J.C. Penneys Fair And Square Strategy Case Study Analysis
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J.C. Penneys Fair And Square Strategy Case Analysis
J.C. Penneys Fair And Square Strategy Case Study Solution is a popular name of a New York based, world's leading company in the food and drink industry. Case Study Solution is a prominent brand name in hassle-free snacks, foods and drinks with its presence in about 200 countries. Major brand names of the business include; Pepsi-Cola, Frito-Lay, Tropicana, Quake and Gatorade. The core competitive benefit of the business is its capability to market the item at everywhere locations. The company is doing efforts to make product development as its new source of competitive advantage.
The report consists of a deep analysis of various aspects of the social obligations of major companies in the food and beverage market in basic, and company in particular. The report likewise provides an evaluation of the degree of sustainability and CSR in the J.C. Penneys Fair And Square Strategy Case Study Help's business technique along with the determination of how Case Study Help creates worth for its consumers.
Case Study Solution had taken specific vital actions regarding the ecological effects of its products, but, these steps are not enough to end up the criticism over the company's obligation towards social and ecological concerns. This is needed to take particular tactical steps to alter the market position of its specific popular brand names and present Case Study Help as a company producing healthy products 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 remove the constraints in the growth of food market.
For the few years, customer food patterns have actually been altered drastically. The shift from making use of health food to produced food has extremely affected the health of the customers. Despite of the discovery of modern-day health techniques, the general health of people in few years have actually been highly affected. Currently about 1 billion of individuals In United States are overweight and a minimum of 300 countless them have obesity. Children likewise facing the problem of weight problems. The ratios of obesity in 1980s are rather different from the current ratios. Despite of discovery of health methods and contemporary ways to control weight problems and other illness, the ratio of obesity has been doubled form the level of 1980. All of the data connected to the health problems with the incorporation of manufactured food in the market explain the occurrence of the health concerns associated with food system. These issues are indirectly the outcome of different practices of the food and drink business for developing worth for their consumers.
Value Creation at J.C. Penneys Fair And Square Strategy Case Study Solution
J.C. Penneys Fair And Square Strategy Case Study Solution being a huge company in the food and beverage market, provides high value to its customers by numerous ways. Case Study Solution has a competitive benefit in providing its items far and broad globally. The company is presented in about 200 countries with a big number of popular global brand names.
The company develops value for its customers by ways of supplying large number of yummy food products consisting of salt, fat and sugar, which are the components that are straight connected with the psychological core of the customer's brain. The J.C. Penneys Fair And Square Strategy Case Study Help along with other giant food and beverages business develop worth for its consumers by manipulating these ingredients in its products. Case Study Solution in addition to other giant companies is interested in finding methods to increase the customer value from its products through making use of the vulnerability.
In addition to it, the company likewise develops value by ways of incorporating the healthy point in its products. The company has done particular efforts in order to offer healthy products and decrease the share of J.C. Penneys Fair And Square Strategy Case Study Solution in overall environmental devastation. Case Study Help has actually taken certain actions related to the sustainability of people and environment including the 2009 statement of the ambitious goals and dedications connected to Case Study Analysis products, market and the neighborhood.
All of these means have been effective at developing worth for the Case Study Help customers. Increasing health associated concerns have actually raised the criticism for Case Study Analysis.
Useful Function of Significant Food and Beverage Business in Dealing With Social and Ecological Expenses Related To the Industry
Significant food and beverage companies including J.C. Penneys Fair And Square Strategy Case Study Analysis etc. can play an useful function in addressing social and eco-friendly expenses associated with the industry. The environmental costs associated with food and beverage market consist of the ecological destruction due to the increase of nitrogen which has resulted in the reduced water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to ecological devastation which might be a big risk to the presence of humanity in future.
Significant reason for these environmental modifications is mass usage of nitrogen rich fertilizers and the ingredients by the food and beverage business. Therefore, food and drink companies ought to play a positive function in resolving these problems to remove their development restraints associated with the criticism from the ecological communities.
In order to address these problems, the companies could either reduce their usage of nitrogen rich components or take specific steps to decrease the quantity of nitrogen in the general environment. The business should prevent usage of nitrogen fertilizers and ought to search out the items of those farmers that do not utilize fertilizers for their crop. The business might also invest in lowering greenhouse gas emissions worldwide. The business could use renewable energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich items.
In addition to the ecological expenses there are specific social costs connected with the food and beverage market which should be addressed by the huge food and drink companies to attain the industry growth and to prevent the criticism from the environmental neighborhoods. Social costs connected with the market consists of the increasing health problems related to weight problems, heart problem, diabetes etc. The giant companies could play an useful role in resolving these concerns.
The business might move towards healthier products by decreasing the amount of hazardous compounds in their processed foods i.e. dioxin, which could result in deadly human illness. Along with it, the business must utilize more healthy ingredients instead of derivatives of Corn and Soy to increase variety of calories from their items. The business might also do efforts to move customer tastes towards healthy products as they have actually managed the customer taste for few years. In this method the giant food and drink business could play a constructive role in attending to social and eco-friendly expenses connected to the market.
Evaluation of Sustainability at J.C. Penneys Fair And Square Strategy Case Study Help
There was a possible shift in the business technique and goals at Case Study Solution. The brand-new CEO was focused on investing in healthier items for accomplishing sustainable growth for the company together with offering much healthier future for the people and the planet both. Under the brand-new vision, the slogan of the business was also altered from the "fun for you" to "much better for you".
The company revealed specific goals and dedications related to human sustainability and the environmental sustainability. J.C. Penneys Fair And Square Strategy Case Study Solution acquired Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy drinks and organic drinks to introduce various healthier products in its portfolio. However, despite of being considered a Case Study Analysis's healthy brand name, the items of Quake Oats included numerous active ingredients which were hazardous to health. These harmful ingredients were not advertised which have become the base for criticism over the healthy brands of J.C. Penneys Fair And Square Strategy Case Study Analysis.
Along with the inculcation of healthy brand names in its portfolio through acquisitions, J.C. Penneys Fair And Square Strategy Case Study Help has actually taken certain sustainability steps for its market places. One of major examples in this regard is the Business's marketing method related to schools. The company markets just low calories and nutritious beverages choices in schools.
Another step taken by Case Study Help towards human sustainability is the shift of its focus towards research study and advancement for presenting new and healthy items in its portfolio. The business has actually increased its research study and development spending plan and has actually introduced an army of health scientists to create particular healthy items.
In this regard, the company devoted to decrease its packaging by millions of tones to prevent high amount of wastes. The company has actually devoted to minimize greenhouse gas emissions along with the accomplishment of performance in the energy use.
On the basis of above analysis, it could be determined that the business has actually taken a number of actions towards human and environmental sustainability. However these actions are still not enough to attain the preferred commercial development and to reduce the criticism over the social obligation of J.C. Penneys Fair And Square Strategy Case Study Help.
Particular long term tactical options could be derived for the business on the basis of above analysis. These options can be examined on the basis of the fact that how the option would enable the business to accomplish its goal of prospective growth and reduce the criticism over the company. 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 cost and dangers related to the alternative
Alternative-1: introduction of a New Line of product Related to Healthy Foods and Beverages
The first step that J.C. Penneys Fair And Square Strategy Case Study Solution might take is to present a brand-new item line related to healthy food and drinks. The company must present a wide range of healthier products by using its considerable research study and advancement expenditures.
• Ability to target large number of customers i.e. health mindful customers.
• Decrease of the criticism of ecological concerned societies and community advancement organizations.
• Satisfaction of the social responsibility by settlement of the dangerous products with healthy items.
• Might be executed within few years i.e. 3 to 5 years.
• Risk of failure of the brand-new products in the market i.e. consumers might not like the taste and may not accept the much healthier items due to the addictive nature of dangerous items.
• The hazardous products in the product portfolio may make the incorporation of healthy items fail to lower criticism.
• Huge cost of research and development required to build brand-new healthy items.
Alternative-2: High level Acquisition of Health related Business
Another alternative choice to accomplish the possible growth and minimize the criticism is to obtain the health related companies at a high level. Financial investment in these kind of business would permit J.C. Penneys Fair And Square Strategy Case Study Help to present a large variety of healthier items within a short time duration without any requirement of significant research study and advancement expenditures. The pros and cons related to alternative 3 are offered listed below:
• Conserving of huge quantity of research study and advancement costs for new product development.
• Incorporation of brand-new products within two years.
• Ability to target large number of customers i.e. health conscious consumers.
• Decrease of the criticism of environmental worried societies and community development companies.
• Satisfaction of the social obligation by payment of the dangerous products with healthy products.
• The acquisition may not prove to alter the image of J.C. Penneys Fair And Square Strategy Case Study Solution as in case of Quaker Oats.
• Requirement of substantial amount of capital.
• Threat of failure of the brand-new products in the market i.e. customers may not like the taste and might decline the much healthier products due to the addicting nature of harmful items.
• The harmful products in the item portfolio may make the incorporation of healthy products fail to minimize criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for J.C. Penneys Fair And Square Strategy Case Study Solution is to change all of its dangerous products with healthier products. This might be a huge shift in the business method and business model at company. The replacement of dangerous items with much healthier items would entirely change the market position of the company and would need a large number of needed steps to be taken. The benefits and drawbacks related to alternative 3 are offered below:
• Modification of market position of J.C. Penneys Fair And Square Strategy Case Study Help
• Ability to target a great deal of customers i.e. health mindful customers.
• End of all of the criticism of ecological concerned societies and community development companies.
• Satisfaction of the social duty
• Threat of failure of the brand-new products in the market i.e. customers may not like the taste and might decline the healthier products due to the addicting nature of harmful items.
• Substantial cost of research study and development required to construct new healthy items.
• Staff member may resist over the change in the business model and service strategy.
• Number of years needed for the execution.
• Shift of focus from the core competencies.
With the deep analysis of the business's CSR, issues dealt with by the business and the current industry situation, Case Study Solution is advised to think about alternative 2 of high level of acquisition of health associated business. As the acquisitions would allow the business to save of huge amount of research and advancement expenses for new item advancement. Along with it, acquisitions would permit incorporation of new products within 2 years along with the ability to target big number of customers.
This J.C. Penneys Fair And Square Strategy case study is writen by : Elie Ofek
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