Question

Focusing on the company Nestles Trinidad and Tobago, examine three (3) major strategies that were implemented within the past 3 – 5 years.

1. Interpret, discuss and evaluate these strategies in depth.

2. From your perspective, identify three (3) key benefits that the organization has gained from the implementation of the strategies.

Answer 1

Here I am going to describe about the strategies of Nestle Trinidad and Tobago along with the benefits of these three strategies to the organisation.

Following are the strategies of the Nestle company :-

1) Understanding and serving the consumer :- it is really important for our company to understand the consumer behaviour so that they can satisfy the consumer according to their needs and wants.

2) Increasing efficiency :- Nestle tries to increase the efficiency of organisation so that they can work properly to provide the satisfaction to its customers to maintain the reputation in the market.

3) Building on our Nutrition, Health and Wellness :- machhali tries to build health and wellness with the nutritional food products. nursery kids its food healthy so that consumer don't complain and enjoy the food along with the taste and the healthy nutritions.

benefits that Nestle has availed from search strategies are following :-

1) GOODWILL AND REPUTATION

2) CUSTOMER LOYALTY

3) INCREASE EFFICIENCY AND EFFECTIVENESS

4) GREAT SUPPORT FROM WITHIN THE COMPANY.

*PLEASE RATE WITH A THUMBS UP *