Professional Documents
Culture Documents
Banking Academy, Hanoi Btec HND in Business (Finance) : Assignment Cover Sheet
Banking Academy, Hanoi Btec HND in Business (Finance) : Assignment Cover Sheet
NAME OF STUDENT
REGISTRATION NO.
UNIT TITLE Unit 3: Business Environment
ASSIGNMENT TITLE Multinationals in Vietnam Environment
ASSIGNMENT NO 1 of 2
NAME OF ASSESSOR Ms. Mary Eloisa Esmenda
SUBMISSION DEADLINE 22 November 2010
I, __________________________ hereby confirm that this assignment is my own work and not
copied or plagiarized from any source. I have referenced the sources from which information is
obtained by me for this assignment.
________________________________ _________________________
Signature Date
----------------------------------------------------------------------------------------------------------------
FOR OFFICIAL USE
Assignment Received By: Date:
1
Unit Outcomes
Identify the
mission, values
and key
objectives of an
a
organization
and assess the
influence of
Identify the stakeholders
mission,
objectives
and Evaluate the
responsibilitie extent to which
s of an an organization
organization achieves the b
within its objectives of
environment three
stakeholders
(1)
Explain the
responsibilities
of an
organization c
and strategies
employed to
meet them
Explain how
economic
systems attempt
to allocate and a
make effective
use of
resources
2
Evidence for Assessor’s Internal
Outcome Feedback
the criteria decision Verification
Assignment
( ) Well-structured; Reference is done properly / should be done (if any)
Overall, you’ve
NAME: ..........................................................................................
(Oral feedback was also provided)
STUDENT SIGNATURE DATE / /
NAME : .............................................................................
FOR INTERNAL USE ONLY
VERIFIED YES NO
DATE : ...........................................................................
VERIFIED BY : ...........................................................................
NAME : ...........................................................................
3
SCENARIO
The Vietnamese government estimates that retail sales reached $39.1 billion in
2009--almost twice as high as five years earlier. And the country has room to grow:
Per capita retail sales, at $450, are among the lowest in Asia. Setting up shop in
Vietnam, however, isn't easy. The market is fragmented and difficult to reach, and
although 100% foreign-owned retailers can register for an operating license, they are
generally allowed to open only one outlet. To expand further, they must pass an
"economic needs test," in which the government analyzes a new project's economic
impact. The test gives local governments an effective--and sometimes arbitrary--veto
over new developments. Such regulations are legal and relatively common under
WTO guidelines. Even so, they are more broadly applied in Vietnam than in most
other countries, limiting access to the domestic market.
Advocates of multinational corporations (MNCs) say they create jobs and wealth and
improve technology in countries that are in need of such development like Vietnam.
On the other hand, critics say multinationals can have undue political influence over
governments, can exploit developing nations as well as create job losses in their own
home countries.
You have provided with information indication some of the issues around the
functioning of the MNC. Using these and other sources which you may be able to
obtain, analyze MNC in the following areas:
Task 1
You are required to identify the mission, values and objectives of selected
organization and assess the influence of stakeholders (1 a)
4
Task 2
Vietnam began to liberalize its economy in the 1980s, when the country’s leaders
launched doi moi (or ―renovation‖). It was only after President Clinton lifted the U.S.
trade embargo in 1994, though, that multinationals began to pile in. Since then,
Vietnam has taken off. In 2007 it joined the World Trade Organization—just in time
for the global financial crisis. The country weathered the storm well, posting 5%
growth in 2009. This year should be even better. As a role of business
correspondent, you are required to write an article on the following areas and create
Volume 2 of your self-titled, creative business magazine/newsletter:
Explain how economic systems in your country (Viet Nam) attempt to allocate
and make effective use of resources available within the country (2 a)
Discuss the impact of social welfare and industrial policy initiatives on selected
organizations and the wider community (2 b)
Compile Volume 1 and Volume 2 as one report. You have to maintain the
standard contents of the report such as cover sheet, table of contents, executive
summary, introduction, main body, conclusions, references, appendices (if
applicable). You could add photos or anything related to your chosen multinational
company to make the report more attractive.
COMPANY PROFILE 1
Website: www.unilevervn.com
Activities:
Unilever Vietnam is committed to ―adding Vitality to life‖ of the Vietnamese people through
provision of a wide range of international quality and affordable priced products in health,
hygiene and nutrition. Many of Unilever Vietnam’s brands have become #1 household
brands in Vietnam, including Omo, Sunlight, Dove, Sunsilk, Clear, Lux, Close-up, Lipton,
Viso, Sunsilk, P/S and Knorr.
5
network of distributors and retailers. Unilever Vietnam employs more than 1,500 people
directly and over 6,000 people indirectly. Unilever Vietnam is also well respected for its
active contributions to social and community programs across Vietnam, which has helped to
improve life for millions of people in Vietnam. In April 2005, Unilever Vietnam was honored
by the President of the State the Second Rank Labour Medal for its excellent business
performance and contribution to the socio-economic development of Vietnam.
Description:
Starting operation in Vietnam in 1995, Unilever has invested more than USD 120 millions in
two companies in Vietnam: Unilever Vietnam JV Company, specializing in Home and
Personal Care brands, and Unilever Vietnam Company Ltd. specializing in Oral Care
products and Foods and Tea-based Beverages.
COMPANY PROFILE 2
Website: www.pg.com
Activities:
P&G Vietnam specializes in Hair Care, Personal Care, Laundry, Fabric Conditioner,
Feminine Care, Baby Care, Men Grooming and Oral Care. Currently, it has one of the
largest and strongest portfolios of trusted brands, including Pantene, H&S, Rejoice, Tide,
Downy, Pringles, Whisper, Olay, Gillette, and Oral B.
P&G Vietnam is committed to ―Touching Lives, Improving Lives‖ of the Vietnamese people
by providing a wide range of high quality products at affordable prices. It is also well
respected for active contributions to social and community programs across Vietnam. In
2007 & 2008, P&G was awarded Top 40 Best Performing Foreign Investment by the Saigon
Times Group.
Description:
Procter & Gamble Vietnam (P&G Vietnam) is a subsidiary of the Procter & Gamble
Company, Cincinnati, Ohio, USA. P&G is one of the world’s largest consumer product
companies, with annual sales of more than USD 78 Billions, market capitalization of USD
200 Billions. It has over 138,000 employees working in over 80 countries worldwide.
P&G started its Vietnam operation in 1995, with chartered capital of more than USD 80
Millions. It has a full-fledged global standard manufacturing facility serving both local and
export demand located in Binh Duong Province.
6
GRADING
Distinction Use critical reflection to evaluate own work and justify valid conclusions (D1)
Characteristics / Possible Evidence – Creation has been used to generate
and justify valid comments based on investigation selected organization,
economic, social and global environment.
To achieve a PASS, student’s answers should display receive and respond to a variety of
information, legible and neat written of work, different sources of information used widely and
use technological equipment to aid problem solving.
To achieve a MERIT, student’s answers should display clear and appropriate respond to
variety of information, legible, clear and neat written of work, clear variety of information
sources used and confident in using equipment and gained knowledge from use of
equipment.
7
PRESENTATION
1. The assignment should have a cover page that includes the assignment title,
assignment number, course title, module title, Lecturer/tutor name and student’s
name. Attach all the pages of assignment brief/cover sheet and leave them blank for
official use.
9. The assignment should not contain a bibliography – but should contain a list of any
references used in the assignment.
Check carefully the submission date and the instructions given with the assignment.
Late assignments will not be accepted.
Ensure that you give yourself enough time to complete the assignment by the due
date.
Do not leave things such as printing to the last minute – excuses of this nature will
not be accepted for failure to hand-in the work on time.
You must take responsibility for managing your own time effectively.
If you are unable to hand in your assignment on time and have valid reasons such as
illness, you may apply (in writing) for an extension.
Failure to achieve a PASS grade will results in a REFERRAL grade being given.
Take great care that if you use other people’s work or ideas in your assignment, you
properly reference them in your text and any bibliography.
NOTE: If you are caught plagiarizing, you could have your grade reduced to
zero, or at worst, you could be excluded from the course.