7 lamei BusinessFinance.ppt

Unit Seven Business Finance Brief Introduction to the Unit: Each of the three articles in this unit tell about one aspect of the world of business and finance. Questions to Consider? Survey the whole unit quickly to find out answers to the following questions: What specific aspect of the business and financial world does each article focus on? Answer to Question 1 Text A: MA of big businesses Text B: Advice from famed CEOs. Text C: The credit spending in China. Text A Land of the Giants: PG megadeal with Gillette is just the latest in a new wave of merger mania. Investors beware By Daren Fonda Background Information PG (Procter Gamble) :founded in 1837, headquartered in Cincinnati, Ohio. Fiscal year 2003-2004 PG had a sales of $51.4 billion, ranked top 86 among Fortune 500. Over 100,000 employees worldwide, more than 80 branches, 300 plus product lines. Right Guard deodorant: Mach3 razors: Gillette: Right Guard In its original aerosol form, Right Guard deodorant was introduced in 1960 as the first deodorant marketed for the family. Right Guard has been an important brand, in many forms and variations, for the past 40 years. Right Guard antiperspirant was added to the line in 1968; first roll-on, in 1975; first pump, in 1977; Right Guard solid antiperspirant in 1981; and Right Guard clear gel in 1993. Right Guard Xtreme Sports, designed specifically for active people, was launched in 2000. Kmart: USA nationwide retailer featuring everything from clothing to electronics to sporting goods. Website offers internet access plans. Sears: a U.S. chain store for appliances, Craftsman tools and parts, lawn and garden, apparel and home improvement services. Nextel: Provides wide array of digital and analog wireless communication services, including mobile telephone and two-way radio dispatch, paging and alphanumeric short-messaging services. Sprint: Global provider of voice, data and Internet services. SBC, the Baby Bell: NEW YORK (CNN/M