Friday, September 13, 2019
EASTERN FOODS Essay Example | Topics and Well Written Essays - 2000 words
EASTERN FOODS - Essay Example This project aims at presenting an outline indicating the way forward for the eastern foods expansion plan in the United Kingdom. The concept of human resources is significant within any given business. It basically concerns the welfare of employees in the organization as well the manner the employees interact with one another towards the realization of the businessââ¬â¢s goals. Various challenges are deemed to face the eastern foods business in line with the management of human resources. The issue of culture is an issue that presents challenges to many organizations. The human resource team of eastern foods will have to take the initiative of ensuring that diverse aspects within the organization are well controlled. Other critical challenges that the eastern foods will have to address in the management of human resources include; developing a plan for staff recruitment, ensuring coordination of staff, developing ways of training its employees and motivating them to work towards the targeted business goals. Accounting is another crucial feature of organizational structure that the company will have to address. ... Another very important challenge in line with accounting is financial reporting. This basically involves the presentation of financial reports such as financial statements at the end of a specified time. Financial reporting will pose a challenge to the business necessitating the need for the management team to ensure that it develops ways of fostering better ways of keeping records. Financial reports provide very crucial information in regards to the performance of the business hence they are used in facilitation of decision making process in the organization. These challenges shall aid in the developing of an organizational structure by the management on how to carry out financial management. Marketing relates to all activities that aid in creating awareness about a business and promoting sales. Marketers make a business and its products to be well known to customers. For the eastern foods business there are some challenges in line marketing that will assist the management team of e astern foods to have an idea on how to structure their marketing strategies they include; ensuring high customer service standard, ensuring that queries and complaints presented by customers are well handled and developing ways for the diversification of the businessââ¬â¢s marketing campaigns (Pollan 2009, p.65). Another crucial challenge in line with marketing involves the issue of finances. Marketing activities especially when a new business is being developed in a hew region cost quite high. Operations management involves activities that involve dealing inventory issue in the business in this case the challenges related to operational management include; developing ways of order supplies, ensuring organization
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