The business continues to exist even if the owner leaves or dies. Corporation is defined in Bats Bananas Bldg. 68, Section 2 as a “an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly authorized by law or incident to its existence. “. 4. 4 Nature of Business Manufacturing is the production of merchandise for use or sale using labor and machines, tools, chemical and biological processing, or formulation.
The term may refer to a range of human activity, from handicraft to high tech, but is most molly applied to industrial production, in which raw materials are transformed into finished goods on a large scale. 4. 5 Vision, Mission, Core Values 4. 5. 1 Boston We intend to provide our customers with variety of home decorations with best designs and its company’s responsibility to continually improve all aspects of the world in which we operate environmentally, socially and economically?creating a better tomorrow than today. . 5. 2 Mission Factors. Shall bring out sustainable practices and anticipate the needs of our customers the best designs to become involved in environmental issues, which help o reduce wastes especially in the public market and to make practical and effective use of fish scales in domestic and other country. 4. 5. 3 Core Values Factors. Shall operate under their core values which was Environmental Friendly Home-free Innovative Inventive 4. Establishing the Initial Capital As agreed by the shareholders, each shareholder is responsible to contribute for the initial capital that will use for the operation of the business. In terms of cash amounting This would be the total initial capital of the business that will presents in table 4. 6. 1: Table 4. 6. 1 Contribution of Partners Names Amount Contributed Rodents P. Genesis Rubies C. Board Mary- Ann M. Jimenez Earlier Ivan V. OSI Katherine R. Roomer Ronald John M. Callaghan Emerson O. Salesman’s Total 4. Organizational Objectives As the proponents choose a form of business that will be suit to its operation that will help to achieve its business goal, they have the following guidelines and objectives in order to support and guide the business operation: a. Management Control Before the proponents start its proposed project, they would like to make sure that’s the operation has its good quality control in order to avoid encountering problems. B. Establishing a good relationship between the business and employees.
A business was designated to give good quality of services in order to achieve customer satisfaction at the same time that may catch the loyalty of the consumer. By this building a good relationship between the co-employees and to the business will serve as one of its objective, it could have better results in terms of gaining profit and help other people to satisfy their needs. C. Environmental Concern The main objective of the business was concerning to our environmental issues, one of it was the waste disposal in the market.
In order to help UT nature, the availability of the said waste will help to reduce and recycle to make a new innovation of product that will be also one of the factors that can catch the attention of the customers. 4. 8 Organizational Policies Being discipline and well-mannered employee is very vital and has a big impact in every organization. Organizational policies are done to achieve its goal and have a better outcome towards the work, its very important in every field of industry especially it could help for decision making in both employees and the business.
Organizational policies should be updates and controlled by actions. The following are the general rules of the Factors. : 1 . All the Factors. Shall be aware and responsible during working hours in terms of finishing their duties within the day. 2. The operation management shall follow the rules, process of operation in producing the product to provide a good customer service and to satisfy customer. 3. Punishments and some sanctions shall imposed for those who did not follow the rules and regulations that maybe encounter some problems in giving services to the customers. . 9 Employment Employment is a relationship between two parties, usually based on a contract, one Ewing the employer and the other being the employee. 4. 9. 1 Employee Requirements Resume with ex. picture Barraging Clearance Police Clearance NIB clearance ASS Number Tax identification Number 4. 9. 2 Employment Process Qualified applicants shall under go with a series of test, qualifying examinations, medical test, interviews before formally considered as an employee of Factors. 1 . Submission of resume with ex. picture of the applicants to the manager 2.
The manager will analyze first the resume of the applicant and then call it if he/she is suitable to the Job. 3. First interview and then first examination 4. The applicant will be asking to return after 2 days for the results of first interview and exam. 5. If he/she passed the exam. The applicant will undergo to its final interview or final screening. 6. If passed in the final interview, list of requirements will be given to comply for a specific period of time. 7. Orientation. 8. After the applicants are oriented, he/she will be trained for one week regarding to the operation of the business. . 9. 3 Orientation The new employees are required to undergo in a special orientation, which is cuisses the company’s vision, mission, policies or rules and regulation, for them also to know their duties and responsibilities to the business. 4. 9. 4 Personnel Records Factors. Shall keep all the records and maintain on updating each employee’s data in terms of their personal documents, such as changes in address, phone number and other important information. 4. 9. 5 Contracts of Employment All the employees of Factors. Hall sign first the corresponding Contract of Employment, before to start their work in the business; it’s a legal contract between the employee and to the company. 4. 10 Organizational Chart . 10. 1 Duties and Responsibilities Chief Executive Officer (CEO) The responsibilities of the CEO include developing and implementing high-level strategies, making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors and the corporate operations.
The CEO will often have a position on the board, and in some cases is even the chair. Function Manager Function manager has management authority over the department within the company and has ongoing responsibilities, and are not usually directly affiliated with reject teams, other than ensuring that goals and objectives are aligned with the organization’s overall strategy and vision. Sales Manager The sales manager is the person responsible for leading and guiding a team of salespeople.
A sales manager’s tasks often include assigning sales territories, setting quotas, mentoring the members of her sales team, assigning sales training, building a sales plan, and hiring and firing salespeople. Sales quotas and plans are established by the sales manager and it is her responsibility is to see to it that her salespeople meet those quotas. Design Manager Coordinate with product, sales or marketing teams to create the right product presence, design, or logo.
Design departments are integral to the success of a product as consumers often are attracted to a product or Judge its quality based on its outward appearance, labels and other design elements. Production Manager A production manager is involved with the planning, coordination and control of manufacturing processes. They ensure that goods and services are produced efficiently and that the correct amount is produced at the right cost and level of quality. The scope of the Job depends on the nature of the production system: jobbing, mass, process, and batch production.
Project Manager Responsible for each contracts end item and is responsible for defining the organizational structure of the project and for interfacing with the functional organizations. It directs and controls all work performed within the framework of the work breakdown structure. It has the authority for work breakdown structure; element’s task assignment; control and assigns budgets; and master project schedule(s). Makes final decisions on tradeoff studies, and task changes within the interact statement of work.
Product Team Manager The production team leader is responsible for being a leadership resource to team members, providing knowledge, experience, motivation, support and advice. The leader is responsible for knowing proper procedures for workers to follow and ensuring that they comply. The leader might be called upon to share special industry techniques on how to use tools and equipment, or tips on how to improve quality or speed of production. The production team leader encourages team effort and supportive attitudes between workers. 4. 11 Manpower Requirement
It is important to every business to get the most qualified and skilled employees who will serve as an asset and will give a good quality of services to the customers, these employees should be more competitive and effectively all the time, literally a high standard of qualifications in hiring and selecting the proper employee that will be suitable for each Job to have an effective results to its operation. The total manpower requirement for the proposed business is estimated at 100 employees, 50 laborers for the production, 25 salesman, 5 cashiers, 10 drivers and 10 helpers.