Is Woolworths diluting its value proposition by dropping prices and increasing the product range? • No‚ Woolworths is not diluting its value proposition by dropping prices and increasing the product range. • Own-brand products bring great value and perceived quality‚ synonymous with the Woolworths brand. • Reduced input costs do not result in a product quality alteration and therefore I suggest that no negative impact exists. • Reduced pricing to remain competitive during tough economic conditions
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Contents Executive Summary 1 Introduction 2 Defining Sustainability 2 What Sustainability means to Woolworths 3 Corporate Stakeholders of Woolworths 3 Woolworths Drive for Change 5 Integrated Reporting 6 Why Integrated Reporting? 6 Woolworths Integrated Reporting 7 The Future of Integrated Reporting 7 Conclusion 8 Word Count: 1995 Executive Summary This report examines the new world of sustainability reporting‚ and the complex web of stakeholders. It focuses particularly on the
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Woolworths which has been deemed untouchable for more than a decade is now in a price war with Coles which was a shambles just three years ago. The price of milk is down and staying down is one of the recent aggressive price cuts introduced in a five year plan. The strategy of Coles is simple. By setting lower prices‚ a company hopes to win back its customers and in this way sees an opportunity to increase market share or profits. However‚ many unprofitable price wars happen‚ because the fact that
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How do Demographic Indicators Assist Geographer In Identifying Levels of Development for a Country or Region? Every time I hear about world news‚ it always tends to have to do with a country’s wealth‚ health‚ and social status. But what really defines these countries as wealthier? What are the things that gives someone in America a better life than someone in Africa? These factors can range from some qualities like GDP‚ Urbanization‚ Life Expectancy‚ Per Capita Income‚ and Fertility Rates among
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1.How do you suppose living conditions differ between the countries furthest along in the demographic transition compared to the country earliest in the transition? How would living conditions in these two countries affect both birth and death rates? The living condition for countries earlier in the demographic transitions such as health and food supply are improving. Thus better health conditions decrease death rates and more food supply can lead
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Demographic Differences Demographics consist of population characteristics. Race‚ age and income are some of the popular demographics used. Demographic differences impacts how individuals view and translate situations. Diversity growth is supported by demographic differences. As organizations strive to gain the competitive advantage managers should learn‚ welcome and leverage the differences of the individuals within the organization. Contrary to many beliefs managers can not treat all employees
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Demographic environment The phrase demographic environment is composed of two words‚ demographic which in turn comes from demography and environment. Demography is the study of the human population living in an area‚ their age‚ jobs‚ income‚ spending habits‚ ethnicity‚ and gender and so on. In terms of marketing and business‚ this study of human population actually leads to an identification of the potential customers. Businesses employ quite a few methods to identify potential customers for their
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2. The demographic transition model seeks to explain the transformation of countries from having high birth and death rates to low birth and death rates. In developed countries this transition began in the eighteenth century and continues today. Less developed countries began the transition later and are still in the midst of earlier stages of the model. Factors driving this transition model in developing country are medical practice‚ technology‚ agricultural productivity and distribution‚ culture
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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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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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