Among other things, PepsiCo owns Pepsi soft drinks and Frito-Lay (Doritos, Ruffles, etc.). Determining which businesses PepsiCo will own is part of its…

Determining which businesses PepsiCo will own falls under its corporate strategy. Corporate strategy involves the overall plan for managing the company’s various business units and market positions. It encompasses decisions about which markets to enter, which businesses to acquire or divest, and how to allocate resources among different units. In PepsiCo's case, this could include decisions related to expanding its beverage portfolio, enhancing its snack offerings, or entering new product categories. This strategic planning is crucial for seeking growth opportunities, maintaining competitive advantages, and optimizing profitability across its diverse range of products. In summary, PepsiCo’s ownership decisions reflect its broader corporate strategy aimed at long-term success and market leadership.