Week 3 EOC: Making Money for Good

                          Week 3 EOC: Making Money for Good   

            Companies  that  seems to  provide good customer  service,  sell desirable products , or are innovative  are  the  ones  that  have  longevity.  Nestle is an  profitable  corporation  that defines  what  it  means  to  make  money  for  good.

            The  Anglo-Swiss  Condensed  Milk  Company  was  founded  by  Charles  Page,  George  Page,  and  Henri  Nestle  in  1866  manufacturing  sweet  milk  and  milk  chocolate. In 2011 Fortune  Global  500 states “Food edged out energy in last year’s corporate profits race. Thanks to an asset sale, Swiss giant Nestlé was the most profitable company,followed by Gazprom and Exxon Mobil." (http://money.cnn.com/magazines/fortune/global500/2011/snapshots/)

The  ranking  do  not  surprise  me.  Nestle  has  made a  long  list  of  products  that  can  be  found  in  just  about  every  home.  Their  brands  include everything  form  milk  chocolate,  cereals,  coffee,  water,  Nestle  Quick,  to  frozen  food  products  like Lean  Cuisine,  Hot  Pockets,  and  Tombstone  Pizza. 

            Nestle  is  also  a  company  that  shows  it’s  concerns  in  medical  nutrition.

 The  food,  drink,  and  tobacco  giant states:

In June 2012 Nestlé Health Science organized a Satellite Symposium at the annual meeting of Health Technology Assessment International (HTAi) to show that there are good reasons for medical nutrition to be considered in HTA.

The symposium was successful in raising awareness about the effectiveness of medical nutrition, and it showed that medical nutrition offers value-for-money in a healthcare environment.(Product Development | Nestlé Globalwww.nestle.com › Home › R&D).

A  company  that  shows  they  care  about  their  consumers  health  will  always  continue  to  prosper  and  maintain  their  customers. We don’t  forget.

 Nestle  also continues  to  make nutritious breakfast  cereal  for  millions  of  families  everyday. According  to  Reuters,” Nestle  SA  and  General  Mills  Inc  will  cut  sugar  and  salt  in  the  children’s  breakfast  cereals  they  jointly  market  outside  North  America,  the  latest  attempt  by  major  food  companies  to  respond  to  health  concerns.” (http://www.moneycontrol.com/company-article/nestleindia/news/NI.) They  know it  is  important  to  provide  health  and  nutrition  to  children  all  around  the  world.  Their  responsibility and compassion to  their  customer are  reasons  why  they  have  been  around  and  will  be  around  for  decades  to  come.