INTRODUCTION PepsiCo is an international intellectual nourishment and deglutition company with sales of $29.3 jillion and sort out income of $4.0 billion in 2004. Headquartered in Purchase, rude(a) York, Pepsi has 153,000 employees and markets to a greater extent than 500 varieties of food and swallow products development. Pepsi has grown from mankind altogether a squishy drink company in 1960 to being the third-largest food and beverage company in the world, down only(prenominal) Nestle and Kraft Foods. PepsiCos mission statement is to be the worlds superior consumer products company focused on convenience foods and beverages. PepsiCos products argon grouped into four divisions: 1) Frito-Lay newton the States (snacks) 2) PepsiCo Beverages northward America (soft drinks, Gatorade Tropicana Orange Juice) 3) PepsiCo International (all products away North America) 4) Quaker Foods North America (cereals) Sixteen of PepsiCos brands, including Pepsi, Mountain Dew, Gatorade, Lays potato c pelvic archs, and Aquafina bottled water, annually disclose more(prenominal) than $1 billion in sales. HISTORY Caleb Bradham, a pharmacist, initiatory suppose Pepsi-Cola in 1898 in New Bern, North Carolina, as a cure for indigestion. He registered the stylemark in 1903 and actual a system of bottling franchises.
In 1931, Bradham interchange Pepsi-Cola to the Loft glass over Company, which operated it as a subsidiary. In 1933, the company doubled the surface of its bottles to 12 ounces while guardianship the price at 5 cents. In 1941, Loft candy merged with its Pepsi-Cola subsidiary and changed its realise to the Pepsi-Cola company. Pepsi-Colas dedication to gain began in earnest when Donald Kendall became headman executive officer in 1963. He sought to attain growth in dickens ways which includes: * He cherished to appeal to newfangled peck to make them lifelong Pepsi drinkers. He did this by introducing the Pepsi multiplication opus that it has kept ever since, attempt to make Pepsi products the hip beverages for the early days market. * He sought growth through diversification getting Mountain...If you want to get a full essay, enunciate it on our website: Ordercustompaper.com
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