Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Help

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Issues Facing Smes In Hong Kong A Conceptual Framework Case Solution

Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Solution is a well-known name of a New York based, world's leading company in the food and beverage market. Case Study Analysis is a leading brand name in hassle-free snacks, foods and beverages with its existence in about 200 nations. Significant brands of the company include; Pepsi-Cola, Frito-Lay, Tropicana, Quaker and Gatorade. The core competitive advantage of the business is its capability to market the product at far and wide places. The business is doing efforts to make product advancement as its new source of competitive benefit.

The report contains a deep analysis of numerous aspects of the social responsibilities of significant business in the food and drink industry in general, and Case Solution in particular. It likewise provides an analysis of the growing health and environmental problems consisting of weight problems, heart problem, ecological devastation etc. in the Western nations and the role of the companies in the food and drink market to resolve these concerns. The report likewise provides an examination of the level of sustainability and CSR in the Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Analysis's organisation technique along with the determination of how Case Study Help creates value for its consumers. The report also offers certain strategic alternatives for business to incorporate the criticism over its social duty with particular suggestions and an execution strategy.

Problems Identification

Case Study Solution had taken particular essential steps regarding the environmental effects of its items, however, these actions are not enough to end up the criticism over the business's duty towards social and ecological issues. This is required to take particular tactical actions to alter the market position of its particular well-known brands and present Case Study Help as a company producing healthy items in the market. In this regard, business and other food and drink business need to use their power to shift the customer taste towards much healthier items to remove the restraints in the development of food industry.

Critical Analysis

The shift from the use of natural food to made food has actually highly affected the health of the consumers. All of the data related to the health issues with the incorporation of manufactured food in the market describe the prevalence of the health problems related to food system. These problems are indirectly the result of different practices of the food and beverage business for creating worth for their customers.

Worth Creation at Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Solution

Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Analysis being a giant business in the food and drink industry, offers high worth to its clients by various ways. Case Study Solution has a competitive advantage in offering its items far and broad worldwide. The company is presented in about 200 countries with a large number of popular international brands.

The business develops worth for its consumers by methods of supplying large number of tasty food products including salt, fat and sugar, which are the active ingredients that are straight linked with the emotional core of the customer's brain. The Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Analysis together with other giant food and drinks business produce worth for its consumers by controling these components in its products. Case Study Solution together with other giant companies is interested in discovering ways to increase the customer value from its items through exploiting the vulnerability.

In addition to it, the business likewise develops worth by ways of integrating the healthy point in its items. The company has done specific efforts in order to offer healthy products and minimize the share of Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Analysis in total ecological devastation. Case Study Help has actually taken specific steps related to the sustainability of individuals and environment including the 2009 statement of the ambitious goals and commitments connected to Case Study Analysis items, marketplace and the neighborhood.

All of these methods have been effective at creating worth for the Case Study Analysis consumers. Increasing health associated concerns have actually raised the criticism for Case Study Help.

Constructive Function of Significant Food and Drink Business in Dealing With Social and Ecological Expenses Connected With the Market

Undoubtedly, significant food and drink business including company, etc. can play a constructive function in addressing social and environmental costs connected with the market. The ecological expenses connected to food and beverage industry include the ecological destruction due to the increase of nitrogen which has actually resulted in the minimized water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors results in environmental devastation which could be a huge danger to the presence of mankind in future.

Significant cause of these environmental modifications is mass usage of nitrogen abundant fertilizers and the components by the food and drink business. Therefore, food and drink companies must play an useful role in dealing with these concerns to eliminate their development restrictions associated with the criticism from the environmental neighborhoods.

The business need to prevent use of nitrogen fertilizers and ought to search out the items of those farmers that do not use fertilizers for their crop. The companies could utilize sustainable energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich products.

In addition to the environmental expenses there are specific social expenses related to the food and drink market which should be addressed by the huge food and beverage business to achieve the industry development and to avoid the criticism from the environmental communities. Social costs associated with the industry includes the increasing health problems associated with weight problems, cardiovascular disease, diabetes etc. The huge companies might play a positive function in addressing these problems.

The companies could move towards more healthy products by minimizing the amount of toxic substances in their processed foods i.e. dioxin, which could lead to lethal human diseases. In addition to it, the companies should use more healthy components rather than derivatives of Corn and Soy to increase variety of calories from their products. The companies might likewise do efforts to shift consumer tastes towards healthy products as they have controlled the consumer taste for few years. In this way the huge food and drink business could play an useful function in addressing social and ecological costs associated with the market.

Examination of Sustainability at Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Solution

There was a possible shift in the business technique and goals at Case Study Analysis. The brand-new CEO was focused on buying healthier products for attaining sustainable growth for the company in addition to supplying much healthier future for the people and the world both. Under the new vision, the slogan of the company was likewise changed from the "fun for you" to "better for you".

Human Sustainability

The company announced particular goals and commitments connected to human sustainability and the environmental sustainability. Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Help got Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and organic drinks to introduce various healthier items in its portfolio. Despite of being considered a Case Study Analysis's healthy brand, the products of Quaker Oats contained numerous components which were hazardous to health. These hazardous ingredients were not marketed which have actually become the base for criticism over the healthy brand names of Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Solution.

Along with the inculcation of healthy brand names in its portfolio through acquisitions, Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Analysis has taken particular sustainability actions for its market locations. Among major examples in this regard is the Business's marketing strategy associated to schools. The business markets only low calories and healthy beverages choices in schools.

Another step taken by Case Study Help towards human sustainability is the shift of its focus towards research and development for presenting new and healthy products in its portfolio. The company has increased its research and development budget plan and has introduced an army of health researchers to develop particular healthy products.

Environmental Sustainability

Together with the human sustainability, Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Help has taken numerous steps towards environmental sustainability. The business has devoted to different goals connected to water, land, product packaging, environment modification and neighborhood. In this regard, the business dedicated to minimize its product packaging by millions of tones to avoid high amount of wastages. Moreover, the company has committed to lower greenhouse gas emissions along with the accomplishment of effectiveness in the energy use. company has likewise attempted particular humanitarian activities including a commitment to provide safe drinking water to 3 million individuals in developing nations by 2015.

On the basis of above analysis, it might be identified that the business has actually taken numerous actions towards human and environmental sustainability. However these steps are still not adequate to achieve the desired industrial development and to lower the criticism over the social obligation of Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Solution.

Alternatives

Specific long term tactical options might be derived 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 allow the company to attain its objective of potential development and minimize the criticism over the business. The alternatives could be assessed on the basis of the time frame that would be taken by an option to be executed along with the expense and risks related to the option

Alternative-1: introduction of a New Line of product Connected to Healthy Foods and Beverages

The first action that Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Help might take is to introduce a brand-new product line related to healthy food and beverages. The business must introduce a wide range of much healthier items by using its considerable research study and development expenditures.

Pros:

• Capability to target large number of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological worried societies and neighborhood advancement companies.
• Satisfaction of the social obligation by settlement of the harmful products with healthy items.
• Could be implemented within couple of years i.e. 3 to 5 years.

Cons:

• Danger of failure of the new items in the market i.e. customers may not like the taste and may decline the much healthier items due to the addicting nature of harmful products.
• The hazardous items in the item portfolio may make the incorporation of healthy products fail to decrease criticism.
• Big cost of research study and development required to build brand-new healthy items.

Alternative-2: High level Acquisition of Health related Companies

Another alternative option to achieve the possible growth and minimize the criticism is to acquire the health related companies at a high level. Financial investment in these type of business would allow Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Analysis to present a big range of healthier products within a brief time duration with no requirement of considerable research study and development expenditures. The pros and cons related to alternative 3 are given listed below:

Pros:

• Conserving of substantial quantity of research study and advancement expenses for new product development.
• Incorporation of new items within two years.
• Capability to target a great deal of consumers i.e. health mindful customers.
• Decrease of the criticism of environmental concerned societies and community advancement companies.
• Fulfillment of the social obligation by payment of the dangerous items with healthy products.

Cons:

• The acquisition may not show to alter the image of Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Solution as in case of Quaker Oats.
• Requirement of substantial amount of capital.
• Threat of failure of the new items in the market i.e. consumers may not like the taste and might decline the healthier items due to the addictive nature of hazardous products.
• The harmful products in the product portfolio might make the incorporation of healthy products stop working to lower criticism.

Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio

Another alternative option for Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Help is to change all of its harmful items with much healthier products. This could be a big shift in the business technique and the business design at business. The replacement of dangerous items with much healthier items would entirely alter the marketplace position of the company and would need a large number of necessary actions to be taken. The advantages and disadvantages associated with alternative 3 are provided below:

Pros:

• Modification of market position of Issues Facing Smes In Hong Kong A Conceptual Framework Case Study Help
• Capability to target a great deal of customers i.e. health conscious consumers.
• End of all of the criticism of ecological worried societies and community advancement companies.
• Fulfillment of the social duty

Cons:

• 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 addicting nature of harmful items.
• Huge expense of research study and advancement needed to construct brand-new healthy products.
• Employee may withstand over the change in the business design and service strategy.
• Variety of years needed for the implementation.
• Shift of focus from the core competencies.

Recommendations

With the deep analysis of the business's CSR, concerns dealt with by the company and the current industry scenario, Case Study Help is suggested to consider alternative 2 of high level of acquisition of health related companies. As the acquisitions would make it possible for the company to conserve of huge amount of research study and development costs for brand-new product advancement. Along with it, acquisitions would allow incorporation of brand-new items within two years along with the ability to target big number of consumers.

This Issues Facing Smes In Hong Kong A Conceptual Framework case study is writen by : Ali Farhoomand

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