Jollibee external and internal environment

Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Get Access Jollibee Foods Corp. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts.

Jollibee external and internal environment

Over the past years, JFC has been involved in numerous social projects such as feeding malnourished children in partnership with Kabisig ng Kalahi; getting children to read and love books with Sa Aklat Sisikat; promoting values to children and the youth with DepEd; and sharing blessings through the annual Christmas toy and book drive, Maaga ang Pasko.

Tony Tan Caktiong and the rest of the JFC leadership knew that to do lasting good, they had to organize their giving and make it more strategic. A paradigm shift took place: The Jollibee Group Foundation was established in December with a mission to invest in people and help them succeed—in the way Jollibee knows how.

This meant taking the values, the system, the tools, and the years of experience that made Jollibee what it is today and sharing it with the people they most ascribe their very successes to: Join us in sharing joy to our communities.

Risk management will provide the organization with the superior capabilities to identify, assess and manage the risks and enable the organization and its employees, at all levels, to better understand and manage risks.

The Company and its subsidiaries are all in the quick-service restaurant sector. The Company responds by observing stringent guidelines, processes and procedures in its FSC, and conducting regular and spot audits to ensure that FSC standards are maintained not only in stores but also in commissaries.

The Company has likewise instituted a system of incentives to reward excellent performance in terms of FSC by stores. The main purpose of these financial instruments is to obtain financing for its operations.

The Company has other financial assets and liabilities such as other noncurrent assets and trade payables and other current liabilities which arise directly from its operations.

Jollibee external and internal environment

The main risks arising from these financial instruments are credit risk and liquidity risk. The Company does not engage in any long-term debt and foreign currency-denominated transactions that may cause exposure to interest rate risk and foreign currency risk, respectively.

The policies for managing each of these risks are summarized as follows: Equity Price Risk The Company is not exposed to significant equity price risk on its investment in quoted equity securities consisting of investment in club shares and shares of public utility companies. Interest Rate Risk Interest rate risk arises from the possibility that the fair value or future cash flows of financial instruments will fluctuate because of changes in market interest rates.

While the foreign businesses have been rapidly growing, the net assets of foreign businesses account for only Therefore, the total exposure to foreign exchange risk of the Company is still not significant.

The Company also has transactional foreign currency exposures.

Jollibee Short History, SWOT and PEST | Quendrick E Surban -

Credit Risk Credit risk is the risk that a customer or counterparty fails to fulfill its contractual obligations to the Company. This includes risk of non-payment by borrowers and issuers, failed settlement of transactions and default on outstanding contracts.

The Company has a strict credit policy. Its credit transactions are with franchisees that have gone through rigorous screening before granting them the franchise. The credit terms are very short, while deposits and advance payments are also required before rendering the service or delivering the goods, thus, mitigating the possibility of non-collection.

The Company has no significant concentration of credit risk with counterparty. To manage this exposure and to ensure sufficient liquidity levels, the Company closely monitors its cash flows.

Cash outflows resulting from major expenditures are planned so that money market placements are available in time with the planned major expenditure. In addition, the Company has short-term cash deposits and has available credit lines with accredited banking institutions, in case there is a sudden deficiency.

The Company maintains a level of cash and cash equivalents deemed sufficient to finance the operations. Capital Management Capital includes equity attributable to equity holders of the Parent Company.

The Company has sufficient capitalization. The Company generates cash flows from operations sufficient to finance its organic growth. It declares cash dividends representing about one-third of its consolidated net income, a ratio that would still leave some additional cash for future acquisitions.

If needed, the Company would borrow money for acquisitions of new businesses. Conflict of Interest Policy In business dealings with outside parties, the Company takes steps toward ensuring that it is not subject to any actual or apparent conflict of interest.

Dealings with suppliers and service providers are observed in an impartial manner, without favour or preference, other than the best interest of the Company. Absence of conflict of interest is among the qualifications considered by the Nomination Committee to determine the final list of candidates for directorships in the Board of Directors.

The Company also has internal policies on conflict of interest which apply to senior management and to all employees.

Related Party Transactions Policy No business is transacted for the Company with any related party except where such dealings have been fully disclosed to the Company and specific written approval has been obtained from the pertinent division.Conducting an external environment and organizational audit of the company In this part we discuss and analysis about some external environment such as PESTEL, five force of Michael Porter.

Moreover, we also assess some factor of internal environment of Jollibee . Business Environment Analysis: Internal vs External Internal and External Environments. Internal and External Environments of Business Related Study . INTERNAL AND EXTERNAL FACTORS AFFECTING JOLLIBEE.

Internal Factors: 1. Employee's Satisfaction Conditions that are most affect in Jollibee’s external environment: 1. The new trend in which customers are changing fast –food restaurants to healthier ones.

2. ECONOMICS As a business entity, Jollibee need to face a lot of economic variables outside its company or its macro environment. Dealing with international sourcing for its material McDonalds should be aware on the global supply and currencies exchange.

Jollibee Foods Corp. Swot Analysis Essay Sample

An organization's external environment consists of outside factors that influence its operations. These include competition, economic landscape, consumer tastes and trends, regulatory environment. Internal environment of the jollibee strength food choices or options Weaknesses-Unhealthy meals-Limited menu offered to employee-Does not change products often-Taxes External Environment of the Jollibee: Opportunities: Continuous product-More Jollibee branches.

Jollibee external and internal environment
Internal Factors that May Affect the Business Organization