CHAPTER 3: THE FINANCIAL PLANNING PROCESS, INCLUDING BUDGET PREPARATION. CASH MANAGEMENT, AND WORKING CAPITAL MANAGEMENT

TOPIC: FINANCIAL PLANNING

SM Investments is founded by Henry Sy. It has become one of the largest conglomerates in the Philippines, being the country's dominant player in retail with 208 stores nationwide of these, 47 are SM Department Stores: 38 are SM Supermarkets: 37 are SM Hypermarkets and 86 are SaveMore branches Let's take a look of their mission and vision as part of their long-term financial plan

ABOUT SM SUPERMALLS

SM Supermals is one of Southeast Asia biggest developers and the operator at 72 malls in the Philippines, and 8 malls in China, With an average foot traffic of 4.2 million daily in the Philippines, 300, 000 in China and over 20, 000 tenant partners SM Supermals provides family fun experiences as it partners with the best-loved brands and events. SM Supermalls is owned by SM Prime Holdings Inc. a publicly listed company and is one of the largest integrated property developers in Southeast Asia

MISSION-VISION

SM Supermalls aims to become Asia's most popular mall chain through constant innovation and partnership with the world's best retailers

We provide the family fun mall experience that makes every day better for all,

Together with our partners and employees, we commit to a better quality of life for the communities we serve by supporting programs and activities that are socially responsible and environmentally sustainable

Answer the following questions using the concepts in Chapter 3. Use 2-3 sentences only

1. What do you think are the strengths of the SM Investments? What are the potential threats it may faces?