A feasibility study on cork padding materials

• Main Authors: Ching, Jacqueline, Gamad, Glenda, Mailig, Gwendilon, Polo, Maria Romelynn, Tan, Stephanie Gay, Yang, Joan
• Format: text
• Language: English
• Published: Animo Repository 1996
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/12063
• Institution: De La Salle University

Executive Summary. The feasibility study of Cork Padding Materials was prepared for any interested investors who are willing to invest their resources in the packaging industry. This project study is prepared to discover a new means of generating income, at the same time, maximizing the utilization of agri-wastes. A comprehensive study had been conducted by the proponents, consisting of the technical, marketing, financial, management, as well as the socio-economic aspect. The technical study presents that the product can be produced at the highest quality and at a minimum cost. In addition, the study takes into consideration the manufacturing process, plant size, production schedule, machineries, plant location & layout, utilities, waste disposal, and the labor required. The marketing aspect of the study showed that there is a relatively large demand for padding materials, which is apparently not covered by the existing packaging materials manufacturers. Moreover, the marketing study reflects the results of the survey conducted by the proponents, and among others, the desired market share. Also incorporated in the marketing study are the marketing practices of the competitors and the marketing programs prepared and recommended by the proponents. The management study of the project feasibility reflects the preferred type of business organization for such proposed business undertaking. It also shows the organizational structure appropriate for the business, the flow of business transactions, and the policies in hiring employees. The socio-economic aspect of the study, though may be less comprehensive, contains a very substantial information on how the cork padding business can help the different aspects -- economy, government, social and the environment. The proposed business undertaking can help the government through hiring of employees, payment of taxes, and most importantly, of helping solve the waste problem of our country. The financial aspect of the study quantifies the data obtained in the marketing and technical study. It contains the projected financial statements, ratios, and the financial analysis of the results of business operations and changes in the financial position. As a whole, the study conducted proves that pursuing a business on cork padding materials is feasible in all aspects.