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Thursday, April 4, 2013

Company Selection Paper: The Procter & Gamble Company.

The Procter & angstrom; Gamble follow (P&G) is a chump behemoth. The worlds #1 maker of household products courts market share and billion-dollar brands. P&Gs products fall(a) into three categories: global beauty anguish; global health, baby, and family care; and global household care. It also makes caress food and water filters and produces soap operas (As the World Turns). More than 20 of P&Gs brands are billion-dollar sellers (including Actonel, Always/Whisper, Bounty, Charmin, Crest, Downy/Lenor, Folgers, Iams, Olay, Pampers, Pantene, Pringles, Tide, and Wella). grabby P&G bought Clairol in 2001 and a volume of Wella in 2003. Its purchase of Gillette in late 2005 was its biggest buy in company history. (Hoover) On April 12, 1837, William Procter and James Gamble start fashioning and selling their soap and sees. On August 22, they formalize their production line relationship by pledging $3,596.47 apiece. The formal confederation agreement is sign-language(a) on October 31, 1837. The Moon and Stars began to appear in the 1850s as the wildcat trademark of Procter & Gamble. Wharf hands used the symbolic representation to distinguish boxes of Star Candles. By the 1860s, the Moon and Stars appeared on all beau monde products and correspondence. Once a staple of the Companys product line, candles declined in popularity with the invention of the electric light bulb. The Company discontinued candle manufacturing in the 1920s.

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In 1859, Twenty-two years after the partnership was formed, P&G sales reached $1 million. The Company now employed 80 people (P&G, Our History)

The Procter & Gamble Company was incorporated in Ohio in 1905, having been build from a business founded in 1837 by William Procter and James Gamble. Today, the Company manufactures and markets a broad range of consumer products in many countries end-to-end the world. The company markets over 300 branded products in more than 160 countries.

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