Thursday, December 13, 2012

Competitive Forces and Swot Analysis

Demetric Miller Professor White Bus 599-Strategic Management Competitive Forces and SWOT Analysis April 15.2012 Question 1 dissertate the trends in retailing of natural foods and the impact of these trends on complete Foods Market. Answer 1 Whole Foods is one of the worlds largest retail super market chains of primitive and immanent foods. The bearing of this food chain was to provide its customers with higher quality, more flavoured and natural products to its consumers. It targeted those customers who were more concerned with what they are eating, their health and wellness. The companys motto is Whole Foods, Whole People, Whole Planet, (Thompson, Strickland, & angstrom unit; pretend, 2010), its deepest intend as an organization was helping support the health, well-being, and healing of both(prenominal) community customers, team members, and business organizations in general and the planet. (Thompson, Strickland, & Gamble, 2010). The trends for natural and organic are increasing on a day to day basis with more number of people wanting to live healthier, longer and more pleasurable lives. In 2000, the United States Department of Agriculture (USDA) reported more organic food was sold to supermarkets than the 14,500 natural food stores (Thompson, Strickland, & Gamble 2010).
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Congress passed the Organic Foods Production Act (OFPA) in 1990, to make the standards and organically produced. In 1991, Whole Foods Market had been profitable every(prenominal) year except one in 2000. When we see the preservation of the year 2005 the GDP (gross domestic product was increasing hitherto in the year 2008 reverse happened. The companys net income rosiness at a compound average rate of 17.6 percent from fiscal 2003 through fiscal 2007 despite a slack in 2007 net income to $182.7 million from $203 8 million in 2006. The organic market sales have become standing(prenominal) for the year 2008 year on year growth is except half of 2007. The organic industry is a subset of the grocery market. The organic sub market is still... If you want to get a lavish essay, order it on our website: Orderessay

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