1.0 Introduction 1.1 Historical background Juicy Sendirian Berhad is a multinational beverage corporation which established by Anderson Chin since year 2002. Anderson Chin selling fresh juices with a stand stall initially. After a few years, fresh juices that he sold become the most popular juices in town. In year 2002, Anderson Chin set up Juicy Sdn Bhd in Bukit Mertajam. The mission of Juicy Sdn Bhd is to bring high quality freshly pressed juices to the consumers. They believe that juice is the best way for a person to get a large amount of enzymes and nutrients. Juicy Sdn Bhd introduced 10 flavours of juices such as Orange juice, Apple juice, Pineapple juice, Aloe Vera Juice, Strawberry juice, Grape juice, Mango juice, Lychee juice, Mango juice and Guava Juice. Aloe Vera Juice is the most popular juices among those 10 flavors. With affordable prices and high quality of juices, Juicy Sdn Bhd quickly gained popularity to become favourite amongst local consumers. Aloe Vera Juice is the most popular juices among those 10 flavors. In year 2004, they started spread their business by retailing the bottled juices to hypermarket such as Tesco, Giant, Jaya Jusco, Econsave. Besides that, they also retail the bottled juices to restaurant such as café, Chinese restaurant, mamak restaurant and etc. In year 2006, Juicy Sdn Bhd introduced yogurts drinks and mix fruit drinks to the market. In addition, they also provided the recipe of applying the juice and yogurt the dishes. The popularity of those bottled juices and yogurt successfully bring Juicy Sdn Bhd to foreign country. In year 2010, Juicy Company decided to launch a donation event which 2% of total amount in every single receipt will donate to charity organization. Currently Juicy S... ... middle of paper ... ...he check receipt by using the signature block that displays the name of the assistant treasurer. Transaction Authorization The check received should be authorized by cash receipt manager instead of normal clerk. This is because it is not the responsibility of a normal clerk. Security Cash receipt clerks should bank in daily instead of weekly. After that, the manager should get confirmation directly from the bank whether the money is being banked in or not. This can minimize the risk of money being stolen by the staff or thief. Authorization The clerk should get the authorization from the department manger before he/she deposits the cash into the bank. Supervision There should have a supervision of employees in the mailroom in order to avoid the unethical behaviour and dishonest act such as disclosed the confidential information to Competitor Company.
During the fundraising they raise money so that they could provide funding for goals. They aim to make changes and improve the lives of those that are struggling with cardiovascular disease. For this to be done the British Heart Foundation needs to raise the money that could enable them into having the right funding, providing them with the right service for their cause. However, their funding doesn’t only come from events they also sell seconds hand products which is donated. The goods they sell is also affordable to their customers, for instance, TV cost £25 and wardrobes cost
Electronic confirmations are often used to verify bank balances, but they can also assist in the verification of a company’s vendors. Therefore, I am going to request confirmations from Wayland Manufacturing Company’s vendors after the client accepts my request. The electronic confirmations will prove each vendor’s existence as well as the accuracy of the accounts payable subsidiary ledger balances. Evidence collected from third-party sources must remain confidential and I maintain my integrity by only seeking evidence I am authorized to review. If I decide to request Cash electronic confirmations without consent, I am violating integrity, confidentiality, and professional due care (AU Section 330-The Confirmation Process 1998) (Arens, Elder, & Borsum 2013) (AICPA Code of Professional Conduct
When grocery shopping at a place such as Winn Dixie the customer many times thinks to his or herself whether he or she should pay cash, charge it, or pay for the purchase with a check.
Everyone is looking for better and healthier life! People today pay more and more attention to the food they eat, they want it to be healthy and tasty, on the other side modern life is so dynamic and eventful, that the food must be fast. So you need to come up with something that will support all these needs. The great solution is Frozen Yogurt. It is a refreshing, savory dessert that combines the flavors and textures of ice cream and sherbet. Frozen yogurt is a new-comer in the dessert market. Nevertheless, “the history of frozen desserts dates back thousands of years to Asia where water ices were first made.’’ (wiki) Yogurt was brought to the U.S. in the early 1900s and steadily increased in popularity as a health food item over the next several decades. By the 1970s, with the popularity of ice cream technology was transferred to the production of frozen yogurt. But it’s entry into the dessert market was a distinct failure—consumers complained that it tasted too much like yogurt. Relaying on consumer demand for a sweet product that tasted like ice cream, TCBY opened its first store in 1981. The highest popularity comes to Fro-yo by the mid 1990s. But in the late 1990s as Americans turned their attention to high-protein, high-fat diets, demand for frozen yogurt slowed considerably. Low-fat foods such as frozen yogurt fell out of favor as food trends preferred higher fat and lower cost ice cream at the turn of the millennium. Trends changed back to frozen yogurt in the mid 2000s with the advent of live probiotic powder-based mixes. Over the last decade the production of frozen yogurt has grown multi-million dollar business with dozens of competing companies.
Confidentiality has several different levels that include employee, management, and business information. Employee data includes personal identifying information, disability and medical information, etc. Keeping this material confidential is important because the information could lead to criminal activity to include fraud or discrimination; this can result in decreased productivity and affect employee morale. Management information covers impending layoffs, terminations, workplace investigation of employee misconduct, etc. It should go without saying that sensitive data should only be available to management. Lastly, the business portion includes business plans, company forecasts, and special ingredients/recipes, information that would not be readily available to competitors. Employees and managers should receive training on how to properly handle confidential information (Jules Halpern Associates, LLC,
TCBY has been a frozen treats product innovator from the day its first shop opened in Little Rock, Arkansas in 1981. The great-tasting, low-fat frozen yogurt concept received an enthusiastic response from an increasingly health-conscious public. Its trendy new product propelled the company to the forefront of franchising, and was the ‘first in a long line of ground-breaking menu items that anticipated consumer preferences and continually refreshed the TCBY concept’ (Conlin 2001, p. 133). But TCBY products are just one of the reasons that thousands of operators have concluded that a TCBY franchise is the preferred opportunity in branded frozen treats, and a dynamic partner in any co-branded concept. However, TCBY is facing a lot of problems, both internal and external, during the difficult period from the late 1980s to the early 1990s, especially the problem with its franchising system. The purpose of this report is to provide a comprehensive situation analysis of TCBY, with special reference to its franchising system, and identify several concerned issues of TCBY and its franchisees, and how these issues have negatively affected the relationship between them. Furthermore, this report also provides three recommendations in the attempt to diminish these concerned issues and better maintain the relationship between TCBY and its franchisees, and most importantly, help TCBY to increase the company’s performance and achieve their strategic goals in the next few years.
...he oldest companies producing skin care and pharmaceutical products, it has a high level of customer care in order to create high value from their products and high customer satisfaction.
money is spent then the shopper has on the current account, the last written check will be rejected and account will be
Accounts Receivable has good separation of duties and strong internal controls such as control numbers and reconciliations to sales and bank statements. One weakness in the Accounts receivable system is the accounting supervisor approves summary entries and reconciles the general ledger account, which could indicate a weakness with segregation of duties. We recommend that the controller approves of summary entries to segregate these duties.
NO 1: If needed comes about not flourished then Fruit frozen yogurt will be served in assortment or specific flavours such are.
Johnson&Johnson has been a consumer products manufacturer since 1886 and it is divided into three divisions which includes medical devices, pharmaceutical products, and consumer healthcare products. They create products in order to help and care people around the world and assist doctors and nurses to provide the best care for patients. Johnson&Johnson creates consumer products such as Neutrogena, Aveeno, and over the counter medications such as Tylenol and Motrin. They also create medical devices for surgeries and other specialties such as wound closure in order to enhance patient care and bring greater precision in surgery. The business model that this company approaches is that it sells its products to hospitals, healthcare professionals,
They meet everyday needs for nutrition, hygiene, and personal care with brands that help people feel good, look good and get more out of life. They say “Our deep roots in local cultures and markets around the world give us our strong relationship with consumers and are the foundation for our future growth. We bring our wealth of knowledge and international expertise to the service of local consumers - a truly multi-national multinational. Our long-term success requires a total commitment to exceptional standards of performance and productivity, to working together effectively, and to a willingness to embrace new ideas and learn continuously. To succeed also requires, we believe, the highest standards of corporate behaviour towards everyone we work with, the communities we touch, and the environment in which we have an impact.
Overall, the company is having ineffective controls regarding different departments and in the whole organization. An effective internal audit department should be established within the organization which should test the effectiveness of these controls on regular basis and make it sure that all controls are working effectively and efficiently with the different departments of the organization. Also the Internal auditor should implement the most effective processes and measures to prevent and detect the fraud, corruption and non compliance with the laws and regulations in the organization. Establishment of internal audit committee would be helpful in this regard which comprises of executive and non executive directors.
In the account opening department I work for two weeks as account opening is the main and important work of bank are based upon the work of accounts and the bank account shows the deposit and then bank provide their best services to their customers. If someone need money or he want to deposit an amount in the bank then firstly he need to open an account in bank. Also during my internship period I work to open many individual accounts. For account opening purpose I learn that there are some documents that are needed for opening an account. These documents are mentioned below:
This clearly shows that the fruits and vegetables play a vital role in maintaining our good health. Fruits and vegetables are seasonal and grown in different parts of our country. They need to be stored for longer period and transported to different places. It makes necessary for us to find out whether there is any damage to the useful contents of the fruits and vegetable during the storage and transportation or due to some preservatives or other factors and what kind of nutrients, minerals, etc. are present in their juices. With this idea in mind, the project has been undertaken.