Explain the decline in frito-lay market share

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Reference no: EM132391983

In 1932, C.E Doolin purchased a bag of corn chips at a small San Antonio cafe. He liked them so much that he purchased the recipe and began selling them from his Model T Ford. He named them FRITOS. Also in 1932, Herman W. Lay began a potato chi business in Nashville, calling it the H.W. Lay Company. In 1961, the two companies merged to form Frito-Lay, Inc. Today, Frito-Lay's main brands are Fritos, Lay's, Doritos, Tostitos, Cheetos, Ruffles, and snack chip industry in the United States. Currently, the company has about 48,000 employees in the U.S and Canada.

Frito-Lay management recently identified that is was losing market share. The management at Frito-Lay would like to further investigate this situation and explain the decline in the Frito-Lay market share. Identify and describe three sources of data that can be used for this evaluation. Discuss how each of these data sources will help to explain the decline in Frito-Lay market share.

Reference no: EM132391983

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