The Impact Of Government On Pepsico

Course Project Author Name University Name The impact of government on PepsiCo The world is turning against soft drinks and junk foods, and that’s one of the reasons why governments order PepsiCo and Coca-Cola to limit the production of soda and snack foods. These days, governments around the world are trying to convince citizens to not drink soft drinks due to their side effects. That has directly impacted PepsiCo’s business, because if more and more people will stop consuming soda, how would they increase their sales and generate revenues. PepsiCo, being a soda giant, is now making significant changes to its soda products and intends to diversify its offering outside of sugary drinks. Meanwhile, they have submitted requests to governments to lower the taxes on sweetened soft drinks and snack foods (Ozturk & Takhar, 2017). The need for appropriate regulatory oversight of PepsiCo Threatened by government regulations and critical public opinions, PepsiCo has set some rules and regulations to ensure that all of its snack foods and soft drinks come up the expectations of consumers. They aim to produce and market health-friendly soda so that the consumers don’t stop using their products. In a sense, there is a strong need for appropriate regulatory oversight because soda and snack foods are responsible for various diseases, such as diabetes, obesity, and others. The food industry has made visible pledges to stop the marketing of junk foods, and PepsiCo and Coca-Cola are forefront in this regard (Venkataraman & Summers, 2017). The classes of political strategy There are different classes of political strategies, such as hiring external experts, using objective information, controlling agendas, and creating win-win solutions. Various experts are hired to focus on every class and to ensure that companies like PepsiCo produce and market only what is health-friendly and beneficial to consumers. For example, in the Win-Win Solution class, managers use different political strategies to exert power. They aim to keep businesses running, and for this, the...