Report Of Volka Food.docx

Contents

Volka Food Profile ..................................................................................................................... 3 Volka food description ....................................................................................................... 4 Volka Food Situation .......................................................................................................... 4 Our visiting experience in Volka Food .................................................................................. 5 Volka Food Scope .................................................................................................................. 5 Volka food Context ................................................................................................................ 6 Volka Food Strategy............................................................................................................... 6 Volka Food Vision ................................................................................................................. 7 Volka Food Mission ............................................................................................................... 8 Volka Food Goals................................................................................................................... 9 Official goals ...................................................................................................................... 9 Operative goals ................................................................................................................... 9 Cores values and principles .................................................................................................. 10 Products of Volka Foods ...................................................................................................... 10 Confectionary ....................................................................................................................... 11 Bakery............................................................................................................................... 11 Corporate social responsbility of Volka food .......................................................................... 12 What is Human Resource Management? ................................................................................. 13 In Volka Food Human Resource Function .............................................................................. 13 Human Resource Strategy........................................................................................................ 15 Organic Gram of Volka Food .................................................................................................. 15 Volka Food Departments ......................................................................................................... 16 Recruit Process......................................................................................................................... 17 1|Page

Volka food certification ........................................................................................................... 18 Recruit Strategy ....................................................................................................................... 18 Our exports............................................................................................................................... 19 Source of Hire Talent ............................................................................................................... 19 Training and Development ...................................................................................................... 20 Need for Training and development..................................................................................... 20 Way of Training ................................................................................................................... 21 Training Needs Assessment in Volka Food ............................................................................. 21 Benefits of Training needs assessment of Volka Food ....................................................... 22 Steps of Training needs assessment in Volka Food ................................................................. 22 Staff development and learning strategy.................................................................................. 22 Working Environment in Volka food ...................................................................................... 23 Challenges for Human Resource ............................................................................................. 24 Challenges for Culture ......................................................................................................... 24 Challenges for Competition ................................................................................................. 25 Challenges for Leadership .................................................................................................... 25 Our standards ........................................................................................................................... 26 Evaluation ................................................................................................................................ 27 Short analysis in terms of working environment ................................................................. 27 SWOT Analysis in Volka food ............................................................................................ 28 PEST in Volka food ................................................................................................................. 29 Recommendation of Volka food .............................................................................................. 30

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Volka Food Profile

VFI is a modern and state of art production of Confectionery & Bakery Products. Our Aim is to produce Hygienic products with international standards of productions. It’s our achievement that’s why we proudly claim that we are producing unmatched “Safe to Eat" products. The vision to see VFI as a professionally managed Human Resource company, production of confectionery & Bakery with best manufacturing practices, by transforming a National company into a very dynamic and progressive management structure on Multinational standards. Now with the aid of modern technology, we are using best and latest technology. No other manufacturer comes closer. The company's focal point will remain on Children’s needs through Innovative Hygienic Products. In the era, where only productions are important, we believe productions with best practices. This website brings value to all our giggled customers by giving them values through our “Safe to Eat" products, in a way that will become the centre of attraction for you and for your loving children that will win your hearts with your confidence on our products.

Head office 3km Bahawalpur bypass road, Multan, Punjab, Pakistan, N-5 Landline: +92-61-6527661-2 Fax: +92-61-6527663 Email: [email protected]

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Volka food international profiles consist of two items. 1) Volka food Description 2) Volka food Situation

Volka food description Volka food description is defined as given below. a) Volka food Environment Volka foods environment consist of these things that are define as given below. 1) Product offerings 2) Workforce Profile 3) Volka food Assets 4) Regulatory Requirements

b) Volka food Relationship Volka Food relationship is so wide the main one is define as given below. 1) With Government relation 2) Customers and Stakeholders relation 3) Suppliers and Partners relation

Volka Food Situation An uncompromising passion for quality and innovation, a world-class production, marketing and distribution infrastructure is the strength that defines Volka Food. Volka Food International's strictly adhere to the high standards as symbolized by F.S.C. Food served to the public must meet the company's excellence standards or it will not be served at all; the service must be fast and courteous; and cleanliness from kitchen to utensils, must always be maintained. The main situations are defined as given below. 1) Competitive position 2) Competitiveness changes 3) Strategic context 4|Page

4) Performance improvement system

Our visiting experience in Volka Food

We have visited to Volka Food on Monday (30-11-2015).There we met to the Officer, Executive, and Assistant Manager. They provide all of their information about company overview. They enlighten the total procedure of their organization. Assistant Manager (Muhammad Saifullaha) gives the whole information about company. He says that with a passage of time seminars are conducted to enhance the performance of employee. If he feels any difficulty in his work then seniors are present to help him. There is also a career development. Field management have a chance of promotion after two years that’s depend on the task and targets that are given to them. Then he provide all information about company like goals, scope, strategy etc and that information are defined as given below.

Volka Food Scope Volka food may take many forms depending on the type of project being implemented and the nature of the organization. The scope statement details the project deliverables and describes the major objectives. The objectives should include measurable success criteria for the project. The scopes of Volka food are defined as given below.

Our Effectiveness Organizational effectiveness is the concept of how effective an organization is in achieving the outcomes the organization intends to produce. Product development is very crucial for any

Performance Excellence An uncompromising passion for quality and innovation, a world-class production, marketing and distribution infrastructure is the strength that defines Volka Food.

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Volka Food International's strictly adhere to the high standards as symbolized by F.S.C. Food served to the public must meet the company's excellence standards or it will not be served at all; the service must be fast and courteous; and cleanliness from kitchen to utensils, must always be maintained.

Succession Planning Identification and development of potential successors for key position in an organization through a systematic evaluation process and training Unlike replacement planning (which grades an individual solely on the basis of his or her past performance) succession planning is largely predictive in judging an individual for a position he or she might never have been in.

Team Intervention The purpose of this team is to help employees. Members of the team that are struggling in some way. This usually refers to performance but can include emotional and behavior and social concern.

Volka food Context The Volka food context refers to the scope of an entity, such as 1. parent organization (organization owning one or more entities) 2. enterprise (an entire organization) 3. division or department (a sub-organization within the overall organization) 4. work unit (a sub-sub-organization) 5. Work role (one person’s job or part of a job).

Volka Food Strategy

Volka Food International is a new mega-addition to S.M Group of Industries, an organization that has been operating successfully in the field of confectionery and bakery products for the past 20 years.

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The foundations of our business are based on ethical and moral principles that have helped us tremendously in molding our dreams into reality, and in earning respect of the industry. Our aim is to meet our strategic targets that will help us become a leader in the bakery and confectionery market, and ensure that every consumer is fully satisfied with our products. We are proud to have multitalented, skilled professionals on our team. Highly talented in all areas, this expert manpower has been the guiding force behind our safe and high standards of production. We believe in our employees and honor the devotion and sincerity they show towards the company. We know that with the support of our team we will expand into new ventures that will lead to progress and prosperity of not only the organization, but of the country as well. Our strategic points are defined as given below. 

Review the vision, mission, charter, purpose, values, and historical evolution for the organizational context.



Identify the internal and external customers, vendors, competitors, and the trends affecting the operation of the organizational context.



Speak with the highest level of people within the organizational context to obtain their perspectives, opinions, values, and needs.

Volka Food Vision Our vision is to create a wide and innovative range of the most endearing brands and to be the market leader in confectionery and bakery production category. It is in our genes to love & protect our children. It is for this reason parents are extremely conscious of what children eat & whether the ingredients are healthy or harmful. So, we insist on only the very best for our products and processes.

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Our modern, world-class laboratory is staffed with highly skilled and experienced technical professionals and modernized equipment for ingredients testing. We are determined to maintain the quality through our strong procedures and standers.

Volka Food Mission

Our Mission is to provide the high quality products while analyzing strong procedures and strict standards. At VFI, we focus on providing the consistent quality to our customers and we have achieved high level success in maintaining the persistent quality and procedures. Consistent quality cannot be maintained without strong Quality Checks and modern Research and Development at all levels. At VFI, our world class laboratory experts in examining regular hygiene check for every lot and SKU. Our team of experts consists of highly trained professionals, technical staff and latest equipments like Moisture Analyzers, Ash Determination equipments, Spectrophotometer and purity confirmation equipments for ingredients used in our products. Research & Development at VFI strives to anticipate changing needs and tastes and meet them accordingly. We have an experienced Confectionery and Bakery research staff that put forth ideas that are evaluated, refined, and transformed into an unmatched product made with only the very best ingredients sourced from all around the world.

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We have a Mission of "creative work undertaken on a systematic basis in order to increase our products and customers". We are our own competitors and believe in striving to continuously improve our products with changing times and trends.

Volka Food Goals

There are many advantages to establishing organizational goals: They guide employee efforts, justify a company's activities and existence, define performance standards, provide constraints for pursuing unnecessary goals and function as behavioral incentives. There are two main goals of Volka food.

Official goals

In Volka food the official goals is detail a company's aims as described in their public

statements, such as the corporate charter and annual reports. They help to build the organization's public image and reputation.

Operative goals

In Volka food the operative goals are the actual, concrete steps a business intends to take to achieve its purpose. A company's operative goals often don't parallel its official goals; for example, while a nonprofit volunteer organization's main official goal may be community 9|Page

service, limited funding might mean that its operative goal of fund raising will take precedence.

Cores values and principles Our

Principle

of

Quality

Assurance

is

the

“OPPORTUNITY

IS

A

RESPONSIBILITY”, we at VFI not only maintaining the top Quality but focusing on improving our procedures by following strict standards. We believe in the principle of continuous improvement hence our purpose is to create every product flawless. Our focus is to provide delicious and hygienic products to every customer. We have managed to produce high standards in maintaining quality and creating values. This consistency could not be achieved and maintained without strict Quality assessment and innovative R & D at all levels. Our philosophy and principles of good quality product is: 

100% fulfillment with Standards and Specifications.



100% Customer Satisfaction as per their requirements.



100 % Hygienic Food, Safe to Eat.



100% Environmental Friendly processes

Products of Volka Foods

Our products have been in business for several years, which includes Jellies, Bubble Gums and Toffees and etc.

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Confectionary  Giggly Jellies Bubble gum Bunties Cake Candies Chew Beans Chocolate Lolly pop Toffee Waffer

Bakery

 Cookania Cookies and Biscuits

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Corporate social responsibility of Volka food The targets cover the following areas: 

Flood victims accommodation and relief support.



Earth Quake victims’ accommodation and relief support.



Joint ventures with other companies in providing the food in shape of high energy Biscuit.



Regular meals to employees 3 times a day. (Breakfast, lunch & Dinner).



Dispensary with Doctor for the employee and their families (Health and Safety).



Regular donation on Monthly basis to orphans & widows in SOS village.



Regular Donations to different NGO'S.



Regular Donations for the local health-care programs.

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Regular Donations of equipment to a local school system.

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Donation / Road Making for the Proper Movement of Local Area People and their Vehicles, Near the Factory. 12 | P a g e

What is Human Resource Management?

Human resource management is an essential function of both private and public sector organizations. In this lesson, you'll learn what human resource management is, as well as its objectives and responsibilities in an organization Human resources are people, and human resource management (HRM) is the process an organization undergoes to manage people in order to achieve its goals. Volka Food International is one of the Asia’s best confectionery and baking company. We strive to hire the most talented Human Resource from different areas providing those opportunities to perform and groom. We offer our employees challenging roles.

In Volka Food Human Resource Function

In Volka food Human Resource function consist of six steps that are defined as given below. 1) Recruitment 2) Employee Relations 3) Safety 4) Compliance 5) Training and Development 6) Compensation and Benefits

Recruitment Recruitment is a Human Resource Management practice that is designed to locate and attract job applicant for a particular job. Recruitment is one of the most important functions of the HR practices. The quality of an organization’s human resource depends on the quality of its recruits. The basic purpose of the recruitment is to recruit the new people in the organization and whenever Volka food wants to hire new people in the organization recruitment is done. Recruitment starts when a company announces for a job. 13 | P a g e

Employee Relations Volka food always creates the employee relation because they think that happy employees are productive employees. Successful businesses know how to manage relationships to build lasting employee satisfaction. Learn the meaning of employee relations and understand the essential elements of an effective employee relations program.

Safety Workplace safety is an important factor. Under the Occupational Safety and Health Act of 1970, employers have an obligation to provide a safe working environment for employees. In Volka food HR safety and risk specialists often work closely with HR benefits specialists to manage the Volka food workers compensation issues.

Compliance Compliance with labor and employment laws is a critical HR function. Noncompliance can result in workplace complaints based on unfair employment practices and etc. Title VII of the Civil Rights Act, the Fair Labor Standards Act, the National Labor Relations Act and many other rules and regulations.

Training and Development In Volka food HR departments also provide leadership training and professional development. Leadership training may be required of newly hired and promoted supervisors and managers on topics such as performance management and how to handle employee relations matters at the department level.

Compensation and Benefits Like employee and labor relations, the compensation and benefits functions of HR often can be handled by one HR specialist with dual expertise. On the compensation side, the HR functions include setting compensation structures and evaluating competitive pay practices.

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Human Resource Strategy

In Volka Food Human resource strategy consist of seven steps that are defined as given below.  Good with people  Operationally Efficient  Has a strategic Mindset  Knows HR content  Understanding the business  Compliance Expert  Compassionate

Organic Gram of Volka Food

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Volka Food Departments All Departments of Volka Food are defined as given below.

HR & Admin Department HR & Admin department take cares of the human resources and their benefits and provide facilities to our employees for smooth working. Our environment is about empowering individuals to be successful in achieving business objectives and their personal career objectives. We work on policies, procedures, processes and systems that attract new pool of talented human resource towards us and satisfy our existing employees to enhance their utmost efforts towards the continuous improvement.

Marketing Department This department of VFI engages with our customers closely to understand their needs and requirements to improve Brand Development. Brand development is about creating exciting visions for our brands and developing plans keeping in mind full marketing mix. It contains brand communication, innovation and channel specific prepositions.

Sales Department This department work as the front force of the company to directly provide the products and services at the doorsteps of the retail customers. Our Sales department consists of an energetic sales force nationwide with extremely target oriented and energetic mind setto achieve the business objectives.

Production Department The production department creates products with breakthrough technologies to give consumers a pleasurable experience. We always strive for producing safe to eat products under hygienically controlled environment through state-of-the-art plant. 16 | P a g e

Our ultimate goal is to provide people best food to cater to their needs, wants, desires and taste.

IT Department Our IT department facilitates employees with more effective working and closer teamwork in pursuit of competitive advantage. IT analysis and development manages resources in order to plan and carry out different projects according to the internal requirements. IT provides quick solutions to meet the international business standards and requirements with an excellent team working on the continuous improvement of organization

Recruit Process

Recruit process are define as given below. There are two types of recruitment process. 1. For Experience Base 2. For Fresh Base

For Experience Base In Volka food they can hire the employees for experience base that detail are defined as given below. 

Are we right for you



Telephone interview



Formal interview



Offer

For Fresh Base In Volka food human resource department hire the candidates of recent graduate that detail is defined as given below. 

Apply online

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

Aptitude test



Telephone interview



Assessment center



Offer

Volka food certification 

ISO 22000-2005 international standards, which specify the requirements for a food safety management system



BRC (British Retailer Consortium) sets out requirements for the manufacturer of processed food & the preparation of primary products supplied as retailer branded products, food products & food or ingredients for use by food service companies etc



HALAL certification complies with the HALAL laws in Islam. It enables an organization to demonstrate to its customers that its entire process from purchasing, processing, inspection, storage & delivery is in accordance with the principles laid down in Islam

Recruit Strategy In Volka Food the recruitment strategy has to include the elaborated part about the strategic initiatives. The top managers cannot define the needed skills and competencies exactly. It is the role of Human Resources. The result has to be included in the recruitment strategy after the approval. HR has to understand the business strategy as it can identify the different strategic job positions. They have to be split into different units. HR has to propose the hiring plan, and it has to set up the realistic time line. The tip management expects the delivery on time as the employees can speed up the implementation of the new business strategy. 

Right person are in right place



Realistic time line



Speed up employees

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Our exports

Source of Hire Talent

In Volka food Source of hire means precisely that, and not, as some platforms would have you believe, source of traffic. There are few recruiters who appreciate being drowned in ill-fitting resumes on Day 1. With much power comes much responsibility and with all our new tools and tactics, source of hire has become infinitely more complicated, but also more track able.

Internal source of hire talent Internal source of hire talent means check the ability of employees for using the new innovation or training the employees about new innovation.

External source of hire Talent External source of hire talent demonstrable track record, broad search capabilities, defined screening process, defined validation process, little or no retainers, fee on success, guarantee of candidate, follow up with candidate.

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Training and Development “Training is the organized procedure by which people learn knowledge and skills for a definite purpose.” OR “Training is a learning process that involves the acquisition of knowledge, sharpening of skills, concepts and rules.” In Volka food this performed activities by the Training Directors for training are following:  Determination of training needs  Development of overall plans and objectives  Development of training programs  Collection and preparation of training materials  Instruction of certain courses  Selection of qualified instructors  Administration and coordination of all training programs  Evaluation of effectiveness of training effort

Need for Training and development

The training activity is a staff function. It performs in the areas of policy formation, advice, service and control for organization wide activities. The objective of training is to achieve a change in the behavior of trainees. It means that trainees should acquire new manipulative skills, technical knowledge. Problem solving ability or attitudes. It is expected that the employees apply their newly acquired knowledge and skills on the job in such a way as to aid in the achievement of organizational goals.

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Way of Training

For the training particular method is selected that determines by considerations of cost, time available, number of persons to be trained depth of knowledge required, background of the trainees and many other factors. Major training methods are following:  On-job-training  Off-job-training  Vestibule training  Class room methods

a. Lectures b. Conferences c. Case study d. Role playing e. Programmed instruction f. Computer-assisted instruction g. Learner-controlled instruction h. Simulation and games

Training Needs Assessment in Volka Food

In Volka Food many needs assessments are available for use in different employment contexts. Sources that can help you determine which needs analysis is appropriate for your situations. “Training Needs Assessment” (TNA) is the method of determining if a training need exists and, if it does, what training is required to fill the gap. TNA seeks to identify accurately the levels of the present situation in the target surveys, interview, observation, secondary data and/or workshop .The gap between the present status and desired status may indicate problems that in turn can be translated into a training need. 21 | P a g e

Benefits of Training needs assessment of Volka Food

 Identifies performance goals and the knowledge, skills and abilities needed by a company’s workforce to achieve those goals  Identifies gaps in training provision in sectors and or regions  Helps direct resources to areas of greatest priority

Steps of Training needs assessment in Volka Food  Assess training needs  Set organizational training objectives  Create training action plan  Implement training initiatives  Evaluate and Revise training

Staff development and learning strategy

Volka food organization have a vision statement, organizational strategy etc and this can lead to the Learning Strategy. We can see that a Learning Strategy is not developed in isolation. It is derived from the organizational strategy.

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The direction an organization takes normally results from an analysis of strategic options and then a decision as to the most suitable application of resources and return on investment e.g. Rothschild’s have recently decided to withdraw from dealing in gold after a period of over two hundred years. Following on from the choice of strategic direction an organization then identifies specific aims and objectives on which to focus. It is these aims and objectives which guide the development of the Human Resource strategy. The Learning Strategy is normally embedded within the HR strategy and applies throughout the organization. A comprehensive Learning Strategy of Volka food organization is defined as given below.  What are the aims and objectives of the organization?  Do you have a policy for dissemination of the organizational vision and objectives?  Would all employees be able to describe the objectives of the organization if asked?  What opportunity is there for the HR Department to contribute to the development of organizational objectives?  What are the aims and objectives of the Human Resource strategy?  Are the aims and objectives measurable?

Working Environment in Volka food

Volka Food International offers exciting and challenging opportunities for qualified and exceptional crew members to further their food-service careers with excellent benefits and exceptional advancement. We care about our employees and provide them with a relaxed and enriching working environment. We believe in hiring people who have talent, skills, creativity, innovation, ambition, enthusiasm and positive thinking for continuous growth. To achieve our objectives of continuous improvement we want our employees to be healthy, motivated, committed and satisfied. Our employees are our main focus. Five characteristics of work environment in Volka food  Transparent and open communication 23 | P a g e

 Work life balance  Training and development focused  Recognition for hard work  Strong team spirit

Challenges for Human Resource Basic challenges for HR are defined as given below

Challenges for Culture

Volka food culture, also known as company culture, is one of the most important criteria for candidates when selecting a job. It also represents an important aspect for existing employee, allowing them to develop a strong sense of belonging. Representing the lifestyle of the company, developing a healthy culture should become a priority for every organization. It is the company’s culture that allows its members to move in the same direction; towards success. Corporate culture, however, is not without its issues. Organizations need to recognize numerous factors in order to better reflect what the company is all about. But what exactly is organizational culture, Challenges for culture in Volka food is defined as given below.  the beliefs of the company  working methods of the company  its history  its ethics  the level of social engagement  the values of the company and how it transmits them to others  fun at work, and the well-being of its employees  teamwork  the quality of customer service  the working environment  the dress code 24 | P a g e

Challenges for Competition

Volka Food International seeks to attract highly motivated individuals that want to work as a team and share commitment, responsibility, risk taking and discipline which is required to fulfill our vision. VFI maintains a policy of non-discrimination towards all employees and applicants for employment. All aspects of employment with VFI are governed by merit, competence, suitability and qualifications and will not be influenced in any manner by gender, age, race, color, religion, national origin or disability. Our training and further education programs ensure a high professional standard amongst our employees.

Challenges for Leadership

Volka Food International is one of the Asia’s best confectionery and baking company. We strive to hire the most talented Human Resource from different areas providing them opportunities to perform and groom. We offer our employees challenging roles. Challenges for leadership in HR department Volka food is defined as given below.

Setting a clear vision In Volka food setting a clear vision means influencing employees to understand and accept the future state of the organization. A unit of young soldiers may not believe in a particular mission ordered by their commanding officer. 25 | P a g e

A good leader will influence the soldiers to perform their duties by explaining the vision and the importance of their role in the outcome. The soldiers will be more apt to follow.

Motivating employees In Volka food motivating employee means to find out enough about the needs and wants of employees, giving them what they need and providing praise for a job well done. Being far from home is lonely for a young soldier . A good leader knows this and will communicate with his unit to learn more about their needs and wants. It may be as simple as giving the soldiers a sweet treat for their efforts.

Guiding employees it is important to define their role in the work process and provide them with tools needed to perform and participate in their efforts along the way. Some military maneuvers are difficult. Often, orders are to perform tasks that involve intricate details, like explaining how to dig a tunnel past enemy lines. A good leader will explain the tasks, provide the digging tools, direct the work and be available to assist the soldiers if they run into a problem.

Building morale In Volka food building role involves pulling everyone together to work towards a common goal. Let's face it - fighting in a war is stressful. Soldiers are often placed in highstress situations. This can cause the unit to lose their focus or, worse yet, shut down emotionally. A good leader will let the soldiers know how much their work is appreciated. A simple gesture like throwing an impromptu party to recognize the unit's small victories can reignite the soldier's spirits.

Our standards The thinking that inspired the birth of our company was certainly visionary. We continue to meet the needs of a rapidly expanding domestic market. 26 | P a g e

Despite the changes our business has undergone, one thing has never altered "Volka Food's determination to stay faithful to its founding principle by producing quality you can trust". Our Quality and Product Development Division has embedded this principle firmly into the way we manage our business. The division is dedicated to ensure that the growing size and complexity of our business never compromises the quality of our products or our talent for innovation. Its purpose is to ensure we always keep our quality promise by creating world-class product development processes that produce world-class products. An uncompromising passion for quality and innovation, a world-class production, marketing and distribution infrastructure is the strength that defines Volka Food. Volka Food International's strictly adhere to the high standards as symbolized by F.S.C. Food (F) served to the public must meet the company's excellence standards or it will not be served at all; the service (S) must be fast and courteous; and cleanliness (C) from kitchen to utensils, must always be maintained.

Evaluation The basic evaluation of Volka food is defined as given below.

Short analysis in terms of working environment

Volka Food International offers exciting and challenging opportunities for qualified and exceptional crew members to further their food-service careers with excellent benefits

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and exceptional advancement. We care about our employees and provide them with a relaxed and enriching working environment. We believe in hiring people who have talent, skills, creativity, innovation, ambition, enthusiasm and positive thinking for continuous growth.

SWOT Analysis in Volka food

SWOT analysis is an analytical tool used for the identification and categorization of internal and external factors. Strengths and weaknesses in SWOT analysis are termed as internal factors while opportunities and threats are termed as external factors. SWOT analysis can be conducted for a situation, an organization, a project, a new venture, a country, a nation and even individuals. SWOT analysis definition can help organizations in their strategic planning process, and in matching their capabilities and resources to the competitive environment in which it carries out its operations. SWOT analysis is a dynamic part of an organization’s business and management development process. It entails the collection of information pertaining to external and internal factors which may have an impact on the organization’s evolution.

Strengths Strengths refer to the internal characteristics which may be deemed favorable for the organization. Our strength is our Trademark, Product and etc

Weaknesses Weaknesses refer to the internal characteristics which may be deemed unfavorable for the organization. Our weaknesses are our competitor.

Opportunities Opportunities are external characteristics which the organization may use to its advantage. Our opportunity is use the update innovation

Threats 28 | P a g e

Threats are external characteristics which may be potential sources of failure to the organization. Our threat is security reason big fall the product and etc.

PEST in Volka food Numerous factors determine and affect the environment of an Volka food which should be identified, understood and analyzed by the company so it can achieve optimum performance. PEST analysis categorizes these factors affecting the organization under four headings, namely: 

Political



Economic



Social



Technological

If you want to know what PEST analysis is and how it can be used to gain an insight into the environment of your organization, you need to understand what these factors represent and how they are interdependent.

Political Political factors refer to the degree of government intervention in the economy. The legal and regulatory factors included are labor laws, tax policies, consumer protection laws, employment laws, environmental regulations, and tariff & trade restrictions.

Economical Economical factors include the inflation rate, exchange rate, interest rate, employment/ unemployment rate and other economic growth indicators. The economic factors faced by an organization have a significant impact on how a business carries on its operations in the future.

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Social Social factors include different cultural and demographic aspects of society that form the macro-environment of the organization. Social factors include career attributes, age distribution, population and its growth rate, health consciousness and safety awareness.

Technological Technology is evolving at a rapid pace and consumers are becoming extremely techsavvy. With the advent of new technology, older technology gets outdated and obsolete. The technological factors an organization faces include technological changes, R&D activity, obsolescence rate, automation and of course, innovation. If an organization does not look out for technological changes, it can lag behind its competitors.

Recommendation of Volka food  HR department should introduce HRIS to increase the efficiency of the company.  To reach the peak of achievement the company would have to stress on the growth of the product Volka should also look like into other countries Asia pacific in order to market its product globally. Another strategic plan would be a joint venture.  The shopkeeper complain that the Volka don’t provide replacement to the expired product so that they should provide proper replacement to the shopkeeper to enhance the image of the company.

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