Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution
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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 popular name of a New York based, world's leading company in the food and beverage industry. business is a leading brand name in convenient treats, foods and beverages with its presence in about 200 nations.
The report includes a deep analysis of various elements of the social duties of significant business in the food and drink industry in general, and Case Help in particular. It likewise offers an analysis of the growing health and ecological concerns including obesity, heart problem, ecological devastation and so on in the Western nations and the function of the companies in the food and beverage industry to deal with these problems. The report likewise offers an assessment of the level of sustainability and CSR in the Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution's company technique in addition to the determination of how Case Study Solution develops value for its consumers. The report also supplies specific tactical alternatives for business to include the criticism over its social obligation with particular recommendations and an execution strategy.
Case Study Solution had taken particular crucial actions concerning the ecological impacts of its items, but, these actions are not enough to end up the criticism over the company's obligation towards social and ecological problems. This is needed to take particular tactical actions to change the market position of its particular popular brand names and present Case Study Solution as a company producing healthy items in the market. In this regard, business and other food and drink companies need to utilize their power to shift the customer taste towards much healthier products to remove the constraints in the development of food industry.
For the couple of decades, customer food patterns have actually been changed drastically. The shift from using health food to produced food has actually highly affected the health of the consumers. Despite of the discovery of modern health methods, the general health of people in few years have been extremely impacted. Currently about 1 billion of individuals In US are obese and at least 300 countless them have weight problems. Kids also dealing with the issue of obesity. The ratios of obesity in 1980s are quite various from the existing ratios. Despite of discovery of health techniques and modern-day methods to control obesity and other diseases, the ratio of weight problems has been doubled form the level of 1980. All of the information related to the health concerns with the incorporation of made food in the market explain the prevalence of the health problems associated with food system. These issues are indirectly the result of different practices of the food and beverage companies for developing value for their consumers.
Value Creation at Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis
Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help being a huge company in the food and drink industry, provides high worth to its customers by numerous means. Value development in the food and beverage industry is done through 2 ways i.e. taste and schedule of the item. Case Study Help has a competitive advantage in providing its products everywhere globally. Its marketing ability makes it able to target a large base of customers. The company is presented in about 200 countries with a a great deal of popular global brands. The far and wide presence of the company products offers high value to consumers.
Moreover, the company produces value for its customers by ways of supplying a great deal of delicious foodstuff consisting of salt, fat and sugar, which are the ingredients that are directly gotten in touch with the psychological core of the customer's brain. The Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help along with other giant food and drinks companies create worth for its customers by manipulating these ingredients in its products. Case Study Solution along with other huge companies has an interest in discovering methods to increase the consumer worth from its products through exploiting the vulnerability.
In addition to it, the business likewise creates value by methods of incorporating the healthy point in its items. The business has actually done certain efforts in order to supply healthy products and lower the share of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis in general ecological devastation. Case Study Help has taken particular steps associated with the sustainability of people and environment consisting of the 2009 statement of the enthusiastic objectives and commitments connected to Case Study Solution products, marketplace and the community.
All of these ways have actually been successful at developing worth for the Case Study Solution consumers. Increasing health associated concerns have raised the criticism for Case Study Solution.
Useful Function of Significant Food and Beverage Companies in Addressing Social and Ecological Expenses Associated with the Industry
Major food and beverage companies including Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help and so on can play a positive role in addressing social and eco-friendly costs associated with the market. The environmental expenses associated with food and drink industry consist of the environmental destruction due to the influx of nitrogen which has led to the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to ecological destruction which might be a big risk to the presence of humanity in future.
Major cause of these environmental changes is mass use of nitrogen abundant fertilizers and the ingredients by the food and beverage companies. For that reason, food and drink business ought to play a positive function in attending to these problems to eliminate their development restrictions related to the criticism from the ecological communities.
The business should avoid use of nitrogen fertilizers and ought to browse out the items of those farmers that do not use fertilizers for their crop. The business could use eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich products.
Together with the environmental expenses there are specific social expenses associated with the food and beverage market which should be dealt with by the giant food and drink business to achieve the market growth and to avoid the criticism from the ecological communities. Social expenses connected with the market consists of the increasing health problems related to obesity, cardiovascular disease, diabetes and so on. Nevertheless, the huge business might play an useful role in dealing with these issues.
The companies might move towards healthier items by lowering the amount of hazardous substances in their processed foods i.e. dioxin, which might result in fatal human diseases. Along with it, the companies should utilize more healthy active ingredients instead of derivatives of Corn and Soy to increase variety of calories from their products. The companies could likewise do efforts to shift customer tastes towards healthy items as they have actually controlled the customer taste for couple of decades. In this way the huge food and drink business could play a constructive role in dealing with social and ecological costs related to the market.
Assessment of Sustainability at Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis
There was a possible shift in the corporate technique and goals at Case Study Solution. The brand-new CEO was concentrated on purchasing much healthier items for achieving sustainable development for the business along with providing much healthier future for the people and the planet both. Under the brand-new vision, the slogan of the company was likewise changed from the "fun for you" to "much better for you".
The business revealed specific goals and commitments related to human sustainability and the ecological sustainability. Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis got Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy drinks and natural drinks to introduce different healthier items in its portfolio. Despite of being considered a Case Study Solution's healthy brand, the products of Quaker Oats included a number of active ingredients which were dangerous to health. These hazardous active ingredients were not promoted which have ended up being the base for criticism over the healthy brand names of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help.
Along with the inculcation of healthy brands in its portfolio through acquisitions, Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help has actually taken certain sustainability actions for its market locations. Among major examples in this regard is the Business's marketing technique related to schools. The business markets only low calories and healthy drinks options in schools.
Another action taken by Case Study Analysis towards human sustainability is the shift of its focus towards research study and advancement for presenting new and healthy items in its portfolio. The business has increased its research study and advancement budget and has actually introduced an army of health researchers to develop particular healthy products.
Together with 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 company has actually devoted to various objectives related to water, land, product packaging, environment change and community. In this regard, the business devoted to minimize its packaging by millions of tones to avoid high quantity of wastages. The business has dedicated to reduce greenhouse gas emissions along with the achievement of effectiveness in the energy use. business has also tried certain humanitarian activities including a dedication to provide safe drinking water to 3 million individuals in developing nations by 2015.
On the basis of above analysis, it could be figured out that the business has taken numerous actions towards human and environmental sustainability. However these actions are still not enough to achieve the desired commercial development and to lower the criticism over the social duty of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help.
Specific long term tactical alternatives might be derived for the company on the basis of above analysis. These options can be examined on the basis of the truth that how the alternative would enable the business to attain its goal of potential development and decrease the criticism over the company. The alternatives could be evaluated on the basis of the time frame that would be taken by an alternative to be carried out along with the expense and dangers related to the option
Alternative-1: intro of a New Product line Connected to Healthy Foods and Beverages
The initial step that Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help could take is to introduce a new line of product connected to healthy food and drinks. Although, the company has actually currently presented particular heath related brand names, but, the variety of these brand names in its portfolio is not possible to decrease the criticism and accomplish possible growth. The company needs to introduce a broad variety of much healthier products by using its significant research and development expenditures. The advantages and disadvantages related to the intro of a healthy product line in the portfolio are provided below:
• Capability to target a great deal of consumers i.e. health conscious customers.
• Decrease of the criticism of environmental worried societies and neighborhood advancement companies.
• Fulfillment of the social duty by payment of the harmful products with healthy items.
• Might be carried out within couple of 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 not accept the healthier items due to the addictive nature of hazardous items.
• The dangerous items in the product portfolio may make the incorporation of healthy products fail to minimize criticism.
• Huge expense of research study and development needed to develop brand-new healthy items.
Alternative-2: High level Acquisition of Health associated Companies
Another alternative choice to accomplish the possible development and decrease the criticism is to acquire the health associated business at a high level. Investment in these type of companies would allow Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Help to present a big variety of much healthier items within a brief time period without any requirement of significant research study and advancement expenditures. The advantages and disadvantages connected to alternative 3 are offered below:
• Conserving of substantial quantity of research study and development costs for brand-new item advancement.
• Incorporation of brand-new products within 2 years.
• Capability to target large number of customers i.e. health mindful customers.
• Decrease of the criticism of ecological concerned societies and neighborhood development organizations.
• Satisfaction of the social duty by payment of the harmful products with healthy items.
• The acquisition might not show to alter the image of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis as in case of Quaker Oats.
• Requirement of big amount of capital.
• Danger of failure of the brand-new products in the market i.e. consumers might not like the taste and may not accept the healthier products due to the addictive nature of harmful items.
• The hazardous products in the product portfolio might make the incorporation of healthy products fail to minimize criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Analysis is to change all of its hazardous products with much healthier products. This could be a big shift in the business method and business model at company. The replacement of hazardous products with much healthier items would totally change the market position of the business and would need a large number of required steps to be taken. The benefits and drawbacks related to alternative 3 are provided listed below:
• Change of market position of Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship Case Study Solution
• Capability to target a great deal of consumers i.e. health conscious customers.
• End of all of the criticism of ecological worried societies and neighborhood development companies.
• Fulfillment of the social duty
• Threat of failure of the new items in the market i.e. consumers might not like the taste and might decline the healthier items due to the addictive nature of dangerous items.
• Huge expense of research study and advancement needed to develop new healthy items.
• Employee might withstand over the change in the business model and business technique.
• Number of years required for the implementation.
• Shift of focus from the core proficiencies.
With the deep analysis of the company's CSR, concerns faced by the company and the current industry circumstance, Case Study Help is recommended to think about alternative 2 of high level of acquisition of health related companies. As the acquisitions would allow the business to conserve of substantial amount of research study and advancement costs for brand-new item development. Along with it, acquisitions would permit incorporation of new products within 2 years along with the ability to target large number of customers.
This Hong Kong Business Intermediary The Dynamic Of Innovative Entrepreneurship case study is writen by : Ali Farhoomand
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