Strategic Analysis of Ben & Jerry’s Homemade‚ Inc. Can B&J Serve a Double Scoop of Being Green and Making Green? ESM 210 Professor Delmas Final Paper November 21‚ 2000 Alex Tuttle Vicky Krikelas 1 BEN & JERRY’S ICE CREAM Table of Contents INTRODUCTION……………………………………………………………………………. MARKET DESCRIPTION………………………………………………………………….. FIRM DESCRIPTION………………………………………………………………………. THE MISSION STATEMENT……………………………………………………………… 1 1 1 2 GENERAL CORPORATE STRATEGY…………………………………………………… 2 CORPORATE ENVIRONMENTAL
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Culture Ben and Jerry’s corporate culture is one that focuses on the environment‚ its products‚ and people. The corporate culture of “Doing Good by Doing Good” and “Peace‚ Love and Ice cream” establish the guideposts for how employees behave in the business. Ben and Jerry’s hold a deep respect for people both inside and outside the company. Ben believes that “Businesses have a responsibility to give back to the community‚” while Jerry believes that “If it’s not fun‚ why do it?” Both Ben and Jerry
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Ben & Jerry’s Homemade – The Unilever Scoop Case With four offers on the table‚ Ben & Jerry’s had quite the decision to make. When it came down to it‚ they chose the most attractive offer which turned out to be with Unilever. As time passed‚ this was shown to ultimately be a very wise choice as the financial results would later show impressive results. These impressive results could be seen by looking at how the operating margins tripled and were able to maintain a 700M operating profit in succeeding
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1. Were Ben Cohen and Jerry Greenfield right to accept Unilever’s takeover offer for Ben & Jerry’s in 2000? And what does this case imply about business ethics more generally? Ben and Jerry’s is an ice cream producing company. The first shop opened in Burlington‚ Vermont in 1978. With a $12.000 ($4.000 were borrowed) investment‚ Ben and Jerry opened their first homemade ice-cream scoop shop. Each year the company celebrates its anniversary by having a free cone day. This has been a tradition
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KEEPING THINGS ORGANIZED AT BEN & JERRY’S SUMMARY: This case is on an ice cream parlor which is Ben & Jerry’s and it was started by Ben and Jerry in 1978 at a small gas station in Burlington Vermont. The initial goal of the company was to sell ice cream just for fun‚ but just within no time they became so much popular that now they were a $45 million dollars company. The main reason for this was its unique culture which they followed and which was not moving on alone but to move
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Ben & Jerry’s Homemade Executive Summary Increasing competitive pressure and Ben & Jerry’s declining financial performance has brought a number of takeover offers. Henry Morgan is a member of the board of directors of Ben & Jerry’s Homemade and was elected to represent the interests of the shareholders. Morgan will attend the board meeting for considering the pending offers. If the firm takes the offer‚ the firm will lose control of its assets and social orientation; however‚ Ben & Jerry’s shareholders
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Course: Organizational Development (MGMT 3022) Group Project: Ben and Jerry’s (A): Team Development Intervention THE UNIVERSITY OF THE WEST INDIES ST. AUGUSTINE‚ TRINIDAD AND TOBAGO‚ WEST INDIES FACULTY OF SOCIAL SCIENCES DEPARTMENT OF MANAGEMENT STUDIES MGMT 3022 – ORGANIZATIONAL DEVELOPMENT (EVENING UNIVERSITY) COURSE CODE: Mgmt. 3022 COURSE
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Ben and Jerry’s Introduction: Overview of the Case The corporation of Ben and Jerry’s first began on May 5‚ 1978 in a small town called Burlington located in Virginia. The founders of this ice cream parlor were Ben Cohen and Jerry Greenfield with only limited funds of $8‚000‚ they produced a famous nationwide parlor that caters to millions of people. Specialty flavors of Chocolate Chip Cookie Dough‚ Cherry Garcia‚ Rain Forest Crunch‚ and frozen yogurt are attractions and symbols to the corporation
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Case Study: Ben & Jerry’s Homemade (Case 3) This case focuses on the issues of asset control of Ben & Jerry’s Homemade‚ Inc with the four outstanding takeover offers by Dreyer’s Grand‚ Unilever‚ Meadowbrook Lane Capital and Chartwell Investment in 2001. Through the analysis of the four offers‚ I suggest the Board accept the Unilever’s offer. The advantage and disadvantage of each offer is discussed following. Dreyer’s Grand The offer does not maximize the shareholders wealth but retain
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Ben & Jerry’s and Unilever: The Bohemian and the Behemoth FACTS: Ben & Jerry’s success is a direct result of transitioning form a local Vermont-based ice-cream producer into a large multinational corporation as part of an acquisition initiated by Unilever. The company’s three interrelated mission statements stand to complement each other and through history and culture have successfully turned Ben & Jerry’s into a social behemoth. Following a merger with the multinational juggernaut
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