Friday, January 3, 2020
Essay on Procter Gamble Rely Tampons Case Study
Abstract The purpose of this research paper is that to present the difficulties Procter amp; Gamble faced in the early 1980à ¡Ã ¦s due to a correlation between the companyà ¡Ã ¦s Rely tampon and the disease Toxic Shock Syndrome (TSS). Also, how the company handled the findings before and after new laws were passed by Congress giving the Food and Drug Administration (FDA) the authority to regulate medical devices, which included tampons. Thereafter, I will analyze the ethical issues relevant to this case within a SWOT analysis. Introduction Corporate Social Responsibility (CSR) is about how companies manage their business processes to produce a positive impact on society. Companies introduce new products in markets, usually after testingâ⬠¦show more contentâ⬠¦Throughout Procter amp; Gambleà ¡Ã ¦s history and development, the company has grown to be divided into five business segments: healthcare, beauty care, baby and family care, snacks and beverages and fabric and home care. The companyà ¡Ã ¦s headquarters are located in Cincinnati, Ohio and employs around 110,000 people in nearly 80 countries and markets over 300 products worldwide with a net income of $5.66 billion. Company Background Procter amp; Gambleà ¡Ã ¦s major competitors begun marketing tampons as early as the 1930à ¡Ã ¦s. In 1972 a ban to advertise sanitary products on television was lifted. Seeing this and the preference of women to use tampons, thus becoming a highly competitive market, Pamp;G decides to enter this market in the early 1970à ¡Ã ¦s. Enters the Rely tampon. By 1980, this tampon had acquired 20% of the market. In January 1980, twelve (12) cases of TSS were reported to the federal Centers for Disease Control (CDC). TSS begins suddenly, its symptoms are vomiting, high fever, rapid drop in blood pressure, diarrhea, headache, sore throat and muscle aches. After 24 hours a rash appears which is sunburn like. On days 3 and 4 of the disease, broken blood vessels appear in the skin, along with confusion, fatigue and weakness and weak and rapid pulse. The disease can cause kidney dysfunction, liver failure, can be deadly and needs immediate treatment (Klein, 2004). TSS was firstShow MoreRelate dProcter Gamble Rely Tampons Case Study2383 Words à |à 10 Pagespaper is that to present the difficulties Procter Gamble faced in the early 1980à ¡Ã ¦s due to a correlation between the companyà ¡Ã ¦s Rely tampon and the disease Toxic Shock Syndrome (TSS). Also, how the company handled the findings before and after new laws were passed by Congress giving the Food and Drug Administration (FDA) the authority to regulate medical devices, which included tampons. Thereafter, I will analyze the ethical issues relevant to this case within a SWOT analysis. Introduction CorporateRead MoreProcter and Gamble Environmental Analysis10421 Words à |à 42 PagesProcter and Gamble 1 A CRITICAL LOOK AT PROCTER AND GAMBLE AND THE VARIOUS ENVIRONMENTS THE COMPANY OPERATES WITHIN MBA 500 Business Environment, Ethical Analysis and Law, Section 501 Prof. Edward Thomas BY: VICTOR ADU-GYAMFI, PRANAV BABU, AIRIAN PRUITT, KAREN ROMOSER, SHUBHRA SHARMA, RITHANYA SOMASUNDARAM, GAURI WAGLE Procter and Gamble 2 Abstract This paper provides an Environmental Analysis of the multinational company Procter and Gamble. The paper attempts to highlight the enormousRead MoreResearch and Analysis on Proctor Gamble (PG)5481 Words à |à 22 PagesExecutive Summary Procter Gamble (PG) is a multinational consumer-product company which operates in nearly 80 countries with more than 300 brands. With its core competency in development and commercialization of products and brands such as Pampers, Tide, and Wella which are part of PG s 22 billion-dollar brands, PG has been highly successful in the market with sales of $68 billion and a net profit of $8 billion in 2006. Its aggressive international expansion and innovation-driven strategyRead MoreProcter and Gamble Market Analysis Essay7261 Words à |à 30 Pagesprocter and gamble market analysis Executive Summary 3 Swot Analysis 4 Cash Assessment 5 Profitability Assessment 8 eARNING PER SHARE 9 MARKET ANALYSIS 10 INDUSTRY ANALYSIS 10 Target marke 10 customer profile 11 major competitors and participants 12 market segmentation 12 PROJECTED MARKET GROWTH AND MARKET SHARE OBJECTIVES 13 PRODUCT AND SERVICE OFFERING 13 PRODUCT AND SERVICE UNIQUENESS 14 PRODUCT AND SERVICE DESCRIPTIONS 14 COMPETITIVE COMPARISON 15 research and developmentRead MoreSanitary Napkins Situational Analysis13655 Words à |à 55 Pagesterms of trying out new products, allowing a greater volume level ushered in by hygiene needs and further encouraged by the cheaper prices. 2 Table 2 Retail Sales of Sanitary Protection by Subsector: % Value Growth 2000-2005 % current value growth Tampons Towels - Standard towels - Ultra-thin towels Pantyliners Feminine hygiene wipes Sanitary protection 2004/05 4.8 4.7 7.4 4.0 5.0 4.7 2000-05 CAGR 5.6 5.3 11.0 5.2 5.6 2000/05 TOTAL 31.4 29.6 68.5 28.8 31.2 Source: Official statistics, trade associationsRead MoreDamodaran Book on Investment Valuation, 2nd Edition398423 Words à |à 1594 Pagessuccessfully investing in and managing these assets lies in understanding not only what the value is but also the sources of the value. Any asset can be valued, but some assets are easier to value than others and the details of valuation will vary from case to case. Thus, the valuation of a share of a real estate property will require different information and follow a different format than the valuation of a publicly traded stock. What is surprising, however, is not the differences in valuation techniques
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.