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5 billion category. The sales enhanced to U.S. $69.5 billion in 2003. The energy bar market is a new venture of Nestle. The purchase of Power Bar Inc., the innovator of the energy bar, places very nicely to rule supreme in the field. Nestle joined with Pillsbury's Haagen-Dazs associate to produce a new company to mix Nestle's 'frozen novelties' with Haagen-Dazs' U.S. frozen dessert business. (Chocolate, coffee, and pet care?)
The policy of the Nestle in not to concentrate on its sales in Switzerland alone, supplemented by a few satellite subsidiaries abroad. Nestle struggles to be a local in each and every nation of its operation. There is a clear demarcation between the strategy and tactics. It accords priority to the long-range view. The secular thinking resolves most of the problems and disputes among the groups. This is equally applicable to the employment conditions and the relations with employees as…
Business Principles. Retrieved at http://www.nestle.com/All_About/Business_Principles/ . Accessed on 14 April, 2005
Chapter 15: Control Strategies. Retrieved at http://mgtclass.mgt.unm.edu/DeGouvea/328/chapter15.html. Accessed on 14 April, 2005
Chapter 6: International Strategy Implementation. Retrieved at http://www.csupomona.edu/~msharifzadeh/CHAPTER6.htm. Accessed on 14 April, 2005
Chocolate, coffee, and pet care?. Retrieved at http://www1.excite.com/home/careers/company_profile/0,15623,1327,00.html. Accessed on 14 April, 2005
The workers had essentially no recourse if the Thai government was not willing to prosecute their case.
The baby formula case does not likely result is illegal actions, but some of the marketing practices undertaken by Nestle can be considered unlawful in light of the orld Health Organization's International Code of Marketing Breast Milk Substitutes. Nestle made a commitment to adhere to this code in their Infant Formula Charter. Yet, they violated it in several different ways. There would be no legal prosecution against Nestle for these violations, but the HO could certainly exert pressure on the company to adhere to the standards.
ith regards to indentured labor in est Africa, Nestle is insulated because it is not using such labor itself, but rather purchasing from suppliers that use indentured labor. Many countries have laws with respect to the use of such labor by national corporations, but these laws may…
Kay, Charles D. (1997). "Notes on Deontology" Wofford College. Retrieved December 3, 2008 at http://webs.wofford.edu/kaycd/ethics/deon.htm
Holsinger, Kent. (2007). "Consequentialist vs. non-consequentialist theories of ethics" University of Connecticut Retrieved December 3, 2008 at http://darwin.eeb.uconn.edu/eeb310/lecture-notes/value-ethics/node3.html
No author. (2002). "Ethiopia-Nestle-Ethiopia: Nestle says part of compensation to go to Ethiopian famine relief" Agence France-Presse. Retrieved December 3, 2008 at http://www.aegis.com/NEWS/AFP/2002/AF021293.html
Canning, Simon. (2008). "Food giant Nestle takes sugar hit to sweeten image" the Australian. Retrieved December 3, 2008 at http://www.theaustralian.news.com.au/story/0,25197,24673501-601,00.html
Nestle's key sustainable environmental policies are broken down into several core areas: resources, packaging, products, climate change, natural capital, information, water efficiency, training, and product life-cycle. They want to improve resource efficiency, improve packing, optimize the environmental impact of products, be a leader in climate change, examine how production impacts natural capital, provide accurate information about the environmental impact of their products and processes, improve overall water efficiency, train employees in conservation practices, and examine sustainability from all parts of the water cycle (Nestle, 2014). From a social perspective, Nestle is examining all components of the supply chain in order to implement more socially responsible practices, not just for environmental sustainability, but also in terms of human rights. This means the elimination of child labor and other questionable labor practices in the supply chain.
The initiatives relate to the company's principles, values, and culture because the stated initiative…
Nestle. 2014. Environmental sustainability. Retrieved November 4, 2014 from Nestle website:
Moving away from bottled water will actually solve many of te current etical quandaries as well as freeing up capital for more profitable and sustainable pursuits; divestment of te bottled water subsidiaries or teir slow dismantlement is recommended. Finally, Nestle must focus efforts more intensively on emerging markets.
Nestle is definitely poised to regain wat stature and profitability it as lost in te current economic crisis, troug intensive marketing campaigns in emerging markets, a reorganization of its operations and subsidiaries to maximize profitability wile sedding less profitable enterprises, and troug a commitment to etical practices and policies tat as never been a strong suit of te company. Accomplising tese specific tasks will allow Nestle to build a stronger image and a stronger position for itself in te global food industry, poising Nestle to capitalize on te rebounding economy as te overall global economic situation improves. A failure to address…
Governments in these developing countries also may have issues with foreign companies expanding within their borders. Lastly, establishing local suppliers, and the infrastructure required for these suppliers, may be a challenge, especially for those they develop from the ground up.
Nestle's mission statement is simple. "Good Food,
Good Life'. That mission is to provide consumers with the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions, from morning to night, and thereby to help them to live enjoyable, healthy lives" ("Annual report," 2010, p. 2). The corporation's current objective is to transform the company into a leader in the nutrition and health and well-being industry, moving away from simply a food and beverage provider. Strategies the company is currently utilizing include reformulating many of the organization's recipes to reflect this healthier corporate image. This include lowering salt, sugar and removing…
Annual report 2009. (2010). Retrieved November 4, 2010, from http://www.nestle.com/InvestorRelations/Reports/ManagementReports/2009.htm .
Bell, D. & Shelman, M. (28 Oct 2009). Nestle in 2008. Harvard Business School. 1-36.
Group figures 5-year review. (2005). Retrieved November 1, 2010 from http://www.ir.Nestle.com/Nestle_Overview/Key_Figures/Group_Figures/5+Year+Review/Group+Figures.htm .
Nestle SA Overview. (2010). Marketline. Retrieved November 2, 2010 from
Nestle is a large scale multinational corporation engaged in manufacturing a wide variety of food, beverages, and health care products. It was incorporated in 1866 by Henry Nestle in Switzerland as a small food manufacturing company. At present, Nestle is present in all the corners of the world and serves its customers with thousands of food and beverage brands for all types of consumers. It manufactures products for all types of food consumption requirements for any day or night time. It has more than 500 production units in developing and well-developed countries of the world whereas its final products are available in more than 130 countries. Nestle is recognized as the strongest and the most competitive food and beverage products manufacturer in the world. It has successfully targeted all the potential markets of the world and currently pursuing business expansion strategies through product diversification in related product lines as well…
Ferrell, O.C., & Hartline, M.D. (2011). Marketing Strategy, 5th Edition. Ohio: South-Western Cengage Learning
Kotler, P. Brown, L. Burton, S. Deans, K. & Armstrong, G. (2010). Marketing. 8th Edition. U.S.: Prentice-Hall
Nestle, (2012). About Us. Retrieved on December 15th, 2012, from
Nestle, (2012). Creating Shared Value. Retrieved on December 15th, 2012, from
This is translated in the company's proactive approach, both in promoting new products in existing industries and in creating new segments on the market. A good example in this sense is the nutrition industry, where Nestle has innovated and has played a leadership role in the field. Nestle has over 500 nutrition - related researchers and this means important developments in terms of natural and organic products.
From these points-of-view, we can argue that Nestle provides an excellent environment for the development of a young employee. Its leadership role ensures a competitive environment in which the employee can participate in the creation and implementation of different projects.
In terms of customers, given the large number of industries Nestle is involved in, the targeted segments of consumers are often quite different as well. First of all, we can refer to the health-concerned and health - oriented consumer, interested in keeping up-to-date…
This certainly implies that change management is foremost in Brabeck-Letmathe's thinking, but it is change at an ordered pace -- never frenetic nor reactionary; but planned change.
Part 3 -- Because Nestle is such a prestegious and conservative company, the primary implications for change management revolve around cultural implications. Nestle was quite comfortable doing business its own way -- very European, in a sense, somewhat ethnocentric to the Continental geo-political sphere. Now, they faced challenges operating in the second and thrid world in which societies can be disparate, multi-lingual (not European langauges), a different view on doing business, and the reluctance towards change. However, by moving into the direction of a global business that saw globalism as an economic reality -- unncessary change was mitigated into strategic direction (See: Change Management Implications, 2002). Change is never easy, though, so it is likely that some in the management team embraced change,…
Case Study. Nestle -- Chapter 4, What Changes in Organiztions. (n.d.). PDF version.
Change Management Implications. (2002). Cited in:
Leadership and Institutional Change. (2010). The National Academy for Academic
Nestle -- Infant Formula Controversy
Nestle has been accused of providing products to third world mother's that seriously violate the health of their children. It is not the products themselves that harm the health of the children. In fact, if they are used correctly, the Nestle formulas can serve as a nutritious supplement to an infant's diet. However, many of the third world mothers are unable to use the products correctly for a variety of reasons.
One reason is the cost of the products. Another is the access to clean water in which the mix the formulas with. The case study highlights the responsibility of Nestle in regard to the proper use of their products in these environments. It was argued that the marketing of infant formula in third world markets was unethical. Furthermore, even after Nestle stopped actively marketing their products in these markets, the still provided free samples…
Nestle began as a food -- especially milk-based company that later moved into nutrition, confectionary and recently even to bottled waters. Health care, confectionary and nutrition are the current portfolio of the company. Apart from the above majors, the products now includes pet food, powdered beverages, milk food (modern) and many more consumables. In fact the portfolio has grown very wide comprising of many individual industries.
Nestle has developed a standard business culture that is unique to it and has stood the changes in market and expansion strategies. The competencies also lie in the products it can create, from milk and other confectionary -- expertise that is valuable to core competencies like improvement in technology, adapting to changes and lastly but not the least, management perceptions -- as shown by the thinking that even water could be marketed with sound sense. These competencies have…
De Witt and Myer, R (2004), "Strategy: Process, Content and Context," 3rd edn, Oxford
International Thompson Business Press.
Nestle Baby Formula Controversy
The story of the Nestle Baby Formula Controversy begins almost three decades ago with the publication of a pamphlet called 'The Baby Killer' in 1974 by Mike Muller and ar on ant, a London-based activist group concerned with problems of the Third orld (Akhter 1994). The pamphlet claimed that Third orld babies were dying because their mothers were feeding them infant formula that was being marketed by multinationals such a Nestle of Switzerland and United Kingdom's Cow and Gate (Akhter 1994). The aftermath of the publication led to an international crisis for Nestle.
The pamphlet claimed that the infant deaths were due to irresponsible marketing of infant formula, especially the "use of medically unqualified sales girls, the distribution of free samples, and the association of bottle-feeding with healthy babies to promote the use of infant formula by mothers" who should have been breast-feeding their babies rather…
Akhter, Syed H. "Multinational Corporations and the Impact of Public Advocacy on Corporate Strategy: Nestle and the Infant Formula Controversy." Journal of International Business Studies. September 22, 1994.
Leeman, Sue. "Two Writers Pull Out of Festival Over Nestle Sponsorship."
AP Worldstream. May 27, 2002.
Philipp, Barbara L.; O'Brien, Susan. "Physicians and Breastfeeding Promotion in the United States: A Call for Action." Pediatrics. March 01, 2001.
While "technically" it is the responsibility of the individual mother regarding feeding the formula, it is also true that as her milk dries up, the baby becomes dependent on the formula, whether the family can afford it or not. Perhaps the proper role would be to reinvest back into the Third World, both in education and technology, to find a way that the basic issues surrounding the use of the formula are mitigated.
Flikschuh, K. (2000). Kant and Modern Political Philosophy. Cambridge University
"How Can Multinationals Balance Ethics With Profits?" (December 23, 2002).
BBC News World Edition. Cited in:
Kant, I. (2008). On The Metaphysics of Morals and Ethics:: Kant: Groundwork of the Metaphysics of Morals, Introduction to the Metaphysic of Morals, The Metaphysical
Elements of Ethics. Wilder.
Mulgan, T. (2007). Understanding Utilitarianism. Acumen Publishing.
For additional information on this controversy, see "The Ethics of Marketing Baby…
Flikschuh, K. (2000). Kant and Modern Political Philosophy. Cambridge University
"How Can Multinationals Balance Ethics With Profits?" (December 23, 2002).
BBC News World Edition. Cited in:
fragility of the Argentinean economy has been making headlines since the early eighties. Despite the reduced labor costs associated with the region, many obstacles are still solidly implanted before the foreign investor. With or without some of these obstacles the foreign market within Argentina would require considerable business skill and unceasing attempts to balance the situation to meet profitability standards. As a foreign investor in a volatile economic country the responsible reaction to the rapid changes within the fiscal situation of SANPA and Fruticon would be to remain within the country and continue to make constant attempts to regain control over the situation. Yet, this is not always the most prudent business decision.
In my opinion the marketing increase that occurred at the end of the 1979 business year placed to large a burden on the profitability of the market. Though the marketing expenditures, would seemingly be observed due to…
Retaining invoiced sales for greater than twenty days reduces the turn over of payment and far decreases the ability of the sales centers in their distribution of the goods in retail sales situations. At this point, regardless of the work loads of the home office staff knowledgeable intervention should have occurred and a solution should have been offered to the Argentina market. Simply reviewing the situation seems like not enough action as the market could have seriously benefited from the introduction of staff who could further review and act as consultative agents for the flagging market center. At this stage there is a clear recognition by the Centre that something is simply not balancing out in the production and distribution ends of the Market.
This missing piece in production could be as a result of the diversion of funds from production, raw goods acquisition and also distribution aspects of the company to the marketing portions of the products, a failed attempt to answer for decreased sales. The increased prices of such items would likely not help the situation as many of the items sold by the company can be considered luxury items in an economic area where the price of staples simply keeps rising and rising people are often unable to afford luxuries. Prices were marginally reduced, chocolate by 20% and sales bonuses and coupons helped to balance somewhat, but clearly not enough to answer for the delays and decreased payment situation.
Stepping forward after assessing what could have been done differently in the situation is the question associated with what needs to be done in the near future to address the problem. The most logical answer to this question is that a closer assessment of the nature of the problem needs to be done by the Centre. On site visits need to be conducted and a team from the Centre's staff needs to be assembled to assist Mr. Gonzalez in creating and meeting his goals for the company. The increased staff in the production (increased by 12% in 1980) sales (increased 11% in 1980) and administrative (increased 11% in 1980) of the company may be a good start to addressing the production and distribution problems. Additionally, the accounts receivable and debt payment delays are fundamentally linked together and must be addresses with tighter accounts receivable policies and a tighter watch by the Centre.
Nestle infant milk formula case, in the moral tradition of Kant's categorical imperative. Firstly, I will outline the facts surrounding the Nestle infant milk formula case, and then give a brief definition and description of the categorical imperative. Finally, I will use three main criteria to determine if Nestle's actions in the infant milk formula case can be considered moral, according to the categorical imperative.
Before beginning the analysis of the Nestle infant milk formula case, in the tradition of the categorical imperative, I will first outline some of the facts around the Nestle infant milk formula case. The Nestle infant milk formula case refers to the events surrounding a well-publicized boycott of Nestle in the 1970s and 1980s. In that time, consumer advocacy groups rigorously criticized Nestle's marketing strategies in third world countries.
The charges ethical against Nestle were myriad, and serious. Baby formula manufacturers bribed doctors, nurses and…
A Dictionary of Philosophical Terms and Names.Garth Kemerling. © 1997-2001. 27 February
2002. http://www.philosophypages.com/dy/c.htm#catimp .
Dobbing, J. Infant feeding: Anatomy of a controversy, 1973-1984. London: Springer, 1988.
Rossvaer, V. Kant's moral philosophy: An interpretation of the categorical imperative. Oslo:
The Nestle Company has been instrumental in addressing social needs throughout its corporate history. In modern times, it became a principal member of the World Cocoa Foundation expressly designed to assist cocoa farmers in areas of outh America recover after the devastation of crop disease. That effort has included educating farmers in better farming techniques, sustainable approaches to farming, and better environmental management in general. Likewise, the Nestle Company has also been instrumental in the global response to illegal and immoral practices of forced labor, child exploitation for labor, and illegal child trafficking. In that regard, the Nestle Company is a founding member of the International Cocoa Initiative, established in 2002 in response to growing corporate ethical concerns in those areas.
Most recently, the Nestle Company's efforts in relation to global human welfare include its 2009 announcement of its financial support for the establishment and achievement of a more environmentally…
George, J.M. And Jones, G.R. (2008). Understanding and Managing Organizational
Behavior. Upper Saddle River, NJ: Prentice Hall.
Robbins, S.P. And Judge, T.A. (2009). Organizational Behavior. Upper Saddle River,
NJ: Prentice Hall.
Switching loyal customers to a new product would be much easier than attracting entirely new customers for the PowerBar that had the ActiCaf ingredient included within it. Next, the company began to study both internal company data on pricing of comparable sports nutrition products, in addition to looking at pricing studies outside the company to get a sense of what their revenue forecasts would be for the ActiCaf-based PowerBar. Pricing was critical for the entire business plan is it would also define profitability as well. Third, Nestle compared the costs of integrated marketing communications strategies internally and most likely looked at third-party information as well to make sure their launch budget for the ActiCaf ingredient-based PowerBar would also be at a sufficient level to ensure the products' successful launch. Finally and most importantly, the company must have looked at the existing distribution channels and defined a subset of those channel…
Diane Brady in New York (2004, June). A Thousand and One Noshes; How Pepsi deftly adapts products to changing consumer tastes. Business Week,(3887), 54-56. Retrieved February 24, 2008, from ABI/INFORM Global database. (Document ID: 649550671).
Farnady, K (2007 March 14). Marketing Dream Job: PowerBar Wired Magazine, 3, Retrieved February 24, 2008, at http://www.wired.com/techbiz/media/news/1997/05/3823
Ronald E. Goldsmith (2003). The Anatomy of Buzz: How to Create Word-of-Mouth Marketing. The Journal of Product and Brand Management, 12(6/7), 491.
Retrieved February 24, 2008, from ABI/INFORM Global database. (Document ID: 543867331).
Dole and Nestle
Generally Accepted Accounting Principles (U.S. GAAP)
When it comes to the preparation as well as presentation of financial statements in the United States, there are a number of accounting procedures and rules used by entities in an attempt to enhance a certain level of consistency. These rules and procedures are referred to as U.S. GAAP. Essentially, U.S. GAAP contributes towards the enhancement of the legitimacy and truthfulness of an entity's financial statements. For instance, under the framework, some practices like the creation of "hidden reserves" are prohibited. This effectively goes a long way to ensure that an entity's financial reports are a true reflection of its economic performance.
International Financial Reporting Standards (IFRS)
In basic terms, this is a framework of procedures, standards or rules of accounting accepted worldwide. These rules detail the procedures that should be followed in reporting a wide range of transactions in an…
Human esources Management (HM) Strategy at Nestle S.A.
Introduction to Human esource Management (HM)
The process of human resource planning is essential for organizations of any size and scope, but the number of employees working for the organization ranks among the most influential factors in guiding the construction of human resource policies. In order to more efficiently achieve strategic objectives, complex organizations require a perfectly calibrated blend of human capital to facilitate a variety of functions and operations. The development of a strategic plan is the first step in proper HM strategy, because "overall organizational strategy defines the human resource objectives that are accomplished through the implementation of appropriate human resource plans" (Schwind, Das, Werther, & Davis, 1995, p. 219). Simply put, an organization cannot become capable of fully actualizing its strategic goals unless it hires the employees who are best suited for their particular position and role. Another important…
Birkinshaw, J., Bouquet, C., & Ambos, T.C. (2007). Managing executive attention in the global company. MIT Sloan Management Review. Summer 2007. 62-78.
Dhar, S. & Balakrishnan, B. (2006) Risks, benefits, and challenges in global IT outsourcing:
Perspectives and practices. Journal of Global Information Management 14(3), 39-69.
Moran, J. (1999) Outsourcing successful if bottom line improves. Computing Canada 25(34),
Brabek-Letmathe concentrates on earning their trust through an intentional focus on being accountable, transparent and focused on making sure they know exactly why first-order change decisions are made (Burrus-Barbey, 2001). The bottom line is that the CEO knows that by keeping disruptions to a minimum he will ensure a higher level of productivity and profitability over time, and also lose less time to disruption from unnecessary confusion over change. Given the culture of the company it is completely understandable that he is taking such a conservative pace to change.
What implications for change managers would apply specifically to Nestle? Outline how the Nestle management team hay have reaction to each implication.
The first implication for change managers within Nestle is the need to be accountable, transparent and focused on how best to create trust between subordinates and management. From this foundation of trust, both first- and second-order change can be…
Cristiano Busco, Mark L. Frigo, Elena Giovannoni, Angelo Riccaboni, Robert W. Scapens. (2006). INTEGRATING GLOBAL ORGANIZATIONS THROUGH PERFORMANCE MEASUREMENT SYSTEMS. Strategic Finance, 87(7), 30-35. Retrieved January 11, 2009, from ABI/INFORM Global database. (Document ID: 983634561).
Katrina Burrus-Barbey (2001). Leadership and global management at Nestle. Strategic Direction, 17(2), 5-7. Retrieved January 12, 2009, from ABI/INFORM Global database. (Document ID: 269085651).
Sebastian Raisch, Georg von Krogh. (2007). Navigating a Path to Smart Growth. MIT Sloan Management Review, 48(3), 65. Retrieved January 14, 2009, from ABI/INFORM Global database. (Document ID: 1250414251).
There was also a tainted milk outbreak that affected more than three hundred thousand Chinese children. The products were found to have traces which are very minute. This has led to the delisted of nestle products from china. This is a very big blow to nestle as a company since it has lost a big population which as a consumer of its products. This means that the ethical dilemma that faces the products of the company is a great challenge since it has an adverse effect on the economics of the company.
Another ethical dilemma showed its face in nestle in the recent years that comprised of nestles dealing with farms that were seized in Zimbabwe where they where it was buying its milk in 2008.thius meant that most of the customers who bought the Nestle products in Zimbabwe stopped or reduced since they were in full knowledge of where…
Demand Media, Inc. (2012). How to identify & evaluate the Ethical Dilemmas of Nestle. Retrieved December 3, 2012 from http://www.ehow.com/how_5895247_identify-evaluate-ethical-dilemmas-nestle.html
HESHEY'S ENTEPISE 21 POJECT AND NESTLE'S ENTEPISE ESOUCE PLANNING IMPLEMENTATION
THE HESHEYS' ENTEPISE 21 POJECT VESES NESTLES' ENTEPISE ESOUCE PLANNING.
Hershey's Enterprise 21 Project which was approved several years ago allowed scrapping of the software so as to process time related procedures accurately. This project was supposed to allow Hershey change and streamlined the process of business (Thompson, 2009). Hershey chose SAP which it would be complimented by transportation and planning management software and new sales software from Siebel systems, this provided the center working of the system.
Enterprise esource Planning is a comprehensive software system which is designed to perform and manage the critical operations of an organizational function by permitting different items to come together under a single infrastructure to serve the need of each department (Motiwalla and Thompson, 2009). The main purpose of Enterprise esource Planning systems is to eliminate data reluctance and to improve their flexibility…
Motiwalla, L. And Thompson, J. (2009). Enterprise Systems for Management. New Jersey: Pearson Prentice Hall
Booth, Peter et al., (2000). The Impacts of Enterprise Resource Planning Systems on Accounting Practice. Australia Accounting Review, Vol 10
Rollald, C. And Prakash, N.(2000). Bridging the Gap between Organizational Needs and Enterprise Resource Planning Functionality. Requirements Engineering, 5(3)
Feller J, Fitzgerald B, Hissans and Lakhani K, (2005). Perspective on Free and Open Source Software, the MIT Press.
Nestle (Philippines) had capitalized on the instant coffee boom in the Philippines and by 1996 the company saw its market share climb from 52% to 66%. Instant coffee consumption had more than doubled in the country and while this was good news for Mascenon (Vice-President of Nestle's Instant Drinks Department) the problem he now faced was this: how to maintain market share in the face of rising stiff competition (created by a number of variables) without cutting into profits by lowering prices in order to stay competitive with off-brands and other multinationals coming into the Philippines on the back of relaxed tariffs.
Nestle had grown from a baby formula company in the 19th century to a producer of a wide range of food products in the 20th century (largely a result of war-time acquisitions). By the end of the 20th century it was bringing in more than $6…
Nestle Scientists Find Method to Cut Sugar in Chocolate by 40%
Scientists have invented some new alternatives that can be used in place of sugar but still have the same palatability, appearance and preservative power as the original, natural sweetener. his INNOVAIVE discovery will hopefully be embraced by several SUCESSIVE SEGEMENS of consumers, beginning with EARLY ADOPERS and then spreading out to more reluctant LAGGARDS. Producers of candy such as Nestle are seeking an edge upon their competition…
This smart garden turned me into the laziest gardeners ever
EARLY ADOPTERS with green thumbs who have a favorable attitude to SCIENCE are always seeking to find better ways to grow their gardens. Gardeners with EMPATHY may feel sad when the plants that they have carefully cultivated die. This is where Click and Grow Smart Garden can be useful. This INNOVATION lets ADOPTERS grow plants with minimal effort. The device specifically alerts the gardener when plants need water. It is plugged into a power source. It also includes a plastic tank that the gardener can fill with water and a cover to insulate the garden. The gardener can plant the included plant capsules in the garden's smart soil. Despite its INNOVATIVENESS, there are fears that gardeners whom the manufacturer CHARACTERIZES as LAGGARDS will feel that the machine takes away the pleasure of caring for a plant and reduces gardening to and preprogrammed electronic gadget.
In its official press releases and documents and in scholarly journal articles written with Nestle Waters SA grant money, the company is battling to put the best spin on its bottled water sector, as well as other parts of the company as well.
Adler, Brett. "Nestle draws fire for plans to pump more water from North Florida springs." Dec., 02, 2010.http://floridaindependent.com/16102/nestle-draws-fire-for-plans-to-pump-more-water-from-north-florida-springs (accessed Dec. 08, 2010).
Fact-Checking State Supreme Court Ads." Oct. 29, 2010.
http://www.newsweek.com/2010/10/29/fact-checking-state-supreme-court-ads.html (accessed Dec. 08, 2010).
Lawrence, Felicity. "Processed cereals represent a triumph of marketing, packaging and U.S. economic and foreign policy.." Nov. 23,
2010. http://www.guardian.co.uk/business/2010/nov/23/food-book-extract-felicity-lawrence (accessed Dec. 08, 2010).
Miller, Ethan. "Should private companies control our most precious natural resource?."
Oct. 8, 2010.http://www.newsweek.com/2010/10/08/the-race-to-buy-up-the-world-s-water.html (accessed Dec. 08, 2010).
"Nestle India plans collaboration to help manage diabetes." Dec. 07,
2010.http://www.ausfoodnews.com.au/2010/12/07/nestle-india-plans-collaboration-to-help-manage-diabetes-2.html (accessed Dec. 08, 2010).
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Adler, Brett. "Nestle draws fire for plans to pump more water from North Florida springs." Dec., 02, 2010. http://floridaindependent.com/16102/nestle-draws-fire-for-plans-to-pump-more-water-from-north-florida-springs (accessed Dec. 08, 2010).
Fact-Checking State Supreme Court Ads." Oct. 29, 2010.
http://www.newsweek.com/2010/10/29/fact-checking-state-supreme-court-ads.html (accessed Dec. 08, 2010).
Lawrence, Felicity. "Processed cereals represent a triumph of marketing, packaging and U.S. economic and foreign policy.." Nov. 23,
Product Life Cycle
When we talk about the strongest multinational companies of the world then Nestle is definitely one of the names that triggers in everyone's mind. Nestle is the world's No.1 food manufacturing company. Nestle is a Swiss multinational company whose product are available almost in every part of the world. Most of the Nestle products are in a market leading position. Nestle company was established in 1866 and since that day, it has proved itself as one the leading companies of the world with its improved quality, innovative ideas of marketing and attractive packaging (Nestle, 2007).
Nestle launched its first juice in 1996 and since then it has spread its product largely. The consumers' response to the flavored juices of the Nestle Company was upbeat. This further strengthened the position of the Nestle Company in the market as the unbeatable leader. Later on, the company innovate the…
Franzen, G., & Moriarty, S. (2009). The Science and Art of Branding. Armonk, N.Y.: M.E. Sharpe.
Jennings, M.M. (2012). Business: Its Legal, Ethical, and Global Environment. Mason, OH: South-Western Cengage Learning.
Morschett, D., Schramm-Klein, H., & Zentes, J. (2009). Strategic International Management. Wiesbaden: Betriebswirtschaftlicher Verlag Gabler.
Nestle, M. (2007). Food Politics: How the Food Industry Influences Nutrition and Health. Berkeley, Calif. [u.a.]: Univ. Of California Press.
("Code of usiness Conduct," 2010)
Explain how Nestle establishes and manages relationships with its primary stakeholders.
Nestles builds and manages its relationship with primary stakeholders by ensuring that they are consistently delivering to them the kind of results; that will promote the long-term stability and growth of the company. This is achieved by finding those businesses / products that have the potential to contribute to the company's bottom line growth, during times of expansion and economic contraction. This is significant because it establishes and maintains strong relationships with shareholders, who see directly how such a strategy is benefiting them. A good example of this would be the 4.8% growth rate that the company delivered in the first quarter, despite the fact that many companies are struggling. ("Strong First Quarter Results," 2010)
Discuss the leadership tasks that are fundamental to Nestle's success.
Management has the responsibility of providing leadership to the…
About Us. (2010). Retrieved April 23, 2010 from Nestle website:
Code of Business Conduct. (2010). Retrieved April 23, 2010 from Nestle website:
As an advisor to Reynolds, I would point out that in terms of operations, there is nothing special about Eskimo Pie, but the company still receives the benefit of being the first ice cream novelty on the scene and the brand value that flows from that fact. Going solo may grant the firm complete control over than brand, but operationally it does not grant the firm national license and corresponding economies of scale.
The Nestle offer is based upon the opportunity for that company to earn synergies with respect the offering -- combining the strength of the Eskimo Pie brand with the global marketing clout of Nestle. As a standalone company, Eskimo Pie still holds significant value, but not nearly as much values as if it was a standalone operation.
As a standalone operation, Eskimo Pie earns $0.76 per share, which taken on time equals to $9.50, which when multiplied…
business scandals in the early 2000s brought the issue of business ethics to the fore -- Enron, WorldCom and Tyco. The three share some similarities but they are different in other ways. Enron was simply a case of criminal activity. The company's management did not publish financial statements and when they did the statements completely misrepresented the company's financial position. This occurred on the direction of the senior management team, with the complicity of the auditor, Arthur Andersen. These managers were heavily invested in Enron and therefore had a strong personal interest in creating phony financial statements in order to pump up the company's stock price. The corruption at Enron ran deep within the company, such that the scandal all but wiped the company out.
The situation at WorldCom was that CEO Bernie Ebbers was a heavy owner of the company's shares. As such, he benefitted from implementing an aggressive…
PBS. (2013). Accounting fraud is business as usual at the Pentagon. PBS News Hour. Retrieved December 4, 2013 from http://www.pbs.org/newshour/rundown/2013/11/accounting-fraud-is-business-as-usual-at-the-pentagon.html
However, the issue is more nuanced -- what if, as a humanitarian effort, a pharmaceutical company sold recently expired drugs at very low cost to an impoverished developing nation in the grips of an epidemic? hat if a food company donated food that was safe but 'past its expiration date' to a famine-stricken nation? In this case, a utilitarian calculus would support such exchanges. The balance between the benefit of being cured or not starving to death and potential harm of bad drugs or food would suggest such a donation was ethical. From a Rawlsian point-of-view, imagining whether you were the producer or the consumer, it seems likely that 'you' the consumer would take a risk of eating safe but recently stale rice to avoid starvation, much like a producer would be happy to gain good publicity and unload goods that cannot be sold in the U.S. Everyone, in short,…
Shaw, W.H. & Barry, V. (2007). Moral issues in business. (10th ed.). USA: Thomson
predicaments associated with the modern way of life unfortunately consist of many different natures. ut perhaps the most pressing genre is that of deteriorating health conditions. People are generally susceptible to a number of hazardous medical conditions and the prime reason for that is the type of diet that everyone adopts. According to the research conducted by Young and Nestle, "Overweight and obesity have increased sharply since the early 1980s in the United States and worldwide." (Young and Nestle 1) This is a source of major concern since weight problems simultaneously give rise to chronic conditions such as diabetes, hypertension and coronary heart disease, thereby reducing general level of life expectancy.
Due to the rapid augmentation of such concerns, the government of the United States has brought forward certain regulations that control portion sizes offered in restaurants. The implementation and reception of such a decree are open to debate, but…
Condrasky, Marge, Ledikwe, J.H., Flood, J.E. And Rolls, B.J. "Chef's Opinion of Restaurant Portion Sizes." Obesity Vol. 15 (2007): n. pag. Web.
Raats, Monique M., and Wills, J.M. Food Consumer Behavior and Health. Proc. Of Consumer Response to Portion Information on Food and Drink Packaging. N.p.: n.p., n.d. 1-23. Print.
Thomas, Lionel, Jr., and Mills, J.E. "Consumer Knowledge and Expectations of Restaurant Menus and Their Governing Legislation: A Qualitative Assessment."Department of Hospitality and Tourism Management (006): n. pag. Web.
Young, Lisa R., and Nestle, M. "Portion Sizes and Obesity: Responses of Fast-Food Companies." Journal of Public Health Policy (2007): 238-48. Web.
This is because the public image that is created can be very good for creating a good reputation and company image. This is mainly fueled by positive consumerism.CS should therefore be integrated into corporate strategy.
Almost all parts of the industries that deal with packaging, not excluding food packaging, are facing several environmental problems. For instance, the shops that are dealing with fast-food are receiving a lot of pressure to minimize the quantity of the solid wastes that they are generating (Testin and Vergano, 1991). As a result, the company will result into numerous environmental problems. Packaging is indeed an essential part of modern life style. The loss from packaging is more rampant in the firms that process food and those in the system of distribution. In the countries that are still developing, packaging is a rare thing and sometimes, it does not exist. In such…
Demetrakakes, P. (2004, Oct). Nestle's packaging wraps up the world: a truly international food company combines local and global strategies in packaging its huge array of products
Domberger, S. And Fernandez, P. (1999), Public-Private Partnerships for Service Delivery.
Business Strategy Review, 10: 29 -- 39
Kakabadse, a.P. And Kakabadse, N. (2000a) Sourcing: new face to economies of scale and the emergence of new organizational forms. Knowledge and Process Management 7(2), 107 -- 118.
Yet, given the situation in which this decision cannot be overruled, it is necessary, under the libertarianism theory, to allow the same products to be distributed to other regions, without the imposition of any constraints.
3. Export commodities which have the potential for misuse. pecifically, did Nestle act irresponsibly in marketing infant formula to the third world?
The answer for this question is again a strong No, as the state should not become involved in market operations. Under the libertarianism theory, the role of the state is minimal and the political field is not to become involved in business decisions. Whilst the decision is in fact disputable in ethical terms, according to libertarianism, every consumption decision is to be made by individuals and the distributors and manufacturers should only be constrained by their clients, not by political regulations.
Machan, T.R., 2006, Libertarianism defended, Ashgate Publishing Ltd.,…
Machan, T.R., 2006, Libertarianism defended, Ashgate Publishing Ltd., ISBN 0754652165
The success or failure of an organization unreservedly depends upon the behavior of consumers towards its products or services (Kotler, 2010). Consumers have now become more knowledgeable and conscious towards choosing and consuming products. They do not just buy a product; but make a relationship with that brand and the manufacturer of that product (Oliver, 1999). This relationship reflects their consumption patterns and brand preference. This is the fact which business organizations must recognize about consumer behavior (Farley, 1964). To stumble upon this consumer behavior, organizations use different marketing and promotional strategies to stay competitive within their respective industries. In this way, they explore what is their potential target market and what they can do to meet these consumption demands (Kotler, Brown, Burton, Deans, & Armstrong, 2010).
The purpose of this paper is to analyze the behavior of consumers towards the products offered by one of the…
Farley, J., (1964). Why Does "Brand Loyalty" Vary our Products? The Journal of Marketing, American Marketing Association, Vol. 1, No. 4, pp. 9-12
Kotler, P., (2010). Principles of Marketing: A South Asian Perspective, 13th Edition. India: Pearson Education
Kotler, P. Brown, L. Burton, S. Deans, K. Armstrong, G. (2010). Marketing. 8th Edition. U.S.: Prentice-Hall
Nestle.com, (2011). About Us. Retrieved on October 16th, 2011 from
Strategic Audit a Corporation1 I. Current Situation A. Current Performance How corporation perform past year terms return investment, market share profitability? B.
Nestle's performance Audit Report
Performance of Nestle in the year 2011
In the developed world the corporation faced economic frailty and uncertainty more so in the developed world. The economic down turns in the developed world economies had a significant impact on the performance of the product in the market which set in new challenges. Key to remaining afloat with all this challenges at Nestle is to focus on delivery of both short-term performance result and considering investing along the long-term profitability and sustainable lines Nestle The World's Leading Nutrition, Health and Wellness Company 32()
On top of the normal growth Nestle corporation experienced organic growths of up to 7.5%. Real internal growth was recorded at 3.9% while growth in pricing stood at 3.6% Nestle The…
Myers H. Trends in the Food Retail Sector across Europe,. Oxford London,: Oxford Institute of Retail Management, 2004. Print.
Nestle. Nestle Corporate Governance Report http://www.nestle.com/Common/NestleDocuments/Documents/Library/Documents/Corporate_Governance/Corp_Governance_Report_2011_EN.pdf2011 . Print.
-. The World's Leading Nutrition, Health and Wellness Company. http://www.nestle.com/Common/NestleDocuments/Documents/Library/Documents/Annual_Reports/2011-Annual-Report-EN.pdf : Nestle S.A., Cham and Vevey (Switzerland), 2011. Print.
As will be shown below, the bottled water market is increasingly competitive and consumers have a dazzling array of choices available to them. It is clear that Voss has taken this into account when developing its sophisticated packaging, some samples of which are shown in Figure ____ below.
Figure ____. epresentative Sampling of Voss Packaging Techniques.
Source: noisedfisk.com/illustrations/vosswater.jpg, www.uncrate.com/men/images/voss-water.jpg, http://www.urbanfare.com/featuredfare/images/weeklyad/voss_water.jpg
In fact, one new admirer of the Voss brand unashamedly proclaimed that even though she liked the water, it was the "wicked cool" Voss packaging that sold her: "Yesterday, I drank a few bottles of Voss Artesian Water from Norway. One was Still. One was Sparkling. Both were pretty good but its wicked cool glass bottle is the best thing about it. My friend Sharon said she paid $20 for a bottle of Voss at the tres upscale Michael Mina estaurant in San Francisco, which was more than she…
AquaMaestro: The Source for Fine Waters. (2007). Available: http://www.aquamaestro.com/innerview.asp?catid=33 .
Aras, Bulent. (2004). "The Future of Liberal Islam," Futures, 36(9), 1034.
Beer, Cider and FABs in Turkey to 2010," 2007, MarketResearch.com. Available: http://www.market research.com/product/display.asp?productid=1474151&xs=r.
Brown, F.E., S.J. Neary and M.S. Symes. The Urban Experience: A People Environment Perspective (London: E & FN Spon), 1994.
Business and Corporate
business strategy analysis of kraft foods
Analysis of Business Level Strategy
Kraft Foods Inc. is the second largest food company in the world and makes annual revenues in excess of $54 billion (Kraft Foods Annual eport, 2012). It operates in a highly competitive consumer foods industry where high volume sales are essential for competitive success. Tapping into new markets and growing one's brand portfolio are also important for growth and success.
Kraft Foods Inc. pursues a number of business-level strategies to support its corporate level strategies. The business level strategies are determined by answering the question How do we compete? (Ireland, Hoskisson & Hitt, 2008). Kraft Foods Inc. has selected product differentiation and brand development as its primary business level strategy. Product differentiation involves creating and conveying to the consumer a unique feature of the product portfolio that distinguishes the company from the competition and…
Furrer, O. (2011). Corporate level strategy: Theory and applications. (p. 2). Routledge
Ireland, R.D., Hoskisson, R.E., & Hitt, M.A. (2009). Understanding business strategy: Concepts and cases. (p. 88). Cengage Learning
McKern, B. (2003). Managing the global network corporation. (p. 125). Routledge
O'Grady, T.P., & Malloch, K. (2010). Innovation Leadership. (p. 371). Jones & Bartlett Learning.
Brand Strategy Management
Nespresso Brand Strategy
History of Nespresso
Mission and Ambition of Nespresso
Business Product ranges
n home product Ranges
User Segmentation and Target Market
The evolution of the Packaging
Design of The Boutique
Nespresso brand equity
ncrease the number of boutique stores
Brand Association and management
History of Nespresso
Nestle was founded in 1866 by Henri Nestle in Vevey, Switzerland. Today Nestle is the world largest corporation in the food, nutrition, health, and wellness markets. The company now has more than 8000 products in their portfolio in various markets and they own over 140 brands. Since the beginnings, Nestle has been loyal to the traditionally and healthy made products. n 2012…
In 1987 the first Nespresso system was launched in Italy the world largest espresso drinking market and Switzerland, Nespresso's hometown follow by Japan the fastest growing of Asia's coffee market, strategy in targeting the business sector. By the end of 1987 only half of the manufactured Nespresso's machines were sold due to limited of this sector and subsequently, in 1992 Nespresso strategy was shift to focus in household market and targeting consumer at the top of market as its believed to build long-term business with discerning consumer Nespresso have to be in household market (IMD International, 2003).
Nespresso accomplished break-even in 1995 and became one of the fast growing business in the Nestle' corporation. Even with the economical crisis, the increase of competition and the increase of raw materials nothing seems to stop Nespresso's growth. Since 2000 Nespresso's sales have been multiplied by 16 (or 30%) to attain 2,5 billion euros. Furthermore, the company sold 450 millions capsules in 2000 and 6 billion in 2010. To give you an idea 12,300 cups of Nespresso are drunk each minute in the world. (Bader, 2011)
In the present Nespresso is actually the leader in the European market. It is present in markets all around the world for instance Belgium, Germany, Great Britain, America and Japan. Most of the sales of Nespresso are account at 80% by Europe while the rest of the world provides for the 20% left over (Bader, 2011). In 2012 Nespresso open 270 boutiques in the big city and employ more than 7000 around
Hershey's is a listed company. Its products are sold in Hershey's own retail stores, but also in most store chains. In addition to this, the company develops several partnerships with suppliers.
Some of the most important issues in the company's code of ethical conduct that ensure its success are represented by promoting diversity, producing products consumers can trust, and dealing fairly within the marketplace. In order to benefit from productive employees it is important to develop a cultural environment that sustains their productivity (Hershey's, 2012). One of the most efficient ways to reach this objective is to promote workplace diversity. This ensures that all issues are viewed from different points-of-view, and that different solutions can be determined. It also ensures that employees can improve their skills of anticipating situations that can affect the company's activity.
Producing products consumers can trust is one of the most important issues that…
4. Corporate Social Responsibility Report (2014). Hershey's. Retrieved July 6, 2014 from http://www.thehersheycompany.com/social-responsibility/shared-goodness/pdfs/2013_THC_CSR_140505_V6_TR.pdf .
5. The Hershey Company (2012). Industry Today. Retrieved July 6, 2014 from http://industrytoday.com/article_view.asp?ArticleID=FDQ_F23_hershey.
6. Hostetter, C. (2004). Sugar Allies: How Hershey and Coca Cola Used Government Contracts and Sugar Exemptions To Elude Sugar Rationing Regulations.
In the "question marks" category were introduced the products of the "Specialty channel," as they appeared in 2004 and tried to conquer a relatively new market for the company, that of the non-traditional products. Therefore, this attempt has not been proved to be a real success because, just as in the case of the natural, organic and frozen products, the market of the specialties had been reached by other companies and, even though the investments were quite high, because the offer of products was diverse, the growth has proved to be quite low.
The QSPM Matrix
Having all these in mind, the main two directions I could identify for the Kellogg Company to follow are represented by a potential enlargement of its company in Europe -where for example, the sugar free chocolate chips cannot be found- or by a diversification of the products line in the North America, the most…
Henry H. BEAM, "Kellogg Company-2005," Western Michigan University
Rory O'BRIEN, "Normative vs. Empirical theory and Method," New York American library, 1981
J.P. GUILFORD, 'Psychometric Methods," McGraw-Hill, New York, 1954
E. GUMMERSSON, Relationship Marketing," Macmillan Publishing Company, New York, 1993
IT Project Management Questions
Outsourcing -- Big Savings, Big Risks
Social Software for Project Management
Social Software can provide a number of opportunities for managing projects. What are some challenges or issues that should be considered before a project team implements a blog or a wiki?
Jonathon Edwards, an analyst with the Yankee Group, states that "Some people clutch to their corporate email boxes as if they were cigarettes. They're hopelessly addicted. We're all so accustomed to it. You can't change the way people work overnight." Blogs and wikis have a number of advantages over email. As a project manager, how could you reduce your project's team's resistance to rely less on email and embrace the use of social software?
Global Technology Solutions
Question One -- What role does quality play in the IT project Methodology?
How does verification/validation and change control support quality in an IT project?…
Ethics in Marketing
Ethics of Marketing
Ethics in Marketing
In order to realize themselves as socially responsible corporate entities, business organizations have to maintain a sound ethical track record in every aspect of their business (Arnold 2009). They have to formulate their business policies and strategies in such a fashion that no societal values are exploited and no human being is harmed in any way (Crane & Matten 2007). It is essential for organizations to keep themselves on the safest ethical path in their marketing, promotional, and general operational activities (Lamb, Hair, & McDaniel 2012). It cannot only save them from severe criticism by their stakeholders, but also contribute towards a sustainable future in their industry. especting the ethical values and social norms of a society helps an organization in standing on competitive grounds among its competitors and strengthening its public image (Abela & Murphy 2008).
Abela, A.V., & Murphy, P.E., 2008, Marketing with Integrity: Ethics and the Service-Dominant Logic for Marketing, Journal of the Academy of Marketing Science, 36 (1): 39-53
Arnold, C., 2009, Ethical Marketing and the New Consumer. Chichester: John Wiley & Sons
Crane, A., & Matten, D. 2007, Business Ethics: Managing Corporate Citizenship and Sustainability in the Age of Globalization. 2nd Edition. Oxford [u.a.]: Oxford University Press
Kurtz, D.L., 2012, Boone & Kurtz Contemporary Marketing. 15th Edition. Mason: South-Western Cengage Learning
organizations customer markets fundamental business models • In a 3- 5-page paper, apply framework -market analysis (external labor markets, internal labor markets, capital markets, customer markets) conduct a compensation strategy analysis competitive landscape organizations • In addition, organization, highly influential, large population job organization apply question, "What economic difference organization performance job, poor, mediocre outstanding?" Post a multiple market analysis.
Competitive Landscape Analysis on Three Companies
Coca Cola Competitive Landscape Analysis
External Labor markets
Coca Cola is one of the most well-known companies on international level. The company is an established brand with high popularity. Coca Cola has built in time significant emotional attachment to this brand from customers, employees, and business partners. Therefore, it is expected that numerous individuals want to work for the company. Coca Cola has developed a recruitment and selection process oriented towards external sources of recruitment especially regarding entry level and mid level positions. This…
1. Russell, K. (2012). Internal Recruitment: Right or Wrong? HR Magazine. Retrieved May 6, 2013 from http://www.hrmagazine.co.uk/hro/news/1073667/internal-recruitment-wrong .
What needs to first be improved upon is the lack of ownership on the part of the unionized workers, yet even more systemic is the challenge that Perrier management has in how workers are accustomed to prosperity in an era of economic downturn. Gaining consensus with unions during a contraction of their business cycles is going to be difficult. What needs to first happen is that the Perrier and Nestle' management teams needs to first focus on being transparent and honest about the need to change, and taking pay cuts, reductions in bonuses and in generals being the champions of the needed change first (Brown, Cregan, 2008). This will help to increase their credibility with the union workers, and also show they are willing to make sacrifices they are calling on others to do as well. Second, Perrier and Nestle' management must focus on creating measures of progress that equally…
Michelle Brown, Christina Cregan. (2008). Organizational change cynicism: The role of employee involvement. Human Resource Management, 47(4), 667.
Retrieved January 22, 2009, from ABI/INFORM Global database. (Document ID: 1598548371).
Christina Passariello (2004, March 17). Nestle's Dispute With Perrier Could Be Coming to a Boil Soon. Wall Street Journal (Eastern Edition), p. 1. Retrieved January 22, 2009, from ABI/INFORM Global database. (Document ID: 580630441).
Capitalism is predicated on the principles of "Creative Destruction" where the loss of one item or industry, leads to the creation of another more beneficial product or industry. This principle has both destroyed and given rise to numerous industries throughout the world. For example, in the early 1900's, farming gave way to the industrialization of American made goods. Producers went from the farm lands to the assembly line of manufacturers. Entire industries, including the automobile, rail; oil and gas industries were born and created. Today, we are seeing a shift from producing tangible products to producing intangible services and technology. Industries often change for the better. The low-calorie frozen, microwavable food industry is no different in this regard. Shifts and changes in consumer preferences and industry dynamics necessitate a shift within the overall industry. In assignment 1, the industry was predicated on perfect competition with price competition and products that…
1) Bradley R. chiller, "Essentials of Economics," New York: McGraw-Hill, Inc., 1991.
2) Chia-Hui Chen, course materials for 14.01 Principles of Microeconomics, Fall 2007. MIT OpenCourseWare ( http://ocw.mit.edu ), Massachusetts Institute of Technology. Downloaded on [12 Sept 2009]
3) Sullivan, Arthur; Steven M. Sheffrin (2003j). Economics: Principles in action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 111. ISBN 0-13-063085-3.
4) Silberberg & Suen, The Structure of Economics, A Mathematical Analysis 3rd ed. (McGraw-Hill 2001) at 181
Starbucks succeeded in Asia specifically because it did not market the same way that it did in North America. Cultural differences made it difficult to market their primary product (coffee), so they shifted focus to their secondary product (the casual "third place"), something that is in high demand in Asia's densely populated cities and Asia's communal culture (Chang, 2010). Had Starbucks stuck with its focus on coffee, the message would have been lost on tea-drinking Asian consumers.
The notion that products can be marketed the same all the world over is a fanciful one. Even the world's most ubiquitous companies tailor their products, their distribution and their promotional strategies to the local conditions. The brand may be the same, but the marketing behind the brand is often very different.
4. There are a number of costs beyond the domestic price that must be considered when marketing abroad, including product-related costs,…
Johnson, J. & Arunthanes, W. (1995). Ideal and actual product adaptation in U.S. exporting firms: market-related determinants and impacts on performance. International Marketing Review. Vol. 12, 3, 31-46.
Chang, D (2010). In Asia, marketing 101 doesn't work. Harvard Business Review. Retrieved February 14, 2010 from http://blogs.hbr.org/cs/2010/02/in_asia_marketing-101-doesnt-work.html
No author. (1999). Pricing, quotations and terms. UNZCO. Retrieved February 14, 2010 from http://www.unzco.com/basicguide/c11.html
Rong, C. (2004). Feeding a behemoth. Far East Economic Review. ISSN: 0014-7591
There are other coffee chains in the country, but none of them are American, so Starbucks has an edge there. However, in more fashionable areas of Beijing there are Chinese coffee shops that offer their own take on a relaxing coffee shop experience. Starbucks must position not only against foreign competition and traditional Chinese tea culture, but against the inevitability of a Chinese-grown competitor. As CEO, I would recommend that Starbucks double down on the American-ness of its experience. This gives the company an edge that cannot be easily matched. However, the company must also work with its local franchisees to ensure that it leads trends, rather than follows them, as Chinese competitors emerge. Many of the new competitors will emulate the more successful aspects of Starbucks' business model, so branding and brand protection are going to be critical elements of the company's expansion strategy going forward. Starbucks must enter…
Baertlein, L. & Jones, T. (2012). Lingering customers just one hurdle for Starbucks China growth. Reuters. Retrieved October 31, 2012 from http://www.reuters.com/article/2012/04/18/us-starbucks-china-idUSBRE83H0ET20120418
Doherty, D. (2012). Nestle to battle Starbucks in Chinese premium coffee market. Bloomberg. Retrieved October 31, 2012 from http://www.bloomberg.com/news/2012-10-16/nestle-to-battle-starbucks-over-chinese-portioned-coffee-market.html
Oches, S. (2012). The QSR 50. QSR Magazine. Retrieved October 31, 2012 f rom http://www.qsrmagazine.com/reports/qsr50-2012-top-50-chart
Starbucks 2011 Annual Report. In possession of the author
Lipton Tea Can Do That
Term Marketing Project on Lipton Iced Tea
Lipton Iced Tea
Lipton Iced Tea is a beverage launched by Lipton in collaboration with Pepsico. Lipton is an established brand in the tea market while Pepsico has a prominent presence in the soft drink industry.
Ever since the popularity of tea started to grow in the West, particularly in the United States of America, the tea market has evolved through various stages. In order to dominate the market, major tea producers like Lipton, Tetley and Nestea have kept on coming up with innovative varieties of tea. Lipton, which has the reputation of being the most original brand in terms of variety launched cold beverage, Lipton Iced Tea, thus adding a new dimension to the tea market. Lipton Iced Tea enjoys even more popularity after the recent researches stated the healthy benefits of consuming tea. Moreover, the iced…
Anonymous. (n.d.) A Marketing Plan for Lipton Ice Tea. Retrieved from www.*****/samples/Marketing_Plan.pdf
Anonymous. (1993, October). The many facades of tea. Entrepreneur.
Thefind. (n.d.) Retrieved from http://www.thefind.com/food/browse-lipton-iced-tea
Lipton. (2010). Rainforest Alliance. Retrieved from http://www.liptont.com/tea_experts/sustainability/index.aspx
Business Ethics in an International Environment
Business Be constrained
To what extent should a business be constrained by the moral norms of a society?
A business organization does not exist with the sole purpose of maximizing its profits; it is also supposed to be a socially responsible corporate citizen. Incorporating a sense of respect for social and cultural norms of the society is essential for business organizations if they want to achieve a sustainable future in the industry. Social norms of the society should be followed by every business organization; irrespective of its size, nature of business, type of industry, or geographical location. It becomes even harder for organizations to mold their policies, procedures, and operations according to the cultural, social, and moral norms shared by the members of the society in an international environment.
This paper has been written with a view to discuss the importance of…
Validation of Commercial Baking as an Effective Step to Control/Inactivate Salmonella in Baked Products
Major findings, analysis and conclusions
Description of the baking industry and baking emphasis in the United States.
Purpose and structure of importance
Description of the problem being addressed and its importance to the practice of applied food safety
Process of Consultation
Outline how the client (ABA) will be engaged and carefully define the problem
Identification of key stakeholders
Overview and feedback of findings and results
ecommended actions and dissemination of these recommendations
Plans for implementation and measurement
Major findings. The U.S. had approximately 167,600 baker positions available in 2012 and around 6% of these were self-employed (Bakery business, 2016). Although industry analysts project sustained growth in the U.S. baking industry, this growth will not be on par with other industries (Bakery business, 2016). Currently, the U.S. baking industry is a nearly $310 billion industry that has…
About us. (2016). American Bakers Association. Retrieved from http://www.american bakers.org/.
Albion, R. G. & Williamson, H. F. (1944). The growth of the American economy: An introduction to the economic history of the United States. New York: Prentice-Hall.
Bakery business. (2016). SBDC Net. Retrieved from http://www.sbdcnet.org/small-business-research-reports/bakery-business-2014 .
Baking industry economic impact study, 2016). American Bakers Association. Retrieved from http://www.americanbakers.org/industry-data/.
As stated before, the competition in the coffee shops industry has increased drastically during the past recent years. In 2003, the industry had registered total sales of over $6 billion (Ferguson, 2004). The top five competitors of Sweettreats would be: Starbucks, Nestle, McDonald's, Dunkin and Gloria Jean's.
Gloria Jean's is among the leaders of the industry and they basically address their products to the young population. The corporation is based in Australia but present in numerous countries of the globe through franchise contracts (Official Website of Gloria Jean's, 2008).
Dunkin Donuts is a U.S. based company, namely headquartered in Quincy, Massachusetts. In 2006, they registered annual revenue of over $4 billion. They address all types of consumers and sell a wide palette of coffee-based beverages and foods (Official Website of Dunkin Donuts, 2008).
Starbucks is the undisputed leader of the industry and in 2006 they registered annual revenues…
Dawidowska, K., April 1, 2002, Coffee Overload. Agree that coffee from gourmet coffee shops is too expensive - Almost 3 in 4 coffee shops patrons 72%, American Demographics
Dream, C.S., 1997-2008, How to Start a Coffee Shop, Home Business Inc., http://www.homebusinesscenter.com/how_to_start/coffee_shop.htmllast accessed on February 28, 2008
Ferguson, M., 2004, Specialty coffee retail in the U.S.A. 2003-04, Specialty Coffee Association of America, Retrieved at http://www.scaa.org/pdfs/press-coffee_retail_sales.pdfon February 28, 2008
Fisenko, a. And Associates, 2006, How to Start a Successful Coffee Shop, a Coffee-Espresso Drive-Thru or a Coffee/Espresso Cart, Espresso Business, http://www.espressobusiness.com/last accessed on February 29, 2008
1. The dilemma of Obesity
Mokdad et al., (1999) in his study found that the issue of unhealthy weight, overweight and obesity are perhaps one of the rising concerns for the Americans in the 21st century as more and more U.S. citizens become vulnerable to the circumstantial risks and dangers of the phenomenon (Mokdad et al., 1999). It is usually the body mass indexes (BMI) that indicate whether a person is actually overweight or not. The National Health and Nutrition Examination Survey (NHANES) carried out a study for the years 1999 to 2002 using the BMI phenomenon and concluded that about 65% of U.S. citizens in the adulthood years were categorized under the overweight group because of their BMI (Division of Nutrition and Physical Activity, National Center for Chronic Disease Prevention and Health Promotion, 2005).
To understand the phenomenon of obesity and its rise, it's important to understand…
Adam Drewnowski and S.E. Specter (2004), Poverty and Obesity: The Role of Energy Density and Energy Costs, American Journal of Clinical Nutrition 79, no. 1: 6-16.
Akande, a. & Akande, B.E. (1994). On becoming a person: Activities to help children with their anger. Early Child Development and Care, 102, 31-62.
Akande, a. Wyk, C.D.WV. And Osagie, J.E. (2000). Importance of Exercise and Nutrition in the Prevention of Illness and the Enchancement of Health. Education. 120: 4.
Alexander, M.A., & Blank, J.J. (1988). Factors related to obesity in Mexican-American preschool children. Image, 20(2), 79-82.
The internal and external elements of the candy industry and the competition
Hershey was once the most dominant company within the American candy industry: it purveyed an inexpensive candy bar that satisfied most Americans' chocolate cravings. However, as chocolate has become a gourmet item and Americans' preferences have grown more sophisticated, Hershey has been faced with a dilemma as to how to retain brand loyalty while acknowledging changes in the industry. Hershey currently seeks to focus on its core products, without changing its brand to compete with higher-priced specialty goods. It must also learn how to better-position itself in an America which is increasingly at war against childhood obesity. Candy is being banned from schools, and is less socially acceptable to consume for both children and adults.
ecently, Hershey has built upon its core brands by producing items such as "a new bite-sized candy dubbed Hershey's Drops. The…
Hershey Official Website. (2011). Retrieved July 14, 2011 at http://www.hersheys.com/reeses.aspx?HG_ID=RES_018
Hershey 'Drops' new candy. (2011, January 19). Retrieved July 14, 2011 at http://www.candyindustry.com/Articles/Breaking_News/BNP_GUID_9-5-2006_A_1
Price of Hershey's candy bars going up 13%. (2008). MNSBC. Retrieved July 14, 2011 at http://www.msnbc.msn.com/id/22882731/ns/business-consumer_news/t/price-hersheys-candy-bars-going/
Roger, Paul. (2011). Annual R&D survey. Candy Industry. Retrieved July 14, 2011 at http://www.candyindustry.com/Archives_Davinci?article=11
eanie-the Flavor Company-was born in the homely garage of Mark Porteus in February 2009. It was the brainchild of Chris Tarling and Mark Porteus, former employees of oater's Coffee. As more investors joined the company, the eanies brand was officially launched and registered. As operations began to expand out of the scope of Mark's garage, a 1000 square foot space was rented as an economical alternative in May 2009. Four varieties of flavored instant coffee were introduced in the same month. eanies truly became an "international" brand when it commenced exporting its product for the coffee lovers in Poland. With business growing further, the firm moved to a 2000 square foot space at the end of the winter in 2010. Growth in the digital realm is of prior importance to eanies and it launched its user friendly, fully integrated e commerce website that allows users to create a profile…
Beanies. (2012). Retrieved April 28, 2012, from Beanies Coffee: http://www.beaniescoffee.co.uk/
Coffee in Germany. CBI Ministry of Foreign Affairs in Netherlands.
(2010). Exporter Guide Germany Country Brief December 2010. New Zealand Trade & Enterprise.
German Coffee -- Flavor And Smoothness. (2011). Retrieved April 28, 2012, from German City: http://www.mygermancity.com/german-coffee
Germany Demographics Profile 2012. (2011, July 12). Index Mundi .
Germany Economic Structure. (2010, April 8). Economy Watch .
Germany in Transition: Traditional Markets in decline. (2004, June 14). Coffee and Cocoa International .
(2012). Hot Drinks in Germany February 2012. Marketline Industry Profile.
Business and Corporate Strategies
Analyze the business-level strategies for the corporation you chose to determine the business-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice. Justify your opinion.
The most influential competitive business-level strategy that Starbucks has put in place is differentiation. Starbucks focused on creating an aspirational and consistent brand that would translate to different product markets (Thompson & Strickland, 1999). Starbucks offers a wide variety of coffee products, drinkware and accouterments, music and Wi-Fi, and personalized customer service (Flight, 2007). But the key differentiation perceived by Starbucks customers seems to be the ambience that is at once soothingly familiar and intellectually exciting (Thompson & Strickland, 1999).
Starbucks customers perceive that the company provides value through the beverages it provides and through a particular sensuality that is referred to as The Third…
Bower, J.L. And Hout, T.M. (1988, November). Fast-Cycle Capability for Competitive Power. Cambridge, MA: Harvard Business Review. Retrieved http://hbr.org/1988/11/fast-cycle-capability-for-competitive-power/ar/1
Flight, G. (2007, March 15). Grinding out success next to Starbucks: Coffee competitors' strategies for thriving in the shadow of the world's largest chain are as varied as the beans in their brews. Business 2.0 Magazine. CNN Money. Retreived http://money.cnn.com/magazines/business2/business2_archive/2006/10/01/8387114/index.htm
Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2013). Strategic management: Concepts and cases: Competiveness and globalization (10th ed.). Mason, OH: South-
Western Cengage Learning.
rights exist and where they come from can provide a useful approach to thinking about justice. To this end, this paper provides a review of the relevant literature concerning how rights relate to Nozick's entitlement theory of just distribution and how Nozick uses the Wilt Chamberlain example to argue for his preferred view. In addition, a discussion concerning the question of society and natural rights by considering awls' focus on the original position and fairness is followed by an analysis of the applicability of awl's "veil of ignorance" to decision making. Finally, an examination of the possible implications of these two different approaches to justice and economic distribution for a real-world water case study is followed by a summary of the research and important findings concerning these issues in the conclusion.
eview and Discussion
What may have been regarded as just distribution at one point in time may be viewed…
Aalberg, T. (2003). Achieving justice: Comparative public opinion on income distribution.
Hill, T.E. (2000). Respect, pluralism, and justice: Kantian perspectives. Oxford: Oxford
Johnson, R.N. (2013). Nozick and the entitlement theory. University of Missouri. Retrieved from http://web.missouri.edu/~johnsonrn/nozick.html.
Unilever manufactures products for the nutrition, health and beauty, and home care industries. The company faces industry issues of economic pressures, high commodity prices, and increased competitor focus. The sustainability issues include food security, poverty reduction, and sustainability of resources, climate change, as well as social and economic development. Unilever expects these issues to continue for the medium term as volatility and uncertainty have become a new norm. (Annual Report and Accounts 2011)
Economic pressures dominated 2011. There was major instability in the Eurozone and a weak recovery by the U.S. economy. Unemployment remained high in developed countries causing consumer spending to be continually squeezed. Commodity prices remained high with many rising even more. Competitor focus increased on the operational environment in emerging markets. There were a number of natural disasters in 2011. This required Unilever to respond to the societies in a humanitarian level. Employer and operational levels were…
2011 Annual Report. (n.d.). Retrieved from Procter & Gamble: http://annualreport.pg.com/annualreport2011/_files/pdf/PG_2011_AnnualReport.pdf
Kao Annual Report. (2011, Mar 31). Retrieved from Kao Corporation: http://kao.com/jp.en/corp_ir/imgs/reports_fy2011e_all.pdf
Annual Report 2011. (n.d.). Retrieved from Nestle: http://www.nestle.com/Common/NestleDocuments/Annual_Reports/2011-Annual-Report_EN.pdf
Annual Report and Accounts 2011. (n.d.). Retrieved from Unilever: http://www.unilever.com/images/Unilever_AR11_to_tcm13-282960.pdf
International Human Resources
Culture, Political, Economic and ocial Contexts of Nigeria Under the ubject of International Human Resource Management.
This paper is solely related to the International human resources practices, the uses of international human resources aspects as well as implementation within Nigeria. The paper has been explored several positive and negative aspects of Nigeria related to IHRM and whether it is feasible for global companies to operate and use the labor of Nigeria for making higher profits over there.
International HRM growth and significance
After attaining global scale, any company may be bound to utilize numerous resources and opportunities like global scale, scope, local differences adaptation and tap into best resources and locations associated with global presence in Nigeria and other countries. These are important opportunities in Nigeria because after exploiting such opportunities, the global image can be transformed into top global image (Hollinshead 2010, pp.233-262).
The opportunities can…
Schuler, R., Dowling, P., & De Cieri, H. 1993, 'An integrative framework of strategic international human resource management', deciding An IHRM Approach 449 International Journal of Human Resourc Management, Vol.1, pp.717 -- 764.
Taylor, S., Beechler, S., & Napier, N. 1996, 'Toward an integrative model of strategic international human resource management', Academy of Management Review,, vol21, pp. 959 -- 985.
Tomkins, R. Battered 1997, PepsiCo licks its wounds. The Financial Times, vol.26.
Commercial Use of Michigan Groundwater
Appropriately named the "Great Lakes State," Michigan is the only state whose borders lie completely within the world's largest system of fresh surface water, the Great Lakes basin, which constitutes 18% of the world's water supply.(4)
Traditionally, Michigan has relied primarily on "riparian" rights analyses derived from English common law to regulate the commercial use of its largest natural resource. Since riparian concepts focus primarily on the relative rights of competing users of surface waters, there has, until very recently, been comparatively little regulation of the underground springs or aquifer system which feeds the surface water system, or of the rights of the state to control removal of water resources for use or sale elsewhere.
On November 25, 2003, Mecosta County Circuit Court Judge Lawrence Root issued a lengthy opinion that finally addressed the problem and defined many of the issues under the laws of…
1. Howlett, D., Water Battle Dredges Up Acrimony; USA Today (June 22, 2003)
Accessed at http://www.greatlakesdirectory.org/mi/062203_great_lakes.htm
2. Michigan Citizens for Water Conservation v. Nestle Waters North America Inc.
49th Judicial Circuit Mecosta County Circuit Court Opinion (Nov 25, 2003) Accessed at http://www.envlaw.com/decisions/MCWC2.txt
Food security is a critical issue for any food & beverage company. It is self-evident that food is the business for such a company, so any macro-level issue regarding food is inherently important, but there are specific considerations that drive the relevance of food security.
First, food security reflects on the long-run sustainability of the business. It may sound silly to say it, but food companies need food in order to survive. They need to grow it, process it, package it and sell it. So at the supply chain level, threats to food security need to be taken seriously. The world today is just now starting to legitimately look like a zero sum game with respect to many resources, food being one. If the world needs to produce much more food than what has been produced in the past, but as much as a quarter of agriculture land is already…
AP (2011). UN: Farmers must produce 70% more food by 2050 to feed population. The Guardian. Retrieved December 11, 2014 from http://www.theguardian.com/environment/2011/nov/28/un-farmers-produce-food-population
Satran, J. (2013). Water scarcity must be addressed urgently to avoid food shortages, Nestle CEO Paul Bulcke says. Huffington Post Retrieved December 11, 2014 from http://www.huffingtonpost.com/2013/02/26/water-scarcity-nestle-ceo-paul-bulcke_n_2768390.html
Wheeler, T. & von Braun, J. (2013). Climate change impacts on global food security. Science. Vol. 341 (6145) 508-513.
OLE OF GOVENMENT IN CEATING A HEALTHFUL ENVIONMENT
ecent data show that Americans consume, on average, more than three times the recommended level of sodium per day in their food and beverages. High salt intake contributes to high blood pressure and its complications -- stroke, heart attack, congestive heart failure, and kidney failure (Gulis? et al., 2014). In fact, thousands of lives could be saved if sodium consumption could be lowered in people with hypertension (high blood pressure).
The government has the sole purpose of providing safe and healthy environments to its citizens at all times. A healthy environment is beneficial directly to the people, and indirectly to the government. The safety of the environment is dependent on the legislative, social, and commercial actions that are taken by the individual people within and without governments. For instance, the world climate is largely dependent on the sole contributions of each…
Gulis?, G., Mekel, O., A-da-m, B., & Cori, L. (2014). Assessment of Population Health Risks of Policies: [delta]. New York, NY: Springer New York.
International Conference of the Asia-Pacific Society for Agricultural and Food Ethics, & In Soraj, H. (2015). Food security and food safety for the Twenty-first century: Proceedings of APSAFE2013.
Nestle, M. (2007). Food Politics: How the Food Industry Influences Nutrition and Health. Berkeley: University of California Press.
Pinstrup-Andersen, P., & Watson, D. D. (2011). Food policy for developing countries: The role of government in global, national, and local food systems. Ithaca, N.Y: Cornell University Press.