CHAPTER III ANALYSIS AND INTERPRATATION This chapter presents the tabulation

Chapter iii analysis and interpratation this chapter

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CHAPTER III ANALYSIS AND INTERPRATATION This chapter presents the tabulation and presentation of data gathered which were subjected to statistical treatment, analysis and interpretation. On the degree of seriousness of the challenges experienced by the business owners in Central Bontoc regarding TRAIN Law Table 1. Degree of seriousness of the challenges experienced by the business owners in Central Bontoc regarding TRAIN Law Degree of seriousness of the challenges experienced by the business owners in Central Bontoc regarding TRAIN Law? Mean DE 1. Lack of knowledge or information regarding TRAIN. 3.27 MoS 2. Increase in selling price of products due to the increase of prices set by the supplier/corresponding tax rate. 4.18 MS 3. Decrease in profit due to the increased prices of goods. 4.18 MS 4. Decrease in frequency of visits or spending by the customers due to increased prices of goods. 3.73 MS 5. Decreased in volume of sale. 3.55 MS 6. Dealing with the complaints or negative feedback from costumers due to the increase in prices of goods affected by the TRAIN Law. 3.91 MS 7. Decrease in volume of purchases due to increase in purchase prices by their suppliers. 3.91 MS 8. . Experiencing inventory out-of-stock due to lower level of inventory purchased maintained 3.73 MS Overall mean 3.81 MS The degree of seriousness of the challenges identified are greatly encountered by the respondents as shown by the overall mean of 3.81 with a descriptive equivalent 13
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of “much serious”. It means that these challenges are perceived by the grocery store owners as very alarming. These challenges are encountered throughout the country that is why these challenges have significant effect to the grocery store owners in Central Bontoc. In Cavite, Jeunesse Valerio a general merchandise owner said that increasing the prices of goods drives away customers ( Cigaral , 2018). According to Gitching Delmo, who operates a store at Purok Sigay in Barangay 2, Bacolod City, the price increases on soft drinks and cigarettes are too much. Her income has also decreased, claiming, prior to the law, she was earning around P1,500 a day. She said her current daily earning are between P900 and P1,000 (Bañaga,2018). Mondelez Philippines head of corporate and government affairs Shanahan Chua said the Train law affected the sales not only of Tang but also of the whole powdered juice industry ( Othel V. Campos , 2018). The Puregold Price Club in General Mariano Alvarez, Cavite experienced a slow generating revenue and facing a risk of on its sales growth due to TRAIN (de Vera.2018). Specifically, the challenges with the highest mean include Increase in selling price of products due to the increase of prices set by the supplier/corresponding tax rate with a mean of 4.18 which falls under the descriptive title “much serious”. Grocery stores in Central Bontoc usually purchase their goods from suppliers who transport their goods from other places using trucks. With the higher excise tax on fuel and other products that they are selling, these suppliers increase the selling price of their goods.
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