Organisational Structure of Kraft Foods : Kraft Foods Inc. (NYSE: KFT) is the largest confectionery, food, and beverage corporation headquartered in the United States.[4] It markets many brands in more than 155 countries. 11 of its brands annually earn more than $1 billion worldwide: Kraft, Cadbury, Oscar Mayer, Maxwell House, Nabisco, Oreo, Philadelphia Cream Cheese, Jacobs, Milka, LU, and Trident. 40 of its brands are at least 100 years old.[5]
The company is headquartered in Northfield, Illinois, a Chicago suburb.[6] Its European headquarters is in Glattpark, Opfikon, Switzerland, near Zürich;[7] the European division is run by Roger Federer's father, Robert Federer.
Kraft is an independent public company, it is listed on the New York Stock Exchange and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group


CEO

Irene Rosenfeld

Director

Lois Juliber
Director

Frank Zarb

Director

Myra Hart

Director

Fredric Reynolds

Director

Mark Ketchum

Director

Ajay Banga

Director

Jean-Francois Van Boxmeer

Director

John Pope

Director

Deborah Wright

Director

Richard Lerner

Director

Mackey McDonald

CFO

Timothy McLevish

Europe

Michael Clarke

North America

Anthony Vernon

Marketing

Mary West
Legal

MF

Human Resources

Karen May
Operations & Business Servic...

DB

Kraft International

Sanjay Khosla
Research, Development & Qual...

JS
Strategy

MO

The power of the buyers or the consumers within the industry is high especially when there is presence of competitors that brings the same products. It can only be different in price and loyalty of the consumers. Another thing that the buyers may value is the present economic stability within the country. In this case, the buyer uses his power of choice in what will be the suitable product for him and his family. Emphasizing the consumers’ satisfaction by providing excellent services can be the most applicable way to attract more or maintain the customers of the supermarket. Fortunately, within the retail markets have a disciplined approach to price setting which means that the strategy is the basis for the success of one business on the others.

Supplier Power

Suppliers are in the middle of the war of the retailers. The suppliers establish relationships in different companies with the same products. The problem arises when the supermarkets do not sell their products, consumers will shift loyalties and this entitles the suppliers to become powerful. In present, Tesco have an overwhelming advantage over the small shopkeeper—they dictate the price they pay the supplier. If the supplier does not reduce the price, they will be left with no retailers to sell to. Tesco and the other large supermarkets will have all the customers.

Organizational goals clearly influence the way an organization is designed. The high value placed on productivity and quality as well as shareholder value had a major influence on the redesign of Westinghouse as a more diversified and decentralized firm. Indeed, goals are the prime determinants of structure. If one is in the business of producing hamburgers, the goal of delivering a gourmet product at a moderate price leads to different structuring arrangements than does the goal of delivering a reliable product quickly at a low price.

Social customs at the time of an organization's birth also determine how it is structured. This has been very important in the history of business. For example, the organizational forms adopted by the first companies in the automobile industry are not the same as the structures being adopted now. Historically production was structured around the assembly line. Some workers always built chassis, which were then sent down the assembly line to other workers, who did such jobs as putting axles and engines onto those chassis. Currently, many automakers are adopting the work-group or team concept in which a group of workers is responsible for more than just one portion of the car. At the time the auto industry began, no one thought about using a group approach to building cars, given that it was not consistent with the existing values about manufacturing.
 
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KRAFT FOODS GROUP ANNOUNCE REGULAR QUARTERLY DIVIDEND OF $0.55 PER SHARE AND CONDITIONAL SPECIAL CASH DIVIDEND OF $16.50 PER SHARE.

Well, this is one of the smart move because they have realized that rough market can cause problem for them and this is just to prevent it. There is also the possible chance hovering in the market about the merger between Kraft Foods and heinz.

:SugarwareZ-145:
 
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