Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Analysis
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Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Help
Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Solution is a well-known name of a New York based, world's leading company in the food and drink industry. business is a leading brand in practical treats, foods and beverages with its presence in about 200 countries.
The report includes a deep analysis of various aspects of the social duties of major companies in the food and drink industry in general, and Case Analysis in specific. It also supplies an analysis of the growing health and ecological problems consisting of obesity, heart problem, ecological devastation and so on in the Western countries and the role of the business in the food and drink market to attend to these concerns. The report likewise provides an examination of the extent of sustainability and CSR in the Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Help's company technique in addition to the decision of how Case Study Analysis produces value for its customers. The report also supplies specific strategic options for company to include the criticism over its social obligation with certain recommendations and an application plan.
Case Study Analysis had actually taken specific important steps regarding the environmental effects of its items, however, these actions are not enough to end up the criticism over the company's duty towards social and ecological issues. This is required to take certain strategic actions to change the market position of its specific popular brand names and present Case Study Solution as a business producing healthy items in the market. In this regard, business and other food and beverage companies must use their power to move the consumer taste towards much healthier items to get rid of the restraints in the development of food market.
The shift from the use of natural food to manufactured food has actually extremely impacted the health of the consumers. All of the information related to the health problems with the incorporation of manufactured food in the market describe the frequency of the health concerns related to food system. These issues are indirectly the result of different practices of the food and drink business for producing value for their customers.
Value Production at Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Help
Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Help being a huge business in the food and drink industry, supplies high worth to its customers by numerous means. Case Study Analysis has a competitive advantage in providing its products far and wide worldwide. The business is provided in about 200 countries with a large number of popular worldwide brand names.
Additionally, the company produces worth for its consumers by methods of providing 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 consumer's brain. The Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Solution together with other huge food and drinks companies produce worth for its consumers by controling these components in its products. Case Study Solution in addition to other giant companies is interested in finding methods to increase the consumer worth from its products through making use of the vulnerability.
Along with it, the business likewise creates worth by means of integrating the healthy point in its items. The company has done specific efforts in order to supply healthy items and minimize the share of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Solution in total ecological devastation. Case Study Help has taken certain steps associated with the sustainability of individuals and environment including the 2009 statement of the ambitious goals and dedications connected to Case Study Solution items, marketplace and the neighborhood.
All of these ways have actually been successful at producing worth for the business customers. Nevertheless, these means have likewise result in the increased environmental concerns and the criticism over the company's role in increasing health and ecological difficulties. The incorporation of ingredients like salt, fat and sugar in the business items for developing consumer value faces high amount of criticism. These ingredients are the main cause of specific lethal diseases in human consisting of obesity, diabetes, heart diseases etc. Increasing health associated issues have raised the criticism for Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Analysis.
Useful Function of Significant Food and Drink Companies in Attending To Social and Ecological Expenses Associated with the Market
Indeed, major food and drink companies including business, and so on can play an useful role in addressing social and environmental costs associated with the industry. The ecological costs connected to food and drink market consist of the environmental devastation due to the increase of nitrogen which has actually led to the reduced water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to ecological destruction which could be a big risk to the presence of mankind in future.
Major cause of these ecological modifications is mass use of nitrogen abundant fertilizers and the active ingredients by the food and drink business. Therefore, food and drink business ought to play a constructive function in dealing with these issues to eliminate their development restrictions connected to the criticism from the ecological neighborhoods.
The business should prevent usage of nitrogen fertilizers and need to search out the products of those farmers that do not utilize fertilizers for their crop. The companies could use eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich items.
Together with the eco-friendly expenses there are specific social costs associated with the food and drink market which should be attended to by the giant food and beverage companies to achieve the industry growth and to prevent the criticism from the ecological neighborhoods. Social costs connected with the industry consists of the increasing health problems related to weight problems, heart disease, diabetes etc. However, the huge companies could play an useful role in attending to these problems.
The companies might move towards more healthy products by lowering the quantity of hazardous compounds in their processed foods i.e. dioxin, which might result in fatal human illness. The business might likewise do efforts to move customer tastes towards healthy products as they have managed the consumer taste for couple of years.
Evaluation of Sustainability at Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Solution
There was a possible shift in the corporate method and objectives at Case Study Analysis. The brand-new CEO was focused on investing in healthier items for attaining sustainable growth for the business in addition to supplying much healthier future for the people and the world both. Under the new vision, the motto of the company was also altered from the "fun for you" to "much better for you".
company obtained Quaker Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and organic drinks to introduce numerous healthier items in its portfolio. Despite of being considered a Case Help's healthy brand name, the items of Quaker Oats consisted of a number of active ingredients which were dangerous to health.
Together with the inculcation of healthy brand names in its portfolio through acquisitions, Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Help has actually taken certain sustainability actions for its market places. Among major examples in this regard is the Company's marketing strategy related to schools. The company markets only low calories and nutritious beverages options in schools.
Another step taken by Case Study Analysis towards human sustainability is the shift of its focus towards research and advancement for introducing new and healthy items in its portfolio. The business has actually increased its research and development budget and has actually introduced an army of health scientists to develop certain healthy products.
Together with the human sustainability, Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Help has taken numerous actions towards ecological sustainability. The business has actually committed to numerous objectives related to water, land, packaging, environment modification and neighborhood. In this regard, the business devoted to decrease its packaging by countless tones to avoid high quantity of wastages. Additionally, the company has committed to minimize greenhouse gas emissions together with the accomplishment of performance in the energy use. company has likewise attempted specific humanitarian activities consisting of a dedication to provide safe drinking water to 3 million people in developing nations by 2015.
On the basis of above analysis, it might be identified that the company has taken a number of steps towards human and ecological sustainability. These steps are still not enough to attain the wanted commercial growth and to reduce the criticism over the social duty of Case Study Help.
Specific long term tactical options could be obtained for the company on the basis of above analysis. These options can be examined on the basis of the truth that how the option would make it possible for the business to attain its goal of prospective growth and minimize the criticism over the business. The options might be evaluated on the basis of the time frame that would be taken by an option to be implemented along with the expense and dangers related to the option
Alternative-1: intro of a New Product line Connected to Healthy Foods and Beverages
The first action that Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Analysis could take is to introduce a brand-new item line related to healthy food and beverages. The company must present a large range of much healthier items by utilizing its considerable research and advancement expenditures.
• Capability to target large number of customers i.e. health conscious consumers.
• Decrease of the criticism of environmental concerned societies and community advancement companies.
• Fulfillment of the social responsibility by compensation of the dangerous items with healthy products.
• Might be executed within couple of years i.e. 3 to 5 years.
• Threat of failure of the new products in the market i.e. customers might not like the taste and may decline the much healthier items due to the addictive nature of harmful items.
• The harmful items in the product portfolio may make the incorporation of healthy items stop working to decrease criticism.
• Huge cost of research and advancement required to construct new healthy items.
Alternative-2: High level Acquisition of Health related Business
Another alternative option to achieve the possible development and minimize the criticism is to acquire the health associated business at a high level. Investment in these kind of business would permit Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Analysis to introduce a big range of much healthier items within a short time period with no need of significant research study and advancement expenditures. The advantages and disadvantages associated with alternative 3 are given below:
• Conserving of big quantity of research study and advancement costs for new item advancement.
• Incorporation of new items within 2 years.
• Capability to target a great deal of customers i.e. health mindful consumers.
• Decrease of the criticism of environmental concerned societies and community advancement companies.
• Fulfillment of the social duty by compensation of the hazardous products with healthy products.
• The acquisition might not prove to change the image of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Help as in case of Quaker Oats.
• Requirement of big amount of capital.
• Threat of failure of the new items in the market i.e. consumers may not like the taste and may decline the much healthier items due to the addictive nature of hazardous products.
• The harmful products in the product portfolio may 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 choice for Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Solution is to replace all of its dangerous products with much healthier items. This might be a huge shift in the business technique and the business design at company. The replacement of hazardous products with much healthier products would entirely alter the market position of the business and would need a large number of required actions to be taken. The pros and cons associated with alternative 3 are provided below:
• Change of market position of Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders Case Study Analysis
• Ability to target a great deal of customers i.e. health mindful consumers.
• End of all of the criticism of environmental concerned societies and community advancement companies.
• Fulfillment of the social responsibility
• Danger of failure of the brand-new products in the market i.e. customers may not like the taste and might decline the healthier items due to the addicting nature of harmful items.
• Huge cost of research study and development needed to construct new healthy items.
• Staff member may withstand over the modification in business model and business method.
• Variety of years required for the execution.
• Shift of focus from the core competencies.
With the deep analysis of the business's CSR, issues faced by the company and the existing market scenario, Case Study Solution is suggested to think about alternative 2 of high level of acquisition of health associated companies. As the acquisitions would make it possible for the company to conserve of big quantity of research study and advancement expenses for new product advancement. Along with it, acquisitions would enable incorporation of new items within two years along with the ability to target big number of consumers.
This Happy Shrimp Farm: Social Responsibility And Multiple Stakeholders case study is writen by : Beneoit Leleux
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