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PepsiCo Performance Essay Example

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PepsiCo Performance

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PepsiCo Performance. The income and statement of financial position are an improvement compared to the year 2009 results. Building and extending the profitable macro snack portfolio and the introduction of other local demanded taste to increased performance is the first priority for the firm. Sustainable growth of the beverage section, provision of better services to customers to increase loyalty, expansion of the nutrition business, cherishing of associates and integration of their process to ensure continued profitability and growth are some of the managements’ major concern. PepsiCo has noted that the success of the business will depend on the strategies adopted to improve their customers’ satisfaction, increase their market growth by expanding to new regions and to maintain a good business name by not destroying their reputation.

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.

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Work Cited

PepsiCo. 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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