Mittal Steel Managing Consolidation Case Study Help
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Mittal Steel Managing Consolidation Case Analysis
Mittal Steel Managing Consolidation Case Study Analysis is a widely known name of a New York based, world's leading company in the food and beverage industry. company is a prominent brand in convenient snacks, foods and drinks with its presence in about 200 countries.
The report consists of a deep analysis of different elements of the social duties of significant companies in the food and drink industry in basic, and business in specific. The report likewise provides an evaluation of the degree of sustainability and CSR in the Mittal Steel Managing Consolidation Case Study Solution's business strategy along with the decision of how Case Study Analysis develops value for its consumers.
Problems Recognition
The huge food and beverage company was going through a criticism over its duty towards various social and eco-friendly problems including; obesity, cardiovascular disease, environmental devastation and so on. These criticisms lead, to reconsider about the corporate strategy of Mittal Steel Managing Consolidation Case Study Solution. The Ashok Som has actually recognized that the general society, the lifestyle of individuals and individuals at whole have been altered now. In this situation with increasing trends towards healthier products and the increasing ecological concerns, Case Study Solution needs to change its direction towards much healthier products. Although, Case Study Analysis had actually taken particular vital steps regarding the environmental effects of its items, but, these actions are insufficient to end up the criticism over the company's obligation towards social and ecological problems. For that reason, the is needed to take particular strategic steps to change the marketplace position of its certain well-known brand names and present Mittal Steel Managing Consolidation Case Study Analysis as a business producing healthy items in the market. In this regard, Case Study Analysis and other food and beverage companies ought to use their power to shift the customer taste towards healthier products to get rid of the restraints in the development of food industry.
Vital Analysis
For the couple of years, customer food patterns have actually been changed significantly. The shift from the use of healthy food to produced food has actually extremely affected the health of the consumers. Despite of the discovery of modern-day health techniques, the general health of individuals in few decades have actually been highly affected. Currently about 1 billion of the people In United States are overweight and at least 300 million of them have weight problems. Kids also dealing with the issue of obesity. The ratios of obesity in 1980s are quite different from the current ratios. Despite of discovery of health techniques and modern methods to manage obesity and other illness, the ratio of weight problems has been doubled form the level of 1980. All of the data connected to the health issues with the incorporation of produced food in the market explain the prevalence of the health problems associated with food system. These problems are indirectly the outcome of various practices of the food and beverage business for developing worth for their customers.
Value Production at Mittal Steel Managing Consolidation Case Study Analysis
Mittal Steel Managing Consolidation Case Study Analysis being a giant company in the food and beverage industry, supplies high worth to its clients by numerous means. Worth production in the food and drink market is done through two ways i.e. taste and availability of the item. Case Study Analysis has a competitive benefit in providing its items everywhere internationally. Its marketing capability makes it able to target a big base of consumers. The company is presented in about 200 nations with a large number of popular worldwide brands. The everywhere presence of the business items offers high value to consumers.
The business creates value for its consumers by ways of offering large number of delicious food products consisting of salt, fat and sugar, which are the active ingredients that are straight linked with the emotional core of the customer's brain. The Mittal Steel Managing Consolidation Case Study Solution along with other huge food and beverages business create worth for its customers by controling these components in its products. Case Study Solution together with other giant companies is interested in finding ways to increase the customer worth from its items through exploiting the vulnerability.
In addition to it, the business likewise develops value by methods of including the healthy point in its items. The business has done specific efforts in order to supply healthy items and minimize the share of Mittal Steel Managing Consolidation Case Study Solution in overall environmental destruction. Case Study Help has taken specific actions related to the sustainability of people and environment consisting of the 2009 statement of the ambitious goals and dedications related to Case Study Help items, market and the community.
All of these ways have actually been successful at creating worth for the business customers. These means have also lead to the increased ecological concerns and the criticism over the company's function in increasing health and ecological obstacles. The incorporation of active ingredients like salt, fat and sugar in the business products for producing customer worth deals with high amount of criticism. These components are the main reason for certain fatal illness in human consisting of weight problems, diabetes, heart problem etc. Increasing health associated issues have raised the criticism for Mittal Steel Managing Consolidation Case Study Help.
Constructive Function of Major Food and Drink Business in Addressing Social and Ecological Expenses Associated with the Industry
Certainly, significant food and drink companies including business, etc. can play a constructive function in resolving social and eco-friendly costs related to the market. The environmental costs related to food and drink industry consist of the ecological devastation due to the increase of nitrogen which has actually resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors results in environmental destruction which might be a huge danger to the presence of mankind in future.
Major cause of these ecological changes is mass use of nitrogen abundant fertilizers and the ingredients by the food and drink companies. Food and beverage companies need to play an useful role in attending to these issues to remove their development constraints related to the criticism from the environmental neighborhoods.
In order to resolve these issues, the business might either minimize their usage of nitrogen rich active ingredients or take certain actions to lower the quantity of nitrogen in the overall environment. The business need to avoid usage of nitrogen fertilizers and need to seek the items of those farmers that do not use fertilizers for their crop. Furthermore, the business could likewise buy lowering greenhouse gas emissions worldwide. The companies might use sustainable energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich items.
In addition to the environmental costs there are particular social costs connected with the food and drink market which need to be resolved by the giant food and drink companies to achieve the market growth and to prevent the criticism from the ecological neighborhoods. Social expenses related to the market consists of the increasing health concerns associated with obesity, cardiovascular disease, diabetes etc. The giant business could play a positive role in attending to these concerns.
The business might move towards more healthy items by lowering the quantity of hazardous substances in their processed foods i.e. dioxin, which could result in deadly human diseases. The business might also do efforts to shift consumer tastes towards healthy items as they have actually managed the customer taste for few years.
Assessment of Sustainability at Mittal Steel Managing Consolidation Case Study Solution
There was a potential shift in the business strategy and goals at Case Study Help. The brand-new CEO was focused on investing in much healthier items for attaining sustainable development for the company in addition to offering healthier future for individuals and the planet both. Under the new vision, the motto of the business was also altered from the "enjoyable for you" to "much better for you".
Human Sustainability
company acquired Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy drinks and organic beverages to present different healthier items in its portfolio. Despite of being considered a Case Solution's healthy brand, 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, Mittal Steel Managing Consolidation Case Study Help has actually taken specific sustainability actions for its market places. One of major examples in this regard is the Company's marketing technique associated to schools. The business markets just low calories and nutritious drinks choices in schools.
Another step taken by Case Study Analysis towards human sustainability is the shift of its focus towards research study and advancement for presenting brand-new and healthy products in its portfolio. The company has actually increased its research study and development budget and has introduced an army of health researchers to develop particular healthy products.
Ecological Sustainability
In addition to the human sustainability, Mittal Steel Managing Consolidation Case Study Solution has taken several actions towards environmental sustainability. The business has actually devoted to various objectives related to water, land, product packaging, environment modification and community. In this regard, the company committed to lower its product packaging by millions of tones to prevent high amount of wastes. The business has actually dedicated to reduce greenhouse gas emissions along with the achievement of efficiency in the energy use. business has likewise attempted specific philanthropic activities consisting of a commitment to provide safe drinking water to 3 million individuals in developing countries by 2015.
On the basis of above analysis, it might be determined that the company has actually taken several actions towards human and environmental sustainability. Nevertheless these actions are still not sufficient to attain the wanted commercial growth and to reduce the criticism over the social duty of Mittal Steel Managing Consolidation Case Study Analysis.
Alternatives
Particular long term strategic options could be derived for the business on the basis of above analysis. These alternatives can be examined on the basis of the fact that how the alternative would make it possible for the company to achieve its objective of prospective growth and decrease the criticism over the business. The alternatives could be examined on the basis of the time frame that would be taken by an alternative to be executed along with the cost and threats related to the alternative
Alternative-1: intro of a New Product line Associated with Healthy Foods and Beverages
The initial step that Mittal Steel Managing Consolidation Case Study Help could take is to present a brand-new product line related to healthy food and beverages. Although, the business has actually currently introduced specific heath related brands, but, the variety of these brand names in its portfolio is not possible to minimize the criticism and attain prospective development. The business should present a broad range of healthier products by utilizing its substantial research study and advancement expenses. The benefits and drawbacks related to the intro of a healthy product line in the portfolio are provided listed below:
Pros:
• Capability to target a great deal of consumers i.e. health mindful consumers.
• Reduction of the criticism of environmental concerned societies and neighborhood advancement organizations.
• Fulfillment of the social obligation by settlement of the hazardous items with healthy products.
• Could be implemented within couple of years i.e. 3 to 5 years.
Cons:
• 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 addicting nature of hazardous items.
• The hazardous products in the item portfolio might make the incorporation of healthy items fail to reduce criticism.
• Huge cost of research and advancement required to construct brand-new healthy products.
Alternative-2: High level Acquisition of Health associated Business
Another alternative choice to accomplish the prospective development and lower the criticism is to acquire the health associated business at a high level. Investment in these kind of companies would enable Mittal Steel Managing Consolidation Case Study Analysis to introduce a large range of healthier products within a short time period with no need of significant research study and advancement expenses. The advantages and disadvantages related to alternative 3 are given listed below:
Pros:
• Saving of substantial amount of research and advancement expenses for new item development.
• Incorporation of brand-new products within two years.
• Ability to target large number of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological worried societies and neighborhood advancement organizations.
• Satisfaction of the social obligation by settlement of the harmful items with healthy items.
Cons:
• The acquisition may not show to change the image of Mittal Steel Managing Consolidation Case Study Solution as in case of Quake Oats.
• Requirement of big quantity of capital.
• Danger of failure of the brand-new products in the market i.e. consumers might not like the taste and may decline the much healthier items due to the addictive nature of dangerous products.
• The dangerous products in the product portfolio might make the incorporation of healthy items fail to decrease criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Mittal Steel Managing Consolidation Case Study Help is to replace all of its hazardous items with much healthier items. The replacement of dangerous items with healthier items would completely change the market position of the company and would need a big number of necessary actions to be taken.
Pros:
• Change of market position of Mittal Steel Managing Consolidation Case Study Help
• Ability to target large number of consumers i.e. health conscious customers.
• End of all of the criticism of ecological concerned societies and community advancement companies.
• Satisfaction of the social duty
Cons:
• Risk of failure of the brand-new items in the market i.e. consumers might not like the taste and may decline the healthier items due to the addicting nature of harmful products.
• Substantial expense of research and advancement needed to construct new healthy items.
• Staff member might withstand over the change in business design and business method.
• Number of years required for the implementation.
• Shift of focus from the core proficiencies.
Recommendations
With the deep analysis of the business's CSR, issues dealt with by the company and the existing industry situation, Mittal Steel Managing Consolidation Case Study Help is suggested to consider alternative 2 of high level of acquisition of health associated business. As the acquisitions would allow the business to conserve of huge amount of research study and advancement costs for brand-new item advancement. Together with it, acquisitions would permit incorporation of new products within two years along with the capability to target large number of customers. The acquisitions would result in the reduction of the criticism from the concerned organizations.However, the alternative would require substantial amount of investment funds. The companies might not be able to lower the criticism. With a cautious analysis of the acquisition with an aggressive marketing campaigns, company might show to be successful in achieving the targets.
This Mittal Steel Managing Consolidation case study is writen by : Ashok Som
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