Background of Hershey Company The Hershey Company (NYSE: HSY) is the largest producer of quality chocolate in North America and a global leader in chocolate and sugar confectionery. Headquartered in Hershey‚ Pa.‚ The Hershey Company has operations throughout the world and approximately 14‚000 employees. With revenues of more than $6.6 billion‚ Hershey offers confectionery products under more than 80 brand names‚ including such iconic brands as Hershey ’s‚ Reese ’s‚ Hershey ’s Kisses‚ Hershey ’s Bliss
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Hershey’s in Europe By: Kathryn Frehse Business 330 Principles of Marketing Professor Susan Craver December 3rd‚ 2012 The Hershey Chocolate has been dominating the market in chocolate in the United States for many years. They have expanded to different countries. But‚ they have not expanded to Europe. This is an excellent market where the Hershey chocolate would have competition‚ but they would also thrive in such a large market. With the right promotion‚ integration‚ and careful checks
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Hershey’s company mission The Hershey’s company mission is “Bringing sweet moments of Hershey happiness to the world every day.” Hershey’s mission statement is short and sweet. They are able to address the majority of the nine components of the mission Statement with one sentence. Their customers are the world‚ their product is Hershey‚ their market is the world‚ their philosophy is to bring happiness‚ and their self-concept is that they perceive themselves as a company that can bring happy moments
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THE HERSHEY COMPANY ANALYSIS Pursuant to Securities Exchange Act of 1934 Form 10-K & Schedule 14A Proxy Statement BUS 500A Accounting Fundamentals Professor Dennis Kyte February 19‚ 2012 Olabisi Carr I. Background Information Name of the Company: The Hershey Company. See SEC Form 10K‚ front page 0. Hereinafter. “Hershey.” or the “Company.” See Proxy Statement‚ page 2. Fiscal year covered by the annual report: Fiscal year 2009. See SEC Form 10K‚ front page 0. Stock Exchange
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THE HERSHEY CHOCOLATE COMPANY INTRODUCTION The Hershey Company was originally a purely chocolate manufacturer but extended to wafers and other products‚ some even non-chocolate. Now‚ the Hershey Company has grown to become a leader when it comes to dark chocolate and premium chocolate. Hershey’s Mission Statement is “Bringing sweet moments of Hershey happiness to the world every day” (www.thehersheycompany.com). This means delivering quality confectionary to consumer for all occasion‚ being
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Charlene Andrews Professor Wittke BUSS100-Business Principles Hershey’s Homework 1. Does Hershey use process manufacturing or the assembly process? Is the production of Hershey ’s chocolate an intermittent or continuous productions process? Justify your answers. Hershey uses both process manufacturing and the assembly process to produce and manufacture their products. Process manufacturing is used during the chocolate creation phase by combining various ingredients together‚ such as cocoa beans
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candy-manufacturer Milton Hershey’s decision in 1894 to produce sweet chocolate as a coating for his caramels. Located in Lancaster‚ Pennsylvania‚ the new enterprise was named the Hershey Chocolate Company. In 1900‚ the company began producing milk chocolate in bars‚ wafers and other shapes. With mass production‚ Hershey was able to lower the per-unit cost and make milk chocolate‚ once a luxury item for the wealthy‚ affordable to all. A company on the move. The immediate success of Hershey’s low-cost‚ high-quality
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Hershey CEO defends company strategy * February 4‚ 2010 * source: just-food Hershey president and CEO Dave West has stood by the US chocolate maker’s strategy and insisted the company can deliver “long-term value” for shareholders. The business‚ which generates the bulk of its revenues in the US‚ has faced questions over its future growth after deciding not to bid for UK confectioner Cadbury. Hershey has ventures in Brazil‚ India and China but industry watchers have argued the company’s international
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The Hershey Company 1. History and Overview The first Hershey’s Chocolate Bar was produced in 1900‚ six years after the firm that would become The Hershey Company (“Hershey”) was founded by candy-manufacturer Milton S. Hershey. 2. Strategic Planning‚ Corporate Vision Until late last year when Hershey announced plans to revamp how it organizes its business with two new strategic business units—one for chocolate and the other for sugar confectionery—the company’s marketing organization
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CHAPTER 11 Earnings Management 11.1 Overview 11.2 Patterns of Earnings Management 11.3 Evidence of Earnings Management for Bonus Purposes 11.4 Other Motivations for Earnings Management 11.4.1 Other Contracting Motivations 11.4.2 To Meet Investors’ Earnings Expectations and Maintain Reputation 11.4.3 Initial Public Offerings 11.5 The Good Side of Earnings Management 11.5.1 Blocked Communication 11.5.2 Theory and Empirical Evidence of Good Earnings Management
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