Mittal Steel: Managing Consolidation Case Study Solution
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Mittal Steel: Managing Consolidation Case Analysis
Mittal Steel: Managing Consolidation Case Study Analysis is a popular 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 existence in about 200 countries.
The report consists of a deep analysis of various elements of the social duties of significant companies in the food and beverage industry in basic, and business in specific. The report likewise supplies an evaluation of the degree of sustainability and CSR in the Mittal Steel: Managing Consolidation Case Study Solution's service method along with the determination of how Case Study Analysis produces worth for its customers.
Case Study Solution had actually taken particular crucial steps regarding the environmental impacts of its products, however, these steps are not enough to end up the criticism over the company's obligation towards social and environmental concerns. This is required to take specific strategic steps to change the market position of its specific well-known brand names and present Case Study Solution as a business producing healthy products in the market. In this regard, business and other food and beverage companies should use their power to move the customer taste towards healthier items to eliminate the restrictions in the development of food industry.
For the few years, consumer food patterns have been altered considerably. The shift from making use of natural food to manufactured food has actually highly affected the health of the consumers. Despite of the discovery of modern health techniques, the total health of people in couple of decades have been extremely impacted. Presently about 1 billion of the people In United States are overweight and at least 300 countless them have obesity. Kids likewise dealing with the issue of obesity. The ratios of obesity in 1980s are quite different from the present ratios. Despite of discovery of health techniques and modern ways to control weight problems and other illness, the ratio of obesity has actually been doubled form the level of 1980. All of the data connected to the health problems with the incorporation of manufactured food in the market describe the occurrence of the health concerns related to food system. These problems are indirectly the result of various practices of the food and beverage companies for developing worth for their consumers.
Value Development at Mittal Steel: Managing Consolidation Case Study Help
Mittal Steel: Managing Consolidation Case Study Analysis being a giant company in the food and beverage market, provides high value to its clients by numerous methods. Worth creation in the food and beverage market is done through two ways i.e. taste and schedule of the item. Case Study Analysis has a competitive advantage in offering its items everywhere internationally. Its marketing ability makes it able to target a large base of consumers. The business exists in about 200 nations with a large number of famous global brand names. The far and wide existence of the business items supplies high worth to customers.
Furthermore, the company produces worth for its consumers by means of providing large number of delicious food consisting of salt, fat and sugar, which are the components that are straight connected with the psychological core of the consumer's brain. The Mittal Steel: Managing Consolidation Case Study Help in addition to other giant food and drinks companies create worth for its customers by controling these ingredients in its products. Case Study Solution along with other giant business has an interest in discovering ways to increase the customer value from its items through exploiting the vulnerability.
In addition to it, the company also creates value by methods of integrating the healthy point in its products. The business has actually done certain efforts in order to supply healthy products and minimize the share of Mittal Steel: Managing Consolidation Case Study Solution in general environmental destruction. Case Study Analysis has actually taken certain actions related to the sustainability of individuals and environment including the 2009 statement of the ambitious objectives and dedications associated with Case Study Help items, market and the community.
All of these means have been successful at developing value for the company customers. However, these ways have also lead to the increased environmental concerns and the criticism over the company's role in increasing health and ecological obstacles. The incorporation of active ingredients like salt, fat and sugar in the company products for creating customer worth faces high amount of criticism. These active ingredients are the main cause of particular fatal diseases in human including weight problems, diabetes, heart problem etc. Increasing health related issues have actually raised the criticism for Mittal Steel: Managing Consolidation Case Study Help.
Constructive Function of Significant Food and Drink Business in Resolving Social and Ecological Costs Related To the Market
Certainly, significant food and beverage business consisting of company, etc. can play a constructive role in attending to social and ecological costs connected with the industry. The environmental costs connected to food and beverage industry include the ecological destruction due to the increase of nitrogen which has resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to environmental destruction which might be a big danger to the existence of humankind in future.
Significant cause of these ecological changes is mass use of nitrogen abundant fertilizers and the active ingredients by the food and drink companies. For that reason, food and drink companies must play a constructive role in resolving these concerns to eliminate their development restrictions associated with the criticism from the ecological neighborhoods.
In order to attend to these problems, the companies might either minimize their use of nitrogen rich ingredients or take particular actions to decrease the quantity of nitrogen in the general environment. The business ought to prevent use of nitrogen fertilizers and should search out the products of those farmers that do not utilize fertilizers for their crop. Furthermore, the companies might also buy minimizing greenhouse gas emissions worldwide. For example, the business might utilize renewable energy sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich items.
Together with the ecological costs there are certain social expenses related to the food and drink market which need to be addressed by the huge food and drink business to attain the industry growth and to avoid the criticism from the ecological neighborhoods. Social expenses associated with the market consists of the increasing health concerns related to weight problems, heart problem, diabetes etc. However, the giant business could play a positive role in attending to these issues.
The companies could move towards more healthy items by minimizing the quantity of poisonous compounds in their processed foods i.e. dioxin, which could result in lethal human illness. The companies could also do efforts to move consumer tastes towards healthy items as they have managed the consumer taste for few decades.
Examination of Sustainability at Mittal Steel: Managing Consolidation Case Study Analysis
There was a possible shift in the business technique and objectives at Case Study Solution. The new CEO was focused on purchasing much healthier products for achieving sustainable growth for the business together with providing much healthier future for the people and the world both. Under the new vision, the motto of the business was likewise changed from the "enjoyable for you" to "much better for you".
company acquired Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and organic beverages to introduce numerous much healthier products in its portfolio. Despite of being thought about a Case Solution's healthy brand name, the products of Quake Oats contained numerous active 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 Analysis has taken specific sustainability actions for its market places. Among major examples in this regard is the Business's marketing strategy related to schools. The company markets just low calories and healthy beverages options in schools.
Another action taken by Case Study Solution towards human sustainability is the shift of its focus towards research and development for introducing brand-new and healthy items in its portfolio. The company has actually increased its research study and advancement budget and has actually introduced an army of health scientists to develop certain healthy products.
In this regard, the company committed to lower its packaging by millions of tones to prevent high amount of wastages. The business has actually devoted to decrease greenhouse gas emissions along with the achievement of performance in the energy use.
On the basis of above analysis, it might be determined that the business has actually taken a number of steps towards human and ecological sustainability. These steps are still not adequate to accomplish the wanted commercial development and to lower the criticism over the social duty of Case Study Help.
Certain long term strategic options might be derived for the business on the basis of above analysis. These alternatives can be assessed on the basis of the reality that how the option would enable the business to accomplish its objective of possible growth and decrease the criticism over the business. The alternatives might be examined on the basis of the time frame that would be taken by an alternative to be carried out along with the expense and threats related to the alternative
Alternative-1: introduction of a New Product line Associated with Healthy Foods and Beverages
The first action that Mittal Steel: Managing Consolidation Case Study Solution might take is to introduce a new product line related to healthy food and drinks. The business ought to introduce a large range of much healthier products by using its considerable research study and development expenses.
• Capability to target large number of consumers i.e. health mindful customers.
• Decrease of the criticism of ecological concerned societies and neighborhood advancement organizations.
• Fulfillment of the social duty by compensation of the harmful products with healthy products.
• Might be implemented within couple of years i.e. 3 to 5 years.
• Threat of failure of the brand-new products in the market i.e. customers may not like the taste and may not accept the healthier items due to the addicting nature of hazardous items.
• The dangerous items in the item portfolio might make the incorporation of healthy products stop working to minimize criticism.
• Substantial expense of research study and advancement required to construct brand-new healthy items.
Alternative-2: High level Acquisition of Health associated Companies
Another alternative choice to attain the prospective development and minimize the criticism is to acquire the health related business at a high level. Financial investment in these kind of companies would enable Mittal Steel: Managing Consolidation Case Study Solution to introduce a large range of much healthier items within a short time duration without any requirement of considerable research study and development expenses. The pros and cons connected to alternative 3 are provided listed below:
• Conserving of substantial quantity of research study and development expenses for brand-new product advancement.
• Incorporation of brand-new products within two years.
• Ability to target a great deal of customers i.e. health conscious customers.
• Reduction of the criticism of ecological worried societies and community development companies.
• Fulfillment of the social obligation by payment of the harmful products with healthy items.
• The acquisition might not show to alter the image of Mittal Steel: Managing Consolidation Case Study Help as in case of Quake Oats.
• Requirement of substantial amount of capital.
• Risk of failure of the brand-new items in the market i.e. consumers may not like the taste and may decline the much healthier products due to the addicting nature of harmful products.
• The hazardous items in the product portfolio may 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 option for Mittal Steel: Managing Consolidation Case Study Solution is to change all of its harmful items with much healthier items. The replacement of dangerous products with healthier items would totally alter the market position of the business and would require a big number of necessary steps to be taken.
• Modification of market position of Mittal Steel: Managing Consolidation Case Study Solution
• Capability to target a great deal of consumers i.e. health mindful consumers.
• End of all of the criticism of environmental concerned societies and neighborhood development companies.
• Satisfaction of the social obligation
• Risk of failure of the brand-new products in the market i.e. customers may not like the taste and might decline the much healthier items due to the addicting nature of dangerous products.
• Substantial expense of research and advancement required to construct new healthy products.
• Staff member may withstand over the modification in business model and company method.
• Variety of years needed for the implementation.
• Shift of focus from the core proficiencies.
With the deep analysis of the company's CSR, problems faced by the business and the present market circumstance, Mittal Steel: Managing Consolidation Case Study Analysis is recommended to think about alternative 2 of high level of acquisition of health associated business. As the acquisitions would enable the company to conserve of substantial amount of research study and development costs for brand-new item advancement. Along with it, acquisitions would permit incorporation of brand-new items within two years together with the capability to target large number of customers. Moreover, the acquisitions would lead to the reduction of the criticism from the concerned organizations.However, the option would need big amount of mutual fund. The companies might not be able to reduce the criticism. However, with a careful analysis of the acquisition with an aggressive marketing campaigns, Mittal Steel: Managing Consolidation Case Study Help 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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