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Scenario-I
Q1. PESTLE analysis for ‘Indigenous Produce’
Political: Every business has to follow government rules and regulation related business such areas trade regulation, tax regulation, employment laws, political stability which all of these would affect business.
Indigenous produce has to follow tax regulation of New Zealand. Which might be affect to business because every business running for profit so that if they have to give more tax than it would affect business profit as well.
Trade regulation also affects business in various way such as if they want to import something from another country and export into another country for that they have to pay import/export duties to local government.
Economic: Economic issues can help
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In New Zealand has good minimum pay rate for employee which very organization might not be afford. It would give low profit margin for ‘Indigenous Produce’.
Socio-culture factor: socio-culture you have to look for social changes and cultural change for business environment. Such areas:
Religious and ethical beliefs could affect business which related to food because some country like India, they don’t eat beef so that every hard to stable in market and get good profit.
Lifestyle changes and population growth affects the business because how many youngster and old age people. They have both have different lifestyle and unique taste for food so that it would give some benefit and disadvantage too.
Technological factor: The use of new advancement of technology in business bring new opportunity for ‘Indigenous Produce’.
Business runs on online such as e-commerce which helps customer to buy product from home with very convenient way.
Use of self-checkout in store for customer, which helps customer to finish them purchase very fast and reduce labor
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Q2.
Threats for ‘Indigenous Produce’
Currency exchange barrier: To expand business globally company should have to face currency exchange difference. Some time we have to pay more for export product into another country. This type of challenge could affect the small business like ‘Indigenous produce’, because it would cost more per product.
Q3.
Mission:
To produce an extraordinary shopping by giving good service, quality and fresh food to customers in cheap price.
Indigenous produce bring food from local farmer such as poultry, vegetable, fruits in cheap price and serve healthy food to customer in cheap price and make good profit for company. And later if all work then aim to expand in international market as well.
Vision:
Become no 1. Supermarket in Auckland region by producing good service of buying in organic market while reducing customer effort and money and expand our brand to globally.
Indigenous produce brings new changes in supermarket with healthy and organic product in good price and service. And maximizing more return to shareholder while leading in market.
High quality ingredients, various things on menu, make the food right infront of you; handcrafted preparation
RNRA Team, “Supermarkets, Fresh Produce and New Commodity Chains: What Future for the Small Producer?” Hot Topics: February, 2004.
Tuncer, B. and P. Schroeder. 2007. Chapter 8 Sambazon - marketing the acai berry: sustaintable agro-forestry in the Brazilian Amazon. Paper read at SCP casis in the field of Food, Mobilitiy and Housing, at Paris, France.
Maple Leaf Foods Inc. is well known as a leading packaged food provider in Canada with over 100 years sustainable working. Its head quarter is in Toronto, but it operates across the North of America, the United Kingdom, Mexico and Asia, as well. Since its foundation, this company has expanded primarily by merger and acquisition activities. It owned 90 percent of Canada Bread Company, Limited, found in 1911. It was created by the merger of Maple Leaf Mills Limited and Canada Packers Inc. in 1991, and these companies consisted of subsidiaries. By providing the highest quality, nutritious and innovative products to excess customers’ needs, Maple Leaf Foods is pursuing its vision to become globally admired food processing firm. It was gotten honor awards such as “Product of the Year 2011”; “Canada’s 10 most admired corporate culture”; “Best New Product Award”; “Canadian Family 2010 Food Awards”. Its total asset of 2013 was $ 3,599,092, compared with $ 3,243,696 in 2012. Net earnings of this enterprise were $ 512,163 in 2013, compared with $ 96,562 in 2012. Although, the company faced challenges caused by the increased price of raw materials and effects of macroeconomic issues; it still keep its values and be willing to change for sustainable achievement in the future. As a result of changes, Maple Leaf Foods Inc. is making an agreement to sell Canada Bread Company for Mexico's Grupo Bimbo with the price of $1.83 billion in cash in order to focus on its meat products business in 2014. The company financial report indicates its focus in 2014 with five main points. First, pricing actions to address higher ...
To ensure that all food meets consumers expectation in terms of nature, substance and quality and is not misleadingly presented
Sercombe, H 2005, ‘The survival of the Indigenous economy: theoretical approaches’, Ngoonjook, no. 27, pp. 63-75, viewed 29 April 2011, http://search.informit.com.au.ezlibproxy.unisa.edu.au/fullText;res=APAFT;dn=200602520
Overall regulations were created to help society. I believe these regulations came along way to help organize society and keep the economy running efficiently and properly. These regulations better the people and the industries as a whole to American society.
Place: They opened discount factory outlet stores in rural areas and retail stores in urban shopping center. By selling different kind of product in different places help them to meet the different need of the customers. On the other hand, they also sell their product online, where customer can purchase their product at anywhere and anytime. All this make them be able to maximize their gain.
To most consumers Whole Foods is known as a chain grocery store specializing in organic and natural foods. Some may go as far as say the name is synonymous with quality. This comparison is the result of Whole Foods’ marketing their brand successfully to consumers demanding their specialized foods. As with any organization, Whole Foods may consider evaluating their strategic objectives and decide if necessary course corrections are needed to reach their objectives and goals. Through a fundamental and technical analysis, I will discuss Whole Foods’ mission, vision, and goals, their competitive environment, and some factors within their strength, weakness, opportunity, and threat analysis. With such data and information I will recommend, if needed, and strategic changes in order to sustain a competitive advantage.
"New Zealand Culture - Maori." New Zealand Travel and New Zealand Business. Tourism New Zealand, 2011. Web. 23 Apr. 2012. .
...nd financial corruption (17). Some of the difficulties are even starting within the local market. There is a lack of raw materials inside the local market, which then causes needs of importation. Advances in technology have been made in terms of communication, emails, and business to business and business to customer interaction worldwide. Nonetheless, the local market is still being held back because of the high cost of fuel, electricity, and transport. “Given this scenario, production costs have remained high, thereby increasing the end product costs and reducing the demand for the locally manufactured products” (6). Unemployment is another factor. This means income is insufficient, which negatively affects living conditions and consequently health of the citizens. The infection rate of HIV-AIDS is 16% and citizens are only expected to live to 40 years old (17).
They provide a safe environment for shoppers as they have friendly and visible security. Many customers, who demand safety, feel secure and at ease whilst doing their shopping.
Economic risks faced by companies that want to expand their business globally are exchange controls, local content laws, import restrictions, tax controls, price controls, and labor problems (Cateora, Gilly & Graham, 2011). These risks can be just as harmful, in some cases, as the political risks faced. As implied by its title, import restrictions are limitations placed on certain goods being shipped in from another country. “There are especially tight import restrictions on goods with a potential to be hazardous” (Dugger, 2016). Many restrictions are placed on imports in order to protect and promote the domestic market within the host country. Tax controls are put into place primarily to generate revenue and operating funds. Unfortunately, many companies that attempt to expand their business overseas experience unreasonably high taxes. Elevated tax rates can also be seen as a form of protectionism in efforts to deter threatening foreign companies from entering their market, thus allowing domestic companies to
As the author of the article concedes, the online shopping has flourished in the past years. Many customer have seen the advantages of e-commerce in the ways of time and money saving. Whit a simple click on the keyboard the goods are uploaded in a virtual cart and from there are delivered to the customer address. Also, the online stores have the opportunity to create a customer database and a customer profile. The customers receive periodic reminders of the new offers and sales via email or mobile phone messages. In the meantime, many classic stores have struggled to maintain the business keep up. According to the article, the brick and mortar stores will implement new features that conduct customers to an easy and pleasant shopping. For instance, the retailers will use the customer mobile phone as a concierge application. The customer will be informed about latest products and their availability. Furthermore, the customer will have the possibility to track needed items inside the store with the help of store mapping and products locations. If the customer will change the shopping list, the app will provide the route to the new item. Also, when a customer will passing a store the app will remind the last customer visit into the store and
This paper includes the process of online business; how to sell a product, advertising, various ways to create awareness and how to become a reseller. Laws and conditions for an online business.