Woolworths Case Study

Great Essays
Register to read the introduction… In order to be success and long lasting exist in these massive growing business world, organisations have to consider how importance of valuing the physical environment and social along with the impact of their activities and obtain a larger perspective. Through accounting systems, especially triple bottom line (TBL) includes the environment, social and economic dimensions of the organization’s activities. In addition, the twelve most helpful performance measures of the three perspective will be discussed and also its future improvement decision-making for …show more content…
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
…show more content…
(Doing the right thing) Woolworths also provides ability to it own staff’s family during promotions and at discounted rates.

3.2.4 Diversity and Equal opportunity
Diversity and equal opportunity discusses the existence of equal opportunity policies or programmes; percentage of senior executives who are women; Realize the important of diversity and equal opportunity in order to be sustainability in this business world, A diversity strategy has been developed and used to provide a work environment at Woolworths where all the people treat each other dignity and respect. For example of gender balance, there is 55% of female work at Woolworth and 45% is male. (Woolworths - Our People)

How could they improve in the future?
What they could do is continued what they are doing and try to focus on the quality of it. They should always maintain a good and safe working environment towards its people and make an opportunities for people who from different

Related Documents

  • Improved Essays

    Accg/399 Task 1

    • 662 Words
    • 3 Pages

    Having the opportunity to learn ACCG 399 has allowed me to gain the most valuable and helpful experience throughout three years of Bachelor study. And what I have attained the most are from the study of social, institutional and accounting professional aspects. Throw back to the conventional explanation of accounting regarding its practical application in the corporation fields, it has been defined as the process of undertaking analysis, preparing and recording the financial information of a venture, with the intention to deliver useful guidelines to various uses in the decision making. Prior to undertake this unit, my comprehension of accounting were merely revolving around the technical perspectives relating to taxation, financial accounting…

    • 662 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Competitors shouldn’t be seen as threats to a business but a pathway to a better company. Woolworths and Coles are a prime example of perfect competitors. On June 26 2015 a survey was given out to find out what people rated both stores. Overall the survey showed that that Woolworths came out to be a 5.7/10 while Coles was a 7.1/10, the highest it has ever been. The survey asked them who had the best on-shelf availability, quality of fresh food, in-store compliance, store presentation, staff, pricing and value for money.…

    • 901 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    In the workplace, the role of gender, race and ethnicity can influence the effectiveness of the company's performance. Diversity in an organization involves the development of a work culture where people of different races, genders and nationalities can blend to achieve the same goals. By studying various groups, we can determine the effects of diversity and what particular gender dominates in the workplace. In our society, there are occupations that economists call “pink collared jobs.”…

    • 773 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Hegemonic Masculinity

    • 1855 Words
    • 8 Pages

    Women are always doubted or criticized on their working performance just because they are women. Stereotypes such as weak, emotional, sensitive even lacking in leadership skills are thrown at women (Hippel, Sekaquaptewa & McFarlane, 2015). Other than the discrimination, Australian government has implied a law to recruit more women employees in male-dominated working environment to solve the gender imbalance issues in work force, women are recruited for reaching the quota, not for appreciating their ability to perform the task. Since women’s gender identity are always associated with their working identity, a survey shows that issues such as reduced well-being in workplace and lesser recommendation of job opportunities for other women always happened (Hippel, Sekaquaptewa & McFarlane, 2015). Besides, women who managed to succeed in the career always hold characteristic for masculinities, showing the effect of patriarchal dividend.…

    • 1855 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    SUSTAINABLE SUPPLY CHAIN MANAGEMENT PRINCIPLES From working personally with the Woolworths company I was able to see how and why inventory was transferred from suppliers to stores. The Woolworths company uses a very simple inventory management system. As a supermarket, having the adequate number of stock in stores at all times is pivotal in keeping customers satisfied after every shop at a Woolworths store. In order to achieve this goal, Woolworths supermarkets use an electronic inventory management system that sends alerts to the specific warehouse when stock is low or is expected to run out.…

    • 1424 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    In order to examine diversity in today’s workplace, we must first look at the history of diversity and its place within the workplace. Over the past couple of decades, diversity in the workplace has been an increasing norm, which is visible in many companies. However, today’s definition of diversity has a completely different meaning than what diversity might have meant twenty or so years ago. Throughout the early days of business, when companies began creating initiatives for diversity, the focus was on African Americans and other minorities.…

    • 569 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Women’s Rights Matter Women’s right is an ever pressing issue on the United States. It’s a constant push to gain equality for women. Feminists are the leading activists fighting for equal treatment. Although years ago it was the Black Panthers who promoted equal rights for women. The Black Panther Party was thought to be a group that promoted violence to get what they wanted, but their gender philosophies on women were ahead of their times.…

    • 769 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    1. Name of employer 2. Name of employee 3. Salary 4. Duty and Responsibilities 1.…

    • 1423 Words
    • 6 Pages
    Improved Essays
  • Decent Essays

    2.4 Support others to challenge discrimination and inclusion There are several factors that managers must consider regarding equality and discrimination to effectively fulfil their role and responsibilities towards this. Firstly, managers need to ensure that they encourage a positive culture within the workplace which promotes the principles of good practice and working in inclusive ways. It is important that all staff undertake relevant training and are familiar with the workplace policies and procedures relating to equality, diversity and inclusion to ensure that staff have the relevant information, knowledge and skills which will enable them to identify situations where discrimination is taking place and the correct procedures they must…

    • 289 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Coles Case Study

    • 623 Words
    • 3 Pages

    Coles is the second-biggest market chain in Australia. Not at all like the United States, we don't have that numerous store chains. The business sector is overwhelmed by Woolworths and Coles, which implies we don't have numerous options with regards to minimal effort shopping for food. Our worry with Coles is not simply strangely high costs for essential basic supplies (in the event that you contrast and costs in the US), additionally the high rate of stock-outs.…

    • 623 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    As organisations go global in their nature of work and their human resource portfolio, diversity is the key thing they are looking for. Diversity in an organisation, though with excellent benefits, can pose some serious challenges. Hence Diversity Management is one of the hottest topics of modern organisational behaviour studies. Diversity Management is a process through which we create a positive work environment by understanding and valuing each other’s differences and beliefs. Disney’s “Remember the Titans” takes oneto the chaotic period in American history and it is based on the true story of Herman Boone and his team.…

    • 1278 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Sainsbury Case Study

    • 1322 Words
    • 6 Pages

    1.0 Introduction Cultural differences influence an organisation’s ability to penetrate a foreign market. As Ahistrom and Bruton (2009) note comprehending culture is vital to understanding the differences in business globally (p. 36). Various cultures have different management, communication, and negotiation styles that are influenced by societal values and norms. Therefore, companies that penetrate a new market have culture to contemplate besides a country’s legal structure, economic position, and competitors. Consequently, some multinational companies will employ different strategies such as diversification, product development, franchise, or mergers in order to penetrate foreign markets with distinct cultures.…

    • 1322 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Introduction Lulu Hypermarket is the retail division of multinational Lulu Group International that has been known as a trendsetter of the retail industry. Today, Lulu symbolizes quality retailing with 117 stores and is immensely popular with the discerning shoppers across the Gulf region. Location Lulu Hypermarkets did not just dominate cities of the UAE but have become the most preferred shopping destinations in Oman, Qatar, Kuwait, Bahrain, Yemen, Egypt, Saudi Arabia and India. Assortment variety: Lulu Hypermarket provides a wide range of products under its roof to insure that its customers are having a great shopping experience with all their expectations and requirements met in one single store. The hypermarket provide a range of electronics…

    • 975 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    The Importance of the Triple Bottom Line Boyd Watson Columbia Southern University The triple bottom line is an accounting framework that incorporate three parts: social, environmental (or ecological) and financial performances. The triple bottom line measures how an organization impacts people, the planet, and profits on both a local and a global scale. The triple bottom line can be a valuable tool to support sustainability goals for companies. Many businesses have adopted the triple bottom line sustainability framework to evaluate their performance.…

    • 1019 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Women And Equality In The Workplace Gender Equality is the most common issue which has come across at the workplace in which women are treated inferior than the other men employees. It has been noticed than women are being paid less than men, and there is a male-dominant crowd in the workplaces. For no reason women are set apart when they are equally intelligent as men. It is very casual that women are also capable of doing a particular job as men. Gender discrimination in workplaces are fallacious assumptions and must be stopped because women are just as productive as a male employee is in doing an allotted task.…

    • 853 Words
    • 4 Pages
    Improved Essays