Finance

INTRODUCTION
Accounting and Finance
Accounting.
Accounting is an essential tool in every organization. It helps to measure economic informations of organizations and provide an instant report as and when required. It helps to identify problem and take ontimely decisions. It key function of method of accounting is to help measure financial transactions.
Finance.
Finance deals in the ship canal currency be used to raise and invest in the business. The business raises funds from investors and then use the same funds to make investment to increase the business.


M&S

M&S was started in 1894. Currently M&S has 622 stores in the UK and 278 stores internationally and employs 75000 people UK and abroad. It also has a huge chain of suppliers internationally. M&S cloathing and footware market share is 11.2% and 11% in slew and value respectively. The market share of food is 4.3%. There are 3.1 million M&S money credit card are in circulation.

NEXT.

Next launched its retail chain in 1982. Next is a UK based retailer offering stylish, level-headed quality products in clothing, footwear, accessories and home products. Next has a issue forth of 650 retail outlet out of which 150 are public exposure internationally engaging employment of 39345 people.

Retail Market all over view in the UK

The UK retail sector is saturated.



New entance into UK retail sector is far from being easy. M&S, NEXT plc and Argos are the major companies in the retail sector of UK .


Sector


Mark & Spencer

UK is the indigenous market with over 600 stores across. It has its own stores as well as franchise stores which contributes to M&Ss volume of gross revenue by reaching to large number of people.

Food portion:
The food sector of M&S has shown an increase that is 4.3% in 2007/8. New and improved food products are launched to sustain the lively customer and attract customers. Improved ways of advertising is take to familiarize the customers. M&S food products are infixed and fresh. This attracts...If you want to get a full essay, order it on our website: Orderessay



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