Time Life Inc (A) Case Study Help
This is not the actual case solution. To get the case solution place your order on the site and contact website support.
Time Life Inc (A) Case Solution
Time Life Inc (A) Case Study Solution is a well-known name of a New York based, world's leading organization in the food and drink industry. company is a leading brand in practical snacks, foods and drinks with its existence in about 200 countries.
The report contains a deep analysis of different elements of the social duties of significant business in the food and drink market in basic, and Case Help in specific. It likewise supplies an analysis of the growing health and environmental issues consisting of weight problems, cardiovascular disease, ecological destruction and so on in the Western nations and the role of the companies in the food and beverage industry to resolve these concerns. The report also supplies an evaluation of the level of sustainability and CSR in the Time Life Inc (A) Case Study Help's service method in addition to the decision of how Case Study Help creates worth for its customers. Moreover, the report also offers certain tactical alternatives for Case Analysis to include the criticism over its social obligation with particular suggestions and an implementation plan.
Case Study Solution had taken certain vital steps concerning the ecological impacts of its items, but, these actions are not enough to end up the criticism over the company's obligation towards social and ecological concerns. This is required to take particular tactical steps to change the market position of its particular popular brand names and present Case Study Help as a business producing healthy products in the market. In this regard, company and other food and drink business must use their power to move the customer taste towards much healthier items to eliminate the restrictions in the development of food industry.
The shift from the usage of natural food to manufactured food has actually highly impacted the health of the customers. All of the data related to the health concerns with the incorporation of made food in the market explain the prevalence of the health issues related to food system. These concerns are indirectly the outcome of numerous practices of the food and drink business for producing worth for their customers.
Worth Production at Time Life Inc (A) Case Study Solution
Time Life Inc (A) Case Study Analysis being a huge company in the food and drink market, provides high value to its consumers by numerous ways. Value creation in the food and beverage industry is done through two ways i.e. taste and availability of the item. Case Study Solution has a competitive benefit in supplying its products everywhere worldwide. Its marketing capability makes it able to target a large base of customers. The business exists in about 200 nations with a large number of popular global brands. The everywhere presence of the company products supplies high value to consumers.
The company creates worth for its customers by methods of supplying large number of delicious food products consisting of salt, fat and sugar, which are the components that are straight linked with the psychological core of the customer's brain. The Time Life Inc (A) Case Study Solution together with other huge food and drinks business create value for its customers by manipulating these active ingredients in its products. Case Study Help along with other huge business has an interest in finding methods to increase the consumer value from its items through exploiting the vulnerability.
Together with it, the company also produces worth by means of including the healthy point in its products. The business has done certain efforts in order to supply healthy products and reduce the share of Time Life Inc (A) Case Study Analysis in overall ecological devastation. Case Study Help has actually taken specific actions associated with the sustainability of people and environment consisting of the 2009 announcement of the enthusiastic objectives and commitments connected to Case Study Solution products, marketplace and the neighborhood.
All of these means have achieved success at producing worth for the business customers. These methods have also lead to the increased ecological issues 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 company items for producing consumer value deals with high quantity of criticism. These active ingredients are the main cause of specific fatal illness in human consisting of obesity, diabetes, cardiovascular disease etc. Increasing health related concerns have raised the criticism for Time Life Inc (A) Case Study Solution.
Positive Function of Significant Food and Drink Business in Dealing With Social and Ecological Costs Associated with the Industry
Major food and drink business consisting of Time Life Inc (A) Case Study Help etc. can play a constructive role in resolving social and environmental expenses associated with the industry. The environmental expenses connected to food and drink market include the environmental destruction due to the increase of nitrogen which has actually resulted in the lowered 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 hazard to the presence of humankind in future.
Major cause of these ecological modifications is mass use of nitrogen rich fertilizers and the ingredients by the food and beverage companies. Food and drink companies ought to play a constructive function in resolving these problems to eliminate their development restraints related to the criticism from the ecological neighborhoods.
In order to deal with these issues, the business could either minimize their usage of nitrogen abundant active ingredients or take particular steps to reduce the quantity of nitrogen in the general environment. The companies need to avoid use of nitrogen fertilizers and should search out the items of those farmers that do not use fertilizers for their crop. Additionally, the business might also purchase minimizing greenhouse gas emissions worldwide. For instance, the business could utilize renewable resource sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich products.
Along with the eco-friendly costs there are specific social costs related to the food and beverage industry which should be attended to by the huge food and beverage companies to attain the market growth and to avoid the criticism from the ecological neighborhoods. Social expenses related to the industry consists of the increasing health concerns related to obesity, heart problem, diabetes and so on. Nevertheless, the huge companies could play an useful role in dealing with these problems.
The business could move towards more healthy items by lowering the quantity of hazardous compounds in their processed foods i.e. dioxin, which could lead to fatal human diseases. In addition to it, the business must use more healthy ingredients instead of derivatives of Corn and Soy to increase number of calories from their products. The business could also do efforts to shift consumer tastes towards healthy items as they have managed the customer taste for few decades. In this method the huge food and drink business might play a constructive function in dealing with social and environmental expenses related to the market.
Evaluation of Sustainability at Time Life Inc (A) Case Study Analysis
There was a prospective shift in the business strategy and goals at Case Study Help. The new CEO was concentrated on purchasing healthier products for accomplishing sustainable growth for the company in addition to offering healthier future for individuals and the planet both. Under the brand-new vision, the motto of the business was also altered from the "enjoyable for you" to "better for you".
The business revealed specific goals and dedications related to human sustainability and the ecological sustainability. Time Life Inc (A) Case Study Analysis acquired Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and organic beverages to present numerous much healthier items in its portfolio. Despite of being thought about a Case Study Help's healthy brand, the products of Quaker Oats included numerous components which were harmful to health. These hazardous components were not marketed which have become the base for criticism over the healthy brand names of Time Life Inc (A) Case Study Analysis.
Along with the inculcation of healthy brand names in its portfolio through acquisitions, Time Life Inc (A) Case Study Solution has taken particular sustainability actions for its market locations. One of significant examples in this regard is the Company's marketing strategy related to schools. The business 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 study and advancement for presenting new and healthy products in its portfolio. The business has actually increased its research and advancement budget and has introduced an army of health scientists to create particular healthy items.
Together with the human sustainability, Time Life Inc (A) Case Study Solution has actually taken a number of actions towards environmental sustainability. The business has actually dedicated to various objectives connected to water, land, product packaging, environment modification and neighborhood. In this regard, the business dedicated to reduce its product packaging by millions of tones to avoid high quantity of wastes. Additionally, the business has committed to minimize greenhouse gas emissions along with the achievement of performance in the energy usage. business has also tried specific philanthropic activities including a commitment to supply safe drinking water to 3 million individuals in developing nations by 2015.
On the basis of above analysis, it might be determined that the business has taken several steps towards human and ecological sustainability. These actions are still not enough to attain the wanted commercial growth and to minimize the criticism over the social duty of Case Study Solution.
Specific long term strategic options could be obtained for the business on the basis of above analysis. These options can be examined on the basis of the truth that how the alternative would make it possible for the business to achieve its goal of possible development and decrease the criticism over the business. The options could be examined on the basis of the time frame that would be taken by an option to be executed along with the cost and dangers related to the alternative
Alternative-1: introduction of a New Product line Related to Healthy Foods and Beverages
The first step that Time Life Inc (A) Case Study Solution might take is to introduce a brand-new item line related to healthy food and drinks. The company must introduce a wide variety of much healthier items by using its considerable research study and development expenditures.
• Capability to target a great deal of customers i.e. health conscious consumers.
• Decrease of the criticism of environmental concerned societies and community development organizations.
• Satisfaction of the social duty by compensation of the hazardous products with healthy items.
• Might be executed within couple of years i.e. 3 to 5 years.
• Risk of failure of the brand-new products in the market i.e. consumers may not like the taste and may not accept the much healthier products due to the addicting nature of harmful products.
• The harmful items in the item portfolio might make the incorporation of healthy products fail to minimize criticism.
• Big cost of research and advancement required to build brand-new healthy items.
Alternative-2: High level Acquisition of Health associated Business
Another alternative choice to attain the potential growth and decrease the criticism is to obtain the health associated companies at a high level. Investment in these kind of business would permit Time Life Inc (A) Case Study Solution to introduce a big range of much healthier items within a short time period without any need of substantial research and development expenses. The pros and cons connected to alternative 3 are provided listed below:
• Saving of huge quantity of research study and advancement expenses for brand-new product advancement.
• Incorporation of brand-new products within 2 years.
• Capability to target a great deal of customers i.e. health conscious consumers.
• Decrease of the criticism of ecological worried societies and community advancement companies.
• Satisfaction of the social responsibility by payment of the dangerous products with healthy products.
• The acquisition may not prove to alter the image of Time Life Inc (A) Case Study Solution as in case of Quake Oats.
• Requirement of substantial amount of capital.
• Threat of failure of the brand-new items in the market i.e. customers may not like the taste and might not accept the much healthier products due to the addictive nature of dangerous products.
• The harmful products in the item portfolio might make the incorporation of healthy items stop working to decrease criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Time Life Inc (A) Case Study Solution is to replace all of its hazardous products with healthier items. This could be a substantial shift in the business strategy and the business design at company. The replacement of harmful items with much healthier items would totally change the marketplace position of the company and would need a a great deal of necessary steps to be taken. The pros and cons associated with alternative 3 are provided below:
• Change of market position of Time Life Inc (A) Case Study Solution
• Capability to target large number of consumers i.e. health conscious consumers.
• End of all of the criticism of environmental concerned societies and community advancement companies.
• Satisfaction of the social duty
• Threat of failure of the brand-new items 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 products.
• Huge expense of research study and development required to build new healthy items.
• Employee might withstand over the change in the business model and company method.
• Number of years required for the application.
• Shift of focus from the core proficiencies.
With the deep analysis of the business's CSR, concerns dealt with by the company and the current industry situation, Case Study Analysis is advised to consider alternative 2 of high level of acquisition of health related companies. As the acquisitions would enable the company to conserve of big quantity of research and development costs for brand-new item advancement. Along with it, acquisitions would enable incorporation of brand-new items within two years along with the capability to target big number of consumers.
This Time Life Inc (A) case study is writen by : David A Garvin
|Executive Summary||Swot Analysis||Vrio Analysis||Pestel Analysis|