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In this world of globalization, the global evolution has changed drastically, especially that modern technologies have been continuously developed to serve the consumers’ needs. Any business that does not catch up with such changes to meet its consumers’ needs will be disadvantaged, and so this is another risk factor that every business should realize. Hence, the Company has been well-prepared, such as sufficient inventory policy, and the product information system linked with suppliers to have advance notice of any product changes. Besides, the Company supports its staff’s to learn about all new product development to serve the customer’s demand promptly.
Risk from Changes of Raw Material Price and Product Price
Changes in the prices of raw materials and products, affect the operation of the business. The Company has conducted some monitoring and control methods to closely follow up and to minimize the selling costs to be more competitive and affordable for the customers.
Risk Factors in Management
Risk from Credit Extension
Risk from Credit Extension comes from the customers’ inability to discharge with their obligations. To prevent such risks initially, the Company has implemented credit extension measures. Before approving the credit extension, the financial standing of its potential customer will be scrutinized with relevant government authorities or financial institutions. In the case of a customer’s credibility being considered dubious, the Company will demand additional collaterals/security such as letter(s) of guarantee or other securities as well as personal guarantors.
On default of payment, the Debts Follow-Up Committee will negotiate with the particular customer for a compromise. It may agree to let the customer repay its debts on an installed basis, with interests, or may decide to forward the case to the Legal Department to initiate legal action in accordance with the law. Consideration will be made on a case-by-case basis as to what course of action will be taken on any particular case. From past instances, the Company’s problems of loss from debts are considered to be low.
Risk from the Instability of Economy and Politics
Many national circumstances have unavoidably affected Thailand’s economy. National economic growth rate and national consumption rate have declined. Political problems and domestic chaos delayed the government projects and also affected the private sector. The uncertainty of such problem solving caused the declined national creditability and investment from other countries. Such risk factors are uncontrollable by the Company. Therefore, such problem-solving and damage control schemes should be implemented rapidly in a righteous and ethic manner by mainly considering the benefits of stakeholders, investors, people, and the nation. The Company has followed up the situations closely and reconsidered its contracts and protocols to meet with the conditions set by the government, and requested sympathy on the project obstacles from the project approval authorities. The Company hopes that all the projects, which the government invited the private sector to undertake, facing obstacles of delaying the operation would reach rational solutions in the near future.
Thai to English: Thai ICT Personnel Potential Development Project 2007 General field: Tech/Engineering Detailed field: IT (Information Technology)
Source text - Thai บทที่ 3
การจัดฝึกอบรมหลักสูตรผู้เชี่ยวชาญด้านความมั่นคงปลอดภัย
ของระบบเครือข่ายและคอมพิวเตอร์
Translation - English CHAPTER 3
TRAINING COURSES FOR NETWORK AND COMPUTER SECURITY
SPECIALISTS (NCS)
3.1 Details of the Training Program
• Objectives of the Training Courses
1. To develop ICT personnel to meet ICT Career Standards and be able to apply their knowledge to improve their works, and to increase competitive edge in the global market.
2. To increase standards of ICT personnel to be recognized in the international level.
• Goals of the Training Courses
Set up training courses for Network and Computer Security Specialists (NCS) Level 1, 2 and 3, the duration of each course is 24 hours (4 days) with target participants as follows:
- Level 1: 50 participants
- Level 2: 30 participants
- Level 3: 20 participants
• Pattern of Training Courses
Courses are conducted as workshops that take 24 hours (4 days) in each course. A training room, an instructor and an assistant, computers, and networking devices are provided throughout the course.
Every participant will receive training materials including a bag and a pen. Moreover, there are pre-test and post-test, before and after the training course respectively. Those who pass the training course will receive certificates from the Ministry of Information and Communication Technology.
According to the training, registration, light meals, and luncheons are provided. The instructors evaluate the Participants’ improvement. The courses are evaluated by participants.
• Evaluation Criteria for Awarding a Certificate
- Network and Computer Security Specialist (NCS) Level 1
Participants who are eligible for the certificates must pass 2 requirements:
1. Class Participation at least 80% of total training hours, and
2. Obtain post-test with the score of at least 75%
- Network and Computer Security Specialist (NCS) Level 2 and 3, have different evaluation criteria as described below:
Certificate type 1 Participants who are eligible for the certificates must pass 2 requirements:
1. Class Participation at least 80% of total training hours, and
2. Obtain post-test with the score of at least 75%
Certificate type 2 Participants who are eligible for the certificates must participate in class at least 80% of total training hours.
Remarks: the NCS Level 2 and 3 training courses award two types of certificates, whereas the NCS Level 1 training course has only 1 type of certificate.
• Training Venue
Room 906, 9th floor, Chalermprakiat Building, Rangsit University.
52/347 Muang Ek Village, Paholyotin Road, Lakhok, Muang, Pathumthani.
• Schedule and Number of Participants
1. Network and Computer Security Specialist (NCS) Level 1
November 5-6, 19-20, 2009, from 09.00 - 16.00 hrs.
63 participants
2. Network and Computer Security Specialist (NCS) Level 2
March 4-5, 11-12, 2010, from 09.00 - 1600 hrs.
34 participants
3. Network and Computer Security Specialist (NCS) Level 3
March 18-19, 25-26, 2010, from 09.00 - 16.00 hrs.
35 participants
English to Thai: Minus Hand Novel Translation General field: Art/Literary Detailed field: Poetry & Literature
Source text - English Seven years as a manager. During that time, I made many acquaintances, gathered money, and became a planner. Planning for a singer was creating something from nothing, and it was fun. In the beginning, I achieved big success, so I smoothly changed from a manager to a planner. However, the problem came after that.
After I became a planner in a big management company, I was put in charge of a big group. It was a 5-man group of singers, and they achieved success with their 4th album. When it was time for the 5th, I was put in charge of them. However, the result was a huge failure. Not only that, the members fought with the company, and a scandal between one of its members and one of their fans happened. All of this came together, and the result was that it ended up with the group disbanding. I was unlucky, but the important thing was that the 5th album had failed.
The problem became even bigger after that. From new singers to middle-tier singers, the misfortune didn’t end. I failed every single album I put my hands on. The middle-tier singers, who had never failed before, even became rash and ruined their name. This continued for three years.
That was how I got the nickname ‘minus’s hand.’ In the end, it was no different from being buried in this industry. Even so, with all of my effort, I gathered all of the money possible, from loans to debts, and planned a singer, but the result was that there was, even more, debt, the singer left, and I’m now unemployed…
Working in Business Development fields since 1988 with B.A. in English and M.A. in Business Communication and Management. One of my main task is to translate or edit Thai-To-English and English-To-Thai official documents including business agreements, legal contracts, product and project details, rules and regulations, marketing materials, etc.
My working background includes many fields such as management, marketing, operation, joint venture project management, PR and advertising, human resource, IT projects, Consumer Product projects, Personal Care Product projects, restaurant business, franchise business, etc.
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