Module 5 case assignment Coursework Example | Topics and Well Written Essays - 1250 words

Module 5 case assignment - Coursework Example This paper aims at analyzing the feedback loops and organizational learning opportunities for the Whole Foods, an American based foods supermarkets chain. As noted earlier, reinforcing feedback loop makes an organization to acquire significant growth thus putting at bay its rivals in the market while at the same time enjoying product diversification. Additionally, reinforcing loop takes place when an original change is reinvested to further bring about change in the future (Bellinger, 2004). One of the notable aspects of the reinforcing loop is that they create a momentum. In this way, they ensure that activities within the firm are kept in motion thus ensuring there are limited delays and the consumers can get their brands on a regular basis. In their efforts to satisfy the needs of the customers, firms use the feedback from their consumers to improve the quality of their brands. Given the need to attract more customers, Whole Foods Market is focused at establishing new lower cost store as a way of serving the younger perennial shoppers. According to the management, once the new store is launched, and extensive promotion is undertake n, more potential consumers will encounter fresh foods, which will be the major products in the store. Through the word of mouth marketing, more Whole Foods adopters will ultimately emerge in the future. Another example of a reinforcing feedback loop that is applied by Whole Foods Market is based on the high US population. As the population is high, more children will be born who are potential consumers. Once they become adults, these children will also bear children. This implies that the demand for the supermarket products will continue to expand. On its part, the balancing feedback loop, which entails circles of cause and effect, has the objective of countering a change that includes a push in the opposite direction. As the push is made harder, the system on its part pushes back resulting to the

What would happen in a market that is transformed from a perfectly Essay - 1

What would happen in a market that is transformed from a perfectly competitve market to a pure monopoly - Essay Example The only thing that affects the price of the product is the demand and supply of the product. In such a situation, the consumers benefit. They have a high variety of sellers to choose from who are constantly trying to find ways to minimize their prices so that the customers buy from them. In this struggle, the customer ends up finding the lowest price. Also, in a perfectly competitive market, there is high potential for innovation. As the sellers and producers aim to minimize their costs in order to lower their prices, they invest money in research and development and, hence, the state experiences innovation and technological advancements. A perfectly competitive market, however, is not the best place for a seller. Due to fierce competition and lack of market power, sellers experience low margins of profits on the goods they sell (Case and Fair). Moreover, producers must constantly be on their toes to monitor the performance of their competitors and must try and stay a step ahead of them. In perfect competition, producers and seller try and differentiate their offerings through advertisements and creating brands. Again, they must do this through incurring marketing expenditures which would further increase their costs and make the environment very risky for them. The dynamics of a monopolistic market are the opposite as compared to a perfectly competitive market. If a perfectly competitive market were to transform into a pure monopoly, it would become a very stress free zone for the firm. In a pure monopoly, the firm would have complete control over the price of the product. Also, because there are no competitors, it does not need to worry about the customers switching to another seller. It is purely to the firm’s discretion what price it wants to set for the product. (Case and Fair) Needless to say, the customers have to suffer in such a setting. The long list of