Question

List the three (3) most important challenges that Campbell Soup Company is facing.

Answer 1

Answer- Campbell soup company is facing following three important challenges :

- Stiff market competition : Due to fierce competition Campbell soup Company feces from Nestle, and General Mills . It has recorded a decrease in sales growth and losing market share in the packaged food industry.

- Shifting Consumer Preference : Campbell soup company's customer shifting their preferences. Campbell consumers are becoming more aware of product convenience, wellness and product quality.

- Leadership Selection : The company's current CEO has questionable background, where she has recently recorded poor sales result in her previous position.