PARAGAS FARM MACHINERIES: ALMOST THERE

Submitted by

De Tomas, William Carlo C.

Diaz, Kareign Darleen Noreen R.

Fusingan, Neil Patrick V.

Guinoo, Miralona B.

Marco, Chloie Faye SP.

Mojica, Reyhanz Paulo R.

Morales, Giscelle C.

Saliendres, Cyreen M.

I. TIME CONTEXT: March 2017

II. VIEWPOINT: Mr. Rudy Paragas, owner of Paragas Farm Machineries

III. STATEMENT OF THE PROBLEM

How will Mr. Paragas organize his set of priorities in order to improve his profits?

IV. OBJECTIVES

Long Range

a. To improve profits

b. To continuously assess the income statement of the business

c. To plan for the reorganization of business

Short Range

a. To have proper time- management planning within a month

b. To set priorities and eliminate unnecessary activities in a month

c. To properly distribute the tasks to the employees after setting priorities

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V. AREAS OF CONSIDERATION

Strengths Weaknesses
1. Agricultural engineer 1. Specialization

2. Location of the factory 2. Lack of engagement on business

3. Moderate success activities

4. Span of management 3. Moderate success

Opportunities Threats
1. Attending social activities 1. Limited demand for farm

2. Part- time teaching machineries

2. Competition

VI. ALTERNATIVE COURSES OF ACTION

1. Delete business planning from his list of activities and assign to his assistant.

Advantages:

a. It will lessen his workload.

b. He can have enough time for other business activities.

c. His assistant will develop his skills and become more involved in business

operation.

Disadvantages:

a. His assistant might not have enough knowledge in business planning.

b. The management may incur problems arising from business planning.

c. His assistant might fail to fulfil that certain task.

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2. Set priorities and properly allocate time for his business activities.

Advantages:

a. He can create the right pace and run his business better.

b. His time management for business- related activities will be organized.

c. He will have a flexible time in doing his business engagements.

d. There is a high chance of improving his profits.

Disadvantages:

a. He might feel the pressure in meeting the business’ expectations.

b. Difficulty in adapting to his new daily routine.

3. Delegate other activities in the business office to his work force.

Advantages:

a. It may lead to a fair distribution of work.

b. Mr. Paragas will reduce his burden and can concentrate on his more important

tasks.

c. May result to efficient business operations

Disadvantages:

a. Assigned work may not be well taken care of by his work force.

b. There are chances of failure because workers may have lack of required

knowledge.

c. Workers may take long to understand the new responsibility which can hamper

the business performance.

VII. RECOMMENDATION

Mr. Paragas recommends ACA #2.

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VIII. CONCLUSION

After careful analysis, Mr. Paragas therefore conclude that ACA#2- “Set priorities

and properly allocate time for his business activities” is the best solution to the problem

of Paragas Farm Machineries. By setting his priorities right, he believes that he could

improve his profits, monitor every activity and utilise his time effectively and efficiently.

Choosing this, he will be more focused that he can carry out his tasks and goals in the

right direction.

1. Set priorities for business activities

a. Prioritize business planning and operations

b. Eliminate religious activities during business hours

c. Lessen other activities

2. Allocate time according with the set priorities

a. Increase the allocated time for operations by 5%.

b. Increase the time allotted for business planning by 10%.

c. Time allotment with subordinates will increase by 5%

d. Other activities shall be decreased up to 5%

% OF BUSINESS TIME % OF BUSINESS TIME

ACTIVITY
ENGAGED (Before) ENGAGED (Now)
Overseeing Operations 40% 45%
Attending social activities 10% 10%
Attending religious activities 10% 0%
Part- time teaching 5% 5%
Conferring Subordinates 10% 15%
Business Planning 10% 20%
Other Activities 15% 5%
TOTAL 100% 100%

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 The two alternatives were not chosen though these are good strategies, because

in ACA #1, he will have a hard time coping up with the new timetable easily and business

planning must be done by the top management as well. In ACA #2, delegating work to

others which Mr. Paragas should be responsible with may not be that effective.

IX. MANAGEMENT LESSONS

1. Planning. It is an essential function to anticipate the future and determine the

best courses of action to achieve company’s objectives.

2. Organizing. The management should indicate who will perform the designed

structure of tasks in the organization.

3. Controlling. The management assures efficient performance to attain the

enterprise objectives.

4. Drive and Risk Taking. An entrepreneur needs to be totally committed and

willing to work long hours and prefer tasks which provide him.

5. Management Concern. The organization should identify those activities which

are necessary to reach organizational goals.