customers Woolworths introduced Woolworth’s food outlets near Engen Garages for the convenience of shopping a limited Woolworth’s food offering‚ 24 hours a day at a convenient location .This was to cater for the consumer who shop for convinience.These kind of consumers are always on the go. Statistics show that people are making shorter‚ more frequent visits to supermarkets and therefore need stores that are easy and quick to access. This need for convenience is the driving force behind Woolworths extremely
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competitive advantage. This issue has been quite controversial in many organisations over recent years. Numerous organisations have struggled with the introduction of machines to replace employees‚ for example one such organisation is Woolworths Pty Ltd. Woolworths organisation has captured the essence of the technological era and in doing so has introduced a wide variety of innovative devices into most of its stores. For instance‚ over the past few decades communication approaches has developed
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cost advantages that will be associated with large organizations. Margaretta (2012‚26) suggests that companies pursue economies of scale in the belief that this will be decisive in determining a competitive advantage and increased profitability. Woolworths enjoys significant economies of scale in relation to its competitors. In the supermarket industry‚ benefits of economies of scale is usually achieved by buying products in bulk and reducing the average costs. As the largest player in the industry
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| | | | | | | | BS122 PRINCIPLES OF MARKETING SCHOOL OF BUSINESS. UNIVERSITY OF NOTRE DAME. SYDNEY CAMPUS LECTURER: BRAND NAME: DATE OF SUBMISSION: TEAM MEMBERS: Student id and full name 1.0 Executive Summary 2.0 ContenTs Page 1. Introduction 2. Review of Macro-Environment 3. Review of Micro-Environment 4. SWOT Analysis 5. Objectives 6. Segmentation‚ Target Market Selection and Positioning Statement 7. Product Strategy
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|Table of contents | | | |Executive summary | |2 | |I. Summary of the current position of Bunnings | |3 | | Financial Position |
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2009 (which was using AASB 114) and 2010 which has already adopted AASB 8 for both Qantas and Woolworths. Woolworths Under AASB 114‚ there were 5 business segments in segment reporting in stated in 2009’s annual report: supermarket group‚ general merchandise group‚ consumer electonics group‚ hotels group‚ wholesale group. In 2010 when AASB 8 was adopted‚ the number of reportable segments in woolworths increased from 5 into 6 segments‚ by removing 2 segments: general merchandise and wholesale
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p AustRAliAn supeRmARkets (including petRol) 5.3% p new ZeAlAnd supeRmARkets 17.0% p big w 0.8% p hotels 6.5% p Our 2012 Corporate Responsibility Report will be published in November. The report will be available on our website. woolwoRths limited Abn 88 000 014 675 w ww.woolwoRthslimited.com.Au 12 a nnual report 20 mentum 4.8 3.3 sales (increase from continuing operations) dividends sales fully franked dividends % p total group sales ‚130m 55
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Australian retail food sector‚ and more specifically the supermarket subsector. Woolworths and Coles dominate this sector with 78 percent share of the market and their dominance within the sector is evident as they are contributing to 50 to 70 percent of grocery and food sales (AFGC 2011). Furthermore‚ the Australian Food and Grocery Council (2011 p. 13) outlines the fact that the majority shares of the two major retailers of Woolworths and Coles have also resulted in Australia’s food retail market to be “one
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Introduction The Primary aim of HRM is to create a competitive advantages for an enterprise by ensuring that their employees are talented‚ competent and motivated‚ this can be achieved by greater training and investment in employees. To ensure advantage the enterprise must have comprehensive and well followed recruitment policies to ensure that they meet legal obligations as well as organizational needs and social requirements. This can be done via an analysis of the business’s Micro and Macro-environment
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Project Section 1 This project‚ I chose Woolworths Limited Annual Report 2012 to answer the following questions: To whom is this report disseminated and how is this done? “The financial report provides people who are interested in a company – such as shareholders‚ lenders‚ analysts and employees – with information about the financial performance and financial position of the company”( A guide to understanding annual reports 2012). It is one means by which directors of the company advise shareholders
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