A feasibility study on Ten Incorporated

Executive Summary. ...simply blows you away... This is Mahangin Inc., committed in producing quality innovative products for a dynamic, fast-growing market. Through this, Mahangin Inc. aims to achieve customer satisfaction. Not only does Mahangin Inc. want customer satisfaction but it also wants to do their role in helping the environment by using recycled paper and other biodegradable materials. Mahangin Inc. is a corporation privately owned by seven individuals. It engages in the manufacturing of gift items in the form of fans. The motivating force behind this corporation is its Mission and Vision. The company\u27s mission is to make a profit while keeping in mind the principles of social responsibility. The vision of the company, on the other hand, is it envisions itself in making affordable and trendy recycled products such as Famyfay to the market and to continue serving its purpose of making the highest profit attainable while doing its share of social responsibility. Mahangin Inc. is the producer of Famayfay. Famayfay is a fan made out of earth-friendly materials. Although there are many competitors in the market, Famayfay stands out because of its innovations. The company targets female college students, specifically undergraduates from DLSU and St. Scholastica\u27s college. Furthermore, the proponents have determined a 73.48% market acceptability rate based from the survey conducted. The competitively priced Famayfay will be sold through direct selling, bazaars and other intermediaries. Based on the survey conducted, the company plans to promote Famayfay through the use of flyers and low introductory prices. The production of Famayfay can be divided into two parts these are the preparation of the paper and the assembly of the fan itself. The proponents have a maximum plant capacity of 42 units per week and a minimum capacity of 12 units per week. The proponents believe that they can produce more than 42 units per week, pegging their projected output at a maximum rate of 61 units per week. This is possible because learning curve is taken into consideration. The company would be operating from 8:30 am to 5:30 pm, following the eight-hour minimum time for production. Based on this projected output, the company realizes a net income of Php 12,306.93 and a return on investment of 58.6%. Each of the proponents would be required to invest an amount equal to Php 3000, summing up a total of Php 21,000 initial investment. Taking into considerations the possible risks that might occur to the company, the proponents have agreed upon a set of control measures for the different risks found in each aspect of the business. The different aspects pertained to are the market-centered risks, the production centered risks, the financial risks and management/personnel-centered risks. It is very important to define measures that would ensure the smooth sailing process of the life of the business