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Business Environment and McCain Foods Company

Business Environment and McCain Foods Company

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Published by Emmanuel Kiiza
TABLE OF CONTENTS

INTRODUCTION.........................................................................................................................1
1.1 HISTORY OF MCCAIN FOOD...........................................................................................................2 1.2 NATURE OF BUSINESS....................................................................................................................2

2.0 THE ENVIRONMENTAL FORCES..........................................
TABLE OF CONTENTS

INTRODUCTION.........................................................................................................................1
1.1 HISTORY OF MCCAIN FOOD...........................................................................................................2 1.2 NATURE OF BUSINESS....................................................................................................................2

2.0 THE ENVIRONMENTAL FORCES..........................................

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Published by: Emmanuel Kiiza on Sep 14, 2009
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TABLE
 
OF
 
CONTENTS
 
INTRODUCTION.........................................................................................................................1
1.1
HISTORY
 
OF
M
C
C
AIN
 
FOOD
...........................................................................................................21.2
 NATURE
 
OF
 
BUSINESS
....................................................................................................................2
2.0 THE ENVIRONMENTAL FORCES.............................................................................32.1 THE INTERNAL FORCES........................................................................................3
2.1.1
STATEMENT
 
OF
 
PURPOSE
.............................................................................................................32.1.2
ORGANISATION
 
STRUCTURE
.........................................................................................................42.1.3
MANAGEMENT
 
OF
M
C
C
AIN
 
FOOD
................................................................................................6
2.2 THE EXTERNAL FORCES........................................................................................7
2.2.1
POLITICAL
 
ENVIRONMENT
............................................................................................................72.2.2
LEGAL
 
ENVIRONMENT
................................................................................................................82.2.3
SOCIO
-
CULTURE
 
ENVIRONMENT
....................................................................................................92.2.4
ECONOMICAL
 
ENVIRONMENT
......................................................................................................102.2.5
TECHNOLOGICAL
 
ENVIRONMENT
.................................................................................................112.2.6
ECOLOGICAL
 
ENVIRONMENT
......................................................................................................12
3.0 CONCLUSION................................................................................................................134.0 APPENDIX......................................................................................................................145.0 REFERENCE..................................................................................................................161.1 INTRODUCTION
McCain Food Company is a multinational company that supplies its products such as; FrozenChips and vegetables, juices, pizzas, entrees and desserts to 110 counties on six continents. It isin fact, the number the world’s largest producer of frozen chips (French Fries). In the industry of frozen foods, McCain is a clear leader selling around 45% of frozen potatoes in the UK alone.
 
Introduction To BusinessGroup AssignmentA business ability to achieve success depends on two main groups of factors; the first being theinternal strength of the organisation and the second is the ability to identify and act accordinglyto the external influences in the business environment. This document will highlight all the business environments and their effect towards McCain Food Company.McCain Food is built on the cutting edge
agronomy
1
, superior technology and a globalworkforce to enable the brand to deliver both variety and quality and live up to their slogan;Good Food, Better Life.
1.2 HISTORY OF McCain FOOD
The History of McCain treads back in the past 52 years since its establishment in the year 1956and has been expanding its empire steadily since then. It was founded by the McCain brothers
1
Agronomy – The application of soil and plant sciences to land management and crop production.UCFF0810: Foundation
Page | 1
 
Introduction To BusinessGroup Assignment(Robert, Andrew, Harrison and Wallace McCain) in their hometown of Florenceville, NewBrunswick in Canada.In the early 1900s, Andrew McCain saw an opportunity to expand beyond faming and selling potatoes locally and together with his brothers, the company was developed and established andhas a total of 57 factories worldwide.The key dates that mark their accomplishments are illustrated in the appendix (Table 1) on page14.
1.3 NATURE OF BUSINESS
McCain is a private incorporated company (Public Limited Company) that operates under theFrozen Foods industry. It is owned by a group of people, but is operated and managed by a teamof staff in their branches across the world.Being a public limited company, McCain Food has some critical characteristics such as;1.It enjoys limited liability.2.It can have a maximum of 7 shareholders but many investors as preferred.3.It can trade stocks to the public via the stock exchange.4.It enjoys the free will to practice trade.5.It can maximize resources easily at a larger scale.Allison McCain is the chairman and Dale Morrison is the President and CEO of the company.McCain Food has 20,000 employees in total to make up for its human resources and enjoys totalrevenue of around $6.2 billion as of 2008. It is basically the world’s largest frozen foodcompany that operates on a global level.
2.1 THE ENVIRONMENTAL FORCES
UCFF0810: Foundation
Page | 2

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janetac123 added this note
Why cant I see the Figure 1 on page 14!
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Candace Barritt added this note
In the introduction of the business- on the history : they spelled farming wrong they wrote ..... "faming"
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