Yunnan Baiyao: Internationalization and Diversify Proposals

Yunnan Baiyao: Internationalization and Diversify Proposals later celeb symmetryn of its 100 duration anniversary, Yunnan Baiyao started its peeled journey with new slogan one roll in the hay and four growth argonas. Mr. Wang Minghui intend to infuse new cleverness into this century-old company, planetaryization and diversification were just his desired choices. Now opportunities came, YB could admit 3Ms proposal to engage together in transfermal products and international securities industry, or exploit new market of healthcare products on its own. We consort the opinion that both the options are good, YBs on-going strategies will be advantageously supported by them. Further more(prenominal), we imply that YB combine those twain actions. Mr. Wang should start them as concisely as possible. Performance of YB Benefited from its roaring vertical consolidation and doubtful diversification of its products, YB has make a hammy improvement. The revenue enhancement of the company reached 1.1 billion RMB in 2002, about 5 generation than 1999. And its net profit reached 97 million RMB, almost 3 times than 1999. And in 2002, YBs hard hard roe ratio reached 0.5, ROA was 20%, shows that YB was real lucrative. Despite its feisty developing speed and profits, YB also has stable fiscal position. The debt to assets ratio was 40.5%, a real low level. The current ratio was 1.

6 , shows that the company has rich notes reserve. In general, YB has showed very good operation carrying into action. YB also formed a good organization environs along with its corporate reform. by and by a fully restructuring of departments, YB identified its boundaries of responsibilities and optimized its organization well-disposed organisation to a more functional and efficient level. Meanwhile, remuneration gunpoint system and new(prenominal) measurements were used to motivated employees on a fair basis. YB also used its e-Commerce political program to channel up its immanent entrepreneurs through a benchmarked inducement. actually those incentive methods did enhance the performance of employees and their recognition of corporate...If you want to get a full essay, sight it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.