Procter And Gamble: Consumer Products Giant

Procter & Gamble: Consumer Products Giant Procter & Gamble is known today as the numerate unity maker of household products in the world. It has withstood the ravel of time, as this retail giant is in the midst of its 168th year. The union is a multibillion dollar business, with net gross sales expected to be somewhat $75 billion in 2005 (Hoovers 1). Procter and Gamble, or P& G as it is usually called, is currently the smart set derriere more(prenominal) than twenty products who average yearly sales of over $1 billion (Hoovers 2). The caller-out has a rich and long history, and is put to work to boom in this new millennium. Procter and Gamble’s reaches spread far out in to most classifications of consumer goods, but the company’s products fall primarily into three categories: beauty cook; health/family care; and household care (Hoovers 1). The purpose of this news program report is to provide a history of Procter and Gamble, handstion ump teen of the many products the company produces, and to make some predictions of my own as to the inflowing of the company. Procter and Gamble officially made its start on October 31, 1837 (Wiki 1). The ii hands behind the creation of the company were William Procter, a slurred disk maker, and James Gamble, a soap maker.

The two men were European immigrants from England and Ireland, respectively, and had both met in Cincinnati after they married sisters. passim the low twenty plus years of the company’s existence, the men made a living for themselves by interchange mainly soap and candles. The ir first logo, the stars and the man in the ! moon, began be on boxes of candles in 1850 (PG 2). In 1859, the company’s sales reached the one million dollar mark. At that time the company however employed eighty people (PG 2). In 1862, P & G was awarded a contract from the United States of America to preparation the compact Army with soap and candles (PG 3). This contract provided the company with a dish out of income and, on top of that, it exposed the soldiers to...If you involve to get a full essay, order it on our website: OrderCustomPaper.com

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