Chevron Corporation Corporate Image Advertising Case Study Solution
This is not the actual case solution. To get the case solution place your order on the site and contact website support.
Home >> John A Quelch >> Chevron Corporation Corporate Image Advertising
Chevron Corporation Corporate Image Advertising Case Solution
Chevron Corporation Corporate Image Advertising Case Study Analysis is a popular name of a New York based, world's leading organization in the food and beverage market. Case Study Solution is a prominent brand in hassle-free treats, foods and beverages with its presence in about 200 nations. Major brands of the business consist of; Pepsi-Cola, Frito-Lay, Tropicana, Quaker and Gatorade. The core competitive benefit of the company is its ability to market the product at everywhere places. Moreover, 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 obligations of major companies in the food and drink market in general, and business in specific. The report also offers an examination of the level of sustainability and CSR in the Chevron Corporation Corporate Image Advertising Case Study Solution's organisation strategy along with the determination of how Case Study Solution creates worth for its customers.
Issues Recognition
The huge food and drink company was going through a criticism over its obligation towards numerous social and eco-friendly issues including; obesity, cardiovascular disease, ecological devastation and so on. These criticisms lead, to reconsider about the business strategy of Chevron Corporation Corporate Image Advertising Case Study Help. The John A Quelch has understood that the overall society, the lifestyle of people and the people at whole have actually been altered now. In this circumstance with increasing patterns towards healthier items and the increasing environmental concerns, Case Study Solution must change its direction towards much healthier products. company had actually taken particular essential steps regarding the environmental impacts of its products, but, these actions are not enough to end up the criticism over the business's responsibility towards social and eco-friendly concerns. The needed to take certain strategic steps to alter the market position of its certain popular brand names and present Online Case Study Solution as a business producing healthy items in the market. In this regard, Case Study Help and other food and drink business should use their power to move the consumer taste towards much healthier products to get rid of the constraints in the growth of food industry.
Important Analysis
The shift from the usage of natural food to manufactured food has actually highly affected the health of the consumers. All of the data related to the health issues with the incorporation of produced food in the market explain the prevalence of the health concerns related to food system. These concerns are indirectly the outcome of various practices of the food and beverage business for producing value for their customers.
Worth Development at Chevron Corporation Corporate Image Advertising Case Study Help
Chevron Corporation Corporate Image Advertising Case Study Help being a giant business in the food and drink market, offers high value to its consumers by numerous methods. Value development in the food and drink industry is done through 2 methods i.e. taste and schedule of the item. Case Study Help has a competitive advantage in offering its products far and wide internationally. Its marketing ability makes it able to target a big base of customers. The business exists in about 200 nations with a a great deal of famous worldwide brands. The everywhere existence of the company products provides high worth to consumers.
Additionally, the company develops worth for its customers by ways of providing a great deal of yummy foodstuff consisting of salt, fat and sugar, which are the components that are directly connected with the psychological core of the customer's brain. The Chevron Corporation Corporate Image Advertising Case Study Solution together with other giant food and drinks business develop value for its consumers by manipulating these components in its products. Case Study Analysis along with other giant companies has an interest in discovering methods to increase the customer worth from its items through exploiting the vulnerability.
Along with it, the business likewise creates value by means of including the healthy point in its items. The business has done particular efforts in order to supply healthy products and minimize the share of Chevron Corporation Corporate Image Advertising Case Study Analysis in general ecological destruction. Case Study Help has actually taken specific actions connected to the sustainability of individuals and environment including the 2009 announcement of the ambitious goals and dedications connected to Case Study Help products, marketplace and the neighborhood.
All of these ways have actually succeeded at developing value for the company customers. These ways have also lead to the increased environmental concerns and the criticism over the business's role in increasing health and ecological difficulties. The incorporation of active ingredients like salt, fat and sugar in the company products for developing consumer value deals with high quantity of criticism. These components are the main reason for particular fatal illness in human including obesity, diabetes, heart problem and so on. Increasing health related issues have actually raised the criticism for Chevron Corporation Corporate Image Advertising Case Study Help.
Positive Role of Major Food and Beverage Business in Addressing Social and Ecological Expenses Connected With the Market
Undoubtedly, significant food and drink business including company, and so on can play a constructive role in attending to social and eco-friendly costs connected with the market. The eco-friendly costs related to food and beverage industry include the environmental destruction due to the increase of nitrogen which has actually resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors results in environmental devastation which might be a big hazard to the presence of humanity in future.
Significant reason for these environmental changes is mass use of nitrogen rich fertilizers and the components by the food and beverage companies. Food and beverage companies must play a positive role in dealing with these problems to remove their growth restrictions related to the criticism from the ecological neighborhoods.
The business must avoid usage of nitrogen fertilizers and should browse out the items of those farmers that do not use fertilizers for their crop. The business could use eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich products.
Together with the environmental costs there are particular social expenses associated with the food and beverage market which should be resolved by the huge food and beverage business to accomplish the market development and to prevent the criticism from the ecological neighborhoods. Social expenses related to the industry consists of the increasing health problems associated with weight problems, cardiovascular disease, diabetes etc. Nevertheless, the huge business could play an useful role in resolving these concerns.
The business might move towards more healthy products by lowering the quantity of poisonous compounds in their processed foods i.e. dioxin, which might result in lethal human illness. The business might also do efforts to move customer tastes towards healthy items as they have actually managed the consumer taste for couple of decades.
Evaluation of Sustainability at Chevron Corporation Corporate Image Advertising Case Study Analysis
There was a possible shift in the business strategy and goals at Case Study Analysis. The new CEO was concentrated on investing in healthier items for attaining sustainable growth for the business in addition to offering healthier future for individuals and the world both. Under the new vision, the slogan of the company was likewise altered from the "fun for you" to "much better for you".
Human Sustainability
business got Quaker Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy beverages and natural beverages to introduce different healthier items in its portfolio. Despite of being considered a Case Solution's healthy brand name, the items of Quaker Oats consisted of several ingredients which were dangerous to health.
In addition to the inculcation of healthy brand names in its portfolio through acquisitions, Chevron Corporation Corporate Image Advertising Case Study Solution has taken certain sustainability actions for its market places. Among major examples in this regard is the Business's marketing technique associated to schools. The business markets just low calories and healthy drinks choices in schools.
Another step taken by Case Study Solution 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 business has increased its research and development budget and has actually introduced an army of health scientists to create specific healthy items.
Ecological Sustainability
In this regard, the business dedicated to lower its product packaging by millions of tones to prevent high quantity of wastages. The company has actually committed to lower greenhouse gas emissions along with the accomplishment of effectiveness in the energy usage.
On the basis of above analysis, it could be determined that the business has taken several steps towards human and environmental sustainability. These steps are still not sufficient to accomplish the wanted industrial development and to reduce the criticism over the social responsibility of Case Study Help.
Alternatives
Specific long term strategic alternatives might be derived for the company on the basis of above analysis. These alternatives can be assessed on the basis of the reality that how the option would allow the company to accomplish its objective of possible growth and reduce the criticism over the company. The alternatives might be examined on the basis of the time frame that would be taken by an alternative to be executed along with the cost and dangers related to the option
Alternative-1: introduction of a New Line of product Related to Healthy Foods and Beverages
The first step that Chevron Corporation Corporate Image Advertising Case Study Solution could take is to introduce a new product line connected to healthy food and beverages. The business has currently presented certain heath related brands, but, the number of these brand names in its portfolio is not potential to reduce the criticism and accomplish possible growth. For that reason, the company should introduce a vast array of healthier items by utilizing its substantial research study and development expenses. The pros and cons connected to the introduction of a healthy product line in the portfolio are given listed below:
Pros:
• Ability to target large number of customers i.e. health mindful consumers.
• Decrease of the criticism of environmental worried societies and community advancement companies.
• Fulfillment of the social duty by payment of the hazardous products with healthy items.
• Could be executed within couple of years i.e. 3 to 5 years.
Cons:
• Threat of failure of the brand-new items in the market i.e. customers might not like the taste and may not accept the much healthier items due to the addicting nature of dangerous items.
• The dangerous products in the product portfolio might make the incorporation of healthy products stop working to minimize criticism.
• Substantial cost of research and advancement required to construct new healthy items.
Alternative-2: High level Acquisition of Health associated Business
Another alternative option to accomplish the prospective growth and decrease the criticism is to acquire the health related business at a high level. Financial investment in these kind of companies would allow Chevron Corporation Corporate Image Advertising Case Study Help to present a big variety of much healthier items within a brief time duration with no need of significant research study and development expenses. The advantages and disadvantages associated with alternative 3 are provided listed below:
Pros:
• Saving of big quantity of research and advancement costs for new product development.
• Incorporation of brand-new items within two years.
• Capability to target a great deal of consumers i.e. health conscious consumers.
• Decrease of the criticism of environmental concerned societies and community development companies.
• Satisfaction of the social obligation by settlement of the hazardous products with healthy products.
Cons:
• The acquisition might not prove to alter the image of Chevron Corporation Corporate Image Advertising Case Study Help as in case of Quake Oats.
• Requirement of substantial quantity of capital.
• Danger of failure of the new items in the market i.e. consumers may not like the taste and may not accept the healthier items due to the addicting nature of hazardous products.
• The dangerous products in the item portfolio might make the incorporation of healthy items fail to reduce criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative option for Chevron Corporation Corporate Image Advertising Case Study Help is to replace all of its hazardous items with healthier products. This could be a huge shift in business strategy and the business model at company. The replacement of dangerous items with much healthier items would completely alter the marketplace position of the business and would require a a great deal of essential steps to be taken. The benefits and drawbacks related to alternative 3 are offered below:
Pros:
• Modification of market position of Chevron Corporation Corporate Image Advertising Case Study Help
• Ability to target a great deal of consumers i.e. health conscious consumers.
• End of all of the criticism of ecological worried societies and neighborhood development companies.
• Fulfillment of the social obligation
Cons:
• Risk of failure of the brand-new items in the market i.e. customers may not like the taste and may decline the much healthier products due to the addicting nature of dangerous items.
• Big cost of research and advancement needed to construct new healthy items.
• Worker may resist over the modification in the business design and organisation technique.
• Number of years required for the application.
• Shift of focus from the core competencies.
Recommendations
With the deep analysis of the company's CSR, concerns faced by the company and the present market circumstance, Chevron Corporation Corporate Image Advertising Case Study Solution is recommended to consider alternative 2 of high level of acquisition of health related business. As the acquisitions would enable the business to conserve of huge amount of research and advancement expenses for brand-new item advancement. In addition to it, acquisitions would permit incorporation of new products within 2 years in addition to the capability to target a great deal of customers. The acquisitions would result in the decrease of the criticism from the concerned organizations.However, the option would need huge quantity of financial investment funds. Furthermore, the organizations may not have the ability to lower the criticism. With a careful analysis of the acquisition with an aggressive marketing projects, company could show to be successful in attaining the targets.
This Chevron Corporation Corporate Image Advertising case study is writen by : John A Quelch
Executive Summary | Swot Analysis | Vrio Analysis | Pestel Analysis |
Porters Analysis | Recommendations |