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Analyzing the Market Potential of Messy Banana Chips in San
pascual Batangas city
A Feasibility Study
Presented to
The Faculty of the Senior High School
BAUAN TECHNICAL INTEGRATED HIGH SCHOOL
Bauan,Batangas
In Partial Fulfilment
Of the Requirements for the K to 12
MEMBERS
Gabi, Daniel Matthew N.
Agbay, Reynalyn C.
Bacong, Glesyl Jenina M.
Miranda, Faye Michelle D.
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CHAPTER 1
INTRODUCTION :
"Messy Banana Chips" seeks to evaluate the practicality and potential
success of introducing this unique snack to the market. Messy Banana Chips are
homemade treats that offer a healthier variation of traditional banana chips,
delivering a delightful combination of natural sweetness and a satisfying crunch.
Created from thinly sliced ripe bananas, coated with a delightful mixture of sugar,
dark chocolate, strawberry, and optional flavors, and carefully fried in a medium
heat, these chips provide a guilt-free indulgence that appeals to health-conscious
consumers. In this study, the researchers aims to analyze various factors,
including market demand, competition, production costs, distribution channels,
and potential profitability. It will also assess the preferences, buying behavior,
and willingness to pay of the target market for this innovative snack.
Furthermore, the study will explore potential collaborations with local farmers to
ensure a consistent supply of high-quality bananas. Through this comprehensive
feasibility study, the objective is to determine the viability and profitability of
launching Messy Banana Chips, offering valuable insights and recommendations
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for a successful market entry.
The study aims to assess the market demand for Messy Banana Chips,
determining the level of interest and potential customer base for this unique
snack. It will analyze consumer preferences, purchasing behavior, and their
willingness to pay for a healthier and flavorful alternative to traditional banana
chips. Secondly, the feasibility study will conduct a thorough analysis in the
market, their product offerings, pricing strategies, and distribution channels. This
will help determine the market positioning and potential market share for Messy
Banana Chips. Additionally, the study will delve into the production costs involved
in making Messy Banana Chips, including the cost of sourcing good-quality
bananas, the required equipment, packaging materials, and labor expenses. This
analysis will provide crucial insights into the feasibility of producing Messy
Banana Chips at a competitive price point while maintaining profitability.
Furthermore, the study will explore potential distribution channels, such as
grocery stores, online platforms, or specialty food shops, to determine the most
effective and efficient way to reach the target market. In this study the
researchers will assess the potential profitability of Messy Banana Chips,
considering factors such as pricing, production costs, marketing expenses, and
projected sales volume. By examining these objectives, this study aims to
provide valuable insights and recommendations to support the decision-making
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process and ensure the successful market entry of Messy Banana Chips.
OBJECTIVES OF THE STUDY:
1. To determine the effect of different banana varieties on the taste and
flavor of messy banana chips.
2. To determine the potential market demand and consumer perception of
messy banana chips as a healthy snack alternative.
3. To determine the effect of different banana varieties on the taste and
flavor of messy banana chips.
4. To determine the potential market demand and consumer perception of
messy banana chips as a healthy snack alternative.
MISSION:
To carefully evaluate and reveal Messy Banana Chips' unreached market
potential in San Pascual, Batangas, by utilizing in-depth market research and
strategic insights. Our goal is to offer useful recommendations that enable local
businesses to prosper and satisfy evolving customer demands in the constantly
evolving snack market.
VISION:
To be the driving force behind Messy Banana Chips' expansion and
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sustainability in San Pascual, Batangas; to create a thriving market where local
businesses utilize their special talents, take advantage of new trends, and
promote economic growth. By supporting knowledgeable decision-making and
building an effective environment for Messy Banana Chips in the area, we hope
to have a long-lasting effect.
SCOPE AND LIMITATION :
The scope of a feasibility study on making messy banana chips involves
assessing various key areas to determine the viability and potential success of
the venture. Firstly, the study will focus on examining the market demand for
messy banana chips, including consumer preferences, trends, and potential
target markets. This will involve conducting market research and surveys to gain
insights into the target audience, their purchasing behavior, and their acceptance
of this unique snack option. Secondly, the study will evaluate the availability and
sourcing of high-quality bananas, taking into account factors such as seasonality,
suppliers, and the possibility of forming partnerships with banana farmers or
distributors. The study will also explore the feasibility of establishing or modifying
production facilities to accommodate the production of messy banana chips,
including the necessary equipment, space, and utilities. Additionally, the study
will delve into the production process itself, examining the steps involved in
peeling, slicing, frying, seasoning, and packaging the banana chips. It will assess
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the efficiency, cost-effectiveness, and potential challenges associated with each
step, with the goal of optimizing the production process. Furthermore, the study
will analyze the financial aspects, including the initial investment required,
production costs, pricing strategies, and potential revenue streams. It will also
evaluate the profitability and return on investment (ROI) of the venture,
considering factors such as production volume, market demand, and competition.
Lastly, the study will consider the regulatory and legal aspects, ensuring
compliance with food safety regulations, labeling requirements, and other
relevant laws and standards. The scope of the feasibility study aims to provide a
comprehensive assessment of the market potential, production capabilities,
financial feasibility, and legal considerations involved in making messy banana
chips. This study serves as a guide to inform decision-making and determine the
viability of the venture.
One limitation of conducting a feasibility study on the production of messy
banana chips is the potential difficulty in scaling up the manufacturing process.
While the study may focus on small-scale production and demonstrate the
viability of producing messy banana chips in a controlled setting, expanding to a
larger-scale operation can present various challenges. These challenges include
ensuring a consistent and reliable supply of high-quality bananas, finding
appropriate production facilities, and acquiring the necessary equipment for
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increased production capacity. Additionally, the study may not fully account for
the complexities involved in managing a larger production operation, such as
effectively managing the workforce, handling logistics, and establishing
distribution channels. Furthermore, the financial feasibility of scaling up
production to meet market demand and compete with established snack
manufacturers may require further analysis beyond the scope of the initial study.
It is important to acknowledge that while the feasibility study provides valuable
insights into the feasibility of producing messy banana chips on a smaller scale, it
may not encompass all the considerations and challenges associated with large-
scale production
CHAPTER 2
MARKET STUDY
In the rapidly changing business environment, organizations find a
comprehensive market study indispensable for making well informed decisions
and securing a competitive advantage. Through a systematic analysis of factors
like consumer behavior, competitive landscapes, economic indicators and
regulatory influences, A market study yields valuable insight that serves as the
foundation for strategic planning. This method rooted in data-driven approaches,
enables businesses to adjust emerging market trends, customize their offerings
to align with consumer preferences, and effectively navigate challenges,
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establishing a robust groundwork for long term success.
Market studies transcend mere data collection, converting information into
actionable intelligence. Whether entering new markets, introducing products, or
repositioning existing ones, a proficient market study serves as a guiding
strategic tool, directing businesses toward optimal resource allocation and
sustainable growth. In an era characterized by perpetual change, adapting a
proactive and adaptable approach to market studies become crucial for
organizations aspiring not only to endure but also to prosper within the constantly
evolving landscape of commerce.
OBJECTIVES OF THE STUDY
1. To determine the internal strengths, weaknesses, external threats, and
opportunities of the business.
2. To determine the optimal pricing strategy to maximize profits and sales.
3. To plan on strategizing and developing effective marketing plans to
successfully enter the market.
4. to determine the food category and anticipate changes in product size,
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quantity, or weight.
DEMAND
Demand refers to the consumers' desire to purchase a particular good or
service. It is influenced by factors such as price, income, consumer preferences,
and market conditions. In order to determine the demand for a product like
messy banana chips in San Pascual, Batangas, the proponents conducted a mini
survey among potential consumers who are fond to banana chips. This survey
helps the owners to gauge the potential success of their product in the market
and predict whether it will satisfy the consumers' expectations.
SUPPLY
Supply involves a comprehensive analysis of various factors related to the
availability, quality, cost, reliability, and alternatives of resources required for the
project. This includes evaluating the accessibility of raw materials, equipment,
labor, and utilities in the project location or through suppliers, ensuring that these
resources meet the necessary standards and specifications, analyzing the cost
implications of procurement and transportation, assessing the reliability of
suppliers to meet project timelines, and exploring alternative sources to mitigate
supply chain risks. By thoroughly examining these aspects, the feasibility study
provides critical insights into the feasibility and viability of the project, enabling
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stakeholders to make well-informed decisions regarding resource allocation and
risk management strategies.
DEMAND AND SUPPLY ANALYSIS
The feasibility study "Analyzing the Market Potential of Messy Banana
Chips in San Pascual, Batangas" entails a comprehensive demand and supply
analysis to gauge the viability of introducing messy banana chips to the local
market. On the demand side, market research will delve into consumer
preferences, purchasing power, and trends in snacking habits, with a focus on
health consciousness and preference for locally sourced products. Additionally,
assessing competition and seasonal variations in demand will provide insights
into market dynamics. Meanwhile, on the supply side, considerations include
sourcing raw materials like bananas, evaluating production capacity and
processing facilities, and navigating the regulatory environment related to food
production. Feasibility will be determined through cost analysis, revenue
projection, profitability assessment, and risk identification, allowing stakeholders
to make informed decisions regarding the potential success of introducing messy
banana chips in San Pascual, Batangas.
TARGET MARKET
When conducting a feasibility study to determine the target market for
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selling messy banana chips in Pascual, Batangas, several factors should be
taken into consideration. Firstly, understanding the preferences and tastes of the
local consumers in the area is crucial. Surveys or market research can provide
valuable insights into their snacking habits, preferences, and willingness to try
new and unique snack options like messy banana chips. Additionally, analyzing
the demographic profile of the area, including age, gender, income level, and
lifestyle, can help tailor marketing efforts and product positioning to appeal to the
target audience. Highlighting the natural ingredients, and other nutritional
benefits of messy banana chips that can attract health-conscious consumers who
are seeking healthier snack with a unique alternative.
Another potential market segment to explore is tourists and travelers. If
Pascual, Batangas is a popular tourist destination or experiences a significant
influx of travelers, targeting this audience can be advantageous. Tourists often
seek out local snacks and souvenirs, presenting an opportunity for messy
banana chips to be positioned as a unique local snack. Establishing partnerships
with local retailers, grocery stores, cafes, and restaurants can help expand the
customer base and increase visibility.
Lastly, having a strong online presence is essential in today's digital age.
Creating a website and utilizing social media platforms can effectively promote
messy banana chips and reach potential customers beyond the local market.
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Engaging with online communities, sharing enticing visuals, and highlighting the
unique aspects of the product can generate interest and drive sales.
SWOT ANALYSIS
SWOT ANALYSIS is a strategic planning tool that evaluates the strengths,
weaknesses, opportunities and threats of a business or project to make informed
decisions. It requires gathering relevant information to help businesses
understand and address their weaknesses and potential threats. This analysis
helps researchers identify possible weaknesses and threats that a business may
encounter, providing valuable insights for overcoming them.
STRENGTH
Strength refers to the internal factors or attributes that give a business or
project a competitive advantage over others. These can include resources,
capabilities, expertise, brand reputation, market position, or any other positive
aspects that contribute to the success and growth of an organization. In the case
of QUADROS innovative company’s Messy Banana Chips, the main strengths of
the proposed business are its potential to bring a new and enjoyable snack to the
market, the belief that the product will be a big hit, and the expectation of
significant growth. The main strengths of the proposed business are:
Unique Product Offering: The unique product offering of messy banana
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chips provides a distinct advantage for the business, setting it apart from
competitors in the snack industry. This uniqueness has the potential to attract a
niche market of customers seeking a distinctive snacking experience.
High quality ingredients: By utilizing premium quality bananas and
carefully selected ingredients, the business can ensure that their messy banana
chips deliver superior taste and texture, catering to customers who prioritize high-
quality and flavorful snacks. This commitment to quality can contribute to
customer satisfaction and loyalty.
Health-conscious Appeal The health-conscious appeal of messy banana
chips positions them as a viable alternative to traditional snacks. With their baked
or air-dried preparation, absence of artificial additives, and use of natural
ingredients, these chips can meet the demand of health-conscious consumers
seeking nutritious and guilt-free snacking options.
Incorporating sustainable sourcing practices: such as partnering with
ethical suppliers for banana sourcing, showcases the business's commitment to
environmental responsibility. This aspect can resonate with customers who
prioritize supporting eco-friendly brands, potentially enhancing the business's
reputation and market positioning.
Creative Branding & Packaging: By investing in creative branding and
packaging designs, the business can establish a strong brand identity and
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differentiate itself on store shelves. The visually appealing and eye-catching
presentation of the messy banana chips can capture the attention of potential
customers, increasing the likelihood of purchase and fostering brand recognition.
WEAKNESSES
`Weaknesses refer to the areas of improvement or vulnerabilities in a
person, system, or thing. They are the characteristics or features that prevent an
individual or entity from achieving it’s full potential. Weaknesses are one of the
disadvantages that a company might experience . Identifying the firm’s
weaknesses is a significant thing that the business owners may find alternatives
and ways on how they can improve more and how they can face it. Messy
Banana Chip is a kind of snack that also has a lot of same kind of product around
the said location therefore it results with some of the company’s weaknesses as
it follows;
Limited Local Market: The local market in San Pascual Batangas might
not be large enough to support a sustainable business, especially if there are
already other competitors in the same market.
Consumer Preferences: The preference for banana chips might differ
from region to region. The people in San Pascual Batangas might not have a
high demand for banana chips, or they might prefer other types of snacks.
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Production and Supply Chain Challenges: There might be difficulties in
sourcing quality bananas consistently, especially if there are climate changes or
natural disasters affecting banana plantations. Additionally, the process of
making banana chips might require specific equipment and techniques that might
be costly to implement.
Regulation and Policies: There might be local regulations and policies
that could affect the business, such as health and safety regulations, business
licensing requirements, etc.
Market Trends: The global banana chips market is growing, but the trend
might not be the same in San Pascual Batangas. It's important to understand the
local market trends and adapt the business strategy accordingly.
Impact of COVID-19: The ongoing pandemic might have changed
consumer behavior and affected the overall snack industry, which could also
impact the potential market for banana chips in San Pascual Batangas.
THREAT
Threats refer to the negative external factors that do not benefit your
organization. They can be anything that can potentially cause damage to your
company, product, or profitability. Threats should be given an attention as it may
destroy the company’s strength and turn into something that is unexpected.
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Entering a business with known threats can be challenging and gives an
uncertain feeling, having threats around business gives some peer pressure and
uncertainty. The threats of Messy Banana chips are as follows;
Competition: There may already be established competitors in the
market selling banana chips or similar snacks. Competing with existing brands
can be challenging, especially if they have loyal customers and strong market
presence.
Changing Consumer Preferences: Consumer preferences can change
over time, and the demand for banana chips may decrease if there is a shift
towards other snack options. It's important to stay updated on consumer trends
and adapt the product offerings accordingly.
Quality Control and Shelf Life: Maintaining consistent quality and
freshness of banana chips can be a challenge. Ensuring proper packaging,
storage, and distribution to maintain the product's shelf life is crucial to meet
customer expectations.
Supply Chain Disruptions: Any disruptions in the supply chain, such as
fluctuations in banana availability, natural disasters, or transportation issues, can
impact the production and availability of banana chips. Having contingency plans
and alternative sourcing options is essential to mitigate these risks.
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Regulatory Compliance: There might be regulatory requirements and
food safety standards that need to be met when producing and selling banana
chips. Failure to comply with these regulations can result in legal issues and
damage the brand's reputation.
Price Sensitivity: Consumers in San Pascual, Batangas, or the wider
market may be price-sensitive. Setting competitive and sustainable pricing
strategies while considering production costs and profit margins is important to
attract and retain customers.
Market Saturation: If the market becomes saturated with banana chip
products, it may become challenging to differentiate and stand out from
competitors. Developing unique selling points, such as innovative flavors or
packaging, can help overcome this threat.
PRODUCT
The proponents came up with Messy Banana Chip as they wanted to
introduce a unique and innovative snack option that would capture people’s
interest and to satisfy their taste buds The business offers a wide range of snack
variations and provides delivery services for convenience. Messy Banana Chip
are a delightful twist on traditional banana chips, designed to appeal to
individuals with adventurous palates and a desire to try something different. The
chips come in different variety of exciting flavors, including Dark Chocolate,
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White Chocolate, Vanilla, Strawberry, and Matcha.
PRODUCT SIZE/QUANTITY
Banana chips are crispy, deep-fried or dried banana slices. Typically,
harder, starchier banana cultivars like the Saba and Nendran cultivars also
known as "cooking bananas" or plantainsare used to make them. They have
flavours that are salted or sweetened, as well as ones that have banana
essence. We intended to combine chocolate with banana chips since they
enhance the flavour of the product, which is crispy, golden yellow in colour, and
has a distinct banana aroma and flavour. However, we ultimately chose to
combine it with a different chocolate flavour. Everyone enjoys eating sweets,
especially when they are unfamiliar to them. Therefore, we saw this as an
opportunity for the business to give its customers a high-quality flavour and
experience with the food they will be consuming.
Since there are no gender restrictions, anyone can purchase the suggeste
d product, which upholds everyone's freedom to taste and experience the goods
that these businesses sell.
The product that the company will sell will be available in a range of sizes, just th
e correct quantity.
The bananas that will be chosen from the market will be medium in size so that t
hey may fit and fill the entire jar, and the chocolate will be the perfect amountp
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erhaps one or two cups.
BRAND NAME
The firm or good is identified by its brand name, which also sets it apart
from other products in the same market. It is an effective tool for determining the
target brand image, projecting it against competitors, and establishing the brand's
position among the broadest possible audience. Without the brand name, the
business won't be able to stand out from the competition, acquire a unique name
if they purchase the product, reach customers, or leave a lasting impression on
them. The company's or firms' advantages over other comparable types of
currently operating businesses are reflected in the brand name. the proposed
"Messy Banana Chips" brand name, which stands for the company's quality. The
word "messy" describes a dish that is obviously enjoyable and fun to eat. They
can choose from a variety of flavors, including chocolate, vanilla, and strawberry,
as well as other flavors we plan to mix in. The word "banana chips" describes a
snack that is popular with many people, but dehydrated bananas are only
appealing to wealthy,
health- conscious
people.
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PACKAGING
The packaging protects our goods from any dirt or bacteria that can
contaminate or deteriorate the food. It also keeps our product safe, fresh, and
fresh for consumption. In addition to promoting the brand and making the product
simpler to identify, attractive packaging also influences customers' purchasing
decisions. The study's backers decided that there would only be one thing
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included in the product package, and that item would represent the flavor that
customers had selected for our messy banana chips. When it comes to their
preferred options, customers' convenience was considered when selecting the
product's packaging. A tiny plastic jar with a white lid will serve as the packaging
so that if we place the logo sticker on top, the logo will pop and will outshine and
so the jar's body. Customers can reuse the jar if it is empty, which makes it
easier for us to uphold our company's objective of being an environmentally
conscious enterprise.
PRICING
Price is the value of the product that is offered and is determined by a
difficult series of processing, comprehension, research, and taking risks skills. A
number of elements, including customer ability to pay, rival activity, trade
margins, and input costs, must be taken consideration when setting prices.
Pricing strategy is the process of adding value to your business or product
by skillfully understanding the state of the market. With smart price management,
they can produce large profits and cash as a result. On the other hand, if pricing
is mismanaged, the business will suffer because either too high of prices
cannibalizes sales volumes or too low of prices fails to adequately cover
expenditures.
CHANNEL OF DISTRIBUTION
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The Quad'innovate company will be implementing a manufacturer-retailer-
consumer model of distribution channel. The manufacturer will establish a
production facility for the flavored messy banana chips, ensuring a high quality
source of raw materials and efficient manufacturing process. We will then
collaborate with grocery stores, supermarkets, and convenience stores, Offering
attractive point-of-sale displays to grab customer attention. It will be then sell
directly to the customers and establishing a feedback mechanism to understand
customer preferences and improve the product accordingly.
Manufacturing Producer
Retailer
Consumer
PROMOTION
Promotion is figuring out if a project or business idea is a good and
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workable plan. It involves looking at the benefits, like making money or meeting
demand, to see if the project is likely to succeed and be worthwhile. Essentially,
it's about showcasing the positive aspects that make the idea feasible. It is the
act of promoting or encouraging certain behaviors or interventions that can
improve health outcomes.
Table 2.19
Promotion Mix Strategies
What Who When Where How Budget
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Flyers Business 3 days Public It will be P 3/PC
Proponents before the Market, distributed to
5.8 ‘X8.3’
operation School near different
or a5
San individuals
Pascual, going to 500 x 3
Streets Waltermart,
= PHP
where School and
1500
poeople on the street
mostly pass on the said
by, location
Waltermart
Tarpulin Business 5 days Public It will be P 150/pc
Proponents before the market, advertised
2mx3m
operatioin Sari- sari on streets
stores, and where 3x150
near School vehicles and
=PHP
where people will
450
people passed by
most pass and it will
by also be
posted at
the said
location of
the business
Internet Business 8 days Internet Design site None
Marketing Proponents before the Marketing will be done
said by one of
operation the
proponents.
It contrains
all the
advantages
from the
other
existing
business as
well as the
mission and
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vision of the
business
The promotional strategy of the Quad’innovative Comapany focuses on
the two types of traditional advertisement which the first one will be the traditional
way or through printed materials and the second one is for the online
advertisements. For the printed advertisements first on the list was the flyers
which are to be distributed at Public market, School near San Pascual,
Waltermart and where people mostly pass by. The distribution of flyers will be
done 3 days before launching the `said business. These colored flyers are
printed has a basic size of 8.5x11 inches as short as short bond paper the
company will be producing 500 copies amounting to PHP 1,500 that will be given
to chosen target market of the firm. The second printed advertisement was the
tarpulin which will posted on public areas such as Public Market, Sari-sari stores,
and near School where people mostly pass by. The tarpulin is a large materiual
that is larger than the flyers. These tarpulins will produce with 3 copies that will
be amounting PHP 450. Then lastly will be about the online market that uses
Facebook page as it’s main instrument to spread the business brand to a wider
number of populations. Facebook has the most visited social media and the
study’s proponents chose to take it as a change to promote the business
knowing that news on Facebook is actually faster than the other media platform.
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The Facebook page will be displaying the business mission and vision, the
offered products and services as well it’s advantages from other existing banana
chips.
An effective promotional strategies is the best give the business
proponents may give their firm knowing that they allow the business to introduce
it’s name and it’s product and as well as the target customers to know the
significance of the said firm. Customers may be persuaded and become aware
with the Messy Banana Chip that offered products through implementing an
effective promotional mix.
Figure 2.9
Flyer
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Figure 2.10
Tarpulin
Flyer 2.11
Facebook Page
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GENERALIZATION
This chapter discuss and summarized the market study conducted by the
proponent which cover the data gathering, supply analysis, demand and supply
analysis, SWOT analysis, marketing programs product category and place of
distribution. This played an important role to ascertain the capability and
feasibility of the product in the market.
By the means of survey and analysis to gathered the data, the proponent
found out the different statistical figures for determining demand and supply of
the product in the market. Strength, Weaknesses, Threats and Opportunities
were also discussed. Cheap but effective marketing strategies were studied and
other aspects of marketing such as brand name/logo, pricing, channel and
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promotional activities were given considerations.
CHAPTER 3
Messy Banana Chip is an upcoming snack product that aims to offer a
unique and delicious snacking experience. This feasibility study focuses on
highlighting the benefits of this proposed snack and evaluating various factors
that are crucial for its successful production. One of the key aspects of this study
is determining the production cost of Messy Banana Chip. This includes
analyzing the cost of raw materials, equipment, packaging, and other production-
related expenses. By understanding the production cost, we can ensure that the
snack remains affordable while maintaining a high-quality standard. the study
emphasizes the availability and accessibility of the resources needed in the
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process of making Messy Banana Chip. This involves assessing the availability
of bananas, chocolate coatings, and other ingredients, as well as identifying
reliable suppliers. Ensuring a steady supply chain is essential for consistent
production and meeting customer demand. This feasibility study seeks to
emphasize the advantages of the envisioned product. Additionally, it aims to
assess the production feasibility by examining the availability and accessibility of
required tools and materials. The study also concentrates on establishing
effective schedules and time allocations for production, serving as the foundation
for achieving reasonable quality and quantity in production and determining
appropriate pricing.
OBJECTIVES OF THE STUDY
1. To determine the description, applications, and advantages of the
intended product.
2. To determine the production timeline and required time for the
manufacturing process.
3. To identify the necessary ingredients essential for producing the
product.
4. To identify an appropriate location site for both the business and
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product manufacturing.
TECHINICAL STUDY
This feasibility study seeks to emphasize the advantages of the envisioned
product. Additionally, it aims to assess the production feasibility by examining the
availability and accessibility of required tools and materials. The study also
concentrates on establishing effective schedules and time allocations for
production, serving as the foundation for achieving reasonable quality and
quantity in production and determining appropriate pricing.
Messy Banana Chip is an upcoming snack product that aims to offer a
unique and delicious snacking experience. This feasibility study focuses on
highlighting the benefits of this proposed snack and evaluating various factors
that are crucial for its successful production. One of the key aspects of this study
is determining the production cost of Messy Banana Chip. This includes
analyzing the cost of raw materials, equipment, packaging, and other production-
related expenses. By understanding the production cost, we can ensure that the
snack remains affordable while maintaining a high-quality standard. the study
emphasizes the availability and accessibility of the resources needed in the
process of making Messy Banana Chip. This involves assessing the availability
of bananas, chocolate coatings, and other ingredients, as well as identifying
reliable suppliers. Ensuring a steady supply chain is essential for consistent
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production and meeting customer demand.
PRODUCT DESCRIPTION
Messy Banana Chips are a delightful snack that combines the natural and
authentic flavor of bananas with a tempting twist of dark chocolate and white
chocolate coating. These chips are irregularly cut, giving them a unique, rustic
look that emphasizes their handmade quality. They are the perfect snack for
those who appreciate something sweet and crave a unique and healthy treat.
Located in the bustling public market of San Pascual, Batangas, Messy Banana
Chips is strategically positioned to attract a diverse range of customers. The
market is known for its popularity among millennials and individuals who are
eager to try something new and exciting. This location provides a convenient and
accessible spot for customers to indulge in the delicious and one-of-a-kind
experience offered by Messy Banana Chips.
USES OF THE PRODUCT
Uses of the Products Messy banana chips is a product located at San
Pascual, Batangas. The crunchy treats are packed in reusable plastic jars. It has
variety of flavors that it offers, whether its strawberry, ube, chocolate, and vanilla
flavors drizzled over crispy banana slices. They can be a great snack and enjoy
them straight from the jar or add them as toppings for desserts like ice cream,
baked goods or cereals. It can add that crunchy and flavorful bite. Some flavors
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even feature local filipino ingredients, supporting the community while satisfying
consumer's cravings. Whether munching at home or sharing with friends, messy
banana chips bring delights to every occasion.
MANUFACTURING PROCESS
Manufacturing is a meticulous process that involves the conversion of raw
materials, semi-finished goods, or components into finished products. In the
making of Messy Banana chip, the manufacturing process begins with the
dehydration of banana slices, which are then coated with a combination of dark
and white chocolates. To ensure smooth operations, tabular data is utilized to
track each step of the production of these tasty banana chips. A dedicated team
of skilled employees executes this detailed manufacturing process with expertise
and commitment, guaranteeing the creation of flawless chips. By upholding strict
quality standards, customers can enjoy a consistently delightful experience with
every bite.
PRODUCTION PROCESS
1. preparation of ingredients, materials and tools. preparation of the fresh
ingredients and needed materials such as food dehydrator, knife, big stainless
bowls, tray, measuring cups, chopping board, measuring spoon, and other
materials that will be used in the process of making the product. it will take a
minute in preparing all the materials needed.
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2. making the dried banana. in preparing the banana chips we will use the
air fryer which has a food dehydrator, the banana will be sliced into pieces and
placed it into the air fryer and will be dehydrated in an hour or so, it will be
dehydrated in batches so it will take long, the banana will have no coating it will
just be the banana it self.
3. making the chocolate. this process will just need a chocolate bar and a
whole milk, by mixing the chopped chocolate bars into the milk while their sitting
in a hot boiling pot.
4. making the messy banana chips. in this process the banana that will be
put in the jar and will fill it with the banana chips, and will be weighed so that the
ingredients will be equal, then the chocolate ganache will be the last part that will
be putting in the jar, then the buyer will just shake the jar if they'll eat it.
PROCESS FLOW CHART
Preparation Production process
(9:00am-10:00am) (10:00am-10:40am)
All workers
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Prepare Flavoring Prepare and slice
Drizzle bananas
(11:20am-12:00nn) (10:40am-11;20am)
Cook 2
Cook 1
Fry banana slices Drizzle banana chips
with desired flavorings
(12:00nn-12:50nn)
(12:50nn-1:20pm)
Cook 1 Cook 2
Breaktime Cool and set of banana
chips
(1:40pm-2:40pm)
(1:20pm-1:40pm)
Packaging and Labelling of flavors for
transferring to plastic each jar
jar
(3:20pm-4:00pm)
(2:40pm-3:20pm)
All workers
All workers
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Selling of products Placing jar on shelves
(4:30pm-6:30pm) appropriately
All workers and (4:00pm-4:30pm)
cashier All workers
Resuming business
breaktime operations
(6:30pm-7:00pm) (7:00pm-8:00pm)
All employees All employees
House keeping
(8:00pm-8:30pm)
Housekeepers operations
are continuous
PRODUCTION SCHEDULE
To ensure that everything is done successfully and efficiently when the
firm is launched, the proponents will oversee the production process. However,
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the business owners will also make sure that the business operates by hiring the
best personnel they can find. The employees' working hours are from 10:00 am
to 6:30 pm. They will take a break at 12:00 and then return at 1:00 to finish the
product. The firm will have alternating working days, such as MWF, with a
relaxation day on the other day.
PLANT LOCATION
FIGURE 3.1
FIGURE 3.2
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FIGURE 3.3
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PLANT SIZE AND LAYOUT
FACTORY TOOLS AND EQUIPMENT
The business uses manufacturing tools and equipment as part of their
production process. Tools and equipment aid in the company's product
fulfillment. The product cannot be created without the necessary tools and
equipment. The production process will run smoothly if the right tools and
equipment are in place. To prevent accidents, the equipment needs to be
carefully inspected and stored.
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OFFICE FURNITURE AND FIXTURES
Furniture and fixtures are larger items of movable equipment that are used
to furnish an office. This is a commonly used fixed asset classification that is
categorized as a long-term asset on an organization's balance sheet. Office
furniture and fixtures refer to the various items and equipment used in an office
setting to facilitate work, organization, and comfort. These items are essential for
creating a functional and productive workspace.
ITEM Specification Quantity Unit Cost Total Cost
(Php) (Php)
Desks Farid office desk 4 3,675.00 14,700
Chairs Office chair mesh 4 755.00 3,020
breathable study
computer chair
Shelves (Bearing 600KG) multi 2 1,399.00 2,798
purpose 5/6 layer heavy
duty
Desk lamps LED Desk light study desk 4 152.00 608
lamp
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Whiteboards Deli white board big size 1 859.00 859
600*900mm/24IN36IN
whiteboards for wall white
Aircon Fujidenzo 0.6 Hp inverter
grade window type aircon
with remote control
Clock Quartz analog wall clock 1 149.00 149
24.6cm
Total Php
31,982.00
Desk Lamps: provide task lighting for activities that require focused light,
such as reading, writing, studying, or working on a computer.
Shelves: used for items that are displayed or stored in a home, business,
store, or elsewhere.
Aircon: is the process of removing heat from an enclosed space to
achieve a more comfortable interior environment.
Whiteboard: used to visualize thoughts, concepts, write down ideas, explain and
teach, plan and create in the group and many other things.
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OFFICE SUPPLIES
Office supplies assist businesses in managing their day-to-day operations.
They support businesses in their everyday transactions, business growth, and
business failures. Office supplies are necessary to maintain daily operations in
the workplace. It facilitates and improves accuracy of office tasks.
Item Specification Quantity Unit of Unit Annual
measurement price cost
(Php) (Php)
Ballpen Panda hbw 5 Piece 10 50
Bondpaper(short) Hard copy 2 Ream 200 400
Bondpaper(long) Hard copy 2 Ream 326 652
Long folder a-plus folder 5 piece 12 60
white
Short folder a-plus white 5 Piece 11 55
folder
Black marker Pilot 1 Piece 50 50
Red marker pilot 1 Piece 50 50
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Stapler Max stapler 1 Piece 25 25
Puncher Joy 1 Piece 42 42
Record book Valiant 1 Piece 34 34
Scissors Akt craft 1 Piece 15 15
Staple wire Max stapler 1 Box 45 45
wire
MAINTENANCE SUPPLIES
Maintenance supplies refers to the various materials, tools, and equipment
required to uphold cleanliness and hygiene standards within a business or
facility. These supplies play a crucial role in maintaining a clean and organized
environment, contributing to the overall feasibility and success of the business.
description specification quantity Unit Total
cost cost
(Php) (Php)
Sanitizers Avant alcogel hand sanitizer 2 150.00 300.00
69.9% solution 500ml
Brooms Emall Philippines multi-purpose 3 89.00 267.00
plastic broom with long handle
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YX-309
Mops Rotary 88 spin mop big size 1 225.00 225.00
Dustpan Sunnyware 922 dustpan-small 2 56.00 112.00
dustpan
Garbage bag MNM garbage bag XL by shop 2 75.05 150.1
suki
tissues Tissue 3ply tissue 3 15.00 45.00
Floor mats Good quality rectangle 4 23.00 92.00
doormat/basahan
Trash can 6305 square garbage bin with 3 105.00 315.00
swing cover 11L
gloves Philippines top 1 100pcs./pack 2 99.00 198.00
disposable gloves on off plastic
gloves
masks Face masks medical masks 2 35.00 70.00
3Ply face mask disposable
mask -50 pcs. Per box
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Total Php
1,774.1
Garbage bag: disposable bag used to contain solid waste. Many bags are
useful to line the insides of waste containers to prevent the insides of the
receptacle from becoming coated in waste material.
Gloves: a covering for the hand worn for protection against cold or dirt
and typically having separate parts for each finger and the thumb.
Broom: A broom is a cleaning tool consisting of usually stiff fibers
attached to, and roughly parallel to, a cylindrical handle, the broomstick. It is thus
a variety of brush with a long handle. It is commonly used in combination with a
dustpan.
Sanitizer: a substance or product that is used to reduce or eliminate
pathogenic agents (such as bacteria) on surfaces Dustpan. a flat handheld
receptacle into which dust and waste can be swept from the floor.
Floor mat: a hard floor covering that generally is placed on a floor or other
flat surface. Mats serve a range of purposes including: serving to clean items
passed over it, such as a doormat
RAW MATERIALS
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The availability of raw materials is crucial for the success of any business.
It is important to carefully analyze the source of raw materials to prevent any
delays in the production process. In order to determine the availability of the
required raw materials, the proponents visited various stores in the public market
of San Pascual, Batangas City.
Raw materials play a crucial role in ensuring the efficient production of our
business's products. They are essential for the overall success of the business. It
is important to carefully assess the source of these raw materials to prevent any
potential delays in the production process. To determine the availability of the
necessary raw materials, the proponents conducted a thorough investigation by
visiting various stores in the public market located in San Pascual, Batangas City.
DIRECT MATERIAL
Items Quantity Specifications Unit cost Total cost
Banana 5 Per kilo 80 400
Chocolate bar 10 Per pieces 45 450
White 5 Per pieces 45 450
chocolate bar
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Strawberry 5 Per pieces 45 450
chocolate bar
Ube flavoring 3 Per pieces 40 400
Whole milk 5 5 boxes 75 375
INDIRECT MATERIALS
Item Specification Quantity Unit cost Total cost
Small jar Transparent small jar 70 10.00 700.00
Large jar Transparent large jar 70 14.00 980.00
Sticker paper Glossy/matte 72 40.00 2,880.00
total Php 4,560
UTILITIES
Utility means figuring out if a proposed project is practical and beneficial. It
involves looking at costs and benefits, checking if the project aligns with the
organization's goals, and considering its impact on society and the environment.
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The goal is to decide if the project is worth pursuing by weighing the advantages
against the costs, ensuring it fits with the organization's plans, and understanding
its broader effects. This helps decision-makers make smart choices about
whether the project is doable and valuable in the long run.
Utilities Monthly consumption Annual consumption
(Php) (Php)
Electricity 5,500 66,000
Water 3,000 36,000
Telecommunication 2,500 30,000
Total Php 132,000.00
ELECTRICITY
Meralco in San Pascual, Batangas will supply the necessary electricity for
production. The business requires a reliable electric supply to ensure smooth
production, as we rely on various electrical machines and appliances. The
monthly electric bill for this service will amount to Php 5,500.
WATER
Aqua data located in San Pascual, Batangas will supply the water.
Given that the company will be selling items that require's water. The seller will
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require water supplies for the use of the product, such as water for washing the
jar or sanitizing the things that will be used in process of the making
The cost of the water usage is PHP 3,000.
TELECOMMUNICATION
Converge offers telecommunication services, which are essential for the
employees of the company, especially the manager. Telecommunication enables
the manager to conveniently communicate with customers and suppliers,
benefiting the business. The cost of this telecommunication service is Php 2500
per month.
WASTE DISPOSAL
An organization's responsibility to the environment and the community is t
o dispose of waste properly. In the process of producing the product, the
customer will decide whether to reuse or discard the used jar, but they are bound
to discover a use for it. The company will also sell some waste to junk shops,
including used cans, bottles, jars, and waste that can be recycled.
LEASEHOLD ESTABLISHMENT
A leasehold is an accounting term for an asset being leased. The asset is
typically property such as a building or space in a building. The lessee contracts
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with the lessor for the right to use the property in exchange for a series of
scheduled payments over the term of the lease.
Description Quantity Unit cost (Php) Total cost (Php)
Plywood 100 pcs. 400.00 40,000
Tiles 150 pcs. 217.00 32,550
Door lock 3 pcs. 359.00 1,077
Wood 200 pcs. 200.00 40,000
Nails 7 kg 100.00 700
DIRECT LABOR
Direct labor refers to the expenses associated with the employees directly
involved in the production process. This includes their wages, salaries, and
benefits. Direct labor costs are a crucial factor to consider in feasibility studies as
they impact the overall production cost and can influence the financial viability of
a project or business venture. It is important to note that direct labor costs are
considered direct costs, meaning they vary in direct proportion to revenue or
other measures of activity. However, in a production environment, there may be
a certain level of staffing required regardless of the number of units produced.
In terms of managing the business, the proponents will take on the role of
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the manager. They will be responsible for tasks such as hiring and training
personnel, as well as negotiating with suppliers. Our business plan is to employ a
team consisting of 2 cooks, 1 cashier, 1 dishwasher, a bookkeeper, and a
business manager. They will work eight hours every day, Monday to Saturday.
The workers will have a total of 25 working days each month and an average of
300 working days per year. The proponents have excluded 52 Sundays and 12
holidays from the count of working days. Each worker will receive daily
compensation, with the cooks earning Php 400, the cashier earning Php 300,
and the dishwasher earning Php 370. The bookkeeper will receive a monthly
salary of Php 2,700, while the manager will receive a daily rate of Php 800. The
company aims to produce a total of 864 units annually.
CHAPTER 4
MANAGEMENT STUDY
Management study is the field of study that focuses on the principles,
techniques, and practices of managing and coordinating resources to achieve
organizational goals. It involves the planning, organizing, directing, and
controlling of activities within an organization to ensure its smooth operation and
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success. Management study covers various aspects such as leadership,
decision-making, communication, human resources, finance, marketing, and
strategic planning.
Objectives of the Study
The primary aim of the research is to establish the organizational strategy
required for attaining the set objectives. This encompasses the following specific
goals:
1. To form an organizational structure conducive to effective business
management.
2. To determine suitable form of business ownership that will govern the
enterprise.
3. To determine legal prerequisites of the business before commencement
of operations.
4. To create a team and policies for effective management
5. To identify initial capital contributions from each partner essential for
initiating the business.
Forms of Business Organization
A partnership is a form of ownership where two or more individuals or
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entities come together to jointly own and operate a business venture. It is a legal
structure in which the partners share the profits, losses, and responsibilities of
the business according to the terms of a partnership agreement. Partnerships are
often formed when individuals or organizations want to pool their resources,
skills, and expertise to pursue a common business goal. Each partner contributes
capital, assets, or services to the partnership, and in return, they share in the
profits or losses generated by the business.
Capitalization Capital
Capitalization is a quantitative assessment of a firm's capital structure. It is
a process of estimating the total capital required to start and operate a business
or project. This capitalization includes both initial investment costs and ongoing
operational expenses. Capitalization is a crucial aspect of a feasibility study as it
helps stakeholders, investors, and decision-makers understand the financial
requirements and feasibility of the proposed venture. Each partner will contribute
Php 2,000,000.00, resulting in a combined initial capital contribution of Php
8,000,000.00. It is imperative to utilize the capital sources with efficiency and
effectiveness to facilitate business expansion. The allocated funds will cover
diverse operational expenses, provisions for contingencies, and other related
costs.
PARTNERS CONTRIBUTION (PHP)
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Gabi, Daniel Matthew N. 2,000,000.00
Agbay, Reynalyn C. 2,000,000.00
Bacong, Glesyl Jenina M. 2,000,000.00
Miranda, Faye Michelle D 2,000,000.00
Total Php 8,000,000.00
Organizational Structure
An organizational structure is a system that outlines how certain activities
are directed in order to achieve the goals of an organization. These activities can
include rules, roles, and responsibilities (Kenton et al., 2024). The organizational
structure also determines how information flows between levels within the
company. For example, in a centralized structure, decisions flow from the top
down, while in a decentralized structure, decision-making power is distributed
among various levels of the organization. Having an organizational structure in
place allows companies to remain efficient and focused. Businesses of all
shapes and sizes use organizational structures heavily. They define a specific
hierarchy within an organization. A successful organizational structure defines
each employee's job and how it fits within the overall system. Put simply, the
organizational structure lays out who does what so the company can meet its
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objectives. The structure is illustrated using an organizational chart.
MANAGER/BOOKKEEPER
WORKERS HOUSEKEEPERS DELIVERY MAN
Manpower Requirement
Manpower requirement refers to the number and type of human resources
or workers needed to fulfill the staffing needs of an organization to achieve its
goals and objectives. It involves identifying and quantifying the workforce
necessary for various functions and positions within the organization. Manpower
requirements are influenced by factors such as the organization's size, structure,
industry, business goals, and the specific tasks and responsibilities associated
with each job. The process of determining manpower requirements typically
involves forecasting future demand for labor based on business projections,
analyzing the current workforce, evaluating turnover rates, and considering
changes in technology and processes that may affect staffing needs. This
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information helps organizations plan recruitment, training, and development
strategies to ensure that they have the right number of qualified employees with
the necessary skills to meet their operational and strategic objectives.
Job Description
A description of employment typically comprises the title of the position,
the name or position of the person to whom the employee reports, and the tasks,
objectives, responsibilities, scope, and working circumstances of the position.
Typically, the foundation of a job requirement is the job description.
Manager/Bookkeeper
Manage day-to-day financial operations, including accounts payable,
accounts receivable, and payroll.
Maintain accurate and up-to-date financial records using accounting
software.
Prepare and analyze financial reports to provide insights for decision-
making.
Oversee budgeting processes and ensure adherence to financial goals.
Implement and enforce financial policies and procedures.
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Ensure compliance with tax regulations and assist in the preparation of tax
returns.
Manage relationships with workers
Contribute to the development and improvement of internal control
systems.
Housekeeper
Clean and tidy up living spaces and common areas.
Perform regular cleaning tasks such as sweeping, mopping, and dusting.
Ensure a neat and organized appearance on appliances.
Maintain cleanliness in the working field by cleaning the mess and
cleaning appliances.
Keep an inventory of cleaning supplies and inform when restocking is
needed.
Attend to special cleaning tasks or requests from residents or
management.
Ensure a hygienic and sanitized environment in all areas.
Workers
Deliveryman
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Safely and efficiently transport goods to designated locations.
Follow delivery schedules and routes provided by the dispatcher.
Load and unload items from the delivery vehicle.
Ensure that delivered items match the provided order and are in good
condition.
Adhere to traffic rules and regulations, promoting safe driving practices.
Maintain the cleanliness and regular maintenance of the delivery vehicle.
Provide excellent customer service, including courteous interactions with
clients.
Communicate effectively with the dispatcher and report any issues or
delays.
Keep accurate records of deliveries, including proof of delivery and any
incidents.
Job Specification
Manager/bookkeeper
Male or female age of 24 years old and above.
Must be college graduate of BS management.
Can manage subordinates.
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High degree of accuracy and attention to detail.
Must have dedication or passion at work.
must have leadership skills.
Willing to guide the workers.
preparing and filing financial documents.
Must good at Problem-Solving and Decision-Making to address the issues
and achieve the desire outcomes.
Housekeeper
Previous experience in housekeeping or similar roles is a plus.
Knowledge of cleaning techniques and proper use of cleaning supplies.
Ability to prioritize tasks and manage time efficiently.
Attention to detail and a commitment to maintaining high cleanliness
standards.
Physical fitness to perform cleaning tasks and lift/move moderate loads.
Good communication skills and a friendly demeanor.
Dependability and a strong work ethic.
Workers
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Delivery Man
Valid driver's license and a clean driving record.
Proven experience as a delivery driver or in a similar role.
Familiarity with local roads and neighborhoods.
Ability to handle and prioritize multiple deliveries in a timely fashion.
Strong physical stamina for lifting and carrying packages.
Excellent time management and organizational skills.
Customer-focused with good communication skills.
Ability to work independently and problem-solve on the go.
Basic knowledge of vehicle maintenance.
Compensation
Compensation refers to monetary payment given to an individual in exchange for
their services. In the workplace, compensation is what is earned by employees. It
includes salary or wages in addition to commission and any incentives or perks
that come with the given employee's position.
Compensation is a tool used by management for a variety of purposes to further
the existance of the company. Compensation may be adjusted according the the
business needs, goals, and available resources. Compensation may be used to
recruit and retain qualified employees. Increase or maintain morale/satisfaction.
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reward and encourage peak performance.
If the distribution of compensation is done fairly, based on systematic
factors. There are several compensation systems in place to assess the worth of
different roles. The regulatory office ensures that the compensation is given in a
correct and feasible way. the following were set as the primary guidlines
Other benefits
Organizational policies
Every business has its own set of policies that provide guidance to
employees and customers. These policies serve as general statements that
direct the actions and decisions of employees in common situations. They reflect
the management's philosophy and help shape the organization's character.
These policies are designed to align the organization's work with its objectives
and enable effective leadership.
Policies towards the Employees
Employees must work at least 8 to 10 hours.
Employees must wear proper clothes.
Employees should file a leave before committing absences.
Salaries will be given at 15th and 30. The salaries will be given twice a
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month.
Employees will be having work schedule and rest period.
1 hour rest time is only allotted for each employees.
Proper hygiene is a must.
Workers should treat all the customers properly with respect and little
patience.
Proper disposal waste of waste should be monitored at all the time.
Workers are held responsible for any damages of tools and equipment in
their custody.
Food is free for workers.
The business will be operate three days a week, starting from Monday,
Wednesday and Friday, it will be opened at 10am to 8 pm.
Policies towards the Supplier
All supplies must be in good condition.
aim to increase aggregate demand to boost output in the short run.
They are required to deliver the ordered products within the specified
timeframe given.
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evaluate the performance of their suppliers including product quality.
Legal Requirement
I. Registration to security and exchange commission
B. Acquisition of barangay clearance
II. confirmation of the application form
III. Payment of all necessary fees and taxes at the municipality
treasurer’s office
IV. Registration at the bureau of internal revenue
Generalization