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Nestle Background Essay

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Below is an essay on "Nestle Background" from Anti Essays, your source for research papers, essays, and term paper examples.

Nestlé first started operating in Malaysia in 1912 as the Anglo-Swiss Condensed Milk Company in Penang, and later in 1939, it expanded and moved to Kuala Lumpur. The Company is one of the oldest brands in Malaysia. It has grown together with the nation and was publicly listed on the KLSE now known as Bursa Malaysia Berhad on 13 December, 1989. Today, Nestlé markets more than 300 halal products and have around 4000 employees. Under the leads of Mr. Alois Hofbauer, the current managing director of Nestle Malaysia, the company ended the year as one of the top 5 best performing companies in terms of market capitalization. The company achieved a total of 719,054 profit before tax which is 15% of turnover. This amount is the highest among this recent 5 years.
Quality is the key to Nestlé’s success. The company guarantees to provide full satisfaction to consumers with the Nestlé Quality System applied throughout the Nestlé worldwide. It innovates further and renovates existing products constantly to make sure they are more nutritious and healthier. Besides, Creating Shared Value has become part of Nestlé’s everyday business operations where value can be created both for society and the shareholders. Nestlé reaches out to the community in many ways promoting healthy lifestyle to deliver the company promise to bring “good food, good life” to the member of society.
Moreover, Nestlé is committed to environmental saving business practices focusing on the need for natural resource preservation and energy conservation. The company invested in many environmentally friendly projects to work towards this aim.

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