Literature Review for Management and Organisation

Literature Review The healthcare product maker has come a long way from peddling Hokkein prawn noggins, encyclopaedias, pots and pans, electrical products, house-to-house to the current health lifestyle company, which its brand trope Osim just worth S$203 million. According to a study (2003) through by New York-based consultancy firm Interbrand, if Ron Sim ever decides to sell his company, he should be at least S$203 million richer, notwithstanding before he put up a pencil for sale. Interbrand estimated that 60 per cent of the sales could ascribe to the brand name al unmatched. Born to taxi-driver dad and cleaner mum in 1959, Sim was one of the seven siblings, a large family considering their humble circle. As a child, Sim was never comfortable with books but to play and having fun. However, his destitute circumstances left him in constant hunger pangs, let unaccompanied time for playing. The circumstances also forced him to always free and wanting to work to make money. As early as age nine, he went peddling Hokkien prawn noodles door-to-door subsequently school. He made 3-cent profit from a 20-cent bowl, averaging 50-80 cents in a day, a relatively handsome profit considering his age. He went to shape a serving assistance at a fishball noodle stall after school.

Upon completing his O Levels in 1975 and with grades entitled to pursue a diploma, he decided to work preferably because his family could not offer his education. Sim tried his hands on many another(prenominal) odd jobs, from construction worker to insurance and encyclopaedia salesman. later(prenominal) in 1980, he started a retailing company named R. Sim occupation Company at Peoples Park Complex, selling an diversity of odds and ends, from pots and pans, knives, drying rods, to itch-scratchers, wood massagers and foot-reflexology products. Disaster struck the company pentad years later due to the severe 1985 recession. Sim learnt the painful lesson that in order to survive, he needed to find a recessional in the small Singapore market. Through the... If you want to gain a full essay, order it on our website: Ordercustompaper.com

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