a)
To determine: The three trend and factors that has an effect on the business of Company G
Introduction:
The variations in the
a)
Explanation of Solution
Given information:
Company G is the manufacturer of baby food in small and single-sized containers.
Explanation:
The three trend factors that has an effect on the business of Company G are as follows:
- The growing health concerns
- An aging population
- Consciousness of the environment
b)
To determine: The way the company respond to the changes
Introduction:
The variations in the marketing environment are the major source of opportunities and threats that has to be managed. The process of getting the facts about the external environment of the organization in order to find and understand the potential trends is known as environmental scanning.
b)
Explanation of Solution
Given information:
Company G is the manufacturer of baby food in small and single-sized containers.
Explanation:
The growing health concerns:
The growing health concerns generally needs the company to reformulate the food with more or less with certain ingredients. In other ways the company wish to promote the natural ingredients.
An aging population:
Company G wishes to develop the food for seniors who are alone and are single-sized servings. As the foods of the company generally needs warming up the content so it is easy for the aged population for preparation.
Consciousness of the environment:
The environmental concerns may lead Company G to advertise the recyclable value of the small glass conatainers.
Want to see more full solutions like this?
Chapter 3 Solutions
Marketing
- Evaluate the currents trends/practices with regards to corporate governance and business ethics in the food industry. Are these trends sustainable? arguments should be supported with evidence.arrow_forwardRead and analyze the case titled “New Belgium Brewery: Committed to Sustainable Social Responsibility” found on page 437 of the book Business Ethics: Cases and Decision Making 1. What environmental issues should New Belgium Brewing Company work on? What strategic approach has NBB taken to address these issues? Why do you think the company has adopted such a focused stance towards sustainability?2. Do you agree that New Belgium's approach to social responsibility provides a key competitive advantage for the company? Why yes or why not?3. Some sectors of society argue that companies that sell alcoholic beverages and tobacco cannot be socially responsible organizations due to the nature of their primary products. Do you consider New Belgium's actions and initiatives to be indicative of a socially responsible company? Why yes or why not?arrow_forwardThe Environmental Protection Agency's Superfund Program focuses on cleaning up some of the country's most contaminated land from companies that violate the law. Based on your understanding of environmental laws in the reading and research: Identify two sites on the SuperfundLinks to an external site.website, see the link below, in your home state and what business(es) contributed to the contamination, what remediation is taking place today and any facts to really help understand the issues and area. Provide and identify what environmental laws were violated. Share your thoughts on what a business today can do to stay compliant with environmental state and federal laws.arrow_forward
- 1ENVIRONMENTAL UNCERTAINTY: Analyse the dimensions of environmental uncertainty. Use them to identify and illustrate the level of uncertainty that your company would face. Explain it, briefly discuss the potential implications on organizational design. Explain which decisions –in terms of organizational design –you would make to address these implications if need be.arrow_forward. Environmental sustainability is an ethical principle. Identify any Three principles /concerns involved in environmental ethics. Elaborate on any Three critical practices /processes adopted by business to showcase that ethical environmental responsibility has been embedded in their overall business strategyarrow_forwardMany companies have goal of becoming more environmentally sustainable. One of the most important steps they can take is controlling paper waste. Chose a company any type any size. Imagine that you've been in charge of creating a program to control paper waste for the company. Set goals and develop plans. Prepare a report for your boss,outlining these goals and plansarrow_forward
- What is a sustainable business? (b) What can companies do to become sustainable?arrow_forwardFor many years Gerber has manufactured babyfood in small, single-sized containers. In conduct-ing an environmental scan, (a) identify threetrends or factors that might significantly affect thiscompany’s future business, and (b) propose howGerber might respond to these changesarrow_forwardResearch Boardriders Inc., and discuss its corporate social responsibility initiatives. For instance, a company may have standards in place such as; (1) a commitment to ethical business conduct, (2) the creation of a diverse, global workforce, (3) a dedication to eco-sustainability and to meeting its customers’ demands for eco-efficient products and solutions, (4) ensuring that its supply chain partners share in its Corporate Social Responsibility (CSR) commitments, (5) using its expertise in innovation to create opportunities for economic and social development in emerging economies, and (6) engaging in philanthropic and charitable activities. Moreover, it has taken other measures and has a CSR department and publishes a CSR report.arrow_forward
- How does point source pollution differ from nonpoint source pollution? What are some examples of each?arrow_forwardGreen Forever, a manufacturer of lawn equipment,has preliminary drawings for two grass trimmer designs. CharlaFraley’s job is to determine which is better environmentally.Specifically, she is to use the following data to help the companydetermine:a) The revenue retrieval for the GF Deluxeb) The revenue retrieval for the Premium Matec) Which model is the better design alternative based on revenueretrievalarrow_forwardHow do sustainable business practices benefit consumers?arrow_forward