Changes for page Nestlé SA
Last modified by Md. Touhidul Islam on 2022/06/21 02:42
edited by Md. Touhidul Islam
on 2022/06/21 02:29
on 2022/06/21 02:29
edited by Md. Touhidul Islam
on 2022/06/21 02:30
on 2022/06/21 02:30
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... ... @@ -271,8 +271,10 @@ 271 271 272 272 However, the company is often criticised for several reasons like high water usage, anti-unionism, selling contaminated food, forced child labour and other unethical practices. The company is criticised for taking water off California to operate its bottled water business – Nestlé Waters North America (now Blue Triton after being acquired by a private equity firm in April 2021{{footnote}}https://www.nytimes.com/2021/04/29/us/nestle-water-california.html{{/footnote}}). Lawsuits have been filed against the company over the issue. In 2014, Nestlé recalled and destroyed 37,000 tons of contaminated Maggi noodles in India. This resulted in hundreds of millions in lost sales and damaged brand reputation. his resulted in hundreds of millions in lost sales and damaged brand reputation. Recently, the company had to recall various prepared dishes in the U.S., which may have contained pieces of glass. The company has to recall some of its products almost monthly. 273 273 274 -Such negative publicity heavily affects Nestlé’s business. 274 +Such negative publicity heavily affects Nestlé’s business.{{footnote}}https://strategicmanagementinsight.com/swot-analyses/nestle-swot-analysis/{{/footnote}} (see the “Controversy” section for full analysis). 275 275 276 +However, despite all the challenges and competition, the company is performing very well worldwide. The financial results and non-financial results reported by the company are positively optimistic. 276 276 277 277 279 + 278 278 {{putFootnotes/}}