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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1314 |
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Financial Resources (strength)
i. Perdue Farms revenues for 1994 was estimated to about $1.5 billion, net profits at $50 million, and the number of associates at 13,800.
ii. They bought Showell Farms, Inc. in January 1995 which should boost revenue to $2 billion and the number of associates to about 20,000
iii...
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in January 1995 which should boost revenue to $2 billion and the number of associates to about 20,000
iii. The firms' compound sales growth rate has been slowly decreasing during the past 20 years, mirroring the industry, because of market saturation and overproduction.
1. Perdue has compensated by getting more efficiency from its associates; for example, 20 years ago, a 1% increase in associates result in a 1...
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