Read the case, “Danone: Strategy Implementation in an International Food and Beverage Company” on page 727-744.

As you are reading identify and think about the following questions:

1. Does Danone have substantial debt and or challenges that will impact their growth expansion plans?  Please provide examples.

1. Formulate a one- to two-sentence summary identifying Danone’s performance surrounding these two key issues:
   • Operating efficiency
   • Growth strategy
   • Competition
2. Conduct additional research as necessary to provide the most up to date perspective. Search for the following information:
   • Annual Report
   • SEC Form 10-K
   • Annual Shareholders Proxy Statement
   • Competitive/Industry Information

When you have completed your research, answer the following question:

1. Does Danone have substantial debt and or challenges that will impact their growth expansion plans?  
2. Please provide examples from your research.