1.
The opportunity I chose to further in learning
about is one from my 6A assignment. The article from the 6A assignment was one
of economic change and was titled “General Mills hit by slumping yogurt, cereal
sales.”
2.
The opportunity I identified off of this article
was for the General Mills company along with many others to change over to a
more organic and sustainable source of ingredients. The reason for a slump in
cereal sales is many people have turned away from cereal at breakfast and
started to eat healthier foods such as eggs, bacon, spinach, etc. all of these
things have turned into a new breakfast staple for a healthier lifestyle.
Yogurt on the other hand, is slumping because people are turning to organic
“Greek” yogurts. According to the article General Mills “Yoplait Greek yogurt”
failed to compete with other brands.
·
Who: General Mills and customers who have
healthy lifestyles and want organic, and healthy foods for themselves and their
families.
·
What: Change products over to healthier, organic
sources that people that genuinely care about their health will conform too.
·
Why: General Mills sales have reduced
drastically since healthy living movements have started in the United States. A
growing amount of people old and young are changing their lifestyles to promote
healthier living.
3.
·
On top of General Mills, I am sure other
companies that have not adapted their products to meet consumers “healthy”
needs are not experiencing major growth and sales within their product lines.
·
I think mainly the what just includes the cereal
and the yogurt that general mills produces because those are the two that are
mentioned. I am sure that other things are declining to due to health kicks
that everyone has went on, just not as drastically as cereal and yogurt
products.
·
The need for healthy and sustainable resources
come from people wanting to better their lives, and better the world. Most people
will believe this to be true while some others say that cereal and yogurt is
declining because people would rather not eat breakfast in most cases, and if
they do not waste time eating a bowl of cereal over a fast food breakfast sandwich.
4.
So, I started by telling my 5 subjects some
background about the case and what all entails the case. So, then I asked who
they thought needed to change. 3 out of 5 said that the company is responsible
for their actions and should change to suit the consumers need. All 3 of these
were college age students, 2 from a class I am in and my high school best
friend. The other 2 people I interviewed were my parents, and they both said
that if the company didn’t want to change products then they shouldn’t because
they are probably still making loads of profit and stick by what they think is
ethical and what they traditionally value. So, they believed that the consumers
had a responsibility to either like the products they were selling, or to find
another company that produces what their taste requires. The
3 that believed general mills was who needed to change, I asked whether or not
they thought other corporations could benefit from changing products to fit
consumers healthy living needs and they all said that they believed in some way,
shape, or form that any company that started developing healthier products that
it would create a larger market share for them. The other two both believed that
General mills as an corporation could potentially affect other corporations
because General Mills is such a large company. Out
of the 5 people I interviewed they believed the “why” that cereal and yogurt
made by general mills was declining because of 3 different reasons the first
which was chosen by mom and one of my classmates was saying that the reason
they needed to change was to promote healthy living of people. The second was
by my dad and high school best friend and they both said changes needed to occur
because there needed to be a more sustainable approach at food products to keep
the environment healthy. The third was proposed by another class mate that
basically said that the company needed to change just to maintain profits not
to help people or the environment.
5.
Basically, what I learned from the interviewers
was that older people believed less in the fact that the company needed to
conform but the actual consumers needed to conform. Younger people tended to
side with the people. I learned that consumers as a whole seemed like they are
less likely to switch to a different food company because of there being a
health issue they are concerned about. I think these interviews really helped
me understand how customers see certain companies and develop relationships to
the products.