Management ASpect2.docx - CHAPTER 1 MANAGEMENT ASPECT I...

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CHAPTER 1: MANAGEMENT ASPECT I. Type of Business A business is an organizational effort between individuals with common goals where in it aims to produce and sell goods and services that will satisfy society’s needs, and earn a profit. This business falls under manufacturing, as it uses raw materials and necessary equipment to produce the final product. This business will use monggo, buko, cheddar cheese and corn for the ice drops’ flavors, and coconut milk as base. The workers will work on the ingredients manually using the necessary equipment. II. Form of Organization To fully maximize the resources available for this small-scale business, the type of proprietorship will be Partnership, where it is formed through an agreement between two or more individuals. In a partnership, resources between assenting parties are shared, including skills and ideas. Profit earned is also equally shared between partners.
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III. Organizational Chart Figure 1.3 Organizational Chart The organizational chart shows the relationship and the job positions within the organization. The organization will be led by manager, which will ensure that all employees will do their task and ensure that the company’s needs are met. Follow by supervisor that will check the progress of the production, next is the production worker which will ensure the equipment, and that all the products are in a good condition before being ship. The helper will be the one responsible in assisting the production worker in packing the product and help functioning the machine. Next is the vendor, the one who will sell the product outside the company. CEO Operation Manager Supervisor Production Worker Ambulant Vendor Financial/Marketing Manager
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IV. Job Requirements, Specifications, Responsibilities, and Functions A. CHIEF EXECUTIVE OFFICER Requirements: Minimum of a Bachelor's degree or equivalent in business or a departmentally related field. With at least 2-3 years of leadership and manufacturing industry, preferably with cold foods Knowledgeable in management and financial concepts Good negotiations skills Good people skills Good in decision-making and corporate governance Confident and able to aspire trust from employees Able to work under immense pressure Able to delegate workload effectively With a positive and encouraging outlook Responsibilities and Functions: Leads the company in general Makes high-level and important decisions regarding the company’s growth Creates and develops strategies for the good of the company, both short and long-term Serves as the company’s primary spokesperson Supervises the company and the company’s managers including the overall operations and financial stability Makes sure all legal and regulatory documents are filed and monitored
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B. MANAGER Requirements: Minimum of a Bachelor's degree or equivalent in business or a departmentally related field.
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  • Winter '17
  • supervisor, Leave, parental leave, Employment compensation

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