Strategic management for PHILACOR (Philippine Appliance Corporation)
Like the economy, the Philippine industry, has been into boom-and-bust cycles, being directly related to the economic performance of the country. First, as the economy improves and per capita income increases, people purchase goods like appliances, thereby increasing demand. Secondly, manufacturers...
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| Format: | text |
| Language: | English |
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Animo Repository
1999
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_masteral/2268 |
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| Institution: | De La Salle University |
| Language: | English |
| Summary: | Like the economy, the Philippine industry, has been into boom-and-bust cycles, being directly related to the economic performance of the country. First, as the economy improves and per capita income increases, people purchase goods like appliances, thereby increasing demand. Secondly, manufacturers cost of doing business, such as lending rate and foreign exchange rates, decline. Conversely, in an economic downturn, declining incomes are channel to more immediate needs, like basic necessities. Also, manufacturing costs begin to soar as inflation rate, lending rates and foreign exchange rates start to climb. |
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