Module 1, Lesson 1:
Activity 1
What do these stories all have in common?
Answer: Their stories are supposedly common in bankruptcy. The managerial
information was lacking in Domino`s Pizza and also lack in health assurance. For the
instance, the bankruptcy occurs when the business was lacking in managerial
information because of the feedback of some employee. So that the low-financial
movement must affect the rolling of the capital business.
Module 1, Lesson 3:
Application #1
Case 1. Shoes for all: Concentration Baby
1. Background of the Case
Mr. Abraham Alvarez started his shoe store in downtown Bacolod 1981. He named the
store “Shoe for All”. In the stores` shelves are shoes of different size and shapes and are
meant for all ages, sex, and cultural inclinations.
2. Statement of the problem
2.1: Sales increased slowly but steadily for the first ten years of operations.
2.2: The affect was that some of the products items were dropped in favor of increasing volume
for the items that were retained.
2.3: He feels that competition in his business is getting fierce and suppliers are becoming less
accommodating.
2.4: If Mr. Alvarez would like to continue carrying all sorts of shoes, he will have to deal with
more factories.
3. Analysis of the key issues facing the business
3.1: He how begins to consider limiting his assortment of products to fewer but more selections.
3.2: He thought, will provide him with enough efforts to concentrate on the fewer items.
3.3: He is now thinking of preparing a list the different items he is carrying in his store for an
objective delisting of some items.
3.4: He could not make up his mind on whether to drop the item or not.
4. Alternative Actions
4.1: He dropped what he was doing and started pondering on how he can make the exercise
more scientific.
4.2: He is limiting his self could not find a basis for making a decision.
4.3: He must be logically thinker instead.
4.4: He can be concluded on focused in not competing his business.
5. Recommendation
5.1: He must not pressure his financial management instead of stick to one business.
5.2: He must be collecting fewer items and limiting the selection of resources in making shoes.
5.3: He must know the trends of the style of the shoe.
5.4: He gathered information about the stocks in one location.
6. Conclusion
6.1: He decreased his business franchise.
6.2: His item was located drops in his place.
6.3: He will be accommodating fiercely his client accordingly on his business.
6.4: The suppliers for all factories are willingly to dialed with him as long as he has chance to
have it.
Application #2: Case #2 Paragas farm Machineries: Almost There
1. Background of the Case
He engaged in manufacturing farm machineries such as: the mini-thresher, the mini-
cono and the hand tractor. His income statements for the past five years indicate
moderate success. He thinks his average net income after tax of 17% annually could be
improved if he sets his proprieties right.
2. Statement of the Problem
2.1: Mr. Paraguas, an agricultural engineer, keeps office from 9:00 AM to 5:00 PM.
2.2: His business office is also where he receives personal and social calls.
2.3: His work force consists of 157 persons manning the factory.
2.4: He finds the preparation of a business plan a waste of time.
3. Analysis of the key issues facing the business
Activity Percent of business time engaged
Overseeing operations 40%
Attending social activities 10%
Attending religions activities 10%
Part-time teaching 5%
Conferring with subordinates 10%
Business Planning 10%
Other activities 15%
TOTAL 100%
4. Alternative actions
4.1: He is considering deleting the said activity form his list.
4.2: He is assigning the task to his assistant.
4.3: He is alternating his time through engaging time management.
4.4: Make an activity plan and business plan.
5. Recommendation
5.1: Time management was the moderator for business planning.
5.2: He must add (3) three more persons for 157 employees, become 160.
5.3: His vacant time must be inserted other activities to compress this business plan.
5.4: Let`s make his “other activities” into 10%, the 5% must for his farm machineries.
6. Conclusion
So that if the activities affect the business time, there must be changed between the two
indicators. It comes into focuses on business time.
Application 3: Case #3
1. Background of the Case
The five percent profit margin she attached to the cost of sales on items she is handling
provided enough reason for consumers to patronize her store. The increasing volume of
sales justified her hiring a sales assistant after three months of operation. By July 1995,
her store was attended by 8 sales ladies plus the sales assistant and the teenage help.
2. Statement of the Problem
2.1: By August 1995, her store`s sales reached an average of P1 million on a P3 million net
worth.
2.2: Her customers come from Dagupan and the nearby towns of Lingayen, Calasiao, San
Carlos City, Sta. Barbara, and others.
3.3: Her biggest problem now is how to set an organization structure that will match her
expansion plans.
3. Analysis of the key issues facing the business
3.1: She realized that her sales are limited only by her ability to serve more customers.
3.2: She is considering putting up a branch in San Carlos City and another one in Lingayen.
4. Alternative Actions
4.1: Purchasing merchandise stocks.
4.2: Bookkeeping
4.3: Supervising Sales
4.4: Cashiering
4.5: Supervising inventory
5. Recommendation
5.1: She must hire an easier.
5.2: She hired a person which she trusts more.
5.3: She will be putting another branch nearer to her place.
5.4: She makes organizational plan and expand her business through many hired employees.
6. Conclusion
She put another branch, and, in every branch, it has a respective person and staff in her
business.
Name: HONEY S. NUEVO Date: 11-20-2020
Course and Year Level: BSAM-2D
Subject (Course Description) and Section: AM113 (Managerial Accounting) AM2D
Journal Title: Summary and Insights
I. Summary
II. Insights
Summary: The era of management
It was introduced by the advises of Ricardo Semler about the term of industrial democracy
and “corporate re-engineering.” According to Semler that isn’t an academic or expert on
management theory, he unlikely to represent mainstream thinking on organizational design. And
now the “manager” starts in the outlive of management era.
The human labor must be settled to best carried in a traditional organizational structure,
somehow it was the transition into a management-free structure is nearer or even medium term.
The word VUCA will be the early adopters of a post-hierarchical model. The ideas are
organized, progressed, process optimization and now impossible to endure the word success
into “entrepreneurship”.
The post-management era is only just beginning to dawn and ever-accelerating technological
progress for destroying paradigms. Some of the production and population were not one at the
same.
From the division of labor era or industrial era, it increasingly hard to allocate white-collar
work and present the “Second machine age”. Thus, it was not totally creative, experimental and
doesn`t naturally lend into management.
And shift into strategy of making a plan and known as “muddling through” as adapting to fast-
changing environment. “If your company isn`t the disruptor, it`s a clear sign about to be
disrupted.
With Goals FAST Beats SMART- Summary
95% of organizations was the recent survey, employees set goals for themselves. The same
manager aspires to make their goals SMART, to ensure specific, measurable, achievable,
realistic, and time bound. Goals can drive strategy priorities and independent in critical manage
or organize. For knowing the alternative of successful strategy, including the company of intel,
google, and Anthe user-Busch InBev to harness the power of goals to drive. Knowing that
SMART goals undervalue ambition, focus namely on individual performance the information of
importance throughout in how many years.
Insights:
The management era was the crucial happenings through the lifetime of a business. For
guarantee the exploration of the expanded of it, it must clearly to understand the underlying
information of something that currently happened through in the cycle of business organization.
Management was precisely to explained on how the manager leading the team through knowing
the significant behavior of the company. The instant which regarding the obstacle in
management was the monitoring action of the monetary purposes. Even it was Categorizes into
how many parts, still it was explained enough that the management was obligated to the
manager for showing another successful goal to have aspired them of.
