Preview

Globalization Nestle

Powerful Essays
Open Document
Open Document
3801 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Globalization Nestle
International Business

Q1. Using one specific company with which you are familiar, examine the actual and potential impacts of globalisation on that company. Explain the reasoning behind the points you make. Evaluate possible strategies going forward which the company might use to respond to the impacts of globalisation you have identified.

Table of contents

1. Introduction
2. Definition of globalisation
3. Nestlé’s Background
4. Impact & possible strategies 4.1 Porter`s generic strategies 4.2 Nestlé’s activities as a response to globalisation strategy 4.2.1 Table of Top 5 MNEs, ranked by number of host economies in their affiliates.
5. SWOT
6. PESTEL
7. Conclusion References

World count: 2983

1. Introduction
Globalisation is a phenomenon which has greatly contributed to the development of current global existence in respects to financial, social, political and technological factors. It has come to define the very fabric of our modern lives. Multinational companies serve as a conveyor of this global phenomenon and one such company is Nestle, which is the subject of this report. Initially, the globalisation phenomenon and its dominant factors will be described. Subsequently, the Nestle multinational corporation will be introduced. The report will then delve into the means by which globalisation has developed in recent history and how this influenced Nestle. It will also discuss how Nestle has responded to these influences and how it has come to be the global entrepreneurial giant that it is today. Ultimately, the corporation’s current and future prospects will be analysed via SWOT and PESTLE analyses

2. Definition of globalisation
Globalisation – “….the process of transformation of local phenomena into global ones. It can be described as a process by which the people of the world are unified into a single society and function together. This process is a combination of economic, technological, social and political



References: Atkinson D, Denny C, (2000). Coffee countries find grounds for protest. The Guardian; 2/06/2000. Found at accessed on (01.12.2010) Feenstra RC, Hanson GH (1996) Food and Drink Europe, Diversifying food tastes prompt Nestlé to invest in research 2004; found at Accessed on (01.12.2010) Food Standard Agency, Cocoa and Chocolate Products Regulations Tuesday 25 March 2003 , found at accessed on(01.12.2010) Food Standard Agency, Food Safety Act 1990: a Guide for Food Businesses, Tuesday 28 April 2009 found at accessed on(01.12.2010) Food Standard Agency, Food Labelling Regulations Guidance Notes, Thursday 27 February 2003 found at accessed on (01.12.2010). Ghauri P, Powell S (2008). Globalisation. Kindersley: Penguin Books Ltd pp 3-72. Griffiths A, Wall S (2008). Economic for business and Management 2nd Edition Harlow: FT Prentice Hall pp: 539-646. Held D, McGrew A, Goldblatt D, Perraton J (2000). Global Transformations: Politics, Economics and Culture. Oxford: Blackwell Publisher Ltd pp: 49-85, 152-185, 190-225, 236-238, 242-269, 284-286, 331-350, 377-381, 414-444. International Coffee Organisation, International coffee agreement 2007 found at accessed on (01.12.2010). Krugman P, Venables AJ (1995). Globalization and the inequality of nations. The Quarterly Journal of Economics; 110(4): 857-80. Nickell S, Nicolitsas D, Dryden N (1997). What makes firms perform well? European Economic Review; 41: 783-796. U.Kothari, M.Minogue., 2002 Development theory and practice critical perspective. Hampshire: Palgrave pp: 16-35; 52-71; 136-179. Wade RH (2004). Is globalization reducing poverty and inequality? World Development; 32(4): 567-589. Wall S, Minocha S, Rees B (2010). International Business 3rd Edition Harlow: FT Prentice Hall pp: 13-28; 103-129; 131,133,140,164,170-188 Williamson JG (1996) Zhang KH (2010). How does globalization affect industrial competitiveness? Contemporary economic policy; 28(4): 502-10.

You May Also Find These Documents Helpful

  • Good Essays

    Food Safety Act 1990 and the Food Hygiene Regulations 2006 - minimises the risks to health and safety…

    • 3661 Words
    • 13 Pages
    Good Essays
  • Satisfactory Essays

    Globalisation is the process of the world becoming interconnected due to increased trade and cultural exchange throughout different countries. I will now explore the advantages and disadvantages of L’Oreal globalising their brand.…

    • 723 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Audit Lite N' Easy

    • 10624 Words
    • 43 Pages

    Bibliography: Australia New Zealand Food Standards Code (2007), Standards 3.2.2, viewed 20 April 2007, >…

    • 10624 Words
    • 43 Pages
    Powerful Essays
  • Good Essays

    Nvq3 Unit 19

    • 1559 Words
    • 7 Pages

    The Public Health (control of diseases) act 1984, Food Safety act 1990 and Regulations 1995, 2005 and 2006.…

    • 1559 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Pttls Task One Report

    • 1458 Words
    • 6 Pages

    The key legislations and regulatory requirements that relate to my role and responsibility as a food safety/food hygiene trainer in the U.K. include:…

    • 1458 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Cafe 90073 Answers

    • 1339 Words
    • 6 Pages

    * Following hygiene legislation- The Food Act (2003), The Food Regulations (2010), Food Standards Australian…

    • 1339 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    There have been many definitions and classifications of the term ‘Globalisation’ conceived and hypothesised, over the last half a decade in particular. Some of these classifications can be viewed as to being biased in favour of globalisation and vice versa. But one that can act as a concise, yet unbiased characterisation was conceived by Dibb et al. in 2006 which states that Globalisation is “The development of marketing strategies that treat the entire world, or its major regions, as a single entity.” (Dibb et al. 2006, p. 147) Globalisation revolves around creating marketing strategies while viewing the world’s consumers and business as one market that share needs, wants and buying behaviour.…

    • 2305 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    This competition forces corporations to target new markets to take advantage of to succeed. Globalisation can be defined as “the process by which businesses or other organizations develop international influence or start operating on an international scale” (Oxford) or “the widening, deepening and speeding up on worldwide interconnectedness in all aspects of contemporary life” (Held et al, 1999). A company such as Coca Cola Company has been very successful as a multinational company, which is now operating in over 200 countries and has over 84000 suppliers. Currently over 70% of Coca Cola’s business income is generated from non-US sources (Coca-Cola Company, 2012). Coca Cola has grown into a multi-million dollar business and has continued to grow. They have created new products under the Coca Cola company to target and cater for different types of target markets such as powerade for sports people and younger people, vitamin water and diet coke for health conscious and older consumer, fanta and sprite for soft drink fans. Coca Cola now tailored a product line to meet the needs of the younger consumer by offering flavored coke products such as cherry and vanilla coke. Coca Cola also used packaging differentiation to adapt its products to various market segments. Functional…

    • 1604 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The key requirements of the Act are that food must comply with food safety requirements, must be "of the nature, substance and quality demanded",…

    • 528 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Food Safety Act 1990 and Food Hygiene Regulations 2005 – under this act you must not:…

    • 2292 Words
    • 12 Pages
    Powerful Essays
  • Best Essays

    Case Study on Asos

    • 3973 Words
    • 16 Pages

    ASOS is an online retailer who has taken over the virtual shopping sector in the current market. They have proved their methods of marketing and branding with…

    • 3973 Words
    • 16 Pages
    Best Essays
  • Good Essays

    I conducted a brief analysis on Kraft Foods and Hansen’s Natural, to compare and evaluate the ways in which the concept of globalization has made an impact in their individual tactics globally. Kraft Foods and Hansen’s Natural are two similar corporations with dissimilar ways of operations. They operate differently in structure, accessibility, size, strategy, and international marketing. They both share the similarity of working in the food industry. Hansen’s goods are not as broad as Kraft Food’s. Their products are restricted to the beverage sector, while Kraft Food’s products are featured in both beverages and food sectors. Therefore, Hansen’s has not been as dominant as Kraft Foods internationally.…

    • 770 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Tnc Research Paper

    • 1383 Words
    • 6 Pages

    “Globalization” is a popular term that originated in the 1980s to describe the process of increased interconnectedness among nations, through the movement of people, information, investments and goods across national borders. The presence of Trans-national Corporations (TNCs) in many economies today has sped up the process of globalization and the impacts of TNCs is a hotly debated issue now. From an economic viewpoint, TNCs bring about more benefits than negatives to host nations and I will be illustrating this in the remaining part of my essay by bringing in TNCs like Nestlé, Nike, Monsanto and Walmart, just to name a few.…

    • 1383 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    M. Portera uważał, że potencjał globalizacyjny sektora jest zależny od czynników sprzyjających globalizacji sektora, a także hamujących go. Oceniając stopień globalizacji sektora, w którym działa firma Nestle na początku uwaga zostanie zwrócona na czynniki sprzyjające.…

    • 659 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Nestle

    • 911 Words
    • 3 Pages

    Nestle adopt the first mover advantage strategy to enter the new markets that means the company enters into an early stage of emerging markets, in order to build a substantial position by selling basic food items and establish a network with vertical supply chain includes backward and forward stage in the emerging markets before competitors from Western countries. Nestle moves on into the more upscale segments such as mineral water, chocolate, cookies and prepared foodstuffs because of rising income level and therefore customers can afford to spend more on the food basis products. This strategy helps Nestle satisfy the basis and more niches segment as the demand rises on the food quality. Concluding, the key to their success is customization rather than exaggerated globalization. This strategy makes sense as the business success of the company proofs.…

    • 911 Words
    • 3 Pages
    Good Essays