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碧水之光 · 2023年11月17日

B为什么不对?

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。

B选项和原文一致,农民的耕作方式改变是转型风险呀,为什么不对?请老师讲解一下

2 个答案

pzqa38 · 2023年11月26日

嗨,努力学习的PZer你好:


这个题没有提到您说的成本上升,旧资产搁浅,我们解题就是阅读理解,从文章内容出发,表达的就是培养农民带来的好处,减少风险

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

pzqa38 · 2023年11月19日

嗨,爱思考的PZer你好:


您好,B公司通过购买土地确保自然资源的安全性,以及培训农民掌握生产力更强和可持续性的农业技术都是大大降低了转型风险。而B选项是说增加了转型风险,明显是不对的啊,您看我这么说您能理解么?

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加油吧,让我们一起遇见更好的自己!

碧水之光 · 2023年11月26日

转型风险不是指转型过程中的成本上升、旧资产搁浅吗?培养农民、更换工具,都会带来成本上升、资产搁浅。感觉还是有增加风险呀。

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