Nestlé's business practices were called into question after a number of infant deaths in developing countries - where mothers had given up breastfeeding in favor of the company's manufactured formula. Had Nestlé overlooked health concerns in favor of profit? Had the company neglected to inform consumers about the proper ways to use their products?
In Nestlé: The Secrets of Food, Trust and Globalization, author Friedhelm Schwarz looks beyond the baby formula scandal, offering an insightful, informative history of one of the world's largest multinationals - from the company's formation in 1866 to the post-scandal era, from founding fathers to current CEO Helmut Maucher. Readers will learn about the company's organization and business practices, its successful globalization, and its efforts to diversify. Discussions of genetically altered food, world hunger, and doing business in the third world are also included.
With its objective, comprehensive approach, Nestlé: The Secrets of Food, Trust and Globalization stands as an important contribution to the business history genre.
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