Whole Foods Market in Norway - 3916 Words

Organizing for International Business Activities I. Selecting a Global Company Structure Whole Market Foods (here by called the company) is a domestic company headquartered in Austin, Texas, United States operating 284 stores in the United States and 11 internationally as of September, 2009 (Annual Stakeholders Report 2009). The company is operating through subsidiaries (here by called stores) domestically and internationally and are wholly owned by the company. Local stores domestically and internationally administer operations and values chains set by headquarters. With stores operating actively within the United Kingdom and Canada, a similar approach will be used towards its expansion into Bergen, Norway. As an†¦show more content†¦This cash flow is internally generated but may not be sufficient to support high growth objectives. Financing may also be continued by the owning company (Bartlett, 2002). This may be done through money exchange, equity and loans. As a matter of being quick and cost-effective, this solu tion is the most likely financing that is done to sustain the company in the oversees location. III. Creating a Global Management Information System The global information system will require the use of internet technology managing financial documents, inventory reports, sales reports, marketing information and human resources. Sparked by intranet (internal networking) and internet (connection to the worldwide web), real time information can be relayed to headquarters for reporting data supporting store operations. Internet based databases like those offered by Oracle offer a nearly user friendly solution to implement when dealing with massive data transfer derived from store operations. Monitored and ran by headquarters, this global information system will feed, track and report several financial documents used by headquarters for earnings reporting; income statements, profit/loss statements and cash flow are among the most important when reporting to stakeholders. The store will i nput sales, food cost, labor cost, controllable expenses and facility costs for projected costs. Further,Show MoreRelatedWhale Hunting Should Be Banned1074 Words   |  4 PagesThey say its their culture which I understand, but really 100 plus whales a year isnt necessary and a lot goes to waste! Whale blubber is over half the whale and Norway hates blubber so they send it to Japan another big industry in whales. Norway also send s whale meat to Japan which means the have even more meat to go into the market and sold and at least goes to waste. Hunting is done from May to October and people put traps out to these unharmful animals. 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