Management Principles for Woolworths Supermarket Limited

Running head: MANAGEMENT PRINCIPLES
Management Principles
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1MANAGEMENT PRINCIPLES
Executive Summary
The report has helped in understanding the structure of the organization along with mission,
vision and core values of the respective organization named Woolworths Supermarket
Limited. The report has identified the organizational structure of Woolworths as this has
helped in providing proper implementation of strategies to achieve the purpose and objectives
of the organization in an effectual manner. The main aim and purpose of the report was to
identify the recommendations that has helped them in gaining competitive advantage and
attract customers.

2MANAGEMENT PRINCIPLES
Table of Contents
Introduction................................................................................................................................3
Overview of Woolworths...........................................................................................................3
Mission, Vision and Core Values of Woolworths.....................................................................4
Structure of organization to achieve purpose and objectives.....................................................4
Recommendations......................................................................................................................7
Conclusion..................................................................................................................................8
References................................................................................................................................10

3MANAGEMENT PRINCIPLES
Introduction
The report will help in analysing the brief description of the respective company
named Woolworths that is based in New South Wales, Australia. Proper analysis is required
to be done in the entire report that will help in understanding the objectives and the purpose
of the organization as well.
The main aim and purpose of the report helps in understanding the description of the
respective organization along with analysis and identification of the techniques through
which the organization is structured as to achieve the different objectives and purpose
effectually.
The structure of the report includes the overview along with mission, vision and core
values of the organization. The techniques have to be discussed as this will help in achieving
the objectives along with the purpose. Proper recommendations are required to be provided as
to analyse the different steps that can be taken by Woolworths as to make it more effective in
nature.
Overview of Woolworths
Woolworths is one the largest supermarket chains in the entire Australia that is
located in New South Wales, Australia. Woolworths Supermarket is the Australian grocery
store chain that is owned by Woolworths Limited (Woolworths.com.au, 2018). It was
founded in the year 1924 in the month of September and within few years, the supermarket
has gained more than 80% of the Australian market. Woolworths mainly specializes in selling
different kind of grocery items and they sell magazines along with household and stationery
items.
Woolworths Supermarket is located in more than 995 locations wherein there are
more than 202,000 employees who are working in the Woolworths Limited Supermarket.