LOG 2613 GROUP ASSIGNMENT

 NESTLE'S PICTURE DURING THE SITE VISIT

  PROBLEM SOLVING FOR NESTLE'S MAIN CORRUPT ISSUE Some solutions for Nestle's company can implement to solve ethical and boycott issue: • Supporting WHO campaign in introducing complementary foods WHO recommends that infants from 6 months of age onwards should be given supplementary foods in addition to breast milk. Initially, offer complementary foods 2-3 times daily for ages 6-8 months, and 3-4 times daily for ages 9-11 months and 12-24 months. increase times. Nestle can instructed in their pakaging for their consumer know to to be instructed in right way. Around six months of age, an infant's energy and nutritional needs begin to exceed those of breast milk, and complementary foods are needed to meet these needs. Babies at this age are developing and ready for other foods. This transition is called complementary feeding. If complementary foods are not introduced or improperly administered by about 6 months of age, infant growth may be stunted. To ensure that the infant...

  NESTLE'S MAIN CORRUPT ISSUE Main corruption issue that nestle company is facing or has faced in the past.      Allegations of unethical marketing of infant formula have historically been one of the main corruption problems that Nestlé, a worldwide food and beverage firm, has had to deal with. Specifically directed at moms who might not have access to clean water or the ability to properly make the formula, Nestlé has come under fire for aggressively pushing its infant formula products in developing nations. Concerns about the effects on newborn nutrition and health have arisen as a result of this. In the 1970s, Nestlé faced a major controversy known as the "Nestlé boycott" or the "Nestlé infant formula controversy." Activists and health organizations accused the company of aggressively marketing infant formula in developing countries and providing inadequate information about the risks associated with its use. Nestlé was accused of contributing to the high inf...

 NESTLE'S TRADE DOCUMENTS Figure 1 Figure 1 is Statements of Comprehensive Income for Nestle Malaysia for the year ended 31 December 2022 was extracted from Corporate Governance and Financial Reports. Based on the statements above, the revenue for the Group with a total amount of RM6.7b in 2022 was recognized which shows gradual improvements from the previous year meanwhile the profit for the year amounting to RM620M was earned. Figure 2 Figure 3 Referring to Figure 3 above notes 17 to financial statements has clarified the Group's total revenue for the year ended December 31, 2022, was RM6.7 billion, making it the most significant amount in the Group's financial statements. Revenue from the sale of goods is recognized when control of the product is transferred to the customer and is measured based on the consideration specified in the contract less the price. Allowances, other trade discounts, and customer price promotions (collectively referred to as "Trade Expenses...

  NESTLE'S STRATEGY AND PLANNING      Nestlé builds value by constantly emphasizing operational agility, relevance, and superior execution. As a business, we are constantly changing the products we offer to satisfy customer demands and pique their interests. We aim for a balanced pursuit of financial growth through quick innovation, effective resource allocation, and operational efficiency. Our long-term plan makes sure that we consistently achieve lasting success.      It's critical to analyze a company's market position, pinpoint its target market, and comprehend its competition before developing a strategy and plan. This entails performing market research, examining client information, and determining the advantages and disadvantages of rivals. Based on this data, the company can create a strategy to build on its advantages, correct its weaknesses, seize opportunities, and counter threats, as well as a marketing plan to successfully connect with and...

 HISTORY Nestle history Henri Nestle started the international food and beverage corporation Nestle in 1866. With operations in more than 190 nations, the company has now expanded to rank among the greatest food and beverage corporations in the world. A milk-based baby meal was created in 1867 by chemist Henri Nestle for infants who could not be breastfed. The "Farine Lactée" product was the first in a long line of Nestle goods designed to improve people's lives via nutrition. Nestle has expanded its product offerings since merging with the Anglo-Swiss Condensed Milk Company in 1905.  Over the years, Nestle has added a wide range of products to its portfolio, including chocolate, coffee, pet food, and bottled water. In the early 2000s, Nestle started to focus on health and wellness products and acquired businesses such as Jenny Craig, Gerber, and Novartis Medical Nutrition. In 2018, Nestle acquired the rights to sell Starbucks coffee. Nescafe, Kit Kat, Smarties, Gerber, a...