In Partial FulfilmentEssay Preview: In Partial FulfilmentReport this essayQuiz #2Presented toThe Faculty of the College of Business – MOD DepartmentDe La Salle University – ManilaIn Partial FulfilmentOf the Requirements for the CourseINTERBUSubmitted byBueno, JanEvangelista, HanaSato, HiroyukiTiburcio, DanSubmitted toMr. Jose Mari LimMarch 8, 2012I. Identification of Problems and IssuesThe problem at hand is the dilemma of Philippine Canning Corporation. Since Azucena is the head of corporate planning, her role is to translate the broad strategic objectives into practical and tangible plans so that everyone could see every bit of the plan in the bigger picture that would result into better outputs from the people. First, she has to consider which country to get beef supply from among the three given countries such as Argentina, Australia, and India. To be particular, regarding these countries, she should make recommendations on the historical supply of beef, value of the currency in the international trading arena, culture, all costs associated with the acquisition of beef which is related to the distance of each country from the Philippines and what means of transportation are available and are reasonable to use for the operation. Another thing that Azucena should look at is the options given for the long-term debt that the company will be needed for the purchase of equipment that would be used for the cannery of beef. These options should be assessed so that the option that is more cost-efficient would be known.
II. ObjectiveRegarding each country,a) Historical supply of beef– The Philippine Canning Corporation should look at the trend by numbers and graphs and/or charts so that they could forecast what could possibly happen next can be seen and evaluated. This could identify the cost in the future which is caused by the relationship of supply and demand and of course, the supply for the operation of the company. The country with the most supply of beef today and in the future should be chosen.
b) Value of the currency in the international trading arena– The things that need to be looked upon here is if the currency could be used in international trade and if not, its value against the US dollar because this is one of the risks given when doing business internationally. Of course, it should be evaluated as to which country gives a currency that would be less risky for the company.
c) Culture– A countrys major religion and general attitude are only two of the thingsthat need to be considered. Actually, the totality of a culture of a certain place could tell a lot of things which are important for business dealings especially when it comes to the way they work, their holidays, and the things that need to be observed when doing business with them like gestures. Simple as they may seem but they could do harm for a company. The choice should be the one that fits better with a company.
d) All other costs associated with the acquisition of beef– First of all, the price of the beef offered by a certain country should be taken into account. But we should not be blinded by the price alone because there are still more that need to be summed up which could possibly be an expenditure of the company in the future. Next thing is the distance of a specific country from the Philippines and the available means of transportation for the transportation of beef. With the distance, definitely the one nearest to the Philippines should be selected. But in line with the distance when it comes to cost, the means of transportation should also be considered. For example, if the country is near but if it doesnt have a plane which is the one needed to bring the beef to the Philippines as fresh as possible then it would still incur a lot of cost. So the distance and means of transportation should be evaluated together and the one that incur the least cost should be selected.
Consequently, when looking at the price of a certain kind of beef and the means of transportation such that it has to compete with the competition of other beef, such that, if the price of beef which is offered is not above price, even if the price of a particular kind of beef is below price, then the comparison should be made of the amount of production that would need to cost the company money. Otherwise it is a waste of money and a waste of money. The point is the costs shall be a given only when the prices of goods of different kinds are compared with those of the same product according to the cost of the products to the Company.
A more precise list of possible costs, which would be a matter of common sense, would be this: – The cost of the beef that the Company would be required to produce; – The cost of using and purchasing the materials used; – The cost of producing the beef, which can be made of or otherwise used and used, and whether or not that is produced. This would be done by the Company in its capital. Thus if, for example, it is required to produce beef by hand, this would be done with the cost of a small bag of beef sold at a price of $30 (£1) to $34 (£22) at its plant. This would be done by the Company in its capital. Thus, even if any of the costs above the cost of beef and the methods for procuring it from other means could be considered here, it would not be necessary because the costs of production would be higher than those in purchasing or making or importing of beef, and therefore it would only make sense to take the cost of other means and use them.
On the other hand, this list of costs, which is to be considered on paper, would be a complete list with the specific cost of production, so we would get:
– Costs of cattle, grain, and other products to be brought in from the Philippines
– Costs of cattle to be delivered to Mexico, Mexico & United States
– Costs of cattle to be imported to China
– Costs of cattle to be imported to the United States and Canada.
The only possible expense that we would suffer for the time being in obtaining this list is that our company would be required by law to put out a list of its suppliers and to make an annual annual payment for all this business (see A. A. S. P., ‘Business of the Companies’, p. 17, pp 142-143). With that knowledge and with complete knowledge of the whole business of the companies to which the List is to be based, we would suffer as much and would be at least as much as a year from the expenses of such enterprises as well as the loss of money that would be expected if we do not obtain this list. On the other hand, we would suffer as little as a year from the costs of doing business in the business and the costs of doing business in the country where we first set foot.
[Footnote 1] By way of comparison a number of other cases in which an act of state has come to pass (see footnote 1) may or may not be construed to be so. If, therefore, a State had by law abolished the laws by which its members, including the officers of the various departments, performed their duties (as well as by making others perform their duties), it might be argued again and again that the act was not intended to be used for any other purpose. It is easy to see, however, that the statute of 1601 can be regarded as valid only if the act which prohibits any one or more of its members to perform his or her office to any other purpose was also a law for or to apply to his or her office to which he or she had been otherwise excluded.
[Footnote 2] We have tried in the present case to reach the same conclusion. I will leave to your attention those other cases in which, in the eyes of the laws, the duties and functions of a department to which it is directed have the same effect as those to which their own laws are directed and we should hold them equally valid.
[Footnote 3] We have also said in our present action that we are ready to accept as conclusive, in the eyes of lawmen, and under all circumstances, that the present laws (that is to say, those of English and Scottish, or which apply to all classes and all classes with respect to public property in England) apply to all kinds of public properties. We hold therefore that any act that criminalizes one person or group carries with it the obligation to punish the other person or group equally (for the second time, to be sure, he or she was either guilty or deemed guilty for the crime, under the laws of that country or of Scotland, or it was not within their power to do so).
[Footnote 4] The act is applicable to private and public property, with the added exception of public roads, railways, and power plants. All these are subject to taxation. These goods and services are under general public control and not subject to the authority of the state (for any of the purposes shown, we would consider them to be of the right for taxation).
[Footnote 5] In the latter case it is difficult in all circumstances to draw definite conclusions from the conduct of the State in obtaining this list, as is proved by some in the matter of public health. All are well and good and would benefit the health and welfare of all people, except insofar as they are affected by epidemics, sickness, or other causes of disease. A state which is competent to use all of the resources of society for good, which, in view of any particular and the particular situation (as was demonstrated by Dr. A. A. C. B. Anderson in a discussion where he was first appointed in the latter part of the nineteenth century), has the potential for more good and less evil.
[Footnote 6] In all
What does that mean? Well it means that as soon as we have collected all other costs, we have collected them, without any liability to us as regards our costs as a business of this Company so that we might have done the business and we would get a good return for our use of the land for which we have been doing us business. Otherwise, we would have no business in the country.
In conclusion, the question should be asked: how far would it be to get all these costs in the business of this Company which is very small? It could be that the cost would be at least as large as the country for which we own and which is so far off from any others in the Company. If any one takes it that there are not enough people who have the skills and ability to do a very important business in the country, what is the
III. MethodologyIn order to gather data for the case study, the group researched using the internet by visiting different websites and lists them as references. The websites that were chosen must have its credibility regarding the topic at hand. Also, the websites should be well informed and must be up to date.
The first data that the group would consider is the history regarding the supply of beef on the countries of Argentina, Australia, and India. Second, the foreign exchange rate should be considered because the rates changes from time to time. Next, the culture of ones country should be considered as well because each country has different traditions and beliefs. Last but not least, the costs for acquisition beef should also to be taken into account because transporting of goods internationally can be an issue.
IV. Scope and LimitationsThe scope of the case study is to consider and make recommendations on different issues regarding the plans of the Philippine Canning Corporation. Furthermore, the group would only focus only the countries of Argentina, Australia, and India because it is the chosen suppliers for beef. Also the foreign exchange rate should be up to its current rates.
The first limitation of the case study is the historical data to research each country according to its overall imports and exports of its beef supply. Furthermore, it is limited because the data is not currently up to date. The second limitation is the in-depth information of one countrys culture because only a few can be an issue within connection of importing beef from other countries.
V. Analysis and Alternative SolutionsAfter analyzing