Unit1: Business and the Business Environment PDF

PROGRAM TITLE: Unit1: Business and the Business Environment
UNIT TITLE: Assignment 1
ASSIGNMENT NUMBER: 1
ASSIGNMENT NAME: Business and Business Environment
SUBMISSION DATE: September 30th 2021
DATE RECEIVED: October 3rd 2021
TUTORIAL LECTURER:
WORD COUNT: 3109
STUDENT NAME: Lê Minh Hoàng Yến
STUDENT ID: BKC1946
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Table of Contents
I. COMPANY INTRODUCTION4
1. General introduction: 4
2. Name, address, website, phone number, products & service: 4
II. Type of business: Joint Stock Company ( JSC ) 5
III. Size, scope, and legal structure of the company: 6
1. Size, scope & legal structure explaination: 6
2. Size, scope & legal structure contribution to company objectives analysis
9
IV. Three most important functions from the legal struture of the company:
9
1. Interrelationships among chosen functions. Evaluate Advantages and
Disvantages that each interralationship bring to the company: 9
2. Contribution of each function to business objectives: 11
References 12
COMPANY INTRODUCTION
General introduction:
Vinamilk is the biggest dairy company in Vietnam. Established in 1976, on the
basis of taking over 3 dairy factories from the old regimes. The company
proactively cooperates with other domestic exporting companies, particularly
Seaprodex, to mobilize foreign exchange for importing materials. Thanks to this
strategy, production significantly increased, helping Vinamilk to complete and

exceed the assigned State’s target, while managing to invest in innovation and
production expansion with the accumulated capital. With more than 40 years of
development, with a creative and dynamic working spirit, Vinamilk has paved the
way for becoming the leading nutrition company in Vietnam, providing millions of
Vietnamese families with high quality nutrition solutions that meet their needs and
conform to international standards. The products are produced upon great
knowledge about nutritious demand of vietnamese based on their physical
condition, especially children. Collaborating with the National Institute of
Nutrition and world-renowned experts in nutrition, Vinamilk has been providing
Vietnamese consumers with dairy products which are certified to the EU and US
standards.
Name, address, website, phone number, products & service:
Name
: Vietnam Dairy Products Joint Stock Company
Abbreviated name
: Vinamilk
Address
: No.10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh City
Area served
: Worldwide
Website
: https://www.vinamilk.com.vn
Phone number
: (028)54-155-555
Fax number
: (028)54-161-226
Email
: [e-mail]
Industry
: Dairy products, juice
Business registration certificate and tax code: 0300588569
Products: Organic nutrients, Liquid Milk, Vinamilk Yogurt, Formula milk, Infant
Cereals, Special Nutrition Products for Adults, Condensed Milk, Beverages, Ice
Cream, Cheese, Soymilk, Viet sugar.
Services: Nutrition consulting, Investing, Real estate, General clinic, Customer
care

Type of business: Joint Stock Company ( JSC )
According to Vietnam law, a Joint Stock Company ( JSC ) is a legal entity that has
its charter capital assigned into equal portions of shares. The minimum number of
shareholders is three people. The shareholders can be of any nationality and they
are only responsible for the debts and other financial obligations of the company
within the capital contribution. A JSC can be solely owned by foreigners. Or, it can
be a joint venture between foreigners and locals.
(Cekindo, 2021)
Market capitalization: 185,588 Billion
Shares Outstanding: 2,090.0 Million
In order to prove that Vinamilk is a Joint Stock Company because its market
capitalization reached 185,588 billion and the number of outstanding shares was
2,090.0 million. Vinamilk's business institution is developed by the capital
contribution of many shareholders. In a joint stock company, the charter capital of
the company is divided into equal parts called shares. Individuals or organizations
that own shares are called shareholders. Shareholders are issued a certificate of
ownership of shares called shares.
Business objectives of the company: To meet the increasing demands of
consumers, Vinamilk has constantly renewed technology, improved product
quality management
Vision: to become a world grade brand in the food and beverage industry ( reach
the Top 30 of World’s Largest Dairy Company ). Where people put all their trust
in nutrient and health products.
Mission: to deliver the most valuable nutrition to the community with Vinamilk
respect, love and responsibility. Stand tall Vietnam, rise in the world.
Three main pillars for execution, including:
Leading in highly applicable innovations: focus on dairy industry and dairy related
products; continue to R&D to develop more new products with innovations;
expand and diversify portfolio based on consumer preferences and demands. Bring
varios and convenient experiences to customers.
Consolidating the leading position in Vietnam's dairy industry: prioritize to exploit
the domestic market which still has great growth potential. Continue to build a
large and strong domestic distribution system, increase market share and maintain
Vinamilk’s leading position in the market.