Premium Essay

Essay Advantages and Disadvantages Online Business

In: Business and Management

Submitted By napiehassa1159
Words 3895
Pages 16
TABLE OF CONTENT

1. ORGANIZATION
2. PROBLEMS
3. AIR POLUTION
4. LEGAL AND REQUIREMENT
5. SOLUTION BASED ON THE PRINCIPLE OF PREVENTION AND CONTROL MEASURES AT WORKPROSES

INTRODUCTION OF ORGANIZATION CEMENT INDUSTRIES OF MALAYSIA BERHAD

Cement Industries of Malaysia Berhad ("CIMA ") group of companies ("CIMA Group" or the Group) has been involved in the manufacturing and distribution of cement and related activities since 1975. CIMA is 100% owned by UEM Group Berhad which is a wholly owned subsidiary of Khazanah Nasional Berhad, an investment arm of the government of Malaysia. The Group effectively combines people skills and technological capabilities to become the third largest cement manufacturer in Malaysia. The Group also ventures into international market namely Singapore. The Group's total asset as at 31 December 2012 stands at approximately RM2.0 billion while the paid up capital stands are RM 142 million. The Group is divided into three main divisions comprising Cement Division, Ready-Mixed Division and Aggregates & Premix Division. In Cement Division, Cimaco Quarry Sdn Bhd provides the required limestone for Negeri Sembilan Cement Industries Sdn Bhd (NSCI). NSCI leads The Cement Division with cement plants in Bukit Ketri, Perlis and Bahau Negeri Sembilan. The two plants combined, make up a total clinker production of 2.95 million tonnes per annum and a total production cement capacity of 5.6 million tonnes per annum, comprising Ordinary Portland Cement (OPC), Type II OPC, Masonry Cement and Portland Composite Cement (PCC). Pemasaran Simen Negara coordinates customer-oriented services such as the marketing, selling and distribution of the Group's cement under the brand name of 'Blue Lion', 'NS Cement', 'NS Brick', 'NS EcoCrete' and 'NS EcoCrete LH'. In Ready-mixed Division, Unipati Concrete Sdn Bhd and I-Mix Concrete Industries Sdn Bhd…...

Similar Documents

Premium Essay

Advantages and Disadvantages of Each Business Type

...A business (company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers. Businesses are predominant in capitalist economies. Most businesses are privately owned. A business is typically formed to earn profit that will increase the wealth of its owners and grow the business itself. The owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for work and acceptance of risk. Notable exceptions include cooperative enterprises and state-owned enterprises. Businesses can also be formed not-for-profit or be state-owned. Sole proprietorship: A sole proprietorship is a business owned by one person. The owner may operate on his or her own or may employ others. The owner of the business has personal liability of the debts incurred by the business. Partnership: A partnership is a form of business in which two or more people operate for the common goal which is often making profit. In most forms of partnerships, each partner has personal liability of the debts incurred by the business. There are three typical classifications of partnerships: general partnerships, limited partnerships, and limited liability partnerships. Corporation: A corporation is either a limited or unlimited liability entity that has a separate legal personality from its members. A corporation can be organized for-profit or not-for-profit. A corporation is owned by multiple......

Words: 543 - Pages: 3

Premium Essay

Advantages and Disadvantages of Outsourcing

...Advantages and Disadvantages of Outsourcing Outsourcing is an allocation of specific business processes to a specialist external service provider. Most of the times an organization cannot handle all aspects of a business process internally. Additionally some processes are temporary and the organization does not intend to hire in-house professionals to perform the tasks. Once the task is outsourced to the service provider, he will take the responsibility of carrying out the tasks and maintaining the organization’s assets. However prior to outsourcing any component of your business to a third-party vendor, it is essential to understand the advantages and disadvantages of outsourcing. Although outsourcing presents a variety of benefits to your organization, it could also pose difficulties if not outsourced to the right service provider. In this essay I will demonstrate on advantages and disadvantages of outsourcing tasks to a third party. Most of the times, companies outsourcing their tasks to vendors who are specialized in their field. The outsourced vendors also have specific equipment and technical expertise, most of the times better than the ones at the outsourcing organization. Effectively the tasks can be completed faster and with better quality output. As you evaluate your choices and decisions in outsourcing different components of your operations, you will need to consider the advantages of outsourcing. When done for the right reasons, outsourcing will actually......

Words: 926 - Pages: 4

Free Essay

Business Structures; Advantages and Disadvantages

...Business Structures Paper Finance/571 August 5, 2013 Business Structures Entrepreneurship is an excellent opportunity for individuals seeking the independence of running their own business. Starting a business can be a quite daunting task for anyone who is looking to do so. Potential business owners must be ready to invest much of their time and energy to the planning and startup phases of their business. Those activities include conducting research, creating a business plan, securing financing and marketing. Additionally, business owners also have to decide the type of business form that they would like to operate under. There are three main business structures in which entrepreneurs must establish their business. The following paper will detail the three business structures along with the advantages and disadvantages that each hold. Sole Proprietorships The first and most simple form of a business is a sole proprietorship. Within this form of business structure, the owner usually owns and manages all aspects of the business. Additionally, taxes are not paid on a sole proprietorship as a company; instead the owner pays taxes off of the income that is received from the business. As in all business structures, there are both advantages and disadvantages to operating as a sole proprietor. The advantages of sole proprietorships are minimal legal costs of formation; owners have absolute control over decision making and the ease of business......

Words: 738 - Pages: 3

Free Essay

Business Structures: Advantages and Disadvantages

...Business Structures: Advantages and Disadvantages FIN/571 09/23/13 Kenneth Baker Introduction Starting a business can be challenging for individuals. That individual will have to decide which business structure will be right for their business and develop a solid business plan from that structure. There are many business structures available to new business owners, there is sole proprietorship, partnership, limited liability company and corporation. This paper will identify each structure and list the advantages and disadvantages of each structure. Sole Proprietorship  Sole proprietorship has no other owners to divide profits with, which allows a sole proprietor to use company funds in any way the individual see fit. Sole proprietorships are easier to set up out of the other structures and is easy to separate. Some advantages are no business registration is not required, there is no requirement to file formation documents like the person would if their business structure were LLC. Sole proprietorship has easier bookkeeping. The owner and business are one and the same so it is like balancing your checkbook. Any profits are taxed at the owners individual federal tax rate so that person does not have to file a separate business tax. The disadvantages would be the lack of liability protection for the business owner. This means the owner would have to take personal responsibility to pay every business debt and obligation and their personal assets are not protected......

Words: 775 - Pages: 4

Premium Essay

Advantage and Disadvantages

...assessment will provide the links between the specific aims and the achievement of the outcomes. 18 CURRICULUM AND ASSESSMENT POLICY STATEMENT (CAPS) LIFE SCIENCES GRADES 10-12 2.5.4 developing language skills: reading and Writing Teachers of Life Sciences should be aware that they are also engaged in teaching language across the curriculum. This is particularly important for learners for whom the Language of Learning and Teaching (LoLT) is not their home language. It is important to provide learners with opportunities to develop and improve their language skills in the context of learning Life Sciences. It will therefore be critical to afford learners opportunities to read scientific texts and to write reports, paragraphs and short essays as part of the assessment, especially in (but not limited to) the informal assessments for learning. 2.6 time The time allocation for Life Sciences is 4 hours per week in Grades 10 to 12. The curriculum for Grade 10 has been designed to be completed within 32 weeks out of 40 weeks in the school year. This leaves 8 weeks in the year for examinations, tests and disruptions due to other school activities. The curriculum for Grade 11 has been designed to be completed within 32 weeks out of 40 weeks in the school year. This leaves 8 weeks in the year for examinations, tests and disruptions due to other school activities. The curriculum for Grade 12 has been designed to be completed within 27½ weeks out of 40 weeks in the school year.......

Words: 21816 - Pages: 88

Premium Essay

Advantages and Disadvantages of Social Media

...to movie in television and finally, the Internet, which then created varieties of social media. Social media helps to connect people through online activities (Jones, 2009). This essay is to discuss the two advantages, and one disadvantage of social media to society. In the first place, the use of social media enables easy access to the obtainable information. In brief, public opinion about certain events, current issues can be simply obtained from the social media. For instance, information including entertainments, sports, and weather reports through channels like Internet forums and social networks can be searched. Also, teenagers can learn lots of new things by joining a community of their passions. Teenagers would usually prefer to learn from others through the social media (Goff, 2009). Similarly, social media is a powerful source of connecting all sorts of people around the world. By accessing social media, people would have the opportunities to meet those who share the same goals, beliefs and interest. Meanwhile, it also helps to stay in contact with friends and families around the world. Still, companies interact and build relationship with their customers through establishing widely used platforms such as Linkedln and Facebook. The two-way communication improves customer relationship more than just simply give away a business card of theirs (Wirthman, 2013). On the contrary, the misuse of social media leads to cyberbullying. Cyberbullying is using social......

Words: 419 - Pages: 2

Premium Essay

“What Is the Advantages and Disadvantages of Shopping Online from the Consumers’ Perpectives”

...PROJECT “What is the advantages and disadvantages of shopping online from the consumers’ perpectives” Report from: Ta Duc Tam Report to: Stella Kalfa 9 June, 2014 INTRODUCTION * Brief of the study For several centuries ago, traditional shopping which means that consumers go directly to the shop, then choose and buy goods, at last come back home with them is a dominant method in trade industry. Nowadays, the development of e-commerce is pushing the popularity of online shopping. Only by connecting your computer or smart phone with the internet, opening the website and searching for goods, you can easily get whatever you need. This new method is known as the new fashion of shopping. Currently, in China, about one of four consumers is online shopper; while, this number in Europe and Korea is two of three. ( Jia-xin, et al. , 2010). It is obvious that the trend of shopping through the internet is growing more and more quickly. * Research question The existing argument on whether shopping online is better than traditional shopping or not. Thus, my study will focus on answering the research question which is “ What is the advantages and disadvantages of shopping online from the consumers’ perpectives”. * Reseach objectives The overall purpose of the research is to analyze what is the differences between traditional shopping and shopping online. Moreover, the research also evaluates the advantages and disadvantages of shopping online, thus......

Words: 4897 - Pages: 20

Premium Essay

Essay on Advantages and Disadvantages of Science

...leukocytes. b. All monocytes within the bloodstream are referred to as macrophages. c. Normally there are less than one thousand lymphocytes in the body. d. When stained with Wright’s stain, eosinophils contain characteristic dark purple granules. e. All of the above 101. Which of the following is TRUE? a. A massive increase in blood viscosity would cause the efficiency of blood flow to increase. b. Under conditions of low O2 sickle-cell hemoglobin becomes spiky and sharp and the red blood cells acquire a crescent shape. c. Surgical removal of the stomach could NOT cause anemia. d. No product of bilirubin breakdown is excreted in the feces. e. All of the above 102. The shape of a red blood cell can best be described as _____________. One advantage of that shape is that _______________________. a. Biconcave: it makes the red blood cell more flexible. b. Spherical: it allows the red blood cell to maximize its organelle content. c. Biconcave: it compresses the red blood cell’s nucleus to allow for more frequent DNA transcription. d. Stellate: it increases the red blood cell’s surface area. e. None of the above are correct 103. Suppose a red blood cell contains 1 million molecules of hemoglobin. How many molecules of iron does it contain? a. 250,000 b. 1 million c. 4 million d. 10 million e. 1 billion 104. All of the following are PRODUCTS of RBC recycling/disposal EXCEPT: a. Iron b. Amino acids c. Bilirubin d. Transferrin e. A and B 105. All of the following are plasma proteins......

Words: 9186 - Pages: 37

Premium Essay

Advantages and Disadvantages of Online Shopping

...can talk to people from different countries on the Internet or buy things online. Today, many people like shopping online, some dislike. Shopping online has both advantages and disadvantages. Shopping online has three main advantages. First, shopping online is very convenient. People only use the computer to buy the things they want. They do not need to go out. Second, shopping online saves people’s time because they only need to order a product and receive it after several hours or days. In fact, they do not need to go to traditional shops and go around the shop to choose product that we want to buy. Third, the prices of the product when they buy online are usually cheaper than those of traditional shops. Last but not the least is it is easy to choose what they like. There are many shops online with many different kinds of products. And their pictures are posted in the websites of the online shops. Therefore, they can have a lot of choices. Beside the advantages, shopping online also has several disadvantages. The first disadvantage is the quality of the product. People can not see the real products online. They only see the pictures of the products, so they don't how they are. The second problem is security. In many situations, people send their money but they do not receive the product they order. Shopping online has two sides. Therefore people should be careful. They should shop in high reliability online shops. These are usually known by many people. They should send......

Words: 288 - Pages: 2

Premium Essay

Advantages and Disadvantages of Online Shopping

...The advantages and disadvantages of online shopping Who doesn't like to shop? Buying new things is fun—except for when it takes so much time that it becomes more of a chore than a pleasure. Of course, now with online shopping and banking, you can go on a spree from your home. Purchases are just a click away on the Internet—life never has been so easy! Online shopping is a very popular kind of e-business where one consumer can shop over the Internet and have their goods delivered. Ebay and Amazon are the two most popular and trusted websites for shopping online, selling millions of products each. Nowadays many people prefer to shop online because of its numerous benefits. However, the practice has disadvantages as well as advantages. This article will go over the pros and cons of shopping online. Advantages of Online Shopping Online shopping can save you the time of having to leave your house to run errands. It makes products easy to find: Finding a product online is much easier than looking for it in the local store. In a store, you have to search for the product you want; if it's not there, you may have to visit several locations, which is frustrating and time-consuming. However, online you can easily search for any product by using the website's search feature, and it's more likely to be in stock. If the website doesn't have it, you can simply go to another without wasting your time. For example, if you can't find the suitable product in eBay, you can look for...

Words: 1336 - Pages: 6

Premium Essay

Advantages &Disadvantages

...Advantages and Disadvantages of Convention and Concept Advantages of accounting concepts, conventions and regulations. There are many advantages that accounting concepts have on financial statements. Four important accounting concepts that underpin the preparation of any sets of accounts one of which is going concern that helps an account to assume for any future problems that occur in a business. This helps companies to make future plans and gives them time to gather money to sort out any financial problems. Consistency also has an advantage in helping in accounting by users of accounts can make more meaningful comparisons of financial performance. Prudence helps investors sort out financial performance such as future problems and cost of the business before recognising any signs of profits. Accruals also help financial data to be useful for users by all business revenues and cost are recorded in the appropriate statements and at the appropriate time. Conventions also have many advantages in influences financial statements to be useful for investors. Separate entity is one example this convention seeks to ensure that all private transactions and matters relating to the owners are segregated from transactions that relate to the business. This is an advantage because owner’s transactions are kept private. Also they are not mixed with the business finance so that users can clearly see the business financial state. Also materiality is also an important convention in a......

Words: 327 - Pages: 2

Premium Essay

Advantage and Disadvantage of Social Media Essay

...as well since social media is not just a platform for easy and simple advanced online marketing, it is also the revolution of our century! Many people have tried to capture the importance of social media. In today’s post, we will introduce to you the most must-know advantages and disadvantages of social media so you’ll be aware of how to use it in the safest and most valuable possible ways! 5 Must-Know Disadvantages Of Social Media: The wrong online brand strategy could put you at a viral social disadvantage and may even damage your reputation, i.e, when you make a mistake offline, a few will know but when you make a mistake in front of hundreds or thousands of you online audience, most of them will know! Using social media for marketing and advertising could be more time consuming than companies expect. In order to get social media’s full effect, you need to understand how it works, when and how to use it and which channels to focus on depending on your end goal of using social media. Social media can have a negative influence on worker productivity. Employees may waste valuable time using social media channels such as Facebook and Twitter. They can also use social media to attack the company’s reputation! When social media is used excessively or in the wrong way, it could have serious detrimental outcomes on both mental and even physical health of individuals. 5 Must-Know Advantages Of Social Media: When using social media for marketing products, social......

Words: 429 - Pages: 2

Free Essay

An Analysis on the Advantages and Disadvantages of Playing Computer Games or Online Gaming”

...St. Rita’s College of Balingasag Balingasag, Misamis Oriental Basic Education Department School Year 2013-2014 TERM PAPER “An analysis on the advantages and disadvantages of playing computer games or online gaming” August 19, 2013 Presented by: Rey Pahunang Presented to: Ms. Michelle Odchigue Introduction Playing game is a natural part of growing up. It is one way that person can learn to socialize and compete. Computer and online games , in most instances are no more dangerous than other games that people plays. But sometimes computer and online games become more than just play. They become an addiction and when they become in addiction teenagers psychological and physical well being may be in danger. Addiction to computer and online games is a real and growing problem. It affects both kids and adults specially teenagers. Often the most addictive games are the online multi-player game they include role playing and endless of achievements and an IM or a chat function. Groups of players play and chats online, creating a fantasy world that provides an escape from real life. Kids can get caught up in this fantasy world to the exclusion of their real life responsibilities. Playing online games is an innocent hobby that can become a pathological behavioral problem, in which playing games becomes more important than other aspects of life. Addicted teenagers spend hours on the computer to the exclusion of other......

Words: 626 - Pages: 3

Premium Essay

Explain the Advantages and Disadvantages of the Main Forms of Business Organizations

...The four main forms of business organizations namely sole proprietorship, partnership, C corporation, and S corporation have various advantages and disadvantages in terms of tax implications, legal status, financial obligations, and even set up time and compliance issues. A sole proprietorship is an individual based business. The advantages of sole proprietorship are various including the easiness to start and dissolve the company, the ability to have personal and complete control over the company, and the ability to retain all profits and include them in personal tax returns. Sole proprietorship has some disadvantages that include the owner’s unlimited liability over the company. The owner is legally responsible for all the debts of the company. Another disadvantage is that it is hard to raise funds because it depends on one person who might not have sufficient funds. It may also be difficult to attract high skills and professional employees because some would want to either have a high ranking position in the company or the chance to buy stock. Sole proprietors are also taxed more than corporation for example corporations pay 15% tax for income up to $ 50,000 while sole proprietors pay 15% (if filing married filing jointly) for income up to 35, 800 only. Financial statements for sole proprietorship are the income statement, the balance sheet, the statement of cash flows, and the statement of owner’s equity. In a partnership there are two or more owners. Partnership is......

Words: 667 - Pages: 3

Premium Essay

The Advantages and Disadvantages of Incorporating a Business

...In order to mention all the advantages and disadvantages of incorporating a business, first I should try to explain what a corporation is. In 1819, Chief Justice Marshall of the United States Supreme court said: " A corporation is an artificial being, invisible, intangible, and existing only in contemplation of the law." In the Webster's College Dictionary corporation is defined as "an association of individuals, created by law and having an existence apart from that of its members as well as distinct and inherent powers and liabilities." A corporation is divided into many units called shares of stock. The owners of the stock are called stockholders or shareholders. One of the advantages of incorporating a business is that because a corporation has a legal existence, shares can be sold at any time without affecting the operations of the corporation. Also, shares can be bought at any time. Another big advantage of incorporating a business is that corporation have limited liabilities. This means that the corporation is responsible for its own acts and obligations under the law. This characteristic protects the stockholders of the corporation because the only financial loss that they may suffer is limited to the amount invested. Also, the creditors of the corporation can not go beyond the assets of the corporation to satisfy their claims. The stockholders or the shareholders are the ones who have control over the management of a corporation's operation and......

Words: 451 - Pages: 2