...business excellence through quality by understanding, accepting, meeting and exceeding customer expectations. ACI follows International Standards on Quality Management System to ensure consistent quality of products and services to achieve customer satisfaction. ACI also meets all national regulatory requirements relating to its current businesses and ensures that current Good Manufacturing Practices (cGMP) as recommended by World Health Organization is followed properly. ACI has been accepted as a Founding Member of the Community of Global Growth Companies by the World Economic Forum which is the most prestigious business networking organization. |Our Mission | |ACI’s mission is to enrich the quality of life of people through responsible application of knowledge, skills and technology. ACI is | |committed to the pursuit of excellence through world-class products, innovative processes and empowered employees to provide the highest | |level of satisfaction to its customers. | |Our Vision | |To realize the mission ACI will: ...
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...This report focuses on ACI Formulation ltd. The ACI Formulation ltd is one of the most leading Companies in Bangladesh.The report with ACI Formulation ltd which stands as a famous name in verious Business.We proud to work with ACI Formulation ltd and this experience will surely help us in our future assignments as management Professional.ACI Formulation ltd will be more effective in our economy by adopting modern economic technology by extending their activities in human & social welfare.By this report,we are learning much about the Financial ratio analysis of ACI Formulation ltd and we got wonderful experience during our working period to make this report. Lastly, we thank our group members who always inspired us during the working period. 1.2 Significance of the study: The prime reason of this study is to become familiar with the realistic business world and to attain practical knowledge about the banking and corporate world. We all know that there is no alternative of practical knowledge, which is more beneficial than theoretical aspects. 1.3 Scope of the study: The report covers the topic titled “The Financial Performance/Ration Evaluation of ACI Formulation Ltd”. Therefore, the focus of this report is to analyze the financial performance of ACI formulation Ltd. In order to conduct study on this topic, the following topics fall within the scope of the study. * An overview of ACI Formulation Ltd. * Performance analysis of ACI formulation Ltd through...
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...Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society. There are four Corporate Social Responsibilities: * Economic Responsibility * Legal Responsibility * Ethical Responsibility * Discretionary responsibility Objective of the Report The objective of the term paper is to highlight the corporate social responsibilities by comparing Square group and ACI group. It will enlighten the csr activities which are done by the two groups of companies for the development of society as well as improving the quality of life. Methodology of Study: We actually went through many phases for research method. We have followed the guideline supplied by our instructor.. * Firstly, we created a conceptual framework of the topic. * Secondly, we collected data from primary sources and secondary sources. * Thirdly, we analyzed the data to fit the data in appropriate location to have meaningful and relevant information. * Fourthly, we implemented and developed by writing the information under proper heading. Scope The scope of the term paper will limit to the csr activities of the companies only. The contents of the term paper will be the best possible information available thus preserving the confidentiality of the company’s policies and procedures. Limitations ...
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...ACI Limited was established as the subsidiary of Imperial Chemical Industries (ICI) in the then East Pakistan in 1968. After independence, the company was incorporated in Bangladesh in 1973 as ICI Bangladesh Manufacturers limited as a Public Limited Company. In 1992, the company was divested to local management and the name of the company changed to Advanced Chemical Industries (ACI) Limited. ACI inherited the rich ICI culture of product quality, customer service and social responsibility. Initially in 1992, ACI started primarily with pharmaceutical business with a turnover of BDT 80 million only but later the new management brought about fundamental changes in the policies and in the year 2008 turnover grew to over BDT 7,365 million. The Company has diversified business interest in pharmaceuticals, agricultural including fishery & livestock and consumer brands. At present, ACI has three strategic business units along with 11 subsidiaries, 3 joint ventures and 1 associate. dates and milestone dates of ACI Limited Date Event 1968 Imperial Chemical Industries Pakistan Manufactures Limited (ICI Pakistan) was established in the then East Pakistan. 24 January, 1973 Incorporation of ICI Bangladesh Manufacturers Limited. 24 January, 1973 Commencement of Business. 5 May, 1992 Imperial Chemical Industries Pakistan Manufactures Limited divested 70% of its shareholding to local management. 5 May, 1992 The name of the company changed to Advanced Chemical Industries Limited...
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...standards. * Strategic and systematic approach. A critical part of the management of quality is the strategic and systematic approach to achieving an organization’s vision, mission, and goals. * Continual improvement. * Fact-based decision making. In order to know how well an organization is performing, data on performance measures are necessary. * Communications. These elements are considered so essential to TQM that many organizations define them, in some format, as a set of core values and principles on which the organization is to operate (TQM 2015). Loyalty, Quality & Control ACI's mission is to achieve business excellence through quality by understanding, accepting, meeting and exceeding customer expectations. ACI...
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...ACI Company Profile: CI Bangladesh Manufacturers Limited was a subsidiary of world renowned multinational ICI Plc and was a listed public limited company under Dhaka Stock Exchange. In 1992 ICI Plc divested its shareholding through a management buyout and the company name was changed from ICI Bangladesh Manufacturers Limited to Advanced Chemical Industries (ACI) Limited. ACI Formulations Limited, a subsidiary of ACI, became a public listed company through direct listing. ACI has diversified into four major strategic business divisions which include Health Care, Consumer Brands, Agribusinesses and Retail Chain. ACI's mission is to achieve business excellence through quality by understanding, accepting, meeting and exceeding customer expectations. ACI follows International Standards on Quality Management System to ensure consistent quality of products and services to achieve customer satisfaction. ACI also meets all national regulatory requirements relating to its current businesses and ensures that current Good Manufacturing Practices (cGMP) as recommended by World Health Organization is followed properly. ACI has been accepted as a Founding Member of the Community of Global Growth Companies by the World Economic Forum which is the most prestigious business networking organization. ACI formulates and markets a comprehensive range of more than 387 products covering all major therapeutic areas, which come in tablet, capsule, powder, liquid, cream, ointment, gel ,ophthalmic...
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...knowledge, technology and skills. ACI is committed to the pursuit of excellence through world-class products, innovative processes and empowered employees, to provide the highest level of satisfaction to our customers. Our Vision To realise the Mission, ACI will : Provide products and services of high and consistent quality, ensuring value for money to our customers. Endeavour to attain a position of leadership in each category of our businesses. Develop our employees by encouraging empowerment and rewarding innovation. Promote an environment for learning and personal growth. Attain a high level of productivity in all our operations through effective utilisation of resources and adoption of appropriate technology. Promote inclusive growth by encouraging and assisting our distributors and suppliers in improving efficiency. Ensure superior return on investment through judicious use of resources and efficient operations, utilising our core competencies. Our Values Quality Customer Focus Innovation Fairness Transparency Continuous Improvement Annual Report 2014 Page 1 ISO 9001 Quality Management System ACI in the first company in Bangladesh to have obtained ISO 9001 Certification for Quality Management System across all categories ACI Quality Policy One of our important vision is to provide products and services of high and consistent quality, ensuring value for money to our customers. To attain the Vision ACI will: Aim to achieve business...
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...Abstract ACI Limited is one of Bangladesh’s largest conglomerates that commits to enrich the quality of life of people through responsible application of knowledge, skills and technology for the last 20 years. Though typically identified as a pharmaceutical company, ACI’s FMCG sector has been gaining popularity among the people of Bangladesh with its well known products like ACI Pure Salt, Savlon etc. It is the human resource who has maximized the success of the company. Recruitment and selection practices are the key factors to the entry point of human resources which ensures the success and growth of an organization. In this study the detail chain and sequence of activities pertaining to recruitment and selection of different level of management and non-management employable candidates has identified through literature review of the documents of ACI HR and from experience of working in the HR department of ACI and personal observation of the process. This case study maybe useful to ACI to identify its loopholes and may allow it to practice good recruitment and selection process that could help the company to get suitable candidate and also helpful for researcher to do more research on recruitment and selection process. Keywords: ACI Limited, recruitment and selection, FMCG Company CHAPTER I: INTRODUCTION 1.1 Recruitment & Selection in Bangladesh Recruitment and selection process is the function of human resource management which brings the...
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... must at least implicitly consider the value of the firm’s equity “cushion” if they are to maintain a complete view of the risk associated with lending activity. One of the aims of this study involves the use of analysis and valuation in order to know about the company’s current financial situation. Another aim of this report is to point out whether the share price of the company is overpriced/underpriced/accurately priced. ACI Limited was established as the subsidiary of Imperial Chemical Industries (ICI) in the then East Pakistan in 1968. After independence, the company was incorporated in Bangladesh in 1973 as ICI Bangladesh Manufacturers limited as a Public Limited Company. In 1992, the company was divested to local management and the name of the company changed to Advanced Chemical Industries (ACI) Limited. The Company has diversified business interest in pharmaceuticals, agricultural including fishery & livestock and consumer brands. At present, ACI has three Strategic business units along with 11 Subsidiaries, 3 Joint ventures and 1 Associate. ACI is a fast growing company that has substantial contribution in the economy of Bangladesh. As it is continuing...
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...MARKETING PLAN 2004 ON ACI PURE MINERAL WATER PREPARED FOR S. ALAMGIR EXECUTIVE DIRECTOR ACI CONSUMER BRANDS PREPARED BY A. K. M. ZABED BRAND MANAGER ACI CONSUIMER BRANDS ACI CONSUMER BRANDS ACI LIMITED January 2004 Executive Summary Human history proceeds through development. This development can be visualized in every sphere of human life/civilization. Actually, technological innovation has opened up a new horizon for the mankind to use such development to improve quality of life in a better and effective manner. Bangladesh as an emerging country is not an exception to it. Virtually, for last couple of decades, Bangladesh consumer market has been changed in manifolds. Bangladesh soft drink market is not an exception to this trend. Actually, Bangladesh soft drink market is under volatile change and it is one of the fastest growing markets in Bangladesh. During 80’s the consumer of Bangladesh even never thought of having mineral water by paying almost equivalent amount of money as required to buy a carbonated soft drink. From marketing point of view, 30 years ago it was not a commodity. Today more than 45 companies are engaged in this trade with more than 100 brands. Average annual growth of cur soft drink market is more than 100%. TABLE OF CONTENTS PAGE Executive Summary...
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... Executive Director ACI Trading Limited. Submitted By: Mohammad Tawhid Reaz Internee, ACI Trading Limited. [pic] A D V A N C E D C H E M I C A L I N D U S T R I S L I M I T E D 245, Tejgaon Industries Area, Dhaka- 1208. Date: 25 June, 2006. June 24, 2006 Mr. Golam Mohammed Chowdhury Chairman Internship & Placement Office Institute of Business Administration University of Dhaka Dhaka-1000 Dear Sir: Subject: Internship Report on “To study the current market scenario and the future prospect of the leather chemical industry of Bangladesh”. It is my pleasure to present this Report on “To study the current market scenario and the future prospect of the leather chemical industry of Bangladesh” as a requirement for completing my Masters in Business Administration with concentration in Marketing. The report presents my findings and analyses on the Leather chemical industry of Bangladesh and the project I worked on for the last 10 weeks in ACI Trading Limited. I am grateful to you and my supervisors; Mr. Mustaque Ahmed, Assistant Professor, IBA and Dr. Azmal Hussain, Executive Director, ACI Trading Limited, for giving me the opportunity to carry out this report. With kind regards Sincerely yours, Mohammad Tawhid Reaz Roll 037 Batch 38 MBA Program Institute of Business Administration University of Dhaka Acknowledgement In preparing this report for ACI Trading Limited, I Have...
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...Current ratio: ACI | Ind. Avg. | 1.13 | 1.43 | Interpretation: In the year 2008 the ACI’s current asset is 1.13 times higher than its current liabilities. In 2008 the company’s current ratio is low than its Industry average. But it’s not very low. So we can say that the company doesn’t keep an excess current asset in hand. So we can say that the current liquidity position of the company is not very bad. Quick ratio: ACI | Ind.avg | .72 | .63 | Interpretation: In the year 2008 the company’s current asset excluding inventory is .72 times higher than its current liabilities. The company’s quick ratio is higher than the industry average. In 2008 the industry average is .63 times whereas ACI have a quick ratio of .72 times. So we can say that the liquidity position of the company is good. Working capital: = current asset- current liabilities =4989161667-4400784166=588377501 ACI had a working capital of $588377501 in 2008. Evaluation: Looking at the above ratios we are certain the company had enough liquid asset to cover up its short term liabilities in 2008, however it is also visible that the company was holding up lot of liquid asset such as cash rather than investing it. Asset management Ratio: Inventory turnover: ACI | Ind . avg. | 2.18 | 3.67 | Interpretation: In the year 2009 the company had sold out and restocked its inventory 2.18 times. ACI’s inventory turnover ratio is lower than the industry average. This indicates that ACI had lacking...
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...Avicular Controls, ACI, should win this deal to expand its market in Asia. Based on the data provided by International Air Transport Association’s (IATA), the report indicated that passenger and cargo traffic would double in Asia by the year of 2010. The increase in the demand of air transportation is an opportunity for Avicular Controls to expand the market in Asia. Not only would the deal benefit ACI from lifting its prestige, but also generating the long term revenue of maintenance. In addition to Avicular, Rockwell Collins and Honeywell had capacity to compete with Avicular. Rockwell Collins had experience dealing with the Pakistani government on several military contracts, and considered the most competitive player to ACI. If ACI could defeat Rockwell Collins and Honeywell to win the deal with PAI, ACI would show its different role in global aerospace industry than Rockwell Collins. Based on the conversation between Gabriel and Peter, Gabriel thought the acceptance of rupee is an opportunity that changes the way of using dollars as base currency; however, he didn’t consider the Pakistani economy which would lose the profit of the deal. Although Pakistan alleged that the domestic currency is control by the local government, the historical event doesn’t’ support the allegation. Pakistan’s deteriorating trade gap in 1996 had caused a significant drop in foreign currency reserves. The trade gap not only hurt the Pakistani economy but also made IMF activate austerity program...
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...The Dream behind Shwapno Standing motionless, raising head to the open sky, staring aimlessly, having tears rolled inside the heart, expecting for customers, who will approach followed by purchasing the product, but returning home selling his merchandise at below the production cost most often leaving those merchandise unsold at the end of the day due to lack of buyer, a farmer from a typical Bazar in Bangladesh passes his everyday for his livelihood. There are millions of farmers scattered across Bangladesh have this sort of gruesome and untold experience in their life leading them to take different such unproductive occupation as pulling rickshaw, thus dragging our agro based economy to down and making us more dependent on imported food. Ironically, most of us do not know that silent cry is going in the families of those hapless farmers. Most farmers spend their day in suspicion thinking whether they can sell their products at fair price as well as sell those all, even if they have bumper production in their field. Hardly do they get fair price and sell those altogether, ironically. What a great humiliation for farmers, who work all day long under scorching sun devoting his happiness and meet the daily vegetable and grain needs of urban people. Likewise, fisherman and meat producer encounter this type of fate in their life. Most of the farmers, fisherman and meat producer of our country are the victim of typical interest business “Dadan”, which exploit them instead of benefiting...
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... Subject: Term paper on Financial Ratios Analysis of ACI Ltd. Dear Sir, We would like to thank you for giving me the opportunity of doing this assignment on this subject to prepare term paper . This task has been given us the opportunity to explore one of the most important aspect of ACI Ltd which is known as “Financial Ratios Analysis of ACI Ltd”. The term paper contains a comprehensive study on financial aspects of ACI Ltd. It was an immense pleasure for us to have the opportunity to work on the above-mentioned subject. We have delivered our best to come out with a good one. Please feel free to contact any of us if you have any queries. Would you please kindly accept our report and oblige thereby. Thank you. Sincerely, 1. Jenis papya 2. 3. ,4. Declaration of Student This is to notify that this report “Financial Ratios Analysis of ACI Ltd” has been prepared as a part of our project formalities. It is an obligatory part for our MBA Program to submit report. Moreover, we were inspired and instructed by you as supervisor of Managerial Finance. ………............. Executive summery In this competitive market of Bangladesh to sustain and being profitable is necessary. To do so, a company must focus on its well management of financial assets and keep satisfying its stockholders to. ACI Limited was established in 1992. ACI Agribusiness is the largest integrator in Agriculture sector of Bangladesh, ACI Agribusiness deals with Crop Protection, Seed, Fertilizer...
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