First Commonwealth Financial Corporation Case Study Help
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First Commonwealth Financial Corporation Case Help
First Commonwealth Financial Corporation Case Study Solution is a popular name of a New York based, world's leading organization in the food and drink industry. Case Study Solution is a leading brand name in practical treats, foods and drinks with its presence in about 200 countries. Significant brands of the company include; Pepsi-Cola, Frito-Lay, Tropicana, Quaker and Gatorade. The core competitive benefit of the business is its ability to market the product at everywhere locations. Additionally, the company is doing efforts to make product advancement as its brand-new source of competitive benefit.
The report includes a deep analysis of various aspects of the social obligations of major companies in the food and drink market in basic, and company in particular. The report likewise supplies an assessment of the degree of sustainability and CSR in the First Commonwealth Financial Corporation Case Study Solution's business strategy along with the decision of how Case Study Solution develops value for its consumers.
Issues Recognition
The huge food and drink business was going through a criticism over its duty towards numerous social and ecological problems including; weight problems, heart diseases, environmental devastation and so on. These criticisms lead, to rethink about the business method of First Commonwealth Financial Corporation Case Study Analysis. The Robert S Kaplan has recognized that the general society, the lifestyle of individuals and individuals at whole have been altered now. In this circumstance with increasing trends towards healthier items and the increasing ecological concerns, Case Study Help must change its direction towards healthier items. Although, Case Study Help had taken particular essential actions relating to the environmental effects of its products, however, these steps are not enough to end up the criticism over the business's duty towards social and environmental problems. The required to take specific strategic steps to alter the market position of its particular famous brand names and present Online Case Study Analysis as a business producing healthy products in the market. In this regard, Case Study Solution and other food and beverage companies need to use their power to shift the consumer taste towards healthier products to eliminate the restrictions in the growth of food market.
Vital Analysis
The shift from the use of natural food to made food has extremely impacted the health of the customers. All of the data related to the health issues with the incorporation of manufactured food in the market discuss the frequency of the health problems related to food system. These problems are indirectly the outcome of numerous practices of the food and drink business for developing value for their consumers.
Value Production at First Commonwealth Financial Corporation Case Study Help
First Commonwealth Financial Corporation Case Study Solution being a huge company in the food and beverage market, offers high value to its customers by different means. Value production in the food and drink market is done through two ways i.e. taste and availability of the item. Case Study Solution has a competitive advantage in offering its products everywhere globally. Its marketing ability makes it able to target a big base of consumers. The company is presented in about 200 nations with a large number of famous worldwide brands. The everywhere presence of the company items provides high value to customers.
The company produces worth for its consumers by means of supplying big number of delicious food products consisting of salt, fat and sugar, which are the active ingredients that are directly connected with the emotional core of the customer's brain. The First Commonwealth Financial Corporation Case Study Help in addition to other giant food and drinks business produce worth for its customers by manipulating these ingredients in its products. Case Study Help together 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 company also creates worth by ways of including the healthy point in its items. The business has actually done particular efforts in order to supply healthy items and lower the share of First Commonwealth Financial Corporation Case Study Help in total environmental devastation. Case Study Analysis has taken particular actions associated with the sustainability of people and environment including the 2009 statement of the enthusiastic goals and commitments related to Case Study Analysis items, marketplace and the community.
All of these ways have been successful at developing worth for the Case Study Solution consumers. Increasing health associated issues have actually raised the criticism for Case Study Help.
Useful Role of Major Food and Drink Companies in Attending To Social and Ecological Expenses Associated with the Industry
Significant food and beverage companies consisting of First Commonwealth Financial Corporation Case Study Solution etc. can play an useful role in dealing with social and environmental costs associated with the market. The environmental expenses associated with food and drink market include the environmental destruction due to the influx of nitrogen which has actually resulted in the lowered water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors results in environmental destruction which might be a huge hazard to the existence of mankind in future.
Significant cause of these environmental changes is mass usage of nitrogen rich fertilizers and the active ingredients by the food and beverage companies. Food and drink companies must play an useful role in dealing with these concerns to eliminate their development restraints related to the criticism from the environmental communities.
The business must avoid use of nitrogen fertilizers and ought to search out the products of those farmers that do not utilize fertilizers for their crop. The companies might use sustainable energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich items.
In addition to the ecological expenses there are specific social costs associated with the food and drink industry which should be addressed by the huge food and drink companies to achieve the industry growth and to avoid the criticism from the environmental communities. Social costs connected with the industry includes the increasing health problems connected to obesity, heart disease, diabetes and so on. The giant business might play a constructive function in resolving these problems.
The companies could move towards more healthy products by lowering the quantity of hazardous compounds in their processed foods i.e. dioxin, which might result in lethal human diseases. Together with it, the companies should utilize more healthy ingredients instead of derivatives of Corn and Soy to increase number of calories from their items. The business could likewise do efforts to move customer tastes towards healthy items as they have actually managed the customer taste for few decades. In this method the giant food and drink companies might play a constructive role in addressing social and eco-friendly expenses associated with the market.
Evaluation of Sustainability at First Commonwealth Financial Corporation Case Study Analysis
There was a possible shift in the corporate method and goals at Case Study Analysis. The new CEO was focused on purchasing much healthier products for achieving sustainable development for the business in addition to providing healthier future for the people and the planet both. Under the brand-new vision, the motto of the company was also changed from the "enjoyable for you" to "much better for you".
Human Sustainability
business acquired Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy drinks and natural drinks to introduce various much healthier products in its portfolio. Despite of being thought about a Case Solution's healthy brand, the items of Quake Oats included numerous components which were harmful to health.
Along with the inculcation of healthy brand names in its portfolio through acquisitions, First Commonwealth Financial Corporation Case Study Help has taken specific sustainability steps for its market locations. One of major examples in this regard is the Business's marketing technique associated to schools. The business markets just low calories and nutritious beverages choices in schools.
Another step taken by Case Study Help towards human sustainability is the shift of its focus towards research study and advancement for introducing brand-new and healthy items in its portfolio. The business has actually increased its research study and development budget and has actually presented an army of health scientists to create particular healthy products.
Ecological Sustainability
Together with the human sustainability, First Commonwealth Financial Corporation Case Study Help has taken a number of actions towards environmental sustainability. The company has actually devoted to numerous goals connected to water, land, packaging, climate modification and neighborhood. In this regard, the company devoted to reduce its product packaging by millions of tones to prevent high quantity of wastes. The company has actually devoted to decrease greenhouse gas emissions along with the accomplishment of effectiveness in the energy use. business has actually also tried specific humanitarian activities including a commitment to supply safe drinking water to 3 million individuals in developing nations by 2015.
On the basis of above analysis, it could be determined that the company has actually taken numerous steps towards human and ecological sustainability. Nevertheless these actions are still not sufficient to attain the preferred commercial growth and to reduce the criticism over the social duty of First Commonwealth Financial Corporation Case Study Solution.
Alternatives
Certain long term strategic options might be derived for the company on the basis of above analysis. These options can be examined 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. 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 risks related to the alternative
Alternative-1: introduction of a New Line of product Related to Healthy Foods and Beverages
The first action that First Commonwealth Financial Corporation Case Study Help could take is to introduce a brand-new product line related to healthy food and beverages. The business must introduce a broad range of healthier items by utilizing its considerable research study and advancement expenses.
Pros:
• Capability to target large number of customers i.e. health mindful consumers.
• Decrease of the criticism of environmental worried societies and community development companies.
• Satisfaction of the social obligation by settlement of the dangerous items with healthy products.
• Could be implemented within few years i.e. 3 to 5 years.
Cons:
• Risk of failure of the new products in the market i.e. consumers might not like the taste and might decline the much healthier items due to the addictive nature of dangerous products.
• The hazardous items in the product portfolio might make the incorporation of healthy products stop working to minimize criticism.
• Huge expense of research study and development required to develop brand-new healthy products.
Alternative-2: High level Acquisition of Health related Business
Another alternative choice to accomplish the possible growth and decrease the criticism is to acquire the health related business at a high level. Financial investment in these kind of business would allow First Commonwealth Financial Corporation Case Study Solution to present a big variety of much healthier products within a short time period with no need of substantial research and development expenditures. The advantages and disadvantages associated with alternative 3 are provided below:
Pros:
• Conserving of huge quantity of research study and development expenses for brand-new product development.
• Incorporation of brand-new products within two years.
• Capability to target a great deal of customers i.e. health conscious customers.
• Reduction of the criticism of ecological worried societies and community advancement companies.
• Satisfaction of the social obligation by payment of the dangerous items with healthy items.
Cons:
• The acquisition might not show to change the image of First Commonwealth Financial Corporation Case Study Solution as in case of Quake Oats.
• Requirement of substantial amount of capital.
• Danger of failure of the new products 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 products.
• The dangerous products in the product portfolio might make the incorporation of healthy items stop working to lower criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative option for First Commonwealth Financial Corporation Case Study Solution is to change all of its hazardous products with healthier products. This could be a big shift in the business method and business design at company. The replacement of hazardous items with much healthier products would totally change the market position of the business and would require a large number of essential actions to be taken. The benefits and drawbacks associated with alternative 3 are provided listed below:
Pros:
• Change of market position of First Commonwealth Financial Corporation Case Study Solution
• Capability to target large number of customers i.e. health conscious customers.
• End of all of the criticism of ecological worried societies and community development organizations.
• Fulfillment of the social responsibility
Cons:
• Threat of failure of the brand-new products in the market i.e. consumers might not like the taste and may not accept the healthier products due to the addicting nature of hazardous items.
• Big cost of research and development required to develop new healthy items.
• Staff member may withstand over the modification in the business model and service technique.
• Variety of years required for the application.
• Shift of focus from the core competencies.
Recommendations
With the deep analysis of the company's CSR, issues dealt with by the business and the present industry situation, First Commonwealth Financial Corporation Case Study Solution is recommended to consider alternative 2 of high level of acquisition of health related business. As the acquisitions would allow the company to save of big amount of research and development costs for brand-new item advancement. In addition to it, acquisitions would enable incorporation of brand-new items within two years together with the ability to target a great deal of consumers. Additionally, the acquisitions would lead to the decrease of the criticism from the concerned organizations.However, the alternative would need substantial amount of investment funds. The organizations might not be able to lower the criticism. With a mindful analysis of the acquisition with an aggressive marketing campaigns, company might show to be successful in accomplishing the targets.
This First Commonwealth Financial Corporation case study is writen by : Robert S Kaplan
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