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  • Essay / History of Juice Business - 2073

    1.0 Introduction1.1 Historical BackgroundJuicy Sendirian Berhad is a multinational beverage company established by Anderson Chin since 2002. Anderson Chin initially sold fresh juices with a stall. After a few years, the fresh juices he sold became the most popular juices in town. In 2002, Anderson Chin established Juicy Sdn Bhd in Bukit Mertajam. Juicy Sdn Bhd's mission is to provide consumers with high quality freshly squeezed juices. They believe that juice is the best way for a person to get a high amount of enzymes and nutrients. Juicy Sdn Bhd has introduced 10 juice flavors such as orange juice, apple juice, pineapple juice, aloe vera juice, strawberry juice, grape juice, mango juice, juice lychee, mango juice and guava juice. Aloe Vera juice is the most popular juice among these 10 flavors. With affordable prices and high quality juices, Juicy Sdn Bhd has quickly gained popularity to become a favorite among local consumers. Aloe Vera juice is the most popular juice among these 10 flavors. In 2004, they started to expand their business by retailing the bottled juices in hypermarkets such as Tesco, Giant, Jaya Jusco, Econsave. In addition to this, they also sell the bottled juices to restaurants such as cafes, Chinese restaurants, mamak restaurants, etc. In 2006, Juicy Sdn Bhd introduced yogurt drinks and fruit drink mixes to the market. Additionally, they also provided the recipe for applying the juice and yogurt on the dishes. The popularity of these bottled juices and yogurts has successfully brought Juicy Sdn Bhd to a foreign country. In 2010, Juicy Company decided to launch a donation event where 2% of the total amount of each receipt will be donated to a charity. Currently Juicy S...... middle of paper ...... it verifies the receipt using the signature block which displays the name of the assistant treasurer. Transaction Authorization The check received must be authorized by the Collection Manager instead of the normal clerk. . Indeed, this is not the responsibility of a normal clerk. Safety Cash collection clerks should carry out their operations daily rather than weekly. After that, the manager must get confirmation directly from the bank whether the money is collected or not. This can minimize the risk of money being stolen by staff or thief.AuthorizationThe clerk should obtain permission from the department manager before depositing the money in the bank.SupervisionThere should be supervision of employees in the room of the mail in order to avoid unethical behavior and dishonest act such as disclosing confidential information to a competing company.