketing Planning Process. Business Mission Marketing Audit SWOT Analysis Marketing Objectives Strategic Thrust
Premium Marketing Marketing plan
H&M international human resources report 1) Introduction H&M is an international clothing brand that was founded in Västerås; Sweden in 1947 by Erling Persson and now sells clothes around 38 countries on four continents with more than 2200 stores. It has been expanding strongly for many years‚ the staff are spread throughout the whole world this places a great demand of H&M as an employer. H&M does not own any factories but has a heavy control in all of them ensuring that
Premium Trade union Human resource management Employment