首页
登录
职称英语
Carly Fiorina, Hewlett-Packard’s chief executive, came out fighting on Novem
Carly Fiorina, Hewlett-Packard’s chief executive, came out fighting on Novem
游客
2025-04-25
3
管理
问题
Carly Fiorina, Hewlett-Packard’s chief executive, came out fighting on November 14th. In a conference call with analysts, she announced better-than-expected quarterly results, even though profits were down. Ms Fiorina also reiterated why she believes her $24 billion plan to acquire Compaq is the best way forward for HP, despite objections by Hewlett and Packard family members. Last week Walter Hewlett, whose father cofounded the company, expressed concern that the merger would increase HP’s exposure to the shrinking PC market and would distract managers from the more important task of navigating through the recession.
There are two ways to defend the deal. One is to point out its advantages, which is what Ms Fiorina did this week. Merging with Compaq, she said, would enable HP to reach its goals faster than it could on its own. The deal would improve HP’s position in key markets such as storage and high-end computing, as well as the economics of its PC business. It would double the size of HP’s sales force and broaden its customer base, providing more potential clients for its services and consulting arms. It would improve eashflow, margins and efficiency by adding " breadth and depth" to HP. "Having spent the last several months planning the integration of these two companies, we are even more convinced of the power of this combination," Ms Fiorina concluded.
It sounds too good to be true, and it almost certainly is. But the other way to defend the deal is to point out that, even if it was a bad idea to start with, abandoning it could be even worse--a view that, unsurprisingly, Ms Fiorina chose not to advance, but is being quietly put forward by the deal’s supporters.
Scrapping the merger would he extremely painful for a number of reasons. Since the executive teams of both firms have committed themselves to the deal, they would be utterly discredited if it fell apart, and would probably have to go. Under the terms of the merger agreement, HP might have to pay Compaq as much as $675m if it backed out. The two firms would be considerably weakened; they would also be rivals again, despite having shared confidential technical and marketing information with each other over the past few months. In short, it would all be horribly messy. What can be done to save the deal? Part of the problem is that HP has no plan B. "They need a brand-re-covery effort immediately," says one industry analyst. HP must give the impression that it is strong and vital, rather than desperate, and that its future is not dependent on the deal going forward. That could make the merger look more attractive and bring investors back on board.
This week’s results will certainly help. The David and Lucile Packard Foundation, which owns just over one-tenth of HP’s shares, will decide whether to back the merger in the next few weeks, and HP’s shareholders are to vote on it early next year. The more credible HP’s plan B, the less likely it is that it will be needed. [br] Which of the following is NOT the good reason to promote the merger?
选项
A、The majority of the firm are in favor of the merger.
B、No combination is even worse than merger.
C、It can bring about a lot of advantages.
D、There is no plan B to save the firm from trouble.
答案
A
解析
文章第2段“One is to point out its advantages”;第3段“even if it was a bad idea to start with,abandoning it could be even worse”;第4段“Part of the problem is that HP has no plan B”。从中可以看出都是支持这一方案的理由。因此B、C、D选项可以排除。A选项“公司的大多数人都支持这一方案”并没有具体说明,所以是正确答案。
转载请注明原文地址:https://www.tihaiku.com/zcyy/4053270.html
相关试题推荐
CarlyFiorina,Hewlett-Packard’schiefexecutive,cameoutfightingonNovem
CarlyFiorina,Hewlett-Packard’schiefexecutive,cameoutfightingonNovem
Itisnotunusualforchiefexecutivestocollectmillionsofdollarsayear
Itisnotunusualforchiefexecutivestocollectmillionsofdollarsayear
Itisnotunusualforchiefexecutivestocollectmillionsofdollarsayear
Itisnotunusualforchiefexecutivestocollectmillionsofdollarsayear
Itisnotunusualforchiefexecutivestocollectmillionsofdollarsayear
Itisnotunusualforchiefexecutivestocollectmillionsofdollarsayear
Itisnotunusualforchiefexecutivestocollectmillionsofdollarsayear
Itisnotunusualforchiefexecutivestocollectmillionsofdollarsayear
随机试题
西安,是中国西北部陕西省的省会,历经许多朝代的沉浮。在1200多年中,它曾断断续续地成为十三个朝代的首都。Xi’an,capitalofNorthwest
Susanisthemost(experience)______teacherintheschool.experienced本题考查分词作定语
[originaltext]I:Hello,everyone.TodaywearegreatlyhonoredtohaveMr.Malc
当灌溉流量为20~5m3/s,排水流量为50~10m3/s时,灌排渠沟工程的级别
公路工程竣(交)工验收的依据是()。A.批准的项目建议书、工程可行性研究报
站用交流不间断电源系统交流供电电源可采用两路来自不同交流电源供电
下列哪一张图能反映2012年清洁能源机组并网容量中水电、核电和新能源发电的构
下列句子中语义明确,没有语病的一项是()。A.从12月19日起,我省北部、西
面色萎黄,遍体浮肿,晨起头面肿甚,动则下肢肿甚,疲乏无力,便溏,舌苔薄腻,脉软弱
保荐协议签订后,保荐机构应在()个工作日内报发行人所在地的中国证监会派出机构备案
最新回复
(
0
)