This chapter’s Feature Story discusses the fact that although Clif Bar & Company is not a public company, it does share its financial information with its employees as part of its open-book management approach. Further, although it does not publicly share its financial information, it does provide a different form of an annual report to external users. In this report, the company provides information regarding its sustainability efforts.

Address: www.issuu.com/clifbar/docs/clif_all_aspirations_2012

Instructions

Access the 2010 annual report of Clif Bar & Company at the site shown above and then answer the following questions.

(a) What are the Five Aspirations?

(b) What was the company 10-year compounded annual growth rate? What is the amount of 10-year organic purchases made by the company?