Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution

Home >> John A Quelch >> Rana Plaza Workplace Safety In Bangladesh (A)

Rana Plaza Workplace Safety In Bangladesh (A) Case Solution

Rana Plaza Workplace Safety In Bangladesh (A) Case Study Analysis is a well-known name of a New York based, world's leading organization in the food and beverage industry. business is a prominent brand name in convenient snacks, foods and drinks with its presence in about 200 nations.

The report includes a deep analysis of different aspects of the social obligations of major companies in the food and beverage market in basic, and Case Help in specific. It likewise offers an analysis of the growing health and environmental problems including weight problems, cardiovascular disease, environmental destruction etc. in the Western countries and the function of the business in the food and drink industry to attend to these problems. The report likewise supplies an assessment of the degree of sustainability and CSR in the Rana Plaza Workplace Safety In Bangladesh (A) Case Study Analysis's service method along with the determination of how Case Study Analysis creates worth for its customers. The report also offers certain tactical alternatives for business to include the criticism over its social duty with certain suggestions and an execution strategy.

Issues Recognition

Case Study Help had taken particular essential steps relating to the environmental effects of its items, but, these steps are not enough to end up the criticism over the business's obligation towards social and eco-friendly concerns. This is needed to take particular tactical actions to alter the market position of its particular popular brand names and present Case Study Solution as a company producing healthy products in the market. In this regard, business and other food and drink companies need to use their power to shift the customer taste towards healthier items to get rid of the restrictions in the development of food market.

Crucial Analysis

For the few decades, consumer food patterns have actually been changed significantly. The shift from the use of health food to made food has extremely impacted the health of the customers. Despite of the discovery of modern-day health strategies, the general health of individuals in few decades have been highly affected. Presently about 1 billion of the people In United States are obese and a minimum of 300 countless them have obesity. Children likewise facing the issue of weight problems. The ratios of obesity in 1980s are quite different from the existing ratios. Despite of discovery of health techniques and modern-day ways to control weight problems and other illness, the ratio of weight problems has actually been doubled form the level of 1980. All of the data associated with the health issues with the incorporation of manufactured food in the market discuss the prevalence of the health concerns connected to food system. These problems are indirectly the outcome of numerous practices of the food and drink business for producing value for their consumers.

Worth Production at Rana Plaza Workplace Safety In Bangladesh (A) Case Study Help

Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution being a huge company in the food and beverage market, provides high worth to its clients by numerous means. Value development in the food and beverage industry is done through two ways i.e. taste and accessibility of the item. Case Study Solution has a competitive advantage in providing its products everywhere internationally. Its marketing ability makes it able to target a big base of customers. The company exists in about 200 countries with a a great deal of well-known international brand names. The far and wide presence of the company products supplies high worth to customers.

The company produces value for its customers by means of offering large number of tasty food items consisting of salt, fat and sugar, which are the ingredients that are directly connected with the psychological core of the customer's brain. The Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution along with other giant food and drinks business produce value for its consumers by controling these ingredients in its products. Case Study Help in addition to other giant business has an interest in discovering ways to increase the consumer value from its products through exploiting the vulnerability.

Together with it, the business also creates value by methods of integrating the healthy point in its products. The company has done particular efforts in order to offer healthy items and lower the share of Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution in overall environmental devastation. Case Study Solution has actually taken particular actions associated with the sustainability of individuals and environment including the 2009 announcement of the enthusiastic objectives and dedications related to Case Study Analysis items, marketplace and the neighborhood.

All of these methods have actually succeeded at producing value for the business consumers. These ways have also lead to the increased ecological issues and the criticism over the business's function in increasing health and ecological difficulties. The incorporation of active ingredients like salt, fat and sugar in the business products for producing customer value deals with high amount of criticism. These active ingredients are the primary cause of certain lethal diseases in human including weight problems, diabetes, heart problem and so on. Increasing health related problems have raised the criticism for Rana Plaza Workplace Safety In Bangladesh (A) Case Study Help.

Constructive Role of Major Food and Beverage Business in Resolving Social and Ecological Costs Related To the Market

Major food and beverage companies including Rana Plaza Workplace Safety In Bangladesh (A) Case Study Analysis and so on can play a positive role in attending to social and ecological expenses associated with the market. The ecological expenses related to food and beverage industry consist of the ecological devastation due to the influx of nitrogen which has led to the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors leads to environmental destruction which could be a huge danger to the existence of mankind in future.

Major reason for these environmental changes is mass use of nitrogen abundant fertilizers and the ingredients by the food and drink business. Food and beverage business must play an useful role in dealing with these concerns to eliminate their growth constraints related to the criticism from the environmental neighborhoods.

In order to attend to these problems, the companies could either lower their usage of nitrogen rich ingredients or take particular actions to decrease the amount of nitrogen in the total environment. The business need to avoid use of nitrogen fertilizers and ought to locate the items of those farmers that do not use fertilizers for their crop. The business could likewise invest in lowering greenhouse gas emissions worldwide. For example, the business could use renewable energy sources at their production plant to compensate the greenhouse gas emissions from making use of nitrogen-rich products.

Along with the eco-friendly costs there are specific social expenses associated with the food and beverage industry which need to be attended to by the giant food and beverage business to accomplish the market growth and to avoid the criticism from the ecological communities. Social costs associated with the market consists of the increasing health issues related to weight problems, cardiovascular disease, diabetes etc. The huge business could play a positive role in dealing with these problems.

The companies might move towards more healthy items by reducing the quantity of poisonous substances in their processed foods i.e. dioxin, which might lead to deadly human illness. Along with it, the business ought to utilize more nutritious ingredients rather than derivatives of Corn and Soy to increase variety of calories from their products. The companies could also do efforts to shift consumer tastes towards healthy items as they have managed the consumer taste for few decades. In this way the giant food and beverage business might play a constructive function in dealing with social and eco-friendly costs associated with the industry.

Assessment of Sustainability at Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution

There was a possible shift in the corporate method and objectives at Case Study Help. The brand-new CEO was concentrated on buying healthier items for attaining sustainable development for the business in addition to supplying much healthier future for individuals and the planet both. Under the new vision, the slogan of the company was also altered from the "enjoyable for you" to "much better for you".

Human Sustainability

The business announced certain objectives and dedications connected to human sustainability and the environmental sustainability. Rana Plaza Workplace Safety In Bangladesh (A) Case Study Analysis acquired Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and organic beverages to introduce various much healthier products in its portfolio. Despite of being considered a Case Study Help's healthy brand, the products of Quake Oats included a number of components which were dangerous to health. These hazardous components were not marketed which have become the base for criticism over the healthy brands of Rana Plaza Workplace Safety In Bangladesh (A) Case Study Help.

Along with the inculcation of healthy brand names in its portfolio through acquisitions, Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution has taken certain sustainability steps for its market places. Among significant examples in this regard is the Business's marketing strategy associated to schools. The business markets only low calories and healthy beverages options in schools.

Another action taken by Case Study Help towards human sustainability is the shift of its focus towards research and advancement for presenting new and healthy products in its portfolio. The business has increased its research and development budget and has actually presented an army of health researchers to design certain healthy items.

Environmental Sustainability

In addition to the human sustainability, Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution has actually taken numerous actions towards ecological sustainability. The company has actually devoted to various goals related to water, land, packaging, environment modification and community. In this regard, the business devoted to lower its packaging by millions of tones to avoid high amount of wastes. The company has devoted to decrease greenhouse gas emissions along with the achievement of performance in the energy use. company has likewise tried certain humanitarian activities consisting of a commitment to supply safe drinking water to 3 million people in developing countries by 2015.

On the basis of above analysis, it could be determined that the company has taken several steps towards human and environmental sustainability. These steps are still not enough to attain the preferred industrial growth and to minimize the criticism over the social duty of Case Study Help.

Alternatives

Certain long term tactical alternatives might be obtained for the business on the basis of above analysis. These alternatives can be assessed on the basis of the fact that how the alternative would enable the company to achieve its objective of prospective development and lower the criticism over the company. Furthermore, the options might be examined on the basis of the time frame that would be taken by an option to be implemented in addition to the expense and dangers related to the option

Alternative-1: intro of a New Product line Associated with Healthy Foods and Beverages

The primary step that Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution could take is to present a new product line connected to healthy food and beverages. Although, the company has already introduced certain heath related brands, however, the number of these brand names in its portfolio is not potential to decrease the criticism and attain potential development. The business ought to present a wide variety of healthier products by utilizing its substantial research and advancement expenditures. The advantages and disadvantages related to the introduction of a healthy product line in the portfolio are given below:

Pros:

• Ability to target large number of consumers i.e. health mindful customers.
• Reduction of the criticism of ecological concerned societies and community advancement companies.
• Fulfillment of the social responsibility by settlement of the harmful products with healthy products.
• Could be implemented within few years i.e. 3 to 5 years.

Cons:

• Danger of failure of the new items in the market i.e. consumers might not like the taste and may not accept the much healthier products due to the addicting nature of harmful items.
• The hazardous items in the product portfolio might make the incorporation of healthy items fail to decrease criticism.
• Huge cost of research and development needed to develop brand-new healthy products.

Alternative-2: High level Acquisition of Health related Companies

Another alternative choice to attain the potential growth and minimize the criticism is to obtain the health associated companies at a high level. Financial investment in these kind of business would allow Rana Plaza Workplace Safety In Bangladesh (A) Case Study Solution to present a big range of healthier items within a brief time period with no requirement of considerable research and advancement expenditures. The benefits and drawbacks connected to alternative 3 are offered below:

Pros:

• Saving of big amount of research study and advancement costs for new item advancement.
• Incorporation of new items within two years.
• Ability to target a great deal of consumers i.e. health mindful customers.
• Reduction of the criticism of environmental concerned societies and community development companies.
• Satisfaction of the social duty by settlement of the harmful products with healthy products.

Cons:

• The acquisition may not prove to change the image of Rana Plaza Workplace Safety In Bangladesh (A) Case Study Analysis as in case of Quake Oats.
• Requirement of substantial amount of capital.
• Danger of failure of the brand-new items in the market i.e. customers may not like the taste and may decline the much healthier items due to the addictive nature of harmful products.
• The dangerous items in the item portfolio might make the incorporation of healthy products stop working to minimize criticism.

Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio

Another alternative option for Rana Plaza Workplace Safety In Bangladesh (A) Case Study Help is to replace all of its harmful items with healthier items. The replacement of harmful items with healthier items would completely change the market position of the business and would need a big number of needed actions to be taken.

Pros:

• Modification of market position of Rana Plaza Workplace Safety In Bangladesh (A) Case Study Help
• Ability to target large number of consumers i.e. health conscious consumers.
• End of all of the criticism of ecological worried societies and neighborhood advancement organizations.
• Satisfaction of the social obligation

Cons:

• Threat of failure of the new items in the market i.e. customers may not like the taste and may not accept the much healthier products due to the addictive nature of hazardous items.
• Huge expense of research study and advancement needed to develop new healthy items.
• Staff member might withstand over the modification in the business model and business technique.
• Number of years required for the execution.
• Shift of focus from the core competencies.

Recommendations

With the deep analysis of the business's CSR, concerns faced by the business and the current industry circumstance, Case Study Help is recommended to consider alternative 2 of high level of acquisition of health associated business. As the acquisitions would make it possible for the company to save of big quantity of research and advancement expenses for brand-new product advancement. Along with it, acquisitions would allow incorporation of brand-new items within 2 years along with the capability to target large number of customers.

This Rana Plaza Workplace Safety In Bangladesh (A) case study is writen by : John A Quelch

Executive Summary	Swot Analysis	Vrio Analysis	Pestel Analysis
Porters Analysis	Recommendations