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李白白 · 2023年02月02日

案例需要中文翻译

NO.PZ2022120702000052

问题如下:

J Justin Deyzak is conducting a review of the food industry and came comes across two companies which are interesting investment opportunities. Because he is aware that agricultural companies can be highly exposed to climate risk, he investigates Company A and Company B’s business models in order to assess those risks. Below is the summary of his findings.

Company A

Company A’s main products are premium cookies and cakes, which it sells retail in niche markets across the Middle East. It has a franchise model in which it maintains the design and recipe of its product in-house, while outsourcing raw material and production to partners. Suppliers for the key raw material, flour, are based in Yemen and Libya, which have been plagued with water scarcity in the past few years.

Company B

Company B is based in Mexico and produces chocolate paste. To ensure the standard of quality required by its clients, the company owns all of the farms that supply the cocoa.

The company has been growing through acquiring farmland acquisitions. It identifies locations where water sources and soil are of high quality but poor farming techniques have led to inefficiencies. It purchases the land and then works with the farmers to help them transition to more sustainable and productive farming methods.

Which of the following statements is true regarding transition risk?

选项:

A.Company A has lower transition risk because it is a B2C (business-to-consumer) company which outsources its agricultural production.

B.Company B has higher transition risk because it is a B2B (business-to-business) company that needs to educate farmers about other farming methods.

C.Transition risk related to changing consumer expectations regarding agricultural methods should be considered for both B2B (business-to-business) and B2C (business-to-consumer) companies.

D.Justin does not need to review regulation on deforestation in the three countries as these would not impact transition risk.

解释:

不管是B2B还是B2C公司,都应考虑消费者对农业方法期望的变化,而农业方法的改进属于transition risk的技术方面。

D选项错误,三个国家的监管层面会影响transition risk,因此Justin需要关注。

选项需要中午详细解释

1 个答案

王岑 · 2023年02月07日

嗨,努力学习的PZer你好:


同学你好,

我们先看一下每个选项的意思:

A选项:A公司的过渡风险低,因为这是一个外包农产品生产的B2C的公司

B选项:B公司的过渡风险高,因为这是一个需要教导农民关于其它农业耕作方式的B2B公司

C选项:B2B和B2C公司都应该考虑与改变消费者对农业耕作方式期望相关的转移风险。

D选项:Justin不需要审查这三个国家对森林砍伐的监管,因为这不会影响过渡风险。


Transition risk包括三种:


农业耕作方式的改变是属于技术方面的,无论是B2B或者B2C公司都需要考虑,因此C选项正确。

D选项错误,因为legal risk是transition risk的一种。

A选项错误,因为A公司外包原材料的生产,过渡风险高。B选项错误,B公司买了土地,然后改变那些造成工作效率低下的耕作方式,这不会提高过渡风险。

----------------------------------------------
努力的时光都是限量版,加油!

xxxxuan · 2023年06月30日

B选项,to help them transition to more sustainable and productive farming methods,教导农民其它可持续的农业耕作方式,这个不属于过渡风险中的技术风险吗?

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