Strategic management accounting ACC3AMA Coles supermarket Submit date: 13/10/2010 Group number: 17 Tables of content Recommendations - 2 - Executive summary - 3 - Introduction - 4 - External and Internal environment - 5 - Current competitive strategies - 8 - Recommendations and practice - 10 - Conclusion - 14 - Reference - 14 - Recommendations In this assignment‚ it analyse the current competitive strtegies of Coles Company through four aspects: cut price‚ quality
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Introduction Coles Myer Limited (CML) and Woolworths Limited (WOW) are two major Australian companies with extensive retail interest and listed on the Australian Stock Exchange. They are Australian public companies which operate a number of retail chains. CML is Australia’s second largest retailer‚ behind WOW. It operates a number of chains of retail outlets which are including Coles Supermarkets‚ Bi-Lo‚ Liquorland‚ Pick ’n Pay Hypermarket‚ Kmart‚ Officeworks‚ Target‚ Harris Technology and Coles Express
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Introduction: This study attempts to research and analyze both second hand literature as well as first hand observation. The report also plans to discuss the effects of retail image‚ personality and brand and their interrelations between the supermarkets‚ Coles and Woolworths in particular at the Westfield Kotara site. 2. Literature Review: Dong-Mo Koo’s study “Interrelationships among Store Images‚ Store Satisfaction‚ and Store Loyalty among Korea Discount Retail Patrons” analyses the concept
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Supermarket From Wikipedia‚ the free encyclopedia This article is about the type of food store. For the 2006 comic Supermarket‚ see Supermarket (comics). For the album‚ see Supermarket (album). This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (July 2010) The examples and perspective in this article may not represent a worldwide view of the subject. Please improve
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Unit 3 Coles Corporation Coles has been in business for 100 years and it is believed to be one of the cheapest supermarkets here in Australia. Its delivers quality products fresh from local farmers to the customers thus enhancing customer service and providing for value for money to millions of Australians. Coles believes in working together with the Australian community to grow the economy and works towards a sustainable future. Therefore‚ a long lasting relationship with the Australian farmers
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relationship between supermarkets with UK farmers that called oligopsony is a heated topic in the society. Some people hold the view that the advantages of oligopsony overweigh those disadvantages. Nevertheless‚ others believed that it is one way that UK farmers controlled by the supermarkets. It is natural that people come from different backgrounds will have various attitudes to the same issue. In the report‚ the advantages and disadvantages of oligopsony for both supermarkets and UK farmers are
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THE NATURE OF SUPERMARKET POWER ON THE HIGH STREET AND BEYOND INTRODUCTION In this essay I will be outlining the nature of supermarket power and how it affects competing retailers and the impact this has on us as consumers. I will do this by drawing heavily on the learning materials provided to underpin the factors involved. WHAT IS SUPERMARKET POWER? It is useful to describe what is meant by the term supermarket power. In the last twenty years‚ supermarkets have played a pivotal role in redefining
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IT in the Supermarket Information systems are used widely in shops and in the distribution of goods and one area in which their use is particularly important is supermarkets. Computer systems are used in a variety of ways in the modern‚ large supermarket‚ from stock control to maintaining temperatures in fridges and freezers. In this section we will look in more detail at these systems in one particular large supermarket‚ which is part of a national chain. The supermarket uses several
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FOR UK SUPERMARKET INDUSTRY Supermarkets’ performance is reliant on consumer’s income and their willingness to spend. The growing consumer pressure to drive value‚ quality and taste requires companies with strong management teams to understand the market trends in the industry of which this had led to constant competition among firms in the industry. This rivalry is based on firms in the industry battling to win the highest market share in the industry (IBISWorld). However‚ the UK supermarket industry
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Who are the major competitors to Coles and how are the competitors positioned relative to Coles? Major Competitors: · Woolworths · Franklins · David Holdings · QIW · Jewel · Composite Buyers SALES ($m) MARKET SHARE% Company 85/86 86/87 87/88 85/86 86/87 87/88 Coles Myer 4370 4606 5055 26.3 25.5 26.4 Woolworths 4827 5468 5717 29.1 30.3 29.9 Franklins 815 1250 1675 4.9 6.9 8.7 Davids Holdings 1200 2200 2200 7.2 12.2 11.5 QIW Na 362 362 0.0 2.0 1.9 Jewel 140 400 550 0
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