kraft foods
TRANSCRIPT
Mohd. Rifatul MaksudAshir Intesar Ahmed
Nafiz JawadJannatul Ferdous
BUS 101 Sec: 20
INSTRUCTOR, SHERINA IDRISH (SeH)
Summer 2013
History• 1903- James L. Kraft started manufacturing cheese and selling • 1914- Opened first plant• 1923- Kraft Cheese Co. acquires Fred Walker and Co.• 1928- Kraft Cheese Co. acquires Phenix Cheese Corp.• 1937- Kraft Macaroni and Cheese• 1986- Kraft purchases Tombstone Pizza Corp.• 1988- Phillip Morris Cos. purchases Kraft for $12.9 Billion • 1989- General Foods and Kraft merge to become Kraft General Food (KGF)• 1990- KGF International acquires Jacobs Suchard AG• 1992- KGF International acquires five European confectionary companies• 1993- KGF International Freya Marabou for $1.3 Billion• 2000- KGF merges with Phillip Morris• 2001- Kraft begins trading on NYSE• 2004- Kraft launches Tassimo hot beverage system• 2005- South Beach Diet Introduced• 2007- Kraft is now fully independent• 2009- Kraft Food Inc. introduced along with new corporate website
• Vision Statement– Helping people around the world eat and live better– Creating a More Delicious World
• Mission Statement– Make Today Delicious
Vision and Mission Statements
Company Overview
•Canadian Entrepreneur•American Company•Serving more than 170+ Countries
SWOT Analysis
STRENGTHSBrand
NetworkResearch
PricingFood Safety
OPPORTUNITIESRestructuring
Growing DemandGrowing MarketIncreased Trends
WEAKNESSDeclining Sale
Geographical ConditionHigh Debt
Risk Of Source
THREATSFalling Consumers
Increase Obesity RateExchange Rate
Competitive sMarket
Competitors & Competition
VS
Entry Strategies
FDI Joint Venture
FDI Joint Venture
ADVANTAGES/DISADVANTAGES
Entry Restriction
= =
Tax Rate in Some Major Countries
India Tax Rate is 40%
Canada Federal 11%to 15% and provincial 1 to 16% Singapore Tax rate is 17%
Ireland Tax rate is 12.25%China Tax rate is 15%
Australia Tax rate is 30%New Zealand Tax rate 28%
United Kingdom Tax rate is 21 to 26%
CapitalismUSA
Canada
SocialismIndia
Political Values
Economical ConditionCountry GDP (US $) Unemployment rate (%) Inflation rate
(%)Commercial Bank prime
lending rate (%)
USA 14,991,300 million
7.7 2.0 3.25
Canada 1,736,869 million
7.2 1.8 2.60
India 1,897,608 million
3.8 9.2 8.50
Top Economies Last Highest Lowest Unit
UNITED STATES -42960.00 -831.00 -67351.00 USD Million
INDIA -561.19 13.91 -1111.46 INR Billion
CANADA -1017.00 8590.00 -2530.00 Million CAD
Balance Of Trade
Motivation
Extrinsic Rewards• Basic Pay• Pay Raise • Promotion
• Awards• Picnic, Coupons, etc
Intrinsic Rewards• Feel of Special Being• Pride Of Performance
• Reorganization• Well Behave
• Better Workplace
Motivational Theories
Hawthorne's Theory:
- Physiological Factors- Feel Of Important
Being- Importance in
Company
Theory Y
Theory Y Motivators- Freedom- Empowerment- Better Workplace- Give Respect - Better Career Path- Reorganization Of Work- Holistic Concerns
“BEST COMPANY FOR FINANCIAL PROFESSIONALS”By, CFO MAGAZINE
“Top 50 COMPANIES WITH DIVERSITY”By, DIVERSITYINC
“100 BEST COMPANIES FOR WORKING MOTHERS”By, WORKING MOTHERS
Awards And Honors
Corporate Social Responsibility(Initiative Acts)