3 companies on their way of Ethic

 1. Best ethical company
        Adidas
    As in my reseach , i found out that ADIDAS is one of the best ethical companies in the world.
    To become a zero-emission company, the adidas Group has overall environmental targets. These are focused on the year 2015. Some of the key ones are to:

• Cut our relative energy use by 20% 
• Make a total relative cut of 30% in our carbon emissions by also sourcing green energy 
• Reduce paper use by 50%, all on a per employee basis.

2. processing ethical company

     SHELL oil company
      Shell received worldwide attention for their involvement om the unfair trial and execution .they save oil in the nothern sea . but now , Shell, a company with traditionally one of the worst reputations among environmental and social pressure groups, has made enormous effort to reinvent itself as a socially responsible business.

3. super awful bad company :
     KFC(Kentucky Fried Chicken (restaurant chain)
    As folks know that KFC's fried chicken wings are really delicious, and i personal also loved the chicken wings from KFC.  But i am pretty sure that you guys would not want eat the chicken wings from KFC again after you read this sad narrative from those chicken from the KFC's farm.
      The KFC suppliers cram these chicken into huge waste-filled fatories, breed and drug them to grow as big as they cant, and that caused those chicken cant even walk , and also oftenly break their wings and legs. The suppliers allowed the workers who work in the farm to torch chickens, they steped on the chicken and jumped on the chicken to kill them or they punch chickens on the cage, that why some chickens became cripple or break wings.
           At slaughter, the bird's throats are slit and they are dropping into tanks of scalding- hot water --- often at that time, these chicken are still in CONSCIOUS!!!
       However, KFC never takes any suggestion from the animal welfare advisers even they have asked the company to take steps to eliminate these abuses to Animal!!!!!  ANYWAY KFC are shameless and malicious!!! 






 

interview with an owner

during my IB business study, i complete an interview with an owner
i visited a married couple, who have being immigrated for 10 years.
they are running the business which belongs to Secondary sector.they have being running business since 5years ago. it is a long story to tell, they have being done so many kinds of business and jobs.
now, they are sole trader, and suppliers to shops. their job is exports commodities from China to Slovakia, and sell stocks to shops' owner, earning profits from between.
As i mentioned before, that they have been go through many different works, to found out the best one for them.

the reason they have choose to be sole trader was because- As  the owner has full control and able to keep all profit.
although the good thing is the owner can keep all profit, however, there is still some risks in this type of business, for example, there are more international stock shops and more shopping mall has built up. it kills the amount of clients and the demand.
however, they have some great strengths, it is their experiences. they did so many kind of jobs, and they are really hard-working.
they make the profits between shops and suppliers.

• what type of market research did this require?

             it is clothing market.

•   what did you anticipate would be the greatest challenge?

            i wont able to work so hard...and this business, we have to fly between original location and sellig location. the cost of it is the owner's health.

• do you have a mission statement?

            they just earn enough money to make them happy, but not deficit

• explain the different objective for your business?

       

• were there any ethical considerations you had to make?

             no

world business news 2nd of November

Germany warns Greece over rescue
the eruozone plan to save greece from bankruptcy is not up for renegotiation, Germany has warned, ahead of emergency talks with greece and france.
Greek PM George Papandreou is to meet France's Nicolas Sarkozy and Germany's Angela Merkel later on Thursday.
President Sarkozy had thought the priority would be presenting to the wider world a done deal for the Eurozone rescue and asking for active international support, particularly from China.
But instead, Mr Papandreou's move has left Mr Sarkozy, and German Chancellor Angela Merkel appalled by the uncertainty, and the damage already done, our correspondent says.
Mr Papandreou is expected to say that he had no choice: a referendum was vital to try to overcome resistance on the streets to deepening cuts - and a possible alternative of snap elections would risk Greece defaulting on its debt.
Furthermore, the Greek government faces a crucial confidence vote in parliament on Friday.
One MP from the governing Pasok party has resigned, cutting Mr Papandreou's parliamentary majority to two - and six other leading party members have called on him to resign.
The planned referendum threatens to unravel a deal reached at a EU summit last week aimed at resolving the euro debt crisis.
Leaders agreed on a 100bn-euro loan (£86bn; $140bn) to Athens and a 50% debt write-off.
But in return, Greece must make deep cuts in public spending, slashing pensions and wages and making thousands of civil servants redundant

world news in 17th of October

Apple wins battle to block Samsung tablets in Australia

An Australian court has temporarily banned the sale of Samsung Electronics' tablet computer in Australia, a victory for Apple in its global patent dispute with the South Korean company.

Apple has accused Samsung of copying its touch-screen technology for its Galaxy Tab 10.1.
The two companies are embroiled in legal battles in 9 countries.

Samsung is one of Apple's biggest challengers in the smartphone and tablet industry.

The decision by the federal court threatens to hurt Samsung's position in the Australian market, as it could miss the lucrative Christmas season.

The two companies have been locked in patent disputes since April, with each accusing the other of infringing patents.
Apple has already won a victory in Germany, Europe's biggest economy, banning the sale of the Galaxy Tab 10.1. An appeal hearing is expected in that case.
Last week, Samsung said it would try to stop the sale of Apple's iPhone 4S in France and Italy, accusing the company of infringing 3G transmission patents.

Slovak news 10th of October

FOUR out of five businessmen in Slovakia believe that the move to the euro was a good step. This was the result of a survey of 130 businessmen by the Business Alliance of Slovakia, the head of the alliance, Róbert Kičina, announced. Slovakia marked 1000 days with the euro on September 28.


“Businessmen regard the process of transferring to the euro to have been smooth and effective,” said Kičina, adding that concerns that the changeover would be abused to increase prices excessively were not borne out, because inflation increased by 1.6 percent in 2009 and by only 1 percent in 2010.


Up to 81 percent of respondents considered the single currency positive since it brought greater currency stability, lower transaction expenses, and easier cross-border trade. Only 10 percent of respondents said that they disagreed with the euro as Slovakia’s currency, with most of them citing the current uncertain situation in the wider eurozone.

Business news on 7th of October

Samsung issues better-than-expected profit forecast

Samsung Electronics has issued a better-than-expected profit forecast for the third quarter as its handset business helped to offset falling demand for TVs and computer chips.

Samsung said it expected an operating profit of 4.2tn won ($3.5bn; £2.3bn) a 14% dip from a year earlier, but better than market projections of 3.5tn won.

Compared with the previous quarter, the projected profit is up 12%.

Samsung is the world's second-largest maker of mobile phones.

"Its telecommunications business is seen very positive as shipments of smartphones and other high-end handsets expanded," said Park Jong-Min of ING Investment Management.

Advantage Samsung?

Continue reading the main story

“Start Quote

The weakening won may have inflated third-quarter profits”

Kim Young-ChanShinhan Investment Corp

Analysts said they expected Samsung's handset business to keep growing robustly, not least due to the Apple's decision to upgrade its existing model of iPhone4 with new features and technology, rather than launch a new version.

Apple had been expected to launch an iPhone5 at a media event held earlier this week.

"Given Apple's relatively unchanged new iPhone, Samsung will have the opportunity to eat into Apple's market share with its hardware build-up and growing software power until next year," said Jang In-Beom of Bookook Securities.

Samsung has also been growing its presence in the tablet PC market.

Last month the Korean electronics manufacturer announced that sales of the Samsung GALAXY S II had crossed the 10 million mark, doubling from five million in just eight weeks.

'Major risk'

Despite the optimism about the growth potential of its handset business, analysts said that external factors remain a big threat to the company in the short to medium-term.

There have been concerns that a slowdown in the US coupled with the ongoing debt crisis in Europe may hurt global growth and dent consumer demand.

"The macroeconomic situation will remain a major risk for Samsung in the fourth quarter," said Ahn Seong-Ho of Hanwha Securities.

At the same time, there are fears that volatility in the currency markets may also have a bearing on its earnings.

The Korean won has fallen as much as 10% against the US dollar since the start of July.

A weaker won makes Korean goods cheaper for foreign buyers.

"The weakening won may have inflated third-quarter profits," said Kim Young-Chan of Shinhan Investment Corp.

However, Mr Kim added the exchange rate remained a threat to Samsung as any recovery in the won would have a counter effect.

the mission statement

1.Express Scripts

 Description
Express Scripts is a pharmacy benefits management company in St. Louis, Missouri, whose aim is to enable prescription drugs become more available, cheaper and safer to consumers. Express Scripts processes pharmaceutical transactions faster and more efficiently than regular pharmacies, with the added online technology giving consumers more benefits and advantages.

       it provide better prices of  medicines, and the best thing about it is, Express Scripts processes pharmaceutical transactions faster and more efficiently than regular pharmacies, and added online technology.

        it is a business around pharmacy benefits management company.

        the special detail it has provide is Express Scripts processes pharmaceutical transactions faster and more efficiently than regular pharmacies, and added online technology.

        it may lead pharmacy business to internet shops as well. or people can ask questions  about medicine online.

2. family dollar store

  description

The Family Dollar Store-- a dollar store that provides available and conveniently low prices to consumers, with 5,900 stores in 44 states. Majority of its market are families with income brackets of around $25,000 a year.

     it provide cheaper and valuable products, and it is big company so concumers can trust it.this market is provide for people who doesnt have high salary, and cant afford expensive thing.

       it is a regular market, majority of its market are families without high income.

      it tells up that the specific group they are providing for.

     i dont see any vision provide in future.

3 Auto-Owners Insurance

Description
           Auto-Owners Insurance is one of the biggest insurance companies in the US that aspires to give only the best quality service. In addition to vehicle insurance, Auto-Owners also offers other products such as universal and whole life, homeowners, and long-term care insurance through its two subsidiaries, Home-Owners Insurance Company and Property-Owners Insurance Company.

       only this company can provide the best quality service in US.

         it is a car insurane company.