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Running head: KUDLER FINE FOODS CONCENTRATION            1




                       Kudler Fine Foods Concentration

                               Fredrick Harris

                                 MGT/521

                             September 25, 2010

                             Dr. Suzanne Cherry
KUDLER FINE FOODS CONCENTRATION                                                                    2


                                    Kudler Fine Foods Concentration



       Kudler Fine Foods is well known as a respectable gourmet grocery store with their exotic

foods and specialties they provide to their customers. Kudler Fine Foods can improve in several

areas of the business venture to become an outstanding company. The area that Kudler is well

diverse in is their ordering and inventory. Although the company discards at least 12% in

inventory every week, Kathy Kudleradapted in making new orders and purchases. The

concentration this falls in would be economics. The economics portal within Kudler Fine Foods

in demand and supply were not visible because of her decision to forbidthe use of preservatives

in her products. In order for Kudler Fine Foods to maximize their profits in demand and supply,

her customers would have to repurchase goods every two or three days. Economics is the “social

science that analyzes the production, distribution and consumption of goods and services”

(Nickels, Mchugh, &Mchugh, 2008, p. 3).

       The production and consumption of materials that Kudler Fine Foods distribute does not

fall with the circular flow of quantity demanded. This led Kudler Fine Foods to be operated in a

short run management environment with accelerating vision for expansion. Understanding

demand and supply is an area that is of interest. If individuals could comprehend and predict how

supply and demand will be forecasted, not only will his or her knowledge be of instrumental

value but their business as well.

       Another area of interest withinKudler Fine Foods concerning concentration is their

accounting department. The company strategic plan along with the company virtual organization

plan was in absolute chaos and not withstanding to be presented by any organizational official.

Understanding that a person want to implement a strategic plan however, all information has to
KUDLER FINE FOODS CONCENTRATION                                                                     3


be accepted and documented. For a firm to want a strategic plan, first they would want to know

when the last time an audit was complete on their business. Accountants are detail oriented and

very thorough in all they do and demonstrate in detailing financial positions of an organization or

firm.

        Economics and Accounting are the two areas that develop the best interest in Kudlar Fine

Foods although business statistics plays an important role in all they do. Business statistics in

Kudler Fine Foods is the key factor in determining where their next business will be located as

well as their decision-making abilities. Strategic analysis and surveys dictate every avenue of

approach in determining whether a business will succeed or fail. Kudler Fine Foods realized with

the Del Mar store their economic profit would never surpass the opportunity cost to operate that

business.

        Kudler Fine Foods is a business that is doing very well and like all business can be

improve upon. Finances are an area in which no business can ignore or not improve upon. Kudler

Fine Foods demonstrated the time value of money lack thereof with hiring an intern to

implement a strategic plan. Kathy Kudler understanding and knowledge in the value of an

organization asset is critical in forecasting and structuring for future operations and investments.

The area that Kudler Fine Foods demonstrated passion for was their finances.
KUDLER FINE FOODS CONCENTRATION                                                        4




    Reference



    Mchugh, J., Mchugh, S.& Nickels, W., (2008).Understanding business.

           Retrieved from University of Phoenix eBook Collection database



    University of Phoenix. (2003). Kudler fine foods: strategic plan. Retrieved from

           University of Phoenix, MGT-521 - Management website.

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Kudler fine foods concentration

  • 1. Running head: KUDLER FINE FOODS CONCENTRATION 1 Kudler Fine Foods Concentration Fredrick Harris MGT/521 September 25, 2010 Dr. Suzanne Cherry
  • 2. KUDLER FINE FOODS CONCENTRATION 2 Kudler Fine Foods Concentration Kudler Fine Foods is well known as a respectable gourmet grocery store with their exotic foods and specialties they provide to their customers. Kudler Fine Foods can improve in several areas of the business venture to become an outstanding company. The area that Kudler is well diverse in is their ordering and inventory. Although the company discards at least 12% in inventory every week, Kathy Kudleradapted in making new orders and purchases. The concentration this falls in would be economics. The economics portal within Kudler Fine Foods in demand and supply were not visible because of her decision to forbidthe use of preservatives in her products. In order for Kudler Fine Foods to maximize their profits in demand and supply, her customers would have to repurchase goods every two or three days. Economics is the “social science that analyzes the production, distribution and consumption of goods and services” (Nickels, Mchugh, &Mchugh, 2008, p. 3). The production and consumption of materials that Kudler Fine Foods distribute does not fall with the circular flow of quantity demanded. This led Kudler Fine Foods to be operated in a short run management environment with accelerating vision for expansion. Understanding demand and supply is an area that is of interest. If individuals could comprehend and predict how supply and demand will be forecasted, not only will his or her knowledge be of instrumental value but their business as well. Another area of interest withinKudler Fine Foods concerning concentration is their accounting department. The company strategic plan along with the company virtual organization plan was in absolute chaos and not withstanding to be presented by any organizational official. Understanding that a person want to implement a strategic plan however, all information has to
  • 3. KUDLER FINE FOODS CONCENTRATION 3 be accepted and documented. For a firm to want a strategic plan, first they would want to know when the last time an audit was complete on their business. Accountants are detail oriented and very thorough in all they do and demonstrate in detailing financial positions of an organization or firm. Economics and Accounting are the two areas that develop the best interest in Kudlar Fine Foods although business statistics plays an important role in all they do. Business statistics in Kudler Fine Foods is the key factor in determining where their next business will be located as well as their decision-making abilities. Strategic analysis and surveys dictate every avenue of approach in determining whether a business will succeed or fail. Kudler Fine Foods realized with the Del Mar store their economic profit would never surpass the opportunity cost to operate that business. Kudler Fine Foods is a business that is doing very well and like all business can be improve upon. Finances are an area in which no business can ignore or not improve upon. Kudler Fine Foods demonstrated the time value of money lack thereof with hiring an intern to implement a strategic plan. Kathy Kudler understanding and knowledge in the value of an organization asset is critical in forecasting and structuring for future operations and investments. The area that Kudler Fine Foods demonstrated passion for was their finances.
  • 4. KUDLER FINE FOODS CONCENTRATION 4 Reference Mchugh, J., Mchugh, S.& Nickels, W., (2008).Understanding business. Retrieved from University of Phoenix eBook Collection database University of Phoenix. (2003). Kudler fine foods: strategic plan. Retrieved from University of Phoenix, MGT-521 - Management website.