The management has also recognized that the political environment, economic variations, information technology adoption, legal changes, competitive forces, foreign exchange fluctuations, employees and suppliers plight and adjustment to customers need are all crucial business success factors and a business risk area.. The management has therefore encompassed the interest of all stakeholders and considered all factors that are likely to lead to the company’s success in the formulation and implementation of policies. The risk to the business is the changes in the consumers’ tastes, preferences as this may adversely affect the demand for their products, consumers’ health, and nutrition concern must be looked into through providing innovative and new food products (PepsiCo 51). According to the management, the good performance is because of the good strategies and integration of the customers tastes. The management is also optimistic that if the business risks are well insured and policies put in place to ensure their impacts are mitigated, there is no reason to worry about continued growth prospects. KPMG LLP audited the financial statements of PepsiCo. Unqualified report was given by the company, as there was no reason to believe that the standards were not adhered to (PepsiCo 104). As per the audit, the financial statements of the company were prepared in all material respects in. PepsiCo Performance.
Work CitedPepsiCo. PepsiCo 2010 Annual Report. New York, 2010. Retrived from http://www.pepsico.com/Download/PepsiCo_Annual_Report_2010_Full_Annual_Report.pdf
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