Elon Musks Big Bets Case Study Solution
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Elon Musks Big Bets Case Analysis
Elon Musks Big Bets Case Study Solution is a well-known name of a New York based, world's leading organization in the food and beverage industry. Case Study Solution is a prominent brand in convenient treats, foods and beverages with its presence in about 200 nations. Major brands of the company consist of; Pepsi-Cola, Frito-Lay, Tropicana, Quaker and Gatorade. The core competitive benefit of the business is its ability to market the product at far and wide locations. Furthermore, the business is doing efforts to make product advancement as its new source of competitive advantage.
The report contains a deep analysis of numerous elements of the social obligations of major business in the food and drink industry in basic, and business in particular. The report also supplies an evaluation of the level of sustainability and CSR in the Elon Musks Big Bets Case Study Analysis's service method along with the decision of how Case Study Help produces value for its consumers.
Case Study Analysis had actually taken certain essential steps regarding the environmental impacts of its items, but, these actions are not enough to end up the criticism over the business's duty towards social and eco-friendly concerns. This is needed to take particular tactical steps to alter the market position of its certain famous brands and present Case Study Help as a business producing healthy products in the market. In this regard, company and other food and beverage business ought to utilize their power to shift the consumer taste towards much healthier products to get rid of the restraints in the development of food market.
The shift from the use of natural food to made food has actually highly affected the health of the consumers. All of the data related to the health concerns with the incorporation of made food in the market discuss the frequency of the health concerns related to food system. These problems are indirectly the result of different practices of the food and beverage business for developing value for their consumers.
Worth Production at Elon Musks Big Bets Case Study Help
Elon Musks Big Bets Case Study Help being a huge company in the food and beverage market, offers high value to its clients by various ways. Value 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 supplying its items far and wide internationally. Its marketing capability makes it able to target a large base of consumers. The business is presented in about 200 countries with a large number of well-known worldwide brands. The everywhere presence of the business items provides high worth to customers.
The company develops value for its consumers by methods of supplying large number of tasty food products including salt, fat and sugar, which are the active ingredients that are straight connected with the psychological core of the customer's brain. The Elon Musks Big Bets Case Study Help along with other huge food and drinks companies produce worth for its customers by manipulating these components in its items. Case Study Solution together with other giant business is interested in finding ways to increase the consumer worth from its products through making use of the vulnerability.
Together with it, the business likewise develops value by means of integrating the healthy point in its items. The business has actually done certain efforts in order to supply healthy items and minimize the share of Elon Musks Big Bets Case Study Help in overall ecological destruction. Case Study Solution has actually taken particular actions related to the sustainability of people and environment consisting of the 2009 announcement of the enthusiastic goals and commitments related to Case Study Help products, marketplace and the community.
All of these ways have been successful at creating value for the Case Study Help consumers. Increasing health related problems have raised the criticism for Case Study Help.
Positive Function of Major Food and Drink Business in Addressing Social and Ecological Costs Associated with the Market
Significant food and beverage business consisting of Elon Musks Big Bets Case Study Solution and so on can play a constructive function in addressing social and eco-friendly expenses associated with the industry. The eco-friendly expenses connected to food and drink industry consist of the ecological devastation due to the increase of nitrogen which has actually led to the minimized water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors leads to ecological destruction which might be a huge danger to the presence of mankind in future.
Significant reason for these ecological changes is mass use of nitrogen rich fertilizers and the components by the food and beverage companies. Food and beverage business should play an useful role in addressing these problems to eliminate their development restraints related to the criticism from the ecological communities.
In order to attend to these concerns, the companies might either minimize their usage of nitrogen rich active ingredients or take certain actions to reduce the quantity of nitrogen in the total environment. The business must prevent use of nitrogen fertilizers and should locate the items of those farmers that do not utilize fertilizers for their crop. Furthermore, the business might also invest in lowering greenhouse gas emissions worldwide. For example, the business could utilize renewable resource sources at their production plant to compensate the greenhouse gas emissions from making use of nitrogen-rich items.
Along with the eco-friendly costs there are certain social costs associated with the food and drink market which should be addressed by the huge food and drink companies to attain the industry development and to prevent the criticism from the ecological communities. Social costs associated with the industry consists of the increasing health problems connected to obesity, cardiovascular disease, diabetes and so on. Nevertheless, the huge companies could play an useful role in resolving these concerns.
The business might move towards more healthy items by lowering the amount of harmful compounds in their processed foods i.e. dioxin, which could lead to deadly human illness. In addition to it, the companies ought to use more nutritious ingredients instead of derivatives of Corn and Soy to increase variety of calories from their products. The companies might likewise do efforts to move customer tastes towards healthy products as they have actually controlled the consumer taste for few years. In this method the huge food and beverage business could play an useful role in attending to social and ecological costs related to the market.
Evaluation of Sustainability at Elon Musks Big Bets Case Study Help
There was a prospective shift in the business technique and goals at Case Study Analysis. The new CEO was concentrated on purchasing much healthier products for achieving sustainable growth for the company along with providing much healthier future for individuals and the world both. Under the brand-new vision, the slogan of the business was likewise changed from the "enjoyable for you" to "much better for you".
The company revealed specific goals and dedications connected to human sustainability and the environmental sustainability. Elon Musks Big Bets Case Study Solution acquired Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and natural drinks to present different much healthier items in its portfolio. Despite of being considered a Case Study Help's healthy brand, the items of Quaker Oats consisted of several active ingredients which were harmful to health. These hazardous active ingredients were not marketed which have actually become the base for criticism over the healthy brand names of Elon Musks Big Bets Case Study Help.
In addition to the inculcation of healthy brands in its portfolio through acquisitions, Elon Musks Big Bets Case Study Solution has actually taken certain sustainability steps for its market locations. Among major examples in this regard is the Company's marketing technique related to schools. The company markets only low calories and healthy drinks options in schools.
Another step taken by Case Study Solution 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 business has actually increased its research study and advancement budget and has actually introduced an army of health scientists to create specific healthy items.
Together with the human sustainability, Elon Musks Big Bets Case Study Help has actually taken a number of actions towards ecological sustainability. The business has devoted to numerous goals connected to water, land, packaging, environment change and neighborhood. In this regard, the company devoted to reduce its product packaging by countless tones to avoid high amount of wastes. Furthermore, the business has actually committed to minimize greenhouse gas emissions together with the accomplishment of efficiency in the energy use. business has actually likewise attempted particular humanitarian activities including a commitment to supply safe drinking water to 3 million individuals in developing countries by 2015.
On the basis of above analysis, it could be figured out that the company has taken a number of actions towards human and ecological sustainability. Nevertheless these steps are still not sufficient to achieve the desired commercial development and to decrease the criticism over the social responsibility of Elon Musks Big Bets Case Study Help.
Specific long term tactical alternatives could be obtained for the business on the basis of above analysis. These options can be assessed on the basis of the reality that how the option would enable the company to achieve its objective of prospective growth and lower the criticism over the business. Moreover, the options might be assessed on the basis of the time frame that would be taken by an option to be executed along with the expense and risks connected to the option
Alternative-1: intro of a New Line of product Connected to Healthy Foods and Beverages
The primary step that Elon Musks Big Bets Case Study Analysis might take is to present a brand-new product line related to healthy food and beverages. Although, the company has actually currently introduced particular heath associated brands, but, the variety of these brand names in its portfolio is not prospective to lower the criticism and achieve prospective growth. The business ought to introduce a large variety of much healthier products by utilizing its substantial research study and advancement expenditures. The pros and cons associated with the intro of a healthy line of product in the portfolio are given below:
• Ability to target large number of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological worried societies and community advancement companies.
• Fulfillment of the social responsibility by payment of the harmful products with healthy products.
• Could be implemented within few years i.e. 3 to 5 years.
• Danger of failure of the new items in the market i.e. customers may not like the taste and might decline the much healthier items due to the addictive nature of hazardous products.
• The hazardous items in the item portfolio might make the incorporation of healthy items stop working to decrease criticism.
• Big cost of research study and development needed to build new healthy items.
Alternative-2: High level Acquisition of Health associated Business
Another alternative option to accomplish the potential development and lower the criticism is to get the health related companies at a high level. Investment in these type of business would enable Elon Musks Big Bets Case Study Help to present a big variety of healthier products within a short time period without any requirement of significant research and development expenditures. The benefits and drawbacks associated with alternative 3 are offered listed below:
• Saving of big amount of research and advancement expenses for new product advancement.
• Incorporation of new items within 2 years.
• Ability to target a great deal of consumers i.e. health conscious consumers.
• Decrease of the criticism of environmental worried societies and neighborhood advancement organizations.
• Satisfaction of the social duty by settlement of the hazardous products with healthy items.
• The acquisition might not prove to change the image of Elon Musks Big Bets Case Study Help as in case of Quake Oats.
• Requirement of huge amount of capital.
• Threat of failure of the brand-new products in the market i.e. customers may not like the taste and might not accept the healthier items due to the addictive nature of dangerous items.
• The hazardous products in the product portfolio might make the incorporation of healthy products stop working to decrease criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Elon Musks Big Bets Case Study Analysis is to replace all of its hazardous items with healthier products. The replacement of dangerous items with much healthier products would completely change the market position of the company and would need a big number of required actions to be taken.
• Change of market position of Elon Musks Big Bets Case Study Help
• Ability to target large number of consumers i.e. health conscious customers.
• End of all of the criticism of ecological worried societies and community development organizations.
• Fulfillment of the social obligation
• Threat of failure of the new items in the market i.e. customers may not like the taste and might not accept the much healthier items due to the addicting nature of dangerous products.
• Big cost of research and development needed to build brand-new healthy products.
• Staff member might withstand over the modification in business design and company strategy.
• Variety of years required for the execution.
• Shift of focus from the core competencies.
With the deep analysis of the business's CSR, concerns faced by the business and the current industry scenario, Case Study Analysis is recommended to consider alternative 2 of high level of acquisition of health related companies. As the acquisitions would allow the business to conserve of big quantity of research study and advancement costs for new product 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 Elon Musks Big Bets case study is writen by : David B Yoffie
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