Question: The articles below is my classmate discussion post can you please give explanation why you agree with the articles below? According to the SEC 10-K, Procter & Gamble organizes its business into five strategic business units (SBUs) and five reportable segments as per U.S. GAAP. These segments cover Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The SBUS oversee global brand strategies, product innovations, and supply chain management, with direct profit responsibility for key markets termed "Focus Markets." They also drive growth in other markets, referred to as "Enterprise Markets." The MD&A discusses business performance by region, including North America, Europe, Greater China, Latin America, Asia Pacific, and India, Middle East, and Africa (IMEA), offering insights into geographical revenue contributions and market dynamics. Their largest customer is Walmart Inc. and its affiliates, which accounted for consolidated net sales of approximately 15% in 2023, 2022, and 2021. No other customer represents more than 10% of the consolidated net sales.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The articles below is my classmate discussion post can you please give explanation why you agree with the articles below?
According to the SEC 10-K, Procter & Gamble organizes its business into five
strategic business units (SBUs) and five reportable segments as per U.S. GAAP.
These segments cover Beauty, Grooming, Health Care, Fabric & Home Care, and
Baby, Feminine & Family Care. The SBUS oversee global brand strategies, product
innovations, and supply chain management, with direct profit responsibility for key
markets termed "Focus Markets." They also drive growth in other markets,
referred to as "Enterprise Markets." The MD&A discusses business performance
by region, including North America, Europe, Greater China, Latin America, Asia
Pacific, and India, Middle East, and Africa (IMEA), offering insights into
geographical revenue contributions and market dynamics. Their largest customer
is Walmart Inc. and its affiliates, which accounted for consolidated net sales of
approximately 15% in 2023, 2022, and 2021. No other customer represents more
than 10% of the consolidated net sales.
Transcribed Image Text:Question: The articles below is my classmate discussion post can you please give explanation why you agree with the articles below? According to the SEC 10-K, Procter & Gamble organizes its business into five strategic business units (SBUs) and five reportable segments as per U.S. GAAP. These segments cover Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The SBUS oversee global brand strategies, product innovations, and supply chain management, with direct profit responsibility for key markets termed "Focus Markets." They also drive growth in other markets, referred to as "Enterprise Markets." The MD&A discusses business performance by region, including North America, Europe, Greater China, Latin America, Asia Pacific, and India, Middle East, and Africa (IMEA), offering insights into geographical revenue contributions and market dynamics. Their largest customer is Walmart Inc. and its affiliates, which accounted for consolidated net sales of approximately 15% in 2023, 2022, and 2021. No other customer represents more than 10% of the consolidated net sales.
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