1.0 Introduction of Company Amalgamated Industrial Steel Sdn. Bhd. (‘AIS’) was joined at first as a private limited company on 20 November 1969 and made history in being the first manufacturer of steel pipes in Malaysia. It was formed by a group of leading local hardware importers and consumers supported by Tokyo Boeki Limited and Kawasaki Steel Corporation, two Japanese associations which were famous in the steel industry. The company commenced operations with an initial paid-up capital of RM4 million, out of an authorized capital of RM10 million on 18 May 1971. Following its steady growth and success, AIS was converted into a public company, Amalgamated Industrial Steel Berhad (‘AISB’) on 10 December 1974. It was a prelude to another milestone …show more content…
grow our businesses to incorporate trading activities of other industrial and building products. provide great rate on investment to shareholders. 1.2 Mission Statement AISB are committed to: supply quality products at competitive prices. provide best services to meet the needs of our customers. strive for excellence through consistent change of management skills, industrial skills and entrepreneurship. 1.3 Types of Industry Steel Industry 1.4 Products/Services Amalgamated Industrial Steel Berhad is occupied in the manufacture and sale of steel-related products, for the most part black welded steel and galvanized industrial pipe, square and rectangular hollow tubes, tubes, and conduits. The Company operates in two divisions: The manufacturing of steel pipes, and the trading of other steel related products. 1.5 Number of People Employed Operating with about 100 workforce. 1.6 Company Sources Supply Steven Ng Tun Hui, Human Resource Manager from Human Resource Department of …show more content…
Workforce planning is the process of deciding what positions the firm will have to fill, and how to fill them. Effective recruiting is important as without enough candidates, employers cannot effectively screen the candidates or hire the best. The recruitment is not just external; the internal recruitment has an enormous impact on the performance of the company and increases the satisfaction of employees. Employer would probably already more familiar with the internal candidate strengths and weaknesses, and they require less orientation. The recruitment strategy is a key achievement element for the process. It defines the advantage of the organization on the job market. The company has to choose the right mix of the recruitment sources, agencies and messages. The company has to choose the target groups, and the underlying analysis has to identify the right approaches to contact them. All participants involve recruiters and candidates have the same objective – filling the job vacancy and they have to cooperate smoothly to achieve the general
In addition, they provide segregated and mutual funds, securities and many other financial products and services. Industrial Alliance’s mission statement is “Ever on the cutting-edge,
Carnegie's steel had started off cheap. Suddenly bridges and skyscrapers were not only
Renowned owner of the first mass production company of steel wasn’t always a millionaire, Andrew Carnegie grew from small telegram messenger to large investor in mass production in steel. Carnegie assisted in the railroad business throughout the war, even helping colleagues to invent and patent some of the first sleeping cars for the railroad. After the war he began in the business of the ironworks trade that replaces, in large numbers, bridges with iron, while doing so he used his social skills to benefit the company. Throughout the years he travels and soon learns of a way to mass produce steel from Henry
Document 4 shows that Carnegie was able to cut costs by more than $20 per ton. The natural question that arises is this: how was he able to get costs so low? Document 5 suggests that the practice of vertical integration was essential to profits, as it enable Carnegie to own a monopoly on the entire industry of steel production, all the way from the iron ore mines to the ships that transported materials to the steel mill itself. Although ingenious, this strategy usually results in market monopolies, which can end up being harmful to both competitors and the consumer. In addition to the tactic of vertical integration shown in Document 5, Documents 6 and 7 reveal the extreme exploitation of workers that Carnegie used to increase his profits.
Big tycoons like Carnegie invested in steel manufacturing
In the years after the Civil War, the American steel industry grew with astonishing speed as the nation's economy expanded to become the largest in the world. Between 1880 and the turn of the century, steel production increased from 1.25 million tons to more than 10 million tons. By 1910 America was producing more than 24 million tons, by far the greatest of any country.” because of the steel production it gave many people jobs which gave them homes. Although the jobs were not always safe and were very long people still were able to make a living and care for their
During the nineteenth century economic changes increased the amount of European industrial workers. Conditions under which they lived and worked improved along with the availability of jobs for women. Ultimately, the industrial revolution and the agricultural revolution lead to migration to cities for factory work. Theses changes in conditions for industrial workers were caused by the debate between government involvement in economics and if workers themselves have to take the initiative to create changes. English economists argue that the government should not get involved in helping the poor.
To: Richard Sullivan From: Team Odyssey Date: 15 January 1992 Subject: Detroit Plant- Heavy Equipment Division Wriston Manufacturing Corporation is loosing sales from last three years. This has put pressure on its HED to perform well. With nine plants on stream and tenth under construction, the management is scrutinizing the company’s investment proposals for these plants very carefully.
Proposal Yu Hu 胡宇 General Remarks For over thirty-five years after the Civil War, the United States of America entered into a period of fast reconstruction. During this time, there is a man called Andrew Carnegie who made a huge impact on America’s post-war recovery. He led an enormous expansion of American steel industry in the late 19th century.
In May of 1892 a disagreement between the Carnegie Steel Company and the Amalgamated Association of Iron and Steel Workers broke out. The Amalgamated Association was one the largest and most effective unions in the country, mostly containing strong Americans, and men of decision and grit, who stood up for their beliefs and rights. On the other hand the Carnegie Steel Company was a very powerful company. The president of the corporation was Andrew Carnegie and the manager was Henry Clay Frick. Not to mention Frick was known for his hatred of workers.
1. Case: Crown, Cork and Seal in 1989 (a) Perform an industry analysis of the U.S metal can industry in 1989.Define the industry. Analyze the effect of buyer and supplier power, competition, barriers to entry, complements and substitute for the industry. Summarize your assessment of industry’s attractiveness. Is this an industry in which the average metal company can expect an attractive return over the long run?
It would aim at establishing a strong customer lifetime value. It would also search for new markets in other
INTRODUCTION In June 2008, TATA Motors announced the acquisition of brands Jaguar and Land Rover from the car producing giant Ford Motors. The deal was valued at US$ 2.3 billion and is considered an overall success even from intercultural perspective. On the contrary, the deal was speculated to be a huge failure as the world was entering into recession in 2008 and Jaguar Land Rover (JLR) was incurring huge losses. The deal was an all cash deal with 100% acquisition of Jaguar Land Rover’s businesses.
Recruitment means to estimate the available vacancies and to make suitable arrangements for their selection and appointment. Recruitment is understood as the process of searching for and obtaining applicants for jobs, from among whom the right people can be selected. A formal definition states “It is the process of finding and attracting capable applicants for the employment. The process begins when new recruits are sought and when their applicants are submitted. The result is the pool of applicants from which new employees are selected”.
Industrial relations system in Malaysia functions within the legal framework of the industrial relations act 1967 and the industrial relations regulations act has this to say “An Act to provide for the regulation of the relations between employers and workmen and their trade unions and the prevention and settlement of any differences or disputes arising from their relationship and generally to deal with trade disputes and matters arising therefrom.” [7 August 1967]. The Act is self-contained. It changes all previous legislation pertaining to industrial relations but continue to encourage democratic self government in the industry by implementing safeguards to legitimate rights, prerogatives and interest of workmen, employers and their trade