Management Feasibility

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CHAPTER III

MANAGEMENT FEASIBILITY

A. BASIC CONSIDERATION IN FORMING THE ORGANIZATION:

Management in all business areas and organizational activities are the acts of

getting people together to accomplish desired goals and objectives efficiently and

effectively.

Management compromises planning, organizing, staffing, leading or directing, and

controlling an organization ( a group of one or more people entities) or effort for the

purpose of accomplishing a goal. Resourcing encompasses the deployment and

manipulation of human resources, financial resources, technological resources, and

natural resources.

B. THE FORM OF OWNERSHIP:

The proponents decide to form a partnership type of business. All the partners will

contribute money not equally depending upon the ratio agreed by the partners and

shoulder the risks depending on the position assigned. In making the decision, all the

partners are going to participate.

The enterprise is a partnership type of business. A partnership is a voluntary

association of two or more persons to carry on as co-owners, a business for profit. Art.

1767 of the civil code defines partnership as a contract between two or persons binding

themselves to contribute money property or industry to a common fund, with the

intention of dividing the profits among themselves.

The proposed business project will be held by 5 friends who jointly worked on

this project. This is a partnership type of business organization wherein the persons who

voluntarily and mutually made this business along with the obligations to combine their

resources such as money, property, expertise, and skills to come up into a desirable

business output, which are profit and growth.

C. ORGANIZATIONAL CHART:

Drecker emphasized that good organization structure does not by itself produce

good performance, just as a good constitution does not guarantee a great president or

good laws. But a poor organizational structure makes good performance impossible, no

matter how good the individual managers may be. To improve organizational structure

will therefore always improve performance.

Figure 3.1

D. THE OFFICERS AND KEY PERSONNEL:

We separate and assign the specific tasks and responsibilities according to our

abilities, knowledge and skills.

THE PRESIDENT:

- responsible in monitoring, managing, and leading the entire business.

- responsible in making decisions and problem solving.

(P/OM) PRODUCTION and OPERATION MANAGEMENT:

- responsible in determining product specifications to meet the customers need

and the production methods necessary to make the products.

- responsible in purchasing for acquiring the materials and supplies necessary

for production.

MARKETING and SELLING MANAGEMENT:

- responsible for understanding customers’ need-generating and maintaining

demand for firms product. Ensuring customers’ satisfaction and developing

new markets and product potential.

- responsible in distributing the finished goods to customers.

FINANCIAL MANAGEMENT:

- responsible in financial decisions, that affect the choice of manufacturing

equipment and raw materials, use of over time, cost-control, policies, and

price volume decisions.

- responsible in providing data on costs and prices that help other managers

evaluate performance.
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President

MARKETING AND SELLING

PRODUCTION AND OPERATION MANAGEMENT

FINANCE AND ADMINISTRATION

ASSISTANT FINANCE MANAGER

worker 3

worker 2

worker 1
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