P5- Boom and Recession
P5
In this publication, I will be speaking about how different businesses have experienced financial boom and recession. The two businesses I will speak about are: Marks and Spencer’s and Primark. I feel that these two businesses will provide so much information about their experiences of booms and recessions. Marks and Spencer’s was founded in the year of 1884 by Sir Michael Marks and Thomas Spencer in Leeds. Since founding this worldwide organisation, they have had over 1010 stores open and fully fundable from the year of 2010. Marks and Spencer’s have been an amazing establishment over the years, because of what they do and how they have coped over the years, which they have been founded for. Marks and Spencer’s are a plc. establishment, which have been located all over the nation. Every Marks and Spencer’s, have different produce in every different store. They are excellent in selling food products and clothing. In the city of Westminster, London, with over 700 stores and fully stocked with anything that you would need.
Marks and Spencer’s would have gained profit from a ‘BOOM’, because they price their good quite cheap and reliable and they know from experience on how to make a business from the ‘BOOM’. This means that they are targeted to becoming a success in the business industry. They are not a cheap establishment such as ‘ASDA’, because they have reliable stuff and they do not go for any cheap prices. This shows that Marks and Spencer’s are a reliable establishment and that they can show how business can be made by having a ‘BOOM’. The money and the profit, that Marks and Spencer’s get out of all of the customers, which visit the establishment would be counted at the end of the working day.
The recession side for Marks and Spencer’s would be kind of difficult, because they wouldn’t know how to deal with money flowing away from them and it would be a hard task to complete. Customers would not want to shop at Marks and Spencer’s, if they were in a
In this publication, I will be speaking about how different businesses have experienced financial boom and recession. The two businesses I will speak about are: Marks and Spencer’s and Primark. I feel that these two businesses will provide so much information about their experiences of booms and recessions. Marks and Spencer’s was founded in the year of 1884 by Sir Michael Marks and Thomas Spencer in Leeds. Since founding this worldwide organisation, they have had over 1010 stores open and fully fundable from the year of 2010. Marks and Spencer’s have been an amazing establishment over the years, because of what they do and how they have coped over the years, which they have been founded for. Marks and Spencer’s are a plc. establishment, which have been located all over the nation. Every Marks and Spencer’s, have different produce in every different store. They are excellent in selling food products and clothing. In the city of Westminster, London, with over 700 stores and fully stocked with anything that you would need.
Marks and Spencer’s would have gained profit from a ‘BOOM’, because they price their good quite cheap and reliable and they know from experience on how to make a business from the ‘BOOM’. This means that they are targeted to becoming a success in the business industry. They are not a cheap establishment such as ‘ASDA’, because they have reliable stuff and they do not go for any cheap prices. This shows that Marks and Spencer’s are a reliable establishment and that they can show how business can be made by having a ‘BOOM’. The money and the profit, that Marks and Spencer’s get out of all of the customers, which visit the establishment would be counted at the end of the working day.
The recession side for Marks and Spencer’s would be kind of difficult, because they wouldn’t know how to deal with money flowing away from them and it would be a hard task to complete. Customers would not want to shop at Marks and Spencer’s, if they were in a