Whole Foods Company Analysis

Definition of Whole Foods’ Products This company specializes in distributing organic foods that are produced in natural ways. These foods are grown in farms and derive nutrients from nature. The products’ nutrients are not supplemented by organic fertilizers like those of other companies like Wal-Mart. In addition, these products are processed and stored in natural ways without using artificial preservatives.Advertising We will write a custom case study sample on Whole Foods Company Analysis specifically for you for only $16.05 $11/page Learn More This means that when a client buys any product from this company the person will enjoy the natural taste and flavor of the products. This is achieved by using natural ways of preserving and processing farm products. Even though, this company may be offering a higher price compared to other companies most clients prefer having quality food that will not risk their health. This is shown in most labe ls that claim the products are 100% natural, organic and contain no additives. In addition, this company has a variety of products that supplement each other like wines and cheese. The employees are well trained to offer useful information and tips about various products. These products are sourced from local areas to ensure each stall monitors and identifies naturally produced vegetables, fruits and animal products. The above principles help this company to ensure it delivers value to its clients without necessarily forcing them to visit its stores due to lack of other options. Threats Posed by the Popularity of Organics The entrance of competitors like Wal-Mart in selling organic products is a sign of hard times ahead for this company. It is easy to predict that this company is no longer going to enjoy the monopoly of distributing organic products in Canada. It is necessary to state that while other companies are exploring the benefits of stocking and supplying organic products th e consumer market remains constant. This means that these companies will compete for this market and share their clients proportionally. As a result, Whole Foods will face serious challenges since other big companies have economies of scale and production that will enable them to dominate this market. In addition, they are already established and known by consumers; therefore, they will not need introduction or extensive marketing strategies to get a good share of the market. On the other hand, the popularity of organic products in this region will not affect this company’s market if it develops strategies to retain its clients. It has already established a large clientele base and should focus on retaining it and if possible getting new ones from other competitors. The best way to start competing is by ensuring the existing clients are offered quality services. This will make them market this company to other potential clients.Advertising Looking for case study on busin ess economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Even though, other competitors like Wal-Mart have started selling organics it will take time before their clients start buying them. In addition, the new entrants will take time before they discover the secrets of quality organics. This will give Whole Foods time to prepare to face their competitors and in the process it will gain competitive advantages. Therefore, this company should ensure it wins the confidence of all existing clients and expand its marketing programs to ensure the existing customers are retained and at the same time attract new ones. Future Challenges This company has targeted the low and middle income earners that are conscious about what they eat. It is important to state that these groups will always be present in a population no matter how technology or democracy changes. The society must always be disintegrated into various groups depending on their political , social and economic orientations. In addition, the need to live in a clean environment and eat healthy foods will force people to seek organic foods that are widely recommended by nutritionists. This means that this company will continue to dominate in offering organic products. Moreover, the human population is never static but instead it keeps multiplying at a very fast rate. This increase in population will necessitate the need to have enough food to feed everybody. Consequently, the demand for food will continue to rise no matter the type of food a company produces. However, it is clear that there is a serious challenge facing this company in terms of production costs. Current demographic data shows that agricultural lands are diminishing at an alarming rate. Therefore, in the near future there may be no land for producing organic foods. The company will be forced to spend a lot of money in acquiring natural products. This will lead to reduced profits since there will be high operational costs. Even though, most people know the negative impacts of inorganic foods they are usually reluctant to buy organic foods since they are very expensive. The world is experiencing economic hardships that seem to become more forceful in the coming years. This will force middle and low income earners to tighten their budgets by purchasing inorganic foods that are less expensive and readily available.Advertising We will write a custom case study sample on Whole Foods Company Analysis specifically for you for only $16.05 $11/page Learn More This company has developed effective marketing tactics including branding their outlets with catchy phrases like â€Å"Whole Paycheck†. However, the name given to this outlet located in California does not mean that the products offered are cheap. This marketing mix is a tactic employed to win the trust of those who understand the balance between quality and quantity. This company cannot avoid this t rick since it is an advantageous tactic used to attract clients who are conscious about what they eat. However, it can be agreed that this issue may change in the future depending on the impacts of new entrants like Wal-Mart in the distribution of organic products. This means that if the anticipated competition exposes this company to market risks it must adjust its prices to ensure it maintain its existing clients. Other companies may use this pricing issue to their advantage by downplaying Whole Foods’ marketing mixes. Impacts of the Future Trends It is important to state that this company relies on two critical issues that determine its market penetration and control. It has to ensure that it puts its slogan into practice by producing natural products. The temptations to adopt genetic engineering products may prove to be beneficial in the short run but will cost this company a lot in terms of clients’ trust. Secondly, this company has to reconsider its prices given that the world is experiencing frequent economic melt downs. People are cautious about their spending and wish to save money for use in the future. Therefore, it may be forced to adjust its prices to maintain its market and avoid giving its competitors a head start. Other companies are planning to sell organic products and Wal-Mart has already started exploring this possibility. Therefore, Whole Foods will be forced to offer cheap products to contain the effects of new entrants in this field. This case study on Whole Foods Company Analysis was written and submitted by user Isabell Wilkinson to help you with your own studies. 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Regarding the Research Proposal

Regarding the Research Proposal The research proposal focused on the importance of applying technology in workplaces to enhance worker’s productivity. The proposal suggested that the use of internet by the employees have both negative and positive effects. Advertising We will write a custom essay sample on Regarding the Research specifically for you for only $16.05 $11/page Learn More Regarding the positive effects, the proposal suggested that the use of internet for leisure activities such as chatting, blogging and doing personal activities motivates and improves the performance of the employees hence productivity in the workplace. Such an argument is difficult to understand because employees waste their time in leisure activities while the company is expecting high productivity. Since time is a valuable resource that when wasted is forever gone, it is apparent that time wasted by employees in leisure activities translates directly into loss to the company. It is difficult to und erstand how employees can spend some hours in leisure and at the same time increase productivity in their workplaces. Conventionally, employees should dedicate their efforts to working for the company throughout the stipulated time and then have leisure at their own time. Another difficult concept to understand is how the use of technology would enable human resource management to change the mode of management from subjective to objective management that promotes and motivates workers. Subjective management involves constant monitoring of workers’ activities throughout their working time, and technology has made it possible for human resource managers to track the progress of all employees during work. With the use of technology such as internet, human resources managers can have real time access to progress of duties and can assess the performance of the employees even from the comfort of their homes. Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Ultimately, the application of technology in work places is more subjective as compared to instances where technology is not applicable because human resources management cannot easily track and assess the performance of employees. In the proposal, it is easy to understand why and how application of technology in various aspects of work in companies increases employees’ performance and productivity. Many companies are struggling to keep abreast with the advancement in technology because application of technology significantly reduces the cost of labor and production, thus giving their products and services competitive advantage in the market. The objective of companies is to automate all process that lead to the production of goods and services to avoid unnecessary costs due to manual processes of labor. Therefore, the use of technology does not only enhance performance and productivity of emp loyees, but also leads to the reduction of labor cost. Therefore, availability of technology and technological experts in workplaces determine the company’s capacity to compete effectively in the world of business. Finally, it is easy to understand that internet and web-based technologies are great tools that human resources management can employ in attracting prospective employees and retaining current employees. For the human resources management to access large and diverse pool of employees from various places and backgrounds, internet advertisement and application process prove to be very effective in this era of technological revolution. Advertising We will write a custom essay sample on Regarding the Research specifically for you for only $16.05 $11/page Learn More Internet adverts reach millions of prospective employees and this increases the chance of human resource management to recruit potential candidates that suit the needs of the compan y. Moreover, since human resource management have great task of maintaining current employees, internet is the most convenient means of communication that is essential in monitoring and training of employees. Therefore, internet provides interactive relationship that is critical in motivating employees in the workplaces.

Financial Report- Halliburton Company Essay Example | Topics and Well Written Essays - 1250 words

Financial Report- Halliburton Company - Essay Example that participated in auditing Halliburton Company were KPMG LLP, Auditors included through there auditing conveyed that the company had to fully disclosure its financial statements. The public companies must be audited because most of them engage in corruption and misuse of public fund. Therefore they must be audited to give out assurance. 5. Halliburton Company used cash basis accounting. From its Consolidated Statements of Cash Flows it has shown clearly that operating activities amount $ 3654, investment activities shown that , $ (3,688) and the financial activities amounted $( 9172). These activities show that the transaction was in cash basis. 6. The following were items that accompanied Halliburton company financial statement: accounting policies description of the company which helps to the investors to evaluate their financial stability through calculation of assets and liabilities. The people who invested in Halliburton Company are assured of high profit either in long term and short term periods. Also they are assured of proper record keeping (Risdon, & Alvarez2011). 7. Halliburton annual report differs from one another in a way that they need reconciliation statement. In compressive income statement if differs with cash flows statement. In order for them to balance, they articulate the following transaction was required. 9. Working capital can be defined as a financial analysis which characterizes operation available to a company, organization or other entities such as public and government entities or private (Broody, 2004). Liquidity ratio establishes a relationship between cash and other current asset to n current obligation. In Halliburton company , it has his current ratio which it may leads to idle assets that earn nothing and also may lead to theft in small quantities (Pinto, 2010). 10. For the two recent years (2012 and 2011), are Halliburton company’s assets where financed by debtors or the owner’s equity? Explain and