Mondelez CEO Aims for Double-Digit Growth in China, India

The video discusses the impact of currency fluctuations on a global company's sales, emphasizing the importance of emerging markets. It highlights growth strategies in China and India, noting the potential for double-digit growth. The discussion covers employee costs, margins, and the impact of potential wage increases. Strategies for maintaining margins through volume growth and cost management are explored. Finally, the video addresses challenges in sourcing raw materials and the company's commitment to sustainability, particularly in cocoa sourcing.

What is the primary reason the company is optimistic about long-term growth despite currency fluctuations?

• Increased sales in North America

• Reduced operational costs

• Growth in snacking in emerging markets

• Stable exchange rates

What growth rate is the company aiming for in China and India?

• No growth

• Single-digit growth

• Double-digit growth

• Triple-digit growth

How does the company plan to manage its margins effectively?

• By increasing product prices

• By reducing employee wages

• By driving volume growth and cost optimization

• By focusing on percentage margin

How does the company view the impact of a potential minimum wage increase in the U.S.?

• It will lead to increased product prices

• It will require them to reduce staff

• It will have no effect on their operations

• It will significantly affect their costs

What strategy does the company use to maintain a virtuous cycle in its operations?

• Reducing product quality

• Focusing on dollar growth of margins

• Cutting marketing expenses

• Increasing employee turnover

What is the company's main concern regarding raw material sourcing?

• Freight costs

• Cocoa prices

• Labor shortages

• Tariff increases

What is the company's commitment regarding cocoa sourcing by 2025?

• No commitment

• 25% sustainably sourced

• 50% sustainably sourced

• 100% sustainably sourced