Saturday, January 25, 2020
Foreign Policies For The Malaysian Systems
Foreign Policies For The Malaysian Systems Malaysias foreign policy is premised on establishing close and friendly relations with countries in the community of nations. Tun Razak had embarked on a series of dazzling initiatives in foreign policy largely to move Malaysia from its pro-western, anti communist stance, which had been adopted since independence under the tunkus leadership. This is achieved through upholding the countrys sovereignty and promoting universal peace; fostering friendly relations with foreign countries and protecting Malaysias interests in the regional and international arena. In other words, Malaysia will continue to consolidate its relations with other countries and international organisations, both at the regional and international level. Tunku razak felt this was necessitated by its national security needs, which required Malaysia to live in peaceful co existence with all countries, communist or non communist. In 1971, the year he took over as Prime Minister, he had to face the problem of britains wi thdrawal of its armed forces in Malaysia. Even earlier Britain had given similar commitments to Malaya since 1957 and both Sarawak and Sabah, its former colonies, until they joined Malaysia in 1963. In the superpower race, Britain was no longer capable of maintaining itself as aglobal power due to the dismantling of its colonial empire, and a slow-down in its economy. Although Britain indicated it might participate in a five power commonwealth defence force, it would not provide anything like its former number of troops. In line with our objectives of promoting and protecting Malaysian national interest abroad, the Ministry has established a total of 105 missions in 83 countries and appointed 53 Honorary Consuls who provide support and assistance in promoting Malaysias interest abroad. Since the independence of Malaya in 1957, the nations foreign policy has gone through several phases of significant transition with different emphases under five previous premierships. The policy has been largely determined by the established national characteristics and succession of political leadership as well as by the dynamic regional and international environment. A period of consolidation ensued under Tun Hussein Onn with ASEAN becoming the cornerstone of Malaysias foreign policy following the collapse of Saigon, the withdrawal of the US military presence from Southeast Asia and the invasion of Kampuchea by Vietnam. During the premiership of Tun Dr. Mahathir in 1981, Malaysia began relations with more nations and became a symbol of a rising developing country. Under Tun Mahathirs tenure, the nations foreign policy began adopting a much greater economic orientation in the countrys external relations while championing the rights, interests and aspirations of developing countries. Malaysia became the voice of the developing world and was a role model for many developing countries as it become well known for its active stance at the UN and other international conferences. Malaysias participation in peacekeeping missions under the UN is also a testimony of the nations seriousness in instilling the will of the international community. The fifth Prime Minister of Malaysia, Tun Abdullah Ahmad Badawi continued to ensure that Malaysia was active in the international arena. During his tenure, Malaysia played an instrumental role in the formulation and adoption of the ASEAN Charter which has been ratified by all ASEAN member states and subsequently entered into force on 15th December 2008. During this period, Malaysia was also active in expanding the focus of OIC from being an organisation focused solely on political issues into one which focuses on the socio-economic development of Islamic countries. Among the key elements of the 1Malaysia concept is in realising the strength of Malaysia lies in its diversity. This concept bodes well with the main vision of Malaysias Foreign Policy that is to protect and promote interests abroad and at the same time responsibly and effectively contribute towards the building of a fair and just world. Dato Sri Najib believes that the interconnectedness of nations in the world means that Malaysia would benefit in applying 1Malaysia in its efforts in diplomacy and foreign relations. Malaysia will maintain close relations with all countries in the world and will work with like-minded nations in pursuing national interest. Malaysias foreign policy is structured upon a framework of bilateralism, regionalism and multilateralism where. ASEAN forms the core priority of Malaysias current foreign policy. Looking further a field, as a country with a strong Muslim majority, Malaysia also gives importance to the solidarity of the Ummah and the spirit of cooperation among the Organisation of Islamic Conference (OIC). Malaysias status as a developing nation makes it imperative for the country to engage actively in the Non-Aligned Movement (NAM). Malaysia plays a significant role in the various multilateral issues that affect our interests. These issues include disarmament, counter terrorism, trafficking in persons, climate change and environmental issues. As a member of the UN, Malaysia is a firm believer of international peace and security and an upholder of international law. Malaysias election as the President of United Nations Economic and Social Council (ECOSOC) for 2010 and the Chairmanship of the Board of Governors of the International Atomic Energy Agency (IAEA) were a further testimony of Malaysias positive international image. The fundamental principles of sovereign equality, mutual respect for territorial integrity, peaceful settlement of disputes as well as mutual benefit in relations are the guiding principles that would continue to guide Malaysias relations with other countries. These principles have stood the test of time. Indeed, our steadfast adherence to these principles, supported by a consistent foreign policy, has established for Malaysia a credible image in the eyes of the international community. REVOLUTION AND EVOLUTION OF MALAYSIAN FOREIGN POLICY The domestic challenge of religious extremism is however importantly shaped by the perception that, as one manifestation of contemporary global religious revivalism, it is also a product of international muslim contact and exchange. The threat of religious radicalism is thus perceived as being determined, to some extent at least, by an impinging Islamic world which in some instances provides moral and inspirational support and in others, active influence over UMNOs political competitors specifically, and its malay muslim population generally. The expression of extremism has, however, been shaped less by inter state relations than through channels which lend themselves less easily to conventional state regulation. As such, the Malaysian governments efforts at countering wrong islam have involved an intense interaction between domestic and foreign policy. The determination of wrong islam and its easy association with extremism is also increasingly linked to the federal governments attempt to institute an orthodoxy of belief if not of ortho- practic behavior as a means of rationalizing islam towards a particular socio-economic but also political agenda. As attempts at curbing extremism have gradually involved questions of religious authority and the toleration of divergent interpretation, they have ultimately also had a significant bearing on intra-malay rivalry. Frequently then, foreign policy has been employed precisely towards the management of domestic politics. The diversity of views regarding the perception and explanation of foreign policy, no foreign policy can be formulated in a vacuum. It must serve to function in a dynamic environment. Throughout its tenure, the Mahathir Administration has not always enjoyed even relations with those states in the Islamic world which have displayed a more distinctively radical character and approach to international relations. Various geographical, historical, social and political determinants contributed to shaping the nature of Malaysias foreign policy and the conduct of the countrys international relations. Our foreign policy seeks to promote mutual tolerance and cooperation amongst all countries that make up the fabric of international community. Government has frequently publicized its long standing relationships with more conservative regimes in Egypt and Saudi Arabia, its relations with countries like Iran and Libya have been less well documented. Overall, Malaysias diplomatic exchange with these countries since the 1980s has tended to remain cautious, explained in part by their expression of a more radical political agenda frequently channelled through religion. While Malaysia has often supported the official foreign policy attitudes expressed by these states toward the needs for fundamental change within the international system, alarm and objection have also been articulated over the chosen methods of their capacity to directly influence the domestic political process in Malaysia has necessitated the employment of less conventional strategies in foreign policy by the administration. The Iranian revolution clearly helped intensify debate in Malaysia over the revival of islam and the viability of an Islamic state in Malaysia. A more worrying domestic repercussion for the government was the revolutions indirect promotion of islams legitimacy in political contestation and the boost that its success provided to parties and organizations claiming islam as their base. The governments initial non-commitment on the subject, however, contrasted dramatically with the clear and early articulation of support for the revolution by ABIM and PAS. Nevertheless, the establishment of diplomatic relations with the emergent Islamic republic of Iran in 1981, came within the new administration general strategy of publicizing its foreign Islamic friendships. Iranian officials had in fact made some attempt to explain the Islamic revolution and to express its non opposition to moderate intellectuals in muslim countries. The Mahathir administration was therefore at pains to stress the pragmatic aspects of relations with the new Iranian government, even while locating them within the spirit of a shared religion. Indeed the government received some acknowledgement for its pro-islam efforts from the Iranians. Malaysia pursues an independent, principled and pragmatic foreign policy which rests on the values of peace, humanity, justice, and equality. Malaysias foreign policy is also premised on the principles of respect for the independence, sovereignty, territorial integrity and non-interference in the affairs of other nations, peaceful settlement of disputes, peaceful co-existence and mutual benefit in relations. Official relations were also important towards neutralizing what was perceived as real or potential revolutionary Iranian influence over Islamic movements. Intra and inter party dynamics were to underline the continuing threat that UMNO and the administration perceived from the revolutions impact on malay politics and on the role og islam in Malaysian society. Foreign policy is not static. Its formulation is essentially a dynamic process. Hence, over the years, our foreign policy has evolved, taking account of the change in leadership as well as developments in the ever-changing global political and economic landscapes. Moreover, the advent of globalization and the transformation of interstate relations brought about by new and rapid changes in information technologies necessarily means that our foreign policy has to be adjusted and fine tuned to meet new challenges in a globalised world. The evolution of the countrys foreign policy under successive prime ministers reflects a pragmatic response to the geopolitical and economic changes of their times. To be continually relevant to the countrys needs, foreign policy cannot remain static. But whilst changes in emphasis have become a general feature of Malaysian foreign policy, continuity has also been evident. Both the change and continuity mark a higher level of confidence and maturing of th e country in the conduct of its international affairs. Indeed, in many ways Malaysias leadership role has been recognised on several issues of deep interest to the developing world. As a trading nation, we are very much dependent on a peaceful international environment for our well being. Malaysian foreign policy has to be oriented to allow for a greater focus on economic diplomacy. In the past, when we were producing mainly raw materials for the world, Malaysia had to compete with only a handful of countries. But now, when we have become an industrialized trading nation, we have no choice but to work harder, to compete better and to find new markets for our goods and services. We must find better ways to do business with the outside world. We need to find niches in which we have a competitive edge. ASEAN IN MALAYSIAS FOREIGN POLICY Malaysia was able through the vehicle of ASEAN diplomacy to maintain a balancing act in its relations with the indo-china states which remained in a state of conflict at the point of time of ASEANs formation. We have already alluded to the chaos caused by the boat refugees after the end of the Vietnam war and Malaysias pivotal role in repairing some 80,000 persons to third countries. Through ASEAN, the geneva conference of 1979 was called to deal with the practical aspects of the Vietnamese refugees. Then came the Cambodia crisis and here again Malaysia played a pivotal role in setting up the coalition government of democratic Kampuchea (CGDK). Heng samrin regime, ASEAN diplomacy kept in check the various political players in the Cambodian conflict by securing the U.N. seat for the CGDK for the most part of the 1980s. This arguably put all the political players of the Cambodian conflict in contention until the peace process took root in the early 1990s. here again ASEAN played a crucial role in sponsoring the Jakarta informal meetings. Throughout this period, Malaysias stances and policies vis-a-vis the indo-china issue followed the tempo and thrust of ASEAN diplomacy. It was clear that ASEAN had become central to Malaysian foreign policy for its regional and global relations, even under the feisty tenure of Mahathir. The Abdullah government had also followed through the motions of its predecessors in placing ASEAN at the centre of regional politics and foreign relations. The ASEAN push for the construction of three forms of communities- security, economic, and socio-cultural- has also been wholeheartedly taken on board by the Malaysian government along with the ASEAN charter signed in November 2007 at the 13th ASEAN in Singapore. It is important to see ASEAN as a crucial instrumental of Malaysias attempt to use a countervailing and counterpoising foreign policy to handle new issues that have surfaced regionally and globally. Not less of all was the question of Myanmar or Burma, which continued to be the bugbear of the ASEAN states well into the late 2000s. At the regional level, Malaysia will continue to push for the strengthening of ASEAN as a regional grouping. This includes support for a whole range of functional co-operation on a sub-regional or on an ASEAN-wide basis, the phasing in of AFTA and the implementation of the ASEAN investment area. ASEAN has developed and refined various mechanisms and arrangements to promote trade, investment and other collaborative activities. Much of ASEANs attractiveness to the outside world is built on the economic success of its member states and their potential for greater growth. As ASEAN confronted the various challenges such as international terrorism, economic slowdown, in the face of current economic and financial crises, it is ASEANs common effort that accounted for our success. FUNDAMENTAL PRINCIPLES Five Power Defense Arrangement, 1971 Ministers of the government of Australia, Malaysia, New Zealand, Singapore and United Kingdom met in London on 15th and 16th April 1971. In order to consider matters of common interest to all five governments relating to the external defense of Malaysia and Singapore. The minister of the five governments affirmed, as the basic principles of their discussion, their continuing determination to work together for peace and stability their respect for the sovereignty political independence and territorial integrity of all countries and their belief in the settlement of all international disputes by peaceful means in accordance with the principles of the united nations charter. In the context of their governments determination to continue to co-operate closely in defense arrangements which are based on the need to regard the defense of Malaysia and Singapore as indivisible, the ministers noted with gratification on the development of the defense capability of Malaysia and Singapore, to which the other three governments had given assistance, and the decisions of the governments of Australia, new Zealand and the united kingdom, which had been welcomed by the other two governments to continue to station forces there after the end of 1971. In discussion the contribution which each of the five governments would make defense arrangements in Malaysia and Singapore, the ministers noted the view of the united kingdom government that the nature of its commitment under the anglo-malaysian defense agreement required review and that the agreement should be replaced by new political arrangements. They declared that their government would continue to co-operate, in accord ance with their respective policies, in the field of defense after the termination of the agreement on its 1st November 1971. The ministers also declared, in relation to external defense of Malaysia and Singapore thet in the event of any form of armed attack externally organized or supported or the threat of such attack against Malaysia and Singapore, their governments would immediately consult together for the purpose of deciding what measures should be taken jointly or separately in relation to such attack or threat. The ministers reviewed the progress made regarding the establishment of the new defense arrangements. The ministers agreed that from time it might be appropriate for them to discuss their common interest. It would also be open to any of them, participating governments to request at any time, with due notice, meeting to review these defense arrangements. METHODS AND RESPONSES TOWARDS MALAYSIAN POLICY With its dedicated Plans of Actions and Protocols, ASEAN will move closer towards its goal of building the ASEAN Community, characterized by greater political and security interaction and engagement, a single market and production base, with free flow of goods, services, capital investment and skilled labour and a caring society, focusing on social development, education and human resources development, public health, culture and information, and environmental protection. Improvement of the invisible trade of developing countries, particularly by reducing their payments for freight and insurance, and the burden of their debt charges. The foreign policy of Malaysia continues to emphasise on the relevance and importance of ASEAN as the forum and catalyst for regional dialogue. ASEAN Dialogue Partnerships, ASEAN Regional Forum, ASEAN Plus Three and East Asia Summit have allowed its members to engage leading powers. Improvement of institutional arrangements, including if necessary, the establishment of new machinery and methods for implementing the decisions made at UNCTAD. It is sometimes difficult to understand why even though the government is so generous in providing assistance to so many other developing countries, it yet seems reluctant to give forthright and substantial aid to Malaysia. In most cases, no open tender processes were resorted to. Privatization further fed into this policy. Many of the joint ventures were achieved on a government to government basis involving tit for tat negotiation methods. An example was the case of Antah Biwater. Fifty one percent of its equity was controlled by its local malay partner while the remaining was held by a Biwater Ltd, a british water supply and treatment company with strong political connection to the thatcher government. Another example found in Indah Water Konsortium, a joint venture with british water treatment company northwest water ltd. IWK was awarded a $6 billion sewerage contract under the regimes privatization policy. ROLES OF POLICY MAKERS WHEN INTRODUCING CHANGES Having policy space and flexibility is important is important to a developing country. The Malaysian experience also shows that if a country is able to avoid turning to the IMF, it can also avoid the straightjacket of the IMFs mainly one size fits all policies and can choose its own policies as well as change them if they are found to be unsuitable. Malaysia initially took on several elements of the IMF fiscal and monetary policies but when these damaged the real economy, the country was able to switch to a different approach. A coherent anti- crisis strategy should be seen as an integrated package of its elements and policies. Policymakers often (even constantly) grapple with difficult policy decision s since the goals of policy are multiple. A policy instrument meant to achieve one goal may negatively affect other goals. In a situation where there are many complex trade offs, its useful to think outside the box and seek other policy tools. In the Malaysian case, it is useful to analyze and appreciate the various policy elements as parts of an integrated approach and as parts of a whole policy package. Thus, each elements should be considered not only on its own merits or for its own role in achieving a particular goal but also for its function of having an effect on another element or on another goal. A particular element or policy may not have the same successful intended effect, unless accompanied by or done in conjuction with some other element of policy. Thus, the interrelationship of the elements and the interaction with one another should be appreciated. For example lowering the interest rate was important for rescuing the microeconomy and reviving the real economy but doing so would have brought down the ringgits exchange rate. A new policy instrument, fixing the exchange rate was thus introduced. This alone would have been insufficient. Besides fixing the exchange rate to the dollar, stabilization of the currency also required two additional policy instruments. If we start with even one major policy goal(reviving rate reduction), we end up with several other policy tools and goals. All diplomatic missions may apply to the MFA through diplomatic note attaching the details as prescribed. For incoming visits by Head of States/Governments to Malaysia, the delegation will normally also include their countrys official media. On other occasions, official media from foreign countries may also undertake assignments in Malaysia to cover specific activities such as the Malaysian Governments socio-economic programmes, general elections, etc. To this effect, the official media from the country concerned would need to be accorded with some assistance in facilitating their assignment in Malaysia. Media accreditation for official media agencies/delegations undertaking assignments in Malaysia for the purposes of Head of State/Government visits, coverage for international conferences and filming. For media agencies accompanying Head of State/Government Visits, the MFA processes and approves media accreditation requests. Applications should be made via diplomatic note attaching t he prescribed details. Under regional security matters, Policy Planning Division is involved in handling issues related to ASEAN Regional Forum as well as bilateral security dialogue between Malaysia and Australia. On political and security cooperation, Policy Planning Division is responsible among others in the implementation of the ASEAN Security Community Plan of Action, Declaration on the Conduct of Parties in the South China Sea, broadening the support for ASEAN instruments such as the Treaty of Amity and Cooperation in Southeast Asia (TAC) and the Southeast Asia. Financial openness poses serious dangers to developing countries and can be avoided. Too much openness in the financial sector can make a developing country vulnerable to financial speculation, to sudden or large movements of foreign capital, and to volatile movements in the exchange rate. If a country were to maintain an open financial policy, it risks losing the ability to determine its own macroeconomic policies. Thus the country may find it desirable not to have such an open financial policy. CONCLUSION The greatest challenge would be to extract the best from the process of globalization and to give our best to the system. And in return to contribute towards making the world a much more peaceful and equitable place to live in, to provide leadership within our region and to demonstrate exemplary and responsible membership of the international community. The economic dimension of globalization has been even more disappointing. The financial crisis that descended upon East Asia in 1997 brought about not only social misery and economic disaster but political instability as well. Massive Unemployment, negative growth, stock market crashes and severe currency devaluation have pulled down millions of people below the poverty lines. And now, we are anxiously watching the effects of the possible economic meltdown following the global financial crisis. Fundamental principles governing interstate relations would continue to guide Malaysias relations with other countries. These refer to sovereign equality and mutual respect for territorial integrity, mutual non-aggression, nonà -interference in each others internal affairs, peaceful settlement of disputes as well as mutual benefit in relations and peaceful co-existence. The so-called constructive intervention policy advocated by some, involving loud criticism, adversarial posturing and grand standing would only bring more harm than good to the promotion of neighbourly relations. We do make exceptions to the policy of non-interference in certain extreme situations. The bloody cruelty, genocide and atrocities perpetrated by some struck our conscience. Such peculiar situation calls for pragmatism on our part in the interest of humanity whilst recognizing the central role of the UN in resolving the problem. Malaysias activism at the international front has of course attracted attention and reaction from various quarters. Malaysia had been the target for criticism for being too vocal. But this is something that we need to take in our own stride if Malaysia is to be proactive at the global level. Our foreign policy principles have stood the test of time. Indeed, our steadfast adherence to these principles, supported by a consistent foreign policy, has established for Malaysia certain credibility in the eyes of the international community. The years ahead therefore would see our foreign policy specially oriented towards not only ensuring Malaysias domestic success but also internationally, as a geopolitical and economic player at the global level.
Friday, January 17, 2020
Jollibee
I. BRIEF HISTORY AND DESCRIPTION OF THE COMPANY Jollibee Phenomenon Jollibee is one of the Philippines' phenomenal business success stories. Starting in 1975 as a two-branch ice cream parlor, it later expanded its menu to include hot sandwiches and other meals. With encouraging success, Jollibee Foods Corporation was incorporated in 1978 with seven outlets to fully explore the possibilities of a hamburger concept. Thus was born the company that revolutionized the fast food industry in the Philippines.In 1984, Jollibee reached the P500 million sales mark, catapulting the company into the list of Top 500 Philippine Corporations. In 1987, barely 10 years in the business, the company joined the ranks of the Philippines' Top 100 Corporations. It then became the first Philippine fast food chain to break the P1 billion sales mark in 1989. In 1993, Jollibee became the first food service company to be listed in the Philippine Stock Exchange; thus broadening its capitalization and laying the g roundwork for sustained expansion locally and beyond the Philippines. Undisputed leadershipJollibee is the country's leading fast food chain. The size, geographic expanse and breadth of the company's operations have grown exponentially ââ¬â from a handful of Jollibee stores twenty-five years ago to over 400 stores in the Philippines and several international stores in countries like the United States and Hong Kong. It is now an international brand with phenomenal milestones that has made millions of Filipinos proud. But Jollibee's leadership is not only reflected by market share (the company enjoys more than half of the entire fast food industry); numerous local and global awards attest to this as well.Recipe for success The foundation of Jollibee's rapid growth has been its strategy to establish dominant market coverage complemented by its superior menu line-up, creative marketing programs and efficient manufacturing and logistics facilities in support of its widening restauran t chain. It is powered by teams of well-trained individuals embracing the culture of integrity and humility, working in a family-like environment of fun and togetherness. As a corporate citizen, Jollibee is also committed to serve its host communities.The company not only nourishes bodies but also people's spirits through countless socio-civic projects. A triumph for and of the Filipino Jollibee dedicates its continuous success to those who have supported the company from the very start ââ¬â the Filipino people. Jollibee has grown to be so well loved that every time a new store is opened, especially overseas, Filipinos form long queues to the store without fail. It is not just a place where they feel at home; it is a stronghold of heritage, a monument of Filipino victory. Values â⬠¢ Always customer first â⬠¢ Excellence through teamwork Spirit of family and fun â⬠¢ Frugality, Honesty and Integrity â⬠¢ Humility to listen and learn Mission â⬠¢ We bring great tas te and happiness to everyone Vision â⬠¢ Become the most dominant and best-tasting QSRâ⬠¦ â⬠¢ The most endearing brandâ⬠¦ that has ever been â⬠¢ We will be within reach of every Filipinoâ⬠¦ â⬠¢ We will lead in product taste at all timesâ⬠¦ â⬠¢ We will provide FSC excellence in every encounterâ⬠¦ â⬠¢ Happiness in every moment. Jollibee Operations Bee happyâ⬠¦. Langhap-Sarap sa Jollibee! Day in, day out, Jollibee serves over one million Filipinos who flock to its more than 400 stores all over the country.In ways, small and grand, Jollibee's tasty food, cheerful service and friendly crew touch the lives of so many people who leave its stores with happy memories that will last long after that birthday party, first date or even just that simple meal a customer had when he dropped in one rainy day. From a modest beginning, Jollibee has grown to become not only the number one fast food chain in the Philippines with over 400 stores nationwide, but is also an international brand that has the distinction of being one of the world's most admired companies by the Far Eastern Economic Review. But Jollibee is not stopping here.To reinforce Jollibee's capability to enhance it leadership and build growth, the Management embarked on a broad range of strategic initiatives. Since its starting 1975, the company has expanded tremendously. The phenomenal growth is attributed to the company's unwavering quest to serve and delight the Filipino customer as well as its ability to anticipate and adapt to the ever-changing market environment. Jollibee continues to push its store network expansion maintaining lead over competition, focused on optimum results from right -sized stores on the best site selection in trading territory.This ensures effective and efficient market coverage. To meet the challenges of a more intensely competitive market and to manage the business more effectively, the company undertook a major initiative to re-align th e structure of Jollibee Philippines. The new organization, which has successfully been put in place, has the capacity of enhancing continued dominance in the quick service industry. In 2000 Jollibee Philippines was decentralized into four autonomous Regional Business Units (RBU), corresponding to the country's major geographic markets: Mega Manila, North Luzon, South Luzon and Visayas-Mindanao.The decentralization has structured each RBU into a more manageable business size and span of control. Key support functions like human resources and administration, finance and network development have been transferred to the RBU for greater efficiency in the delivery of products and services, quicker coordination and more timely decision-making. The Head Office/Corporate Services functions (Marketing, Finance, Restaurant Systems, Engineering) have been re-aligned as Support Center to provide continuing assistance to the RBUs and provide corporate-level directions.The new structure has proven to be more responsive to the needs and challenges of a rapidly growing organization and an even more dynamic market. The program has resulted to better execution of programs and renewed enthusiasm and commitment from the Jollibee people. Parallel to all of the above initiatives is the continuous improvement of operating productivity and efficiency across the Jollibee fastfood chain. It continues to initiate improvements on equipment and facilities as well as store procedures to generate faster volume turnover and achieve better quality in the delivery of products.Jollibee remains firm in its resolve to maintain its dominance in the fastfood industry. It will continue to push forward with its strategic programs and aggressively pursue further network expansion to ensure superior market coverage nationwide. Most importantly, it will continually apply itself to the paramount task of consistently delivering superior tasting products at the most affordable prices and services of the hig hest standards in a bright and clean store environment. MARKETING STRATEGYIn line with its long-term goal to be the dominant food service leader in the country, the company acquired Greenwich Pizza in 1994 enabling it to penetrate the pizza-pasta segment. From a 50-branch operation, Greenwich has established a strong presence in the food service industry. A year later the company acquired the franchise of Delifrance, an international food company. This further expanded its penetration in the food service industry particularly in the French cafe-bakery, a growing segment of the Philippine food market.In 2000, the strategic acquisition of Chowking solidified the company's position as the dominant leader and allowed it to have leadership in a major fast food market ââ¬â the Oriental quick service restaurant segment. The incorporation has revitalized Chowking; providing a platform for the growth of the business and further increasing the enterprise value of the Jollibee Group. Jolli bee's advertising is deeply rooted in the traditional Filipino values of family and love for children. Fueled by Filipino creativity, its expression ââ¬Å"Atin ang Langhap Sarap! is anchored on its products' unique taste and superiority. It aims to be perpetually in the public consciousness through television, radio, print, cinema advertisements and billboards. The company also sponsors selected community activities. Moreover, premium items and toys are offered to bring home and display on the toy shelf. Likewise, as a way to ensure that the superior equity is sustained and a strong, cohesive and comprehensive visual identification in all Jollibee stores is created, a system ââ¬â wide Jollibee retail identity was initiated.The international graphic design group, Addison was commissioned to formulate the new retail identity that is more dynamic and fun-oriented. The new retail identity is an integrated system encompassing the total restaurant design from the menu-board and vario us signages, the dining equipment and area, to the Playland and other facilities. The product menu is continually reviewed to sustain consumer excitement. Existing products are improved and re-launched. New products are test-marketed in keeping with the strategy of having a continuing fresh line up of products.All these to respond to customers' changing needs and preferences which has been a major factor in Jollibee's success. At the forefront of innovative marketing and advertising program are the Value Meal product upgrades and additions. This has indeed proven to be an effective response to the narrowing consumer spending power brought about by the current economic crunch. Jollibee owns the children market and will endeavor to keep its stronghold on this segment. Hence, Jollibee continues with its Jolly Kiddie Meal promotions, offering a choice of Regular Yum, Spaghetti Special or Chickenjoy.SALES FORECASTING, PRODUCTION SCHEDULING AND MATERIALS REQUISITION PLANNING Sales Forecas ting The sales forecasting done by the store manager is the main determinant of the amount of supplies the store will need. Sales is proportional to the number of products sold so forecasting sales in advance would tell how much supplies the store need to order. Sales is projected daily or weekly and is based on the storeââ¬â¢s sales history. From the sales history, the store manager can determine the storeââ¬â¢s day type. The day type refers to the categories of a dayââ¬â¢s performance.These are Slack, Semi-Peak, and Peak. Knowing the storeââ¬â¢s day types will help the store manager determine the sales projection. Production Scheduling Production scheduling is done after determining the demand for each of the products. Each of the product has different production schedules. This is because the demand of one product is different from the demand of another product. They have also different times of peak sales. The schedule determines the number of product to produce for every hour of the day and the number of product to maintain on the warmer bin.Supplies Planning It is the system of planning the amount or volume of materials needed by the store to meet the demand for products at specific volume of transactions for a given a period. Objective of Supplies Planning Through supplies planning, the store manager gets to determine the actual order for each item in the store. Supplies planning prevents overstocking and stockout of supplies. The steps in supplies planning are: 1. Plan the supplies needed by the store based on sales projection. 2. Ensure correct perishable and nonperishable inventories. 3.Update the stock factors according to changes in sales trend. What are the supplies? The storeââ¬â¢s supplies vary from cleaning materials to hand towels to frozen patties. Supplies are categorized into two: Daily Supplies ââ¬â wet/frozen/items that are highly perishable Weekly supplies ââ¬â dry items like packaging and cleaning materials Actual Order of Supplies The actual amount of supplies that the store will order from Commissary. This is relayed either thru the web or iBOS. This is where supplies and requisition comes in. The prerequisites of the actual order of daily supplies are: . forecasted sales ââ¬â is based on storeââ¬â¢s sales history. 2. adjusted sales ââ¬â sales is adjusted for unexpected occurrences. 3. stock factor ââ¬â amount or volume of a product or a raw material needed to serve customer demand for every hundred pesos of sales. SF=Average Quantity of Products Sold Average daily Sales 4. forecast stock ââ¬â refers to the number of items to be stocked in the store for a given type. FS=Adjusted Sales x Stock Factor of Raw Material 5. ending balance ââ¬â remaining available stock of items prior to ordering. 6. aily supplies requisition form ââ¬â is a form used to compute the actual order of daily items. It includes a list of the wet /frozen/bakery items. AO=Forecast Stock ââ¬â Ending Balance The prerequisites of the actual order of weekly supplies are: 1. average daily usage ââ¬â average daily usage, or ADU, is the average quantity of items sold in one week. It is affected only when there is a change in the weekly sales forecast or weekly sales trend. It does not include bulk orders. ADU =Total quantity of products sold for one week 7 days 2. rdering cycle ââ¬â is the sum (in days) of the delivery interval, forecast usage coverage and buffer period. 3. stock build up ââ¬â total usage for the whole length of the ordering cycle. It also represents forecast stock. SB=Ordering cycle ADU 4. par stocking ââ¬â average quantity of stock needed to sufficiently supply the needs of the store for the whole ordering cycle. 5. ending balance ââ¬â remaining available stock of supplies. 6. weekly supplies requisition form ââ¬â is a form used to compute the actual order of weekly items. It includes a list of the wet /frozen/bakery items. Steps in Daily Supplies Planning Step |Activity |Key person | |1 |Gives the daily supplies requisition form to stockman |Production Manager | |2 |Gets the ending balance (EB) by conducting a physical inventory count of the items|Stockman | | |on the list | | |3 |Checks the EB at random to ensure accuracy |Production Manager | |4 |Gets the forecasted from the store manager then writes this on a equisition form |Production Manager | |5 |Computes the Adjusted sales and writes this on a requisition form |Production Manager | |6 |Computes the stock factor (SF) of each item and writes this under the SF column |Production Manager | |7 |Computes the forecast stock (FS) of each item and writes this under the FS column |Production Manager | |8 |Gets the actual order (AO) of each item and writes this under the AO column |Production Manager | |9 |Signs the requisition form in the blank provided. |Production Manager | IV. ANALYSIS OF THE COMPANYââ¬â¢S PRODUCTION PROCESS Forecasting is an indispensabl e tool in the production process of Jollibee Foods Corporation. Demand is forecasted based on the sales of the store for the past periods. This data can be obtained from its sytem called iBOS. This forecasted data is adjusted for some occurrences or factors that might affect their sales in the period that the store is forecasting. This forecast is then translated to production schedules of different products. After making the production schedules, the Production Quality Manager (PQM) performs the supplies planning.Jollibee Corporation has policies and processes concerning supplies planning and requisition. The PQM of each store has the hand on how to go about the planning and ordering of supplies needed for his/her respective store. Jollibee Corporation has already installed a system of ordering supplies needed by its store branches ââ¬â the AMWS. Jollibee, City of San Fernando branch has the following system of production. The schedule of ordering for wet/frozen supplies is eve ry Monday, Wednesday, and Saturday. Delivery of such has a lead time of 2 days. On the other hand, schedule of ordering for dry supplies is every Tuesday, Friday and Sunday, with a lead time of 3 days.If the PQM Manager has already placed his/her order and there are some unexpected orders that can affect the consumption of supplies, he or she has the benefit of making adjustments to his or her order a day before the delivery date through its system ââ¬â AMWS. Special Holidays and events are highlighted in the storeââ¬â¢s calendar to incorporate these in the determination of demand and to prevent stock out of supplies. If there is really an unexpected bulk order, and the store cannot accommodate such order, the store has the option to decline the order. Otherwise, the store borrows from another store in the area to avoid opportunity loss from that order. V. RECOMMENDATIONOur modern technology is continually giving advances to business organizations. And Jollibee is one of thos e that continue to search for more improvements in their systems concerning their operations. With the case of iBOS, the product quality manager can easily create, modify, inquire and maintain useful data by just a click of a mouse. Once the program/system is entered into the computer, the PQM is supplied with needed information on inventory balance, order listing and sales. Truly, the advantage of this system is to increase the productivity of the PQM and making it accessible to other department managers who might need the above mentioned data in making business decisions.Poor decisions may affect the firmââ¬â¢s profits by requiring expensive corrective actions and may be driven out of business by a much more vigilant competitors. Thirty years of solid experience made Jollibee Corporation produce and adapt the nationwide computer aided system to their advantage. It would not make it as the number one fastfood company in the Philippines if not for its expertise in their productio n. It is therefore recommended that Jollibee Food Corporation to continually improve its production and make use of technology to further enhance its systems. TABLE OF CONTENTS I. Brief History/ Description of the Company II. Marketing Strategy III. Sales Forecasting, Production Scheduling and Materials Requisition Planning IV. Analysis of the Companyââ¬â¢s Production Process V. Recommendation
Thursday, January 9, 2020
Decision Making With Managerial Accounting - 1563 Words
Decision Making with Managerial Accounting Accounting is the process charged with the identification, measurement and the communication of economic information in the aim of allowing the desired users in making the correct decisions and judgments. Accounting has two branches depending on the users. Managerial accounting isuseful to core users unlike financial accounting which is more essential to exterior users. Management accounting is, therefore, the identification, analysis, record keeping and presentation of financial and non-financial information for internal use in planning, decision-making, and control. The managerial system not only offers past financial information on transactions, but it also enables the managementâ⬠¦show more contentâ⬠¦It determines budgetary procedures and prepares a timeline for the business to ensure the harmonization of all plans. In determining who to carry out which activities and who to carry them, managers use managerial accounting records for organizing the business. The report allows managers to prepare internal reports for better organization structuring after evaluating the existing organization structures. This is after determination of responsibilities and lines of authority of the business. Managerial accounting seeks to design and implement the accounting system to strengthen the connections between the authority, experts, and their responsibilities to ensure performance achievement. It, therefore, identifies the most relevant and essential elements of an organization and suggests ways of improvements (IOANA-DIANA, 2013). Managerial accounting helps in the motivation of staff. The reports indicating the performance of the organization influences the behavior of the staff in embracing the organization goals and making decisions aligning with the goals. The reports also have the intention to motiva te the managers in fulfilling the objectives of the business. If individuals do not perform by the set targets, the report motivates them to achieve the goal in the next report, and if the goals are achieved, they make them adjust the goals upwards to perform even better. The areas dwindling in performance are identified with the staff
Wednesday, January 1, 2020
Appearance vs. Reality in Merchant Of Venice Essay
The theme of Appearance Vs. Reality is used throughout the play to mislead and confuse so things may not always be what they seem. Shakespeare uses deception to enhance the unfolding drama and involve his audience more fully in the play ââ¬â the audience are party to deceptions which the characters themselves are unaware of. Prejudice was common and the word ââ¬Å"Jewâ⬠applied to hardhearted unscrupulous moneylenders. An Elizabethan audience would have been happy to see a Jew, Spaniard or a Moor deceived and Shakespeare clearly tried to give his audience what it wanted. In contrast, many, particularly ladies, would have admired the strong and witty Portia and even though she appears arrogant and racist this would have been accepted inâ⬠¦show more contentâ⬠¦Jessica doesnââ¬â¢t respect her father either and dislikes being a Jew. Jessica tells the audience how she is ââ¬Å"ashamed to be my fatherââ¬â¢s childâ⬠and makes the audience feel sorry for her by d escribing her unhappy home life ââ¬Å"our house is hellâ⬠¦Ã¢â¬ Jessica is to be disguised as a torchbearer. She also steals some of her fatherââ¬â¢s valuable possessions and money knowing this will cause him great pain on top of her running away. We hear about Shylockââ¬â¢s reaction to the elopement in Act 2 Scene 8 when Salario and Solanio are making fun of him. ââ¬Å"My daughter! Oh my ducats! Fled with a Christian, Oh my Christian ducats stolen by my daughterâ⬠. Lorenzo and his friends deceived Shylock out of spite, as they disliked Shylock as a Jew, but also because they know that Shylock would not approve of the marriage and Jessica becoming a Christian. The elopement deception is a major issue because it might have contribute to Shylockââ¬â¢s anger towards and make him want tokeep his bond even more. Jessica also dressed up as a pageboy to disguise her and this is quite similar to Portia who later disguise herself as a lawyer to help Antonio. Portia deceives all of the men that come to choose a casket. To their faces she appears to like them but when they have gone she mocks them and says how she disliked them. She especially deceives the Prince of Morocco. To his face, Portia says she has no problems with his colour and even admires his looks ââ¬Å"Yourself, renowned prince then stood as fair as anyShow MoreRelated Appearance vs. Reality in The Merchant of Venice Essay1058 Words à |à 5 PagesAppearance vs. Reality in The Merchant of Venice The Merchant of Venice explores the theme of Appearance versus Reality. The theme is supported with many examples in the form of characters, events and objects. During the discussion of the bond, Shylock says to Antonio ââ¬Å" I would be friends with you and have your loveâ⬠and ââ¬Å"this kindness will I showâ⬠. He pretends to be Antonioââ¬â¢s friend, but he has an ulterior motive, which is to take a pound of Antonioââ¬â¢s flesh from whatever part of his bodyRead More Comparing Mistaken Identity in Merchant of Venice, Comedy Errors, Twelfth Night and As You Like It1115 Words à |à 5 PagesIdentity in Merchant of Venice, Comedy of Errors, Twelfth Night and As You Like It à à The ploy of mistaken identity as a plot device in writing comedies dates back at least to the times of the Greeks and Romans in the writings of Menander and Plautus. Shakespeare borrowed the device they introduced and developed it into a fine art as a means of expressing theme as well as furthering comic relief in his works. Shakespeares artistic development is clearly shown in the four comedies The Merchant of VeniceRead MoreMerchant of Venice - Apperance vs Reality1967 Words à |à 8 PagesJasdeep Bains Mrs. Valdez ENG2D1-05 Wednesday May 28, 2008 Appearance Vs Reality in Merchant Of Venice This theme of Appearance Vs. 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Instead (rather like the single setting of Much Ado About Nothing), we see in Twelfth Night the twin centers of power--the estate of Orsino and the estate ofRead MoreThe Case of Shylock vs. Antonio in The Merchant of Venice3461 Words à |à 14 Pagesï » ¿Case Shylock vs. Antonio in The Merchant of Venice William Shakespeares tragic comedy The Merchant of Venice is recognized for the complex concepts that it puts across, considering that it relates to a wide range of fields. The English poet and playwright is also known to have incorporated a great deal of concepts into his plays with the purpose of appealing to an educated public. The Merchant of Venice is clearly legal in nature, considering the numerous law references present in theRead MoreMarketing Management130471 Words à |à 522 Pagesand culture. From an external perspective, these contextual factors include the overall economic, social, cultural and political conditions that characerize modern India and shape, at least to a certain extent, the organizations operating in that reality. The core category identified was that of environmental scanning, to which a set of subsidiary categories was related. According to Aguilar,environmental scanning refers to the exposure to and acquisition of information about events and relation ships
Monday, December 23, 2019
Sourcing Strategy at General Mills - 690 Words
Developing a sourcing strategy is vital with my new ââ¬Å"buyerâ⬠position at General Mills. I need to consider what General Mills is looking for and what best suits their company. The first step I need to take in developing a sourcing strategy is to conduct an assessment of General Mills current spending. According to General Millsââ¬â¢ Annual Report, the payments due in 2014 are $3,844,200. This amount includes long term debt, accrued interest, operating leases, capital leases, and purchase obligations. At this time, General Mills can expect to spend $2,730.70 on cocoa each month. The second step will be assessing the supply market and discovering who offers what. General Mills is a member of the World Cocoa Foundation, which helps create contact with cocoa farmers, origin governments, and environmental organizations. It is very important to consider environmentally and labor friendly options when developing my sourcing strategy for cocoa beans. General Mills does not want to risk partnering with an unethical cocoa farmer who violates labor laws using young children or putting the workers through harsh conditions. Next I will need to conduct a total cost analysis to see how much it would be to purchase cocoa. The monthly cost of cocoa beans fluctuates monthly. In January, 2010 cocoa beans were being sold at their highest- $3,525.12. Currently, cocoa beans are sold for $2,730.20. It may be wise to purchase a larger amount of cocoa beans when the cost of them declines, to saveShow MoreRelatedMarketing Plan For Quality Freelance Writing Company Essay1480 Words à |à 6 PagesContent Company Marketing Plan Quality Freelance Writing CompanyÃ¢â¬Æ' Table of Contents Topic Page # Company Description 3 Business Mission 4 Situation Analysis (SWOT Analysis) 5 Objectives 10 Marketing Strategy 12 Implementation, Evaluation and Control 21 Summary 24 Works Cited 25 Company Description GreaterThings Freelance Content Company (GreaterThings FCC) is a writing company that provides quality blog and websiteRead MoreGeneral Mills It3528 Words à |à 15 PagesCorporate Information Technology Assessment of General Mills MGT 6530-Managerial Application of Technology The College of Saint Scholastica Executive Summary General Mills is one of the largest food companies in the world, and uses an extensive array of information technology (IT) to support its day-to-day operations. This paper focuses on three primary IT areas within General Mills: supply chain, data retention and marketing. Specific technologies reviewed for this assessment includeRead MoreLi Fung1747 Words à |à 7 Pageschain; Ã⢠Adopt information technology to optimize the operation of the supply chain; Ã⢠Shorten production lead time and delivery cycles; and Ã⢠Lower costs in sourcing, warehousing and transportation LF believes that these core principles are key factors for success in managing a global supply chain. Using the principles, LF developed strategies in dispersed manufacturing, a global supplier network, customer-centric organizational structure, and the Internet. Dispersed manufacturing meant that theRead MoreBusiness Case Analysis of Mass Merchandisers1506 Words à |à 6 Pagessalary of $100k. If complete a reduction in workforce for all of WWAVââ¬â¢s sales team, we can achieve $26M in savings for each year post acquisition. Furthermore, there will also be redundancies at the executive level with overlap of Executive VP of Strategy Corporate Development, Executive VP of HR, CFO, and segment President. If eliminated, these positions together would account for $18.1M annually. While we are cutting a large section of the executive team, we are interested in maintaining theRead MoreCost of Quality2309 Words à |à 10 Pages whose company is doing the export. Export houses earn foreign exchange for the country, so it becomes mandatory to have good quality control of their products. In the garment industry quality control is practiced right from the initial stage of sourcing raw materials to the stage of final finished garment. For texti le and apparel industry product quality is calculated in terms of quality and standard of fibres, yarns, fabric construction, colour fastness, surface designs and the final finished garmentRead MoreMarketing Plan For A Business Level Strategy1089 Words à |à 5 PagesWhiteWave has pursued a variety of strategies to support its unprecedented growth. Business-level Strategy Across its various business groups and within each of its brand, WhiteWave tends to follow a focused differentiation strategy to achieve above average returns. The target markets for many of its products, while growing, tend to be narrower. In addition, it creates value for customers by providing distinctive products. The advantages of a focused differentiation strategy include increased loyalty fromRead MoreCpw and Kelloggs6179 Words à |à 25 Pagescapabilities; General Mills and Nestlà ©, CPW plans to take further steps towards stronger global sales and integrated global marketing. In a saturated consumer product industry, the company aims to develop a blue ocean strategy through developing strategic core competencies and an international competitiveness in order to outperform its competitors and achieve further growth. Taking the US and Canadian markets out of the equation, the paper aims to find effective global marketing strategies that empowerRead MoreBackground Inditex, One of the Worlds Largest Fashion Distributors, Has Eight Major Sales Formats - Zara, Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home Y Kiddys Class- with 3.147 Stores in 70100262 Words à |à 402 Pagesdirect hierarchical control and influence. This thesis is about the intersection between Corporate Social Responsibility (CSR) and Supply Chain Management. That is, the point when an issue on a focal companyââ¬â¢s CSR agenda becomes an issue for its sourcing, purchasing and supply management operations. I use the term upstream CSR when I refer to this phenomenon. I define upstream CSR as the management of environmental and social aspects that are determined, or occur, upstream within the supply chainRead MoreSummer Internship Report on Madura Garments6439 Words à |à 26 Pagescome in during the Trade shows held twice a year 6 months prior to the launch of a season (Spring-Summer or Autumn-Winter). Sourcing and production plan for those channels so are essenti ally done against fixed orders. But for Institutional Channel orders are not predetermined and customers come in with orders with very short lead time. This makes sourcing and manufacturing strategy for this process completely different from traditional channels. Currently the company Madura Garments (for referenceRead MoreSummer Internship Report on Madura Garments6431 Words à |à 26 Pagescome in during the Trade shows held twice a year 6 months prior to the launch of a season (Spring-Summer or Autumn-Winter). 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Sunday, December 15, 2019
Human Relations Bad/ Good Experience Free Essays
On Tuesday Sept. 5 I signed my daughter up for cheerleading at Jefferson elementary school. Upon arriving you are required to pay $60. We will write a custom essay sample on Human Relations Bad/ Good Experience or any similar topic only for you Order Now 00 for sign up and also a $7.00 registration fee, pom poms are $25.00 and the uniform is $50.00. According to the flier there is a team for girls between the ages 5-7 and another for the ages 8 and over. During practice I noticed that the other girls were much younger and also shorter then my daughter and I felt it would be a better fit for my daughter to cheer with the older girls. I asked the coach since my daughter will be turning 8 years old next month if she could join the team with the older girls, The coach ââ¬Å"said no , I was very upset, so I requested my money back. My money was returned and I found a new cheerleading program for my daughter with a more understanding coach. Good experience On Wednesday Sept.6 I went to the Taco Bell located in Alhambra Ca just off Fremont street. I ordered several tacoââ¬â¢s with no tomatoes and 2 small drinks to go. When I arrived home and begun to eat my food I noticed the tacos had tomatoes. I called the taco bell to inform them a mistake was made on my order. The manager was very apologetic and asked if I could come back to the restaurant to replace my order, ââ¬Å"I agreed. When I arrived I asked for the manager he replaced my order and gave me 3 free tacos and a coupon for a free meal. I was very thankful and will continue to shop there. How to cite Human Relations Bad/ Good Experience, Essay examples
Saturday, December 7, 2019
Marketing of Mondelez International-Free-Samples-Myassignmenthelp
Question: Discusss about the Sustainable Management and Marketing of Mondelez International. Answer: Introduction Mondelez International is a widely known American confectionary, food and beverage company that produces gum, powdered beverages, confectionery, and biscuits (Berg 2016). The employee strength of the company is about 90,000 and it has been headquartered in USA. The product portfolio of Mondelez International includes several billion-dollar brands like Stride, Trident, Oreo, Cadbury and Halls and with the same; the brand has consumers from 165 different countries (Fernandes, Gupta and Vidyasagar 2016). This paper is going to elaborate on analyzing its macro and micro environmental factors through marketing mix and SWOT analysis. It shall further shed light on the sustainable marketing initiatives taken by this company and will suggest few strategies and principles that it could be used by it in order to improve its business. Discussion Marketing Mix Product The company has large array products and maximum of its products are been gained by its merger with the brand Cadbury. Cadbury has generated a large number of cash cows in its range of products. Perk, Dairy Milk, Bourneville, Five Star, Cadbury clairs are some of the popular products in the chocolate business (Pai and Subramanian 2014). Under the segment of biscuits, the company has launched Oreo in the year 2010 that is indeed gaining a market share at a very rapid pace, covering up more than 100 crores in the revenues. Under the beverage segment, bournvita again is the major leader in the milk additives. Along with that, the mouth freshener or the remedy for cold and cough- Halls, is used by the people all over India. Because of such a huge range of products in its portfolio, Mondelez is one of the leading names in the field of chocolates, all over the world. Price Along with the quality of the product, there comes the price that Mondelez too considers to a great extent. Since the quality of all its products are high as well as the Oreo biscuit and bevarages too requires a continuous marketing in the market to remain on the top, the product price of the Mondelez is also quite high for some products of it (MacGregor et al. 2016). However, for the other products that need less or no marketing, the prices are much low and reasonable enough. Because of its positioning, Dairy Milk is regarded as one of the most premium brands of chocolates, but as its price is much low than the other premium chocolates, it is accepted by near about each of the target segments (Shrivastava 2016). There are varieties of product of Mondelez and depending on the type of consumer who are going to buy them, their pricing are set accordingly. Distribution strategy- The distribution strategy of the company is really fantastic and is at the same time, widespread as well. The product of the company is available in all the urban areas including the A, B and C category of towns. It also follows the same strategy of FMCG. The products are available globally at every vending machines, grocery stores, wholesale clubs, drug stores, malls, hospitals and department stores. It could be bought from the online stores like Big basket, eBay and Amazon as well. It has a very effective distribution network. It has distributed all its products in foreign markets including India. All the major developing countries and cities are covered by the distribution network of the company. Promotion The product promotion of the company is done through television advertisement, magazine advertisements and through billboards. The main aim of the company is to manufacture such products that would be enjoyed by everyone (Mythily 2015). It targets the kids aging from 2 to 15 years to the youngster and old people as well. Most of its advertisements are animated so as to appeal the imagination of the kids. However, the promotion of different product is different. For the promotion of Bourneville, the company has kept a position that- You dont buy a Bourneville, you earn it. The Cadbury celebration has a good customer base, where the chocolates are brought in huge amount and are given to the employers, vendors and clients (SB and Sailaja 2014). marketing. SWOT analysis Strengths Mondelez has built a strong dealer and distributor community within few years of its emergence and this has made the dealers to invest in training their sales executives for pitching different consumers in different unique ways. In has recently invested in the Global Research and Development Hubs in Poland, Brazil, Mexico and India, that is helping them in recruiting better candidates as well as retaining and developing talents across a huge range of fields. As discussed above, it has billion dollar brands such a Cadbury Dairy milk, Oreo, Milka, Trident gum, Halls candy and Toblerone etc. These brand are aiding to revenue for Mondelez (Pai and Subramanian 2014). Weaknesses There is a fluctuation in the EPS (Earning per Share). The EPS was decreased by 76.4% in the year 2016 and was increased by 246.9% in the year 2015. Such a fluctuation suggests that there is unevenness in the execution of the strategies. From the below mentioned graph, it can be depicted that there was a notable decline in the total revenue in the year 2016 by 10.5% and in the year 2015 by 13.5% (Das nair, Nkhonjera and Ziba 2017). Graph: Revenue history of Mondelez (Das nair, Nkhonjera and Ziba 2017) Opportunities There is a significant reduction in the sales of biscuits in Latin America. In the year 2016, it was reduced to 734 million dollars from 1605 million dollars, which was about 54%. Hence, the company can increase its sales of biscuit in Latin America.. The company can also diversify its product portfolio by adding into it other segments such as that of snacks. Mondelez can expand its business in other developing nations (Leonidou, Katsikeas and Morgan 2013) Threats The growing strengths of the local distributers Increase in competition in the modern business market among the competitors, some of its major competitors is Mars, Hershey and Cargill and they truly have a powerful brand reputation in the market (Leonidou et al. 2013). The cost of the products used to make the company products is rising along with increase in fuel cost, labor cost, distribution cost etc (Tate et al. 2014). This is resulting in reduction of the margins of the brand. Company position among the other three Among Barry Callebaut, Hershey and Cargill, Mondelez is ranking number two after Hershey. It is the second leading chocolate manufacturing companies after Hershey. Sustainable marketing principles The company has launched a website for its customers called the DearCadbury.com, with an aim to make its customers aware regarding ethical sourcing and the environment (Sakas, Vlachos and Dimitris 2014). Targeted at the customers, schools and its own workers, Mondelez is making sustainability as major part of its long-term strategy with a hope that the website will reflect this. The company also considers the needs of each of its customers, right from the kids to the older ones or say, from the impulse purchase to the family treats (Casadesus, Masanell and Zhu 2013). Mondelez designs its products to coincide with the Easter, Christmas, Fathers and Mothers day and various other calendar landmarks. Cadbury also uses the Choose Cadbury marketing strategy in order to encourage a relation between these events and the chocolates. Furthermore, the company follows distribution strategy. Though the company is following FMCS, still it is unable to make its products available in some of the urban and rural regions. However, it makes its products available through the CF from the wholesaler or the retailers to the end users and this is a three tier distribution approach. Conclusions From the above analysis it is clear that Mondelez is indeed a leading American confectionary, food and beverage company that has the potential to become the top most company in the list of the best food and beverage companies. However, based on the above analysis there are few recommendations made below: Single marketing strategy is not sufficient in order to achieve the strategic objectives in such a contemporary business environment. Hence, Mondelez should apply the mixture of strategic marketing models whose optimal combination would rely on individual conditions in particular to targeted markets of the individual. It must differ in its strategic approaches depending on different individual market. References: Berg, B., 2016.As sweet as it gets: Corporate social responsibility in the confectionery industry(Doctoral dissertation, Quinnipiac University). Casadesus?Masanell, R. and Zhu, F., 2013. Business model innovation and competitive imitation: The case of sponsor?based business models.Strategic management journal,34(4), pp.464-482. Das Nair, R., Nkhonjera, M. and Ziba, F., 2017. Growth and Development in the Sugar to Confectionery Value Chain. Fernandes, S.F., Gupta, P. and Vidyasagar, A., 2016. Cadbury IndiaSweet Turning Sour.Ushus-Journal of Business Management,15(4), pp.37-54. Leonidou, C., Katsikeas, C., Morgan, N. 2013 "Greening" the marketing mix: do firms do it and does itpay off?. Journal of the Academy of Marketing Science, 41(2), 151-170. Leonidou, L.C., Leonidou, C.N., Fotiadis, T.A. and Zeriti, A., 2013. Resources and capabilities as drivers of hotel environmental marketing strategy: Implications for competitive advantage and performance.Tourism Management,35, pp.94-110. MacGregor, J.F., Liu, Z., Bruwer, M.J., Polsky, B. and Visscher, G., 2016. Setting simultaneous specifications on multiple raw materials to ensure product quality and minimize risk.Chemometrics and Intelligent Laboratory Systems,157, pp.96-103. Mythily, G., 2015. A SURVEY ON CONSUMER BUYING BEHAVIOR AND BRAND AWARENESS OF CADBURY AMONG STUDENTS IN SCHOOL AND COLLEGE CANTEENS IN CHENNAI.International Journal of Management Research and Reviews,5(12), p.1204. Pai, V.S. and Subramanian, R., 2014. Kraft Foods, Inc. in IndiaThe Cadbury Acquisition.Asian Case Research Journal,18(02), pp.371-399. Sakas, D., Vlachos, D. and Nasiopoulos, D., 2014. Modelling strategic management for the development of competitive advantage, based on technology.Journal of Systems and Information Technology,16(3), pp.187-209. SB, P. and Sailaja, M.V., 2014. Consumer Involvement in Brand Positioning (A Study on ITC FMCG Products at Organized Retail outlets).International Journal of Scientific Research and Management,2(6). SHRIVASTAVA, A.K., 2016. COMPARATIVE ANALYSIS OF FAST MOVING CONSUMER GOODS: AN EMPIRICAL ANALYSIS OF CADBURY AND NESTLE.Global Journal of Multidisciplinary Studies,5(3). Tate, W.L., Ellram, L.M., Schoenherr, T. and Petersen, K.J., 2014. Global competitive conditions driving the manufacturing location decision.Business Horizons,57(3), pp.381-390.
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