Thursday, August 15, 2019
Old town white coffee research Essay
This is where Nanxiang Cafà ©, the previous name of Old Town White Coffee, started its business. Mr. Ng, who found the cafà © in 1948. Old town White Coffee 3in1 classic together with the original recipe from 1958 spearheaded a breakthrough in the coffee industry. The company single-handedly captured the original authentic taste of an otherwise localized white coffee, turning into a mobile commodity a fast moving consumer good (FMCG), capturing the South East Asia market. Old Town White Coffee (OTWC) company was began in 1999, started as a classic coffee shop of White Cafà © in Ipoh, Malaysia. With the inspiration of vision and passion to make and serve fine coffee to Malaysian household and food service industry, the founder and executive director, Mr. Goh Ching Mun and Mr. Tan Say Yup created a secret of Old Town 3-in-1 instant white coffee. After launching OLD TOWN Brand, the company strives to be Malaysia Leading White Coffee producer with profitable growth through a combination of organic growth coupled and strong aftermarket business. HISTORY In year 1999 old town successful commercialized 3 in 1 coffee mix under the ââ¬ËOLDTOWNââ¬â¢ brand name for the retail sector . In year 2000 old town commenced 1st export of the old town brand 3 in 1 instant coffee mix to Singapore. In year 2001 old town expanded instant coffee mixââ¬â¢s product line to include different variation expanded their export market to H.K In year 2002 old town expanded their nationwide retail distribution to cover east and west Malaysia via hypermarkets and supermarkets. In year 2003 OLDTOWN commercialized their own formulated blend of 3 in 1 instant milk tea In year 2004 OLDTOWN successfully manufactured roasted coffee powder for the food services sector and marketed to the retail sector under ââ¬ËNAN YANGââ¬â¢ brand penetrated the exort markets for our instant coffee mix to cover the United State and U.K. In year 2005 OLDTOWN started exporting instant coffee mix to Taiwan and Indonesia expanded vertically into the foodservices sector by opening a chain of cafà © outlets based on the traditional Ipoh coffee shop setting and ambience under the ââ¬ËOLDTOWN WHITE COFEEââ¬â¢ brand name. In year 2006 OLDTOWN expanded their export market for their instant coffee mix to include Canada and china. In year 2007 OLDTOWN started exporting instant coffee mix to Thailand and Philippines . In year 2008 OLDTOWN launch their 1st partially owned ââ¬ËOLDTOWN WHITE COFFEEââ¬â¢ cafà © outlet in Singapore In year 2009 OLDTOWN expanded into the ready to drink RTD market segment under the ââ¬ËOLDTOWNââ¬â¢ brand name. In year 2010 OLDTOWN commenced operation of fully owned cafà © outlets in Singapore started exporting instant coffee mix to Australia. In year 2011 they commenced cafà © operations under PT OLDTOWN Indonesia opened the first cafà © outlet in China. CEO OF OLD TOWN WHITE COFFEE Lee Siew Heng, a Malaysian, aged 46, is the Group Managing Director of Oldtown Berhad and also one (1) of the two (2) first Directors of Oldtown Berhad, since its incorporation on 30 November 2007. He is also a member of the Remuneration Committee. He brings with him invaluable industry experience, having accumulated more than 20 years of experience in the manufacturing and retailing industries, of which more than 10 years is in the coffee beverage industry. He has been instrumental in the growth and development of the Oldtown Group of companies and has been a key driving force in the expansion of the Groupââ¬â¢s beverage manufacturing and cafà © chain operation businesses. As the Group Managing Director, he is currently responsible for the overall strategic direction and overall management of the Oldtown Group of companies. Upon completion of his secondary education in 1986, he started his career as Production Manager of Chong Ngai Knitting Factory Sdn Bhd, a company involved in the manufacturing of garments. In 1991, as General Manager, he was responsible for the overall operations of the said company. He left the company in 1997 to join CN Supplies Sdn Bhd, a company which was then involved in the trading of hotel supplies, where he was appointed as a Director, a position which he still holds todate.
Wednesday, August 14, 2019
Strategic Initiative
If the strategic plan is properly prepared and understood, then the company will continue to grow and thrive. Wall-Mart is a multimillion dollar empire that provides goods and services to communities all over the world. They are able to do this is because they are constantly looking for new ways to keep their business growing while keeping their customers satisfied and coming back for more. In this paper, Team C has developed a strategic planning initiative that will help Wall-Mart appeal In the local community.The strategic plan will help readers understand how financial planning plays a large part in the success and failure of a business by looking at costs and sales in the community, and finally ascribing the risks that are associated with the strategic planning initiative and financial effects they may have on the company. Strategic Planning Initiative Financial planning is about finding out how the business is going to financially in the future. This means that reports from acco unting and other departments have to be correct or else the forecasting will not be accurate.When a business is working on their financial planning they need to prepare a cash budget. Financial planning helps a business to know how the profits will look in the future which In turn will help them plan on other things. This is where the strategic planning comes Into play. The company can plan how much merchandise to receive for parts of ten year. I nee can also Tugged Tort Dulling expansions, malfeasance, Ana toner necessary things. By knowing how much they can spend on certain projects with the amount they have received from the financial forecasting they can budget properly.They can take the time to plan smart and know what they can do for the company and what they cannot do. Wall-Mart is planning on getting their supplies and merchandise from responsible sources. They want to make sure that the products that they sell to their nonusers are safe to eat and that with our busy lives t hey want the products to stand the wear and tear. With the help of the safer and stronger merchandise, Wall- Mart is planning on increasing sales and make sure that they are making the importance of their values known.With this said from the annual report, Wall-Mart is also working with Michelle Obama to make their food products healthier and their produce cheaper. (womb. Anytime. Com) Mrs.. Obama is helping to reduce obesity in children and trying to make foods healthier. Wall-Mart has been meeting with the first dad and are going to take their brand, Great Value, and make it to where it has less fats, sugars, and unhealthy salts. They are going to come out with healthier soups, salad dressings, rice and snacks.Wall-Mart is also trying to get Kraft to follow their examples and produces healthier products. Initiative Affects on Costs The new initiative will not have a major effect on cost for Wall-Mart. Wall-Mart will continue to use its current manufacturers to be able to provide t heir consumers with the most economical prices. Some things that have caused a change in cost for Wall- Mart would be the improvement of labor productivity and also organizational changes that have been made.There may be several changes that may occur in the upcoming year, but with their past experience Wall-Mart is fully prepared to embrace the changes in the most efficient way possible. They will continue to provide better health benefits to their employees and will be more strategic in their advertising. Also, with the Wall-Mart website they are cutting cost by not having so many items to ship and stock in their stores. It also provides their consumers to have easy access to he products which will expand their clientele.Initiative Affects on Sales Wall-Mart's two initiatives that our team focused on are not only driven by expectations of rising sales, but are thoughtful of improving society in small ways. The initiatives focus on improving the health of consumers, helping them to make smarter choices when doing the food shopping. Very aware of the effects of the economy, Wall-Mart is also finding ways to make these healthy choices affordable and realistic. Quality and values are what they are aiming to reveal, being responsible ND thoughtful so that buying Wall-Mart products is an easy and smart solution for better everyday living.With such a strong platform, these initiatives should easily lure American's into one of their 3,804 stores, targeting the common need to live smart and healthy lives on a budget, in order to accommodate the current state of ten economy. ââ¬Å"We are expanding our assortment, re-allocating selling space Ana enhancing productivity initiatives to reduce costsâ⬠(Wall-Mart, 2011). By working with suppliers Wall-Mart is aiming to expand assortment in all categories and make the assortment more relevant. We continue to implement productivity initiatives throughout the stores, supply chain and logistics to improve returns. As we s ee top- line sales increase through our focus on IDLE (everyday low prices) and from operational and merchandising improvements, we can further enhance our ability to drive expense leverageâ⬠(Wall-Mart, 2011). With cost reduction and commitment to the focus at the core of the Wall-Mart organization, everyday low prices, sales will continue to rise, and the trust and loyalty consumers already show will grow even trotter.Risks Associated with Initiative and Financial Effects As with any business it is important to assess the risks and the financial affects of a business initiative. For Wall-Mart, three initiatives have been identified. The first is purchasing supplies from a responsible supplier. The second is to produce healthier food products in conjunction with the support of Michelle Obama. The third is to promote cheaper produce which will encourage families to eat healthier. The identified associated risks are the possibility of limited resources from so-called expansible suppliers causing Wall-Mart to limit goods that they sell.In addition, there is the possibility of higher cost associated with responsible supplier which will then be trickled down to consumers. Lastly, there is definite risk of botulism or reduced sales associated with purchasing lower quality produce in order to meet their initiative of cheaper produce. With any risk there are also potential financial affects which are the effect of the associated risks. For Wall-Mart they may find that they have to pay more for goods that are form responsible manufacturers and appliers which in turn which trickle down to the consumers causing them to pay more for goods.In turn, causes Wall-Mart to lose customers due to higher pricing. On the other hand if Wall-Mart is able to budget for the absorption of the additional costs and see no price rise to their consumers then they may actually see a financial benefit. Wall-Mart envisions cheaper produce as a potential benefit to its customers and it ca n be but the key to this success will be purchasing cheaper produce that is still quality produce and offering it at an everyday low price to consumers.On the other hand if Wall-Mart offers cheap produce that is not quality produce they may see a reduction in revenue and a loss of customers in this area. Conclusion Wall-mart has over 3,804 stores worldwide, and is the largest leader in retail sales. Wall-mart is able to do this by expanding their business into other countries and providing great quality items to their customers at low prices. The best way for Wall-mart to grow even bigger than they already are is to create a strategic initiative plan that is firm and reliable.
Tuesday, August 13, 2019
Business in a globalised world Essay Example | Topics and Well Written Essays - 1500 words
Business in a globalised world - Essay Example Still, the political initiatives developed in each country in regard to migration can influence the power of the latter to intervene in business operations. It should be noted that the relationship between migration and business in a globalised world cannot be made clear without referring also to the relationship between business and globalisation, as a social and economic phenomenon. 2. Business in globalized world and impact of migration Businesses that have expanded their operations in the global market are often characterized as multinationals (Krizan et al. 2007). However, the above term reflects only those businesses that operate ââ¬Ëin two or more countriesââ¬â¢ (Krizan et al. 2007, p.34). The active involvement of a business in the global market is better reflected through the term global business, which is used in only to describe a business that ââ¬Ëhas adapted its strategies and operations so that they can serve the global marketââ¬â¢ (Krizan et al. 2007, p.34) . This means that even firms that have expanded their activities in many markets are not, necessarily, able to meet the demands of globalisation. It should be noted that the expansion of businesses in the global market is not necessarily positive for markets. ... For this reason, the activities of organizations and institutions that operate globally have often caused severe conflicts worldwide. Reference can be made, as an example of such organizations, to ââ¬Ëthe World Bank or the World Trade Organizationââ¬â¢ (Ungson and Wong 2008, p.10). On the other hand, the expansion of social phenomena that are highly based on globalisation has made the control of global organizations and global businesses even more difficult. Migration is one of these phenomena. Business activities have not managed to remain intact by the development of migration in all markets, an issue that it is further analysed below. The expansion of globalisation has led to the significant limitation, even elimination in certain countries, of barriers in regard to the allocation of job (Parker 2005). As a result, on a daily basis, millions of workers tend ââ¬Ëto cross national boundaries for finding a jobââ¬â¢ (Parker 2005, p.269). At this point, the following proble m appears: not all of these workers are highly skilled (Parker 2005). A surplus of unskilled workers is developed in many countries, especially in developed ones (Parker 2005). On the other hand, not all workers are able to meet the criteria required for international travelling (Parker 2005). The phenomenon of illegal immigration has highly expanded worldwide and its control seems to be quite difficult, especially due to the extremely high number of individuals involved (Parker 2005). An example for understanding the expansion of the phenomenon is given in the study of Parker (2005). According to the above researcher, ââ¬Ëin 2005 the number of illegal Nicaraguans in Costa Rica was estimated to 400,000ââ¬â¢ (Parker 2005, p.269). In a report published
Monday, August 12, 2019
Jordanian Arabic Phonology and Morphology Essay
Jordanian Arabic Phonology and Morphology - Essay Example As the report declares a major difference in the syllabic inventory of the two languages is in the presence of the super-heavy syllable of the form CVVC in Arabic and its dialects. This does not exist in the syllable-structure in English. Although there are many other points of difference between English and Jordanian Arabic from the phonological point of view, including rules of transformation and optimality theoretical constraints, the discussion has been restricted here to these basic points of difference. This paper compares the two languages- English and Jordanian Arabic- in terms of the morphology that characterizes them. One of the principal characteristics of Semitic morphology is its being non-linear or non-concatenative: instead of morphemes being placed linearly before the stem as prefixes and suffixes as in English, the morphemic structure of Semitic words is characterized by two or more morphemes interwoven within each other in a discontinuous fashion. One morpheme is inserted into another in certain slots of the word-stem structure. Neither the root-morpheme nor the morpheme to which it is attached (also called the template) free. They are both bound morphemes and only when a certain root and a template merge a definite word is completely specified phonologically, morphologically and semantically. In the case of third-person pronouns, English has he/she/it for singular while Jordanian Arabic has a dichotomy: objects ending with ââ¬Å"taaââ¬â¢ murbootaâ⬠take the pro noun ââ¬Å"hiyehâ⬠and rest take ââ¬Å"howaâ⬠.
Sunday, August 11, 2019
What were the significant issues of American foreign policy under Essay
What were the significant issues of American foreign policy under President Theodore Roosevelt Explain - Essay Example This policy of non-intervention continued until the end of the nineteenth century, when a call for America to pursue a more proactive role in world affairs, in keeping with her position as a great power, began to gain popularity. Its chief adherents were in the Republican Party, and consisted of Theodore Roosevelt, Admiral Alfred Mahan, John Hay and Senator Henry Cabot Lodge, who advocated Americaââ¬â¢s adoption of ââ¬Å"the large policyâ⬠committed to the expansion of U.S. influence and territory overseas (Raico, 1995). President Theodore Roosevelt may be considered the chief architect of Americaââ¬â¢s new foreign policy of active intervention in global affairs. Theodore Roosevelt was born on 27 October, 1858, in New York City. He graduated from Harvard and went on to study Law at Columbia University, dropping out in pursuit of interest in politics, and winning a seat in the New York Assembly in 1882. He subsequently served as Civil Service Commissioner, President of the New York City Police Board and Assistant Secretary of the Navy. As the commandant of the ââ¬ËRough Ridersââ¬â¢ regiment, he was a hero in the Spanish-American War. He became the Governor of New York State in 1898 and then the Vice-President under President McKinley in 1900. On McKinleyââ¬â¢s assassination in 1901, Theodore Roosevelt became the President of the United States and remained in that office until 1909. Roosevelt extended the influence and stature of the executive, introduced conservation and progressive reforms through welfare measures, government regulation of big business and his ââ¬ËSquare Dealââ¬â¢ approach to domestic economy and social justic e. Roosevelt died on 6 January, 1919. (Miller Center of Public Affairs website). President Theodore Roosevelt embarked on an aggressive foreign policy geared to make America the most influential force in global affairs. In keeping with his diplomatic motto to ââ¬Å"speak softly
Saturday, August 10, 2019
Case Study Work Based Learning Assignment Example | Topics and Well Written Essays - 3250 words
Case Study Work Based Learning - Assignment Example L'Oreal reported revenues of $19.8 billion in 2004 with more than 52,000 employees worldwide. The news of acquisition has surprised Animal protection organizations and ethical consumers worldwide. Though this deal has been endorsed by financial analysts for its financial viability there are sharp protests from ethical consumer forums. They have reacted with surprise at the news that L'Oreal will acquire The Body Shop International. There have been particular concerns over the future of The Body Shop's firm and consistent stance against animal testing and ethical consumerism. The groups issuing this statement work together in a global coalition operating those programs such as the Corporate Standard of Compassion (US) and Humane Cosmetics Standard (EU), working closely with leading cosmetics companies worldwide to end animal testing. The acquisition is over but major challenges lying ahead of L'Oreal and Body Shop of identifying the metrics to measure success, and unifying the contrasting 'people' cultures and management styles of a French corporate giant and a UK-based company whose culture - and business and operating model - is inextricably based upon a strong ethical trading stance, is matter of importance for success of merger. Though L'Oreal and Body Shop belonged to the same business domains there was a large gap between their operating business philosophies. While Body Shop has been a champion of ethical business and ethical consumerism L'Oreal's track record in this field has not been that clean. L'Oreal has accepted in past, the use of animal testing for their cosmetology and dermatology research. L'Oreal receives a worst rating from Ethical Consumer for its animal testing policy, and also has had boycott calls against it for testing its cosmetic products on animals. And while the Body Shop has always considered natural ingredients as important, L'Oreal is criticized by environmental campaigners for including harmful pollutants and worrying chemicals in its cosmetics. Another worry is its link to Nestle. In many European surveys consumers have voted Nestle as a least ethical and responsible organization because of its baby milk which it advertise to be substitute of breast milk. Business Ethics Body shop has sensitized the European customers about the business ethics. According to business philosophy of Body Shop it is opposed to testing products and various ingredients used in cosmetics on animals. Body Shop has also been a champion of business ethics and corporate responsibility to contribute for the cause of society. Following are some lines from the corporate values they are said to follow: "We consider testing products or ingredients on animals to be morally and scientifically indefensible. We support small producer communities around the world who supply us with accessories and natural ingredients. We believe that it is the responsibility of every individual to actively support those who have human rights denied to them. We believe that a business has the responsibility to protect the environment in which it operates, locally and globally." Considering above statements, L'Oreal and Nestle, which owns 26% of L'Oreal, do not have a healthy records at least for the social activists, environmentalists and for Body Shop till the date of acquisition. Anita Roddick, CEO and founder of Body Shop, has many times lashed out at the policy of Nestle of not being ethical. Following Anita's
Aristotles View on the Natural of Teleology Essay
Aristotles View on the Natural of Teleology - Essay Example In this first argument, Aristotle draws to the comparison of rainfall and existent of animal parts which seems to be the most disputed contents in Aristotelian Corpus. In his argument, Aristotle tries to develop a final causation with regard to nature. Aristotle discusses the subject of natural teleology as a result of his predecessors trying to trace the final causation. The predecessors believe that things exist the way they as a result of necessity. This necessity includes the material elements that exist on their own natures and potentials. However, according to Aristotle, his predecessors describe natural phenomena with a focus on necessity. For Aristotle, his main focus is to establish the existence of other causes other than the material necessity. Since nature is a source of change, it acts to serve something; therefore, Aristotle is on the view that teleology and necessity tend to be related (Asanuma, 2011). Regarding how Aristotle distinguishes his teleological view concerning nature and the views associated with his opponents, it is clear that Aristotle considers his view and those of his opponents to be incompatible. As such, Aristotle disagrees with the view material necessity operates in nature and does not require operations associated with teleology. On another note, these two forces associated with nature could be compatible; however, operations associated with material necessity may not be sufficient when it comes to producing positive results. The natural phenomena may not come about with the absence of a final cause, as such, explanations related to formal and final causation should not be reduced to explanations focusing on efficiency and material causation. While there is a school of thought that concur necessity and teleology seems compatible with regard to Aristotleââ¬â¢s view, this can only happen with the absence of ontological consequences (Krbalek & Vacek, 2013).à Ã
Subscribe to:
Posts (Atom)