The Financial Perspective, Essay Example

Proctor and Gamble is a multinational company that deals in consumer products and it has its headquarters in the United States. Examples of these customer products are products for health, beauty and household care. As stated by Cruell, Hemphill, Seawrigh & Toney (n.d.) Proctor and Gamble’s Vision is to gain global recognition as the producer and provider of the best consumer products and services. They also highlighted that the mission of “Procter and Gamble will continue to serve consumers by continuously innovating products that will allow us to be leaders in household and personal care, health care, and food products.  To produce products with the utmost care to give nothing but quality to our communities.  And to continue to grow so that we can maximize our shareholder’s wealth.”

The company’s financial performance has been impressive because it has managed to pay higher dividends to its shareholders that the average dividends paid by other companies in the industry. The sales and net income average for five years is also above the industry’s which is a good sign. The management’s efficiency is also remarkable compared to the standards set for the industry. The income and revenue ratio is sufficient enough to cover the employees. The financial condition is also promising when checked against the liquidity ratios and profit ratios.

(Proctor and Gamble 2010)

References

Cruell C., Hemphill K., Seawright, A., Toney, J. (n.d.). Executive Summary. Retrieved on 22 April, 2010 from http://faculty.winthrop.edu/robbinsk/MGMT…

Proctor and Gamble (2010). Retrieved on 22 April, 2010 from http://www.pg.com/en_US/sustainability/strategy_goals_progress.shtml