woolworths sustainability issues sustainable

Essay Topics: Accessed 2013,
Category: Business,
Words: 456 | Published: 04.29.20 | Views: 461 | Download now

Lasting Development

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Durability, Social Durability, Environmental Durability, Online Shopping

Excerpt from Article:

As the organization attempts to sell cheap and high-priced brands a perfect identity will not be apparent and disillusion a large number of customers that don’t know what to anticipate. As mentioned before, the retail industry is usually squarely against sustainable techniques and this in itself is a blaring weakness which needs to be addressed in case the company desires to be successful inside the long-term.

Possibilities

Another step in a price tag SWOT analysis is discovering key opportunities in the market.

In this instance, the demand pertaining to sustainable practices are at the increase. If Woolworths can for some reason master this kind of transition, the chance for dominance, superiority within this industry is possible. Launching new systems that encourage sustainable techniques will surely help in exploiting several opportunities.

Threats

The internet and wireless shopping has provided many new dangers to the price tag industry. This threat is far more serious mainly because online shopping seems to be more lasting than going for a car to be able to the store to make the purchase. Woolworths must emphasis the importance of shopping face-to-face and making this practice in some way more environmentally friendly. Another threat to Woolworths includes the general economic condition of the country plus the world. Shaky currency markets threatens not only the local economy nevertheless also most of Woolworths’ suppliers that are likewise trying to generate their organization more lasting.

References

Dowse, J. (2012) a view upon Woolworths’ company responsibility statement, the Sustainability Report: Including ESG intended for Risk and Return in http://www.thesustainabilityreport.com.au/a-view-on-woolworths-corporate- responsibility-report/3137/: Accessed 12 May, 2013

Dwivedi, a., Merrilees, M., Miller, D. And Hemington, C. (2012) Brand Benefit and romantic relationship equities and loyalty motives in the Aussie Supermarket Sector, Journal of Retailing and Consumer Companies, Vol. 19, Iss. 5, pp. 526-536

Hampl, In. And Loock, M. (2013) Sustainable Development in Selling: What is the Impact on Retail outlet Choice?, Business Strategy and Environment, Vol. 22, pp. 202-216

Iles, a. (2007) Seeing Sustainability in Business Operations: U. T. And British Food Store Experiments with Accountability, Organization Strategy and the Environment, Vol. 16, pp. 290-301

Woolworths (2013) Durability at http://woolworths.com.au/wps/wcm/connect/Website/Woolworths/About+Us/Our+Planet / Sustainability/; Accessed 12 May, 2013

Woolworths (2007) Doing the proper thing: Sustainability Strategy 2007-2015, at http://www.woolworthslimited.com.au/icms_docs/130514_Doing_the_Right_Thing.pdf: Accessed 15 May, 2013

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