Hersheys Food Corporation :: essays research papers

The Hershey Food Corporation is a very successful and quality business. Many products be manufactured by this corporation. Most relating, only not limited to hot chocolate. The corporation plays a role in deciding where products are produced. Hersheys has expanded to both Canada and Mexico, which calls for many corporate decisions. There are an amazing amount of products associated with Hershey. These let in 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... scarce why would we want to?Hersheys takes advantage of many different types of advertising. television set commercials and ads are very common. Sponsorships is also another very common way Hershey advertises. Hershey sponsors incessantlyything from ice skating shows, to racecars. The Hershey Food Corporation is very competitive so they film this type of advertising. However, the only 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 fruit 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, West 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 backs for the company. Devaluation in Brazil, Russias economic collapse, restructuring in china and the Asian financial crisis. World economics effect the Hersheys company as well. Another closer to home setback occurred with a pasta divestiture. simply 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 first opened his business. His personal philosophy revolved around sharing wealth with others and helping who he could. Even in the Great belief he employed as many people as he could. His business helped support an entire town, built around his factory.