2.1 History of Nestlé Nestlé Group was established by a Swiss chemist‚ Henri Nestlé in 1867. During 1867‚ there was high infant mortality in Europe due to malnutrition. Therefore‚ this dedicated man began experimenting with nutritious food supplements to overcome the problem. In the same year‚ he was approached to help an ailing premature infant who was unable to accept his mother’s milk or any of the conventional substitutes. A life was saved after the infant began to take the milk food supplement
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Nestlé is a multinational packaged food and beverage company founded and headquartered in Vesey‚ Switzerland. Nestlé Company is the world ’s first company to make infant cereal. Henri Nestlé is the chemist who starts to do research on baby food in year 1867. His products soon became known worldwide after introducing a baby drink‚ which is his new product. In 1905‚ Nestlé Company merged with Angle-Swiss Condensed Milk Company and after that Nestlé Company produced milk chocolate. Nestlé has a wide
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Nestlé Company SWOT Analysis Strength Nestlé is located in more than 100 countries. It is one of the world’s largest producers of food and beverage products. It has been ranked as the world’s largest bottle water company. In 2008‚ Nestlé has been named one of America’s Most Admired Food Companies for the 12th consecutive time. Nestlé products and all its subsidiary companies like Gerber‚ Carnation‚ Nescafe etc… are all top selling brands. They have been always successful in keeping consumer’s
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it be enough to cover high R&D costs or will Nestle need to pass on costs to consumers thereby breaking its goal to keep products affordable? -Is it possible to find a universal blockbuster product given the differences between food/nutrition and drugs/diseases? -Competitors may be able to develop products faster and or outspend on R&D (arms race?) -No info on Danone’s R&D budget given similarities in product groups However‚ Nestle has proven that growth can be driven by new innovation
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PARENT COMPANY Founded:in 1866 in Switzerland by Henri Nestle Industry: food processing It was incorporated as limited company in 1959 It is the world’s largest and leading food nutrition‚health and welness company Area surved :world wide In 2011‚ Nestlé was listed No. 1 in the Fortune Global 500 as the world’s most profitable corporation KEY PEOPLE Chairman: Peter Barbeck-Letmathe CEO: Paul Blucke CFO: Wan Ling Martelo REVENUE Total revenue of Rs 8.2 billion‚with a growth
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1. What are the responsibilities of companies in this or similar situations? -A company going international and selling products that may‚ in one way or another‚ become a threat to the human health by the misuse of it have to take a series of serious measures in order to prevent this things from happening.Responsibilities of company in this situation. Find a way to become involved with the Baby-Friendly Hospital Initiative‚ like sending in donations or even working with the organization to help
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CONCLUSIONS AND RECOMMENDATIONS The Model employed by Nestle is one of High Performance‚ High involvement and high commitment. Nestle is unique in the sense that it has been able to successfully inculcate its business objective as well as its core values‚ consistently in its employees day-to-day activities starting from recruitment till continuous performance appraisals. Like‚ open and flexible culture is ensured by way of providing training programs to employees at all the levels. This kind of
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EXTERNAL ENVIRONMENT Demographic External factor More the education more will be the awareness about brand and quality food. If the income level of people is high then purchasing power will be high so they willpurchase more. Nestle products are made for people belonging from all age groups. Both male/female are included equally in its target market. Economic environment If the inflation rate is high then there will be decrease in purchasing power. so inflation indirectly affects the company‘s
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Nestle and Alcon – The value of a Listing The case talks about Nestle which is the world’s largest food company trying to assess whether a part of Alcon which is one of its major non-food holdings should be carved out for a public listing or not. There were many reasons mentioned in the case for this carving out like the heads wanted the market to reflect the full value of Alcon and only food and beverage analysts follow Nestle group and so on. The case tries to evaluate whether it was needed at
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The most crucial ethical criticism that can be analyzed from the Nestle case‚ is that they aggressively promote their infant formula. Furthermore‚ the case also provides examples such as giving milk nurses and health workers incentives to support bottle-feeding. A criticism such as this one‚ strongly emphasizes the rights based theory which states that actions that can affect certain rights are immoral. In the specific case‚ Nestle seems to be acting immorally/unethically as their actions negatively
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