What: SlimFast needs to come up with a brand strategy as well as a long term sustainable growth strategy for its meal-replacement product within 2 months in order to continuously increase its share in the current market. Why: Unilever is a one of the largest consumer product companies that put its innovation as the core value of the company and introduced the Vitality mission to create a stronger focus on the needs of consumers. The SlimFast experienced a considerable decline from 2004 to 2006
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Managing Social Responsibility and Growth at Ben & Jerry’s INTRODUCTION Ben Cohen and Jerry Greenfield opened their first ice cream shop on May 5‚ 1978‚ in a converted gas station in Burlington‚ Vermont‚ investing $12‚000 in secondhand equipment. Their business credentials consisted of much enthusiasm and a $5 Pennsylvania State University correspondence course in ice cream making. Driven by Cohen and Greenfield’s 1960s ideals‚ Ben & Jerry’s Homemade‚ Inc.‚ has grown to be a very successful business
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Question One: Ben & Jerry’s is founded on and dedicated to the three main parts of their mission statement: social‚ product and economic. These missions were to be fulfilled in creative new ways. When the company first started‚ the strong commitment to the community was a unique idea but it is now an increasing popular concept. Over the past decades‚ Ben & Jerry’s has continuously donated 7.5% of its pretax earnings to various social foundations and community-action groups. Also‚ they express
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creation of a relationship that allows the client to perceive‚ understand‚ and act on the process events that occur within an organization in order to improve the situation as defined by the client (Cummings & Worley‚ pg. 253). In the case involving Ben and Jerry’s a consultant was brought in to work with the founders‚ board of directors‚ managers‚ and employees in order to undertake organizational development and also to bring the people‚ functions‚ aspirations‚ and directions together (Cummings
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Interms of Return on Investment: Based on 1999 1. [pic] Here‚ Unilever’s Current Ratio shows 0.93:1 for 1997. It means their position is not good. It indicates their Liability is more than their Assets. [pic] Their Quick Ratio shows 0.60:1 for 1997‚ which is not good‚ because it shows their liability is more than their assets. 2. [pic] Organization’s current mission: Unilever’s mission is to add Vitality to life. They meet everyday needs for nutrition;
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BEN & JERRY’S HOMEMADE ~ Case Analysis ~ I. PROBLEM STATEMENT Ben and Jerry’s‚ founded in 1978‚ is a market leading distributor of super-premium ice creams‚ frozen yogurts‚ and sorbets‚ and has built a reputation on being a socially minded company. They were pioneers in the policy of “caring capitalism” and place heavy importance on the concept of social responsibility‚ a practice which many companies have since adopted. They have enjoyed long-term success as a result of their progressive
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Ben & Jerry’s Homemade ice cream Inc. Tutor’s Introduction This case study comes from the second edition of Business Strategy: an introduction published in 2001. It is very readable and interesting‚ providing students with insights into how two entrepreneurs who set up an ice cream shop in a renovated petrol station became the names behind one of the most well-known ice cream brands around the globe. Students will find out how Ben and Jerry tackled the almighty (at the time) Pillsbury and Häagen-Dazs
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Mission in Ben and Jerry’s‚ and she had to face many issues concerning the mission statement of the company‚ such as political voice‚ employee morale and product development. It was hard for her to integrate the social beliefs of Ben and Jerry’s into the code of conduct of Unilever. • Employee Morale: Prior to the acquisition‚ employees of Ben and Jerry’s saw the company as a network of family and friends in which they were all fully involved and integrated. Ben and Jerry’s had a policy in
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Ben and Jerry’s was founded in 1978 by childhood friends Ben Cohen and Jerry Greenfield. They had a dream of starting a company together but they didn’t have any experience in business. Due to their love for food‚ they came up with the idea of making bagels or ice cream‚ but the cost of the equipment for bagels was much higher so they chose to produce homemade ice cream (citation). They learned only from small business pamphlets and a correspondence course from Penn State University (citation).
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Ben and Jerry’s Case Study What makes a company great? Is it constant financial growth year after year? Is it producing a product that is known and recognized in millions of households around the world? Or is it being socially conscience while still providing a cost effective product? With Ben and Jerry’s ice cream company‚ it’s not enough to just be financially successful; they also strive to be socially successful. Ben and Jerry’s want more from their alliances with wholesalers‚ franchisees
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