Question Number 1
What are the chief elements of the strategy that Whole Foods Market is pursuing? Use Strategy Diamond to explain this part. Main Element:
* Very selective about what they sell by maintaining and always experimenting inflexible top quality standards 2. Topmost top quality in natural and organic foods and beverages. * Customer Service
* According to the Market analyst " When you enter a whole Food Store, if you're overwhelmed by a desire to take a look at everything you seeвЂќ * Put into effect the best tips from each of our stores and try to incorporate these people in all the other retailers. We are constantly making each of our stores better * Firm is positively doing its role in Community Nationality and sociable activism.
Complete Foods' supervision expected to include a total of 400 retailers and sales of $12 billion in fiscal season 2010 Setting up
Premium prices due to unmatchable product top quality and client services Folks are willing to pay high quality prices since they believe that they can be doing a thing good and food is healthier.
Company controlled stores(Internal Development)
Acquisition of small owner-managed chains
Acquisition of Untamed Oats
Total 276 Retailers
Through Competitive Price,
Go Green, Big Store and Store Styles
Natural and Organic Products
Health Conscious People
Geographically 3 countries
Converting the Distribution Fleet Vehicles to biodiesel Energy
Query No . a couple ofВ
Is the approach well matched to recent improvements and circumstances in the organic and natural foods section of the meals retailing market? Yes, the strategy is definitely well matched to recent creation and circumstances in the organic and natural foods section of the foodstuff retailing sector, * Searching at the qualified organic farms in 2005 and in 06\, farmers are becoming more interested and fascinated in organic farming. 5. " Complete Foods' executive had explained it was to the company's gain for conventional super marketplaces to offer organic and natural foods for two reasons: initially it helped fulfill the company's mission of improving the and well-being of people and the planet and, second it helped produce new customers pertaining to Whole Food by providing a gateway encounter. вЂќ This means that since more everyone was exposed to organic and natural product, these were likely to become Whole Foods customers because Whole Food is the head for organic and natural products, presented the largest variety at competitive prices, and provided one of the most informed customer service. * May be that Buyer demand for organic and natural foods is growing at near to 20 percent annually by keeping that in mind Complete Foods approach is to open up new retailers around 500 by the end of 2010. Issue No . a few
Do you consider John Mackey has a great strategic eyesight for Complete Foods? For what reason or why not? What do you like/dislike regarding the company's slogan " Entire Foods, Whole People, Entire Planet? " Do the motto and the rules underlying this (Exhibit 1) really matter at this company or are they will just wonderful words and cosmetic window dressing? Describe. * " Whole FoodsвЂќ, Mackey states that the foods they supply inside their stores would be the freshest with all the least volume of unnatural ingredients when ever processed. 5. Whole Food Market was awarded " Certified OrganicвЂќ grocer by the Quality Assurance Intercontinental organization. 2. " Entire PeopleвЂќ, Mackey states that he employs the best people to become team members * Individuals are encouraged to accomplish well while using Economic Useful incentive program * Clubs are based on a decentralized structure so that staff leaders might cooperate to team leaders to operate the store in the most efficient and effective manner 5. " Complete PlanetвЂќ covers the peoples' responsibility to safeguard the environment 2....