CHAPTER 7 Summary of Findings, Conclusions and Recommendations The study made the Pili pulp as the center of development, a nutritious food material. The product is made for culinary purposes, salad dressing, shortening, for canned sardines and other food preparations. It has more nutritional benefits than the existing cooking oil products in the market. The objective of this study is to determine the viability of producing cooking oil from extract of Pili pulp and the additional source of income and livelihood opportunities it will give to Pili growers and retailers. Summary of Findings Marketing Aspect. Our business sector is expanding and with the Local government encouraging and supporting local businesses there is a greater …show more content…
The business creates employment. It contributes to a more equitable distribution income, through the taxes collected by the government it will help the community to give peace and order. Conclusions Marketing Aspect. The researchers conclude that majority of the respondents is interested in using the Proposed Product since it is new to the market and consumers is curious in trying it. And the very useful promotional strategy is by giving away leaflets/brochures. The researchers believe that the place is very good location because of its number of population and stores. Management Aspect. The researchers can say that Partnership is the best type of business to use. And the best month to start a normal operation is March. It is best to give employees a salary and benefits for them to work hard. Technical Aspect. The partners decided to rent a commercial establishment in Brgy. Socorro Cubao Quezon City with a floor area of 107 square meters with P31,000 that is a reasonable price. The plant location is safe with low crime incidents. The researchers conclude that it is best to acquired crude oil that is already pre-processed instead of Pili Pulp. Financial Aspect. The researchers can say that the proposed business is liquid, solvent and profitable, that the company can earn sufficient amount of profit to cover all the expenses. Socio-Economic Aspect. The researchers conclude that the proposed business can help promotes the country’s
The remainder of this note discusses each of the steps in the process and then provides an exercise on the various financial measures that are useful as part of the analysis. The final section of the note demonstrates the relationship between a firm’s strategy and operating characteristics; and its financial characteristics.
The role of business in an economy is involved in any type of activity that provides goods, services, or both to consumers in an attempt to earn a profit. Business drives up the standard of living of quality and quantity of goods and services available to a population and contributing to the higher quality of life in which is overall sense of well-being experienced by either an individual or a group. Business also helps raise the standard of living through taxes. However businesses do not only provide the products and services that people acquire, but they as well provide job opportunities that people
4. Conduct a feasibility analysis on the company, being sure to consider its market potential, industry attractiveness, and
In conclusion, this essay has outlined the six key elements of the marketing process: (i) situational analysis; (ii) market research; (iii) establishing marketing objectives; (iv) identifying target markets; (v) developing marketing strategies; and (vi) implementation,
| * A need to have a certain product * Consumers will search until that product is found * Need products that stand out from others * Customers have problems making decision so the company will have to try to make that decision easier for them
You will also read about the Company’s advertising strategy and how this approach will bring into line the Company’s marketing goals. It will be determined how effectively the advertising will be measured and how the different promotional strategies relevant to the Company advertising will be utilized. Further discussion will establish the best marketing research approach used to measure customer satisfaction with the Company’s product (cassava powder) and training service initiated to train farmer in implementing large-scale farming. It will be explained how gaps in customer expectations and experiences will be addressed by the marketing wing of the Company, using the high knowledge and proficiency of experienced and well-schooled people in marketing management.
The main question of the study is how financially well the company is at the moment and what investment expectation it generates on the market nowdays.
Liquidity, solvency, and profitability are the three characteristics that will be used to see a company’s success. A simple financial statement will not
New businesses would help the revenue problem because new businesses will bring more money to the town.
What this business does for us? Well, it put money in our pockets. Not only does it do that, but it gives us the satisfaction of providing a product that makes customers happy. This also gives us pride as well. It may give the opportunity to expand and even maybe open another business to does as we have done with the first business.
This in turn helps out the business as well as the surrounding area. Big retail chains take
Therefore, as a growing economy and largely populated country, the project of exporting Jakeman’s Maple Syrup to Indonesia would meet a series of advantages, since the consumers spend a great part of their incomes with food products and as a cultural habit, also the habit of eating hot dishes for breakfast means that maple syrup could become a great choice of topping for some dishes like the worldwide known combination of waffles and
One challenge I was faced with while on CE I, was while working with a patient she was talking badly about one of the receptionist. The patient calling the receptionist incompetent, since the receptionist had messed up the patient’s appointment time for the second time in two weeks. I was put in an uncomfortable position because I did not want to be rude to the patient, but also did not want to be apart of the patient talking badly about my coworker.
We will be marketing a food product, “Healthy Protein Snack Foods” that will be marketed to the athletic people, people playing soccer games, and people from ones who joined sports clubs in Dubai. The prime focus of the product is mainly on Dubai, that is u males between the ages of 20-35 years of age in order to get their attention to the efficacy of the product with to improving their health. From there we want to spread to other cities of UAE. The success of the “Healthy Protein Snack Foods” will be dependent on the way, we take the product to the people in our target market, describing its features and the aspects of health that it contributes, the replacement it can give for the fast foods, and the overall value it can add for the family health. we would like to marketing strategy that would enable us to reach the population of Dubai in a faster way, and in low cost method. The “Healthy Protein Snack Foods” is one of the kind of the products, created specifically for the sports people in Dubai, to help them upkeep their health.
Promotion is an aspect of the marketing mix that has great importance. In order for our product to be successful, the promotion we use will be very vital. This is because of the fact that the method of promotion we use for the product can help to differentiate our product from other products which makes it unique and outstanding amongst other brands. Moreover, using the right promotion can be used as a way to persuade consumers of our product that they made the right choice.