Tuesday, May 12, 2020

Whole Foods Market, 2005 Will There Be Enough Organic...

Case 11 Whole Foods Market, 2005: Will there be enough organic food to satisfy the growing demand? Summary Whole food market is the world’s leading retailer of natural and organic food industry. A firm believer in the virtuous circle entwining food chain, human being and mother earth, they conduct their business true and consistent to their business mission and vision by producing the highest quality of products for its customers and high profits for its investors. Being a philanthropist and supporter of animal rights, Whole food market has established strong reputation with customers and suppliers. There are rivals in the industry and new entrants are seen penetrating the industry. At the time of the case (2005), Whole foods market†¦show more content†¦Ã¢â‚¬ ¢ Employ the â€Å"code of conduct† Intangible Resources †¢ Voted â€Å"100 Best companies to work in America† †¢ Promoted in several health magazine †¢ Recognition for charity contributions and awareness to animal rights †¢ Good relationship with its supplier †¢ Good organisation routines †¢ Good reputation with its customers for its highest quality product †¢ Recognised private labelled product Capabilities Production of high quality natural and organic product V, I Careful research setup and products V, I, N The ability to sell consumer on the entire experiences from R, V, I, N product to service The ability to maintain excellent relationship with their supplier R, V, I, N Excellent team-based environment V, I, N Strictest quality standards V, N The ability to maintain positive relationship with R, V, I, N investors and employees Excellent staff training V Core competencies Whole Foods Market has three core competencies; the ability to go out of its way to appeal to their customers by taking every advantage of the customer expectation exceeding their reputations. Secondly, the mutual but beneficial relationship between Whole Foods and its suppliers that allows for deep discounts and favourable terms. Lastly, to have a strong and committed mission and visionShow MoreRelatedWhole Foods Markets1582 Words   |  7 Pagespaper examines the published case study Whole Foods Markets, 2005: Will There Be Enough Organic Food to Satisfy the Growing Demand? (Hitt, Ireland and Hoskisson, 2007, p. C534). Although the published study addresses numerous aspects of Whole Foods Market’s business as a leading international retailer of â€Å"natural† organic foods, the analysis provided herein is focused on Whole Foods Market’s ability to meet future growth demands. This paper explores Whole Foods Market’s basic internal environmentRead More The Product Distribution Ideal For Whole Foods Market1701 Words   |  7 Pages Win-Win-Win Distribution The product distribution ideal for Whole Foods Market in Namibia will be two. 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