authorized for use only in PGDM - 06122013 - IV by Prof Sunil Sangra at Birla Institute of Management Technology (BIMTECH) from June 2013 to September 2013. c h a p t e r 4 Transforming the Corporation The Design of Procter & Gamble p roc te r & gam b le ( p & g ) ‚ the world’s largest consumer packaged-goods company‚ spent most of the 1990s in a restructuring mode. It actively acquired new businesses‚
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two companies: Johnson & Johnson (J&J) and Procter & Gamble (P&G). The accounting policies are mainly focus on their different approaches in solving accounting problems about acquisition and divestitures‚ investment and joint ventures‚ financial instruments‚ stockholders’ equity‚ etc. The purpose of discussing these policies is to detect the advantages and disadvantages of each policy for managers to help them search a better accounting approach in achieving their companies’ success
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Procter & Gamble Procter & Gamble Co.‚ also known as P&G‚ is an American multinational consumer goods company headquartered in downtown Cincinnati‚ Ohio‚ United States‚ founded by William Procter and James Gamble‚ both from the United Kingdom. Its products include pet foods‚ cleaning agents‚ and personal care products. William Procter‚ a candle maker‚ and James Gamble‚ a soap maker‚ both born in the United Kingdom of Great Britain and Ireland‚ emigrated from England and Ireland respectively
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to “Whisper”. The Singapore operation increasingly depended on P&G Japan‚ which used Whisper since P&G was blocked from using Always. The strategies for name change come in three alternatives: (1) the name change would be introduced swiftly; (2) the name change could be phased in for different items at different times; and (3) Whisper products could be introduced and co-exist with Always. Analysis To better evaluate the case‚ P&G’s marketing mix will be used to identify the internal and
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Introduction to Procter & Gamble Procter & Gamble (P&G) is a multinational corporation that provides consumer products in the areas of pharmaceuticals‚ cleaning supplies‚ personal care‚ and pet supplies. The global consumer goods company was started by William Procter‚ an English candle maker & James Gamble‚ an Irish soap maker in 1837‚ and has been well established since then‚ ranking fifth place of the "World’s Most Admired Companies” by Fortune Magazine . P&G constantly strives to provide branded products
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Peter White is the Director of Global Sustainability‚ Procter & Gamble (P&G)‚ Newcastle‚ UK. In his article is about building a sustainability strategy into the business. He describes efforts to implement sustainability at P&G‚ a global consumer goods company with over 300 brands marketed in over 180 countries. In his article‚ the company are eliminating trade-offs between performance‚ value and sustainability. P&G was an early adopter of the concept of sustainable development‚ making
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asset built up by a company overtime by building awareness‚ having a well-known name or a clear identity‚ consistent communications‚ marketing to the consumer‚ acting socially responsible‚ and spending on advertising and promoting the brand. Procter & Gamble (P&G) has been known to be one of the most skillful marketers of consumer packaged goods and also the company holds one of the most powerful groups of trusted brands. Developing brand equity is vital as it allows companies to more effectively
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Designed to Lead 2009 Annual Report Contents A.G. Lafley Letter to Shareholders Bob McDonald Letter to Shareholders Touching Lives P&G Brands — Designed to Be Leaders Billion- and Half-Billion Dollar Brands Improving Life P&G Leaders — Built from Within Corporate Officers Board of Directors P&G at a Glance Financial Contents Shareholder Information 11-Year Financial Summary 1 5 8 10 12 16 18 24 25 26 27 72 73 Financial Highlights FINANCIAL SUMMARY (UNAUDITED) Amounts in millions‚ except
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Study Procter & Gamble in Japan: From Marketing Failure to Success Procter & Gamble (P&G)‚ the large US consumer products company‚ has a well-earned reputation as one of the world’s best marketers. With its 80-plus major brands‚ P&G generates more than $37 billion in annual revenues worldwide. Along with Unilever‚ P&G is a dominant global force in laundry detergents‚ cleaning products‚ and personal care products. P&G expanded abroad after World War II by exporting its brands and marketing policies to
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Colgate’s ‘Simply White’ posed a threat to P&G’s dominant market share in the over- the-counter teeth whitening product category. Colgate emphasized that its product bleached teeth as effectively as P&G’s Crest Whitestrips and priced it at a significant 65% lower than Whitestrips which allowed it to gain almost 50% market share. Although concept tests done by P&G indicated that consumers perceived both products to be equal in terms of whitening levels‚ P&G’s internal scientific data suggested that
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