Table of Contents
Analysis and discussion
Resourcing and finance
The use of social enterprise has increased rapidly. Social enterprises by using effective entrepreneurship and distinctive preservence on problem-solving have developed community engagement (Jayawarna, 2018). They have developed a solution for response in a private business setup. This shows the potential in generating an impact on the community. CERES Fair Food is direct to home delivery service of food and provides eventual services (CERES Fair Food, 2020). It has distinguished features with no lock-in contacts and subscription with real customer service that has been rated as the prime strength of the company. The venture setup has shown innovation and development through employability by CERES Fair Food in the resource centers developed by the company. The company is involved in business objectives through supply to consumers by providing maximum return and reduced cost to customers. It supports sustainable agriculture practice and uses returnable boxes and home compostable bags for produce. The fair food business model works in three-step. It sources fresh produce from Victorian farmers and offers fruit and vegetable boxes that are local and organic (CERES Fair Food, 2020). In the last step, it serves households through food hosts. Fair food is a business arm of the parent company CERES which is not for profit association with work on fair trade products to support local communities. The company does not use the traditional back and mortar retailer, the customer buys, and pay using the website. Impact assessment and resource support promote organizational growth and serve the community.
Reduce the words in the intro and make it not more than 100 words. Use the extra words to add a few more points in the resourcing and finance section as that is the key focus area for the client’s part of the group work.
The report aims to discuss the existing challenges and opportunities for CERES Fair food in the key are resourcing and finance, supply chain management, and procurement. Staffing and scaling of impacts of social enterprise by providing recommendations and implantation in the social setup.
The scope of this study the report solely focus on the analysis of the social enterprise. The deliverable of the project will provide improved performance procedure for the company
The project has a limitation associated with time constraints.
Resourcing and finance
CERES Fair Food is pendent n financial support scubas administrate and human and intellectual resources on CERES. The potential challenge identified shows that they need resources fr business growth and expansion. This reflects the resource-based view that describes the need for a management system and organizational change. Fair Food needs to incur the food boxes to generate substantial profit with the high overhead cost. The multi-resource and stakeholder nature of the enterprise as bootstrapping can drift the company towards some investors. CRESES meet co-operatives to switch from the co-op model and can act support base to customers. The fair food model is difficult to explicate with the high entry cost. The expansion in operational procurement and separating composite fragmentation will boost CERES's fair food operations. The need for business resource capability is required to strengthen its business service from box food schemes and online grocery through recruiting food hosts. The allied business activities in onboarding and cost pressure will be higher for delivery services with no charges applicable on orders as a reduced margin. The company should build a crowdsourcing platform other than the seed funding by Jb Funds using the CERES Fair foo community. The company platform can be developed to demand if credit for expansion and weaken the moral hazard. As a social enterprise, the company depletes its capital for value service that may have a long term impact on the business. The box ordering and warehouse capacity have fixed costs associated with it. Social embeddedness will act as a fair prospect for better conceptualization and resource mobilization for capacity enhancement by co-operatives towards creating products and services (Jayawarna, 2018). The use of third party affiliations for partnership a network will scavenge for free resources. The one sourcing can build a leading body fo incorporating large valuable funding. Resource exchange will build cohesion and embed communities for the mutual benefit of social commitment for bot owners and reviver in ongoing social interaction. A process for subdivision and production process has to be developed for process improvement. Developing strong intermediaries will facile the promotion of ongoing operations to ensure the organization's smooth function.
CERES Fair Food. (2020). About us. Retrieved from https://www.ceresfairfood.org.au/about-us/
CERES Fair Food. (2020). Our buying policy. Retrieved from https://www.ceresfairfood.org.au/about-us/buying-policy/
Jayawarna, D. & Jones, O., Machpherson, A., (2018). Resourcing Social Enterprises: The Role of Socially Oriented Bootstrapping. British Journal of Management. 31(2). 387-402. DOI. https://doi.org/10.1111/1467-8551.12334.
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