Essay

1. What kind of things does Pepsi do in regards to research and development?
PepsiCo's research and development refers to organized efforts to increase scientific knowledge or product innovation in communications, medicines, and space technology. PepsiCo gives to the community through the PepsiCo Foundation, the PepsiCo Community Affairs Department and PepsiCo divisions. The PepsiCo Foundation, PepsiCo and its divisions contributed approximately $26.4 million to nonprofit groups in 2002. The PepsiCo Foundation and its operating divisions gave grants to more than 1,000 community organizations, of which a significant portion were organizations championing diversity efforts. Organizations are also supported through gifts in-kind, such as product, premiums, printing, meeting arrangements, equipment donations, support of events, conventions, journals and meetings. The geographical area most at risk of HIV/AIDS impacts the health of people and of nations is Sub-Sahara Africa. As a company as PepsiCo with operations in Africa, PepsiCo actively works to address the associated health risk among its employees and in the community. As a global company and concerned corporate citizen, PepsiCo has joined with other businesses to fight HIV/AIDS on a worldwide basis. PepsiCo advise these vendors of PepsiCo's family companies' commitment to support minority economic development with respect to majority-owned companies and general contractors. PepsiCo encourages these suppliers to use minority and women vendors, distributors and qualified subcontractors as part of their service. PepsiCo also makes a great job on product innovation, such as "buying into the burgeoning industry through Pepsi Bottling Group (PBG, $23), the leading manufacturer and distributor in the U.S. of Pepsi's beverage brands. Bottlers are more exposed to the water business, since their fortunes aren't based on, say, how well Chester the Cheetah pushes Cheetos for Pepsi's Frito-Lay division. PBG, which is nearly...