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Organization Strategy and Business Model of Woolworths Limited

   

Added on  2023-01-04

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Organization strategy and business model of Woolworths limited 1
Organization Strategy and Business Model of Woolworths Limited
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Organization strategy and business model of Woolworths limited 2
Executive summary
Starting the new business operations by Woolworths Limited needs a careful planning to
maximize the chance of operational success. It is clear that several businesses are unable to make
huge revenue in their operations and fail within the first few years of their operations.
Appropriate business strategy together with a model of business of Woolworths Corporation
relates to company’s concept that is significant to the processes of planning along with business
management. This examination focuses on describing specific outlines on how Woolworths
limited undertakes its operations, development of the product, marketing, innovation, change,
implementation, strategies, and growth in its operations within marketplaces. Woolworths
limited concentrates on ideas of selling the wide range of products that comprises of clothing,
food, alongside home ware as well as digital products. Range of products that the company deals
with has made it to be one of the principal retail industries within Australian markets.
Introduction that summarizes the purpose of the report
Woolworth limited is the Australian retail organization that has extensive business
activities throughout New Zealand along with Australia. This research paperwork concentrates
on examining different strategy and business model that Woolworths limited are using in order to
achieve their set objectives during their operations in different markets (Arli, Dylke, Burgess,
Campus, and Soldo 2013). It is apparent that in the current business environment in the global
society, different firms or companies. For instance, Woolworths limited have to identify,
formulate, as well as execute different strategies of business in accord with political,
environmental, and linked business setting where it operates (Kasinitz 2016). The international
business development policy of Woolworth’s limited need to concentrate on organic
development within the homeland country and afterward with prominence on in-depth

Organization strategy and business model of Woolworths limited 3
investigation on management of chain of supply, challenges of delivery, and unique plans of
retail in nations in which it desires to develop its operations. The major purpose of this research
paperwork is to examine and recognize the range of business strategies alongside business
models by Woolworths limited.
Summary of the Woolworth’s limited strategy
The mission statement together with the main business strategy of Woolworths limited is
to distribute to different clients appropriate incident of shopping each moment. The company
improves its operations by focusing on its set vision. Whereas the vision of the organization is to
provide products as well as operations to its targeted and esteem clients all duration through
policies of price, fresh times of food strategies, with strategies of human supply (Tennent 2016).
Besides, the primary strategy of this company is to enhance efficiency and to be cost-effective.
In order to attain this strategy, the company has a focus on ideas of integration as well as the
implementation of diverse strategies that comprise of daily low charges strategy along with the
strategy of a product refresh. The strategy of daily low price strategy used by the company
concentrate on addressing and attempting to offer customers with daily lower prices through
reduction on every product that the organization offers. The company focuses on the usage of
technological advancement to allow its operations to be carried out in a twenty-four-hour
delivery strategy (Dos Santos, Svensson, and Padin 2013). The strategy needs to be backed up by
the fully automated ordering system that the company has developed. According to study by
Scott, Singh, Toribio, Lee, and Groves (2017), the worker of this organization uses handheld
ordering tools that are utilized on a daily assist in-store and allows orders to be achieved within a
short duration. The idea has been of great significance as it helps the operation of the company to

Organization strategy and business model of Woolworths limited 4
reduce instances of reduced stocking holding and cost while meeting different needs of various
customers.
Woolworths offers a wide range of initiatives that assist in attaining the better as well as
more business setting that is sustainable. The staff of the organization also has a great
opportunity to receive effective training. Every staff is needed to possess the right knowledge
and understanding of different techniques of handling a company’s product such as food and
house wares (Dannin 2013). Therefore, Woolworths limited and its operations concentrate on
different sectors that are essential for their business operations. For instance, the major area that
the company focuses on includes their targeted and esteemed customers, their operations, and
their workers, together with their appropriate strategy of conducting business (Ngwakwe 2014).
Therefore, by scrutinizing and analysis of organization plan together models of business of
Woolworths Corporation show that it is clear that the corporation posses the excellent strategy
and overall it has received a lot of thought to enhance the business in varied aspects.
Specific outline on how Woolworths limited undertakes; operations, marketing, product
development, innovation, growth, change, strategic, implementation
Operations of Woolworths limited has taken into consideration the dynamic business
setting and concentrate on the implementation of the structure for attaining the shifting demands
of different customers. The business operations of this company are entirely driven by the
demands and desires of targeted customers (Liu and Dukes 2015). The present strategy of
advertising and business model used by the organization comprise of offering priority to every
customer. In the current times, the organization has recognize that one of essentials of marketing
aspect is that place policy requires to be varied for guarantying a high style of expediency to the
targeted customers (Simon and Leker 2016). The organization has been offering online sites,

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