Millenium Bag Corporation

• Main Authors: Adviento, Cheryl Ann, Alcayaga, Sora Jane, Avedana, Joan, Cotaoco, Alvin, Lim, Cherry Ann, Lim, Mayee Christine, Pantig, Nilo, Santos, Mia Gisela, Tan, John Eric
• Format: text
• Language: English
• Published: Animo Repository 2000
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/17009
• Institution: De La Salle University

The feasibility study intends to ascertain if the product, Bagwiser, would be marketable and practical to manufacture with regards to the resources of the group. The study is composed of several parts namely market, technical, management and legal, financial and socio-economic aspects of the business. It show that there is a demand for the product, due to the attained market acceptability rate of 44.53%. Through the study, the proponents were able to determine the manufacturing process that would maximize time and minimize cost. Also, before purchasing the needed materials, the proponents canvassed for the most inexpensive raw materials without sacrificing the qualities of the product. The corporation met all the legal requirements in order to start the business. Different positions were delegated and corresponding responsibility were assigned. The primary goal of establishing the corporation was to generate profit efficiently. Aside from this, the proponents gave importance on how the corporation's decisions would affect the society.