Miguel Torres: Ensuring The Family Legacies Case Study Solution
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Miguel Torres: Ensuring The Family Legacies Case Solution
Miguel Torres: Ensuring The Family Legacies Case Study Analysis is a well-known name of a New York based, world's leading organization in the food and beverage market. company is a leading brand in hassle-free snacks, foods and drinks with its presence in about 200 countries.
The report consists of a deep analysis of different elements of the social obligations of major business in the food and drink market in basic, and business in particular. The report likewise supplies an assessment of the extent of sustainability and CSR in the Miguel Torres: Ensuring The Family Legacies Case Study Solution's company strategy along with the determination of how Case Study Analysis develops value for its consumers.
The huge food and drink business was going through a criticism over its responsibility towards numerous social and environmental issues including; obesity, heart problem, ecological destruction and so on. These criticisms lead, to reconsider about the corporate strategy of Miguel Torres: Ensuring The Family Legacies Case Study Analysis. The Beneoit Leleux has actually understood that the total society, the way of life of people and the people at whole have been changed now. In this scenario with increasing trends towards much healthier products and the increasing environmental issues, Case Study Help should alter its instructions towards healthier items. company had actually taken specific important actions concerning the environmental effects of its items, however, these steps are not enough to end up the criticism over the business's obligation towards social and ecological problems. Therefore, the is needed to take certain tactical steps to alter the market position of its particular popular brand names and present Miguel Torres: Ensuring The Family Legacies Case Study Analysis as a business producing healthy items in the market. In this regard, Case Study Analysis and other food and beverage companies need to use their power to shift the customer taste towards much healthier items to remove the constraints in the development of food market.
The shift from the usage of natural food to made food has highly impacted the health of the consumers. All of the information related to the health issues with the incorporation of manufactured food in the market explain the prevalence of the health issues related to food system. These concerns are indirectly the result of numerous practices of the food and drink companies for developing value for their consumers.
Value Development at Miguel Torres: Ensuring The Family Legacies Case Study Analysis
Miguel Torres: Ensuring The Family Legacies Case Study Analysis being a giant company in the food and beverage industry, supplies high value to its clients by various means. Case Study Analysis has a competitive benefit in offering its products far and broad globally. The company is provided in about 200 nations with a big number of popular global brands.
The business produces worth for its consumers by methods of supplying big number of yummy food items including salt, fat and sugar, which are the ingredients that are directly connected with the emotional core of the consumer's brain. The Miguel Torres: Ensuring The Family Legacies Case Study Solution in addition to other huge food and drinks business produce worth for its customers by manipulating these ingredients in its products. Case Study Solution in addition to other huge companies is interested in finding methods to increase the customer worth from its items through exploiting the vulnerability.
In addition to it, the company also produces worth by means of integrating the healthy point in its products. The business has done certain efforts in order to supply healthy items and lower the share of Miguel Torres: Ensuring The Family Legacies Case Study Help in overall ecological destruction. Case Study Solution has actually taken specific actions associated with the sustainability of individuals and environment consisting of the 2009 announcement of the ambitious objectives and dedications related to Case Study Solution products, market and the community.
All of these methods have actually been successful at creating worth for the company customers. These ways have likewise lead to the increased environmental issues and the criticism over the business's function in increasing health and ecological challenges. The incorporation of ingredients like salt, fat and sugar in the business items for producing consumer worth deals with high amount of criticism. These active ingredients are the primary reason for particular fatal diseases in human including obesity, diabetes, heart diseases and so on. Increasing health associated problems have actually raised the criticism for Miguel Torres: Ensuring The Family Legacies Case Study Help.
Positive Role of Major Food and Drink Business in Resolving Social and Ecological Expenses Related To the Industry
Certainly, significant food and drink business including business, etc. can play a constructive role in resolving social and environmental costs related to the industry. The ecological costs connected to food and drink market consist of the environmental devastation due to the increase of nitrogen which has resulted in the lowered water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors results in ecological destruction which could be a big hazard to the existence of humankind in future.
Significant reason for these environmental changes is mass use of nitrogen rich fertilizers and the active ingredients by the food and beverage business. Therefore, food and drink companies should play a constructive role in attending to these issues to eliminate their growth constraints related to the criticism from the ecological communities.
In order to address these issues, the companies could either minimize their use of nitrogen rich active ingredients or take specific steps to minimize the amount of nitrogen in the total environment. The companies ought to prevent usage of nitrogen fertilizers and must seek the products of those farmers that do not utilize fertilizers for their crop. The business might also invest in lowering greenhouse gas emissions worldwide. The companies could utilize renewable energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich products.
In addition to the ecological expenses there are specific social expenses associated with the food and beverage industry which should be addressed by the giant food and drink companies to attain the market growth and to avoid the criticism from the environmental neighborhoods. Social costs associated with the industry consists of the increasing health concerns connected to obesity, heart disease, diabetes etc. The huge companies could play an useful function in dealing with these concerns.
The business might move towards more healthy products by minimizing the quantity of harmful substances in their processed foods i.e. dioxin, which might result in lethal human illness. The companies might likewise do efforts to move consumer tastes towards healthy items as they have controlled the customer taste for couple of years.
Evaluation of Sustainability at Miguel Torres: Ensuring The Family Legacies Case Study Help
There was a potential shift in the business method and goals at Case Study Analysis. The new CEO was focused on purchasing healthier products for achieving sustainable growth for the company along with providing healthier future for the people and the planet both. Under the new vision, the motto of the business was also changed from the "enjoyable for you" to "much better for you".
The business announced certain goals and dedications related to human sustainability and the environmental sustainability. Miguel Torres: Ensuring The Family Legacies Case Study Help got Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and natural drinks to present numerous much healthier items in its portfolio. Despite of being thought about a Case Study Help's healthy brand, the items of Quaker Oats included several ingredients which were harmful to health. These harmful active ingredients were not advertised which have actually become the base for criticism over the healthy brands of Miguel Torres: Ensuring The Family Legacies Case Study Solution.
Along with the inculcation of healthy brands in its portfolio through acquisitions, Miguel Torres: Ensuring The Family Legacies Case Study Solution has taken particular sustainability steps for its market places. Among major examples in this regard is the Company's marketing technique related to schools. The company markets just low calories and nutritious beverages choices in schools.
Another action taken by Case Study Help towards human sustainability is the shift of its focus towards research and advancement for presenting 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 researchers to design specific healthy products.
Along with the human sustainability, Miguel Torres: Ensuring The Family Legacies Case Study Help has actually taken a number of steps towards ecological sustainability. The business has actually dedicated to numerous goals associated with water, land, product packaging, climate change and community. In this regard, the business devoted to reduce its product packaging by millions of tones to prevent high quantity of wastages. The company has actually devoted to decrease greenhouse gas emissions along with the accomplishment of effectiveness in the energy use. company has likewise attempted particular humanitarian activities consisting of a dedication to provide safe drinking water to 3 million people in establishing nations by 2015.
On the basis of above analysis, it might be identified that the company has actually taken several actions towards human and ecological sustainability. These actions are still not sufficient to achieve the wanted commercial development and to lower the criticism over the social obligation of Case Study Help.
Particular long term strategic alternatives could 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 alternative would allow the company to achieve its goal of possible growth and reduce the criticism over the business. The alternatives could be examined on the basis of the time frame that would be taken by an option to be carried out along with the expense and threats related to the option
Alternative-1: intro of a New Product line Connected to Healthy Foods and Beverages
The very first action that Miguel Torres: Ensuring The Family Legacies Case Study Solution might take is to present a new item line related to healthy food and drinks. The business should introduce a wide variety of much healthier products by using its substantial research and advancement expenditures.
• Ability to target a great deal of consumers i.e. health conscious consumers.
• Reduction of the criticism of environmental concerned societies and neighborhood development organizations.
• Fulfillment of the social duty by compensation of the dangerous products with healthy items.
• Could be carried out within couple of years i.e. 3 to 5 years.
• Danger of failure of the new products in the market i.e. consumers might not like the taste and might not accept the healthier items due to the addicting nature of hazardous items.
• The harmful products in the item portfolio may make the incorporation of healthy products stop working to minimize criticism.
• Big cost of research and development required to build brand-new healthy products.
Alternative-2: High level Acquisition of Health associated Business
Another alternative option to attain the prospective development and minimize the criticism is to get the health related business at a high level. Investment in these kind of companies would permit Miguel Torres: Ensuring The Family Legacies Case Study Help to present a large range of healthier items within a brief time duration with no requirement of substantial research study and advancement expenditures. The pros and cons connected to alternative 3 are offered listed below:
• Saving of huge quantity of research study and advancement expenses for brand-new item advancement.
• Incorporation of new products within 2 years.
• Capability to target a great deal of consumers i.e. health conscious consumers.
• Decrease of the criticism of ecological worried societies and neighborhood advancement companies.
• Fulfillment of the social obligation by compensation of the dangerous items with healthy products.
• The acquisition may not prove to change the image of Miguel Torres: Ensuring The Family Legacies Case Study Solution as in case of Quaker Oats.
• Requirement of substantial amount of capital.
• Danger of failure of the brand-new products in the market i.e. consumers may not like the taste and might decline the healthier products due to the addicting nature of harmful products.
• The hazardous products in the item portfolio might make the incorporation of healthy items stop working to reduce criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Miguel Torres: Ensuring The Family Legacies Case Study Analysis is to change all of its hazardous items with much healthier products. This might be a substantial shift in the business technique and the business model at company. The replacement of harmful products with much healthier items would totally change the market position of the company and would require a large number of needed steps to be taken. The advantages and disadvantages connected to alternative 3 are given listed below:
• Change of market position of Miguel Torres: Ensuring The Family Legacies Case Study Analysis
• Capability to target a great deal of consumers i.e. health mindful customers.
• End of all of the criticism of ecological worried societies and neighborhood development organizations.
• Satisfaction of the social responsibility
• Danger of failure of the new items in the market i.e. consumers may not like the taste and might not accept the much healthier items due to the addicting nature of hazardous products.
• Huge expense of research study and development needed to construct new healthy items.
• Staff member may withstand over the modification in the business design and company technique.
• Number of years needed for the application.
• Shift of focus from the core competencies.
With the deep analysis of the business's CSR, problems dealt with by the company and the current market circumstance, Miguel Torres: Ensuring The Family Legacies Case Study Help is advised to think about alternative 2 of high level of acquisition of health associated companies. As the acquisitions would make it possible for the business to conserve of substantial quantity of research and development expenses for brand-new item advancement. Along with it, acquisitions would enable incorporation of brand-new products within two years along with the capability to target large number of consumers. Moreover, the acquisitions would lead to the reduction of the criticism from the concerned organizations.However, the alternative would need huge amount of investment funds. The companies may not be able to decrease the criticism. With a careful analysis of the acquisition with an aggressive marketing projects, business might prove to be successful in attaining the targets.
This Miguel Torres: Ensuring The Family Legacies case study is writen by : Beneoit Leleux
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