Company analysis of Ooredoo (previously known as Q-tel) Research Paper

Company analysis of Ooredoo (previously known as Q-tel) - Research Paper Example The company is headquartered in Doha, Qatar and is growing ambitiously by capturing the opportunities that exist in the emerging market in the world. The Ooredoo Group operates with a wide range of brands in the communication industry and provides a collection of services which include mobile telephones, broadband, digital technologies and fibre technologies to serve their customer and the business industry. The core vision of Ooredoo is to enrich the lives of the people by being the leading communications company at the international stage. The Ooredoo group is committed to let their customer live their aspiration. This has been achieved for a huge customer base in international societies who are closely connected with their operators. The operators of Ooredoo keep close linkages with the communities and fulfil their daily needs. The markets of Ooredoo are present in Iraq, Indonesia, Oman, Algeria, Tunisia, Kuwait, Maldives, Palestine and Qatar. The chairman of Ooredoo, H.E. Sheikh Abdullah Bin Mohammed Bin Saud Al Thani enjoys the status of minister of state and has been instrumental in implementing effective corporate governance, corporate accountability and maximizing the wealth of its shareholders. In line with the vision statement, Ooredoo has a mission to become the leading international communications company in the world. ... For this Ooredoo maintains underlying ethics of true financial disclosures. Ooredoo group is committed to fulfil its corporate social responsibility by extending support to the communities and groups for charities in Qatar thereby returning the benefits to the society. The group also has a vision of contributing actively to social causes in the field of healthcare, education, sports, environmental aspects and welfare of the society. Ooredoo supports the national program for spreading awareness towards electronic wastes and their disposal techniques which helps in protecting the environment. Apart from that the company sponsors school events, educational projects. Ooredoo also supported construction of a full-fledged kidney dialysis centre in Qatar. As an outcome of adhering to the core values in line with the vision and mission statement, Ooredoo has achieved an eight fold growth from $800 million to $7.5 billion at the end of 2010 under the leadership of its management. Identificati on of stakeholders The stakeholders of the Ooredoo have increased as the company has expanded its operations in several markets all over the world by catering to the emerging needs in telecommunication. Ooredoo being a leading international communications company has both internal as well as the external stakeholders. The chairman of the Board of Directors, the governing body, representatives of the government and representatives of the private sector present in the governing body, the shareholders of the company and the employees of Ooredoo comprise of the internal stakeholders. The framework of policies of the organisation and implementing of those

Control System -inkwell Coursework Example | Topics and Well Written Essays - 4250 words

Control System -inkwell - Coursework Example A review of this system is targeted at enhancing how the company handles its employees’ remuneration and other work packages. In this report, the chosen system for review is the payroll system, whose investigations are expected to provide a summation of the entire accounting system that is in operation in the organisation. A study of Inkwell’s payroll system shall entail an in-depth examination of the organisational activities such as the tax management, tracking of taxes that have been withheld, analysis of the record of hours employees work, and a record of the paychecks issued to employees (Bragg, 2006.p.125-129). To assess the payroll system being used by the company with the motive to provide recommendations for its improvement in efficient employee management. The payroll system, being a core accounting system is essential to the management as it streamlines the organisation’s ability to stay on top of its regulatory and legal responsibilities. Therefore, this report shall seek to identify the weaknesses within the organisation’s payroll system, and determine the needs that require improvement. Therefore, the report shall outline the cost-benefits analysis of implementing the payroll system’s improvements in Inkwell Limited (Bragg, 2003.p.85-92). It is expected that as a result of this review, it would be possible for the payroll system being used to effectively process payroll reports that can be used to make tax withholding summaries. The covering of this system’s evaluation in this report has been achieved as part of an accounting assessment, which is part of the AAT level 4 accounting. 2.1 Inkwell Limited is a Limited Company with a larger section of its operations majored in the private sector. However, its specialisation in the re-manufacturing or re-cycling of used laser toner and printer cartridges. The company’s sales targets are achieved by distributing its products through a nationwide chain that comprises over 60 high