What is MEC Essay Example | Topics and Well Written Essays - 500 words

What is MEC - Essay Example It educates children of employees. It also targets vulnerable children of the society. It also promotes the health of the society through production of quality goods and services that are environmental friendly. The company also gears itself towards strengthening its organizational structure and service delivery. It employees qualified personnel who promotes the welfare of the company and all the shareholders. The company also invests in community infrastructure through building schools, roads and hospitals (MEC 2013). This is aimed at enhancing corporation with the outsiders. The company also maintains economic development and job creation through paying taxes to the government and offering job opportunities. The organization believes that it needs to play its part in the growth and development of the community. It also expects the government to perform its roles diligently by providing an appropriate environment. Companies are obligated to preserve the environment. The company produces goods that are environmental friendly, renewable and utilizes less energy (MEC 2013). This is aimed at reducing environmental pollution and creates a good rapport with investors. For example, the company’s textile products contain over 50% cotton or recycled polyester (MEC 2013). It is believed such products can decompose and they are recyclable. In addition, the company has strived to improve human conditions in its factories. The company has exit doors in case of a fire breakout. It also has fire extinguishers and personnel work within stipulated time. Lastly, the company promotes conservation of ecology, water catchment areas and other recreational centers. MEC focuses on working with suppliers and factories by empowering them to uphold the MEC code of conduct. The conduct usually prescribes the minimum standards that enhance environmental responsibility. The company also believes in environmental responsibility because it audits factories

Business Law-Legal Advise Essay Example | Topics and Well Written Essays - 1000 words - 1

Business Law-Legal Advise - Essay Example KED Resale offers ceramic capacitors, frequency control devices, SAW devices, RF modules, and other products manufactured by Kyocera Electronics Corporation. The Connectors segment provides ELCO automotive and telecommunication and memory connectors. AVX is a subsidiary of Kyocera Electronics Corporation where the latter owns 71% of the Company. The Companys top competitors include KEMET Corporation, Murata Manufacturing and Vishay Intertechnology Inc. In 2008, AVX acquired ATC for $230 million in cash. The acquisition is a major move for AVX to enhance the Companys advanced products segment. In addition, it will allow AVQ to venture into other markets including the development of High Reliability Products and High Frequency Products. Aside from this transaction, AVX has been eyeing other companies with potential of expanding the current offerings (Wyatt Investment Research, 2008). Moreover, the Company has been active in developing new products for various customers. AVX have introduced several high technology products. The Company has also been involved in developing solutions for energy exploration through a partnership with the U.S. Department of Energy. In particular, AVX developed a hybrid automobile engine to further enhance the governments oil exploration output (2008 Annual Report). One of the major initiatives of AVX in 2009 is the development of products that promote alternative or green energy. The Company expects that investing in the burgeoning market will provide an average of 20% growth annually. The targets of AVX are automobile manufacturers that have started developing hybrid cars and other vehicles. AVX have been innovating circuits, capacitors and connectors for such purpose (2009 Annual Report). In 2009, AVX announced that all offices will be moved from Myrtle Beach to Greenville which is both in