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Food Industry - Co-op Food

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Added on  2021-02-20

Food Industry - Co-op Food

   Added on 2021-02-20

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Food Industry
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Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................11. Key challenges faced by food industry in relation to corporate responsibility andsustainability................................................................................................................................12. Evaluate Best practices for ethical or moral issues within food industry................................33. Recommendations for the organization to make them more responsible in their sector.........6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
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INTRODUCTIONFood industry is complex and diverse business because it is the most consumed item forthe worlds population. This industry has four main objective is to satisfy their customers, providesafety, clear information and they have to maintain commercial viability. These objectives willbe achieved through effectiveness of food industry (Aider and et.al., 2012). This sector has tofollow related laws and regulation in order to provide health safety. For the better understandingof this concept, this report choose Co-op Food which is Co-operative Food retailer company ofUK. It was founded in 1850 and currently they have more than 4050 shops across the nation.This report include various topics such as key challenges which is faced by the food industry inrelation to corporative responsibility & sustainability. Along with this, need to evaluate bestpractices within chosen sector and make some recommendation to improve their business inorder to maximise production or profit margin. MAIN BODY1. Key challenges faced by food industry in relation to corporate responsibility and sustainabilityFood industry is the border term because is the most consumed item and it is necessity ofthe people. In this industry, businessman has to face various challenges at the time of performingtheir role & responsibility. In the business environment, whole sector will be affected due tosome factors and it further affect the production and profitability. In the UK, there are variousactivities happen which affect the economy such as Brexit, health concern and otherenvironmental factors. There are various challenges which food industry has to face in order tomaintain sustainability or done their corporate responsibility. Some of it discussed below:Health and wellness will continue to drive innovation: Consumers are more concernregarding their health & safety. Accounting to one research demand of healthy ingredientwill increase such as omega oil, probiotics etc. which is healthy and attract customers toeat with fitness. As per the report of Food Drink & Franchise world, consumer choosegut-friendly food, kimchi, kefir etc. These ingredients become more important in today'slife because people want to eat taste food with healthy items (Chellaram and et.al., 2014).So food company has to change their food menu or cooking methods according to marketor consumer demand. It will increase efficiency or effectiveness of the food sector if theyflexible with the changes. In context of Co-op Food, top management have to develop1
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