PepsiCo, Inc. was founded in 1965 through the merger of Pepsi-Cola and Frito-Lay. Tropicana was acquired in 1998. In 2001, PepsiCo merged with the Quaker Oats Company, creating the world’s fifth-largest food and Beverage Company. Today PepsiCo is a world leader in convenient snacks, foods and beverages with revenues of more than $60 billion and over 285,000 employees. With headquarters in Purchase, New York, the company consists of Frito-Lay North America, PepsiCo Beverages North America, PepsiCo International, Quaker Foods North America, Pepsi-Cola UK, Walkers snack Foods Limited and Pete & Johnny Plc.
Their main businesses - Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade - make hundreds of nourishing, tasty foods and drinks such as Aquafina, Aunt Jemima, Cap'n Crunch, Cheetos, Cracker Jack, Diet Pepsi, Doritos, Frito-Lay, Gatorade, Life, Mountain Dew, Pepsi, Propel, Quaker, Rice-A-Roni, Rold Gold, Ruffles, 7UP, Sierra Mist, SoBe, SunChips, Tostitos and Tropicana that are consumed by consumers in more than 200 countries. PepsiCo's people are united by their unique commitment to sustainable growth, called Performance with Purpose. By dedicating themselves to offering a broad array of choices for healthy, convenient and fun nourishment, reducing their environmental impact, and fostering a diverse and inclusive workplace culture, PepsiCo balances strong financial returns with giving back to their communities worldwide.
The term "globalisation" is frequently used but seldom defined. It refers to the rapid increase in the share of economic activity taking place across national boundaries. This goes beyond just the international trade in goods and includes the way those goods are produced, the delivery and sale of services, and the movement of capital. Globalisation is the result of a number of interrelated developments including:
* The growth and relative importance of foreign direct investment and multinational enterprises;