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Accounting and Finance for Managers EXECUTIVE SUMMARY Woolworths Group

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Added on  2020-11-23

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Woolworth Group is one of the biggest supermarket retail business organisation that has been listed in the Australian stock exchange. In this regard, its shares can be traded in the stock market of Australia easily firm is needed to develop the most effective competitive strategies.

Accounting and Finance for Managers EXECUTIVE SUMMARY Woolworths Group

   Added on 2020-11-23

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Accounting and Financefor Managers
Accounting and Finance for Managers EXECUTIVE SUMMARY Woolworths Group_1
EXECUTIVE SUMMARYWoolworths group is a leading Australian supermarket or grocery store chain. The company was founded in 1924. Currently it has more than 1000 stores in Australia. Woolworth Group is one of the biggest supermarket retail business organisation that has been listed in the Australian stock exchange. In this regard, its shares can be traded in the stock market of Australia easily firm is needed to develop the most effective competitive strategies. In this regard, it needs to invest a higher amount in managerial decision making process. The company'ssales volume have been raised with the help of which company has become able to earn more revenue from sales.They developed a new policy with the name of voice of customers and voice of team as to fulfill these objectives. With the help of these policies, Woolworth has become ableto achieve the score of supermarket by 81%. Moreover, the earnings of Woolworth's shareholders got reduced in the year 2015. although, with the help of its effective strategies and plans, the company enhanced its shareholders value.Furthermore, the vertical statement of financial position states that company's cash and cash equivalent maintenance capacity has been raised from 12.77% to 13%. Although, its it's net profit ratio has been declined, but the major reason behind it is the increase in number of supermarkets and reduction in price of American foods as to increase in number of customers for the business.
Accounting and Finance for Managers EXECUTIVE SUMMARY Woolworths Group_2
Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2INTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Discussion and critical analysis...................................................................................................1CONCLUSION ...............................................................................................................................5REFERENCES................................................................................................................................6APPENDIX......................................................................................................................................7
Accounting and Finance for Managers EXECUTIVE SUMMARY Woolworths Group_3
INTRODUCTIONWoolworths group is a leading Australian supermarket or grocery store chain. Thecompany was founded in 1924 Parkinson, (2018). Currently it has more than 1000 stores inAustralia. Further, it also operates its business on online platform. The present case studyincludes a brief explanation of overall company's performance. It shows an interpretation ofWoolworths' annual reports along with its horizontal and vertical analysis of financialstatements. The study shows economic condition, competitive analysis of the firm. Further, italso shows an analysis of various financial ratios for the purpose of determining its actualfinancial position.MAIN BODYDiscussion and critical analysisWoolworth Group is one of the biggest supermarket retail business organisation that hasbeen listed in the Australian stock exchange. In this regard, its shares can be traded in the stockmarket of Australia easily Morioka, Evans and de Carvalho, (2016). Further, being a listedcompany, its key objective is to enhance the value of its shareholders. In this regard, company isneeded to develop strong strategies and plans for enhancing its business operations so that it canbe able to enhance its shareholders' wealth. In addition, company also has to develop effectiveplans for maintaining retained earnings, providing dividends to shareholders, etc. so that overvalue of all the shareholders of Woolworth could be enhanced.By evaluating annual reports of key managerial persons of Woolworths group likedirectors, financial managers, chairman etc., it can be analysed that the value of shareholders hasbeen raised over the year. Recently, the shareholders value has been risen by 22.4%. further,company's has gained a reduction in the debts through which its liquidity maintenance capacityhas been raised. It has a direct impact over the financial position of the company in positive way.As per the annual reports, Woolworths has innovated its business functioning and enteredinto digital business market (2018 Annual Report, 2018). It has helped the company's ability toattract customers towards the products and services of it has been risen. In this regard, thecompany is growing at a sustainable rate. Although, digitization of the company's business hasalso resulted in enhancing various burden of the company. It was needed to provide appropriatetraining to the employees, need of employing new candidates also arisen. In this order, over allcost of company to be incurred by the company. Moreover, its overall cost of doing business1
Accounting and Finance for Managers EXECUTIVE SUMMARY Woolworths Group_4

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