ad·ven·ture adˈvenCHər,əd-/ noun 1 .

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description

ven·ture ˈvenCHər/ noun 1 . a risky or daring journey or undertaking. ad·ven·ture adˈvenCHər,əd-/ noun 1 . an unusual and exciting, typically hazardous, experience or activity. V. entures. and. A. dventures :. A Walkthrough in Gaming and Business Survival. PLAY. PLAYERS. - PowerPoint PPT Presentation

Transcript of ad·ven·ture adˈvenCHər,əd-/ noun 1 .

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ad·ven·tureadˈvenCHər,əd-/

noun1.an unusual and exciting, typically hazardous, experience or activity.

ven·tureˈvenCHər/

noun1.a risky or daring journey or undertaking.

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enturesdventures:

VAand

A Walkthrough in Gaming and

Business Survival

PLAY

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PLAYERSCOMFOODS LVL 50

NEW PLAYER

START GAME

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COMMONWEALTH FOODS INC.

• Formed by the conglomeration of three pioneering food-manufacturing companies, which were merged on September 30, 1968.– Filipinas Biscuit Corporation– Philippine Food Industries– Commonwealth Foods, Inc.

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The Cofi Division (Roasted and Instant Coffee products)

• Organized in January 21, 1951 and commenced production of roasted ground coffee in 1952 in its own plant in Makati, Rizal.

• Put up the first instant and soluble coffee manufacturing plant in the country and in Asia in 1956.

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The Philfood Division (Cocoa and Chocolate products)• Began operations in October

1956.• First entity in the Philippines to

venture into cocoa and chocolate processing from its plant located at EDSA, Mandaluyong City

• Umbrella brand name “RICOA”• Exporting Cocoa butter since

1956 to major users in US and Europe.

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The Fibisco Division (Biscuit products)

• Organized in January 23, 1959 and commenced production in 1960.

• Popularly known for its “English Quality Biscuits”

• Most of the items are household names for both young and old.

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PLAYERSCOMFOODS LVL 50

NEW PLAYER

START GAME

LETRAN_SME

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1. Know yourself.- SWOT diagram provides a good overall view of

your business in a visual and concise manner.- Efficient use of resources and improvement in

operations.- Discovery of opportunities and management

of possible risks.- Competitive positioning.

2013 SWOT analysis for Apple, Nishadha Silva

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PLAYERSCOMFOODS LVL 50

LETRAN_SME LVL 01

START GAME

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Return Ruby Moon to the Witch

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2. Keep your eyes on the prize.• Vision – a clear comprehensive “photograph” of an

organization at some point in the future. It provides direction because it describes what the organization needs to be like, to be successful within the future.

• Mission – A higher calling or meaning, a reason for being. Often this is the reason the company was first created – to fill a need in the marketplace or society

• Goals – expected or desired outcomes of a planning process.

• Objectives – precise targets that are necessary to achieve goals.

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Commonwealth Foods Inc. Vision and Mission Statements

VISIONTo be one of the best food manufacturers in our country.

MISSIONTo serve the Filipino people by providing them with products of

excellence and making these available nationwide

To continue to improve current products and develop new ones to meet the ever changing needs and wants of our consumers.

To contribute to the growth and progress of the country by providing more and more opportunities for employment

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3. Guarantee satisfaction.

• Give customers value for their money• Listen to your customers– Encourage repurchases and product loyalty.– Could be a point of differentiation among

competitors.– Reduces negative word of mouth.– It is cheaper (by six to seven times) to retain

existing customers than acquiring new ones.

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4. Mind your cash.

• Knowing when, where, and how your cash needs will occur

• Knowing the best sources for meeting additional cash needs

• Being prepared to meet these needs when they occur, by keeping good relationships with bankers and creditors.– Collect receivables– Increase CASH sales– Manage your payables– Invest spare cash

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5. Monitor your vital signs.• Profit Ratios measure the efficiency with which the company uses

its resources. • Liquidity Ratios measure of its ability to meet short-term

obligations. • Activity Ratios indicate how effectively a company is managing its

assets.• Leverage Ratios • Shareholder-Return Ratios

- Get the Complete Financial Picture- Compare Apples to Apples- Evaluate the Trend

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6. Buff up and learn new tricks.

• Strengthen internal systems• Build your brand• Be creative

- Consistency vs. Innovativeness

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7. Travel light.

• Get tough on credit.• Don’t over stock on inventory.• Maintain a “lean and mean” organization.• Cut non-performing lines.

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8. Play hard, play smart.• Direct assault and/or Steadfast defense• Hibernate skill• Fight-Flight strategy

• Business Continuity encompasses a defined set of planning, preparatory and related activities which are intended to ensure that an organization's critical business functions will either continue to operate despite serious incidents or disasters that might otherwise have interrupted them, or will be recovered to an operational state within a reasonably short period.- Resilience “…materially unaffected by most disruptions”- Recovery “arrangements made to recover or restore” - Contingency “capability and readiness to cope effectively”

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9. Follow the rules.Government can affect businesses through:- Taxation- Regulation- Setting the Economic AtmosphereAgencies you ought to know1. LGUs – Permits, Local taxes2. DTI/SEC/CDA – Registration3. BIR – Taxes, Penalties and Surcharges4. SSS, Pag-IBIG, PhilHealth, DOLE – Employee benefits and welfare5. Special permits from:

o DOT– Travel Agencies, Hospitality Businesses, etc.o LTFRB/LTO – Land-based Transportation businesses like taxis and jeepneys.o DOH-BFAD—Pharmacies, Food Supplements, etco DepEd, CHED, TESDA – Schools, training centers, etc.o BSP – Pawnshop, Bank, Foreign Exchange.

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10. Identify friends and foes.

• Seek out strategic alliances:– Suppliers, distribution chain, customers,

government or other business entities.• Keep an eye on your competitors

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11. Be responsible.

“Sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs“ - The United Nations World Commission on Environment and Development (WCED)- Eco-efficiency- Socio-efficiency

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12. Try…and try...again.

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time”

“Many of life's failures are people who did not realize how close they were to success when they gave up.”

“I have not failed. I've just found 10,000 ways that won't work”

- Thomas A. Edison, Inventor and Businessman

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enturesdventures:

VAand

A Walkthrough in Gaming and

Business Survival

RECAP

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A dozen tips on business survival:

Know yourself.

Keep an eye on the prize.

Guarantee satisfaction.

Mind your cash.

Monitor your vital signs.

Buff up and learn new

tricks.

Travel light.

Play hard, play smart.

Follow rules.

Identify friends and foes.

Be responsible.

Try…and try, again.