Professional Documents
Culture Documents
Introduction
B. Trademark
The proprietor logo is mainly in golden colour on a black field.
The goal is to produce a logo which is simple yet flamboyant. A
driving wheel is present which gives the client the impression
that the service offered by the partnership is related to cars or
driving. Written below is the partnership slogan which is We
follow the gold standard.
Primary
bars and clubs
intoxicated clients on
Service On-call drivers for
Second
special events
Booked drivers for
ary intoxicated clients
Service
On-call drivers for non-
\\\
Hours Price
6 P800
12 P1350
24 P2300
D. Location
The office of M.I.D.A.S is located at Lot 10 Block 1 Karangalan
Village Manggahan, Pasig CIty
H. Major Assumptions
I. Summary Findings
The researcher conducted a survey to at least a 300 random people
within cities in metro manila. And from the total number of respondents,
only 88% which is equivalent to 16,081 of the market would like to avail
Metro Instant Driver at Your Service services. This question was further
filtered by asking them a question as how strongly willing are they to
avail the MIDAS services. And out of the 16,081 persons, only 10,911
answered strongly willing.
Since we cannot obtain the data that we need from public and private institution
pertaining to the number of bar goers who avail a driver on call service, weve
decided to use one of our survey questions how did you get home? (if you are drunk
and unable to drive)?. The total percentage of the respondents who said avail a
driver on call multiplied to the number of the potential market (18,297) (table 4.6). we
multiply yearly average consumption to projected number of people who avail
services
ave consumption
per year 93.5
Supply for 2014 11501
Year Supply
2015 11720
2016 11942
2017 12169
2018 12400
2019 12636
After the researcher gathered the demand and supply data, the researcher
calculate the supply and demand gap. Based on the result of the figures, the
researchers were able to found out that there are still a total of 281,023 unsupplied
markets which makes the study feasibility study feasible in terms of the market
analysis
J. Conclusion
d. Others
These are the laws that are mandatory for companies who have
full time employees to follow:
- SSS
- Philippine Health Insurance Corporation
- Home Development Mutual Fund
B.)Economic Factors
agriculture sector and the services sector grew by 0.7 percent, slowing from 0.8
percent and 1.6 percent, respectively in the previous quarter.
Also when the price of oil goes up, the other prices of goods also increase,
this will cause some household to hold back budget for entertainment and
recreational activities such as boing to bars/clubs, partying and consuming alcohol.
The Philippines' Central Bank left its key policy rate unchanged at 3.50
percent. Since the interest rate is somewhat stable, it will not be too risky for our
company to make loans.
- Division of Labor:
In urban areas, it is often expected that men should be the one
working as drivers.
- Hospitality:
Filipinos take pride in their hospitality. Our employees should
always be hospitable and should always be kind to the customers and
should always attend to their needs.
- Concept on Shame
Filipinos believe they must live up to the accepted standards of
behaviour and if they fail to do so they bring shame not only upon
themselves, but also upon their family. One indication of this might be a
willingness to spend more than they can afford on a party rather than
be shamed by their economic circumstances.
- Scams
Many foreigners and locals have been involved in scam and
many people are scared to try new things due to these news about
scams.
- Taxi Scams: there is news about kidnapping,
rape and even holdups that occurs in taxis. Many
Filipinos are sceptical in ridding taxis due to
these reports. There is even news about
foreigners being stuck in the country after a taxi
driver stole all of his possessions even his
passport
- Credit Card Fraud: One common form of credit
card fraud uses an electronic device to retrieve
and record information, including the PIN, from
the cards magnetic strip.
D.) Technology
III. Industry Analysis
A. Industry Overview
I. Industry Participants
Dial-a-Driver
credibility and
reputation.
Fully utilize
marketing
strategies to
build
awareness and
capture more
customers.
V. Industry Maturity - ?
B. Porters 5 Forces of Competition Model
I. Competition
The final alternative that clients can opt instead of M.I.D.A.S would
be their friends. Based on the research done by the group, bar
goers, especially in groups, would have a designated member that
is assigned to do the driving when the drinking is over. This
member drinks minimally in order to be sober enough to drive.
Another way is to call for near relatives, friends or even a personal
driver to come over and do the driving for them
The threat of new entrants is moderate due mainly to the fact that
setting up a business like M.I.D.A.S would not require much capital.
Basically, one only has to find a location to operate and some driver
employees in order to set-up a business like M.I.D.A.S
a. Research Methodology
We used the descriptive method mainly the observational and survey method.
It involves a collection of data in order to test the hypotheses and to answer
questions concerning the problem of drunken driving cases in the Philippines. Data
was gathered through personal, face to face interviews using a questionnaire.
We also include collection of secondary data such as statistical records from various
institutions, private and government owned were used as references and guidelines
in developing this study. Some of these institutions are the following:
Since the office will be Pasig City, the researcher primary market will be bars
in nearby cities and the metro manila with the age group of 18-50yrs old (table 4.0).
Also to narrow the market, we also gather the percentages of economic classes from
Classes A,B and upper C (table 4.1). with a share of total family of 1% for classes A
and B with average annual income of PHP1,857,000, and 9% for class C(see table
below) with an average annual income of PHP603,000.However, due to lack of
Census data record in any government agencies and public institutions indicating the
total number of bar goers, we uses the survey that gathered randomly inside metro
manila with the question (do you go to bars once a month?)(300 respondents).
Table 4.0
2009
Metro Manila 100% 11,989,458
18-50 years old 52% 6,234,518
Car owners 3% 187,036
Bar Goers (276 of 300) 92% 172,073
2010
Metro Manila 1 12,221,716
18-50 years old 0.52 6,355,292
Car owners 0.03 190,659
Bar Goers (276 of 300) 0.92 175,406
2011
Metro Manila 1 12,477,871
18-50 years old 0.52 6,488,493
Car owners 0.03 194,655
Bar Goers (276 of 300) 0.92 179,082
2012
Metro Manila 1 12,681,375
18-50 years old 0.52 6,594,315
Car owners 0.03 197,829
Bar Goers (276 of 300) 0.92 182,003
2013
Metro Manila 1 12,927,037
18-50 years old 0.52 6,722,059
Car owners 0.03 201,662
Bar Goers (276 of 300) 0.92 185,529
Table 4.1
Statistic
al
Straight
Line
Method
X
Year Y X 2 XY A b x Yc Y-Yc (Y-Yc)2
179, 176,65 76 3
2011 082 3 9 537,247 0 2 178,934 148 21,920
182, 176,65 76 4
2012 003 4 16 728,012 0 2 179,696 2,307 5,323,069
Arithmeti
c
Geometri
c Curve
Method
Increas Percent of (1
Year Y e Increase Yi + 1 +r) Yc Y-Yc (Y-Yc)2
185, 3,525.7
2014 529 4 0.019 X X X X X
1,373,7
0.07 = 3
Standard
Deviation 524.16
Table 4.3
Statistical Parabolic
Projection Method
Yea X X
r Y X 2 X4 XY X2Y A B X C 2 Yc Y-Yc
200 172, ( (516, 1,548 175, 27, ( 3 95, 7
9 073 3) 9 81 218) ,654 712 778 3) 45 9 485 588
201 175, ( (175, 175 175, 27, ( 3 148, 2
0 406 1) 1 1 406) ,406 712 778 1) 45 1 279 127
201 179, 467 179 175, 27, 3 203, (2
1 082 1 1 1 ,978 ,082 712 778 1 45 1 835 753
201 182, 546 1,638 175, 27, 3 262, (8
2 003 3 9 81 ,009 ,028 712 778 3 45 9 152 149
Standard Deviatio
table 4.4
straight
line
Year Y a Yi-1 YC Y-YC (Y-YC)^2
172
2009 ,073 - -
175
2010 ,406 3,364 172,073 175,437 (31) 940
179
2011 ,082 3,364 175,437 178,801 282 79,316
182
2012 ,003 3,364 178,801 182,165 (162) 26,148
185
2013 ,529 3,364 182,165 185,529 - -
106,405
Standard
Deviation 145.88
After these methods, the result shows that Statistical Straight Method has the
lowest standard deviation. And it shall be used to project the future demand growth
of employee population in Metro Manila. The five year projection of the market is
indicated below in table 4.5, using the Statistical Straight Method.
Table 4.5
Year Market
2009 172,073
17
2010 5,406
17
2011 9,082
18
2012 2,003
2013 18
5,529
B. Service Description
a. Demand Description
Metro instant Driver At your Service is located at the heart of three highways;
C5 road, Ortigas Avenue and Marcos Highway. These highways are very important
in accessing major cities like; Mandaluyong, Quezon City, Taguig, and Pasig. All of
which are known for bar and club areas. The location is not also far from EDSA,
which means the location is accessible for whole metro manila.
b. Demand Analysis
In order to get an estimated demand for the services provided MIDAS, The
researcher conducted a survey randomly inside metro manila and also observe
behaviours by going to different bar areas like Metrowalk and etc.
Table 4.7 shows that 88% of the respondent bar goers would avail MIDAS
service. Among those willing respondents, only the ones who answered strongly
willing are counted as part of the demand. And based on the results, there will be a
total of 11,043 people for the year 2013. To further calculate the demand the
researcher gathered the demand yearly frequency of the market, the data is shown
in table 4.8. and it shows that 295,822 is the total service demand for year 2013.
Table 4.6
Class
AB 1%
C 9%
D 60%
E 30%
Table 4.7
Table 4.8
Numb
er of
Total Peopl
target e who Consumpti
populati Percenta go to on per Service
on ge bars Frequency year Render
295,822
4.9
Year Demand
2013 295,822
2014 295,822
2015 299,186
2016 302,550
2017 305,914
The data presented above are only computed based on the statistical data
and information gathered in different agencies of government by using the most
accurate method of projection among all of it, which is the statistical straight line
method. In which was applied on survey results that was conducted at various
enterprises and cooperatives. With all possible method of projection, the researchers
have concluded it to be the most accurate and reliable.
C. Supply Projection
Since we cannot obtain the data that we need from public and private institution
pertaining to the number of bar goers who avail a driver on call service, weve
decided to use one of our survey questions how did you get home? (if you are drunk
and unable to drive)?. The total percentage of the respondents who said avail a
driver on call multiplied to the number of the potential market (18,297) (table 4.6). we
multiply yearly average consumption to projected number of people who avail
services
Table 5.0
Table 5.1
Number of People 123
Table 5.2
Year Supply
2013 11,501
2014 11,720
2015 11,942
2016 12,169
2017 12,400
In order to determine the number of potential customer those are not being served,
we computed the demand gap by plotting a projection using the data results in
demand and supply. It is shown in table 5.3
Table 5.3
E. Price Study
Driving M.I.D.A.S Lifeline Dial a driver
Service Rescue
Pick And PHP500.00
Drop Pric All over
Cities e Metro Manila
Mandalu 500
yong PHP
City
Makati
City
Pasig
City
Quezon
City
Taguig
Other 500
Cities PHP
inside
metro
manila
Per Hour
Price
Add./Hr.
6 hr
720
120
12hrs
1,200
Hr.
24hrs
6 800 100
hrs. 2,200
12hr 1350 100
s 90
24hr 2,300 90
s
F. Marketing Plan.
Product
rent rent
(Metro (including
Manila ouside Metro
Only) Manila)
Metro Instant Driver At your Service offers its pick and drop driving services to
people who bring their car to the bars, in which may be incapable of driving due to
alcohol intake. The bar clerks or the person itself may call Metro Instant Driver At
your Service to request an instant driver to pick-up the drunk person together with
his car, and drop the customer to his/her home.
In the growth stage we are going to introduce a driver on rent service. Driver on rent
service is charged by fixed six hour hourly basis, and additional charge in every
succeeding hour. This service is designed to serve the needs of family, businessmen
and disabled people, whenever their driver is not around or just need a driver.
In the maturity stage we are going to introduce another driver on rent which will
serve also the family and other businessmen for long distance travel outside metro
manila.
Place
For our pre introductory period, Metro Instant Driver At your Service will only put only
one office for we believe that it is economical and cost efficient that way since we
only serve just a part of metro manila on that stage. As we go to introductory stage
Metro Instant Driver At your Service will expand its operation towards the whole
metro manila
Price
Primary Services Primary Services Primary Services Primary Services
Cities Price Cities Price Cities Price Cities
Mandalu 500P Mandalu 450P Mandalu 500P Price
yong HP yong HP yong HP Mandaluyong City
City City City
Makati Makati Makati akati City
City City City Pasig City
Pasig Pasig Pasig Quezon City
City City City Taguig
Quezon Quezon Quezon 500PHP
City City City
Taguig Taguig Taguig
Secondary
Secondary Pric Add./
hrs 0 .
12 1,3 100
.
12 13 100 hrs 50
24 2,3 90
hrs 50
24 2,3 90 hrs 00
hrs 00
Promotion
Primary Services Primary Primary Services Increase budget
Focus on Informative Services Sponsoring Open advertising.
Sponsoring
Advertising targeting Parties,
Parties,
bars/clubs. Seminars, etc. Seminars,, etc.
During the MIDAS (Metro Instant Driver At your Service) pre introductory and
introductory phase. MIDAS will focus on Informative Advertising targeting bars/clubs.
The company will bombard advertisement in order to increase Brand Awareness. In
the growth stage MIDAS will Start to sponsoring open parties, Seminars, etc.
Promotions will be more on the properties of the service, which inform
them about what are the benefits they can get by acquiring Driving
services instead of driving drunk or exhausted. In the beginning of the
maturity stage MIDAS will maintain or Increase budget for advertising in
order to sustain loyal customers.
PRE
INTRODUC GROW
INTRODUCT MATURI
TION TH
ION TY
Partnershi
Around Metro
p with
Manila
Bars/Clubs
Sponsorsh
Parties
ips
Regarding the
benefits of
Availing
Seminars MIDAS (Metro
Instant Driver
at your
service)
Brochures Anytime
Facebook,
Twitter,
Online OLX.ph
Ayos dito,
MIDAS advertisement will solely focused on below the line advertisement because of
its narrow market and also it is not efficient to advertise on televisions and other
above the line advertising, because of the companies target market.
V. Operations Study
A. Operations/Production
b. Operation Schedule
d. Labor Requirements
e. Quality Control
- In order to ensure and maintain quality
service, customers are encouraged to
report incidents concerning M.I.D.A.S
employees through a linked hotline
attached to their receipt.
- The reports queried on this hotline will be
strictly confidential and be monitored only
by the management
o Employee Hygiene
- Neat haircut is mandatory
- Employees should maintain high degree of
cleanliness during working hours
o Employee Behaviour
- Employees are required to observe
courteous and hospitable behaviour
especially when dealing with clients
A. Organizational Plan
I. Form of Ownership
In order to save cost and resources, the proprietor will play the
function of the Human Resource Department. As for the Finance
Department of the business, an accountant would be outsourced
every end of the year in order to monitor M.I.D.A.S finances. This
strategy, however, is only for a short term basis. When the business
has generated enough revenues to expand, it would be a priority of
M.I.D.A.S that these two departments be properly established.
M.I.D.A.S
Operatio Marketin
ns g
Custome
r Service
M.I.D.A.S Officers
o Head of Operations Departments
This person shall be responsible in overseeing daily
operations of M.I.D.A.S. Ensuring that the business
provides a gold standard in rendering their service is
his/her main goal.
o Head of Marketing Department
This person shall be responsible for establishing
brand awareness among the target market.
Personnel
o Drivers
o Customer Service Agent
B. Strategies and Programs
I. Strategic Corporate
IV. Technology
A price quotation for the service would also be computed for the
client after whom it will confirm if the client agrees. If the client
agrees, only then will M.I.D.A.S be notified of the queue client call.
V. Finance
VI. Operations
I. Strategic-Corporate
The partnership would also keep track on all of its sales through the
transaction records and closely monitor the accomplishment of
targeted sales through the given forecast.
IV. Technology
The mobile application of M.I.D.A.S will be made available for Android
users through the application store. This application would be
maintained regularly in order to check for glitches and bugs.
Monitoring of this application round-the-clock is mandatory as it serves
as a medium for client calls and feedbacks.
V. Finance
The partnerships finances would be monitored by the two proprietor.
Allotment of resources would have to be decided by proprietor. Records
of the proprietorship transactions are to be kept in order to keep an eye
on the partnerships financial needs.
VI. Operation
In order to ensure quality service, drivers of M.I.D.A.S would be
regularly given trainings and seminars regarding defensive driving and
safety. These trainings or seminars would be conducted once a month.
The head of operations would be in charge of facilitating these
trainings and provision of guest speakers.
D. Other Strategies
I. Contingency Plans
If desired target profit for the year was not met, a re-
assessment of the business strategies and programs would be
held by managing partners and other officers. In this meeting,
major flaws would be discussed as well as marketing and
operations would be re-evaluated.
III. Requirements
a. Duly completed
application for authority to
print receipts and invoices
(BIR Form No. 1906);
b. Job order;
c. Final and clear sample
of receipts and invoices
(machine-printed);
d. Application for
registration (BIR Form No.
1903); and
e. Proof of payment of
annual registration fee
(BIR Form No. 0605).
15 Print receipts and 7 days PHP 3,500 (between PHP 3,000 -
invoices at the print PHP 3,800)
shops