Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Help

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Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Solution

Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Help is a well-known name of a New York based, world's leading company in the food and drink industry. company is a prominent brand in practical snacks, foods and drinks with its presence in about 200 countries.

The report consists of a deep analysis of various aspects of the social duties of significant business in the food and drink industry in general, and Case Solution in particular. It also supplies an analysis of the growing health and environmental concerns including obesity, heart problem, environmental destruction and so on in the Western countries and the role of the business in the food and drink industry to address these problems. The report likewise provides an examination of the degree of sustainability and CSR in the Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Solution's service technique together with the determination of how Case Study Analysis develops value for its consumers. The report likewise supplies particular strategic alternatives for company to incorporate the criticism over its social responsibility with specific recommendations and an application plan.

Concerns Recognition

The giant food and drink company was going through a criticism over its responsibility towards different social and ecological concerns including; weight problems, heart problem, environmental devastation etc. These criticisms lead, to reconsider about the business method of Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Help. The Robert S Kaplan has actually realized that the overall society, the way of life of individuals and individuals at whole have been altered now. In this circumstance with increasing trends towards much healthier products and the increasing environmental concerns, Case Study Help ought to alter its direction towards much healthier products. Although, Case Study Solution had actually taken certain important actions regarding the environmental effects of its products, however, these actions are inadequate to end up the criticism over the company's responsibility towards social and ecological concerns. The required to take particular strategic actions to change the market position of its certain well-known brands and present Online Case Study Help as a company producing healthy items in the market. In this regard, Case Study Solution and other food and drink companies need to use their power to move the consumer taste towards much healthier items to get rid of the restraints in the growth of food market.

Crucial Analysis

For the few decades, consumer food patterns have been changed drastically. The shift from making use of health food to manufactured food has actually extremely impacted the health of the customers. Despite of the discovery of modern health strategies, the total health of people in couple of years have been extremely affected. Currently about 1 billion of individuals In United States are overweight and at least 300 countless them have obesity. Kids also facing the problem of obesity. The ratios of weight problems in 1980s are rather different from the current ratios. Despite of discovery of health methods and modern methods to manage 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 issues associated with food system. These problems are indirectly the outcome of different practices of the food and beverage companies for producing value for their consumers.

Worth Development at Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Help

Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Analysis being a huge company in the food and drink market, provides high worth to its customers by different means. Value creation in the food and drink industry is done through 2 methods i.e. taste and availability of the item. Case Study Solution has a competitive advantage in offering its items everywhere internationally. Its marketing ability makes it able to target a big base of consumers. The company exists in about 200 countries with a large number of famous global brand names. The everywhere presence of the company products provides high value to customers.

Additionally, the business develops value for its customers by means of offering a great deal of yummy food products including salt, fat and sugar, which are the ingredients that are directly gotten in touch with the emotional core of the customer's brain. The Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Solution together with other huge food and beverages business produce value for its consumers by manipulating these components in its products. Case Study Solution in addition to other huge business is interested in discovering ways to increase the consumer value from its items through making use of the vulnerability.

In addition to it, the company likewise creates value by methods of including the healthy point in its products. The company has actually done particular efforts in order to supply healthy products and lower the share of Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Help in general environmental devastation. Case Study Analysis has actually taken specific actions related to the sustainability of people and environment consisting of the 2009 statement of the ambitious goals and dedications connected to Case Study Solution items, market and the community.

All of these methods have been effective at developing value for the Case Study Analysis customers. Increasing health related problems have actually raised the criticism for Case Study Help.

Constructive Role of Major Food and Drink Business in Attending To Social and Ecological Expenses Associated with the Industry

Undoubtedly, major food and drink companies consisting of business, etc. can play a positive role in attending to social and ecological costs associated with the industry. The eco-friendly expenses associated with food and drink industry include the environmental devastation due to the influx of nitrogen which has resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors leads to environmental devastation which might be a huge risk to the existence of humanity in future.

Major cause of these environmental changes is mass usage of nitrogen rich fertilizers and the components by the food and drink business. Food and drink business ought to play an useful role in addressing these problems to eliminate their development restrictions related to the criticism from the environmental neighborhoods.

The companies ought to avoid use of nitrogen fertilizers and should browse out the products of those farmers that do not use fertilizers for their crop. The business might utilize eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich items.

Together with the environmental costs there are specific social costs associated with the food and drink market which need to be resolved by the huge food and drink companies to achieve the market development and to prevent the criticism from the ecological communities. Social expenses connected with the market consists of the increasing health problems related to weight problems, heart problem, diabetes and so on. The huge business could play a positive function in addressing these issues.

The business could move towards healthier products by minimizing the amount of hazardous substances in their processed foods i.e. dioxin, which might lead to deadly human illness. In addition to it, the companies should utilize more healthy active ingredients rather than derivatives of Corn and Soy to increase number of calories from their products. The companies could also do efforts to shift consumer tastes towards healthy products as they have managed the customer taste for couple of decades. In this way the giant food and drink companies might play an useful function in attending to social and eco-friendly expenses associated with the market.

Assessment of Sustainability at Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Help

There was a prospective shift in the corporate technique and objectives at Case Study Analysis. The new CEO was focused on buying much healthier products for achieving sustainable development for the company together with offering healthier future for individuals and the planet both. Under the brand-new vision, the slogan of the company was likewise changed from the "enjoyable for you" to "better for you".

Human Sustainability

business obtained Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy drinks and organic drinks to introduce various healthier products in its portfolio. Despite of being thought about a Case Solution's healthy brand name, the items of Quaker Oats contained numerous components which were harmful to health.

Along with the inculcation of healthy brands in its portfolio through acquisitions, Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Help has taken specific sustainability steps for its market places. One of significant examples in this regard is the Business's marketing method related to schools. The company markets just low calories and healthy drinks options in schools.

Another action 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 items in its portfolio. The business has increased its research and development budget and has actually introduced an army of health researchers to create particular healthy items.

Environmental Sustainability

In this regard, the business committed to lower its product packaging by millions of tones to prevent high amount of wastes. The business has actually 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 company has actually taken numerous steps towards human and environmental sustainability. However these actions are still not enough to accomplish the wanted commercial development and to decrease the criticism over the social duty of Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Solution.

Alternatives

Particular long term tactical options could be obtained for the company on the basis of above analysis. These options can be examined on the basis of the truth that how the option would make it possible for the business to achieve its objective of prospective growth and reduce the criticism over the company. Moreover, the options might be assessed on the basis of the time frame that would be taken by an option to be carried out along with the expense and dangers related to the option

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

The initial step that Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Analysis might take is to introduce a new product line associated with healthy food and drinks. The company has already introduced specific heath related brand names, but, the number of these brand names in its portfolio is not possible to reduce the criticism and accomplish prospective development. For that reason, the company must introduce a large range of healthier items by using its significant research and development expenditures. The benefits and drawbacks related to the intro of a healthy line of product in the portfolio are given listed below:

Pros:

• Capability to target large number of consumers i.e. health conscious customers.
• Decrease of the criticism of ecological concerned societies and neighborhood development companies.
• Fulfillment of the social responsibility by payment of the hazardous items with healthy items.
• 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. consumers might not like the taste and may not accept the healthier products due to the addictive nature of dangerous products.
• The hazardous products in the item portfolio may make the incorporation of healthy items stop working to decrease criticism.
• Big cost of research study and advancement needed to develop brand-new healthy items.

Alternative-2: High level Acquisition of Health related Companies

Another alternative option to attain the possible growth and lower the criticism is to get the health related companies at a high level. Investment in these kind of companies would permit Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Solution to introduce a large variety of healthier products within a brief time duration with no need of substantial research and development expenses. The benefits and drawbacks connected to alternative 3 are given listed below:

Pros:

• Conserving of big quantity of research and advancement expenses for brand-new item advancement.
• Incorporation of brand-new products within 2 years.
• Ability to target large number of consumers i.e. health mindful customers.
• Reduction of the criticism of environmental concerned societies and neighborhood development companies.
• Fulfillment of the social duty by settlement of the harmful products with healthy products.

Cons:

• The acquisition may not show to change the image of Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Help as in case of Quaker Oats.
• Requirement of big quantity of capital.
• Risk of failure of the new items in the market i.e. customers may not like the taste and might decline the much healthier products due to the addicting nature of hazardous items.
• The dangerous products in the item portfolio may make the incorporation of healthy items fail to lower criticism.

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

Another alternative option for Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Solution is to replace all of its hazardous items with healthier items. The replacement of harmful items with healthier products would totally alter the market position of the company and would require a large number of necessary steps to be taken.

Pros:

• Modification of market position of Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management Case Study Solution
• Ability 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.
• Fulfillment of the social duty

Cons:

• Risk of failure of the brand-new items in the market i.e. consumers may not like the taste and might not accept the healthier products due to the addictive nature of hazardous items.
• Big cost of research and development needed to construct new healthy products.
• Staff member may withstand over the modification in business design and business technique.
• Variety of years required for the execution.
• Shift of focus from the core proficiencies.

Recommendations

With the deep analysis of the company's CSR, problems faced by the business and the current market circumstance, Case Study Analysis is advised to consider alternative 2 of high level of acquisition of health associated companies. As the acquisitions would allow the business to conserve of big quantity of research and advancement costs for brand-new product advancement. Along with it, acquisitions would allow incorporation of new products within 2 years along with the capability to target large number of customers.

This Managing The Multiple Dimensions Of Risk-Part Ii The Office Of Risk Management case study is writen by : Robert S Kaplan

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