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Strategic Analysis of Campbell’s Soup Company Introduction to the Organization The Campbell’s Soup

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Strategic Analysis of Campbell’s Soup Company
Introduction to the Organization
The Campbell’s Soup Company was founded in 1869, in Camden, New Jersey, USA by Joseph A. Campbell. It is globally recognized as a good quality, branded convenience food manufacturer and distributer. This company’s recognition and strength relies on three major business segments- Sauces and Soups, Confectionery and Crackers and Away from Home Meals. Joseph Campbell had originally introduced this company as a producer of canned soup, tomatoes, jellies, vegetables and meat.
In 1987, the company reluctantly hired Mr. Arthur Dorrance’s nephew Dr. John T. Dorrance trained in England. John had agreed to work for Campbell under the condition that he would buy his own …show more content…

Campbell’s is constantly modifying its products based on consumers health and fitness needs. This company currently maintains a vast consuming goods portfolio that includes famous consumer brands such as Pepperidge Farm, Prego, Pace and V8. This company produces variety of food products that are high quality for consumption and are also widely known as branded convenience food (CSC, 2009). As a number one soup manufacturer in the world which owns up to 70% of U.S market share has experienced a steady growth over the past few years despite the slow performance of the US economy. As the company has turned global its competitors extend from domestic to global markets.
Analysis of the Industry
The industry in which the company operates can be characterized as monopolistic competition. This is because, since there are no barriers to entry in this industry, threats of entry by potential entrants has made the industry some-what competitive. But the brand loyalty gained by the firms through massive advertising has rendered the firms within

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