Research Papers on Unicord PLC Company

Executive summary Unicord Public Limited Company PLC, was initiated in 1978 and its headquarters at Thailand. The organization was set up with the objective of processing seafood and its’ first attempt was to process tuna, a worldwide commodity that is consumed by many people. It specialized in manufacturing a wide variety of canned tuna and frozen seafood products and its’ factory was located in Samutsakhon. Unicord PLC was the main manufacturer, producer, and exporter of canned seafood in Thailand before it was taken over by Sea value Co. Ltd on 15 September 2005, at that time the production capacity of the company was 400 tones per day, and capital of 520 million baht. The success of the company was majorly as a result of its’ geographical location and its’ proximity to the prime fishing grounds and also because of committed staff who were labor cost effective and a strong top management skills. With continuous operation of the company, it diversified its’ product s to include: pet food for worldwide markets, wholesale exporter of frozen shrimp, and the distributers in turn sold it to restaurants and institutions under private labels. Problem statement Unicord PLC being one of the largest producers of seafood and the need to maintain its global objectives had several difficulties in its decision-making. How was it going to effectively maintain the market and at the same time be able offer low priced goods to its consumers? Dr. Dumri, the CEO and decision maker of Unicord was an intelligent business man but controlling imports and venturing into foreign markets was the greatest problem owing to the fact that there was many import restrictions, competition, and many environmentalist fighting for the conservation of nature. Analysis Business industry is one of the very challenging fields that require commitment and proper strategic planning by the management team. The fall of Unicord Company can be aligned to many causes: one, the Company hard poor coordination of activities in its subsidiary stations. The subsidiary stations operated solely by means of corporate managers with minimal supervision hence being short sighted on the major objective of the company. This problem was attributed to the negligence by the board of directors to solely entrust one person on major decisions of the company. Although Dr. Dumri was the initiator of the firm, he needed support and advice on major decisions of the firm. Challenges are better solved when shared than when one person handles it alone. This is because ideas are shared and suggestions are made, with proper debating on new ideas the firm can come up with a concrete solution which favors everyone and the economy at large (Sak Shaw, 2004). The environmentalists groups came up to defend the rise of dolphin killings. This was a critical issue in the foreign country and needed to be solved amicably. The group seeks to protect the aquatic lives and therefore had greater influence at the government level. For many years, the dolphins were killed and went unnoticed until late 1980s when the environmentalists reach out for their conservation. The government-introduced sanctions for those who were not obeying the rules and this reduce production of Tuna as many suppliers faced many restrictions in the prime fishing grounds. The problem was brought about by traditional methods used in fishing which did not conform to the conservation laws. Being a foreigner, there are many complications that a firm should undertake to be given full access to its operations, failure to which they can be expelled and loose many assets invested (Sak Shaw, 2004). The bumble bee acquisition was a great boost to the Unicord Company. This is because initially the company only sold the products to the United States as a foreign company, but this acquisition enabled them to operate internally and cut cost of tariffs. This could also see them improve sales since they were now close to the vast American market and definitely, the transportation cost would be minimized which in turn would increase the profits margin. The idea did not happen as it was expected, instead there was change of events; the local investors departed the country selling their fleets to foreign buyers and this led to introduction of embargo and it did not favor the Thai tuna company. Thai financial institution had invested a lot of funds to Unicord but due to the restrictions imposed, they declined to help the company further hence causing them incur a lot of financial constrains and further loss of effective operations and downfall of then firm. Unicord in this case did not fo resee this as a threat early enough due to their selfish interest of venturing into new markets and wanting to access the entire continent within a very short time (Nandi Shahid, 1998). In addition, business endeavors depend on proper utilization of resources and maintaining then company’s goodwill. When the environmentalist group sorts the government’s support on fight against dolphin killings, Unicord did not took the measures seriously, instead they just lied to the government and public that they had complied to the rules but doing the opposite by still using the rejected purse-seine fishing technique. The public in support for the movement purchase less of the tuna’s products and this lead to reduced sales and increased rate of competition for the inadequate market resulting to drop in price of the tuna. The consequences were too much to bear and to fight for the losses, Unicord turn to the media and advertise their products claiming that they had complied with the environmental laws and regulations. The advertisements also deem increased expenses for the company and low returns, which were not favorable to the organizational objectives (Na ndi Shahid, 1998). Competition is the other key factor that can never be ignored when it comes to business. Whenever a firm is on the verge, of success, other competitors emerge to derail the whole process and if not careful, the business will nose dive without reverse gear. Unicord faced a lot of competition, which made their operations difficult. There were mother companies like the American tuna industries that had deep roots in the market and penetrating it was so problematic. This led to fluctuation of prices and slowed the growth rate of the Unicord firm. Discussion of alternatives For the growth and expansion of a business enterprise, there need to be proper rules and regulations. At any given point, the company’s management needs to be checking the operations and formulate ways of overcoming difficulties. The set rules should be flexible and at the same time have the power and authority to be implemented within a stipulated time. Since the company is multilateral and operates across all the continents, the laws should be harmonized to suit all the investors and in particular, the major stake holders so as to stabilize their resources and maintained sustainability. The set rules should go hand in hand with the targets to be met by subsidiary companies in different countries of operation (Sak Shaw, 2004). The other alternative of solving problems is to embrace the diversity of ideas and share challenges. The decision making should not be left at the hands of one individual, man is to error, and everyone should accept corrections. Restructuring the hierarchy of needs of each country and working towards satisfying each separately is the best, i.e. the knowing the interests of a particular group and determining their wants depends on the openness of the top management and how each should be handled for people’s likes and likes varies from one country to the other and it’s only upon the accommodating the directors opinions that their needs can be satisfied. With new technological inventions in the market, the business industry should not be left behind. Applying modern technologies to manufacturing processes can be very beneficial and efficient. Unicord should have immediately used the acceptable methods of fishing other than purse-seine method. The legislation does allow the alternative method as long as it safe guards and protects the dolphins. This could have maintained the company’s image, reputation, and goodwill hence gaining trust of the customers who are the company’s major stake holders (Nandi Shahid, 1998). Recommendations We are living in a fast moving world and to attain the globalization goals and objectives, I recommend that the international law organizations should come up with harmonized international laws and regulations governing the business industry and the economy at large. The laws should allow free movement of people and transfer of technology. This will also lead to great awareness and reduce cases of ignorance where individuals assume that they can do anything in other countries without facing legal action. The laws should have the power to protect and promote everyone’s interests and reduces cases of hatred, racism, and corruption (Sak Shaw, 2004). Technology is very necessary for any organization to thrive in the world today. Unicord PLC has over the years faced the challenge of maintaining a good technological system, which is geared towards beating its competitors. The company should also implement the e-HR system which is powerful and which it allows the company to manage its employees in an efficient and effective manner. The e-HR system is also a method of making work easier by making sure that the process of recruitment and arrangement of workers is concerned. This will enable the company to expand and operate in foreign countries with much easier coordination of activities and the general productivity of the company. Technology is a modern tool that should be used in all levels for continued success of any company (Sak Shaw, 2004). In addition, since this is a food industry, I recommend that the company should joint hands with the environmentalists and support the conservation of nature. So instead of just harvesting the tuna it should determine other techniques of multiplying them by carrying out research and analyze how they can be made to mature faster hence avoiding the issues of destroying the young ones and the dolphins. The management should also ensure a conducive environment for the workers and promote team work by motivation and rewards to make them loyal and committed to their work (Sak Shaw, 2004). References Sak, O. and Shaw, J. (2004). International marketing: analysis and strategy. UK: Â  Routledge publishers. Nandi, P. and Shahid, S. (1998). Globalization and the evolving world society. Netherlands: Brill

A Study On Saudi Arabia Essay - 2058 Words

Another issue that was reported in Saudi Arabia was that the majority of breast cancer cases were presented in the advanced stages as 39.6% and16.9% were in regional (III) and distant (IV) stages respectively (Kingdom of Saudi Arabia Ministry of Health Saudi Cancer Registry, 2012). That was supported by a Saudi retrospective study carried out by Rudat, Brune-Erbe et al. (2012) who compared data of breast cancer patients in one of the tertiary hospitals in Saudi Arabia with American publications derived from the Surveillance Epidemiology and End Results (SEER) database between 2004 and 2011.The study revealed that Saudi Arabian breast cancer patients who were diagnosed with advanced stage breast cancer composed of 61.2% versus 28.6% of localized stage cancer in the US. 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The Struggle free essay sample

â€Å"That’s enough for today Prasun! Stop it!† said Deep, my brother. â€Å"I said freeze! Turn around, don’t move!† I quickly responded. I was in elementary school when this happened. I would run around the house playing cops and robbers with my brother and my cousin. My family thought it was â€Å"cute† that I wanted to be a cop. They would make fun of me about it just because I was a short and skinny kid. All throughout elementary school I imagined myself driving around New York, running after bad guys, jumping over fences, and arresting the bad guys to make the neighborhood safer. Just the idea of wearing a badge and running around the streets pointing my gun to protect people was exciting. The slogan used by the police, â€Å"To Protect and Serve† just had a nice ring to it; it gave me a feeling that I would always be safe. We will write a custom essay sample on The Struggle or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I wanted to be a hero like the other cops were. Throughout the years I have been repetitively asked the same question, â€Å"What are you going to be when you’re older?† And by whom was I asked this question? The whole Indian community, which consists of god knows how many people. Just picture a football field filled with people. Age didn’t really matter to the aunts and uncles, as long as I said I would either be a doctor or an engineer. You may be wondering, why those options? What’s a skinny Indian boy going to be? Obviously since I’m Indian they’re going to think that my future is going to be either in the medical field or go into engineering. My family believes no other field supports the family as much as those fields do. They do not understand the importance of other careers. As time went on a change occurred in me. I strayed from the path of becoming a cop, and instead I found my way onto a different path, one of protecting the whole country the military. â€Å"Why do you want to join the military Prasun?† my uncle, Dr. Bankim Parikh, asked me multiple times. Though he did not want me to join the military, he didn’t just ramble on about why I should not join the military; instead, he gave specific facts. He somehow managed to always have different facts every time we met, and every time, even if it was for a second he would catch up and ask me if I was still interested in the military. As I nodded to his question he would then continue with his attempt to stray me from the path. At this point I could tell that only my uncle knew I was being serious. Mostly everyone else in my family kept thinking I would grow out of the idea of joining the military. Even my parents didn’t take it too seriously until it was too late. As high school w ent on, I started to talk more and more about joining the military, started doing more research, requesting information, and the thought of joining the military scared them. They were 100% against the idea of me enlisting into the army. Though they told me that they supported me, I could see their worried faces every time that topic came up. What exactly do I love about the military? To me, the military is the toughest job: the job that no one wants, the job that is looked down upon. Soldiers go into combat every day. They risk their lives for people they don’t even know, and what do they get in return? A lousy salary? â€Å"Oh he’s probably joining the military because he didn’t do well in school.† As a child that comes from a family of two dentists, four doctors, two teacher assistants and two business men, I believe I have a rare opportunity to see the military for what it really is. I believe that the military is something that should be looked upon with the prestige that the title â€Å"doctor† receives. So even after all that, why did I choose to go into Pre-med? I believe that choosing the title of â€Å"doctor† will not only please my family, but it will also please me. I love helping people whether it is on the battlefield or if it is in a hospital. Even after I finish studying Pre-med in college, I will still join the military to give back what the soldiers have given me. I too will do my part and hope to inspire people. I too wish to have that level of discipline and selflessness that the soldiers have. Whether people can see it or not, I will always be a Doctor and a Soldier.

Research Proposal on Business Ethics Essay Example

Research Proposal on Business Ethics Essay Business ethics is a complicated set of norms which every business should fulfil. Business ethics touches upon all the core aspects of production, advertising and sale of goods and services. There is also a theory that business ethics is the set of the moral values, which are essential for the activity of business which are based on the believe, that the priority of business should not be the profit but the good for the customers. It is obvious that the problem of business ethics is quite complicated, because it is difficult to produce goods and services and sell them without any harmful techniques (for example, heavy advertisement), especially when there is solid competition on the market. Historically, business has always been a dangerous job, because every businessman had to conform to the life and rules of the country and the time he lived in. During the periods of war businessmen had to work for the development of their country and provide goods to support it. Business was involved into all conflicts and supported such phenomena as slavery and exploitation of colonies, etc. Business ethics is a part of the philosophy of business, which teaches to treat all the aspects of production, human resource management, advertising with dignity. A smart businessman should treat employees with respect, avoid discrimination, conduct the recruitment process correctly, produce only quality goods, which do not cause harm to consumers and avoid financial manipulations and connection with crime. Business ethics also touches upon global questions like immigration, globalization, unemployment, etc. We will write a custom essay sample on Research Proposal on Business Ethics specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Research Proposal on Business Ethics specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Research Proposal on Business Ethics specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Business ethics is a serious topic and every student who is interested in it has the right to research it deeper and prepare a detailed research paper on it. First of all he will have to complete a good persuasive business ethics research proposal in order to get the chance to write the research paper and the quality of the proposal should be very high to impress the professor. A successful research proposal should contain interesting, up-to-date brand new ideas, vast literature review and methodology sections and convincing evidence that the research can bring considerable contribution into the discipline or the topic under research. When there is a trouble with a research proposal a student can apply for help in the Internet and find a high-quality free example research proposal on business ethics there and improve his knowledge about the process of writing. Due to the creativity of the experienced writers a student can look through a good free sample research proposal on business ethics and understand how to analyze the topic well, and how to format the paper correctly composing the proper structure and making the required logical order of the data. NOTE!!! All free sample research proposals and examples on Business Ethics are 100% plagiarized, we are here to help you! EssayLib.com is a leading research proposal writing service, which can offer you the solution you have been looking for. With thousands of written research papers and proposals for Master’s and PhD degrees, we can give you exactly what you need at very affordable prices. Our experienced writers will prove you that high quality and exclusivity is a trademark of our products. We can guarantee your confidentiality and promise you strict on time delivery. There are many reasons for EssayLib.com to become your favorite research proposal writing service, but all we are asking you – just give us a try!