Octone Records Case Study Analysis
This is not the actual case solution. To get the case solution place your order on the site and contact website support.
Home >> Elie Ofek >> Octone Records
Octone Records Case Solution
Octone Records Case Study Analysis is a well-known name of a New york city based, world's leading organization in the food and drink market. Case Study Solution is a leading brand name in practical treats, foods and beverages with its existence in about 200 nations. Significant brands of the business include; Pepsi-Cola, Frito-Lay, Tropicana, Quaker and Gatorade. The core competitive benefit of the business is its capability to market the item at far and wide places. The company is doing efforts to make item development as its brand-new source of competitive advantage.
The report includes a deep analysis of different elements of the social duties of major companies in the food and drink market in general, and Case Analysis in specific. It also provides an analysis of the growing health and environmental concerns including obesity, heart diseases, environmental devastation and so on in the Western countries and the function of the companies in the food and drink market to resolve these concerns. The report likewise supplies an assessment of the degree of sustainability and CSR in the Octone Records Case Study Help's company method along with the decision of how Case Study Solution creates worth for its consumers. Moreover, the report likewise offers specific strategic options for Case Solution to integrate the criticism over its social responsibility with specific suggestions and an execution strategy.
The giant food and beverage company was going through a criticism over its obligation towards different social and eco-friendly problems including; weight problems, heart diseases, ecological destruction and so on. These criticisms lead, to rethink about the corporate method of Octone Records Case Study Solution. The Elie Ofek has actually recognized that the total society, the lifestyle of people and individuals at whole have been changed now. In this scenario with increasing patterns towards much healthier items and the increasing ecological issues, Case Study Help should alter its direction towards healthier products. Although, Case Study Analysis had taken specific important steps relating to 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 environmental concerns. The needed to take specific strategic steps to alter the market position of its specific popular 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 business should use their power to shift the customer taste towards healthier products to remove the restrictions in the development of food industry.
The shift from the usage of natural food to made food has actually extremely affected the health of the customers. All of the data related to the health problems with the incorporation of made food in the market discuss the occurrence of the health concerns related to food system. These issues are indirectly the outcome of numerous practices of the food and beverage companies for creating worth for their customers.
Value Development at Octone Records Case Study Solution
Octone Records Case Study Help being a giant business in the food and beverage industry, provides high worth to its customers by various means. Value production in the food and drink market is done through two methods i.e. taste and accessibility of the item. Case Study Solution has a competitive advantage in providing its items far and wide internationally. Its marketing ability makes it able to target a big base of consumers. The business exists in about 200 countries with a large number of popular global brand names. The everywhere presence of the company products offers high worth to consumers.
Additionally, the business produces worth for its consumers by methods of supplying large number of delicious foodstuff consisting of salt, fat and sugar, which are the active ingredients that are straight gotten in touch with the emotional core of the customer's brain. The Octone Records Case Study Analysis along with other huge food and beverages companies develop value for its customers by controling these components in its products. Case Study Help along with other giant companies is interested in finding ways to increase the consumer value from its items through making use of the vulnerability.
Together with it, the business likewise produces worth by methods of integrating the healthy point in its items. The business has done certain efforts in order to provide healthy products and reduce the share of Octone Records Case Study Analysis in overall ecological devastation. Case Study Solution has actually taken certain actions related to the sustainability of individuals and environment including the 2009 announcement of the ambitious objectives and commitments associated with Case Study Help items, marketplace and the neighborhood.
All of these ways have succeeded at producing worth for the company customers. These methods have also lead to the increased environmental issues and the criticism over the business's role in increasing health and environmental obstacles. The incorporation of ingredients like salt, fat and sugar in the company items for creating consumer worth deals with high amount of criticism. These active ingredients are the primary reason for particular fatal illness in human consisting of weight problems, diabetes, heart diseases and so on. Increasing health related problems have actually raised the criticism for Octone Records Case Study Solution.
Useful Role of Major Food and Beverage Business in Resolving Social and Ecological Costs Related To the Market
Indeed, significant food and drink business consisting of company, etc. can play an useful function in attending to social and ecological expenses connected with the industry. The ecological expenses connected to food and beverage industry include the environmental devastation due to the influx of nitrogen which has resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to environmental destruction which could be a huge risk to the presence of humanity in future.
Major cause of these environmental changes is mass use of nitrogen abundant fertilizers and the active ingredients by the food and drink companies. For that reason, food and drink companies need to play a positive function in resolving these issues to eliminate their development restrictions related to the criticism from the environmental neighborhoods.
In order to deal with these concerns, the companies could either decrease their use of nitrogen rich ingredients or take particular actions to lower the quantity of nitrogen in the general environment. The business need to prevent use of nitrogen fertilizers and need to seek the items of those farmers that do not use fertilizers for their crop. Moreover, the companies could also invest in decreasing greenhouse gas emissions worldwide. The companies might use sustainable energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich products.
In addition to the eco-friendly expenses there are certain social costs related to the food and drink market which should be resolved by the giant food and drink business to attain the industry development and to prevent the criticism from the environmental communities. Social expenses connected with the market consists of the increasing health problems associated with obesity, heart disease, diabetes etc. However, the giant companies could play a constructive role in dealing with these issues.
The business might move towards more healthy products by minimizing the quantity of toxic substances in their processed foods i.e. dioxin, which might result in lethal human diseases. The business might also do efforts to shift customer tastes towards healthy items as they have controlled the customer taste for couple of years.
Assessment of Sustainability at Octone Records Case Study Solution
There was a prospective shift in the business method and objectives at Case Study Help. The new CEO was focused on buying healthier products for attaining sustainable growth for the company along with supplying much healthier future for individuals and the planet both. Under the new vision, the motto of the business was also altered from the "enjoyable for you" to "better for you".
The business revealed certain goals and dedications connected to human sustainability and the environmental sustainability. Octone Records Case Study Analysis got Quaker Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and natural drinks to introduce different much healthier products in its portfolio. Nevertheless, despite of being thought about a Case Study Solution's healthy brand name, the products of Quaker Oats contained numerous components which were hazardous to health. These hazardous components were not marketed which have ended up being the base for criticism over the healthy brands of Octone Records Case Study Solution.
Along with the inculcation of healthy brands in its portfolio through acquisitions, Octone Records Case Study Solution has taken certain sustainability actions for its market places. Among significant examples in this regard is the Company's marketing strategy related to schools. The business markets just low calories and healthy beverages choices in schools.
Another step taken by Case Study Help towards human sustainability is the shift of its focus towards research study and development for introducing new and healthy products in its portfolio. The business has increased its research study and development budget plan and has actually introduced an army of health scientists to develop certain healthy products.
Together with the human sustainability, Octone Records Case Study Help has actually taken numerous steps towards environmental sustainability. The business has actually devoted to different objectives associated with water, land, packaging, environment modification and neighborhood. In this regard, the company dedicated to minimize its product packaging by countless tones to prevent high amount of wastages. The business has actually devoted to minimize greenhouse gas emissions along with the achievement of efficiency in the energy use. company has actually also attempted particular humanitarian activities consisting of 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 figured out that the business has actually taken several actions towards human and ecological sustainability. These steps are still not sufficient to accomplish the desired commercial growth and to minimize the criticism over the social obligation of Case Study Solution.
Certain long term strategic options might be derived for the company on the basis of above analysis. These options can be assessed on the basis of the truth that how the option would make it possible for the company to accomplish its goal of potential growth and lower 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 implemented along with the cost and threats related to the alternative
Alternative-1: intro of a New Product line Connected to Healthy Foods and Beverages
The first step that Octone Records Case Study Solution might take is to present a new item line related to healthy food and beverages. The company ought to introduce a wide variety of healthier items by using its considerable research and development expenditures.
• Ability to target a great deal of customers i.e. health conscious consumers.
• Decrease of the criticism of environmental concerned societies and neighborhood advancement organizations.
• Fulfillment of the social obligation by compensation of the dangerous items with healthy items.
• Might be carried out within couple of 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 dangerous items.
• The dangerous products in the product portfolio might make the incorporation of healthy items fail to reduce criticism.
• Huge expense of research and development required to build brand-new healthy items.
Alternative-2: High level Acquisition of Health related Companies
Another alternative option to attain the prospective growth and lower the criticism is to get the health related business at a high level. Investment in these kind of companies would enable Octone Records Case Study Analysis to present a large variety of healthier products within a short time period with no requirement of significant research and advancement expenditures. The advantages and disadvantages connected to alternative 3 are offered below:
• Conserving of huge amount of research and advancement costs for brand-new item advancement.
• Incorporation of new products within 2 years.
• Capability to target large number of consumers i.e. health conscious customers.
• Reduction of the criticism of environmental concerned societies and community advancement organizations.
• Satisfaction of the social obligation by payment of the dangerous products with healthy products.
• The acquisition might not show to change the image of Octone Records Case Study Help as in case of Quake Oats.
• Requirement of huge quantity of capital.
• Risk of failure of the brand-new items in the market i.e. customers might not like the taste and might decline the much healthier items due to the addictive nature of harmful products.
• The hazardous items in the product portfolio may 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 option for Octone Records Case Study Help is to change all of its dangerous items with much healthier items. The replacement of dangerous items with much healthier items would entirely alter the market position of the business and would require a big number of needed actions to be taken.
• Modification of market position of Octone Records Case Study Help
• Capability to target large number of customers i.e. health mindful consumers.
• End of all of the criticism of environmental worried societies and neighborhood advancement organizations.
• Satisfaction of the social obligation
• Danger of failure of the new products in the market i.e. customers may not like the taste and might decline the healthier items due to the addictive nature of dangerous items.
• Big expense of research and development needed to develop brand-new healthy items.
• Employee may resist over the change in business design and business strategy.
• Number of years needed for the implementation.
• Shift of focus from the core competencies.
With the deep analysis of the business's CSR, concerns faced by the company and the present industry scenario, Case Study Help is recommended to consider alternative 2 of high level of acquisition of health associated business. As the acquisitions would allow the company to conserve of big quantity of research study and advancement costs for brand-new item advancement. Along with it, acquisitions would allow incorporation of brand-new products within two years along with the ability to target large number of consumers.
This Octone Records case study is writen by : Elie Ofek
|Executive Summary||Swot Analysis||Vrio Analysis||Pestel Analysis|