TRANSNATIONAL CORPORATION - Nestlé Flashcards

1
Q

Background info on Nestlé.

A
  1. Largest food company in world based on revenues
  2. HQ in Vevey, Switzerland
  3. Formed 1905
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2
Q

What are the products of Nestlé?

A
  1. Kit Kat
  2. Nescafé
  3. Vittel
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3
Q

What are the positives of Nestlé?

A
  • Employment of locals - 60% of the people they employ are locals
  • Fixed benefits
  • Formed World Cocoa Foundation for sustainability and welfare of farmers
  • Nescafé Plan to increase sustainable coffee production
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4
Q

What are the negatives of Nestlé?

A
  • Maggi noodles - found in India had too much lead and monosodium glutamate
  • Nestlé’s Nan-Pro found to contain ‘live larvae’ in India
  • Slavery and trafficking on the Ivory Coast
  • Marketing of milk formula over breastmilk arguably led to deaths of children
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