CEO of a Medium Sized Public Corporation Reviews His Company

conditions being met are crucial to control. A business intends for consumers to buy it’s product.

Stakeholders are individuals or groups that partake, or assert, possession, privileges, or benefits in a, organization and its accomplishments, previously currently, and in the upcoming (Barrett, 2001). These requested privileges or benefits are the result of communications with, or activities reserved by the organization, and they must be lawful or ethical, separate or combined Stakeholders with comparable benefits, entitlements, or privileges can be categorized as fitting into the similar collection: personnel, investors, and clients (Barrett, 2001). The better the impact these groups have on client’s lives and the extra community assets with which they are assigned, and it becomes vital that they are responsible (Barrett, 2001).

The key stakeholders are the individuals that are directly involved with Kudler Fine Foods and will have a direct effect on the overall project. These individuals will be the main source of information in the analysis, design, implementation and testing phase of the systems upgrade.

People often think of stakeholders as people with a monetary stake in an organization, but not necessarily true anymore. In the past, people considered stakeholders the people with a financial stake in the organization that would receive profits from the success of the business. Today stakeholders cover a much broader spectrum of people such as funders, administration, staff, volunteers, community, and the target population (Yuen/Terao, 2003). Each group of stakeholders has his or her influence on the program plan as well as the success of a human service organization and programs services (Yuen/Terao, 2003).

Many farmers bring light to the fact that the food industry revenue is more important than human health. The food system is more gruesome than ever these days with genetically modified ingredients in almost all of our food. Large wealthy companies do not care about the health of their livestock, their hardworking employees, and most importantly their consumers. As a

Stakeholders are individuals and constituencies that contribute, either voluntarily or involuntarily, to its wealth-creating capacity and activities, and who are therefore its potential beneficiaries and/or risk bearers1. There are several different types of stakeholders associated with a corporation, and those stakeholders can have different views and opinions on what corporation 's goals should be and how they should be running. I have interviewed three different stakeholders of Staples Inc., an employee, a customer and a stock holder, to find their relationship between them and the firm. Then, I will use this information to suggest how the firm should proceed and continue to have a better and more beneficial

KFF has seen strong success and now must ensure continued growth by expanding services, improving the efficiency of operations, and increasing the consumer purchase cycle (Kudler Fine Foods, 2008). Each member of the organization must play a key role in achieving these objectives. Special attention must be paid to the supply chain and business processes, especially when developing a new product offering.

Consumer Demand Risks | Not being able to respond to consumer wants/demands quickly enough, leading to short-term revenue loss | Marketing Team | Consumer interests change, other companies offer newer/better product | Medium | Medium | Medium |

Decisions made by management to close two stores in high crime areas due to consistently losing money may seem beneficial to the company but that decision limits the community access to healthy food choices. Implementing limited amounts of health conscious and organic food after several years of customers request is unacceptable. Limiting the amounts of healthy and organic foods, Company Q is contributing to the community’s poor nutrition that increases the risk of obesity, diabetes, high blood pressure and high cholesterol. The local food banks request to receive day old products from Company Q was denied because management thinks it can become fraud by employees misusing products for personal usage. Company Q's current attitude towards social responsibility needs improvement. Company Q can make better decisions to become socially

Stakeholders are comprised of a multitude of people that have an interest in a company including employees, customers, special interest groups, board of directors, regulatory agencies, and investors (Ferrell, Fraedrich, Ferrell, 2015). Monsanto has an interesting history, and has impacted stakeholders in a negative manner throughout its beginnings in 1901. The current stakeholders that are impacted by Monsanto activities are all of the above listed. The company has had legal issues in the past with the widely known issue of the development of Agent Orange and the impact on our veterans. After settling for 180 million dollars, the company became a biotechnology company developing biotechnology products in the farming industry. Stakeholders on both sides of this issue have voiced positive and negative concerns. Positive

see that many brands are competing for shelf space and market share. Even though the

There are many determinants that cause the change in demand of a product (Sayre & Morris, 2015). One example of determinants of change in demand is found in an article on Panera Bread. Taylor explains how Panera Bread competes with its competitors in her Business Insider article (2016). In Taylor’s article, examples of inferior products, substitute products and complementary products are given (2016). Bread is an inferior product, which means the demand of bread goes down with increased income (Morris & Sayre, 2015).

According to the fallowing article dairy products were once considerate relative “inelastic,” meaning that demand for food staples like milk, butter and cheese varies little with a price. However, with many more alternative for dairy products and more stable prices they are no longer inelastic. Is clearly that the consumers are no just sensitive to prices, but also concern about health for the goods and close substitute like the article mentions Butter and margarine.

Now before we identify the stakeholders let's explain what a stakeholder is. A stakeholder is a person or organization that has legitimate interest in a company. There are many different kinds of stakeholders and for this case Stouffer's, Kraft, Dart Paper, and Farmland are stakeholders because they sell their foods through Glow Foods. Stouffer's, Kraft, Dart Paper, Farmland and the customers are the external stakeholders. There is also internal stakeholders and they are the employees and owners.

Stakeholders are people or groups with interest in an organization that can affect or be affected by the organization itself, its objectives, or its policies (BusinessDictionary, 2015). Each stakeholder brings their own perspective to the table based on their relationship with the organization (e.g. internal or external role), their level of experience, and their area of expertise about the subject matter they are involved with. At a high level, the list of stakeholders for any organization could include people or groups such as: customers, employees, government agencies, suppliers, unions, community resources, shareholders, and business owners. For the purpose of this assignment, I will discuss and review stakeholders relative to the