Sony Corporation Future Tense Case Study Analysis
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Sony Corporation Future Tense Case Solution
Sony Corporation Future Tense Case Study Help is a widely known name of a New York based, world's leading organization in the food and beverage industry. company is a leading brand name in convenient snacks, foods and beverages with its presence in about 200 countries.
The report includes a deep analysis of numerous elements of the social responsibilities of significant business in the food and beverage market in basic, and company in particular. The report likewise provides an evaluation of the level of sustainability and CSR in the Sony Corporation Future Tense Case Study Help's company strategy along with the decision of how Case Study Help develops worth for its customers.
Problems Identification
Case Study Analysis had taken certain vital actions concerning the environmental effects of its products, but, these actions are not enough to end up the criticism over the business's responsibility towards social and environmental problems. This is required to take certain strategic actions to change the market position of its certain famous brand names and present Case Study Solution as a business producing healthy products in the market. In this regard, company and other food and drink companies must use their power to shift the consumer taste towards much healthier items to get rid of the constraints in the growth of food industry.
Vital Analysis
The shift from the usage of natural food to produced food has extremely affected the health of the customers. All of the information related to the health issues with the incorporation of manufactured food in the market explain the frequency of the health concerns related to food system. These problems are indirectly the result of numerous practices of the food and drink companies for creating worth for their customers.
Worth Creation at Sony Corporation Future Tense Case Study Solution
Sony Corporation Future Tense Case Study Help being a giant company in the food and beverage industry, supplies high value to its customers by various methods. Value creation in the food and drink industry is done through two ways i.e. taste and schedule of the item. Case Study Help has a competitive advantage in supplying its products far and wide globally. Its marketing capability makes it able to target a large base of customers. The company exists in about 200 nations with a large number of popular worldwide brands. The everywhere presence of the business items provides high worth to consumers.
Furthermore, the company produces value for its consumers by ways of supplying large number of yummy food consisting of salt, fat and sugar, which are the ingredients that are straight gotten in touch with the emotional core of the customer's brain. The Sony Corporation Future Tense Case Study Analysis along with other giant food and drinks companies create value for its customers by controling these ingredients in its products. Case Study Help together with other giant companies is interested in finding methods to increase the consumer worth from its products through exploiting the vulnerability.
Along with it, the business also develops value by methods of including the healthy point in its items. The business has actually done certain efforts in order to offer healthy products and decrease the share of Sony Corporation Future Tense Case Study Solution in general environmental destruction. Case Study Solution has actually taken certain actions associated with the sustainability of people and environment consisting of the 2009 statement of the ambitious objectives and commitments connected to Case Study Help items, marketplace and the community.
All of these ways have actually been successful at developing value for the Case Study Solution consumers. Increasing health related problems have raised the criticism for Case Study Solution.
Useful Function of Significant Food and Beverage Companies in Addressing Social and Ecological Expenses Related To the Market
Major food and drink companies including Sony Corporation Future Tense Case Study Solution and so on can play an useful role in dealing with social and ecological costs associated with the market. The eco-friendly costs connected to food and beverage market include the environmental destruction due to the increase of nitrogen which has resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to environmental devastation which could be a huge threat to the presence of humankind in future.
Significant reason for these ecological modifications is mass usage of nitrogen abundant fertilizers and the active ingredients by the food and drink companies. Food and beverage business ought to play a positive function in attending to these concerns to remove their development constraints related to the criticism from the environmental neighborhoods.
In order to address these issues, the business could either decrease their usage of nitrogen rich components or take particular steps to minimize the quantity of nitrogen in the overall environment. The companies should avoid usage of nitrogen fertilizers and need to search out the products of those farmers that do not utilize fertilizers for their crop. Moreover, the companies could likewise buy reducing greenhouse gas emissions worldwide. For instance, the business might utilize renewable energy sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich products.
Together with the eco-friendly expenses there are certain social expenses related to the food and beverage market which should be addressed by the huge food and beverage business to accomplish the industry growth and to avoid the criticism from the environmental neighborhoods. Social expenses related to the industry consists of the increasing health concerns connected to obesity, heart disease, diabetes etc. Nevertheless, the huge business might play an useful role in dealing with these issues.
The business might move towards more healthy products by reducing the amount of poisonous compounds in their processed foods i.e. dioxin, which might result in deadly human illness. The business could also do efforts to shift consumer tastes towards healthy products as they have controlled the consumer taste for few years.
Evaluation of Sustainability at Sony Corporation Future Tense Case Study Solution
There was a prospective shift in the corporate technique and objectives at Case Study Solution. The brand-new CEO was focused on buying much healthier items for accomplishing sustainable development for the company along with offering healthier future for the people and the planet both. Under the new vision, the slogan of the business was likewise changed from the "enjoyable for you" to "better for you".
Human Sustainability
company obtained Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and natural drinks to introduce various much healthier products in its portfolio. Despite of being thought about a Case Help's healthy brand name, the products of Quake Oats included several active ingredients which were harmful to health.
Together with the inculcation of healthy brands in its portfolio through acquisitions, Sony Corporation Future Tense Case Study Help has taken certain sustainability actions for its market places. Among significant examples in this regard is the Company's marketing technique related to schools. The business markets only 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 and development for presenting brand-new and healthy products in its portfolio. The business has actually increased its research study and development spending plan and has actually introduced an army of health researchers to design certain healthy products.
Environmental Sustainability
Along with the human sustainability, Sony Corporation Future Tense Case Study Solution has taken numerous steps towards ecological sustainability. The company has actually devoted to numerous objectives associated with water, land, packaging, climate change and community. In this regard, the business committed to lower its product packaging by countless tones to avoid high quantity of wastages. Moreover, the company has actually devoted to minimize greenhouse gas emissions along with the accomplishment of effectiveness in the energy usage. business has likewise attempted certain philanthropic activities including a commitment to offer safe drinking water to 3 million individuals in developing countries by 2015.
On the basis of above analysis, it could be identified that the business has taken a number of steps towards human and ecological sustainability. Nevertheless these steps are still not sufficient to accomplish the wanted commercial development and to lower the criticism over the social obligation of Sony Corporation Future Tense Case Study Solution.
Alternatives
Particular long term tactical alternatives could be obtained for the business on the basis of above analysis. These alternatives can be assessed on the basis of the fact that how the option would make it possible for the business to achieve its goal of prospective growth and minimize the criticism over the company. The options could be examined 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 option
Alternative-1: intro of a New Line of product Connected to Healthy Foods and Beverages
The first step that Sony Corporation Future Tense Case Study Help could take is to introduce a brand-new product line related to healthy food and beverages. The company must present a broad variety of much healthier products by using its significant research study and development expenses.
Pros:
• Ability to target large number of consumers i.e. health conscious consumers.
• Decrease of the criticism of ecological concerned societies and neighborhood advancement organizations.
• Satisfaction of the social responsibility by settlement of the dangerous products with healthy items.
• Could be implemented within couple of years i.e. 3 to 5 years.
Cons:
• Threat of failure of the brand-new items in the market i.e. consumers may not like the taste and may decline the healthier products due to the addictive nature of hazardous items.
• The harmful items in the item portfolio may make the incorporation of healthy products fail to reduce criticism.
• Huge expense of research study and development required to build new healthy products.
Alternative-2: High level Acquisition of Health associated Companies
Another alternative option to accomplish the prospective growth and lower the criticism is to obtain the health associated companies at a high level. Financial investment in these type of companies would enable Sony Corporation Future Tense Case Study Solution to present a large range of much healthier items within a brief time duration without any requirement of substantial research and advancement expenses. The pros and cons connected to alternative 3 are offered listed below:
Pros:
• Saving of big quantity of research and development expenses for brand-new product development.
• Incorporation of brand-new items within 2 years.
• Capability to target a great deal of customers i.e. health mindful customers.
• Decrease of the criticism of environmental worried societies and community development organizations.
• Fulfillment of the social obligation by payment of the dangerous items with healthy items.
Cons:
• The acquisition may not show to alter the image of Sony Corporation Future Tense Case Study Analysis as in case of Quake Oats.
• Requirement of huge amount of capital.
• Threat of failure of the brand-new items in the market i.e. customers may not like the taste and may not accept the much healthier products due to the addicting nature of hazardous items.
• The hazardous products in the item portfolio might 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 Sony Corporation Future Tense Case Study Help is to replace all of its hazardous items with healthier products. This might be a big shift in business strategy and business model at company. The replacement of harmful products with healthier products would completely alter the marketplace position of the business and would require a a great deal of essential actions to be taken. The advantages and disadvantages related to alternative 3 are given listed below:
Pros:
• Change of market position of Sony Corporation Future Tense Case Study Analysis
• Ability to target large number of customers i.e. health conscious consumers.
• End of all of the criticism of environmental concerned societies and community development companies.
• Satisfaction of the social responsibility
Cons:
• Danger of failure of the new products in the market i.e. consumers may not like the taste and might not accept the much healthier products due to the addicting nature of hazardous items.
• Substantial cost of research and development required to build new healthy items.
• Worker may resist over the modification in the business design and organisation strategy.
• Number of years needed for the execution.
• Shift of focus from the core proficiencies.
Recommendations
With the deep analysis of the business's CSR, issues faced by the business and the present industry circumstance, Case Study Solution is recommended to think about alternative 2 of high level of acquisition of health related business. As the acquisitions would allow the company to conserve of substantial amount of research and development costs for brand-new product advancement. Along with it, acquisitions would enable incorporation of brand-new items within two years along with the capability to target big number of consumers.
This Sony Corporation Future Tense case study is writen by : Vivek Gupta
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