CHAPTER 4.

MANAGEMENT ASPECT
INTRODUCTION
Management in

all business and

organizational

activities

is

the

act

of

coordinating the efforts of people to accomplish desired goals and objectives using
available

resources

efficiently

and

comprises planning, organizing, staffing, leading or

effectively.

Management
directing,

and controlling an organization (a group of one or more people or entities) or effort for
the purpose of accomplishing a goal. Resourcing encompasses the deployment and
manipulation

of human

resources, financial resources, technological resources,

and natural resources.

Management involves the manipulation of the human capital of an enterprise to
contribute to the success of the enterprise. This implies effective communication: an
enterprise environment (as opposed to a physical or mechanical mechanism), implies
human motivation and implies some sort of successful progress or system outcome. As
such, management is not the manipulation of a mechanism (machine or automated
program), not the herding of animals, and can occur in either a legal as well as illegal
enterprise or environment.
OBJECTIVES OF THE STUDY
1. To know the types of the business organization adopted by the business
2. To determine the number of human resources those are needed by the owner.
3. To discuss the policies that will govern the employees

VISION

M&N Floating Spa services will be premier spa that provides a unique way to add
relaxation to the customers. It will change the usual or traditional way of providing
services in a more improved manner. It envisions the people of different ages, culture
and races enjoying the service quality and appreciating the gift of nature.

MISSION
The mission of M&N floating Spa is to provide finest satisfaction to the clients
thru better quality of relaxation services in the country through different techniques and
treatment and providing unique experienced of floating in the middle of the man made
pool while being massage by a well trained therapist.

FORMS OF BUSINESS OF PARTERSHIP

An organization is a framework or backbone by which the work of a business,
managerial or otherwise is performed that it provides the required channels , points of
margin ,and flow of management direction and control . The right form of business
organization that best suit the needs of the business must be given consideration. The
proponents had evaluated and analyzed the pros and cons of each type of business
organization, among these were sole proprietorship and corporation.
The proponent decided to adapt a partnership form of ownership with two
general partners whose liability extended up to bind personal property. they bind
themselves to contribute money, property or industry to a common fund with the
intension of diving the profits among themselves
Here are the following reasons for adapting the partnership form of ownership.
1. Term of existence
A partnership may establish for any period of time stipulated by the partners.
2. Manner of creation

A partnership is created by mere agreement of the parties. Partnership is easier

in information compared to the corporate form since the contract of partnership may be
made orally or in writing because SEC does not strictly regulate partnership.
3. Combined judgment and managerial skills
Partner's consult each other about proposed action and decisions or action may
result the deficiencies of one partner may correct by presence of another partner.
4. Definite legal status
A partnership duly formed under the law is a juridical person to which the law
grants a juridical person; a partnership may acquire posses property of all kinds, as well
as incur obligation and bring civil or criminal actions in conformity with laws, and
regulation of its organization.
PARNERSHIP AGREEMENT
ARTICLE OF CO-PARTNERSHIP
M&N FLOATING SPA SERVICES
That we, undersigned of legal age, citizen and residents of the Philippines, have
this day voluntarily binds ourselves together for the purpose of forming a partnership,
effective as of this day, under the terms and condition herein after set forth and subject
to the requirement of existing laws of the Republic of the Philippines.
And we hereby certify.
I
That the name of the partnership shall be" M&N Enterprise" and shall operate in
transact business under the said name.
II
That the principal office of this partnership shall be at 101 Lakeside,Tagaytay
Road, Sta. Rosa 4026 Santa Rosa-Tagaytay Rd, Santa Rosa City.
III

That the names, surnames and postal address of the partners of the partnership
are as follows:
Names
Nogie A. Bernardino
Maureen R. Pintucan

Address
San Antonio, City of Bian, Laguna
1163 Wawa St. Malaban, City of
Bian, Laguna
IV

that the capital of this partnership is one million pesos which been contributed as
follows:
Names

Contribution

Nogie A. Bernardino

334,242.50

Maureen R. Pintucan

334,242.50
V

That the purpose or purposes is to offer Various Spa Services such as body
massage and Foot spa.
VI
That Maureen R. Pintucan and Nogie A. Bernardino will serve as the Managers of the
business with the right to over-all supervision and the preparation and signing of
contracts and agreement.
General Manager
General Manager

Maureen R. Pintucan
Nogie A. Bernardino
VII

That each is entitled to receive profit and losses as follows:

Names
Profit and Losses
Nogie a. Bernardino
1/2
Maureen R. Pintucan
1/2

IN WITNESS WHEREOF, we have hereunto set our hands, this___________ at

the_______________.

______________________________
Nogie A. Bernardino
______________________________
Maureen R. Pintucan

Signed on the presence of:

___________________
Witness

__________________________
Witness
Acknowledgement
NOTARY TO PUBLIC

CAPITIZATION
That the capital of the partnership is One Million two hundred fifty thousand pesos
668,485.00 which have been contributed as follows:
Names
Nogie A. Bernardino

Contribution
334,242.50

Maureen R. Pintucan

334,242.50

Total

668,485.00

ORGANIZATIONAL STRUCTURE

General Manager

Therapists (5)

Receptionist/Cas
hier

Bookkeeper

Figure 10. Organizational Chart

The proponent decided to use Single Management or One Man operation. This
type of organization includes General Manager that is responsible to overall control in
the business, Therapists that will provide offered services to the clients

PERSONNEL REQUIREMENT
A personnel requirement is the number of people you will employ and the timing.
The company must figure out how many people the business needs and when it needs
them.

Table 24
Personnel Requirement
Position
General Manager
Receptionist/Cashier
Therapists
Bookkeeper
Total

No. Required
1
1
8
1
11

Job descriptions supply the practical information on positions such as

responsibilities, requirements and special attributes. It also provides the language
necessary to defend hiring and promotion

Table 25
Job Specification and Job Description.

POSTION
General Manager

JOB SPECIFICATION
Must be 25- 35 years old.
Male or Female
Graduate of BS Commerce
Major in Marketing or any
Business course
Have thorough
knowledge about
marketing strategies
related course
Have proficient

JOB DESCRIPTION
o
Increases
management's
effectiveness by
recruiting, selecting,
orienting, training,
coaching, counseling,
and disciplining
employees;

leadership,

communicating

organizational and

values, strategies,

supervisory skills
Be dependable and
professional
Have computer and
software skill
Have superior training
and presentation skills

and objectives;
assigning
accountabilities;
planning, monitoring,
and appraising job
results.
Develops strategic
plan by studying
technological and
financial
opportunities;
presenting

assumptions;
recommending
objectives.
Maintains quality
service by
establishing and
enforcing
organization
standards.

COMPENSATION PACKAGE
Table 26

Salaries and Benefits

Position

General Manager
Cashier/Receptionis
t
Therapist 1
Therapist 2
Therapist 3
Therapist 4
Therapist 5
Bookkeeper
Total

Monthly
Salary

1
1
1
1
1
1
1
1

Deductions
Withholdin
g Tax

SSS

PHIC

HDMF

496.50

319.50

137.50

100.00

360.00

295.86

100.00

100.00

300.30
300.30
300.30
300.30
300.30
300.30

270.90
270.90
270.90
270.90
270.90
270.90

100.00
100.00
100.00
100.00
100.00
100.00

100.00
100.00
100.00
100.00
100.00
100.00

3018.3

2536.62

937.5

900

Net
Monthly
Salary
13.946.5
0
10,394.1
4
9,728.80
9,728.80
9,728.80
9,728.80
9,728.80
9,728.80
79,161.0
8

Table 27
Benefits
No. of
Personne
l

Monthly
Compensatio
n

Annual
Compensatio
n

13th month
pay

Therapists

80,880.00

970,560.00

80,880.00

General Manager
Security
Guard/Maintenace

15,000.00

180,000.00

15,000.00

10,110.00

121,320.00

10,110.00

Cashier/Receptionist

10,110.00

121,320.00

10,110.00

116,100.00

1,393,200.00

116,100.00

Total