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    Jollibee Foods Corporation

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    Rexter Balista
    Jollibee Foods Corporation is the largest fast food chain in the Philippines, founded by Tony Tan Caktiong. It owns several restaurant brands and has over 600 stores in the Philippines and 50 internationally. Finance involves managing financial resources and making decisions about acquiring assets and raising capital. Important areas of finance for Jollibee include financial management, capital markets, and investments. Financial management focuses on asset acquisition, capital raising, and maximizing firm value. The goal of management is to maximize shareholder wealth through decisions that increase stock price and intrinsic value over the long run.

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    Jollibee Foods Corporation

    Uploaded by

    Rexter Balista
    8K views27 pages
    Jollibee Foods Corporation is the largest fast food chain in the Philippines, founded by Tony Tan Caktiong. It owns several restaurant brands and has over 600 stores in the Philippines and 50 internationally. Finance involves managing financial resources and making decisions about acquiring assets and raising capital. Important areas of finance for Jollibee include financial management, capital markets, and investments. Financial management focuses on asset acquisition, capital raising, and maximizing firm value. The goal of management is to maximize shareholder wealth through decisions that increase stock price and intrinsic value over the long run.

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    Jollibee Foods Corporation is the largest fast food chain in the Philippines, founded by Tony Tan Caktiong. It owns several restaurant brands and has over 600 stores in the Philippines and 50 internationally. Finance involves managing financial resources and making decisions about acquiring assets and raising capital. Important areas of finance for Jollibee include financial management, capital markets, and investments. Financial management focuses on asset acquisition, capital raising, and maximizing firm value. The goal of management is to maximize shareholder wealth through decisions that increase stock price and intrinsic value over the long run.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    8K views27 pages

    Jollibee Foods Corporation

    Uploaded by

    Rexter Balista
    Jollibee Foods Corporation is the largest fast food chain in the Philippines, founded by Tony Tan Caktiong. It owns several restaurant brands and has over 600 stores in the Philippines and 50 internationally. Finance involves managing financial resources and making decisions about acquiring assets and raising capital. Important areas of finance for Jollibee include financial management, capital markets, and investments. Financial management focuses on asset acquisition, capital raising, and maximizing firm value. The goal of management is to maximize shareholder wealth through decisions that increase stock price and intrinsic value over the long run.

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    of 27

    Group 1 : Overview of Financial Management in Jollibee

    Rexter Ballista Kharl Edward Condeza Clent Marvin Dadulas Glen Dareen Santos Aynah Andig Diorelane Estapia Baobao Shedee Grace Galleon Giselle Salem Jeanifer Tano Ferri Tolentino

    Jollibee foods corporation


    Jollibee Foods Corporation (JFC) is a fast-food restaurant chain based in the Philippines. It is founded by TONY TAN CAKTIONG. As the country's leading fast food chain, Jollibee has grown exponentially on all aspects on operation. From a handful of stores 32 years ago, Jollibee now boasts of more than 600 stores and over 50 international stores. Jollibee Foods Corporation is a parent company of the following: Jollibee Chowking Greenwich Red Ribbon Yonghe King Delifrance Chun Shui Tang Manong Pepes Hong Zhuang Yuan

    Finance
    Finance is the art and science of managing the financial resources of a business Economists developed the notion that an asset's value is based on the future cash flows the asset will provide Accountants provided information regarding the likely size of those cash flows. Finance them grew out of and lies between economists and accounting, so people who work in finance need knowledge of those two fields.

    Top Management Organizational Chart

    Organizational Chart Notes


    Board of Directors the top governing body within the organization. Chairperson of the Board - generally the highest ranking individual. He may also serve as the CEO (Chief Executive Officer) as well. Chief Operating Officer (COO) directs the firm's operations which include: a. Marketing Departments b. Manufacturing c. Sales d. Other operating

    Chief Financial Officer (CFO) generally the senior vice president and is usually in charge of: a. Accounting b. Financing c. Credit Policy d. Investor Relations e. Decisions regarding Asset Acquisition

    Area of Finance in Jollibee


    Financial Management focuses on decisions relating to how much and what types of assets to acquire, how to raise the capital needed to buy the assets, and how to run the firm so as to maximize its value. Capital Markets relates to the markets where interest rates, along with stock and bond prices, are determined. Also studied here are the financial institutions that supply capital to businesses. Investments relates to decisions concerning stocks and bonds

    Importance of Finance in Jollibee


    Allocation if financial resources Funds are channeled to activities that are considered profitable and will increase the value of the business. Procurement of funds The awareness of the different sources of funds. Efficient and effective utilization of financial resources The firm see to it that resources are actually being used for what they have been intended

    Different forms of Business Organization


    Proprietorship - an unincorporated business owned by one individual. 3 important advantages: (1) They are easily and inexpensively formed. (2) They are subject to few government regulations, and (3) They are subject to lower income taxes than corporations. Limitations: (1) Proprietors have unlimited personal liability for the business debts, so they can lose more than the amount of money they invested. (2) The life of the business is limited to the life of the individual who created it. (3) Because of the first two points, proprietorships have difficulty obtaining large sums of capital; hence proprietorships are used primarily for small businesses.

    Different forms of Business Organization


    Partnership is a legal arrangement between two or more people who decide to do business together. Advantages: (1) They are easily and inexpensively formed. (2) The firms income is allocated on a pro-rata basis (3) Taxed on an individual basis Disadvantages: (1) All of the partners are generally subject to unlimited personal liability. (2) Limited life of the organization (3) Difficulty of transferring ownership (4) Difficulty of raising large sum of capital

    Different forms of Business Organization


    Corporation is a legal entity created by a state, separate and distinct from its owners and managers, having unlimited life, easy transferability of ownership, and limited liability. Advantages: (1) Corporations have unlimited lives (2) Easy transferability of ownership (3) Limited liabilityonly up to actual funds invested Disadvantages: (1) Corporate earnings are subject to double taxation (2) Setting up a corporation is complex

    Different forms of Business Organization


    S Corporation is a special designation that allows a small business that meets qualifications to be taxed as if it were a proprietorship or a partnership rather than a corporation. Limited Liability Company is relatively new type of organization that is a hybrid between a partnership and a corporation. Limited Liability Partnership is similar to an LLC but used for professional firms in the fields of accounting, law, and architecture. It has a limited liability like corporations but is taxed like partnerships. Note: Jollibee Classification is C Corporation

    Goal of Management
    Shareholder Wealth Maximization is the primary goal of managers of publicly owned companies implies that decisions should be made to maximize the long-run value of the firms common stock. Management's goal should be to make decisions designed to maximize the stock's price. Shareholder wealth = number of shares outstanding x market price per share Profit Maximization is the short run process by which a firm determines the price and output level that returns the greatest profit Maximizing the intrinsic value will maximize the average price over the long run. It should be to take actions designed to maximize the firms intrinsic value, not its current market price.

    Stock price and Shareholder value


    Stock price The value of any asset is the present value of the stream of cash flows the asset provides to its owners. So, stock prices are based on cash flows expected in future years. It is based on the estimate of the perceived investor returns and perceived risk. Shareholder value

    Intrinsic Values, Stock Prices, Marginal Investor and Equilibrium

    The larger the expected profits and the lower the perceived risk, the higher the stocks price. True return or risk is return and risk that investors would expect if they had all of the information that existed about a company Perceived return and risk is the investor expectation given the limited information they have Intrinsic Value is an estimate of a stocks true value based on accurate risk and return data. It can be estimated but not measured precisely and it is calculated by a competent analyst who has the best available risk and return data. Market Price is the stock value based on perceived but possibly incorrect information as seen by the marginal investor. It is the actual market price.

    Intrinsic Values, Stock Prices, Marginal Investor and Equilibrium

    Marginal Investor is an investor whose views determine the actual stock price. Equilibrium is when actual market price=intrinsic value. Therefore, investors are indifferent between buying or selling a stock and there is no pressure for a change in the stocks price.

    Important business trends in Jollibee


    New Business practice of Jollibee

    Reference: www.jollibee.com.ph

    Important business trends in Jollibee


    Increased Globalization of business

    Reference: www.jollibee.com.ph Improving information technology The use of Wi-fi in some Jollibee franchise establishments.

    Jollibee Business Ethics


    Business ethics is a companys attitude and conduct toward its employees, customers, community and stockholders. Some examples of Jollibee business ethics and social responsibility

    Reference: www.jollibee.com.ph

    Jollibee Business Ethics

    Reference: www.jollibee.com.ph Jollibees flagship CSR program, Maaga ang Pasko reached out to more children on its 15th year with long-time partner Aga Muhlach through a Christmas caravan that brought gifts to several areas including those devastated by the typhoons. Gathering an unprecedented total of 220,083 toys and books Maaga ang Pasko has been one of the most successful toy and book donation drives in the country.

    Other Topics: Conflicts between Manager, Stockholder and Bondholder


    Managers versus stockholders Managers personal goals may compete with share holder maximization. In particular, managers might be more interested in their own wealth that their shareholders wealth. Good executive compensation plans can motivate to act in their stockholders best interest. Useful motivational tools include: - Reasonable compensation packages. - The threat of hostile takeovers. - Firing managers who dont perform well

    Other Topics: Conflicts between Manager, Stockholder and Bondholder


    Stockholders versus bondholders Bondholders generally receive fixed payments regardless of how well the company does, while stockholders do better when the company does better. Stockholders/ bondholder conflict also arises over the use of additional debt

    Financial Statements
    Statement of financial position

    Comprehensive income

    Cash Flow

    THE END

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