E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis
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E Business Transformation In The Banking Industry The Case Of Citibank Case Analysis
E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis is a well-known name of a New York based, world's leading company in the food and beverage industry. company is a prominent brand name in convenient treats, foods and drinks with its presence in about 200 nations.
The report includes a deep analysis of different elements of the social obligations of significant companies in the food and beverage market in basic, and Case Analysis in particular. It also supplies an analysis of the growing health and ecological concerns consisting of weight problems, heart diseases, environmental destruction and so on in the Western countries and the role of the companies in the food and drink industry to resolve these problems. The report likewise provides an examination of the level of sustainability and CSR in the E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help's company method together with the decision of how Case Study Solution creates value for its consumers. Additionally, the report also offers specific strategic alternatives for Case Solution to incorporate the criticism over its social obligation with specific suggestions and an implementation plan.
Case Study Help had taken particular essential steps concerning the environmental effects of its items, but, these actions are not enough to end up the criticism over the company's responsibility towards social and environmental issues. This is required to take specific strategic steps to change the market position of its particular famous brands and present Case Study Help as a company producing healthy products in the market. In this regard, business and other food and beverage business need to use their power to shift the customer taste towards much healthier items to eliminate the restraints in the development of food market.
For the couple of decades, customer food patterns have actually been changed considerably. The shift from using natural food to made food has extremely impacted the health of the consumers. Despite of the discovery of modern health methods, the overall health of people in few years have actually been highly impacted. Presently about 1 billion of individuals In United States are overweight and at least 300 million of them have weight problems. Children also dealing with the issue of weight problems. The ratios of weight problems in 1980s are rather various from the current ratios. Despite of discovery of health strategies and modern-day ways to manage weight problems and other illness, the ratio of weight problems has actually been doubled form the level of 1980. All of the information associated with the health concerns with the incorporation of produced food in the market describe the frequency of the health concerns associated with food system. These problems are indirectly the result of different practices of the food and drink business for producing value for their consumers.
Worth Development at E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help
E Business Transformation In The Banking Industry The Case Of Citibank Case Study Solution being a huge business in the food and beverage market, offers high value to its clients by different ways. Value production in the food and beverage market is done through 2 methods i.e. taste and availability of the item. Case Study Help has a competitive benefit in providing its items far and wide internationally. Its marketing ability makes it able to target a large base of consumers. The company is presented in about 200 nations with a a great deal of popular global brand names. The everywhere existence of the company items provides high value to consumers.
The company produces value for its consumers by ways of supplying big number of yummy food products consisting of salt, fat and sugar, which are the ingredients that are straight linked with the psychological core of the customer's brain. The E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help along with other huge food and drinks companies produce worth for its consumers by controling these ingredients in its items. Case Study Help along with other giant business has an interest in finding ways to increase the consumer worth from its items through making use of the vulnerability.
Together with it, the business likewise develops worth by ways of including the healthy point in its items. The company has actually done particular efforts in order to offer healthy products and reduce the share of E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis in total environmental devastation. Case Study Analysis has taken certain actions connected to the sustainability of individuals and environment consisting of the 2009 statement of the enthusiastic goals and dedications related to Case Study Analysis items, marketplace and the community.
All of these means have actually been successful at developing value for the Case Study Analysis customers. Increasing health related problems have actually raised the criticism for Case Study Solution.
Useful Role of Significant Food and Beverage Business in Resolving Social and Ecological Expenses Related To the Industry
Significant food and beverage companies including E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help and so on can play a positive function in resolving social and environmental expenses associated with the market. The eco-friendly costs related to food and beverage market include the environmental destruction due to the influx of nitrogen which has resulted in the lowered water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors results in ecological devastation which might be a big hazard to the existence of humankind in future.
Significant cause of these ecological changes is mass use of nitrogen rich fertilizers and the active ingredients by the food and drink business. Food and beverage business ought to play a constructive function in dealing with these concerns to remove their development constraints related to the criticism from the ecological communities.
In order to resolve these concerns, the business might either lower their use of nitrogen rich ingredients or take certain actions to lower the quantity of nitrogen in the overall environment. The companies ought to avoid usage of nitrogen fertilizers and should search out the products of those farmers that do not utilize fertilizers for their crop. The business could likewise invest in decreasing greenhouse gas emissions worldwide. The companies might utilize eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich items.
Along with the ecological costs there are particular social expenses associated with the food and drink industry which need to be addressed by the huge food and beverage business to accomplish the industry growth and to prevent the criticism from the ecological neighborhoods. Social costs related to the industry includes the increasing health problems related to obesity, cardiovascular disease, diabetes and so on. Nevertheless, the giant business could play a constructive function in addressing these problems.
The business could move towards more healthy items by reducing the quantity of harmful compounds in their processed foods i.e. dioxin, which could result in deadly human illness. In addition to it, the business should use more nutritious active ingredients rather than derivatives of Corn and Soy to increase variety of calories from their products. The companies might also do efforts to shift consumer tastes towards healthy products as they have actually controlled the customer taste for couple of decades. In this method the giant food and beverage business might play a positive role in dealing with social and ecological costs related to the market.
Evaluation of Sustainability at E Business Transformation In The Banking Industry The Case Of Citibank Case Study Solution
There was a prospective shift in the business strategy and objectives at Case Study Analysis. The brand-new CEO was concentrated on buying much healthier items for accomplishing sustainable growth for the company along with supplying much healthier future for the people and the world both. Under the new vision, the slogan of the business was also altered from the "fun for you" to "much better for you".
company got Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and natural beverages to introduce different much healthier products in its portfolio. Despite of being considered a Case Help's healthy brand, the items of Quaker Oats included a number of active ingredients which were hazardous to health.
Along with the inculcation of healthy brand names in its portfolio through acquisitions, E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help has actually taken particular sustainability steps for its market locations. One of significant examples in this regard is the Company's marketing strategy related to schools. The business markets just low calories and nutritious beverages choices in schools.
Another step taken by Case Study Analysis towards human sustainability is the shift of its focus towards research and advancement for introducing brand-new and healthy products in its portfolio. The business has actually increased its research and advancement spending plan and has actually presented an army of health scientists to design specific healthy products.
Along with the human sustainability, E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis has taken numerous actions towards environmental sustainability. The company has actually committed to various goals related to water, land, product packaging, environment change and community. In this regard, the company dedicated to lower its product packaging by millions of tones to prevent high amount of wastages. Furthermore, the business has dedicated to minimize greenhouse gas emissions together with the accomplishment of performance in the energy use. business has actually likewise tried particular humanitarian activities including a dedication to offer safe drinking water to 3 million individuals in developing countries by 2015.
On the basis of above analysis, it could be figured out that the company has taken a number of actions towards human and ecological sustainability. These steps are still not adequate to accomplish the desired commercial growth and to lower the criticism over the social responsibility of Case Study Solution.
Specific long term tactical alternatives might be obtained for the company on the basis of above analysis. These options can be evaluated on the basis of the reality that how the alternative would make it possible for the company to achieve its objective of potential development and reduce the criticism over the business. Additionally, the options might be examined on the basis of the time frame that would be taken by an alternative to be implemented along with the expense and dangers connected to the option
Alternative-1: introduction of a New Product line Related to Healthy Foods and Beverages
The first action that E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis might take is to introduce a new product line related to healthy food and drinks. The company ought to present a large variety of much healthier items by using its significant research study and advancement expenditures.
• Ability to target a great deal of customers i.e. health mindful customers.
• Decrease of the criticism of environmental worried societies and neighborhood development organizations.
• Satisfaction of the social duty by compensation of the dangerous items with healthy items.
• Could be executed within few years i.e. 3 to 5 years.
• Danger of failure of the new products in the market i.e. consumers may not like the taste and might decline the much healthier items due to the addicting nature of harmful products.
• The dangerous products in the item portfolio may make the incorporation of healthy items fail to minimize criticism.
• Huge expense of research and advancement needed to construct brand-new healthy products.
Alternative-2: High level Acquisition of Health associated Business
Another alternative option to attain the possible growth and minimize the criticism is to get the health related companies at a high level. Investment in these kind of companies would allow E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis to present a big range of healthier products within a short time duration without any need of considerable research study and development expenditures. The advantages and disadvantages related to alternative 3 are offered listed below:
• Conserving of big quantity of research and advancement costs for brand-new item advancement.
• Incorporation of new items within 2 years.
• Ability to target large number of consumers i.e. health mindful consumers.
• Decrease of the criticism of ecological concerned societies and neighborhood advancement companies.
• Fulfillment of the social obligation by payment of the dangerous items with healthy products.
• The acquisition may not prove to alter the image of E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis as in case of Quaker Oats.
• Requirement of substantial amount of capital.
• Danger of failure of the brand-new products in the market i.e. consumers may not like the taste and may decline the healthier products due to the addicting nature of harmful products.
• The harmful products in the item portfolio might make the incorporation of healthy items fail to lower criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative option for E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis is to change all of its hazardous items with much healthier products. The replacement of harmful products with much healthier items would entirely alter the market position of the business and would require a big number of essential actions to be taken.
• Change of market position of E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help
• Ability to target a great deal of consumers i.e. health mindful customers.
• End of all of the criticism of environmental worried societies and community development organizations.
• Satisfaction of the social responsibility
• Danger of failure of the brand-new products in the market i.e. consumers may not like the taste and may not accept the healthier items due to the addicting nature of harmful products.
• Huge expense of research and advancement required to construct new healthy products.
• Employee may resist over the change in the business design and organisation technique.
• Number of years required for the execution.
• Shift of focus from the core competencies.
With the deep analysis of the company's CSR, problems dealt with by the business and the existing industry situation, Case Study Solution is suggested to consider alternative 2 of high level of acquisition of health related business. As the acquisitions would enable the business to save of substantial amount of research study and advancement expenses for new item advancement. Along with it, acquisitions would permit incorporation of new items within two years along with the ability to target large number of consumers.
This E Business Transformation In The Banking Industry The Case Of Citibank case study is writen by : Ali Farhoomand
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