StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Whole Food Market - Essay Example

Cite this document
Summary
This essay describes that whole Food Market is the world’s leading retailer to offer certified organic and naturally grown products with branches in Canada, US and the UK. Their products are not treated with chemicals or hormones but rather naturally grown…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.3% of users find it useful
Whole Food Market
Read Text Preview

Extract of sample "Whole Food Market"

Whole Food Market Whole Food Market is the world’s leading retailer to offer certified organic and naturally grown products with branches in Canada, US and the UK. Their products are not treated with chemicals or hormones but rather naturally grown. Whole Food Market is driven by the mission statement broken down into three parts; “Whole Food, Whole People and Whole Planet (Whole Food Market).” Whole Food Market has employeed 300 employees to carry out the business. The number is good enough to go organic.

A small employee size implies that whole food market supermarket has less specialization that promotes efficiency of the employee’s performance. Furthermore, a small size implies a loose structure with little formalization and is decentralized. The decisions cannot be made at single point, hence the employee motivation at the supermarket. Moreover, with increased employee productivity at the Supermarket due to specialization, there is saving on costs of operating the business.Whole Food Market has developed an innovation strategy of its kind that would suit its organic business model.

Firstly, they integrated the differentiation strategy whereby they provide their customers services they cannot find anywhere else so as to maintain a loyal customer basis. On the contrary, the supermarket was the first to dump use of plastic bags so as to conserve the environment. Furthermore, its social dimension towards its value proposal in engaging in wind energy practices; an environmental friendly approach is part of its innovation strategy. Moreover, in order to satisfy their organic goal, they have also expanded their business to developing their own line of sea food and an animal welfare system and more so boosting new and creative animal production practices.

Therefore, putting these factors in mind, it is clear that the organization has justified its organic practices.The environment that Whole Food Market operates in is full of potential. The external threats are competition from fast food companies as well as other green companies. However, its differentiation strategy has worked out in terms of beating rival companies. On the other hand, the supermarket realizes the environmental challenges, hence its approach to renewable energy and elimination of plastic.

Such corporate responsibilities have enhanced favor to the supermarket from its green customers. Another environemental principle is always being ahead producing high quality products as well as realizing and utilizing opportunities.However, technology to Whole Food Market is not ideal because of the high routine it encompasses. The presence of high specialization in the supermarket imply high level of outputs hence the use of technology would not differ significantly. On the contrary, to some extent, technology would be beneficial to the Whole Food Market.

It would aid in designing a website that interacts well with customers such as providing cooking tips to some of their prouducts. Also marketing would be enhanced. However, technology would imply lots of time wasted in updating prices, website information thus why its inappropriate. In addtion, WFM does not practice repetitive practices, hence no need to integrate advance technology system into the business.In conclusion, Whole Food Market is the largest retailer in organic products in th US.

It has 300 employees geared towards quality and high productivity. It is mission driven boosted by its innovation strategy and stable environment. Therefore, it operates an organic model without formalities but with good implication to managers.Works CitedWhole Foods Market,. 'Company Info'. N.p., 2014. Web. 15 Nov. 2014.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Whole Food Market Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Whole Food Market Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/management/1666134-whole-food-market
(Whole Food Market Essay Example | Topics and Well Written Essays - 500 Words)
Whole Food Market Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/management/1666134-whole-food-market.
“Whole Food Market Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/management/1666134-whole-food-market.
  • Cited: 0 times

CHECK THESE SAMPLES OF Whole Food Market

Whole Foods Case

Analysis of Whole Food Whole Food Market was started in 1980 in Austin, Texas as local supermarket that focused on natural and health food with emphasis on organically produced food products.... The paper would therefore be analyzing whole food Inc for business initiatives that has helped them to maintain their market position even during the recessive period.... John Mackey, CEO of whole food, has been an exemplary leader whose intrinsic beliefs in the strategic vision and core values of the company have steered it to the path of enviable success....
5 Pages (1250 words) Case Study

Strategic analysis of Whole Food market

Whole Food Market, started in 1980 in Austin, Texas, is one of the largest retailers of organic food.... Whole Food Market, started in 1980 in Austin, Texas, is one of the largest retailers of organic food.... … Strategic analysis of whole food .... The whole food stores are strategically designed to meet the needs of its customers.... Vision and mission Company's vision is to become a global brand for best quality natural and organic food and best food retailer of organic food in every community that it serves....
7 Pages (1750 words) Coursework

COMPETITIVE FORCES AND SWOT ANALYSIS

Whole Food Market is the world's best retail store that specializes in retailing purely organic foods and has stores in America, Canada and the United Kingdom.... The study sought to establish the performance and operations of Whole Foods market which is the world's best retail shop specializing in selling organic foods.... It has been recommended that the organisation should capitalise on its strengths of offering wonderful services to the clients as well as its opportunities where it can harness the use of the Internet to market its products....
5 Pages (1250 words) Essay

Whole Foods Market: Control and Change

Due to recession, the Whole Food Market's performance was affected due to reduced client spending.... Before its establishment in 1980 in Austin, Whole Foods market was initially under the partnership of John Mackey, Renee Lawson, Craig Weller, and Mark Skiles.... Apart from providing world communities with natural and organic foods, Whole Foods market strives to retain the best… Their mission is about Whole – foods - Whole people-Whole planet....
4 Pages (1000 words) Essay

Business Intelligence in the Company's Management Practices

Whole Food Market had been experiencing a heavy rise in profits since Jan 2001.... Whole Food Market had been experiencing heavy rise in profits since Jan 2001.... Since January 2001 Whole Food Market has experienced increase in sales, profits, and stock prices.... Retrieved April 8, 2011, from Whole Food Market: http://blog.... TAll in all, whole food has a solid ensemble in all areas of its management.... All in all, whole food has a solid ensemble in all areas of its management....
2 Pages (500 words) Essay

Whole Food Market What Markets They Serve

In the essay “Whole Food Market What Markets They Serve” the author provides the case of Rene and John who collaborated to open an original Whole Food Market in 1980, which was quite big as compared to the standard health food grocery of the era.... Work Cited Whole Food Market.... The damages caused by the heavy rains were estimated to be about $ 400,000 and whole food markets had not insured their property.... whole food markets were opened in order to provide high quality and great nutrition and motivate customers to be more associated with the type of food they eat....
1 Pages (250 words) Case Study

Understanding Financial Reports

A company calculates its market capitalization by multiplying outstanding shares by their current market price.... This assignment uses Whole Foods market from NASDAQ and General Electric Company from NYSE.... From this equation, we get Stockholders' equity = Asset – Liability....
9 Pages (2250 words) Coursework

What Are the Advantages and Disadvantages of Competitive Rivalry

nbsp;… Alternately, a company can pursue a mix of generic and business level strategies like game theory, based upon competitive tactics of rivals, investment strategy depending upon the availability of tangible and intangible resources, market conditions, and developing a strategy after studying the rival tactics through game-theory analysis.... oth macro and micro-level environmental factors affect the Whole Foods market.... They involve intensive agriculture with higher cost and not many cultivators take up organic food production....
11 Pages (2750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us