In July 2014 Italy's Ferrero – maker of Nutella chocolate spread and Ferrero Rocher chocolates – purchased Turkey's largest hazelnut company, Oltan Gida. Ferrero's acquisition of Oltan Gida was viewed as an attempt to secure the company's supply of hazelnuts for use in its products. Why it Vertical integration?
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In July 2014 Italy's Ferrero – maker of Nutella chocolate spread and Ferrero Rocher chocolates – purchased Turkey's largest hazelnut company, Oltan Gida. Ferrero's acquisition of Oltan Gida was viewed as an attempt to secure the company's supply of hazelnuts for use in its products. Why it Vertical integration?
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- How does KFC deals with tax evasion and tax avoidance?Pakistan International Airlines is the national flag carrier of the Islamic Republic of Pakistan. PIA was founded on October 23, 1946, as Orient Airways based in Calcutta (now Kolkata) in British India. In 1955, Orient Airways was nationalized and merged with other airlines to form ‘Pakistan International Airlines.’ In the decades from the 1950s to the 1970s, PIA was ranked amongst the best airlines in the world. This was acclaimed to be the golden era for Pakistan International Airlines when it provided administrative and technical support to many other airlines, including Emirates. Some of the aviation records set by PIA pilots in yesteryear still stand to this day. Today, PIA is wracked by many administrative and human resource-related problems notably corruption, inefficiency, favoritism, nepotism, and overstaffing. Safety has also become a major concern after numerous scandals relating to the qualifications of PIA personnel, the EU ban, and the recent crash in Karachi in May 2020,…Pakistan International Airlines is the national flag carrier of the Islamic Republic of Pakistan. PIA was founded on October 23, 1946, as Orient Airways based in Calcutta (now Kolkata) in British India. In 1955, Orient Airways was nationalized and merged with other airlines to form ‘Pakistan International Airlines.’ In the decades from the 1950s to the 1970s, PIA was ranked amongst the best airlines in the world. This was acclaimed to be the golden era for Pakistan International Airlines when it provided administrative and technical support to many other airlines, including Emirates. Some of the aviation records set by PIA pilots in yesteryear still stand to this day. Today, PIA is wracked by many administrative and human resource-related problems notably corruption, inefficiency, favoritism, nepotism, and overstaffing. Safety has also become a major concern after numerous scandals relating to the qualifications of PIA personnel, the EU ban, and the recent crash in Karachi in May 2020…