Great Dakota Bank Online Banking 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 >> Youngme Moon >> Great Dakota Bank Online Banking
Great Dakota Bank Online Banking Case Solution
Great Dakota Bank Online Banking Case Study Help is a widely known name of a New York based, world's leading company in the food and beverage market. business is a leading brand in hassle-free treats, foods and beverages with its presence in about 200 nations.
The report includes a deep analysis of various elements of the social responsibilities of major business in the food and beverage industry in general, and Case Solution in particular. It also offers an analysis of the growing health and environmental problems including obesity, cardiovascular disease, ecological devastation etc. in the Western countries and the function of the companies in the food and beverage industry to attend to these concerns. The report also supplies an assessment of the degree of sustainability and CSR in the Great Dakota Bank Online Banking Case Study Help's organisation strategy in addition to the decision of how Case Study Help creates worth for its customers. The report likewise supplies certain strategic alternatives for business to incorporate the criticism over its social duty with specific recommendations and an application strategy.
Issues Identification
The giant food and drink business was going through a criticism over its obligation towards various social and environmental concerns including; obesity, heart problem, environmental devastation etc. These criticisms lead, to reconsider about the business technique of Great Dakota Bank Online Banking Case Study Analysis. The Youngme Moon has realized that the general society, the lifestyle of people and the people at whole have been changed now. In this situation with increasing trends towards much healthier items and the increasing environmental concerns, Case Study Analysis ought to change its instructions towards healthier items. Although, Case Study Solution had taken certain important steps relating to the ecological impacts of its products, but, these steps are inadequate to end up the criticism over the company's obligation towards social and eco-friendly issues. The needed to take specific strategic actions to alter the market position of its specific well-known brand names and present Online Case Study Analysis as a company producing healthy items in the market. In this regard, Case Study Solution and other food and beverage companies must use their power to move the consumer taste towards much healthier items to remove the constraints in the development of food market.
Critical Analysis
The shift from the use of natural food to manufactured food has actually extremely impacted the health of the customers. All of the information related to the health problems with the incorporation of produced food in the market explain the occurrence of the health problems related to food system. These concerns are indirectly the result of various practices of the food and drink business for developing worth for their consumers.
Value Creation at Great Dakota Bank Online Banking Case Study Solution
Great Dakota Bank Online Banking Case Study Help being a huge company in the food and beverage industry, offers high value to its clients by various ways. Value development in the food and beverage industry is done through 2 ways i.e. taste and accessibility of the item. Case Study Help has a competitive advantage in supplying its products everywhere globally. Its marketing capability makes it able to target a large base of consumers. The business exists in about 200 nations with a large number of famous global brands. The far and wide existence of the business products provides high value to consumers.
Moreover, the business creates worth for its customers by means of supplying large number of yummy food consisting of salt, fat and sugar, which are the ingredients that are directly gotten in touch with the psychological core of the customer's brain. The Great Dakota Bank Online Banking Case Study Help in addition to other giant food and beverages business develop value for its consumers by controling these active ingredients in its items. Case Study Solution along with other giant 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 company likewise develops worth by ways of integrating the healthy point in its items. The company has done specific efforts in order to supply healthy items and reduce the share of Great Dakota Bank Online Banking Case Study Help in general ecological devastation. Case Study Solution has taken specific actions connected to the sustainability of individuals and environment consisting of the 2009 announcement of the ambitious goals and dedications connected to Case Study Help items, market and the community.
All of these methods have been successful at developing value for the Case Study Solution customers. Increasing health related concerns have raised the criticism for Case Study Solution.
Constructive Role of Major Food and Drink Companies in Resolving Social and Ecological Expenses Connected With the Industry
Undoubtedly, major food and beverage business including company, etc. can play an useful role in resolving social and environmental expenses connected with the market. The eco-friendly expenses associated with food and beverage market include the environmental 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 and so on. All these factors leads to ecological destruction which might be a huge threat to the existence of humankind in future.
Major reason for these environmental modifications is mass use of nitrogen abundant fertilizers and the ingredients by the food and beverage companies. For that reason, food and beverage companies should play a positive role in resolving these issues to eliminate their growth restrictions connected to the criticism from the ecological neighborhoods.
In order to attend to these concerns, the business might either decrease their usage of nitrogen abundant active ingredients or take certain steps to lower the quantity of nitrogen in the total environment. The companies should avoid use of nitrogen fertilizers and should seek the items of those farmers that do not utilize fertilizers for their crop. The companies could likewise invest in reducing greenhouse gas emissions worldwide. For example, the business could utilize renewable resource sources at their production plant to compensate the greenhouse gas emissions from using nitrogen-rich products.
Along with the environmental expenses there are specific social expenses associated with the food and beverage market which should be dealt with by the huge food and drink business to accomplish the industry growth and to avoid the criticism from the ecological communities. Social expenses associated with the industry consists of the increasing health problems related to weight problems, cardiovascular disease, diabetes and so on. Nevertheless, the giant companies might play a positive function in addressing these concerns.
The companies might move towards more healthy products by decreasing the amount of harmful compounds in their processed foods i.e. dioxin, which could result in deadly human diseases. The companies might also do efforts to shift consumer tastes towards healthy items as they have actually managed the consumer taste for few years.
Evaluation of Sustainability at Great Dakota Bank Online Banking Case Study Analysis
There was a possible shift in the corporate technique and objectives at Case Study Solution. The brand-new CEO was focused on investing in much healthier items for accomplishing sustainable development for the company together with supplying healthier future for individuals and the planet both. Under the brand-new vision, the motto of the company was likewise changed from the "fun for you" to "better for you".
Human Sustainability
company acquired Quaker Oats producing TrueNorth nut treats and SoBe, and Naked Juice producing soy drinks and organic beverages to present numerous healthier items in its portfolio. Despite of being thought about a Case Help's healthy brand name, the products of Quaker Oats consisted of numerous ingredients which were harmful to health.
In addition to the inculcation of healthy brand names in its portfolio through acquisitions, Great Dakota Bank Online Banking Case Study Solution has taken particular sustainability steps for its market places. Among significant examples in this regard is the Company's marketing strategy associated to schools. The company markets only low calories and nutritious drinks options in schools.
Another action taken by Case Study Analysis towards human sustainability is the shift of its focus towards research study and advancement for presenting new and healthy products in its portfolio. The business has increased its research and advancement spending plan and has introduced an army of health researchers to develop specific healthy items.
Ecological Sustainability
In addition to the human sustainability, Great Dakota Bank Online Banking Case Study Analysis has taken several actions towards ecological sustainability. The company has actually committed to different objectives connected to water, land, product packaging, environment change and community. In this regard, the company committed to decrease its product packaging by millions of tones to avoid high amount of wastes. The company has actually dedicated to lower greenhouse gas emissions along with the accomplishment of efficiency in the energy use. company has actually likewise attempted specific philanthropic activities consisting of a dedication to provide safe drinking water to 3 million individuals in establishing countries by 2015.
On the basis of above analysis, it might be identified that the business has actually taken several steps towards human and ecological sustainability. However these actions are still not adequate to attain the desired commercial growth and to minimize the criticism over the social obligation of Great Dakota Bank Online Banking Case Study Analysis.
Alternatives
Specific long term tactical alternatives could be derived for the company on the basis of above analysis. These options can be assessed on the basis of the fact that how the alternative would allow the business to achieve its goal of potential growth and reduce the criticism over the company. The options might be assessed on the basis of the time frame that would be taken by an alternative to be executed along with the cost and risks related to the option
Alternative-1: introduction of a New Product line Connected to Healthy Foods and Beverages
The initial step that Great Dakota Bank Online Banking Case Study Analysis might take is to present a brand-new product line associated with healthy food and drinks. Although, the business has already presented certain heath associated brands, but, the number of these brand names in its portfolio is not prospective to lower the criticism and attain potential growth. For that reason, the business ought to introduce a large range of much healthier items by utilizing its substantial research and development expenses. The pros and cons connected to the introduction of a healthy line of product in the portfolio are offered below:
Pros:
• Ability to target large number of customers i.e. health conscious consumers.
• Decrease of the criticism of environmental worried societies and community advancement organizations.
• Satisfaction of the social obligation by compensation of the hazardous items with healthy items.
• Might be executed within few years i.e. 3 to 5 years.
Cons:
• Threat 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 addicting nature of harmful items.
• The hazardous products in the item portfolio might make the incorporation of healthy products stop working to decrease criticism.
• Big expense of research and development required to construct new healthy items.
Alternative-2: High level Acquisition of Health related Companies
Another alternative choice to achieve the potential development and reduce the criticism is to get the health related business at a high level. Financial investment in these kind of companies would permit Great Dakota Bank Online Banking Case Study Analysis to present a large variety of much healthier items within a brief time period without any requirement of considerable research study and development expenses. The advantages and disadvantages associated with alternative 3 are offered below:
Pros:
• Saving of huge quantity of research and development expenses for brand-new product advancement.
• Incorporation of brand-new products within two years.
• Ability to target large number of customers i.e. health conscious customers.
• Decrease of the criticism of ecological concerned societies and neighborhood advancement companies.
• Fulfillment of the social responsibility by compensation of the hazardous products with healthy products.
Cons:
• The acquisition might not prove to change the image of Great Dakota Bank Online Banking Case Study Analysis as in case of Quake Oats.
• Requirement of big amount of capital.
• Danger 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 addictive nature of hazardous items.
• The dangerous items in the item portfolio might 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 Great Dakota Bank Online Banking Case Study Analysis is to change all of its dangerous products with much healthier items. The replacement of dangerous products with healthier products would totally change the market position of the company and would need a large number of essential steps to be taken.
Pros:
• Modification of market position of Great Dakota Bank Online Banking Case Study Solution
• Ability to target a great deal of customers i.e. health conscious customers.
• End of all of the criticism of environmental worried societies and community advancement organizations.
• Fulfillment of the social responsibility
Cons:
• Risk of failure of the new products in the market i.e. customers may not like the taste and might decline the healthier products due to the addictive nature of harmful products.
• Substantial expense of research study and development required to develop new healthy items.
• Worker might withstand over the change in business design and business strategy.
• Variety of years needed for the implementation.
• Shift of focus from the core competencies.
Recommendations
With the deep analysis of the company's CSR, concerns dealt with by the business and the existing market scenario, Case Study Solution is suggested to consider alternative 2 of high level of acquisition of health associated business. As the acquisitions would enable the business to save of substantial amount of research study and advancement expenses for new product development. Along with it, acquisitions would permit incorporation of new items within two years along with the capability to target large number of consumers.
This Great Dakota Bank Online Banking case study is writen by : Youngme Moon
Executive Summary | Swot Analysis | Vrio Analysis | Pestel Analysis |
Porters Analysis | Recommendations |