Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis
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Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Analysis
Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution is a well-known name of a New York based, world's leading company in the food and beverage industry. business is a prominent brand name in convenient snacks, foods and drinks with its presence in about 200 nations.
The report contains a deep analysis of various elements of the social duties of major business in the food and drink market in general, and Case Solution in particular. It also provides an analysis of the growing health and environmental issues including weight problems, heart problem, ecological destruction and so on in the Western countries and the role of the companies in the food and drink industry to deal with these problems. The report also supplies an examination of the extent of sustainability and CSR in the Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis's service technique along with the determination of how Case Study Help develops worth for its consumers. The report also supplies particular tactical options for company to incorporate the criticism over its social obligation with certain suggestions and an implementation plan.
The huge food and beverage company was going through a criticism over its responsibility towards numerous social and eco-friendly issues including; weight problems, cardiovascular disease, environmental destruction and so on. These criticisms lead, to reassess about the business technique of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis. The Ali Farhoomand has actually understood that the general society, the lifestyle of people and the people at whole have actually been changed now. In this situation with increasing patterns towards healthier items and the increasing environmental concerns, Case Study Help needs to change its direction towards much healthier items. business had actually taken certain vital actions regarding the environmental effects of its products, but, these steps are not enough to end up the criticism over the company's duty towards social and eco-friendly problems. The required to take certain strategic steps to change the market position of its specific well-known brand names and present Online Case Study Solution as a business producing healthy products in the market. In this regard, Case Study Help and other food and drink companies need to utilize their power to move the consumer taste towards healthier products to remove the restrictions in the development of food market.
For the few years, customer food patterns have actually been changed significantly. The shift from using healthy food to produced food has actually extremely affected the health of the consumers. Despite of the discovery of modern-day health techniques, the overall health of individuals in few years have actually been highly affected. Currently about 1 billion of the people In United States are overweight and a minimum of 300 countless them have obesity. Children also facing the issue of weight problems. The ratios of weight problems in 1980s are rather various from the present ratios. Despite of discovery of health techniques and modern ways to manage weight problems and other diseases, the ratio of weight problems has been doubled form the level of 1980. All of the data associated with the health issues with the incorporation of made food in the market explain the occurrence of the health concerns connected to food system. These problems are indirectly the result of different practices of the food and beverage business for creating worth for their consumers.
Worth Production at Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis
Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution being a huge company in the food and drink market, provides high value to its clients by numerous means. Value production in the food and beverage industry is done through 2 ways i.e. taste and schedule of the product. Case Study Help has a competitive benefit in supplying its products everywhere internationally. Its marketing capability makes it able to target a large base of customers. The business is presented in about 200 countries with a a great deal of popular international brand names. The everywhere existence of the business items provides high worth to customers.
The company produces value for its consumers by methods of offering big number of delicious food products consisting of salt, fat and sugar, which are the ingredients that are directly linked with the emotional core of the customer's brain. The Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help in addition to other huge food and beverages companies develop worth for its customers by controling these components in its products. Case Study Solution along with other huge business is interested in discovering methods to increase the consumer worth from its items through exploiting the vulnerability.
Together with it, the business likewise creates value by methods of including the healthy point in its items. The company has actually done specific efforts in order to offer healthy products and lower the share of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help in general ecological destruction. Case Study Help has actually taken particular actions related to the sustainability of people and environment consisting of the 2009 statement of the ambitious objectives and dedications connected to Case Study Solution products, market and the community.
All of these ways have been effective at developing value for the Case Study Solution customers. Increasing health associated concerns have actually raised the criticism for Case Study Solution.
Constructive Function of Significant Food and Drink Business in Addressing Social and Ecological Expenses Related To the Market
Major food and beverage business consisting of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis etc. can play a constructive role in addressing social and environmental costs associated with the market. The ecological expenses connected to food and beverage market consist of the environmental devastation due to the influx of nitrogen which has led to the minimized water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors leads to environmental devastation which might be a huge danger to the existence of humankind in future.
Major reason for these environmental modifications is mass use of nitrogen rich fertilizers and the ingredients by the food and drink business. Therefore, food and drink companies must play a constructive function in dealing with these issues to eliminate their growth restraints associated with the criticism from the ecological neighborhoods.
The business ought to avoid usage of nitrogen fertilizers and should browse out the products of those farmers that do not use fertilizers for their crop. The companies could use eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich products.
In addition to the eco-friendly expenses there are certain social expenses related to the food and beverage industry which should be dealt with by the huge food and drink companies to attain the industry development and to prevent the criticism from the environmental neighborhoods. Social costs related to the industry includes the increasing health issues connected to obesity, cardiovascular disease, diabetes etc. The huge business might play an useful function in resolving these problems.
The companies could move towards more healthy products by decreasing the amount of poisonous compounds in their processed foods i.e. dioxin, which might result in deadly human illness. The companies might likewise do efforts to move consumer tastes towards healthy items as they have controlled the customer taste for few years.
Examination of Sustainability at Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis
There was a possible shift in the business method and objectives at Case Study Analysis. The brand-new CEO was focused on purchasing much healthier products for achieving sustainable growth for the company together with supplying healthier future for individuals and the planet both. Under the new vision, the motto of the company was also changed from the "fun for you" to "better for you".
business obtained Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and natural drinks to present numerous healthier items in its portfolio. Despite of being considered a Case Analysis's healthy brand name, the products of Quake Oats included a number of ingredients which were dangerous to health.
Together with the inculcation of healthy brand names in its portfolio through acquisitions, Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis has actually taken particular sustainability actions for its market locations. One of major examples in this regard is the Business's marketing strategy associated to schools. The company markets just low calories and nutritious beverages choices in schools.
Another action taken by Case Study Analysis towards human sustainability is the shift of its focus towards research and development for presenting new and healthy items in its portfolio. The company has increased its research and advancement budget and has presented an army of health researchers to design certain healthy products.
In addition to the human sustainability, Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution has taken a number of actions towards ecological sustainability. The business has actually committed to different goals related to water, land, packaging, climate change and neighborhood. In this regard, the company committed to decrease its product packaging by millions of tones to avoid high quantity of wastages. Moreover, the company has actually devoted to minimize greenhouse gas emissions along with the achievement of effectiveness in the energy use. company has actually also attempted specific humanitarian activities consisting of a commitment to supply safe drinking water to 3 million individuals in establishing countries by 2015.
On the basis of above analysis, it could be figured out that the company has taken a number of steps towards human and ecological sustainability. Nevertheless these actions are still not adequate to achieve the wanted commercial growth and to decrease the criticism over the social responsibility of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution.
Certain long term tactical options might be obtained for the business on the basis of above analysis. These alternatives can be examined on the basis of the reality that how the alternative would enable the company to attain its objective of prospective growth and lower the criticism over the company. Moreover, the options could be examined on the basis of the time frame that would be taken by an option to be executed together with the cost and risks related to the option
Alternative-1: introduction of a New Product line Related to Healthy Foods and Beverages
The first action that Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help might take is to present a brand-new product line related to healthy food and drinks. The company needs to present a broad variety of much healthier items by using its significant research study and advancement expenses.
• Capability to target a great deal of customers i.e. health conscious customers.
• Reduction of the criticism of ecological worried societies and community development companies.
• Satisfaction of the social responsibility by compensation of the hazardous items with healthy products.
• Could be executed within few years i.e. 3 to 5 years.
• Danger of failure of the brand-new items in the market i.e. consumers might not like the taste and might not accept the much healthier products due to the addictive nature of hazardous products.
• The hazardous products in the item portfolio may make the incorporation of healthy products fail to minimize criticism.
• Huge cost of research study and advancement required to build brand-new healthy items.
Alternative-2: High level Acquisition of Health related Companies
Another alternative choice to attain the prospective growth and lower the criticism is to acquire the health related business at a high level. Investment in these type of business would enable Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help to present a big variety of healthier items within a short time period with no need of significant research and development expenses. The benefits and drawbacks connected to alternative 3 are provided below:
• Conserving of big amount of research study and development expenses for brand-new item advancement.
• Incorporation of new products within 2 years.
• Ability to target large number of customers i.e. health mindful customers.
• Decrease of the criticism of environmental concerned societies and neighborhood advancement companies.
• Satisfaction of the social obligation by payment of the dangerous products with healthy products.
• The acquisition may not prove to change the image of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution as in case of Quake Oats.
• Requirement of substantial quantity of capital.
• Danger of failure of the brand-new products in the market i.e. customers might not like the taste and may decline the healthier items due to the addictive nature of hazardous 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 Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis is to change all of its dangerous products with much healthier items. This could be a huge shift in the business strategy and the business design at company. The replacement of dangerous products with much healthier products would totally change the marketplace position of the business and would require a a great deal of essential actions to be taken. The advantages and disadvantages related to alternative 3 are offered listed below:
• Modification of market position of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis
• Ability to target a great deal of customers i.e. health mindful consumers.
• End of all of the criticism of ecological concerned societies and community development companies.
• Satisfaction of the social responsibility
• Threat of failure of the brand-new items in the market i.e. customers might not like the taste and may decline the healthier products due to the addictive nature of hazardous products.
• Big cost of research and advancement required to develop brand-new healthy products.
• Employee may resist over the change in the business model and company technique.
• Number of years required for the application.
• Shift of focus from the core proficiencies.
With the deep analysis of the business's CSR, concerns faced by the business and the existing industry situation, Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis is suggested to think about alternative 2 of high level of acquisition of health related business. As the acquisitions would make it possible for the business to save of big amount of research study and development costs for new item advancement. Along with it, acquisitions would allow incorporation of brand-new products within two years together with the capability to target a great deal of consumers. The acquisitions would result in the reduction of the criticism from the concerned organizations.However, the alternative would need big quantity of financial investment funds. The organizations might not be able to reduce the criticism. However, with a cautious analysis of the acquisition with an aggressive marketing projects, Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help might prove to be effective in achieving the targets.
This Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship case study is writen by : Ali Farhoomand
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