Presentation About Procter and Gamble Essay

Procter & venture (P&G) is an Ameri ignore multinational consumer goods political party headquartered in downtown Cincinnati, Ohio, USA. Its products include foods, b everages, cleaning agents and personal c be products.2 In 2011, P&G recorded $82.6 billion dollars in sales. pot magazine ranked P&G at fifth place of the Worlds Most Admired Companies list, which was up from sixth place in 2010.3 Procter & guess is the only Fortune five hundred company toissue C Share common stock.citation needed Contents hide * 1 History * 2 Operations * 2.1 Management and staff * 2.2 Brands * 2.3 Productions * 3 Contr all oversies * 3.1 Price fixedness * 3.2 Toxic shock syndrome and tampons * 3.3 Animal testing * 3.4 Other products * 3.5 Logo controversy * 4 Notes * 5 External links -editHistoryWilliam Procter, a candlemaker, and James try, a muckmaker, emigrated from England and Ireland respectively. They settled in Cincinnati initially and met when they married sisters, Olivia and Elizabe th Norris.4 Alexander Norris, their father-in-law, called a meeting in which he persuaded his new sons-in-law to become business line partners. On October 31, 1837, as a go forth of the suggestion, Procter & Gamble was created. In 18581859, sales reached $1 one thousand thousand. By this point, approximately 80 employees worked for Procter & Gamble. During the American Civil War, the company won contracts to supply the Union Army with soap and candles.In addition to the increased profits experienced during the war, the military contracts introduced exchangeiers from all over the country to Procter & Gambles products. In the 1880s, Procter & Gamble began to market a new product, an inexpensive soap that floats in water. The company called the soap Ivory. William Arnett Procter, William Procters grandson, began a profit-sharing program for the companys workforce in 1887. By better-looking the workers a stake in the company, he correctly assumed that they would be less the likely to go on strike. The company began to build factories in opposite locations in the United States because the demand for products had outgrown the capacity of the Cincinnati facilities. The companys leaders began to diversify its products as well and, in 1911, began producing Crisco, a shortening make of veggie oils rather than animal fats. As radio became more popular in the 1920s and 1930s, the company sponsored a number of radio programs. As a result, these shows often became commonly known as soap operas.Procter & Gamble headquarters in subjecttownCincinnati, OhioThe company moved into other countries, both in terms of manufacturing and product sales, fitting an international corporation with its 1930acquisition of the Thomas Hedley Co., found in Newcastle upon Tyne, England. Procter & Gamble maintained a strong link to the North East of England after this acquisition. many new products and firebrand names were introduced over time, and Procter & Gamble began branching o ut into new areas. The company introduced Tidelaundry purifying in 1946 and Prell shampoo in 1947. In 1955, Procter & Gamble began moveing the first toothpaste to contain fluoride, known as Crest. Branching out once again in 1957, the company purchased Charmin Paper Mills and began manufacturing toilet authorship and other account products. Once again foc development on laundry, Procter & Gamble began making Downy fabric softener in 1960 and dance fabric softener sheets in 1972. iodine of the most revolutionary products to come out on the market was the companys Pampers, first test-marketed in 1961. Prior to this point disposable diapers were not popular, althoughJohnson & Johnson had highly- authentic a product called Chux. Babies always wore cloth diapers, which were leaky and labor intensive to wash. Pampers provided a convenient alternative, albeit at the environmental cost of more waste requiring landfilling.Procter & Gamble acquired a number of other companies that diver sified its product line and significantly increased profits. These acquisitions included Folgers Coffee, Norwich Eaton Pharmaceuticals (the makers of Pepto-Bismol), Richardson-Vicks, Noxell (Noxzema), Shultons Old Spice, Max Factor, and the IamsCompany, among others. In 1994, the company made headlines for big losses resulting from leveraged positions in interest rate derivatives, and subsequently sued Bankers Trust for fraud this placed their management in the unusual position of testifying in judiciary that they had entered into transactions that they were not capable of on a lower floorstanding. In 1996, Procter & Gamble again made headlines when the Food and Drug Administration approved a new product developed by the company, Olestra. Also known by its brand name Olean, Olestra is a lower-calorie substitute for fat in cooking potato chips and other snacks.Procter & Gamble has dramatically expanded throughout its history, but its headquarters still remains in Cincinnati. In Jan uary 2005 P&G announced an acquisition of Gillette, forming the largest consumer goods company and placing Unilever into second place. This added brands such as Gillette razors,Duracell, von Braun, and Oral-B to their stable. The acquisition was approved by the European Union and the Federal Trade Commission, withconditions to a spinoff of certain overlapping brands. P&G agreed to sell its SpinBrush battery-operated electric toothbrush business to Church & Dwight. It similarly divested Gillettes oral-care toothpaste line, Rembrandt. The deodorant brands Right Guard, Soft & Dri, and Dry Idea were sold to Dial Corporation.5 The companies officially unify on October 1, 2005. Liquid Paper, and Gillettes stationery division, Paper Mate were sold toNewell Rubbermaid.In 2008, P&G branched into the record business with its sponsorship of Tag Records, as an endorsement for TAG Body Spray.6 P&Gs dominance in many categories of consumer products makes its brand management decisions worthy o f study.7 For example, P&Gs corporate strategists must account for the likelihood of one of their products cannibalizing the sales of another.8 On August 24, 2009, the Ireland-based pharmaceutical company Warner Chilcott announced they had bought P&Gs prescription-drug business for $3.1 billion.9 P&G exited the food business in 2012 when it sold its Pringles snack food business to Kelloggs. The company had previously sold Jif peanut butter and Folgers drinking chocolate in separate transactions toSmuckers. Procter and Gamble is a tier one sponsor of the Londons Olympic Games 2012 and sponsors 150 Athletes. -editOperationsAs of July 1, 2011, the company organise is categorized into two Global business organization Units with each one further divided into Business Segments according to the companys 2011 Annual Report. Dimitri Panayotopoulos is Vice electric chair of Global Business Units10 * Beauty segment* Grooming segment* Health Care segment* Snacks & Pet Care segment* Fabric C are & plateful Care segment* Baby Care & Family Home Care segmenteditManagement and staffThe board of directors of Procter & Gamble currently has eleven members Robert A. Mc tireald, Angela Braly, Meg Whitman, Johnathan A. Rodgers, Ernesto Zedillo, Scott Cake, Patricia A. Woertz, Susan D.Desmond-Hellmann, Maggie Wilderotter, W. James McNerney, younger and Kenneth Chenault.11 In March 2011 Rajat Gupta resigned from the board after a SEC accusation ofGalleon Group in placementr trading.12 In October 2008, P&G was named one of Canadas Top blow Employers by Mediacorp Canada Inc., and was featured in Macleans newsmagazine. Later that month, P&G was also named one ofGreater Torontos Top Employers, which was announced by the Toronto Star newspaper.13 In May 2011 Fortune editor-at-large Patricia Sellers praised P&Gs board diversity, as five of the companys eleven current directors are female and take all been on Fortunes annual Most Powerful Women list.14 Procter & Gamble is a member of the U.S. Global leaders Coalition, a Washington, D.C.-based coalition of over 400 major companies and NGOs that advocates for a larger International Affairs Budget, which funds American diplomatic and development efforts abroad.15 editBrandsMain article List of Procter & Gamble brands26 of P&Gs brands have more than a billion dollars in net annual sales, according to the 2011 Annual Report and P&G Corporate Newsroom. Leadership Brands* Ace is a brand of laundry detergent/liquid available in numerous forms and scents. * Always is a brand of feminine care products.* Ariel is a brand of laundry detergent/liquid available in numerous forms and scents. * Bold is a brand of laundry detergent/liquid.* Bounce is a brand of laundry products sold in the United States and Canada. * Bounty is a brand of paper towel sold in the United States and Canada. * Braun is a small-appliances manufacturer specializing in electric shavers, epilators, hair care appliances and blenders. * Cascade is a brand of dishwashing products.* Charmin is a brand of toilet paper sold in the United States, Canada, and Mexico. * CoverGirl is a brand of womens cosmetics.* Crest/Oral B is a brand of toothpaste and teeth-whitening products. * Dash is a brand of laundry detergent/liquid.* Dawn/Fairy is a brand of dishwashing detergent.16* Dolce & Gabbana is an Italian fashion house.* Downy/Lenor is a brand of fabric softener.* Duracell is a brand of batteries and flashlights.* Eukanuba is a brand of pet food.* Febreze/Ambi Pur is a brand of air fresheners.* Fixodent is a brand of air denture adhesives.* Fusion is a brand of mens loaded shave razors.* Gain is a brand of laundry detergent, fabric softeners and liquid dish soap. * Gillette is a brand of safety razor and male grooming products. * stage & Shoulders is a brand of anti-dandruff shampoo and conditioners. * Herbal Essences is a brand of shampoo and conditioners. * Hugo Boss is a brand of fine fragrances.* Iams is a brand of pet food.* Luvs is a brand of baby diapers.* Mach3 is a brand of safety razor and male grooming products. * Max Factor is a brand of womens cosmetics.* Mister Clean is a brand of multi-purpose cleaner sold in the United States, Canada and Great Britain. * Olay is a brand of womens skin care products.* Old Spice is a brand of mens grooming products.* Oral-B is a brand of toothbrush, and oral care products. * Pampers is a brand of disposable diaper and other baby care products. * Pantene is a brand of hair care products (conditioners/styling aids). * Prestobarba/Blue is a brand of safety razor and male grooming products. * Prilosec is an over-the-counter drug.* Puffs is a brand of seventh cranial nerve tissue.* Rejoice/Pert is a brand of hair care products (conditioners/styling aids). * Safeguard is a brand of soaps.* Secret is a female anti-perspirant brand.* SK-II is a brand of womens and mens skin care products. * Swiffer is a brand of house-cleaning products.* Tampax is a brand of feminine care pr oducts.* Tide is a brand of laundry detergent.* genus Venus is a brand female hair-removal products.* Vicks is an over the counter medication.* Wella is a brand name of hair care products (shampoo, conditioner, styling, hair color). Most of these brandsincluding Bounty, Crest and Tideare global products available on several continents. Procter & Gamble products are available in North America, Latin America, Europe, the Middle East, Africa, Asia, Australia and New Zealand. Manufacturing operations are based in the following regions * United States * Canada * Philippines * Mexico * Latin America * Europe * China (31 wholly owned factories) and other parts of Asia * Africa * Australia editProductionsThe P&G production archaean 1985 to 2007 logotype used fromProcter & Gamble produced and sponsored the first radio soap operas in the 1930s (Procter & Gambles being known for detergentssoapswas the genesis of the term soap opera)citation needed. When the medium switched to television in t he 1950s and 1960s, most of the new serials were sponsored and produced by the company. The serial The Young and the Restless is currently broadcast on CBS and is still partly sponsored by Procter & Gamble. When As the World Turns left the air on September 17, 2010, The Young and the Restless, became the only soap left that is partially sponsored by Procter & Gamble. These past serials were produced by Procter & Gamble* Another World * As the World Turns * The Brighter Day * The Catlins * The Edge of Night * The First Hundred Years * From These Roots * Guiding Light * Lovers and Friends / For Richer, for Poorer * Our hugger-mugger World * Search for Tomorrow * Somerset * Texas * Young Doctor Malone Procter & Gamble also was the first company to produce and sponsor a prime-time show, a 1965 spinoff of the mean solar day soap opera As the World Turns called Our Private World. In 1979, PGP produced Shirley, a prime-time NBC series starring Shirley Jones which lasted thirteen episode s. They also produced TBS first original comedy series, Down to Earth, which ran from 1984 to 1987 (110 episodes were produced).They also distributed the syndicated comedy series Throb. Procter & Gamble Productions originally co-produced Dawsons Creek with Sony Pictures Television but withdrew before the series premiere due to early mechanical press reviews. It also produced the 1991 TV movie A Triumph of the Heart The Ricky Bell Story, which was co-produced by The Landsburg Company. It also produces the Peoples Choice Awards. In addition to autogenic items, Procter & Gamble also supports many Spanish-language novellas through advertising on networks such as Univision, Telemundo, Telefutura, and Azteca America.Procter & Gamble was one of the first mainstream advertisers on Spanish-language TV during the mid-1980s.citation needed In 2000, the companys self care BeingGirl website was launched.17 In 2008, P&G expanded into music sponsorship when it joined Island Def Jam to create Tag Records, named after a personate spray that P&G acquired from Gillette. In April 2010, after the cancellation of As the World Turns, PGP announced they were officially phasing out of the soap industry, and expanding into more family appropriate programming.1819 Procter & Gamble also gave a $100,000 contract to the winners of Cycle 1 through 3 of Canadas Next Top Model, wherein Andrea Muizelaar, Rebecca Hardy and Meaghan breakwaterer won the prize. -editControversieseditPrice fixingIn April 2011, P&G was fined 211.2m euros by the European Commission for establishing a price-fixing cartel in Europe along with Unilever, who was fined 104m euros, and Henkel (not fined). Though the fine was set higher at first, it was discounted by 10% after P&G and Unilever admitted running the cartel. As the provider of the tip-off leading to investigations, Henkel was not fined.20 editToxic shock syndrome and tamponsToxic shock syndrome (TSS) is a disease caused by strains of the bacteria Staphyloco ccus aureus. Most people have these bacteria living in their bodies as harmless commensals in places such as the nose, skin, and vagina. The disease can strike anyone, not only women, but the disease is often associated with tampons. In 1980, 814 menstrual-related TSS cases were reported 38 deaths resulted from the disease.The majority of women in these cases were documented as using super-absorbent synthetic tampons, particularly the Rely tampon created by Procter & Gamble.21 The Rely tampon was so super-absorbent that one by itself could in fact hold one fair sexs entire menstrual period flow. Unlike other tampons made of cotton and rayon, Rely used carboxymethylcellulose and compressed beads of polyester for absorption. In the summer of 1980 the Centers for malady Control released a report explaining how these bacterial mechanisms were leading to TSS. They also stated that the Rely tampon was associated with TSS more than any other brand of tampon. In September 1980, Procter & G amble voluntarily recalled its Rely brand of tampons from the market and agreed to provide for a program to notify consumers. Since the 1980s, reported cases of TSS have dramatically decreased.22 editAnimal testingOn June 30, 1999, Procter & Gamble announced that it would limit its animal testing practices to its food and drug products which represents roughly 80% of its product portfolio.23 The company invested more than $275 million in the development of alternative testing methods.24 Procter & Gamble has received criticism from animal advocacy group PETA for the practice of testing on animals.25 editOther productsIn celestial latitude 2005, the Pharmaceutical division of P&G was involved in a dispute over research involving its osteoporosis drug Actonel. The case was discussed in the media.26 In October 2007, a class action lawsuit was filed in the State of Georgia alleging that many users of Crest Pro-Health mouthwash, with the active ingredient Cetylpyridinium chloride, suffere d stained teeth and loss of their sense of test as a result.27 Procter & Gamble contends that these side effects occur in only three percent of users.27 The suit seeks to include disclosure warning users of these side effects on product packaging. editLogo controversyFormer P&G logoP&Gs former logo originated in 1851 as a crude cross that barge workers on the Ohio River painted on cases of P&G star candles to identify them. P&G later changed this symbolisation into a trademark that showed a man in the moon overlooking 13 stars, said to commemorate the original 13 colonies.28 The company received unsought media publicity in the 1980s when rumors spread that the moon-and-stars logo was a satanic symbol. The accusation was based on a particular passage in the Bible, specifically Revelation 121, whichstates And there appeared a great wonder in heaven a womanclothed with the sun, and the moon under her feet, and upon her head a crown of 12 stars.P&Gs logo consisted of a mans face on t he moon surrounded by 13 stars, and some claimed that the logo was a mockery of the heavenly symbol alluded to in the aforementioned verse, thus construing the logo to be satanic. Where the flowing beard meets the surrounding circle, three curls were said to be a mirror image of the number 666, or the reflected number of the beast. At the top and bottom, the hair curls in on itself, and was said to be the two horns like those of a ram. These interpretations have been denied by company officials, and no evidence linking the company to the Church of Satan or any other occult organization has ever been presented.The company unsuccessfully sued Amway from 1995 to 2003 over rumors forwarded through a company voicemail system in 1995. In 2011 the company successfully sued individual Amway distributors for reviving and propagating the false rumors.29 The moon-and-stars logo was discontinued in 1985 as a result of the controversy.30 -editNotes1. a b c d e f 2011 Earnings Report, The Procte r & Gamble Company. The Procter & Gamble Company. Retrieved May 6, 2012. 2. Procter & Gamble board meets amid CEO reports.Boston Herald. Associated Press. June 9, 2009. Retrieved May 5, 2012. 3. P&G Ranks fifth Overall, 1st in Our Industry and a Green Star Among Fortune Magazines Worlds Most Admired Companies (Press release). Procter & Gamble. March 3, 2011. Retrieved May 5, 2012. 4. Dyer, Davis Dalzell, Frederick Olegario, Rowena (2004).Rising Tide Lessons from 165 Years of Brand Building at Procter & Gamble. Harvard Business School Press. ISBN 1-59139-147-4. 5. Wherrity, Constance (February 21, 2006). Dial Agrees to Buy P&G Deodorant Brands. Pierce Mattie overt Relations New York blog. Retrieved May 5, 2012. 6. P&G essential persist in With Caution. Marketing Doctor Blog. July 10, 2008. Retrieved May 5, 2012. 7. How To Learn From GE and P&G When The World Is About To Change. Marketing Doctor Blog. June 6, 2008. Retrieved May 5, 2012. 8. Horstman, Barry M (October 11, 200 5). John G. Hankus He rebuilt P&G and city, too.The CincinnatiPost. Archived from the original on April 5, 2005. 9. Cordieiro, Anjali Loftus, Peter (August 25, 2009). Warner Chilcott to pay $3.1 for P&Gs drug business. The Wall Street Journal. Retrieved May 5, 2012. 10. Dimitri Panayotopoulos Vice chairman. Pg.com. Retrieved February 15, 2012. 11. Board Composition business leaders, law, American Express. Pg.com. Retrieved February 15, 2012. 12. P&G ciphers P&G News Events, Multimedia, Public Relations (Press release). Pg.com. December 31, 2011. Retrieved February 15, 2012. 13. Reasons for Selection, 2009 Canadas Top 100 Employers Competition. 14. Sellers, Patricia (May 5, 2011). P&G rates an A for board diversity. CNN Money. Retrieved May 5, 2012. 15. U.S. Global Leadership Coalition, Global Trust members. Usglc.org. Retrieved May 5, 2012. 16. Dawn. Dawn-dish.com. Retrieved May 5, 2012.17. Dancing tampons. Wired. July 26, 2000. Retrieved May 5, 2012. 18. Levine, Rober t (July 7, 2008). Its American Brandstand Marketers Underwrite Performers. New York Times. Retrieved May 5, 2012. 19. P&G Must Proceed With Caution. Marketing Doctor Blog. July 10, 2008. Retrieved May 5, 2012. 20. Unilever and Procter & Gamble in price fixing fine. BBC News. April 13, 2011. 21. Mikkelson, Barbara Mikkelson, David (December 31, 2005 December 31). Tampax Pearl. Snopes.com. Retrieved May 5, 2012. 22. Mcpherson, Marianne (March 2005). Sexual Anatomy, Reproduction, and the menstrual Cycle. Boston Womens Health Book Collective. Retrieved May 5, 2012. 23. Canedy, Dana (July 1, 1999). P.& G. to End Animal Tests For Most Consumer Goods.The New York Times. Retrieved May 5, 2012. 24. Animal Welfare and Alternatives. Procter & Gamble. Retrieved May 5, 2012. 25. Liddick, Don (2006). Eco-terrorism radical environmental and animal liberation movements. Praeger Publishers.ISBN 978-0-275-98535-6. Retrieved May 5, 2012. 26. Collated Media Reports. Thejabberwock.org. July 7, 2011. Retrieved May 5, 2012. 27. a b In The Superior Court Of Richmond County (PDF). Retrieved February 15, 2012. 28. Procter and Gamble v. Amway 242 F.3d 539. U.S. Court of Appeals, 5th Circuit. February 14, 2001. Retrieved May 5, 2012. 29. Procter & Gamble Wins Satanic Civil Suit. CBS Money Watch. February 11, 2009. Retrieved May 5,2012. 30. Witt, Howard (April 25, 1985). Corporate news Procter symbol succumbs to devilish rumor. Chicago Tribune. -editExternal links Cincinnati entre Ohio portal Companies portal Wikimedia Commons has media related to Procter & Gamble * Official websiteshow * v * t * eProcter & Gamble Co.show * v * t * eComponents of the Dow Jones Industrial Averageshow * v * t * ePharmaceutical companies of the United Statesshow * v * t * eSelected Royal Warrant holders of the British Royal FamilyView page ratingsRate this pageWhats this?TrustworthyObjective realisedWell-writtenI am highly knowledgeable about this topic (optional)Submit ratingsCategories* Compa nies listed on the New York Stock Exchange* Companies established in 1837* Companies based in Cincinnati, Ohio* Companies based in Geneva* Dow Jones Industrial Average* Manufacturing companies based in Ohio* National Medal of Technology recipients* Pharmaceutical companies of the United States* Procter & Gamble* Pulp and paper companies of the United States* Dental companies* Brand management* Worldwide Olympic sponsors* Create account* Log in* Article* Talk* Read* Edit* View history-Top of FormBottom of Form* Main page* Contents* Featured content* Current events* Random article* Donate to Wikipediafundamental interaction* Help* About Wikipedia* Community portal* Recent changes* Contact WikipediaToolboxPrint/exportLanguages* * * * Catal* Dansk* Deutsch* Espaol* * Franais* * Hrvatski* Bahasa Indonesia* Italiano* * * Lietuvi* Magyar* * Bahasa Melayu* Nederlands* * norsk (bokml)* Polski* Portugus* Romn* * * Srpskohrvatski / * Suomi* Svenska* * Trke* * Ting Vit* * This page was last mo dified on 18 September 2012 at 2323. * Text is available under the Creative Commons Attribution-ShareAlike License additional terms may apply. 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