With 5 patents each in class A23G 1/18 (Apparatus for conditioning chocolate masses for molding,) Mars, and Carle & Montanari S.p.A. enjoy equal standing; this class is currently dominated by just four competitors, and covers apparatus for conditioning chocolate masses for molding. The other two companies are Meiji and Procter & Gamble with 3 and 2 patents respectively (Hui-lin et al., 2001). Among the top ten patent assignees, Mars and Meiji, having patents in nine of out the top ten technologies in chocolate manufacturing, are the best covered (Hui-lin et al., 2001). These authors maintain that the secret to successful technology planning for Mars and its competitor lies in patent mapping. "Patent Mapping assists in assessing the technological capability of an organization. It serves as a critical starting point for in-depth researches. It also serves as a novel analytical tool for SWOT, Porter's 5 Forces model and the likes. Each patent map reveals a unique aspect of any given technology" (Hui-Lin et al., 2001, p. 6).
When taken in combination, such maps provide policymakers with a powerful analytical tool that can help them better:
Understand the overall state of a technological field
Identify technological activities, pace and trends
Recognize licensing opportunities
Understand characteristics of potential collaborator or competitor
Visualize various paths for development (Hui-Lin et al., 2001).
Legal. None identified.
Environmental. The company is well-known for its proactive stance towards environmental issues, particularly those that may affect its own bottom line. For example, in response to recent cocoa crop failures, the company began working with the Smithsonian Institution to organize the First International Workshop on Sustainable Cocoa Farming (Mars: Cocoa sustainability, 2006). The workshop was held in Panama in 1998 and featured a select group of ornithologists, plant scientists, environmental advocates and chocolate industry scientists that advocated the ideal that cocoa grown within a biologically diverse and environmentally sustainable agricultural system is capable of providing long-term economic, social, and environmental benefits to the millions of smallholder farmers who are uniquely suited to cultivate cocoa (Mars: Cocoa sustainability, 2006). The consensus statement developed at the conference remain in effect to guide efforts by Mars, as well as other members of the chocolate industry, to overcome the challenges facing the cocoa farmers and to better realize the many benefits of the crop; to this end, the principles adopted at the Panama Conference stipulate that a sustainable, biologically diverse system of growing cocoa will:
Be based on cocoa grown under a diverse shade canopy in a manner that sustains as much biological diversity as is consistent with economically viable yields of cocoa and other products for farmers.
Use constructive partnerships that involve all stakeholders with special emphasis on small farmers.
Build effective policy frameworks to support these partnerships and address the particular needs of small farmers for generations to come.
Encourage future cocoa production that rehabilitates agricultural lands and forms part of a strategy to preserve remnant forests and develop habitat corridors.
Maximize the judicious use of biological control techniques for integrated management of pests, disease, and other low input management systems.
In sum, the company states that, "The principles developed at the conference continue to guide efforts by Mars and our industry partners. Mars continues to be a leader in cocoa sustainability research" (Mars: Cocoa sustainability, 2006, p. 3).
SWOT Analysis.
In contrast to the external factors that can affect a company's performance, the purpose of a SWOT analysis is to isolate key issues and to facilitate a strategic approach in terms of both internal and external factors. The SWOT analysis is used to identify the strengths, weaknesses, opportunities, and threats related to the situation. For this purpose, strengths are positive aspects internal to the entity; weaknesses are negative aspects internal to the entity; opportunities are positive aspects external to the entity and possible threats are negative aspects external to the entity (Morrison, 2003) and these areas are applied to Mars below.
Strengths:
Strong brand name recognition among the new candy bar's targeted market.
Efficient domestic and international supply chain already in place.
Competent corporate leadership.
Weaknesses:
The two brothers (John Franklyn Mars and Forrest Edward Mars) and their sister (Jacqueline Badger Mars) are among the richest people in the world, but they are not getting any younger. According to a list maintained by Forbes Magazine, the siblings are tied for number 21 in the list of the world's richest for 2003 and each of them has a net worth of around $10 billion (Anderson, 2004). Overall, their family accumulated fortune places them in the same company as the likes...
Partial cost recovery. This is an objective that might have interest for an organization that has other revenue sources. Maximize quantity. The objective seeks to maximize the quantity of products/services sold or the number of customers in order to reduce costs in the long-term as predicted by the learning curve, also known as the experience curve. Quality leadership. Use price as a tool to designate high quality and position the product as
The decision had been to promote it as an aspirational brand using an Italian advertisement dubbed in English, which presented an ambasador's butler offering a huge piled plate of Rocher chocolates to the guests at the party. It seems that what most people disliked about the advertisement was not the actual scene, the party, but the way the English-language soudtrack for the British version sounded, as if it had
But due to previous expertise with unsustainable high sales during promotional periods and constant decreasing sales at the end of the promotional campaign, the company would not implement the penetration pricing strategy Terry's Group should implement a variable pricing strategy, meaning that the retail price would be given by the costs of manufacturing the products. A modification in the manufacturing costs (such as commodities or labor force) would materialize in
Everyday will also maintain its own Web site for online distribution. Already, one competitor, M&M/Mars is exploring this channel to increase its sales as well as profit margins. Online, consumers can personalize their own labels or foil overwraps which enable manufacturers to charge far more money for their candy (Moran, 2008). "What they have done is drawn the focus away from the chocolate and drawn attention to the product. For
The logical move for Nestle will be to move back into its old, traditional lines and reestablish its most popular brand in its original sense. The have already readopted their original slogan for the Kit Kat brand after abandoning it in hopes of refreshing the image. Their best moves in light of the competition is to match the cosmetic variety in their product lines that their competitors have succeeded with.
8 million, just a small fraction of the overall chocolate market which is about $6 billion in the United States alone (Organic chocolate booming in U.S.). Everday seeks significant market in the larger overall chocolate market where it will compete head on with America's leading selling candy bars, Snickers, Hershey's Chocolate, Reese's Peanut Butter Cups and M&M's (Beirne, 2006) instead of niche organic players such as Dagoba, Green & Black,
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