http://www.youtube.com/watch?v=f6c8oqK-OIk https://www.youtube.com/watch?v=AQraM
ID: 460387 • Letter: H
Question
http://www.youtube.com/watch?v=f6c8oqK-OIk
https://www.youtube.com/watch?v=AQraMrwThac
After watching this whole food video link above, answer the questions below.
1. What are the chief elements of the strategy that Whole Foods Market is pursuing? 2. Is Whole Foods' strategy well matched to market conditions in the food retailing industry (one of the criteria for a winning strategy discussed in Chapter 1)? 3. Do you think John Mackey has a good strategic vision for Whole Foods? Why or why not? What do you like/ dislike about the company's mission "to promote the vitality and well-being of all individuals by supplying the highest quality, most wholesome foods available?" 4. Do Whole Foods Market's core values as presented in case Exhibit 2 really matter? Are they "real" or just cosmetic window dressing? What evidence can you cite to support your answer? Have Whole Foods' core values contributed to the company's success? Why or why not? 5. Based on the store operations data in case Exhibits 3 and 4, how well is Whole Foods Market performing from a strategic perspective? Does Whole Foods enjoy a competitive advantage over its 3 chief rivals- The Fresh Market, Trader Joe's, and Sprouts Famers Market? Does the company have a winning strategy?
Explanation / Answer
The chief strategy of the Whole market which they are pursuing are providing the best material in the market and are free from getting infected. The products are like organic and have been given to the end users in reasonable rates.
Yes their strategy is well matched as whole food focusses on providing consumer the best quality. The best part of the whole foods is that the food is tasteful and is very much liked by the end users and the consumers as they think the product are free from pesticides and are healthy for the body.
Yes John has a good vison for whole foods because its realistic and above the normal expectation of the people.Whole foods, Whole People,Whole planet motto has been very much liked by the general masses. The reason why it has been admired because the chemical is not used. Whole foods live upto the expectations the company promotes those products which are free from genetically altering factors. The team is strong and competent enough to support the whole foods company where the customer satisfaction is the key point.
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