Bracs Microfinance And Social Responsibility Initiatives 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 >> Vivek Gupta >> Bracs Microfinance And Social Responsibility Initiatives
Bracs Microfinance And Social Responsibility Initiatives Case Help
Bracs Microfinance And Social Responsibility Initiatives Case Study Analysis is a widely known name of a New York based, world's leading company in the food and beverage industry. company is a leading brand in practical snacks, foods and beverages with its existence in about 200 nations.
The report consists of a deep analysis of various elements of the social obligations of major companies in the food and drink market in general, and business in particular. The report likewise offers an examination of the degree of sustainability and CSR in the Bracs Microfinance And Social Responsibility Initiatives Case Study Help's organisation technique along with the determination of how Case Study Help produces worth for its consumers.
Problems Recognition
Case Study Solution had taken certain important steps regarding the ecological effects of its products, but, these steps are not enough to end up the criticism over the business's duty towards social and environmental problems. This is needed to take specific strategic steps to alter 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 companies need to use their power to move the consumer taste towards healthier items to get rid of the restrictions in the growth of food industry.
Crucial Analysis
The shift from the use of natural food to manufactured food has actually highly impacted the health of the customers. All of the data related to the health problems with the incorporation of made food in the market describe the occurrence of the health issues related to food system. These concerns are indirectly the outcome of numerous practices of the food and drink companies for developing worth for their customers.
Worth Development at Bracs Microfinance And Social Responsibility Initiatives Case Study Solution
Bracs Microfinance And Social Responsibility Initiatives Case Study Analysis being a giant company in the food and beverage industry, offers high worth to its consumers by numerous means. Worth production in the food and drink industry is done through 2 ways i.e. taste and accessibility of the product. Case Study Solution has a competitive advantage in supplying its products everywhere worldwide. Its marketing ability makes it able to target a large base of customers. The company is presented in about 200 countries with a a great deal of famous worldwide brand names. The everywhere existence of the company products provides high value to customers.
Furthermore, the business produces worth for its customers by methods of supplying large number of tasty food products including salt, fat and sugar, which are the ingredients that are straight gotten in touch with the psychological core of the customer's brain. The Bracs Microfinance And Social Responsibility Initiatives Case Study Solution together with other huge food and drinks business produce worth for its consumers by controling these ingredients in its items. Case Study Solution in addition to other huge companies has an interest in finding ways to increase the consumer worth from its products through making use of the vulnerability.
Together with it, the business likewise creates worth by methods of including the healthy point in its products. The business has done certain efforts in order to provide healthy products and minimize the share of Bracs Microfinance And Social Responsibility Initiatives Case Study Analysis in general environmental destruction. Case Study Analysis has taken specific actions related to the sustainability of people and environment consisting of the 2009 announcement of the enthusiastic objectives and commitments related to Case Study Help products, market and the community.
All of these means have achieved success at creating value for the company customers. These methods have also lead to the increased environmental issues and the criticism over the business's role in increasing health and ecological challenges. The incorporation of components like salt, fat and sugar in the company items for creating consumer value faces high quantity of criticism. These ingredients are the main cause of particular deadly diseases in human including weight problems, diabetes, cardiovascular disease and so on. Increasing health related problems have raised the criticism for Bracs Microfinance And Social Responsibility Initiatives Case Study Solution.
Positive Function of Significant Food and Beverage Business in Addressing Social and Ecological Expenses Connected With the Industry
Significant food and drink companies including Bracs Microfinance And Social Responsibility Initiatives Case Study Solution etc. can play a positive role in resolving social and environmental costs associated with the market. The environmental costs associated with food and drink industry consist of the environmental devastation due to the increase of nitrogen which has led to the minimized water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors results in ecological devastation which could be a big threat to the existence of humankind in future.
Major reason for these environmental changes is mass use of nitrogen abundant fertilizers and the components by the food and beverage companies. For that reason, food and drink companies ought to play a positive role in resolving these concerns to eliminate their development restraints connected to the criticism from the environmental communities.
The business should avoid use of nitrogen fertilizers and should search out the products of those farmers that do not use fertilizers for their crop. The companies could utilize eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich products.
Together with the environmental costs there are particular social expenses related to the food and beverage market which must be attended to by the huge food and drink business to attain the market growth and to prevent the criticism from the environmental communities. Social expenses related to the industry consists of the increasing health concerns connected to weight problems, cardiovascular disease, diabetes etc. Nevertheless, the huge business might play a positive role in addressing these problems.
The business might move towards more healthy products by decreasing the quantity of hazardous substances in their processed foods i.e. dioxin, which could lead to lethal human diseases. Together with it, the business must use more nutritious active ingredients instead of derivatives of Corn and Soy to increase number of calories from their items. The business might likewise do efforts to move consumer tastes towards healthy products as they have actually controlled the consumer taste for few years. In this way the huge food and drink companies could play an useful role in dealing with social and ecological expenses related to the industry.
Examination of Sustainability at Bracs Microfinance And Social Responsibility Initiatives Case Study Help
There was a prospective shift in the business method and objectives at Case Study Solution. The new CEO was focused on investing in much healthier products for attaining sustainable growth for the company together with supplying healthier future for the people and the world both. Under the new vision, the slogan of the company was likewise changed from the "enjoyable for you" to "much better for you".
Human Sustainability
The company revealed specific goals and commitments associated with human sustainability and the ecological sustainability. Bracs Microfinance And Social Responsibility Initiatives Case Study Analysis got Quake Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and natural drinks to introduce numerous much 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 active ingredients which were harmful to health. These harmful ingredients were not marketed which have ended up being the base for criticism over the healthy brands of Bracs Microfinance And Social Responsibility Initiatives Case Study Solution.
Along with the inculcation of healthy brands in its portfolio through acquisitions, Bracs Microfinance And Social Responsibility Initiatives Case Study Solution has actually taken specific sustainability actions for its market places. Among significant examples in this regard is the Company's marketing method associated to schools. The company markets just low calories and nutritious drinks choices in schools.
Another step taken by Case Study Help towards human sustainability is the shift of its focus towards research and development for introducing brand-new and healthy products in its portfolio. The business has actually increased its research and development budget and has actually presented an army of health researchers to develop certain healthy products.
Ecological Sustainability
In this regard, the company devoted to lower its packaging by millions of tones to prevent high quantity of wastages. The company has actually dedicated to reduce greenhouse gas emissions along with the accomplishment of performance in the energy usage.
On the basis of above analysis, it could be determined that the business has taken numerous steps towards human and ecological sustainability. These actions are still not sufficient to achieve the desired industrial growth and to reduce the criticism over the social obligation of Case Study Analysis.
Alternatives
Specific long term tactical options might be obtained for the company on the basis of above analysis. These alternatives can be examined on the basis of the reality that how the alternative would allow the business to achieve its goal of possible growth and reduce 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 implemented in addition to the expense and threats associated with the option
Alternative-1: intro of a New Product line Connected to Healthy Foods and Beverages
The initial step that Bracs Microfinance And Social Responsibility Initiatives Case Study Analysis could take is to introduce a new product line related to healthy food and drinks. The company has currently introduced specific heath related brand names, however, the number of these brand names in its portfolio is not potential to lower the criticism and accomplish potential development. The business must present a large range of much healthier products by utilizing its substantial research and development expenditures. The pros and cons connected to the intro of a healthy product line in the portfolio are offered below:
Pros:
• Capability to target large number of consumers i.e. health mindful customers.
• Decrease of the criticism of environmental concerned societies and community advancement companies.
• Satisfaction of the social obligation by compensation of the harmful items with healthy items.
• Could be executed within couple of years i.e. 3 to 5 years.
Cons:
• Threat of failure of the brand-new products in the market i.e. customers might not like the taste and might decline the healthier items due to the addicting nature of dangerous items.
• The hazardous products in the item portfolio might make the incorporation of healthy products stop working to lower criticism.
• Substantial cost of research and development needed to develop new healthy items.
Alternative-2: High level Acquisition of Health related Companies
Another alternative option to accomplish the potential growth and lower the criticism is to get the health related business at a high level. Investment in these kind of business would allow Bracs Microfinance And Social Responsibility Initiatives Case Study Analysis to introduce a big range of much healthier products within a brief time duration without any need of considerable research and development expenditures. The pros and cons related to alternative 3 are given listed below:
Pros:
• Conserving of substantial amount of research study and development expenses for brand-new product development.
• Incorporation of brand-new products within two years.
• Capability to target large number of consumers i.e. health mindful customers.
• Decrease of the criticism of environmental worried societies and community development organizations.
• Fulfillment of the social duty by payment of the hazardous products with healthy products.
Cons:
• The acquisition may not show to alter the image of Bracs Microfinance And Social Responsibility Initiatives Case Study Analysis as in case of Quake Oats.
• Requirement of big amount of capital.
• Danger of failure of the new products in the market i.e. consumers may not like the taste and may decline the healthier items due to the addictive nature of hazardous items.
• The harmful products in the product portfolio may make the incorporation of healthy products fail to minimize criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for Bracs Microfinance And Social Responsibility Initiatives Case Study Help is to replace all of its harmful items with healthier products. The replacement of hazardous products with healthier products would totally change the market position of the business and would require a big number of required actions to be taken.
Pros:
• Modification of market position of Bracs Microfinance And Social Responsibility Initiatives Case Study Analysis
• Capability to target a great deal of customers i.e. health conscious consumers.
• End of all of the criticism of environmental concerned societies and neighborhood development organizations.
• Satisfaction of the social obligation
Cons:
• Danger of failure of the new items in the market i.e. customers might not like the taste and may not accept the healthier items due to the addictive nature of hazardous products.
• Huge expense of research study and advancement needed to build brand-new healthy products.
• Worker may resist over the change in business design and organisation technique.
• Variety of years needed for the implementation.
• Shift of focus from the core proficiencies.
Recommendations
With the deep analysis of the business's CSR, concerns faced by the company and the existing market situation, Case Study Solution is advised to think about alternative 2 of high level of acquisition of health associated business. As the acquisitions would enable the company to save of substantial amount of research and development expenses for new item development. Along with it, acquisitions would permit incorporation of new items within 2 years along with the capability to target big number of customers.
This Bracs Microfinance And Social Responsibility Initiatives case study is writen by : Vivek Gupta
Executive Summary | Swot Analysis | Vrio Analysis | Pestel Analysis |
Porters Analysis | Recommendations |