Debenhams College Essay Example

can vary from the country to another for cosmetics which Debenhams will need to meet. UK budgetary revenue is based on domestic borrowing which carries approximately 30%. The money is mainly held through taxation and corporate e. g. Debenhams tax at a high level. When compared with other companies, Debenhams does not benefit from this factor, which also impacts on the overall profit of the company. ( REG Debenhams PLC, Interim Results, 2009) In Debenhams Annual Report it is stated that Debenhams meet the regulation of recycling.

Pollution in the UK is a serious factor which the government is aiming to reduce, therefore government introduced the regulation which is reducing and planning to set recycling law. Due to minimum wage regulation of worker, some political factors have affected operations of Debenhams for example the necessary recycling laws. This persuaded Debenhams to continue on its expenses of raw materials as there have to sometimes be recycled. Economic External sources of finance is one of the factors which Debenhams relies on i. e. et charge capital to finance its process which means these basis of finance connect with set interest spending. These major financial costs are economical ramifications that may have an effect Debenhams financial place. ( Debenhams PLC, 2011) The other economic issue that has risen against Debenhams is that goods from competitor organisations have also swarming the marketplace, by providing cheaper and easier availability to access. They are a threatening competition to Debenhams and which may mean having to countenance the consequences of losing money. Recession is one of the main ssues which impact on economic factor. During recession period people who are under normal circumstances

only expect to at least get by, which means they must spend less towards fundamental as opposed to reducing expenditure. People with lower incomes may find it difficult to purchase expensive products from Debenhams store which will then create an overall loss towards Debenhams overall sales. ( Daniel Bannes, 2008) Social Social challenges are very important to every organisation. Before introducing the product or the service it is essential to consider social conditions.

Improper information can lead to complete failure or poor product and service. Mentioning Debenhams, one of the major social issues of Debenhams is changes of taste and style, result stated from declining trend of consumer changing to other products (Debenhams, 2010) . In order to keep consumer demand sustainable Debenhams must think about issues like customs and beliefs of people e. g. geographical areas like Muslim communities wear specific outfits due to their religious beliefs, which illustrates that such issues tend to delay Debenhams’s procedure. Technological

In order to compete with efficiently to its competitors, ( Marks and Spencer) Debenhams must have the access to online selling facility. Customers demand increase as the shopping experience gets easier and quicker, it also enables customers to keep loyal as their needs and expectations are recognised. With the arrival of computerization many of Debenhams’s plant equipment have been used before and out of fashion as they are analogue as opposed to digital. It is a must Debenhams to have new computerized systems that will enable efficiency in production.

However Debenhams improved in a fast computerization program and bought consultancies and professionals to fast track the process. By working with e-business systems and other various advertisement modes in the

electronic media such as blackberry, T. V etc, there has been a high demand from consumers placing orders. Debenhams turnover which was increased by ? 24bn in the year December 2005 to ? 28bn for the period ended December 2006. Conclusion Debenhams stores exist within a balance of external and internal environments which contains complex financial operations geared from servicing its credit ystem, employee satisfaction and profit making. The Human Resources regulations, training regulations, health and safety issues etc enables Debenhams employees to feel as important. In addition, technological improvements in their production enable them to provide better service as they maintain their mass production as well as maintaining quality. This benefits Debenhams to keep up their efficient reputation and credit in international quality awards.