Business has become and more competitive each day and in that competition lies many steps with which to compete, get ahead, and stay ahead. The business that can master the tools available stands a greater chance for the sustainable competitive edge. Big business is increasing and small businesses are starting to fade. In today's market, businesses big and small need to try to find a way to stay ahead of their competitors. In this essay, I will discuss the business opportunities of Kudler Fine Foods and how that business is able to compete as a small business in the competitive world today.
Kudler Fine Foods was started in by Kathy Kudler in 1998 after she found herself frustrated by having to go all over town for fresh ingredients for a gourmet meal. She decided to open a store where gourmet cooking ingredients could be purchased without the hassle of going to many different locations.
The primary functions of management are planning and strategizing, organizing, leading, and controlling (Gomez-Mejia, 2002). The task of planning and strategizing lies on the shoulders of the owner, Kathy Kudler and her management team. The main objectives to be accomplished in the planning and strategizing are to help the firm set future goals and plan activities to reach those goals. Kathy has the vision of where she wants her company to go, so she must set the goals and delegate the task to the department managers and human resources to ensure that there is a team that shares in the pursuit of her goal.
The task of organizing encompasses all the resources of human, physical, financial, informational, and technical expertise available in pursuit of the greater goal. This task lands with the managers as well as the dir ...