...INTERNSHIP REPORT ON HR PRACTICES IN RENATA LIMITED HR PRACTICES IN RENATA LIMITED 23/05/2012 BRAC University PREPARED FOR, Ms. KOHINUR AKTER SENIOR LECTURER, BRAC BUSINESS SCHOOL COURSE ID: BUS-400 PREPARED BY, NAZMUS SAKIB STUDENT ID: 07304004 BRAC BUSINESS SCHOOL BRAC UNIVERSITY Letter of Transmittal May 23, 2012 Kohinur Akter Senior Lecturer BRAC Business School BRAC University Subject: Submission of Internship Report Dear Ms. Kohinur Akter, With due respect and immense pleasure I am submitting my internship report on “HR Practices in Renata Limited” that you have assigned me as an essential requirement of Internship program. It is really an enormous prospect for me to gather together vast information and grasp the subject matter in an appropriate way. I have found the study is quite attention-grabbing, beneficial & insightful. I tried my level best to prepare an effective & creditable report. The report will provide clear concept about the overall functions of “HR Practices in Renata Limited”, I welcome your entire query & criticism on the report is beneficial for me as it will give me the opportunity to learn more and enrich my knowledge. I hope you will consider the mistakes that may take place in the report in the spite of my best effort Yours Sincerely ______________________ Nazmus Sakib I Acknowledgement Preparation of this Report, I would like to acknowledge the encouragement, guidance and assistance given from a number of responsible...
Words: 12656 - Pages: 51
...Executive Summary In the performance of a risk-based audit, adequate planning is of paramount importance as it allows to direct the audit effort towards the areas expected to be most at risk of material misstatement. Additionally, adequate planning helps identify and resolve problems on a timely basis and allows the auditor to organize the engagement, including selecting suitably experienced team members to deal with specific risks, so that it can be performed in an effective and efficient manner. ISA 300 in particular requires setting out an overall audit strategy and a detailed audit plan. The overall audit strategy should indicate the scope of the work, the resources to be allocated to specific high-risk areas in terms of experienced staff or hours and the timing of the work. A more detailed audit plan follows on from the approach identified in the audit strategy and indicates the audit procedures to be performed in respect of specific items in the financial statements and their timing. The audit strategy and the audit plan are not necessarily separate documents or processes as they are strictly interrelated. For example the results of initial risk assessment procedures, like the entity’s business risk assessment or the assessment of internal control, will inform the planning for further audit procedures and, vice versa, the outcome of detailed audit procedures may be so different from what expected at the time of planning to require a modification of the audit strategy and...
Words: 5723 - Pages: 23
...INTRODUCTION: Objectives of the Report: 1. To know the current financial performance of the two companies. 2. To know the future prospect of the companies. 3. To compare the financial position of the two companies. Scope of the report: 1. Studying the pros and cons of the financial statements of a company, it is possible to predict the probable future growth of a company Methodology: Data were collected from Annual Reports of Square Pharmaceuticals Ltd. and Renata Pharmaceuticals Ltd. from the year 2003 to 2008. Three types of financial tools were used to analyze the data which are: 1. Horizontal Analysis 2. Vertical Analysis and 3. Ratio Analysis. LITERATURE REVIEW: Financial Analysis: The art of transforming data from financial statements into information that is useful for informed decision making is financial analysis. Financial analysis involves the use of various financial statements. These statements do several things. First the balance sheet summarizes the assets, liabilities and owners’ equity of a business at a moment in time usually the end of a year or a quarter. Next the income statement summarizes the revenue and expenses of the firm over a particular period of time, again usually a year or a quarter. Need for Comparative Analysis: Every item reported in a financial statement has significance. We know a company had a certain amount of cash on the balance sheet but we do not know whether the amount represents an increase over prior year...
Words: 1445 - Pages: 6
...Ren Activities he leading ph ady. With all tablets, capsu f' last year is g l n Renata Lim naquine 10%, harmaceutical the modern ules, syrups, given in Char mited , Biomin pond companies o facilities Ren ointments, cr rt 1. dlife of our country nata manufact reams and inj y which succe tures medicin jections. Sale essfully passe nes in differen es contributio ed nt on 1.9 F In ter Count 2010 Finan Sourc Tabl (Tak Parti No. Tota Tota Net Prof Net p Bonu Sourc 4 HR Financial P rms of turno try. Among t was $5,823,3 ncial performa ce: Official e 1: Corpor ka .000) iculars of Shares al Assets al Liabilities sales [Gross P fit Before Tax profit After T us/Right ce: Internet R Practices in Performan ver Renata r he pharmaceu 362. Renata h ance of last fe rate Operati Profit] x Tax n Renata Lim nce ranks 27th am uticals compa as a growth o ew years is sh ional Result 2010 1,807,480 2,063,325 1,851,205 2,684,956 1,129,603 851,428 mited mong the list any it ranks n of more than 2 hown in chart ts 2009 1,445,98 1,643,10 1,409,72 2,088,28 823,020 603,524 20% ted company no 11th. Turno 20% over last 2. 2008 4 1,156,787 7 1,506,07 7 1,313,393 6 1,578,652 609,920 433,146 - of stock ex over of the co t couple of ye 7 1 3 2 xchange of th ompany durin ears. he ng 5 HR Practices in Renata Limited 1.10 Industry Overview Pharmaceutical Industry of Bangladesh To ensure peoples...
Words: 10757 - Pages: 44
...Annual Report 2009 Aspire Lead Grow Directors’ Report TO THE MEMBERS The Directors of the Company are pleased to present their Report together with the Audited Accounts of the Company for the year ended December 31, 2009. DIRECTORS The Directors retiring by rotation under Articles 109, 115 and 116 of the Articles of Association of the Company are Mr. S. H. Kabir and Dr. Sarwar Ali who, being eligible, offer themselves for re-election. BUSINESS ACTIVITIES Turnover during 2009 was Taka 3,900.7 million registering a growth of 26.2% over last year’s turnover of Taka 3,089.7 million. Profit after tax was Taka 603.5 million – a growth of 39.3%. Earnings per Share (EPS) stood at Taka 417.38 against Taka 299.55 of 2008. CONTRIBUTION TO NATIONAL EXCHEQUER AUDITORS During the year under review your Company paid Taka. 862.10 million to the National Exchequer in the form of Corporate Income Tax, Import Duties and Value Added Tax (VAT). DIVIDEND Renata continues to have a very aggressive investment strategy. During 2009 investments made for upgrading the General Facility at Mirpur, and the Cephalosporin and Penicillin Facilities at Rajendrapur amounted to Taka 642.57 million. The entire amount was financed through internal cash generation. Investments of this magnitude are to be expected every year for the foreseeable future. Hence the Directors deem it necessary to retain adequate funds for financing capital expenditures. The Board of Directors is pleased...
Words: 19985 - Pages: 80
...Introduction: According to a working document of International Trade Center (UNCTAD/WTO), Bangladesh market size for pharmaceuticals and natural products was US$ 517 million and the total herbal medicine was about US$ 50 million in 2004. Local companies satisfied 95% of domestic demand with a 10% contribution from multinational companies. The number of companies was subdivided into pharmaceutical units (232), ayurvedic, homeopathic, biochemic units (308), and herbal and unani-related units (295). The pharmaceutical sector was the second largest sector (after agriculture) in terms of national revenue. Employment in the sector was about 75,000. The value of export for essential drugs was US$ 3.1 million and natural ingredients US$ 48 thousand. It exported drugs to over 50 countries in the world, but mainly to Bhutan, Singapore and Yemen. The export market is on a rise each year. On the other hand, Bangladesh imported essential drugs worth of US$ 21.6 million and natural ingredients of US$ 19 million. Types of products imported included 700 different types of finished products and over 742 basic raw materials. 85% of raw materials are imported from West European countries, USA, Pakistan, Japan, Korea, Singapore, China and India. Importance of the study: Now-a-days, Pharmaceuticals Company is one of the largest industries in the world contributing 13.29% of global GDP. The study helps us gain hands on knowledge in the Pharmaceuticals sector in Bangladesh. The study has...
Words: 7010 - Pages: 29
...Performance analysis of working capital management of “pharmaceuticals industry” 1. 1. Performance Analysis of Working Capital Management of “Pharmaceuticals Industry” Page 1 of 166 2. 2. A Term Paper on Performance Analysis of Working Capital Management of “Pharmaceuticals Industry” Submitted To: Khairul Alom Course Teacher School of Business Studies Southeast University Submitted By: Name Md. Fayshal Hossan Miazy ID No 2009110000038 Mubashir Hossain 2009010000050 (21st) Md. Ahadul Islam 2009110000049 Md. Robiul Islam 2009110000066 Md. Shaheen 2009110000069 BBA.22nd. Batch. Major: Finance-A Southeast University Date of Submission: 27 August, 2012 Page 2 of 166 3. 3. Acknowledgement At first, we thank to almighty Allah who made us capable to prepare this proposal. Secondly would like to thank my honorable advisor Khairul Alom and course teacher of Southeast University, School of Business for providing proper guidance and help to complete the term paper. We are also grateful to the DSE library that’s helped me to collect the information. At last we want to thank my group members for their co- operation and making this possible to submit this term paper on time. Page 3 of 166 4. 4. Dedication Dedicate to our respected “Parents” And Our honorable course teacher “Khairul Alom” Page 4 of 166 5. 5. Letter of Transmittal 27 August, 2012 To, Khairul Alom Course Teacher School Of Business Studies Southeast University Subject: Submission of term paper on Performance...
Words: 17631 - Pages: 71
...Pharmaceutical Sector of Bangladesh The pharmaceutical industry in Bangladesh is one of the most developed technology sectors within Bangladesh. Manufacturers produce insulin, hormones, and cancer drugs. This sector provides 97% of the total medicinal requirement of the local market. The industry also exports medicines to global markets, including Europe. Pharmaceutical companies are expanding their business with the aim to expand the export market. History Right after liberation war three fourth of the pharmaceutical industries was dominated by multinational companies. The National Drug Policy (NDP) in 1982 and 2005 has major impact in the development and growth of the Bangladesh pharmaceutical industry. Key points of National Drug Policy of 1982 To provide administrative and legislative support for ensuring quality of essential drugs which are relevant to the national health need. To reduce the price of medicine by ensuring the lowest competitive price. To eliminate non-essential medicine from the market To promote production of local drug and raw materials. To develop proper drug monitoring and information system to prevent wasteful misuse and to ensure the proper utilization of the drugs. To ensure GMP and qualified pharmacist in manufacturing companies. Drug Regulatory Authorities in Bangladesh • The Directorate General of Drug Administration (DGDA) • The Pharmacy Council of Bangladesh (PCB) Local Market Overview The Bangladesh...
Words: 998 - Pages: 4
...| Business | Business Culture and Strategy Report | | Business | Business Culture and Strategy Report | HND 2 bUSINESS 15 May 2015 Authored by: Renata Król HND 2 Business INTRODUCTION This report has been prepared to meet requirements of Business and Culture Strategy Unit, F7J7 35. The aim of the report is to present consolidated knowledge regarding business strategy and influence of business culture on strategy within organization which operates in very dynamic and fast changing environment of global business world. The application of theories and analyses has been based on case study provided by lecturer, namely “Alphabet Games” software and games development company, based in Scotland and formed in 2001. The report has been developed in following areas: * Analyses and findings of how PEST forces impact on AG change and SWOT analyse to illustrate relationship of AG with external environment. * Importance of organisational culture and its impact on managerial approach, organisational culture and behaviour and overall business strategy of AD. * Analyse of the process, impact and benefits of use different business strategies by AD. * Analyse ,role, and impact of management for process of business change and methods of implementing the change, including technics of overcoming potential resistance The analyses and findings of above sections should clearly explain the difference...
Words: 481 - Pages: 2
...Abstract Businesses today face heightened expectations around their role in society and the world, with turning a profit only one of many criteria by which performance is measured. Rising in importance is the impact a company has on its stakeholders, society, and even the planet. Integrated reporting, which encompasses elements of traditional financial reporting, sustainability reporting, and governance reporting within a single presentation, represents a growing trend that reflects these new expectations. The core concept underlying the term “integrated reporting” is providing one report that fully integrates a company’s financial and non-financial (including environmental, social, governance and intangibles) information. Integrated reporting offers the opportunity to centre business reporting on strategy and value creation, to demonstrate how the business uses capital and the extent to which they should continue to be invested in business. Integrated reporting is a journey. Organizations are unlikely to achieve perfection in the first year. In the absence of a generally accepted framework, companies that wish to move toward integrated reporting may encounter several dilemmas around relevance, scope, assurance and other issues. However, as reporting processes for the production of the supporting information are designed and improved and as the executive team begins to benefit from a more informed implementation of the governing structures’ decision, reporting will improve...
Words: 14827 - Pages: 60
...|PERSONAL INFORMATION |Renata Hlupić | | | |[pic] |4, Zelena Magistrala, Zagreb, 10000, Croatia | | |[pic] 098/9371-953 | | | hlupic.renata@gmail.com | | |Sex Female | Date of birth 25/07/1983 | Nationality Croatian | |JOB APPLIED FOR |REPLACE WITH PREFERRED JOB / JOB APPLIED FOR / STUDIES APPLIED FOR / POSITION (DELETE NON RELEVANT HEADINGS IN | |POSITION |LEFT COLUMN) | |PREFERRED JOB | | |STUDIES APPLIED FOR | ...
Words: 669 - Pages: 3
...John Palfrey, a former executive director of Harvard's Berkman Center for Internet & Society once stated, “Television did not transform education. Neither will the internet. But it will be another tool for teachers to use in their effort to reach students in the classroom. It will also be a means by which students learn outside the classroom” (pg. # if available – if not just put the period inside the quotations and delete all of this). Social media is so popularized today that it is finding its way into the classroom. It is available 24/7 on a variety of different devices and has the potential to aid in academic success, but it also holds a lot of setbacks (Alwagait, Shahzad, and Alim 1092). When there is a lack of balance between social media and real life, many problems can arise. Some of the problems include lack of time management, poor academic standing, and lack of self-control. In many instances one or more of these problems overlap. * Make the font type the same throughout paper- may just be showing up different on my computer for some reason Time management is paramount to a successful college experience; therefore, poor time management can in turn affect academic performance. Factors that account for poor time management are known as time traps. Today, one of the biggest time traps is technology (Bal Bal- is this person’s last name Bal Bal or should it be Bal and Bal? 134). In the 21st century, social media and the use of technology have skyrocketed in popularity...
Words: 861 - Pages: 4
...601 Course - TERM PAPER Financial Statement Analysis & Valuation AMBEE PharmaceuticalsLtd. ENTERPRISE VALUATION & ANALYSIS OF BUSINESS AMBEE Pharmaceuticals Limited T able of Contents Chapter - 01 Chapter - 02 Chapter - 03 Chapter - 04 Chapter - 05 About the Company Strategy Analysis Valuation Conclusion Annexure ………………………… ………………………… ………………………… ………………………… 01 03 11 21 A M B E E P H A R M A : V A L U A T I O N 1 Chapter About the Company The company’s operation & historical performances were moderate and they were not leading the market from their inception A MBEE PHARMACEUTICALS LTD., was established in 1976 in Bangladesh. This public limited company was registered under the companies Act, 1913 and was incorporated in Bangladesh on 4th February 1976. Ambee has a joint venture with a famous multinational company Medimpex of Hungary. Ambee started its operation with modest 17 joint ventured products and is now running in full swing with 76 products. They have Tablets, Capsules, Liquids, and Gel in tubes and Injectables. Its operational area covers all over Bangladesh with a large number of field forces who strive hard to establish the demand of products of the company in every corner of the country. The company maintains four outside Depots located at Khulna, Bogra, Chittagong and Sylhet besides its National Distribution Cell in Dhaka. When Ambee Pharmaceutical Ltd.(APL) was launched back in Feb’ 1976, Ambee had only 30 field forces...
Words: 5420 - Pages: 22
...INFORMATION PAPER Staff Group Alpha 11 Feb 13 SUBJECT: Improvised Explosive Devices (IEDs) and Mines 1. Purpose: To provide information on Improvised Explosive Devices (IED’s) and Antipersonnel Mines; as well as impacts and preventive actions for Ground Troops in Combat. 2. Improvised Explosive Devices (IED) and Antipersonnel Mine Facts. a. IED’s are “homemade” bombs and/or destructive devices used to destroy, incapacitate, harass, or distract. An antipersonnel IED that is victim-activated—one that explodes on contact by a person—is considered an antipersonnel mine. b. IEDs come in many shapes and forms and can consist of almost any material, including agricultural and medical equipment. IEDs consist of a variety of components that include an initiator, switch, main charge, power source, and a container. IEDs may be surrounded by or packed with additional materials or “enhancements” such as nails, glass, or metal frag¬ments designed to increase the amount of shrapnel propelled by the explosion. Enhancements may also include other elements such as hazardous materials. An IED can be initiated by a variety of methods depending on the intended target.i c. IEDs can be carried or delivered in a vehicle; car¬ried, placed, or thrown by a person; delivered in a package; or concealed on the roadside.i There are three main types of IED’s/Mines.iii These include: 1. Package Improvised Explosive Device: Typically IEDs consisting...
Words: 876 - Pages: 4
...The Goals of the Educational Excellence for All Children Act Renata I. Gaddis SOC312: Child Family & Society Kara O’Brien June 11, 2012 America has been considered to several other societies as the “golden land” or “the cornerstone in which success and achievement is built. However, this has not always been the case. America has not always placed such a huge emphasis on educational equality for all children. The political climate shifted its attention to educational change from the late 1950s to the early 1970s (Berns, 2013). This change brought about different strategies by our lawmakers, to ensure that the very best education was offered to all children—no matter their race, demographics, income, or social status. The lawmakers showed us this by introducing the passage of legislation that provided federal money for new educational programs. Due to the novelty of it all, several programs were developed. When one didn’t seem to meet all requirements, another one was developed to better the previous one. Like any other journey, this one was met with several challenges along the way. Although programs were being designed for the schools and community, many felt that even with the additional assistance the schools still weren’t functioning at its full capabilities. Thus, this caused these same lawmakers to develop six national educational goals that would ensure that all of America’s...
Words: 1245 - Pages: 5
