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Introduction
SPC Ardmona (SPCA) is one of Australia’s time-honored food companies, dedicated to supplying packaged fruit and vegetables. The Victoria state government recently made a decision of assisting struggling SPCA with $22 million to bail it out of the dilemma. It has been controversy over the rationality of this decision since the date on which the decision was released. This report critically evaluates the SPCA’s bail out case by using triple bottom line model, and delivers an opinion that SPCA was worthy of the investment from government. A detailed case study is summarized in subsequent section, followed by evaluation from perspectives of economic, social and environmental, respectively. The analysis is emphasized on economic aspects by adopting Porter’s Five Forces Model to discuss that the bail out investment is economically rewarding. The final conclusion is also given in the end of the report.
Case study summary
Founded in 1921 and taken over by Coca-Cola Amatil in 2005, SPCA is now Australia’s largest manufacturer of packed fruit and vegetables with five well-known subordinate brands (SPC Ardmona 2014). One of the brands, Goulburn Valley, was named after the region in which it locates its major manufacturing and distribution base in Victoria (SPC Ardmona 2014). SPCA has been facing recession recently with declined earnings and carrying values. According to Coca-Cola Amatil Annual Report (2013, p. 1), the net profit in financial year of 2013 reduced by 82.5% mainly as a consequence of the loss in SPCA.
SPCA blamed its fail in operation to appreciated Australian dollar, expensive labor and increasing competition from imported cannery products (Coca-Cola Amatil 2013, p. 2). The majority of the imports from countrie...
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SPC Ardmona-Our Growers 2014, SPC Ardmona, Victoria, viewed 9 June 2014,
SPC Ardmona-Our Rich History 2014, SPC Ardmona, Victoria, viewed 7 June 2014,
SPC Ardmona-Who We Are 2014, SPC Ardmona, Victoria, viewed 7 June 2014,
The Sydney Morning Herald 2014, ‘SPC Ardmona signs $70 million deal with Woolworths’, The Sydney Morning Herald, 11 March, viewed 9 June 2014,
Willingham, R. 2014, ‘SPC future secured after Napthine government tips in $22 million’, The Age, 13 February, viewed 8 June 2014,
Moreover, this system of mass farming leads to single crop farms, which are ecologically unsafe, and the unnatural treatment of animals (Kingsolver 14). These facts are presented to force the reader to consider their own actions when purchasing their own food because of the huge economic impact that their purchases can have. Kingsolver demonstrates this impact by stating that “every U.S. citizen ate just one meal a week (any meal) composed of locally and organically raised meats and produce, we
In 1996, Jim Wagner was hired as chief financial officer and was able to successfully achieve steady profitability for the company. One year later, in 1997, in an attempt to source its strategic investments, Natureview organized an equity infusion from a venture capital firm; however, the venture capital now needs to cash out of its investment in Natureview and management will therefore need to find another investor or position itself for acquisition. In order to attain the maximum potential valuation, the company must make strategic marketing choices in an attempt to increase revenues to $20 million before the end of year 2001. And to meet this lofty goal, Natureview can potentially enter a new market and transition from the natural food channel into the supermarket channel, a move that would signify a dramatic departure from the company’s present cha...
Norris, Floyd. "Bausch & Lomb and S.E.C. Settle Dispute on '93 Profits." The New York Times. The New York Times, 18 Nov. 1997. Web. 16 May 2014.
The analysis of the Kellogg’s case is presented in this chapter and will contribute to answer the research question. The case are evaluated and compared to the literature presented in the previous chapters and will support the conclusion of this paper.
Monsanto Company is a large multinational agricultural conglomerate that supplies genetically engineered products to the market. The enormity of its financial muscle makes it a strong market force. The company has been engaged in unscrupulous activities while receiving protection from the government and other government agencies in its undertakings. This analysis utilizes a heuristic approach to dissect the Monsanto’s relationship and performance in the market amidst ethical, social and legal odds.
Farmer markets have always been around and a strong reason to believe that they will still be around long after our time. There are several reasons why this age old tradition still exitst today and revolves around a very common question, “What does a buyer find important when they are about to buy food to be consumed, or how the produce is grown/manufactured, processed, marketed, and distributed. Supporting farmer markets and ensuring fair trade among the dealer and the seller can help promote healthier lives while building stronger communities. There are several reasons to support a community’s farmer market event because buying true locally grown food can allows the buyer to have options to food that is picked fresh and tastes better than what is sold in the supermarkets. Another benefit to farmers markets is that the food is sustainable, flavorful, supports local farms, and also in some areas, part of the proceeds goes to the unfortunate within that community. With the addition of the food generally being more flavorful, locally grown food is adapted to the climate in which it was grown, and can remain fresh longer than that of an imported produce grown in a different climate. Final...
This highlights that a core principal of economics is the decisions and choices to be made in order to manage limited resources. Furthermore, that microeconomics pertains to the behaviours that affect these decisions and choices made at an individual level. As demonstrated by the avocado industry recently, motives and variable factors for increases/decreases in supply and demand will not always be transparent to the consumer. Therefore, to have an understanding of the concepts of microeconomics and the market can elucidate the individual consumer’s decision making rationale rather than making
...impact coffee prices whose producers are found all over the world. Then, in today’s world, there is always the threat of terrorism. However, the Bioterrorism Act of 2002 helps to ensure the safety of imported goods while improving the FDA’s scope of control in enforcing importation safety and regulation. Finally, Kraft and its industrial peers have made corporate social responsibility an important component of their overall strategy.
Our current system of corporate-dominated, industrial-style farming might not resemble the old-fashioned farms of yore, but the modern method of raising food has been a surprisingly long time in the making. That's one of the astonishing revelations found in Christopher D. Cook's "Diet for a Dead Planet: Big Business and the Coming Food Crisis" (2004, 2006, The New Press), which explores in great detail the often unappealing, yet largely unseen, underbelly of today's food production and processing machine. While some of the material will be familiar to those who've read Michael Pollan's "The Omnivore's Dilemma" or Eric Schlosser's "Fast-Food Nation," Cook's work provides many new insights for anyone who's concerned about how and what we eat,
This can then be related to one of the main issues about food insecurity in Canada, with the creation of a food strategy it could help with the effects of this issue. The issue here is the emissions of greenhouse gases that are a result of long distance travel of our exported and imported foods. This issue could potentially be resolved through the creation of a national food policy that works towards making sure more of our food here in Canada is locally grown and processed; this will cause a positive impact on both our environment and economy. Canada’s “...focus on exportation also means we are progressively importing more, including many things that we can grow, process and store in Canada. All this means further losses for our economies and for our communities” (Resetting the Table). By implementing a national policy on food, Canada’s economy would be greatly impacted because less local farmers and fishers will be put of business and more revenue will be going towards these Canadian business and locally grown
Patagonia Inc is one of the companies that have been considered to be highly responsible in the way that it offers its products. The reason as why the company is considered to be socially responsible is brought about by the fact that the top management of the company has made it a priority for the company to convey the message that thy highly care for their employees, clients, and the environment from where they operate from (Snider, Hill, & Martin, 2003). As such, this paper will highlight some of the important reasons why Patagonia is considered to be a highly social responsible company.
The aim of this report is to present and critically estimate the market strategies of an international and a local chocolate manufacturer in Austria. The analysis is carried out in three stages – macro-environment (PEST analysis), micro-environment (Porter’s Five Forces Model) and company comparison (SWOT analysis). In the end, recommendations are given for the local brand Wiener Schokolade König.
In General, demand, supply and price are the major components of the economy in both competitive and non-competitive markets. Exchanging goods is occurring everyday and everywhere in the world so in order to maximise profit and the use of resources, companies have to know approximately the quantity of goods that customers require. This short essay will discuss the market mechanism in general and particular in food market in the United Kingdom.
The sociocultural dimension of the general environment will strongly affect Fonterra in the next 10-15 years. The sociocultural dimension will affect Fonterra by the recent decline in productivity and decreasing dairy price causing a loss of 500 plus jobs within the industry many jobs being cut “Initial job losses will come mostly come from sales and support teams, but departments including R&D, health and safety and quality assurance are likely to be affected later this year” ( The Chemical Engineer, 2015) . These cuts are set to save Fonterra up to $60 million New Zealand Dollars per year by cutting the non-managerial employees. The current swelter on Fonterra with the fresh botulism scare it’s an audacious action to further cut health and safety and quality assurance setting Fonterra on a discouraging track for the up and coming 10-15 years. Cultural characteristics show the cuts of over 500 jobs shows that the company further compromise its values for safety for the benefit of saving money. This potentially could affect the company in the future by customers and employees having a change in attitude towards purchasing or being employed by Fonterra. Also having the potential to change behaviour of the consumers no longer purchasing or
Both of the newspapers have the front page story about Sir Mark Thatcher, the man who has been in charge of helping to finance. a mercenary plot to topple the head of an oil-rich African state. now faces 15 years in jail. Both newspapers have an image of Sir Mark. Thatcher being escorted from his home into a police car in South Africa.