...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...
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...Business Policy and Staregy Henry Sy and John Gokongwei ( case study 3) Leader : Sheila Cerezo Assistant: Cyrel Jing Abaga Members: Monica Cabatin Stephen John Ramirez Belita Garcia Diana Rose Manangan Ma. Geneva Mapanao Karen Lamsen MarylleUngos We are aware that Robinsons and SM are popular shopping centers in the Philippines. These two companies are always compared, the founder of these are also compared. That is why we want to study about Henry Sy and John Go (kongwei was added to the suffix of his name which means “bright”). It’s because many business minded people and business related course of students like accountancy want to know what are the differences and similarities between the two business tycoons. We are interested of what kind of management they had and came up with this far. Many people question: what are the characteristics they had that made their success right now. One of the reasons why we want to study this article is to be able for us to determine among the two who is more successful. We also want to come up with their negative sides, to know their strength and weaknesses. And most of all, having this study will help us to get inspiration from Henry Sy and John Gokongwei to be applied in our future career as an Accountancy students today and CPA tomorrow. (1.) What makes some companies market leaders where others fail? 1. Henry Sy and John Gokongwei say: Focus, Be industrious and Determination...
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...How Stress Management Affects the Work and Relationship of Less-Fortunate Families The word “stress” is derived from the Latin strictus and the Old French etrace. In the past, the word has been used to designate both a stimulus (a force or pressure that causes distress) and a response to that stimulus (adversity, affliction). Currently, it is used to describe a situation wherein a person suffers an adversity that still persists even after mustering up all the necessary resrouces, threatening their well-being (Auerbach, 1998). Despite this, the so called “eustress” (or “good” or “pleasant” stress), a word coined by Hans Selye during the 1950’s is described as the state wherein a person incorporates the feelings of stress in his work, using the stress as a driving force to ultimately complete a task that is initially daunting. Stressors are the sources or causes of stress. These include physical, emotional, intellectual, social, economic and spiritual factors (Girdano, et al., 1997). Stress Management is the ability to reduce stress arousal or to cope competently with stressors. The paper aims to identify the different stessors within the household and explain, in depth, how these factors affect the family dynamics. By the end of the research, the proponents aim to provide several coping methods appropriate for the types of stress families are experiencing. We have identified verious stressors of parents and children among less-fortunate families. Stressors of parents include...
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...RETAIL PLAN ROBINSONS MAGNOLIA A Final Paper Presented to the Marketing Department De La Salle University In partial fulfillment Of the course requirements .in MARKRET. Del Carmen, Michelle Felizardo, Miguel Moynihan, Danny Tan, Miya Yatco, Jethro August 28, 2013 A. Assessment of the Mall Retail Audit by Classification *See Appendix A Target Market Description This mall caters to a demographic of young professionals with an age ranging from 23-30 both male and female genders either single or newlyweds in the B and C socioeconomic classes. they are the dominant demographic that the mall caters to this is reinforced by the abundance of the available condominiums within the area making the mall and the area around it a mixed use development. this ensures the inevitability of the residents of these condos, which will most likely be yuppies due to the “condo living” nature of these residences, will definitely buy from nowhere else but robinsons magnolia since it is just simply convenient to do so. Although the mall is situated in an area with quite a number of educational establishments such as LSGH and it gets a lot of visits from students that are in the area it is really still the yuppies that bring in the most business since they are the ones that have the most purchasing power. any revenue produced from the students is usually either on impulse such as an after final exam binge or the fact that it is really just the nearest place to make a purchase so the mall also leverages...
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...In 1963, Robina Farms started operations, beginning with poultry products. This was also the beginning of the vertical integration of the Gokongwei businesses, as the farms would be able to purchase feeds from UCP in the future. Later that decade, Robichem Laboratories would be put up, to cater to the veterinary needs of the farms businesses. Robina Farms expanded as it entered the hogs business in the latter part of the 70s. 1966 saw the establishment of Universal Robina Corporation, which pioneered the salty snacks industry through Chiz Curls, Chippy, and Potato Chips, under the “Jack ‘n Jill” brand. Other snack products would follow over the years, as the company successfully introduced market leaders like Pretzels, Piattos, and Maxx. The coming decades saw more acquisitions and expansion. In the early 1970s, the family entered the commodities business through the formation of Continental Milling Corporation, for flour milling and production. The late 1980s brought the acquisition of three sugar mills and refineries, under URC Sugar. These two businesses provided stable cash flows, and allowed for further vertical integration in the supply chain, to help URC weather any volatility in the cyclical commodities markets. In line with this strategy, the late 1990s saw the entry of URC into the plastics business, through URC Packaging. While the businesses became more diversified, the companies were slowly integrated in order to streamline and minimize costs. In 2005, the...
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...Oriental Petroleum and Minerals Corp. (OPMC). since 2002. Mr. Go has been the Chairman of the Board and Chief Executive Officer of Universal Robina Corp.(also known as URC)- Parent of Nissin-URC; URC Philippines Ltd., Universal Robina (Cayman), Ltd., URC International Co. Ltd. and Robinsons Land Corporation since January 1, 2002. Mr. Go serves as Chairman and Chief Executive Officer of JG Summit Petrochemical Corporation, Manila Midtown Hotels and Land Corporation, Litton Mills, Inc., RLC, CFC Corporation, Universal Robina Sugar Milling Corporation, Southern Negros Development Corporation and Robinsons, Inc. Mr. Go has been Chairman and Chief Executive Officer of JG Summit Holdings Inc. since January 1, 2002. Mr. Go serves as President of Gokongwei Brothers Foundation, Inc. He joined URC in 1964. Mr. Go served as the Chief Executive Officer and President of Digital Telecommunications Phils Inc. from May 28, 2007 to October 26, 2011. He was responsible for the formulation of strategy and policy as well as the setting of the financial and business goals of the Group. Mr. Go served as the President and Chief Operating Officer of JG Summit Holdings, Inc. He also serves as Chairman of Textile Mills Association of the Philippines. He...
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...1. Culture is organic and supra-organic: It is organic when we consider the fact that there is no culture without human society. It is supra organic, because it is far beyond any individual lifetime. Individuals come and go, but culture remains and persists Calhoun (op cit). 2. Culture is overt and covert: It is generally divided into material and non-material cultures. Material culture consists of any tangible human made objects such as tools, automobiles, buildings, etc. Non- material culture consists of any non-physical aspects like language, belief, ideas, knowledge, attitude, values, etc. 3. Culture is explicit and implicit: It is explicit when we consider those actions which can be explained and described easily by those who perform them. It is implicit when we consider those things we do, but are unable to explain them, yet we believe them to be so. 4. Culture is ideal and manifest (actual): Ideal culture involves the way people ought to behave or what they ought to do. Manifest culture involves what people actually do. 5. Culture is stable and yet changing: Culture is stable when we consider what people hold valuable and are handing over to the next generation in order to maintain their norms and values. However, when culture comes into contact with other cultures, it can change. However, culture changes not only because of direct or indirect contact between cultures, but also through innovation and...
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...References Tacio, H. D. (December 12, 2010). From ducks, come balut, salted eggs. Sun.Star Davao Newspaper [News Bulletin]. http://www.sunstar.com.ph/davao/business/ducks-come-balut-salted-eggs Arboleda, G. (July 13, 2010). Food Service Industry in the Philippines. Manila Reviews [News Bulletin]. http://manilareviews.com/2010/07/food-service-industry-philippines.html Magat, M. C.(2003). Western Folklore: Fertilized Duck Eggs and their Role in Filipino Culture. California. California Folklore Society. Mocon-Ciriaco, C. (October 22, 2012). More Filipino women now drink alcoholic beverages-church poll. BusinessMirror [News Bulletin]. http://businessmirror.com.ph/index.php/news/top-news/948-more-filipino-women-now-drink-alcoholic-beverages-church-poll EntrePinoys Atbp. (2010). Starting a Business in Balut Making. http://www.mixph.com/2010/07/starting-a-business-in-balut-making.html Espina, D.D. (2006). Balut! Balut!. One Philippines (Uniting Filipinos Worldwide). [On-line Serial]. http://www.onephil.com/arc_28_9.htm Morales, I. (2008). Balut turns gourmet. Inquirer.net [Web log comment]. http://blogs.inquirer.net/beingfilipino/food/ National Statistics Office (2012). 2010 CPH Special Release_NCR.[On-line Serial]. https://docs.google.com/viewer?a=v&q=cache:6IkNDFSTXCQJ:nso-ncr.ph/special%2520release/2010%2520CPH%2520Special%2520Release_NCR.pdf+&hl=en&gl=ph&pid=bl&srcid=ADGEESi_PvGzQ2fOlfkhCEbHaT89t9rBkkWKLM5buI467OoNPqT7kEInwB0pl4RWrteSWn5x8ONMBRdMscipqY5...
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...Construct a frequency distribution table for the following: 1. Thirty-six customers were categorized according to civil status. The data set is |Single |Single |Married |Married |Single | |Single |18 |18 |0.5 |50 | |Married |13 |13 |0.36 |36.1 | |Widow |5 |5 |0.14 |13.9 | |TOTAL |36 |36 |1 |100 | 2. Samples of forty-two (42) college students are considered for study and were categorized according to year level. The date set is |Freshman |Freshman |Freshman |Sophomore |Junior | |Freshman |15 |15 |0.36 |35.7 | |Sophomore |12 |12 |0.29 |28.6 | |Junior |9...
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...college was in the deep country. She had to learn to make friends quick so she can get a ride to the nearest town for supplies. Lia enjoyed her school and quickly became involved in activities. The band was Lia’s ticket away from school. She really love travelling to other schools and performing with the band. A guy name John was a drummer with the band. John had a few ladies that really liked him, but he only had eyes for Lia. They both went out on dates and began to get serious. After about 8 months of dating, Lia became pregnant. They both told their parents the news and they were furious. Their parents didn’t agree on the idea of having a child so soon. This began to stress Lia and John about the pregnancy. Now, with the band having performances and practices, her school work and other activities and stress, Lia had a miscarriage. This really hurt Lia and John. Lia took away from her activities for about 3 weeks to recover and gather her thoughts. Shortly afterwards, Lia and John moved on from the situation, but Lia notice John’s emotional behavior has changed. John still loved her and they dated but he wasn’t excelling like Lia was in school and her activities. John really admired the hip hop songs and lifestyle that was being portrayed in the videos. John’s family would send him money every week for school but that wasn’t enough to satisfy him. He started doing money schemes and taking out loans where...
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...Capital or liquid cash required is 80,000 dollars. It also requires a net worth of 300,000 dollars. Capacity, they give you a, 7 weeks for general managers; 3 weeks for assistant managers, training. Character, Passion for the brand, family person, not a criminal, and hard working well intended. I would put my franchise in 2630 Interstate 20 footage road Canton, Tx. This location would be the best for my franchise because it's in a highly concurred zone, it's by a outlet mall which will bing a lot of customers everts day. The real-estate cost for this location would be between 70 and 150 thousand dollars Jimmy Johns is appealing to everyone but mostly to people between 18 and 40 particularly because JJ's started in a college town. There is a huge demand for my product in that area because there is no restaurant like it around it. The other closest Jimmy Johns is at least 6 miles way so there is not many competition My franchise serves fresh products which is really appealing to people and also my products are healthier then other restaurants. John's Gourmet Sandwiches is the name of the brand or franchise and the logo is the one showed right here. This franchise satisfies the need of food and it also it satisfies the want of good, healthy food. And their sandwiches cost an average of 5 dollars. The prices are set by the company so there aren't many things that can change the price, It can have promotional items or special offers but also most of the...
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...The so-called long Age of Enlightenment in Europe, stretching from the mid-17th century into the 1830s, engendered new political, economic and social ideals and generated knowledge across the arts and sciences. But part of its impetus was outside of Europe. Dorinda Outram likens the European Enlightenment to" a world drama of cross-cultural contact" that "triggered anxieties" for Europeans about the nature of being civilized (Outram, 2004). To the 17th century English philosopher John Locke, an early archetype of an enlightened thinker, the discovery of the New World of America "enlarged the sphere of contemplation" about "civilized man" and his "savage ancestors" (Locke, 1690). There was more to discover. The scientific journeys of exploration around the Pacific in the 18th century by James Cook, another archetypal figure of the Enlightenment, were significant in creating the imagination and knowledge of the age. Although the Enlightenment was a European phenomenon, its scope became global as the scholars of Europe attempted to classify and order the peoples, plants and animals of other worlds as well as map their landscapes. Maori scholar Linda Tuhiwai Smith succinctly sums up the process: "They came, they saw, they named, they claimed" (Tuhiwai Smith, 2001, p. 80). 'Discovery' was the watchword of the Enlightenment (Porter, 2000), realised only by a few Europeans but imagined by many others and evident in the fashion for paintings of drawing room explorations with globes ahd...
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...answer to the Study Questions for the case listed in the syllabus 3 Please type your written assignment and use Times Roman or Calibri 12-point type. Leave top, bottom, and side margins of one inch. Use single line spacing. The first line should include the student’s name. Include a section for references where you list all sources of ideas and information you used to write your assignment. Format your references according to the APA Style (http://www.apastyle.org). Upload a copy to Blackboard and use the SafeAssign plagiarism prevention service. Whole Foods - What are the sustainability initiatives of Whole Foods? How do you evaluate the mission, vision, and values of Whole Foods in relation to the company’s practices? Were CEO John Mackey’s Internet postings inappropriate or...
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...John Kerry John Kerry is running for president to make America stronger at home and more respected in the world. He has a plan to restore the values that have always made America a leader in the world. He has a plan to create good-paying jobs at home - jobs that let American families get ahead in an America where the middle class is growing, not being squeezed. He has a plan to make health care a right for all Americans. He has a plan to make this nation independent from Middle East oil. And he has a plan to modernize and strengthen America's military and lead a new era of alliances - so young Americans are never put in harm's way because we insisted on going it alone. John Kerry is running for president to answer the call to service - just as he has answered that call all his life. He was born on December 11, 1943 at Fitzsimons Army Hospital in Colorado. His father, Richard, volunteered in the Army Air Corps during World War II. His mother, Rosemary, was a lifelong community activist. As he was about to graduate from Yale, John Kerry volunteered to serve in Vietnam. His leadership, courage, and sacrifice earned him a Silver Star, a Bronze Star with Combat V, and three Purple Hearts. In Vietnam, John Kerry saw the lives of his fellow soldiers put at risk because some leaders in Washington were making bad decisions. When he returned home, he became a spokesman for Vietnam Veterans Against the War (VVAW) and later co-founded Vietnam Veterans of America. John Kerry then went...
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...John Heartfield: John Heartfield was born on the 19th of June, 1891, and died on the 26th April 1968.He remains the best known and revered as a result of his single-minded devotion to anti-Nazi Political activism. He was working in Germany between the two world wars, and developed an innovative method of appropriating and reusing photographs to powerful political effect. Heartfield pioneered photomontage and used the technique of cutting up and combining photographic images to strong political effect. His most famous works were powerful satirical attacks on Hitler and the Nazi’s. Heartfield combined radical art of the avant-garde artistic movement of Berlin Dada with revolutionary politics. At a time of uncertainty, Heartfield’s agitated images forecasted and reflected the chaos Germany experienced in the 1920’s and 1930’s, as it slipped towards social and political catastrophe. Photomontage allowed Heartfield to create loaded and politically contentious images. To compose his works, he chose recognisable press photographs of politicians or events from the mainstream illustrated press. He them dissembled and rearranged these images to radically alter their meaning. Whereas other Dada exponents of montages produced art, for Heartfield his output has the appearance of newspaper photographs. For Heartfield, the definition of photomontage was wider than most peoples, and he insisted it should include a single photo with caption, since text and image interacted with each...
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