【Key words】 Managerial Overconfidence; Firm Expansion; Expansion Velocity; Expansion Approaches; Financial Distress
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The firm quickly churned through several management teams, none of which overcame problems such as variable quality that had resulted from Callaway's rapid expansion.
公司迅速进入动荡之中,相继几届管理团队先后治理,但是他们无一能够解决由于公司的迅速扩张而带来的诸如产品质量问题。
Vuitton's expansion into China, Mongolia and new product lines such as watches and shoes, suggest that the leather-goods firm will continue to be LVMH's main source of growth.
VUITTON向中国、蒙古及诸如手表和鞋子等新产品线业务的扩张,意味着这家皮具公司将继续成为LVMH增长率的主力。
The firm expects construction activity to slump 30% in 2009, after a 9% expansion in the first nine months of this year.
这家公司预计在今年的前九个月9%的增长过后,2009年建设活动会下降30%。
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