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Chiquita Group3 Rizwan Freda Yuya

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Page 1: Chiquita

ChiquitaGroup3

RizwanFredaYuya

Page 2: Chiquita

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

Page 3: Chiquita

$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

Page 4: Chiquita

Stakeholder Theory

Chiquita

Governments

Employees

Competitors

Local communiti

es

NGOs

Customers

Shareholders

AUC

•Agree to pay•Refuse to pay•Exit the country

Page 5: Chiquita

Chiquita’s Choice

Page 6: Chiquita

Evaluation of Chiquita’s Choice

Page 7: Chiquita

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

Page 8: Chiquita

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

Page 9: Chiquita

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

Page 10: Chiquita

Thank you