Sayen Global Sdn Bhd is a Malaysian licensed multilevel marketing (MLM) company that provides healthcare products, food supplements and cosmetics merchandises via its vast network of mobile stockists. The company’s humble beginnings start in 2005 (your website states 2001 – please check and confirm) when Mr Ng Kin Khuen founded Sayen Global Sdn Bhd the company that supplies healthcare and other wellbeing products primarily serving the Malaysian market through its MLM concept of marketing. By 2012, six years from its inception, Sayen Global enjoyed the continuous support and loyalty of its over 3,000 members that recorded over RM10 million in sales. The company primarily operates in Malaysia and in the latest financial year, Sayen Global Sdn …show more content…
By August 2015, Sayen Global added V-eyes to its range of best-selling products roping in sales of over RM2 million in the first twelve months of its launching. Other goods such as Smart Arch and its range of Natural Care products also received an overwhelming response the time it was marketed. Sayen Global’s consumer care centre formally located at Noble House, George Town, Penang became the headquarter of the operation for close to ten years before it moved to its present location at 383-A and B on Jalan Perak in Jelutong. Together with its network of mobile stockists, Sayen Global has been serving over 3,000 customers a year since 2010. With its range of over twenty different products, Sayen Global managed to carve a name for itself in the Malaysian MLM industry. To date, Sayen Global has sold over ten million bottles of yLifeXtra Nutricell and Prozyme to its customers in the South East Asia region. Sayen Global is currently planning to enter Indonesia and was in the process of obtaining the necessary business licences and permits as of January …show more content…
Wang), a consultant at the World Light Charity Foundation – a charity established in 1993 with the aim of alleviating the sufferings of the poor, the underprivileged, animals and the environment in general. The five maxims include education, health, charity, propagation of tao and the concept of production. In living up to these maxims, the founders of Sayen Global conceived the idea of a business model that emphasises the concept of production with an aim to promote good health and a general well-being. It is with this in mind that Sayen Global was incepted in
7. Pursue Peace and Care for the Poor : keep and be in peace with others and care for the poor who need your help Catholic charities Core Values Catholic Charities values inspire the work they do for and with those most in need, and their core values are: Collaboration: they work to build effective working relationship within the Catholic Charities and strong partnership within community. Empowerment: the foster an environment where all are supported in reaching their full Human potential. Compassion: they demonstrate compassion and care for those who must in need.
What type of global market countries should Lori market this company? If Lori's idea is to target zoomer,
It has its headquarters in Baltimore, North America and corporate offices in Canada, Toronto, New York, Portland, Texas among others. However, it seems to be concentrated in North America, Europe, Asia and Latin America. Few activities have been registered in Australia and none in Africa. This poses a threat to its growth since globalization is key to the success of any business (Soni,
There are six principles that backed up the positions of both sides in the Triodos Bank and Roche’s Trials. The first principle is to promote sustainable development. This principle considers the social, environmental, and financial impacts of businesses. The second principle is to respect and obey the law. In every country where business is conducted one must obey the law.
Whole Foods has developed four core principles which focus on conscious capitalism to drive the success of the enterprise. These principles go much further than the focus of financial profits, they also focus on social and human capital of the workforce. Author Kent Hodgson developed seven key moral principles that expand ethical practices in the business today: dignity of human life, autonomy, honesty, loyalty, fairness, humanness, and the common good (). Each of these seven principles contains descriptive details; however, in comparison with the Whole Foods concept, I feel that the common good principle of the seven principles is similar in a way that aligns the human factor of a successful business.
The sales split between "drugstores" and "supermarket" sectors is also similar to the overall market volume split. Majority of the business (75% in volume) comes from "drugstore" sector, including both chain drugstores (Watson's, Mannings) and general trade independent drugstores. The rest of the business comes from the "supermarket" sector including the 4 major chains of supermarkets (Wellcome, Park'N Shop) and convenience stores (Circle K, 7-Eleven) that are located in China. The company will also anticipate an increase in consumer demand after the new advertising campaign is launched.
In this highly competitive world, money is one of the most significant factors for people to survive because people use money to satisfy their desires such as clothes, food, and medicines. A company will gain profit from the amount of money that people used, but only profit cannot make company to be sustainable. Hence, every corporation should be concerned about the triple bottom lines which can lead company to be sustainable. The Triple Bottom line or TBL was created by the founder of British consultancy called sustainability, John Elkington since 1994 (economist, 2009). The triple bottom line is separately in three categories, including profit, planet, and people.
The company has expanded internationally through franchising (Boost Juice, 3 May 2015). The continued growth and success
The words before you, reader, must be absolute truth, or why, then, would human governments spend billions of dollars on weapons of war and military funding rather than expand charities, help the poor, find miracle cures, spread love, and create hope? However, no two worlds are the same and some worlds do not face this disappointing reality. They value hope, joy, love, and peace and shun despair, sin, hatred, and chaos. For a world like this to exist, surely it must be a strange, sleeping dystopia, masked as a utopia that is deluded by the false reality that humanity would rather place the good of their species above their own desires.
Brand concept Life is good has established by two brothers Bert and John Jacob, originally idea of the brand is coming from their real life struggles. Therefore, they decided to come up with a new product which will make others feel relieve from the daily flood of negative things. Life is good is trying to demonstrate that business can be differentiating from their competitor by put their effort in both humane and profitable ways. Life is good believe that by promoting the concept of optimism though the customers, and shows it can power of “Optimism” can be show off in a big result for the community. Life is good put a big effort on producing a good quality product with the principle of spreading, inspiring art, a passionate community under
The organization offers extended around the globe along with retailers inside Parts of Asia, European countries, Russian federation and the Heart Far east by
We have combined functionality with lower prices and this truly allows the modern consumers to break away from tradition and buy prescription glasses
Furthermore LVMG constantly nurture growth by strongly imposing itself into developing markets like Brazil, Russia, India, Indonesia, China, and South Africa. In 2011, the Group implemented 495 outlet around the world, which mean that they had a rise of 19.5% from 2010. 2. Case Background: LVMH Strategies and Competitive Advantages Bernard Arnault (Chairman and
Introduction Globalisation is the process that brings together the complaints nations of the world under a unique global village that takes different social & economic cultures in to consideration. First this essay will analyse globalisation in a broader term, second the history and foundation of globalisation that were intended to address poverty and inequality, third the causes that lead to globalisation and the impact that globalisation has on the world’s economy. The participation in the global economy was to solve economic problem such as poverty and inequality between the developed and developing nations. What is Globalisation?