Discuss the below:
Visa Inc.
Background:Visa Latin America, established in 1978, is a regional division of Visa International. In addition to credit cards, Visa offers check, debit and gift cards and traveler's checks among other services to individuals, businesses, corporate and government agencies. The Latin American headquarters are located in Miami, Florida, with sub regional offices in São Paulo, Brazil; Caracas, Venezuela; Mexico City, Mexico; and Santiago, Chile.
Products: In 2005, Visa launched FinanzasPrácticas,an online financial literacy program aimed at educating individuals about personal finance matters such as: budgeting, saving, investing and spending. Visa also provides Marketing Solutions, payment technologies, and processing solutions.
Workforce: Visa has offices in 35 countries and 10,000 employees worldwide. Visa has established Diversity and Inclusion as a priority to ensure they continue to attract top global talent from all backgrounds and leverage opportunities to include their workforce in business decisions that accomplish their goals.
Financials: According to their financial report for 2014, by September 2014, their revenue reached 12,702 million dollars and the revenue growth is 7.8%.
Factors and future:Financial Soccer has been played more than 700,000 times in Latin America since its launch. In addition, the game has generated more than 30 strategic alliances with different NGOs, banks, government agencies, universities, media, and financial organizations in order to promote financial literacy.
McDonald's
Background:Arcos Dorados HoldingsInc.is McDonald's largest franchisee in the world in terms of system wide sales and number of restaurants.Brazil was the Latin American country with the largest number of McDonald's restaurants in 2014, with 865 units.Since then, McDonald's expanded its presence across the region, opening its first stores in Costa Rica in 1970, in Brazil in 1979, in Mexico and Venezuela in 1985 and in Argentina in 1986.
Products:hamburgers, fries, salads and chicken sandwiches,flan-like dessert in Peru, dulce de leche sundaes in Argentina and the McMollette (English muffin with refried beans, cheese and salsa).
Workforce:Arcos Dorados is one of the largest employers in Latin America with 94,000 employees.More than 52,000 people from across Latin America have participated in McDonald's University courses and educational activities.
Financials:Arcos Dorados was able to deliver organic revenue growth of 18.5% and organic EBITDA growth of 25.8% this quarter over the same quarter last year.
Facts and future:Macroeconomic issues in Latin America have been a real challenge for Arcos Dorados over the past two years. The company's customers have been feeling the pressure, and the devaluations of currencies in countries like Brazil -- its largest market -- have certainly not helped matters.Driven by a growing middle-class of consumers with money to spend on discretionary purchases, and a restaurant industry made up mostly of small, independent operators, the fight for fast-food dominance in Latin America has only just begun.
Despite the problems recently, the country still presents a great opportunity for these U.S. fast-food giants.
Starbucks
Background: More than 740 stores across 13 countries in Latin America, Starbucks served more than 100 million customers in Latin America in 2013. Starbucks has been purchasing coffee from Latin America for more than 40 years and operating stores in the region for more than 10 years.
Financial:Starbucks is excited to be part of the momentum of coffeehouse growth in Latin America. Since entering Mexico in 2002, coffee consumption is estimated to have increased 100-150%.
Products:
Hot and beverages
Coffee-related accessories and equipment
Complementary food items
Teas
Non-food products - coffee mugs
Workforce:Currently, Starbucks has over 10,000 partners across Latin America. They operate more than 500 Starbucks stores in Mexico, Argentina and Chile, employing a total of more than 8,000 employees.
Factors and future:In 2012, they established their second Farmer Support Center in Latin America in Manizales, Colombia which hasserved over 10,000 farmers. These support centers aim to provide local farmers with the resources andexpertise that help lower the cost of production, reduce fungus infections, improve coffee quality and increasethe yield of premium coffees.
Cadbury
Background: Cadbury was founded almost 200 years ago.Cadbury is a British multinational confectionery company owned by Mondelez International. It is the second largest confectionery brand in the world after Wrigley's. Cadbury is headquartered in Uxbridge, London, and operates in more than fifty countries worldwide. It's best known products include Dairy Milk, 5 Star, and the Gems selection box.
Financials: The most recent annual income is $430 million in South America. Latin America revenues grew by a double-digit rate, paced by
Tang powdered beverages.
Products:Bars (Almond, Brazil Nut, Curly Wurly, Hazel Nut, Krisp, Mint, Starbar, Thick Dairy Milk)
Beverages
Biscuits
Ice cream.
Workforce:Cadbury Schweppes is laying off 5,500 workers around the world and shutting a fifth of its factories as it tries to save £400m a year.The job losses will affect 10% of the company's global workforce and 20% of its 133 factories.In Brazil the company closed down two of its five factories, laying off 230 people, and instigated an efficiency drive across the continent focused on cutting back office costs.
Factors and future:When Cadbury agreed a $4.2bn (£2.05bn) deal to acquire Americas-based chewing gum and candy maker Adams in late 2002, the UK company's shares fell more than 5pc in one day.Cadbury Adams in Latin America is a template for growth in the emerging markets and a key driver of profits for the global company.
Background: Nintendo Co., Ltd. is a Japanese multinational consumer electronics company headquartered in Kyoto, Japan. Nintendo is the world's largest video game company by revenue. Nintendo has decided to leave the Brazilian games market, citing high import duties.
Financials:The Wii Breakdown of Sales: 8,850,000 and the DS Breakdown of Sales is20,180,000 in North/South America.
Products: Color TV games, Entertainment system, GameCube, Wii, WiiU.
Workforce: The number of employees is 5,213 in 2014 and 5,080 in 2013. Nintendo exits Brazil and The government wants investment in Brazil but Nintendo don't want to expend money with employment (and other things like buildings marketing).
Facts and failure: Gaming do Brazil has distributed Nintendo products in the country for the past four years. While it will no longer sell Nintendo products in Brazil, parent company Juegos de Video Latinoamérica will continue to be Nintendo's distributor for Latin America.
Nintendo will no longer distribute its games or hardware in the region. Brazil is an important market for Nintendo and home to many passionate fans, but unfortunately, challenges in the local business environment have made our current distribution model in the country unsustainable. Nintendo launched the Wii U in Brazil in November 2013, but Reggie Fils-Aime had noted then that the country's importing policies were making things challenging. On top of that, banking regulations in Brazil also gave Nintendo problems with digital purchases on the Wii U.
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