Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group

The objective of this management report is to evaluate through a multi perspectives lens the strategic implications and decisions that are required to be made by the Fresh Cut Produce (FCP) business, the largest single business within the Icelandic owned Bakkavör Foods group. Key influencing fac...

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Main Author: Doyle, T
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2009
Online Access:https://eprints.nottingham.ac.uk/22692/
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author Doyle, T
author_facet Doyle, T
author_sort Doyle, T
building Nottingham Research Data Repository
collection Online Access
description The objective of this management report is to evaluate through a multi perspectives lens the strategic implications and decisions that are required to be made by the Fresh Cut Produce (FCP) business, the largest single business within the Icelandic owned Bakkavör Foods group. Key influencing factors behind these decisions for FCP will centre upon the hyper competition which exists within the grocery retail industry; this industry has dramatically changed over the last 10 years, with market dominance being continually strengthened by retailers such as Tesco and M&S resulting in considerable year on year financial improvement. The forecast for the next 5 years again shows a considerable transformation in relation to the terrain of the market, this transformation is influenced by factors such as global economic downturn, rising input costs and overall recession resulting in lower consumer confidence and a considerable reduction in the availability of disposal income, these factors have resulted in a marked rise in the power of the discounter retailers such as ALDI and NETTO. The turbulence of the UK grocery retail market and the overall uncertainty within the UK economy has required a dramatic fundamental change in strategic direction for FCP; the explanation for and evaluation of this strategic change will be evaluated through a strategic multi-perspective comparing the strengths and weaknesses of these different approaches. Initially the document will introduce the background of the Bakkavör business and the subsequent development of FCP. Secondly the evaluation of the structure within the UK grocery retail market focusing specifically upon Tesco, Marks & Spencer’s, ALDI and NETTO and their overall structure, conduct and performance of these companies. The next stage of this document will evaluate perceived effects of UK recession on consumer confidence and their spending habits, the results of which have been obtained through an internet survey carried out on behalf of Bakkavör foods. The analysis of the survey results and an interview with the Commercial Director, are then overlaid with the outcome of the UK grocery retail findings will be used to provide the backdrop for the implications and decisions that are to be made by FCP to ensure sustainable business security and the continued competitive advantage over the supply base from which it operates within.
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spelling nottingham-226922017-12-28T19:25:15Z https://eprints.nottingham.ac.uk/22692/ Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group Doyle, T The objective of this management report is to evaluate through a multi perspectives lens the strategic implications and decisions that are required to be made by the Fresh Cut Produce (FCP) business, the largest single business within the Icelandic owned Bakkavör Foods group. Key influencing factors behind these decisions for FCP will centre upon the hyper competition which exists within the grocery retail industry; this industry has dramatically changed over the last 10 years, with market dominance being continually strengthened by retailers such as Tesco and M&S resulting in considerable year on year financial improvement. The forecast for the next 5 years again shows a considerable transformation in relation to the terrain of the market, this transformation is influenced by factors such as global economic downturn, rising input costs and overall recession resulting in lower consumer confidence and a considerable reduction in the availability of disposal income, these factors have resulted in a marked rise in the power of the discounter retailers such as ALDI and NETTO. The turbulence of the UK grocery retail market and the overall uncertainty within the UK economy has required a dramatic fundamental change in strategic direction for FCP; the explanation for and evaluation of this strategic change will be evaluated through a strategic multi-perspective comparing the strengths and weaknesses of these different approaches. Initially the document will introduce the background of the Bakkavör business and the subsequent development of FCP. Secondly the evaluation of the structure within the UK grocery retail market focusing specifically upon Tesco, Marks & Spencer’s, ALDI and NETTO and their overall structure, conduct and performance of these companies. The next stage of this document will evaluate perceived effects of UK recession on consumer confidence and their spending habits, the results of which have been obtained through an internet survey carried out on behalf of Bakkavör foods. The analysis of the survey results and an interview with the Commercial Director, are then overlaid with the outcome of the UK grocery retail findings will be used to provide the backdrop for the implications and decisions that are to be made by FCP to ensure sustainable business security and the continued competitive advantage over the supply base from which it operates within. 2009-07-16 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/22692/1/Final_Management_Report_200409_a.pdf Doyle, T (2009) Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Doyle, T
Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group
title Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group
title_full Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group
title_fullStr Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group
title_full_unstemmed Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group
title_short Developing Strategy in a Rapidly Changing Environment; the Case for Fresh Cut Produce Business, Part of BAkkavor Foods Group
title_sort developing strategy in a rapidly changing environment; the case for fresh cut produce business, part of bakkavor foods group
url https://eprints.nottingham.ac.uk/22692/