THE HERSHEY COMPANY ANALYSIS Pursuant to Securities Exchange Act of 1934 Form 10-K & Schedule 14A Proxy Statement BUS 500A Accounting Fundamentals Professor Dennis Kyte February 19‚ 2012 Olabisi Carr I. Background Information Name of the Company: The Hershey Company. See SEC Form 10K‚ front page 0. Hereinafter. “Hershey.” or the “Company.” See Proxy Statement‚ page 2. Fiscal year covered by the annual report: Fiscal year 2009. See SEC Form 10K‚ front page 0. Stock Exchange
Premium Balance sheet
I. INTRODUCTION Think of Hershey Food Corporation and chocolate comes immediately to mind. Hershey is the leading manufacturer of chocolate in North America but that is not all what Hershey is all about. Considering the humble beginnings of its founder‚ Milton Hershey‚ Hershey Food Corporation’s success is as sweet as the chocolates it produces and as lovely as the candies it offers its customers. But before gaining its sweet success‚ it had undergone business dilemma
Premium Chocolate The Hershey Company Scharffen Berger Chocolate Maker
(1) Ever since the cartoon commercial advertisement for the Tootsie Pop aired in 1970‚ fans have been trying to answer the famous question posed in the Advertisement: “How many licks does it take to get to the Tootsie Roll center of a Tootsie Pop?” This commercial is one that can be enjoyed by a wide variety of audiences‚ however‚ it seems to be particularly memorable for children. It is animated‚ extremely colorful‚ and seems to follow a short plot similar to that of a children’s story. So how‚
Premium Television Advertising Marketing
TURNOVER IN ORGANIZATIONS TURNOVER IN ORGANIZATIONS 1 TURNOVER 4 INTRODUCTION 4 Significance 5 Literature Review 6 Non-Monetary Incentives Vs. Cash Incentives 7 Internal vs. external turnover 8 Skilled vs. unskilled employees 9 Voluntary vs. involuntary turnover 9 Causes of high or low turnover 9 WHY ptcl? 10 RESEARCH METHODOLOGY: 10 HYPOTHESIS: 10 The reasons for higher rate of turnover 10 CONCLUSION: 15 Suggested Proposals 16 Recruitment and induction 16 Contracts‚ pay and working environment
Premium Employment Management Organizational studies and human resource management
Milton Hershey was a man with an admirable amount of determination and a genuine spirit for those he employed. *Hershey has become a household name from the beginning. He has even built an entire town around his business. At the age of 14‚ only a year after dropping out of school‚ Milton expressed an interest in candy making and began an apprenticing with a master confectioner in Lancaster‚ PA. Four years later‚ Hershey borrowed $150 from his aunt to set up his own candy shop in Philadelphia. For
Premium The Hershey Company Milton S. Hershey Chocolate
To inform my audience about the life of Milton S. Hershey. Most people think Milton Hershey was just the maker of Hershey chocolate‚ but he has done much more. I. Milton Hershey opened his first candy business when he was only 18. A. He left school at the age of 14. 1. He became an apprentice to a candy maker and decided to set out on his own as a candy maker. B. He opened candy businesses in Philadelphia‚ New York‚ Denver‚ Chicago‚ and New Orleans. 1. He went bankrupt in both Philadelphia
Premium The Hershey Company Milton S. Hershey Hershey Entertainment and Resorts Company
Milton Hershey was born September 13‚ 1857‚ in Lancaster‚ Pennsylvania. As a child‚ his family moved a lot as his father started several businesses across the United States. In eight years‚ he attended seven different schools. In 1871‚ Hershey was apprenticed to a local printer who published a German-English newspaper. The printing business was not a good match for Hershey’s given his likes‚ skills‚ and passions. Hershey’s mother helped him find another apprenticeship. It was with a local confectioner
Premium Chocolate The Hershey Company Milton S. Hershey
candy-manufacturer Milton Hershey’s decision in 1894 to produce sweet chocolate as a coating for his caramels. Located in Lancaster‚ Pennsylvania‚ the new enterprise was named the Hershey Chocolate Company. In 1900‚ the company began producing milk chocolate in bars‚ wafers and other shapes. With mass production‚ Hershey was able to lower the per-unit cost and make milk chocolate‚ once a luxury item for the wealthy‚ affordable to all. A company on the move. The immediate success of Hershey’s low-cost
Premium Chocolate The Hershey Company
The Hershey Company is the leading confectionary producer in North America. It was founded in 1894 by Milton Hershey. Its key products are Hershey’s‚ Hershey’s Kisses‚ Reese’s‚ Jolly Rancher and Ice Breakers. The mission of Hershey’s is encapsulated in the following words: “Bringing sweet moments of Hershey happiness to the world everyday.” Sweet moments refer basically to the confectionary products that Hershey produces‚ though in a broader sense‚ it refers to the experience of eating their
Premium The Hershey Company Chocolate Milton S. Hershey
social responsibility deeply rooted in it’s strategy is The Hershey Company. The Hershey Company is enormously significant as it has operations in over 90 countries. Hershey’s mission statement is “Continuing Milton Hershey’s legacy of commitment to consumers‚ community and children‚ we provide high-quality HERSHEY’S products while conducting our business in a socially responsible and environmentally sustainable manner.” The Hershey Company is the largest North American manufacturer of chocolate
Premium Chocolate The Hershey Company Milton S. Hershey