首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Bimbo Bimbo perhaps is the most popular local brand in bakery in Mexico. Every day, its products including sliced bread. cak
Bimbo Bimbo perhaps is the most popular local brand in bakery in Mexico. Every day, its products including sliced bread. cak
admin
2012-01-22
56
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.
选项
答案
D
解析
前一句和后一句都是围绕Bimbo公司的经营进行描述的,因而所缺句子也应与经营管理相关。而D项意为:他们花费5000万美元用于向Oracle Corp.(一家跨国电子科技公司,专营研发企业软件)购买适用于公司的信息管理系统。此句承前启后,故为正确答案。
转载请注明原文地址:https://kaotiyun.com/show/x9oO777K
本试题收录于:
BEC中级阅读题库BEC商务英语分类
0
BEC中级阅读
BEC商务英语
相关试题推荐
•Readthetextbelowaboutcomputertrends.•Foreachquestion(31-40),writeonewordinCAPITALLETTERSonyourAnswerShee
•Readthetextbelowaboutcomputertrends.•Foreachquestion(31-40),writeonewordinCAPITALLETTERSonyourAnswerShee
•Readthetextbelowaboutcomputertrends.•Foreachquestion(31-40),writeonewordinCAPITALLETTERSonyourAnswerShee
•Lookatthestatementsbelowandatthereviewsofvariousnewbusinessproductsontheoppositepage.•Whichreview(A,B,C
•Lookatthestatementsbelowandatthereviewsofvariousnewbusinessproductsontheoppositepage.•Whichreview(A,B,C
•Readthetextbelowabouthowtoorderproducts.•Inmostofthelines(41-52)thereisoneextraword.Itiseithergrammat
•Readthetextbelowabouthowtoorderproducts.•Inmostofthelines(41-52)thereisoneextraword.Itiseithergrammat
•Readthetextbelowabouthowtoorderproducts.•Inmostofthelines(41-52)thereisoneextraword.Itiseithergrammat
•Readthetextbelowabouthowtoorderproducts.•Inmostofthelines(41-52)thereisoneextraword.Itiseithergrammat
随机试题
关于子宫脱垂,下列哪项是正确的()
依据《生产经营单位安全培训规定》,生产经营单位除主要负责人、安全生产管理人员、特种作业人员以外的从业人员的安全培训工作,由()组织实施。
下列关于计价错误的处理及责任承担的说法错误的是()。
下列说法中,正确的是()。
以下给出的是某国某年简化的国际收支平衡表,概括了该国该年主要国际收支项目的收支情况。(单位:亿美元)该国国际收支的总体状况是()。
民间非营利组织应当采用权责发生制作为会计核算基础。()
下列关于无形资产的表述中,正确的有()。
中国在对资本主义工商业实行社会主义改造的过程中,在利润分配上采取的政策是()
选取“产品投诉情况表”的“产品名称”列和“所占比例”列的单元格内容(不包括“总计”行),建立“分离型三维饼图”,数据标志为“百分比”,图表标题为“产品投诉量情况图”,插入到表的A8:E18单元格区域内。
WhatiswrongwithLosAngelesLakersstarShaquilleO’Neal?
最新回复
(
0
)