Friday, February 28, 2020

Tesco CSR Essay Example | Topics and Well Written Essays - 500 words

Tesco CSR - Essay Example F during charity â€Å"Change for Good.† The phrase was used for children charity and hence it was private but Tesco used it anyway for its own commercial purposes. This led to a lot of controversy and it ultimately damaged the income stream for the children which did not sit well with a section of the public and damaged a bit the reputation of the company. The issue is meat supply from its suppliers. After research unveiled that some of the beef burgers from Tesco contained 29% horsemeat and others pig meat, the reputation of the company dropped instantly. This was not the fault of Tesco but rather of its suppliers who supplied the meat to the numerous Tesco stores countrywide. Sales of frozen burgers and frozen ready- made food has dropped significantly. The confidence of the customers on the meat and food being sold in the stores has dwindled and the effects being experienced in the sales (Wall, 2013). Tesco has to restore the confidence of its customers once again. This should be preceded by having to seek new suppliers of the meat as well as having to monitor these suppliers to ensure that the meat being provided and the products in general are up to human consumption standards (Butler, 2013). The legal team also has to work extra hard to prevent law suits from customers on the products. Briefly analyse what happened applying theories on organisational ethics theory, corporate governance CSR concepts, stakeholder applications & reputation management concepts/metrics. Not all of them are required, but the more you apply and reference inside the PR crisis/issue the better it is. Demonstrate application of relevant theories. This is an ethical matter and all stakeholders in conjunction with the management must come up with the best strategies to handle the matter and prevent a repeat in future (Philips, 2003, pg. 87). The reputation of the company must be taken care of if CSR is to work in favour of the company and people are to accept it. To ensure quality

Wednesday, February 12, 2020

Who Is Pepsis Biggest Competitor Term Paper Example | Topics and Well Written Essays - 750 words

Who Is Pepsis Biggest Competitor - Term Paper Example Their products, which include foods, beverages, and snacks, compete with other products from other manufacturers on the grounds of quality, price and their variety of products and their distribution efficiencies. Their success in marketing their products has largely arisen from their success in promoting their existing products, the effectiveness of their advertisement campaigns, their marketing programs, packaging of their products and their pricing strategies (PepsiCo, p.28). Their success has also been facilitated by their increased efficiencies in their production techniques, their trademark and brand development and their protection within the neighborhood, regional and worldwide markets. The company believes that in order for them to be able to compete effectively, their brands and marketing strategies should be strong. They also believe that their innovations and the quality of their products and their flexible distribution channels will allow their company to remain competiti ve in all the markets they deal with (PepsiCo, p.29). The Company uses the straight-line methodology of calculating their depreciation and amortization. According to the company’s 2008 financial reports, the depreciation and amortization of the tangible assets that they own is carried out on a five-year basis. In addition, the company’s 2011 annual financial reports indicate that their country’s tax laws require them to include their depreciation expenses at periodic intervals of five years (PepsiCo, p.36). The Pepsi Company had authorized 3,600 shares of common stock in the year 2011 according to their annual reports.Â