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Strategic Management Report - Fresh Foods Inc

Apr 06, 2018

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Roger Eli Paul
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    Fresh Foods Inc.A Strategic Insight

    Report by:

    Roger Eli

    Asif Hashmi

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    PORTFOLIO

    Fresh Food Pvt. Ltd. has come a long way in the foodsector since its beginning and today they have a strongportfolio of 7 product lines that help consumers chooseand live the life-styles of their choice around the globe.

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    VISION

    We will be a brand of choices for consumers as seekingHalal and Convenient food products in the Global HalalFood Markets. We will achieve this vision by continuouslygiving our customers true value for their money,developing our people, improving the way we work andthus developing a business model of excellence.

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    MISSION

    Our mission is to provide our customers Halal, Hygienic,Healthy, Nutritional, and Convenient food products;through our customer driven and service orienteddynamic team. We strive to do business in accordancewith the Islamic Guidance and to develop a businessmodel of excellence

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    MARKETING OBJECTIVE

    With a brand vision of Adding taste to life globally and to

    provide healthy food products with nutrition, taste andconvenience for individual within and acrossgeographical boundaries, It helps the consumersdefine and practice their life style without compromisingon its pace taste

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    PRODUCT LINE Fresh Foods Mayonnaise

    Fresh Foods Chicken Spread

    Fresh Foods Sandwich Spread Fresh Foods Olive Spread

    Fresh Foods Chocolate Spread

    Fresh Foods Natural Honey

    Fresh Foods Pizza Spread

    In addition, a few more innovations are inpipeline and are expected to be marketedsoon

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    MARKET POSITIONING

    The brand has attained considerable popularity among upper

    middle class consumers with over 80 percent share in its category

    in retail market of Pakistan. The product has been rated on top inattributes of quality and familiarity and it come on the top of the

    mid products which indicate that it has earned its name because

    of good consumers experience with this relatively new food

    product. Affordability and availability were rated as third and

    forth consecutively. As the brand name entails the core

    positioning is on freshness and good hygiene.

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    IFE MATRIX

    Strength Weight Rating W. Score Brand Image 0.16 3 0.48 Brand recall is high 0.10 3 0.30 Quality is one of the best in the market 0.20 3 0.60 Mayonnaise 0.20 4 0.80 Employee morale is excellent 0.20 3 0.60Weaknesses

    Multiple brand therefore lack of focus 0.05

    1

    0.05

    Access to resources 0.05 2 0.10 Costly Products 0.04 1 0.04

    Total 1.00 2.97

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    EFE MATRIX

    OPPORTUNITIES Weight Rating W. Score Hygiene Consciousness 0.15 2 0.30 Introduced innovative products 0.10 4 0.40 Relatively Good Market Growth 0.10 3 0.30 Global Expansion 0.25 3 0.75 Social Changes 0.26 3 0.78THREATS Bigger competition in the market 0.05 2 0.10 Economic Conditions specially inflation 0.05 1 0.05 People become health conscious 0.04 2 0.08Total 1.00 2.76

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    BCG MATRIX

    Stars Question MarkMayonnaise lie in Stars as there

    is too much market growth andindustry as well.

    Honey lie in question market

    because there is much share inmarket but slow industry growth in

    current product.Cash Cow Dog

    Chicken Spread lie In Cashcow as industry growth is still

    but market growth is low.Olive Spread lie in dog because nomore potential growth in market as

    well as in industry.

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    SPACE MATRIX

    Financial Strength

    Ratings Return on investment 4

    Inventory Turnover 3

    Earning Per Share 3

    TOTAL 10

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    SPACE MATRIXCompetitive Advantage

    Product Quality -1 Market Share -2

    Customer Loyalty -3

    Control over suppliers

    and distributors -2

    TOTAL -8

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    SPACE MATRIX

    Environmental Stability

    Rate of inflation -6Competitive pressure -4

    Risk involved in the business -3

    Technological Changes -2

    TOTAL -15

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    Industry Strength

    Growth Potential 5 Financial Stability 4

    Resource utilization 3

    TOTAL 12

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    SPACE MATRIXConclusion:

    FS Average Score: 3.33

    CA Average Score: -2.0

    ES Average Score:-3.75

    IS Average Score: 4.00

    Directional Vector Coordinates: X-Axis:-2+4= 2.00

    Y-Axis:-3.75+3.33= -0.42

    So as per the score, Fresh Food can go with eitherAggressive or Conservative Strategy.

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    QPSMOpportunitiesKey Factors

    Product

    DevelopmentMarket

    PenetrationWeight AS TAS AS TAS

    Hygiene Consciousness 0.15 3 0.45 1 0.15 Introduced innovative

    products 0.10 4 0.40 1 0.10 Relatively Good Market

    Growth0.10 4 0.40 3 0.30

    Global Expansion 0.25 3 0.75 1 0.25 Social Changes 0.26 4 1.04 2 0.52

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    QPSMOpportunitiesKey Factors

    Product

    DevelopmentMarket

    PenetrationWeight AS TAS AS TAS

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