Jollibee cash management strategy

Go to Part 3: You've got certain adjustments which are really confusing, and immediately churned out at the bottom is a net figure; you can hardly decipher where and how cash was made and paid!

Jollibee cash management strategy

COL Financial - Philippines

Share 41K Shares As Singapore celebrated its 50th year of independence, one cannot help but reflect on what could have been for our own country, the Philippines. After all, Singapore and the Philippines started as equals back in the s.

But alas, the Philippines has been left in the dust by the rest of its neighbors as each country learned to evolve through the times. Intelligent and efficient Singapore: The country the Philippines could have been.

Similar to a marathon runner ahead in the race but who stumbled and suffered a spectacular fall, it has been hard for the Philippines to pick herself up. Meanwhile, from what was described as a formerly sleepy port, Singapore had grown to become a global finance and trade hub.

Some say it is not fair to compare Singapore to the Philippines because Singapore is smaller. The country is just square kilometers, just a little bigger than Metro Manila.

Singaporeans obviously did a lot with their space in spite of the scarce resources within it. Just to give you an idea of what they had to deal with, the country had been relying on imported water from Malaysia for most of its water needs.

It is evident that instead of holding them back, lack of resources has certainly made Singaporeans become more resourceful. If only the Philippines can learn from Singapore and apply these to the task of managing its people and resources, the country can also join the rest of its neighbors at the finish line.

Let us look at the reasons why: Weak law enforcement leads to lack of discipline. Filipinos need to develop discipline more than democracy. Democracy only works when the majority are informed and educated.

It seems there is this misguided notion among Filipinos that democracy means freedom to do whatever they want including breaking the law.

Jollibee cash management strategy

The reason why Filipinos lack discipline is because law enforcement agencies including the police and justice department do not or cannot do their jobs properly. To help them with their jobs, they have to realize that they are dealing with mostly ignorant and arrogant people so they need to apply zero tolerance and effect strict enforcement of the law.

Otherwise, the people will not learn to obey the rules. Perhaps it would be best if members of the Philippine law enforcement agencies treat the populace like children who need guidance. No chewing gum, anyone?

Introduction

Everyday there is chaos on major roads in the Philippines due to lack of discipline. One wonders what the traffic enforcers are doing to fix the problem. Every day there is someone throwing garbage in the river and someone building a new shack illegally on private and public lands.

One wonders what the police and local government agencies are doing to nip the problem in the bud. These are just some of the violations that are tolerated in the country.Share your experience with Jollibee Cash and Carry Palanan Makati City Metro Manila Philippines by writing your comments, reviews or concerns below.

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Jollibee cash management strategy

As Singapore celebrated its 50th year of independence, one cannot help but reflect on what could have been for our own country, the Philippines. After all, Singapore and the Philippines started as equals back in the s. Records even suggests that the Philippines was the most developed country in.

SURVIVAL STRATEGIES FOR COMPANIES IN GLOBAL BUSINESS WORLD – A CASE STUDY MURAT KASIMOĞLU1 Ass. Prof. Dr.

The Money Machine Making Free Cash Flow

Çanakkale 18th March University Department of Management. Jollibee Cash Management Strategy. Cash Management Paper - Week 3 Introduction Today's global financial market has progressively become more volatile, and driven by the demand for growth and bottom line profitability. Cash is a company's livelihood.

If managed properly a company remains healthy, strong and vibrant. Cash flow” management refers to the need to have cash come in — flow in — at the right times, so that it is available to flow out as needed.

Everyone knows that if an organization has more expenses than income, sooner or later it will find itself in trouble.

Jollibee Foods Corporation’s (“JFC” or the “Company”) core business is the development, operation and franchising of its quick-service restaurant brands. It offers a wide variety of affordable and delicious dishes and great tasting food prepared to satisfy customers of all ages and from all walks of life.

Jollibee foods corporation international expansion case stud by john escalante on Prezi