...HERNAN ANTONIO BAEZ BAEZ Segundo informe: Estudio de mercados para el producto “YUQUITAS”. UNIVERSIDAD PEDAGOGICA Y TECNOLOGICA DE COLOMBIA FACULTAD DE CIENCIAS ECONOMICAS, ADMINISTRATIVAS Y CONTABLES FORMULACION Y EVALUACION DE PROYECTOS TUNJA 2013 ESTUDIO DE MERCADOS PARA EL PRODUCTO “YUQUITAS” La demanda de snacks está basada principalmente como productos alimenticios de bajo costo que ahorran tiempo al consumidor, en especial para eventos de consumo masivo y que de igual manera permiten ahorrar tiempo a los padres en la entrega de alimentos para sus hijos. El consumidor universitario se puede diferenciar en dos grandes grupos: * Hombres * Mujeres Las razones para el consumo de snacks dentro de la universidad son: 1. Consumo en reuniones de integración, usado como aperitivo, esto gracias a su presentación y bajo costo. 2. Consumo esporádico durante el día por falta de tiempo, gusto, bajo precio de estos productos, facilidad de transporte. En el segmento de los snacks el reto está en lograr ubicarse en el lugar de preferencia de los consumidores y hacer propios todos los momentos de consumo. En la categoría de snacks en Colombia se destacan tres fabricantes, Frito Lay, Yupi y Súper Ricas, los dos primeros de cobertura nacional y el último con gran posicionamiento en la capital del país. Entre sus productos principales están: papas, mixtos, extruidos de maíz, tortillas, maní, plátanos y harinas. Sin...
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...Pepsi nuts over new nut snack Chaitali Chakravarty, ET TEAM Nov 21, 2001, 10.02pm IST enthused by the profits that fritolay has generated, parent pepsi, is adding more to its snackfood subsidiary. the company is set to roll out a new nut-based snack, nutyumz, nationally. also, plans are afoot to eventually drop lehar from the lehar kurkure brand. sources said that lehar kurkure has been earning a substantial amount for fritolay (it accounts for more than one-third of its total turnover) and it is about time to market it under the kurkure brand alone. sources said that nutyumz will be launched in different flavours. the brand has been innovated for the indian market alone. besides india, mexico is the only other market where pepsi is selling nut-based snacks under a different brand name. in india, nutyumz will be manufactured in the company-owned plant in pune. the fritolay spokesperson confirmed the launch of new brand. sources said pepsi is gung-ho about fritolay as the subsidiary has been making some money, it ended the year 2000 with a rs 4 crore profit, up from rs 3.04 crore earned in the year ending 1999. pepsi's idea is to create new categories to suit indian tastes and pump up the profit figures by at least rs 2 crore by the end of 2002. sources said that after pepsi acquired uncle chipps, it got within its fold an entire constituency. lays and uncle chipps together earn the maximum (around 50 per cent) for fritolay, while cheetos and lehar namkeen are still on the...
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...1 SBS 600: EFFECTIVE CAREER PLANNING FOODCORP PRE-READINGS AND ASSIGNMENTS NOTE: PLEASE BRING THESE MATERIALS WITH YOU TO CLASS Prepared by: Professor Regina O’Neill Suffolk University Sawyer School of Management 617-573-8393 roneill@suffolk.edu 2 Table of Contents Page Overview of Foodcorp and Management Simulations..…………. Foodcorp Organizational Chart ……..………………………….... Foodcorp Annual Report…………………………………………. Possible Business Week Reporter Visit………………………….. Retaining the New York Consulting Group……………………... Comparison Data of Leading Food Companies…………………. New Channels of Distribution…………………………………… Highlights of Presentation to International Society of Industry Analysts ……..………..….………….. Financial and Market Data……….……………………………… Product, Plant, and Warehouse Update...……………………….. Portfolio Planning Matrix………………………………………... Demographic and Market Analysis (Domestic and International). Operating Group’s Organizational Structure……….……………. Task Force Recommendations……………………………………. Results of Customer Service Study………………………………. International Operations…………………………………………. Foodcorp SPOT Analysis…………………………………………. Personal SPOT Analysis………………………………………….. 1 2 3 15 16 17 22 24 27 30 33 35 37 40 43 45 47 48 3 Overview of Foodcorp and Management Simulations Foodcorp International is a hands-on behavioral simulation that is run in teams. Participation involves an intensive, interactive experience which differs dramatically...
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...in reading Personal experience in your organization Organizational Learning The CEO of Best Snacks, Inc, Elizabeth Fairchild, intends to improve the organizational learning of the organization. She is extremely passionate about improving the market standing of the company. Fairchild believes individuals within the organization can achieve this with the creation of creative concepts. Since Fairchild is so avid about this, she has requested Sabrina McKay, the vice president of organizational development, to implement an agenda that will permit employees to enhance and use their creativity. “The process through which managers seek to improve organization members’ desire and ability to understand and manage the organization and its environment so that they make decisions that continuously raise organizational effectiveness” (Jones, 2004, 376). The company I work at provides employees with about 40 hours of development and training throughout the year. This large amount of training and development is to help encourage all employees to use creative and innovative ways of thinking and operating in the workplace. Ultimately, this will helps increase organizational effectiveness throughout the organization. Experiment It is evident that Best Snacks, Inc have had success throughout some years of business. However, it is also clear that in the last five years Best Snacks, Inc has had some difficulty in creating new product and service innovation. To assist the organization...
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...Snack Food Industry Analysis Discussion Meng-Kai (Leo) Chiu Texas A&M University – Central Texas GB 588 – Seminar in Business Strategy Snack Food Industry Analysis Discussion Porters Five Force Model for the Snack Food Industry Nature and Strength of the Snack Food Industry Supplier Bargaining Power: Strong factors: • Cost of switching is low. • There are large numbers of suppliers. • Supplier is not dependent on industry. Supplier power is weak. Buyer Bargaining Power Strong factors: • Cost of switching is low. • Buyers have more knowledge about healthier alternatives. • Buyers are price sensitive. Overall bargaining power of buyers is high. Substitutes Strong factors: • Quality substitutes are readily available. • Cost of switching is low. • Substitutes have comparable or better features. Substitutes are easily attainable and switchable so substitutes are a strong factor. Rival Firms Competition Strong factors: • Cost of switching is low. • A lot of competitors. • Buyer demand is weak. Fierce competition between existing competitors. Threat of New Entrant Weak factors: • High capital requirements. • Experienced based cost advantages. • Strong product differentiation and brand loyalty. Threat of new entrant is which due to the factors mentioned above. Factors Driving Industry Change • Healthier food choices and more knowledgeable customers: this changes the growth rate of the company. • Increasing globalization: this may lift trade...
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...Problem Solution for Best Snacks MMPBL 550 Best Snacks Problem Solution Stephanie Vickers MMPBL/550 March 23, 2012 Best Snacks Problem Solution For the past 100 years, Best Snacks, Inc. has been in the top two leading positions in the snack industry, making them an ideal investment for stockholders. Recently, in the last couple of years Best Snacks sales have declined, resulting in decreased stock prices, market share, and in second place in the industry. Contributing to these issues in the company is the lack of strong leadership, capable managers, and innovative work environment. Employee morale has suffered because staff does not feel encouraged to be creative or that their opinions are valued. By benchmarking other companies, Best Snacks can determine which strategies they can implement to continue their previous successful history. Best Snacks has the opportunity to reorganize their structure to promote innovative ideas, improve management skills, and realign the vision with a new organizational culture. There have been no product or service innovations in the past 5 years; instead, previously successful marketing methods have been improved or extended. For example, the most recent product information had new package sizes. Best snacks needs to remain competitive and an industry leader by researching, analyzing, and surveying today’s consumers in order to develop new...
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...Best Snacks Problem Solution Stephanie Curry MMPBL 550-Creativity, Innovation, and Organizational Design May 28, 2012 Sara Garski Best Snacks Problem Solution The snack food industry has become increasingly commodity-based over the past ten years, and while the competition has increased, differentiation among the competitors has decreased. This gradual change in the industry has caused sales to slip, market share to decrease, and stock prices to fall. The unwillingness of the company to change to the needs of the market has put the company in a position to lose its long-held premier standing in the industry. In addition to the financial and economic problems facing the company, the employees are distressed about the upcoming changes that the president of the company has implied will soon occur. Also, the employees believe that the company has done a poor job of promoting innovation in the industry which is why the organization if declining in many areas of the industry. For Best Snack’s to succeed, they must confront the problems they are faced with, and change the corporate culture from top to bottom. Describe the Situation Issue and Opportunity Identification Several issues face Best Snack’s in the increasingly commodity-based snack food industry. In a depressed economy, consumers are more likely to buy snacks based on price rather than brand loyalty (University of Phoenix, 2012). This turn in the economy has presented several problems to the...
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...the product itself is considered to be in a growth stage with a market share of 16% in the branded snacks food category, it has been successful to a large extent in creating the required Brand recall for the category INDIAN SNACK INDUSTRY: Snacks are a part of Consumer Convenience/ Packaged Foods segment. Snack is describes as a small quantity of food eaten between meals or in place of a meal. Snack food generally comprises bakery products, namkeen, ready-to-eat mixes, chips and other light processed foods. According to Ministry of food processing, the snack food industry is worth Rs 100 billion in value and over 4,00,000 tonnes in terms of volume. Though very large and diverse, the snacks industry is dominated by the unorganized sector. According to a survey almost 1,000 snacks items and 300 types of savouries are sold across India. The branded snacks are sold at least 25% higher than the unbranded products. Though there is no particular time for snacks, normally they are consumed at teatime. There is large no. of varieties with specialities from all regions, which have gained national acceptance. The industry has been growing around 10% for the last three years, while the branded segment is growing around 25% per annum to stand at Rs.6000-Rs.6,500 crore, due to various reasons like Multiplex culture, snacking at home while watching T.V, pubs and bars. In the branded snacks market, Frito Lay commands a share of 45%, followed by Haldiram’s at 27% and ITC at 16%. The rest...
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...Problem Solution: Best Snacks Inc. Best Snacks Inc. has held the number one or the number two position in the snack arena giving outstanding and protected earnings for their investors. In the past two years, sales have dropped radically, the market shares have decreased and stock prices were spiraling down. The Vice President of Organizational Development, Sabrina McKay is a valuable asset with extraordinary expertise that includes several organizational development initiatives. However, due to the severity of Best Snack’s situation, the company has been forced to assess the likes and dislikes of their components in order to compete with success. Best Snacks will need to engage their stakeholders throughout the process and will have to make innovation and creativity a part of everyday life at the company. Describe the Situation Issue and Opportunity Identification In order for Best Snacks to regain its firm stand in the snack food industry they will have to tackle the issues there are currently facing. Such as, the decline in sales, market share decreases resulting in their stock prices dropping significantly, the possibility of losing their long-term popular place in the snack food industry due to the lack of their innovation and creativity. Best Snacks has the chance to integrate in a cultural change program aimed to increase employees’ creative thinking skills resulting in their increase in innovation and creativity at work. By doing this, Best Snacks would open up new realm...
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...Problem Solution: Best Snacks Inc. Best Snacks Inc. have held the number one or two position in the snack arena giving exceptional and secure investments for their investors. In the past two years, sales have dropped drastically, the market shares have decreased and stock prices were spiraling down. The Vice President of Organizational Development, Sabrina McKay is a valuable asset with exceptional expertise that involves several organizational development initiatives. However, due to the harshness of Best Snack’s situation, the company is forced to evaluate the likes and dislikes of their constituents in order to compete with success. This paper will address Best Snack’s circumstance in a manner of resolving issues and realizing future opportunities, engaging stakeholders throughout the process to ensure success, and implementing a strategic plan involving new innovative ways and creativity as a vital part of the company’s culture. Describe the Situation Issue and Opportunity Identification The snack food industries over the past number of years have come to understand how this increasing commodity has broadened its horizon in this changing arena. In order to create a constant firm stand in this industry, Best Snacks will have to address the issues of the declining in sales, market share decreases, stock prices taking a dive, the jeopardy of losing its long-term popular place in the snack market and lack of innovation or creativity. Best Snacks has the opportunity to...
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...Problem Solution: Best Snacks Inc. PercyD University of Phoenix Problem Solution: Best Snacks Inc. Best Snacks has become a company that is reluctant to change and their issues with familiarity issues are becoming costly to business. The ability to innovate and remain creative in all aspects of the company is an integral part of success. “In the long run, the only reliable security for any company is the ability to innovate better and longer than competitors” (Davila, Epstein, & Shelton, 2006, p. 3). Best Snacks 100 plus years of operations is proof that an innovative culture is necessary to remain a business leader in its market. Change is usually met with resistance, but it is the responsibility of the management team to foster an accepting culture of employees. Best Snacks will develop ways to involve employees and management in the creative and innovative method of business by inspiring a culture to increase creative thinking and progress, to regain industry leadership. Describe the Situation Issue and Opportunity Identification Best Snacks have been an industry leader for numerous years but recently management has not created an environment conducive to innovation and strategic organizational change. When employees and the research and development team increases their skills through experimentation with products and service offerings, the culture is more creative and performs at a higher level. Best Snacks management drive to innovate was not strong...
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...measured against the suggested servings until I tallied what I eat during a given week. I try to eat an apple every day at work or on the way home from night class as a way to avoid unhealthy snacking. I also get some applesauce in with a few meals every week. This time of year I definitely don’t eat as much as I do during the summer, when I can just go outside to where the blueberries or strawberries are growing and just eat until I’m full. I don’t crave fruits and vegetables during winter they way I do in the summer. I will definitely be looking for more ways to incorporate both into my day, as I’m sure it would greatly improve my energy levels for my long work days. I probably only get a half cup of vegetables in during the work day, if I snack on carrots, and another serving at dinner if I make it home in time to eat. I’m definitely below the recommended 2.5 cups, and will need to actively find ways to add them into my diet. Apples are a great way to make sure you get your recommended fruit intake for the day, and they also help fill you up between meals. When I’m at work and feel like snacking, I grab an apple instead. I feel full afterwards, but it also satisfies my craving...
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...information about JSTOR, please contact support@jstor.org. The University of Chicago Press and Journal of Consumer Research, Inc. are collaborating with JSTOR to digitize, preserve and extend access to Journal of Consumer Research. http://www.jstor.org This content downloaded from 217.147.235.142 on Fri, 27 Feb 2015 11:49:40 UTC All use subject to JSTOR Terms and Conditions Behavioral Televised Evidence Food of the on Effects of Messages Children GERALDJ. GORN E. MARVIN GOLDBERG* Two weeks of daily exposure to televised food and beverage messages at a children'safternoonsnack choices. summercamp alteredfive- to eight-year-old morecandyover fruit Children viewedcandycommercialspickedsignificantly who as snacks. Eliminating candy commercialsprovedas effectivein encouraging the commercialsor nutritional to as the selection of fruit did exposing the children fruit publicservice announcements. effects of television advertising on children have been the subjectof considerableresearchfor well over a decade. The substantialbody of literaturethat...
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...I. Thanks to Forest Mars Sr., Bruce Murrie, and the Spanish Civil War, we are blessed with M&M’s. A. According to www.thecandyfan.com website, Forest Mars noticed soldiers eating chocolate pellets with a hard covering, making the candy melt in your mouth not your hands. 1. He found this to be a great idea, and started to work on the candies. 2. He partnered up with Hershey executive Bruce Murrie because the Hershey Company controlled the chocolate ration during the Spanish Civil War because of the chocolate shortage. B. In 1941, the first M&M’s were produced in Newark, New Jersey. 3. The first M&M’s were available to the military only because they were thought to be a “high energy snack.” 4. They were available in five different colors and served in cardboard tubes. 5. Post War, the M&M’s became available to the public and everyone loved them. They also received a makeover and were now available in brown bags as they are today. C. In 1950, the very first “M” was stamped on the candy in black when the bag only cost 5 cents. Everything was easier to see in white, so in 1954 they changed the “M” to...
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...The snack food industry sector consists of establishment primarily engaged in the manufacturing of salted snacks such as potato chips, corn chips, tortilla chips, popped popcorn, pretzels and similar snacks as salted and roasted nuts and seeds. The snack food industry sector also includes consumer ready packaged chocolates and non-chocolatecandies, cookies and crackers, un-popped popcorn and meat snacks. The world snack food market has continued to grow reaching an estimated $66 billion in 2003. The United States continues to be largest market, according for about a third of the world’s total and Japan and the United Kingdom, together another quarter of the world’s total. Global market prospects U.S. snack food experts rebounded in 2003 increasing approximately 6.2% following a 9% drop in 2002. Since 1997n, U.S. experts of snack foods have hovered $1.1 to $1.3 billion. The largest trading partners of the U.S., NAFTA (Canada and mexico), accounted for over 53% of snack food exports. Export to those two countries combined increased almost 14%. Our second largest trading region is Western Europe, which accounted for about 14% of U.S. export, grew over 10%. In 2003, the Largest export category was chocolates and candy at 44%, followed by salted snack with34% and other snacks, (baked sweet goods, cookies and crackers meat snack s and popcorn) with 22%. While salted snacks experienced a 3.4% decline in export, candy , chocolates and non-chocolate combined grew almost 12% and...
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