Rana Plaza Workplace Safety In Bangladesh (B) Case Study Help
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 >> Rana Plaza Workplace Safety In Bangladesh (B)
Rana Plaza Workplace Safety In Bangladesh (B) Case Analysis
Rana Plaza Workplace Safety In Bangladesh (B) Case Study Analysis is a widely known name of a New york city based, world's leading organization in the food and drink industry. Case Study Analysis is a leading brand in practical treats, foods and drinks with its existence in about 200 nations. Major brands of the company consist of; Pepsi-Cola, Frito-Lay, Tropicana, Quake and Gatorade. The core competitive benefit of the business is its capability to market the product at everywhere locations. The business is doing efforts to make item development as its new source of competitive advantage.
The report contains a deep analysis of numerous elements of the social duties of significant business in the food and beverage industry in basic, and business in specific. The report also offers an evaluation of the level of sustainability and CSR in the Rana Plaza Workplace Safety In Bangladesh (B) Case Study Help's service technique along with the determination of how Case Study Help develops value for its customers.
Concerns Recognition
Case Study Analysis had actually taken specific important actions relating to the ecological impacts of its items, however, these actions are not enough to end up the criticism over the business's obligation towards social and ecological issues. This is needed to take certain tactical steps to alter the market position of its particular famous brands and present Case Study Analysis as a business producing healthy products in the market. In this regard, business and other food and beverage companies need to utilize their power to move the consumer taste towards much healthier items to remove the constraints in the growth of food industry.
Important Analysis
For the few years, consumer food patterns have actually been altered significantly. The shift from the use of health food to produced food has extremely impacted the health of the customers. Despite of the discovery of modern health techniques, the general health of people in few years have been extremely impacted. Presently about 1 billion of the people In United States are overweight and a minimum of 300 countless them have obesity. Kids also dealing with the issue of weight problems. The ratios of obesity in 1980s are quite various from the present ratios. Despite of discovery of health strategies and contemporary methods to control obesity and other diseases, the ratio of obesity has actually been doubled form the level of 1980. All of the information related to the health concerns with the incorporation of produced food in the market discuss the prevalence of the health issues connected to food system. These problems are indirectly the result of numerous practices of the food and drink companies for creating value for their customers.
Worth Creation at Rana Plaza Workplace Safety In Bangladesh (B) Case Study Analysis
Rana Plaza Workplace Safety In Bangladesh (B) Case Study Analysis being a huge business in the food and beverage market, supplies high worth to its consumers by different means. Case Study Help has a competitive benefit in providing its items far and broad worldwide. The business is provided in about 200 nations with a large number of popular worldwide brands.
Moreover, the company develops worth for its customers by means of offering a great deal of yummy foodstuff consisting of salt, fat and sugar, which are the components that are straight connected with the emotional core of the consumer's brain. The Rana Plaza Workplace Safety In Bangladesh (B) Case Study Analysis along with other huge food and beverages companies produce value for its consumers by manipulating these components in its items. Case Study Help in addition to other huge business has an interest in finding ways to increase the customer worth from its items through making use of the vulnerability.
In addition to it, the business likewise produces worth by ways of incorporating the healthy point in its items. The business has actually done certain efforts in order to offer healthy products and decrease the share of Rana Plaza Workplace Safety In Bangladesh (B) Case Study Solution in overall ecological destruction. Case Study Help has actually taken specific steps connected to the sustainability of individuals and environment consisting of the 2009 statement of the ambitious objectives and commitments related to Case Study Help products, marketplace and the neighborhood.
All of these ways have been successful at developing worth for the Case Study Analysis consumers. Increasing health related concerns have actually raised the criticism for Case Study Help.
Useful Role of Major Food and Drink Business in Addressing Social and Ecological Expenses Connected With the Industry
Major food and drink companies including Rana Plaza Workplace Safety In Bangladesh (B) Case Study Solution etc. can play an useful function in dealing with social and eco-friendly expenses associated with the industry. The environmental expenses related to food and beverage industry consist of the ecological devastation due to the increase of nitrogen which has led to 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 huge risk to the existence of humankind in future.
Significant reason for these ecological changes is mass usage of nitrogen abundant fertilizers and the active ingredients by the food and drink companies. Food and beverage business need to play a positive function in resolving these concerns to eliminate their growth restraints related to the criticism from the environmental neighborhoods.
In order to address these issues, the business might either reduce their usage of nitrogen rich ingredients or take certain actions to minimize the amount of nitrogen in the total environment. The business must prevent use of nitrogen fertilizers and should locate the items of those farmers that do not utilize fertilizers for their crop. Moreover, the companies might likewise purchase decreasing greenhouse gas emissions worldwide. For instance, the companies could utilize renewable resource sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich items.
Together with the ecological costs there are specific social expenses related to the food and drink market which need to be attended to by the giant food and beverage business to attain the industry growth and to prevent the criticism from the ecological communities. Social expenses related to the industry includes the increasing health concerns associated with obesity, heart disease, diabetes etc. Nevertheless, the giant companies could play an useful role in addressing these issues.
The business might move towards more healthy products by minimizing the quantity of hazardous compounds in their processed foods i.e. dioxin, which could lead to deadly human diseases. In addition to it, the business must utilize more healthy components instead of derivatives of Corn and Soy to increase variety of calories from their products. The business might also do efforts to shift consumer tastes towards healthy items as they have actually controlled the customer taste for few decades. In this way the huge food and drink companies could play a constructive role in dealing with social and ecological expenses connected to the industry.
Assessment of Sustainability at Rana Plaza Workplace Safety In Bangladesh (B) Case Study Solution
There was a potential shift in the corporate strategy and goals at Case Study Help. The new CEO was concentrated on buying healthier products for accomplishing sustainable growth for the business together with supplying healthier future for the people and the world both. Under the brand-new vision, the slogan of the company was also changed from the "fun for you" to "better for you".
Human Sustainability
business got Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and natural beverages to present numerous much healthier products in its portfolio. Despite of being considered a Case Help's healthy brand name, the products of Quaker Oats consisted of a number of components which were hazardous to health.
In addition to the inculcation of healthy brands in its portfolio through acquisitions, Rana Plaza Workplace Safety In Bangladesh (B) Case Study Solution has actually taken specific sustainability actions for its market places. Among significant examples in this regard is the Business's marketing method associated to schools. The company markets just low calories and healthy beverages options in schools.
Another step taken by Case Study Analysis towards human sustainability is the shift of its focus towards research study and development for presenting new and healthy items in its portfolio. The company has increased its research study and development spending plan and has presented an army of health scientists to develop particular healthy items.
Environmental Sustainability
In this regard, the business committed to reduce its product packaging by millions of tones to prevent high quantity of wastages. The business has devoted to lower greenhouse gas emissions along with the accomplishment of performance in the energy use.
On the basis of above analysis, it could be identified that the business has actually taken numerous steps towards human and ecological sustainability. Nevertheless these actions are still not enough to accomplish the wanted commercial development and to decrease the criticism over the social duty of Rana Plaza Workplace Safety In Bangladesh (B) Case Study Help.
Alternatives
Particular long term tactical alternatives could be obtained for the business on the basis of above analysis. These options can be assessed on the basis of the fact that how the alternative would make it possible for the company to achieve its goal of prospective growth and minimize the criticism over the business. Additionally, the alternatives could be examined on the basis of the time frame that would be taken by an option to be carried out along with the cost and risks connected to the option
Alternative-1: introduction of a New Product line Related to Healthy Foods and Beverages
The first action that Rana Plaza Workplace Safety In Bangladesh (B) Case Study Help might take is to present a brand-new product line related to healthy food and drinks. The company should introduce a large range of much healthier items by using its substantial research and development expenditures.
Pros:
• Capability to target large number of customers i.e. health mindful customers.
• Reduction of the criticism of ecological worried societies and community development companies.
• Satisfaction of the social duty by settlement of the dangerous products with healthy products.
• Could be executed within few years i.e. 3 to 5 years.
Cons:
• Risk of failure of the brand-new products in the market i.e. consumers may not like the taste and might not accept the much healthier items due to the addictive nature of hazardous items.
• The harmful products in the item portfolio may make the incorporation of healthy items stop working to reduce criticism.
• Substantial expense of research study and advancement needed to build new healthy products.
Alternative-2: High level Acquisition of Health associated Companies
Another alternative choice to achieve the potential development and reduce the criticism is to obtain the health related companies at a high level. Investment in these type of business would permit Rana Plaza Workplace Safety In Bangladesh (B) Case Study Help to introduce a big variety of much healthier items within a brief time period without any requirement of substantial research and development expenditures. The pros and cons related to alternative 3 are given below:
Pros:
• Conserving of huge quantity of research and development costs for new item advancement.
• Incorporation of new items within two years.
• Ability to target a great deal of customers i.e. health mindful consumers.
• Reduction of the criticism of environmental concerned societies and neighborhood development companies.
• Fulfillment of the social duty by compensation of the harmful items with healthy products.
Cons:
• The acquisition might not prove to alter the image of Rana Plaza Workplace Safety In Bangladesh (B) Case Study Solution as in case of Quake Oats.
• Requirement of huge quantity of capital.
• Threat of failure of the new products in the market i.e. consumers might not like the taste and may decline the healthier products due to the addicting nature of hazardous items.
• The dangerous items in the product portfolio may make the incorporation of healthy products fail to reduce criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Rana Plaza Workplace Safety In Bangladesh (B) Case Study Analysis is to replace all of its hazardous products with much healthier items. This could be a huge shift in business method and business design at business. The replacement of dangerous products with healthier products would totally alter the market position of the company and would need a large number of necessary steps to be taken. The advantages and disadvantages connected to alternative 3 are provided listed below:
Pros:
• Change of market position of Rana Plaza Workplace Safety In Bangladesh (B) Case Study Analysis
• Capability to target large number of customers i.e. health mindful consumers.
• End of all of the criticism of environmental concerned societies and community advancement organizations.
• Satisfaction of the social responsibility
Cons:
• Danger of failure of the new items in the market i.e. consumers may not like the taste and might decline the healthier items due to the addicting nature of harmful products.
• Huge cost of research study and development required to construct new healthy products.
• Staff member may withstand over the change in business design and service technique.
• Number of years required for the implementation.
• Shift of focus from the core competencies.
Recommendations
With the deep analysis of the business's CSR, problems faced by the business and the present market situation, Case Study Help is recommended to think about alternative 2 of high level of acquisition of health related companies. As the acquisitions would enable the company to save of substantial amount of research study and advancement expenses for brand-new product advancement. Along with it, acquisitions would allow incorporation of brand-new products within 2 years along with the ability to target large number of customers.
This Rana Plaza Workplace Safety In Bangladesh (B) case study is writen by : John A Quelch
Executive Summary | Swot Analysis | Vrio Analysis | Pestel Analysis |
Porters Analysis | Recommendations |