Income Statement Nestlé S.A. | Consolidated income statement | for the year ended 31 December 2008-2010 | In million of CHF | | 2010 | 2009 | 2008 | | | | | | | Sales | | | 109‚722 | 107‚618 | 109‚908 | Cost of goods sold | | 45‚849 | 45‚208 | 47‚339 | Gross profit | | 63‚873 | 62‚410 | 62‚569 | Selling‚ general‚ and admin.expense | 45‚798 | 45‚140 | 44‚916 | Research and development costs | 1‚881 | 2‚021 | 1‚977 | EBIT Earnings Before Interest‚ Taxes‚
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Introduction Nestle is one of the biggest food companies in the world with sales of $47 billion annually. Nestle has undergone through a huge number of transformation throughout the years. (Palmer‚ Dunford & Akin‚ 2009). Nestle manufacture product such as different cosmetics and chocolates that has been long known as a worldwide leader in its business. To increase its growth in operations‚ Nestle had picked up other markets for diversification other than the food industry which Nestlé’s first
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Doing Better by the Environment Sustainable development INTRODUCTION The latter part of the twentieth century saw an increasing concern for the environment. The concept of “sustainable development” (as defined by the World Commission on Environment and Development in 1987) is: “development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs.” There are many views about the nature of sustainability. In its simplest form it
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that meet the needs of the company’s consumers. In other word‚ Market orientation means a business approach or philosophy that focuses on identifying and meeting the stated or hidden needs or wants of customers. [BusinessDictionary.com]. In simple‚ it means that company reacts on what consumers need. The decision that made by manager is based on the information from market and favorite of consumers. Nestlé is one of the company using market orientation approaches which successful to build customer
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understanding of consumers. This enables us to anticipate their needs and improve the quality of their lives. Our people‚ culture‚ values and attitude are our greatest strength. The Nestlé culture binds our people together all over the world with a shared set of behaviours and values into a single way of doing business. Our culture combines a long-term mindset with short-term action. It encompasses a passion for quality – in products‚ in relationships‚ in everything we do. It is focused on competitiveness
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Introduction of Ansoff Matrix This well known marketing tool was first published in the Harvard Business Review (1957) in an article called ’Strategies for Diversification’. It is used by marketers who have objectives for growth. Ansoff’s matrix offers strategic choices to achieve the objectives. There are four main categories for selection. The market penetration strategy is the least risky since it leverages many of the firm’s existing resources and capabilities. In a growing market‚ simply maintaining
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Topic: How Nestlé Kit Kat tackled Greenpeace’s viral campaign Background of the situation Nestlé‚ one of the worldwide biggest food manufacturers‚ had encountered social media attack by a prominence environment group‚ Greenpeace. According to Hickman on 19 May 2010 from The Independent‚ Nestlé’s Kit Kat consisted of palm oil which produced by unsustainable forest clearing‚ it threaten the life of Orangutans in Malaysia and Indonesia. Greenpeace quickly appealed Nestlé to end their business relationship
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No | Topic | Page | | The Research Topic: The effectiveness of Nestle brand compares it with the Dutch lady brand at Kajang Selangor. | 2 | 1 | Objective Research | 2 | 2 | Hypothesis Discussion * Taste * Health Value * Preference of price | 2- 3 | 3 | Literature Review | 3 - 4 | 4 | Methodology: 4(i) Questionnaire | 5 | | 4 (ii) Justify Decision | 5 | | 4 (iii) Sampling | 6 | 5 | The Measurement Instrument | 7 - 8 | 6 | Project Plan 6 (i)
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Organizational perspective Nestle have been aiming for a more decentralized‚ transnational strategy by trying to branch out and reach a variety of customers from many different countries. Just 2 years after being open in Switzerland‚ they had already established foreign offices in London‚ which proves that even in the early stages it was already clear which path Nestle would be undertaking. Partner‚ Merge and acquire Heizer et al (2011) justifies Transnational strategy to be one such strategy
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when it began trading as The Nestlé Anglo-Swiss Condensed Milk Company (Export) Limited‚ importing and selling finished products in the Indian market. • After India’s independence in 1947‚ the economic policies of the Indian Government emphazised the need for local production. Nestlé responded to India’s aspirations by forming a company in India and set up its first factory in 1961 at Moga‚ Punjab‚ and transformed into a prosperous and vibrant milk district. • Nestlé has been a partner in India’s
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