The purpose of this report is to highlight the findings of the audit that was conducted on Loblaw Companies Limited (Loblaw), a subsidiary of George Weston Limited, and to come to a feasible conclusion about maintaining the company's already successful business. A qualitative and quantitative analysis was conducted through secondary research, using internal and external resources. Since its incorporation in 1956, Loblaw has worked its way up to being one of the largest Canadian private sector employers, as well as the nation's largest food distributor.
Functionality of departments dictates the company's structure, where team superiority stands at the head of this hierarchical organization. These divisions are rigorously tested for compliance on the policies that Loblaw has adopted. Policies and procedures are in place to regulate many areas of the company's business. There are very strict procedures to identify, diagnose and resolve potential problematic situations that may arise regarding food and safety. There are also similar policies in place to prevent environmental degradation. These policies are subject to both internal and external operating commissions. Loblaw demands that its suppliers also strictly adhere to policies dictated by the corporation. These areas affect such activities as quality control and labelling, which are also subject to audits by Loblaw. Employees are valued as a critical resource and are offered additional benefits along with the regular health packages and pension plans. Another social variable that Loblaw takes into consideration is goodwill; an assortment of charities benefit from Loblaw's donations. A substantial section of social awareness is consumer feedback and quality control through the use of focus groups and surveys with this particular organization. Annual reports are released to keep investors updated on the company's progress.
Although food... [continues]
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