...Carlos Slim Swimming Against the Tide Carlos Slim Helú was born on January 28, 1940. He is a Mexicanbusiness magnateandphilanthropist who is currently ranked as therichest person in the worldin 2012. Slim has beenranked the richest person in the world since 2010. His extensive holdings in a considerablenumber of Mexican companies through hisconglomerate,Grupo Carso,SA de CV, haveamassed interests in the fields of communications, technology, retailing, and finance. Presentlyhe is the chairman and chief executive of telecommunications companiesTelmexandAméricaMóvil. Carlos Slim was born inMexico City,Mexico in 1940 toMaroniteChristian parents Julián SlimHaddad and Linda Helú, both of Lebanesedescent. His father, born as Khalil Slim Haddad,immigrated to Mexico at the age of 14 in 1902 and changed his first name to Julián. As it wasnot uncommon for Lebanese children to be sent abroad before they reached the age of 15 toavoid being conscripted into theOttomanarmy, four of Haddad's older brothers were alreadyliving in Mexico at the time of his arrival.Carlos Slim's mother, Linda Helú, was born in Parral,Chihuahua,of Lebanese parents who hadimmigrated to Mexico in the late 19th century. Her parents upon immigrating to Mexico hadfounded one of the first Arabic language magazines for theLebanese-Mexicancommunity, usinga printing press they had brought with them. In 1911, Julián established adry goodsstore, La Estrella del Oriente (The Star of the Orient). By1921, he had purchased...
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...profits and priorities don’t have to be mutually exclusive and the Balzac’s belief may indeed be reinforced yet disproven. To illustrate a profit-oriented approach to business and support Balzac’s point, there is no one better to focus upon than the world’s richest man, Mr. Carlos Slim Helu. Slim, as he is called by many, is indeed the epitome of an earnings focused entrepreneur. Dissimilarly, the entrepreneur of choice to almost completely contrast this business approach would be the late Paul Newman, a man whose humanitarian zeal is beyond admirable. Slim’s beginnings derive from a moderate Lebanese-Mexican family. As a young person, his father Julian taught him valuable economic principles. Julian required Slim to record all his childhood purchases and expenses on notebooks. Slim presently still retains some of them on one of his office’s shelves (Mehta, 2007). He retains those lessons to this very day and has passed them forward to his children. The basic ideal of saving, developing his own niche, finding business bargains and then act accordingly comprise the foundation of Slim’s knowledge base. These principles have, in turn, lead to a ruthless business approach and an unprecedented level of professional success, the likes of which are without equal in modern society. The business interests of Mr. Slim Helu are vast and wide. They expand far beyond that of his native Mexico and pervade all of South America. The Telegraph, the online version of one of the United...
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...Carlos Slim Helu In 1902, Julián Slim Haddad, father of Carlos Slim Helú, arrived to Mexico from Lebanon. He was escaping from the Ottoman Empire, which at the time conscripted young men into its army. One of the markers of Carlos Slim Helu’s success has been his ability to buy and sell at the correct times. His investments in the downturn of the 1980s were the foundation of his wealth, and throughout the 1990s he continued to sell businesses which were successful then use the return to invest in others which were up and coming. Carlos Slim was born on january 28, 1940. He completes his professional studies in civil engineering at the UNAM. By 1965 Carlos Slim aquired companies like inmobiliaria Carso, casa de bolsa inversora Bursátil, embotelladora Jarritos del sur, and some others. Carso was incorporated in January 1966. Carso comes from the first syllable of the names Carlos and Soumaya, Mr. Slim's wife. The Mexican economic crash of 1982 was what delivered the opportunity to consolidate his wealth. In 1990, Grupo Carso and other Mexican investors acquired 10.4% of the companys stock, in partnership with SBC - 5% with an option for an additional 5% - and France Telecom 5%. Since 1990, Telmex has embraced a work culture where training, modernization, quality and customer service is a priority. Ten principles of grupo Carso. 1. Have always simple organizational structures, minimal hierarchical levels; provide human and in-house development of the executives; maintain...
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...Name: Lucy Adamyan Subject: Business English Group: 5 Course: 4 IBS-M, RANEPA Essay If you had Carlos Slim money, what kind of business would you buy and what kind of lifestyle would you lead? Carlos Slim is a Mexican billionaire and the world’s richest or second-richest man, with a fortune estimated to be in excess of $67bn. Aged 11, he began his commercial activity from investing in government saving bonds. Then he became a shareholder of Banco Nacional de Mexico, set up own investing company as a stockbroker participating is fire sale of assets during crisis which resulted in owning wide range of retail outlets and manufacturing businesses. He has recently seized control of telecommunication companies operating in all Latin America. Carlos Slim’s experience as a successful investor provides us with an example of overall business strategy that usually works out: investing in distressed assets during global recession that will recover fast during next phases of economic cycle. Therefore, if I had Mr. Slims money, I would partially follow his investing strategy. The most long-lasting financial and economic crisis in recent history has not passed yet, and that’s why taking advantage of global recession with perspectives for the future is the best strategy of employing capital. But there is one thing that I would change: the spheres and regions of investing. Being the richest person in Russia, I would invest only in Russian assets. The first part of capital...
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...2109 Virginia Slims: Capitalizing on the Essence of Women in a New Era of Equality Taking into consideration the versatility of a woman’s individuality, their need to gain their independence and feel empowered, and equating their struggles and triumphs during a new era of equality, the Phillip Morris Company launched one of the most successful cigarette campaigns in history geared towards the feminist movement that spanned over a 30 year period. This ingenious campaign not managed to interpret feminism into something to sell, but it paved the way for inverted feminine ideology while female consumer simultaneously became enslaved by the very tobacco company that sought to empower them. As the proportion of female smokers soared to 33%, tobacco companies began to see them as means to increase sales. One such company was the Phillip Morris Company. Riding high on a successful campaign strategy that catapulted Marlboro sales to the top, the company sought out the very advertising agency that had engineered that campaign, the Leo Burnett Agency, to conceptualize and market its women’s specific cigarette. The agency drew its inspiration based on the name Virginia (a previous acquisition of Phillip Morris known as Virginia Rounds), and the rising trend of smokers noted moving toward a longer cigarette it had in its arsenal, Silva Thins. Provided with the name, Virginia Slims, Burnett began to work his magic. The most unique part of the process had to be the means in which it was...
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...Greenbay Packers bar in the state of Indiana. It is known for its competitive prices on food and beer; also, for its famous and iconic “Slim Jim.” The Corner Bar is a very interesting place because its demographic slightly changes based on the time you enter the door; from the older gentlemen talking Reitz and Mater Dei football in the morning, to the after work crowd of construction workers, and finally to the after dinner crowd of college students. The Corner Bar and Grill does not have a known date of establishment as it has gone through multiple purchases over the years. The previous owner licensed it initially in 1998 and sold it to the current owner, Kevin Talley, in 2005. It is a unique place in the fact that it does not serve liquor, it only serves beer and wine. When asked why, the short answer is that The Corner is supposed to be a relaxed area for friends to meet and watch sports and they don’t want the headache that comes with serving liquor. They are know for their iconic “Slim Jim” which is a 32oz beer mug used to serve beer fresh from the tap. Their grill is one of the few open for breakfast, lunch and diner giving the place a steady flow of hungry and thirsty customers. The “Four P’s” of the marketing strategy are Product, Price, Promotion, and Place. These are used to produce a cohesive marketing program in any size business and are implemented at The Corner Bar. Another method I used to investigate and analyze The Corner Bar was through a SWOT Analysis. This...
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...Contemporary Business Law Initial facts of the Cipollone case: Family sues Liggett in 1983, alleging liability for Rose Cipollone’s death, in violation of several New Jersey consumer protection statutes. After Mr. and Mrs Cipollone’s death, their son and executor of the family estate claimed Liggett was guilty of failing to warn consumers about the hazards of smoking, fraudulently misrepresenting the hazards of smoking, and conspiracy to deprive the public of medical and scientific information about smoking. Liggett (the defendants), contends that the New Jersey statutes are preempted by 2 federal laws; the Federal Cigarette Labeling and Advertising Act of 1965 and the Public Health Cigarette Smoking Act of 1969. Procedural history of the case: On August 1, 1983, Mr. and Mrs. Cipollone file a lawsuit against Ligget group (L&M, Chesterfield, Philip Morris, Lorillard, Virginia Slims, and Parliament), in the district courts of New Jersey, seeking suffering and monetary damages resulting from the lung cancer Mrs. Rose Cipollone's acquired, consequential to smoking cigarettes manufactured by the defendants (Ligget). After Mrs. Cipollone’s death in 1984, Mr. Cipollone became the executor of her estate and sole plaintiff in 1985. Mr. Cipollone died in 1990. His son Thomas then substituted in the role of executor of estate and plaintiff against Liggett for Mrs. Cipollone. (Tobacco Documents Online, 2014). Preemption, according to our textbook, The Legal Environment of Business: A Managerial...
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...so basically, i was an average height, over weight, ugly, orphan. the total package of a horrendous life.i lived with mr and mrs parson, wealthy business owners, who believed that teenagers should be given the opportunity to raise themselves...wrong!!!! of course i needed kisses and hugs from parents, i could never have granted myself parental love and it sickened me just thinking about it. mrs parson hated that i ate alot, she called me greedy at least one million times a month....without exaggeration that is. she said that fifteen year olds should be slim and trim, pretty and neat, everything i was not!!! at school, the kids jeered and called me names, some of them even went as far as hitting me. i felt defenseless when they did so , because reporting the situation to teachers, only made them seek more revenge for me. so i just took my pain in silence. keeping the air around me , forever filled with hatred and the desire for revenge!!! an orphan, sounds like im parent less, also comes with a topping of no love, no friends, and suicidal thoughts, im anna coleton james and im an orphan......kill me? i thought about putting the latter phrase on a billboard next to the hollywood sign , or maybe replace the hollywood sign with this. mrs parson, after hearing my thoughts of suicide, just told me that i was not to take my life away....wow, really helps , well no shid sherlock, i knew that, im well aware that if i kill myself i shall go straight to hell as they say. oh well......maybe...
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...main actor Nick Carraway moved to New York's west egg to start in the bound business. He started renting a small house next to a huge mansion owned by mysterious man named Jay Gatsby. Mr.Gatsby throws the biggest parties every weekend and nobody is invited they just show up. One day Mr.Gatsby sent one...
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...Sign InRegisterAccount SettingsNewsletter SettingsSign Out Bloomberg.comBusinessweek.comBloomberg TV Professional ProductsBloomberg AnywhereBloomberg TradebookIndustry ProductsBloomberg BriefsBloomberg GovernmentBloomberg LawBloomberg BNABloomberg New Energy FinanceBloomberg SportsEnterprise ProductsCompliance SolutionsData SolutionsTechnology SolutionsTrading Solutions Premium Bloomberg Businessweek Businessweek Global Economics Europe's Carmakers Want to Shrink. Unions Stand in the WayUnion resistance to job cuts has saddled manufacturers with costs Global Economics The Hot New Target for B-School Applicants: GermanyConclave to Elect Pope Starts on TuesdaySkype's Been Hijacked in China, and Microsoft Is O.K. With ItFor Chávez's Successor, Venezuela's Economy Looms LargeRecent Pride and Concrete: Romania's Migrant WorkersThe U.S. Jobs Engine Was Strong Heading Into SequestrationDid They All Retire?Coke, Unilever, Colgate-Palmolive Seize India's Biggest Marketing OpportunityFederal Reserve's Stress Testing Shows Politics, Not MathSections ChinaCurrent Events CalendarU.S. EconomyIndiaEnergyHousingEuropeGlobal EconomicsJobsBlog: EconochatCompanies & Industries Facebook vs. Twitter: Want Your Feed Filtered or Unfiltered?Twitter's unfiltered method can be overwhelming; Facebook's is secretive and invasive but helps with the oceans of content Companies & Industries Britain's Wonga: Payday Lender and Proud of ItAutomakers Cashing in on High-End ModelsThe Economic Benefits...
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...Table A of the Fourth Schedule to the Companies Act 1965 except that proxy shall not be a quorum. Ahya Karim, a newly appointed company secretary, has received a memo issued by the chairman of the company reminding him to carry out board resolutions passed in previous Board meetings. The board meetings were held twice to: a. accept the retirement of Mr. Salmi Roslan as a director. b. authorize advance payment of RM50 000 to director Dato’ Kumar Rajan for official trip to South Korea. c. appoint of Dato Lim Goh Teng as a director to fill in casual vacancy to replace Mr Salmi Roslan. d. propose the retirement by rotation of Tan Sri Ooi Slim Tin and Dato’ Danial Sani Abdullah who agree to be re-elected. e. approve intention of Hafiz Faizal, a shareholder, to remove Mr Saju Kumar and replace him with Miss Rajen Kumaran. f. authorize company secretary to issue share certificate for allotment of 3,000 shares each to Zamani and Salami. g. approve reduction capital of RM0.20 for every existing ordinary share of RM1 each. h. approve the selling of company’s used trucks for RM 55,000 to Mr Bakri Hassan, son of the company’s chairman. i. authorize director to issue new share under Section 132D, Companies Acts 1965. j. approve the Audited Accounts for the year ended 30 June 2009 and the Reports of Auditors thereon. k. approve Directors’ Report and Chairman Statement for 2009 Annual Report. l. accept disclosure of interest by...
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...that I contact Mr. Mark Vision, who witnessed our client Mary Jane’s accident, and determine where Mr. Vision was in association with the accident, the approximate speed of the other vehicle, the weather conditions and any other information that would be useful in either shifting liability or alleging contributory negligence on the part of plaintiff/driver. Analysis of the Interview I contacted Mr. Mark Vision on March 4, 2002. He is an African American male, very tall with a slim build. He wore business casual clothes and he seemed a little nervous, but he was very respectful and well mannered. He was very forthcoming with all of the questions he was asked in the interview. He seemed very truthful and reliable and answered every question with a matter-of- fact attitude. He remembered the entire accident very vividly. He would make a favorable witness for our case, because he feels that Ms. Jane is not guilty. Mr. Vision advised me that he was on the way to work at his part-time job Saturday March 18, 2002. The reason he did not give a statement at the time of the accident, was because he is the Manager and had to be at the company early to let the other workers in and didn’t want to keep them waiting. But Mr. Vision did give the Police his contact information. It was raining that morning, so the roads were wet and slippery. Mr. Vision was driving in his Toyota truck about two car lengths behind Mr. Weston on Benson Street right before the accident. Mr. Vision was...
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...Macedonian Tribune Business Build by Helping March 3, 2011 People who own businesses have to be resourceful to be successful. Some turn to helping non-profits to raise awareness of their products... ...Big Skinny, on the other hand, went at it in a BIG way, erecting a 21 foot by 10 foot wallet right in Harvard Square, Cambridge, MA. Guinness World Records quickly crowned it the World's Largest Wallet. Several not-for-profits benefitted from this unique fund-raising vehicle to remind holiday shoppers to help the poor and others in need. Day after day, representatives of these groups told about their worthy causes and collected donations. Each group had its own pocket in the giant wallet. "Our hope is that the big crimson wallet urges folks to open their wallets to help address the needs of the underserved community," says Alexandrov, who also arranged for the Big Skinny website to stream live videos from historic Harvard Square of all those who participated. Those groups served include the Jose Mateo Dance Theatre, Salvation Army, Pediatric Aids Treatment Solutions, Harvard Square Homeless Shelter, Old Cambridge Baptist Church, Solutions at Work, Earthen Vessels, Molecular Frontiers, Cycle Kids, Cambridge Arts Council and Medulla Thyroid Cancer Research at John Hopkins. The Big Skinny Wallet, conceived by Alexandrov, solves the top five wallet problems. It is made of ultra-thin nylon micro-fiber and its unique design results in a 50 percent reduction in size. www...
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...2007-08 [pic] INTRODUCTION Videocon Industries was founded in 1987 by Mr. Nandlal Madhavlal Dhoot. At that time they only used to manufacture TV and Washing Machines. Then after in 1989-90, they started manufacturing Home Entertainment Systems, Electric Motors & AC. Videocon entered Refrigerators and coolers segment in 1991. In 1995, Videocon started manufacturing Glass shells for CRT and in 1996 it ventured into Kitchen appliances and crude oil segment. In 1998, Videocon started manufacturing Compressors & Compressor Motors. They introduce Colour TV Videocon took over Philips Plant. In 2005, Videocon took over 3 plants of Electrolux India and acquired Thomson CPT. Today, it has evolved into a giant conglomerate with annual revenues of over U$4.1 billion. They have diversified their business in different segments. Now along with Consumer Durables they are also engaged in Oil & Gus, Telecom and Power Sectors. DIRECTOR’S REPORT 1. The Net sales of the company registered an increase of 17.72% over the previous financial year. It increased from Rs. 82,854.24 Million as on September 30, 2007 to Rs. 97,536.Million. Profit after tax amounted to Rs. 8,542.95 Million as against Rs. 8,552.19 for the previous year. This was a difference of Rs. 9.42 Million. 2. Operations of the company in various sectors: A.Consumer Electronics and Home Appliances: The Company consolidated its position in the Business of Consumer Electronics and Home Appliances. During the year, inspite of...
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...Task 01 KFC SRI LANKA [pic] KFC has a long tradition of great food, a warm culture and some of the best hospitality among catering teams the world over. IT’S A FACT – Each year KFC serves over 1.7 million people in Sri Lanka 1.1 COMPANY PROFILE a) Company- KFC Sri Lanka b) History - KFC, Sri Lanka was launched in 1995 and since then opened 18 outlets island wide. Cargills has successfully infused an International brand with Sri Lankan tastes by developing a host of new dishes to suit local palates - like the Buriyani and Kotthu - along with the signature KFC meals. c) Products- Burgers Fried chicken Wraps French fries Soft drinks Salads Desserts Breakfast Specialties- Lunch Dinner Coffee Drinks d) Services- 08 Services e) Services names – Takes Reservations Walk-Ins Welcome Good For Groups Good For Kids Take Out Delivery Catering Outdoor Seating 1.2 Marketing Environmental frame work The marketing firm operates within a complex & dynamic external environment. It is the task of the marketing-oriented organization to link the resources of the organization to the requirements of customers. This is done within the framework of opportunities & threats in the external environment. ...
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