Drink manufacturer, Wisynco, is investing $1.5 billion for the production of a more environmentally-friendly plastic to package its popular WATA brand. The new bottles will contain 50 percent less plastic, and feature an easy-open cap, and wider mouth in a variety of sizes. “Wisynco has always been a leader in the environmental revolution and committed to reducing our environmental impact. The company has spearheaded numerous environmental initiatives such as the ongoing Wisynco ECO Challenge, which involves and educates corporate Jamaica on recycling efforts,” Wisynco CEO Andrew Mahfood said. Mahfood said the company will continue to extend these efforts into schools with the Wata Sustainability Programme, which will roll out to schools this September. Wisynco has continuously redeveloped its packaging for WATA. The beverage maker has already begun exporting more purified water in addition to new production lines to double volume output as the market expands. As the company looks to attract a larger share of the local and export market, Wisynco noted that it is proud to be able to consistently invest in the most modern technology available while maintaining a real focus on minimizing environmental impact.     1.       Discuss three (3) likely environmental forces that Wisynco is responding to with the launch of this new bottle?

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter3: The Marketing Environment
Section3.2: Volkswagen Hits A Bump In The Road
Problem 3C
icon
Related questions
Question

Drink manufacturer, Wisynco, is investing $1.5 billion for the production of a more environmentally-friendly plastic to package its popular WATA brand.

The new bottles will contain 50 percent less plastic, and feature an easy-open cap, and wider mouth in a variety of sizes.

“Wisynco has always been a leader in the environmental revolution and committed to reducing our environmental impact. The company has spearheaded numerous environmental initiatives such as the ongoing Wisynco ECO Challenge, which involves and educates corporate Jamaica on recycling efforts,” Wisynco CEO Andrew Mahfood said.

Mahfood said the company will continue to extend these efforts into schools with the Wata Sustainability Programme, which will roll out to schools this September. Wisynco has continuously redeveloped its packaging for WATA.

The beverage maker has already begun exporting more purified water in addition to new production lines to double volume output as the market expands.

As the company looks to attract a larger share of the local and export market, Wisynco noted that it is proud to be able to consistently invest in the most modern technology available while maintaining a real focus on minimizing environmental impact.

 

 

1.       Discuss three (3) likely environmental forces that Wisynco is responding to with the launch of this new bottle?

 
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Ecological design
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MARKETING 2018
MARKETING 2018
Marketing
ISBN:
9780357033753
Author:
Pride
Publisher:
CENGAGE L
Marketing
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College