Tuesday, June 11, 2019

The Treasury Profile For Marks & Spencer PLC Essay

The treasury Profile For Marks & Spencer PLC - Essay ExampleThe strategies and policies for dealing these risks are world deliberated in this research essay.M& S is offering high grade quality clothing, exotic food and top grade home products. It has also grow its operations in many foreign nations and is now operating in 43 foreign locations other than UK. M& S offers a wide rake of high grade quality clothing, exotic food and top grade home products, which includes categories like kitchen accessories, house accessories, novelty gifts, decorations, various brands TVs, womens accessories and clothing, mens underwear accessories and clothing, office supplies, lingerie, mens shoes, etc. Marks & Spencer Group is having a centralised Group treasury department to administer the funding requirements of the pigeonholing and to manage the financial risk in tune with its approved Boards treasury procedures and policies and operate within their delegated powers.M&S is having a accede of twenty one million satisfied customers in UK alone. It has achieved only a marginal increase in sales of 0.44% in the year 2009 as compared to 2008 collect to impact of global economic recession. M& S is constantly paying its attention to customers by frequent surveys and research analysis, by monitoring sales and develop feedback from its customers service team.M& S is one of the leading retail chain stores in UK and also operates in many other countries. It has evince sales of M 9062.10 in the year 2009. Given its scale and size of the company, it is under heavy pressure to finance its both working capital need and also in the long-term debt needs. To facilitate its funding needs, M&S group is operating a centralised Group treasury department to administer the funding needs of the group and to manage and control the financial risks in line with its Board of Directors acknowledged treasury policies and with help of their delegated authorities.Treasury

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