Text 4 Niall FitzGerald would have liked to leave Unilever in a blaze of glory when he retires at the end of September. The co-chief executive of the Anglo-Dutch consumer-goods group was one of the godfathers of Unilever’s "Path to Growth" strategy of focusing on its brands, which was launched live years ago. But the plan failed to deliver on many of its promises. On September 20th, Unilever warned that it would not report its promised double-digit growth in profits this year. It is a tough time for producers of branded consumer goods. Unilever and its competitors have to cope with pressure on prices and stiff competition from supermarkets’ own brands, Colgate-Palmolive warned of lower profits on the ’same day, Nestle recently disappointed investors with its latest results. Even so, Unilever admits the bulk of its troubles are self-inflicted. The "Path to Growth" strategy aimed to make the firm more efficient. Unilever saved about 4 bi
A. fierce competition,
B. its inefficiency.
C. the depressing sales,
D. its strategy.
Text 4 Niall FitzGerald would have liked to leave Unilever in a blaze of glory when he retires at the end of September. The co-chief executive of the Anglo-Dutch consumer-goods group was one of the godfathers of Unilever’s "Path to Growth" strategy of focusing on its brands, which was launched live years ago. But the plan failed to deliver on many of its promises. On September 20th, Unilever warned that it would not report its promised double-digit growth in profits this year. It is a tough time for producers of branded consumer goods. Unilever and its competitors have to cope with pressure on prices and stiff competition from supermarkets’ own brands, Colgate-Palmolive warned of lower profits on the ’same day, Nestle recently disappointed investors with its latest results. Even so, Unilever admits the bulk of its troubles are self-inflicted. The "Path to Growth" strategy aimed to make the firm more efficient. Unilever saved about 4 bi
A. is an incompetent leader.
B. will retire with great honor.
C. will become Patrick's predecessor.
D. is one of Unilever's founders.
Text 4 Britain’s bosses would have you believe that business in Britain is groaning under red tape and punitive tax levels, inhibiting enterprise and putting British firms at a disadvantage compared with overseas competitors. As usual, reality paints a far different picture from the tawdry image scrawled by the CBI and Tory frontbenchers. Not only do British businesses pay lower levels of corporation tax than their counterparts abroad but they benefit from the most savage legal hamstringing of trade unionism. But boardroom fat cats in Britain have one further advantage over their competitors, which is their total inability to feel any sense of shame. The relatively poor performance since the 1990s of pension investment funds, overseen by the top companies themselves, has brought about a wide-ranging cull of occupational pension schemes. Final salary schemes have been axed in favour of money purchase or have been barred to new employees and, in many companies, staff h
A. the bosses
B. the government
C. the CPAG
D. the employees
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