Strategic management for PHILACOR (Philippine Appliance Corporation)

• Main Author: Sibayan, Lowellito M.
• Format: text
• Language: English
• Published: Animo Repository 1999
• Subjects: Business Administration, Management, and Operations
• Online Access: https://animorepository.dlsu.edu.ph/etd_masteral/2268
• Institution: De La Salle University

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.