EXECUTIVE SUMMARY COMPANY OVERVIEW COMPETITOR OVERVIEW GLOBAL GROWTH STRATEGY - “HITTING OUR SWEET SPOT” OREO IN INDIA: MARKETING ANALYSIS TARGET SEGMENT POSITIONING MARKETING MIX (PRODUCT‚ PLACEMENT‚ PROMOTION‚ PRICING) COMPETITOR ANALYSIS 3 3-4 4 4-5 5 6 6-8 8 8 8-9 9 9-11 11 12 13 14 14-15 15 16 17 18 19 19 20 20 21 21 22 23 24 25 26 27 28 29 30-31 31 32 33 34 35 36 36 37 37 38 39-40 KRAFT IN INDIA: FUTURE MARKETING STRATEGIES NEW PRODUCTS INNOVATION ACCOUNTING INCOME STATEMENT ANALYSIS
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Strategic Management Dr. Nanette Metz Executive Summary Kraft Foods is an extremely well recognized brand that provides a vast array of food and beverage products with the ultimate goal “to become North America’s best food and beverage company” (Kraft‚ 2014). Critical analysis of Kraft Foods mission‚ vision and values statements revealed some necessary changes to enhance organizational success. Kraft Foods will become the top in their industry by continuing to develop and sell
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• The Porter Generic Strategy framework enables an organisation to check the logic of its current competitive strategy and if necessary- the organisation can look for a new strategy • COMPETITIVE ADVANTAGE- the ability for a company to add more value for its customers than its rivals (therefore hold a position of relative advantage)….. The key drivers of competitive advantage are cost leadership and differentiation product • COMPETITIVE STRATEGY- the means by which an organisation seeks to achieve
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amounts to standard competition (David and Greenstein‚ 1990). The second factor is the appropriability- this hinges mainly on the nature of the technology and the accessible legal mechanism to protect an innovator. It clearly deals with the firm’s strategy and organization as a means to appropriate value from innovation (winter‚ 2006). The third is the complementarity‚ for many electronic products‚ widespread acceptance depends on the availability of related goods that enable or enhance their functionality
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Porters Generic Strategies Strategy concerns two factors‚ deciding where you want a business to go‚ and deciding how to get there. According to Grant (2010) “A firm can achieve a higher rate of profit (or potential profit) over a rival in one of two ways: either it can supply an identical product or service at a lower cost‚ or it can supply a product or service that is differentiated in such a way that the customer is willing to pay a price premium that exceeds the additional cost of differentiation
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Summary History Kraft Foods began in the year 1903‚ when James Lewis Kraft purchased wholesale cheese and began to sell it to stores in Chicago‚ Illinois. Later on James Lewis Kraft along with his four brothers‚ Charles‚ Fred‚ Norman‚ and John‚ start the company J.L. Kraft & Bros. Company. The company then decided to produce and vend the company’s own cheese goods. The company then altered its name to Kraft Foods and began selling diversified products. Industry The food and beverage business
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Strategic Objectives and Capabilities in Understanding the Relationship between Porter’s Generic Strategies and Business Performance ´ ´ ´ Javier Gonzalez-Benito and Isabel Suarez-Gonzalez ´ Dpto. Administracion y Economı´ a de la Empresa‚ Universidad de Salamanca‚ Campus Miguel de Unamuno‚ Edificio FES‚ 37007 Salamanca‚ Spain Corresponding author email: javiergb@usal.es An appropriate alignment between business strategy‚ manufacturing strategic objectives and manufacturing capabilities reportedly influences
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➢ Kraft foods is the world second largest food company since it has the presence in 160 countries with 168 integrated factories‚ (Geographical presence of Kraft foods ) ➢ It has a heritage of business since 1903 ➢ The human resource capacity of this company is 97000 which make them the one of largest in the globe‚ ➢ Kraft foods carries 40 brands which is in the market over 100 years ➢ Country led model of the Kraft foods which lead towards
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In the article "Generic Strategies"‚ the world-renowned master of competitive strategy‚ Michael Porter‚ pilots the reader through a macro-level guide to the three chief mechanisms that a company can use to achieve that elusive business world goal: Sustainable competitive advantage. Porter exalts that companies are essentially faced with a mutually exclusive decision in terms of broad level strategy. Deciding between more than one broad or generic strategy significantly increases the risk that the
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The Beginning and Growth of Kraft Foods - The year was 1903‚ the horse and wagon was hired‚ the lad of cheese which had been purchased‚ and the entire enterprise was started on $65 capital. - The driver was James L. Kraft‚ and J.L and his horse Paddy are the historic “co-founders” of Kraft Foods‚ now a division of National Dairy Products Corporation. - In the beginning‚ J.L drove to the market early each morning and selected the best cheeses available‚ which he then peddled to the grocers
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