Thursday, February 20, 2020

BUSINESS STRATEGY Company case report (written document) Essay

BUSINESS STRATEGY Company case report (written document) - Essay Example It was also the first company to offer the well-known curry chicken in a canned form that was convenient. Currently, the company produces a range of Asian and non-Asian beverages. The Asia drinks come in a range of soy drinks, juice drinks and ready-to-drink teas. Specific brands include soya milk, black soy drinks, Laichi, sugar cane beverage, lemon tea, Winter melon, Chrysanthemum tea, Herbal tea and Green tea. In addition to beverages, the company also produces a vast range of culinary sauces. This include canned curry, condiments, culinary paste, spreads, instant noodles and vermicelli, and canned and jar food. These sauces do not contain preservatives. Yeo’s Malaysia delightful selection of refreshing Asian drinks is cherished in every occasion naturally. The company’s authentic taste is inspired by traditional drinks brewed in Asia and its range of thirst-quenching drinks is a delight to customers in many Asian and non-Asian households. The major markets for the c ompany are Malaysia, Singapore, China, IndoChina, Hong Kong, North Asia, South Asia/Asia Africa, Vietnam, US, Canada, Europe, Australia and New Zealand. Macro environment analysis of the industry using the PEST (Political, Economic, Social and Technology) model. The political environment in Malaysia provides a safe and stable environment for Yeo’s operate in. There are regulations, tariffs and requirements international businesses must conform to operate in Malaysia. Even though the government is liberalizing its tariff regime progressively, products that are in competition with products that are manufactured locally are still highly protected and the company benefits greatly from this. Malaysia is a high export oriented economy and this provides an ideal economic environment for Yeo’s Malaysia to operate in because the company relies both on local and export markets. The country’s economy is well performing and its business regulations, tariffs and requirements are more favorable for local manufacturers. The government also identified food and agribusinesses as the nation’s key opportunities and this has motivated large companies like Yeo’s to develop strong brands and distribution networks. These have led to the accumulation of large economic resources for the company. There are also bilateral trade agreements with between Malaysia and some of its major markets like Australia and this makes business more favorable to the company. The Asian community and the larger Yeo’s market are highly conscious about health and strongly emphasize on safety. In Malaysia specifically, foods and beverages undergo the strict inspection to ensure they comply with the stringiest standards. The company uses no preservatives in its culinary brands and the most minimal in its beverages. Soy products are identified as healthy food. This has favored the operation of the company in Malaysia and ensured company’s products are on the hig hest demand. Yeo’s Malaysia has made and maintained a courageous commitment to technology. The company has undertaken a notable computer development and training as one its major human resource agenda. Analysis of the beverage industry using Porter’s five forces model Porter (1998) identifies five forces that influence an industry. These are supplier power, threat of new entrants, threat of substitutes, rivalry and buyer power. One of the things that present a threat

Tuesday, February 4, 2020

Examining Insurance Policies Part 3 Essay Example | Topics and Well Written Essays - 500 words

Examining Insurance Policies Part 3 - Essay Example Airport premises liability coverage is an additional coverage to an aircraft liability insurance policy that covers for bodily injury or property damage that results from the use of airport premises for both the parking and storage of the aircraft. This basically implies that the policy coverage will apply only to your premises (Prather 17). This policy will include any if not all of the following coverage; personal injury, premises and operations liability insurance, contractual and premises medical payment insurance. However, the good thing about this policy is that the policy may be tailored to meet the particular requirements of the insured. Hull and liability coverage will mainly cover the aircraft with all its components which include the engine, the propeller and all the other systems and the permanently attached equipment to the aircraft in addition to the avionics (viation Cases 1945). Under the aircraft liability coverage, claims from risks that ay result to property damage and bodily injury or death by members of the public and passengers. Some of the endorsements that I would recommend is the CGL policy coverage which can be provided to premises liability, products and completed operations. Other additional coverage that will be covered against include personal injury liability, liability incurred in advertising the host liquor liability in addition to hanger keepers coverage in the case of FBO operations (Prather 21). This coverage I believe would suit you best as you have other services like the class room instructions while also conducting aerial tours in his aerial photography side job. Some of the exclusions you should look out for include the ground hanger keepers’ legal liability which will come into play especially when you hire out the aircraft. The cover will provide for liability of damage to the property when the damage occurs as a result of negligence when the property is under the control