Have you ever tried being smart and naming the parent company of the grocery that you get in Saveway or SaveOn? Minute Maid is CoCa Cola. Tide is P&G…. brah brah brah. You are quite smart to know about these two. Therefore, I challenge you to read this marketing blog and do the questions on this blog.
http://www.adweek.com/adfreak/adweeks-brand-paternity-test-who-owns-what-148031
So…how did you do? For myself, I think I have done poorly, I don’t even know V8 or Subway is owned who (not saying I know the answers for the rest of the questions). I find this really surprising. Brands, like V8 and Subway, are already huge in the market, and then they are owned by even larger corporations. At this moment, I’m wondering the money that I spent everyday might be be given to only 3 to 4 people on this planet. That is sad. Anyways, so I have tried to search a picture that tells us how the companies that we have transaction with everyday are actually owned by what companies.


This gets even more shocking as I look through other business areas. This actually concerns me. It is not about how owns most of the company but it is about the business ethics that I learnt from the beginning of the class. What happens if all these major companies join together to be business unethical, ripping us off in different ways that we wouldn’t even notice or no way to fight back. If one day, all the construction companies join together and cut the consumption construction material just to increase their profit margin. Can the government even stop them? I don’t think so, if the construction companies all get suspended, the GDP of that country would drop sharply. In that case, can we do anything? Not going to buy the houses? So where are we going to live? This is getting even more scarier if you think of it in other business areas, for example, food and beverage.





