Assignment Task BHS was a department store founded in 1928 that sold a variety of clothing, household and other items. In April 2016, the company was placed into administration and its future and that of its staff remains uncertain. You are required to write a business report that covers the following tasks: TASK 1 Mergers and acquisitions (M&A) represent two major areas of strategic business planning and decision-making. M&A decisions occur within wider business and regulatory environments and each decision to merge or buy carries with it significant opportunities and risks. a) Using relevant examples, evaluate current laws and policy governing Mergers and Acquisitions in the UK. b) Research and analyse the acquisitions of BHS with specific reference to the opportunities and risks associated with this type of business planning. TASK 2 A business exists and operates within environments. Each environment consists of different factors of varying type, risk and ability to control. Apply the following environmental analysis tools to the business factors, risks, controls and impacts that you think are relevant to BHS: a) Internal environment: use McKinsey 7S. b) Industry competition: use Porter’s Five Forces Analysis. C) Macro environment: use PESTEL Analysis. Please kindly read the attached report structure/ assignment brief for a good understanding of what to do. Please note also that the report must be void of spelling or grammatical errors.