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Tesco Case Study
Retail multinational learning: a case study of Tesco The Authors Mark Palmer, Aston Business
School, Aston University, Birmingham, UK Acknowledgements I would like to thank Dr Barry
Quinn at the University of Ulster for his thorough critiques of my ideas on an early draft of this
work. This paper has developed out of doctoral work supported by Sainsbury's. I am also grateful
for the assistance of British Stores & Shops Association and, in particular, The George Spencer Trust
under individual Research Awards. Abstract Purpose – This article examines the internationalisation
of Tesco and extracts the salient lessons learned from this process. Design/methodology/approach –
This research draws on a dataset of 62 in–depth ... Show more content on Helpwriting.net ...
From this perspective, it is critical to understand international retail experiences through reflection
and analysis, and to identify what has been learned from the internationalisation process.
Furthermore, while some researchers in the field have indicated that experience is important for
many aspects of market entry and development (Treadgold, 1991; Williams, 1991a, b; Evans et al.,
2000; Doherty, 2000) it is clear that these studies do not provide detailed empirical or conceptual
understanding of this complex learning phenomenon. For example, this work does not directly deal
with the questions: What are the components of this experience? What lessons can be drawn from
this experience? How does this experience shape or inform the decision–making process of the
international retailer? It would therefore appear that the international retail literature is less
developed in considering what retailers have learned from their experience of internationalising
store operations. This paper aims to probe these issues by providing a more extended debate and
considered analysis of the concept of international retail learning within the context of Tesco's
internationalisation process. It should be noted that it is outside the scope of this paper to present a
review of the international retail literature (see the excellent reviews by Alexander (1997);
Alexander and Myers (2000); and Burt et al. (2003)). This would increase the length of the paper
substantially
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Management
ISBN 1947–833X Proceedings of 1st Global Business Summit Conference (GBSC 2009), Kelantan,
Malaysia University of Technology Mara Malaysia, Shah Alam, 15–17 June 2009, Volume 2, pp.
128–137
Entry Mode Strategies of Malaysian Service Firms: A Resource–Based Approach
Mohammadreza Asgari*, Mohd Nazari Ismail**, Syed Zamberi Ahmad*** Faculty of Business and
Accountancy, University of Malaya, Kuala Lumpur
ABSTRACT The rapid progress in services has attracted scholars to study the behaviour and
decisions of service firms. Firms from Malaysia, as a developing country, with a fast growing
economy that increasingly relies on services have shown a remarkable expansion into foreign
markets, which has resulted in high foreign direct investment ... Show more content on
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Due to speedy globalization of economic activities, service firms succeeded in expanding their
business into emerging markets (Ekeledo and Sivakumar, 1998). According to Blomstermo et al.
(2006), rising attention is paid to research the internationalization process of service firms such as
the hotel industry, tourism, retailing, insurance, banking and financial services. Trade in services,
which comprised 20% of total international trade in 1980, increased to 23% in 2007 (UNCTAD,
2008). This is why the present research aims to focus on firms engaged in the service sector. To
clarify the research topic and establish a basis to make hypotheses, this study intends to answer the
following questions: Why do firms adopt different entry strategies to enter foreign markets? Do
firm–specific resources and country–of–origin development affect the entry decision of firms? Is it
possible for soft service firms to imitate the same strategies that hard service firms adopt? Does
psychic distance play a vital role in the choice of entry mode? MALAYSIA'S ECONOMY AND
THE ROLE OF SERVICE SECTOR Malaysia is a developing country with a GDP of US$214.7
billion in 2008 which considering its population of 25,274,133 indicates a GDP per capita of
US$8,495 (comparing to China US$3,174; Thailand US$4,155; Indonesia US$2,150; and Singapore
US$33,528). The service sector is an important part of Malaysia's economy. In 2008, 45.7% of the
GDP was yielded by services and 51% of the labour
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What Are The Strengths And Weaknesses Of Tesco
SWOT analysis, also known as SWOT matrix is a general organized list of businesses' greatest
strengths, weaknesses, opportunities, and threats. The SWOT analysis is further divided into two
different factors, namely the internal factors which comprises of the business's strengths and
weaknesses to the company as well as the external factors which comprises of opportunities and
threats to the company. Internal factors are factors that are within our means and control, for
example reputation, patents and locations whereas external factors are factors that we are not able to
control, for example suppliers and competitors. Every type of businesses are encouraged to use
SWOT analysis as an accessessment tool for their business, especially existing business which can
use it anytime ... Show more content on Helpwriting.net ...
However this can be said is also one of the strategy to attract consumers attraction toward their
company and also product. Tesco provides sponsorship which means that supporting a special event
or a cause either financially or materially. They are such as computers for schools given or
supported by Tesco. Tesco sponsorship opportunities includes Arts, Charities and causes, Education,
Media, Sports and many more. There are some key principles of sponsorship by Tesco which are
gaining publicity, creating entertainment opportunities, fostering favourable brand and company
associations, improving Community relations and also creating promotional opportunities. TESCO
can merge with other competitor of market such as Giant or AEON to dominate the market. By
merge with these competitor, TESCO can concer and increased their branch. Other then that,tesco
can sell many products and at the same time can attract more customer.it is easy for customer to
purchase at the one place.beside that,it can reduce the competitor market.This will bring massive
changes in their profit and
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Need For Conflict Resolution On The Land Use Conflict...
1 Research Objective
The need for conflict resolution in the land use conflict between concessions companies and
community members of the Nimba County in Liberia cannot be over emphasized since the
sustainability of most economies is predicated on the availability of natural resource of that country.
Concessions companies are established to accomplish their set objectives which includes profit
making and for these objectives to be attained stability and peaceful atmosphere must play a
significant role. It is important to know that due to the present competition amongst investors around
the globe there is the need for these concession companies to adapt the culture of consulting
community stakeholders when it comes to dealings with their ... Show more content on
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The third chapter presents the methodology that focuses on land use conflict by concessions
companies and its impacts on the community stakeholders and the Nimba community as a whole
and examines its statistical properties, including parameter constancy. Chapter four provides
analysis of empirical results and discussion.
Finally the fifth chapter is the conclusion. It also presents point for future research topics and makes
recommendations which can be useful in enhancing a peaceful coexistence between concessions
companies and community members in Nimba county and Liberia as a whole.
1.2.3 Personal Interviews
Qualitative research employs a variety of techniques to explore and interpret the way in which a
social actor experience or perceive the world and make meaning of the experience. According to
(Sander et al 2007), in an exploratory study (like this), semi–structured interview is helpful in
finding out what is happening in order to seek out new insight, hence its adoption.
Interviews attempt to understand the world from the subjectivist's point of view, to unfold the
meaning of people's experience, expectation and actions. Interviews therefore provide deep
meaningful data that reveal each individual's perspective. Semi–structured interviews allow the
researcher to access another person's opinion and discover
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Company Overview of Domestic Direct Competitors of Sime...
COMPANY OVERVIEW OF DOMESTIC DIRECT COMPETITORS OF SIME DARBY
(GENTING BERHAD)
Genting Berhad (Genting), a holding company for the Genting Group, operates resorts, casino and
plantations. It also develops properties, manufactures paper and generates electricity. The company
primarily operates in Malaysia. It is headquartered in Kuala Lumpur, Malaysia and employs
36,000people.
The company recorded revenues of MYR6,943.8 million (approximately $1,968.3 million) during
the fiscal year ended December 2006, an increase of 27.3% over 2005.The operating profit of the
company was MYR3,124.6 million (approximately $885.7 million) during fiscal year 2006, an
increase of 22.7% over 2005.The net profit was MYR2,242.5 million in fiscal year 2006, an ... Show
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Genting expects an even stronger growth for the oil and gas division in the future from increased oil
production in Muturi (Indonesia) and China.
WEAKNESS
Weak performance of property and manufacturing divisions
Despite an increase of 7.7% in fiscal year 2006, the property division's revenues have been volatile
over the recent years. For the period 2003–2006, the division's CAGR was –6%, the lowest among
all the company's business divisions. Despite a 6% increase in revenues, the manufacturing
division's profit before tax declined 44% in fiscal 2006 over the previous year. Weak performance of
these divisions would affect the overall growth of the company.
Weak returns
Genting has recorded weak returns in the last few years. Its return on investments and return on
equity for trailing twelve months (TTM) December 2006 were 10.2% and 13.5%, respectively,
lower than the industry averages of 10.5% and 16.8% for the same period. Weak returns reflect the
inability of the management to deploy assets in profitable avenues, and this could result in
decreasing investor confidence.
OPPORTUNITIES
Growing wealth of Asian population
Strong economic growth is expected to improve the spending habits of leisure travellers in the Asian
region. A number of Asian countries are expected to record a significant CAGR in GDP per capita in
the
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The Tropical Rainforest Biome In Tropical Rainforests
The tropical rainforest biome is an ecosystem covering around 6% of the Earth's surface and being a
home to over 50% of the plant and animal species. These environments are hot and humid all year
round, with the average amount of rainfall being 250cm per year. The temperatures in a rain forest
minimum tends to be around 20OC with the temperature not rising above 34OC regularly. Tropical
rainforests are found spanning from both sides of the equator between the tropic of Cancer and the
tropic of Capricorn meaning rainforests are in Central and South America, Southeast Asia, Africa
and Australia.
Deforestation has been a major concern in tropical rainforests, this is an act of destructing a forest
for multiple reasons including wood supply, agriculture purposes or the extraction of minerals and
energy. Forest loss till date is 18.03 million acres per year and it has been estimated that within 100
years all rainforests will be destroyed.
Palm oil is a vegetable oil high in saturated fats extracted from the palm fruit, the palm tree is a
native plant to West Africa then was imported into South East Asia in the mid–19th century. It is one
of the most popular edible oils and is being used in approximately 50% of products currently in the
supermarkets of Australia including cosmetics, toiletries and food. Malaysia and Indonesia grows
around 87% of palm oil while Australia imports about 130,000 tonnes of palm oil every year. Due to
the oil plantations being in countries where there
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Case Study Of SP Setia Business
History and Development
SP Setia business incorporated in 1974 as a construction company and began to focus on their core
business which is property development in 1996. One of their property development is the 700–acre
Pusat Bandar Puchong (Puchong Town Centre). According to SP Setia Bhd Group, (n.d.) the
company will set a benchmark in every SP Setia Projects, which is a well–planned development that
balances affordable quality residential and commercial properties with an outstanding landscape and
community–centric facilities.
SP Setia Project has three key well–established economic centers which are Klang Valley, Johru
Bahru and Penang. Besides, SP Setia also invested in the East Malaysia by building the state–of–
the–art transportation ... Show more content on Helpwriting.net ...
Its purpose is to develop ecoLakes at MyPhuoc Industrial Park. Moreover, SP Setia had been
exploring opportunities in China while expanding their business in Australia and Singapore.
Market Structure
According to (carissacheong; sp setia bhd, 2013), SP Setia has implemented the monopolistic
competition market structure. Monopolistic competition is defined as firms having a common
market structure but each one sells a slightly different product as they have various competitors,
such as property development. Property development offers the same type of product, but each of
their products has their own element of uniqueness that add value to their product depending on the
venue, but the firms are all targeting for the same customers.
There are a few significant characteristics in monopolistic competition, such as large number of
firms, differentiated product, easy of entry and local advertising. SP Setia is not the only property
development firm in Malaysia, as there are other property developers too, including ERM Sunrise
Berhad, Sime Darby, See Hoy Chan, Sunway Property, Dijaya Group, MK Land, Berjaya Group,
Glomac and Mah
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Personal Statement Of Purpose In Biology
Looking back to those days when I was passionate about Biology, I am fascinate most about the
human diseases and the relative preventive methods and treatments available. The most prestigious
gift that we human beings have been bestowed with is to save and change lives. Thus, I aimed to
explore the world of human biology and strive to reveal the unknown about our species and how I
would be able to use my knowledge and understanding to help others in need. When I was studying
sixth form, I remember fondly my science classes and recall my enthusiasm to participate and
absorb the knowledge being taught by my teachers. These classes exposed me to a lot of different
and amazing topics, Infectious Diseases being one of them which held my attention and curiosity.
This topic intrigued me due to the cause and symptoms, transmission of the disease, prevention and
treatment of various transmissible diseases. In fact, studying Biology at sixth form has answered a
few of my queries about the human body, but it has improved my analytical skills. Moreover,
chemistry I learned has improved my logical skills as I have learned inorganic and organic
chemistry, including the chemical reactions ... Show more content on Helpwriting.net ...
I learned about Barbara McClintok, whose revolved around the study of maize and changed the
world of genetics. Her stories greatly influenced and taught me to be self–motivated and disciplined.
She is the first woman to win an unshared Nobel Prize. McClintok work does not recognize by
people, but she never gives up, although she worked alone with no lab assistants and took decades
for the world to recognize her work. Her hard work inspired and motivated me as a woman to
contribute myself as a scientist and to persevere even when confronted with seemingly
insurmountable obstacles. From her, I learned that if I tried hard, I could succeed; if I didn't try at
all, I must be in total
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Natural Resource Conflicts And Conflict
Introduction
This chapter examines the relevant literature both domestic and abroad and key concepts that frame
the study and justifies their use. These Prior research on land use conflicts, Land conflicts and
Livelihoods, Mining and Customary land Use, Customary Land use Tenure in Liberia, Land Use
Conflicts between Communities and Concessions companies in Liberia, Sime Darby Concession
conflict in Liberia will focus on the domestic literature, followed by the Concept of Conflict,
Conflicts Analysis Tools/Model and summary of the chapter.
2.2 Land Conflict and Livelihoods
Thomson and Kanaan (2003), propounded that the origin of Conflicts in human society date back to
antiquity and studies into conflicts are manifested by the works of ... Show more content on
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All these are entangled in complex bundles of rights and interests and have been fields of power
struggles (Marfo, 2003). Skewed power share among communities, Companies and the land
services, as well as some other interest groups, show the distribution of control over the land use
leading to conflicts. Access to and the use of these natural resources plays an important role in many
conflicts.
Touch Siphat in (2009) attempts to understand the impact of economic land concessions for agro–
industrial production promoted by government. This promotion heavily impacts on the locals'
livelihoods and obstructs decentralized natural resources management, especially in natural forest
resources. They also examined locals' response to such a development scheme. The study found that
in regard to "economic growth", the state has very strong control over natural resources and people.
Further, as a post–war nation, the state commits to developing its economy by gathering
involvement from different stakeholders, including international donors, development agencies,
NGOs, and local people in the development process. Yet privatization of natural resources such as
land, forestry, mining and so forth can be also found in the country in favor of a globalizing
economy. In terms of economic liberalization, Cambodia has been integrated into the regional and
global economies.
This approach offers a good opportunity to
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Sejarah Tingkatan 2
MATA PELAJARAN SEJARAH TINGKATAN 2 BAB 1 :KEDUDUKAN STRATEGIK
MENDORONG PENGUASAAN BRITISH 1. Pertapakan Syarikat Hindia Timur Inggeris (SHTI) di
Pulau Pinang Pulau Pinang merupakan sebahagian daripada Kedah.(pusat maritim). SHTi tidak
dapat menguasai Kedah kerana Kedah adalah di bawah naungan Siam. Punca SHTI mahukan Pulau
Pinang : 1. Kedudukan strategik laluan perdagangan Timur Barat 2. Pusat pengumpulan barang
dagangan i. Pusat pengumpulan Barang – Teh dari Cina manakala Cina memerlukan emas, perak,
bijih Timah dan lada hitam. ii. Pelabuhan persinggahan – Pulau Pinang dapat menyediakan
keperluan bekalan air, makanan dan membaiki kapal ... Show more content on Helpwriting.net ...
iii. British tidak akan membantu Kedah menyerang Siam iv. British akan menghantar balik sultan
Kedah yang berlindung di Pulau Pinang ke kedah dan Kedah hendaklah membayar ufti ke Siam. v.
Siam mengiktiraf pendudukan British di Pulau Pinang. Dan Seberang Perai. Punca Pulau Pinang
gagal dimajukan sebagai pusat Perdagangan :– 1. Terletak jauh di utara dan gagal bersaing dengan
pelabuhan Betawi, Riau dan Lingga. 2. Perdagangan dengan Cina amat penting terutama the, sutera
,kain kapas dan bahan pencelup.Britih dapat menguasai melaka dan Betawi sewaktu perang
Napoleon dan selepas perang terpaksa menyerah semula kepada Belanda.. Belanda mengenakan
cukai yang tinggi kepada pedagang British di Betawi.Usaha Stamford gagal untuk mendapat
pelabuhan baru sepeeti Palembang , Acheh dan Riau. Kesan ; – Raffles mencadangkan kepada SHTI
membukja pelabuhan di Singapura. Singapura merupakan sebahagian daripada kekuasaan Johor.
Sebab Singapura penting untuk SHTI;– ` i. Kedudukan strategik dibahagian selatan dan dapat
bersaing dengan . Betawi ii. Dapat menyekat kuasa Belanda Strategik Raffles mengambil Singapura.
i. Mula mendarat Januari 1819 dan memaksa Temenggung Abdul Rahman tandatangan perjanjian
yang membenarkan British membina Loji di Singapura.. Syarat perjanjian
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Case Study Of General Tire
In 1979 Continental purchased the European tire factories of Uniroyal, the U.S. firm that was started
its retreat from the tire business. As a result Continental obtained a second French factory and
another German plant and factories in Scotland and Belgium. The other profit was the established
marketing position of the Uniroyal brand. The acquisition of Kleber–Colombes, a financially
troubled French firm in which Michelin held a major stake, was discussed, but not pursued in 1980.
In 1985 Continental purchased the tire division of Semperit, the largest Austrian rubber firm, for
DM 47 million. The expansion and diversification joined with an economic upturn contributed to an
improvement in the firm's finances. The most remarkable step in Continental's transition, via
acquisition, to major international producer came in 1987 with the purchase of General Tire for
US$650 million from GenCorp. Continental obtained the four factories, the brands, the original
equipment contracts, and the marketing network of the fifth largest U.S. tire manufacturer. In
addition, General Tire had owned Mexican and Canadian factories. As a result, Continental then
accounted for 6.6 percent of the world tire market in 1988 and 8.1 percent in 1989, making it the
fourth largest producer, with more than ... Show more content on Helpwriting.net ...
Continental and Yokohama form a 50/50 joint venture to step up tire activities with Japanese
automotive manufacturers. The new company, named Yokohama Continental Tire Co., Ltd.,
promoted tire businesses by marketing original equipment tires for passenger cars, light trucks and
trucks/busses to Japanese automakers and their overseas transplants as well as to Korean
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Sime Darby
Page 1 of 6
Fundamental Analysis for SIME DARBY BHD
Company Name: Stock Code (Bursa): Bloomberg: Industry: Sub–Sector: Company Description:
Date of Analysis: Financial Year: SIME DARBY BHD Board: Main Board SIME FBMKLCI:
TRUE SIME:MK Reuters: SIME.KL TRADING SERVICES OIL PALM/RUBBER AND OTH
CROP PRODUCTION PLANTATION; PROP; MOTORS; INDUSTRIAL; ENERGY &
UTILITIES. 19–Sep–12 2011 30/6/2011 Price: 9.79 Stock Grade: Emerging Investment Grade
Profitability Profitability 10 ROI 8 ROI Liquidity 6 Efficiency 4 Risks 2 0 Potential Growth
Buy & Hold Returns
Potential Growth
65 75 90 50 105 105 Buy & Hold Returns 25 Liquidity
51.80759 40.02273 62.4099 36.10128 85.8969 57.48956 18.75
7.97 5.34 6.93 7.22 8.18 5.48 7.5
Risks ... Show more content on Helpwriting.net ...
Current DY% or Rolling 4Q DY% > 6% 5. Stock price breaks out of consolidation/dip on an
uptrend. 6. Comparison of P/B ratio (for Financial stocks only) 7. Company owner, EPF, Khazanah
and PNB heavily buying Sell Criteria
I
Remarks
Criteria
1. Current EY% or Rolling 4Q EY% < 6% for more than 2 years 2. Current DY% or Rolling 4Q
DY% < 6% for more than 2 years 3. Quarterly EPS drop for 5 consecutive months 4. Fundamental
of business turns unattractive or bad 5. Found a better opportunity to replace this stock 6. The stock
drops near to my average cost or hit my stop loss 7. Long term trend changed from bullish to bearish
8. Company owner, EPF, Khazanah and PNB heavily selling. 9. Did I make a mistake? 10. Has the
stock risen too far from its intrinsic value?
VI Remarks
Discounted Cash Flows Valuation
Shares Out. M. O. S.
13
Default Value Custom Value
6009.46
11 Sustainable Growth % (for Average risk Average Discount % Terminal % 2011 FCF Excess Cash
Intangibles Intangibles% Decay Rate Extra Decay Growth (for DCF Calc.) premium Risk free
Assets add to DCF (Yr4E–Yr7E) (Yr8E–Yr10E) reference) rate 20% 5% 8% 5.50% 3.68% 9.2%
2% 2068.66 4593.30 86.00 0% 8% 15% 4% 11.50% 15% 20%
Projection of Future Free Cash Flow
2012 Yearly Growth Future Value Discounted Perpetuity Value Present Value 2,151.41 2013
2,237.46 2014 2,326.96 18,023.58 28,024.79 3–Y Shares Outstanding Fair Value Desired M.O.S.
Buy Under Current Price Actual M.O.S. 4.66
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Porter's Five Forces Analysis Tesco
Introduction: On 29 November 2001, Tesco Stores (Malaysia) Sdn. Bhd has been established and
which is partnering with Tesco PLC UK and Sime Darby Berhad. There are 30% of the total shares
that Sime Darby has holds. Tesco in Malaysia have a joined floor space of more than 4 million
square feet. In 2002, the first Tesco hypermarket was opened at Puchong, Selangor. Tesco Malaysia
nearly has 15000 employees and 40 stores in Malaysia today. Tesco Hypermarket and Tesco Extra
Hypermarket was the two formats that has been started in Tesco Malaysia in December 2006. Tesco
Hypermarket has provide a complete one stop shopping for the customer needs, for example fresh
food, apparels, groceries and also household needs. There are more than 60000 lines ... Show more
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This is because a food grocery retailer market require a colossal capital interest to compete with
current leading competitor, for example AEON, Giant and Tesco (Lindsay, 2012). Threat of
substitute products and services is the last of Porter's Five Force Model. For Tesco, the threat of
substitute products and services is medium. Switching costs may reduce the threat. Besides
customers shop in physical stores they also can shop in online services wherever they are. Switching
cost give every customers a good services, provide good quality products to all customers and also
will the long–term contract with financial penalty will achieve. The first strategy is overall cost
leadership. Overall cost leadership is to provide same products by giving customers a good services
and good quality of the products at the lowest price than the other competitor, which is Tesco can
know how to cut the price of their products in cheaper rate than their competitors. Tesco based on
their ability to maintain their operating costs, so that can earn more profit and also the price of
products able to
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Offshore Construction in Malaysia
Offshore Construction in Malaysia
Petroleum is essentially the most important commodity in the world today. In almost all form of
transportation, oil or petrol, derived from crude petroleum, is used to move people and the
importance of petrol is seen with the establishment of offshore drilling structure fabricator and its
the supporting industries in Malaysia. As of today, there are 7 of such yards in Malaysia that is
capable of fabricating offshore structure.
The world's pricing mechanism of petroleum is determined by OPEC (Organization of the
Petroleum Exporting Countries) and is quantified by barrels of crude oil. At peak, price of crude oil
is USD147.27 per barrel in July 2008 following concern of an impending missile test by ... Show
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Keppel FELS is among the first few fabricators in Singapore that has embraced new welding
technology such as the use of high deposition submerged arc welding consumables. The way this
high deposition submerged arc welding consumables work is that it uses the very same machinery,
very same set of welding parameters, same operator skills and the characteristics of this
consumables enables it to be welded much faster than other brand of welding consumables of the
same specification. A comparison report was done on the use of this high deposition wire against
competitors generic wire clearly shows that this high deposition wires saved the customer 135
minutes in welding a 0.95 meter length metal. (Michael, p.2). KFELS is estimated to have 50 of
such machines that are able to use this high deposition wires which translates to a saving of 6,750
minutes when welding a 0.95m length of metal. Suffice to say, from a time saving factor point of
view, the offshore fabricators in Malaysia would lag behind in terms of time taken to complete. As
of today, no Malaysian fabricators have yet to incorporate these welding consumables in their
project, although it's proven the time saved when using these high deposition wires far outweigh the
initial purchase cost of it.
Along with the time saving factor, fabrication yards in Batam Island are known to review their
welding process from time to time and select the most cost saving welding
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Code Of Ethics In Construction Industry
1.3 .1 Higher unethical practices in Government–linked Company in Malaysian construction
industry
According to Gomez–Meija, Balkin & Cardy (2007), Code of Ethics is one of the best standards or
guidelines provided to conduct and decision making of employees and managers in construction
industry. However, available evidence shows that the concept of Code of Ethics is still not widely
adopted in Malaysia construction industry. The situation getting worst where graft and malpractices
in the Malaysian construction industry are numerously reported in the media and regarded as
synonymous with construction players. The findings of research carried in construction industry in
the practices in Malaysia provide evidence that the construction industry is plagued with ethical
issues.
The literature also revealed several common problems focused in Government–linked Company in
Malaysian construction. ... Show more content on Helpwriting.net ...
Meanwhile the Code of Ethics in Malaysian construction industry has also been introduced; but no
enforced. This situation causes impact in GLCs company on construction project's quality, time and
costs (CIOB, 2006) demonstrates that ethical standard in Malaysian construction industry is
considered lower', and the ineffectiveness of Code of Ethics have correlation with higher unethical
behaviour of the construction players'. (Abdul Rahman, et al 2010). According to Liew (2007)
claims that lack of implementation and enforcement being the main factor unethical practices in
Malaysian construction. Enforcement by government was required to guide individuals and
corporations to act with full integrity and honesty (Liew,
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Sime Darby Berhad: Classical Management And Behavioral...
According to Sime Darby Berhad, the company are mainly using Classical Management and
Behavioral Management. In the view of Classical Management, the company focuses on
maximizing worker productivity. This method falls under Scientific Management. Sime Darby
applied the Taylor's Principles of Scientific Management to make the organization more efficient.
The company developed standard method for every employee for performing each job. Selection of
workers are based on the appropriate abilities of each job with equal opportunities for everyone.
Besides, Sime Darby encourages and provides further learning and training for every workers and
leaders by providing a dynamic and challenging workplace that gives emphasis on the opportunities
to improving employee and leadership skills, talents and capacity. Sime Darby continues offers
equal employment ... Show more content on Helpwriting.net ...
Every company does have basic formal set of rules and procedures to obey so does Sime Darby
Berhad. The way Sime Darby berhad of division labor are according to expertise which means based
on their personal knowledge about what field they are better on. Besides, the company selection or
promotion of individuals are based on ability and merit. As mentioned, the company are concerns
the task of individual employees.
Besides, Sime Darby Berhad uses Behavioral Management. The company are very concerns of
individual personalities and behaviors in determining behavioral outcomes in the working
environment and understanding of human behavior such as motivation, expectation, or conflicts
would enhance individual productivity in the workplace. For Sime Darby Plantation, they believes
in nurturing and developing the potential of their employees. Sponsorship, scholarships and research
grants for further education will be provided to qualified individual, the underprivileged and those in
need of financial who have passion to improve themselves for a better future. The company do
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Palm Oil : How It Is Impacting Our Planet
Palm Oil – How It Is Impacting Our Planet
Palm oil has many popular uses in the world today. Its production has also caused great concern for
the impact it has on the planet, especially due to deforestation. Palm oil is a vegetable oil that comes
from the fruit of the African oil palm tree and can be found in roughly 50% of packaged goods
found in your local grocery store. It is the most widely produced edible oil.
Oil palms were brought to South–East Asia in the early 20th century. The main demand for the
industry 's expansion is believed to have come from the British Industrial Revolution. At that point
in time, 250,000 tons of palm oil were being exported annually from South–East Asia and today that
number exceeds fifty–five million tons.
The commercially grown oil palms are planted in large plantations. They can be found growing
throughout Malaysia, Indonesia and other tropical countries within 10˚ of the equator. They produce
more oil than any other crop on the planet and can be harvested for up to 25 years. After this time,
the trees are chopped down and replanted because the plantation workers can no longer reach the
fruit bundles. Oil palms have an average annual oil output of approximately 10 tons per acre of land.
A palm produces up to 12 fruit bunches each year and can contain 1000–3000 fruits.
Palm oil is produced at a lower cost than other vegetable oils. Supply and demand for palm oil is
increasing dramatically. While it is used in a wide variety of
... Get more on HelpWriting.net ...
Operational Level And Strategic Level: The Level Of...
1.1 Consider the range of decisions to be taken.
There are three level of management in Tesco which are operational level, tactical level and strategic
level. There are also four main types of decision can be taken by the level of management of Tesco
which are structured decision, nonstructured decision, recurring decision and nonrecurring decision.
Operational level is the lowest level of management in Tesco such as . Operational level in Tesco
has make a structured decision which means the decision made by an organization in a precise way
so that the expected outcome can be obtained. Tesco had decided to extend their three days opening
hours to 24 hours when Hari Raya celebration is near (Sathesh, 2015)
(http://english.astroawani.com/malaysia–news/tesco–operate–24–hours–hari–raya–nears–65208). ...
Show more content on Helpwriting.net ...
Tactical level in Tesco has make some nonstructured decisions which mean there may be several
answer for the decision made. Tesco has decided to carry out a long term campaign titled "Lebih
Jimat" from 6th of April until 31st of December 2015. Tesco has invests RM50 million to reduce the
prices of 1000 items including essential fresh and grocery products in the physical store as well as
the online service. Although Tesco has benefits the customers to purchase products with price
reduction from 20% to 44%, Tesco do not know the outcome of the campaign such as they may
succeed or fail in the campaign. For example, their customers may purchase the products from their
competitors as their competitors may carry out the same promotions which offer cheaper price than
they
... Get more on HelpWriting.net ...
Tesco Porter's Five Forces Analysis
Introduction: On 29 November 2001, Tesco Stores (Malaysia) Sdn. Bhd has been established and
which is partnering with Tesco PLC UK and Sime Darby Berhad. There are 30% of the total shares
that Sime Darby has holds. Tesco in Malaysia have a joined floor space of more than 4 million
square feet. In 2002, the first Tesco hypermarket was opened at Puchong, Selangor. Tesco Malaysia
nearly has 15000 employees and 40 stores in Malaysia today. Tesco Hypermarket and Tesco Extra
Hypermarket was the two formats that has been started in Tesco Malaysia in December 2006. Tesco
Hypermarket has provide a complete one stop shopping for the customer needs, for example fresh
food, apparels, groceries and also household needs. There are more than 60000 lines ... Show more
content on Helpwriting.net ...
Downward in the flows of information is refers to the higher level are passed to the lower levels. For
example, personnel information in organizational perspective is downwards. This is because the top
management will set some new training programs for the employees of Tesco to learn new skills and
also give training to all staff so that can get a better customer service from employees to customers.
So, this may improve the organization service skills. All staff must involve and follow in new
training programs. Besides, upwards in the flows of information means the transaction in
organization. For example, financial information of Tesco in organizational perspective is upwards.
This is because Tesco will have day–to–day transaction and also will let Tesco earn profit while
customers is purchase those items or products in Tesco. So that the financial department will report
monthly statement to top management and this may let top management know the current situation
of the company. The horizontal in the organization perspective is refers between the functional
business units and the work teams. For example, between the sales department and financial
department. This is because Tesco will have day–to–day transaction and sales department must
report their monthly statement to financial department so this may let top management
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What Is The Value Chain Analysis Of Sime Darby Plantation
Value chain analysis of sime darby Plantation: Code of Business Conduct Anti–Corruption
supporting Labor Practices activities Human Rights HR MANAGEMENT Primary activities
upstream ops midstream downstream consumer ... Show more content on Helpwriting.net ...
Industrial: Code of Business Conduct Anti–Corruption supporting Labor Practices activities Human
Rights HR MANAGEMENT Primary activities machine sales ops product rental total
... Get more on HelpWriting.net ...
What Is The Five Forces Of Tesco
Organization Name : Tesco Stores (Malaysia) Sdn Bhd
Student ID : DBS 15027
Name : Lee Chiew Yeng
Subject : Unit 16 Managing Communications, Knowledge & Information
Lecturer Name : Ms. Seethai Subramaniam Executive Summary
Table of Contents
No. Title Page Number Task 1
1 1.1 Consider the range of decisions to be taken.
2 1.2 Investigate the information and knowledge needed to ensure effective decision taking.
3 1.3 Analyze internal and external source of information and understanding.
4 1.4 Support recommendations for improvement. Task 2
5 4.1 Present your findings on existing approaches to the collection, formatting, storage,
disseminating information and knowledge of your selected organization.
6 4.2 Execute appropriate changes to improve the ... Show more content on Helpwriting.net ...
In addition, supplier power is the opposite of buyer power. Suppliers of Tesco are Federlite Sdn Bhd
and more. Tesco has also creates their own brand which is Tesco finest*, Tesco Everyday Value,
Tesco and Tesco Loves Baby.
Threat of substitute products or services:
Threat of new entrants:
The threat of new entrants of Tesco is low as it is difficult for competitors to enter the market in the
same industry. A large amount of investment is needed to enter the industry of hypermarket.
Besides, there are some entry barrier before a Tesco store is opened such as Tesco own brand
Rivalry among existing competitors:
The rivalry among existing competitors of Tesco is high as the competition in the market is fierce.
There are a lot of hypermarkets in the market which are the competitors of Tesco such as Giant
Hypermarket, AEON BiG, Cold Storage, Mydin, H&L Group, Pacific Hypermarket, TMG Mart,
The Store, Isetan, AEON, Servay Hypermarket, Pantai Timur Hypermarket and Jaya Grocer.
Therefore, it
1.3 Analyze internal and external source of information and understanding.
1.4 Support recommendations for
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Speech On Lung Cancer
Lung Cancer: Awareness & Prevention
Lung cancer is the leading cause of cancer deaths among men and women in the Bangladesh,
according to the Bangladesh Lung Foundation.
The treatment of this disease is not up to the mark in Bangladesh. Lack of good facilities, skilled
manpower and physical infrastructure, ineffective and inefficient treatment, corruption in the health
management, politics among the health service providers, disparity in production of drugs etc are the
reasons why our country is lagging behind.
However there is an option how you can avail medical treatment in abroad. With the help of GD
Assist you can easily have your medical treatment in abroad.
In this blog we are going to focus the in depth details of what lung cancer is, main reasons behind
the cancer, symptom ... Show more content on Helpwriting.net ...
But there are many of the risk factors for these cancers.
a. Smoking
Smoking tobacco is one of the main causes of lung cancer. More than 8 out of 10 lung cancers
(80%) are caused by smoking. This also includes breathing in other people's cigarette smoke. Even
occasional smoking increases the risk of lung cancer.
b. Non–Smokers
Passive smoking also causes lung cancer. Many people with lung cancer are former smokers, but
many others never smoked at all.
c. Changes to the gene
Certain changes in the DNA of lung cells can lead to lung cancer. These changes can lead to
abnormal cell growth and, sometimes, cancer.
d. Chemicals and workplace risk
Some substances increase the risk of lung cancer. These include asbestos, silica, and diesel exhaust.
People can be exposed to these through their work.
e. Exposure to radon gas
Radon gas is a naturally occurring radioactive gas that comes from tiny amounts of uranium present
in all rocks and soils. Radon gas can build up in homes and other buildings.
f. Air Pollution
We know that air pollution can cause lung cancer. The risk depends on the levels of air pollution you
are regularly exposed
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Difference Between Sime Dale And Chevron
Comparison between Sime Darby (national) and Chevron (international)
Sime Darby stated that accounting records is very crucial thing in their organization to creating a
report, so the record must obey to the principles also laws and regulations as their created. Financial
records also essential to the company to make a decision making processes and the proper financial,
legal and reporting obligations. Any misrepresentation of information may compose to fraud and can
result in civil and criminal liabilities. Sime Darby also has their own Records Management
department. It maintains records for business purposes and requirements, compliance with legal, tax,
accounting and regulatory laws. All those records must be handling according to the ... Show more
content on Helpwriting.net ...
The policies and procedure consist of assigning the appropriate authority and responsibility to
individuals, proper authorisation of transactions, maintaining accurate and adequate records and
documentation, limiting access to confidential assets and information on a need to– know basis,
having independent verifications and approvals, fostering adequate segregation of duties and
avoiding any conflict of interest and be alert for any indication of fraud, misappropriation and other
irregularities. Thus, all employees have a responsibility to act sincerely and report any instances of
possible fraud, corruption, misappropriation or other irregularities to ethics line. While in
information categorized, Astro should ensure honest and accurate recording and reporting of all
information on the company's records to avoid any misrepresentation or disclosure of ambiguous
information. Employees involved in the financial recording processes reports must ensure that
transactions are complete and recorded accurately and promptly. In intellectual property rights,
Astro We are expected to protect the intellectual property rights of the Company, those of others and
at the same time ensure compliance with applicable laws and regulations. This includes the
Company's name, logo, taglines, inventions, processes and innovations. Last but not least, Astro also
very committed to the protection of the rights of authors of literary and artistic works and the
copyright thereof, and will comply with appropriate international and local laws with respect to their
use, recording, broadcasting, reproductions, translation, adaptations and arrangements of these
literary and artistic works. Employees have a responsibility to acknowledge that any intellectual
property created by employees in the performance of their job responsibilities belongs to the
company. Then, they have to report any
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Case Study Of Proton
POOR IMPLEMENTATION OF THE MARKETING PLAN IN THE REAL WORLD It all started
with Proton's chairman Tan Sri Mohd Khamil Jamil expressing his disappointment to Business
Times, saying Malaysians are not supporting Proton, a product made from our national pride.
Comparing against the Japanese and Korean markets, which have strong support from their
domestic market, the chairman could not understand why Malaysians would rather pick other
models despite Proton achieving improvements in their products and technology a statement was
later issued by Khamil that the remark was taken out of context and he did not mean what is being
implicated. Perception Malaysia was a very different place then and for the general populace, there
was a great deal of pride associated with Proton. But pride alone doesn't sell because even back
then, the reliability of the Japanese automakers was established and Proton's first ... Show more
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This is something all car manufacturers should be aware of and coupled with the certainty of
increasing cost of manufacturing, Proton needs to find ways to increase sales so that production
could be ramped up for better economies of scale. If price advantage is the position Proton wishes to
take in positioning its models, then the two largest markets in the world – India and China – become
a priority. With India, affordable small cars account for about 60% of the total market but more than
25% of vehicles in India are diesel powered. Proton has been testing a Global Small Car with lots of
local sightings but Proton has no key diesel technology to speak of so even if it does manage to
enter India, it may not have the right product offering to gain a foothold there. China, on the other
hand, has Youngman to market the Gen. 2 and Persona and is rebranded as
... Get more on HelpWriting.net ...
Corporate Governance : The Top Level Managements
Introduction The importance of Corporate Governance has been strongly highlighted by many
organizations and foreign nations. According to Zulkafli (2004), Corporate Governance is the
process and structure used to direct and manage the business and affairs of the company towards
enhancing business prosperity and corporate accountability with the ultimate objective of realizing
long term shareholder value, whilst taking account the interests of other stakeholders . This, in
simpler terms meaning managing the company's money in such a way, where they face less risk and
maximize the utilization of the resources. Due to this reason, corporate governance is becoming a
must in many nations and their economic policy. However, over the years, many such corporate
governance failures have been a root cause in the company's demise. The top level managements'
misleading actions have been detrimental to their organization. International scandals such as Enron,
Worldcomm, and Tyco International, have created a stir in the economy and harmed their company.
Many top level staffs were fired, accused and even tried in court, with a majority of them facing
prison sentences even till now. Recent Corporate Scandals in Malaysian PLCs Sime Darby Fiasco
The Sime Darby fiasco indicated a distinct failure in Malaysia's corporate governance. The Sime
darby's CEO Datuk Seri Ahmad Zubir Murshid with other employees were responsible of indicating
a cost overrun (a loss) of nearly 2.1 billion ringgits
... Get more on HelpWriting.net ...
The For Conflict Resolution On The Land Use Conflict...
Research Objective, Content and Key issues to be resolved
1.2 .1 Research Objective
The need for conflict resolution in the land use conflict between concessions companies and
community members of the Nimba County in Liberia cannot be over emphasized since the
sustainability of most economies is predicated on the availability of natural resource of that country.
Concessions companies are established to accomplish their set objectives which includes profit
making and for these objectives to be attained stability and peaceful atmosphere must play a
significant role. It is important to know that due to the present competition amongst investors around
the globe there is the need for these concession companies to adapt the culture of consulting
community stakeholders when it comes to dealings with their lands. The research will target the
following Stakeholders such as youth, women groups, elders, chiefs, civil society organizations and
local government officials in the Nimba Country region.
1.2. 2 Research Content and research Method
The research thesis is composed of five chapters. The first chapter provides the background of this
research and will follow along with the purpose and meaning of the research. After the purpose and
meaning/problem statement, we will focus on the research target, content, the key issue to be
resolved, the research methods and innovation. The second chapter is composed of the literature
review and concepts about theoretical framework for customary
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Oreo and Pt Danone Biscuit
TUGAS
MANAJEMEN INTERNASIONAL
STRATEGIES FOR INTERNATIONAL COMPETITION
&
ANALYZING AND MANAGING FOREIGN
MODES OF ENTRY
FOR
FOOD INDUSTRY (BISCUIT)
Oleh :
Kelompok 5
Margaretha Pink Berlianto (19090054)
Diana Permana (19090062)
PROGRAM STUDI MASTER OF MANAGEMENT
UNIVERSITAS PELITA HARAPAN
JAKARTA
2010
DAFTAR FOREIGN DIRECT INVESTMENT DALAM BIDANG FOOD INDUSTRY (BISCUIT)
DI INDONESIA
1. PT Kraft Foods Indonesia. 2. PT Arnott's Indonesia. 3. PT Ceres Meiji Indotama.
DAFTAR IMPORTIR DAN DISTRIBUTOR DALAM BIDANG FOOD INDUSTRY (BISCUIT)
DI INDONESIA : 1. PT Pandurasa Kharisma (Wernli, Famous Amous) 2. PT Nirwana Lestari
(Toblerone, Guylian, Ritter Sport, Toffifee, Merci, Werthers Original, Pez, Fisherman Friends,
Riesen, ... Show more content on Helpwriting.net ...
Both children and adult people like snacks.
The types of biscuits as snacks grow fast both in taste, packaging and form. Biscuit snacks have
wide market with market targets including children, boys and girls. The competition, therefore is
tight among the products of biscuit snacks marked with aggressive advertising by producers.
Investors are more interested in the market of biscuits for snack in the country.
Production capacity growing
Capacity utilization of the country's biscuit industry is high despite price hikes of basic materials.
Production capacity of Indonesian biscuit industry has increased from year to year reaching 232,762
tons in 2003, and 246,728 tons in 2004 and 299,035 tons in 2006.
The increase in production capacity followed expansion by some of the many producers and the
operation of new producers.
Producers of biscuit and production capacity
Most major producers in the country such as PT Khong Guan, PT Mayora Indah, PT Arnott's
Indonesia and PT Nabisco Foods produce wafer, cookies and crackers.
There are few producing biscuits in tin but they have large market shares especially on certain
occasions like Idul Fitri, Idul Adha and Christmas and new year when many people give, send or
exchange gifts.
The country has more than 200 producers of biscuits––medium and large producers. Among the
large producers are PT Khong Guan Biscuit, PT Mayora Indah, PT Nabisco Foods, PT Arnott's
Indonesia, and
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Sime Darby Case Summary
Liquidity:
As calculations show Sime Darby's ability to cover its short–term liabilities generally increases
throughout the 2009–2013 period. In 2010 the current ratio had a slight decline to 1.64 with the
following recovery in 2011; however, it experienced a sharp drop to 1.53 in 2012. In 2013 it reached
its highest level of 2.09 for the whole period of 5 years. Among its competitors Sime Darby's current
ratio is in the middle. IOI Group has the highest current ratio of 5.30 as it has a very high current
assets, whereas Bousted Holding has the lowest one of 0.73, because its short term debts amount is
exceeding its current assets.
The acid ratio has similar to current ratio trend. It also has experienced a decrease in 2012 to 0.59
with the ... Show more content on Helpwriting.net ...
In 2009 Sime Darby used 25% of debts to back up company's financing. In 2013 this figure
increased to 36%. Because the gearing ratio exceeds the industry average, we can say that Sime
darby is comparably vulnerable to downturns, because it has continue servicing its debt regardless
the level of sales company has. However, since the company is only 36% debt financed, the equity
proportion will provide a cushion and will be used to measure the financial strength.
Most of Sime Darby's competitors have gearing ratio less than industry level. However Berjaya
Holding's gearing is 55%. This means that it is 55% debt– and 45% equity financed. Since it is more
leveraged, the company will have higher risk.
Since there is a concern whether SIme Darby has an ability to meet the debt, we have calculated
interest coverage ratio. The lower the interest coverage ratio, the higher the company's possibility of
bankruptcy or default. In 2010 there was sharp decline of interest coverage ratio to 6.87, because
EBIT in 2010 fell considerably. However, with the recovery of EBIT, interest coverage ratio also
increased and reached 15.84 in
... Get more on HelpWriting.net ...
Xyz-List of Speakers
List of Speakers 1. Mr Nazery Khalid Senior Fellow/Centre Head, Centre for Maritime Economics
& Industries Maritime Institute of Malaysia (MIMA) nazery@mima.gov.my 2. Ms Margaret Ang
Researcher, Centre for Maritime Economics & Industries Maritime Institute of Malaysia (MIMA)
margaretang@mima.gov.my 3. Mr Khamarudin Mansor Managing Director Kay Marine Sdn Bhd
khamarudin@kaymarine.com.my 4. Ir Hisham Haron General Manager, Marine Repair Malaysia
Marine and Heavy Engineering Sdn Bhd (MMHE) hisham@mmhe.com.my 5. Mr Mohd Fairul
Sany Senior Sales Executive Jotun (Malaysia) Sdn Bhd faizul.sany@jotun.com.my 6. Oh Kean
Shen Managing Director Pen Marine Sdn Bhd ksoh@pc.jaring.my 7. Mr Norulhadi Md Shariff
Chief Executive Officer Global Maritime ... Show more content on Helpwriting.net ...
Mr Udayakumar A/L Poonarangam Head – Corporate & Business Development Division Gagasan
Carriers Sdn Bhd udaya@gagasan.com.my 42. Mr Yong Leong Hua Executive Director Gimhwak
Shipyard Sdn Bhd leong_y@yahoo.com 43. Mr Mohd Yusni b. Razali Global Carriers Bhd 44. Mr
Bazerin b. Din Global Carriers Bhd 45. Mr. Ho Kong Fatt Manager Global Carriers Bhd
hokf@globalcarriers.com.my 46. Mrs Nor Azrina Azlan Chief Operation Officer Global Carriers
Bhd azrina@globalcarriers.com 47. Mr Adam Shah b.Azlan General Manger Global Carriers Bhd
adam@globalcarriers.com.my 48. Mr Tajul Asikin Sallehuddin Head Procurement Global Carriers
Bhd tajulashikin@globalcarriers.com.my 49. YBhg Dato' Jaffar b. Mohd Yassin Director Grade One
Marine Shipyard Sdn Bhd jaffaryassin@goms.com.my 50. Mr Ahmad Yusof Mohamad Chief
Operating Officer Grade One Marine Shipyard Sdn Bhd ahmadyusof@goms.com.my 51. Mr Shahril
b. Ahmad Managing Director 5 Hanaro Engineering Sdn Bhd shahril@hanaro.com.my 52. Mr
Faruddeen b. Ram Hanaro Engineering Sdn Bhd 53. Mr Chua Oui Lam General Manager Hong Bee
Motors Sdn Bhd olchua@hongbee.com.my 54. Mr Abd. Molok Bakar Executive Chairman Imis
Infotech Sdn Bhd molok@imis–infotech.com 55. Mr Mazlan Bidin Johor Shipyard & Engineering
Sdn Bhd 56. Mr Hj Yahaya b. Mat Nor Managing Director Jubli Unggul Sdn Bhd
jubliunggul@yahoo.com 57. Mr Wong Ing Chiew National Sales Manager, Marine Protective &
Marine Coatings JOTUN (Malaysia) Sdn Bhd
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Marketing Strategy And PEST Analysis Of Tesco
1. INTRODUCTION
1.1 BACKGROUND DETAIL
Universally Tesco is one of Britain's leading food retailer and also the third largest in the world
(Innovation Leaders,). It has its headquarters in Chesunt, but has many stores around the country.
Tesco was founded in 1919 by Jack Cohen as a group of market stalls. The Tesco brand first
appeared five years later in 1924 when he bought a shipment of tea from a Mr T. E Stockwell. The
brand continued its rise in the 1930s when Mr Cohen built a headquarters and warehouse in North
London, and in 1932 Tesco became a private limited company. In Malaysia, Tesco stores was
opened in May 2002, first in Puchong, Selangor. There are stores throughout Malaysia which are
located in Kuala Lumpur, Perak, and Penang ... Show more content on Helpwriting.net ...
Not only for that, is location needed for product distribution as well. Tesco is one of hypermarket
that have online shopping and store shopping as well. For more convenience in selling their product
and services, Tesco have utilized two different channels, online and offline. Online sales channel is
for Tesco Direct where it is directed straight to its official website. For offline sales channel, it is
divided into four store formats which is Tesco Metro, Tesco Express, Tesco Superstore and Tesco
Compact for UK base only (Research Methodology, 2014).
5.2 Price
The pricing strategy of Tesco is being developed accordingly to Tesco's business strategy meanwhile
pricing strategy would contribute to Tesco's competitive advantage. To be more specific, based on
the marketing message saying "Low Prices Everyday", Tesco's pricing strategy was made.
Moreover, Tesco's aim is to have reduction in cost purchase and operational cost in economics scale
(Research Methodology, 2014).
5.3
... Get more on HelpWriting.net ...
Sime Darby Case Study
Nowadays, many company are practising CSR (Corporate Social Responsibility) in Malaysia.
Among them, we choose three companies to review their effectiveness of CSR which is Sime Darby,
UMW and Digi.
Sime Darby, is a Malaysia well–known companies which it involve many sectors like plantation,
property, industry equipment, motors and energy & utilites.
As a diversified company, Sime Darby not just only emphasize on its business but also its CSR. To
achieve this, Sime Darby to continuously strives inculcate and embed CSR into its value chain,
taking into consideration its responsibilities to and the expectations of its stakeholders. It is a
commitment that goes beyond regulatory compliance and ethical business behaviour. (Sime Darby –
Corporate ... Show more content on Helpwriting.net ...
Sime Darby give impetus to innovative business solutions which done through investment in
research and development of improved processes that can benefit society in order to address the
societal needs. Sime Darby realise that a high performance culture can be achived through the
integration and adoption of outstanding best practices
CSR also require a thought leadership in order to make the company become a thought leader and
an exemplary corporate citizen, whilst still maintaining profitability and good business. (Sime Darby
– Corporate Responsibility – Sime Darby CR Portfolio . 2016.) Sime Darby has done it. They
commited to create shared value throughout its supply chain and inspire positive growth in the
countries it operates. To achieve it, Sime Darby engages with its stakeholders through business
relationships and dialouges.
After we seen Sime Darby's CSR portfolio, we are going to look the next company which is also
practising CSR which is Digi. Digi, a well–known telecommunications company in Malaysia. DiGi
provides mobile voice, Internet and digital services to 11 million customers in Malaysia. Through its
mission of 'Internet for All', DiGi is committed to driving Malaysia's growth by building a mobile
Internet environment that enables true connectivity, creating socio–economic development and
aiding businesses to
... Get more on HelpWriting.net ...
Government's Role in Setting Policty in Maylasia
1.0 Introduction "Governments will always play a huge part in solving big problems. They set
public policy and are uniquely able to provide the resources to make sure solutions reach everyone
who needs them. They also fund basic research, which is a crucial component of the innovation that
improves life for everyone." (Bill Gates). Malaysia sought its independence in 1957 though faced
with many trials and tribulations. In 1957, Malaysia faced the problem of consolidating a nation
with a multiracial society characterised by socio–economic and cultural differences. Furthermore,
the emergency period lasting until 1960 posed a threat that called for bravery, fortitude and sacrifice
on the part of all Malaysians to overcome. The birth of Malaysia in 1963 brought in another period
of national integration troubled with various external threats and challenges. Then in 1969, Malaysia
faced an outburst of racial conflict that showed clearly an area of weakness which undermined the
very foundations of the nation. Despite the challenges, Malaysia emerged from these critical times
much stronger and more determined to achieve national unity, economic growth and social
development. The trauma of racial riots let to a critical self–analysis of what went wrong and the
formulation of new approaches towards strengthening national unity and at this era, the citizens of
this country live together in peace and harmony. All this could not have been possible without a
group of people
... Get more on HelpWriting.net ...
Essay On Tesco
At its current status, Tesco's entire revenue of 60% is from the host country (UK) and 40% from its
twelve client countries. It possesses ninety–seven years of revolutionized supply chain management
skills and advantages as it competes with its local & offshore local competitors such as Asda,
Carrefour, Aeon Jusco, Mydin, Giant and many more.
Tesco PLC Joint Venture – Tesco (Malaysia)
As a part of international business globalization strategy, Tesco PLC ventured in to Malaysia with
the availability of Foreign Direct Investment (FDI). It joint ventured with Sime Darby, a major
Malaysia based multinational cooperation with a sharing of 70% (Tesco PLC) and 30% (Sime
Darby) respectively in the year 2001.
In its course of expansion to Malaysian ... Show more content on Helpwriting.net ...
Throughout Tesco's operational years, it has pioneered in the evolution of supply chain management
& technology process. There have been significant phases of changes continuously happening in
SCM methodology and Tesco has predominantly applied, adapted and ventured in to respective
methods or concepts to sustain its competitive advantages in the retailing industry. In fact, Tesco is
migrating from the vertical dynamic flexibility to a virtual structural flexibility domain to cope with
the inevitable turbulence in the global market and customer preferences.
As a part of conventional supply chain user, Tesco had implemented several management
information systems as a part of its business intelligence. This includes the application of Point–of–
Sale Scanning system (POS & EPOS), Electronic Data Interchange (EDI), centralized ordering and
distribution process, automated warehouse control, and adapted Toyota Production System (TPS)
which led to Just–In–Time (JIT) and Jidokha methodology with the incorporation of its Muda, Mura
and Muri, a protocol for waste elimination and RFID (Radio Frequency Identification) technology
for tracking product movement purposes. These are the driving factors for Tesco to be a lean
oriented organization for both its internal and external
... Get more on HelpWriting.net ...
International Trade And The Uk
LO1
1.1
International trade is the exchange or trade of merchandise, capital and services across the world.
For many countries, these exchanges can represent a very important share of their GDP (Gross
Domestic Product).
Open and closed economies are different in the way they manage their exchanges on the
international market. An example of an open economy is the UK; the UK allows the import and
export of products. In comparison, a country such as Brazil is a largely closed economy that in the
majority does not allow exports and imports, they instead produce their own products for their
population to use and consume.
For an open economy such as the UK having international trade promotes competition and avoids
monopolies domestically. This ... Show more content on Helpwriting.net ...
The UK can purchase products and raw materials from other countries. The businesses in the UK are
able to get their goods from foreign suppliers for cheaper prices than they can from domestic
suppliers. This will then make the suppliers in the UK lower their prices. Being an open economy
also means that people from foreign countries can come to the UK and open their own business and
start trading (Gabriele Giudice, 2012).
The Malaysian conglomerate Sime Darby offered to buy New Britain Palm Oil and because they are
offering to buy a company in the UK they can bring palm oil into the UK. Palm oil has a high
demand so buying this company will enhance the GDP in the UK and also create jobs.
1.2
Comparative advantage is when an individual or company is made to produce services or goods at a
lower opportunity cost than other individuals or companies. Opportunity cost is what you give up
when you make a certain choice. When you make a decision you are valuing one decision over
another and that decision that you did not choose is your opportunity cost.
Absolute advantage is when a business, person or country is able to produce services or goods at a
lower cost per unit than any other entity can produce that same unit (MacKenzie, 2010).
Terms of trade are a country's export value relative to that of its imports. The terms of trade are
calculated by dividing the value of exports by the value of the imports then this answer is multiplied
... Get more on HelpWriting.net ...
International Marketing in Major Corporations
International marketing is practiced in all major corporations, there are a large array of advantages
companies can benefit from this and very little to lose. By marketing themselves globally,
corporations essentially create multiple business opportunities for themselves worldwide when they
recognise the opportunities and strive to inform or meet different consumer needs. Several
corporations tend to internationalize when the domestic market is not generating lucrative profits for
the corporation compared to the domestic market. For example, in 1994, Apple generated an
additional amount of $80 million from the foreign market compared to the local market.
While doing this, it causes a chain effect – such as joint business collaborations, this creates
opportunities for the different organizations to work together to advance in the economy and, this
promotes global cooperation amongst firms. An example would be a company marketing their
products in foreign markets to better understand consumer needs, before building manufacturing
plants in the host country and marketing their products elsewhere. Additionally, it would help
corporations be able to modify their product's life cycle, since products are bound to take a dip in
demand after it has outlived it's peak, by internationally marketing it, corporations could extend it's
peak or bring the product back to it's introductory stage again which in turn gives the product a
longer lifecycle.
Amongst the many international
... Get more on HelpWriting.net ...
Ijm Land
Table of Contents 1.0 Back ground of IJM Land Berhad 1.1 Basic Introduction of IJM Land Berhad
1.2 Choices over IJM Land Berhad 1.3 Analysis of current situation of IJM Land Berhad 1.3.1
Vision 1.3.2 Proposed Vision Statement 1.4.1 Mission 1.4.2 Improved Mission 1.5 Objectives
(SMART) 2.0 Internal Analysis 2.1 Product Life Cycle of IJM Land 2.1.1 Introduction Stage 2.1.2
Growth Stage 2.1.3 Maturity Stage 2.1.4 Decline Stage 2.1.5 Conclusion of IJM Land Berhad's
Product Life Cycle 2.2 Boston Consulting Group Matrix of IJM Land Berhad} 2.2.1 Question
Marks 2.2.2 Star 2.2.3 Cash Cows 2.2.4 Dogs 2.2.5 Conclusion of IJM Land Berhad's Boston
Consulting Group Matrix 2.3 Value of Chain 2.3.2 Inbound Logistics 2.3.1 ... Show more content on
Helpwriting.net ...
In line with the stable economic environment, improved labour market conditions and rising
inflationary fears, the property market continued on a growth trend that only moderated towards the
end of the year. In 2011, the Malaysian property market recorded an all time high 430,403
transactions valued at RM137.83 billion which were 14.3% and 28.3% higher respectively
compared to 2010. In tandem with the vibrant property market, the Group's projects throughout the
country continued to enjoy healthy take up rates, which enabled it to achieve RM1.35 billion in
sales. Riding on this positive sentiment, the Group continued to enhance its value proposition to
prospective buyers by offering a wide range of products incorporating contemporary designs and
innovative features in our well located developments. The positive results of our efforts are reflected
in the financial performance of the Group. According to the company CEO &amp; Managing
Director Dato' Soam Heng Choon, our strategically located projects across the country generally
experienced strong demand. In Penang, our prestigious "The Light" waterfront development,
Maritime office suites, Pearl Regency, Vertiq and The Address condominium projects, Klang
Valley's Laman Granview in Puchong (an exclusive semi–detached and bungalow enclave), Johor's
landed residential development within Iskandar Malaysia called Nusa Duta, D'Rich and D'Ambience
... Get more on HelpWriting.net ...
Case Analysis Of Sime Darby Energy And Utilities Division
As for Sime Darby Energy & Utilities Division (E&U), which separated into China and non–China
operations, its non–China uses cost–focus strategy as they exited the power industry by disposing its
Malaysia–Thailand owned Power Company to be in–line with their company long–term business
strategy that focuses on its core business due to its net loss of RM 49.3 million in FY2014. This
division has shrink its operations in Malaysia, Singapore & Thailand to cut cost but still continue
with its current operation of providing mechanical & electrical products and services. In the E&U
Division of China operation, it focuses in water management and ports & logistic. Due to its limited
ports and water ground, it has a low market growth, which placed it in cash cow quadrant. Although
E&U is profitable in managing the ports and water management, the growth potential is too slow for
further investment. With Sime Darby Berhad conglomerate business, its business strategy should
always be in–line with corporate strategy to achieve its vision and mission, creating values for
investor.
Decision making is generally defined as the action of selecting one option from a set of several
options, is always an important factor for any business, no matter small sole proprietorship business
to large multinational corporations. Decision making ... Show more content on Helpwriting.net ...
It has a high potential of acquiring other firms to expand its market due to large funding. With
goodwill between other countries through Malaysia government, Sime Darby could easily buy
shares of foreign companies and import technologies. It is an opportunity for Sime Darby to
improve the quality of life and the standard of living in Malaysia. Its growth strategy definitely suits
its current position with large fund and cooperation between countries. Sime Darby have to grab this
opportunities look into its potential market in other countries as to expand it and grab more market
... Get more on HelpWriting.net ...
Genting Group Case Study
History of Management
c) What is the organisation approach of managing? From our point of view, the approach of
managing of Genting Group Berhad is classical management. One of the theory in classical
management is scientific management. Frederick W. Taylor played the dominant role among the
earliest scholars of scientific management. According to Taylor, there is one best way to do any job.
He suggested that specific procedures developed from thorough studies should replace the
managerial actions based on rules of thumb. One of the elements of Taylor's scientific management
is the standardization method for performing each job. Genting group employees exercise neutrality,
consistency and clarity, guided by the Human Resources handbooks and ... Show more content on
Helpwriting.net ...
That is, the activities must have the same objective and one plan. In our view, Genting group can
develope a five–year group strategy blueprint to clearly indicate their group direction and then,
improve their managing approach. Looking into the Sime Darby group, they developed their
missions and visions like Genting group. However, they also developed a five–year group strategy
blueprint to declaim a well–defined strategy framework that can realise their visions and drive the
future business direction of the group. We believe that Genting group can make a difference through
the development of
... Get more on HelpWriting.net ...

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Tesco Case Study

  • 1. Tesco Case Study Retail multinational learning: a case study of Tesco The Authors Mark Palmer, Aston Business School, Aston University, Birmingham, UK Acknowledgements I would like to thank Dr Barry Quinn at the University of Ulster for his thorough critiques of my ideas on an early draft of this work. This paper has developed out of doctoral work supported by Sainsbury's. I am also grateful for the assistance of British Stores & Shops Association and, in particular, The George Spencer Trust under individual Research Awards. Abstract Purpose – This article examines the internationalisation of Tesco and extracts the salient lessons learned from this process. Design/methodology/approach – This research draws on a dataset of 62 in–depth ... Show more content on Helpwriting.net ... From this perspective, it is critical to understand international retail experiences through reflection and analysis, and to identify what has been learned from the internationalisation process. Furthermore, while some researchers in the field have indicated that experience is important for many aspects of market entry and development (Treadgold, 1991; Williams, 1991a, b; Evans et al., 2000; Doherty, 2000) it is clear that these studies do not provide detailed empirical or conceptual understanding of this complex learning phenomenon. For example, this work does not directly deal with the questions: What are the components of this experience? What lessons can be drawn from this experience? How does this experience shape or inform the decision–making process of the international retailer? It would therefore appear that the international retail literature is less developed in considering what retailers have learned from their experience of internationalising store operations. This paper aims to probe these issues by providing a more extended debate and considered analysis of the concept of international retail learning within the context of Tesco's internationalisation process. It should be noted that it is outside the scope of this paper to present a review of the international retail literature (see the excellent reviews by Alexander (1997); Alexander and Myers (2000); and Burt et al. (2003)). This would increase the length of the paper substantially ... Get more on HelpWriting.net ...
  • 2.
  • 3. Management ISBN 1947–833X Proceedings of 1st Global Business Summit Conference (GBSC 2009), Kelantan, Malaysia University of Technology Mara Malaysia, Shah Alam, 15–17 June 2009, Volume 2, pp. 128–137 Entry Mode Strategies of Malaysian Service Firms: A Resource–Based Approach Mohammadreza Asgari*, Mohd Nazari Ismail**, Syed Zamberi Ahmad*** Faculty of Business and Accountancy, University of Malaya, Kuala Lumpur ABSTRACT The rapid progress in services has attracted scholars to study the behaviour and decisions of service firms. Firms from Malaysia, as a developing country, with a fast growing economy that increasingly relies on services have shown a remarkable expansion into foreign markets, which has resulted in high foreign direct investment ... Show more content on Helpwriting.net ... Due to speedy globalization of economic activities, service firms succeeded in expanding their business into emerging markets (Ekeledo and Sivakumar, 1998). According to Blomstermo et al. (2006), rising attention is paid to research the internationalization process of service firms such as the hotel industry, tourism, retailing, insurance, banking and financial services. Trade in services, which comprised 20% of total international trade in 1980, increased to 23% in 2007 (UNCTAD, 2008). This is why the present research aims to focus on firms engaged in the service sector. To clarify the research topic and establish a basis to make hypotheses, this study intends to answer the following questions: Why do firms adopt different entry strategies to enter foreign markets? Do firm–specific resources and country–of–origin development affect the entry decision of firms? Is it possible for soft service firms to imitate the same strategies that hard service firms adopt? Does psychic distance play a vital role in the choice of entry mode? MALAYSIA'S ECONOMY AND THE ROLE OF SERVICE SECTOR Malaysia is a developing country with a GDP of US$214.7 billion in 2008 which considering its population of 25,274,133 indicates a GDP per capita of US$8,495 (comparing to China US$3,174; Thailand US$4,155; Indonesia US$2,150; and Singapore US$33,528). The service sector is an important part of Malaysia's economy. In 2008, 45.7% of the GDP was yielded by services and 51% of the labour ... Get more on HelpWriting.net ...
  • 4.
  • 5. What Are The Strengths And Weaknesses Of Tesco SWOT analysis, also known as SWOT matrix is a general organized list of businesses' greatest strengths, weaknesses, opportunities, and threats. The SWOT analysis is further divided into two different factors, namely the internal factors which comprises of the business's strengths and weaknesses to the company as well as the external factors which comprises of opportunities and threats to the company. Internal factors are factors that are within our means and control, for example reputation, patents and locations whereas external factors are factors that we are not able to control, for example suppliers and competitors. Every type of businesses are encouraged to use SWOT analysis as an accessessment tool for their business, especially existing business which can use it anytime ... Show more content on Helpwriting.net ... However this can be said is also one of the strategy to attract consumers attraction toward their company and also product. Tesco provides sponsorship which means that supporting a special event or a cause either financially or materially. They are such as computers for schools given or supported by Tesco. Tesco sponsorship opportunities includes Arts, Charities and causes, Education, Media, Sports and many more. There are some key principles of sponsorship by Tesco which are gaining publicity, creating entertainment opportunities, fostering favourable brand and company associations, improving Community relations and also creating promotional opportunities. TESCO can merge with other competitor of market such as Giant or AEON to dominate the market. By merge with these competitor, TESCO can concer and increased their branch. Other then that,tesco can sell many products and at the same time can attract more customer.it is easy for customer to purchase at the one place.beside that,it can reduce the competitor market.This will bring massive changes in their profit and ... Get more on HelpWriting.net ...
  • 6.
  • 7. Need For Conflict Resolution On The Land Use Conflict... 1 Research Objective The need for conflict resolution in the land use conflict between concessions companies and community members of the Nimba County in Liberia cannot be over emphasized since the sustainability of most economies is predicated on the availability of natural resource of that country. Concessions companies are established to accomplish their set objectives which includes profit making and for these objectives to be attained stability and peaceful atmosphere must play a significant role. It is important to know that due to the present competition amongst investors around the globe there is the need for these concession companies to adapt the culture of consulting community stakeholders when it comes to dealings with their ... Show more content on Helpwriting.net ... The third chapter presents the methodology that focuses on land use conflict by concessions companies and its impacts on the community stakeholders and the Nimba community as a whole and examines its statistical properties, including parameter constancy. Chapter four provides analysis of empirical results and discussion. Finally the fifth chapter is the conclusion. It also presents point for future research topics and makes recommendations which can be useful in enhancing a peaceful coexistence between concessions companies and community members in Nimba county and Liberia as a whole. 1.2.3 Personal Interviews Qualitative research employs a variety of techniques to explore and interpret the way in which a social actor experience or perceive the world and make meaning of the experience. According to (Sander et al 2007), in an exploratory study (like this), semi–structured interview is helpful in finding out what is happening in order to seek out new insight, hence its adoption. Interviews attempt to understand the world from the subjectivist's point of view, to unfold the meaning of people's experience, expectation and actions. Interviews therefore provide deep meaningful data that reveal each individual's perspective. Semi–structured interviews allow the researcher to access another person's opinion and discover ... Get more on HelpWriting.net ...
  • 8.
  • 9. Company Overview of Domestic Direct Competitors of Sime... COMPANY OVERVIEW OF DOMESTIC DIRECT COMPETITORS OF SIME DARBY (GENTING BERHAD) Genting Berhad (Genting), a holding company for the Genting Group, operates resorts, casino and plantations. It also develops properties, manufactures paper and generates electricity. The company primarily operates in Malaysia. It is headquartered in Kuala Lumpur, Malaysia and employs 36,000people. The company recorded revenues of MYR6,943.8 million (approximately $1,968.3 million) during the fiscal year ended December 2006, an increase of 27.3% over 2005.The operating profit of the company was MYR3,124.6 million (approximately $885.7 million) during fiscal year 2006, an increase of 22.7% over 2005.The net profit was MYR2,242.5 million in fiscal year 2006, an ... Show more content on Helpwriting.net ... Genting expects an even stronger growth for the oil and gas division in the future from increased oil production in Muturi (Indonesia) and China. WEAKNESS Weak performance of property and manufacturing divisions Despite an increase of 7.7% in fiscal year 2006, the property division's revenues have been volatile over the recent years. For the period 2003–2006, the division's CAGR was –6%, the lowest among all the company's business divisions. Despite a 6% increase in revenues, the manufacturing division's profit before tax declined 44% in fiscal 2006 over the previous year. Weak performance of these divisions would affect the overall growth of the company. Weak returns Genting has recorded weak returns in the last few years. Its return on investments and return on equity for trailing twelve months (TTM) December 2006 were 10.2% and 13.5%, respectively, lower than the industry averages of 10.5% and 16.8% for the same period. Weak returns reflect the inability of the management to deploy assets in profitable avenues, and this could result in decreasing investor confidence. OPPORTUNITIES Growing wealth of Asian population Strong economic growth is expected to improve the spending habits of leisure travellers in the Asian region. A number of Asian countries are expected to record a significant CAGR in GDP per capita in the ... Get more on HelpWriting.net ...
  • 10.
  • 11. The Tropical Rainforest Biome In Tropical Rainforests The tropical rainforest biome is an ecosystem covering around 6% of the Earth's surface and being a home to over 50% of the plant and animal species. These environments are hot and humid all year round, with the average amount of rainfall being 250cm per year. The temperatures in a rain forest minimum tends to be around 20OC with the temperature not rising above 34OC regularly. Tropical rainforests are found spanning from both sides of the equator between the tropic of Cancer and the tropic of Capricorn meaning rainforests are in Central and South America, Southeast Asia, Africa and Australia. Deforestation has been a major concern in tropical rainforests, this is an act of destructing a forest for multiple reasons including wood supply, agriculture purposes or the extraction of minerals and energy. Forest loss till date is 18.03 million acres per year and it has been estimated that within 100 years all rainforests will be destroyed. Palm oil is a vegetable oil high in saturated fats extracted from the palm fruit, the palm tree is a native plant to West Africa then was imported into South East Asia in the mid–19th century. It is one of the most popular edible oils and is being used in approximately 50% of products currently in the supermarkets of Australia including cosmetics, toiletries and food. Malaysia and Indonesia grows around 87% of palm oil while Australia imports about 130,000 tonnes of palm oil every year. Due to the oil plantations being in countries where there ... Get more on HelpWriting.net ...
  • 12.
  • 13. Case Study Of SP Setia Business History and Development SP Setia business incorporated in 1974 as a construction company and began to focus on their core business which is property development in 1996. One of their property development is the 700–acre Pusat Bandar Puchong (Puchong Town Centre). According to SP Setia Bhd Group, (n.d.) the company will set a benchmark in every SP Setia Projects, which is a well–planned development that balances affordable quality residential and commercial properties with an outstanding landscape and community–centric facilities. SP Setia Project has three key well–established economic centers which are Klang Valley, Johru Bahru and Penang. Besides, SP Setia also invested in the East Malaysia by building the state–of– the–art transportation ... Show more content on Helpwriting.net ... Its purpose is to develop ecoLakes at MyPhuoc Industrial Park. Moreover, SP Setia had been exploring opportunities in China while expanding their business in Australia and Singapore. Market Structure According to (carissacheong; sp setia bhd, 2013), SP Setia has implemented the monopolistic competition market structure. Monopolistic competition is defined as firms having a common market structure but each one sells a slightly different product as they have various competitors, such as property development. Property development offers the same type of product, but each of their products has their own element of uniqueness that add value to their product depending on the venue, but the firms are all targeting for the same customers. There are a few significant characteristics in monopolistic competition, such as large number of firms, differentiated product, easy of entry and local advertising. SP Setia is not the only property development firm in Malaysia, as there are other property developers too, including ERM Sunrise Berhad, Sime Darby, See Hoy Chan, Sunway Property, Dijaya Group, MK Land, Berjaya Group, Glomac and Mah ... Get more on HelpWriting.net ...
  • 14.
  • 15. Personal Statement Of Purpose In Biology Looking back to those days when I was passionate about Biology, I am fascinate most about the human diseases and the relative preventive methods and treatments available. The most prestigious gift that we human beings have been bestowed with is to save and change lives. Thus, I aimed to explore the world of human biology and strive to reveal the unknown about our species and how I would be able to use my knowledge and understanding to help others in need. When I was studying sixth form, I remember fondly my science classes and recall my enthusiasm to participate and absorb the knowledge being taught by my teachers. These classes exposed me to a lot of different and amazing topics, Infectious Diseases being one of them which held my attention and curiosity. This topic intrigued me due to the cause and symptoms, transmission of the disease, prevention and treatment of various transmissible diseases. In fact, studying Biology at sixth form has answered a few of my queries about the human body, but it has improved my analytical skills. Moreover, chemistry I learned has improved my logical skills as I have learned inorganic and organic chemistry, including the chemical reactions ... Show more content on Helpwriting.net ... I learned about Barbara McClintok, whose revolved around the study of maize and changed the world of genetics. Her stories greatly influenced and taught me to be self–motivated and disciplined. She is the first woman to win an unshared Nobel Prize. McClintok work does not recognize by people, but she never gives up, although she worked alone with no lab assistants and took decades for the world to recognize her work. Her hard work inspired and motivated me as a woman to contribute myself as a scientist and to persevere even when confronted with seemingly insurmountable obstacles. From her, I learned that if I tried hard, I could succeed; if I didn't try at all, I must be in total ... Get more on HelpWriting.net ...
  • 16.
  • 17. Natural Resource Conflicts And Conflict Introduction This chapter examines the relevant literature both domestic and abroad and key concepts that frame the study and justifies their use. These Prior research on land use conflicts, Land conflicts and Livelihoods, Mining and Customary land Use, Customary Land use Tenure in Liberia, Land Use Conflicts between Communities and Concessions companies in Liberia, Sime Darby Concession conflict in Liberia will focus on the domestic literature, followed by the Concept of Conflict, Conflicts Analysis Tools/Model and summary of the chapter. 2.2 Land Conflict and Livelihoods Thomson and Kanaan (2003), propounded that the origin of Conflicts in human society date back to antiquity and studies into conflicts are manifested by the works of ... Show more content on Helpwriting.net ... All these are entangled in complex bundles of rights and interests and have been fields of power struggles (Marfo, 2003). Skewed power share among communities, Companies and the land services, as well as some other interest groups, show the distribution of control over the land use leading to conflicts. Access to and the use of these natural resources plays an important role in many conflicts. Touch Siphat in (2009) attempts to understand the impact of economic land concessions for agro– industrial production promoted by government. This promotion heavily impacts on the locals' livelihoods and obstructs decentralized natural resources management, especially in natural forest resources. They also examined locals' response to such a development scheme. The study found that in regard to "economic growth", the state has very strong control over natural resources and people. Further, as a post–war nation, the state commits to developing its economy by gathering involvement from different stakeholders, including international donors, development agencies, NGOs, and local people in the development process. Yet privatization of natural resources such as land, forestry, mining and so forth can be also found in the country in favor of a globalizing economy. In terms of economic liberalization, Cambodia has been integrated into the regional and global economies. This approach offers a good opportunity to ... Get more on HelpWriting.net ...
  • 18.
  • 19. Sejarah Tingkatan 2 MATA PELAJARAN SEJARAH TINGKATAN 2 BAB 1 :KEDUDUKAN STRATEGIK MENDORONG PENGUASAAN BRITISH 1. Pertapakan Syarikat Hindia Timur Inggeris (SHTI) di Pulau Pinang Pulau Pinang merupakan sebahagian daripada Kedah.(pusat maritim). SHTi tidak dapat menguasai Kedah kerana Kedah adalah di bawah naungan Siam. Punca SHTI mahukan Pulau Pinang : 1. Kedudukan strategik laluan perdagangan Timur Barat 2. Pusat pengumpulan barang dagangan i. Pusat pengumpulan Barang – Teh dari Cina manakala Cina memerlukan emas, perak, bijih Timah dan lada hitam. ii. Pelabuhan persinggahan – Pulau Pinang dapat menyediakan keperluan bekalan air, makanan dan membaiki kapal ... Show more content on Helpwriting.net ... iii. British tidak akan membantu Kedah menyerang Siam iv. British akan menghantar balik sultan Kedah yang berlindung di Pulau Pinang ke kedah dan Kedah hendaklah membayar ufti ke Siam. v. Siam mengiktiraf pendudukan British di Pulau Pinang. Dan Seberang Perai. Punca Pulau Pinang gagal dimajukan sebagai pusat Perdagangan :– 1. Terletak jauh di utara dan gagal bersaing dengan pelabuhan Betawi, Riau dan Lingga. 2. Perdagangan dengan Cina amat penting terutama the, sutera ,kain kapas dan bahan pencelup.Britih dapat menguasai melaka dan Betawi sewaktu perang Napoleon dan selepas perang terpaksa menyerah semula kepada Belanda.. Belanda mengenakan cukai yang tinggi kepada pedagang British di Betawi.Usaha Stamford gagal untuk mendapat pelabuhan baru sepeeti Palembang , Acheh dan Riau. Kesan ; – Raffles mencadangkan kepada SHTI membukja pelabuhan di Singapura. Singapura merupakan sebahagian daripada kekuasaan Johor. Sebab Singapura penting untuk SHTI;– ` i. Kedudukan strategik dibahagian selatan dan dapat bersaing dengan . Betawi ii. Dapat menyekat kuasa Belanda Strategik Raffles mengambil Singapura. i. Mula mendarat Januari 1819 dan memaksa Temenggung Abdul Rahman tandatangan perjanjian yang membenarkan British membina Loji di Singapura.. Syarat perjanjian ... Get more on HelpWriting.net ...
  • 20.
  • 21. Case Study Of General Tire In 1979 Continental purchased the European tire factories of Uniroyal, the U.S. firm that was started its retreat from the tire business. As a result Continental obtained a second French factory and another German plant and factories in Scotland and Belgium. The other profit was the established marketing position of the Uniroyal brand. The acquisition of Kleber–Colombes, a financially troubled French firm in which Michelin held a major stake, was discussed, but not pursued in 1980. In 1985 Continental purchased the tire division of Semperit, the largest Austrian rubber firm, for DM 47 million. The expansion and diversification joined with an economic upturn contributed to an improvement in the firm's finances. The most remarkable step in Continental's transition, via acquisition, to major international producer came in 1987 with the purchase of General Tire for US$650 million from GenCorp. Continental obtained the four factories, the brands, the original equipment contracts, and the marketing network of the fifth largest U.S. tire manufacturer. In addition, General Tire had owned Mexican and Canadian factories. As a result, Continental then accounted for 6.6 percent of the world tire market in 1988 and 8.1 percent in 1989, making it the fourth largest producer, with more than ... Show more content on Helpwriting.net ... Continental and Yokohama form a 50/50 joint venture to step up tire activities with Japanese automotive manufacturers. The new company, named Yokohama Continental Tire Co., Ltd., promoted tire businesses by marketing original equipment tires for passenger cars, light trucks and trucks/busses to Japanese automakers and their overseas transplants as well as to Korean ... Get more on HelpWriting.net ...
  • 22.
  • 23. Sime Darby Page 1 of 6 Fundamental Analysis for SIME DARBY BHD Company Name: Stock Code (Bursa): Bloomberg: Industry: Sub–Sector: Company Description: Date of Analysis: Financial Year: SIME DARBY BHD Board: Main Board SIME FBMKLCI: TRUE SIME:MK Reuters: SIME.KL TRADING SERVICES OIL PALM/RUBBER AND OTH CROP PRODUCTION PLANTATION; PROP; MOTORS; INDUSTRIAL; ENERGY & UTILITIES. 19–Sep–12 2011 30/6/2011 Price: 9.79 Stock Grade: Emerging Investment Grade Profitability Profitability 10 ROI 8 ROI Liquidity 6 Efficiency 4 Risks 2 0 Potential Growth Buy & Hold Returns Potential Growth 65 75 90 50 105 105 Buy & Hold Returns 25 Liquidity 51.80759 40.02273 62.4099 36.10128 85.8969 57.48956 18.75 7.97 5.34 6.93 7.22 8.18 5.48 7.5 Risks ... Show more content on Helpwriting.net ... Current DY% or Rolling 4Q DY% > 6% 5. Stock price breaks out of consolidation/dip on an uptrend. 6. Comparison of P/B ratio (for Financial stocks only) 7. Company owner, EPF, Khazanah and PNB heavily buying Sell Criteria I Remarks Criteria 1. Current EY% or Rolling 4Q EY% < 6% for more than 2 years 2. Current DY% or Rolling 4Q DY% < 6% for more than 2 years 3. Quarterly EPS drop for 5 consecutive months 4. Fundamental of business turns unattractive or bad 5. Found a better opportunity to replace this stock 6. The stock drops near to my average cost or hit my stop loss 7. Long term trend changed from bullish to bearish 8. Company owner, EPF, Khazanah and PNB heavily selling. 9. Did I make a mistake? 10. Has the
  • 24. stock risen too far from its intrinsic value? VI Remarks Discounted Cash Flows Valuation Shares Out. M. O. S. 13 Default Value Custom Value 6009.46 11 Sustainable Growth % (for Average risk Average Discount % Terminal % 2011 FCF Excess Cash Intangibles Intangibles% Decay Rate Extra Decay Growth (for DCF Calc.) premium Risk free Assets add to DCF (Yr4E–Yr7E) (Yr8E–Yr10E) reference) rate 20% 5% 8% 5.50% 3.68% 9.2% 2% 2068.66 4593.30 86.00 0% 8% 15% 4% 11.50% 15% 20% Projection of Future Free Cash Flow 2012 Yearly Growth Future Value Discounted Perpetuity Value Present Value 2,151.41 2013 2,237.46 2014 2,326.96 18,023.58 28,024.79 3–Y Shares Outstanding Fair Value Desired M.O.S. Buy Under Current Price Actual M.O.S. 4.66 ... Get more on HelpWriting.net ...
  • 25.
  • 26. Porter's Five Forces Analysis Tesco Introduction: On 29 November 2001, Tesco Stores (Malaysia) Sdn. Bhd has been established and which is partnering with Tesco PLC UK and Sime Darby Berhad. There are 30% of the total shares that Sime Darby has holds. Tesco in Malaysia have a joined floor space of more than 4 million square feet. In 2002, the first Tesco hypermarket was opened at Puchong, Selangor. Tesco Malaysia nearly has 15000 employees and 40 stores in Malaysia today. Tesco Hypermarket and Tesco Extra Hypermarket was the two formats that has been started in Tesco Malaysia in December 2006. Tesco Hypermarket has provide a complete one stop shopping for the customer needs, for example fresh food, apparels, groceries and also household needs. There are more than 60000 lines ... Show more content on Helpwriting.net ... This is because a food grocery retailer market require a colossal capital interest to compete with current leading competitor, for example AEON, Giant and Tesco (Lindsay, 2012). Threat of substitute products and services is the last of Porter's Five Force Model. For Tesco, the threat of substitute products and services is medium. Switching costs may reduce the threat. Besides customers shop in physical stores they also can shop in online services wherever they are. Switching cost give every customers a good services, provide good quality products to all customers and also will the long–term contract with financial penalty will achieve. The first strategy is overall cost leadership. Overall cost leadership is to provide same products by giving customers a good services and good quality of the products at the lowest price than the other competitor, which is Tesco can know how to cut the price of their products in cheaper rate than their competitors. Tesco based on their ability to maintain their operating costs, so that can earn more profit and also the price of products able to ... Get more on HelpWriting.net ...
  • 27.
  • 28. Offshore Construction in Malaysia Offshore Construction in Malaysia Petroleum is essentially the most important commodity in the world today. In almost all form of transportation, oil or petrol, derived from crude petroleum, is used to move people and the importance of petrol is seen with the establishment of offshore drilling structure fabricator and its the supporting industries in Malaysia. As of today, there are 7 of such yards in Malaysia that is capable of fabricating offshore structure. The world's pricing mechanism of petroleum is determined by OPEC (Organization of the Petroleum Exporting Countries) and is quantified by barrels of crude oil. At peak, price of crude oil is USD147.27 per barrel in July 2008 following concern of an impending missile test by ... Show more content on Helpwriting.net ... Keppel FELS is among the first few fabricators in Singapore that has embraced new welding technology such as the use of high deposition submerged arc welding consumables. The way this high deposition submerged arc welding consumables work is that it uses the very same machinery, very same set of welding parameters, same operator skills and the characteristics of this consumables enables it to be welded much faster than other brand of welding consumables of the same specification. A comparison report was done on the use of this high deposition wire against competitors generic wire clearly shows that this high deposition wires saved the customer 135 minutes in welding a 0.95 meter length metal. (Michael, p.2). KFELS is estimated to have 50 of such machines that are able to use this high deposition wires which translates to a saving of 6,750 minutes when welding a 0.95m length of metal. Suffice to say, from a time saving factor point of view, the offshore fabricators in Malaysia would lag behind in terms of time taken to complete. As of today, no Malaysian fabricators have yet to incorporate these welding consumables in their project, although it's proven the time saved when using these high deposition wires far outweigh the initial purchase cost of it. Along with the time saving factor, fabrication yards in Batam Island are known to review their welding process from time to time and select the most cost saving welding ... Get more on HelpWriting.net ...
  • 29.
  • 30. Code Of Ethics In Construction Industry 1.3 .1 Higher unethical practices in Government–linked Company in Malaysian construction industry According to Gomez–Meija, Balkin & Cardy (2007), Code of Ethics is one of the best standards or guidelines provided to conduct and decision making of employees and managers in construction industry. However, available evidence shows that the concept of Code of Ethics is still not widely adopted in Malaysia construction industry. The situation getting worst where graft and malpractices in the Malaysian construction industry are numerously reported in the media and regarded as synonymous with construction players. The findings of research carried in construction industry in the practices in Malaysia provide evidence that the construction industry is plagued with ethical issues. The literature also revealed several common problems focused in Government–linked Company in Malaysian construction. ... Show more content on Helpwriting.net ... Meanwhile the Code of Ethics in Malaysian construction industry has also been introduced; but no enforced. This situation causes impact in GLCs company on construction project's quality, time and costs (CIOB, 2006) demonstrates that ethical standard in Malaysian construction industry is considered lower', and the ineffectiveness of Code of Ethics have correlation with higher unethical behaviour of the construction players'. (Abdul Rahman, et al 2010). According to Liew (2007) claims that lack of implementation and enforcement being the main factor unethical practices in Malaysian construction. Enforcement by government was required to guide individuals and corporations to act with full integrity and honesty (Liew, ... Get more on HelpWriting.net ...
  • 31.
  • 32. Sime Darby Berhad: Classical Management And Behavioral... According to Sime Darby Berhad, the company are mainly using Classical Management and Behavioral Management. In the view of Classical Management, the company focuses on maximizing worker productivity. This method falls under Scientific Management. Sime Darby applied the Taylor's Principles of Scientific Management to make the organization more efficient. The company developed standard method for every employee for performing each job. Selection of workers are based on the appropriate abilities of each job with equal opportunities for everyone. Besides, Sime Darby encourages and provides further learning and training for every workers and leaders by providing a dynamic and challenging workplace that gives emphasis on the opportunities to improving employee and leadership skills, talents and capacity. Sime Darby continues offers equal employment ... Show more content on Helpwriting.net ... Every company does have basic formal set of rules and procedures to obey so does Sime Darby Berhad. The way Sime Darby berhad of division labor are according to expertise which means based on their personal knowledge about what field they are better on. Besides, the company selection or promotion of individuals are based on ability and merit. As mentioned, the company are concerns the task of individual employees. Besides, Sime Darby Berhad uses Behavioral Management. The company are very concerns of individual personalities and behaviors in determining behavioral outcomes in the working environment and understanding of human behavior such as motivation, expectation, or conflicts would enhance individual productivity in the workplace. For Sime Darby Plantation, they believes in nurturing and developing the potential of their employees. Sponsorship, scholarships and research grants for further education will be provided to qualified individual, the underprivileged and those in need of financial who have passion to improve themselves for a better future. The company do ... Get more on HelpWriting.net ...
  • 33.
  • 34. Palm Oil : How It Is Impacting Our Planet Palm Oil – How It Is Impacting Our Planet Palm oil has many popular uses in the world today. Its production has also caused great concern for the impact it has on the planet, especially due to deforestation. Palm oil is a vegetable oil that comes from the fruit of the African oil palm tree and can be found in roughly 50% of packaged goods found in your local grocery store. It is the most widely produced edible oil. Oil palms were brought to South–East Asia in the early 20th century. The main demand for the industry 's expansion is believed to have come from the British Industrial Revolution. At that point in time, 250,000 tons of palm oil were being exported annually from South–East Asia and today that number exceeds fifty–five million tons. The commercially grown oil palms are planted in large plantations. They can be found growing throughout Malaysia, Indonesia and other tropical countries within 10˚ of the equator. They produce more oil than any other crop on the planet and can be harvested for up to 25 years. After this time, the trees are chopped down and replanted because the plantation workers can no longer reach the fruit bundles. Oil palms have an average annual oil output of approximately 10 tons per acre of land. A palm produces up to 12 fruit bunches each year and can contain 1000–3000 fruits. Palm oil is produced at a lower cost than other vegetable oils. Supply and demand for palm oil is increasing dramatically. While it is used in a wide variety of ... Get more on HelpWriting.net ...
  • 35.
  • 36. Operational Level And Strategic Level: The Level Of... 1.1 Consider the range of decisions to be taken. There are three level of management in Tesco which are operational level, tactical level and strategic level. There are also four main types of decision can be taken by the level of management of Tesco which are structured decision, nonstructured decision, recurring decision and nonrecurring decision. Operational level is the lowest level of management in Tesco such as . Operational level in Tesco has make a structured decision which means the decision made by an organization in a precise way so that the expected outcome can be obtained. Tesco had decided to extend their three days opening hours to 24 hours when Hari Raya celebration is near (Sathesh, 2015) (http://english.astroawani.com/malaysia–news/tesco–operate–24–hours–hari–raya–nears–65208). ... Show more content on Helpwriting.net ... Tactical level in Tesco has make some nonstructured decisions which mean there may be several answer for the decision made. Tesco has decided to carry out a long term campaign titled "Lebih Jimat" from 6th of April until 31st of December 2015. Tesco has invests RM50 million to reduce the prices of 1000 items including essential fresh and grocery products in the physical store as well as the online service. Although Tesco has benefits the customers to purchase products with price reduction from 20% to 44%, Tesco do not know the outcome of the campaign such as they may succeed or fail in the campaign. For example, their customers may purchase the products from their competitors as their competitors may carry out the same promotions which offer cheaper price than they ... Get more on HelpWriting.net ...
  • 37.
  • 38. Tesco Porter's Five Forces Analysis Introduction: On 29 November 2001, Tesco Stores (Malaysia) Sdn. Bhd has been established and which is partnering with Tesco PLC UK and Sime Darby Berhad. There are 30% of the total shares that Sime Darby has holds. Tesco in Malaysia have a joined floor space of more than 4 million square feet. In 2002, the first Tesco hypermarket was opened at Puchong, Selangor. Tesco Malaysia nearly has 15000 employees and 40 stores in Malaysia today. Tesco Hypermarket and Tesco Extra Hypermarket was the two formats that has been started in Tesco Malaysia in December 2006. Tesco Hypermarket has provide a complete one stop shopping for the customer needs, for example fresh food, apparels, groceries and also household needs. There are more than 60000 lines ... Show more content on Helpwriting.net ... Downward in the flows of information is refers to the higher level are passed to the lower levels. For example, personnel information in organizational perspective is downwards. This is because the top management will set some new training programs for the employees of Tesco to learn new skills and also give training to all staff so that can get a better customer service from employees to customers. So, this may improve the organization service skills. All staff must involve and follow in new training programs. Besides, upwards in the flows of information means the transaction in organization. For example, financial information of Tesco in organizational perspective is upwards. This is because Tesco will have day–to–day transaction and also will let Tesco earn profit while customers is purchase those items or products in Tesco. So that the financial department will report monthly statement to top management and this may let top management know the current situation of the company. The horizontal in the organization perspective is refers between the functional business units and the work teams. For example, between the sales department and financial department. This is because Tesco will have day–to–day transaction and sales department must report their monthly statement to financial department so this may let top management ... Get more on HelpWriting.net ...
  • 39.
  • 40. What Is The Value Chain Analysis Of Sime Darby Plantation Value chain analysis of sime darby Plantation: Code of Business Conduct Anti–Corruption supporting Labor Practices activities Human Rights HR MANAGEMENT Primary activities upstream ops midstream downstream consumer ... Show more content on Helpwriting.net ... Industrial: Code of Business Conduct Anti–Corruption supporting Labor Practices activities Human Rights HR MANAGEMENT Primary activities machine sales ops product rental total ... Get more on HelpWriting.net ...
  • 41.
  • 42. What Is The Five Forces Of Tesco Organization Name : Tesco Stores (Malaysia) Sdn Bhd Student ID : DBS 15027 Name : Lee Chiew Yeng Subject : Unit 16 Managing Communications, Knowledge & Information Lecturer Name : Ms. Seethai Subramaniam Executive Summary Table of Contents No. Title Page Number Task 1 1 1.1 Consider the range of decisions to be taken. 2 1.2 Investigate the information and knowledge needed to ensure effective decision taking. 3 1.3 Analyze internal and external source of information and understanding. 4 1.4 Support recommendations for improvement. Task 2 5 4.1 Present your findings on existing approaches to the collection, formatting, storage, disseminating information and knowledge of your selected organization. 6 4.2 Execute appropriate changes to improve the ... Show more content on Helpwriting.net ... In addition, supplier power is the opposite of buyer power. Suppliers of Tesco are Federlite Sdn Bhd and more. Tesco has also creates their own brand which is Tesco finest*, Tesco Everyday Value, Tesco and Tesco Loves Baby. Threat of substitute products or services: Threat of new entrants: The threat of new entrants of Tesco is low as it is difficult for competitors to enter the market in the same industry. A large amount of investment is needed to enter the industry of hypermarket. Besides, there are some entry barrier before a Tesco store is opened such as Tesco own brand Rivalry among existing competitors: The rivalry among existing competitors of Tesco is high as the competition in the market is fierce. There are a lot of hypermarkets in the market which are the competitors of Tesco such as Giant Hypermarket, AEON BiG, Cold Storage, Mydin, H&L Group, Pacific Hypermarket, TMG Mart, The Store, Isetan, AEON, Servay Hypermarket, Pantai Timur Hypermarket and Jaya Grocer. Therefore, it 1.3 Analyze internal and external source of information and understanding. 1.4 Support recommendations for ... Get more on HelpWriting.net ...
  • 43.
  • 44. Speech On Lung Cancer Lung Cancer: Awareness & Prevention Lung cancer is the leading cause of cancer deaths among men and women in the Bangladesh, according to the Bangladesh Lung Foundation. The treatment of this disease is not up to the mark in Bangladesh. Lack of good facilities, skilled manpower and physical infrastructure, ineffective and inefficient treatment, corruption in the health management, politics among the health service providers, disparity in production of drugs etc are the reasons why our country is lagging behind. However there is an option how you can avail medical treatment in abroad. With the help of GD Assist you can easily have your medical treatment in abroad. In this blog we are going to focus the in depth details of what lung cancer is, main reasons behind the cancer, symptom ... Show more content on Helpwriting.net ... But there are many of the risk factors for these cancers. a. Smoking Smoking tobacco is one of the main causes of lung cancer. More than 8 out of 10 lung cancers (80%) are caused by smoking. This also includes breathing in other people's cigarette smoke. Even occasional smoking increases the risk of lung cancer. b. Non–Smokers Passive smoking also causes lung cancer. Many people with lung cancer are former smokers, but many others never smoked at all. c. Changes to the gene Certain changes in the DNA of lung cells can lead to lung cancer. These changes can lead to abnormal cell growth and, sometimes, cancer. d. Chemicals and workplace risk Some substances increase the risk of lung cancer. These include asbestos, silica, and diesel exhaust. People can be exposed to these through their work. e. Exposure to radon gas Radon gas is a naturally occurring radioactive gas that comes from tiny amounts of uranium present in all rocks and soils. Radon gas can build up in homes and other buildings. f. Air Pollution We know that air pollution can cause lung cancer. The risk depends on the levels of air pollution you are regularly exposed ... Get more on HelpWriting.net ...
  • 45.
  • 46. Difference Between Sime Dale And Chevron Comparison between Sime Darby (national) and Chevron (international) Sime Darby stated that accounting records is very crucial thing in their organization to creating a report, so the record must obey to the principles also laws and regulations as their created. Financial records also essential to the company to make a decision making processes and the proper financial, legal and reporting obligations. Any misrepresentation of information may compose to fraud and can result in civil and criminal liabilities. Sime Darby also has their own Records Management department. It maintains records for business purposes and requirements, compliance with legal, tax, accounting and regulatory laws. All those records must be handling according to the ... Show more content on Helpwriting.net ... The policies and procedure consist of assigning the appropriate authority and responsibility to individuals, proper authorisation of transactions, maintaining accurate and adequate records and documentation, limiting access to confidential assets and information on a need to– know basis, having independent verifications and approvals, fostering adequate segregation of duties and avoiding any conflict of interest and be alert for any indication of fraud, misappropriation and other irregularities. Thus, all employees have a responsibility to act sincerely and report any instances of possible fraud, corruption, misappropriation or other irregularities to ethics line. While in information categorized, Astro should ensure honest and accurate recording and reporting of all information on the company's records to avoid any misrepresentation or disclosure of ambiguous information. Employees involved in the financial recording processes reports must ensure that transactions are complete and recorded accurately and promptly. In intellectual property rights, Astro We are expected to protect the intellectual property rights of the Company, those of others and at the same time ensure compliance with applicable laws and regulations. This includes the Company's name, logo, taglines, inventions, processes and innovations. Last but not least, Astro also very committed to the protection of the rights of authors of literary and artistic works and the copyright thereof, and will comply with appropriate international and local laws with respect to their use, recording, broadcasting, reproductions, translation, adaptations and arrangements of these literary and artistic works. Employees have a responsibility to acknowledge that any intellectual property created by employees in the performance of their job responsibilities belongs to the company. Then, they have to report any ... Get more on HelpWriting.net ...
  • 47.
  • 48. Case Study Of Proton POOR IMPLEMENTATION OF THE MARKETING PLAN IN THE REAL WORLD It all started with Proton's chairman Tan Sri Mohd Khamil Jamil expressing his disappointment to Business Times, saying Malaysians are not supporting Proton, a product made from our national pride. Comparing against the Japanese and Korean markets, which have strong support from their domestic market, the chairman could not understand why Malaysians would rather pick other models despite Proton achieving improvements in their products and technology a statement was later issued by Khamil that the remark was taken out of context and he did not mean what is being implicated. Perception Malaysia was a very different place then and for the general populace, there was a great deal of pride associated with Proton. But pride alone doesn't sell because even back then, the reliability of the Japanese automakers was established and Proton's first ... Show more content on Helpwriting.net ... This is something all car manufacturers should be aware of and coupled with the certainty of increasing cost of manufacturing, Proton needs to find ways to increase sales so that production could be ramped up for better economies of scale. If price advantage is the position Proton wishes to take in positioning its models, then the two largest markets in the world – India and China – become a priority. With India, affordable small cars account for about 60% of the total market but more than 25% of vehicles in India are diesel powered. Proton has been testing a Global Small Car with lots of local sightings but Proton has no key diesel technology to speak of so even if it does manage to enter India, it may not have the right product offering to gain a foothold there. China, on the other hand, has Youngman to market the Gen. 2 and Persona and is rebranded as ... Get more on HelpWriting.net ...
  • 49.
  • 50. Corporate Governance : The Top Level Managements Introduction The importance of Corporate Governance has been strongly highlighted by many organizations and foreign nations. According to Zulkafli (2004), Corporate Governance is the process and structure used to direct and manage the business and affairs of the company towards enhancing business prosperity and corporate accountability with the ultimate objective of realizing long term shareholder value, whilst taking account the interests of other stakeholders . This, in simpler terms meaning managing the company's money in such a way, where they face less risk and maximize the utilization of the resources. Due to this reason, corporate governance is becoming a must in many nations and their economic policy. However, over the years, many such corporate governance failures have been a root cause in the company's demise. The top level managements' misleading actions have been detrimental to their organization. International scandals such as Enron, Worldcomm, and Tyco International, have created a stir in the economy and harmed their company. Many top level staffs were fired, accused and even tried in court, with a majority of them facing prison sentences even till now. Recent Corporate Scandals in Malaysian PLCs Sime Darby Fiasco The Sime Darby fiasco indicated a distinct failure in Malaysia's corporate governance. The Sime darby's CEO Datuk Seri Ahmad Zubir Murshid with other employees were responsible of indicating a cost overrun (a loss) of nearly 2.1 billion ringgits ... Get more on HelpWriting.net ...
  • 51.
  • 52. The For Conflict Resolution On The Land Use Conflict... Research Objective, Content and Key issues to be resolved 1.2 .1 Research Objective The need for conflict resolution in the land use conflict between concessions companies and community members of the Nimba County in Liberia cannot be over emphasized since the sustainability of most economies is predicated on the availability of natural resource of that country. Concessions companies are established to accomplish their set objectives which includes profit making and for these objectives to be attained stability and peaceful atmosphere must play a significant role. It is important to know that due to the present competition amongst investors around the globe there is the need for these concession companies to adapt the culture of consulting community stakeholders when it comes to dealings with their lands. The research will target the following Stakeholders such as youth, women groups, elders, chiefs, civil society organizations and local government officials in the Nimba Country region. 1.2. 2 Research Content and research Method The research thesis is composed of five chapters. The first chapter provides the background of this research and will follow along with the purpose and meaning of the research. After the purpose and meaning/problem statement, we will focus on the research target, content, the key issue to be resolved, the research methods and innovation. The second chapter is composed of the literature review and concepts about theoretical framework for customary ... Get more on HelpWriting.net ...
  • 53.
  • 54. Oreo and Pt Danone Biscuit TUGAS MANAJEMEN INTERNASIONAL STRATEGIES FOR INTERNATIONAL COMPETITION & ANALYZING AND MANAGING FOREIGN MODES OF ENTRY FOR FOOD INDUSTRY (BISCUIT) Oleh : Kelompok 5 Margaretha Pink Berlianto (19090054) Diana Permana (19090062) PROGRAM STUDI MASTER OF MANAGEMENT UNIVERSITAS PELITA HARAPAN JAKARTA 2010 DAFTAR FOREIGN DIRECT INVESTMENT DALAM BIDANG FOOD INDUSTRY (BISCUIT) DI INDONESIA 1. PT Kraft Foods Indonesia. 2. PT Arnott's Indonesia. 3. PT Ceres Meiji Indotama. DAFTAR IMPORTIR DAN DISTRIBUTOR DALAM BIDANG FOOD INDUSTRY (BISCUIT) DI INDONESIA : 1. PT Pandurasa Kharisma (Wernli, Famous Amous) 2. PT Nirwana Lestari (Toblerone, Guylian, Ritter Sport, Toffifee, Merci, Werthers Original, Pez, Fisherman Friends, Riesen, ... Show more content on Helpwriting.net ... Both children and adult people like snacks. The types of biscuits as snacks grow fast both in taste, packaging and form. Biscuit snacks have wide market with market targets including children, boys and girls. The competition, therefore is tight among the products of biscuit snacks marked with aggressive advertising by producers. Investors are more interested in the market of biscuits for snack in the country.
  • 55. Production capacity growing Capacity utilization of the country's biscuit industry is high despite price hikes of basic materials. Production capacity of Indonesian biscuit industry has increased from year to year reaching 232,762 tons in 2003, and 246,728 tons in 2004 and 299,035 tons in 2006. The increase in production capacity followed expansion by some of the many producers and the operation of new producers. Producers of biscuit and production capacity Most major producers in the country such as PT Khong Guan, PT Mayora Indah, PT Arnott's Indonesia and PT Nabisco Foods produce wafer, cookies and crackers. There are few producing biscuits in tin but they have large market shares especially on certain occasions like Idul Fitri, Idul Adha and Christmas and new year when many people give, send or exchange gifts. The country has more than 200 producers of biscuits––medium and large producers. Among the large producers are PT Khong Guan Biscuit, PT Mayora Indah, PT Nabisco Foods, PT Arnott's Indonesia, and ... Get more on HelpWriting.net ...
  • 56.
  • 57. Sime Darby Case Summary Liquidity: As calculations show Sime Darby's ability to cover its short–term liabilities generally increases throughout the 2009–2013 period. In 2010 the current ratio had a slight decline to 1.64 with the following recovery in 2011; however, it experienced a sharp drop to 1.53 in 2012. In 2013 it reached its highest level of 2.09 for the whole period of 5 years. Among its competitors Sime Darby's current ratio is in the middle. IOI Group has the highest current ratio of 5.30 as it has a very high current assets, whereas Bousted Holding has the lowest one of 0.73, because its short term debts amount is exceeding its current assets. The acid ratio has similar to current ratio trend. It also has experienced a decrease in 2012 to 0.59 with the ... Show more content on Helpwriting.net ... In 2009 Sime Darby used 25% of debts to back up company's financing. In 2013 this figure increased to 36%. Because the gearing ratio exceeds the industry average, we can say that Sime darby is comparably vulnerable to downturns, because it has continue servicing its debt regardless the level of sales company has. However, since the company is only 36% debt financed, the equity proportion will provide a cushion and will be used to measure the financial strength. Most of Sime Darby's competitors have gearing ratio less than industry level. However Berjaya Holding's gearing is 55%. This means that it is 55% debt– and 45% equity financed. Since it is more leveraged, the company will have higher risk. Since there is a concern whether SIme Darby has an ability to meet the debt, we have calculated interest coverage ratio. The lower the interest coverage ratio, the higher the company's possibility of bankruptcy or default. In 2010 there was sharp decline of interest coverage ratio to 6.87, because EBIT in 2010 fell considerably. However, with the recovery of EBIT, interest coverage ratio also increased and reached 15.84 in ... Get more on HelpWriting.net ...
  • 58.
  • 59. Xyz-List of Speakers List of Speakers 1. Mr Nazery Khalid Senior Fellow/Centre Head, Centre for Maritime Economics & Industries Maritime Institute of Malaysia (MIMA) nazery@mima.gov.my 2. Ms Margaret Ang Researcher, Centre for Maritime Economics & Industries Maritime Institute of Malaysia (MIMA) margaretang@mima.gov.my 3. Mr Khamarudin Mansor Managing Director Kay Marine Sdn Bhd khamarudin@kaymarine.com.my 4. Ir Hisham Haron General Manager, Marine Repair Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) hisham@mmhe.com.my 5. Mr Mohd Fairul Sany Senior Sales Executive Jotun (Malaysia) Sdn Bhd faizul.sany@jotun.com.my 6. Oh Kean Shen Managing Director Pen Marine Sdn Bhd ksoh@pc.jaring.my 7. Mr Norulhadi Md Shariff Chief Executive Officer Global Maritime ... Show more content on Helpwriting.net ... Mr Udayakumar A/L Poonarangam Head – Corporate & Business Development Division Gagasan Carriers Sdn Bhd udaya@gagasan.com.my 42. Mr Yong Leong Hua Executive Director Gimhwak Shipyard Sdn Bhd leong_y@yahoo.com 43. Mr Mohd Yusni b. Razali Global Carriers Bhd 44. Mr Bazerin b. Din Global Carriers Bhd 45. Mr. Ho Kong Fatt Manager Global Carriers Bhd hokf@globalcarriers.com.my 46. Mrs Nor Azrina Azlan Chief Operation Officer Global Carriers Bhd azrina@globalcarriers.com 47. Mr Adam Shah b.Azlan General Manger Global Carriers Bhd adam@globalcarriers.com.my 48. Mr Tajul Asikin Sallehuddin Head Procurement Global Carriers Bhd tajulashikin@globalcarriers.com.my 49. YBhg Dato' Jaffar b. Mohd Yassin Director Grade One Marine Shipyard Sdn Bhd jaffaryassin@goms.com.my 50. Mr Ahmad Yusof Mohamad Chief Operating Officer Grade One Marine Shipyard Sdn Bhd ahmadyusof@goms.com.my 51. Mr Shahril b. Ahmad Managing Director 5 Hanaro Engineering Sdn Bhd shahril@hanaro.com.my 52. Mr Faruddeen b. Ram Hanaro Engineering Sdn Bhd 53. Mr Chua Oui Lam General Manager Hong Bee Motors Sdn Bhd olchua@hongbee.com.my 54. Mr Abd. Molok Bakar Executive Chairman Imis Infotech Sdn Bhd molok@imis–infotech.com 55. Mr Mazlan Bidin Johor Shipyard & Engineering Sdn Bhd 56. Mr Hj Yahaya b. Mat Nor Managing Director Jubli Unggul Sdn Bhd jubliunggul@yahoo.com 57. Mr Wong Ing Chiew National Sales Manager, Marine Protective & Marine Coatings JOTUN (Malaysia) Sdn Bhd ... Get more on HelpWriting.net ...
  • 60.
  • 61. Marketing Strategy And PEST Analysis Of Tesco 1. INTRODUCTION 1.1 BACKGROUND DETAIL Universally Tesco is one of Britain's leading food retailer and also the third largest in the world (Innovation Leaders,). It has its headquarters in Chesunt, but has many stores around the country. Tesco was founded in 1919 by Jack Cohen as a group of market stalls. The Tesco brand first appeared five years later in 1924 when he bought a shipment of tea from a Mr T. E Stockwell. The brand continued its rise in the 1930s when Mr Cohen built a headquarters and warehouse in North London, and in 1932 Tesco became a private limited company. In Malaysia, Tesco stores was opened in May 2002, first in Puchong, Selangor. There are stores throughout Malaysia which are located in Kuala Lumpur, Perak, and Penang ... Show more content on Helpwriting.net ... Not only for that, is location needed for product distribution as well. Tesco is one of hypermarket that have online shopping and store shopping as well. For more convenience in selling their product and services, Tesco have utilized two different channels, online and offline. Online sales channel is for Tesco Direct where it is directed straight to its official website. For offline sales channel, it is divided into four store formats which is Tesco Metro, Tesco Express, Tesco Superstore and Tesco Compact for UK base only (Research Methodology, 2014). 5.2 Price The pricing strategy of Tesco is being developed accordingly to Tesco's business strategy meanwhile pricing strategy would contribute to Tesco's competitive advantage. To be more specific, based on the marketing message saying "Low Prices Everyday", Tesco's pricing strategy was made. Moreover, Tesco's aim is to have reduction in cost purchase and operational cost in economics scale (Research Methodology, 2014). 5.3 ... Get more on HelpWriting.net ...
  • 62.
  • 63. Sime Darby Case Study Nowadays, many company are practising CSR (Corporate Social Responsibility) in Malaysia. Among them, we choose three companies to review their effectiveness of CSR which is Sime Darby, UMW and Digi. Sime Darby, is a Malaysia well–known companies which it involve many sectors like plantation, property, industry equipment, motors and energy & utilites. As a diversified company, Sime Darby not just only emphasize on its business but also its CSR. To achieve this, Sime Darby to continuously strives inculcate and embed CSR into its value chain, taking into consideration its responsibilities to and the expectations of its stakeholders. It is a commitment that goes beyond regulatory compliance and ethical business behaviour. (Sime Darby – Corporate ... Show more content on Helpwriting.net ... Sime Darby give impetus to innovative business solutions which done through investment in research and development of improved processes that can benefit society in order to address the societal needs. Sime Darby realise that a high performance culture can be achived through the integration and adoption of outstanding best practices CSR also require a thought leadership in order to make the company become a thought leader and an exemplary corporate citizen, whilst still maintaining profitability and good business. (Sime Darby – Corporate Responsibility – Sime Darby CR Portfolio . 2016.) Sime Darby has done it. They commited to create shared value throughout its supply chain and inspire positive growth in the countries it operates. To achieve it, Sime Darby engages with its stakeholders through business relationships and dialouges. After we seen Sime Darby's CSR portfolio, we are going to look the next company which is also practising CSR which is Digi. Digi, a well–known telecommunications company in Malaysia. DiGi provides mobile voice, Internet and digital services to 11 million customers in Malaysia. Through its mission of 'Internet for All', DiGi is committed to driving Malaysia's growth by building a mobile Internet environment that enables true connectivity, creating socio–economic development and aiding businesses to ... Get more on HelpWriting.net ...
  • 64.
  • 65. Government's Role in Setting Policty in Maylasia 1.0 Introduction "Governments will always play a huge part in solving big problems. They set public policy and are uniquely able to provide the resources to make sure solutions reach everyone who needs them. They also fund basic research, which is a crucial component of the innovation that improves life for everyone." (Bill Gates). Malaysia sought its independence in 1957 though faced with many trials and tribulations. In 1957, Malaysia faced the problem of consolidating a nation with a multiracial society characterised by socio–economic and cultural differences. Furthermore, the emergency period lasting until 1960 posed a threat that called for bravery, fortitude and sacrifice on the part of all Malaysians to overcome. The birth of Malaysia in 1963 brought in another period of national integration troubled with various external threats and challenges. Then in 1969, Malaysia faced an outburst of racial conflict that showed clearly an area of weakness which undermined the very foundations of the nation. Despite the challenges, Malaysia emerged from these critical times much stronger and more determined to achieve national unity, economic growth and social development. The trauma of racial riots let to a critical self–analysis of what went wrong and the formulation of new approaches towards strengthening national unity and at this era, the citizens of this country live together in peace and harmony. All this could not have been possible without a group of people ... Get more on HelpWriting.net ...
  • 66.
  • 67. Essay On Tesco At its current status, Tesco's entire revenue of 60% is from the host country (UK) and 40% from its twelve client countries. It possesses ninety–seven years of revolutionized supply chain management skills and advantages as it competes with its local & offshore local competitors such as Asda, Carrefour, Aeon Jusco, Mydin, Giant and many more. Tesco PLC Joint Venture – Tesco (Malaysia) As a part of international business globalization strategy, Tesco PLC ventured in to Malaysia with the availability of Foreign Direct Investment (FDI). It joint ventured with Sime Darby, a major Malaysia based multinational cooperation with a sharing of 70% (Tesco PLC) and 30% (Sime Darby) respectively in the year 2001. In its course of expansion to Malaysian ... Show more content on Helpwriting.net ... Throughout Tesco's operational years, it has pioneered in the evolution of supply chain management & technology process. There have been significant phases of changes continuously happening in SCM methodology and Tesco has predominantly applied, adapted and ventured in to respective methods or concepts to sustain its competitive advantages in the retailing industry. In fact, Tesco is migrating from the vertical dynamic flexibility to a virtual structural flexibility domain to cope with the inevitable turbulence in the global market and customer preferences. As a part of conventional supply chain user, Tesco had implemented several management information systems as a part of its business intelligence. This includes the application of Point–of– Sale Scanning system (POS & EPOS), Electronic Data Interchange (EDI), centralized ordering and distribution process, automated warehouse control, and adapted Toyota Production System (TPS) which led to Just–In–Time (JIT) and Jidokha methodology with the incorporation of its Muda, Mura and Muri, a protocol for waste elimination and RFID (Radio Frequency Identification) technology for tracking product movement purposes. These are the driving factors for Tesco to be a lean oriented organization for both its internal and external ... Get more on HelpWriting.net ...
  • 68.
  • 69. International Trade And The Uk LO1 1.1 International trade is the exchange or trade of merchandise, capital and services across the world. For many countries, these exchanges can represent a very important share of their GDP (Gross Domestic Product). Open and closed economies are different in the way they manage their exchanges on the international market. An example of an open economy is the UK; the UK allows the import and export of products. In comparison, a country such as Brazil is a largely closed economy that in the majority does not allow exports and imports, they instead produce their own products for their population to use and consume. For an open economy such as the UK having international trade promotes competition and avoids monopolies domestically. This ... Show more content on Helpwriting.net ... The UK can purchase products and raw materials from other countries. The businesses in the UK are able to get their goods from foreign suppliers for cheaper prices than they can from domestic suppliers. This will then make the suppliers in the UK lower their prices. Being an open economy also means that people from foreign countries can come to the UK and open their own business and start trading (Gabriele Giudice, 2012). The Malaysian conglomerate Sime Darby offered to buy New Britain Palm Oil and because they are offering to buy a company in the UK they can bring palm oil into the UK. Palm oil has a high demand so buying this company will enhance the GDP in the UK and also create jobs. 1.2 Comparative advantage is when an individual or company is made to produce services or goods at a lower opportunity cost than other individuals or companies. Opportunity cost is what you give up when you make a certain choice. When you make a decision you are valuing one decision over another and that decision that you did not choose is your opportunity cost. Absolute advantage is when a business, person or country is able to produce services or goods at a lower cost per unit than any other entity can produce that same unit (MacKenzie, 2010). Terms of trade are a country's export value relative to that of its imports. The terms of trade are calculated by dividing the value of exports by the value of the imports then this answer is multiplied ... Get more on HelpWriting.net ...
  • 70.
  • 71. International Marketing in Major Corporations International marketing is practiced in all major corporations, there are a large array of advantages companies can benefit from this and very little to lose. By marketing themselves globally, corporations essentially create multiple business opportunities for themselves worldwide when they recognise the opportunities and strive to inform or meet different consumer needs. Several corporations tend to internationalize when the domestic market is not generating lucrative profits for the corporation compared to the domestic market. For example, in 1994, Apple generated an additional amount of $80 million from the foreign market compared to the local market. While doing this, it causes a chain effect – such as joint business collaborations, this creates opportunities for the different organizations to work together to advance in the economy and, this promotes global cooperation amongst firms. An example would be a company marketing their products in foreign markets to better understand consumer needs, before building manufacturing plants in the host country and marketing their products elsewhere. Additionally, it would help corporations be able to modify their product's life cycle, since products are bound to take a dip in demand after it has outlived it's peak, by internationally marketing it, corporations could extend it's peak or bring the product back to it's introductory stage again which in turn gives the product a longer lifecycle. Amongst the many international ... Get more on HelpWriting.net ...
  • 72.
  • 73. Ijm Land Table of Contents 1.0 Back ground of IJM Land Berhad 1.1 Basic Introduction of IJM Land Berhad 1.2 Choices over IJM Land Berhad 1.3 Analysis of current situation of IJM Land Berhad 1.3.1 Vision 1.3.2 Proposed Vision Statement 1.4.1 Mission 1.4.2 Improved Mission 1.5 Objectives (SMART) 2.0 Internal Analysis 2.1 Product Life Cycle of IJM Land 2.1.1 Introduction Stage 2.1.2 Growth Stage 2.1.3 Maturity Stage 2.1.4 Decline Stage 2.1.5 Conclusion of IJM Land Berhad's Product Life Cycle 2.2 Boston Consulting Group Matrix of IJM Land Berhad} 2.2.1 Question Marks 2.2.2 Star 2.2.3 Cash Cows 2.2.4 Dogs 2.2.5 Conclusion of IJM Land Berhad's Boston Consulting Group Matrix 2.3 Value of Chain 2.3.2 Inbound Logistics 2.3.1 ... Show more content on Helpwriting.net ... In line with the stable economic environment, improved labour market conditions and rising inflationary fears, the property market continued on a growth trend that only moderated towards the end of the year. In 2011, the Malaysian property market recorded an all time high 430,403 transactions valued at RM137.83 billion which were 14.3% and 28.3% higher respectively compared to 2010. In tandem with the vibrant property market, the Group's projects throughout the country continued to enjoy healthy take up rates, which enabled it to achieve RM1.35 billion in sales. Riding on this positive sentiment, the Group continued to enhance its value proposition to prospective buyers by offering a wide range of products incorporating contemporary designs and innovative features in our well located developments. The positive results of our efforts are reflected in the financial performance of the Group. According to the company CEO &amp; Managing Director Dato' Soam Heng Choon, our strategically located projects across the country generally experienced strong demand. In Penang, our prestigious "The Light" waterfront development, Maritime office suites, Pearl Regency, Vertiq and The Address condominium projects, Klang Valley's Laman Granview in Puchong (an exclusive semi–detached and bungalow enclave), Johor's landed residential development within Iskandar Malaysia called Nusa Duta, D'Rich and D'Ambience ... Get more on HelpWriting.net ...
  • 74.
  • 75. Case Analysis Of Sime Darby Energy And Utilities Division As for Sime Darby Energy & Utilities Division (E&U), which separated into China and non–China operations, its non–China uses cost–focus strategy as they exited the power industry by disposing its Malaysia–Thailand owned Power Company to be in–line with their company long–term business strategy that focuses on its core business due to its net loss of RM 49.3 million in FY2014. This division has shrink its operations in Malaysia, Singapore & Thailand to cut cost but still continue with its current operation of providing mechanical & electrical products and services. In the E&U Division of China operation, it focuses in water management and ports & logistic. Due to its limited ports and water ground, it has a low market growth, which placed it in cash cow quadrant. Although E&U is profitable in managing the ports and water management, the growth potential is too slow for further investment. With Sime Darby Berhad conglomerate business, its business strategy should always be in–line with corporate strategy to achieve its vision and mission, creating values for investor. Decision making is generally defined as the action of selecting one option from a set of several options, is always an important factor for any business, no matter small sole proprietorship business to large multinational corporations. Decision making ... Show more content on Helpwriting.net ... It has a high potential of acquiring other firms to expand its market due to large funding. With goodwill between other countries through Malaysia government, Sime Darby could easily buy shares of foreign companies and import technologies. It is an opportunity for Sime Darby to improve the quality of life and the standard of living in Malaysia. Its growth strategy definitely suits its current position with large fund and cooperation between countries. Sime Darby have to grab this opportunities look into its potential market in other countries as to expand it and grab more market ... Get more on HelpWriting.net ...
  • 76.
  • 77. Genting Group Case Study History of Management c) What is the organisation approach of managing? From our point of view, the approach of managing of Genting Group Berhad is classical management. One of the theory in classical management is scientific management. Frederick W. Taylor played the dominant role among the earliest scholars of scientific management. According to Taylor, there is one best way to do any job. He suggested that specific procedures developed from thorough studies should replace the managerial actions based on rules of thumb. One of the elements of Taylor's scientific management is the standardization method for performing each job. Genting group employees exercise neutrality, consistency and clarity, guided by the Human Resources handbooks and ... Show more content on Helpwriting.net ... That is, the activities must have the same objective and one plan. In our view, Genting group can develope a five–year group strategy blueprint to clearly indicate their group direction and then, improve their managing approach. Looking into the Sime Darby group, they developed their missions and visions like Genting group. However, they also developed a five–year group strategy blueprint to declaim a well–defined strategy framework that can realise their visions and drive the future business direction of the group. We believe that Genting group can make a difference through the development of ... Get more on HelpWriting.net ...