Schloarly Activity I
Scholarly Activity 1 - Unit II
Jonathan C. Isaacs
Columbia Southern University
International Business
MBA 6601
Dr. Ike Udechukwu
September 24, 2012
Scholarly Activity 1 - Unit II PepsiCo is global leader in convenient snacks, foods, and beverages, with revenues over $60 billion dollars and 285,000 employees across its organization. PepsiCo operates and conducts business around the globe, from Europe, Asia, Africa, and the Middle East but is headquartered in Purchase, New York. PepsiCo, for 2011 on the Fortune 500’s global 500 ranked 137 having made significant gains from one year prior where they ranked 171. PepsiCo owns some of the most recognized and popular brands on the planet including Pepsi-Cola, Mountain Dew, Lay’s, Tropicana, Gatorade and Quaker products. These brands are made available worldwide through a variety of go-to-market systems such as direct store delivery, broker warehousing, and food service vending companies ("PepsiCo," n.d.). PepsiCo operates under four main sectors of business, which are PepsiCo Americas Beverages, PepsiCo Americas Foods, PepsiCo Europe, and PepsiCo Asia, Middle East & Africa. Under the PepsiCo Americas Foods sector, Frito-Lay North America, Quaker Foods North America, and Latin America Foods report under. Since PepsiCo is headquartered in the United States, Capitalism is the economic system under which they conduct business. This system is a free market system comprised of private ownership of capital and control (Daniels, Radebaugh, & Sullivan, 2012, p. 157). From a legal system perspective, PepsiCo operates under a common law environment which is a legal system of jurisprudence based on judicial precedents (Daniels, et al., 2012, p. 110). The effect on the company’s operations from operating under common law is that this law is based on tradition and judge-made precedent and usage. Judicial officials refer to statutory codes and legislation, but only after considering the rules of
Jonathan C. Isaacs
Columbia Southern University
International Business
MBA 6601
Dr. Ike Udechukwu
September 24, 2012
Scholarly Activity 1 - Unit II PepsiCo is global leader in convenient snacks, foods, and beverages, with revenues over $60 billion dollars and 285,000 employees across its organization. PepsiCo operates and conducts business around the globe, from Europe, Asia, Africa, and the Middle East but is headquartered in Purchase, New York. PepsiCo, for 2011 on the Fortune 500’s global 500 ranked 137 having made significant gains from one year prior where they ranked 171. PepsiCo owns some of the most recognized and popular brands on the planet including Pepsi-Cola, Mountain Dew, Lay’s, Tropicana, Gatorade and Quaker products. These brands are made available worldwide through a variety of go-to-market systems such as direct store delivery, broker warehousing, and food service vending companies ("PepsiCo," n.d.). PepsiCo operates under four main sectors of business, which are PepsiCo Americas Beverages, PepsiCo Americas Foods, PepsiCo Europe, and PepsiCo Asia, Middle East & Africa. Under the PepsiCo Americas Foods sector, Frito-Lay North America, Quaker Foods North America, and Latin America Foods report under. Since PepsiCo is headquartered in the United States, Capitalism is the economic system under which they conduct business. This system is a free market system comprised of private ownership of capital and control (Daniels, Radebaugh, & Sullivan, 2012, p. 157). From a legal system perspective, PepsiCo operates under a common law environment which is a legal system of jurisprudence based on judicial precedents (Daniels, et al., 2012, p. 110). The effect on the company’s operations from operating under common law is that this law is based on tradition and judge-made precedent and usage. Judicial officials refer to statutory codes and legislation, but only after considering the rules of
References: Clements.com. (n.d.). Retrieved September 24, 2012, from Clements.com website: http://www.clements.com/default.asp Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2012). International Business. Upper Saddle River, NJ: Prentice Hall. Doing business in Europe. (n.d.). Retrieved September 24, 2012, from Chelgagte.com website: http://www.chelgate.com/news-articles/public-relations-articles/chelgate-articles/europe/ Global 500. (n.d.). Retrieved September 24, 2012, from CNN Money website: http://money.cnn.com/magazines/fortune/global500/2011/snapshots/321.html Key political risks to watch in 2011. (n.d.). Retrieved September 24, 2012, from Reuters.com website: http://in.mobile.reuters.com/article/businessNews/ PepsiCo. (n.d.). Retrieved September 24, 2012, from PepsiCo website: http://www.pepsico.com/Investors/Corporate-Profile.html