Preview

BRFinaldefense

Powerful Essays
Open Document
Open Document
7683 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
BRFinaldefense
Factors Affecting the Purchasing Behaviour of Customers towards Monde Nissin Products
A Course Research
Presented to Dr. Danilo Te
In partial fulfillment of the requirements for the subject MGT 314 Business Research
Dailisan, Maea
Du, Karen
Ho, Lance
Lacanienta, Muzomia
Mariscotes, Iris

3MK-A; MWF 1:30-2:30pm

Chapter I
Introduction

BACKGROUND OF THE STUDY
Monde Nissin Corporation is a privately held company engaged in the production of food products such as noodles and biscuits. The company offers its products under Monde, Lucky Me! and M.Y. San brands. It was founded by Betty Ang who was ranked by the Forbes Asia as the 23rd richest Filipino with a net worth of $165 million. Monde Nissin has been consistently in the Top 100 Companies since 2000 and its manufacturing plant is ISO 9001-2000 certified. (Kotler & Lee, 2009)
According to (Tan, 2013), Monde Nissin Corporation (MNC) has been incorporated in 1979 and has continuously provided Filipino consumers high quality products and has been a consistent top biscuit player in the market. For more than two decades, MNC has steadily and aggressively risen to be the Philippine’s leading food manufacturer and is carving its niche as one of the most competitive players in the global industry. From its first biscuit, MNC has evolved into a premier food firm.
Currently, MNC has been producing biscuits and cookies and has a nationwide reach for its distribution channels from supermarkets down to the sari-sari store. To compete with the crackers product line, MNC through its sister company Monde M.Y. San Corporation is a major player in the crackers category.

Among its multiple products are shown in Table 1.

Nissin
M.Y San
Lucky Me!
Voice
Sumo
Bingo
Nissin wafer
Eggnog
Bread Stix
Nissin Butter Coconut
Tee UP
One One
Snitch
Monde Special Mamon
Coco Bites
Sky Flakes
Fita
M.Y San Graham Crackers
Instant Noodles
Dry Noodles
Specialty Noodles
Cup Noodles
Nam Nam Seasoning

Monde Nissin Corporation has been providing

You May Also Find These Documents Helpful

  • Powerful Essays

    The new product line of Sun-Chips™ Multigrain snacks will benefit from the excellence of Frito-Lay’s sales performance along with the current trend of “low-carbohydrate” craze. Based on the pre-market test analysis (PMT), national snack chip users are expected to purchase more than 31 million pound of Sun-Chips™ (see Exhibit 2). The sales price is $2.7 per pound (see Exhibit 3), the contribution margin is $1.3 per pound, therefore, the total contribution will be over $40 million; exclude the effect of 30 percent of canonization rate, which accounts for $2.3 million loss, (see Exhibit 4), the brand contribution of Sun Chip™ is over $38 million (see Exhibit 5).…

    • 1064 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Frito Lay Inc. Case Study

    • 1081 Words
    • 5 Pages

    In the 1980s Frito Lay had difficulty perfecting the healthier alternative to a snack chip. After releasing their product Prontos in 1947, which was a multigrain product, which did not last on the market for long, Frito Lay was on a hunt to create the perfect multigrain chip that consumers considered an everyday chip. There were many reasons why Prontos failed and those were factors that Frito Lay made sure to steer away from the second time around. The biggest problem facing Frito Lay in the late 1980s was how they can perfect the multigrain chip in every aspect, along with testing the market properly, along with nailing every aspect of the marketing plan. This included product strategy, pricing strategy, advertising and merchandising strategy, distribution and sales strategy, along with other considerations to be taken into account. Following off of this, deciding whether to launch the Sun Chips product line, or let the line continue to say in the test-market stage to gain more insight on the product and the market is another factor the company is faced with.…

    • 1081 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Mondelez International comprises of snacks and food brands from Kraft Foods after their spin-off in 2012. Mondelez International acquired its name from a few Kraft Foods employees which mean word and delicious in romantic languages. The company manages many popular snack brands worldwide with a few notable ones being Oreo, Chips Ahoy!, TUC, Belvita, Triscuit, Cadbury, Trident, Halls, and Stride. Mondelez International produces chocolate, biscuits confections, powdered beverages, coffee, and gum. They are headquartered in the Chicago suburbs and have an impressive portfolio with a few distinguishable ones such as Nabisco, Oreo, LU Tang, Cadbury, and Trident gum. Mondelze International generates around $36 billion in annual revenue and operates in more than 80…

    • 473 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Bronfenbrenner

    • 132 Words
    • 1 Page

    This system helps to emphasise how the environmental factors are. This theory shows that it is important to understand the life spent of individuals and our development it helps to explain our interactions and how our lives are affected by people and events in the world around us. As with any robust theoretical model, Bronfenbrenner’s (1979) ecological model of development is parsimonious and applicable to areas outside of its original purpose. Interpreted alongside Bronfenbrenner’s model, the classical theories of childhood development attain greater explanatory power. The Ecological Model is essentially a systemic approach that is complementary and enhancing to lifespan psychology and their application to an educational and counselling focused…

    • 132 Words
    • 1 Page
    Good Essays
  • Good Essays

    Bronfenbrenner

    • 309 Words
    • 2 Pages

    One of Bronfenbrenner’s ideas that have influenced my development is Microsystem. In this idea I believe that family and school helped with my personal development. Starting at a young age my parents taught me wrong from right. My parents also showed me how to be loving and caring towards others. Having not just my parents but different family members in my life growing up even now as an adult, I feel they help instill certain values to make me the women I am today. I feel that we grow up to be just like our parents, we begin to do and say things our parents did. When I am blessed to have children of my own I hope to do the same.…

    • 309 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Sanitarium Marketing

    • 885 Words
    • 4 Pages

    The company is leading manufacturer of breakfast cereals, soy beverages plant based meat alternatives, , and yeast spreads.…

    • 885 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Iggy's bread of the world

    • 281 Words
    • 2 Pages

    Iggy’s Bread of the World is an incredibly unique company. The niche that has made this company so successful is the commitment to the core compentency which is baking bread in a way that makes the person making the bread have a deep connection with the preparation and baking of it. Also, there is much thought and effort to find quality materials that help make the bread. It is this attention to detail and passion for the process of baking and delivering bread that has brought Iggy’s the success it has seen since it’s inception in xxxx. The success that Iggy’s has seen has also created the need for the company to expand in order to meet the growing demands of new customers. While the owners, Igor and Ludmilla Ivanovic, have done a wonderful job creating a culture that is necessary for the type of work ethic they require to produce the high quality product their customers have grown to expect, they were aware that they would need help to grow the company to a size that could meet the growing demand that their product was getting.…

    • 281 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Business Plan Flower Shop

    • 32079 Words
    • 184 Pages

    channel the supplier must operate in an optimal way in order to become profitable and…

    • 32079 Words
    • 184 Pages
    Good Essays
  • Satisfactory Essays

    minute burger

    • 438 Words
    • 2 Pages

    1.4 Ms. Judy W. Guevara, President: “Current: FSD – President at Leslie Corporations; Education: University of the Philippines – Diliman; Connections: 38 connections; Experience: FSD – President Leslie Corporation; Privately Held; 501-1000 employees; Food Production industry; April 1983 – Present (31 years 4 months); Education: University of the Philippines – Diliman;BS Food Technology, Food Service 1979 – 1983 and Ms. Katrina Andrea J. Tolentino, A Franchise Development Officer.…

    • 438 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Kanpur Confectionaries Private Limited (KCPL) is a family owned business, producing glucose, cream, salt and Marie biscuits under…

    • 1825 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Corporate Plan

    • 781 Words
    • 4 Pages

    Mr. Ben Bakery and Coffee shop (MBBC) is a start-up bakery establishment located in the Philippines. MBBC expects to catch the interest of customer base with the service of pastry products. I build this plan because I want to have a market position in the area. This is partners' industry which is competitive with other bakeshop in the area.…

    • 781 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Consumer Behavioral Study

    • 7158 Words
    • 29 Pages

    Previously, PT Indofood Sukses Makmur Tbk. has the syrup product line that it named as “Sirup Indofood”. However, due to the unsuccessful market of that product, in the end of 2010, PT Indofood re-innovated the product, re-designed the packaging and the concept, as well as re-branded the “Sirup Indofood”, by launching the new product called as “Freiss”.…

    • 7158 Words
    • 29 Pages
    Powerful Essays
  • Best Essays

    Palma, A.C. (2002). An Update on the Philippine Fastfood Industry. Center for food and Agribusiness. University of Asia and the Pacific.…

    • 2083 Words
    • 9 Pages
    Best Essays
  • Satisfactory Essays

    INTRODUCTION lucky me

    • 497 Words
    • 2 Pages

    Monde Nissin Corporation has been providing Filipino consumers high quality products and excellent service for almost 29 years. With the company’s drive for excellence and continuous innovation, Monde Nissin subsequently ventured into instant noodles in November of 1989.…

    • 497 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mang Inasal

    • 370 Words
    • 2 Pages

    being in the fast food industry, to offer its customers with good food. They must thenmake sure that the taste, which the customers have grown accustomed, should bemaintained and standardized, to keep the customers hooked and coming back for more.Freshness and quality of ingredients should also be maintained as part of maintaininghigh standards with their products. Pricing also is an important to consider given that thetarget market of Mang Inasal is considered to be price sensitive. Any sudden and drasticchange in price might push the customers to find other food providers. And in theindustry that Mang Inasal is in, there many others than can provide Mang Inasalcustomers with other alternatives. It must then be ensured that products of Mang Inasalare priced in a way that highlights value at the same time, still affordable to its customers.Major Industry ContributionSince Mang Inasal Philippines Inc. is a listed company in the Philippine Stock Exchange that publicly trades in the stock exchange is not exempt from the erraticconditions of the stock market every day. The raw materials that are being used andbought will tend to be more costly if the Philippine peso depreciates. Having manyforeign-owned food corporations being franchised in the Philippines, it can be consideredas a threat to Mang Inasal Philippines Inc., knowing that…

    • 370 Words
    • 2 Pages
    Satisfactory Essays

Related Topics