Monday, September 23, 2019
BUS599 - Integrative Project, Mod 1 Case Assignment Essay
BUS599 - Integrative Project, Mod 1 Case Assignment - Essay Example They have a well stretched network covering almost places in North America and United Kingdom housed just there. The company faced great success during its tenure over the past couple of years which was result of great devotion and dedication of a hardworking staff and consistently managing high standards of quality at a fairly acceptable price. Organic food is eco friendly and plays its part to reduce pollution as well as save water and mineral soil. It also helps in maintaining your health and provides a safe and nutritional food intake leading to a healthy digestive tract therefore this approach has led to the consumption of organic and natural food thereby increasing the sales of whole foods which is a great competitor for all others organic and natural foods in the mainstream market (Staff, 2012). Whole foods market has maintained its standard and has influenced the mindsets of many by diverting them towards nutrition filled healthy food. They are well known for their freshness a good example of their maintaining quality is that even the flowers they are selling are fresh and their scent can be smelt as soon as one enters their store. Another example of how they have revolutionized the conventional style of growing banana's; they have converted it to a proper science by studying the change of colors to deal with it life cycle yet maintaining its freshness. They sell everything fresh without any delay in delivering the food from the farms to the markets. Even their packed ready to go meals are really fresh (Lindstrom, 2011). The mission of whole foods market is to provide their customers with a hustle free shopping experience, to play its part in helping and caring about the community and preservation of nature, they intend to develop good habits of eating and enlightens through education to all its stakeholders, provide healthy and good quality of organic foods and developing continuing win-win deals or partner based relation with their providers. The core values of whole foods market are primarily based on five main components: firstly standard quality and their ongoing efforts to carry on with them. Secondly, to produce only organic form of food without any harmful chemicals used. Thirdly, producing ecologically certified sea food, which has "Responsibly Farmed" label which clearly indicates that itââ¬â¢s the highest quality which restricts use of growth developing hormones, antibiotics etc. to ensure good standards. Fourth is that they couldnââ¬â¢t compromise on quality by using proper breeding techniques and not incorporating such harmful methods which tend to be inorganic. Lastly, they are firm believers in community service leading to prosperity and happiness by changing lives globally (Drell, 2012). The important information related to the shares of whole foods market is described here, industry capital is $k 16,923,590 whereas the arrears remaining on shares are $k 185,520, those internal stakeholders are 8.8% and insti tutes which are stakeholders are 79.98%. It was observed that the return and growth in percentage fluctuated the following ways (it should be kept in mind that it is the percent change) the return for the first year was 14.76% and the fifth year growth by the generated revenue was 77.48%. The third year return was 84.23% and the growth in the five year earning tenure became 96.15%. It is surprising that the fifth year for the return became 156.13%
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