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 Help is a well-known name of a New York based, world's leading company in the food and drink industry. company is a leading brand name in convenient snacks, foods and beverages with its existence in about 200 countries.
The report contains a deep analysis of different aspects of the social obligations of significant companies in the food and drink market in basic, and business in specific. The report also offers an evaluation of the level of sustainability and CSR in the Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis's service strategy along with the determination of how Case Study Help creates value for its customers.
The huge food and beverage business was going through a criticism over its obligation towards various social and eco-friendly issues consisting of; weight problems, heart problem, ecological destruction and so on. These criticisms lead, to reconsider about the corporate strategy 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 overall society, the way of life of people and individuals at whole have actually been altered now. In this scenario with increasing trends towards much healthier products and the increasing ecological issues, Case Study Solution must alter its direction towards healthier items. Although, Case Study Solution had taken particular important steps regarding the environmental impacts of its products, but, these steps are not enough to end up the criticism over the company's obligation towards social and ecological concerns. The needed to take specific strategic steps to alter the market position of its certain well-known brand names and present Online Case Study Solution as a company producing healthy products in the market. In this regard, Case Study Help and other food and beverage companies should use their power to move the consumer taste towards much healthier products to get rid of the restraints in the growth of food industry.
The shift from the usage of natural food to made food has extremely affected the health of the customers. All of the data related to the health concerns with the incorporation of produced food in the market explain the occurrence of the health issues related to food system. These problems are indirectly the result of various practices of the food and beverage companies for creating value for their customers.
Worth 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 Help being a giant business in the food and drink market, supplies high value to its consumers by numerous means. Case Study Analysis has a competitive advantage in offering its products far and broad worldwide. The business is provided in about 200 countries with a large number of famous global brands.
Furthermore, the business produces worth for its consumers by means of offering large number of yummy food including salt, fat and sugar, which are the active 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 Analysis along with other giant food and drinks business produce worth for its consumers by controling these components in its products. Case Study Help together with other giant companies has an interest in finding methods to increase the consumer value from its products through making use of the vulnerability.
In addition to it, the company also produces value by means of incorporating the healthy point in its items. The company has actually done specific efforts in order to provide healthy items and lower the share of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help in general ecological destruction. Case Study Solution has taken certain actions associated with the sustainability of people and environment consisting of the 2009 statement of the enthusiastic goals and commitments connected to Case Study Analysis products, market and the neighborhood.
All of these means have been successful at developing worth for the company customers. These ways have also lead to the increased environmental issues and the criticism over the company's role in increasing health and environmental difficulties. The incorporation of ingredients like salt, fat and sugar in the business products for developing consumer value faces high amount of criticism. These ingredients are the main cause of particular fatal illness in human including weight problems, diabetes, cardiovascular disease etc. Increasing health related problems have actually raised the criticism for Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis.
Positive Function of Significant Food and Beverage Companies in Attending To Social and Ecological Costs Associated 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 etc. can play an useful function in addressing social and eco-friendly costs associated with the industry. The ecological expenses connected to food and drink market include the environmental destruction due to the influx of nitrogen which has resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors leads to ecological destruction which might be a big threat to the presence of mankind in future.
Significant reason for these ecological modifications is mass use of nitrogen abundant fertilizers and the ingredients by the food and beverage business. Food and beverage business should play a constructive role in dealing with these problems to remove their growth constraints related to the criticism from the ecological communities.
In order to attend to these concerns, the business could either lower their usage of nitrogen abundant components or take particular actions to minimize the amount of nitrogen in the general environment. The companies must avoid usage of nitrogen fertilizers and must search out the items of those farmers that do not use fertilizers for their crop. Moreover, the companies might likewise buy decreasing greenhouse gas emissions worldwide. For instance, the companies might use renewable energy sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich items.
In addition to the environmental expenses there are specific social costs associated with the food and drink market which must be attended to by the huge food and drink companies to achieve the industry growth and to avoid the criticism from the ecological communities. Social costs associated with the industry includes the increasing health concerns connected to obesity, cardiovascular disease, diabetes and so on. The giant business could play an useful role in addressing these issues.
The companies could move towards more healthy items by lowering the amount of toxic compounds in their processed foods i.e. dioxin, which might result in deadly human diseases. In addition to it, the companies need to utilize more healthy active ingredients rather than derivatives of Corn and Soy to increase number of calories from their products. The business could likewise do efforts to move customer tastes towards healthy products as they have actually controlled the customer taste for few years. In this method the huge food and beverage companies might play a constructive role in addressing social and eco-friendly expenses connected to the industry.
Evaluation of Sustainability at Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Analysis
There was a prospective shift in the business method and goals at Case Study Analysis. The brand-new CEO was focused on investing in healthier products for accomplishing sustainable development for the business in addition to offering much healthier future for individuals and the planet both. Under the brand-new vision, the slogan of the business was also changed from the "enjoyable for you" to "better for you".
The company announced specific objectives and commitments related to human sustainability and the ecological sustainability. Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution got Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy drinks and organic drinks to present numerous healthier items in its portfolio. Despite of being considered a Case Study Help's healthy brand, the products of Quaker Oats consisted of numerous ingredients which were harmful to health. These harmful active ingredients were not promoted which have ended up being the base for criticism over the healthy brand names of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution.
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 specific sustainability steps for its market locations. Among significant examples in this regard is the Business's marketing technique related to schools. The business markets just low calories and nutritious drinks choices in schools.
Another action taken by Case Study Help towards human sustainability is the shift of its focus towards research and development for introducing brand-new and healthy items in its portfolio. The business has actually increased its research and advancement spending plan and has introduced an army of health researchers to create specific healthy products.
In this regard, the company committed to decrease its product packaging by millions of tones to avoid high quantity of wastages. The company has actually devoted to lower greenhouse gas emissions along with the achievement of performance in the energy usage.
On the basis of above analysis, it might be figured out that the business has actually taken several actions towards human and environmental sustainability. These actions are still not enough to accomplish the wanted commercial development and to minimize the criticism over the social duty of Case Study Solution.
Specific long term strategic options might be obtained for the company on the basis of above analysis. These alternatives can be examined on the basis of the reality that how the option would enable the company to accomplish its goal of possible development and decrease the criticism over the business. Moreover, the options could be evaluated on the basis of the time frame that would be taken by an option to be executed along with the expense and dangers connected to the alternative
Alternative-1: introduction of a New Line of product Related to Healthy Foods and Beverages
The first step that Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Solution might take is to present a brand-new item line related to healthy food and drinks. The business must present a broad variety of healthier items by utilizing its significant research study and advancement expenses.
• Capability to target large number of customers i.e. health mindful customers.
• Decrease of the criticism of environmental worried societies and neighborhood development organizations.
• Fulfillment of the social obligation by compensation of the dangerous products with healthy products.
• Might be executed within couple of years i.e. 3 to 5 years.
• Risk of failure of the new products in the market i.e. customers may not like the taste and may not accept the healthier items due to the addictive nature of dangerous items.
• The hazardous products in the product portfolio might make the incorporation of healthy products stop working to decrease criticism.
• Big expense of research and advancement needed to construct brand-new healthy items.
Alternative-2: High level Acquisition of Health related Companies
Another alternative choice to accomplish the possible growth and minimize the criticism is to acquire the health associated business at a high level. Financial investment in these kind of companies would enable Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help to introduce a large range of healthier items within a short time period with no requirement of considerable research and development expenses. The pros and cons connected to alternative 3 are given below:
• Saving of huge quantity of research study and development costs for brand-new product development.
• Incorporation of brand-new products within 2 years.
• Capability to target large number of consumers i.e. health mindful consumers.
• Reduction of the criticism of ecological concerned societies and community advancement companies.
• Satisfaction of the social responsibility by settlement of the harmful items with healthy products.
• The acquisition may not prove to change the image of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help as in case of Quaker Oats.
• Requirement of huge quantity of capital.
• Danger of failure of the brand-new items in the market i.e. consumers might not like the taste and may not accept the healthier products due to the addictive nature of dangerous products.
• The harmful products in the item portfolio might make the incorporation of healthy items stop working to decrease 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 items with healthier products. The replacement of hazardous items with much healthier items would totally alter the market position of the business and would require a large number of needed steps to be taken.
• Change of market position of Hong Kong Economic Times Group Diversification And Differentiation Case Study And Video Boxed Set Case Study Help
• Capability to target a great deal of consumers i.e. health mindful customers.
• End of all of the criticism of environmental worried societies and neighborhood advancement companies.
• Fulfillment of the social obligation
• Risk of failure of the brand-new products in the market i.e. consumers may not like the taste and may not accept the much healthier items due to the addictive nature of harmful items.
• Huge cost of research and advancement needed to develop new healthy items.
• Worker might resist over the change in business model and organisation strategy.
• Number of years required for the application.
• Shift of focus from the core proficiencies.
With the deep analysis of the business's CSR, problems dealt with by the business and the present market situation, Case Study Analysis is suggested to consider alternative 2 of high level of acquisition of health related business. As the acquisitions would make it possible for the company to save of big amount of research and advancement expenses for brand-new item development. Along with it, acquisitions would allow incorporation of new items within two years along with the capability to target big number of consumers.
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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