The Pepsi Corporation began in 1893 when pharmacist Caleb Bradham formulated the drink. The first few decades for Pepsi were difficult due to the fact that Pepsi almost went bankrupt three times. The strategy of under pricing Coke in the 1930's paid off huge dividends for the Pepsi Corporation, and they were able to catch up some lost ground. Through the Second World War, Pepsi was struggling to compete with Coke because of the contract Coke …showed first 75 words of 3691 total…

…showed last 75 words of 3691 total…This would include regular reviews of progress with contingency plans in place to bring needed change. For example, if a new hire is not performing up to standards set by upper-level managers, then they will have meetings to discuss the performance gap as well as initiate more directive leadership. As long as they continue to "always review the way things get done..." then they are on the road to building a well-oiled machine in Russia.