Module 5 SLP Assignment Example | Topics and Well Written Essays - 750 words - 1

staff 5 SLP - Assignment ExampleThe beverages section has yuban coffees, kool-Aid, Maxwell House and the Tassimo fiery beverage. The refrigerated meals include hot dogs, Claussen pickles, and bacon. These products are retailed in over 170 countries that have seen its revenue grow to over one one thousand million dollars (Allen & Albala, 2007). The company seems to have adopted mergers and acquisitions in crop to introduce new products in different markets and to ontogeny the take of its operations.Kraft foods group has adopted a decentralized organizational structure that can be categorized into three broad categories. These include the corporate core, the business unit, and the shared services. The business core is the highest level of authority. It sets the overall strategy of the corporation, sets performance standards, decides on the business portfolio and manages talent. The business units, on the other hand, develop short-run business strategies, run the businesses and a re responsible for the financial performance of the business (Henry, 2008).The company can be said to be using a functional organizational structure. Employees within these functions perform specific duties. These employees in functional divisions report to a single authority. The top management integrates the duties of different functional departments in order to achieve cohesion that is critical to the achievement of a common goal.Each functional division in the organization sets its budget that is usually useful for one year. The budget majorly shows the expected income and expenditure for a accompaniment period. Kraft Foods Group controls its expenses by grouping costs into cost centres for analysis. The budgeting process begins with forecasting of sales establish on past information. Costs of different departments such as sales, administration and marketing are so allocated followed by capital expenses that are likely to be incurred. The budgeting process ends with developing a projected sense of balance sheet and a profit