Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Please note that the following discussion forum activities are a must to pass the Assessment 2 Discussion forum Topic 1 - Week 4 Write XXXXXXXXXXwords about a business , which you have previously...

1 answer below »

Please note that the following discussion forum activities are a must to pass the Assessment 2


Discussion forum Topic1- Week 4


Write XXXXXXXXXXwordsabout a business, which you have previously worked for, or would like to in the future.


Please use the same business as your example in the following Discussion Forum topics.


Describethe size of the business (employees, outlets, turnover etc.), the geographical location, the core product (what it is that they are selling) alsoidentifyingthe industry in which it operates.


Discussion forum Topic 2 - Week 5


In XXXXXXXXXXwords, using your example organisation from Discussion Topic 1,identifythe 5 most importantexternalstakeholders in the organisation.Assesstheirinterests and influencein the business.


Discussion forum Topic 3 - Week 6


In XXXXXXXXXXwords, using your example organisation from Discussion Topic 1,identifythe 5 most importantinternalstakeholders in the organisation.Assesstheirinterests and influencein the business.


Discussion forum Topic 4 - Week 7


In XXXXXXXXXXwords, using your example organisation from Discussion Topic 1,analyse the environmentin which the business operates,identify possible threatsandevaluate their impactson the business.


Answered Same Day Nov 25, 2021

Solution

Tanmoy answered on Nov 26 2021
160 Votes
Assessment 2
Discussion forum Topic1- Week 4
Describe the size of the business: The Company we will discuss in this the Coles Group. Coles group is a supermarket chain and is an Australian company dealing in foods and groceries in Collingwood, Victoria since 1914. In terms of revenue it is the second biggest retailer operating in Australia after Woolworths. Since 2018, Steven Cain is the newly appointed CEO of Coles Group. James Graham is the Chairman of Coles Group.
Employees: There are approximately 112298 employees working in Coles Group.
Outlets: There are more than 2500 retail outlets of Coles Group present all over Australia and tries to serve quality services and value creation to around 21 million customers each week.
Turnover: As on 2019, the net revenue of the company is AUS$38.464 billion. Net income of Coles is AUS$1.467 billion. The total asset acquired by Coles Ltd was AUD$9.777 billion and its equity financing amounted to AUD$3.357 billion.
Geographical location: Coles is present in various parts of Australia. The first store of Coles was opened in Melbourne subu
of North Balwyn in the year 1960.
Core product: Company deals with selling retails and consumer services products in an around Australia. the core products in which Coles deals are Coles supermarket where all types of grocery and consumer products and services are available to the customer, Coles online where customer can order their purchase anytime, anywhere and by offering home delivery services along with night pick and drop facilities to the customers; Coles liquor offers the customers various types of liquor; Coles express which is a fuel and convenience retailer; Coles flybuys which is the loyalty program offered by the company to the customers and Coles financial services offering various financial services like insurance, credit cards and personal loans to the Australian families.
Identifying the industry in which it operates: It is a big retailer in the supermarket chain of stores. Thus, it is a retail, supermarket and consumer services stores in Australia and operates within this segment.
Discussion forum Topic 2 - Week 5
Topic 1: identify the 5 most important external stakeholders in the organisation.
Assess their interests and influence in the business
The five most external stakeholders of Coles Group Ltd are its customers, suppliers, the local community in which it operates its business, the creditors from whom they have bo
owed debt and finally the government of the country in which it operates.
Customer: These are the individuals or group of people who demand satisfaction is the ultimate objective of the Coles. To adhere in accordance with their taste and preferences of the customers, Coles has tries to satisfy the demands of the customers though supply of various goods and services, consumer and electrical products, online purchase and home delivery and financial services.
Suppliers: These are the vendors who supply raw materials, goods and services to Coles. These are generally the farmers, smaller stores and proprietors who deliver goods and services and helps to Coles to consistently balance their supply chain management. The suppliers of Coles are multiple as they deals in sales of various products like groceries, foods, consumer products, electrical and electronic equipments, liquor, financial services, loyalty programs and fuel and convenience services through its home delivery and supply.
Local community: The local community in which Coles operates helps to provide the people employment opportunities in their...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here