...Case Background Henry Sy and John Gokongwei were both born very poor. This situation, one may conclude, served as a blessing for the two most celebrated entrepreneurs in the Philippines on their journey to wealth. Shoeless and with only clothes on his back, Henry Sy started his entrepreneurial career by tending at his father’s sari-sari store in Cebu. But Henry dreamed of something big for his future. He dreamed of having his own business to provide him enough money. In 1945, he put up a small shoe store in Carriedo, Quiapo. From then on, that humble shoe store became Shoemart (commonly known as “SM”). Since there was a constant pouring of capital back into this venture, he then expanded into textiles and household goods and was then opening outlets to selected parts of the country, centering at the Metropolis. On the other hand, John Go (“kongwei” meaning “bright” was suffixed later to his name later) started his road to success by hawking wares in Cebu. This led to his dream of building his own retailing kingdom. He first started by trading and manufacturing corn starch in 1955 and has soon expanded into supplying groceries and animal foodstuffs in bulk. Later, he ventured also in textiles, banking and real estate, hotels and shopping complex developments. The abrupt expansion of the enterprises of the two business tycoons marked the start of a period of transition for the business empire built over the past three decades by...
Words: 7070 - Pages: 29
...developed nations often oppose imports from low-wage countries and advocate trade barriers to protect jobs from what they often characterize as “unfair” import competition. Is such competition “unfair”? Do you think that this argument is in the best interests of (a) the unions, (b) the people they represent, and/or (c) the country as a whole? QUESTION 4: What are the potential costs of adopting a free trade regime? Do you think governments should do anything to reduce these costs? What? QUESTION 5: The world’s poorest countries are at a competitive disadvantage in every sector of their economies. They have little to export. They have no capital; their land is of poor quality; they often have too many people given available work opportunities; and they are poorly educated. Free trade cannot possibly be in the interests of such nations! Discuss. Chapter 3: Sources of Comparative Advantage Critical Questions: QUESTION 1: In a world of zero transportation costs, no trade barriers, and nontrivial differences between nations with regard to factor conditions, firms must expand internationally if they are to survive. Discuss. QUESTION 2: A transnational strategy is responsive to pressures to have both a low cost and locally customized product offering.What do you see as the main organizational problems that are likely to be associated with implementation of a transnational strategy? QUESTION 3: What is the relationship between corruption in a country...
Words: 1621 - Pages: 7
...The advantage of Reproductive Health Bill in the Philippines is that hopes to provide midwives for skilled attendance to childbirth and emergency obstetric care, even in geographically isolated and depressed areas. Thus, the one of the causes of maternal mortality, that arising from unattended births, will be addressed. The disadvantage of the Reproductive Health Bill in the Philippines is the undue focus being given to reproductive health and population and development, when many more urgent and important health problems need to be addressed in the country, those that cause a significant number of deaths across the country such as cardiovascular diseases and infections. Financial resources allotted by foreign donors to assist the Philippine government programs could actually be better spent towards pursuing health programs targeting communicable diseases than purchasing artificial contraceptives. OPINION As an avid blogger, I was originally doing a research on the education system of the Philippines when I stumbled upon the news of the Reproductive Health bill still under debate, which eventually led me to a blog, AlterNation 101 in blogspot, where I read his take on the issue: "I cannot fathom how promoting parental responsibility and financing everyone's freedom to have sex irresponsibly could mix together. Surely, the proposed law spreads around nice words such as responsibility, healthcare, freedom, choice, development, rights, equality, couples, etc. Yet it is...
Words: 1675 - Pages: 7
...Philippine Laws Affecting Market By: Carla P. Yglopaz Mark Anthony S. Catahina Claudine M. Pascual Ryan-John L. Rivero Melissa Joy R. Suarez 14 June 2014 TABLE OF CONTENTS Laws Affecting Marketers Marketing Law ………………………………………………………………….. 5 Republic Act No. 8424: The National Internal Revenue Code of 1997 .................... 5 Republic Act No. 8293: Intellectual Property Code of the Philippines …………… 6 Batas Pambansa Bilang 68: Corporation Code of The Philippines …………. . 6 Republic Act No. 8799: Securities Regulation Code of the Philippines …………… 7 Republic Act 8792: Electronic Commerce Act of 2000 …………………………... 8 Legal Recognition of Electronic Writing or Document and Data Messages Data Messages ………………………………………………………….. 9 Electronic Documents ………………………………………………….. 9 Electronic Signatures …………………………………………………. 10 Agreement on Acknowledgment of Receipt of Electronic Data Messages or Electronic Documents …………………………………………………. 11 Republic Act No. 9501: Magna Carta for Micro, Small and Medium Enterprises 12 Republic Act 9178: Barangay Micro Business Enterprises (BMBEs) Act of 2002 14 Republic Act 7042: Foreign Investment Act of 1991 ……………...................... 14 Laws Affecting Consumers Basic Consumer Rights Right to Basic Need …………………………………………………. 15 Right to Safety …………………………………………………. 15 Right to Information …………………………………………………. 16 Right to Choose …………………………………………………. 17 Right to Representation …………………………………………...
Words: 7217 - Pages: 29
...University of the Philippines – Manila Padre Faura Street, Ermita, Philippines Management 201: Theory and Practice of Management Business Plan Proposal Submitted by Eduard Joseff C. Alcantara 2006-38055 Submitted to Professor Noly Torres October 23, 2012 Introduction In our modern society, more and more people are becoming“health buffs”than ever before. From students, to young professionals, to those in late adulthood or the elderly, people are now more conscious with what they eat and put a premium or preference on food products that do not only taste good, but must at the same time, provide nutritional value or content. I would like to tap and take advantage of this opportunity that rests in this very potent and growing market. I would like to target a specific niche wherein the demand for the product I would be creating encompasses a wide range of demographics. For this business venture to succeed, my goal is to differentiate my products from others in a way that it would provide a value proposition whose intent is not only to satisfy an individual's taste palate, but also to provide high nutritional content. I want to position this product as a healthy snack alternative. Business Overview Value Proposition I would want to put up a specialty bakeshop which creates tasty, freshly-baked products – specifically cookies and cupcakes – that are healthy and have high nutritional value by incorporating green and leafy vegetables in it. Instead on just...
Words: 4205 - Pages: 17
...1. Will you buy a house and lot today or pay in installment of simply rent? Use time value of money. Should I Buy a Home or Just Keep Renting? Kristin Wong Should I Buy a Home or Just Keep Renting? Dear Two Cents, I’m out of debt, and I’m now saving for a down payment on a home. It’s always been my dream to be a homeowner. But lately, I read a lot of arguments against it in favor of renting. How do I know if it’s a good idea for me? Should I buy or keep renting? Sincerely, Hopeful Homeowner Dear HH, For a long time, conventional wisdom seemed to be that you grow up and buy a home because that’s just what you do. But lately, people are realizing that it isn’t always the smartest financial move. Obviously, the housing crisis has a lot to do with that—it’s made people question the standard assumption that homeownership equals financial stability. Five Things I Wish I Had Known Before I Bought a House Homeownership isn’t a good or bad idea on its own. It has everything to do with your own situation. Sometimes, buying a home is the smart thing to do; other times, it really isn’t. Whether or not it’s smart for you will depend on a few different factors. Here’s what you should keep in mind. Don’t Think of a Home as Your Main Investment Should I Buy a Home or Just Keep Renting? The biggest argument for owning a home is that it’s an “investment.” But a lot of people overestimate the return on this investment. People tend to believe that homes are appreciating assets,...
Words: 7739 - Pages: 31
...its roots back in the 1970s. Mohammed Yunus has shaped this industry more than any other Microfinance pioneer. While working at the Chittagong University, Dr. Yunus has lent some money to poor women in the village of Jobra in Bangladesh, as an experiment. He was convinced that: “[…] the poor are like Bonsai trees. When you plant the best seed of the tallest tree in a six-inch deep flower pot, you get a perfect replica of the tallest tree, but it is only inches tall. There is nothing wrong with the seed you planted; only the soil-base you provided was inadequate. Poor people are bonsai people. There is nothing wrong with their seeds. Only society never gave them a base to grow on”. (Yunus, M., 2007) Inspired by this experiment he developed “a...
Words: 2702 - Pages: 11
...Jollibee Foods Corp.: International Expansion Executive Summary Jollibee was a company originally established by the Tan family in 1975 as a family-owned ice cream parlor in the Philippines, but was soon forced to change its market caused by the oil crisis of 1977 - a factor which would have inherently caused the price of ice cream to double. Already established in the food industry and having overcome the initial barriers faced by those entering it, the Tan family successfully diversified the company to selling sandwiches. From that point, Jollibee began expanding their success by launching a total of five stores by 1978, founding what we see today as Jollibee Foods Corp. 1. How was Jollibee able to build its dominant position in fast food in the Philippines? What are the sources of competitive advantage was it able to develop against McDonalds in its home market? There were several contributing factors in Jollibee’s rise to a dominant position in the Philippines fast food market. Because they were already doing business in the food industry, the entry barrier was low in making the shift to fast food. Additionally, the recipe was developed locally using culturally desirable ingredients destined to satisfy the taste buds of the patronage. The brand was quickly developed using the “Five F’s” that were Jollibee’s business philosophy: Flavorful Food, Fun, Flexibility, and Families. Jollibee’s ability to offer all of these benefits at an affordable price led the company...
Words: 2748 - Pages: 11
...INSTRUCTIONS Thank you for your interest in the Aboitiz Future Leaders Business Summit! Please read the next pages carefully and familiarize yourself with the About the Aboitiz Future Leaders Business Summit The Aboitiz Future Leaders Business Summit (AFLBS) is an annual Philippines to learn about business and leadership. It is Aboitiz’s way of affirming and inspiring a continued belief in the unique and outstanding capabilities of the Filipino among today’s youth. outlook towards the country and poses a challenge to the Filipino youth to step out of their collegiate mindset, look into the future, and aspire to be one of the country’s future leaders in whatever field they plan to pursue, business or otherwise. The Summit features plenary discussions, games, and teambuilding exercises, simulating real work and business situations. Program Objectives The Summit aims to prepare each student delegate to enter the corporate world, to help them realize their future role in nation-building, and to inspire young Filipinos to develop renewed faith and hope in our to strive for excellence in all things. It also gives them an opportunity to network and form ties with CEOs, executives, team leaders and team members of the Aboitiz Group of Companies, as well as fellow young leaders. Program Eligibility To apply for the AFLBS, the applicant must: ...
Words: 1386 - Pages: 6
...Republic of the Philippines Cavite State University Don Severino De las Alas Campus Indang, Cavite COLLEGE OF ENGINEERING AND INFORMATION TECHNOLOGY DEPARTMENT OF INFORMATION TECHNOLOGY In Partial Fulfillment of ITEC 55: Systems Analysis and Design (SAD) Baby Dolphin’s Social Learning Network for the Elementary Department of Philippine Christian University Dasmarinas Campus Submitted to: Edilberto O. Solis Jr. Instructor Submitted by: Bansale, Joseph B. Mendoza, Jennina L. Vega Blessed Joy A. Date submitted: September 30, 2013 I. Introduction Background of the Study Learning Management System (LMS) is responsible for “learning” activities. Online learning tasks can be performed at any time or place provided they have Internet access. Online learning environments thus differ significantly from traditional learning environments, where teachers and students must meet regularly at a specific place and time. Online learners become more free, flexible and convenient in time and location of learning. The Philippine Christian University (PCU) elementary school had truly gone a long way it had when it first opened in 1971. Today, it boasts of considerable increase in number of pupils and teachers, as well, thus fulfilling the dreams of the founders of the institution. Indeed, it is a legend turned into reality! Elementary Department indeed is pride and big assets of Philippine Christian University as a whole. Just like any other school...
Words: 4498 - Pages: 18
...CHAPTER I INTRODUCTION AND BACKGROUND OF THE STUDY INTRODUCTION Leaderships is the capacity and will to rally men and women to a common purpose and the character which inspires confidence - Bernard Montgomery- The widespread fascination with leadership may be because it is such mysterious process, as well as one that touches everyone’s life. The term leaderships mean different things to different people. It is a word taken from the common vocabulary and incorporated into the technical vocabulary of a scientific discipline without being précised redefined. As a consequence, it carries extraneous connotations the create ambiguity of meaning (Janda, 1960). Further confusion is cause by the use of other imprecise term such as power, authority, management administration, control and supervision to describe the same phenomena. Bennis (1959, p.259) surveyed the leadership literature and concluded: Always, it seems, the concept of leaderships eludes us or turns up in another forms to taunt us again with its slipperiness and complexity. So we have invented and endless proliferation of terms to deal with it...and still the concept is not sufficient defined. Researchers usually define leaderships according to their individual perspective and the aspect of the phenomena of the most interest of them. After a comprehensive review of the leadership literature, Stogdill (1974, p.259) concluded that “there are almost as many definition of leaderships as there are persons who have attempted...
Words: 6496 - Pages: 26
...The effects of APEC To ensure the safety of the economic leaders and delegates in Manila, tight security was enforced. This included road closures and rerouting schemes of major thoroughfares — such as EDSA and Roxas Boulevard — that resulted in traffic disruptions in The APEC lane along EDSA extension in Pasay City. the metro. Most motorists and commuters complained of the traffic schemes adjustments, which forced them to walk to their destination. Several airlines canceled their flights to make way for the arrival and departures of the APEC participants. Philippine Airlines said it lost an estimated P870 million, while Cebu Pacific lost around P400 million. A number of people also took to the streets and staged protests, denouncing the APEC and the leaders of its 21 member economies. Quiz: Can you recognize these world leaders? Was the summit a success? The Philippines reportedly allotted P10 billion to stage the week-long APEC activities. Ambassador Marciano Paynor Jr., director general of the APEC National Organizing Council, said the expenses in hosting the event was an investment. He added that the traffic and inconvenience the summit caused is "a little sacrifice compared to the benefits that we will gain out of our membership from APEC." Related: APEC gains not quantified, says economists But former Budget Secretary Benjamin Diokno said the P10 billion the government spent was too much. He said that it could have been cheaper if the APEC leaders' meeting was held outside...
Words: 16052 - Pages: 65
...Jollibee Foods Corp.: International Expansion Executive Summary Jollibee was a company originally established by the Tan family in 1975 as a family-owned ice cream parlor in the Philippines, but was soon forced to change its market caused by the oil crisis of 1977 - a factor which would have inherently caused the price of ice cream to double. Already established in the food industry and having overcome the initial barriers faced by those entering it, the Tan family successfully diversified the company to selling sandwiches. From that point, Jollibee began expanding their success by launching a total of five stores by 1978, founding what we see today as Jollibee Foods Corp. 1. How was Jollibee able to build its dominant position in fast food in the Philippines? What are the sources of competitive advantage was it able to develop against McDonalds in its home market? There were several contributing factors in Jollibee’s rise to a dominant position in the Philippines fast food market. Because they were already doing business in the food industry, the entry barrier was low in making the shift to fast food. Additionally, the recipe was developed locally using culturally desirable ingredients destined to satisfy the taste buds of the patronage. The brand was quickly developed using the “Five F’s” that were Jollibee’s business philosophy: Flavorful Food, Fun, Flexibility, and Families. Jollibee’s ability to offer all of these benefits at an affordable price led the company...
Words: 2891 - Pages: 12
...Enhancing Access and Control to Sustainable Livelihood Assets of the Manobo Tribe through Improved and Strengthened Selfgovernance of the Ancestral Territory – Effectiveness Review Full Technical Report Photo credit: PBPF Oxfam GB Women’s Empowerment Outcome Indicator June, 2012 Table of Contents Executive Summary...................................................................................................................... 1 1.0 Introduction and Purpose ....................................................................................................... 2 2.0 Intervention Logic of the Enhancing Access and Control to Sustainable Livelihood Assets Project ......................................................................................................................................... 3 3.0 Impact Assessment Design...................................................................................................... 5 3.1 Limitations in Pursuing the ‘Gold Standard’ ................................................................................. 5 3.2 Alternative Evaluation Design Pursued......................................................................................... 5 3.3 Intervention and Comparison Villages Surveyed .......................................................................... 7 4.0 Methods of Data Collection and Analysis ................................................................................ 8 4.1 Data Collection...
Words: 13369 - Pages: 54
...INTRODUCTION WELCOME TO THIS CASE STUDY PROGRAMME! The Jollibee case study should be appealing to many candidates given the familiar nature of the product. Although very little is known about the brand, given the recent ‘silent’ entry into the Singapore market without much fanfare, we all know should be familiar with how the fast food industry operates. The case certainly has all the “ingredients” of a strategic management case study although at the first reading of the case, with a clear focus on international expansion strategies. The good news is that we are given very clear information regarding the strategic directions of the company. We will discuss this later in another section. The case deals with that aspect of strategic management known as services. It also has information on market analysis, competition and positioning. The problem I feel with the case study is that there are no immediate problems to resolve, in that Jollibee seems to have been performing well and their international expansion strategies seem to be on track to grow the business further. This I feel is the crux of the whole case study. To this end, the Jollibee case study needs to be addressed from only ONE perspective - SUSTAINABILITY in the light of increasing competition and changing market demographics. Areas of focus in the case It is imperative that when we approach this case, we MUST adopt a strategic perspective and NOT be concerned about the operational issues. Fortunately, the case seems to...
Words: 8224 - Pages: 33