* 1. HENRY SY Age: 81 Net Worth: 1.5 Marital Status: married‚ 6 children JOHN GOKONGWEI NETWORTH: $430 million AGE: 81 MARITAL STATUS: Married‚ 6 children * 2. THE LIGHTER SIDE OF THE HEAVYWEIGHTS Residential centers is garments His clothes off the rack at a bargain sale at Robinsons Ready-Made shirts‚ his tailor is Aman Hing Chiong‚ whose shop is at the Mandarin Hotel in Hongkong Not known to be extravagant with his emotions or demonstrations of feelings He likes the Russian composers romanticists
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I. Statement of the problem * Henry Sy and John Gokongwei continuity. II. objectives * To determine the way on how their business well continue without breaking the very large company. * To mark out few possible causes of action that will lead to the down fall of business. III. are of consideration Henry Sy and John Gokongwei have both family members who are capable of running the business. They both have children who are very inclined to business. Since their early aged ‚ they
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A case study about Henry Sy and John Gokongwei’s success. Case Background Henry Sy and John Gokongwei were both born very poor. This situation‚ one may conclude‚ served as a blessing for the two most celebrated entrepreneurs in the Philippines on their journey to wealth.Shoeless and with only clothes on his back‚ Henry Sy started his entrepreneurial career by tending at his father’s sari-sari store in Cebu. But Henry dreamed of something big for his future. Hedreamed of having his own business to
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Chapter 1: Accounting Information Systems: An Overview 1. SYSTEMS‚ DATA‚ AND INFORMATION 1) A system is: (1) A set of interrelated components (2) That interact (3) To achieve a goal a) Most systems are composed of smaller subsystems . . . b) Every organization has goals. c) The susbsystems should be designed to maximize achievement of the organization’s goals d) Even to the detriment of the subsystem itself i)
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Henry Sy: Life‚ Works & Achievements Pietros Val Patricio Industrialist: Henry Sy Ethnicity: Chinese Country: Philippines Age: 82 Business: Retailing Fortune: $2.1 Billion Conglomerate: The SM Group of Companies SM Prime Holdings SM Investments Corp. SM Developments Corp. SM Shoemart‚ Inc. Highlands Prime‚ Inc. Charity: SM Foundation‚ Inc. Introduction One night at the North Forbes Park district of Makati‚ there was an old man who happened to lie down
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Biography Early life Henry Sy was born to a poor family in Xiamen‚ China on December 25‚1924. He is the son of Henry H. Sy. He immigrated to the Philippines and got his start by selling rejected and overrun shoes from Tondo.[2] He completed his secondary education in a school now known as Chiang Kai Shek College [3] and earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950.[4] Foray into business In 1958‚ Sy established a small shoe store in Quiapo‚ Manila
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Our company‚ SM‚ as many of you may already know‚ came from the hard work of my dad‚ Henry Sy‚ Sr. It is a rags to riches story that even myself did not realize until I went to trace his roots in China. His journey from the thatched hut I saw there to the shopping centers he has today is something that amazes even myself. His determination‚ his discipline and his thriftiness have produced an astute and street smart businessman who has influenced a lot of people. Including us‚ his children. My
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successful businessman. From the motivational blog of Lloyd Luna‚ Henry Sy started as young as 12 years old in helping his father in their sari-sari store business day and night for more than 12 hours. Through that small business‚ he was able to earn an income for his daily needs. However‚ their sari-sari store was burned during the World War 2‚ for this reason‚ his family had difficulty to survive in their day-to-day needs. Henry Sy managed to use this catastrophic situation in order to rise up and
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John L. Gokongwei‚ Jr. was born August 11‚ 1926 in Gulangyu‚ Xiamen‚ Fujian Province‚ China is a Chinese Filipino businessman with holdings in telecommunications‚ financial services‚ petrochemicals‚ power generation‚ aviation and livestock farming. As of 2012‚ Gokongwei is the third richest entrepreneur in the Philippines with a networth of $3.2 billion‚ ranking behind only to Henry Sy and Lucio Tan. His parents are Juanita Marquez Lim and John Gokongwei Sr. Gokongwei being the eldest child among
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(ES 21) – B1 September 04‚ 2014 Henry Sy Sr.: From Rags to Riches On December 25‚ 1923‚ a boy named Sy Chi Shieng was born on a small village in Southern China. His father was a trader seeking opportunities for a place where economic progress was bright and promising. Back then‚ the Philippines was the country that had this special distinction that’s why he migrated. He later followed his Dad and migrated to the Pgilippines at the age of twelve. Since then‚ Sy Chi Sieng only had one goal in life:
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