The
sustainability statement of the Hup seng shows that it follows the
sustainability commitments. In the group strategy, the embed material
sustainability is also very considerable and the statement also shows the
management approach of the company and also present a sustainability framework
with the sustainability disclosures. It also explains the scope and boundary of
the organization and how it works with its projects. Sustainability also
presented in the processes and in reporting. In all the business functions and
programs, the sustainability presented and shows the working style of the
organization.
In
the cocoa and HwaTai corporations, also presented the sustainability statement
presented how their effective working and also presented their smooth and
effective processing. In the business foundation of cocoa land, sustainability
is the basic pillar and its culture completely depends on it. In its all the
field and departments employees are practice to ethically work with the
sustainability with complete attention and cover all the activities of the
organization in this regard. The company sustainability plans and activities
are reviewed at annual basis to improve the performance of the organization. In
the Hwa Tai organization, the board of directors is deciding and set the
sustainability goal of the company. According to the business approach, this
working group also set the objectives of sustainability, policies, and
strategies that use in the organization and also consider the social,
environmental and economic effects for the organization. A proper evaluation
will be held and also provide a complete set of recommendations to control the
sustainability issue of the organization and enhance the efficiency of the
resources. By integrating sustainability in the procedures and processes type
operating unit has responsibility for managing the sustainability practice
within the organization. Proper sustainability practice must be monitor by the general
manager of the organization.
Marketing analysis of
Hup Seng
The
market analysis presents the demand for the product of a specific company among
their competitors especially benchmarks. Just like cocoa land and Hwa Tai
corporations, the Hup Seng also capture
the market at domestic and international level. With best selling and premium
products, the group set up a program with effective promotional activities. To
maintain the product awareness and increase the display of product different
Activities are going to presented and with this, all age group can get better
awareness about the product and high quality.
Hup
Seng wants to become like these two companies because their worth at a national
and international level and very renewable and customer get complete awareness
about all range of products. The sales team of the company also working a lot
to capture the market share through improving earning, increase distribution
points and promote the products. Group try to capture the crowded location like
super or hypermarkets and using strategic positions through sampling activities
and the promotional activities are used to sustain the market share as compared
to others.
In
more than 40 countries the group successfully distributes its product among all
its customers at an international level. Agents and distributors are also playing
an important role in the promotion of the product in different countries.
Almost 28% of the revenue of the group comes from the export product. In Asia
and Southeast Asia, the group is trying to increase its exports and the
management of the organization work effectively to make such product that suits
to all those customers who live in that area and also maintain its market
share. They also work with potential distributors that determine the demand of the
market and enhance the product exposure among customers to increase the
popularity of the product and also increase the name of the group through such
marketing techniques.