This is a Research Response Assignment. The focus on "Management" using Woolworths as a case study.
<h3>Who manages the company?</h3>
The Group CEO of Woolworths is Roy Bagattini. He also doubles as one of the Executive Directors.
The CEOs of all the subsidiaries report to him. Some of the subsidiary CEOs are:
- Zyda Rylands - CEO - Woolworths Food
- Raju Vuppalapati - CEO - The Country Road Group
- Manie Maritz - CEO - Fashion Beauty and Home.
<h3>Is the manager(s) actively involved in the decisions of the business at Woolworths?</h3>
In Woolworths, line managers are responsible for the daily activities and decisions. The all report to the CEO. The CEO's report to the Group CEO and the Group CEO to the Board of Governors.
<h3>Will the managers be able to make informed decisions at Woolworths? </h3>
Yes Managers in Woolworths are able to make informed decisions at Woolworths.
<h3>What form of capital will be obtained at Woolworths? What form of capital will be obtained at Woolworths? What amount of capital could be raised at Woolworths?</h3>
The capital that will be obtained at Woolworths is subject to the finance requirement of the company.
Over the course of one round, Woolworths raised a total of ZAR500M in fundraising. On December 30, 2015, the above Venture - Series investment was raised.
It is also important to note that The Woolworths company reported total food sales of 44.44 billion Australian dollars for the Australian financial year 2021. This is a rise from the prior year and continues the rising trend that began in 2016.
<h3>Can the business raise extra capital for expansion at Woolworths?</h3>
If there was a requirement for it, the company will certainly raise the required funds. As indicated above, their financial are suggestive of a growing and expanding company. Their financial status is indicative of strong financial health.
<h3>Who will be taxed at Woolworths?</h3>
The tax rate applicable on sales items at Woolworths is always subject to the prevailing tax rate of the country in which their operation is domiciled.
The Value Added Tax will be paid by buyers of Woolworths goods, Personal Income Tax by it's staff and Company Income Tax by the company.
<h3>What is the tax rate at Woolworths?</h3>
The tax rate for Woolworths Group is calculated to be 27.33 percent for the fiscal year that ended in June 2021.
<h3>How does the tax rate compare with other forms of ownership at Woolworths?</h3>
The rates is relatively fair when compared with other forms of ownership at Woolworths.
Learn more about Woolworths at;
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