Philippine Long Distance Telephone Company and Sun Cellular

1. What be the factors that contri saveed to URC s success? Some of the factors that contributed URCs success are Being innovative and ravening frontrunner in the morsel food industry. Its products can be found in virtually every kinsperson across the country, with food market shares indicating that one out of every two modern snack products enjoyed by Filipino consumers is a URC crack. The surreptitious behind URCs success is the EXCELLENT VALUE that its products provide consumers. URC products offer consumers world division quality at afford fitting prices.Using simply state-of-the-art equipment and stringent manufacturing standards, the company is also well(p) on its way to obtaining ISO 9002 documentation for all its plants. 2. Analyzed the growing market base in Asia. How did Gokongwei turn back return of it? Gokongwei take advantage the growing market base in Asia by producing innovative products but at the same succession cheaper than the other products in the m arket. Gokongwei also provide goods that basically needed by the consumer. As his early look as a teen, Gokongwei takeed that basic need are the shell product that the demand bequeath never cease.Also he offered fresh products that the other company didnt offer. With this strategy invading the growing Asia market is possible. 3. establish on Gokongwei words of wisdom, how can the Philippines compete globally? I am 81 at present. But I do not forget the little boy that I was in the palengke in Cebu. I notwithstanding mean in family. I still want to advert good. I still dont assessment going up against those older and better than me. I still believe hard thrash will not fail me. And I still believe in people willing to imagine the same way.Through the years, the market place has expanded between cities, between countries, between continents. I want to revolutionize you all here to think tumid. Why coif 86 million when you can sell to quadruplet zillion Asians? And thats safe to start you off. Because at that place is still the world beyond Asia. When you go seat to your offices, think of ways to sell and market your products and run to the world. Create world-class brands. You can if you surely tried. I did. As a boy, I sold peanuts from my backyard. Today, I sell snacks to the world.I want to see other Filipinos do the same. Based on Gokongweis words of wisdom, to able for the Philippines to compete globally, we Filipino mustiness not be terrified to take the challenge of competing against multinationals compny or bigger competitors. For us not to be aeaten by larger competitors we must make sure we came prepared with heavy(p) products and great strategies. We ended up changing the rules of the game instead. 4. ar there hindrances for the Philippines inability to pull in its ingest global branch? Explain.Yes, theres continuously an probability everyday passes our lives but ignore them as we dont worry of doing it because of P RIDE and FEAR. it is always printed in our mind that every time we aphorism something antithetic we always ignore them as it is not our depict of profession or simply verbalism its against our pride or just fear of doing it. if only we have the same determination and willingness to reach our tendency just like Sir Gokongwei, so we are far to a greater extent successful than any other countries. i k new-make that this is a life changing twaddle and i anticipate that we all use it.I myself has a mussiness to work out specially my ATTITUDE. the attitude of wasting TIME. i have a lot of goals in life but did nothing to get them until time passes by and forgot them. if only i treasured my time then im sure i would be presently a individual person. but its not yet late. starting immediately, ill make something different for my self. something that i can be proud of someday when my hair became grey and has a story to see to my grandchildren. ITS NEVER LATE TO BE A SUCCESSFUL P ERSON, just work it out.At the end, it is only you who will reap them all. dont mind about the failure, as they say it is always trial and error, and always say it to your self at least i tried. but never stop from there. as from failure you will learn the surpass wisdom in life, and from wisdom can have the best weapon to fight the battle, and done your best weapon you will have a big chances to win. then you will have a story to tell who knows you superpower will become part of the stemma history. 5. Identify Gokongweis entrepreneurship traits which made him successful.Gokongweis entrepreneurship traits made him successful are Self-determination This self-made entrepreneur is not afraid(predicate) to become a second mover. He loves to offer an alternative from the material body 1 company offering products and services like in telecommunications (SUN cellular), real estate (Robinsons Land), and airline (Cebu Pacific). He doesnt like mixing regime and business. He doesnt li ke being very close to government. Because according to him, wealth thats based purely on politics cannot be sustained. He thinks outside the envelope.Like Henry Sy Sr. and Andrew Tan, rump Gokongwei Jr. thinks outside the envelope because he started his businesses from scratch. Theres no baggage and no impost to follow. 6. Make a question on the acquisition of sun cellular by PLDT. Make your comments. PLDT bribes volume stake of cheerfulness cellular The biggest IT story of the day is PLDTs acquisition of Digitel which operates Sun Celluar, the 3rd largest phone service player in the Philippines. PLDT, which owns wise to(p) Comm. , becomes a much bigger operator and strengthening its number 1 spot in the country.The Philippine Long Distance Telephone company announced today its acquisition of Digital Telecommunications Philippines, Inc. (Digitel) from JG Summit amounting to Php74. 1 billion or 51. 55% shares in exchange of new PLDT assets worth 2,500 per share. Digitel, wh ich owns Sun Cellular, announced that under the new leaders the paired networks will continue to the working out of broadband rollout and other next generation technologies in some(prenominal) fixed and wired services. PLDT says Sun Cellular will remain a separate entity and retain the brand.Smart already surpassed 45 million subscribers in 2010 term Sun Cellular, which has over 16 million subs, was already inching close at hand(predicate) to Globe Telecom (26. 5 million). Smarts rapid growth and expansion requires more wider frequency and that might have prompted the Sun Cellular demoralise-out. At the same time, Sun Cellular has become a large player in harm of post-paid subscribers (even the first one to reach 1 million). Mean part, Smart has only around 500k postpaid subscribers while Globe has around 900k.From having 3 large celco players, we now have just 2 Smart at far 1 and Globe at a minority 2. COMMENT This strategy that PLDT done is what we called Globalization, si nce the market for networks are now vast where there are various networks competing with each other,companies now have to buy another network. To maintain quality and competitive pricing, PLDT have redesigned their organizational structures and strategically buy the competing netwoork such as Sun cellular to lessen the competitors in the industry.Philippine Long Distance Telephone Company and Sun Cellular1. What are the factors that contributed to URC s success?Some of the factors that contributed URCs success areBeing innovative and aggressive frontrunner in the snack food industry. Its products can be found in virtually every household across the country, with market shares indicating that one out of every two modern snack products enjoyed by Filipino consumers is a URC offering. The secret behind URCs success is the EXCELLENT VALUE that its products provide consumers. URC products offer consumers world class quality at affordable prices. Using only state-of-the-art equipment and stringent manufacturing standards, the company is also well on its way to obtaining ISO 9002 Certification for all its plants.2. Analyzed the growing market base in Asia. How did Gokongwei take advantage of it?Gokongwei take advantage the growing market base in Asia by producing innovative products but at the same time cheaper than the other products in the market. Gokongwei also provide goods that basically needed by the consumer. As his early life as a teen, Gokongwei learned that basic need are the best product that the demand will never cease. Also he offered fresh products that the other company didnt offer. With this strategy invading the growing Asia market is possible.3. Based on Gokongwei words of wisdom, how can the Philippines compete globally? I am 81 today. But I do not forget the little boy that I was in the palengke in Cebu. I still believe in family. I still want to make good. I still dont mind going up against those older and better than me. I still believe hard wor k will not fail me. And I still believe in people willing to think the same way. Through the years, the market place has expanded between cities, between countries, between continents. I want to urge youall here to think bigger. Why serve 86 million when you can sell to four billion Asians? And thats just to start you off.Because there is still the world beyond Asia. When you go back to your offices, think of ways to sell and market your products and services to the world. Create world-class brands. You can if you really tried. I did. As a boy, I sold peanuts from my backyard. Today, I sell snacks to the world. I want to see other Filipinos do the same. Based on Gokongweis words of wisdom, to able for the Philippines to compete globally, we Filipino must not be afraid to take the challenge of competing against multinationals compny or bigger competitors. For us not to be aeaten by larger competitors we must make sure we came prepared with great products and great strategies. We ende d up changing the rules of the game instead.4. Are there hindrances for the Philippines inability to have its own global branch? Explain.Yes, theres always an opportunity everyday passes our lives but ignore them as we dont like of doing it because of PRIDE and FEAR. it is always printed in our mind that every time we saw something different we always ignore them as it is not our line of profession or simply saying its against our pride or just fear of doing it. if only we have the same determination and willingness to reach our goal just like Sir Gokongwei, then we are far more successful than any other countries. i knew that this is a life changing story and i hope that we all use it. i myself has a lot to work out specially my ATTITUDE.The attitude of wasting TIME. i have a lot of goals in life but did nothing to get them until time passes by and forgot them. if only i valued my time then im sure i would be now a somebody person. but its not yet late. starting immediately, ill ma ke something different for my self. something that i can be proud of someday when my hair became grey and has a story to tell to my grandchildren. ITS NEVER LATE TO BE A SUCCESSFUL PERSON, just work it out. at the end, it is only you who will reap them all.Dont mind about the failure, as they say it is always trial and error, and always say it to your self at least i tried. but never stop from there. as from failure you will learn the best wisdom in life, and from wisdom can have the best weapon to fight the battle, and through your bestweapon you will have a big chances to win. then you will have a story to tell who knows you might will become part of the business history.5. Identify Gokongweis entrepreneurship traits which made him successful.Gokongweis entrepreneurship traits made him successful areSelf-determinationThis self-made entrepreneur is not afraid to become a second mover. He loves to offer an alternative from the number 1 company offering products and services like in telecommunications (SUN Cellular), real estate (Robinsons Land), and airline (Cebu Pacific). He doesnt like mixing politics and business. He doesnt like being very close to government. Because according to him, wealth thats based purely on politics cannot be sustained. He thinks outside the envelope. Like Henry Sy Sr. and Andrew Tan, John Gokongwei Jr. thinks outside the envelope because he started his businesses from scratch. Theres no baggage and no tradition to follow.6. Make a research on the acquisition of sun cellular by PLDT. Make your comments.PLDT buys majority stake of Sun CellularThe biggest IT story of the day is PLDTs acquisition of Digitel which operates Sun Celluar, the 3rd largest telco player in the Philippines. PLDT, which owns Smart Comm., becomes a much bigger operator and strengthening its number 1 spot in the country. The Philippine Long Distance Telephone company announced today its acquisition of Digital Telecommunications Philippines, Inc. (Digitel) from JG Summit amounting to Php74.1 billion or 51.55% shares in exchange of new PLDT assets worth 2,500 per share. Digitel, which owns Sun Cellular, announced that under the new leadership the paired networks will continue to the expansion of broadband rollout and other next generation technologies in both fixed and wired services. PLDT says Sun Cellular will remain a separate entity and retain the brand.Smart already surpassed 45 million subscribers in 2010 while Sun Cellular, which has over16 million subs, was already inching closer to Globe Telecom (26.5 million). Smarts rapid growth and expansion requires more wider frequency and that might have prompted the Sun Cellular buy-out. At the same time, Sun Cellular has become a large player in terms of post-paid subscribers (even the first one to reach 1 million). Meanwhile, Smart has only around 500k postpaid subscribers while Globe has around 900k. From having 3 large celco players, we now have just 2 Smart at far 1 and Globe at a minori ty 2.COMMENTThis strategy that PLDT done is what we called Globalization, since the market for networks are now vast where there are various networks competing with each other,companies now have to buy another network. To maintain quality and competitive pricing, PLDT have redesigned their organizational structures and strategically buy the competing netwoork such as Sun cellular to lessen the competitors in the industry.