Food & Beverage Industry

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SUSTAINABLE COOPERATIVE DEVELOPMENT IN AFRICA Cooperatives play an important role in economic development of many countries across the continent. In Kenya, cooperatives are controlling about 43% of GDP and 31% of national savings and deposits. They have 70% of the coffee market, 76% dairy, 90% pyrethrum, and 95% of cotton. In Benin, FECECAM (Faitiere des caisses deparge et de credit agricole mutuel), a savings and credit cooperative federation, provided USD 16 million in rural loans in 2002. In Côte d'Ivoire cooperatives invested USD 26 million for setting up schools, building rural roads and establishing maternal clinics. In Kenya, over 300,000 people are directly employed by co-operatives Globally, cooperatives provide over 100 million jobs around the world, 20% more than multinational enterprises.

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The food industry comprises a complex network of activities related to the supply, consumption, and catering of food products and services. It plays a significant role in the economic development of any nation. It is one of the world's most dynamic economic sectors. This paper provides a brief introduction to food industry Matthew N. O. Sadiku | Sarhan M. Musa | Tolulope J. Ashaolu ""Food Industry: An Introduction"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-4 , June 2019, URL: https://www.ijtsrd.com/papers/ijtsrd23638.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/23638/food-industry-an-introduction/matthew-n-o-sadiku

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Running Head: The International/Global Operations and Their Key Markets and Potential Competitors 1 The International/Global Operations and Their Key Markets and Potential Competitors 2 Global Strategy Analysis—The International/Global Operations and Their Key Markets and Potential Competitors B7840 Strategy Formulation, Implementation, and Evaluation Argosy University Christopher Walters January 31, 2018 Introduction Two brothers, Richard and Maurice McDonald started McDonald’s in 1940, initially as a drive-in fast food outlet. The Restaurant is based in San Bernardino California. The builder and Founder Raymond Kroc of the MacDonald's corporation was a salesman dealing in milkshake machines before meeting the Tow brothers in 1954. The company has sold about 100 million hamburgers by the year 1958. The company is operated either as an affiliate, a franchise or a corporation. The company obtains its revenue from royalties, rent, and fees paid by the franchisees as well as the sales in its operated restaurants (Salva, 1995). Mission and vision statement Vision To be the leading and best fast food company around the world summarized in initials Q.S.C.V meaning quality, service, cleanliness, and value. This has been the driving and guiding force behind the services it offers to customers. The food products have been cited to be of the best value in the food industry, which makes the customers happy (Hartel, 2012). Mission To be the best company for workers around the world in every community, the company delivers services that have superior systems of operation for its customers in each and every one of its branches. The company seeks to grow and progress in a favorable direction as a brand, yet keeping up with the operational systems through technology and innovation Core activities and Value chain analysis Inbound logistics The company coordinates the supply of materials and food to outlets through approved third party operators of the logistics systems. The company engages in production in big plants exclusively to have a control of the packaging and distribution systems. Operations The company is keen on following specific guidelines in the preparation and sales of food products. The company employs a computerized system of tracking orders and uses technology that ensures efficiency in food and service production. Outbound logistics The company has integrated efficient crew who distribute and store goods from the warehouse in the needed time in the distribution centers in its logistics making it are efficient in inventory management. The firm believes in breaking down its long-term goals into manageable and measurable targets that are used as accomplishment benchmarks of milestones. The firm gives its franchises the autonomy in making marketing decisions (Hartel, 2012). General administration The firm applies strategic planning and management concepts to ensure that its competitive strategy of client service is main ...

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