BUS599 MOD 02: Five Force Analysis Model for Wegman's

Five Force Analysis model for Wegman’s
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Five Force Analysis model for Wegman’s
The Five Force Analysis model is most appropriate for use at Wegman’s. Wegman’s is a supermarket chain with 92 stores in the US making it one of the largest private entities in the country. Additionally, it has above forty-seven thousand workers making Organizational Development (OD) a critical consideration (Wegman’s, 2016). Wegman’s was ranked number four on the 2016 Fortune magazine in a list of a hundred best companies to work. The company has been among the top hundred since it was founded in 1998. According to Falletta (2005), the Five Force Analysis is easy to understand and visualize. In this context, it becomes easier for managers in the company’s stores to engage in changes that advance the business. Fundamentally, it allows the top management to involve all workers in implementing changes.
The company deals with different supply chains that range from processors to organic farm products. Supply chain management is one of the key factors that determine the performance of a supermarket. Suggestively it is a driving...