Question

In: Computer Science

In 500 or more words, address the following: Describe how Whole Foods built its competitive advantage....

In 500 or more words, address the following:

Describe how Whole Foods built its competitive advantage.

What IT assets and capabilities does Whole Foods utilize?

Assess Whole Foods' competitive environment by describing the following five competitive forces:

  1. The potential threat of new entrants/competitors
  2. The bargaining power of buyers
  3. The bargaining power of suppliers
  4. The threat of substitute products/services
  5. Industry competitors

Solutions

Expert Solution

Competitive Advantages of Whole Foods:

  • Whole Food is one of the biggest multi-national company focused on supermarket stuff which has fitness advantage from the same food delivered by some other online market which helps them in creating a strong brand identity.
  • Creating a strong and far-reaching audience is one of the major competitive advantages that the company has. Apart from this, the company has also well established it for the products that they are selling which are far more concerned on the fitness along with the same taste.
  • They provide with a quality customer service which is also an addon to the list. They are also having a very loyal customer base which helps them in maintaining the reputation of the company go on.
  • They are also working along with good policies for the employees and the labors that are working for the company. The standards are being raised with the help of the companies ultimately high standard and quality products that each of the consumer loves.
  • The Whole Foods organization has been a leading company in terms of organic food and almost share most of the market share. With the help of the sales that the company carries on, there is also a sudden surge in the number of active users.
  • As we all know that pointing out the sales it becomes easy for the consumer to get the products on their wish prize and increase the sales of the company from which both are being profited and making this work for a while with such strategy has become common in the e-commerce industry.
  • Whole Food works with normal IT assets which each and every e-commerce companies are making use of such as:
    • Big Data
    • Database Technologies
    • Cloud Computing
    • Web application Development Technologies
      • jQuery
      • Javascript (Angular, Node.JS, etc)
      • AJAX
      • Python
    • Data Mining
    • Web Data Extraction
    • OLAP
    • Cyber Security​​​​​​​
  • These are some of the assets or technologies that Whole Food is using in order to keep their virtual existence safe and secure in order to serve their customers on a timely basis making the organization explode with the customers.
  • All these technologies are used so that the customer feels safe while transacting and keeping relations with the organization because the customer's trust is all that is needed in the end. If the customer is not satisfied it becomes tough to stay in the market.

Hence, these are how the Whole Foods organization keep up with the technologies and help the people in getting the best quality products at the lowest prices and in an efficient way.


Related Solutions

In 500 or more words, address the following: Describe how Whole Foods built its competitive advantage....
In 500 or more words, address the following: Describe how Whole Foods built its competitive advantage. What IT assets and capabilities does Whole Foods utilize?
In 500 or more words, address the following: Describe how Whole Foods built its competitive advantage....
In 500 or more words, address the following: Describe how Whole Foods built its competitive advantage. What IT assets and capabilities does Whole Foods utilize? Assess Whole Foods' competitive environment by describing the following five competitive forces: The potential threat of new entrants/competitors The bargaining power of buyers The bargaining power of suppliers The threat of substitute products/services Industry competitors
Organizational structure is important in determining decision making. In 500 words or more, address the following:...
Organizational structure is important in determining decision making. In 500 words or more, address the following: Compare and contrast the benefits and disadvantages of companies with a standard hierarchy and those without. Some example companies without hierarchies are Swedish software consultancy Crisp and DPR Construction. How does hierarchy affect business processes? How do ERP systems streamline business processes? Can you foresee any problems that integrating systems such as ERPs can cause?
500 words - Essay Q- Critically discuss the components of Jetblue's competitive advantage , and what...
500 words - Essay Q- Critically discuss the components of Jetblue's competitive advantage , and what are the mertis and demertis of these components?
In an essay of 500 to 700 words, please address how the following artifacts/documents advocate for...
In an essay of 500 to 700 words, please address how the following artifacts/documents advocate for a specific view of the individual in society: The Garden of Earthly Delights, Equiano's Interesting Narrative, Civil Disobedience, and The Unknown Citizen. In doing so, you should place each artifact/document in its proper era/civilization, explain its context (ie, the ideas and events that shaped it) and message.
Write a response to the following in a minimum of 500 words: Address the following: Evaluate...
Write a response to the following in a minimum of 500 words: Address the following: Evaluate non-monetary benefits that open trade has contributed to the world since the end of World War II. Provide at least 2 examples of the above benefits and explain why you believe each is important. Analyze how changes to U.S. trade and tariff policies affected U.S. trade with other nations. Support your responses with recent (less than 2 years old) credible news sources. Provide a...
What is a sustainable competitive advantage? Describe the key outputs of a sustainable competitive advantage framework
What is a sustainable competitive advantage? Describe the key outputs of a sustainable competitive advantage framework
Describe comparative advantage, competitive advantage and strategic trade theory. How are they different? Use a real-world...
Describe comparative advantage, competitive advantage and strategic trade theory. How are they different? Use a real-world example or come up with a hypothetical example in your description of each. Which do you feel is better for the global good?
**Please answer fully and correctly in 3000 words** Whole Foods Market Your “to do” is to...
**Please answer fully and correctly in 3000 words** Whole Foods Market Your “to do” is to read the Case very carefully—and apply the Seven Domains Framework and growth strategies. -Scope, synergy, market development, growth strategy, allocation of finanial resources, goals & objectives and sustainable competitive advantage. As you know, June 16, 2017--Amazon purchased Whole Foods Market for $137 billion. When, announced Whole Foods Market will continue to operate under the current name This is a signal Amazon, a major internet...
write a 500–600 words to address the following questions: What is 1 of the specific software...
write a 500–600 words to address the following questions: What is 1 of the specific software architectures or development methodologies that you have discovered, and how does it support the development methodology and processes? Include examples of how the major parts of the software architecture help make specific software development processes more efficient.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT