organisation- Woolworths. * Level of operation/ mechanisation: Woolworths is a fully Australian owned company. It is a publicly listed company and the largest supermarket retailer in Australia. Woolworths Limited Brands include: Safeway Supermarkets‚ Tandy Electronics‚ Dick Smith Electronics‚ Big W‚ BWS liquor and Woolworths liquor. Woolworths is a multinational company‚ with chains of supermarkets in New Zealand and South Africa. * Research and development: Woolworths is the first company
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| |Type |Public (NYSE: FL) | |Industry |Retail | |Founded |F. W. Woolworth Company established in 1878 in | | |Lancaster‚ PA and incorporated in 1911 in New York. Foot| | |Locker stores established in 1974. The separate division| | |was incorporated in
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organization operates and on the organization itself‚ in order to formulate strategy. A number of tools are used in the process of strategic analysis‚ including PEST and/or SWOT analyses‚ and Michael Porter’s five forces model. http://www.bnet.com/topics/strategic+analysis http://www.ehow.com/about_5085518_reason-use-swot-pestle-analysis.html PEST Analysis The PEST analysis is a framework that is used during strategic analysis to scan the external macro-environment in which a firm operates
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------------------------------------------------------2 Part A: Woolworths Ltd Strategic Analysis---------------------------------------------------------------2 SWOT analysis for Woolworths Ltd------------------------------------------------------------------------3 Key Capability Analysis---------------------------------------------------------------------------------------4 Major stakeholder analysis for Woolworths Ltd---------------------------------------------------------5 Assessment
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WoolWorths Limited Insert your Name here Institution Affiliations According to a recently reviewed financial statement on WoolWorths limited by Australian Stock market as at the year ending 30th Nov‚ 2013‚ it recorded an outstanding profit before tax of $1‚122‚387‚456 or approximately $1‚122 million. One of the ways the WoolWorths limited (WOW) would use to change its profits is by applying AASB 139 Financial instruments: Recognition and Measurement. Terms and conditions
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3. Porter’s Five Forces on Woolworths Porter’s five forces analysis was formed by Michael E. Porter in 1979 and this framework has had immense influence on industry analysis and strategy development (Davenport and Prusak‚ 2003). These five forces determine the competitiveness of the company and the attractiveness of the market‚ as a result‚ a well understanding of five forces may help a company get to know more about its industrial structure and find out a proper position with both high profitability
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Q2 As we all know Woolworths is one of Australia’s largest supermarket operators. Woolworths supermarkets are everywhere in Australia. Is no exaggeration to say that more than half of Australian’s daily life cannot be separated from Woolworths. Every day people buy a lot of goods from Woolworths‚ such as food and other daily necessities. Woolworths is committed to providing better goods and services to consumers. Nevertheless‚ the customer still needs some other protective. Therefore I think the
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responsibility is when a business owes a duty towards the community as well as the environment. Businesses such as Coles and Woolworths take an individualism view in which they only care about their long term self - interest e.g. profits and sadly neglect their suppliers. Factors influencing ethical behaviour include: the person‚ organisation and the environment. Woolworths is focused on brand and loyalty while Coles are focused on increasing basket size. Although
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Intangible Assets: An intangible asset‚ despite not having a physical form to it‚ has great value to a company and is to be disclosed in the financial reports. Some companies only disclose the brand and goodwill as their only intangible assets‚ while others include more such as software and the company trademarks (Loftus et al. 2012). The Accounting Standard AASB 138 advises businesses on the accounting treatment of these intangible assets‚ but only if the specific criteria have been met for an
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Description of how Woolworths manages quality and determine how effective Woolworths is at managing quality. Under the strategic objective of protecting customer trust‚ Woolworths has a defined policy that applies to all its business units to ensure quality is maintained at the highest level and is consequently a positive reflection of the overall Woolworths brand. This policy is entitled ‘Woolworths Quality Assurance Standard “protecting customer trust”‚ version 6 June 2009’. Woolworths has identified
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