Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
History of sugar cane cultivation
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: History of sugar cane cultivation
If I was the manager for Baskin-Robbins, the first step I would take to evaluate a request for a sugar-cane-flavored ice cream would be to research the market. Before conducting any surveys, I would first use existing data to determine roughly what percent of the population prefers the sugarcane flavor. If only five percent of the population enjoys sugarcane, conducting any further research would be a waste of time. This research can be performed by looking at the current purchase history of sugar-cane-flavored products. Next, I would research sugarcane itself.
I would research the history of sugarcane, understand where it came from and see if the current market or others nearby reject the product for cultural or religious reasons. If sugarcane did not conflict with any cultural or religious norm, then I would proceed with my research to see how much sugarcane costs, how well it stores/preserves, and where I could economically source it from. If sugarcane was very expensive to obtain, if it spoiled within two days, or if I could not source it from a nearby country, then the flavor may
…show more content…
In addition, a manager should investigate the exporter to determine if they are reliable. It’s important to know the potential exporter because if a company were to do business with them, they would want to know who they are negotiating with, this way a company can limit any negative “surprises”. Moreover, the manager of Baskin Robbins would want to determine if exchange rates or inflation costs are an issue.
After this, Baskin Robbins would want to research to see if any other company has already launched this idea. Once this is completed, the manager of Baskin Robbins is ready to test the product in a focus group. After the sugar-cane-flavor has passed in the focus group, the manager must choose a market to do consumer
After reading the article, “Why 62,000 Abercrombie & Fitch Employees Are Suing The Company,” there were two different problems that were brought to attention regarding Abercrombie & Fitch’s business ethics. The two problems were the mistreatment of their employees, and how their business marketing strategy is not well developed throughout their company. Abercrombie & Fitch is a company that has always been concerned about their image, which leads us to their, “look policy.” A “look policy” is a policy that relates to a certain look every employee has to follow to be eligible to work there. The company is facing a high-profile lawsuit over its, “look policy” (Greenhouse, 2015). Each employee is forced to purchase the company’s clothes to wear to work, each time a new sales guide comes out (Greenhouse, 2015). This is known as compelled purchases, which is a violation of the state’s labor codes (Greenhouse, 2015). They force the “look policy,” way too strong upon their employees, which developed into a huge problem. The company is facing a high-profile lawsuit
Ben and Jerry's Ice Cream is a brand name company known worldwide. With superior marketing techniques Ben and Jerry's has positioned themselves to be the leader in manufacturing premium ice cream products. They have successfully targeted their market, and there by achieved a strong customer base. The mission statement of their product line is "to make, distribute, and sell the finest quality all natural ice cream while incorporating wholesome, natural ingredients and promoting business practices that respect the earth and the environment".(1)
Despite the federal aid granted to sugar growers, not all sectors of agriculture devoted to growing sugar derivatives flourished. Domestic production of sugar cane increased steadily from 1982 onward, while sugar beet production stagnated (Knutson, 1985). Through time, the largest number of sugar beet farmers were concentrated in a specific West/Midwest region of the U.S. (Minnesota, North Dakota, Idaho) while sugar cane farmers were found in the Southeast, specifically Louisiana and Florida.
The soft drink industry in the United States is a highly profitably, but competitive market. In 2000 alone, consumers on average drank 53 gallons of soft drinks per person a year. There are three major companies that hold the majority of sales in the carbonated soft drink industry in the United States. They are the Coca Cola Company with 44.1% market share, followed by The Pepsi-Cola Company with 31.4% market share, and Dr. Pepper/Seven Up, Inc. with 14.7% market share. Each company respectively has numerous brands that it sales. These top brands account for almost 73% of soft drink sales in the United States. Dr. Pepper/Seven Up, Inc. owns two of the top ten brands sold. Colas are the dominant flavor in the U.S carbonated soft drink industry; however, popularity for flavored soft drinks has grown in recent years. The changing demographics of the U.S population have been an important factor in the growing popularity of these flavored soft drinks. The possible impact of this factor will be addressed later in the case.
In my previous paper I did my research on the history, production, and trade of cane sugar that was mostly produced in the United States. On our study abroad trip to Mexico we saw some sugar cane fields from the road, but we did get to tour any of the farms or see any sugar processing factories. So I was thinking to myself how I am going to write a paper on sugar cane in Mexico if I never experienced any of it while I was down there. Fortunately I found a topic that was very close to home and related to some of the agriculture in Mexico as well. While visiting the Trade Management Services, Inc., we met with the Iowa trade representative, Jose Antonio Jimenez. Jose mentioned some things about the controversy with the United States and Mexico with the imported high fructose corn syrup into Mexico and the effects it has had on the sugar markets and the producers. Since Iowa is the number one grower of corn in the United States, and number one in producing high fructose corn syrup, it is a major issue for Iowans because of the great market share we have with Mexico. In this essay I will discuss some of the issues with the trade barriers, taxes, and tariffs the two countries have opposed on each other.
What do the statistics reveal about the product? This reveals that the market for the two products is present, and combining them will result in a profitable business. This paper is a report on targeting and segmenting the new liquor-filled chocolates as a potential business. To begin with, it is crucial to appreciate the meaning of segmentation and targeting, because these two terms lay the foundation for this report. Consequently, segmentation is dividing a market, into groups of consumers with homogenous traits in order to provide each group with the desired product.
...choices for executives, and gaining rapport with local suppliers, the corporation stands a good chance of achieving success in their foreign expansion.
Sugarcane is an important industrial crop for the tropical and subtropical region of the world. It is produced in more than 100 countries, with global production of 174 million tonnes sugar. It accounts for about 80 percent and sugarbeet for about 20 percent of total sugar produced (FAOSTAT, 2008). In 2010, 1,682 million metric tonnes (MT) of sugarcane were produced worldwide in a total area of 23.8 million hectares (ha). Brazil is the largest sugarcane producer, contributing with 40% of the world production (719 MT) followed by India (278 MT), China (111 MT), Thailand (68 MT), Pakistan (50 MT), Colombia (38.5 MT), Australia (31 MT), Argentina (30 MT), United States (27.5 MT), Indonesia (26.5 MT) and the Philippines (23 MT) (FAOSTAT, 2011). India rank second among the sugarcane growing countries of the world in both area and production. Globally it is cultivated over an area of 20.1 million hectare, with annual production of 1381.1 million tonnes and productivity of 65.5 tonnes per ha. In India sugarcane is cultivated over an area of 4.36 million ha, with an annual production of 281.8 million tonnes and productivity 64.6 tonnes per ha. Uttar Pradesh, Maharashtra, Karnataka, Tamilnadu and Andhra Pradesh are the important sugarcane
The international business development has heightened the importance of international market selection (IMS) of companies, especially for their exporting strategy. However, not many companies really comprehend the geographical, social, economic characteristics of foreign countries in comparison with their home countries (Cavusgil, 1985). This fact has challenged many studies to create the optimal approach for IMS. The major question is: Which foreign market should a company enter? Thus, this report focuses on providing a practical consultancy to evaluate and determine its most appropriate foreign markets.
When it comes to doing business internationally the decision making is more complex. There are many interactions between each country that need to be addressed. In order for a business to be successful in the international market they need to examine and analyze all the facets of their company. They need
C1 Marketing Strategy requires Research to find out. Customer Requirements – Is there a market for liqueur ice creams? The Right Products to Develop to Meet Customer Needs – Which? liqueurs would the consumer’s prefer/buy the most? Which product variation is preferred to be used?
...enture into overseas market comes with expectations as well as uncertainties due to unfamiliarity. Charles and Keith, the fashion retailer, has to understand clearly that what appeals in one market might not be accepted in the others and this is almost the same for all industries. Thus, a thorough research on cultural background has to be done before entering an unfamiliar ground.
Sugarcane Sugarcane homepage | How to change the world with sugarcane - Solidaridad. (n.d.). Solidaridad Network. Retrieved April 14, 2014, from http://sugarcane-solidaridad.org/solidaridad-receives-millions-tackle-chronic-kidney-disease-among-sugarcane-cutters
Sugar is an indispensable ingredient in many foods and beverages as it delivers many functional properties critical to product manufacturing and overall taste, flavor and appearance. Functional
Besides that, also important to consider there is the difference in shipping costs from different ports, as it will change the “landed cost” of the item, and the retail price and profit margin. Then, Problems encountered in international business larger and more complex than the problems faced in the domestic business. In example, the manager of an international organization decides to reduce costs and maximize the value-added. They must decide whether it is ethical to comply with all labor and environmental standards are found to be lower in less developed countries. In addition, they must decide which one foreign market to enter and should be avoided. The domestic business manager was not affected by this factor directly, but they will be affected by the economic downturn of international trade.