The primary risks include usingthe wrong product mix

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The primary risks include usingthe wrong product mix & failing to obtain better pricing, quality, & delivery. The demographics ay not be properly obtained in order to ensure the advertising is reaching its target market Accounting data may not be properly collected through the point-of-sale terminals. As such, the items, quantities, prices, & totals will not be determined on a daily basis & properly reconciled. orecasting data may also be skewed as a result of the collection methods & analysis of pertinnt data. On an overall level, the primary risks fall on the hands of management, poor communicaion, & inadequate planning. As such, it is essential for management to analyze alternatives in order to mitigate the potential risks. The main alternatives available to Kudler in this capacity are t establish a solid appraisal & monitoring system & creating a sufficient planning system. Aso, Kudler will need to evaluate the implementation’s progress in order to determine any possile issues or defects so that they can be properly resolved
STRATEGIC PLAN UPDATE – FINAL VERSION 20 in a timely & efficient manner. This, in turn, will result in a higher likelihood of the implementation being successful. To: Kathy Kudler From: YOUR NAME Subject: Plan & Thoughts on Strategic Planning Date: DATE I believe that it is necessary for Kudler to continuously utilize strategic planning in order to reach our goals & fulfill the objectives of our company. Such planning is essential in order to facilitate our planning function & execute our strategies; our mission & values are dependent upon it. In order to remain competitive & remain current in this capacity, Kudler Fine Foods should incorporate this way of thinking. By Kudler utilizing strategic planning, it is essentially letting everyone know that we are focused on long-term growth. It will assist in establishing & directing future decisions that will keep our company on its projected path. Kudler may incorporate strategic thinking in keeping the plan current while capitalizing on the benefits that it produces. Basically, the more planning we do, the more we will accomplish. In order to fulfill our potential, it is necessary for us to realize & appreciate the demands of accomplishment; our company needs to remain focused & productive. By incorporating strategic thinking in keeping the plan current, we will be able to better focus on our goals while providing our employees with a real sense of achievement when our goals are ultimately reached.
STRATEGIC PLAN UPDATE – FINAL VERSION 21 Initials
STRATEGIC PLAN UPDATE – FINAL VERSION 22 References Kampe, E. (2004-2005). Horizontal Integration: Small Business Profit-Maker Bootcamp . Integrative Performance. Retrieved from Kudler Fine Foods Web Site (2007). Accessed March 7, 2010 from t.htm Pearce, J. A., & Robinson, R. B. (2009). Strategic management: Formulation, implementation, and control . (11 th ed.). New York: McGraw-Hill/Irvin.

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