Industry Background
SIC and NAICS
An industry as complex as the Food and Non-Alcoholic beverages industry must be coded by organizing smaller sub-categories when referencing the Standard Industrial Classification (SIC) system and the North American Industry Classification System (NAICS). These systems categorize industries using codes to aid in analytical research for Federal statistical agencies. (United States Census Bureau, 2012). A quick search using key words or the actual code will allow the viewer to see the definition and characteristics of the industry. For example, Soft Drink Manufacturing can be found using the NAICS code 312111 or the SIC code 2086. Under the NAICS system, Soft Drink Manufacturing is defined as, establishments manufacturing soft drinks and artificially carbonated waters. (United States Census Bureau, 2012). The SIC code 2086: Bottled and Canned Soft Drinks and Carbonated Water, is located under Division D: Manufacturing, in the sub-category Major Group 20: Food and Kindred Products. By definition, this industry is comprised of manufacturing establishments that specialize in the production of canned or bottled soft drinks and artificially carbonated water, such as soft drinks, tea, or coffee. (Occupational Safety and Health Administration [OSHA], 2012).
Industry characteristics The soft drink manufacturing industry is characterized by carbonated soft drinks and hot beverages like tea and coffee. The nonalcoholic beverage industry is the
A relatively new industry, the Australian bottled water manufacturing industry evolved out of the soft drink manufacturing industry during the 1990s. Soft drinks are those that do not contain alcohol. Soft drinks are distinguished from hard drinks—beverages such as distilled spirits,
6- Which will be the best method for cleaning and sanitizing equipments that cant be placed in dish machine or three compartment
The existing concentrate business is largely controlled by Coca-Cola Company (Coca-Cola) and PepsiCo (Pepsi), together claiming a combined 72% of the U.S. carbonated soft drink (CSD) market sales volume in 2009. Refer to Exhibit 1 for an illustration of the CSD industry value chain. For more than a century, Coca-Cola and Pepsi have maintained growth and large market shares through mastering five competitive forces, shown in Exhibit 2, that drive profitability and shape the industry structure.
In the early twentieth century, at the height of the progressive movement, “Muckrakers” had uncovered many scandals and wrong doings in America, but none as big the scandals of Americas meatpacking industry. Rights and responsibilities were blatantly ignored by the industry in an attempt to turn out as much profit as possible. The meat packers did not care if poor working conditions led to sickness and death. They also did not care if the spoiled meat they sold was killing people. The following paper will discuss the many ways that rights and responsibilities were not being fulfilled by the meat packing industry.
Food additives can be found in lots of food that most people consume. Although food additives can make our food look delicious and even taste better, they contain many dangerous chemicals that may affect our health. Food additives can cause health problems in a person’s lifestyle. Many people do not realize the harm it can cause to their bodies. There are many problems, but also solutions to this situation. The solutions to this situation are: stay away from all kinds of additives, do not eat food that are preservatives, read the labels carefully, and find the FDA signs.
Essay Question: In what ways does this movie demonstrate the “Iron Triangle” and its powerful influence in the manner that our government functions?
convenience and gas, fountain, vending, and mass merchandisers (primary part of “Other” in “Cola Wars…”
Food Inc. opens in an American supermarket and draws attention to the unnatural nature of year-round tomatoes and boneless meat. It pulls aside the curtain that is concealing the truth about food from the consumer. After the brief intro, the movie shifts its focus to the topic of fast food and its impact on the meat industries. Fast food virtually started with McDonald’s. When they decided to simplify their menu and hire employees that repeated one task over and over for minimum wage, the result was the fast food phenomenon that swept the United States, and then the world. Today, McDonald’s is the largest purchaser of beef and potatoes in the United States, and is one of the largest purchasers of pork, chicken, tomatoes, and apples. Though
Soft drink industry is very profitable, more so for the concentrate producers than the bottler’s. This is surprising considering the fact that product sold is a commodity which can even be produced easily. There are several reasons for this, using the five forces analysis we can clearly demonstrate how each force contributes the profitability of the industry.
(Assume that the amount of debt issued to reach the target debt-to-capital ratio is going to be maintained forever. Use the tax rates assumed in the attached Excel file).
Since the best way to segment the soft drink industry is through different age groups. The analysis of the research shows that about
Food is an essential constituent in human life. Nevertheless, some foods can be detrimental to a person’s organism by causing life-threatening diseases. For that reason, food safety comes into play. Food safety is a scientific discipline describing handling,
1. To get a feel for Peter Elbow’s “believing game,” write a summary of some belief that you strongly disagree with. Then write a summary of the position that you actually hold on this topic.
1. What is PepsiCo’s corporate strategy? Briefly identify the business strategies that PepsiCo is using in each of its consumer business segments in 2008.
When my family moved away from the place I grew up I began to have a major problem with my weight; I turned to food to comfort me. I somehow felt secure while eating and because of that psychological reassurance I got from the food, I was soon over weight. I knew I had to do something but that urgency would die when I would be introduced to a new flavor of Brewster’s ice cream or a limited time only supreme large fries that I saw advertised on the television or in a magazine. My self esteem and body-image suffered a great amount during those years of constant struggle. As I looked at pictures of celebrities, athletes, average people, friends, my sister and then myself, I noticed something, all of them were thin except me. After this and