Preview

Foodcrop Spot

Satisfactory Essays
Open Document
Open Document
570 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Foodcrop Spot
Foodcorp SPOT Analysis
Strengths: What are the things the company does well now?
Has great performance in cereal and dessert lines.
Be the Market leadership in frozen food and yoghurt business.
Knows consumers’ need from the market research.
Has one of the best distribution systems in the industry.
Has good logistic system but can still be improved.
Has clear vision of its strength philosophy.
Problems: What is wrong now? What are the things the company does not do well?
The formalized matrix reporting relationship in Marketing department is complex and can cause problems in many ways such as ambiguity, coordination, and tolerance. (P.16)
The matrix-like organization structure which does not separate the international operation and sales from the domestic operation and sales does not give chief country officer the full control over the international activities. This might cause the delay in making decisions about international activities which the international market has more growth and profit than the domestic market. (P.16)
Service tailored to needs score is very low (2.5 from 5). (P.17)
International Market’s Problem (copied from P.19)
Net-after-tax profits are frequently in the 5-10% range; fluctuations in currencies, an error in raw materials purchasing, or changing transportation costs could wipe out much of the profit.
Competitors are selectively attacking our markets and we are not fighting back in a coordinated manner.
We do not always take advantage of our relationships with in-country nationals in understanding local government operations, personalities.
Consumer advocates in some countries are attacking us both for pollutants emitted from our factories and the heavy salt or sugar content in some of our food products.
The market share for some products is declining.
From the Financial and Market data, some ratios indicate that Foodcorp needs to be improved since these following ratios – Inventory Turnover, Return on average

You May Also Find These Documents Helpful

  • Better Essays

    Acct-504 Final Project

    • 1253 Words
    • 4 Pages

    Tootsie Roll and Hershey are two similar companies with a similar product offering, but they operate on entirely different scales. In an effort to determine the better investment of the two companies we will utilize multiple financial analysis ratios to gauge the health of the respective companies in terms of liquidity (the ability to pay short-term liabilities and respond to opportunities), solvency (the long-term viability of the company) and profitability (the efficiency at which the can turn it’s resources into profits). However, the snapshot picture of health that a single years worth of financial statements provide is not enough. Below we have offered a horizontal analysis of the respective companies to show the change in their health from 2012 to 2013 and analyzed the two companies against each other to show why we recommend Hershey as the better investment.…

    • 1253 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Skadurz Pro Case Summary

    • 1223 Words
    • 5 Pages

    3. What are the issues and problems facing the company? (Sort them by importance and urgency . )…

    • 1223 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    This is a brief analysis and comparison of select financial ratios of four companies: two in the manufacturing and two in the retail food industries. The financial ratios analyzed are the current ratio, debt ratio, profit margin, return on assets. I should point out that I used the most recent financial reports provided for each company, although in some cases they may not represent the same years. All dollar figures are in thousands.…

    • 2439 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Whole Foods Ratio

    • 945 Words
    • 4 Pages

    Kroger and Whole Foods are the two giants in the grocery industry; however, their capital structure and financial measures paint vastly different pictures. The liquidity ratios, which measure short term solvency of the company, were calculated for both companies. The current ratio for Kroger was calculated to be .76 compared to a current ratio for Whole Foods of 1.60. At a glance, Whole Foods is more able to pay their short term debt obligations compared to Kroger. In the same vein, Whole Foods has a much higher quick ratio at 1.20 compared to .25 for Kroger. The capital structure of the two companies is the main reason for the distinct differences in the liquidity ratios. Kroger has financed the company’s expansions with debt; whereas, Whole Foods has financed their expansions with equity. One of the reasons why Whole Foods’ quick ratio is higher than Kroger’s quick ratio is due to inventory management. Whole Foods is an industry leader at inventory management. Whole Foods inventory consists of two-thirds perishable foods, which requires management to have outstanding inventory management to be profitable. Due to the outstanding inventory management of Whole Foods, the quick ratio for the company is higher compared to the much larger Kroger.…

    • 945 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Assignment 1 2015W

    • 491 Words
    • 3 Pages

    --Hints: Try to identify problems in operation, product and service quality, productivity, labour cost or other costs, employee morale and behaviour, employee turnover or commitment, and customer satisfaction, etc…

    • 491 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Unit 2 P7

    • 2479 Words
    • 6 Pages

    Ratio analysis is a tool brought by individuals used to evaluate analysis of information in the financial statements of a business. The ratio analysis forms an essential part of the financial analysis which is a vital part in the business planning. There are 3 different ways of assessing businesses performance and these are: solvency, profitability and performance. Ratio analysis assists managers to work out the production of the company by figuring the profitability ratios. Also, the management can evaluate their revenues to check if their productivity. Thus, probability ratios are helpful to the company in evaluating its performance based on current earning. By measuring the solvency ratio, the companies are able to keep an eye on the correlation between the assets and the liabilities. If, in any case, the liabilities exceed the assets, the company is able to know its financial position. This is helpful in case they wish to set up a plan for loan repayment. Ratio analysis is also helpful in analysing the performance of a company. Through financial analysis, companies can review their performance in the past years. This is also helpful in identifying their weaknesses and improving on them. Polish Fine Foods needs to use ratio analysis because it is a valuable tool for the business’s management to determine the performance of a business and to control the cost measures when necessary. Also, ratio analysis helps them monitor and identify issues that can be highlighted and resolved. However, ratio analysis doesn’t take into account external factors such as a worldwide recession.…

    • 2479 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Home Page

    • 1246 Words
    • 4 Pages

    Introduction: | Below is business memorandum to the CEO of Company G. Below is a chart that full meets the expectations of the task that was give. Each ratio is explained and the formulas used are listed along with the ratio finding. 1. That information is used to understand what our current trend and if it indicates a strength, weakness, no concern. Final Justification of identification of each ratio or trend as a strength, weakness, or no concern is given. 2. No outside sources where used to find the industry data quartiles because those numbers where already given on the attached “Statement Analysis Template Sheet” and we have assumed that the facts are current. | | |…

    • 1246 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Toppits

    • 3080 Words
    • 13 Pages

    torontoExecutive Summary The marketing challenge before Toppits Foods Ltd. is to create a comprehensive marketing strategy to accomplish several corporate objectives, in the coming year, which include increasing profits, maximizing their products’ listing productivity, and promoting awareness of their product while ensuring that customers are repeatedly purchasing the product. The company has before it a couple of important decisions to make for the future of its business. These include considering the possibility of switching product suppliers from Israel to China, begin selling to mass-merchandizing stores like Wal-Mart and the ability to select a new, or alter their current, target market of women aged 25-54. Toppits Foods Ltd. should implement the following recommendations that would assist them in achieving their corporate goals for next year: • Continue to pursue targeting women aged 25-54 and not students or young professionals aged 18-25. • Toppits should not sell to mass-merchandizing companies like Wal-Mart but rather should continue pursuing grocery stores and target more warehouse stores like Costco and Sam’s Club. • Toppits should not change suppliers from Israel to China. • Toppits should research and develop a diverse product base in cubes. After making operational adjustments to maximize returns on their new operations Toppits should implement the following key marketing strategies: • Toppits should increase their wholesale price by 20% to increase their unit contribution and increase profitability. • Toppits should create new recipes using the cubes and have them published in magazines like Chatelaine and Canadian Home and Living. • Displays to be attached to freezers should be created that will advertise competitive advantages to consumers of cubes versus competition. • Toppits should implement a 2-phase coupon strategy that will not only introduce consumers to products but will encourage the purchase of several different varieties of the cubes…

    • 3080 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Whole Foods Case Study

    • 1574 Words
    • 7 Pages

    In this report I will examine and study Whole Foods Market and its effectiveness in the market. Along the way I will be performing an environmental analysis, defining the company’s strategic direction and how it could be improved, giving recommendations to find the ideal…

    • 1574 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Inner City

    • 317 Words
    • 2 Pages

    Threats • Compete with giants • Lost confidence of customers • Slowdown in overall the economy…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    2. Do you know anything about the current situation of the company? If yes, kindly state the situation in brief.…

    • 726 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Brannigan Foods

    • 1114 Words
    • 5 Pages

    Brannigan Foods: Strategic Marketing Planning To: Prof. McCullough From: Preeti Verma CC: Robert McCullough Date: 1/31/2017 Re: Analysis and Recommendations for Brannigan Foods: Strategic Marketing Planning INTRODUCTION This provides recommendations and analysis for addressing how Bert Clark, vice-president and general manager of Brannigan Foods’ provides the proposal to grow the division’s business over the next three years. This memo will look at: (1) Clark’s consultant’s report; (2) Clark’s four senior managers’ recommended proposals from different departments. In order to decide which of his managers’ proposals to pursue and how to tie back his decision and his objectives.…

    • 1114 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    M&S’s financial statements represent stability within the company. Revenue increase was a highlight within the key performances, which included a substantial rise in its food business. However the segment information also shows that were less efficient in controlling their product costs (cost of sales).…

    • 3962 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    1. Context: In early September’08 Giant consumer Products, Inc. (GCP) realized that Frozen food division, which had been growing at 2.8% (compounded annual growth) rate since 2003 to 2007 and accounted for almost 33% of GCP’s overall business volume, is not doing well now. The sales as well revenue volume is around 3.9% behind the target. Most specifically marketing margin (key parameter for GCP business) was also under plan by 4.1%. GCP had been doing well in wall-street but performance of past couple of quarters has increased the worries of GCP i.e. whether GCP will able to maintain its profitable growth.…

    • 2184 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    The structure of an international organization encompasses how the power, roles and responsibilities of the international units are arranged and how information flows from one level of management to another. The structure of an international organization must be strong because it contributes to the success and implementation of the company’s strategy (http://www.businessdictionary.com/definition/organizational-structure.html). International strategy is the way in which a business makes vital decisions about developing and arranging scarce resources. “The goal of international strategy is to create a competitive advantage that is sustainable over time” (Ball, D. A., Geringer, J. M., McNett, J. M., and Minor, M. S. (2013). International business: The challenge of global competition (13th ed.) p. 249). To accomplish strategy, the company should develop competencies that add value for the customers at a price they are willing to pay and they should make sure that the competencies are rare but organized in such a way that they allow the company to fully exploit the value from the competitive potential. (Ball, D. A., Geringer, J. M., McNett, J. M., and Minor, M. S. (2013). International business: The challenge of global competition (13th ed.)p. 231). To begin to strategize, or plan globally, senior management must identify opportunities and threats from all over the world. They must be able to plan on how they will effectively resolve those issues and how they will be able to finance the implementation of the strategies. International companies must be able to attract and retain the best talent available worldwide, including both women and men…

    • 1673 Words
    • 7 Pages
    Better Essays

Related Topics