Woolworths Annual Report Analysis

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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 Australia consumer law should be applicable to the Woolworths.

Just as I said Woolworths is committed to providing better goods and services to consumers. However food accounted for most of the commodities. The food is our daily essential, at the same time food directly related to people's health. Therefore the safety of food and fresh is essential. In my opinion the Australia food safety standards is necessary for Woolworths group. Of course the safety of other goods is same important. But the food safety is most important.

On the other hand, Woolworths supermarket usually located in a shopping center or a separate building. Every day there are a lot of people stays in these buildings for long time. Not only customer stand in Woolworths, but also staff. We know that public places are usually easy exist security risks. Such as fire disaster and other natural disasters. Therefore Woolworths needs to be established appropriate emergency measures accordance with the relevant regulations. Woolworths need comply with aAustralia fire safety regulation or Work Health and Safety Regulation act.

Last but not least, although Woolworths adhering to the customer is God. However the Woolworths still cannot ignore their employees. Woolworths provides quality goods and services to customer. At the same time Woolworths need to preserve the power of the staff. Therefore I think the Australian Labor law should be application.

Q3

Account receivable
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