Managerial sustainability Essay

2020 Words Feb 16th, 2014 9 Pages
BX 3172 Managing Accounting for Non-Accountants
Individual 1500 word Assignment

Lecturer: RACHNA SHARMA
Student’s name: VU THI LAN HUONG Student’s number: 12857879
TABLE OF CONTENTS
Executive summary…….................................………………………………………………3
1 .0 Introduction……………………………………………………………….…….………4
2.0 What is sustainability…………………………………………………………..………..4
3.0 Triple Bottom Lines………………………….……………………………..……..……..4 3.1 Economic performance……………………………..……………………………..……..5
3.1.1 Turnover………………………………..………………………………………..5
3.1.2 Wages………………………………..……………………………………..……5
3.1.3 Imports………………………………..…………………………………………5
3.1.4 Profit………………………………..……………………………………………6
How could they improve in the future?
…show more content…
(Woolworths - Our People)

3.1.2 Wages Wages is defined as a ratio of lowest wage to national legal minimum and ratio of lowest wage to local cost of living. There are number percentages of women in senior executive and senior and middle management ranks. The average wage of Woolworths paying to their employees at the super market store is above $15.4 which is over the minimum wage. (Annual Report)

3.1.3 Imports There are 95% of the fruits and veggies imports from the local farmers and 85 perpent of beef come from the local as well. (Australian’s fresh food farmers) Woolworth also considers as a safety and there is no level of risk site in the products of the aim of buying local and building a better future. The other products and service are imported by other countries.
3.1.4 Profit Showing how much profits Woolworth earning before interest, taxation, depreciation and amortisation and after tax was 1294 million in the year of 2006 and 2007. Amount of returns to shareholders was 893.6 million. Woolworths is a high volume, low margin business. They make profits by selling large amount of grocery items at low prices. (Annual Report)

How could they improve in the future?
What Woolworth could do is try to have a good selected employee before they start working cause that will reduce the turnover rate and have good reward toward their staff like increase their wage manually, they can

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