The weakness of Kudler Fine Foods is that an IPO (Initial Public Offering) has many inherent and potential weaknesses that must be examined prior to selection as a means for expansion. An IPO is the first sale of stock by a company. There are many advantages and disadvantages for the Kudler Fine Foods to go public through the IPO. The advantages include generating more capital needed to expand their three locations The IPOs are very expensive undertaking, and a large portion of any capital acquired will be lost to this cost. Because the company must produce all financial information to the SEC many businesses find it to be very stressful and time consuming which takes time and money away from a company that is thriving like Kudler Fine Foods.
By hiring yourself, the interviewer would be able to clearly communicate, to a potential candidate, the company’s expectations. In addition, outsourcing could prove to be expensive for the company, which would increase overall cost, and subsequently reduce the overall profit margin. 3. External or Internal Hiring In order to be the most successful, Tanglewood would need to have a mixed strategy when it comes to this staffing concept. Since all store employees are required to spend some time as an associate, it would be beneficial for them to utilize an external hiring strategy for many of the store positions.
This can make expanding and growing very difficult and decisions must be mad wisely. When it comes to their products that are purchased around the world to ensure high quality, expanding may affect that quality, making it hard to supply a specialty product. Going public through an IPO, may change the very decision made that make their company special, or it may enhance their products by providing more resources. Acquiring another company in the same industry to help their company grow could cause increased financial stability or increase their financial burden. Kudler can merge with another organization in hope to expand while implementing their mission and values on that organization or that organization may hurt their reputation.
Kudler Fine Foods Photography The pros and cons of outsourcing the photography to a professional photographer Kudler Fine Foods is a rapidly growing online retail business that needs photography services just like any other business. This makes the company reach a decision-making point on whether or not to outsource its photography services. Such an initiative has both advantages and disadvantages that company managers involved in decision-making must put in place before making a move (Tuck 2010). Cons Some of the disadvantages of outsourcing photography services include • The possibilities of losing total control over the process of the professional thus resulting to results that may not have been envisioned by the company owners. The photography process is always internal and in line with the photographer’s imagination, which an external party may not fully understand.
Every company in an industry is in a unique situation determined by its history and current competitive strategy. For smaller organisations within an industry dominated by one or two large companies, the actions of the major companies will often produce new and significant problems for their smaller competitors. The information requirements for the smaller companies may involve establishing a new market niche, getting out of a product line completely, or redistributing resources among various product lines. Their strategy is mainly reaction to the larger companies’ strategies, but is important in any business in any market. Imagine only three (3) points are to be rolled out in the first phase.
DEVELOPING PROFITABLE CUSTOMER RELATIONSHIP. It is a challenging time for most business leaders today. Leaders are demanding their company’s grow and so marketers are continually focused on driving their products and services into the hands of new customers. Unfortunately this intense focus on attracting new customers has taken attention away from established or past customers. It is measurably more expensive to attract a new customer than to retain an existing customer.
GM has had to reevaluate the company’s organizational structure for financial solvency, and to gain a foothold against strong competition expanding into the US and developing markets abroad. The Company’s Traditional Structure The old GM historically had a Vertical organizational structure. The rigid hierarchy may have contributed to some of the problems they faced as globalization increased competition. GM had many different companies centralized and all tied to the GM name. This created many redundancies in management, and this reflected in the products.
As Sainsbury's have a hierarchical structure they are most likely to lose a lot of money because for the marketing and research and development departments to carry out their functions they would need funding from the finance department. For this information to get to the finance department a lot of time would have been wasted and also for the finance department to reply to them, all this would cost them a lot of money. Advantages of Sainsbury's is that the power they have would be successful for the business as when work is being done the communication of the workers together when given commands from the manager and having to work better for the manager to impress them in order for more work to be done and at a more well-organized rate then if there was no pressure from the manager. Disadvantages would be that the workers would start to get stressed from having to complete the workload at too fast a pace for them to work at all times that they will start to work less and dislike there job and some days may not want to work as they are stressed to do work which is too much for them to cope as they are trying too hard to impress, this could lead to employees wanting to quit their job. Advantages are that when having to complete work set out by the manager to the employees it can be done efficiently so that the manager will be able to assess the employee and they could get a promotion to a higher part of their job.
(“Threats come from all sorts of areas within the market.) Depending on the aggressiveness and business acumen of the current ChildCare centers, an advertising, price war could exist”. (“This would tie up time, resources, funding, and focus for TW, yet if their break-even is a certain family makeup and number, then they must fight for that.”) “Threats also include those of an economic nature: TW is planning on utilizing financing at a certain competitive rate, those rates, within an unstable economy, most especially for a new business, may be far higher than expected, and the amount of down-payment and owner contributions greater”. “This could have a very real impact upon the timing and efficacy of the plan”. “Additionally, depending on the community involved, the economic situation will likely have a clear effect upon the disposable income of the family structure in their demographic type, as well as the ability for active and effective advertising and promotion (See: “The Current Economy’s Impact on Child Care,
However, we have all seen the drastic changes in our lives that marketing have brought us today. Man are no longer satisfied by just being able to have the flexibility to purchase goods or services which is brought about by marketing, instead they look at all the other attributes that comes with a product. How fast can a good be delivered, the quality of that product, the cost and quantity are also taken into consideration when we decides what product that we should buy. The scopes of marketing have led to consumers’ satisfaction when it comes to goods and services. Consumer needs varies widely, and as such, producers have the task of continuously responding to consumers need by developing a relationship with them in other to exceed their expectation.