Preview

P&G International Business Management

Powerful Essays
Open Document
Open Document
3135 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
P&G International Business Management
[pic]

International Business Management

Table of Contents:

1. P&G Introduction 1. Birth of P&G 2. Timeline 3. Operation 4. Brands & Operation Bases 5. Logo & conflicts 2. P&G in China 1. Culture & Background 2. Reasons 3. Porter’s Diamond 4. Internal Advantages 5. Entry mode & time 6. Advantages Vs. Disadvantages 3. Management & Strategies 1. China Vs. France 2. Cultures 3. Hofstede 4. Successful? 5. Company Structure 4. Conclusion and Implication 5. Job Distribution 6. References

Introduction P&G is a Fortune 500 American MNE that is the top world’s MNE that specializes in household and personal goods and is headquartered in Downtown Cincinnati, Ohio and manufactures a variety of consumer goods. In Fortune 600, P&G is ranked and listed as the top 6 of the Most Admired Companies in 2010. It is also credited with many business innovations like brand management and soap opera. P&G manufactures a wide range of consumers’ goods.

History The founding fathers of P&G are William Proctor and James Gamble. William Proctor is an England immigrant who works as a candle maker, settled in Cincinnati and later married Elizabeth Norris. James Gamble is an Ireland immigrant who works as a soap maker, settled in Cincinnati and married Elizabeth’s sister, Olivia Norris. Proctor’s and Gamble’s father-in-law, Alexander Norris, gathered both of his son-in-laws and suggested to them to partner up to open a company, and so P&G was born in the Halloween day of 1937.

Timeline
|Timeline |Events |
|October 31, 1837 |P&G was born as a result of the suggestion from Alexander Norris, the father-in-law |
|1858-1859 |P&G sales reached $1 million while



References: 1. http://www.wikinvest.com/stock/Procter_%26_Gamble_Company_%28PG%29 2. http://en.wikipedia.org/wiki/Procter_%26_Gamble 3. http://www.pg.com.cn/job/Overview/Introduction.aspx 4. http://www.pg.com/en_US/company/purpose_people/index.shtml 5. http://www.scienceinthebox.com/en_UK/main/index_en.html

You May Also Find These Documents Helpful

  • Powerful Essays

    Answers To Assignment 2 1

    • 2996 Words
    • 21 Pages

    P&G operates in the consumer products market. The company separates its operations into six global segments: (sales by segment)…

    • 2996 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Proctor and Gamble

    • 831 Words
    • 4 Pages

    With such meager beginnings and at the time of inception, their product was needless to say, unpopular. Soap in the early part of the nineteenth century was not on the priority list for consumers to spend their monies on. P&G depended heavily on their candle making but as the light bulb became more popular they quickly realized that candles had become a thing of the past and quickly turned their attentions to the soap business. With a few governmental contracts and some investors, they began to invest in chemically enhancements to their mainstay product, soap. Approximately 1879, James N. Gamble, son of the founder was a trained chemist and with his abilities he had developed an inexpensive pure white, floating soap named ivory.…

    • 831 Words
    • 4 Pages
    Good Essays
  • Good Essays

    "Procter and Gamble is an American global corporation based in Cincinnati, Ohio that manufactures a wide range of consumer goods." (Hoovers) Its European Headquarters are in Geneva, Switzerland. Procter and Gamble is the world's number one maker of household products. The company was formed in 1837 by two men: William Procter, a candle maker, and James Gamble, a soap maker. Both were immigrants from England. Coincidently, they married sisters, which was the reason for them to meet. The father of the sisters convinced Procter and Gamble to become business partners, and they would later form their multi-billion dollar company. Their sale prospered, reaching one million dollars, in the year of 1859. A main cause of this was because of the American Civil War, allowing P&G to win contracts with the Union Army for soap and candles. "Once the war was over and the soldiers returned home, they continued to purchase the company's products." (Hoovers)…

    • 842 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Procter & Gamble (P&G) is a leading manufacturer of personal and home care products. P&G is an international company that operates in 40 different countries.…

    • 1566 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Proctor & Gamble is a fortune 500 company. William Procter, a candlemaker, founded the company and James Gamble a soap maker, formed the company known as Procter & Gamble (P & G) in 1837. The two men emigrated from England and Ireland and settled early in Cincinnati. They might never have met had they not married sisters: Olivia and Elisabeth Norris. (Britannica Encyclopedia, 2007) The business decision was made by their father-in-law to make the two men business partners. The company prospered during the 19th century. In 1859 sales reached one million dollars. By this point, approximately eighty employees worked for Proctor & Gamble. During the Civil War the company won contracts to supply the Army with soap and candles. (www.pg.com) The products of the company were in such demand that it increased the profit of Proctor & Gamble.…

    • 3253 Words
    • 14 Pages
    Better Essays
  • Good Essays

    Pfizer Overview

    • 550 Words
    • 3 Pages

    Pfizer was founded by cousins Charles Pfizer and Charles Erhart together the founded Charles Pfizer & Company. Originally emigrants from Germany, Charles Pfizer borrowed $2,500 from his father and the…

    • 550 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Procter & Gamble Company (P&G), incorporated on May 5, 1905, is focused on providing consumer…

    • 717 Words
    • 3 Pages
    Good Essays
  • Good Essays

    William Procter and James Gamble formed the company known as Procter & Gamble in 1837 (2005). The two men came from England and Ireland and decided to stay in Cincinnati and put their money…

    • 909 Words
    • 4 Pages
    Good Essays
  • Good Essays

    ‘Mockingbird’ written by Eminem is a poem about Eminem giving his perspective about life before fame and his relationship towards his daughters and wife. One theme that stands out to me is self-reflection. While reading this poem, it made me feel sympathetic towards Hailie and Alaina (Eminem’s daughters) because their parents separated/divorced when they were very young. As stated in the poem, ‘And you and Laney were too young to understand it’ They were too young to understand why their parents had to split up. This made think why couldn’t they wait to split when they are a little bit older so they could understand?…

    • 743 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Swot Analysis of P&G

    • 1223 Words
    • 5 Pages

    P and G is one of the largest consumers’ goods company in the world. It markets 300+ products in more than 180 countries. According to 2011 Annual Report, 26 of P&G 's brands have more than a billion dollars in net annual sales. With a large number of leading brands like Oral-B ( a brand of toothbrush, and oral care products), and many other, P and G has been successful in influencing the lifestyle of majority population.…

    • 1223 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Procter and Gamble

    • 5902 Words
    • 24 Pages

    Procter & Gamble SA (P&G) is a chemical company. It is one of the newest P&G subsidiaries. The company offers services in the areas of beauty and grooming, health and well-being, and household care. It markets different brands like Head & Shoulders, Pantene, Pampers, Always, Tampax, Oil of Olay, Vicks, Pringles, Old Spice and Hugo Boss. Procter & Gamble in South Africa principally into production of cleaning products and beauty care products. P&G uses its South African base to export to neighboring SADC countries. The company has offices in Johannesburg and Cape Town. P& G has its Headquarters in Ohio, US.…

    • 5902 Words
    • 24 Pages
    Better Essays
  • Satisfactory Essays

    costs. While these cost savings were effective, they were still not enough and P&G then…

    • 306 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Procter & gamble (P&G) is a leading global consumer products company founded in 1837 with $76.7 billion in sales in 180 countries. P&G is famous for their brand names like Tide, Gillette, Pantene and many others. It competes in 26 distinct product-category markets such as hair care, cosmetics, paper towels, skin care, oral care, blades and razors, diapers and fabric care.…

    • 796 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Sk-Ii

    • 4673 Words
    • 19 Pages

    The Procter & Gamble Company (P&G) boasts boatloads of brands. The world 's top maker of household products courts market share and billion-dollar names. The company divided into three global units which are household care, beauty and grooming, and health and well-being. The company also makes pet food and water filters and produces a soap opera. P&G 's many famous brand are under P&G Multinational Corporation which included Febreze, Fusion, Always, Braun, Bounty, Charmin, Crest, Downy or Lenor, Gillette, Iams, Olay, Pampers, Pantene, Pringles, Tide, SK-II, and so on. Their market capitalization is greater than the GDP of many nations. They penetrate more than 180 nations of the world. Their purpose is to come out with the branded products and services of superior quality and value that improve the lives of the world’s consumer. In return, the consumer will reward the P&G with leadership sales, profit and value creation (P&G, 2011).…

    • 4673 Words
    • 19 Pages
    Best Essays
  • Powerful Essays

    To get an on-location idea on rural markets, we visited the Chiknagul Bazar on a ―Haat- day‖. We talked to the traders as well as the shoppers at random and for this we used unstructured questions following the thought that direct questions would create discomfort for the respondents and we might not get the actual answers. As our study on rural markets mostly demanded qualitative data, so we did not go for any numeric statistical survey. Also, we followed the observation method of research to see how much time shoppers are spending in a particular shop, how much time traders are taking to finish a whole transaction, the volume of people buying fake products instead of buying the original ones due to cheap costs as well as the volume of sellers selling those fake products, etc.…

    • 5639 Words
    • 23 Pages
    Powerful Essays