Business Ethics and example company- TATARejoitJames
BUSINESS ETHICS:
ETHICS AND MEANING
BUSINESS ETHICS
HOW BUSINESS AFFECTS PROFITS
CONTRIBUTION OF ETHICS TO DIFFERENT ECONOMIC GROUPS
TATA COMPANY STUDY:
ABOUT TATA
ETHICAL BEHAVIOUR
CSR ACTIVITIES
Introduction of the company ,Market structure ,Cost structure, Substitutes and complement goods , Major current and past reasons for variation in demand and supply,Regression analysis for past 10 years ,Forecast variable ‘sales’
Presentation on TOYOTA INDUS MOTOR in Corporate GovernanceAmna Abrar
This presentation is about the company of Toyota Indus Motor in Corporate Governance where tell about the company information their vision mission and the policy that apply on their company.How to react with employees, customers,shareholders etc
Business Ethics and example company- TATARejoitJames
BUSINESS ETHICS:
ETHICS AND MEANING
BUSINESS ETHICS
HOW BUSINESS AFFECTS PROFITS
CONTRIBUTION OF ETHICS TO DIFFERENT ECONOMIC GROUPS
TATA COMPANY STUDY:
ABOUT TATA
ETHICAL BEHAVIOUR
CSR ACTIVITIES
Introduction of the company ,Market structure ,Cost structure, Substitutes and complement goods , Major current and past reasons for variation in demand and supply,Regression analysis for past 10 years ,Forecast variable ‘sales’
Presentation on TOYOTA INDUS MOTOR in Corporate GovernanceAmna Abrar
This presentation is about the company of Toyota Indus Motor in Corporate Governance where tell about the company information their vision mission and the policy that apply on their company.How to react with employees, customers,shareholders etc
HR POLICIES AND PRACTICES OF TATA MOTORS Shree Ganesh
The presentation is about the HR policies and practices of Tata Motors.
Tata Group believes that people are their greatest asset and they adopt best practices to ensure healthy employee relations, employee growth, and development as well as work satisfaction.
Operations management in business assignment sampleElite Assignment
Here is the an assignment writing help sample on operations management, this should help writing an assignment and learning to write an assignment on this topic.
Training and Development in WIPRo
Wipro have an in-house training department that handles continuous training of employees.
Those with less than one year of experience are taken through a well-structured induction/training program. This will cover all aspects of software development skills that are required.
To meet the ever-changing requirements in training, wipro have rolled out their e-learning initiatives, which is available to all employees. Their "Virtual Campus" runs with the objective of building a vast learning community on the Net. The facility of "Training on demand" enables the individual to be in complete charge of his own learning experience.
HR POLICIES AND PRACTICES OF TATA MOTORS Shree Ganesh
The presentation is about the HR policies and practices of Tata Motors.
Tata Group believes that people are their greatest asset and they adopt best practices to ensure healthy employee relations, employee growth, and development as well as work satisfaction.
Operations management in business assignment sampleElite Assignment
Here is the an assignment writing help sample on operations management, this should help writing an assignment and learning to write an assignment on this topic.
Training and Development in WIPRo
Wipro have an in-house training department that handles continuous training of employees.
Those with less than one year of experience are taken through a well-structured induction/training program. This will cover all aspects of software development skills that are required.
To meet the ever-changing requirements in training, wipro have rolled out their e-learning initiatives, which is available to all employees. Their "Virtual Campus" runs with the objective of building a vast learning community on the Net. The facility of "Training on demand" enables the individual to be in complete charge of his own learning experience.
The presentation is about Management Control System at Toyota. The presentation briefly covers the various techniques developed by Toyota with reference to the "Toyota House Diagram".
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An industry segment that ful lls its obligations to society at large, connects with the surrounding community, and closely follows the rules and regulations of the country in which it operates, is able to emerge as a credible partner in development and a competitive leader in the world. corporate integrity and good citizenship is not a matter of choice for an aspirational company, but a non-negotiable imperative. Early on in its history, cii internalized this belief and sought to disseminate it widely
among industry Members.
CSR-Legislation In India & the world
Section 135 of Companies Act 2013
Scope for CSR Activities under Schedule VII
Appointment of Independent Directors on the Board
The Drivers of CSR in India
Changing expectations of social responsibility
four faces of social responsibility
the regulatory environment in India Counter trends
Performance in major business and programs
This assignment is related for a bank (SBP)Amna Abrar
1:Importance of Prudential Regulation from regulators point of view
2:Types of Prudential Regulations provide by SBP
3:Definitions of:
Exposure limits for banks:
Limit On Exposure Against Contingent Liabilities:
Minimum Requirement For Different Types Of Consumer Finance:
General Reserves Against Consumer Finance:
Window Dressing:
Margin Requirement:
Maximum Card Limit:
Maximum Consumer Loans Tenure:
This presentation is about ISRAELI drones....by taking through from the article
The link is:(http://www.businessinsider.com/israel-the-land-of-drone-startups-2016-3)
Lego is the toy making company which was introduced in 1932 in DENMARK. In 1934,company came to be called ‘LEGO” from the Danish phrase “LEG GODT” which means play well . This Danish company was registered in 1958 though it had been manufacturing blocks since 1932.
and also in macro and micro environment
This presentation is about the Habib Bank Limited by the evaluation of accounting system where explain about the internal and external audit and general infomation
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Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
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Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
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While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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1. CORPORATE GOVERNANCE
Page 1
Company Profile
Indus motor was incorporated in 1989 as a joint venture company between the House
of Habib of Pakistan, Toyota Motor Corporation and Toyota Tsusho Corporation of
Japan. The Company manufactures and markets Toyota and Daihatsu brand vehicle in
Pakistan. The main product offerings include. Several variants of the flagship 'Corolla' in
the passenger cars category, 'Hit, in the light commercial vehicles segment and ‘For
tuner' in Sport Utility Vehicle Segment
The manufacturing facility and offices are located at a 100 acre site in Port Qasim,
Karachi while the product is delivered to end customers nationwide through a strong
network of 37 independent 3S Dealerships spread across the country. In its 24 years
history since inception, IMC has sold more than 500,000 vehicles and has demonstrated
an impressive growth, in terms of volumetric increase from a modest beginning of 20
vehicles per day production in 1993 to MO units daily at a present through the
development of human talent embracing the 'To, Way' of quality and lean
manufacturing. Over the years, IMC has made great scale investments in enhancing its
own capacity and in meeting customer requirements for new products.
Today, Corolla is the largest selling automotive brand model in Pakistan and it
also has the distinction of being no.1 in Toyota's Asian market.
The Company invests heavily in training its 20,000 plus work force of team members and
management employees and creating a culture of high performing empowered teams
working seamlessly across processes in search of quality to pursue high standards of
business ethics and safety.
The bi-annual TMC morale surveys show employees giving a high positive score
to the IMC work environment and level of job satisfaction.
The Company has played a major role in the development of the entire value
chain of the local auto industry and is proud to have contributed in poverty alleviation at
the grass root level of nurturing localization that in tum has directly created thousands
of job opportunities and transferred technology to 60 vendors supplying parts. IMC is
also a major tax payer and significant contributor towards GOP.
2. CORPORATE GOVERNANCE
Page 2
Vision:
“To be the most respected and successful enterprise, delighting customers with a wide
range of products and solutions in the automobile industry with the best technology."
Mission:
Respect & Corporate Image
Quality & Safety
Customer Satisfaction
Production & Sales
Profitability
Best Employer
3. CORPORATE GOVERNANCE
Page 3
Board of Directors
The board of Toyota Indus Motors comprises of 9 members, their names and details are
given below.
Ali S. Habib (Chairman):
Ali S. Habib is the Chairman of Indus Motor Company Ltd., he is also the founding
director of the company.
Keiiichi Murakami(Vice Chairman):
He was elected as a member of the board and appointed as Vice Chairman of the
company.
Parvez Ghias (CEO & Director):
He has been the Chief Executive Officer and director of the company.
FarhadZulficar:
He is the founding director of Indus Motor Company Ltd. He was the first managing
director of the company.
S. Mohamedali R. Habib:
He is also the founding director for the company.
Kyoichi Tanada:
He was appointed as the director of the company.
MitoshOkimoto:
He was appointed as the director and is serving the company as senior director.
Hiroyuki Niwa:
He has been associated with the Toyota Corporation. He was appointed as a
director for Indus Motors.
4. CORPORATE GOVERNANCE
Page 4
Raza Ansari:
He was elected as a non-executive director of the company. He was also a member of
the audit committee.
COMMITTEES
The Indus Motor Company has 6 committees the names and the details are given below.
Board Human Resource and Remuneration Committee:
The remuneration committee is a sub-committee of the board. It recommends human
resource management policies to the Board. It also recommends selection, evaluation,
compensation and succession plan of the CEO and Senior Management who directly
report to the CEO.
Board Ethics Committee:
This committee has the responsibility of overseeing ethical policies and compliance by
the company.
Investment Committee:
This committee assists the board in fulfilling its oversight responsibility for the
investment in assets of the company. It evaluates the capital expenditures required to
be made and recommends the same to the board for approval. It is also responsible for
formulating the overall polices for investment in fixed assets.
Marketing Technical Co-ordination Committee:
This committee also controls new products or minor model specification changes and
schedules.
Management Committee:
This committee is responsible for monitoring of organization operations. It also reviews
departmental targets and accomplishments achieved during the month. In addition it
5. CORPORATE GOVERNANCE
Page 5
reviews government regulatory affairs including macro-economic situations which
results in formation of the company's strategy and risk management policies.
Safety Health and Environment Committee:
This committee meets on a monthly basis and keeps a close eye on the company wide
trends, relevant local laws compliance, promulgating drive and focus on issues
prevailing on the shop floor and ways to resolve them via efficient and swift decision
making. This committee is chaired by the CEO who formulates policies.
Statement of Compliancewith the Code
of Corporate Governance
This statement is being presented to comply with the Code of Corporate
Governance (CCG) contained in Regulation 35 of the Listing Regulations of the
Karachi Stock Exchange Limited, Lahore Stock Exchange Limited and Islamabad
Stock Exchange Limited, for the purpose of establishing a framework of good
governance, Whereby a listed company is managed in compliance with the best
practices of corporate governance.
The Company has applied the principles contained in the CCG in the following
manner:
The Directors have confirmed that none of them is serving as a director in more
than seven listed company including this Company.
All the resident directors of the Company are registered as taxpayers and none of
them has defaulted in payment of any loan to a banking company.
The Company has prepared a "Code of Conduct”.
The Board has adopted a Vision / Mission statement, overall corporate strategy
and significant policies of the Company prepared by the management.
All the powers of the Board have been duly exercised and decisions on material
transactions, including appointment and determination of remuneration and
terms and conditions of employment of the Chief Executive and other executive
directors, have been taken by the Board.
6. CORPORATE GOVERNANCE
Page 6
The meetings of the Board were presided over by the Chairman and the Board
met at least once in every quarter.
During the year, the Board has arranged orientation comes for the Directors.
The Board has approved the appointment of Chief Financial Officer (CFO), Company
Secretary and Head of Internal Audit, including their remuneration and terms and
conditions of employment
The Directors' Report for the year has been prepared in compliance with the
requirements of the CCG.
The financial statements of the Company were duly endorsed by the CEO and the CFO
before approval by the Board.
The Company has complied with all the corporate and financial reporting requirements
of the CCG.
The Board has formed an Audit Committee.
The meetings of the Audit Committee were held at least once every quarter.
The Board has formed an HR and Remuneration Committee.
The Board has set-up an effective internal audit function within the Company.
Auditors:
A.F. Ferguson & Co. Chartered Accountants.
7. CORPORATE GOVERNANCE
Page 7
Toyota Motor Corporation CSR policy
CSR Policy:CONTRIBUTION TOWARDS
SUSTAINABLE DEVELOPMENT:
In order to contribute to sustainable development, they believe that the management
interacting with stakeholders as described below is of considerable importance:
Customers:
Based on philosophy of "Customer First", they develop and provide innovative, safe and
outstanding high quality products and services that meet a wide variety of customers'
demands to enrich the lives of people around the world.
Employees:
They respect their employees and believe that the success of our business is led by each
individual’s creativity and good teamwork. They support equal employment
opportunities, diversity and inclusion for their employees. They strive to provide fair
working conditions and to maintain a safe and healthy working environment for all our
employees.
Business Partners
Whenever we seek a new business partner, we are open to any and all candidates,
regardless of nationality or size, and evaluate them based on their overall strengths.
Shareholders
They strive to enhance corporate value while achieving a stable and long-term growth
for the benefit of shareholders.
8. CORPORATE GOVERNANCE
Page 8
Global Society/Local Communities
Environment:
They aim for growth that is in harmony with the environment by seeking to minimize
the environmental impact of business operations, such as by working to reduce the
effect of vehicles and operations on climate change and biodiversity. They strive to
develop, establish and promote technologies enabling the environment and economy to
coexist harmoniously and to build close and cooperative relationships with a wide
spectrum of individuals and organizations involved in environmental preservation.
Community:
They implement the philosophy of "respect for people" by honoring the culture,
customs, history and laws of each country. They constantly search for safer, cleaner and
superior technology that satisfies the evolving needs of society for sustainable mobility.
Social Contribution Wherever they do business, they actively promote and engage, both
individually and with partners in social contribution activities that help strengthen
communities and contribute to the enrichment of society
9. CORPORATE GOVERNANCE
Page 9
Guiding Principles at Toyota
1. Honor the language and spirit of the law of every nation.
2. Respect the culture and customs of every nation and contribute to economic and
social development through corporate activities in their respective communities.
3. Dedicate business to providing clean and safe products and to enhancing the quality
of life everywhere through all of our activities.
4. Create and develop advanced technologies and provide outstanding products and
services that fulfill the needs of customers worldwide.
5. Foster a corporate culture that enhances both individual creativity and the value of
teamwork, while honoring mutual trust and respect between labor and management.
6. Pursue growth through harmony with the global community via innovative
management.
7. Work with business partners in research and manufacture to achieve stable, long-
term growth and mutual benefits. While keeping ourselves open to new partnerships.
Five Main Principles of Toyota:
10. CORPORATE GOVERNANCE
Page 10
1. Always be faithful to your duties, thereby contributing to the company and to the
overall good
2. Always be studious and creative.
3. Always be practical.
4. Always strive to build a homelike atmosphere at work that is warm and friendly.
5. Always have respect for spiritual matters, and remember to be grateful at all
times.
Board Audit Committee
The board Audit committee comprises of five non-executive directors, including the
Chairman of the Board Audit Committee, The terms of references of the committee
include reviews of annual and quarterly financial statements, internal audit report,
information before dissemination to stock Exchange and proposal for appoint of
external auditors for approval of the shareholders, apart from other matters of
significant nature.
Appointment of Auditors
The present auditors, M/s A.F. Ferguson & Co. Charted Accountants retire at the
conclusion of the meeting and being eligible: offer themselves for re-
appointment. The directors endorse recommendation of the Audit Committee for
Re-appointment of M/s A.F. Ferguson & Co., as the auditors for the financial year
2013-2014.
11. CORPORATE GOVERNANCE
Page 11
Code of Corporate Governance
The Board members are pleased to state that the management of the Company is
committed to good corporate governs and complying with the best practice. In
compliance with the code of corporate Governs, the directors are pleased to
state as follows:
The financial statement prepared by the management of the company present
fairly its state of affairs, the result of its operations, cash flows and changes in
equity.
Proper books of accounts of the company have maintained.
Appropriate accounting policies have been consistently applied in preparation of
the financial statement and according estimates are based on reasonable and
prudent judgment.
International Financial reporting Standards, as applicable in Pakistan, have been
followed in preparation of the financial statements.
The system of internal control is sound in design and has been effectively
implemented and monitored.
There are no significant doubts upon the Company's ability to continue as a going
concern.
There has been no material departure from the best Practices of corporate
governs as detailed in the listing regulations.
Recommendation
The board of directors focuses on supervision of executive officers.
12. CORPORATE GOVERNANCE
Page 12
Evaluate board and director performance and pursue opportunities for
improvement.
Effective risk management supports better decision making because it develops a
deeper insight into the risk-reward trade-offs that all organizations face.