首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Carly Fiorina, Hewlett-Packard’s chief executive, came out fighting on November 14th. In a conference call with analysts, she an
Carly Fiorina, Hewlett-Packard’s chief executive, came out fighting on November 14th. In a conference call with analysts, she an
admin
2012-10-23
53
问题
Carly Fiorina, Hewlett-Packard’s chief executive, came out fighting on November 14th. In a conference call with analysts, she announced better-than-expected quarterly results, even though profits were down. Ms Fiorina also reiterated why she believes her $24 billion plan to acquire Compaq is the best way forward for HP, despite objections by Hewlett and Packard family members. Last week Walter Hewlett, whose father co-founded the company, expressed concern that the merger would increase HP’s exposure to the shrinking PC market and would distract managers from the more important task of navigating through the recession.
There are two ways to defend the deal. One is to point out its advantages, which is what Ms Fiorina did this week. Merging with Compaq, she said, would enable HP to reach its goals faster than it could on its own. The deal would improve HP’s position in key markets such as storage and high-end computing, as well as the economics of its PC business. It would double the size of HP’s sales force and broaden its customer base, providing more potential clients for its services and consulting arms. It would improve cashflow, margins and efficiency by adding "breadth and depth" to HP. "Having spent the last several months planning the integration of these two companies, we are even more convinced of the power of this combination," Ms Fiorina concluded.
It sounds too good to be true, and it almost certainly is. But the other way to defend the deal is to point out that, even if it was a bad idea to start with, abandoning it could be even worse—a view that, unsurprisingly, Ms Fiorina chose not to advance, but is being quietly put forward by the deal’s supporters.
Scrapping the merger would be extremely painful for a number of reasons. Since the executive teams of both firms have committed themselves to the deal, they would be utterly discredited if it fell apart, and would probably have to go. Under the terms of the merger agreement, HP might have to pay Compaq as much as $675m if it backed out. The two firms would be considerably weakened; they would also be rivals again, despite having shared confidential technical and marketing information with each other over the past few months. In short, it would all be horribly messy. What can be done to save the deal? Part of the problem is that HP has no plan B. "They need a brand-recovery effort immediately," says one industry analyst. HP must give the impression that it is strong and vital, rather than desperate, and that its future is not dependent on the deal going forward. That could make the merger look more attractive and bring investors back on board.
This week’s results will certainly help. The David and Lucile Packard Foundation, which owns just over one-tenth of HP’s shares, will decide whether to back the merger in the next few weeks, and HP’s shareholders are to vote on it early next year. The more credible HP’s plan B, the less likely it is that it will be needed.
What is the author’s attitude toward the merger of HP?
选项
A、Negative.
B、Supportive.
C、Objective.
D、Apprehensive.
答案
C
解析
文章作者在阐述整个收购事件(公司内部股东的态度,收购带来的好处以及收购失败的坏处)时,态度是非常客观的,而不是否定、理解或支持的态度。因此C选项正确。
转载请注明原文地址:https://www.kaotiyun.com/show/7W9O777K
0
考博英语
相关试题推荐
【51】"Humanism"hasusedtomeantoomanythingtobeaverysatisfactoryterm.【52】Nevertheless,andinthelackofabetterwo
Theconceptofpersonalchoiceinrelationtohealthbehaviorsisanimportantone.Anestimated90percentofallillnessesmay
Someweeksago,ridinginacabfromBostontoCambridge,mydriverturnedandaskedmewhatIdidforaliving."TeachEnglish,
TheireffortsatbringingAliceandGracetogether______.
AU.N.postonitssidewashitbyamissile—althoughtheobserverteamsaiditwasa______Israelishell.
Psychologistsagreethathumanbeingshaveastrongneedto______theirtime;havingtoomuchidletimecanbeasstressfulas
Theminister’s______answerledtoanoutcryfromtheOpposition.
Allanimalsmustrest,butdotheyreallysleepasweknowit?Theanswertothisquestionseemsobvious.Ifananimalregularly
Allanimalsmustrest,butdotheyreallysleepasweknowit?Theanswertothisquestionseemsobvious.Ifananimalregularly
Hisdesireto_____otherpeoplehascausedtroubleinhisfamily.
随机试题
下列关于中法海洋卫星的说法,不正确的是:
A、 B、 C、 D、 C
A、储蓄医疗保险B、商业医疗保险C、社会医疗保险D、国家医疗保险E、企业医疗保险通过国家立法形式强制实施,主要由雇主和雇员缴纳保费的保险模式是
下列选项不属于常见的社会监督方式的是()。
固定资产卡片的保管期限为()。
个人征信系统建立了完善的用户管理制度;该制度保证了信息的安全性。以下是该制度的内容的有()。
假定某工业企业设有机修和供电两个辅助生产车间,采用交互分配法进行辅助生产费用的分配。有关资料如下:(1)2018年5月,机修车间的待分配费用为1200万元,提供修理劳务500小时。其中,供电车间耗用20小时,基本生产车间中的第一车间耗用300小时,
从上述资料中能够推出的是()。2003年进入中国500强的企业的平均年营业收入额约是()。
CiscoPIX525防火墙用来允许数据流从具有较低安全级接口流向较高安全级接口的配置命令是()。
Theordinanceisintendedtoforcehouseholderstoseparatesuchhazardouswastelikepesticides,batteries,fertilizers,andoi
最新回复
(
0
)