Qualification Pre‐Master Course (Business Studies) Assignment title Essay

1.0 Executive SummaryPNG Co.Ltd was specialized in supplying Electric Resistance Welded pipes(ERW Pipes), Longitudinally Submerged venting Welded pipes (LSAW Pipes) and drilling bits mostly from Asia merchandise to oil and gun industries in Myanmar. PNG fe ard intumesce(p) and generated profits in last two course of studys. Reaching the third year from it started, PNGs business life cycle is in the declined stage because in that location was much weakness in all departments. So PNG needs to domesticize the union to improve the temperament. PNG has to fix this problem by proper vision, guardianship and objectives. By seeking and grasping business opportunities, PNG will create securities attentions with our synergistic partnership, reputation and reliability. Cordiality, loyalty and sincerity to partners and customers be the most Coperni tin ingredients of our corporate life will become our corporate mantra.2.0 Company profileCompany Name P bear(prenominal)g Nagar Tr ading Co.Ltd Looking for the New Next thriving Myanmar free radical of Companies 2011 Mediumsized oil and splatter equipments trading lodge Room8A, Building 99A,Shwe Padaut Condo, Sanchaung Mr.PhyoKyaw Thu Chief Executive Officer,MBA (UK) Director of Golden Myanmar Groups of Companies. Ms.KayZin Han motorcoach (Sales and Marketing), MBA (UK) Ms.MyatTheingarHtut Manager (Human Resource), MBA (UK) 65 Company Logo & Slogan Mother of familiarity Established ancestry Type Company Address focussing team Total Employees uninflected Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutPage 32.1 BackgroundPaing Nagar Trading Co.Ltd (PNG) is a recognized distribution of high quality products which are widely utilize in the oil and gas sector of Myanmar since 2011. PNG provides pipes and drilling bits to oil and gas industries both private and organisation enterprises, especially exist on government tender projects. First of all, PNG C ompany was started by 3 officers and 10 staffs. instanter it is being run with total number of 65 employees. Within a few months after establishment, for the sake of better improvement and better communication with oversea suppliers and manufacturers, PNG opened an oversea branch office in capital of Singapore. PNG did somewhat well and reached our target market sales in 2011 and 2012. But directadays, thither are umteen competitors who are interested in oil and gas field because of many opportunities. At that fourth dimension, PNG Companys reputationdrops soft because of internal weakness.2.2 Vision To get innovative, proactive and progressive company glossiness To be the multinational professional company by reelecting quality products and function to meet our customers satisfaction in the future2.3 Mission To abide by the requirements detailed in the strategic business plan To deliver our function in time To wee in a corporate path with our clients, employees and shareholders and to align clients and company expectations To penetrate global market from local marketAnalytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutPage 42.4 Objectives To expand our products range at to the lowest degree 20 categories in 2014 To increase at least 30% of market share in O&G equipment sector in 2015 To deliver quality products with fair prices To serve our clients with sincerity and cordiality to achieve strengthened customer relationship To create a teamwork with employees to get better functional environmentAnalytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutPage 53.0 Situational AnalysisPNG has to analyze the modern situation of the company to evaluate weak points and to solve the problem effectively by using situational analysis (SWOT and PEST analysis).Strengths deals with the suppliers that have good reputation mostly from Asia strong fi nancial resourcesWeaknesses faces the high turnover rate of employee, so PNG thunder mug non manage the operational process in timechooses the quality trust that can be previous organization used a centralisation acceptable by our customers has oversea branch office in Singapore to communicate with foreign suppliers more effectively approach alone managers could non establish a good relationship with staffs have not satisfactory skilled workers the structure of organization was not systematically demonstratedOpportunitiesnow our country allows many Foreign Direct Investments (FDI), so the market demands in oil and gas field become increase sharply can deal with many suppliers rather than Asia nowThreatsfor the time being, our countrys policies have not been stable yet needs to compete with many competitors because of the development of oil and gasindustries so many investors are imprisoned to invest3.2 PEST AnalysisWhen PNG researches about the external environment by PEST anal ysis, the following impacts effect on PNG Company.Analytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutPage 6PoliticalLegal Now our country steps towards the democracy, economic sanctions are released, so become interested by many foreign investors. But, for the time being, the government is in the transitional state, policies and foreign trade regulations have not been stable yet. Besides, Tax policies are going to release compare to the past. frugal Our countrys economic state becomes improve and growth. But PNG should return about the inflation rates and exchange rates which are tight related with price of inputs. Sociocultural According to our countrys culture, PNG exponent to concentrate the attitude to work and leisure of our employees and try to fulfill their desires as much as it can. Simultaneously, PNG should consider the education direct based on not only the graduation subject but also supererogatory qualificatio ns such as computing, languages, etc. Technological Techniques associated with oil and gas industry are changing a lot so PNG needs to lucifer up the technologies continuously. Therefore, PNG ought to update IT technologies to communicate with customers and suppliers smoothly.4.0 Analysis on transcription ManagementPreviously the old PNGs management team had not imbibe organization structure, the practices of commanding, allocating responsibilities and delegation were not managed well suited. Every successful company must have definite organization structure which shows the set of white-tie tasks and formal inviteuping relationships. So PNG Company constructs the organization structure well and shown by organization chart, visual representation of an organizations structure.Analytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutFigure 1 O Organization n Chart Organization structure m O means the f framework in which th organiz ation defines how he tasks are e divided, re esources are e deployed a and departm ments are co oordinated. Our organization has six m major depart tments. PNG delineates the chart with relative few hier G s ely rarchal level By ls. seeing th he chart, work specializa ation and cha ain of comm mand can be all the way seen n.4.1 Wo ork speciali izationIn order to perform the work more effici m iently, comp pany divides the tasks individually and s y describe clearly wh hich tasks w be resp will ponsible by whom. By doing this employee can s, e emphasiz ze his own d duty. But PNG considers that work specialization n can make employee boring jobs and feel isolatin ng from othe ers. So comp pany plans e employee to o rotate amo ong the separate jobs ever ry three mon nths to enco ounter the g greater challe enges and p perform vario ous jobs by team work.Analytical Re eport on Business Organisation by G Group 5 (PMBA03 3/2013) PhyoKyaw wThu,KayZinHan,M MyatTheingarHtut t4.2 Chain of co mmandEvery organization must have discrete authority and responsibility for different kinds of tasks. Thus, every employee can know to whom they report and management levels of the whole organization.Chain of command is important for this reason. Each employee should have his own authority and responsibility and how much he can make labor for the job. According to management level, delegation is the useful process for the managers. Good managers should deputise authority to the possible lower levels and give the chances to the subordinates.4.3 drag of managementSpan of management means the number of employee reporting to a Supervisor. Our companys span of management is based on seven subordinates per manager. Controlling level is closely involving with subordinates it can get better team work form.4.4 centralization VS DecentralizationTo get the correct hierarchical level at which to make decisions,