Wednesday, May 6, 2020

Essay about The Kroger Company An Organizational Behavior...

Company Background According to the Kroger business web page, in 1883 Barney Kroger invested his life savings of $372 to open a grocery store at 66 Pearl in downtown Cincinnati. The son of a merchant, he ran his business with a simple motto: Be particular. Never sell anything you would not want yourself. It is a motto that has served him well for the next 120 years. Today, Kroger has grown to 2500 stores with $70 billion revenues, 40 food processing plants ranging from bread, milk, soda pop, ice cream and peanut butter. Kroger operates under two dozen banners, has acquired warehouses, trucking companies, and has over 14,400 private-label items (The Kroger Co., 2012). Barney was always on the cutting edge of retail. Kroger quickly grew to†¦show more content†¦Subsequently, in 1999 Kroger merged with Fred Meyer in a 13 billion dollar buyout. Fred Meyer itself was currently operating under many banners: Ralphs, Frys, Kings, QFC, and Smiths. Fred Meyer came with warehouses, its own food processing plants, dairy, bakery and ice creams pants and the largest trucking fleet, second largest jewelry store in the nation not to mention its absolute domination in the Northwest, with its 165,000 square feet store format. Fred Meyer shared the Kroger philosophy with one stop shopping on an even larger scale with its multi-department stores (The Kroger Co., 2012). Mission and Vision Kroger’s mission is to be a leader in the distribution and merchandising of food, health, personal care, and related consumable products and services. They envision the company will operate in a way that reflects their belief that the organization levels closest to the customer are best positioned to serve changing consumer needs. The mission and vision of Kroger is socialized and dependent on their employees (Retail Industry, 2012). To help employees accomplish this mission, Kroger has six core values that provide guidance. Along with these core values stems the business ethics of the corporation. The first of these values is honesty; they want employees to always do the right thing at all times at work and outside of work. Tell the truth, don’t lie, cheat, steal, or deceive people.Show MoreRelatedCurrent Social Issues : Income Inequality767 Words   |  4 Pages 1) Why to study? Overview of current social issues - income inequality Unequal distribution of income has significantly impacted individuals in the global workforce. In particular, the maldistribution of wealth has lead to various issues in the US society as well, not only economically, but also psychologically. 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