Ethics in Pepsico

4416 WordsDec 4, 201218 Pages
ETHICS-COMPANY PEPSICO Ethics Business ethics is the accepted set of moral values and corporate standards of conduct in a business organization. These standards of business behavior promote human welfare and the good. Business ethics are exhibited both as written and unwritten codes of moral standards that are critical to the current activities and future aspirations of a business organization. They can differ from one company to another because of differences in cultural perspectives, operational structures and strategic orientations. Therefore, different people have different beliefs about what constitutes ethical behavior. The law defines what is or not legal, but the distinctions between moral right and wrong are not always so…show more content…
Manufacturers should consistently deliver as per business objectives with sustainability at all levels. You should aim to improve your procurement practices by leveraging your resources at all levels efficiently. PepsiCo, one of the largest firms in the world in consumer products, remains a role model for being both socially and environmentally responsible, placing third worldwide in the “World’s Most Ethical Companies”. PepsiCo has adopted strict corporate standards that govern their operations and ensure accountability for their actions. Such policies cover areas of Corporate Governance, Human Sustainability, Environmental Sustainability and Talent Sustainability. Despite all the effort applied in these policies and standards, the company has still faced some problems related to unethical practices. PepsiCo is a world leader in convenient snacks, foods, and beverages, with huge revenues and over 285,000 employees. PepsiCo was founded in 1965 through the merger of Pepsi-Cola and Frito-Lay. Tropicana was acquired in 1998 and PepsiCo merged with the Quaker Oats Company, including Gatorade, in 2001. PepsiCo owns some of the world’s most popular brands, including Pepsi Cola, Mountain Dew, Diet Pepsi, Lay’s, Doritos, Tropicana, Gatorade, and Quaker. Its brands are available worldwide and it reports its operations results in six segments: PepsiCo Americas Beverages (PAB), Frito Lay North America (FLNA),
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