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Essay specific features

 

Issue:

Book Reports

 

Written by:

Joseph S

 

Date added:

November 30, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 532

 

Was viewed:

243 times

 

Rating of current essay:

 
Essay content:

"The objective of the finance department is to drive superior performance, not great reporting or holding fantastic conferences," he says. It will please most shareholders that Reichenberger is not in the habit of trotting around Nestle's global empire showering freebies on gatherings of accountants...
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But with the financial markets populated by traumatized investors, it is a brave CFO who plays down the importance of reporting. Bean counting used to be central to the Nestle ethos. The business was about transforming agricultural products into food then sitting back and stacking up the pennies. Well-known for its long-term approach, in the past Nestle was criticized for overpaying for some acquisitions because of their predicted long-term benefits...
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