Case | HBS Case Collection | March 1997 (Revised February 2010)

Compagnie du Froid, S.A.

by Robert L. Simons and Antonio Davila


The owner of an ice cream company must evaluate the performance of three regional businesses. To do the analysis, students must flex the budget by seasonal temperature; calculate revenue, volume, price, and efficiency variances; analyze the effects of transfer prices; and calculate return-on-investment. In addition, the owner considers how to set strategic boundaries and how to compensate his managers.

Keywords: Analysis; Investment Return; Performance Evaluation; Revenue; Budgets and Budgeting; Food and Beverage Industry;


Simons, Robert L., and Antonio Davila. "Compagnie du Froid, S.A." Harvard Business School Case 197-085, March 1997. (Revised February 2010.)