TRANSNATIONAL CORPORATION - Nestlé Flashcards
1
Q
Background info on Nestlé.
A
- Largest food company in world based on revenues
- HQ in Vevey, Switzerland
- Formed 1905
2
Q
What are the products of Nestlé?
A
- Kit Kat
- Nescafé
- Vittel
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
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
