Bananas‚ Chiquita and Globalization While globalization is a relatively new phenomenon in theory‚ but not necessarily in history‚ as of 2009 it has created transnational corporations linked to government‚ international economic institutions‚ and non-government organizations. (Steger 67). With this definition bananas are a textbook example of the globalization of tropical fruit commodities. The transnational corporations of the United States‚ most notably Chiquita‚ Dole and Del Monte‚ have been
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Market Organization for Bananas (“CMOB”) affect Chiquita? Six firms dominated the banana industry in the early 1990’s‚ three from Europe and three from the United States. In 1994‚ the three United States producers‚ Chiquita‚ Dole‚ and Del Monte‚ accounted for approximately 72.4% of world banana sales. Chiquita accounted for 48% of worldwide banana sales and 66.4% of banana sales of the three U.S. producers. Prior to 1994‚ Europe accounted for nearly 40% of world banana imports by volume‚ of which
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Peeling Away The Problem Chiquita dramatically lost profits in the early 1990’s and while the EU’s new policies played a role in contributing to those losses they were not ultimately the cause. After eight years of solid performance Chiquita faltered in 1992‚ reporting a $284 million net loss. This loss was due to many factors‚ including but not limited to‚ the EU’s new policies. In the new regime the European Union enacted quotas on bananas that favored the former island colonies of European
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Summer 2013 Case Report: Blood Bananas: Chiquita in Colombia BUSA 4980 Chiquita Brands international was founded in 1899 after the merger of United Fruit Company and the Boston Fruit Company. As bananas be came more of a staple in every home so do Chiquita Bananas. Bananas are know to mainly grown in tropical places like Central America‚ Africa and Southeast Asia. Chiquita decided to have operations out of Colombia. During this time there was turmoil in Colombia and different terror groups
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1. The Banana Chain: The macro economics of the Banana Trade Adelien van de Kasteele on behalf of IUF Amsterdam‚ February 1998 1. BANANAS: THE PRODUCTION CHAIN In 1996 world production of the most important fruits was around 400 million tons. Bananas compete with grapes for second place behind citrus‚ both accounting for 13-14% of total world fresh fruit production. Banana production has been increasing by around 3% per year over the last decade. Bananas are grown in all tropical regions
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It is apparent that Chiquita has made efforts to be socially responsible. Visible through their homepage which highlights social responsibility‚ sustainability‚ innovation‚ and community involvement as it key public strategies. However‚ cooperating with eco-warriors‚ social activists and unions has come to little avail for the international Banana supplier. While trying to improve their social reputation‚ Chiquita’s competition has been outselling their product to retailers; retailers are not recognizing
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Executive Summary This report details several international management problems that Chiquita has been faced with over the past two decades. Many of these problems are to do with the company’s previously poor image when it came to Corporate and Social responsibility. Over the years Chiquita faced many accusations about the conditions workers were faced with at many of their facilities in Latin America and have also had their environmental policies questioned many times in the press. The company
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1 a) Buyers have high power in the banana industry because they choose the company that has the best customer service and the lowest prices to stock in their stores. This means that the supermarkets can directly impact who has the most market shares in the industry. b) Suppliers have low power in the banana industry because they are at the mercy of the buyers‚ FDA‚ government import laws‚ and mother nature. All these factors creates little control for the supplies‚ and anyone thing can destroy
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analyze the Chiquita Banana terrorism case and apply legal‚ ethical‚ and international perspectives‚ as well as analyze the managerial and public policy implications of Chiquita’s actions. Contents •Background - Chiquita Banana Terrorism Case •Legal Perspectives •Ethical Perspectives •International Perspectives •Managerial and Public Policy Implications •Conclusion •References Background - Chiquita Banana Terrorism Case Chiquita Brands International‚ the well-known banana supplier to
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Blood Bananas: Chiquita In Columbia Overview: This complex case touches on fundamental questions of ethics and morality while displaying the inherent risks and rewards associated with operating a business abroad in geographies with histories of violence and civil unrest. The case exposes the challenges faced by Chiquita when trying to maintain production and profitability while also protecting its employees in a hostile situation. In this case‚ the lines of the ethics and morality are not as straightforward
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