Economic For Business

NameCourseInstructor s Name25 May 2010Woolworths hold Market AnalysisIntroductionWoolworths limited is one of Australia s largest stipulate up supermarkets . It famously known as Woolies in Australia agency in Victoria it operates as Safeway . Woolworths limited was established in the middle 1920s (Hoover s 56 . The first chain storehouse started its trading trading operations in Imperial arcade in Sydney . The supermarket also operates in New Zealand . The chain stores argon a leader in food and take aside liquor retail in addition to being the largest salamander machine and hotel machine street girl in Australia (Dun Bradstreet selling Pty 24 . The supermarkets are found entirely over Australia with about(predicate) 777 branches operating under different flaw names such as Woolworths supermarkets , Big W , crea ture Smith electronics , beam Smith PowerHouse , Woolworths Liquor , Tandy Caltex /Safeway , Caltex /Woolworths , Safeway liquor , Dan Murphy s and BWS (Woolworths Limited 2010 .

The company has been committed throughout its operations to serving its customers to the dress hat of its ability . This has enabled it to retain its customer swinish and even augment itPricing power and policiesIt is approximated that Woolworths and Coles supermarkets own up to 58 of the market in Australia . Thus these companies enjoy economy of scales while buying goods . This service gives them pricing power over small stores , tha t is , they can dumb lower their prices and! still earn goodly profits as opposed to smaller stores (Woolworths Limited 2010 . In addition Woolworths operates many one stop stores . This gives it ability to sell...If you wishing to get a full essay, order it on our website: OrderCustomPaper.com

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