654458 – Master Order#: 654458 Total Price: $30 Messages: 2 total Style: Chicago Language Style: Not a native speaker Grade: n/a Pages: 5 Sources: 8 Introduction Woolworths, an Australia based organization, is one of the foremost names in the food retailing industry in Oceania…
Essentially a service sector organization, Woolworths purchases its goods mostly from Australian farmers and since most purchases are domestic, their products are fresh. The report would focus on how such a successful firm can enter the Indian markets given that there is currently a retail boom in India as well (Ramaswamy and Namakumari 2009, 105). Since Woolworths is into fresh food, it is imperative that procuring the food items from Australia and shipping the same to India would not make sense. Thus, the best option to avail is to procure it from the Indian farmers and sell it in the same country, though the model they should follow has to be reviewed thoroughly in order to make a fitment between the demands of the Indian market and what Woolworths would like to offer. In the case of Woolworths, since the primary product offering is fresh food items as well as processed food, it is obvious that the basic requirement is not technological or even manufacturing plants but a sound infrastructure that would ensure strong linkages with the markets – both of the farmers who are to supply the produce on a regular basis as well as the customers who are to buy the same. However, the main focus of Woolworths should be on value addition to those products. The report would focus on the macro environmental factors that are likely to come into play if Woolworths were to expand into the Indian retail markets. Thus, the report would start with the PESTL analysis and then move on to the specifics of the firm by doing a SWOT analysis of Woolworths. Having done these two analyses, the recommendations, whatever suitable for Woolworths, would be made in order to make the expansion project a success. PESTL Analysis The first analysis that should be performed is the PESTEL Analysis, which is defined as amalgamation of various macro-environmental forces that drive the organization’s performance and comprises the political, economic, sociological, technological, ecological and legal forces (Viardot 2004). Furthermore, “it assists companies in the selection of attractive markets and the appropriate entry mode” (Aubert and Frigstad 2007). Political India is typically a politically stable nation that has been trying to attract FDI, and more so in retail. This should prove to be an advantage so far as the political environment of Woolworths in India is concerned (Krafft and Mantrala 2010, 130). Even Asian countries like India and China have slowly opened their doors to globalization, thereby welcoming conglomerates like Woolworths. In the wake of globalization, regulation and tax policies and FDI policies are to be relaxed considerably and even China and India have deregulated and delicensed various products making it further congenial for Woolworths to operate. However, various quarters of the political sector has exhibited stiff resistance to FDI in retail and especially multi brand retail (Datt 2008, 178). It is clear that since the government is keen on investment in FDI, thus the environment would work to the benefit of Woolworths in India. Legal The legal environment of Woolworths in India again points out to some of the encouraging features of increased investment in FDI on the part of the government as well as other legalities that may have to be fulfilled while opening retail outlets in India. The working age and other ...
Cite this document
(“Business report Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.net/other/6962-business-report
(Business Report Essay Example | Topics and Well Written Essays - 1250 Words)
“Business Report Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.net/other/6962-business-report.
Further, this plan aims at describing the new venture in light of the 3-year operational aspects within all the essential components of business management. In order that we achieve the profitable status and desired business growth while ensuring that our business objectives met and supported from an operational perspective, an analysis of the business scenario for the anticipated 3-year growth and the business availability and longevity thus considered as a basis for business price and financial evaluation and growth sustainability.
seeks to exploit and take advantage of emerging opportunities in the UK food markets. Its product line seeks to be caught up in an operational challenge following consumer concerns and change of preferences by these consumers. The manufacturing, packaging and supply of the company’s food products depends on the importation of raw foods from various countries around the globe.
The report then goes on to discuss the various methods and processes that can be used to carry out successful negotiations with foreign businessmen. There are some issues that a negotiator must keep in mind before meeting with foreign businessmen and he or she must be prepared before meeting their counterpart for negotiations.
Every product, which is processed, needs packaging in one way or another. If the product is such a big thing like the airplanes and ships, then there are some accessories belonging to that particular product. These accessories need to be packaged. It is with no doubt that as long as manufacturing remains, packaging will continue to exist.
The report is also keen to demonstrate the strengths, weaknesses, opportunities, and threats that the Sheraton hotels have to consider, in order avoid failure and attract more customers. The report has also made recommendations on the necessary measures that need to be undertaken to maximize on the profit.
At the end of this study the report will be able to give and avail various approaches and recommendations that should be considered to enable provisions of remedies for the various factors of discussion in higher education. Higher education can be said to be stage of learning that is mostly associated with universities, technology institutes, academic colleges, and seminaries.
This business report begins from this point and continues to perform a PEST analysis on the newspaper industry in developed countries with an aim of discussing the political, economic, socio-cultural, and technological factors that impact the industry. This is then followed by a SWOT analysis, which is a more thorough approach to understanding the current situation of the newspaper industry in the developed world.
It is with no doubt that as long as manufacturing remains, packaging will continue to exist. Amazingly, even if the processing industries die out, packaging will not follow the same suit because there are products which need packaging in their raw state. This
The site inspection aims at ensuring proper health and safety standards at the facility. The inspection also seeks to analyze the level of customer satisfaction, with the products offered by the AVI Food Systems Inc. Several parameters have been put in place to ensure
The catastrophic earthquake that recently hit Nepal has left thousands dead, millions more displaced, sacred and ancient temples and artifacts of culture destroyed and reduced to ruins, and an economy badly battered and brought to its knees. The toll on human lives and the suffering that followed from various injuries.
5 Pages(1250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Business report for FREE!