Friday, February 14, 2020

Managing Organizational Strategy Essay Example | Topics and Well Written Essays - 4250 words

Managing Organizational Strategy - Essay Example The company has been in operation since its establishment in the year 1911 and has had its 30% shares owned by the Thornton family. The company’s products mostly include chocolates, toffee and fudge, though it also deals in candies among other stuff (Smith, 2001). It has been committed to delivering quality products. It is led by Peter Burdon as the chief executive and boosts of at least 500 retail shops in over 568 countries across the globe. Part A: Strategic Position of Thornton External Environment: PESTLE Analysis Quite involved is the external environment of Thorntons Company which is associated with a number of activities. Its external business environment has suppliers, customers, competitors, as well as a number of regulations which are of direct influence to its business operations. The company has made efforts to ascertain that its ultimate role and purpose as regards its immediate environment enable it understand its position and place in the entire chocolate indus try (Treanor, 2000). The company has therefore acquired a stable position in its business environment alongside suiting its capabilities and resources. The company has also been able to align itself towards different needs form various governments. The same has been its case with regulations and legislations in its various markets in different countries within which it operates. In terms of economy, Thorntons Company has been stably placed in the market and it has been seen to be favored by trends in interest rates. Its employment is also well supplied and viable as far as its business operations are concerned along with reliable income distribution which is pinned on the same (Lee, 2001). The company has also been stable in it market amid inflations and recessions which have of late struck the entire global economy. In addition, Thorntons Company has been in the forefront in regard to corporate social responsibility. This is depicted as having positioned it well in terms of its rel ationship with the communities within which it does operate. Jenkins (2001) observes that this has also been the trend with people’s eating habits which have been seen to incline more and more to Thorntons Company products even in foreign markets. The company has therefore been able to influence a magnitude in its business environment. It has also adopted technological approaches such as in its products’ preservation and packaging. Its link to suppliers has also been electronically enabled hence efficiency (Cyert and Williams, 1993). The company also embraced internet sales and marketing of its products, as well as branding of the same. This has made easy and enhanced its operations especially following the fact that it is operating within a competitive market alongside helping in its management of data and information. Putting basis on environment and natural resources conservation, Thorntons Company has also been an advocate for green consumerism as have been identif ied with its operations and business activities (Edelman and Suchman, 1997). It has embraced recycling as well as environment sound and friendly packaging systems alongside energy efficient systems in its operations. Legally, the company has also been able to adhere to stipulated legislation requirements in various countries it has business in. this is evident in terms of health and safety requirements, in its planning systems and employment requirements. Strategy Capability Analyses: Using Value Chain to

Saturday, February 1, 2020

Week 5 Essay Example | Topics and Well Written Essays - 1000 words - 1

Week 5 - Essay Example hat the racial composition of Baltimore neighborhood is dominated by the African American, followed by the Latino and the remaining portion occupied by few whites. Evident socio-economic disparity which places significant Black population at the low income end is reflected in spending pattern. It can also be noted that the number of supermarkets and food chain stores are relatively few (Leslie 14). This is another indicator of limited access to high quality food. It is worth to note that price and demand are inversely related and this is reflected in the food spending pattern in Baltimore. The few food chain stores can be seen as directly proportion to the few high income white races. The graph indicates that the bulk of the population is low income earners. The consequences are less incentive of quality food selling stores top set up branches in such places. This translates to access to cheaper food which has relatively lower nutritional value. In the case of Baltimore with a low in come majority, prices have to be down with grocery ranging $1.99 - $3. This means that when food prices are high, the income level of people determines choice of quality. Junk food remains accessible but has significantly higher fat content which poses health risks to the population. It is important to note that availability of accessible pack and other open public places are instrumental in determining the need to undertake physical exercise. However, there tend to be a relationship between existence of such social amenities and the income of the surrounding. Baltimore is a case of limited public places where people can exercise their physical bodies. The result is poor physical health prospects and potential exposure to obesity. The prevailing average income of the majority is a central factor in setting diet standards. In essence, low income means elasticity to food prices and hence access to low quality cheaper food (Leslie 23). The problem with this is high risk exposure in regard