Whole Foods Market

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Whole Foods Market
The whole foods market has taken a remarkable growth journey since its inception in Austin Texas in 1981. The grocery chain store has expanded to over 350stores in the United Kingdom and United States supplying organic foods especially perishable fruits and vegetables. The organic food market is a limitedly explored business opportunity by chain stores. Whole food markets enjoy the potential of growing its market share and profits threefold with sound management policies and informed forecasting's and planning to reduce costs. Since 2003, Whole foods embarked on a serious expansion program that saw them increase the number of their outlets through constructions of larger stores rather than the traditional acquisition and merger of smaller enterprises (Whole Foods Market Inc., 2014). This factor alone could be the reason why the company registered decreasing returns during the period.
Structure
The firms administrative structure consists of headquarters regional administrative centers distribution points, kitchens, bake house facilities, meat and seafood processing centers. Additionally it runs a tea and coffee procurement and roasting operation bases. The company structure is largely vertical hierarchy with executive managers in charge of different departments and regional offices (Whole Foods Market Inc., 2014). The firm's rapid expansion has necessitated organizational structure adjustments that have an impact on the human resource factor of the daily activities of its stores and organization as a whole.
Mission & Vision
The firm's mission of providing an enjoyable shopping experience for its clientele is being met with the construction of larger stalls that would create an inviting shopping environment that is an important factor in attracting customers. Grocery stores unlike malls and supermarkets do not enjoy popularity with a lot of potential customers. Further, such factors as impulse buying benefits to the service provider are not enjoyed given the limited time clients stay in a grocery. However, the cost of construction and or modification of stores to achieve the firm's vision is expensive at the present thus decreasing returns a case that may not be necessarily true in future when the investment pays (Forbes, 2014). The financial reports of financial years starting 2005 to 2007 indicate an upsurge in sales of the organization a result that may be attributed to investment in construction and modification of stores in the period preceding.
Core Values
The company has eights core values that has enabled them to succeed in their interactions with investors, producers, suppliers, distributors and clients. The cost of meeting this core values is not negligible, however, its implementation also has direct effects on the returns of the company and consequently its profit margins. High quality standards are perhaps the most costly value of the firm. Technological advancement has seen an increase in the use of chemical in the production of foods that may be harmful to human health (Whole Foods Market Inc., 2015). Consequently, the firm has to adopt cutting edge technology that would ensure that its suppliers supply goods of qual...