chiquita
TRANSCRIPT
ChiquitaGroup3
RizwanFredaYuya
Leading fresh fruit producer.
25,000 employees in 70 countries
Major banana supplier in Europe and N. America
44 % share in the world (2009).
Introduction
$36m Chiquita’s Operations in Colombia
Autodefensas Unidas de Colombia (AUD)
Paid AUD $1.7m between1997 to 2004
Sold operations in 2004
Lost of $9million & Fine for guilty, $25million
Ethical Dilemma Background
Stakeholder Theory
Chiquita
Governments
Employees
Competitors
Local communiti
es
NGOs
Customers
Shareholders
AUC
•Agree to pay•Refuse to pay•Exit the country
Chiquita’s Choice
Evaluation of Chiquita’s Choice
Financial Report $ 3,470.40 million in total revenue. $ 2,081.05 million in revenue of the banana
division (2009) (approx. 60% of Chiquita's sales) Market share 44 % share in the world (2009). Core value in business ethic e.g. Integrity, Respect, Opportunity and Respect Corporate Social Responsibility Social Accountability 8000 (SA8000) Ethical Trading Initiative (ETI)
Conclusion
Chiquita Brand International, Inc (2010) corporate social responsibility. Available from: http://www.chiquitabrands.com [Accessed on 4 December 2010].
David, E (2010) ‘Chiquita Faces New Claims Over Colombia Terrorism’ Bloomberg Business week , Available from: http://www.businessweek.com/news/2010-04-15/chiquita-faces-new-claims-by-families-over-colombia-terrorism.html [Accessed on 4 December 2010]
Bibliography
Appendix
$0.00
$500,000.00
$1,000,000.00
$1,500,000.00
$2,000,000.00
$2,500,000.00
Net sales in Banana division
2001 2002 2003 2004 2005
56%
20%
24%
Geographical Market in 2009
USOther core Europeothers
Thank you