Closure of Marks and Spencer in France
Executive Summary:
In this report I have discussed case of closure of Marks and Spencer (M&S) in France; also discussed the briefed back ground of the M&S and then described the literature view on institutional perspectives as these are neo-liberalism, Neo-corporatism and Marxism. The M&S is basically UK based company and faced the issues during closure of its function in France; because institutional perspectives of the both countries are different from each other, therefore, while the closure of M&S store in France, legal, political and social issues arose. The case of the closure of M&S analyzed briefly in light of institutional perspectives and how the M&S top management faced the issues while the closure of M&S in France.
Keeping view the case and institutional perspectives of both countries I have suggested International human resource management strategy and orientation for Marks and Spencer. The international HRM strategy -matching and adapting human resource practices and polycentric philosophy- I have recommended to M&S. If they adopted this they might not have the problems and neither they get failed during the closure of M&S stores in France.
In the end, I have recommended that HR manager in headquarter should be given the training about the institutional perspectives and labor laws of the countries where Marks and Spencer is having its units/subsidiaries.
Table of Contents
Introduction
Explanation of Institutional Prospective and Analysis of M&S Case and understanding International Employment Relations.
Neo- liberalism
Neo-Capitalism
Marxism
Analysis of Case
International HRM Strategy or Orientation for M&S
Recommendations
References
Introduction
In this report I have to discuss analysis the case of closure of Marks and Spencer (M&S) in France in light of institutional prospective and international employment relations. Before analysis the case I will give short brief of the Marks and Spencer case.
M&S is very famous and having main street retailing stores in all over the UK. M&S started its business through partnership in 1894 and