PURPOSE 5 1. The Stakeholder Model Theory 6 2. P&G’s Stakeholder Model 8 2.1 Sustainable Development psychology 8 2.2 Economic Development 9 2.3 Environmental Protection 10 2.4 Government Relationship 10 2.5 Caring for Community 11 2.6 Consumer 11 2.7 Business Partner 12 2.8 Employee 12 2.9 Industry Associations 12 2.10 NGOs 13 2.11 News Media 13 3. Summary and Conclusion 14 REFERENCES 15 THE BUSINESS‚ GOVERNMENT AND SOCIETY RELATIONSHIP OF "P&G" ABSTRACT Stakeholder model is important for
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Unilever and P&G – Comparative Analysis Executive Summary The Consumer Products Industry is the biggest industry in the world at the moment‚ with total revenues amounting to about 50% of all goods sold. It is comparable to the GDP of the 4th biggest economy in the world‚ and entails most of the products we use in our every day lives. There are 3 key factors that drive the industry today: developing markets‚ the emerging middle-class of developing countries and the millions of baby boomers in
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Unilever has experienced quite a rollercoaster of marketing success and failure over the last 5 years. Originally its new 5-year strategic plan entitled Path to Growth’ had special promise and forecast for success. The primary objective of this plan was to cull Unilever’s tail’ brands and place extra emphasis on those which were market leaders. Niail Fitzgerald believes that too many brands often confuse the customer and thus lead to poor purchasing decisions. The paradox of choice between Unilevers’
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product portfolios diverse day by day and using different marketing and promotional strategies to increase their market share. In the market many substitutes are available for products at cheaper prices. This is specially affecting the strategy of P & G Due to recession‚ the consumer spending has decreased globally. Also‚ the prices for raw materials are increasing so cost to the company is increasing. Government interventions in developing markets WEAKNESSES The large scale operations of the
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manufacturers‚ success or failure is determined by how effectively and efficiently their products are sold through their marketing channel members (e.g.‚ agents‚ wholesalers‚ distributors‚ and retailers). Given this situation‚ considerable marketing channel research has focused on organizational responsibility for managing channel how interrelationships among a firm and its channel members can be managed better (Achrol and Stern 1988; Anderson et al 1997). Globalization of markets is a phenomenon that has
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A. G. Lafley: Innovating P&G’s Innovations Table of Contents Synopsis 4 Which Industry does P&G compete? 4 What are the Tangible and Intangible Resources? 4 Tangible Resources 4 Intangible Resources 4 Major Issues 5 P&G’s Strategic Health in 2005 5 Mission 5 External Environment Analysis 5 Porter’s Five Forces 5 Internal Characteristics 6 SWOT Analysis 8 Key Success Factors 9 Critical Development Factors 10 What factors are critical for
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c. Organizational structure of TNC in Vietnam d. Modes of market entry As soon as the U.S. normalized relations with Vietnam‚ P & G has entered the Vietnamese market. P & G is one of the first U.S. companies to invest in Vietnam after the opening policy of the country. On November 23th‚ 1994‚ P & G established Procter & Gamble Vietnam Co. Ltd being a joint venture operating under license No. 1052/GP by the State Committee for Cooperation and Investment (the previous name
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SWOT ANALYSIS P&G is the world ’s largest consumer goods company that markets more than 300 brands in over 180 countries. Many of its products are non-discretionary; however‚ some are considered premium purchases and their sales suffered during the recession as cheaper‚ generic purchases rose. P&G has some of the strongest brands in the world that usually provide it a significant competitve advantage. It cut prices up to 10% on a wide swath of products to blunt any potential loss of market share
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Report on the Market Research about P&G Name:CXY studentID:080810202 Objective of the research P&G attach great importance to Consumer Understanding. We can testify it through the quotation in its website: No company in the world has invested more in consumer and market research than P&G. We interact with more than five million consumers each year in nearly 60 countries around the world. We conduct over 15‚000 research studies every year. We invest more than $350 million a year in consumer understanding
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pioneer in the industry‚ have indubitably established trusted and well-known brands in the market. P&G is recognized all over the world having their products marketed‚ sold and enjoyed in over 180 countries. The company’s main goal is to provide its customers with goods that will improve and ease out their living. This purpose has been the driving force of the company’s astounding success. But despite P&G’s numerous achievements in the course of over a hundred years of service‚ occasional setbacks
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