A Case Study of Woolworths Samples for Students â€Myassignmenthelp

Woolworths is the biggest retail supermarket in Australia. It operates efficiently in the retail industry to achieve its principal goal of providing customers with high-quality goods at affordable prices, (Pod.com, 2008). Its effective strategies have seen it compete favorably with other companies in the Australian retail industry such as Coles. However, it is apparent that this company does not operate in isolation. It interacts with both internal and external environmental variables. It is, therefore, prudent to analyze its inner and external environment so as to identify its key stakeholders and their influence on the success of the company. In 1878, Frank W. Woolworth established the first Woolworths store in New York. This store later failed and forced him to change location and establish another store in Lancaster, (Woolworths Holdings, 2016). In 1879. This is how Woolworths emerged. It later expanded its stores throughout the United States, Australia Mexico, and Germany, among other countries, (Pod.com, 2008). This supermarket mainly deals in retail products. It conducts proper strategic planning that has ensured its remainder in the retail industry. These are units within an organization that perform independently to contribute to the profitability of the whole entity. Some strategic units in Woolworths include Woolworth’s general merchandise and clothing unit, financial services unit and Woolworth’s foods, division. These units can be evaluated regarding profitability, (Woolworths Holdings, 2016). The BCG model can be used to analyze these units, whereby, the underperforming units can be retrenched, and profitable units advanced further Woolworths mainly deals in general merchandise, clothes food and financial services. Its primary objective is to enhance customer satisfaction, by making its clients to derive a value of their purchases, (Woolworths Holdings, 2016). Its main market is derived from clothes market, consumables and general merchandise. It has stores in several countries including Australia, US, UK, Germany, and Mexico among other states. The analysis of the external environment of this supermarket can better be done using strategic tools of analysis like PESTEL analysis and Porter’s five forces. This analytical tool assesses the present position of the entire industry where the firm operates. This tool can, therefore, be used to analyze the Australian Industry as follows: Bargaining power of buyers: The negotiation capability of consumers in the retail industry in Australia is relatively higher. This is because several supermarkets are dealing in similar items, making the consumers have a large variety of goods to choose from, (Arli, Dylke, Burgess, Campus & Soldo, 2013). Bargaining Power of Suppliers: The Australian retail market consists of many players such as Tesco, Coles, and Aldi. It is therefore highly concentrated, and some particular big players have dominated the market share, (Humerston, 2013). This increases the level of bargaining power of suppliers to a certain threshold, and as such, it may be concluded that the bargaining power of suppliers is moderate. Threats of new entry: when the market is not very concentrated, there is always a threat to new players entering the market. They then create a stiff competition with already established firms, (Hubbard, Rice & Galvin, 2014) In Australia, larger companies have made it difficult for the new players to quickly enter into the industry, (Hummerston, 2013). This reduces the overall threat of new entry into the retail industry.   Rivalry among existing firms: The current companies always tend to pose threats to each other by devising better ways of approaching competition. These may include innovation, creativity and utilizing unique technology, (Hubbard, Rice & Galvin, 2014). In the Australian retail industry, there are few existing competitors like Coles, Wesfarmers, Asda and Woolworths among others. These supermarkets are competing against each other to achieve larger market shares, (Moscardo, Lamberton, Wells, Fallon, Lawn, Rowe & Renouf, 2013). Therefore, the threat of rivalry among the existing firms is relatively higher. The threat of substitutes: Substitutes refer to products that can be used alternatively, (Hubbard, Rice & Galvin, 2014). The supermarkets in the Australian industry deal in similar retail products, (Hummerston, 2013). Therefore, the consumers have no substitutes rather than consuming the retail products. The threats of substitutes in the industry are therefore relatively small. This is another essential analytical tool that can be used to evaluate Woolworths’ external environment. The application of this tool in assessing the external environment can be made as follows: Political: Political factors refer to government policies and regulations which affect proper operations of an enterprise, (Dockalikova & Klozikova, 2014). The political conditions affect the operations of retail stores in Australia including Woolworths. For instance, the Australian federal government launched a competition policy which bars established free players like Woolworths and Asda in eliminating competition, (Keith. 2012). The increasing dominance of these traditional supermarkets has resulted in developing retailers struggling to succeed in the industry. Economic: Economic factors refers to the market variables that affect the performance of a firm, (Mialon, Swinburn, Allender & Sacks, 2016). The decline in the economic conditions in Australia has hit the performance of Woolworths. Apart from the decline, some economic indicators- fluctuations in the value of currency, and the decline in value of the Australian dollar have negatively influenced Woolworth’s’ international operations, (Ulle, 2014) Social: For a company to operate efficiently, it must be compliant with the social expectations of the community on which it operates, (Hubbard, Rice & Galvin, 2014). The present trend in the Australian market indicates that there are high expectations of the community on social responsibility, (Hummerston, 2013). The companies operating in this country must, therefore, ensure they are socially sensitive. Woolworths must, therefore, take social initiatives that would ensure it is viewed as socially responsible. Technological: With the growth of technology and internet marketing, companies must ensure that they devise technologically updated ways of marketing and distributing their products, (Docklikova & Klozikova, 2014). Woolworths, in particular, has considered the utilization of green refrigeration technology so that it can store the perishable products for longer time durations. Environmental: Firms must always examine the impacts of their operations to the environment. This enables them to avoid environmental pollution, (Hubbard, Rice & Galvin, 2014). Woolworths is particularly affected by environmental factors in that its petrol and wine making businesses are executing adverse effects to the environment, (Keith, 2012). This has adversely impacted on the profitability of this company. Legal: Legal factors include rules and regulations imposed by the government that businesses have to comply with, (Mcguire, 2014). In Australia, the imposition of the carbon tax has affected Woolworths and the retail industry in general, (Hummerston, 2013). Taxes reduce the profitability of businesses as they have to pay a certain percentage of their income to the government. Woolworths interacts with both external and internal stakeholders. The evaluation of the impacts of internal stakeholders on the success of Woolworths can be conducted through internal analysis. This can be done by utilizing SWOT analysis model. This is a tool that can be used to examine the threats, opportunities, strengths, threats and weaknesses a firm may be exposed. The analysis of Woolworths using this tool can be conducted as follows: Strengths: Strengths refers to the unique capabilities of a company. The power of Woolworths lies on the fact that it is a market leader in the retail industry in Australia, (Mcguire, 2014). It also has reliable sources of capital and secure resources. The utilization of technology such as green refrigeration also acts as a strength of this enterprise, (Ulle, 2014). The company has also developed an excellent market position, making the customers acutely aware of its presence. Weaknesses: Weaknesses are the aspects of the business that are not entirely established. Competitors may usually take advantage of these shortcomings so as to gain a competitive advantage, (Helms & Nixon, 2010). In the case of Woolworths, some of its weaknesses may include failure of its brand to attain competitive advantage and negligible presence in the global market, when compared with other enterprises like Tesco. It also entered the online market at a later time as compared to other companies, (Keith, 2012). These weaknesses have led to the development of a stiff competition between Woolworths and other companies. Opportunities: Opportunities are gaps in the market that accompany can fill so as to gain a competitive advantage against its rivals, (Helms & Nixon, 2010). The Australian retail industry shows an excellent growth capability. Factors such as advancement in the supply chain, computerization, and consumer lifestyle changes have influenced the ability of retailers and provided a chance for growth, (Ulle, 2014). Woolworths have also tried to adopt multi-option marketing approach so as to keep up with the diverse customer needs. Technology is a major determinant of competition. Although this company has tried to embrace technology through such aspects as virtual marketing and Woolworths’ app, the Woolworths app has not been customized to address all the customers’ requirements. One of the growth opportunities available for this company is that it should customize the Woolworths app so that the clients can be able to locate the exact shelf in the store where a product is located. The company has enough resources and qualified technical staff. It should, therefore, grow in this line so as to gain a competitive advantage against its rivals such as Coles. Threats: Threats refer to the factors that may necessitate a company to be quickly thrown out of the market. Threats mainly sprout from competition, (Mcguire, 2014). In the Australian retail market, there exists a high level of competition posed by other companies such as Coles and ASDA. These companies represent a lot of threat to the development of Woolworths, as Woolworths has to administer strategies that would ensure it remains competitive. Apart from this, government intervention in the market significantly affects the growth of Woolworths within the Australian retail market, (Hummerston, 2013) The success of Woolworths in Australia critically depends on three factors; the emergence of real online businesses such as Amazon, the rise of companies that conduct marketing traditionally and online, and growth of real traditional firms. The key success factors of this entity are based on its strengths. These may include: Strong brand: Woolworths has established a strong brand name in Australia. It, therefore, has a pool of loyal customers who purchase its products, (Powell, 2016). Customer loyalty is the primary determinant of the success of any business as it ensures that the clients develop a preference to the products of a particular company. It’s a well-established company: Woolworths is well-established and known in Australia as a big retailer, (Feigin, 2016). This makes its products known to the customers. Many customers have therefore developed trust to its products making it able to sell its goods quickly in the market. It has also produced a steady customer based and a significant market share, which enhances its profitability through the sale of a large volume of retail products, (Keith, 2012). Excellent Reputation: Reputation refers to the respect a company develops among its clients. This can be accomplished by providing high-quality products that are accepted by the customers, (Hubbard, Rice & Galvin, 2014). Woolworths has developed a strong reputation among its clients in the retail market, (Ulle, 2014). This has made it more successful as compared to its competitors as customers develop trust and preference to its products. In conclusion, it is apparent that Woolworths is an open organization that interacts with both internal and external environmental factors. Its internal environment can be analyzed using SWOT model, while its external environment can be evaluated using Porter’s five forces and PESTEL analysis. The company has critical success factors such as brand reputation and market reputation. It is also old-established in the market making it have a strong customer base in the market Arli, V., Dylke, S., Burgess, R., Campus, R., & Soldo, E. (2013). Woolworths Australia and Walmart US: Best Practices in Supply Chain Collaboration.  Journal of Economics, Business & Accountancy Ventura,  16(1). Dockalikova, I., & Klozikova, J. (2014). MCDM Methods in Practice: Determining the The significance of PESTEL Analysis Criteria. Proceedings of the European Conference On Management, Leadership & Governance, 418-427   Feigin, L. M. (2016).  The Effects of Protests and Boycotts on a Brand and its Reputation: a Case Study on Woolworths and Boycott, Divestment and Sanctions (BDS)  (Doctoral dissertation,The IIE). Helms, M. M., & Nixon, J. (2010). Exploring SWOT Analysis–where are we Now? A Review of Academic Research from the Last Decade. Journal of Strategy and Management, 3(3),15-251  Ã‚  Ã‚   Hubbard, G., Rice, J., & Galvin, P. (2014). Strategic Management. Pearson Australia.  Ã‚  Ã‚   Hummerston, J. (2013). Options and Directions for the Continuous Improvement of the AustralianMeat Retail Qualifications  Ã‚  Ã‚  Ã‚   Keith, S. (2012). Coles, Woolworths and the Local. Locale: The Australasian-Pacific Journal ofRegional Food Studies, 2, 47-81. Mcguire, K. (2014). SWOT Analysis 34 Success Secrets-34 Most Asked Questions on SWOT Analysis-What You Need To Know. Emereo Publishing.  Ã‚  Ã‚   Mialon, M., Swinburn, B., Allender, S., & Sacks, G. (2016). Systematic Examination of Publicly-Available Information Reveals the Diverse and Extensive Corporate Political Activity of The Food Industry in Australia. BMC Public Health, 16(1), 1-13. Doi: 10.1186/s12889- 016-2955-7 Moscardo, G., Lamberton, G., Wells, G., Fallon, W., Lawn, P., Rowe, A. & Renouf, M. (2013). Sustainability in Australian Business: Principles and Practice. Wiley-Blackwell.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Poid.com. (2008, February 4). Woolworths Supermarkets. Retrieved January 4, 2017, from Poid.com website: https://www.poidb.com/groups/group.asp?GroupID=153 Powell, S. M. (2016). Journal of Brand Management–Yearend Review 2016.  Journal ofBrandManagement,  23(6), 601-611.   Ulle, J. (2014). Microenterprise; Marketing B2b from a Manufacturers Point of View Thesis 2014. Woolworths Holdings. (2016). Woolworths Holdings Ltd 2016 Strategic report. Woolworths Holdings. Retrieved 2017, from https://www.woolworthsholdings.co.za/downloads/2016/WHL-Integrated-Report-2016.pd

How to Become More Effective Within the Organization Essay

How to Become More Effective Within the Organization - Essay Example This research will begin with the statement that people in organizations spend over 75 percent of their time in an interpersonal situation. Thus, it is no surprise to find that at the root of a large number of organizational problems is poor communications. Effective communication is an essential component of organizational success whether it is at the interpersonal, inter-group, intra-group, organizational or external levels (How-to Books, online). For human communication to be high in quality or effective, it must take into account not only the choice of language but also the movement of vocal cords, the reception of sound and its translation into neural signals, syntactic and phonological processing. Even facial expressions and gestures influence the quality and outcome of communication. As for the communication message, social psychologists give it three components: content, context, and treatment. Content is the essence of what one person desires to communicate to another, while the context is the way the communicator presents the content of his message to his audience. As for treatment, it is how communication is arranged and conducted by the speaker, which supports the content and context of the message. In a business setting, empathy is vital in communication. Lack of this element is said to be holding down the success of most organizations, where people spend 75 percent of their time in interpersonal, intra-group, inter-group, organizational and external communication.

Distinctions between male and female serial killers Assignment

Distinctions between male and female serial killers - Assignment Example To date, there is scanty data on the female serial killers and how the differ from male serial killers (Wolfgang, 2007). By definition, a serial killer is anyone who has killed at least three people over time in separate incidents and in a civilian context. This means, the killing done by terrorists or military personnel in their duty does not constitute serial killer but rather that health care worker or parent who kills their victims. At first, it is hard to draw a line between the male and female serial killer but a closer look shows some difference between these two groups. In contrast to female pattern serial killer, the profiles of the male who kill have been studied extensively. Some of the early researchers such as Guttmacher & Wolfgang (1960) concluded that most serial killers were typically black who mostly killed in response to some argument or physical confrontation. The most male serial killer has tended to kill outside their homes perhaps in a bar or the streets and used knives and guns to overcome their victims. The victim of the women, seem a little different. Unlike male serial killer, most of the women serial killer victims are family members, friends or acquaintances. Male serial killers have tended to inflict damages in addition to causing death to their victims and engage in some form of torture before they kill their victim. They have shown some tendency to use hands-on skills when killing their victims using blunt objects, knives, and hands as part of the processing of killing the victim and power domination as part of the motivation behind killing. This is very unlike female serial killers. The female serial killers never use force or power to overcome their victims. Mostly, the known female serial killers have been known to murder their victim using poisons such paralyze their victims (Keeney & Heide, 2004). Male serial killers have also been identified to use stalking behaviors whereby the trail their victims keenly observing

knowledge :: essays research papers

2.4 There can be differences between the knowledge people access through school and that they feel to be really useful. Interview two members of your family about their views of school knowledge and what they have found to be really useful for them. Drawing on the reading for this Unit, analyse these interviews and discuss how what factors might have impacted on their view of what constitutes really useful knowledge. The concept of knowledge in any society is a fluid, ever-changing notion which has different connotations depending on time and place. Typically what is thought of as knowledge in any given society is greatly influenced by the demands of the work that society most commonly carries out. Today, for example, in Western twenty-first century society it is claimed that we are now living in a ‘post-industrial’ society or have ‘entered into an information age’ and as such what we define as knowledge has altered in as little time as three decades. Knowledge can be gained independently at one’s own free-will or from life experiences but it is via school that nearly all of British people gain the foundations of their own personal knowledge. What makes education such an interesting subject for scholars is that it is governments who define what knowledge should be taught in schools and what knowledge is ‘useful’ despite what pupils themselves may think. For the purpose of this essay I have interviewed two former students who both studied in state schools in Edinburgh albeit a generation apart. I wish to analyse what both these individuals thought constituted ‘useful’ and ‘useless’ knowledge taught during their schools lives and if the fact that one was at school in the 1960’s and the other attended school in the late 1990’s/early 21st century resulted in any differentiation in their opinions. Knowledge at school can be taught in three ways; Academic knowledge, practical knowledge and radical knowledge. Each of these systems has their own unique method of delivering knowledge to the pupil and have varying degrees of ‘usefulness’. Academic knowledge could also be known as the ‘traditional’ form of delivering information to school pupils. Proponents of such methods would claim that it is not the actual information which academic knowledge presents to the pupil, rather the methods in which this information is delivered that is beneficial. In this sense then it could be claimed that academic knowledge is merely knowledge for knowledge’s sake or ‘useless’.

Wise Travel Tips And Tricks From Frequent Travelers

Frequent Travelers Many people have vacation horror stories to tell. Usually, poor planning is the reason behind such negative talk. The tips listed here will help you to have an enjoyable vacation experience. Leave your valuables at home. If you decide to bring valuables, you could lose them, or they could even be stolen. Air travel requires a bit of planning. If an airport Is In a major city, It can be quite difficult to get to, especially during rush hour when traffic is at its heaviest. Pack what you can the night before our flight so you are sure to be ready to leave the next day.Dont walt until the last minute to prepare for your flight. There is little else that could be worse than not making your flight. Anytime you are going to be driving to a different city before going on a cruise, check to see if there is a hotel that has fee parking, and get there the night before. You may want to contact the hotel administration about potential deals that they offer on parking even if i t doesn't look like any are available. Prior to flying, make a quick trip to the gym. Being on a flight for a long period of time can be iresome.Your legs and back can cramp up from sitting a long time. Working out prior to a long flight can relax your body and reduce uncomfortable feelings in your body due to the flight. Always go out of your way to tip any bell station and housekeeper appropriately. The typical tip is a dollar per bag of luggage and anywhere from two to five dollars per day for housekeeping. Doing so will ensure that you have a nice relationship with both during your hotel stay. Stores tend to overcharge for these Items, and the space saved Is minimal, so save the money.Try olding your clothes in innovative ways that will take up less space. Following these tips can help you find even more room In your bags. Taking sleeping pills will help you get through a long flight. This can help you to sleep in a situation that many are uncomfortable In, on board an airplane Take a mild sleeping pill to get you through the flight. Nothing too strong, but enough to make you drowsy. Refrain from taking sleeping medication before you actually take off. If your flight Is delayed, you will likely need to remain wide awake to make other arrangements.Make sure that your assports are valid. Different areas of the world have different rules regarding passports. Most countries will not permit you to enter with an expired passport if it is within a given time frame. These periods usually range anywhere from a year to three months. The reason for some of the worst stories about traveling happen because the traveler didnt think ahead and plan correctly. You now have the advice needed to take the worry from your vacation and find the relaxation that you deserve. Wise Travel Tips And Tricks From Frequent Travelers By bassantbadr planning.If an airport is in a major city, it can be quite difficult to get to, especially your flight so you are sure to be ready to leave t he next day. Don't wait until the last overcharge for these items, and the space saved is minimal, so save the money. Try tips can help you find even more room in your bags. Taking sleeping pills will help uncomfortable in, on board an airplane. Take a mild sleeping pill to get you through sleeping medication before you actually take off. If your flight is delayed, you will because the traveler didn't think ahead and plan correctly. You now have the advice

Common Sense By Thomas Paine Summary - 802 Words

In his pamphlet, â€Å"Common Sense†, published anonymously in January 1776, Thomas Paine argues for the mandatory division from the British Crown in order to create a new united democratic republic of America instead. According to Paine, America no longer requires the British rule, which creates more problems than benefits. He states, that it is beneficial for the new republic’s economy to stop participating in the unnecessary wars with other countries, in which Britain performs. This forced participation affects American’s commercial relationships with other European countries. Paine’s main goal is commerce. Commercial and trading relationship would give a significant raise into the continent’s budget without British involvement.†¦show more content†¦Inglis claims, that Paine’s views on commercial disadvantages of being with Britain are the views of â€Å"brain-sick enthusiast† . He denies these enthusiastic views by rememb ering the past experiences of both countries. America has a good trading industry, mostly because of the Britain, which is defending America’s commerce: â€Å"By a connection with Great-Britain, our trade would still have the protection of the greatest naval power in the world† . He assured, that because Britain has the most powerful marine in the world, it would protect all America’s trade ships on the Atlantic route, and that protection â€Å"will not cost us a fiftieth part of what it must cost† if America will decide to create their own naval force. As for the British monarchy, Paine proved the heathen creation of kings by using the Scriptures. The Scripture’s quotation becomes a weapon for argumentation against him by Inglis. He definitely has more knowledge in the Scriptures, because the whole chapter is structured as a quotation of various apostles’ writings regarding the King’s power. By quoting apostle Peter, â€Å"Submit y ourselves to every ordinance of man, whether it be to the King, (-- removed HTML --) and not ufing your liberty for a cloak of maliciousness, but as the servants of God† , heShow MoreRelatedThomas Paine : Common Sense Summary987 Words   |  4 PagesThomas Paine – Common Sense Summary Of all the founding fathers in America’s history few have played a role equalling the paramount importance of Thomas Paine, and few have been so repeatedly overlooked. In ‘Common Sense’, published in 1776, Thomas Paine argues for American Independence. His argument begins with more general, theoretical reflections about government and society, and then progresses onto the specifics of the colonial situation. Paine uses the basic format of proposal and even afterRead MoreThomas Paine, an American Philosopher1267 Words   |  6 PagesAn American born philosopher, Thomas Paine, was a strong adherent for independence and was agnostic in the government. 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The Key Concepts Of Economics - 1364 Words

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It has been decided by the market, that is, supply and demand of money in the market. The basic reason for not changing the interest rate is that the economy ne eds a maximum level of spending to boost the aggregate demand. If there is a hike in the interest rates, then the spending would be reduced leading to a drop in the overall GDP of the economy (BLS, CPI, 2015). Other key statistics is the inflation rate which represents the rise in the general price level in theShow MoreRelatedThe Key Concepts in Economics851 Words   |  4 PagesAssignment 1: The Key Concepts in Economics Markisha Dill William Creamer Principle Of Economics May 31, 2015 Before sitting down to complete this assignment, I thought thoroughly about economics as a whole. My interest was whether economics was considered an exact since, i.e. Mathematics. Economics has been described as a science, numerous times. 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