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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The Nestle Road map to Good Food‚ Good Life Four competitive advantages In recent years the Nestlé 4x4x4 Roadmap has helped us build both a strong alignment within our Company and a deep understanding of what we want to achieve‚ strategically and financially‚ and how to go about it. Our people are better able than ever today to pursue our ambition to be the recognised and trusted leader in Nutrition‚ Health and Wellness. That trust is reflected in the hundreds of millions of purchase
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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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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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The Nestlé Roadmap to Good Food‚ Good Life Operational pillars Growth drivers Nutrition‚ Health and Wellness Emerging markets and Popularly Positioned Products Innovation and renovation Consumer engagement Cr ea Out-of-home consumption Su st ai Complia nce – lue d Va are Sh Operational efficiency y lit bi a n g tin Whenever‚ wherever‚ however Our objective is to be the leader in Nutrition Health and Wellness‚ and the industry reference for financial performance‚ trusted by all stakeholders
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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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Set out the main ethical criticisms of Nestlé marketing of infant formula. Which consumer rights are these practices failing to respect? The main ethical criticism of Nestlé‚ in my opinion are four: Commercializing its product‚ Nestlé was not abiding the rules imposed by the WHO code; Nestlé‚ during its marketing operations‚ is not assumed the moral responsibility for infant mortality caused by low intake of enzymes derived from breast milk; Nestlé promoted aggressively its products‚ ignoring
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environment in which it operates. Nestlé believes that for a company to be successful in the long term and create value for its shareholders‚ it must also create value for society. At Nestlé this begins with the creation of superior long term value for shareholders by offering products and services that help people improve their nutrition‚ health and wellness. This is what they call Creating Shared Value. Creating shared value begins with the understanding that for Nestlé to succeed over the long term
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in the organization Nestle is a company centred in the consumer‚ who adapts his products to the tastes and desires of the consumer‚ in more than 100 countries in which he is present It makes exhaustive tests of market of products to make sure that the consumers will prefer them on those of the competition It tries to promote a diet and a healthy style of life With a special sensitivity to help the children to develop healthy habits of feeding. The local direction of Nestle studies the suitability
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