A Look at Pepsi

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Category: Business and Industry

Date Submitted: 09/03/2011 06:08 PM

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Pepsi, or PepsiCo as it is known in the business started in in the late 1890’s and over time introduced Diet Pepsi, merged with Frito-Lay, and eventually Cheetos, Rold Gold pretzels, and Ruffles Potato Chips were added (PepsiCo, 2010). Now a company with annual revenues of more than $60 billion and over 258,000 worldwide employees, Pepsi has become a world leader in the snack and beverage industry. Financial records are key to any successful business, as well as the understanding that those on the outside; i.e. investors, and the general public, can have access to the financial and production records to see how the company is doing. Having a strong ethical backbone and expectations for employees from top to bottom is a vital way to keep the publics trust and affirmation as to where and what the company is doing. Making public the records of business, financial filings, and all other items related to the business, not only appease the publics mind, but also follow the strict SEC guidelines.

Ethics are described in the business world also as Corporate Ethics, and a explained as what a business does or can do to make a difference in their daily workings with others. This can be seen at PepsiCo with their many different forms of relationships it attempts not only between the fellow employees worldwide, but through programs and projects around the world that are looking to better the environments, and the lives of those who live it. PepsiCo seems to pride themselves on internal growth, promoting from within, valuing employees ideas and thought processes, as well as looking to better the world they all work in (PepsiCo, 2010). By speaking the truth, selling products they are proud of, and respecting others, PepsiCo has been able to build a strong, world-class business, all the while staying true to their own standards, as well as the standards of outside influences like the SEC, and other trade groups.

The Securities and Exchange Commission, or SEC as it is...