A strategic plan for MM company / (Record no. 874)

MARC details
000 -LEADER
fixed length control field 03994nam a22002773a 4500
001 - CONTROL NUMBER
control field UPMIN-00019417627
003 - CONTROL NUMBER IDENTIFIER
control field UPMIN
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20230315111137.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 230315b |||||||| |||| 00| 0 eng d
040 ## - CATALOGING SOURCE
Transcribing agency UP Min
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
090 #0 - LOCALLY ASSIGNED LC-TYPE CALL NUMBER (OCLC); LOCAL CALL NUMBER (RLIN)
Classification number (OCLC) (R) ; Classification number, CALL (RLIN) (NR) LG 993.2 2019 M21
Local cutter number (OCLC) ; Book number/undivided call number, CALL (RLIN) P35
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Palazuelo, Yvet June L.,
Relator term author
9 (RLIN) 2942
245 #2 - TITLE STATEMENT
Title A strategic plan for MM company /
Statement of responsibility, etc. Yvet June L. Palazuelo; Lemuel O. Calatrava, Aurelia Luzviminda V. Gomez, Vlademir A. Shuck, advisers
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2019
300 ## - PHYSICAL DESCRIPTION
Extent 91 leaves
502 ## - DISSERTATION NOTE
Dissertation note Thesis (Master in Management) -- University of the Philippines Mindanao, April 2019
520 ## - SUMMARY, ETC.
Summary, etc. MM Company is an auto parts hardware situated in Davao City and owned by Mr. Mario Palazuelo. It is engaged in both retail and wholesale of hardware, auto parts focusing on Multicab parts, and other light accessories of vehicles. Although the entity has been operating since 1998, its systems of policies and company practices still need major improvements. It has some issues in the processes of daily operations. Aside from the limitations caused by the deficiencies of the different managerial functions, it's purely manual operations make it difficult for the company to address inefficiencies. The lack of computer system make it difficult for the company to maximize resources and cut down costs. At the same time, this has also limited the company in formulating strategies for its development. In addition, the company is currently facing a threat in relation to the changing needs of the market. Therefore, there is a need to have a plan on how to address these problems caused by both internal and external environment of MM Company. With this, a strategic plan was formulated in order to not only sustain, but also improve the company's position in the market. The Strategic Management Framework of Fred David (2011) was used as the conceptual framework of this plan. To begin with, STEEP Analysis was performed in order to assess the external environment of MM Company, and was followed by the assessment of its different managerial functions. Based on the analyses made, the company needs to act fast in order to adapt to the changing needs of the market. However, it has a difficulty in making a move due to the heavy operational inefficiency the company is experiencing. Through the SPACE, SWOT, and QSPM matrices, three generic strategies were identified and ranked based on the level of priority. The strategies focus on the improvement of operational efficiency, concentric diversification and as well as expansion. In this way, the company is able to respond to both the internal and external factors the company is involved with. In order to ensure the feasibility of the implementation of the proposed strategies, financial projections for five years were made. Furthermore, initiatives were delegated on the key managers of the company. The core team members for the implementation of this plan include the Proprietor, General Manager, Operations Manager and Finance Officer. Finally, a monitoring and evaluation system is also put in place, which is the balanced scorecard, in order to minimize, if not to eliminate deviations. As a result of implementing the strategies, customer retention is improved and a constant increase in the number of new customers is expected. The number of customers entertained per day will increase and there will be lesser waiting time for customers. Also, the company will be more efficient as evidenced by the smooth running operations. The response done by the company towards its internal and external environment will thus lead to the progressive increase of the company's annual revenues
658 ## - INDEX TERM--CURRICULUM OBJECTIVE
Main curriculum objective Policy and Strategic Management
Curriculum code M241,
Source of term or code MM, School of Management
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Calatrava, Lemuel O.,
Relator term author
9 (RLIN) 905
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Gomez, Aurelia Luzviminda V.,
Relator term adviser
9 (RLIN) 906
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Shuck, Vlademir A.
Relator term adviser
9 (RLIN) 907
905 ## - LOCAL DATA ELEMENT E, LDE (RLIN)
a Fi
905 ## - LOCAL DATA ELEMENT E, LDE (RLIN)
a UP
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type Thesis
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Status Collection Home library Current library Shelving location Date acquired Source of acquisition Accession Number Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
    Library of Congress Classification   Not For Loan Preservation Copy University Library University Library Archives and Records 2019-08-27 donation UAR-T-gd2933   LG 993.2 2019 M21 P35 3UPML00038070 2022-09-22 2022-09-22 Thesis
 
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