E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help
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E Business Transformation In The Banking Industry The Case Of Citibank Case Help
E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis is a popular name of a New york city based, world's leading organization in the food and beverage industry. Case Study Help is a prominent brand in convenient treats, foods and beverages with its existence in about 200 countries. Major brand names of the company consist of; Pepsi-Cola, Frito-Lay, Tropicana, Quaker and Gatorade. The core competitive advantage of the business is its capability to market the item at everywhere places. The company is doing efforts to make product advancement as its brand-new source of competitive advantage.
The report includes a deep analysis of different aspects of the social responsibilities of major business in the food and beverage market in basic, and company in specific. The report also supplies an evaluation of the level of sustainability and CSR in the E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis's company technique along with the decision of how Case Study Solution creates worth for its customers.
Problems Identification
Case Study Analysis had taken certain vital steps relating to the environmental effects of its items, however, these steps are not enough to end up the criticism over the company's obligation towards social and eco-friendly concerns. This is needed to take certain strategic actions to change the market position of its particular famous brands and present Case Study Analysis as a business producing healthy products in the market. In this regard, business and other food and drink business must utilize their power to shift the consumer taste towards healthier items to remove the constraints in the development of food market.
Crucial Analysis
For the couple of years, customer food patterns have actually been altered dramatically. The shift from using healthy food to manufactured food has actually extremely impacted the health of the customers. Despite of the discovery of contemporary health techniques, the overall health of individuals in few decades have actually been highly affected. Presently about 1 billion of the people In US are obese and at least 300 million of them have obesity. Kids likewise dealing with the issue of weight problems. The ratios of obesity in 1980s are rather different from the present ratios. Despite of discovery of health strategies and modern ways to manage weight problems and other diseases, the ratio of weight problems has actually been doubled form the level of 1980. All of the information connected to the health issues with the incorporation of produced food in the market describe the occurrence of the health problems connected to food system. These problems are indirectly the result of different practices of the food and beverage companies for creating value for their customers.
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 giant business in the food and beverage market, supplies high worth to its clients by various methods. Case Study Analysis has a competitive benefit in supplying its products far and large worldwide. The business is presented in about 200 countries with a large number of popular international brands.
Moreover, the business creates value for its customers by methods of supplying a great deal of delicious foodstuff including salt, fat and sugar, which are the ingredients that are straight gotten in touch with the emotional core of the consumer's brain. The E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis along with other huge food and beverages business create worth for its consumers by manipulating these ingredients in its items. Case Study Analysis in addition to other huge business is interested in discovering ways to increase the customer value from its items through making use of the vulnerability.
Together with it, the business also produces value by ways of including the healthy point in its products. The business has actually done specific efforts in order to supply healthy items and decrease the share of E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis in general ecological destruction. Case Study Solution has actually taken specific actions connected to the sustainability of individuals and environment consisting of the 2009 announcement of the ambitious goals and dedications associated with Case Study Help products, marketplace and the community.
All of these methods have actually been successful at creating value for the business consumers. However, these ways have likewise cause the increased environmental concerns and the criticism over the business's role in increasing health and environmental difficulties. The incorporation of ingredients like salt, fat and sugar in the business items for producing consumer value deals with high quantity of criticism. These components are the primary cause of particular fatal diseases in human including weight problems, diabetes, heart problem etc. Increasing health related concerns have actually raised the criticism for E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis.
Useful Function of Significant Food and Beverage Business in Addressing Social and Ecological Costs Connected With the Industry
Significant food and beverage business consisting of E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help etc. can play a constructive role in attending to social and ecological costs associated with the market. The eco-friendly costs associated with food and drink market consist of the ecological devastation due to the influx of nitrogen which has actually resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors results in ecological devastation which could be a huge hazard to the presence of humanity in future.
Significant cause of these environmental modifications is mass usage of nitrogen abundant fertilizers and the ingredients by the food and beverage companies. For that reason, food and drink business should play an useful function in dealing with these concerns to eliminate their growth restrictions associated with the criticism from the environmental neighborhoods.
In order to attend to these concerns, the business could either minimize their use of nitrogen rich components or take specific steps to reduce the amount of nitrogen in the general environment. The companies must prevent use of nitrogen fertilizers and need to locate the items of those farmers that do not use fertilizers for their crop. The business might likewise invest in reducing greenhouse gas emissions worldwide. For instance, the business could utilize renewable resource sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich items.
In addition to the eco-friendly expenses there are certain social costs related to the food and drink industry which need to be resolved by the giant food and beverage business to attain the industry development and to prevent the criticism from the ecological communities. Social costs associated with the market consists of the increasing health issues connected to obesity, cardiovascular disease, diabetes etc. However, the giant business could play a constructive function in addressing these concerns.
The companies could move towards more healthy items by minimizing the quantity of hazardous compounds in their processed foods i.e. dioxin, which might result in deadly human illness. The business could likewise do efforts to move consumer tastes towards healthy products as they have controlled the customer taste for couple of years.
Evaluation of Sustainability at E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help
There was a potential shift in the corporate strategy and objectives at Case Study Solution. The new CEO was focused on buying much healthier products for achieving sustainable development for the company together with offering healthier future for the people and the world both. Under the brand-new vision, the motto of the company was likewise changed from the "fun for you" to "better for you".
Human Sustainability
The business revealed specific goals and dedications associated with human sustainability and the environmental sustainability. E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis acquired Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and organic drinks to present different healthier items in its portfolio. Despite of being thought about a Case Study Analysis's healthy brand, the products of Quake Oats contained a number of active ingredients which were harmful to health. These dangerous ingredients were not marketed which have ended up being the base for criticism over the healthy brands of E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help.
Along with the inculcation of healthy brands in its portfolio through acquisitions, E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help has actually taken certain sustainability steps for its market places. Among major examples in this regard is the Business's marketing method related to schools. The company markets just low calories and healthy drinks choices in schools.
Another action taken by Case Study Help towards human sustainability is the shift of its focus towards research study and development for presenting new and healthy items in its portfolio. The business has actually increased its research study and development spending plan and has presented an army of health researchers to design specific healthy products.
Environmental Sustainability
In addition to the human sustainability, E Business Transformation In The Banking Industry The Case Of Citibank Case Study Analysis has taken a number of steps towards ecological sustainability. The business has committed to various goals connected to water, land, packaging, climate change and neighborhood. In this regard, the company dedicated to reduce its packaging by millions of tones to prevent high amount of wastages. Moreover, the business has actually committed to minimize greenhouse gas emissions in addition to the accomplishment of efficiency in the energy usage. company has also attempted particular humanitarian activities consisting of a commitment to provide safe drinking water to 3 million individuals in developing countries by 2015.
On the basis of above analysis, it might be determined that the company has actually taken several steps towards human and ecological sustainability. These actions are still not adequate to achieve the wanted commercial development and to minimize the criticism over the social duty of Case Study Solution.
Alternatives
Particular long term tactical alternatives might be derived for the business on the basis of above analysis. These options can be assessed on the basis of the fact that how the option would allow the company to attain its objective of possible growth and decrease the criticism over the company. The options might be assessed on the basis of the time frame that would be taken by an alternative to be carried out along with the expense and threats related to the alternative
Alternative-1: intro of a New Product line Associated with Healthy Foods and Beverages
The primary step that E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help could take is to introduce a brand-new product line connected to healthy food and drinks. The business has currently presented certain heath associated brand names, but, the number of these brands in its portfolio is not potential to minimize the criticism and attain prospective development. The business ought to present a wide variety of much healthier items by using its substantial research and development expenses. The benefits and drawbacks related to the intro of a healthy product line in the portfolio are provided below:
Pros:
• Ability to target a great deal of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological worried societies and neighborhood advancement companies.
• Satisfaction of the social responsibility by payment of the harmful items with healthy products.
• Might be executed within couple of years i.e. 3 to 5 years.
Cons:
• Threat of failure of the new products in the market i.e. consumers may not like the taste and might decline the healthier items due to the addictive nature of dangerous items.
• The hazardous items in the item portfolio might make the incorporation of healthy products stop working to lower criticism.
• Big cost of research and development needed to develop new healthy items.
Alternative-2: High level Acquisition of Health associated Companies
Another alternative option to accomplish the potential growth and lower the criticism is to obtain the health associated business at a high level. Investment in these type of business would permit E Business Transformation In The Banking Industry The Case Of Citibank Case Study Solution to present a big range of healthier items within a short time duration with no requirement of substantial research and advancement expenses. The pros and cons connected to alternative 3 are offered listed below:
Pros:
• Saving of huge amount of research and advancement costs for brand-new product advancement.
• Incorporation of new products within two years.
• Ability to target a great deal of customers i.e. health mindful customers.
• Decrease of the criticism of environmental concerned societies and neighborhood development organizations.
• Fulfillment of the social duty by payment of the harmful products with healthy products.
Cons:
• The acquisition may not prove to change the image of E Business Transformation In The Banking Industry The Case Of Citibank Case Study Help as in case of Quaker Oats.
• Requirement of big quantity of capital.
• Danger of failure of the brand-new items in the market i.e. customers might not like the taste and might decline the much healthier items due to the addictive nature of dangerous items.
• The hazardous items in the product portfolio may make the incorporation of healthy items fail to reduce 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 Help is to replace all of its dangerous items with much healthier items. The replacement of hazardous products with much healthier items would completely change the market position of the company and would require a large number of required actions to be taken.
Pros:
• 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 conscious customers.
• End of all of the criticism of environmental concerned societies and community advancement organizations.
• Fulfillment of the social responsibility
Cons:
• Risk of failure of the brand-new items in the market i.e. consumers might not like the taste and might not accept the healthier items due to the addicting nature of hazardous items.
• Substantial expense of research and development needed to construct new healthy products.
• Worker may resist over the change in the business design and company strategy.
• Variety of years needed for the application.
• Shift of focus from the core proficiencies.
Recommendations
With the deep analysis of the company's CSR, problems dealt with by the business and the existing industry circumstance, Case Study Solution is suggested to consider alternative 2 of high level of acquisition of health associated companies. As the acquisitions would enable the business to save of big amount of research study and advancement expenses for brand-new product development. Along with it, acquisitions would enable incorporation of brand-new items within two years along with the capability to target large number of customers.
This E Business Transformation In The Banking Industry The Case Of Citibank case study is writen by : Ali Farhoomand
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