Recent Developments in the Business of Co-op Website

Fundamental Principal of
business

Table of Contents
Table of Contents
5.1....................................................................................................................................................3
Recent developments in the business of Co-op website..............................................................3
As a store manager responsible for meeting tough sales targets, what questions would you
raise about the proposal to stock Fairtrade products...................................................................3
How would the success or otherwise of the Fairtrade idea help the group meet its current
challenges?...................................................................................................................................3
5.2....................................................................................................................................................4
How is the Co-op balancing the four responsibilities set out on Fig. 5.3?..................................4
In what ways might the Fairtrade initiative help meet economic responsibilities?.....................4
How might it make them harder to meet?...................................................................................6
5. 3...................................................................................................................................................6
What would this shift in the Co – op’s stake in the bank imply for its governance structures
and for the ability of members to influence policy?....................................................................6
Does it strengthen or weaken the Co-op’s distinctive position as an ethical company?.............7
REFERENCES................................................................................................................................8

5.1
Recent developments in the business of Co-op website
The cooperative group is one of the largest future business of UK. This is serving
approximately 6 million customers across the world. This is the fifth largest food retailer around
the world. This is a leading convenience store operator. This is an organisation which has
approximately 70000 employees and the angle sales of this company is 10 billion euros. The
financial goal of this company e increases every year and there are also some social targets
which are developed within the management of cooperative group. The starting of cooperative
group was from the 19th century Yorkshire in which different workers within the industry made
and decision for setting up various shops.. this company had various ups and downs which are
managed properly in order to sustain within market.
As a store manager responsible for meeting tough sales targets, what questions would you raise
about the proposal to stock Fairtrade products
Main aim of store manager is to achieve sales targets in given time frame. Within a
cooperative world, it is essential to manage having fair trading system. It enables to conduct
operations and providing good quality products to people. There are various ways for managing
achievement of sales and profits. This is very important for companies to manage fair trade
product challenge as a store manager. This develops increase of question related to the
management of profits and sales which will be beneficial for conducting the operations in
effective manner. There are some waste that corporate group can use in order to manage
increment of resource utilisation. Some questions like this are asked for managing and
conducting the business operations properly.
How would the success or otherwise of the Fairtrade idea help the group meet its current
challenges?
Fair trade is an concept that developed in 20th century. This is helpful for farmers as they
get advantages while conducting operations in various developed Nations. Fair trade is known
for initiative used for developing World. The main reason for this is providing reward for
principal production. Fair trade system help cooperative group to overcome various challenges.
Cooperative are very helpful in in increasing the fair trade. Cooperative are known as the very
important as well as desired and accountable management regarding the share traders. The