Corning Glass Works International (A) (B1) And (B2) Case Study Help
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Corning Glass Works International (A) (B1) And (B2) Case Analysis
Corning Glass Works International (A) (B1) And (B2) Case Study Help is a widely known name of a New York based, world's leading organization in the food and drink market. business is a prominent brand name in convenient treats, foods and drinks with its existence in about 200 countries.
The report consists of a deep analysis of various aspects of the social responsibilities of significant companies 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 Corning Glass Works International (A) (B1) And (B2) Case Study Solution's business method along with the determination of how Case Study Help develops value for its customers.
Case Study Analysis had taken particular important steps relating to the ecological effects of its products, however, these actions are not enough to end up the criticism over the company's obligation towards social and ecological issues. This is required to take specific strategic steps to alter the market position of its particular famous brands and present Case Study Solution as a company producing healthy items in the market. In this regard, business and other food and beverage business should use their power to shift the consumer taste towards much healthier products to remove the constraints in the growth of food market.
The shift from the usage of natural food to made food has actually highly affected the health of the consumers. All of the information related to the health problems with the incorporation of made food in the market describe the prevalence of the health problems related to food system. These concerns are indirectly the outcome of numerous practices of the food and drink companies for producing worth for their consumers.
Worth Production at Corning Glass Works International (A) (B1) And (B2) Case Study Help
Corning Glass Works International (A) (B1) And (B2) Case Study Solution being a huge business in the food and drink market, provides high value to its consumers by numerous methods. Case Study Analysis has a competitive benefit in offering its items far and large internationally. The company is presented in about 200 nations with a big number of popular global brands.
The company produces value for its consumers by means of providing large number of delicious food products consisting of salt, fat and sugar, which are the active ingredients that are directly connected with the emotional core of the customer's brain. The Corning Glass Works International (A) (B1) And (B2) Case Study Analysis along with other huge food and drinks companies create worth for its customers by manipulating these active ingredients in its items. Case Study Help in addition to other huge business has an interest in discovering methods to increase the consumer worth from its products through making use of the vulnerability.
In addition to it, the company likewise creates worth by ways of incorporating the healthy point in its items. The company has done certain efforts in order to offer healthy items and reduce the share of Corning Glass Works International (A) (B1) And (B2) Case Study Solution in general ecological devastation. Case Study Help has actually taken particular actions related to the sustainability of people and environment consisting of the 2009 announcement of the ambitious goals and commitments related to Case Study Help items, market and the neighborhood.
All of these means have been successful at developing worth for the Case Study Analysis customers. Increasing health associated issues have raised the criticism for Case Study Solution.
Constructive Function of Significant Food and Drink Business in Dealing With Social and Ecological Expenses Connected With the Industry
Significant food and drink business including Corning Glass Works International (A) (B1) And (B2) Case Study Analysis etc. can play an useful function in resolving social and eco-friendly costs associated with the market. The environmental expenses associated with food and beverage market consist of the environmental devastation due to the increase of nitrogen which has resulted in the minimized 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 hazard to the presence of humanity in future.
Major reason for these environmental changes is mass usage of nitrogen rich fertilizers and the ingredients by the food and beverage business. For that reason, food and drink business ought to play an useful role in resolving these issues to remove their development restrictions associated with the criticism from the ecological communities.
In order to resolve these concerns, the business could either minimize their use of nitrogen rich components or take certain actions to decrease the quantity of nitrogen in the general environment. The business need to prevent use of nitrogen fertilizers and must search out the products of those farmers that do not use fertilizers for their crop. Furthermore, the business might also invest in decreasing greenhouse gas emissions worldwide. The business might use sustainable energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich products.
Along with the environmental expenses there are certain social costs connected with the food and drink market which need to be attended to by the giant food and beverage business to attain the market growth and to avoid the criticism from the environmental neighborhoods. Social costs connected with the market consists of the increasing health concerns related to weight problems, heart problem, diabetes and so on. The huge business could play a constructive role in resolving these concerns.
The business could move towards more healthy items by decreasing the amount of hazardous substances in their processed foods i.e. dioxin, which could result in deadly human illness. In addition to it, the business should use more nutritious components rather than derivatives of Corn and Soy to increase variety of calories from their products. The business could likewise do efforts to shift consumer tastes towards healthy items as they have controlled the customer taste for couple of years. In this way the huge food and drink business might play an useful function in dealing with social and environmental costs connected to the market.
Evaluation of Sustainability at Corning Glass Works International (A) (B1) And (B2) Case Study Analysis
There was a potential shift in the business technique and objectives at Case Study Help. The brand-new CEO was focused on purchasing healthier products for attaining sustainable growth for the business in addition to supplying healthier future for individuals and the world both. Under the new vision, the motto of the company was likewise changed from the "fun for you" to "better for you".
company acquired Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy drinks and natural beverages to introduce various healthier products in its portfolio. Despite of being considered a Case Help's healthy brand, the products of Quake Oats contained a number of components which were harmful to health.
In addition to the inculcation of healthy brand names in its portfolio through acquisitions, Corning Glass Works International (A) (B1) And (B2) Case Study Help has actually taken certain 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 only low calories and healthy beverages options in schools.
Another step taken by Case Study Analysis towards human sustainability is the shift of its focus towards research study and advancement for introducing brand-new and healthy products in its portfolio. The company has actually increased its research and advancement budget and has actually presented an army of health researchers to design specific healthy products.
In this regard, the business committed to lower its packaging by millions of tones to prevent high quantity of wastes. The business has actually dedicated to lower greenhouse gas emissions along with the accomplishment of performance in the energy use.
On the basis of above analysis, it could be figured out that the business has actually taken a number of actions towards human and ecological sustainability. However these actions are still not sufficient to achieve the preferred commercial development and to lower the criticism over the social responsibility of Corning Glass Works International (A) (B1) And (B2) Case Study Analysis.
Specific long term tactical alternatives might be derived for the business on the basis of above analysis. These alternatives can be examined on the basis of the reality that how the option would make it possible for the business to attain its objective of potential growth and minimize the criticism over the company. The options could be assessed on the basis of the time frame that would be taken by an option to be carried out along with the expense and risks related to the option
Alternative-1: intro of a New Product line Associated with Healthy Foods and Beverages
The very first action that Corning Glass Works International (A) (B1) And (B2) Case Study Analysis could take is to present a brand-new product line related to healthy food and drinks. The business ought to introduce a wide range of much healthier products by using its considerable research and development expenditures.
• Capability to target large number of consumers i.e. health conscious customers.
• Reduction of the criticism of environmental worried societies and community advancement organizations.
• Satisfaction of the social responsibility by payment of the hazardous items with healthy products.
• Might be implemented within few years i.e. 3 to 5 years.
• Threat of failure of the brand-new products in the market i.e. consumers might not like the taste and may decline the healthier items due to the addicting nature of dangerous items.
• The hazardous products in the product portfolio may make the incorporation of healthy items fail to reduce criticism.
• Substantial expense of research and advancement needed to construct brand-new healthy products.
Alternative-2: High level Acquisition of Health associated Business
Another alternative choice to accomplish the prospective development and decrease the criticism is to obtain the health related business at a high level. Financial investment in these type of companies would allow Corning Glass Works International (A) (B1) And (B2) Case Study Analysis to present a big range of much healthier items within a brief time period without any requirement of considerable research and advancement expenses. The benefits and drawbacks connected to alternative 3 are given listed below:
• Saving of huge quantity of research and advancement costs for new product advancement.
• Incorporation of new products within two years.
• Capability to target a great deal of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological concerned societies and neighborhood advancement companies.
• Fulfillment of the social responsibility by compensation of the hazardous items with healthy products.
• The acquisition might not prove to alter the image of Corning Glass Works International (A) (B1) And (B2) Case Study Analysis as in case of Quake Oats.
• Requirement of huge quantity of capital.
• Danger of failure of the brand-new products in the market i.e. customers may not like the taste and may decline the much healthier products due to the addictive nature of dangerous products.
• The dangerous items in the product portfolio may make the incorporation of healthy products stop working to reduce criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Corning Glass Works International (A) (B1) And (B2) Case Study Analysis is to change all of its hazardous products with healthier products. The replacement of hazardous items with healthier products would entirely change the market position of the company and would require a big number of required steps to be taken.
• Modification of market position of Corning Glass Works International (A) (B1) And (B2) Case Study Help
• Ability 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 companies.
• Fulfillment of the social duty
• Danger of failure of the brand-new products in the market i.e. customers might not like the taste and may not accept the healthier products due to the addictive nature of harmful products.
• Substantial cost of research and development needed to develop new healthy items.
• Employee might withstand over the modification in business design and business method.
• Variety of years needed for the application.
• Shift of focus from the core competencies.
With the deep analysis of the business's CSR, issues faced by the company and the current industry situation, Case Study Solution is suggested to consider alternative 2 of high level of acquisition of health associated business. As the acquisitions would enable the business to save of substantial quantity of research and development expenses for brand-new item advancement. Along with it, acquisitions would enable incorporation of new products within two years along with the ability to target big number of consumers.
This Corning Glass Works International (A) (B1) And (B2) case study is writen by : David J Collis
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