Business research Essay Example | Topics and Well Written Essays - 750 words - 1

Business research - Essay Example The company’s recent expansion was in 2011 when Topshop launched its operations in Australia. Topshop is a significant component of the Arcadia Group that owns several retail outlets. There are close to 440 shops under this business name of Topshop in 33 counties. The management of this organization also allows it to conduct some of its business operations using the online criteria (Davis & Baldwin 2005, p. 112). Mark & Spencer is also based in Britain and retails in clothing and luxury foods. Michael Marks and Thomas Spencer founded it in 1884 (Your M and S 2012). Its Headquarters are in Westminster London; however, it has more than 1000 stores are spread across Europe. The company is denoted as M&S or Marks and Sparks. It has close to 81, 000 employees who facilitate its realization of exemplary profits (Davis & Baldwin, 2005, p. 112). These companies have various stakeholders who facilitate the growth of the respective enterprises. For example, Topshop’s website reveals that its chief stakeholders are its employees, customers and suppliers. The website also acknowledges that other stakeholders include business enterprises, which collaborate with them. Mark & Spencer describe its chief stakeholders as the two proprietors mentioned above. Other partners also own the company apart from Michael Marks and Thomas Spencer. These are stakeholders in this retail outlet. Their final stakeholders are their employees (Davis & Baldwin 2005, p. 112). Stakeholders play significant roles in the entire operations of these two companies. These stakeholders have diverse expectations on organization’s purpose and choice of specific strategies. The management of the companies expects to register high profit levels in their respective operations (Preble 2005 p.112). They choose strategies that will facilitate the growth of these businesses. For example, both companies have employed e marketing that is a strategic