Hai - New Venture (edited) - New Venture Creation Assignment ACKNOWLEDGEMENTS To accomplish this project besides the efforts of myself I have applied

Hai - New Venture (edited) - New Venture Creation...

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New Venture Creation Assignment ACKNOWLEDGEMENTS To accomplish this project, besides the efforts of myself, I have applied the knowledge acquired in school to learn, to understand and to collect statistical information related to the project. I always get the help and guidance of dedicated teachers along with words of encouragement from my friends in times of difficulty. I would like to sincerely thank the Open University Malaysia and Dr. Shishi Kumar, who has guided me though the subject, he has created favorable conditions and is an important source of motivation for me to finish. This is the first time for me to carry out a research project with limited time so there could be inevitable shortcomings on the project. I look forward to receiving feedback from the teacher and you. Presentation by Dao Duy Hai Page  1
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New Venture Creation Assignment ABSTRACT Why do some companies succeed while others fail? Although "there is a black sheep in every flock", but behind the failure in business always exists a common cause. Any slightest failure is also the root causes of it. It can be derived from a neglected action, a small mistake, even a wrong attitude on the job. The main reasons are inappropriate planning, lack of enforcement, lack of capacity and experience in management, business risks, financial deficits, poor employee quality... In this report, three Vietnamese companies which have failed in their business ventures in the past are illustrated and our duty is to find out the reasons behind their failures. A short research on these companies is conducted to obtain sufficient information pertaining to the profiles of the companies and their key reasons on why they failed in their marketplaces respectively. Presentation by Dao Duy Hai Page  2
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New Venture Creation Assignment TABLE OF CONTENTS PART I: INTRODUCTION .................................................................................................... 3 1.1 Tribeco Company ………… ................................................................................................. 3 1.2 Bach Tuyet Cotton Company ............................................................................................... 5 1.3 S-Fone Company…… .......................................................................................................... 6 PART II: A BRIEF RESEARCH ON THE THREE VIETNAMESE COMPANIES ...... 9 2.1 Tribeco Company ................................................................................................................ 9 2.1.1. The reasons for its failures ............................................................................................... 9 2.1.2. The suggested solutions to rescue the situation ............................................................. 11 2.2 Bach Tuyet Cotton Company ............................................................................................. 12 2.2.1. The reasons for its failures .............................................................................................. 12 2.2.2. The suggested solutions to rescue the situation ............................................................. 13 2.3. S-Fone Company …… ...................................................................................................... 14 2.3.1. The reasons for its failures ............................................................................................. 14 2.3.2. The suggested solutions to rescue the situation ............................................................ 18 PART III: CONCLUSION .................................................................................................... 20 Presentation by Dao Duy Hai Page  3
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New Venture Creation Assignment CHAPTER 1: COMPANY PROFILES 1.1 Tribeco Binh Duong Co., Ltd Saigon Beverages Joint Stock Company (Tribeco) is a Vietnam-based company engaged in the beverage industry. The Company manufactures, trades and distributes non-alcoholic beverages, such as soft drinks, soya milk, fruit juices and sparkling wine. It is also engaged in the processing and trading of food sfuffs, as well as the trading of materials for beverage manufacturing, such as bottles and flavors. Other activities include the provision of warehouses and houses for rent, along with real estate trading. During the fiscal year ended December 31,
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  • Spring '13
  • Dr.NguyenPhan
  • Ho Chi Minh City, S-Fone, Dao Duy Hai

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