The Lucent Accounting Scandal Case Study Solution
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The Lucent Accounting Scandal Case Analysis
The Lucent Accounting Scandal Case Study Analysis is a well-known name of a New York based, world's leading company in the food and beverage industry. Case Study Solution is a leading brand in hassle-free snacks, foods and beverages with its existence in about 200 countries. Major brands of the business include; Pepsi-Cola, Frito-Lay, Tropicana, Quaker and Gatorade. The core competitive benefit of the company is its capability to market the item at everywhere places. The business is doing efforts to make item advancement as its new source of competitive advantage.
The report contains a deep analysis of different elements of the social duties of significant business in the food and drink market in basic, and company in particular. The report likewise supplies an assessment of the level of sustainability and CSR in the The Lucent Accounting Scandal Case Study Analysis's company method along with the decision of how Case Study Analysis produces worth for its customers.
Problems Recognition
Case Study Help had taken specific vital actions concerning the ecological impacts of its items, but, these steps are not enough to end up the criticism over the company's responsibility towards social and eco-friendly concerns. This is required to take specific tactical steps to alter the market position of its specific famous brands and present Case Study Analysis as a company producing healthy items in the market. In this regard, business and other food and beverage business ought to utilize their power to shift the consumer taste towards much healthier items to remove the restraints in the development of food industry.
Vital Analysis
The shift from the usage of natural food to made food has highly affected the health of the customers. All of the data related to the health concerns with the incorporation of manufactured food in the market discuss the occurrence of the health issues related to food system. These problems are indirectly the result of different practices of the food and drink business for creating worth for their consumers.
Worth Production at The Lucent Accounting Scandal Case Study Analysis
The Lucent Accounting Scandal Case Study Help being a giant company in the food and drink market, offers high worth to its clients by various means. Case Study Help has a competitive benefit in offering its items far and wide globally. The company is provided in about 200 nations with a large number of popular worldwide brands.
Moreover, the company develops value for its customers by ways of offering a great deal of delicious food including salt, fat and sugar, which are the active ingredients that are straight gotten in touch with the psychological core of the customer's brain. The The Lucent Accounting Scandal Case Study Help in addition to other giant food and drinks companies produce value for its customers by manipulating these active ingredients in its items. Case Study Solution together with other huge companies has an interest in finding methods to increase the consumer worth from its items through making use of the vulnerability.
In addition to it, the business likewise produces worth by means of including the healthy point in its products. The company has done specific efforts in order to provide healthy items and lower the share of The Lucent Accounting Scandal Case Study Solution in total ecological devastation. Case Study Analysis has actually taken certain actions associated with the sustainability of individuals and environment consisting of the 2009 announcement of the ambitious goals and dedications connected to Case Study Analysis products, marketplace and the neighborhood.
All of these means have succeeded at developing value for the business customers. These methods have also lead to the increased ecological issues and the criticism over the business's function in increasing health and ecological obstacles. The incorporation of ingredients like salt, fat and sugar in the company items for creating consumer worth faces high amount of criticism. These components are the primary cause of specific fatal diseases in human consisting of weight problems, diabetes, heart problem and so on. Increasing health associated issues have actually raised the criticism for The Lucent Accounting Scandal Case Study Solution.
Positive Function of Major Food and Drink Companies in Resolving Social and Ecological Costs Connected With the Market
Major food and beverage business consisting of The Lucent Accounting Scandal Case Study Solution and so on can play a positive function in resolving social and environmental costs associated with the industry. The environmental expenses associated with food and drink market consist of the ecological destruction due to the influx of nitrogen which has led to the lowered water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to ecological destruction which could be a big risk to the existence of mankind in future.
Major reason for these ecological modifications is mass use of nitrogen rich fertilizers and the active ingredients by the food and drink business. Food and drink business must play a positive role in dealing with these concerns to eliminate their development constraints related to the criticism from the environmental neighborhoods.
The business ought to prevent usage of nitrogen fertilizers and ought to search out the items of those farmers that do not utilize fertilizers for their crop. The companies might utilize eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich items.
Together with the eco-friendly costs there are certain social expenses related to the food and drink industry which need to be addressed by the giant food and beverage companies to accomplish the industry development and to avoid the criticism from the environmental communities. Social costs connected with the market includes the increasing health concerns associated with weight problems, heart problem, diabetes etc. Nevertheless, the giant business might play a positive function in addressing these issues.
The companies might move towards more healthy items by lowering the quantity of harmful substances in their processed foods i.e. dioxin, which might result in lethal human diseases. Along with it, the business should use more healthy ingredients rather than derivatives of Corn and Soy to increase number of calories from their products. The business could likewise do efforts to move customer tastes towards healthy items as they have actually controlled the consumer taste for couple of years. In this way the giant food and beverage companies could play an useful function in resolving social and ecological expenses connected to the industry.
Assessment of Sustainability at The Lucent Accounting Scandal Case Study Help
There was a prospective shift in the corporate strategy and objectives at Case Study Help. The brand-new CEO was concentrated on purchasing much healthier products for accomplishing sustainable growth for the business along with offering much healthier future for the people and the planet both. Under the new vision, the slogan of the company was also changed from the "fun for you" to "better for you".
Human Sustainability
The business revealed specific objectives and commitments related to human sustainability and the ecological sustainability. The Lucent Accounting Scandal Case Study Help acquired Quaker Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and natural beverages to introduce various much healthier items in its portfolio. However, despite of being considered a Case Study Help's healthy brand name, the items of Quake Oats included several components which were hazardous to health. These harmful components were not promoted which have actually ended up being the base for criticism over the healthy brands of The Lucent Accounting Scandal Case Study Solution.
Together with the inculcation of healthy brands in its portfolio through acquisitions, The Lucent Accounting Scandal Case Study Analysis has actually taken specific sustainability steps for its market places. One of significant examples in this regard is the Business's marketing strategy related to schools. The business markets only low calories and healthy drinks choices in schools.
Another step taken by Case Study Solution towards human sustainability is the shift of its focus towards research and development for presenting new and healthy products in its portfolio. The business has increased its research and advancement budget and has actually introduced an army of health researchers to design particular healthy items.
Environmental Sustainability
In this regard, the company committed to reduce its product packaging by millions of tones to avoid high amount of wastes. The business has actually dedicated to decrease greenhouse gas emissions along with the accomplishment of performance in the energy usage.
On the basis of above analysis, it could be figured out that the business has taken a number of actions towards human and environmental sustainability. These steps are still not adequate to accomplish the wanted industrial development and to lower the criticism over the social duty of Case Study Analysis.
Alternatives
Specific long term strategic options could be derived for the company on the basis of above analysis. These alternatives can be assessed on the basis of the truth that how the alternative would allow the business to accomplish its objective of possible growth and minimize the criticism over the company. Moreover, the options could be assessed on the basis of the time frame that would be taken by an alternative to be implemented together with the expense and dangers associated with the option
Alternative-1: intro of a New Product line Connected to Healthy Foods and Beverages
The initial step that The Lucent Accounting Scandal Case Study Analysis could take is to introduce a new product line related to healthy food and drinks. Although, the business has actually currently introduced certain heath associated brand names, however, the variety of these brands in its portfolio is not possible to minimize the criticism and achieve possible growth. The company needs to present a large range of much healthier products by utilizing its considerable research and advancement expenses. The pros and cons associated with the intro of a healthy line of product in the portfolio are provided below:
Pros:
• Capability to target large number of customers i.e. health mindful 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.
• Might be carried out within couple of years i.e. 3 to 5 years.
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 much healthier items due to the addictive nature of hazardous products.
• The harmful products in the item portfolio may make the incorporation of healthy products stop working to lower criticism.
• Substantial cost of research and advancement needed to develop new healthy items.
Alternative-2: High level Acquisition of Health related Business
Another alternative choice to accomplish the prospective development and reduce the criticism is to obtain the health related business at a high level. Investment in these kind of business would allow The Lucent Accounting Scandal Case Study Help to introduce a large range of much healthier products within a brief time period without any need of substantial research and advancement expenditures. The pros and cons related to alternative 3 are given below:
Pros:
• Conserving of big quantity of research study and development costs for brand-new item development.
• Incorporation of brand-new products within 2 years.
• Ability to target a great deal of consumers i.e. health mindful customers.
• Reduction of the criticism of environmental worried societies and neighborhood development organizations.
• Fulfillment of the social responsibility by payment of the harmful products with healthy items.
Cons:
• The acquisition may not show to alter the image of The Lucent Accounting Scandal Case Study Solution as in case of Quake Oats.
• Requirement of huge amount of capital.
• Threat of failure of the brand-new products in the market i.e. customers might not like the taste and may decline the much healthier items due to the addicting nature of harmful items.
• The harmful items in the item portfolio might make the incorporation of healthy items stop working to reduce criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for The Lucent Accounting Scandal Case Study Help is to replace all of its dangerous products with healthier items. The replacement of harmful items with much healthier products would completely alter the market position of the company and would require a large number of needed steps to be taken.
Pros:
• Modification of market position of The Lucent Accounting Scandal Case Study Solution
• Ability to target large number of consumers i.e. health conscious customers.
• End of all of the criticism of ecological concerned societies and neighborhood development organizations.
• Fulfillment of the social duty
Cons:
• Danger of failure of the new products in the market i.e. customers might not like the taste and might not accept the much healthier products due to the addictive nature of hazardous items.
• Huge cost of research study and development needed to construct new healthy items.
• Worker may resist over the modification in the business model and company method.
• Variety of years needed for the application.
• Shift of focus from the core proficiencies.
Recommendations
With the deep analysis of the company's CSR, concerns faced by the company and the present industry scenario, Case Study Solution is advised to think about alternative 2 of high level of acquisition of health related business. As the acquisitions would enable the business to save of big quantity of research and development expenses for brand-new item advancement. Along with it, acquisitions would enable incorporation of new products within two years along with the capability to target big number of customers.
This The Lucent Accounting Scandal case study is writen by : Vivek Gupta
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