MGT 30220 Study Guide - Final Guide: Corporate Social Responsibility, Store Manager, Whole Foods Market
Strategic Management Study Guide
• Whole Foods Case:
o Strategy Diamond:
▪ 1. Arenas:
• Targeting customers who are affluent (suburbs/urban), health
conscious, environmentally conscious, more educated, and have
more disposable income
• Locations =
o wealthy areas
o not as widespread in terms of physical store locations
• Products =
o natural
o prepared foods
o experience beyond food
▪ 2. Strategic Choices:
• Team based store system
o team selection and compensation / decentralized
o Connection to perception of natural food
▪ relation of social responsibility and working
together
▪ INVESTMENT IN OTHERS
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