Hersheys Food Corporation :: essays research papers

The Hershey Food Corporation is a precise successful and quality business. Many products are manufactured by this corporation. Most relating, but not moderate to chocolate. The corporation plays a role in deciding where products are produced. Hersheys has expanded to both Canada and Mexico, which calls for numerous corporate decisions. There are an amazing count of products associated with Hershey. These include Jolly Ranchers, Hershey Kisses, Hershey drink mixes, the entire line of Reeses products as well as good old fashion chocolate bars. These products serve in the candy/snack foods division of sales. Society could do without them... but why would we want to?Hersheys takes advantage of many different types of advertising. Television commercials and ads are very common. Sponsorships is also another very common way Hershey advertises. Hershey sponsors everything from ice skating shows, to racecars. The Hershey Food Corporation is very competitive so they need this type of adve rtising. However, the exactly other major corporation to compete with is Mars. The chocolate industry is diffidently not pure competition. Mars and Hersheys form an oligopoly. Hersheys has so many different kind of products that they have a lot of competition. The company has branched out to where theyre not only competing against other chocolates but also for take candies, and baking chocolate and chocolate drinks as well. The fact that so many products are offered, extends the corporation to different divisions. Mexico and Canada have manufacturing plants. Seventeen manufacturing plants include Hershey, Pa (Hershey plant, Reese plant, watt Hershey plant0, Hazleton, PA, Lancaster, PA, Memphis, Tenn., Naugatuck, Conn., New Brunswick, NJ, Oakedale, CA, Palmyra, PA, Reading, PA, Robinson, Ill., Stuarts Draft, VA, Wheatridge, CO, Dartmouth, Nova Scotia, Montreal, Quebec, Smiths Falls, Ontario, and Guadalajara, Mexico.As successful as Hersheys is, some factors have influenced set bac ks for the company. Devaluation in Brazil, Russias economic collapse, restructuring in China and the Asian fiscal crisis. World economics effect the Hersheys company as well. Another closer to home setback occurred with a pasta divestiture. Evidently they tried a new venture in the pasta industry, but sold it because it just wasnt making enough money.Mr. Hershey treated his employees exceptionally well, ever since he prime(prenominal) opened his business. His personal philosophy revolved around sharing wealth with others and helping who he could. Even in the Great Depression he diligent as many people as he could. His business helped support an entire town, built around his factory.