Preview

Ethics and Compliance in Pepsico

Better Essays
Open Document
Open Document
1637 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ethics and Compliance in Pepsico
Running head: PEPSI-COLA

Ethics and Compliance within Pepsi-Cola
TEAM B
UNIVERSITY OF PHOENIX
CHRISTOPHER WALLACE
November 24, 2012

Ethics and Compliance within Pepsi – Cola
Pepsi-Cola or PepsiCo is a global company that has $510 million in sales and 19,000 employees in many countries worldwide including Europe, Asia, Middle East and Africa. PepsiCo was founded in 1965 after Pepsi merged with Frito-Lay. PepsiCo has the philosophy of being committed to delivering sustained growth through empowering people, acting responsibly, and building trust within the community it serves (PepsiCo, 2012). The mission of PepsiCo is to be the premier world’s consumer product company focusing on convenient foods and beverage (PepsiCo-Mission, 2012). The focus of this paper is to discuss the ethical behavior of PepsiCo; to explain how financial markets work within the United States; to identify the processes PepsiCo uses to comply with SEC regulations and discuss the financial performance of PepsiCo.
Roles of Ethics and Compliance in Pepsi’s Financial

In order, to identify the roles of ethics and compliance we must understand the meaning of ethics and compliance. When determining what is right or wrong, who is responsible or not responsible, who was fair or unfair we concerned ethics. Ethics is the response to the question, “What should I do?” Compliance is the fact of meeting rules or standards. Compliance are internal policies and procedures set forth ensuring that each individual abide by the regulations. In today’s society we have several businesses that have adhered to their ethics and compliance. One amazing company that stands out among the rest is PepsiCo. Pepsi was originally created in the year of 1893 by Caleb Bradham. Pepsi has a commitment to strengthen their consumers and at the same time build a bridge of trust for their customers.
Pepsi believes that each employee should show respect, act with integrity and perform work responsibly for their

You May Also Find These Documents Helpful

  • Powerful Essays

    mkt421

    • 1730 Words
    • 7 Pages

    Pepsi was founded in 1898 by a druggist from North Carolina named Caleb Bradham. Through a series of acquisitions and other business dealings, Pepsi became PepsiCo. PepsiCo currently produces a variety of beverages, many in partnership with other companies. PepsiCo sell soft drinks, juice drinks, sport drinks, bottled and enhanced waters. Recently, the company has acquired Tropicana Juices. This move, combined with a merger with Quaker Oats, increased the number of beverages in the PepsiCo portfolio. The most notable brands from Pepsi American Beverages (PAB) include: Pepsi, Diet Pepsi, Gatorade, Tropicana Pure Premium Juices, Dole Juices, and Propel Fitness Water. A partnership with Starbucks produces ready-to-drink Frappuccino drinks (The PepsiCo Family, 2011).…

    • 1730 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Course Homework Week 5

    • 704 Words
    • 3 Pages

    Regulatory compliance is an organization 's adherence to laws, regulations, guidelines and specifications relevant to its business. Violations of regulatory compliance regulations often result in legal punishment, including federal fines. For that reason, the intent of regulatory compliance within a business element is to ensure the laws, regulations, guidelines and management policies put into place to enforce same and keep the business/company in compliance.…

    • 704 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Pepsi-Cola began as a drink developed by a pharmacist named Caleb Bradham in his drugstore in 1893. The soft drink was made to be a tonic to aid in digestion and as a refreshing drink that gives an energy boost. This concoction made of pepsin and kola nuts was originally called “Brad’s Drink” named after its inventor, but was later changed to Pepsi-Cola to be more marketable. Originally, this beverage was sold in drug stores and at soda fountains, but was later sold in bottled form to facilitate mass distribution. The Great Depression was a major setback for many American companies and there was no exception for Pepsi. However, the company strived to remain strong and offered its product for five cents in the mid thirties while touting that their product offered twice as much for half the price of Coke’s product. During this time their ad campaigns and marketing tactics worked and their company continued to remain profitable despite a harsh economic climate. Pepsi marketed its products to virtually everyone, young and old, but they often utilized creative marketing tactics to entice new customers to try their products. In the mid 1940’s Pepsi began a marketing campaign to gain more popularity with African American customers whom the company decided where not getting adequate attention with regards to marketing and advertising. PepsiCo today now has interests in many different brands and product lines. Some of their most notable brands familiar to consumers today are Pepsi-Cola, Frito-Lays, SoBe, Tostitos, Sabra, Near East, Pasta Roni, Sun Chips, Cheetos, Quaker, Doritos, Sierra Mist, and Dole to name a few. There is an even more diverse product portfolio that includes products marketed to international consumers to suit their individual tastes. The major suppliers for Pepsi-Cola Company include packaging…

    • 2254 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    the role of external stakeholders in member identification. Business Ethics: A European Review, 15(2), pp. 171-182.…

    • 1293 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Ethics Compliance Plan

    • 743 Words
    • 3 Pages

    Ethics compliance is very important thing in the medical field and any medical organization. It is very important to have ethical standards for medical professional to follow in the office. The ethics and compliance plan shows the medical professional commitment to having an ethical work environment. The importance of the ethics compliance plan is to set forth standards of proper legal, ethical and professional behavior and explain how medical staff, clients, volunteers, families and vendors can communicate any legal concerns that they have. Medical professionals have to be familiar with responsibility not only to themselves but to patients, society and other health care professionals.…

    • 743 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    1). What role does corporation reputation play within organizational performance and social responsibility? Develop a list of factors or characteristics that different stakeholders may use in assessing corporate reputation. Are these factors consistent across stakeholders? Why or why not?…

    • 1080 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Pepsico Analysis

    • 7522 Words
    • 31 Pages

    In1898, Caleb Bradham created the Pepsi Company (PepsiCo). The Pepsi-Cola Company merged with other companies (Frito-Lay, Tropicana and Quaker Foods to list a few) between 1965 and 2001 and is now referred to as PepsiCo, Inc. PepsiCo, Inc. has many headquarters worldwide for the several different companies. The main world PepsiCo headquarters residing in New York. These mergers made PepsiCo, Inc. a refreshment and snack company ranking 5th in the world (Pepsi). PepsiCo, Inc. is listed on four stock exchange markets. In 2006, they reported over $35 billion in revenues and listed having 168,000 employees (PepsiCo2).…

    • 7522 Words
    • 31 Pages
    Powerful Essays
  • Better Essays

    Value Alignment Paper

    • 1113 Words
    • 5 Pages

    It is important to us that our personal and workplace values be closely connected to those of the company we work for. The values that PepsiCo strives for are the same values that were ingrained for Chad as a member of the United States Army. It is satisfying to work for a company whose values are aligned with those of an individual. Though our values are aligned, it is most imperative that those values are upheld in PepsiCo’s plans and actions and not just in their words or statements. PepsiCo must ensure to have leaders who hold individuals accountable to the values of the…

    • 1113 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    At PepsiCo, we believe being a responsible corporate citizen is not only the right thing to do, but the right thing to do for our business. Our mission is to be the world’s premier consumer products company focused on convenient foods and beverages. We seek to produce financial rewards to investors as we provide opportunities for growth and enrichment to our employees, our business partners and the communities in which we operate.…

    • 2419 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    PepsiCo Inc. is a world leader in the beverage and snack food industry. Founded in 1965, the company has grown to become a household name. PepsiCo employs more than 285,000 employees worldwide, and has revenues of more than $60 billion (Our History, 2011). PepsiCo prides itself on social and environmental responsibility, and maintains a commitment to ethical business practices.…

    • 1517 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    behaving in accordance with the rules and commands of those in authority. Finally, compliance is defined as acting in accordance with the wishes, suggestions, or direct requests of other people.…

    • 62 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Personal Values

    • 730 Words
    • 3 Pages

    References: Dolphin, B. (2007, May). Coke & Pepsi take corporate ethics to a new and refreshing level. Retrieved from http://assetcontrol.blogspot.com/2007/05/coke-pepsi-take-corporate-ethics-to-new.html…

    • 730 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ethics Reflection Paper

    • 1094 Words
    • 5 Pages

    Before WorldCom and Enron, many organizations unconditionally placed social and ethical responsibility with administrative legal and compliance obligations, regulations and rules. Today, a company’s ethical behavior is vital to the success of the company. Consumers not only expect but demand that a company is visible in their practices and are held accountable for their actions; be it through internal regulations and rules through the involvement of the government. In this paper, there will be discussions of the social responsibility and role of ethics as it relates to the development of a strategic plan and how the ethical perspective of the author’s perspective has evolved through the studies of the Master’s of Business Administration (MBA) program.…

    • 1094 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Evaluation and Ethics

    • 648 Words
    • 3 Pages

    Any organization can adopt a code of ethics that requires them to enhance their employees, leadership, and other stakeholders in order to survive based on fairness, justice, and under the rules and regulations equally and justifiably. It is essential to establish values and standards that apply to everyone in professional environments. Violation of these principles may contemplate as ethical violation leading to challenges and consequences. Velasquez, Andre, Shanks and Meyer (1987) agree that ethics is not the only standard, but also a continued personal and leadership effort of “studying our own moral beliefs and our moral conduct, and striving to ensure that we, and the institutions we help to shape, live up to standards that are reasonable and solidly-based” (para. 9). Landauer and Rowlands (2001) stated ethics is a concept answering the question of “what do I do” (para. 1). Landauer and Rowlands also define ethics as “the branch of study dealing with what is the proper course of action for man”.…

    • 648 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    A company has its responsibilities to its consumers, its suppliers, its employees , its shareholders as well as the local community and society in general .This article I choose KFC and McDonald’s which both are Food and Beverage industry to analyse the business ethics base on ethical theories .…

    • 1604 Words
    • 7 Pages
    Powerful Essays