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7/27/2019 Launching a New Product In
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Introduction ACI is a one of the largest Bangladeshi conglomerates
which operates through three reportable segments:Pharmaceuticals, Consumer Brands and Agribusiness.
ACI established as the subsidiary of Imperial ChemicalIndustries (ICI) and it has been incorporated as ICIBangladesh Manufacturers Limited on January 24, 1973.
The company was renamed as Advanced Chemical
Industries Limited (ACI Limited) on 5 May 1992 ACI is exporting its Pure Brand products to Australia, UAE,
Kuwait, Saudi Arabia, Bahrain, Qatar and many othercountries to come into the list.
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New Product SpecificationsACI Pure Chingri Bhaja is a new product which ACI
Food Ltd has planned to launch
The product is fried shrimps which would be sold insmall packs of 100 gm & 250gm.
The product is basically the fried shrimps with someadded spices on top added on as powdered spices to
make it taste a little spicy. Besides other exporting countries, ACI is now going to
launch their new products in Malaysia
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Micro-environment (Cont...) Competitors
ACI has established a strong brand name for itself and oneof the top companies in the food & beverage industries.
ACI currently has some very strong local competitors inMalaysia
Publics
There are mainly two types of public involved to the
company:I. General publics- individual customers
II. Internal publics - managers, employees and so on.
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Macro-environment Analysis Political-Legal
Political stability is a major issue for any company thatmany companies can suffer due to the unstable
political condition.Legal issues are cause of concern as the food productsof ACI Foods Limited have to have the minimumquality standard before being marketed.
EconomicalEconomical stability is vital for any kind of businessand the food industry would be hit if there is a changein income levels of an economy.
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SWOT AnalysisStrength
I. ACI has a strong brand nameII. It has chain of retail outlets to
sell their own products.
WeaknessACI Food Ltd. is a new sector of ACILtd., so basically it is in the growthstage
OpportunityI. Due to the change in lifestyle the
demand for readymade foodproducts have increased greatly.
II. Expanding business in theinternational market would alwaysbe an attractive proposition.
ThreatA major threat for ACI Food Ltd. is its
competitors who have very wellestablished brand food products in themarket.
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ConclusionACI believes that Pure Chingri Bhaja would be a huge
hit amongst the people judging from the demand ofshrimp in the local market in Malaysia.
ACI hopes to create an image in the minds of thecustomer as a reliable & quality conscious product.
The end target is to make Pure Chingri Bhaja a one of a
kind product which would be remembered by thebrand name itself Pure Chingri Bhaja.
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Thank you all.....