Answer To: 1 HI5015: Legal Aspects of International Business and Enterprise 2018 Individual Assignment Due...
Sarabjeet answered on Aug 29 2020
PepsiCo
Legal Aspects of International Business and Enterprise
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Table of Contents
Question 1 3
The industry the company operates in 3
Number of Staff in Australia 3
Number of Staff globally 3
Location of global headquarters 3
Question 2 4
Legislative Regulatory Framework Affected the PepsiCo 4
Question 3 6
References 9
Question 1
The industry the company operates in
Australia's PepsiCo is a home to few of world's most recognizable and esteemed brands, including Doritos, Gatorade, Pepsi and Quakers, as well as Red Rock Deli, Smith Chips, Twisties and Blue Jays. A popular brand. From snacks to beverages, the company offers customers a wide range of products, from simple snacks to healthier products.
PepsiCo Australia is part of global PepsiCo company, which consists of 4key divisions: PepsiCo Americas Foods, PepsiCo Middle East,PepsiCo Americas Beveragesas well as Africa PepsiCo Europe. Today, PepsiCo is one of world's major beverage companies with a large number of popular products (Ball, Creedy and Scobie, 2018).
Number of Staff in Australia
Australian PepsiCo has more than 2,500 Australians, including PepsiCo business divisions –PepsiCo, Smith's Snackfood, Quaker Oats, and New Zealand Bluebird Foods.
Number of Staff globally
PepsiCo's global staff has expanded from 19,000 in year1965 to 263,000 in 50 years. The corporation has approximately 110,000 workforces in globally. Pepsi's beverage and food products are sold worldwide. Its six worldwide divisions, whether independent or with the third parties, manufacture, market, allocate and sell the wide range of beverages and foods in itsvaried product portfolio, propel innovation,in addition, are committed to delivering purposeful performance.
Location of global headquarters
PepsiCo's commercial headquarters in the New York, USA.PepsiCo products are offered to consumers over 200 nations and regions everywherein the world. Due to international expansion, PepsiCo's global business structure has been transferred many times in history. As of year, 2016, it is divided into six chief divisions: North American Beverage, Quaker Foods North America, Frito-Lay North America, Europe,Latin America and Sahara South Africa, Asia, North Africa and Middle East (Belderbos, Du and Goerzen, 2017).
Question 2
Legislative Regulatory Framework Affected the PepsiCo
PepsiCo's businesses include distribution, storage, production, sales, marketing, advertising, labelling, safety and health practices, transport and utilization of most of its products, subject to severalregulations and laws governed by local, state and federal authorities. Australian government agencies, as well as government entities and institutions outside Australia, manage laws and regulations in the markets in which they manufacture, manufacture or sell their products. The company's strategy is to fulfilregulations and laws around the world that applied to its business (Bonadio, 2013).
These regulations and laws can sometimes change intensely due to social, economic or political events. These regulatory environmental changes comprisevariations in drug and food laws, regulations related to deceptive and advertising promotion practices,tax requirements, accounting standards, environmental law and competition law, together with laws related to water rights as well as treatment regulation. Variations in regulations, laws or government rules and related understandings may change environment wherein the company conducts its business and might affect PepsiCo performance or upsurgePepsiCoresponsibilities or costs. Particularly, government agencies operating in jurisdictions mightexecute new labels, product and production needs or other boundaries (Fudge, 2015). In various jurisdictions, the compliance with the competition laws is particularly important to companies because of their competitive position in these jurisdictions. Regulators operating under their law firms might also have implementation powers that may allow us to act, for example, product recalls, abduction of products and other sanctions, which may adversely affect the company's sales or damage its reputation. PepsiCo Australia adheres to a wide range of voluntary industries. Marketing practices, including a children's advertising guide that fits PepsiCo overall global strategy. PepsiCo sells a range of products that meet the strategic nutritional standards of state government cafeterias.
The company applies legislation in certain jurisdictions to impose special taxes or other restrictions on products sold by certain companies. For instance, some local, state, federal and governments in Australia and some other nations in which the...