Preview

woolworths report

Powerful Essays
Open Document
Open Document
1519 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
woolworths report
Business Report on WOOLWORTHS Limited

Student name: Student No: Teachers: Date: 25 June 2014 Word account: 1176

Table of Contents

EXECUTIVE SUMMARY 3
1 Introduction 4
The aim of this report is that presents whether Woolworths Limited is suited to investment in terms of ethical performance and finance performance. Ethical investment can be defined as a particular investment to refer to a number of methods which include social or ethical goals when investors make decisions (Cowton 1999, p. 99) . The Woolworths Limited, which was organised in December of 1924, has grown into a household name which present "in almost every metropolitan and regional centre in Australia and New Zealand "(Woolworths Ltd n.d., para. 1). They have 190,000 Woolworths Limited staff around their stores, distribution centres and support offices to provide the exceptional services, products and price to customers.(Woolworths Ltd n.d., para. 1). This report will analyse the evaluation of ethical behaviour and than evaluate Woolworths Limited's financial performance which is profitability based on Return of Equity (ROE) history. This report will also provide a recommendation to investor of the company Woolworths Limited whether is suitable for invest or not. 4 2.1 Ethical issue of Woolworths 5
3.1 Profitability of Return on Equity (ROE) 8
4 Recommendation 10
Reference List 11

EXECUTIVE SUMMARY
The purpose of this report was to evaluate Woolworths ethical behavior and financial performance to help client who want to invest this company ethically. Firstly, the report analysed the ethical behavior and evaluated the historical profitability of Woolworths from 2008 to 2013. Then, the founding of Woolworths is that on ethical issue, Woolworths did not

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Walmart Ethical Issues

    • 174 Words
    • 1 Page

    There are many discussions and theories of ethical practices regarding corporate social responsibility. When many corporate companies focus solely on their bottom line, many of their leadership and ethical decisions come into question. In particular, Walmart is the largest "big box" retailer in the world doing billions in sales every year with their low price philosophy. Though starting as a humble neighborhood store, Walmart has now become an unstoppable behemoth which many people are now taking a notice of. This paper is about analyzing the Walmart’s leadership and ethical practices. In 2005, Walmart faced various stakeholder problems in spite of its tremendous achievement as a retail brand. Walmart was related to various issues: outsourcing…

    • 174 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Ethical Issues In Walmart

    • 452 Words
    • 2 Pages

    The ethics statement of Wal-Mart is functioning as a lead and source for ethical decision making. Along with this, it supplies with a secret and unidentified reporting system. It used to lead a long-lasting ethics education and…

    • 452 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Costco Ethics

    • 1321 Words
    • 6 Pages

    Today ethics has become such a controversial topic. It would seem as though corporate fraud and breaches of fiduciary responsibility, coupled with greed and selfishness plague every aspect of our corporate environment; therefore, a simplified model of ethics which implies choices are either right or wrong, or that ethical decision making depends solely on personal character or values is too simple. Ethics in a broader sense, is a matter of carefully and responsibility managing the things which are entrusted into our care. For Costco their code of ethics is simple: “Obey the law, take care of its members, take care of its employees, respect its suppliers and reward its shareholders.” (Cascio)…

    • 1321 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    In the article, Dalla Costa outlines the process for incorporating ethical principles to the direct benefit of customers, shareholders, employees and profits. The author makes clear why corporate ethics must be a fundamental component of any firm. As managers and consumers, many people are concerned about issues like discrimination in the workplace, and are struggling to integrate their beliefs into their jobs. The Ethical Imperative links these personal values to business…

    • 456 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Testra

    • 1725 Words
    • 7 Pages

    A client is interested in ethical investing and Telstra is his preference choice, but he is not sure whether Telstra is worthy to invest in. Ethical investing is concerned with taking company’s ethical performance that includes social or ethical goals as the main factors when making an investment decision (Cowton 1999, p. 60). This report focuses on ethical factor and profitability factor which are relevant to the ethical investment decision making. Firstly, some researches that towards Telstra ethical issues will be conducted. Then Telstra financial…

    • 1725 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    MGT/498 ETHICS

    • 1056 Words
    • 4 Pages

    To increase the importance of strong ethical significance, this paper will clarify the principle character of ethics, sustainability, and social responsibility in relative to an organizations strategy. Furthermore, consideration will be given to the assortment of shareholders that control a business stratagem. Lastly, classification will be given to a company that practiced unethical behavior, social responsibility, and sustainability in their daily functions.…

    • 1056 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Morrisons recently published last April its "Corporate social responsibility report" (CSR report, 2006) for the previous financial year. The report puts high regard on Morrisons' effort to minimise the impact of its business operations on the environment. Moreover, the report stresses the catering of the interests of its "key" stakeholders, namely its customers, suppliers, colleagues and shareholders. Recalling way back before it completely took over the ownership of Safeway in 8 March 2004, Morrisons expressed its endeavour to recognise its social and environmental responsibilities under the operation of a business ethics working group (Telegraph & Argus, 2003). In this paper, I shall assess the company's CSR programme in the most comprehensive and balanced way possible against news accounts dating since the Safeway takeover by highlighting the actual business practices of Morrisons with regards to claims contained in its CSR report.…

    • 1773 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    For my research paper, I chose to evaluate the American Greetings to determine if the company is following ethical practices. American Greetings was an interesting choice because it deals with paper products; therefore, it could have a significant environmental impact on the surrounding area. Another important detail is that the plant is a large operation, which can lead to increased labor issues and questions of product quality. With the aid of ethical theories, I was able to deduce that American Greetings has a strong ethical foundation.…

    • 1062 Words
    • 5 Pages
    Best Essays
  • Powerful Essays

    The results of the research indicate that ethical investors often consider three main issues for their ethical investments: economic, social and environmental issues. Whether investing ethically is profitable or not is critical, but it may have a negative impact on community, society and the organization in the long-term. Furthermore, Westpac has good corporate social responsibility, such as: good ethical corporate behavior which makes Westpac be one of good choices for a wide range of investors all over the world and respect for the rights of…

    • 2035 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    All businesses have both ethical and corporate social responsibilities when conducting their day to day operations. Ethical responsibility is when the business has a set of values and guiding principles which are accepted and incorporated into business practices. Corporate social 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…

    • 253 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The code of ethics is adopted by organizations to assist members in understanding the difference between 'right' and 'wrong' and in applying that understanding to their decisions. An effective code of ethics should also help to delineate the proper procedures to determine whether a violation of the code of ethics has occurred and, if so, what remedies should be imposed. After reviewing the company’s code of ethics, we found that it has well established the concept of business ethics and the company’s objective, and also several kinds of encouragement to promote the ethical business behavior effectively. The company’s code of ethics, however, is not practical enough for implementation as the content is too general and vague, and there are not enough guidelines and regulations to help the staff to detect or solve the ethical issues.…

    • 829 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Business Report On Qantas

    • 1395 Words
    • 5 Pages

    The aim of this report is to provide reasonable advice to the client who has interest in ethical investing in Qantas via analyzing its ethical and financial performances. First, the report evaluates Qantas on ethical performances which focus on environmental pollution, and it shows that Qantas performs well by following a Carbon- credit program and an Aviation Fuel Study. Then the report analyses the gross profit over the past 5 years by a figure which shows that the gross profit follows a trend of decline. Finally, the report recommends that Qantas is not a good choice for ethical investing in the next few years.…

    • 1395 Words
    • 5 Pages
    Best Essays
  • Good Essays

    This analysis is to explain how ethics plays a role in financial decision-making. This analysis will explain how ethical considerations are involved in decision-making as pertains the article found on the Internet; will name the objectives of the organization, and describe how these objectives could influence the financial reporting decisions.…

    • 515 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Case Study

    • 841 Words
    • 4 Pages

    This case details the importance of ethical behavior, which is accordingly the epitome of any successful business. However, there is an inconsistency in the ethical way of doing business. A business like Levi Strauss and Company cannot claim to be an ethical business if it disregards unethical behaviors by its suppliers. In fact, every business that regards the concept of doing ethical business should always be concerned with the appropriate behavior of all businesses that are in effect in the supply chain.…

    • 841 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Kelchner ( n.d.) stated that Ethics is a profound component within an organization. This is a set of rules harnessed to govern an organization and certain approaches. Before making certain decision’s, a company has to consider the ethics surrounding the decision. It was also noted that the ethical decision will impact on the reputation of an organization so therefore; great consideration is required when making ethical decisions. The goal of this assignment is to evaluate the influences of ethical and sustainable…

    • 706 Words
    • 3 Pages
    Good Essays