Safeway And Wells Fargo Company Analysis Safeway Essay

PAGES
5
WORDS
1483
Cite

Safeway and Wells Fargo Company analysis

Safeway Company remains a private company, which is listed on the New York stock Exchange being an American food and drug retailer. The firm is among the biggest supermarket chain retailers found in North America. The company has a solid supply chain of network partners, which facilitates manufacturing as well as distribution facilities. Presently the company seems to be operating under almost 13 unique brands found in the market. The company is listed as number 52 in the list with 1000 fortune companies. On the other hand, Wells Fargo is a company traded public and established by Henry Wells, William G. Fargo together with other associates. The founding of the company in that era was because of increased cases of stagecoach robberies. They concentrated on safely transportation of money from Nebraska all the way to California (Lorrayne, 2006). Currently, the company makes usage of the stagecoach image being the company's background as well as their main marketing techniques.

Legal Criteria

Safeway remains subjected to different local, federal, state as well as international rules, which have profound impacts on the business. They need to comply with all the regulations together with provisions. Any change of governmental regulation, which is against the practices of the business can lead to product redesigning, company strategies restating and even business units' closure. Safeway is considered a legal proceedings party from time to time as some of the proceedings undertaken against the firm is linked to employment issues, operations, dealings and other claims, which have extreme impact on the market image of the company. There are many law suits filed at the state and federal level mostly against the firm with respect to working hours coupled with the wage rates.

Conversely, Wells Fargo has experienced legal trends in America because of changing trends. The main one is war in that during such a situation, it creates more federal jobs for the population geared towards using every means to support the war. Businesses tend to profit by selling goods used for war to the government as more money keeps on coming because of the war and create many jobs to the public resulting to population growth. Alternatively, when the government creates policies, which affect the public such as shutting down of free medical clinics, then people...

...

All these can make the rate of population growth reduce as see less money is spent on various goods. Different sectors are affected in diverse ways with certain industries particularly affected by government actions. Even though, all businesses seems to be influenced by specific regulation licensing as well as certification, which can dictate largely how some industries operate.
Social Criteria

Safeway has come up with a foundation, which is called Safeway foundation with an aim to raise as well as spend money to improve the people and their communities. The major fund receivers are people suffering from hunger by providing them with education, human services, as well as assist people with disabilities. The firm reported funding approximate raise has been almost seventeen million dollars in terms of research on breast cancer. The firm has also participated into volunteerism by working together with people from different nonprofit organizations, whose main aim is operating to improve the living standards of people. The company has funded various research centers and donations of a million dollars to help different communities.

On the other hand, the social trends keep on changing in various life aspects as human activities often create new systems coupled with emergent behaviors, which are unpredicted. This is similar to the ever-increasing human integration and natural systems resulting to simultaneous increase of human evolution. A social trend, which society is embracing in the banking industry seems to be the online banking. The situation has encouraged Wells Fargo together with their competitors to come up with online banking options made available to everybody with internet 24 hours. Social trends have definitely changed in terms of following trends considered technological. Lack of technology items means there is generally no social trend, which will follow a particular item.

Economic Criteria

The present economic conditions of America do not seem encouraging in terms of conducting business operations in the country. There has been a continual stagnation of the economy after the release of the 10% unemployment rate. America and Canada markets seems to have declined with volatility signs because of uncertainties taking place such as unemployment, credit availability, challenging banking…

Sources Used in Documents:

References

Estrella, Joe. "Wells Fargo dedicates new Nampa branch to Hispanics: Most loan products will be available with a review of credit history. " Knight Ridder

Tribune Business News 7 September 2006 1. ABI/INFORM Dateline. ProQuest. Retrieved November 30, 2013 from http://www.proquest.com/>

Liedtke, Michael. "Wells Fargo to counsel mortgage borrowers with poor credit: [Final Edition]. " Beaumont Enterprise [Beaumont, Tex.] 5 Dec. 2006,B5. ProQuest Newsstand. ProQuest. Retrieved November 30, 2013 from http:/ / www.proquest.com/>

Lorrayne, Anthony. "Young fogies' searching for higher quality:," Times Colonist (Victoria,


Cite this Document:

"Safeway And Wells Fargo Company Analysis Safeway" (2013, November 30) Retrieved April 24, 2024, from
https://www.paperdue.com/essay/safeway-and-wells-fargo-company-analysis-178497

"Safeway And Wells Fargo Company Analysis Safeway" 30 November 2013. Web.24 April. 2024. <
https://www.paperdue.com/essay/safeway-and-wells-fargo-company-analysis-178497>

"Safeway And Wells Fargo Company Analysis Safeway", 30 November 2013, Accessed.24 April. 2024,
https://www.paperdue.com/essay/safeway-and-wells-fargo-company-analysis-178497

Related Documents

Vision Company Background Company Overview Clear Vision is a premier manufacture of cutting edge personal vision solutions. The company's new breakthrough product, Liquid-Drop Contact Lenses, will create an entirely new niche in the eye care industry. The company is headquartered in the U.S. And manufactures their products domestically. The entire production facility is FDA approved and the company produces high quality goods that are all focused on the eye care industry. The

Commerz Bank AG Company background -- Environmental scan -- Strategies and Recommendations -- Implementation plan -- Risk management: Action plan CommerzBank AG -- Valuing Customers The study of CommerzBank AG meta-analyses will provide a critical analysis of how the organization's vision, mission, and people strategies and values statements are aligned with the proposed strategic plan. Keywords like "people strategies" "vision" "values statements" "mission" "strategic plan" "internal environmental analysis" "external environmental analysis" will be used

JetBlue Company Background Organizational mission Vision Value statements Environmental scan Review of strategies and a recommendation for the best strategy for the organization Implementation plan Functional tactics Action items Milestones and Deadline Resource allocation Key success factors Budget and forecasted financials Break-even chart Risk management plan Contingency plans for identified risks JetBlue is one of the leading airline carriers in the United States. The airline company has long been at the forefront of ensuring that passengers are exposed to quality service and products. Since the advent of

Apple Company Background Apple: Executive Summary Company Background Vision Statement Although Apple does not explicitly state their vision, it can be assumed from their mission statement and values that its vision for itself is structured in the continuation of its innovations in modern technology. The company has a clear vision for both the present and the future. It envisions being a major force in the technology and entertainment markets. The company now wishes to

In fact, in scanning documents about Southwest, one finds that they have been accused of being insensitive to the issue of larger built passengers. It appears that, at times, SW requires large passengers purchase two seats or not fly. Of course, as with most controversial issues, there are layers of issues surrounding this controversy: are Americans becoming larger? Are SW seats smaller to squeeze more profit into a flight?

The gross margin for the company in this quarter was 80.9%, up from the previous quarter and also up significantly year-over-year. The first full quarter of Windows 7 results will the third quarter of fiscal 2010, and the result of that quarter will not be released until April 22, 2010 according to the Microsoft Investor Relations website. Corporate Solution/Action Taken During the development of these two latest iterations of Windows, Microsoft