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Midwest Executive Summary

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Lastly, the growth over 1 year percentages will be looked at. Growth is very important for every company and even small growth of 1% is very important for a company. Abbott’s total revenue grew 3.00% from the previous year. 3.00% is not a big number but one thing to consider is that Abbott’s revue in 2014 was a very large number. So the 3.00% growth actually is a very good percentage of growth. With a growth in total revenue, it would mean that the gross profit percentage would be positive as well. In 2014, Abbott’s gross profit growth was 5.41% from the previous year. Again this value is a great number that demonstrates how financially healthy Abbott it.
Abbott will benefit financially from expanding to Mexico. First, the overall costs will …show more content…

The first tactic is continuing to invest in research and development and continue to make products that are science based. Continuing to focus on science will drive successful products to tackle different areas of nutrition. The second tactic focuses on growing the adult nutrition market. If re-shaping is necessary, Abbott is willing to do that in order to capitalize on this important market segment. Also making a large impact in this market segment is vital to be successful. The third tactic defines expanding to meet the demand of markets. For example Abbott opened three plants which are located in the United States, India and China. The drive to supply keep markets will continue making Abbott grow to meet the demand of these markets. Meeting the demand of these markets will contribute to the strategy that Abbott has set of being #1. The fourth tactic focuses on improving operating margins to gain more capital for …show more content…

Investing in Mexico can help lead science to create new products that will tackle the different health problems or nutritional needs that Mexico and other countries in Central America may have. By expanding to Mexico, Abbott can target the adult nutrition market in Mexico, Central America and South America. It will help Abbott capitalize internationally in the adult nutrition market and contribute to the goal of being the #1 adult nutrition company in the United States and worldwide. The third tactic defines expanding to meet markets, and expanding to Mexico will help meet this tactic. Lastly, expanding operations to Mexico will contribute to higher operating margins which will drive larger investments focused on

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