The Future
The Future plays a direct role on how business and industry will exist in year to come. According to “Merriam Webster" (2013), future is “or constituting a verb tense expressive of time yet to come” (Future). Although no person knows what the future will bring, Learning Team A will explore future trend, products, processes, and systems that the world will face in the coming years. Predictions based on current knowledge of what is happening today and technological advancements still to come.
Trends
Globalization is one trend that will have an affect on the future business of Kudler coupled with the trends of the constantly evolving Internet and technology. Globalization will enable Kudler to access parts of the world to perform individual aspects of the company’s operations such as software programming in Japan or manufacturing in China. It goes beyond just selling in global markets. A company may have literally divisions of its organization located across the world. TheInternet is another trend that will have a major impact on businesses such as Kudler. The expansion of the Internet using video conferencing interfaced with the technological advances may appear that meetings with people in other parts of the world are right in the room. Imagine a conference room where the walls show the images of the persons in the video conference. They may see the freckles on a person’s face. These advances will make face to face meetings via the Internet more realistic and at the same time, help save Kudler expenses for travel.
Products
The future looks very promising and profitable for Kudler Fine Foods. Kudler has exposed and targeted an untapped niche within the grocery food market. We differentiate ourselves from traditional grocery stores by offering hard-to-find and fresher products to our customers. However, we need to prepare for the road ahead. Existing grocery stores and other similar businesses will not be oblivious to our success....