You will work individually to conduct a strategic analysis, and write a report on a real-life business. Please note that this report will focus on business-level strategy . You are required to conduct...

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You will work individually to conduct a strategic analysis, and write a report on a real-life business. Please note that this report will focus on
business-level strategy.



You are required to conduct strategic analyses for the Woolworths Supermarkets, a division of Woolworths Group (Corporation) which is a publicly listed company (https://www.woolworthsgroup.com.au/page/about-us/our-brands/supermarkets/(Links to an external site.)), for this assignment.The focus of this assignment will be on its Australian supermarkets business (the organisation hereafter for short). You are advised to conduct research such as Internet searching for industry and media reports, and browsing the website and annual reports of Woolworths (https://www.woolworthsgroup.com.au/page/investors/(Links to an external site.)) and other relevant organisations.



Write a 1500 word report, excluding references and appendix. In this report, you are required to perform the following tasks:




  1. Describe briefly the background information (strategic context) of the organization. This information should be
    brief
    and

    relevant to
    the discussion of your assignment and thus may include ownership, history, size, business scope, major products/services, and major markets, and financial performance of the organization selected.




  1. Conduct a macro-environment analysis (focusing on Australia only in this assignment) for the entire industry(The Australian Supermarkets and Grocery Stores industry) within which the organization operates. You should use the analytical framework provided in the textbook. Foci will be placed on the understanding of the purpose ofthis analysis, the identification of keyfactors andtheir implications interms of key opportunities and threats,and the discussion of theiroverall impact onthe industry growth in the future. Draw your conclusion based on your macro-environment analysis.




  1. Undertake an industry (competitive) analysis using Porter’s 5-forces model. You are required to pay attention to the purpose ofthis analysis, the inter-connectedness ofdifferent aspects of the competitive forces, the links betweenthe competitive forces and macro-environment, and their overallimpact onthe industry and the organization selected in terms of maindriving forces inthe competitive environment. Draw your conclusions based on your five-force analyses.






References should be utilized within this Report to validate the information presented and should be drawn from academic sources and organizational information such as the website and annual reports. The business press may be used to identify relevant issues.



Please note that noexecutive summary is required in this report.


Learning outcome/s and capability development


This assessment is deliberately designed not only to test what you know but also to build your lifelong learning skills. The skills that you will be developing include:



  • cognitive conceptualization skills

  • critical thinking and analysis skills

  • creative application skills.


All these are valuable skills you will need in future employment. How well you are able to demonstrate these skills and knowledge will impact not only on you and your group (in terms of a mark) but also has the potential to influence the future of the case study organization.Your work matters.


Specifically, completing this assignment can help you develop your capabilities in the following areas:



  • Understanding of the key concepts, models, theories, and analytical concepts covered from the relevant Modules (1-3) in this Course;

  • Developing your ability to apply strategic management concepts and theories to the organisation selected, particularly in analyzing its strategic position;

  • Enhancing your capability in critical think through evaluating existing strategic concepts, analytical frameworks, and theories; and

  • Developing your generic skills for pursuing your professional career in the areas of communication and report writing.



Advisory notes for this assignment



  • You should conduct an extensive information search on the organisation selected.

  • Company websites, annual reports, and media reports are important sources of such information, but their objectives, and thus credibility, should be carefully analysed and evaluated.

  • You should use appropriate concepts and analytical tools in your report.

  • The report should be written in prose; however limited use of dot points is acceptable.

  • This advice should be read in conjunction with RMIT assessment policy and the course guide.



Guide for assignment presentation


Written assignments must be presented in a professional format. Quality of presentation, especially literacy, will be considered in the marking criteria. Written communication skills are an essential component of RMIT University’s courses. In line with RMIT policy, all sources of information must be fully referenced using standard Harvard or APA referencing systems. You are encouraged to use referencing software such as Endnote for referencing and formatting. The assignment should be in report format and use Times New Roman font size 12, 1.5 line spacing.

Answered Same DayAug 04, 2021RMIT University

Answer To: You will work individually to conduct a strategic analysis, and write a report on a real-life...

Soumi answered on Aug 08 2021
156 Votes
STRATEGIC ANALYSIS FOR WOOLWORTHS SUPERMARKET
Table of Contents
Introduction    3
Background Information on the Woolworths Supermarket    3
About the Company    3
Ownership    3
Size    3
History    3
Business scope    4
Major products/services    4
Major markets    4
Financial performance    4
Macro Environment Analysis of the Australian Supermarkets and Grocery Stores    5
PESTLE Analysis    5
Political factors    5
Economic factors    5
Social factors    5
Technol
ogical factors    6
Environmental factors    6
Legal factors    6
SWOT Analysis    7
Industry Analysis    7
Supplier power    7
Buyer power    8
Competitive rivalry    8
The threat of substitution    8
The threat of new entry    8
Conclusion    9
References    10
Introduction
In the business market of the 21st century, the need for strategic management within any organisation is utmost essential. Strategic management is a formulation of business that helps in the growth of any business in a short period. Such strategic management in the business environment includes some necessary planning, mentoring, analysis and assessment for the betterment of the organisation. This report formally revolves around the highlighting of the strategic management of Woolworths in Australia.
Background Information on the Woolworths Supermarket
About the Company
Woolworths is an Australia based retailing supermarket company. This well-known brand of Australia is informally known as woollies by the citizens. Headquarter of Woolworths is situated in Bella Vista, New South Wales in Australia. This major company of Australia serves for entire Australia and some places of New Zealand as well (Jones, Koens & Simpson, 2018).
Ownership
Woolworths is one of the largest retail industries in the world and is the second-largest company in Australia. Woolworths is a retail industry and is owned by the Woolworths Groups (Fam et al. 2015).
Size
This renowned retailing company of Australia is having more than 115,000 employees serving day and night for its customers to keep the reliability and the reputation of the company intact (Kim & Nora, 2018). This company had a 37.2% market share in the present years.
History
Formally known as Woolworths and informally known as woollies were founded in the year 1924 (Taylor, 2016). This internationally recognised company grew its consumer interest by 1924. This company is recognised for its reasonable price list and the money-back guarantees.
Business scope
Woolworths has its unwavering dedication towards its business and that is why it has gained consumer reliability in no time. At present, Woolworths is operating more than 1000 stores in Australia. Alongside that, it has 976 supermarkets and 19 metro convenience shops across Australia (Price, 2016).
Major products/services
This company is specialised in proving the grocery items across Australia and some places in New Zealand, but it also supplies household products (Price, 2016). These household products include pet and baby products and stationery items. Other than these, this company retails DVDs, Magazines, and health and beauty products across Australia.
Major markets
Woolworths has its planned loyalty schemes for its customers, which is why it has obtained the huge market of Australia. For the cheapest price range, the customers get the best quality products. Because of the huge popularity in Australia, the company has spread its business in New Zealand (Tuckey et al. 2017). The major market of Woolworths is based on its grocery and supermarket chain in Australia.
Financial performance
According to a survey done in the year 2018, it is evident that this renowned grocery and supermarket chain of Australia has annual revenue of 56.726 billion dollars.
Macro Environment Analysis of the Australian Supermarkets and Grocery Stores
PESTLE Analysis
Political factors
Australian Supermarket and Grocery stores are affected by political factors as it plays a significant role in the success of the business. The stability in terms of the political frameworks for the development and operations of companies in Australia has been high. As a result of this, the rate of foreign investment is increasing (Wei et al. 2018). This provides a significant opportunity to the different companies in Australia to operate successfully without any political hindrances. This applies contextually in the context of Woolworth’s as their modes of operations are adopted in such a way that the...
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