Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
General Mills - Essay

General Mills

Part I - GENERAL MILLS

The story of General Mills starts with only two flour mills in the 1860�s, yet they were able to revolutionize the milling industry, through manufacturing flour with better baking qualities. By the 1960�s, General Mills was involved in marketing kid�s products including, Easy Bake Ovens, Monopoly, Spiro graphs, and Nerf balls. This diversification allowed General Mills to appeal to a broader customer base. Presently, their primary focus is food production, which also is their core competency.
General Mills is one of the largest food producing companies in the world, and also competes in the following areas where they have achieved the greatest success.

� ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

brands that are well known for their quality. They started from one brand and now they have reached to a peak point into business diversification. The company is mostly associated with food producing brands and apart of this they are associated with a variety of product and service lines. The main product lines being produced by the General Mills worldwide include the following:

� Baking Products
� Cereals
� Fruit
� Ice Cream
� Pasta
� Pizza
� Soup
� Vegetables
� Yogurt

Today, General Mills is the top U.S. breakfast cereal maker, and has an impressive financial record. In 2010 alone, the revenues totaled almost $14.8 billion. Investors are pretty happy with the current price earnings ratio of $14.60. With $17.7 billion in total assets and $12.3 billion on liabilities, General Mills has a current ratio of 1.4. This past quarter of 2011 General Mills had a gross profit margin of 39.2%. Historically, judging from their annual 10-Ks from the last three years, their ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.


Already a member? Login

Del Monte Foods, Dairy Queen, and Proctor & Gamble. Of the forty-four competitors listed by �Hoovers, A D&B Company,� General Mills faces the stiffest competition from Danone and Kellogg�s. The company competes with Kellogg�s year after year for the #1 breakfast cereal maker in the United States. General Mills also owns a controlling stake in France�s �Yoplait� brand which is worth about $1.15 billion (second largest yogurt company worldwide) and competes head to head with Danone for yogurt sales across the globe.
In order to continue successful growth over its history, General Mills has relied heavily on technology. One of the companies� better known brands, Betty Crocker, ...

Succeed in your coursework without stepping into a library.
Get access to a growing library of notes, book reports,
and research papers in 2 minutes or less.


CITE THIS PAGE:

General Mills. (2011, July 20). Retrieved November 28, 2024, from http://www.essayworld.com/essays/General-Mills/99826
"General Mills." Essayworld.com. Essayworld.com, 20 Jul. 2011. Web. 28 Nov. 2024. <http://www.essayworld.com/essays/General-Mills/99826>
"General Mills." Essayworld.com. July 20, 2011. Accessed November 28, 2024. http://www.essayworld.com/essays/General-Mills/99826.
"General Mills." Essayworld.com. July 20, 2011. Accessed November 28, 2024. http://www.essayworld.com/essays/General-Mills/99826.
JOIN NOW
Join today and get instant access to this and 50,000+ other essays


PAPER DETAILS
Added: 7/20/2011 08:33:03 PM
Submitted By: alo21
Category: Business
Type: Premium Paper
Words: 6202
Pages: 23

Save | Report

SHARE THIS PAPER

SAVED ESSAYS
Save and find your favorite essays easier

SIMILAR ESSAYS
Lowell Mills Girls
Economic Development
Cuban Missile Crisis: The Edge ...
Compare And Contrast Essay Of
What Is Sociology
Survival Strategies For Local C...
Can Sociology Be Value Free
Ch. 24 Outline AP US History
US Healthcare Timeline
Roman Empire
Copyright | Cancel | Contact Us

Copyright © 2024 Essayworld. All rights reserved