首页
登录
职称英语
Bimbo Bimbo perhaps is the most popular local brand
Bimbo Bimbo perhaps is the most popular local brand
游客
2025-05-19
7
管理
问题
Bimbo
Bimbo perhaps is the most popular local brand in bakery in Mexico. Every day, its products including sliced bread. cakes, and snacks are delivered nationwide by trucks. Executives at the Mexico City company estimate that its army of deliverymen makes the equivalent of dozens of trips around the earth each day.
But Bimbo’s reach extends well beyond Mexico’s borders. On Jan. 22nd, it plunked down $610 million for the Western U. S. division of Canada’s George Weston Ltd. The deal gives Bimbo five bakeries and the rights to the Oroweat, Entenmann’s, Thomas’ English Muffins, and Boboli brands everywhere except in Canada and east of the Mississippi River. The share of Bimbo’s sales that comes from the U.S. will rise to 30% from 17% "This is a perfect fit for us." says Grupo Bimbo Chief Financial officer Guillermo Quiroz. It also builds on a $1.1 billion 12-year international expansion drive that has taken Bimbo into 16 countries from Chile to the Czech Republic, elevating it to the rank of No.3 baker worldwide. (8)
With a virtual monopoly at home. Bimbo has little choice but to look abroad for new avenues of growth. Yet even admirers of this Mexican blue chip wonder whether it has what it takes to succeed north of the Rio Grande. With the notable exception of cement maker Cemex, few Mexican companies have managed to turn a profit in the ultracompetitive U. S.
Vitro tried to crack the American glass-container market with its purchase of Anchor Hocking in 1989, but it threw in the towel seven years later. Grupo Carso, a leading conglomerate. is struggling to turn around troubled computer retailer CompUSA Inc., which it bought in 2000. (9) Mrs. Baird’s Bakeries, the Texas-based operation it acquired in 1998 for $300 million, is still in the red, and its collection of bakeries in California are just starting to break even. "The company doesn’t have a good track record of enhancing shareholder value through overseas acquisitions." says Deutsche Banc Alex. Brown Inc. food analyst Joaquín López-Dóriga. Indeed, while overall sales have climbed as a result of such purchases, profit margins are being squeezed.
So why aren’t Bimbo’s shareholders howling? (10) Bimbo spent $500 million last year on a share-buyback programme that left just 15% of shares actively traded. The company, which is controlled and run by the Servitje family, didn’t even have an investor-relations department until Quiroz came on board three years ago after a career in Mexico’s airline and banking businesses. Quiroz says Chief Executive Daniel Servitje Montull is committed to making Bimbo a more open company, paving the way for a possible New York Stock Exchange listing within two or three years.
Bimbo’s executives claim they’ve learned their lessons from past acquisitions. (11) They’ve also hired consulting firm Bain & Co. to convert the George Weston operation to the Bimbo way of doing business in just 100 days. That’s in stark contrast with the slow pace of integration of Mrs. Baird’s, where management dragged its feet in introducing Bimbo’s manufacturing and purchasing schemes.
With the Weston deal, Bimbo now boasts a roster of well-known American brands and a ready-built distribution network. Entenmann’s, for example, is No.1 in its market segment nationwide, but it still has plenty of room to grow in the western half of the country, where it is not as well-known. (12) "The Hispanic market is definitely an opportunity, and they’re in a better position to exploit it today than before," says López-Dóriga. But can Bimbo peddle Entenmann’s cookies as well as its jelly-filled Gansitos sweets? U. S. shoppers are about to find out.
A.Bimbo has had a spotty record with its prior U. S. investments, too.
B.Bimbo had an estimated profit of $188 million in 2001 on sales of $3.8 billion.
C.This means that Bimbo cannot accomplish its takeover.
D.They’re spending $50 million on a companywide information-management system from Oracle Corp.
E.It also gives the company access to a market estimated at 120 million consumers, 20% of whom are Hispanic, allowing the company to expand the reach of its existing bread and tortilla manufacturing facilities in Texas and California.
F.Because there aren’t that many of them. [br]
选项
答案
A
解析
前面介绍了很少有墨西哥公司能在竞争极端激烈的美国市场盈利,以Grupo Carso公司为例,说明拓展海外市场的不顺利。后一句指出Bimbo收购的企业经营不善,许多店面没有盈利。根据前句和后句所讲内容可判断,所缺句子应阐述Bimbo公司曾遇到哪些困难。而A项意为:Bimbo公司先前在美国的投资发展也不平衡。其中,a spotty record对应前一句中的is struggling to turn around和后一句中的in the red。
转载请注明原文地址:https://tihaiku.com/zcyy/4083628.html
相关试题推荐
KeikoWaldmanbecamesuccessfulby[br]KeikoWaldmanfindsthatpopularsports
YouwillhearashortmonologurtalkingaboutwhycarsaresopopularinAmerica
YouwillhearashortmonologurtalkingaboutwhycarsaresopopularinAmerica
YouwillhearashortmonologurtalkingaboutwhycarsaresopopularinAmerica
YouwillhearashortmonologurtalkingaboutwhycarsaresopopularinAmerica
YouwillhearashortmonologurtalkingaboutwhycarsaresopopularinAmerica
YouwillhearashortmonologurtalkingaboutwhycarsaresopopularinAmerica
Lookatthenotebelow.Youwillhearawomanenquiringaboutapopular
Lookatthenotebelow.Youwillhearawomanenquiringaboutapopular
BimboBimboperhapsisthemostpopularlocalbrand
随机试题
Thesechildrenlookedverynervousand______whentheywereonsuchabigstage
HowtoApproachaDissertationI.Whatisadissertatio
Youboughtthesweatershownbelowfromamailordercompany,WoollyWorld,15N
Aristotledefinedafriendas"asinglesouldwellingintwobodies".Member
类分、辨析出版物的依据有哪些?
《中华人民共和国著作权法》规定,著作权人向期刊社投稿,自稿件发出之日起( )内
静脉肾盂造影使用的造影剂是A.碘番酸 B.60%泛影葡胺 C.40%碘油
不属于统计的基本任务是对经济社会发展情况的是()。A.进行统计调查和分析 B.
—般来说,如果交易者自己规模较小,则对应的期货合约的交易单位就可以设计的大一些。
建设工程定额和指标中分项最细、定额和指标子目最多的是()。A、预算定额 B、
最新回复
(
0
)