Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
Evaluation of Entry into Ice cream Business - BRAC University ...
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2.0 BACKGROUND OF THE ORGANIZATION<br />
2.1 Global Unilever Group<br />
Unilever is one <strong>of</strong> the world’s leading suppliers <strong>of</strong> fast-moving-consumer-goods (FMCG), with 400<br />
brands spanning 14 categories <strong>of</strong> Home, Personal Care and Foods products. In fact, 150 million times<br />
a day people use Unilever products at key moments <strong>of</strong> their day. Unilever employs more than 206,000<br />
people in 150 countries and had worldwide revenue <strong>of</strong> just over US$47 billion or BDT 3290 billion in<br />
2009.<br />
Unilever has two parent companies - Unilever NV and Unilever PLC. Unilever N.V is a public limited<br />
company registered in the Netherlands and Unilever PLC is a public limited company registered in<br />
England and Wales. The two parent companies, NV and PLC, together with their group companies,<br />
operate as a single economic entity (the Unilever Group, also referred to as Unilever) with the same<br />
board <strong>of</strong> directors. Unilever's corporate centres are in London and Rotterdam.<br />
Unilever’s brand portfolio includes worldwide favourites: Lipton, Knorr, Dove, Axe and Vaseline. Their<br />
portfolio is diverse in response to the varying needs <strong>of</strong> their customers across the globe. Unilever<br />
<strong>of</strong>fers world-class brands, many <strong>of</strong> which are customized for local markets. Unilever invests €1 billion<br />
or BDT 94.4 billion every year in cutting edge research and development and has five laboratories<br />
around the world that explore new thinking and techniques to help develop their products. The<br />
following figure shows the portfolio <strong>of</strong> categories Unilever operates in:<br />
Figure 1: Unilever’s <strong>Business</strong> Areas and Sales Contribution<br />
The following are some recent highlights from Unilever’s three global divisions - Foods, Home Care<br />
and Personal Care:<br />
2.1.1 Home and Personal Care Divisions:<br />
� Lux became the first mass-marketed soap when it launched in 1924. Today it achieves annual<br />
global sales <strong>of</strong> over €1 billion<br />
<strong>Evaluation</strong> <strong>of</strong> <strong>Entry</strong> <strong>into</strong> <strong>Ice</strong> <strong>cream</strong> <strong>Business</strong> for Bangladesh Limited 5