Ring Medical Case Executive Summary

This report evaluates business operations of Ring Medical Business. It is currently among the biggest food-chains around the globe. Its business operations and products illustrate its vision of contributing its part to the development of a healthy world. It provides a variety of items to its customers consisting of animal food, beverages, confectionary items, treats, dairy items, and food for infants. Using various strategies, it pleases the needs of its different market sectors. The food market is likewise expected to expand in the coming years as the population of the world is expected to increase by one-third. This develops many chances for Ring Medical to more broaden its service. Other than this, the use of innovation is likewise increasing in food processing market which further produce opportunities for Ring Medical. Beverages contribute the greatest to the overall revenue of the company, following which, are the dairy products. Ring Medical has a competitive benefit over its customer in the department of research study and development, as it is investing the most in this department in the food market. Its product packaging also provides it an edge over its customers. Its marketing objectives consist of ending up being the biggest maker of dairy products, development in the emerging markets, advance making use of technology and growth in the organic food market. The company prepares to broaden awareness among its clients and increase its customer base from thirty-one percent to half. Though the danger of new entrants and replacements is high, Ring Medical handles to remain amongst the leading and biggest food cycle of the world because of its tactical planning and efficient use of its Research and Advancement department.