Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis
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Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Analysis
Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution is a well-known name of a New York based, world's leading company in the food and beverage market. company is a prominent brand in hassle-free treats, foods and beverages with its presence in about 200 countries.
The report consists of a deep analysis of different aspects of the social responsibilities of significant business in the food and drink market in basic, and Case Analysis in particular. It likewise offers an analysis of the growing health and ecological problems consisting of weight problems, cardiovascular disease, ecological devastation and so on in the Western nations and the function of the business in the food and drink market to attend to these issues. The report also provides an assessment of the degree of sustainability and CSR in the Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution's business technique in addition to the determination of how Case Study Solution creates value for its consumers. The report likewise supplies specific strategic options for business to include the criticism over its social obligation with specific recommendations and an execution strategy.
The giant food and beverage company was going through a criticism over its obligation towards numerous social and ecological issues including; obesity, heart diseases, environmental devastation etc. These criticisms lead, to reconsider about the business technique of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis. The Ali Farhoomand has actually understood that the general society, the way of life of people and the people at whole have actually been changed now. In this scenario with increasing trends towards healthier items and the increasing ecological issues, Case Study Solution ought to change its direction towards healthier items. business had actually taken particular essential steps relating to the environmental effects of its products, but, these actions are not enough to end up the criticism over the business's duty towards social and eco-friendly issues. Therefore, the is required to take particular strategic actions to alter the marketplace position of its particular popular brands and present Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution as a company producing healthy items in the market. In this regard, Case Study Help and other food and drink business should use their power to move the consumer taste towards much healthier items to remove the restrictions in the development of food market.
For the few decades, consumer food patterns have actually been changed considerably. The shift from the use of natural food to made food has extremely impacted the health of the customers. Despite of the discovery of modern health strategies, the total health of individuals in few decades have actually been extremely affected. Currently about 1 billion of individuals In United States are obese and at least 300 countless them have weight problems. Kids likewise dealing with the problem of obesity. The ratios of obesity in 1980s are quite various from the present ratios. Despite of discovery of health techniques and modern-day ways to control obesity and other illness, the ratio of obesity has actually been doubled form the level of 1980. All of the information connected to the health problems with the incorporation of produced food in the market describe the occurrence of the health problems connected to food system. These issues are indirectly the result of various practices of the food and beverage business for creating worth for their consumers.
Value Creation at Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis
Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis being a giant business in the food and beverage industry, provides high worth to its clients by numerous ways. Value creation in the food and drink market is done through two methods i.e. taste and schedule of the product. Case Study Solution has a competitive advantage in offering its items far and wide worldwide. Its marketing ability makes it able to target a big base of consumers. The company exists in about 200 nations with a a great deal of well-known worldwide brands. The far and wide presence of the business products provides high value to consumers.
The business develops value for its customers by ways of offering large number of delicious food products including salt, fat and sugar, which are the ingredients that are straight connected with the emotional core of the customer's brain. The Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help in addition to other huge food and drinks companies create worth for its consumers by controling these ingredients in its products. Case Study Help along with other giant companies has an interest in discovering ways to increase the customer value from its products through exploiting the vulnerability.
Together with it, the business also develops worth by means of incorporating the healthy point in its products. The business has done specific efforts in order to supply healthy items and minimize the share of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution in general ecological destruction. Case Study Help has taken specific actions associated with the sustainability of people and environment consisting of the 2009 announcement of the ambitious objectives and dedications associated with Case Study Help products, marketplace and the community.
All of these ways have actually been successful at creating value for the company consumers. These means have also lead to the increased environmental concerns and the criticism over the business's role in increasing health and environmental challenges. The incorporation of ingredients like salt, fat and sugar in the company items for creating customer value faces high quantity of criticism. These active ingredients are the primary cause of certain deadly illness in human consisting of weight problems, diabetes, heart problem etc. Increasing health related problems have raised the criticism for Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution.
Useful Role of Major Food and Drink Business in Resolving Social and Ecological Costs Connected With the Industry
Major food and beverage companies consisting of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis and so on can play a positive function in dealing with social and environmental expenses associated with the industry. The ecological costs associated with food and beverage market include the ecological devastation due to the increase of nitrogen which has resulted in the reduced water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors leads to ecological devastation which could be a huge danger to the presence of humankind in future.
Significant reason for these environmental changes is mass usage of nitrogen rich fertilizers and the components by the food and drink companies. Therefore, food and beverage business ought to play a positive role in addressing these problems to remove their growth restraints connected to the criticism from the environmental neighborhoods.
In order to address these concerns, the business might either decrease their usage of nitrogen rich active ingredients or take certain steps to reduce the quantity of nitrogen in the general environment. The companies need to prevent use of nitrogen fertilizers and must search out the items of those farmers that do not use fertilizers for their crop. Moreover, the business might likewise purchase reducing greenhouse gas emissions worldwide. For example, the companies could use renewable resource sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich products.
Together with the environmental costs there are certain social costs related to the food and drink market which need to be addressed by the huge food and beverage companies to accomplish the industry growth and to prevent the criticism from the ecological communities. Social costs associated with the industry consists of the increasing health concerns associated with weight problems, cardiovascular disease, diabetes and so on. However, the giant business might play a positive function in resolving these issues.
The business might move towards more healthy products by lowering the amount of toxic substances in their processed foods i.e. dioxin, which could result in lethal human diseases. The business might likewise do efforts to move consumer tastes towards healthy products as they have managed the consumer taste for few decades.
Evaluation of Sustainability at Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help
There was a potential shift in the business technique and objectives at Case Study Analysis. The new CEO was concentrated on purchasing much healthier products for accomplishing sustainable growth for the business along with providing healthier future for the people and the planet both. Under the new vision, the slogan of the company was also changed from the "fun for you" to "much better for you".
business got Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy drinks and natural drinks to present numerous much healthier items in its portfolio. Despite of being thought about a Case Solution's healthy brand name, the products of Quake Oats consisted of several components which were harmful to health.
In addition to the inculcation of healthy brands in its portfolio through acquisitions, Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help has actually taken particular sustainability steps for its market places. One of significant examples in this regard is the Company's marketing method related to schools. The company markets just low calories and nutritious drinks choices 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 company has increased its research study and development budget plan and has actually introduced an army of health scientists to create particular healthy items.
In this regard, the business committed to reduce its packaging by millions of tones to avoid high quantity of wastes. The company has actually committed to decrease greenhouse gas emissions along with the achievement of effectiveness in the energy usage.
On the basis of above analysis, it could be figured out that the business has actually taken numerous actions towards human and environmental sustainability. These actions are still not sufficient to attain the preferred commercial development and to decrease the criticism over the social responsibility of Case Study Analysis.
Certain long term tactical options might be obtained for the business on the basis of above analysis. These options can be assessed on the basis of the reality that how the alternative would allow the business to attain its goal of potential development and reduce the criticism over the business. The options could be evaluated on the basis of the time frame that would be taken by an option to be implemented along with the expense and threats related to the alternative
Alternative-1: introduction of a New Line of product Connected to Healthy Foods and Beverages
The initial step that Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution could take is to introduce a brand-new product line connected to healthy food and drinks. The business has actually currently presented certain heath related brands, but, the number of these brands in its portfolio is not possible to minimize the criticism and achieve possible growth. Therefore, the business should present a large range of healthier items by utilizing its substantial research study and development expenses. The advantages and disadvantages connected to the intro of a healthy product line in the portfolio are provided below:
• Capability to target large number of consumers i.e. health mindful customers.
• Decrease of the criticism of environmental concerned societies and neighborhood advancement companies.
• Fulfillment of the social obligation by settlement of the hazardous products 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 may decline the much healthier products due to the addicting nature of dangerous products.
• The hazardous products in the item portfolio may make the incorporation of healthy items stop working to minimize criticism.
• Substantial expense of research study and development required to develop new healthy products.
Alternative-2: High level Acquisition of Health related Business
Another alternative choice to attain the potential development and reduce the criticism is to obtain the health related companies at a high level. Financial investment in these kind of business would allow Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help to introduce a large variety of much healthier items within a brief time period with no requirement of substantial research study and development expenditures. The benefits and drawbacks connected to alternative 3 are provided below:
• Conserving of substantial quantity of research and development expenses for new product development.
• Incorporation of brand-new items within 2 years.
• Capability to target a great deal of customers i.e. health mindful consumers.
• Reduction of the criticism of environmental worried societies and neighborhood development companies.
• Satisfaction of the social responsibility by settlement of the hazardous products with healthy products.
• The acquisition might not show to alter the image of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis as in case of Quake Oats.
• Requirement of huge amount of capital.
• Threat of failure of the new items in the market i.e. consumers may 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 product portfolio might make the incorporation of healthy products stop working to minimize criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis is to change all of its dangerous products with healthier items. This could be a huge shift in the business method and the business design at business. The replacement of hazardous items with much healthier items would entirely alter the market position of the company and would require a a great deal of essential steps to be taken. The advantages and disadvantages connected to alternative 3 are given listed below:
• Modification of market position of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help
• Ability to target large number of consumers i.e. health mindful customers.
• End of all of the criticism of ecological worried societies and neighborhood advancement organizations.
• Satisfaction of the social responsibility
• Risk of failure of the new items in the market i.e. consumers might not like the taste and might decline the much healthier items due to the addictive nature of hazardous items.
• Big expense of research and advancement needed to build brand-new healthy items.
• Staff member might withstand over the modification in the business design and business method.
• Variety of years needed for the implementation.
• Shift of focus from the core competencies.
With the deep analysis of the business's CSR, issues faced by the business and the current market situation, Case Study Help is advised to think about alternative 2 of high level of acquisition of health related companies. As the acquisitions would allow the company to conserve of substantial quantity of research and development expenses for new item development. Along with it, acquisitions would allow incorporation of brand-new products within two years along with the ability to target big number of customers.
This Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set case study is writen by : Ali Farhoomand
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