Friday, April 26, 2019
S.W.O.T. Analysis of Kroger Co Term Paper Example | Topics and Well Written Essays - 1250 words
S.W.O.T. depth psychology of Kroger Co - marches Paper ExampleThere are 2,461 multidepartment stores and supermarkets owned by Kroger, and 954 of them have fuel centers. Apart from the supermarkets, Kroger operates 375 exquisitely jewelry stores and 784 whatchamacallum stores ( orbicularData, 2012). All the jewelry stores of Kroger are located in malls, which are situated in leased locations. Eighty-three convenience stores are operated under franchise agreements. Close to 51 percent of the convenience stores managed by subsidiaries were initially operated by company-owned facilities. The convenience stores provide a limited variety of general swop and an assortment of staple food, and, in general cases, sell gasoline. Krogers supermarkets stock an average of 11,000 private tick items. The company also operates 39 manufacturing plants. The plants consist of 10 bakery or deli plants, 17 dairies, 3 beverage plants, two cheese plants, two meat plants, and 5 grocery product plants. The supermarkets are normally operated under format, which have in mind combination drug and food stores (combo stores), price impact warehouses, marketplace stores, and multi-department stores (Thomson Reuters, 2012). SWOT Analysis Description SWOT analysis is described as a strategic planning tool utilise in the assessment of strengths, weaknesses, opportunities, and threats (SWOT) involved in a business venture or in a project. It entails specifying the aim of the project or the business venture and recognizing the external and internal factors that are un flourishing and favorable to accomplishing that objective. The purpose of any SWOT analysis is to recognize the main external and internal factors that are life-and-death to accomplishing the objective. SWOT analysis categorizes main pieces of information into two major classes, internal and external factors. Internal factors imply the weaknesses and strengths internal to the company or the organization. External factors en tail the threats and opportunities presented by the outside environment (Research and Markets, 2012). The internal factors female genital organ be seen as weaknesses or strengths depending on their effect on the objectives of the organization. It is important to note that what may look, as strength to one objective can be a weakness for another objective. The factors may entail all the 4Ps (product, place, price, and promotion), finance, personnel, and manufacturing capabilities. The external factors may include technological change, socio-cultural changes, legislation, competitive authority, changes in the marketplace, and macrostinting matters. A matrix is used to represent the results of the SWOT analysis. However, SWOT analysis has its weaknesses. For instance, it may tend to influence companies or organizations to gather lists rather than reflect on what is crucial in accomplishing objectives. The resulting lists presented are not critical and escape clear prioritization. Fo r instance, weak opportunities can appear to balance the strong threats (Research and Markets, 2012). SWOT Analysis of Kroger Co. Strengths Kroger Co. has passed through the economic recession with little success because of its strong market position. Kroger held the first and second market share position in 39 out of the 42 major markets in the year 2009. The companys blade equity offers a strong competitive advantage over the other companies. In 2009, it was listed 82nd in Global 500 Brand Raking. This strength will continue serving the
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