Business Management Analysis 2022

Running head: BUSINESS MANAGEMENT
Business Management
Name of the Student
Name of the University
Author note

1BUSINESS MANAGEMENT
Executive Summary
The report has thrown light in analyzing the SWOT analysis of Woolworths Company on the
basis of the new Self-Service Check out system which has been newly introduced by them. From
the analysis of the strengths, weaknesses, opportunities and threats, it has been known that the
company will be able to achieve higher level of profitability in the market which will be capable
of improving their growth operations in the competitive business environment. However, the
threat of security related issues are needed to be improved with the help of proper effectiveness.

2BUSINESS MANAGEMENT
Table of Contents
Background of Woolworths.............................................................................................................2
Strength Analysis.............................................................................................................................2
Weakness Analysis..........................................................................................................................4
Opportunity Analysis.......................................................................................................................5
Threat Analysis................................................................................................................................6
References........................................................................................................................................8

3BUSINESS MANAGEMENT
Background of Woolworths
Woolworths is the Australian chain of the supermarket along with grocery store which is
owned by Woolworths Group. The company was incorporated in the year 1924 and it is capable
of covering more than 80% of the Australian economy. Woolworths mainly specializes in the
groceries along with selling magazines and other health and beauty products. The number of
locations in which Woolworths have been serving in the current scenario includes 1024 and the
number of employees includes 100000 till the year 2019. Additionally, the company has been
capable of achieving the increase in the level of revenues which has amounted to Supermarkets
which is Australian $39.568 billion (Woolworths.com.au 2020).
During the recent times, Woolworths have been successful in adopting the new and
modern technique of technological advancements and they are able to satisfy the different needs
of the customers in the market in a positive manner. In the current scenario, Woolworths has
been trying to implement the Self- Service Check out System theft that will soon make it
impossible for the different shoppers in entering cheaper fruits along with veggies while
scanning fresh produce at the self-service checkout (The News Daily.com 2020).
Strength Analysis
Market Leadership- It is one of the major strengths of Woolworths for the
implementation of the Self- Service Check out System as it will be helpful for the shoppers in
performing the job of cashier themselves and there will be lack of theft related activities in an
appropriate manner. Woolworths have been covering more than 80% of the market share which