To minimize such instances the food and beverage industry have these laws in

To minimize such instances the food and beverage

This preview shows page 3 - 5 out of 5 pages.

manufactured are substandard. To minimize such instances, the food and beverage industry have these laws in place to ensure a standard product in the market. The laws are strict on the products' quality, and any company violating these laws risks closure of their business. The laws ensure fair competition in the industry by providing that all the companies are compliant with the laws making the standard for all the companies in the industry. For instance, if all the companies have a neutral environment, then it means that they all have the chance to compete fairly. For example, in an industry where there are many irregularities, the chances are that the violating companies are likely to make more sales and gain the upper hand over the law- abiding companies. This means that there will be instances of unfair competition in the industry. Therefore, the regulatory agencies ensure law compliance to promote the safety of the products for human consumption and fair competition in the industry. Besides, the laws and regulatory bodies in the food and beverage industry helps in ensuring that there are no instances of consumer exploitation through miscommunication and impulse advertisements.
Image of page 3
PEPSICO COMPANY 4 3. Differentiate it with its business in the United States. PepsiCo has a variety that it manufactures and distributes around the world through its subsidiary companies ( Lucas, 2019) . Therefore, the operations and success of the company are dependent on the individual performances of these brands. The company is among the leading
Image of page 4
Image of page 5

You've reached the end of your free preview.

Want to read all 5 pages?

  • Fall '16
  • John Smith
  • Consumer Product Safety Commission, PepsiCo Company

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors