Module HRFS106 Chapter 1&2 2022

ST. MARY’S COLLEGE BAGANGA, INC.
Conception Street, Baganga

Davao Oriental
Module of Instruction
HRFS 106
FEASIBILITY STUDY
2022 edition
RATIONALE
This module of instruction will serve as the lecture instrument for each topic and is designed to
aid student’s learning in developing a feasibility study. The content of this module
includes discussions of necessary information applicable to the study and important
guidelines for crafting the study. The student then should possess the dual virtues such as
responsibility and accountability. Responsibility means being responsible for mastering the
lessons and completing the required tasks. Accountability means being accountable of own
performance, checking out the work carefully, noting areas that needs improvement or the need
to ask assistance from the facilitator by any means. Determination is the key ingredient of
learning otherwise this investment in learning would be in futile.
The Feasibility Study covers seven chapters—management and administrative personnel

feasibility, marketing feasibility, technical feasibility, financing feasibility, financial feasibility,
socio-economic feasibility, implementation and timetable, that need to be completed. Each
chapter requires output to be submitted as scheduled. Self-checks and related learning activities
are required to be accomplished in a worksheet for these are also graded output.
Learning Objectives : These show the learning outcomes the students should attain.
Overview : The summary of the chapter’s content.
Vocabulary : Definition of important terms in business language.
Lesson : This is the discussion of the lesson.
Self-check : These are the quizzes which will be given after the discussion of
each lesson.
Assignment : These are activities of each chapter intended to measure the

learning of each student in addition to self-check.
Required Tasks : These are the tasks required to accomplish in each chapter of
the feasibility study. At the end of the chapter, there are formats
or guidelines to follow to formulate the feasibility aspects.
REYJEAN G. LAGUE, MBA
Instructress
S.Y 2022-2023 l BSBA Program l Module _ HRFS 106 l First Semester Page 2
HOW TO USE THIS MODULE?
1) Read the Veda Mecum. Veda Mecum is a separate module that discusses the standards
and phases in conducting the feasibility study. It contains all the instructions necessary
for the construction of letters and questionnaires as well as the manuscript and rubrics
for evaluation.
2) This module contains the discussion and the required content of each chapter of the
feasibility study.
3) The self-check will be given after the face-to-face discussion.
4) All assignments will be posted in the google classroom and must be submitted as
scheduled. You may attach a photo or pdf of your output in the google classroom.
5) All examinations will be conducted face-to-face. Students with unsigned clearance will not
be given examination papers. Special examination is highly discouraged except to
students with valid reasons (accident, illness, death of immediate family) which will be
provided with admissible proof.
6) Accomplish the tasks of every chapter that are written under Required Tasks. The required
tasks comprise the elements of every aspect of feasibility from which the manuscript is
derived. There will be a scheduled submission of the manuscript of every chapter. The
manuscript for checking should be submitted in the google classroom. See to it that the
submitted output is attached to the assigned menu.
7) Read the INSTRUCTION comprehensively. Comprehend WHAT IS ASKED IN THE

QUESTION. Regardless of how long your answer is, if it does not answer what is asked in
the question, it will be rated with the possible lowest score.
8) In answering the assignment:
a. You are advised to give your best in answering the task in your own ways instead
of copying from your classmates or from the internet.
b. Plagiarism is a BIG NO. Use a proper way of citation and follow the rubrics as
much as possible to avoid failing grades.
c. You are highly advised to cite related topics from the articles, books, or news to
have excellent answers and get desirable grades.
TIMELINE OF COMPLETION
Activities DATE
Orientation August 15 - 19, 2022
Discussion of Veda Mecum and proposal content August 22 – 26, 2022
Proposal Defense August 31, 2022
Conduct Survey September 5 – 10, 2022
Discussion of: September 12 – 16, 2022
Chapter 1:
Project Title and Project Proponent
Chapter 2:
Management and Administrative Personnel
Submission of Chapters 1 &2 manuscript September 18, 2022
Prelim Examination September 19 – 23, 2022
Discussion of September 26 – 30, 2022

Chapter 3: Marketing Feasibility
Discussion of October 3 – 7, 2022

Chapter 4: Technical Feasibility
Submission of Chapters 3 & 4 manuscript October 9, 2022
Midterm Examination October 10 – 14, 2022
Chapter 5 Financing Feasibility

Chapter 6 Financial Feasibility

Chapter 7 Socio-economic Feasibility
Chapter 8 Implementation and Timetable
Submission of Chapters 5,6,7, & 8 manuscript November 4, 2022
Final Examination November 7 – 11, 2022
Preparation for Final Defense November 14 – 18, 2022
Final Defense November 21 – 25, 2022
Routing of Manuscript November 28 – December 9, 2022
Submission of book bind December 16, 2022
PART I
Introduction to Feasibility Study
LEARNING OUTCOME
The students will be able to:

1. understand the phases of feasibility study.
2. apply the standards of writing feasibility study manuscript and
other necessary documents.
3. prepare a comprehensive business project to make concrete and useful
constributions where needed.
4. prepare business proposal requirements.
5. defend the business proposal.
Overview
Part 1 of the module consists of topics that prepare the
student in making the study such as typing guides,
steps in writing the study, identifying project team,
developing project ideas, different study possibilities,
and study format.
Vocabulary
1. Business Plan--it is designed after the decision to go
on with the business made in feasibility study;
for future projections (Mellinger, 2019).
2. Feasibility Study--it determines whether to go on
with the business or not; for research projects
(Mellinger, 2019).
Importance, Scope, and Nature
A. Importance
➢ Provide investors with the viability and vital information needed in deciding the
extent of the business proposal.
➢ An important tool for investment especially in a highly industrialized society. ➢
Required by financial institutions for loan applicants whose borrowing is beyond the
loan ceiling; to ensure that loan investments will go to viable projects. ➢ Students’
final report should reflect on the knowledge students acquired in first year wherein
students are also required to defend their work.
➢ This must be real and practical.
➢ Return on Investment (ROI) is the main gauge in determining the viability of the
project, thus, the writer should give allowances to figures to account any
inflationary changes between completion of the study and actual implementation.
B. Scope
A detailed feasibility study covers the following aspects: Pre-operating,
Management, Marketing, Technical, Financing, Financial, and Socio-economic
feasibilities including the auxiliary and ancillary activities. The ‘completeness’ of
the study should at least consist of the following:
➢ Visualization of the flow details of all phases of the project.

➢ Determination of the best alternatives for the management, marketing,
production, and financial operations.
➢ Knowledge on how to divide the project into ‘functional components’ for
easier and faster calculations of costs, etc.
➢ Determination of activities that could be implemented as ‘sub-projects’
rather than as direct part/s of the entire project.
C. Nature
The ‘correctness’ of final work is its practicality of implementation at a specific
time in the future. To solve this, one should carefully study and select the data inputs
containing allowances for future inflationary considerations.
One has to make sure that all aspects of the study are consistent and blend
harmoniously with each other. To resolve inconsistencies, one must settle with the
optimum choices of alternatives.
Conducting a feasibility study is actually fun and should not be feared by student
entrepreneurs. Coming up with own research and making proposals on probable/future
business could be one of the best challenges to entrepreneurs. Reviewing and putting all
the obtained knowledge in one monumental report is an ideal intellectual souvenir and
being able to defend the work is the best part of collegiate life.
Overton (2007) described feasibility as:

➢ The first stage of the product/service development cycle;
➢ Analyses the proposed project with respect to performance objectives; ➢
Produce a cost-benefit report and project charter to be used as a guide the o
analysis phase.
➢ Define the what/s and is of the project strategic issues that need to be
considered in assessing feasibility and the likelihood of succeeding.
➢ Useful in starting a new business, identifying new opportunities for an existing
business such as a new product, service, or branch.
➢ The key factor in making FS is ensuring that facts, assumptions, and financial
data are correct.
Pre-feasibility Studies
There are preliminary assessments to find out the viability of project ideas which will lead
to a detailed feasibility study. The following need to be determined as pre-assessment.
1) If the opportunities presented will really be viable for further detailed
studies. 2)Whether the project concept justified a more detailed feasibility
study.
3)Whether any aspect that is critical to the feasibility may need any support investigations
first in the form of functional or support studies.
4) If there is any information obtained from the project idea that is enough to attract
investors.
A. Preliminary Steps
It takes a second to come up with a business idea but it takes a long road to assess its
feasibility considering many things to make it successful. Some of the requirements and very
common widespread mistakes and miscalculations when launching ‘inventions’ and ‘new
products’ include the following:
1.The need to be prepared to give a hundred percent commitment of won effort. Lend an
ear to what others have to say and heed what is heard such as the need to do some
market research before a proper feasibility study is undertaken.
2.Ask potential customers on willingness to buy before producing the product.
3. Ask how to improve the product.
4. Do not assume that it is a ‘good product’; the product has to undergo testing. 5.
Understand the culture, cost structure, requirements, and protocol of the industry where the
product will be sold.
6. Being aware of commercial reality:
a. It is not unusual to retail a product for 5 to 10 times the manufacture cost. b. In
most cases, wholesaler and retailer earn more profit on a product than the
manufacturer.
c. It takes months to be paid for product/service.
d. Understand how sales and marketing in the world of business functions specifically
in niche market.
e. Trade customers usually expect trade discounts and various rebates and
contributions from suppliers including cooperative advertising amount. f. The apathy
of business and general public, to change and new product.
7. Commercial Reality
a. Being aware of the need for market research and on-going research and
development which is involved in most successful new products that tales one to
three years.
b. The need for packaging, point of sale displays, advertising budget, and integrated
sales and marketing campaign.
c. Meet the government and industry regulations.
d. Proper checking of manufacturing costs which tend to be overpriced, a factor 75
percent overpriced is not uncommon.
e. Launching in a smaller market first before going to larger one.
f. Offering the product to 10 percent of the population is not practical, 0.5 to 1.0 is
more practical and still a difficult target.
g. Consider wide range of competitors, including the inexperienced and not well
knowledgeable yet competitive entrepreneurs in the industry.
h. Have the analogy of ‘could a specialist salesperson do the specialist job, such as
putting out a fire?’
i. Conduct an initial investigation on competitors’ strategies.
8. Legal Issues
a. Registration of Intellectual Property
b. Corporate structure (current and future)
c. Financial Liabilities, etc.
9. Focus on Limited Resources
a. people, skills, money, facilities, information
b. technology, unique technical skills
c. time, patents, copyrights, trademarks, intellectual property
d. external expertise, advertising agency, accountant, designer, consultant, media
contacts, formal or informal business networks
10. Environmental Climate

a. Demographics
b. Economic conditions
c. Competition
d. Social and cultural forces
e. Political and legal forces
f. Technology
B. Developing Project Ideas
Consider the preceding ideas for the study:
1. The business environment—for example the target market is teenagers, people in this
group like to read pocket books, eat sweet products, or wear trendy clothes.
2. Import and Export Figures—this can be found in Philippine National Statistic publications
where import figures could inspire local businesses regarding local substitutes
while export figures inspired business regarding development of local resources.
3. Available Skills—availability of local skills, not necessarily similar business but can be the
related ones, such as putting up agri-business because of numbers of skilled
individuals in agriculture.
4. Local Raw Materials and Resources—natural resources like forests, mineral, and water
can be a source of directly related business such as power-intensive business.
5. New Technology and Developments—there government (ex: Bureau of Fisheries) and

private organizations that publicize researches in different industries. These
researches could be borrowed for to come up with ideas suitable to location.
6. Inter-agency opportunities—there are emerging business near the existing ones, for
example packaging business near manufacturing company; eateries, gasoline
station, and vulcanizing shops near newly built highways or bus stations.
7. Industry Studies—there are government agencies conduct industry studies for possible
business ventures such as Department of Trade (DTI), Private Development of
the Philippines (PDCP), and National Economic and Development Authority
(NEDA).
8. Development Plans—being updated of development programs of government and private

companies like construction of roads, power facilities, and other industrial and/or
infrastructure.
9. Old Projects—look for proposals that were not realized before because of some conditions
which may now prove feasible.
10. Business Periodicals—there is so many business magazines that have information of new
products, processes, and contain valuable economic information such as
entrepreneur, INC, Harvard Business review, Fortune, BusinessWorld, etc.
11. Industry Lists—Philippines Standard Industrial Classification and Security and Exchange
Commission (SEC) have the list of products and sources of business information
and ideas while the Philippine’s Investment Priorities Plan published by Bureau of
Investment (BOI) has the list of projects that are given priority and incentives.
12. Follow Experience Elsewhere—foreign economic activities may have similar condition in
the country. For example, silk-cotton products command high price in US and
Canada for manufacturing baseball bats; country in tropical area like Indonesia
extensively exploit this business.
C. Opportunity Studies
Business opportunities and investment ideas maybe made by analyzing the following:
1. Natural resources with potentials of processing, for instance, lumber for wood-based
resources or metalcraft from mineral rich localities.
2. Existing agro-industrial pattern in locality.
3. Future demand of some goods or newly developed ones that is feasible based on the
increase in population.
4. Identifying possible local substitutes of imports.
5. Manufacturing companies that are successful elsewhere could yield the same or be
suitable locally.
6. Possible inter-linkages of local industries.
7. Expansion and diversification possibilities of existing businesses in terms of new product

lines or production capacities.
8. Local investment climate.
9. Industrial and Manufacturing policies in the locality.
10. Costs and production factors in the area.
11. Export possibilities.
Business Project Proposal
The following instrument and information must be prepared before the business proposal
defense:
1.Cover page (refer to Veda Mecum)
2. Business project rationale
a. Purpose of the project
b. Objectives of the project
c. Description of type of organization
d. Location of the project
3. Overview of the intended:
a. Administrative personnel and key employees
b. Marketing feasibility
i. Description of target consumer/client
ii. Possible rate of demand with factual bases
iii. Identified suppliers
c. Technical/production feasibility
i. Brief description of product or service with a sample photo
ii. Proposed technical/production flow chart
iii. Material requirements
iv. Machinery or equipment
d. Finance
i. Identified financer of the project
ii. Pre-determined total capital of the project
Part II
Main Body of the Study
LEARNING OUTCOME
The students will be able to:

1. demonstrate knowledge of organizational systems, management
theories, and rules from labor.
2. select the proper management strategy to critically, analytically and
creatively drive results.
3. apply local government policies for business-related activities to solve
environmental and socio-political issues
4. solve labor disputes using labor laws to manage responsibilities wisely.
5. apply labor laws to manage responsibilities wisely.
Synthesis
Part II of this course module consists of the main
parts of the study. However, in this module, only chapter 1,
2, and 3 are discussed which are the project background,
management and administrative personnel feasiblity, and
marketing feasibility.
Vocabulary
Job Analysis--understanding the 'what can do' and 'what
will do' of the job.
Job Descriptions--a formal account of employee's
responsibilities.
Job Specifications--statement of employee's education
qualifications, specific qualities, level of experience, physical,
emotional, technical and communication skills.
Job Classifications--systematic process of evaluating the
duties, responsbilities, scope, and complexity of position
description.
Executive Summary
1) Project background
a. Name of Proposed Project
_____________________________________________________________
____________________________________________________________
b. Type of Business Organization

_____________________________________________________________
____________________________________________________________
c. Location of the Project

_____________________________________________________________
____________________________________________________________ d.
Proponents
_____________________________________________________________
____________________________________________________________
2) Management and Personnel Feasibility Summary

___________________________________________________________________
__________________________________________________________________
3) Marketing Feasibility Summary

___________________________________________________________________
__________________________________________________________________
4) Technical Feasibility Summary

___________________________________________________________________
__________________________________________________________________
5) Financing and Financial Feasibility Summary

___________________________________________________________________
__________________________________________________________________
6) Socio-economic Feasibility
___________________________________________________________________
__________________________________________________________________
Conclusions to Feasibility ________________________________________________________
Chapter 1
PROJECT BACKGROUND
This chapter tackles the basic foundation of the proposed business which includes the profile of
proponents, proposed name of business, the type of organization to apply, and the location of
office or plant.
Types of Business Organization
1) Single Proprietorship
The business is owned, managed, or operated by a single person.
Advantages:
➢ Simplicity of organization
➢ Owner’s freedom to make all decisions
➢ Owner’s enjoyment to all earned profits
➢ Minimum legal restrictions
➢ Ease of discontinuance
➢ Tax advantages
Disadvantages:
➢ Owner’s possible lack of ability to manage
➢ Limited opportunities on the part of employees
➢ Owner’s possible difficulty in raising capital
➢ Limited life of the business
➢ The proprietor’s unlimited liability
2) Partnership
A group of two or more persons organized as co-owners of a business for profit.
The business is based on the Partnership Agreement that is also known as ‘Articles of
Partnership’. In the absence of this agreement, the partners divide equally all the profits
and losses unless otherwise there is special agreement previously signed by both parties.
Advantages:
➢ Ease of organization
➢ Combined talents, judgments, and skills of all partners
➢ Availability of more capital for the firm from any or all partners
➢ Maximize personal interest
➢ Company’s definite legal status
➢ Tax advantages
Disadvantages:
➢ Unlimited liability which is distributed not only to partners but also to those
that signed the contract by other partners.
➢ Limited life of the firm
➢ Possible division of authority
➢ Possible danger in disagreement of decisions and issues
3) Corporations
An artificial legal person created by an approval of founders through ‘Article of

Incorporation’. It can exercise its rights as governed by the specified laws and powers of
the state expressed in ‘By-Laws’. Ownership is often transferable stock certificates.
Stockholders elect the members of the Board of Directors who appointed the officers to
manage the business.
Advantages:
➢ limited liability to stock holders

➢ perpetual life up to 50 years in most cases and renewable
➢ ease of transferring ownerships
➢ applicability to all sizes of firms
Disadvantages:
➢ bound by government regulations

➢ expensive to organize
REQUIRED TASKS
CHAPTER I
Project Background and History
(State here the brief background and history of the project)
1.1 The Project Proponents
NAME NATIONALITY ADDRESS % OWNERSHIP

1.2 Proposed Name of the Business
State the reason/s for the choice of name.
1.3 Type of Business Organization

State here the type of organization to employ (single proprietorship, a limited or
general partnership, a corporation, a subsidiary/branch/others. Indicate also the reasons
of the choice.
1.4 Location of Head Office and Plant
Chapter 2
MANAGEMENT AND PERSONNEL

ADMINISTRATIVE
This chapter discusses the proposed management strategies, various persons who will manage
the business and samples of project’s administrative flow diagram and forms design.
Organizational Charts
A. Line Type Organizations
(www.yourarticlelibrary.com)
Advantages: simple, highly efficient, versatile, and fast-decision making
Disadvantages: autocratic, tendency to be too centralized, tendency to overload

responsibilities to top management, impractical for big
corporations
B. Line and Staff Organizations
Advantages: provide a supplementing arm between different levels of

management, very effective with proper coordination of staff,
easier workloads with proper assistance from the person’s
involved, capable of ‘speeding up’ solutions to departmental
problems.
Disadvantages: Tendency of some staff to overstep their authority’s limits if no

proper definitions of working relationships are made, danger of
some management personnel to force line and staff to do
practically all the work, possibility of too many line orders within
the organization.
(rlsdhamal.com)
C. Functional Type Organizations
(schuetteefasano.blogspot.com)
Advantages: specialized management, efficient, simplified management controls
Disadvantages: too many bosses, hard to enforce discipline, limited executive

knowledge of operations of the entire business
D. Committee Type Organizations
The members of the organization as a whole have to formulate decisions with no

person in charge. It is usually applied to specific departments or sections of an
organization. This is also known as Executive Committees, Finance Committees,
etc.
Advantages: fosters cooperation, balance views on business project or project

decisions
Disadvantages: have to deal with groups rather than single person, hard to fix
individual responsibilities, tendency of coming up with slow
and
unwieldy group if the organization is too large which results to
time-consuming activities on some projects, hard to produce
clear-cut decisions
A Selected List of Books and Rules from the Labor Code of the Philippines on
Personnel Benefits
A. Statutory Monetary Benefits

The table below illustrates the compliance guide on the Rules of Labor Code of
the Philippines from which the employers of business institutions have to abide with the
statutory monetary benefits for the employees.
Standards Establishments agriculture/
Retail and Service Non Reference Page
Applicable Labor
Employing 1 number
to 5 workers to 9 workers
Employing 1 Agriculture
Minimum wage ✓ ✓ ✓ 2 Holiday Pay (Article 94) N/A N/A ✓ 12 Premium Pay (Articles 91-93)
✓ ✓ ✓ 16 Overtime Pay (Article 87) ✓ ✓ ✓ 20 Night-shift Pay (Article 86) N/A ✓ ✓ 22 Service
Charges (Article 96) ✓ ✓ ✓ 25
Service Incentive Leave (Article 95) Compensation Program or ECC benefits (PD
626)
Maternity Leave
(RA 1161, as amended by RA 8282) Paternity Leave
PhilHeath benefits
(RA 7875, as amended by RA 9241)
(RA 8187)
N/A N/A ✓ 26 ✓ ✓ ✓ 28 ✓ ✓ ✓ 29 ✓ ✓ ✓
Parental Leave for Solo Parents (RA 8972)
Leave for Victims of Violence Against 31 ✓ ✓ ✓ 34
Women and their Children (RA 9262)
Special Lave for Women (RA 9710)
13th month pay ✓ ✓ ✓ 46 ✓ ✓ ✓ 38 ✓ ✓ ✓ 43
(PD 851)
Separation pay
N/A N/A ✓ 46 ✓ ✓ ✓ 50
(Articles 298-299)
Retirement pay
(Article 302)
Benefits under the Employees’ ✓ ✓ ✓ 54
SSS benefits (RA 1161, as amended by RA 8282) Pag-IBIG
benefits ✓ ✓ ✓ 59 ✓ ✓ ✓ 62
(RA 9679)
Book III Conditions of Employment from labor Code of the Philippines, pursuant to DOLE
Department Advisory no. 1, series of 2015, discussed the following rules:
Title I—Working Conditions and Rest periods
Chapter I Hours of Work

Chapter II Weekly Rest Periods
Chapter III Holidays, Service Incentive Leaves, and Service Charges
Title II—Wages
Chapter II Minimum Wages Rates

Chapter III Payment of Wages
Chapter IV Prohibitions Regarding Wages
Chapter V Wage Studies, Wage Agreement, and Wage Determination
Chapter VI Administration and Enforcement
Title III—Working Conditions for Especial Groups of Employees
Chapter I Employment of Women

Chapter II Employment of Minors
Chapter V Employment of Night Workers
B. Health, Safety, and Welfare Benefits
Republic Act number 11058 is an act strengthening compliance with occupational safety and
health standards and providing penalties for violations thereof. This act is consolidated of House
Bill No. 64 and Senate Bill No. 1317 was passed by the House of Representatives and the
Senate on May 22, 2018.
Chapter III Duties and Rights of Employers, Workers, and Other Persons
Chapter IV Covered Workplaces
Chapter V Joint and Solidarity Liability
Chapter VI Enforcement of Occupational Safety and Health Standards
Book IV Health, Safety, and Social Welfare Benefits from labor Code of the Philippines, pursuant
to DOLE Department Advisory no. 1, series of 2015, discussed the following rules:
Title I—Medical, Dental, and Occupational Safety
Chapter I Medical and Dental Services

Chapter II Occupational Health and Safety
Title II—Employees Compensation and State Insurance Fund
Chapter I Policy and Definitions

Chapter II Coverage and Liability
Chapter III Administration
Chapter IV Contributions
Chapter V Medical Benefits
Chapter VI Disability Benefits
Chapter VII Death Benefits
Chapter VIII Provisions common to Income Benefits
Title III—Medicare
C. Labor Relations
Book V Labor Relations from labor Code of the Philippines, pursuant to DOLE Department
Advisory no. 1, series of 2015, discussed the following rules:
Title VI—Unfair Labor Practices
Chapter I Concept
Chapter II Unfair Labor Practices of Employers
Chapter III Unfair Labor Practices of Labor Organizations
Title VII—Collective Bargaining and Administration of Agreement
Title VII-A—Grievance Machinery and Voluntary Arbitration
Title VIII—Strikes and Lockouts and Foreign Involvement in Trade Union Activities
Chapter I Strikes and Lockouts

Chapter II Assistance to Labor Organizations
Chapter III Foreign Activities
Chapter IV Penalties for Violations
D. Post-Employment
Book VI Post-Employment from labor Code of the Philippines, pursuant to DOLE Department
Advisory no. 1, series of 2015, discussed the following rules:
Title I—Termination of Employment

Title II—Retirement from the Service
Theories of Management
Theorists have long speculated on what kind of management is best for people in a
professional setting. These theories of management or collections of ideas provide management
a framework of effective strategy to motivate and bring out the best in the workforce. Proper
management is very tricky wherein not all employees within the organization respond positively
to management tactics in similar ways. Thus, it is common to managers to use more than one
theory to achieve the goals.
1) Scientific Theory of Frederick W. Taylor
This focused on efficiency of work processes and aimed to make work more
efficient.
Principles:
➢ Each task should be studied in order to determine the most efficient way to
perform the task which disrupts the traditional working processes.
➢ Workers should be matched to jobs that are aligned with their skills and
motivation.
➢ Workers should be checked regularly to ensure that only best working practices
are followed.
➢ Managers should spend time on training staff and planning for future needs.
Positive points: maximizing efficiency and assigning workers to job based on

abilities and motivation levels
Negative points: de-emphasis on teamwork, focus on specific and individualized tasks

eliminates creative problem-solving, encouraging
micromanagement that increases difficulty of employees
2) Administrative Theory by Henri Fayol
Functions: forecasting, planning, organizing, commanding, coordinating, and

controlling
The 14 Principles:
➢ Division of Work
➢ Authority
➢ Discipline
➢ Unity of Command
➢ Unity of Direction
➢ Subordination of Individual Interests
➢ Remuneration
➢ Centralization
➢ Scalar Chain
➢ Order
➢ Equity
➢ Stability of Tenure of Personnel
➢ Initiative
➢ Espirit de Corps
3) Bureaucratic Theory by Max Weber
Principles:
➢ Task specialization—each employee fulfills a specific role in company.

➢ Hierarchy—clear hierarchy within the company.
➢ Formal Selection—worker’s role is based on qualifications; leaders are
elected by vote.
➢ Rules and Requirements—uniform standards and selecting essential rules
to achieve goals.
➢ Impersonal—rules and regulations dominate the business structure where
promotions are based on performance instead of
emotions of personal ties.
4) Human Relations Theory of Elton Mayo
This emphasizes on relationships where praise and teamwork and basic

motivational factors. Valuing relationships above everything else can lead to tough
situations, such as office romances and personality-based promotions, rather than
achievements. Although is theory is a perfect opposite of bureaucratic, a healthy balance
between these theories could be a better goal for managers. Some rules are necessary
but that must not supposed to dehumanize employees either.
5) Systems Theory by Ludwig von Bertalanffy
This theory believes that any organization is a system like a living organism with
numerous things going on to maintain the process going. A business is not only about
the
CEO and individual is not just about the brain. A person (organization) needs to live with
his organs (staffs) and other main features. An organization needs more than just a CEO
in order to thrive.
Organizations may benefit from having multiple departments on the same page. If
the sales department is struggling, it can affect the whole operation. On the other hand,
the hard-fought sales team does not automatically harm the accounting department.
Many organizations have separate entities within the organization that makes this
hypothesis inaccurate.
6) X and Y Theory by Douglas McGregor
This theory believes that there are two types of workers, the X and Y workers.
The X worker lacks motivation and drive thereby needs to be ordered while Y workers
are the ones who enjoy work and strive for self-fulfillment. Both workers are viewed at
the point of extremity which means every employee falls between these two types.
Although employees need not to be ordered all the time to do the tasks, there are some
that require discipline and rules. However, most employees enjoy work because of
encouragement. There should be a middle ground for the application of this principle.
Some Administrative Forms and Records
The following are suggested forms, select only what is applicable to the project or add the
records not written here.
1)Employees Requisition Forms

2)Job Applications and attachments
3)Pending Application Files
4)Offer and/or Confirmation of Employment Letters
5)Attendance and Absence Records or Time Records including vacation and sick leave
records, yearly leave records
6)Job Analysis Records
7)Job Evaluation and classification Records
8)Merit Rating Records
9)Employment Tests
10) Physical and Medical Exam Reports
11) Employees’ Training Records
12) Resignation Letter
13) Transfer or Promotion Requests
14) Personnel Action Forms
15) Performance Evaluations issued to employees and employee responses
thereto 16)Disciplinary memos issued to employees.
REQUIRED TASKS
CHAPTER II
Management and Administrative Personnel Feasibility
(State here the overview of the chapter)
2.1 Administrative Personnel

Give the statements or illustrations of the following:
➢Proposed number of administrative personnel

➢Proposed Organizational Chart in detail
➢Administrative personnel’s job requirements, specifications, responsibilities and functions.
Name the professional firms you may hire on a retainer’s basis relative to the project’
administrative operations (accountants, lawyer, and the likes). State the firm’s
responsibilities, retainer’s fee, and reason for choosing them.
Note: This must be existing firm or individual which means they will receive practical
amount of retainer’s fee.
➢Present any pro-forma contracts with the chosen firms or individual.
➢Show the availability and source of administrative personnel to be
hired. 2.2 Management Proposals
➢ State and define the management style to run the administrative workforce.
➢ State the project’s general company policies.
➢ State the functions of each administrative department/section of the project with
emphasis on individual policies.
➢ State trainings, seminars, and staff development programs you may wish to conduct
to administrative personnel with corresponding budget.
➢ Enumerate facilities, equipment, and machineries needed for the project’s
administrative department, stating also the description, sources, quantity, and
costs.
2.3 System and Forms Design
➢ State the project’s administrative flow of operations and standard operating

procedures, clearly showing internal and external relationships to other parts of the
entire organization. Explain the proposed system.
➢ Present project’s Flow Chart illustrating the proposed system of administrative
operations.
➢ Present sample design of Administrative Forms that will be used in the operations.
State the description, use(s), channel/s, who and how will these forms be
accomplished.

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ST. MARY’S COLLEGE BAGANGA, INC.

Conception Street, Baganga

The Feasibility Study covers seven chapters—management and administrative personnel

Overview : The summary of the chapter’s content.

Vocabulary : Definition of important terms in business language.

Lesson : This is the discussion of the lesson.

Assignment : These are activities of each chapter intended to measure the

3) The self-check will be given after the face-to-face discussion.

7) Read the INSTRUCTION comprehensively. Comprehend WHAT IS ASKED IN THE

8) In answering the assignment:

Orientation August 15 - 19, 2022

Discussion of Veda Mecum and proposal content August 22 – 26, 2022

Proposal Defense August 31, 2022

Conduct Survey September 5 – 10, 2022

Discussion of: September 12 – 16, 2022

Submission of Chapters 1 &2 manuscript September 18, 2022

Prelim Examination September 19 – 23, 2022

Discussion of September 26 – 30, 2022

Discussion of October 3 – 7, 2022

Submission of Chapters 3 & 4 manuscript October 9, 2022

Midterm Examination October 10 – 14, 2022

Discussion of October 17 – 21, 2022

Chapter 5 Financing Feasibility

Discussion of October 24 – 28, 2022

Submission of Chapters 5,6,7, & 8 manuscript November 4, 2022

Final Examination November 7 – 11, 2022

Preparation for Final Defense November 14 – 18, 2022

Final Defense November 21 – 25, 2022

Routing of Manuscript November 28 – December 9, 2022

Submission of book bind December 16, 2022

The students will be able to:

➢ Visualization of the flow details of all phases of the project.

Overton (2007) described feasibility as:

10. Environmental Climate

B. Developing Project Ideas

Consider the preceding ideas for the study:

5. New Technology and Developments—there government (ex: Bureau of Fisheries) and

8. Development Plans—being updated of development programs of government and private

2. Existing agro-industrial pattern in locality.

4. Identifying possible local substitutes of imports.

7. Expansion and diversification possibilities of existing businesses in terms of new product

8. Local investment climate.

9. Industrial and Manufacturing policies in the locality.

10. Costs and production factors in the area.

11. Export possibilities.

Business Project Proposal

The students will be able to:

b. Type of Business Organization

c. Location of the Project

2) Management and Personnel Feasibility Summary

3) Marketing Feasibility Summary

4) Technical Feasibility Summary

5) Financing and Financial Feasibility Summary

Conclusions to Feasibility ________________________________________________________

Types of Business Organization

An artificial legal person created by an approval of founders through ‘Article of

➢ limited liability to stock holders

➢ bound by government regulations

(State here the brief background and history of the project)

1.1 The Project Proponents

NAME NATIONALITY ADDRESS % OWNERSHIP

1.3 Type of Business Organization

1.4 Location of Head Office and Plant

MANAGEMENT AND PERSONNEL

Module HRFS106 Chapter 1&2 2022

Module HRFS106 Chapter 1&2 2022