Company Summary Essay Example

a total of US$400,000 to support waste management and mutual benefits. The managers and their assistants will contribute 42% of the funds (equivalent to $168,000), while the remaining 58% ($232,000) will be obtained through loans from financial institutions that must be repaid within three years. Any profits gained will be divided equally among top managers, with an anticipated growth rate of 40% for the company's financial base in the next three years.

With the aim of improving their financial stability through reduced borrowing, the company plans to produce recycled paper products starting from May 2009. Their focus will be on sanitary tissue items. In addition, they will manufacture a range of plastic goods for personal and commercial use such as buckets, containers, bottles, pens, pencils, stickers, clipboards, binders, plastic bags and tags. The safety of these products is a top priority and all items will undergo strict testing to comply with industry regulations and Total Management Quality (TMQ) standards. These efforts are expected to result in enhanced community approval of the products.

The company's marketing strategy involves branding its products with its logo and featuring it on refuse collection trucks. To promote the products, they have contacted local supermarkets and businesses and secured contracts with some for selling them. The packaging of the products will vary according to different distribution methods. In the initial year of operations, emphasis will be given to recycled paper products and plastic containers, with other products being added gradually based on consumer feedback and profit maximization.