Supply Chain Management And Malaysian Palm Oil Industry

This Piece of Essay will show in depth that what is meant by â€Å"Sustainable Supply Chain Management† and its relation to Malaysian Palm Oil industry. The use of Supply chain management in Malaysian palm oil industry and diverse areas will be discussed. Further discussing what businesses and managers should consider utilising Malaysian palm oil like the challenges and downstream issues. This will be linked with different perspective like diverse workforce, issues of social responsibility and challenges of leadership. Then further discussing ethical responsibilities of consumers of palm oil industries. â€Å"Sustainable Supply Chain Management and Malaysian palm oil industry† â€Å"The best companies around the world are discovering a powerful new†¦show more content†¦The manufacturer (whether he is a manufacturer of a product or a provider of any service) keeps these people in mind while producing his commodity so that these people are satisfied by the product which is being sold to them. Their satisfaction is known as consumer satisfaction and if they are satisfied then profits for the firm become quite inevitable (Lambert, 2005). The rationale behind this is very simple as your consumer becomes more satisfied, he will become more loyal to your product and will prefer to purchase your product only and the priority over other competitors will be set on your product. SCM is a dynamic concept, it doesn’t necessarily move in the same direction. It can be upstream and it can be downstream as well. Supply chains are not supposed to be considered linear every time (GarcÄ ±a-Dastugue, 2003). Upstream chains talk about those links which are com ing into the organization and it could be in the form of raw materials or any sort of necessary information that is produced by the firm and then going outside (Simatupang, 2005). On the contrary, it can be downstream where finished goods are taken out of the organization. Downstream chains are those links through which the information or the product is taken out of the organization and it will be provided to its stakeholders (Halldorsson, 2007). The beauty of this concept can only be seen if the link is two-way. By a two-way link what we mean is that if some sort of information is transmittedShow MoreRelated SWOT Analysis of Sime Darby Company in Indonesia, Malaysia1975 Words   |  8 PagesCompany Background Almost 200 years ago, pioneering English planters established rubber plantations in Malaya, most of which later converted into oil palm. These pioneers were Alexander Guthrie, Daniel and Smith Harrison, Joseph Crosfield, William Sime and Henry d’Esterre and Herbert Mitford Darby – founders of three companies that makes Sime Darby Berhad today. The below table shows the three entities and their trades. (Sime Darby Online, 2014) These three entities merged in November 2007 to formRead MoreComparative Annual Report7272 Words   |  30 Pagespurpose of this project is to analyze the annual reports between two industries. For our project paper, we have focus on services and plantation industries and compared two annual reports for the year 2009 between DRB-HICOM BERHAD and TRADEWINDS PLANTATION BERHAD respectively. This comparison would describe about these two industries; what is the similarities disclosure and differences disclosure between services and plantation industries besides the implication of disclosure and presentation of financialRead MoreAnalysis of Ioi Corporation Berhad Performance Based on 5 Years Financial Report4727 Words   |  19 Pagesof IOI Corporation Berhad The group’s principal activity is manufacturing of oleo chemicals, palm oil refinery and palm kernel crushing. However, IOI divide their group activities into 5 segments; Plantation, Property Development, Property Investment, Resource-based Manufacturing, and Other operations segment. Plantation segments focus in cultivation of oil palm and rubber and processing of palm oil. Property Development is engaged in the development of residential and commercial properties. InvestmentRead MoreTan Sri Lim Goh Tong Biography7572 Words   |  31 PagesMr Tan Sri Lim Goh Tong History Tan Sri Lim Goh Tong (February 28, 1918 – October 23, 2007) was well-known for wealth as Malaysian Chinese businessman. He was recognized for his vision and courage in converting Genting Highlands from an unfamiliar hilltop to one of the worlds most successful casino resorts. He was once the 3rd richest man in Malaysia with a net worth estimated to be 4.2 billion USD, making him the 204th richest person in the billionaire list compiled by Forbes. AndRead MoreTan Sri Lim Goh Tong Biography7565 Words   |  31 PagesMr Tan Sri Lim Goh Tong History Tan Sri Lim Goh Tong (February 28, 1918 – October 23, 2007) was well-known for wealth as Malaysian Chinese businessman. He was recognized for his vision and courage in converting Genting Highlands from an unfamiliar hilltop to one of the worlds most successful casino resorts. He was once the 3rd richest man in Malaysia with a net worth estimated to be 4.2 billion USD, making him the 204th richest person in the billionaire list compiled by Forbes. And to hisRead MoreResearch on Dalda Cooking Oil8217 Words   |  33 Pages |PAGE No | |INTRODUCTION | 2-4 | |Pakistan Edible Oil Industry Overview |5-6 | |Introduction History Of Dalda |5-6Read MoreEvaluating External Environment and Business Ethics: Samsung in Malaysia Case Study4568 Words   |  18 Pagesengineering for exports in Peninsular Malaysia during the 19th century, by 1883 Malaysia had turned into the biggest tin creator in the world (Miller, J. A., 2002). By the end of the 19th century, it was providing approximately 54% of the worlds tin. Palm oil and rubber are also important exports during this period. Samsung: Executive Summary Samsung Electronics was a company that had been established around the yard of 1969 and became an organization that was effectively industrialized its own productsRead MoreKFC ASSESSMENT4269 Words   |  18 Pagesï » ¿Table of content Introduction KFC is the largest and most famous brand in the quick service restaurants of the fast food industry in Malaysia. The firm opened its first outlet in Jalan Tungu Abdul Rahman in 1973. Today the firm boasts 390 restaurants nationwide and controls 35% market share of the fast food industry in Malaysia. Source: http://www.kfcholdings.com.my/English/Flashsite/BusinessUnits/Restaurants_KFC.asp Company vision: â€Å"To be the leading integrated food services groupRead MoreGreen Incentives in Malaysia3216 Words   |  13 Pagescountries such as UK, Japan have implemented strict environmental policies to enhance the quality on the environment and to preserve the sustainability of its resources. It is viewed that Malaysia’s effort has been marginal in achieving effective management of resources, pollution control and prevention of environmental degradation. Tax Incentives ENERGY Energy sector is one of the target sectors of Green Technology under the National Green Technology Policy. Various attractive incentives are givenRead MoreInternational Trade And The Uk4694 Words   |  19 PagesBeing an open economy also means that people from foreign countries can come to the UK and open their own business and start trading (Gabriele Giudice, 2012). The Malaysian conglomerate Sime Darby offered to buy New Britain Palm Oil and because they are offering to buy a company in the UK they can bring palm oil into the UK. Palm oil has a high demand so buying this company will enhance the GDP in the UK and also create jobs. 1.2 Comparative advantage is when an individual or company is made to

Dictatorship And The Concept Of Good Government - 1221 Words

Dictatorship and the Concept of Good Government Introduction The government form of dictatorship (literally, ‘a chief magistrate’ from Latin ) is a form of government in which one person or a small group possesses absolute power without effective constitutional limitations , and is often stood in direct contrast to the government form of democracy (literally, ‘rule by the people’ from Latin ), a system of government in which all the people of a state... are involved in making decisions about its affairs, typically by voting to elect representatives to a parliament or similar assembly. ‘Good government’ is the description of how a government is supposed to be constituted and run, under the principles of good government. To be classed as a†¦show more content†¦Promising to uphold the tenants of democracy after the political instability of a military coup had subsided, Amin’s legitimacy as third president of Uganda began to be cemented in the United Kingdom, among other parts of the western world whilst these aforementioned crimes against humanity continued. It would not be until 1977 when the UK would officially sever diplomatic ties with the dictator8. Consensus Oriented Consensus decision-making is a group decision-making process in which group members develop, and agree to support, a decision in the best interest of the whole . This is displayed within the context of Australia’s representative democracy in two steps; first, via the delegates/representatives who stand for the will of the people are elected via consensus at an election, where the elected are those with the popular vote; and secondly, via the delegates/representatives standing for the will of the people during parliamentary hearings, where, once again, the popular vote is taken as the choice that will be enacted. Contrastingly, in dictatorial Uganda, these group decision-making processes are completely ignored. The will of one man – Idi Amin – is viewed as that of the people, who will then be forced into submission or face threats of thuggery, extortion, or public execution . This breaches the tenant as this is not the will of popular opinion of the people, however, a subset of the people who have the power (the dictator

What Men Live by free essay sample

Tolstoy What Men Live By is a story about a shoemaker named Simon. He did not have house or any land of his own. He earned his living by work to feed his wife and children. They had to share a sheepskin coat because he only had enough money to spend on food. Now he needed a new one because his only coat was worn out. He had money saved for his wife and he was supposed to get some from his customers. When he went to collect the money, no one had it for him and he only managed to get a small amount of money and he spent it on drinks. On his way home, he saw a man sitting naked on a rock. He gave his coat to him and brought him home. When his wife saw that he was drunk and also brought home a stranger, she was really mad. We will write a custom essay sample on What Men Live by or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Then she felt bad for the man and gave him food. The next morning, Simon told him to identify himself and he said his name was Michael. He knew the trade of shoe-making very fast. Within a year, his fame spread far and wide and Simon became rich. One day, a man came with a piece of leather that he wanted a long pair of boots made out of. Michael started working and instead of making boots, he made a pair of soft slippers. Simon was amazed. But the man who ordered the boots died and his mistress wanted soft slippers instead. A couple years passed by when one day a lady came to Simon’s place with 2 young girls, one was cripple. The woman went on to explain that they were not her children, but she takes care of them because their mother died. When the mom and the girls left, Michael spoke about himself saying that now God has forgiven him. He was actually an angel of God, who was sent to earth to get the soul of the mother of those girls. Michael who was a good angel learned the answers to the 3 questions God sent him to answer- what dwells in men? What is given to man? What do men live by? He learned from Simon’s wife that love dwells in man. He made the slippers because he knew that the man would not live to wear the boots so he made the slippers. He saw that it is not given to man to know his own needs. And lastly, he realized that all men live not by the thoughts they spend in their own welfare, but because love exist in man. I personally loved the story. It really makes you appreciate what you have in life and the actual beauty behind every little thing you do. A lesson can be learned from everything you do. You have to see God in everything you do.

Software Licensing Essays - Intellectual Property Law, Monopoly

Software Licensing In 1993 worldwide illegal copying of domestic and international software cost $12.5 billion to the software industry, with a loss of $2.2 billion in the United States alone. Estimates show that over 40 percent of U.S. software company revenues are generated overseas, yet nearly 85 percent of the software industry's piracy losses occurred outside of the United States borders. The Software Publishers Association indicated that approximately 35 percent of the business software in the United States was obtained illegally, which 30 percent of the piracy occurs in corporate settings. In a corporate setting or business, every computer must have its own set of original software and the appropriate number of manuals. It is illegal for a corporation or business to purchase a single set of original software and then load that software onto more than one computer, or lend, copy or distribute software for any reason without the prior written consent of the software manufacturer. Many software man agers are concerned with the legal compliance, along with asset management and costs at their organizations. Many firms involve their legal departments and human resources in regards to software distribution and licensing. Information can qualify to be property in two ways; patent law and copyright laws which are creations of federal statutes, pursuant to Constitutional grant of legislative authority. In order for the government to prosecute the unauthorized copying of computerized information as theft, it must first rely on other theories of information-as-property. Trade secret laws are created by state law, and most jurisdictions have laws that criminalize the violations of a trade-secret holder=s rights in the secret. The definition of a trade secret varies somewhat from state to state, but commonly have the same elements. For example, AThe information must be secret, Anot of public knowledge or of general knowledge in the trade or business, a court will allow a trade secret to be used by someone who discovered or developed the trade secret independently or if the holder does not take adequate precautions to protect the secret. In 1964 the United States Copyright Office began to register software as a form of literary expression. The office based its decision on White-Smith Music Co. v. Apollo , where the Supreme Court determined that a piano roll used in a player piano did not infringe upon copyrighted music because the roll was part of a mechanical device. Since a computer program is textual, like a book, yet also mechanical, like the piano roll in White-Smith, the Copyright Office granted copyright protection under the rule of doubt. In 1974, Congress created the Natural Commission on New Technological Uses (CONTU) to investigate whether the evolving computer technology field outpaced the existing copyright laws and also to determine the extent of copyright protection for computer programs. CONTU concluded that while copyright protection should extend beyond the literal source code of a computer program, evolving case law should determine the extent of protection. The commission also felt copyright was the best alternative among existing intellectual property protective mechanisms, and CONTU rejected trade secret and patents as viable protective mechanisms. The CONTU report resulted in the 1980 Computer Software Act, and the report acts as informal legislative history to aid the courts in interpreting the Act. In 1980 The Copyright Act was amended to explicitly include computer programs. Title 17 to the United States Code states that it is illegal to make or to distribute copies of copyrighted material without authorization, except for the user=s right to make a single backup copy for archival purposes. Any written material (including computer programs) fixed in a tangible form (written somewhere i.e. printout) is considered copyrighted without any additional action on the part of the author. Therefore, it is not necessary that a copy of the software program be deposited with the Copyright Office in Washington, D.C. for the program to be protected as copyrighted. With that in mind then a copyright is a property right only. In order to prevent anyone from selling your software programs, you must ask a court (federal) to stop that person by an injunction and to give you damages for the injury they have done to you by selling the program. The Software Rental Amendments Act Public Law