Ethics and Compliance within Pepsi-Cola
TEAM B
UNIVERSITY OF PHOENIX
CHRISTOPHER WALLACE
November 24, 2012
Ethics and Compliance within Pepsi – Cola
Pepsi-Cola or PepsiCo is a global company that has $510 million in sales and 19,000 employees in many countries worldwide including Europe, Asia, Middle East and Africa. PepsiCo was founded in 1965 after Pepsi merged with Frito-Lay. PepsiCo has the philosophy of being committed to delivering sustained growth through empowering people, acting responsibly, and building trust within the community it serves (PepsiCo, 2012). The mission of PepsiCo is to be the premier world’s consumer product company focusing on convenient foods and beverage (PepsiCo-Mission, 2012). The focus of this paper is to discuss the ethical behavior of PepsiCo; to explain how financial markets work within the United States; to identify the processes PepsiCo uses to comply with SEC regulations and discuss the financial performance of PepsiCo.
Roles of Ethics and Compliance in Pepsi’s Financial
In order, to identify the roles of ethics and compliance we must understand the meaning of ethics and compliance. When determining what is right or wrong, who is responsible or not responsible, who was fair or unfair we concerned ethics. Ethics is the response to the question, “What should I do?” Compliance is the fact of meeting rules or standards. Compliance are internal policies and procedures set forth ensuring that each individual abide by the regulations. In today’s society we have several businesses that have adhered to their ethics and compliance. One amazing company that stands out among the rest is PepsiCo. Pepsi was originally created in the year of 1893 by Caleb Bradham. Pepsi has a commitment to strengthen their consumers and at the same time build a bridge of trust for their customers.
Pepsi believes that each employee should show respect, act with integrity and perform work responsibly for their