Analysis of P&G 2010 Annual Report Term Paper Example | Topics and Well Written Essays - 1750 words

Analysis of P&G 2010 Annual Report - Term Paper ExampleThey were encouraged by their father-in-law to do a patronage together which they finally pursued and agreed to a joint venture after some years.Procter brought with him, his candle-making expertness while Gamble who was an experienced soap-maker offered his services. The family started off by selling candles and soap in the Ohio area. It became much of a family business when Procters eldest son went on to become the president of the corporation in 1890. Gambles eldest son, inducted the first ever laboratory in the companys accounting giving it its first ever Ivory soap.As of 2010, the company is manufacturing and selling 81 different brands. They locate from budget and household items for instance detergents and pampers to designer lines for instance Dolce and Gabbana and Burberry 5. As of 2009, the company garnered $79 meg in revenue. Of this $13 billion was in web earnings and this gave the company an earning margin of 14.3%. In 2008, the net revenues were 81.7 billion dollars. Procter and Gamble had also been in the news recently for their acquisition of Ambi Pur from the Sar Lee corporation for 320 one million million million Euros.Procter and Gamble provides consumer packaged goods. Its products are sold in more than 180 countries through mass merchandisers, market stores, drug stores, high frequency stores, neighborhood stores and membership club stores. These stores different consumer in developing marketings. P & G conducts on-ground operations in approximately 80 countries. As of June 30, 2010, the company had three Global championship Units Beauty and Grooming, Health and Well Being and Household care. 16% of its total revenue comes from sales to Wal-Mart.The company takes pride in focusing on strategies that they believe are right for the long-term health of the Company. They propose on increasing their organic sales from 1% to 2% faster than the market growth in categories in which t hey compete.