Chemical Bank Case Study Analysis
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Chemical Bank Case Help
Chemical Bank Case Study Help is a widely known name of a New York based, world's leading company in the food and beverage industry. company is a prominent brand in hassle-free treats, foods and beverages with its presence in about 200 countries.
The report consists of a deep analysis of numerous elements of the social responsibilities of major business in the food and beverage industry in general, and Case Analysis in particular. It likewise provides an analysis of the growing health and ecological concerns including obesity, heart diseases, environmental devastation etc. in the Western countries and the role of the business in the food and beverage market to deal with these concerns. The report likewise supplies an examination of the level of sustainability and CSR in the Chemical Bank Case Study Help's service strategy in addition to the decision of how Case Study Solution produces worth for its customers. The report also provides certain tactical options for business to include the criticism over its social obligation with specific suggestions and an application plan.
Issues Identification
Case Study Solution had taken particular crucial actions concerning the ecological effects of its items, but, these actions are not enough to end up the criticism over the business's duty towards social and eco-friendly issues. This is needed to take particular strategic actions to change the market position of its certain popular brand names and present Case Study Analysis as a business producing healthy products in the market. In this regard, company and other food and beverage business must use their power to shift the consumer taste towards healthier products to get rid of the restrictions 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 information related to the health issues with the incorporation of manufactured food in the market discuss the occurrence of the health concerns related to food system. These problems are indirectly the outcome of numerous practices of the food and beverage business for developing worth for their consumers.
Worth Production at Chemical Bank Case Study Solution
Chemical Bank Case Study Help being a huge company in the food and beverage industry, supplies high value to its customers by numerous methods. Value creation in the food and drink industry is done through two methods i.e. taste and accessibility of the item. Case Study Analysis has a competitive benefit in supplying its products far and wide worldwide. Its marketing ability makes it able to target a large base of customers. The business exists in about 200 nations with a a great deal of well-known international brand names. The everywhere existence of the company items supplies high worth to consumers.
Furthermore, the business produces value for its customers by ways of offering large number of tasty foodstuff including salt, fat and sugar, which are the ingredients that are directly connected with the psychological core of the customer's brain. The Chemical Bank Case Study Solution in addition to other huge food and drinks companies create worth for its consumers by manipulating these active ingredients in its products. Case Study Analysis together with other huge companies is interested in finding ways to increase the customer worth from its products through exploiting the vulnerability.
Together with it, the company also develops worth by methods of incorporating the healthy point in its products. The company has done particular efforts in order to offer healthy items and decrease the share of Chemical Bank Case Study Analysis in general environmental destruction. Case Study Analysis has actually taken particular actions related to the sustainability of people and environment consisting of the 2009 announcement of the enthusiastic goals and dedications associated with Case Study Analysis items, market and the neighborhood.
All of these ways have actually been successful at producing worth for the business consumers. These means have likewise lead to the increased environmental concerns and the criticism over the business's function in increasing health and ecological challenges. The incorporation of ingredients like salt, fat and sugar in the company items for developing consumer value faces high amount of criticism. These active ingredients are the main reason for specific fatal diseases in human consisting of weight problems, diabetes, heart diseases etc. Increasing health related problems have raised the criticism for Chemical Bank Case Study Analysis.
Constructive Role of Major Food and Beverage Companies in Dealing With Social and Ecological Costs Connected With the Industry
Undoubtedly, major food and beverage business including company, etc. can play an useful role in attending to social and environmental costs associated with the industry. The eco-friendly costs associated with food and beverage industry include the environmental destruction due to the increase of nitrogen which has actually led to 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 big hazard to the existence of humanity in future.
Major cause of these environmental modifications is mass use of nitrogen rich fertilizers and the ingredients by the food and drink companies. Therefore, food and drink business need to play a constructive function in resolving these issues to remove their growth restraints associated with the criticism from the ecological communities.
In order to address these concerns, the business might either minimize their use of nitrogen rich ingredients or take specific steps to minimize the amount of nitrogen in the overall environment. The business should avoid use of nitrogen fertilizers and should search out the items of those farmers that do not use fertilizers for their crop. The companies might also invest in lowering greenhouse gas emissions worldwide. For example, the business might use renewable energy sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich items.
In addition to the environmental expenses there are certain social expenses associated with the food and drink market which need to be attended to by the giant food and drink business to attain the industry growth and to avoid the criticism from the ecological communities. Social costs related to the market includes the increasing health problems connected to weight problems, heart disease, diabetes etc. However, the giant companies might play a positive role in attending to these issues.
The business could move towards more healthy products by minimizing the amount of harmful substances in their processed foods i.e. dioxin, which might result in fatal human illness. Together with it, the companies ought to utilize more healthy ingredients rather than derivatives of Corn and Soy to increase variety of calories from their products. The business could likewise do efforts to move customer tastes towards healthy products as they have controlled the customer taste for couple of decades. In this way the huge food and drink companies could play a constructive role in attending to social and ecological expenses related to the industry.
Examination of Sustainability at Chemical Bank Case Study Analysis
There was a possible shift in the business strategy and objectives at Case Study Solution. The brand-new CEO was concentrated on investing in much healthier products for attaining sustainable growth for the business together with providing healthier future for individuals and the planet both. Under the new vision, the motto of the company was also changed from the "enjoyable for you" to "much better for you".
Human Sustainability
The business announced specific objectives and dedications connected to human sustainability and the environmental sustainability. Chemical Bank Case Study Analysis got Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and natural drinks to introduce numerous healthier items in its portfolio. Despite of being considered a Case Study Solution's healthy brand name, the products of Quake Oats consisted of several ingredients which were hazardous to health. These dangerous active ingredients were not promoted which have become the base for criticism over the healthy brands of Chemical Bank Case Study Analysis.
Along with the inculcation of healthy brands in its portfolio through acquisitions, Chemical Bank Case Study Analysis has taken certain sustainability actions for its market places. One of major examples in this regard is the Company's marketing strategy related to schools. The business markets just low calories and healthy drinks options in schools.
Another step taken by Case Study Analysis towards human sustainability is the shift of its focus towards research and advancement for introducing new and healthy products in its portfolio. The business has increased its research study and development budget and has actually presented an army of health scientists to create particular healthy products.
Ecological Sustainability
In this regard, the company devoted to reduce its packaging by millions of tones to prevent high amount of wastages. The business 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 figured out that the company has actually taken numerous steps towards human and ecological sustainability. These steps are still not adequate to attain the preferred commercial development and to reduce the criticism over the social responsibility of Case Study Solution.
Alternatives
Particular long term tactical options might be obtained for the company on the basis of above analysis. These alternatives can be assessed on the basis of the fact that how the alternative would make it possible for the business to attain its objective of possible growth and reduce the criticism over the business. Furthermore, the alternatives could be examined on the basis of the time frame that would be taken by an alternative to be implemented along with the cost and risks related to the alternative
Alternative-1: introduction of a New Line of product Connected to Healthy Foods and Beverages
The very first step that Chemical Bank Case Study Analysis might take is to introduce a new product line related to healthy food and drinks. The company needs to introduce a wide range of much healthier items by using its significant research and development expenditures.
Pros:
• Ability to target a great deal of customers i.e. health conscious customers.
• Reduction of the criticism of environmental worried societies and neighborhood advancement companies.
• Satisfaction of the social responsibility by compensation of the hazardous products with healthy products.
• Could be implemented within few years i.e. 3 to 5 years.
Cons:
• Risk of failure of the 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 hazardous items.
• The dangerous items in the product portfolio might make the incorporation of healthy items stop working to lower criticism.
• Huge expense of research and advancement needed to build brand-new healthy products.
Alternative-2: High level Acquisition of Health related Companies
Another alternative choice to accomplish the potential growth and reduce the criticism is to acquire the health associated business at a high level. Financial investment in these kind of companies would enable Chemical Bank Case Study Help to introduce a large variety of much healthier products within a short time period without any requirement of significant research study and development expenditures. The advantages and disadvantages associated with alternative 3 are given below:
Pros:
• Saving of huge amount of research study and development costs for new item development.
• Incorporation of brand-new items within two years.
• Ability to target large number of customers i.e. health conscious consumers.
• Decrease of the criticism of ecological worried societies and community development companies.
• Satisfaction of the social obligation by settlement of the hazardous items with healthy products.
Cons:
• The acquisition might not prove to alter the image of Chemical Bank Case Study Solution as in case of Quaker 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 not accept the healthier items due to the addicting nature of hazardous items.
• The hazardous products in the product portfolio may make the incorporation of healthy products fail to lower criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Chemical Bank Case Study Help is to change all of its dangerous products with healthier items. This might be a big shift in the business technique and business model at company. The replacement of harmful products with healthier products would completely alter the market position of the company and would require a a great deal of necessary actions to be taken. The benefits and drawbacks associated with alternative 3 are given below:
Pros:
• Modification of market position of Chemical Bank Case Study Help
• Ability to target a great deal of customers i.e. health mindful customers.
• End of all of the criticism of environmental worried societies and community advancement companies.
• Fulfillment of the social responsibility
Cons:
• Threat 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 addictive nature of harmful items.
• Huge expense of research and development needed to develop new healthy products.
• Staff member might withstand over the change in the business design and organisation technique.
• Variety of years needed for the execution.
• Shift of focus from the core proficiencies.
Recommendations
With the deep analysis of the company's CSR, problems dealt with by the business and the current industry situation, Chemical Bank Case Study Help is advised to think about alternative 2 of high level of acquisition of health associated business. As the acquisitions would enable the company to conserve of substantial amount of research study and advancement costs for brand-new item development. Together with it, acquisitions would permit incorporation of brand-new products within two years along with the ability to target a great deal of consumers. Moreover, the acquisitions would lead to the reduction of the criticism from the worried organizations.However, the option would require substantial quantity of mutual fund. The organizations may not be able to reduce the criticism. However, with a careful analysis of the acquisition with an aggressive marketing campaigns, Chemical Bank Case Study Help might prove to be successful in achieving the targets.
This Chemical Bank case study is writen by : Robert S Kaplan
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