Here is the synopsis of our sample research paper on Kraft Foods Inc. Human Resource Management. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 6 page paper. The writer begins by reporting the events that are causing the company to reduce their workforce and close plants. The essay then explains and discusses the succession planning program in the human resource department, the company's culture, how it supports diversity and how it emphasizes the development of all employees. The report ends with the recent deal with EDS through which Kraft is outsourcing numerous IT tasks. Bibliography lists 8 sources.
Page Count:
6 pages (~225 words per page)
File: MM12_PGkraft.rtf
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Unformatted sample text from the term paper:
happening within human resources now.] With 2005 revenues of (mil) $34,113.0, Kraft Foods Inc., a subsidiary of Philip Morris Companies, now known as Altria Group, is the worlds
largest food company (Murray, 2006). The North America division has the largest cheese brand, Kraft, and the International division has the largest cookie and cracker business in the world, Nabisco
(Murray, 2006). The Altria Group owns 87 percent of Kraft (Murray, 2006). For the last three years, Kraft Foods has been involved in restructuring, a program that has become necessary
due to shrinking profit margins (Philippidis, 2004). Kraft Foods net revenue in 2005 was (mil) $2,632.0 but that represented a 1.2 percent loss over the previous year (Murray, 2006). To
offset the losses, Kraft began cutting jobs in 2004 at which time, the company announced it was cutting positions at the Westchester plant in Rye Brook and shifting 300 jobs
to Florida, Illinois and New Jersey (Philippidis, 2004). The company plans to sell the 54-acre Rye Brook property, displacing 1,300 employees (Philippidis, 2004). The company reduced employees by 6,000 in
2004 and by plans to let go of another 8,000 by 2008 (Brand Strategy, 2006). The company also recently announced it would close 40 factories by the end of 2008
(Brand Strategy, 2006). The restructuring plan runs through 2008, thus, one might think that will be the end of Krafts labor reduction actions. These changes have come about as
a result of their merger with Nabisco brands, which was a $19 billion deal (Philippidis, 2004), escalating packaging costs, and ever-rising energy costs (Brand Strategy, 2006). Additionally, Kraft is facing
"a challenging European environment" (Brand Strategy, 2006, p. 12) in 2006 (Brand Strategy, 2006). The company is also streamlining the EU management team (Brand Strategy, 2006). Analysts say Kraft
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