The Significant Level of Success of Marks and Spencer Stores Research Paper

The Significant Level of Success of Marks and Spencer Stores - Research Paper Example In viewing the resources of the company, it is important to determine the assets that Marks and Spencer have at present. Although the data only provides consolidated assets, it is sufficient to define the capacity of the company to improve its performance. Overall, the assets of the company are higher than the total liabilities. The net assets of the company have increased from 2005 to 2006. This shows that the company continues to acquire resources that are vital for the company. The figures may its entirety, but the impact in the food retail sector is expected to be felt (Marks and Spencer, 2006). One significant observation that can be made is that the company has a wide range of quality food sources. This is in references to the responsible food sourcing that the company adopts. The supplies of the company are considered as one of its valuable resources. Because of its outstanding food production materials, the quality of the finished products has improved. Boosting the food with the finest inputs allow the company to effectively satisfy the needs of the consumers. Subsequently, quality sources also make the company more cost-effective. Another important resource of the company is its identity. This is established through the brand name of Marks and Spencer. Despite some criticisms, the brand has gained the distinction of being the most trusted retailer in the UK. Over the years, the brand name has been embraced in different areas of the world. The credibility of the company is one of its intangible resources that deserved to be recognised.