General Mills Inc. – Understanding Financial Statements a.) General Mills makes money through producing various food products and distributing them all over the world. b.) The financial statements that are commonly prepared for external reporting purposes are the Balance Sheet‚ Income Statement‚ and Statement of Cash Flows. General Mills gives these statements a title of Consolidated Statements of Earnings‚ Consolidated Balance Sheets and Consolidated statements of Cash Flows. Consolidated
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General Mills faces extreme challenges in the external environment. Being a food company‚ and a very large one at that‚ they are regulated by several organizations and government agencies such as the FDA. They also claim most of their products to be very nutritious; therefore they must back their statements up. General Mills is a very important piece of the overall economy‚ being so large‚ so we are all external stakeholders. This is why they try to be socially responsible achieving #2 and #3 in
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Philosophy of Punishment: Deterrence General and Specific Sentencing Model: Indeterminate Sentencing For the philosophy of punishment I chose deterrence‚ specifically because of the goals and benefit this philosophy. The deterrence punishment is divided in to two separate categories. First on is the general deterrence‚ the goal of general deterrence is to prevent non-offenders (those who’ve not committed a crime) from committing crimes by exposing non-offenders to the reality
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past decades‚ organizational changes have become recurrent. It then became decisive for managers to perfectly understand this phenomenon in order to lead organizations to efficiency. The main objective of this report is to gain a better understanding of large scale organizational change. The different changes implemented by General Motors company in an attempt to cope with the economical crisis of 2008 is a perfect example of this concept. This paper details each change undertaken by the organization
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Market Orientation and Product Orientation This is an important distinction. Most businesses would today describe themselves as being ‘market oriented’ or ‘market led’. This approach requires market research and market analysis to indicate present and future consumer demand. The consumer is put first – the business attempts to produce what consumers want rather than try to sell them a product they may not really want to buy. It has advantages‚ especially in fast-changing‚ volatile consumer markets
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Orientation for New Students of LUT School of Business Please notice that there might be changes in the programme! Tuesday September 2 10.00 - 11.00 Welcome to LUT‚ Viipuri Hall 11.15 – 14.30 Info Sessions‚ rooms 1381 and 1383 (two parallel sessions) 14.30 – 15.30 Introduction to Finnish Culture‚ Viipuri Hall 15.30 – 17.00 Passwords & usernames for the LUT account from the Origo’s helpdesk (MSF‚ MIMM and MSM students)‚ guided by peer tutors 10.00 - 15.00 Welcome Fair‚ Main lobby‚ 3rd floor
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Format for report on ORIENTATION PROGRAM PHASE I – PLANNING THE EVENT OBJECTIVE – To come to a consensus as to which activities to choose from‚ the values we want to impart‚ and also to be of such kind which ensures participation from everyone i.e. all the mentors as well as the mentees‚ also keeping time constraints in mind. PROCESS – Brainstorming for various ideas‚ discussing it‚ mock playing to recheck if it works. Giving various responsibilities to different people & follow up.
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General Mills’ Acquisition of Pillsbury from Diageo PLC Lauren Sherlock Jason Park JP Zendman 12/9/2009  General Mills’ Acquisition of Pillsbury from Diageo PLC Situation Analysis: In December 2000‚ management at General Mills (GM) proposed a plan to acquire Pillsbury‚ a baked- goods producer‚ in a stock-for-stock exchange. Pillsbury is currently controlled by Diageo PLC‚ one of the world’s leading consumer–goods companies. The deal specifies that General Mills is to create
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1 General Mills’ Acquisition of Pillsbury from Diageo PLC 1. What are General Mills’ motives for this deal? Estimate the present value of the expected cost savings (synergies). In the spring of 1998 General Mills began studying areas where they could add to the company and advanced a strategy of acquisition-driven growth. General Mills has several motives for pursuing a deal to acquire Pillsbury. Pillsbury was identified as an ideal target due to its ability to complement General Mills’ other
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MGMT – 368 Business Ethics The Case of Malden Mills Introduction On December 11‚ 1995 a fire burned most of Malden Mills to the ground and put 3‚000 people out of work. Most of the 3‚000 thought they were out of work permanently. A few employees were with the CEO in the parking lot during the fire and heard him say “This is not the end.” With these words began a saga that has made Aaron Feuerstein a legend among American leaders and a hero to his employees‚ (Boulay‚ Art). Central Facts about
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