| | UNIVERSAL ROBINA CORPORATION | | | | Sector: | FOOD‚ BEVERAGE & TOBACCO | Incorporation Date: | 28 September 1954 | Extension: | -- | Corporate Life: | 50 years | As per AOI: | Number of Directors: | 9 | Ownership Restrictions: | 40% | As per By-Laws: | Stockholders Meeting: | Per By-Laws: third Thursday of April; For 2010: 15 April 2010‚ Record Date: 11 March 2010‚ Circ. No. 2046-2010 | Fiscal Year: | 01 October to 30 September | Business
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Activity #3 Q1. What are the factors that contributed to Universal Robina Corp’s success? Universal Robina Corporation (URC) traces its beginnings all the way back to 1954. John Gokongwei was doing very well then as a trader/importer. He had learned the trade when his father died before the war‚ and had worked hard through the war and postwar years to prosper. However‚ while he thrived‚ he took a long hard look at his company‚ and correctly predicted that trading would remain a low-margin business
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want the product or not. The root of this argument stems from the belief that marketers are only out to satisfy their own needs and really do not care about the needs of their customers. Exaggerating benefits of using a product Marketers are often criticized for exaggerating the benefits offered by their products. This is especially the case with the part of marketing that engages in customer communication‚ such as advertising and sales people. The most serious problems arise when product claims
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French etiquette‚ which means a good procedure for association between fellow human families. Meanwhile‚ ethics derived from the Latin‚ meaning moral philosophy and is the correct way of life from the standpoint of culture‚ morality‚ and religion. Business practice means practicing with the etiquette of business procedures so polite and courteous business life enjoyable because of mutual respect. Business etiquette applies to office life attitude‚ the attitude to face business associates‚ and the attitude in
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TECHNICAL NOTES Unethical Practices in Nigerian Engineering Industries: Complications for Project Management O. E. Alutu1 and M. L. Udhawuve2 Abstract: The purpose of the paper is to establish the unethical practices in engineering industries and identify the various factors that could encourage unethical practices in the nation’s life with a view to highlighting the findings for corruption-free management of projects. A sample of 226 was randomly selected for the study from a population of 12
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åHOME|MAIN | | Banks and Unethical Practices | Almost every business concern is involved in unethical practices in one way or the other and so are the banks in Pakistan. The primary source of information on this subject amongst other sources are publications of SBP and annual reports of Pakistan Banking Mohtasib which was established in 2005 to resolve banker-customer disputes and since then it has effectively contributed towards improvement in banking sector.Banks in Pakistan are involved
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Electronic exceeded the $150bn mark in the annual sales for the first time in its history. This makes it one of the world’s top three companies in the electronic industry after Siemens and Hewlett-Packard. Samsung’s all business units‚ including end-product and component businesses‚ posted solid earnings in last year thanks to strong sales of Galaxy smartphones and increased shipments of display panels used in tablets and smartphones‚ which put extra pressure on company to meet the demand of the market
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Alberto Martinez. Unethical Business Practices The modern business world is characterized for being aggressive and competitive. Companies must be alert and always ready to take advantage of opportunities as quickly as possible. If companies are not aggressive enough they risk losing business to other competitors. For all these reasons‚ many people now question whether there is a place for ethics in this highly competitive capitalist
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in which academic dishonesty is unethical and highly frowned upon; it leaves one to wonder if such unethical practices will carry over into the workforce. The attitude one has toward dishonesty while achieving academic goals can also be reflected in the way one conducts business. If such unethical practices are taken lightly while in school‚ there is always the possibility that they will be taken lightly while working in the business world. Dishonest practices are not only confined to the academic
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Unethical Research Practices Unethical research is commonly found within pharmaceutical companies. In a hurry to get new drugs to market‚ companies will often cut corners during the research process. Pharmaceutical companies will spend millions of dollars on drug research‚ but very little on unethical drug promotion (Parmar‚ Jalees‚ 2004). The purpose of this paper is to inform the reader of how unethical research practices can lead to death from both past and present case studies. Present Rizwan
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