Management Analysis for Whole Foods Market Essay

Management Analysis for Whole Foods Market - Essay Example Whole Foods Market get suppliers that produce least processed, most flavorful and naturally processed food and organic products which consumers prefer the most. Whole Foods Market has stores located mostly on urban areas and major cities to tap the most number of their potential and target customers. This is to ensure that the company will be able to maintain its market share and at least compete at par with its competitors that are mostly located on urban and major cities across the nation. One of the main weaknesses of Whole Foods Market would be its expensive natural and food items relative to its competitors. Even though the company has been able to make various ways to amply cut down their market price, but still when compared it closely to its competitors like Trader Joe's, Whole Foods Market's products are relatively expensive. Whole Foods Market failed to insulate, or at least minimize the adverse effects of economic slowdown of the country. This only suggests the degree of dependency of its growth from the economic condition of the country despite of the fact that it also operate abroad. The increasing health and wellness consciousness of many consumers in the market makes natural and organic food items more in-demand to the market, thus, giving enough room for Whole Foods Market to expand by establishing more stores to accommodate more customers and generate more income. The fast development of technology, software solutions like ChefTec which is primarily being used in inventory control and recipe and menu control, made Whole Foods Market to perform efficiently. The advent of new software solution indeed help Whole Foods Market to minimized their production cost and maximized their profit through achieving efficient operations. Threats The increasing degree of competition in the natural and organic food industry make it a lot harder for Whole Foods Market to optimally utilize the high demand of consumers for natural and organic food items in the market. With the growing number of stores of their competitors, Whole Foods Market started to experience declining profits and sales volume. The economic slowdown of the country has also starting to penetrate the natural and organic food industry which directly affects the profitability of Whole Foods Market. Last August 2008, Whole Foods Market recorded a 31% profit drop in the market which was enough to shake their stockholders (McRoskey 1). Works Cited McRoskey, Ricky (2008) "Whole Foods' Big Markdown" 11 October 2008. Business Week.

PART 2 - 2500 word essay - subject PDAS313 - Fundamentals of Staff

PART 2 - 2500 word - subject PDAS313 - Fundamentals of Staff Development - Essay Example Professor Spencer stresses the interdependence of these principles implying that no principle can stand successfully on its own without the help of the others (Riley 2009). This paper will attempt an analysis of the ten-principle package of the aforementioned Spencer Model by first, taking up one by one the ten principles composing it and summarizing these components as Professor Spencer construed and defined them. These components are then scrutinized and analyzed with respect to their significance and importance in staff development vis-à  -vis the organizational set up, keeping in mind that their inclusion in the ten-package model implies necessity of administrative intervention. After the individual analysis of these principles, then entire model is then analyzed in its entirety, with a view to establishing its authority and soundness as a staff development model. Heterogeneity, Accountability and Responsibility, Altruistic Vision. Heterogeneity, according to Spencer, is an inevitable quality of an organisation because of the individuality of the people composing based on the principle that no two persons are alike. Heterogeneity therefore can hamper staff cohesiveness, a positive quality of a good organisation necessary for its productive functioning. There is therefore, a need according to him, to distinguish between characteristics that are given and those which result from â€Å"administrative/managerial stimuli.† The first kind, Spencer says, is natural and therefore does not warrant control but the second kind, demands confrontation as such behavior may run counter to organisational productivity and goals in general (Riley 2009 10-11). On the other hand, the attitudinal principles of accountability and responsibility have something to do with the acceptance of the duties that come with the assumption of a position in an organisation. The difference between the two terms, according to Spencer, is that