Company Selection Paper: The Procter & Gamble Company.

1263 words - 5 pages

"The Procter & Gamble Company (P&G) is a brand behemoth. The world's #1 maker of household products courts market share and billion-dollar brands. P&G's products fall into three categories: global beauty care; global health, baby, and family care; and global household care. It also makes pet food and water filters and produces soap operas (As the World Turns). More than 20 of P&G's brands are billion-dollar sellers (including Actonel, Always/Whisper, Bounty, Charmin, Crest, Downy/Lenor, Folgers, Iams, Olay, Pampers, Pantene, Pringles, Tide, and Wella). Acquisitive P&G bought Clairol in 2001 and a majority of Wella in 2003. Its purchase of Gillette in late 2005 was its biggest buy in company history." (Hoover) "On April 12, 1837, William Procter and James Gamble start making and selling their soap and candles. On August 22, they formalize their business relationship by pledging $3,596.47 apiece. The formal partnership agreement is signed on October 31, 1837. The Moon and Stars began to appear in the 1850s as the unofficial trademark of Procter & Gamble. Wharf hands used the symbol to distinguish boxes of Star Candles. By the 1860s, the Moon and Stars appeared on all Company products and correspondence. Once a staple of the Company's product line, candles declined in popularity with the invention of the electric light bulb. The Company discontinued candle manufacturing in the 1920s. In 1859, Twenty-two years after the partnership was formed, P&G sales reached $1 million. The Company now employed 80 people" (P&G, Our History)The Procter & Gamble Company was incorporated in Ohio in 1905, having been built from a business founded in 1837 by William Procter and James Gamble. Today, the Company manufactures and markets a broad range of consumer products in many countries throughout the world. The company markets over 300 branded products in more than 160 countries. The company manages its business in five product segments: Fabric and Home Care, Baby and Family Care, Beauty Care, Health Care and Snacks and Beverages. In March 2003, the Company entered into an agreement to acquire a controlling interest in Wella from the majority shareholders. In September 2003, it completed this purchase of the shares of Wella AG. In June 2004, the company and Wella entered into a Domination and Profit Transfer Agreement (the Domination Agreement). Under the Domination Agreement, they are entitled to exercise full-operating control and receive 100% of the future earnings of Wella. In June 2004, it purchased the remaining 20% stake of its China venture from its partner, Hutchison Whampoa China Ltd. (Hutchison), giving the Company full ownership of its operations in China. The company's portfolio of trusted brands includes Pampers, Tide, Ariel, Always, Pantene, Bounty, Folgers, Pringles, Charmin, Downy, Iams, Crest, Actonel and Olay. Fabric and Home Care products include dish care, household cleaners, laundry, paper product, and...

Find Another Essay On Company Selection Paper: The Procter & Gamble Company.

Selection of the supplier for a property company "North Eastern Property Managers", Supplier selection process in purchasing

2965 words - 12 pages IntroductionIn this research paper, we are told to make a "selection" of the plumbing items supplier for a property company named "North Eastern Property Managers" (NEPM), the property companies main functions are assumed as "fixing and installing the plumbing part of the property only" in this paperwork.NEPM has spent over 400,000 a year for the purchase of various kinds of plumbing supplies such as: pipes, tees, elbows, and many small

Leadership Selection For A Major Consumer Technology Company

1736 words - 7 pages Introduction The progress of a company is determined by the leadership approach adopted by the leaders. Therefore, the selection process of a prominent leadership position needs careful consideration of the leadership traits and style of potential candidate. This work explores different leadership concepts and issues that need to be considered as part of the selection process. This work starts by identifying the meaning of a leader. This

Procter & Gamble and the China Market

1407 words - 6 pages ; Gamble is winning the race to dominate it. Originally created as a partnership that manufactured soap and candles, Procter and Gamble has greatly expanded its operations, now employing some 99,000 people in over 60 countries. Procter and Gamble markets a broad range of laundry, cleaning, paper, beauty care, food and beverage and health care products in more than 140 countries.The Cincinnati Company is prospering amid a swarm of government-owned

The Hisotry of the International Paper Company

612 words - 3 pages International Paper Company is the world's largest pulp and paper company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. When it started out on January 31, 1898 in Albany, New York, it was through the merger of 17 pulp and paper mills ranging in size and technological advancement and capabilities. However, even then International Paper was a leader in the industry as the nation's largest

Hamm Paper Company

708 words - 3 pages HAMMERMILL PAPER COMPANY Background The Hammermill Paper Company grew from operating one business to operating five businesses within a twenty-five year period. During that time, no formal policies were implemented to help unify the expanding organization. Company leaders now realize that Hammermill cannot continue to prosper unless there's a restructuring of the policies for communication and planning. Since cooperation among all employees is

Company Supply Chain Paper

732 words - 3 pages , Transportation, and lastly Information. This first element in developing an effective supply chain takes under advisement what and how many goods to manufacture, and if need be, what additional pieces should be outsourced or procured from qualified sources.Within the second element, supply, a company must calculate what their facility are capable of producing with high quality margins, while also maintaining economic efficiency. Almost all companies are

Procter and Gamble- Intoduction of new a shampoo on the European market

2421 words - 10 pages Procter and Gamble in EuropeIntroductionProcter and Gamble (henceforth to be called P&G) is an international supplier of consumer goods it is a "global leader in health and beauty care products, detergents, diapers and food" . P&G's presence in the hair care market in the U.S has been strengthened by innovative technology BC-18 and the replacement of an old brand 'Pert' with 'Pert Plus'- a mild shampoo with a fully effective conditioner

Failed Company Paper: Champion Enterprise

1739 words - 7 pages Company Description Champion Enterprises Inc. is one of the leaders in the manufactured home building industry. The company specializes in factory manufactured housing and building materials, specializing in two-story homes, multi-section homes, ranch-style homes, single-style homes, Cape Cod style homes, townhouses, duplexes, and triplexes. Modular homes maintenance cost is lower than traditional homes making them a better option. Champion

Birch Paper Company - Case Study

1729 words - 7 pages To: Commercial Vice PresidentBirch Paper CompanyAlthough the current financial implications for Birch Paper Company are not substantial, as the contract in question is less than 5% of the volume in any division, it is imperative that Birch Company establishes and addresses its transfer price policies and procedures with each division. This will ensure that the divisions are not putting their objectives ahead of the Company's and as a result, not

"The Hershey Company"

885 words - 4 pages silver foil. In 1921, machine wrapping was introduced, and this technology was also used to add the slip of paper at the top to signify that it was a genuine Hershey’s Kisses. Hershey’s Kisses were trademarked by the company before 1924 (The Hersey Company). The company produced several new products throughout the next twenty years. These products include the following: Mr. Goodbar Candy Bar, Hershey’s Syrup, Hershey’s chocolate chips, and the

The Virginia Company

2445 words - 10 pages first company that settled in the New World with charter protection – the Virginia Company. Furthermore, the paper will incorporate greater emphasis on this company’s significant influences toward three main aspects, its effect on business development, which started off by means of the tobacco commerce throughout the New World and Europe; the impact on colonization, which was essentially portrayed by the headright system that took shape during the

Similar Essays

Company Selection Paper

1223 words - 5 pages The two public traded companies that Team A chose to conduct a brief overview of are Wal-Mart and Target. Both of these companies do serve a large population of customers and employees here in America as well as overseas. The purpose of this paper is to explain the following research: what is the company's product or service; when was the company established; and what accounting firm audited each company's financial statement.Wal-MartWal-Mart is

Company Selection Paper

1181 words - 5 pages History of Wal-MartOn July 2, 1962, Walton opened the first Wal-Mart store, Wal-Mart Discount City. Within five years the company expanded to 24 stores across the state of Arkansas and reached $12.6 million in sales. In 1968, the first stores opened outside Arkansas, in Missouri and Oklahoma. The company was incorporated as Wal-Mart Stores, Inc. on October 31, 1969, and in 1970 opened its home office in Bentonville, Arkansas, and its first

Company Selection: Mc Donald's & Wendy's. Essay

3395 words - 14 pages countries. McDonald's is known as one of the best places to get a hamburger and good customer service. ( McDonald's is on the New York Stock Exchange under the symbol of MCD."McDonald's is the world's #1 fast-food company by sales, with more than 31,000 flagship restaurants serving burgers and fries in more than 100 countries. Almost 30% of its locations are company-owned; the others are run by franchisees" (Hoover's Fact Sheet

Ratio Analysis And Statement Of Cash Flow: The Proctor And Gamble Company

1467 words - 6 pages ;G Corporation with Gillette has been culminated together to give a calculation on the return on investment. This has been conducted by summarizing the short-term liquidity and long-term liquidity, in addition to the profitability of P&G Corporation.References:Hoovers, The Procter & Gamble Company, Retrieved November 21, 2005, /procter-&-gambleNew York Stock Exchange 2005, Procter & Gamble Co, Retrieved November