Reference no: EM13331752
Read case 1 in the textbook, and then respond to the case questions given below. (See “A Guide to Case Analysis” for further guidance on written case analysis.)
In addition to using the Whole Foods case study provided in the textbook, research the company further to find any relevant events that have transpired since the writing of the case study. Use the company’s Web site, Internet search engines such as Google, online data services, or other sources to locate the latest articles about the company including press releases and current financial information. Be sure to cite all sources according to APA guidelines (see also Appendix: A Note about Documentation).
Case Questions
1. What are the chief elements of the strategy that Whole Foods Market is pursuing?
2. Is the strategy well matched to recent developments and conditions in the natural and organic foods segment of the food retailing industry?
3. Do you think John Mackey has a good strategic vision for Whole Foods? Why or why not? What do you like or dislike about the company’s motto “Whole Foods, Whole People, Whole Planet”? Do the motto and the principles underlying it (exhibit 1) really matter at this company or are they just nice words and cosmetic window dressing? Explain.
4. Do Whole Foods Market’s core values as presented in case exhibit 3 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. How well is Whole Foods Market performing from a financial perspective? Do some number-crunching using the data in case exhibits 9 and 10 to support your answer. Use the financial ratios presented in “A Guide to Case Analysis” and in table 4.1 of the text as a basis for doing your assessment of the company’s financial statements and financial condition
6. How well is Whole Foods Market performing from a strategic perspective? Does Whole Foods enjoy a competitive advantage over its rivals? Does the company have a winning strategy?
7. Do you approve of the decision to acquire Wild Oats Market? What pros and cons do you see?
8. Were John Mackey’s Internet postings unethical or in any way inappropriate? What actions, if any, do you disapprove of? What actions, if any, should the company’s board of directors take with regard to his Internet posting and blogs?
9. What recommendations would you make to John Mackey regarding the actions that Whole Foods’ management needs to take to get through the recession that began in earnest in 2008? Should the company severely cut back on opening so many new stores? Should the company vigorously contest the reopening of the FTC’s challenge to the Wild Oats acquisition? Are any other strategy changes needed?
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