Outsourcing Salaries Services in Myanmar NGOs Essay

OUTSOURCING SALARIES SERVICE

PGSM

ASSIGNMENT you - MKT600 MARKETING

SUBMITTED BY

ZAW HTET AUNG

PGSM MBA-MKT600 PROMOTING

Assignment 1

1 . zero

Introduction

Kind of service

: Payroll Service associated with MPU

Brand of Bank

: Co-operative Lender (CB Bank)

Country of Origin

: Myanmar

Host Country

: Myanmar

Background Situation

In Myanmar, one of the Least Develop Countries (LDC), 75% from the total inhabitants is living in rural location and underneath poverty series. And many community and intercontinental organizations of humanitarian-aid, country and social development companies (including UN1Organizations) are trying to help people for better living and development for several years.

After Cyclone Nargis which will occurred in May well 2008, increasingly more INGOs2 and LNGOs3 come to emerge and expand bigger along with the disaster alleviation activities. To be able to carry out the programmatic and operational activities effectively and efficiently, the organizations arrive to reducethe workloads coming from each detailed section such as calling tenders for purchasing the required material rather than making direct purchase.

you

UnitedВ NationsВ

InternationalВ Non‐GovernmentВ OrganizationsВ

3

Local Non‐Government Organizations also called as Civil Society Organizations 2

For the org

ganizations those anordna a large number to staffs and/or many department ave

e

of

offices, pa

ayroll man

nagement became a challeng

ging work

kload on meters

monthly

basis. Alth

hough con

nsultancy s

solutions a growing in Myan

will be

g

nmar, outsourcing

companies e

especially i salaries m

in

manageme can be not recognized. There is a handful of

ent

s i9000

number of assistance p

farrenheit

providers fo payroll m

or

manageme as ban (Annex I) and

ing

nks

by

as businesses (Anne II). The coverage of the com

ex

mpanies in Myanmar is very

ur

limited to only in Yan

o

ngon – the administrative centre of Myanmar, and they do not a

electronic

f

capacity to

set-up an exceptional pay

u

yment system that th banks a competent Apart fro Cohe

are

e.

om

operative Bank, the additional ba

at the

anks tend not to announ

nce publicly intended for the payroll

service.

Good CB Bank

The Bank was set u as a priv

up

vate, non-public Ban on twenty first August 19 with

nk

A

992

the permis

ssion of th Central Bank of Myanmar underneath the law of Fi

this individual

e

inancial

Institutions of Myanm and un

h

mar

nder the law from the Central Lender of Myanm

w

marly.

The log of CB Bank – " the

go

B

rainbow” represen the ind

”

nts

divisible

synthesi

is

and

synergy

with out

discrimin

region of c

colors. It will take the

shape o the rainb

of

bow comprising its

FigureВ 1: В Logo

oВ ofВ CBВ Bank

dominan colors; r

nt

red, yellow-colored green

t,

and blue. It also means as big t saying should go, you will find the fantastic pot in the

u

and

the end in the rainbo pertaining to ratio

f

ow

onal people

at the.

Motto:

" We all value the things you value most. For your reliability, CB Bank”

Mission:

To serve the customers, staff, investors, the environment in

the greatest of values, best pleasure and complete satisfaction. Eyesight:

Our perspective is to turn into one of the topnoth leading banking companies in

Myanmar with solid foundation, superb overall performance, excellent graphic and standing.

Services furnished by CB Bank

CB provides a range of solutions focusing on retail banking – Saving pay in, current account, mortgage & overdraft, time pay in, wedding pay in, minor put in, remittance, gift-cheque, premier financial, Easi banking ATM services, money copy (foreign), cash exchange, foreign exchange accounts beginning, online phone-bill payment system (GBPS), international trade service, MPU EASI Smart Card, cash disengagement (Master, Visa, UnionPay), safe deposit locker room, payroll service, telegraph transfer (TT), eStatement service and also other special solutions.

2 . 0

Portion One: Organization and Competition Analysis

2 . 1

Macro and Mini Environmental Evaluation...

References: CB Bank (2013), CB Lender: Our Services, [Online], Available:

http://www.cbbankmm.com/services.php?l=e

CB Financial institution (2013), CB Bank: Coverage on Corporate Governance, [Online],

Obtainable: http://www.cbbank.com/corporate_governance.php?l=e

Central Bank of Myanmar (2012), National Payment System in Myanmar,

[Online], Available: http://www.cbm.gov.mm/content/national-paymentsystem-myanmar

Central Financial institution of Myanmar (2011), Set of Private Banking institutions, [Online], Available:

http://www.cbm.gov.mm/content/377

Katrinatrost (2012), The struggle for Democracy in Myanmar, " Boston

University, International Affairs Association"

MIMU (2013), Contact List of NGOs/INGOs, [Online], Available:

http://themimu.info/Contacts_and_Coordination/index.php

MIMU (2013), Country-wide Map of Myanmar, [Online], Readily available:

http://themimu.info/State-Region/Country%20wide/index.php

Ministry of Financing and Revenue (2011), Hard anodized cookware Clearing Union, [Online],

Available: http://www.cbm.gov.mm/content/asian-clearing-union

Myanmar Moments (2011), ATMs find favour with users, " Myanmar Business

Network", [Online], Available: http://www.myanmarbusiness.org/2011/11/atms-find-favour-with-users.html [26 Nov 2011].

Reuters (2011), Myanmar president approves legislation on central bank autonomy,

[Online], Available:

Than and Kyaw (2011), Grasp Card signifies first CREDIT transaction in Myanmar,

" Myanmar Times", [Online], Available:



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