Sampling Future of Food Innovation †Free Samples to Students

Question: Discuss about the Sampling Future of Food Innovation. Answer: Introduction Our team comprised of five members who were responsible for gathering and analyzing different segments of the Knowledge Management report. The team faced several ups and downs but it was a good attempt to understand the business context in real life challenges. We would like to work for Share-A-Meal by 2025 due to socioeconomic reasons. This report helps in looking into the external environment of Singapore through PESTEL analysis management that can be controlled by contextualizing the venture Share-A-Meal. It is analyzed that Singapore is a successful business hub with higher cost of living. There is competitiveness in the country that gives a boost to all kinds of businesses. By 2025, Singapore shall be reliable on high end technology and highly skilled employees shall be able to serve the jobs. It is analyzed that our company, SAM shall reduce food wastage in Singapore which is a necessary step for social and economic development of the nation. This project helped me in understan ding the value of food and money which would otherwise be only treated as a low-level discussion. This paper helped me in understanding the impact of food wastage and designing the idea of reduced food wastage with the help of advanced information technology. This report helped me determine the challenges that could arise in the uncontrollable or external environment, so that I can transform the threats into opportunities. By analyzing our personal strengths and weaknesses, the suitable roles in the organization such as CEO, CFO and others could also be identified. Conclusion This report helped in understanding that Singapore is a safe country with a stable economy. The study found that Singapore has high job opportunities that make the economic condition better. It is found that Singapore invites foreign investor and businesses due to the strong stability and environment. There are declining birth rates and education is considered highly important. Singapore shall have a higher cost of living by 2025 that would increase competitiveness in education and workforce. With the advancement in technology, the jobs shall require greater skills and prepare people for an even rapid growth. The company, Share-A-Meal shall strive to meet the needs for consumer in the future by helping organizations management and individual to reduce food wastages in Singapore. It shall be based on e-commerce and link the organization by playing the role of a middleman. The report suggests that the target market includes private companies, non-profit organizations and individuals th at are willing to contribute to the society and also helping to reduce food wastage in Singapore. Certain recommendations such as 3D printed meal, double-loop learning and others are provided. Lastly, the report suggests that Renuka could be the Chief Executive Officer, Bella as Chief Finance Officer, Hazima as Chief Operation Officer, Yuen Teng as Chief Marketing Officer, and Azli as Chief Research and Design Officer. These positions are suggested based on the personal strengths and weaknesses of the team members. References Foodbank.sg. 2017. "How It Works".Foodbank.Sg. https://www.foodbank.sg/index.php/banking-differently/how-it-works. Internations.org. 2017. "Cost Of Living In Singapore".Internations.Org. https://www.internations.org/singapore-expats/guide/16061-economy-finance/cost-of-living-in-singapore-16043. Meyer, Arnoud De. 2015. "The Jobs - They Are A-Changing".The Straits Times. https://www.straitstimes.com/singapore/the-jobs-they-are-a-changing. Mingfeng, Alfred Chua. 2017. "Singapore Workers Unhappiest In South-East Asia: Survey".Todayonline. https://www.todayonline.com/singapore/singapore-workers-unhappiest-southeast-asia-survey. Nea.gov.sg. 2017. "Waste Statistics And Overall Recycling".Nea.Gov.Sg. https://www.nea.gov.sg/energy-waste/waste-management/waste-statistics-and-overall-recycling. Sadowski, Jathan. 2017. "Food Delivery By Drones: Coming To A Restaurant Near You".The Sydney Morning Herald. https://www.smh.com.au/technology/technology-news/food-delivery-by-drones-coming-to-a-restaurant-near-you-20130807-2rf10.html. Salleh, NUR. 2017. "Singapore Climbs To 7Th On Global Least-Corrupt Index".The Straits Times. https://www.straitstimes.com/singapore/singapore-climbs-to-7th-on-global-least-corrupt-index. Shiao, Vivien. 2017. "Sampling The Future Of Food Innovation In Singapore".The Business Times. https://www.businesstimes.com.sg/government-economy/sampling-the-future-of-food-innovation-in-singapore. Spiegel, Alison. 2014. "All The Foods You Can Get Delivered By Drones".Huffington Post India. https://www.huffingtonpost.in/entry/food-delivery-drone_n_5461689. Todayonline.com. 2016. "The Evolution Of SPoreS Speakers Corner".Todayonline. https://www.todayonline.com/singapore/evolution-spores-speakers-corner. Todayonline.com. 2015. "Cost Of Living A Worry For Many".Todayonline.Com. https://www.todayonline.com/singapore/cost-living-worry-many. Todayonline.com. 2016. "Prepare For The Cost Of Raising A Child".Todayonline. https://www.todayonline.com/business/prepare-cost-raising-child-0. Yong, Charissa. 2017. "Singapore's Total Fertility Rate Dipped To 1.20 In 2016".Straits Times. https://www.straitstimes.com/singapore/singapores-total-fertility-rate-dipped-to-120-in-2016.