Create A Problem Statement

IntroductionKathy Kudler established Kudler Fine Foods in 1998 with a view to providing a unmatched-stop shopping experience for a broad variety of products and go in terms of gourmet foods . The categories of gourmet foods avail fitted at KFF are bakery , produce , cheese and dairy , suck up and catering . The ac go with does not face whatsoever pass competition as a issue of carrying a wide selection of food products . However the fact that the moving in poseur is based upon perishable uprights means that the concern has to chequer that stemma turnover is kept as high as attainable . This necessitates that the lodge principal(prenominal)tains a close watch on barter for trends . shortly it does not have a website that could avail the allurement of this information . on that pointfrom company profitability is defenceless to gross sales fluctuations . However the problem is mitigated to just about end by the trend of seasonality exhibited by sales . At this stage the main problem that KFF faces is its vulnerability to an economic downswing comparable to the one which has already occurred as a result of the high-tech bubbleBackground informationCurrently KFF lacks the incumbent managerial depth . This is because Kathy Kudler does most of the pass water herself . because the company needs to hire more managerial military group in to shift some of the work load so that she end counsel on issues of greater strategic importance . The need for supererogatory hiring is particularly relevant presumptuousness the geographic expansion that the company is going through . so Kathy Kudler should delegate some of the tasks . Currently she handles all of the buying for the stores . Therefore if she falls sick , these chores allow remain unattended . As a result , bring out s health is mac rocosm considered as having the highest pote! ntial impact in the risk estimation process .

The only way that the extent of this impact can be reduced is if Kathy Kudler recruits additional personnel to attend to the available aspects of the business , such as the buying for the stores . The company has the requirement cash flow which makes additional hiring viable . Also there is no debt to be paid take . So the company can be considered to be on a crocked financial footingThe current management body grammatical construction is soundless effective because of the small size of the organization . This management structure leads to the organizational strength in terms of good blood with employees Because Kathy Kudler is the only management staff , she can personally give with the employees in to resolve their problems However this situation cannot be sustained once the scope of operations expands further . As a result of the expansion , Kathy Kudler will not able to purpose to each of the stores and attend to the issues of the day personally . Therefore , relegating of authority will be a earthshaking quarrel for Kathy Kudler . Currently good relations with employees and customers are the in-chief(postnominal) strengths . These strengths can be defined as the source of KFF s strategic focus . another(prenominal) important strength of the company is that it does not have...If you want to apprehend a full essay, order it on our website: OrderEssay.net

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