Professional Documents
Culture Documents
Mba Risk Management Marcos
Mba Risk Management Marcos
Mba Risk Management Marcos
MANAGEMENT
1. What are the primary goals and objectives of your agency or organization? Are there any
specific projects or initiatives currently underway to achieve these goals?
Answer: Sea and Sky College, Inc. is a private institution that began its operation on
September 17, 1994. We are now 29 years in the academe industry. This institution is
owned and managed by Sir Daniel T. Bolong Jr. and Dr. Ma. Luz O. Bolong. This school
is the pioneering institution of Tourism Education entire La Union. At present, we offer 5
courses, BSHM, BSTM, BSBA, BSOA and BA Comm.
The very goal of our institution is to become a great partner of providing quality
education and to be the prime institution that offers tourism education in the Province of
La Union.
To attain these goals, our institution simultaneously advertises its name in different parts
of the province. We do Career Guidance to different Senior High Schools, we distribute
flyers and utilizes multimedia platforms like radio ads and social medias to better reach
wider audience.
2. What are the main stakeholders involved in your agency’s projects and operations? How
does their interest align or conflict with the agency’s goals?
Answer: There are numbers of stakeholder involved in our projects. Below are the
aligned stakeholders with our goals and they are as follows:
c. FACULTY MEMBERS. They will serve as our agency partners in carrying out the
vision, mission and goals of our company. They will help us provide quality
education and mold high caliber manpower of tourism industry.
d. OJT PARTNERS. They will help us attaining our VMGO’s thru building and creating
competitive manpower in the field of tourism industry by training our student to hone
their knowledge, skills and attitude needed in the industry they belong.
Listed below is the stakeholder that conflicts with our goals:
a. Other HEI’s (Higher Educational Institutions). Other institution that offers the same
courses with our agency. They will become our competitors of providing quality
education.
3. What external factor or events could impact the operations or projects of your agency?
For example, are there regulatory changes, economic trends or environmental factors to
consider?
Answer: There are different events that affect our operations. As to:
a. REGULATORY CHANGES
b. ENVIRONMENTAL FACTORS
c. ECONOMIC TRENDS
1. IN-DEMAND COURSES/JOBS. One factor that also affects the operation of
higher educational institutions is the lack of enrollees because of the in-demand
courses. Some of the prospects choose courses that is highly in-demand. A lot of
times that tourism education courses lose from in-demand courses making it to
few numbers of enrollees.
4. What are the financial implications of your agency’s projects and operations? Are there
budgetary constraints or funding uncertainties that could pose risk?
Answer: Because of some factors, the financial aspect of our agency fluctuates like a
roller coaster ride. Win-win situations brings high level on financial records of our
agency, for instance, more enrollees because of the demand of manpower in tourism
industry could bring high finances to our agency. On the other hand, some unforeseen and
uncontrollable scenarios could affect the financial records of our agency, for instance the
COVID-19 Pandemic, the K-12 Program, some regulatory forces and economic trends.
Because of this, there are times that budget is being constraint. For example, due to lack
of enrollees our employee’s monthly budget allowance may be trimmed down or cut off.
5. Are there any legal or compliance requirements that your agency must adhere to? How do
you ensure compliance, and what are the risks of non-compliance?
In terms of regulatory changes set by the CHED, we may enhance and improve our
curriculum if needed. CHED will visit our agency for compliance purposes. In case of
lack of requirements or doesn’t meet the standards, we will be given a grace period for us
to comply.