QUESTION 1 1. Porter’s Five Forces Model Porter’s Five Forces Model focuses on the forces that shape competition within an industry. These forces are namely; Risk of Entry by potential competitors‚ Rivalry amongst established companies‚ Bargaining power of buyers‚ bargaining power of suppliers‚ Substitute products and Competitors. A strong competitive force can be regarded as a threat as it decreases profits while a weak competitive force can be regarded as an opportunity as it allows companies
Premium Barriers to entry
this case‚ the two supermarket chains Coles and Woolworths account for about 80% of the packaged groceries sold in Australia (Smith‚ 2006). The retail grocery market is dominated by these two giants‚ which eventually creates a duopoly/oligopoly existence‚ making the whole market not at all “perfectly competitive”. There are many buyers‚ but there are not too many sellers! Taking a look at the retail market‚ it is easy to notice that Coles and Woolworths have a lot of different brand extensions. For
Premium Supermarket Monopoly Competition
Vision and Mission Statement Aldi does not have a published vision or mission statement. However there is a clear set of values and business philosophy which they adhere to. This philosophy is outlined by the statement which it continuously uses‚ ‘Top quality at incredibly low prices – guaranteed’. In its small levels of advertising Aldi elaborates on this philosophy by stating its five main principles; huge savings‚ excellent quality‚ outstanding value‚ superb specials and buy with confidence
Premium Economy of Australia Grocery store Strategic management
supermarket chains in Australia‚ Woolworths and Coles‚ both in traditional stores and online. Online‚ the major competitor is ShopFast‚ which does not have a traditional supermarket storefront to complement its online operations. The purpose of this study was to conduct a comparative analysis into the usability of ordering systems of online supermarkets that supply to Australian consumers in 2002‚ focusing specifically on the web sites belonging to Coles‚ Woolworths and ShopFast. This issue has been
Premium Usability Supermarket Web design
Introduction Aim: Provide a detailed retail audit containing market entry strategies‚ competition and the market place and a retail strategy plan that will allow Save a Lot to secure a bank loan in support of their Australian Franchise Context: Save- A- Lot is a discount retailer seeking to expand into the Australian market place targeting high discount and low price seeking consumers. Their market entry strategy is to franchise their brand and use a market expansion strategy when moving to the
Premium Retailing Wal-Mart Supermarket
is connected to many other industries in the economy environment. Supermarkets are one of the key players in the grocery industry providing around 70% of the value of the retail market for food and groceries. The two major grocery chains – Woolworths and Coles – dominate with almost 70% market share of an industry valued at A$80+ billion. Over the past 5 years the sector has been witness of some significant developments. Dynamics were changed after new players like Costco entered the market
Premium Marketing Management Strategic management
and action taken by a firm in order to achieve strategic competitiveness within the market in order to gain above average returns. The company needs to determine and analyse its internal and external factors in order to determine its resources‚ capabilities and core competencies. Strategic competiveness is only achieved when a firm creates and implements a value creating strategy. The characteristics of the competitive landscape influences a firm’s strategic competitiveness a great deal because you
Premium Strategic management Management Marketing
BAE Business report on Woolworths Limited Student name: Can CAO (Phil) Student number: 32174 Class: BAE 5 Date: 18 June 2013 Word count: 1307 Table of contents Executive summary--------------------------------------------------------1 1 Introduction----------------------------------------------------------------2 2 Evaluation of ethical behavior---------------------------------------3
Premium Business ethics Social responsibility Problem gambling
12 SHORT-TERM CAPACITY PLANNING 13 CAPACITY-PLANNING TECHNIQUES 13 Capacity Planning with Coca-Cola Fortune 14 Quality 15 What is quality? 15 Coca Cola view on Quality 16 Woolworths view on Quality 17 WQA Standard 17 Conditions of Supply 18 Personnel 19 Coca-Cola’s view on Personnel 20 Woolworths view on Personnel 23 Inventory 24 Flow‚ Inventory and Time 25 The Inventory Level 25 Variability‚ Uncertainty and Complexity 25 Inventory situation at Joa’s Trading Shop 25
Premium Productivity Coca-Cola Quality management
1428 Canberra City ACT 2601 By email: retail@pc.gov.au Dear Mr Weickhardt Re: Economic Structure and Performance of the Australian Retail Industry Woolworths Limited welcomes the opportunity to provide this submission to the Productivity Commission’s Inquiry into the Economic Structure and Performance of the Australian Retail Industry. Woolworths believes this Inquiry provides an important opportunity for the Australian community to understand the significant contribution that the retail sector
Premium Retailing Online shopping Electronic commerce