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External Stakeholders Of The Kroger Company

1069 Words5 Pages

Stakeholders (AH) Stakeholders are individuals or companies that hold an interest in a company. Stakeholders have a primary interest in the company and the performance of said company. Stakeholders are involved in two groups, internal and external. Kroger’s top stakeholders for the internal group include individuals as major direct stakeholders, institutional stakeholders, and mutual fund stakeholders. External stakeholders are the individuals that have an interest in the company, without these stakeholders the company would not have a business. The two groups work together to achieve success of the business and their revenues. Internal Internal stakeholders are individuals that make up the company in full. Employees, managers, and board …show more content…

Kroger employs around 400,000 individuals. Kroger trains their associates to utilize the “Customer First Strategy”. The strategy began over twelve years prior. In 2014, COO Mike Ellis expressed in an article, published by Retail Info Systems News, the concern and connection with the customers of Kroger are of most importance to the company. Ellis also added, with low price points the company is able to gain customer loyalty and give the customer a “great experience” every time they shop (Giannopoulos). Kroger believes the Customer First Strategy aids in the company’s continuation of growth year to …show more content…

Kroger states they are a “locally-connected” to the communities which it serves. Kroger gives back to the communities it serves in. In 2014 Kroger gave back over 280 million to all of the communities that the company serves (10-K. Kroger Co.). Kroger establishes ways to donate, deliver, contribute, and support the local communities that support them through the years. Kroger delivers to local food banks in the community. The company donates for ongoing awareness to be spread for different health concerns. Kroger contributes to military families. In 2010 Kroger gave the largest contribution the USO has ever received (10-K. Kroger Co.). Kroger also supports the schools and local organizations made up by the individuals who are their largest contributor for

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Executive Summary Of Kroger

697 Words | 3 Pages

Business Summary The Kroger Co., which was founded in 1883 and incorporated in 1902, is one of the nation’s largest retailers. Kroger is currently operating more than 2,640 supermarkets and multi-department stores which takes 93% of total sales of Kroger. Kroger has twelve banners which including Kroger, City Market, Dillons, Food 4 Less, Fred Meyer, Fry’s, Harris Teeter, Jay C, King Soopers, QFC, Ralphs and Smith’s. They also operates 786 convenience stores, jewelry stores and food processing plant. The total food store square footage was approximately 160.7 million as of February 2014.

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Kroger's Mission Statement

1079 Words | 5 Pages

(www.thekrogerco.com, 2015). Kroger’s Mission & Vision Statement reads "Our mission is to be a leader in the distribution and merchandising of food, pharmacy, health and personal care items, seasonal merchandise, and related products and services." To achieve this mission or vision, Kroger has six values it encourages each employee to possess. These values are honesty, integrity, respect for others, diversity, safety and inclusion. (www.retailindustry.about.com, 2015).

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Executive Summary Of Kroger

596 Words | 3 Pages

Revenue Driver Kroger earns revenue by selling product to their customers in the stores. They earn income through setting the price level of their product higher than the costs. These costs include procurement and distribution costs, facility occupancy and operational costs, and overhead expenses. The retail operations, which represent over 99% of Kroger’s consolidated sales and EBITDA, are the only reportable segment. On January 28, 2014, Kroger finished the merger with Harris Teeter Supermarkets, Inc. by purchasing 100% of the Harris Teeter outstanding common stock for approximately $2.4 billion.

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Company Overview Of Publix Grocery Stores

1009 Words | 5 Pages

This organization mission provides training and competition in a diversity of Olympic kind of sports for individuals with academic incapacities who desire to participate, providing them ongoing opportunities to enhance physical fitness, show resolution, feel happiness, and join in the sharing of gifts, abilities, and bond with their families, other Special Olympics athletes, and the community. This year Publix employees and customers, donated over $4.8 million to Special Olympics to guarantee that the participants were capable to train and participate without having to pay. Since, 1993 Publix has donate over $34.7 million. Additionally, Publix employees donate their time at Special Olympics occasions for instance the Florida and Georgia Law Enforcement Torch Runs, in both events Publix is the leading sponsor.

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The Kroger's Corporate Level Strategy

253 Words | 2 Pages

In the review of the corporate level strategy, we can see many different competitive advantages branching from their use of corporate diversification and vertical integration. Going deeper into those strategies the three elements that allow for a competitive advantage for The Kroger Co. include operating into different markets, having a successful customer reward program, and by having many different locations nationwide under many different brand names. The VRIO analysis found that all three of these give Kroger’s a sustainable competitive advantage by being valuable, rare, costly to imitate and having the right organization structure business wide. In the review of the business level strategy, there were just as many different competitive

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Salvation Army Food Banks: Community Analysis

362 Words | 2 Pages

my is based on the community and the individual. He says "people participate in the social economy-not to be non-profit or non-state per se, but to actually make a difference in their own lives and in the lives of other, to build community of one sort or another" (J.J. McMurtry, Pg 30). The Salvation Army food banks are predominantly made to focus its attention on communities. Therefore, they are using their resources to help better the social issues on a macroscopic scale; that being said they are there to help the communities that need it most. In addition, they are "working to ensure the protection, survival, and healthy development of children by advocating a high priority for them in the allocation of resources at all times, the Salvation

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Costco Wholesale Corporation Executive Summary

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Their current market situation and competitive strategy highlights aspects that Costco has implemented in the organization to increase sales and

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Kroger Annual Report

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Introduction Key Performance Indicators (KPI) are navigational tools. These tools ensure a company stays on target with stated goals (Marr, 2012). Companies may have different stated goals however, there are some self-evident objectives a business may consider. Core business objectives can be: • Support company core values • Increase market share • Increase profitability (Sharma, 2011).

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All things considered, K-Mart accomplished getting the word out to millions of users of social media that if you can’t find it in the store, they will ship your item free (Kmart's 'ship my pants' commercial: Funny or offensive?,

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526 Words | 3 Pages

These people who shop here tend to earn about 80 – 100k a year and have an advance degree. The reason why Kroger has an older customer base is because they have always marketed loyalty. Kroger is one of the oldest grocery store chains and specifically rewards their customers for being there with them. To reward their loyalty, Kroger has been known to send out “two sheets of twelve coupons specifically designed for each household. They are tailor-fit to each of the store’s customers based on their purchases.

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Case Study: Ecolab, Inc.

1762 Words | 8 Pages

TASK 1 (P1.1, 1.2, 1.3, M2, D1) (P1.1) Ecolab makes the world cleaner, safer, and healthier, protecting people and vital resources. Therefore, their organization is Incorporate due to it is formed by a group of people and it has rights and liabilities separate from those individuals and it is a non-profit organization and their purpose in general is to protect and sustain vital resources such as water, energy, food, healthcare, and technologies to maintain the people’s healthcare and satisfaction of their environment and to produce a clean and healthy environment to provide to the people around the globe. (P1.2) Ecolab has its internal stakeholders who mostly make decisions and manage their day-to-day affairs in the organization to provide

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755 Words | 4 Pages

Stakeholder analysis Stakeholder are entity that will affect the organization actions, objectives and policies. There are two types of stakeholder which is internal stakeholder and external stakeholder. The McDonald’s stakeholders are customers, suppliers, employees, managers, government, local communities and pressure groups. Customers Customers are the external stakeholders of the company, no customer mean zero profit.

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730 Words | 3 Pages

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1137 Words | 5 Pages

1: INTRODUCTION Inspire Joburg is an organisation that aims to tackle the issue of the lack of community service within the communities of Johannesburg. Stakeholder activism is the act of standing up against or standing up for a given cause that you are a stakeholder of. Examples include; boycotts, riots or in this case raising the voices of the able to speak for and improve the lives of the unable and disadvantaged. When stakeholders move from a given stakeholder behaviour to stakeholder activist behaviour; the beneficiaries are not limited. When a person or group acts up or stands up for a cause for the benefit of the community, they benefit because they are fulfilling their social responsibility in their community.

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