INTRODUCTION JOHN CADBURY (1839-1922) is the founder of the CADBURY trust. In India Cadbury began its operations in 1948 by importing chocolates. The corporate office is in Mumbai. Cadbury India is a fully owned subsidy of Kraft Foods Inc. The combination of Kraft Foods and Cadbury creates a global powerhouse in snacks‚ confectionery and quick meals. With annual revenues of approximately $50 billion‚ the combined company is the world’s second largest food company‚ making delicious
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- VRIO Analysis 1. Tangible Resources a) Financial Resources: * Firm’s cash and cash equivalents- The total cash and cash equivalents of the firm stood at around Rs. 271.5 Crores in the year ended March 2009 (before merger with Kraft). Liquidity is important for a business to factor in for unforeseeable events. The ideal cash reserve requirement can be calculated by taking into account and listing possible unfavorable events and assigning probabilities to them. Current Ratio-1
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around the world are pressed for time and are looking for on-the-go options. They’re also looking for simple indulgences and healthier options. And there’s nothing better than a delicious snack‚ like LU biscuits‚ Planters nuts‚ Trident gums‚ and Cadbury or Milk chocolates to satisfy those desires. 2. Unleash the power of our iconic heritage brands. Our iconic heritage brands are loved by consumers worldwide. Roughly 80 percent of these heritage brands hold number one or number two positions in
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Case Study: Cadbury Takeover Introduction: In the beginning of 2010 the US food giant took-over one of the most famous British confectionary companies‚ Cadbury‚ affectively making Kraft the largest food confectionary company in the world (Smith‚ 2010). According to Rigby and Masters (2010) the takeover “was one of the biggest – and most hotly contested – acquisitions in the UK”. The process was exhaustively followed by media‚ which criticized inability of British Government to limit takeovers
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• The Beginning and Growth of Kraft Foods - The year was 1903‚ the horse and wagon was hired‚ the lad of cheese which had been purchased‚ and the entire enterprise was started on $65 capital. - The driver was James L. Kraft‚ and J.L and his horse Paddy are the historic “co-founders” of Kraft Foods‚ now a division of National Dairy Products Corporation. - In the beginning‚ J.L drove to the market early each morning and selected the best cheeses available‚ which he then peddled to the
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Interesting Facts about Cadbury • Cadbury was the first company to include pictures instead of printed text on chocolate boxes. • George Cadbury didn’t want to take mothers away from their children‚ so he developed a company rule that women had to leave work when they got married. Each married woman was given a bible and a carnation as wedding gifts. • In 1886 Cadbury became one of the first firms to have dining rooms with kitchens and food for sale. • A miniature metal animal (elephant‚ penguin
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Cadbury plc‚ formerly known as Cadbury-Schweppes plc‚ before it demerged from its Americas Beverages manufacturing business in 2008 (Peston‚ 2008)‚ is the world’s leading confectionery manufacturer and distributor. Cadbury plc “operates in over 60 countries‚ works with over 35‚000 direct and indirect suppliers and employs around 50‚000 people” (Cadbury India Ltd.‚ 2008). (i) Cadbury’s Vision Statement According to CEO Todd Stitzer‚ Cadbury’s vision statement is outlined in its Vision In Action (VIA)
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Cadbury India- Study in strategy Abstract Cadbury is India’s biggest player in the field of chocolates‚ cocoa products and confectionary items. The company has a loyal consumer base and market defining products in many categories. Some of its brands such as “dairy milk” are referred to as the ‘gold standard’ in its field and it dominates the market share with products like Bournvita amongst its sizable brand arsenal. Introduction Cadbury was originally incorporated as a wholly owned subsidiary
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15 Bibliography 16 Executive Summary History Kraft Foods began in the year 1903‚ when James Lewis Kraft purchased wholesale cheese and began to sell it to stores in Chicago‚ Illinois. Later on James Lewis Kraft along with his four brothers‚ Charles‚ Fred‚ Norman‚ and John‚ start the company J.L. Kraft & Bros. Company. The company then decided to produce and vend the company’s own cheese goods. The company then altered its name to Kraft Foods and began selling diversified products. Industry
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Overview of the Company Cadbury India is a food product company with interests in Chocolate Confectionery‚ Milk Food Drinks‚ Snacks‚ and Candy. Cadbury is the market leader in Chocolate Confectionery business with a market share of over 70%. Some of the key brands of Cadbury are CadburyDairy Milk‚ 5 Star‚ Perk‚ Eclairs‚ Celebrations‚ Temptations‚ and Gems. In Milk Food drinkssegment‚ Cadbury’s main product - Bournvita is the leading Malted Food Drink in thecountry.Its heritage can be traced back
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