Qualitative analysis based on strategies
Recently, NEXT PLC has faced intensive competition from other retail businesses in the global market. Therefore, NEXT PLC has a few and efficient strategies put in place. The strategies are meant to help the company ads its struggles to outdo its competitors and boost its sustainability in the market. One of the strategies used by the company is the production and sale of goods with high quality and affordable price. Under this strategy, the company focused on the production of unique and pleasing products that could easily attract customers. On the other hand, it valued its customers and offered its products at an affordable price. In most cases, the use of affordable prices attracts more people in the global market. The company is still operating under the strategy and is able to outdo several companies who are not able to produce quality goods and services as it does.
On the other hand, based on the relationship between the NEXT PLC and the environment, the changes in the environment have made it hard for NEXT PLC to operate in the last few years. Specifically, since the company is operating online, changes in technology have been so demanding. This is because several customers often are willing to buy products online than manually. Time of delivery and check-out time matters a lot as far as the satisfaction of a customer is concerned. However, the company has implemented a strategy that helps it to adapt to the technological changes in the market. That is, the company has invested more on modification of its website in order to fit the changing technology. Such adaptations are important to the company. This is because the company utilizes advanced technology to improve its delivery services as well as check-out services. Hence, the company is preferred by many customers. By so doing, the company has been able to outdo several other companies who are slow in adapting to changes in technology. serv