...[pic] MGT 210 Group Assignment Company: Nestle Bangladesh Submitted to: ZULFIQUER ALI HAIDER Section: 14 Semester: Fall 2014 Submitted by: Anamika Bardhan – 141-0141-630 Ekramuzzman Ekram – 141-0509-630 Humayra Chowdhury – 141-1832-630 Jarin Anjum Chowdhury – 141-0508-630 Samiul Haider Khan – 133-1316-630 6th of December, 2014 To Zulfiquer Ali Haider Course Instructor School of Business North South University Dhaka-1229 Subject: Submission of Report on Nestle Bangladesh LTD. Dear Sir, This is to inform you that we have completed the report on Nestle Bangladesh LTD. which you had` assigned us for the course MGT 210 for the semester of FALL 2014. For the report, we tried to identify how Nestle operating their local business being a multinational company in Bangladesh. In writing this report, we have followed the instructions that you have given us, and we have also applied relevant concepts that we have learnt throughout the course. Some information, references & interview of a manager have been taken from different sources to facilitate our report. However, we will be glad to clarify in interpreting this analysis if needed. Finally, we have put our effort to make the report as informative as possible. We are thankful to you for giving us this unique opportunity. Yours sincerely Anamika Bardhan - 141-0141-630 Ekramuzzman Ekram - 141-0509-630 Humayra Chowdhury - 141-0508-630 Jarin Anjum Chowdhury - 141-0508-630 ...
Words: 3849 - Pages: 16
...Chapter-1 | Introduction | Nestlé is a multinational food processing industry headquartered in Vevey, Switzerland. Nestlé has around 461 factories, operates in 83 countries, and employs around 330,000 people. It is the largest food company in the world measured by revenues. Nestlé Logo Nestlé Logo Nestlé’s products include baby food, breakfast cereals, chocolate, coffee, culinary, dairy, drinks, confectionery, ice cream, bottled water etc. Twenty nine brands of Nestlé are available throughout the world including Nescafe, KitKat, Smarties, Nesquik, Nespresso, Maggi etc. Key information regarding the company is mentioned below: Type Societe Anonyme Industry Food Processing Founded Anglo-Swiss condensed Milk Company (1866) Farine Lactée Henri Nestlé(1867) Nestlé and Anglo-Swiss Condensed Milk Company(1905) Founder(s) Henri Nestlé, Charles Page, George Page Headquarters Vevey, Switzerland Area served Worldwide Key People Peter Brabeck-Letmathe (Chairman) Paul Bulcke (CEO) Operating $11.55 billion (2012) income Employees 330,000 Website www.nestle.com 1.1 Nestle History Henry Nestlé Henry Nestlé The key factor which drove the early history of the enterprise that would become The Nestlé Company was Henri Nestlé's search for a healthy,economical alternative to breastfeeding for mothers who could not feed theirinfants at the breast.In the mid-1860s Nestlé, a trained pharmacist began experimenting with variouscombinations of...
Words: 1026 - Pages: 5
...and regards to “Kashfia Ahmed” honorable Senior lecture, Department of Business Administration, East West University whose enthusiastic guidance and help during the entire study period made it possible for us to prepare this report. We are grateful to some prominent authors worldwide whose book I have consulted in the preparation of the assignment. We also thank to our course mates for their advice and comments to the success of the report. Thank You, Jahid Hasan Rajib Id- 2010-3-13-059 On Behalf of the Group September 28, 2012 Kashfia Ahmed Senior Lecture Department of Business Administration East West University 43 Mohakhali C/A, Dhaka- 1212, Bangladesh. Subject: Submission of Assignment on “Marketing Strategy of Nestle. Dear Madam, With due respect, we are please to submit herewith the assignment on “Marketing Strategy of Nestle” that you are assigned us to prepare by August 4, 2011. Thank you for assignment us such...
Words: 5018 - Pages: 21
...and regards to “Kashfia Ahmed” honorable Senior lecture, Department of Business Administration, East West University whose enthusiastic guidance and help during the entire study period made it possible for us to prepare this report. We are grateful to some prominent authors worldwide whose book I have consulted in the preparation of the assignment. We also thank to our course mates for their advice and comments to the success of the report. Thank You, Jahid Hasan Rajib Id- 2010-3-13-059 On Behalf of the Group September 28, 2012 Kashfia Ahmed Senior Lecture Department of Business Administration East West University 43 Mohakhali C/A, Dhaka- 1212, Bangladesh. Subject: Submission of Assignment on “Marketing Strategy of Nestle. Dear Madam, With due respect, we are please to submit herewith the assignment on “Marketing Strategy of Nestle” that you are assigned us to prepare by August 4, 2011. Thank you for assignment us such...
Words: 5018 - Pages: 21
...By creating product, service, channel, people and image differentiation Nestle reach the consumer touch point more effectively & efficiently in comparing with their competitors in the highly competitive food processing sector. Product Differentiation: Nestle brings a lot of product for target customers. They provide 25 types of minerals in Nido for children. It also provides Cerelac and Lactogen1 &3 for newly born baby exclusively. Now the doctors prescribe these products for babies to their parents for high nutrition Nescafe is a product which contains 4 types of categories. They offer Nescafe ice for hot weather, classic for all 3 in 1 for those who are busy. They provide Maggi including Maggi instant; Maggi 2 minutes which contain various minerals, vitamins and nutritions.Maggi also provide magi healthy soup and Maggi corn soup but charge the same price. Channel Differentiation: Nestle reach their products to the customers through their expert market salesman and transportation. So that their products are much available to their respective customers. Image differentiation: Nestlé’s logo is totally different from its competitors that are greatly accepted by its customers. For that reason customer easily identify them in the market which is another effective advantage for Nestle. People differentiation: Nestle has a large number of employees that are highly educated and trained. In Bangladesh, 400 employees are working in market Company chairman; Peter Brakeck- Letmathe...
Words: 565 - Pages: 3
...RECENT DEVELOPMENTS In 2010, MAGGI® launched its “Happiness is homemade” communication campaign which was developed from the brand’s vision of uniting Malaysian families through cooking and sharing moments together around the dining table. “Happiness is homemade” was applied to every strategic move and executed in every piece of communication. MARKET Malaysia is a melting pot of cultures united through their love for food. Through homecooked food, families come together and share simple joys of life. In today’s fast-paced lifestyle, the struggle for time has made such occasions rare, slowly dissipating the beauty of homemade meals and togetherness. MAGGI®’s mission is to bring back the charm and wonders of cooking and sharing by offering a wide range of products and solutions to support mothers in meeting various lifestyle needs. MAGGI® helps mothers to prepare tasty and balanced meals for their families every day, the key to continuing the tradition of great family values. Positioned as the leading culinary expert in Malaysia, MAGGI® has entered the homes and hearts of every Malaysian. MAGGI® is dedicated towards supporting mothers and their role in raising children who are the future of Malaysia. All MAGGI® products are locally produced in Malaysia and are halal. yellow background, are recognised throughout the country as a stamp of quality and mark of assurance. MAGGI®’s reputation is also strongly endorsed by chefs, its range of sauces and liquid stocks are widely...
Words: 613 - Pages: 3
...PHILIP KOTLER Philip Kotler (born May 27, 1931 in Chicago) is the S.C. Johnson & Son Distinguished Professor of International Marketing at the Kellogg School of Management at Northwestern University Why chocolate? I. According to a recent study conducted by a major chocolate brand in India the major consumers of chocolates apart from kids are teenagers and people between the age of 15 - 35. Most of the chocolate brands in India produce chocolates in different sizes that are priced according to their sizes. Chocolates like Diary Milk and Five Star can be got for just Rs 10. Chocolates in India are slowly and steadily substituting the mithai or traditional Indian sweets. Due to the increasing levels of social consciousness people prefer gifting well wrapped chocolate packets rather than sweets on occasions and festivals. Taking advantage of this situation GATHERING AND ANALYSING MARKET INFORMATION PRODUCTS Amul chocolates Parent Company Amul Category Chocolates Sector Food Products Tagline/ Slogan Taste of India USP Quality and affordability STP Segment Quality conscious children and adults Target Group Kids and youth Positioning Taste of India by giving them quality products SWOT Analysis Strength 1. Good product range which includes chocolates, toffees, syrups etc 2. Good quality and packaging 3. Excellent distribution network of Amul ensure availability 4. Branding and advertising through TVCs and print ads is popular 5. Pricing is good as...
Words: 1630 - Pages: 7
...Rina Thomas Nestle Case Study September 16, 2013 Introduction Nestle is one of the biggest food companies in the world with sales of $47 billion annually. Nestle has undergone through a huge number of transformation throughout the years. (Palmer, Dunford & Akin, 2009). Nestle manufacture product such as different cosmetics and chocolates that has been long known as a worldwide leader in its business. To increase its growth in operations, Nestle had picked up other markets for diversification other than the food industry which Nestlé’s first pick item was the cosmetic brand. But after some time, the company had acquired other products like ophthalmic and pharmaceutical. At last, for the expansion the company was required to concentrate on enhancing productivity, business expansion and financial improvement. Body 1. Did Nestle undergo either first-order and/or second-order change according to the case? Answer listing examples of types of change from the above story. In the case study, Nestle went through major first order change. One of the first-order changes that occurred was in the 1900’s when Nestle changed its approach to global expansion by acquiring subsidies in other countries. Prior to that, Nestle only operated with sales agents to buy their products out of Switzerland, so they changed their international strategy maintaining the company’s goals and the organizational mission. During the First World War, this had increased the demand...
Words: 1158 - Pages: 5
...Company Overview NESTLÉ® was formed in 1905 by the merger of two competitors Anglo-Swiss Milk Company and Farine Lactée Henri Nestlé. (Nestle, 2013). The name of the company comes from the last name of the founder of the company, Henri Nestlé. He was a German pharmacist who developed a milk-based baby food. According to the company’s website, the corporate headquarters are located in Vevey, Switzerland, and the company has more than 25,000 employees nationwide, and 25 manufacturing facilities, 35 distribution centers, and 15 sales offices across the U.S. (Nestlé, 2013). Currently, the role of a CEO plays Paul Bulcke, who started working for the company in 1979 (Nestlé, 2013). The employees of Nestlé are dedicated to produce high quality products and maintain the best service (Nestlé Waters North America, 2013). The company believes in respect for people, honesty, integrity and teamwork and wants to achieve the organizational objectives by meeting current needs of people without compromising the needs of future generation (Nestlé Waters North America, 2013). The beliefs provide framework for decision making process and the same they shape the culture of the company. According to the company’s website, Nestlé works with partners like, the Partnership for a Healthier American (PHA) and USDA to promote healthy hydration and encourage people to healthy life style (Nestlé Waters North America,2013). The Nestle Company is a wide array of products that range from cereals...
Words: 425 - Pages: 2
...known to put their profits before the people are but not limited to: Pfizer, ExxonMobil and Chevron. While doing the research for Week 1e-Activity I came across several website articles that discussed Nestle and child slavery and/or child labor. While reading this I became appalled with what I was reading and decided to share this case with you. Per the International Labour Organization, which is part of the UN, it is estimated that 284,000 children are working in dangerous conditions on cocoa farms in Côte d’Ivoire (the Ivory Coast) in Africa, where more than 40% of the world’s chocolate comes from. In recent years it has come to light that Nestlé buys from a third party cocoa that has been picked by slave labor and child labor. It has been said that children as young as twelve years of age have been kidnapped, trafficked or coerced labor. In 2005 nonprofit organizations sued Nestlé under two federal statutes, Torture Victim Protection Act and the Alien Tort Claims Act, which allows victims of human rights abuses who do not reside in the United States to sue U.S companies for violations of international law. The suit also charged Nestlé of making false claims that the problem of child labor on cocoa farms were being resolved. Nestlé ’s response was the following: "Nestlé is not the owner of any plantation," says Peter Brabeck-Letmathe, chief executive, exasperated after seven years of protests connecting the Swiss multinational with forced child labor in Ivory Coast. In...
Words: 561 - Pages: 3
...Today Neslte is the world leading Food Company. Their headquarter is still in Switzerland where it was founded by Henri Nestle in 1866. At the moment, Neslte has almost 500 factories in 86 countries and they employ around 328.000 people. The factories are operating in: Africa, America, Europe, Asia and Oceana. So it’s a real multinational. Last year it was even listed no.1 in the fortune global 500 as the world’s most profitable corporation . Nestle has a wide range of product across a number of markets. Like coffee and healthcare nutrition. But also pet food. It’s very various. Here you can see some famous brands of Nestle, including Nespresso Nescafe Pellegrino and so on. And of course KitKat! KitKat is one of them most popular chocolates around the world. It’s well-known red and white colors and the clear KitKat Logo makes it also one of the most recognized brands ever. I will show you how KitKat is marketing their brand by showing the Marketing Mix of KitKat. This consist of the product strategy, the Price strategy, the place strategy and de promotion strategy. First the Product Strategy: The original KitKat is a 4-finger chocolate bar and each finger has 3 layers of wafer and crème-filling, covered in an outer layer of chocolate. In the Netherlands you also have these typical 4-finger bars. But you also have the KitKat Mini with 2 smaller fingers. And there’s a single larger KitKat, the KitKat Chunky, which is also...
Words: 842 - Pages: 4
...Nestle: Sustaining Growth in Mature Markets Describe the characteristics of each of the following elements in the Current Competitive Landscape: Globalization, Technology, Knowledge, Strategic Flexibility, Quality, and Profit Pool. Nestle’ recognizes that increasing globalization is leading to the development of more and more international recommendations. Although, as a general rule, these recommendations are addressed to governments they inevitably impact on business practices. [ (Brabeck-Letmathe, 2004) ]. The internet is changing the way of doing business. It concerns business-to-business relations and also the Company’s interaction with consumers. In this respect nestle’ S.A. has an Internet Privacy Policy which is available on the Corporate Website. This policy aims to protect the privacy of the users; it covers, for instance, the accessing, deleting or correcting of information, the security of information, and relates also to tracking technologies [ (Brabeck-Letmathe, 2004) ]. Nestlé’s broad known of their products and laws that are required in order to design different product are impeccable. Needless to say one company has to know about water, using raw materials, nutrition for not only infants but everyone including animals. Nestlé’s knowledge of human rights gives them a strong understanding of strategic flexibility. Nestle’ recognizes that governments are ultimately responsible for the establishment of a legal framework for protecting human rights...
Words: 1293 - Pages: 6
...Operations Management Fall Semester 2011 Final Project “Operations management at Nestle” Instructor: Prepared by [pic] Table of Contents |List of Abbreviations………………………………………………………………………………………………… |3 | |List of Figures/Tables………………………………………………………………………………………………... |4 | |Executive summary…………………………………………………………………………………………………… |5 | |1. Introduction…………………………………………………………………………………………………………. | | |2. Company’s background | | | 2.1 History of Nestle………………………………………………………………………………………………... | | | 2.2 Nestle strategy…………………………………………………………………………………………………… | | | 2.3 Current situation of Nestle in Kazakhstani market……………………………………………………………… | | | 2.4 Major products…………………………………………………………………………………………………...
Words: 4132 - Pages: 17
...Nestlé S.A. is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland and it’s largest food company measured in the world. Nestlé’s origins date back to 1866. Their product includes baby food, diary products, bottled drinks, cereals, snacks and ice cream. It is the most astronomically immense food company in the world quantified by revenues. In September 1867, in Vevey. Henri Nestlé started with a milk-based baby food, and soon began selling it. Daniel Peter begin seven years of work perfecting his invention in the milk chocolate manufacturing process. In August 1866, Anglo-Swiss Condensed Milk was established and this is where their history begins and today Nestle has became a world leading food company. Nestle remains the quality and nutrition of their products. Nestlé and other corporations engender a good standing relationship with the countries’ regime for the future of their corporation. The rise in IT consuming which concerns the sale of hardware, software, machineries, and related internal and external services has improved the efficiency of distribution and production between the seller and the consumers. It also contributed to the enhancement of IT systems of companies, especially those who operate in an industry that deeply rely on technologies. And Nestle is definitely one of them. In appeasing local and government laws and regulations in different countries, economical factors like rates of inflation and exchange play a very important...
Words: 1074 - Pages: 5
...Introduction The purpose of this group report is to evaluate Nestle Company industry how the company develop strategy for their business organization following the analysis of external and internal business environments. And also analyze the strategic management process as firm used to achieve their goal. The most important thing for most of business company is an understanding their successful performance among the other competitors in market place. For some parties, like shareholders, it is essential for company to make a profit and gain above average return. In the report we will identify the marketplace opportunities and threats of Nestle Company and decide how to use their resources and capabilities to pursue opportunities and overcome threats. In order to strengthen this report about the Nestle Company, there are several method to analysis the data that has been conducted, which is included such as PEST analysis, Porter’s 5 Forces model and SWOT analysis. By the end of this assignment, future strategy will be mentioned as well as our recommendations about Nestle Company that will fit into strategy orientation in order to perform well. And also to develop and implement its learning approach as the chosen large company by using different strategy. Corporate Profile and Summary: Nestle (Malaysia) Berhad Nestle (Malaysia) was established by Nestle Group (Nestle) began in Malaysia in 1912 as the Anglo-Swiss Condensed Milk Company in Penang and later, growth and expansion...
Words: 2826 - Pages: 12
