MANAGEMENT

ASPECT

V. Management Aspect
A. Assumptions
Short Term
1. Gives importance to the performance of the employees in order to enhance their skills.
2. All policies should be followed by the management.
3. All activities should be done on time base on the schedules.
4. There must be a job rotation for all employees.
Long Term
1. Fantacereal Enterprise will hire additional employees in the long term period due to the need of
minimizing the time of preparations and due to additional potential buyers.
2. There will be an increase of 20% in the compensation of the employees every year.
3. In the long term period, the company will be operating whole day from 9am-5pm.
4. The company plans to rent a space within the vicinity of the University of the East to reach several
students from other neighboring universities.
5. The company plans to franchise the business to different locations and we are open for additional
investors.

B. Brief Profile of Owners

Fantacereal Enterprise is composed of Seven(7) members. Each members agreed that they will
contribute efforts and capital fund equally to put up their business venture. The members are
responsible for any risk and profit/ loss undertaking the company.
It is a partnership form of business ownership. Partnership is a contract whereby two or more
individual bind themselves to contribute money and industry to a common fund with the intention of
dividing profits among themselves.
Brief Profile of the Owners
Name:
Age:
Birthday:
Course:
Year Level:
Address:.
Email Address:
Company Designation:

C. Organizational and Job Analysis

1.

General
Manager
Productio Finance Marketin
n head
head
g head
Organizational Structure

2. Human resource plan

POSITION
GENERAL

COUNT

JOB DESCRIPTION

JOB SPECIFICATION

MANAGER/Seller

Plans, coordinates and

manages all business
operations to achieve
corporate goals.
Develops and
implements business plan
for profitability.
Assists in budget
preparation and expense
management activities.

Preferably with a Degree in Business

Management or in any Business Course.
With minimum of five years of
experience in personnel management,
including, hiring, supervision, evaluation
and benefits administration.
Have excellence, proven
interpersonal, verbal and written
communication skills.

Evaluates the
effectiveness of marketing
program and recommend
improvements.
Schedule regular team
meetings to discuss about
business updates, issues
and recommendations.
Respond to employee
concerns
in timely manner.
Provides direction and
guidance to employees in
their assigned job duties.
Manages orientations
and exit interviews for
employees.

FINANCIAL
HEAD/Treasurer

Ensures that
employees follow company
policies and procedures.
Monitors business
performance

Preferably with a Degree in Finance or

Degrees in Accounting.
Must be honest and patient.
Must be Proficient in analyzing

Oversees the budgets

and that everyone is
sticking to them.
Prepares accounts
Develops financial
models

financial report.
Has enough knowledge in accounting
information system.
Must be Computer literate.

Plans for the future

Monitors cash flow

MARKETING
HEAD/Seller

Works with the

Managing Director and
sales team on the
production of salesorientated promotional
campaigns.
Undertake, critically
analyses and react to
marketing research
exercises as required.

Preferably with a Degree in Marketing.

Has excellence in oral and written
communication skills.
Has effective and efficient time
management and organizational skills.
Has ability to think creatively

Manages marketing
projects
Sets marketing quota

PRODUCTION HEAD/
Chef Supervisor

They ensure that goods

and services are produced
efficiently and that the
correct amount is produced
at the right cost and level
of quality.

Preferably with a Degree in Business

Course.
Must have leadership skills to direct
production members.

 Makes sure that

products are produced on
time and are of good
quality.

Monitoring the
production processes and
adjusting schedules as
needed.

Has enough knowledge on how the

product is produced.
Can work under pressure.
Must be self-organized and personally
neat.

Monitors product
standards and
implementing qualitycontrol programmes.
Monitors the raw
materials inventory
regularly.

3. Compensation plan
Short term compensation plan
Position

Daily rate

Weekly rate
5days

One semester
16weeks

General manager

15

240

Marketing head

10

160

Finance head

10

160

Production head

10

160

Production staf

25

400

TOTAL

14

70

1,120

Long term compensation plan 2017

20 increase
Position

Daily
rate

Weekly rate
5days

Monthly rate4

Yearly rate

General
manager

3.60

21.60

86.40

1036.80

Marketing
head

2.40

14.40

57.60

691.20

Finance head

2.40

14.40

57.60

691.20

Production
head

2.40

14.40

57.60

691.20

Production
staf

6.00

36.00

144.00

1728.00

TOTAL

16.80

100.80

403.20

4838.40

weeks

Long term compensation plan 2018

20 increase
Position

Daily
rate

Weekly rate
5days

Monthly rate 4
weeks

Yearly
rate

General
manager

4.32

25.92

103.68

1244.16

Marketing
head

2.88

17.28

69.12

829.44

Finance
head

2.88

17.28

69.12

829.44

Production
head

2.88

17.28

69.12

829.44

Production
staf

7.2

43.2

172.8

2073.6

TOTAL

20.16

120.96

483.84

5805.08

Long term compensation plan 2019

20 increase
Position

Daily
rate

Weekly rate
5days

Monthly rate 4
weeks

Yearly
rate

General
manager

5.18

31.10

124.42

1492.99

Marketing
head

3.46

20.74

82.94

995.33

Finance
head

3.46

20.74

82.94

995.33

Production
head

3.46

20.74

82.94

995.33

Production
staf

8.64

51.84

207.36

2488.32

TOTAL

24.19

145.15

580.61

6967.30

D. General Policies
a. General Policies
Expected to report to work regularly and on time.
All employees are obliged to attend the company meetings.
Good manners and right conduct must be observed to maintain a harmonious working place.
Violations or terminated may be taken to the employees who will be able to make an actions of the
following cases.
Leaving assigned task without permission.

 Use of cellphones or any gadgets for personal uses while on duty.

Sleeping while on duty.
Negligence of duty.

b. Production Policies
Everyone must observe proper hygiene.
Employees must follow the Food safety regulations (such as wearing of hairnet, gloves and
apron.)
Maintain Cleanliness of working place.
Proper usage of the utensils and equipment.

c. Administration Policies
Prepare daily report
All major transactions must be noted by General Manager.
Production head should monitor the number of products produce per day.
Finance head must check the quota per day.
d. Market Policies
Quota base selling
Create strategic technique to promote the product.
Create good customer relationship.

GANT

F. Future Plan
The business will increase the salary of the employee
The enterprise will hire more employees
The company will increase their man power for the next year
It will transfer to a commercial site outside the University