Jc Penneys Fair And Square Pricing Strategy Case Study Solution
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Jc Penneys Fair And Square Pricing Strategy Case Help
Jc Penneys Fair And Square Pricing Strategy Case Study Solution is a widely known name of a New York based, world's leading organization in the food and drink market. Case Study Solution is a leading brand in practical treats, foods and drinks with its presence in about 200 countries. Major brand names of the business consist of; Pepsi-Cola, Frito-Lay, Tropicana, Quake and Gatorade. The core competitive advantage of the business is its capability to market the item at far and wide places. The business is doing efforts to make item advancement as its brand-new source of competitive advantage.
The report includes a deep analysis of various elements of the social obligations of significant companies in the food and drink market in general, and Case Help in specific. It also provides an analysis of the growing health and ecological problems including obesity, heart problem, environmental destruction etc. in the Western nations and the function of the companies in the food and drink market to resolve these issues. The report likewise offers an assessment of the degree of sustainability and CSR in the Jc Penneys Fair And Square Pricing Strategy Case Study Help's company strategy along with the determination of how Case Study Help develops worth for its consumers. Furthermore, the report likewise offers certain strategic alternatives for Case Help to incorporate the criticism over its social responsibility with particular suggestions and an execution plan.
The huge food and drink company was going through a criticism over its responsibility towards various social and environmental concerns including; weight problems, heart problem, ecological destruction and so on. These criticisms lead, to reassess about the business strategy of Jc Penneys Fair And Square Pricing Strategy Case Study Help. The Elie Ofek has actually realized that the total society, the lifestyle of individuals and individuals at whole have been changed now. In this circumstance with increasing trends towards healthier products and the increasing ecological concerns, Case Study Solution should alter its instructions towards much healthier items. Although, Case Study Analysis had actually taken specific crucial actions concerning the ecological impacts of its products, but, these steps are inadequate to end up the criticism over the company's duty towards social and eco-friendly issues. The required to take certain strategic steps to change the market position of its certain famous brands and present Online Case Study Help as a company producing healthy items in the market. In this regard, Case Study Solution and other food and beverage companies need to use their power to move the customer taste towards healthier products to get rid of the restrictions in the development of food industry.
The shift from the usage of natural food to made food has extremely affected the health of the consumers. All of the data related to the health issues with the incorporation of manufactured food in the market describe the prevalence of the health problems related to food system. These problems are indirectly the outcome of different practices of the food and beverage business for developing worth for their consumers.
Value Production at Jc Penneys Fair And Square Pricing Strategy Case Study Analysis
Jc Penneys Fair And Square Pricing Strategy Case Study Solution being a huge business in the food and beverage market, offers high value to its consumers by various methods. Value creation in the food and drink industry is done through 2 ways i.e. taste and availability of the item. Case Study Analysis has a competitive advantage in providing its products far and wide worldwide. Its marketing capability makes it able to target a big base of consumers. The business exists in about 200 nations with a a great deal of famous global brands. The everywhere presence of the company items provides high worth to customers.
The company creates worth for its consumers by means of offering big number of tasty food products including salt, fat and sugar, which are the components that are straight connected with the psychological core of the consumer's brain. The Jc Penneys Fair And Square Pricing Strategy Case Study Help along with other giant food and beverages business create worth for its consumers by manipulating these components in its items. Case Study Analysis together with other giant companies is interested in finding methods to increase the consumer worth from its products through exploiting the vulnerability.
In addition to it, the company likewise produces worth by methods of including the healthy point in its products. The company has done particular efforts in order to offer healthy products and decrease the share of Jc Penneys Fair And Square Pricing Strategy Case Study Analysis in total ecological devastation. Case Study Analysis has actually taken particular steps connected to the sustainability of people and environment consisting of the 2009 announcement of the ambitious objectives and commitments connected to Case Study Analysis items, market and the community.
All of these means have succeeded at producing worth for the company customers. These ways have likewise lead to the increased ecological issues and the criticism over the business's function in increasing health and ecological difficulties. The incorporation of components like salt, fat and sugar in the company products for creating customer value faces high quantity of criticism. These components are the primary reason for particular fatal illness in human including obesity, diabetes, heart problem etc. Increasing health associated issues have raised the criticism for Jc Penneys Fair And Square Pricing Strategy Case Study Solution.
Useful Function of Major Food and Drink Companies in Attending To Social and Ecological Costs Connected With the Industry
Certainly, significant food and drink business consisting of business, and so on can play a constructive role in resolving social and ecological expenses related to the industry. The environmental costs associated with food and drink industry include the environmental destruction due to the influx of nitrogen which has actually 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 devastation which might be a huge risk to the presence of humankind in future.
Significant cause of these ecological modifications is mass use of nitrogen rich fertilizers and the active ingredients by the food and drink business. For that reason, food and drink companies need to play a constructive function in dealing with these concerns to eliminate their development restrictions related to the criticism from the ecological communities.
The business should prevent usage of nitrogen fertilizers and should search out the products of those farmers that do not use fertilizers for their crop. The business might use renewable energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich items.
Along with the ecological expenses there are particular social costs related to the food and drink industry which need to be attended to by the giant food and beverage companies to accomplish the industry development and to avoid the criticism from the environmental communities. Social expenses connected with the industry includes the increasing health problems associated with weight problems, heart disease, diabetes etc. Nevertheless, the giant business could play a positive role in dealing with these concerns.
The companies might move towards healthier products by reducing the quantity of toxic substances in their processed foods i.e. dioxin, which could result in fatal human illness. Along with it, the companies need to use more nutritious active ingredients rather than derivatives of Corn and Soy to increase number of calories from their items. The business could likewise do efforts to shift customer tastes towards healthy items as they have controlled the customer taste for few decades. In this way the huge food and drink business might play an useful function in addressing social and ecological costs associated with the market.
Evaluation of Sustainability at Jc Penneys Fair And Square Pricing Strategy Case Study Help
There was a potential shift in the corporate technique and objectives at Case Study Solution. The brand-new CEO was concentrated on purchasing healthier items for attaining sustainable development for the company together with providing healthier future for individuals and the world both. Under the brand-new vision, the slogan of the company was likewise changed from the "enjoyable for you" to "better for you".
business got Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and natural drinks to introduce various healthier products in its portfolio. Despite of being considered a Case Analysis's healthy brand, the products of Quaker Oats contained several active ingredients which were hazardous to health.
Together with the inculcation of healthy brand names in its portfolio through acquisitions, Jc Penneys Fair And Square Pricing Strategy Case Study Solution has actually taken certain sustainability actions for its market locations. Among significant examples in this regard is the Business's marketing method related to schools. The business markets just low calories and nutritious drinks choices in schools.
Another action taken by Case Study Help towards human sustainability is the shift of its focus towards research study and development for presenting brand-new and healthy items in its portfolio. The company has actually increased its research study and advancement budget plan and has introduced an army of health researchers to design certain healthy products.
In this regard, the business dedicated to decrease its packaging by millions of tones to avoid high quantity of wastes. The company has actually devoted to reduce greenhouse gas emissions along with the accomplishment of effectiveness in the energy usage.
On the basis of above analysis, it could be identified that the company has actually taken a number of steps towards human and ecological sustainability. Nevertheless these steps are still not sufficient to attain the desired commercial growth and to minimize the criticism over the social responsibility of Jc Penneys Fair And Square Pricing Strategy Case Study Help.
Certain long term tactical alternatives could be derived for the company on the basis of above analysis. These alternatives can be examined on the basis of the reality that how the option would enable the business to achieve its objective of prospective development and lower the criticism over the business. Furthermore, the alternatives might be evaluated on the basis of the time frame that would be taken by an alternative to be implemented along with the expense and dangers associated with the alternative
Alternative-1: intro of a New Product line Associated with Healthy Foods and Beverages
The very first step that Jc Penneys Fair And Square Pricing Strategy Case Study Analysis could take is to introduce a brand-new item line related to healthy food and drinks. The business ought to introduce a broad variety of healthier products by using its substantial research and development expenses.
• Capability to target a great deal of customers i.e. health conscious customers.
• Reduction of the criticism of environmental worried societies and community advancement companies.
• Fulfillment of the social obligation by payment of the dangerous products with healthy items.
• Might be implemented within few years i.e. 3 to 5 years.
• Risk of failure of the new products in the market i.e. consumers may not like the taste and might not accept the healthier products due to the addicting nature of dangerous products.
• The hazardous items in the item portfolio may make the incorporation of healthy items stop working to minimize criticism.
• Big cost of research and development needed to construct new healthy items.
Alternative-2: High level Acquisition of Health related Business
Another alternative choice to achieve the prospective development and lower the criticism is to acquire the health related companies at a high level. Financial investment in these kind of companies would allow Jc Penneys Fair And Square Pricing Strategy Case Study Analysis to introduce a big range of healthier items within a short time duration without any need of substantial research and advancement expenses. The pros and cons connected to alternative 3 are provided listed below:
• Conserving of substantial amount of research and advancement costs for brand-new item development.
• Incorporation of new products within 2 years.
• Capability to target large number of consumers i.e. health mindful customers.
• Decrease of the criticism of ecological worried societies and neighborhood development organizations.
• Fulfillment of the social responsibility by payment of the hazardous products with healthy products.
• The acquisition may not show to change the image of Jc Penneys Fair And Square Pricing Strategy Case Study Solution as in case of Quaker Oats.
• Requirement of substantial quantity of capital.
• Danger of failure of the new products 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 items.
• The dangerous products in the item portfolio might make the incorporation of healthy items fail to minimize criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Jc Penneys Fair And Square Pricing Strategy Case Study Solution is to change all of its hazardous items with much healthier products. The replacement of harmful products with healthier products would completely alter the market position of the company and would need a large number of required steps to be taken.
• Modification of market position of Jc Penneys Fair And Square Pricing Strategy Case Study Solution
• Ability to target a great deal of consumers i.e. health mindful customers.
• End of all of the criticism of ecological concerned societies and community advancement companies.
• Fulfillment of the social obligation
• Risk of failure of the new items in the market i.e. consumers might not like the taste and might decline the much healthier products due to the addicting nature of harmful items.
• Substantial expense of research study and development needed to develop new healthy items.
• Staff member might resist over the change in business design and business method.
• Number of years needed for the application.
• Shift of focus from the core proficiencies.
With the deep analysis of the business's CSR, problems dealt with by the company and the existing industry circumstance, Case Study Analysis is advised to think about alternative 2 of high level of acquisition of health related companies. As the acquisitions would allow the company to conserve of substantial amount of research and advancement expenses for new product development. Along with it, acquisitions would allow incorporation of brand-new products within 2 years along with the ability to target big number of consumers.
This Jc Penneys Fair And Square Pricing Strategy case study is writen by : Elie Ofek