Differentiating Between Market Structures
Autor: Mrbcfdt • May 10, 2013 • Research Paper • 1,195 Words (5 Pages) • 1,481 Views
Differentiating Between Market Structures
As a hired consultant a market analysis is performed for the Kudler Fine Food Virtual
Organization. To gain full review of the company's potential the organizations strategic plan,
marketing overview, customer’s views, and market surveys are reviewed. The information will
allow an understanding of the company's competitiveness within the industry. The market
structure that best relates to the virtual organization is revealed to access whether the
organization has the ability to achieve long term profitability. At the end of the analysis
recommendations will be provided to the company to show how the company can maximize
profits.
Kudler Fine Foods is a gourmet shopping center that offers the finest pick of goods to it
customers (Apollo Group, 2011). These goods contain organic ingredients and/or fresh selection
without unnecessary preservatives (Apollo Group, 2011). Goods are rotated on the shelf on an
ongoing basis, and those foods that is still in good condition are often donated to local shelters
(Apollo Group, 2011). Kudler relies are the selective hiring of its associates to ensure that
each customer that comes into their stores is fully satisfied with its services. If a customer is
looking for a specific product and does not see it on the shelves the store will go out of their way
to order the product the customer is looking for (Apollo Group, 2011). The strategic customer
service offered by the store allows the company to remain one of the top picks by customers to
go to for their food needs.
Based on the tool and resources available Kudler Fine foods is very competitive in the
market. The organization has development loyalty and profitability by its customers. This has
been done by the company expanding it services such as parties and frequent shopper programs
(Apollo Group, 2011). The development of these programs will create an increase revenue and
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