Cargill Paper Summary

Cargill: No. 1 In Food Industry Anshi Chen Marketing 505, environmental Paper March 29, 2012 Paper Source Cargill: inside the quite giant that rules nourishment business, Fortune Magazine, October 2011 Summary The article introduces Cargill, a feed industry company. Cargill, headquartered in Wayzata, Minnesota, is the biggest corporation in food production and it is privately held. In 2011 fiscal year, its revenue was $119.5 billion. If Cargill goes public, it will be No. 18 on Fortune 500. In 1865, Cargill is found by William Wallace Cargill in Conover, Iowa. Today it is still owned 90% by Cargills and MacMillans, the cardinal families jointed by marriage. Currently, Greg Page is the CEO. Although Cargill is huge and its business activities furbish up most Americans daily lives through various food channels, it has non been well known for the public. As a corporation, Cargills common strategy is to acquire and sell businesses. It also has a tradition of developing innovative new business. Interestingly, Cargill doesnt do land as a food supplier. Cargill runs business globally as 60% of its earnings are generated outside of US. It returned to Vietnam right later on President Clinton normalized US and Vietnam relationships in 1995.

After several productive projects, Cargill launched public-private partnership with Chocolate giant Mars, government of Vietnam and Netherlands in 2004 to construct a cocoa export industry, which had never existed in Vietnam before. In 2011, Vietnam produced 2,500 tons of cocoa and 70% of them went to Cargill. Cargills business goes up and down due to unpredictable events around the world. Concerning with long destination prosperities, Cargill watches political policies carefully as food industry is heavy regulated and hence greatly affected by the governments legislations and policies. The intelligent Environmental Influence As the largest multinational corporation in food industry, Cargill needs to adapt different legal environments,... If you want to pass a full essay, order it on our website: Orderessay

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