The Most Revolutionary Concept In Education PLANMAN CHE CENTRE FOR HIGHER EDUCATION, Supported by IIPM India’s Leading B-School
Proud to be american?
There are many who have not only been able to beat the pants off competition in this slowdown, but are also popping the bubbly. Who cares if the playing field for them happens to be US – the place that’s facing the maximum brunt! From McDonalds to Wal-Mart and from Abbott to Kraft the list continues to go on.
So, while retailers across the globe have suffered from big drops in consumer spending, Wal-Mart continues to lure millions of consumers ever day. Wal-Mart has surged ahead of rivals, posting a net profit of $13.4 billion in the last 12 months (till March 31, 2009), a 5.4% rise yoy. Even McDonalds is holding onto its consumers and showing growth. Boosted by strong worldwide sales, its earnings for 2008 rose 86% to $4.3 billion. US drug-maker Abbott’s first-quarter sales this year soared by 16% to $6.71 billion. Even for the year ending December 31, 2008, Abbott posted a whopping 33.33% rise in net profit to reach $4.8 billion. While the financial services sector is among the worst affected, California-based Silicon Valley Bank is one that has weathered the storm better than its larger counterparts. Its total loans hit a record $4 billion last year, and Q3 deposits grew 18% yoy to $4.8 billion. Sales for US-based food & beverage giant Kraft’s boxed mac-and-cheese rose to $193.1 million in the first quarter of 2009, a 10% growth over the previous year. So, whether it’s by capitalising on their basic strengths or by being in the right businesses, which sell products and services related to basic necessities, these companies are witnessing surprisingly big upturns. Now that’s what they call, a sight for sore eyes!
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
ZEE BUSINESS BEST B SCHOOL SURVEY
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
1500-plus IIPM students placed across the country with 44 bagging international offers
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IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
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Proud to be american?
There are many who have not only been able to beat the pants off competition in this slowdown, but are also popping the bubbly. Who cares if the playing field for them happens to be US – the place that’s facing the maximum brunt! From McDonalds to Wal-Mart and from Abbott to Kraft the list continues to go on.
So, while retailers across the globe have suffered from big drops in consumer spending, Wal-Mart continues to lure millions of consumers ever day. Wal-Mart has surged ahead of rivals, posting a net profit of $13.4 billion in the last 12 months (till March 31, 2009), a 5.4% rise yoy. Even McDonalds is holding onto its consumers and showing growth. Boosted by strong worldwide sales, its earnings for 2008 rose 86% to $4.3 billion. US drug-maker Abbott’s first-quarter sales this year soared by 16% to $6.71 billion. Even for the year ending December 31, 2008, Abbott posted a whopping 33.33% rise in net profit to reach $4.8 billion. While the financial services sector is among the worst affected, California-based Silicon Valley Bank is one that has weathered the storm better than its larger counterparts. Its total loans hit a record $4 billion last year, and Q3 deposits grew 18% yoy to $4.8 billion. Sales for US-based food & beverage giant Kraft’s boxed mac-and-cheese rose to $193.1 million in the first quarter of 2009, a 10% growth over the previous year. So, whether it’s by capitalising on their basic strengths or by being in the right businesses, which sell products and services related to basic necessities, these companies are witnessing surprisingly big upturns. Now that’s what they call, a sight for sore eyes!
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
ZEE BUSINESS BEST B SCHOOL SURVEY
IIPM Ranked No. 1 B-School In Global Exposre - Zee...
1500-plus IIPM students placed across the country with 44 bagging international offers
PLANMAN CHE (Centre for Higher Education)
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
