Thursday, April 25, 2019

Quaker Oats Company and Snapple Beverage Company Essay

Quaker Oats Company and Snapple Beverage Company - Essay drillThe company specialized in the manufacture of beverage, food, and oatmeal products. Management conflicts occurred among the three partners, with Crowell and Stuart being forced out(p) by Schumacher. However, the two returned through a proxy-share war that resulted in the ejection f Schumacher in 1901. It was later on this that they changed the name of the company to the Quaker Oats Company. In the process, the company changed its product line to specialize in oat, stalk cereals, corn meal, baby food, animal feeds, corn meal, and hominy. During the late 20th century, the Quaker Oats Company grow its product-line to accept hundreds of beverage and food products such as frozen waffles, pancakes, mixes, crunch breakfast cereals, Aunt Jemima syrup, among others. Since then, the company has expanded its operations to become a multinational organization with branches in over 25 countries across Asia, Europe, and Latin Ameri ca (Hill, Jones & Schilling, 2014).The Driving Forces behind the AcquisitionThe acquiring company paired Snapple with its Gatorade plant, thus forming the third steer non-alcoholic beverage producer in North America. The success story of the Snapple Co. was one of the driving forces behind the achievement plan. In the late 1980s and early 1990s, the Snapple dominated the media as the darling of the Wall Street. The companys profit margins had roared for close to a decade, thus drawing interests from other players in the industry.

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