Preview

How Selected Company Apply Financial Strategies

Satisfactory Essays
Open Document
Open Document
517 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How Selected Company Apply Financial Strategies
Edwin Banarjee
Class : Investment
Internet Research

The 2GO name embodies a proud legacy of leadership and service built on 148 years of shipping and logistics experience. They pioneered many innovations in the industry, including the merging of the heritage Negros Navigation and ATS under the 2GO brand. The group maintains the largest and widest logistics infrastructure across the Philippines with seamless links to over 150 countries. Over 400,000 TEU capacity (50% market share of domestic freight) 16 passage and freight vessels, 15,000 containers ,35 Cross-dock warehouses nationwide 70,000 square meters of Distribution Center operations, Over 185 branches and outlets, 550 trucks; 1,200 trailers; 250 motorcycles and 7,000 2GO team members.
2GO Group's profile at the Philippines share market Source: http://www.pse.com.ph/stockMarket/companyInfo.html?id=29&security=502&tab=0 Issue Type | Listing Date | Outstanding Shares | Market Capitalization | Common | May 15, 1995 | 2,446,136,400 | -------------------------------------------------
4,133,970,516.00 | Preferred | Jan 7, 2003 | -------------------------------------------------
4,560,417 | 21,753,189.09 |

WHY THEY ARE SUCCESSFUL?
The 2GO Group maintain some strategies in order to become successful. This Internet research paper will present their four major strategies to become successful.

1. Understand the value of a customer.
They understands the worth of a customer. They consider the fare more than the value of their original purchase from customers. Their believe is “customer represents a long-term, not a one-time value.”
2. Treating employees like customers
They treat their employees like the way they want them to treat with customers. Poor service is frequently the result of poor management. An employee who is not treated well by the boss is not likely to treat the customers very well either.
3. Equal Employment Opportunity
The 2GO Group provide employment

You May Also Find These Documents Helpful

  • Powerful Essays

    Hsa 505 Assignment 3

    • 2334 Words
    • 10 Pages

    Zeithaml, V.A., Parasuraman, A., and Berry L.L., 1990, Delivering Quality Service: Balancing Customer Perceptions and Expectations, The Free Press, New York…

    • 2334 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Corporate Strategy

    • 3375 Words
    • 14 Pages

    28. A taxpayer is considering three alternative investments of $10,000. Assume the taxpayer is in the 28% marginal tax bracket for ordinary income and 15% for qualifying capital gains and dividends in all tax years. The selected investment will be liquidated at the end of five years. The alternatives are:…

    • 3375 Words
    • 14 Pages
    Good Essays
  • Powerful Essays

    There are many types of customers, Management often mistakenly assumes that everything is okay until a customer complains, not realizing that when customers are dissatisfied it is most times easier for them to quietly take their business elsewhere. Organizations that are customer service focused actively seek out customer complaints instead of just responding to customer complaints. Therefore, those that are truly committed to delivering superior customer service work hard at providing customers with opportunities to voice their complaints.…

    • 1841 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    $34.2 million in its first offering of common stock. In 1990 is had sales of $388 million. I…

    • 1379 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    In order to plan effectively - both strategically and in terms of operations – management must have…

    • 2699 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    CORPORATE STRATEGY

    • 3869 Words
    • 17 Pages

    BP is ranked at the world’s 3rd largest energy company and is positioned as a multinational oil company headquartered in London that:…

    • 3869 Words
    • 17 Pages
    Satisfactory Essays
  • Good Essays

    The result of an increasing trend toward outsourcing of logistic activities, shippers have been faced with the inevitability of selecting an appropriate third-party logistics provider (Soh, 2009). The process of finding the best suitable 3PL provider that fits user and company requirements can be very challenging. Likewise, Ocean Spray’s expansion of logistics network allows the 3PL to manage distribution, packing, warehousing and assembling. Through their combined resources and knowledge, they can help to maximize profitability and reliability. One of the advantages of having a 3PL provider is having a large amount of resource network (Langley, 2012). According to an article, 3PLs have a large network available that has…

    • 938 Words
    • 4 Pages
    Good Essays
  • Better Essays

    If you look at companies lauded for their superior customer service, you almost always find that those companies create a culture that supports excellence in customer service. It 's not that they simply train their employees in customer service skills. What they do is ensure that customer service is interwoven into everything the company does. Customer service excellence simply becomes the way things are done around here.…

    • 1862 Words
    • 8 Pages
    Better Essays
  • Better Essays

    2. They treat people fairly .They pay people decently and give them good benefits including not only decent healthcare but other even rare essentials’ ,like paid parental leave. This ensure that employees are healthy to ensure they use skills in making the organization a better place.…

    • 2619 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Corporate Level Strategies

    • 3226 Words
    • 13 Pages

    * Many companies in different industries have been forced to adopt stability strategy because of over capacity in the industries concerned.…

    • 3226 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    She says, "I'd experienced modern shopping, I'd experienced shopping malls, I'd experienced the boutiques that were different and the service that was different."…

    • 910 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Jose Rizal

    • 3258 Words
    • 14 Pages

    Until 2012, 2GO was known as Negros Navigation. It changed its name following a significant realignment of ferry transportation in the Philippines which saw long-standing companies SuperFerry, Cebu Ferries andSuperCat first merged into SuperFerry, under the Aboitiz Transport System, and then purchased by Negros Navigation, in December 2010, for US$105 million.[2] At the same time, a unit of China-Asean Investment Cooperation Fund, a Netherlands-based, private equity firm wholly owned by the Chinese government, took a controlling stake in Negros Navigation through an equity infusion.[1][2] Because Negros Navigation was aprivately held firm the exact amount invested by the Fund was not disclosed.[3]…

    • 3258 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Remuneration. Employees receive fair payment for services, not what the company can get away with.…

    • 1079 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Question 11: Strategic control, financial control, and strategic planning are three ways of dividing responsibilities between corporate centre and its business units. Discuss these three ways of control and their links with three corporate rationales (portfolio manager, synergy manager, and parental developer). Give examples to support your argument. Read 450-452 of text…

    • 941 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Boracay Tropics

    • 3228 Words
    • 13 Pages

    The shipping company was formerly known as William, Gothong & Aboitiz (WG&A). Aboitiz bought out the William Lines and Gothong Lines Group . The Gothong Group restarted its own shipping company called Carlos A. Gothong Lines (CAGLI), while the William Group opted to concentrate on its logistics, warehousing, and courier business, called Fast Logistics. Currently, SuperFerry and its sister companies SuperCat and Cebu Ferries are subsidiaries of the Aboitiz Group.…

    • 3228 Words
    • 13 Pages
    Powerful Essays