StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Swot Analysis of Woolworth - Essay Example

Cite this document
Summary
The essay "Swot Analysis of Woolworth" focuses on the critical analysis of the major aspects of the SWOT analysis of Woolworth. Strengths: Capability to moderate their cost. The leading cheap retailer in the market. Strong presence in confectionery, toys, housewares, and seasonal product market…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Swot Analysis of Woolworth
Read Text Preview

Extract of sample "Swot Analysis of Woolworth"

Threats:
- Increased competition from the various retail sector, as well as other segments such as discounters, category killers, and catalog-based retailers, cause more strains to the market.
- Stiff competition from supermarkets increasingly involving themselves in non-food ranges and making ventures to a smaller scale, reducing the sales of retailers as they prove to be more convenient.
- A rise in the oil prices and a varying demand for oil, hence having an effect on their edge over their competitors of selective pricing.

Porter’s five force analysis constitutes an outline for scrutinizing the competition levels in the industry. Michael Porter devised the five force model to illuminate the microeconomic factors that affect the performance of a firm in an industry. The five forces as outlined by Michael Porter are; supplier’s bargaining power, consumer’s/buyers’ bargaining power, threats posed by new entrants, threats from substitutes, and the rivalry within the industry.

Porter argued that the easier it is for firms to enter the industry the higher the probability of increased competition. However, some factors limit threats from new entrants.  Some of these factors include consumer loyalty, initial capital requirements, scarcity of the available resources, and many others.

This refers to the influence that suppliers have on a business. If a single supplier can have eminent influence to affect a firm’s margins and volumes, then the supplier bears significant power and vice versa. Some reasons why a supply can have power include; lack of close substitutes, limited suppliers in the market, the value of the product to buyers among other reasons.

Buyers’ bargaining power refers to the influence of consumers on a firm. If one consumer possesses sufficient power to alter the margins of a company, they hold a commanding power. Some of the reasons why consumers might have power include: the availability of information to buyers, limited buyers in the market, and the amount purchased among others.

The availability of close substitutes is a real challenge to a firm. Some of the factors that affect the threat of substitutes include; buyer preference for substitutes, switching costs, technological changes, and many others.

The forces of competition in an industry determine the profit margins and the existence of a firm. Stiff competition in the industry results in low returns and vice versa.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management Reprot Essay Example | Topics and Well Written Essays - 1500 words - 1”, n.d.)
Management Reprot Essay Example | Topics and Well Written Essays - 1500 words - 1. Retrieved from https://studentshare.org/management/1690755-management-reprot
(Management Reprot Essay Example | Topics and Well Written Essays - 1500 Words - 1)
Management Reprot Essay Example | Topics and Well Written Essays - 1500 Words - 1. https://studentshare.org/management/1690755-management-reprot.
“Management Reprot Essay Example | Topics and Well Written Essays - 1500 Words - 1”, n.d. https://studentshare.org/management/1690755-management-reprot.
  • Cited: 0 times

CHECK THESE SAMPLES OF Swot Analysis of Woolworth

Case Study Analysis Of A Business Failure: Woolworths Plc

The recent economic crisis came at the end of a long and bullish economic cycle, when most forecasts were optimistically projecting record earnings for most enterprises into the next five years.... .... ... ... The recent economic crisis came at the end of a long and bullish economic cycle, when most forecasts were optimistically projecting record earnings for most enterprises into the next five years....
40 Pages (10000 words) Essay

SWOT Analysis of Woolworths

This essay "swot analysis of Woolworths" talks about Luscombe's period and customers' buying habits was better examined to customize the organizational policies according to them, and there has occurred a general improvement in the standards of the store.... .... ... ... Luscombe has altered the organizational practices in such a way that they have become more environmentally friendly....
6 Pages (1500 words) Essay

Market Analysis of Woolworths

woolworth can create merchandise plans that optimize the range and inventory at the store level and fit it to the exact space available.... Third, woolworth has close relations with... The company provides a wide range of products and services for the customers.... The company operations provide a positive impact on human resources, customers, the communities,....
7 Pages (1750 words) Essay

Business Failure - Woolworths Plc

The author of this essay "Business Failure" touches upon the typical problems in business.... As the text has it, the recent economic crisis came at the end of a long and bullish economic cycle, when most forecasts were optimistically projecting record earnings for most enterprises.... ... ... ... The indicators relied upon by many analysts included the expanding industrial sector, low interest rates, affordable cost of money, and easy credit....
39 Pages (9750 words) Essay

Business case analyse

In addition, the study will assess implications of the partnership while In the assessment internal aspects of the partnership between Woolworths and eBay, the study focused on the utilization of swot analysis tool.... he partnership will have the opportunity to enhance woolworth's market coverage through the integration of adequate resources to address consumers needs.... n the achievement of this goal, the study focused on the utilization of the PEST analysis tool, thus assessment of the political, economic, social, and technological...
4 Pages (1000 words) Essay

The Woolworths Company Background

The paper ''Corporate Valuation'' is a great example of Finance & Accounting report.... oolworths Ltd is a company which has its headquarters in Australia.... It has several segments such as Australia Food and Liquor which entails procuring Food and Liquor goods for resale to Australian customers....
8 Pages (2000 words) Report

Woolworths Company Limited

Improving store design and layout with a view of expanding selling space is also part of woolworth's strategy.... To be able to market petrol, woolworth has allied with Caltex.... ccording to Gregerson (2012), woolworth realized rising profits that were driven by low prices paid to suppliers.... 3) noted that woolworth's increases in profitability have reduced which can be attributed to the recovery of Coles....
7 Pages (1750 words)

Strategic Management Theory and Practice - David Jones Ltd

The paper 'Strategic Management Theory and Practice - David Jones Ltd " is a good example of a management case study.... The acquisition of David Jones Ltd has become a historic event for Woolworths Holdings Ltd and has marked a new era for the global retail market.... The new strategy has been based on what customers want: world-class service and high-quality products (Martynova and Luc, 2014)....
11 Pages (2750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us