Professional Documents
Culture Documents
Himig Defense Paper
Himig Defense Paper
Himig Defense Paper
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
EXECUTIVE SUMMARY
around City Square in Olongapo City. The venture aims to capitalize on the growing
demand for eco-friendly and aesthetically pleasing home decor items while promoting
market research, product development, and strategic planning, the project seeks to
establish a successful business model that resonates with target customers and
It highlights the market potential for bamboo wind chimes, with consumers
living spaces. It also identifies City Square in Olongapo City as an ideal location for
retailing Himig Hango Sa Kawayan products, given its high foot traffic and vibrant
atmosphere.
Hango Sa Kawayan products, including online platforms, local events, and partnerships
with eco-friendly organizations. And it also has financial projections that indicate a
growth over the initial years of operation. The project's sustainability initiatives, such
consumers.
1
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
CHAPTER I
INTRODUCTION
Bamboo wind chimes, with their enchanting melody and natural allure, have
found a harmonious resonance in Olongapo City, a place where the connection between
timeless creations have emerged not only as delightful souvenirs but also as symbolic
products within the domain of tourism and product development. Bamboo chimes
seamlessly blend artistry, sustainability, and cultural resonance, making them an ideal
elements and human artistry, creating an ethereal product that encapsulates cultural
long-lasting, and contribute to cultural identity maintenance. They also attract travelers,
support local craftspeople, and generate a sense of community. Customers can enjoy
Bamboo wind chimes are especially beneficial in environmentally sensitive areas and
bamboo wind chimes stand as a testament to the city’s values of cultural heritage
2
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
1. Business Name
The business will be named Himig Hango sa Kawayan, which is derived from the
tagalog word “Himig” (in English, melody, or tune) which refers to the principal part
the Bamboo.”
The proponents came up with this business name because the main product is
namely from bamboo. It also embodies the beauty of craftsmanship, cultural relevance,
2. Business Logo
Figure 1. Logo
The image displayed above features the logo of Himig Hango sa Kawayan, a
business that skillfully incorporates its business name, as the central design element to
achieve a minimalist and contemporary look. In addition to the business name, bamboo
leaves are integrated, symbolizing growth and renewal. The color palette predominantly
revolves around green, signifying nature, and harmony, reflecting the business's
3
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
graphics is also included in the logo, reinforcing its identity. Overall, the logo
effectively captures attention and represents the business through its thoughtful design
elements.
3. Business Tagline
The newly crafted tagline "Where artistry intersects with sustainability" from Himig
It aims to inspire individuals to choose the products while making a lasting impression
on their minds.
Our company is set to operate a physical store in City Square, Magsaysay Drive,
Olongapo City, specializing in premium bamboo wind chimes designed for home use.
With the brand name "Himig Hango sa Kawayan," our product theme aims to raise
awareness about the historical and cultural elements inherent in Olongapo City.
"Himig Hango sa Kawayan" not only offers premium bamboo wind chimes but also
seeks to immerse customers in the rich heritage of Olongapo City. Each wind chime
design is inspired by local history and culture, incorporating elements that reflect the
city's identity. This unique blend of craftsmanship and cultural storytelling creates an
engaging experience for customers, fostering a connection between the products and
4
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
ensuring that each bamboo wind chime not only produces musical sounds but also
serves as a tangible link to the city's history. Additionally, sustainability is a key pillar
of our concept, as the bamboo material is not only eco-friendly but also a nod to
offer not just products, but a meaningful and resonant connection to Olongapo City's
cultural roots.
Vision
choices, while also contributing to local economies through its aesthetic appeal.
Mission
Our mission is to celebrate the rich tapestry of local cultures and foster
sustainable tourism by crafting and promoting bamboo wind chimes and creating
culturally inspired and eco-friendly bamboo wind chimes that harmonize with the
natural world.
5
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Goals
practices.
● Empower local artisans, which is reflected in every bamboo wind chime created.
wind chimes that tell a story and provide a memorable experience for travelers.
Objectives
● Providing products that are both sustainable and ethically crafted with high
quality.
● Create the first Olongapo wind chime incorporated with dream catcher patterns
6
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
6. Business Location
Olongapo City. A convenient spot that can effortlessly draw in customers, particularly
7
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
CHAPTER II
PRODUCT DEVELOPMENT
This chapter will present the product details of Himig Hango sa Kawayan,
SWOT analysis, product costing and pricing, and the prototype of the product.
1. Product Description
Bamboo wind chimes are eternal treasures in the realms of acoustic and visual
aesthetics, representing a harmonious marriage of nature and artistry. These lovely wind
chimes, made from the tenacious bamboo plant, hold a rich tapestry of cultural heritage,
symbolic meaning, and an eco-friendly mindset. This product description digs deep into
the world of bamboo wind chimes, investigating their history, manufacturing methods,
designs, and the numerous benefits they provide to clients. It also embodies the beauty
a sustainable lifestyle. Bamboo wind chimes have a long history that stretches back
centuries and across civilizations. Bamboo wind chimes originated in Asia, where the
plant is abundant and highly valued. Bamboo denotes longevity, resilience, and wealth
8
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
sustainability. The tubes are then delicately tuned and assembled by skilled artisans,
together with carefully selected wooden or metal pieces, to generate the characteristic
melodic sounds when caressed by the wind. It also comes in a variety of designs, each
reflecting the cultural ethos of its birthplace. Some wind chimes have painted patterns,
colored accents, or distinctive shapes that provide a personal touch to the auditory and
visual experience.
Features
which is bamboo. Our wind chimes comprise a set of bamboo tubes that create pleasant
sounds when they hit each other. When the bamboo tubes collide with one another, and
the wind blows. The vibrations created by the collisions travel the length of the bamboo
● Bamboo tubes that have melodic tones when moved by the wind.
● Natural Aesthetics as our product has the natural look and feel of bamboo.
9
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Specifications
● Number of tubes- our bamboo wind chimes can have multiple tubes, between
5-8 or more.
● Indoor use- our wind chimes are suitable for indoor use only.
● Craftsmanship.
3. Benefits to Customers
The benefits of bamboo wind chimes for customers in Olongapo City are
numerous and rewarding. For residents and visitors to this coastal paradise, bamboo
wind chimes provide more than just aural joy. They provide respite from the hustle and
bustle of everyday life, with melodious melodies creating a calming and peaceful
history and traditions of the city, fostering a sense of identity and pride among the
people.
Additionally, for tourists exploring the city, bamboo wind chimes serve as
unique souvenirs, encapsulating the essence of Olongapo and bringing a piece of the
place's charm to take home. Beyond aesthetics, these bells also demonstrate Olongapo's
city known for its natural beauty. Thus, bamboo wind chimes become a source of pride,
serenity, and a tangible connection to the cultural and ecological values of Olongapo
City, making them a valuable and meaningful addition to the lives of residents and
visitors.
10
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Production System
intermediate inputs, intermediate outputs, and final outputs. The bamboo chimes
required primary inputs or resources, including capital, lands, labor, materials, and
supplies, to be constructed and completed. Bamboo, string, drill bits, saws, glue, and
varnish are the intermediate inputs for bamboo chimes. In addition, creating movement
and sound when the wind blows through them, and being associated with religious
beliefs, meditation, and creating a serene environment are the intermediate outputs.
Lastly, bamboo chimes help to create a positive sound energy vibration and bringing in
the metal element are the reasons why the customer is satisfied with the final output.
11
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
The SWOT Analysis is vital in the development of the proposed product since it gave
the proponents a much deeper grasp of how marketable their idea was. The proponents
can effectively support the products and predict potential future initiatives and
weaknesses, opportunities, and threats. The SWOT analysis of Bamboo Wind Chimes
is shown below.
STRENGTHS WEAKNESSES
OPPORTUNITIES THREATS
12
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
13
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
The following table shows the initial capital of Himig Hango sa Kawayan
conveying the first source of funding which came from personal assets to meet the
Permits Cost
14
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
TOTAL ₱9,730
TOTAL ₱13,896
D. Office Supplies
TOTAL ₱4,325
15
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
TOTAL ₱6,782
TOTAL ₱2,543
G. Maintenance Supplies
TOTAL ₱460
16
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
17
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Total 29,460.00
18
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
6. Product Prototype
19
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
CHAPTER III
MARKETING ASPECT
Himig Hango sa Kawayan aren’t just pretty sounds, it tells stories of peace and
calm. Its gentle tunes dance in the wind, making people feel relaxed. When you think
about selling it, they make people feel closer to nature, like they're escaping from busy
life. Himig Hango sa Kawayan stand for harmony and balance, making gardens nicer
and giving thoughtful gifts to people who need a break. With their soothing sounds and
timeless charm, wind chimes aren't just decorations, they're like a little bit of peace and
Buying Himig Hango sa Kawayan isn't just about getting something aesthetic;
it's about bringing calm and peace into your life. It is like friendly whispers in the
breeze, making you feel relaxed and happy. They're not just for looks, they help you
take a break and enjoy the little things. Whether you hang them in your garden, on your
porch, or balcony, not only does Himig Hango sa Kawayan add a special touch that
turns ordinary moments into something special. You're also getting closer to nature. It's
like creating your own peaceful retreat where the sound of the wind becomes your
favorite song.
enhancing outdoor spaces, bringing charm and tranquility to gardens, patios, and
balconies. Online shopping makes them easily accessible. In summary, wind chimes
outdoor settings.
20
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
The Cochran's Formula was employed to determine the sample size required for
21
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
The tables provided contain two sections: the first section presents the
demographic information of the respondents, while the second section presents a set of
22
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
40-49 8 2.08%
50 and above 4 1.04%
TOTAL: 385 100%
Table 18. Total tally of Age
23
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
souvenir
24
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
chimes
chimes
purchase chimes/souvenir
25
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Himig Hango sa Kawayan is a premium bamboo wind chime brand that aims to
embody the cultural and historical essence of Olongapo City. The brand has a strong
local interest, with 59.74% of respondents being Olongapo City residents. The chimes
the local community and visitors, ensuring that each wind chime design reflects the
essence of Olongapo. By incorporating elements of the city's identity into our products,
we strive to not only provide aesthetically pleasing wind chimes but also to contribute
to the cultural awareness and appreciation of Olongapo City. The market study will
delve into consumer preferences, local events, and the unique characteristics of
Olongapo, guiding the “Himig Hango sa Kawayan” brand to resonate with the city’s
residents and visitors alike. Which is why Bamboo wind chime product will be one of
26
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Based on the survey, the primary target of our product, Bamboo wind chimes are
the 57.66% individuals aged 20-29 years old (Gen Z and Millennials) who are currently
residing at Olongapo City, Bataan, and Zambales. They primarily have financial
capabilities of ₱10,000 for their monthly income salary, which also qualifies them as a
customer for their likeness on our product, Bamboo Wind Chimes. It caters to people
who are interested in local arts and culture, and potential buyer of the business product
and services.
The secondary target market of Bamboo Wind Chimes is classified into four groups
which also residing in Olongapo City, Bataan and Zambales. Based on the survey
conducted by proponents, 3.12% are individuals aged 19 years old and below belong to
the first group. The second group, with a 57.66% are individuals aged 20-29 years old.
The third group, with 36.10% of individuals aged 30-39 years old. The fourth group,
with 2.08% individuals aged 40-49 years old and the last group which results 1.04%
are individuals aged 50 years old and above. It is classified based on their aged and be
able to appreciate the essence of local arts and culture while learning and having fun.
27
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Bataan
Year Total Population (Growth Rate 2.45) Target Market (88.31%)
2024 935,943 826,531
2025 958,874 846,781
2026 982,366 867,528
2027 1,006,434 888,782
2028 1,031,092 910,557
Olongapo
Year Total Population (Growth Rate 2.36) Target Market (88.31%)
2024 283,933 250,741
2025 290,633 256,658
2026 297,492 262,715
2027 304,513 268,916
2028 311,700 275,262
Table 31. Target Population Olongapo
Zambales
Year Total Population (Growth Rate 2.02) Target Market (88.31%)
2024 703,716 621,452
2025 717,931 634,005
2026 732,433 646,812
2027 747,228 659,877
2028 762,322 673,207
28
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
2.2 Supply (Competitor’s Market Share, Competitor’s Market Share for 5 years)
Bataan
Year Local Tourist Shops Souvenir Shops Gift Shops
Markets (Standalone) (Standalone) (Standalone)
Olongapo
Year Local Tourist Shops Souvenir Shops Gift Shops
Markets (Standalone) (Standalone) (Standalone)
2024 1,004,879 318,448 1,302,097 99,331
2025 1,028,594 325,963 1,332,826 101,675
2026 1,052,869 333,656 1,364,281 104,074
2027 1,077,717 341,530 1,396,478 106,530
2028 1,103,151 349,590 1,429,435 109,045
29
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Zambales
Year Local Tourist Shops Souvenir Shops Gift Shops
Markets (Standalone) (Standalone) (Standalone)
2024 2,490,554 789,260 3,227,197 246,187
2025 2,540,863 805,203 3,292,386 251,160
2026 2,592,189 821,468 3,358,893 256,233
2027 2,644,551 838,062 3,426,742 261,409
2028 2,697,971 854,991 3,495,963 266,690
2.3 Demand
Bataan
Year Target Market (88.31%) Demand (43.90%)
30
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Bataan
31
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
32
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Olongapo
Past Demand for the industry
Year M.A Target F.O.A Annual Demand
Population
2019 88.31% 252,676 22 4,307,617
2020 88.31% 258,639 22 4,409,274
2021 88.31% 264,743 22 4,513,333
2022 88.31% 270,991 22 4,619,847
2023 88.31% 277,386 22 4,728,876
Projected Demand for the industry
Year M.A. Target F.O.A Annual Demand
Population
2024 88.31% 283,933 22 4,840,477
2025 88.31% 290,633 22 4,954,713
2026 88.31% 297,492 22 5,071,644
2027 88.31% 304,513 22 5,191,335
2028 88.31% 311,700 22 5,313,850
Past Supply for the industry
Year Percentage of Target F.O.A Annual Supply
Purchases Population
2019 43.90% 252,676 22 2,141,139
2020 43.90% 258,639 22 2,191,669
2021 43.90% 264,743 22 2,243,392
2022 43.90% 270,991 22 2,296,336
2023 43.90% 277,386 22 2,350,529
Projected Supply for the industry
Year Percentage of Target F.O.A Annual supply
Purchases Population
2024 43.90% 283,933 22 2,406,002
2025 43.90% 290,633 22 2,462,784
2026 43.90% 297,492 22 2,520,905
2027 43.90% 304,513 22 2,580,399
2028 43.90% 311,700 22 2,641,296
33
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Zambales
Past Demand for the industry in Zambales
Year M.A Target F.O.A Annual Demand
Population
2019 88.31% 634,724 22
10,820,766
2020 88.31% 22
647,545 11,039,345
2021 88.31% 22
660,626 11,262,340
2022 88.31% 22
673,970 11,489,839
2023 88.31% 22
687,585 11,721,934
Projected Demand for the industry Zambales
Year M.A. Target F.O.A Annual Demand
Population
2024 88.31% 22
703,716 11,996,940
2025 88.31% 22
717,931 12,239,278
2026 88.31% 22
732,433 12,486,512
2027 88.31% 22
747,228 12,738,739
2028 88.31% 22
762,322 12,996,062
Past Supply for the industry Zambales
Year Percentage of Target F.O.A Annual Supply
Purchases Population
2019 43.90% 634,724 22
5,378,557
2020 43.90% 647,545 22
5,487,204
2021 43.90% 660,626 22
5,598,045
2022 43.90% 673,970 22
5,711,126
34
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Bataan
Demand and Supply Gap Analysis
Year Target Market Demand Supply 60.78% Market Available
88.31% 43.90% Gap Market Gap
2024 826,531 362,847 502,366 139,519
123,209
2025 846,781 371,737 514,674 142,937
126,227
2026 867,528 380,845 527,283 146,439
129,320
2027 888,782 390,175 540,202 150,026
132,488
2028 910,557 399,735 553,437 153,702
135,734
Table 43. Demand and Supply Table Bataan
35
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Olongapo
Demand and Supply Gap Analysis
Year Target Market Demand Supply Market Available
88.31% 43.90% 60.78% Gap Market Gap
2024 250,741 110,075 152,400 42,325 37,377
2025 256,658 112,673 155,997 43,324 38,259
2026 262,715 115,332 159,678 44,346 39,162
2027 268,916 118,054 163,447 45,393 40,087
2028 275,262 120,840 167,304 46,464 41,033
Table 44. Demand and Supply Table Olongapo
Zambales
Demand and Supply Gap Analysis
Year Target Market Demand Supply Market Available
88.31% 43.90% 60.78% Gap Market Gap
2024 621,452 272,817 377,718 104,901 92,638
2025 634,005 278,328 385,348 107,020 94,509
2026 646,812 283,950 393,132 109,182 96,418
2027 659,877 289,686 401,073 111,387 98,366
2028 673,207 295,538 409,175 113,637 100,353
Table 45. Demand and Supply Table Olongapo
36
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
2. Environmental Scanning
in Olongapo, Zambales. City Square serves as a bustling retail hub within Olongapo
City, attracting numerous visitors due to its strategic location. This section will delve
into the internal and external factors impacting Himig Hango sa Kawayan's operations.
● Direct Competitors
Olongapo City that offer similar products and services. Here are some of its primary
37
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
1. Tribal Arts and Crafts - Located at Gordon Market and Mall, Gordon Avenue,
2. Jenny’s Wood Products Shop - Located at James L. Gordon, Market Mall Pag-
OlongapoCity.
Olongapo City
City
● Indirect Competitors
from other company in the market that offer slightly different products and services.
City.
5. Mike & Pina Variety & Souvenir Store- Located at New Public Market Ebb.,
Olongapo City.
38
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
The economic and demand-driving factors will contribute to enhancing sales for
Himig Hango sa Kawayan. Here are the establishments that will support our business
growth.
39
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
CHAPTER IV
MANAGERIAL ASPECT
This chapter will show the organizational chart of the employees’ position
within. The business of Himig Hango sa Kawayan. It will also show the job titles and
1. Organizational Chart
40
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
1. Wood Carver - is skilled in carving and shaping wood to create intricate designs,
sculptures, furniture pieces, or decorative items. They use various hand tools and
techniques to carve wood into desired shapes and patterns, often incorporating artistic
Job Qualifications:
• Artistic talent
• Manual dexterity
• Patience
• Attention to detail
41
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Job Qualifications:
• Manual dexterity
• Attention to detail.
• Creativity
• Handing the POS throughout the day and maintaining cleanliness of the store
Job Qualifications
• Communication skills
4. Marketing Staff - Responsible for social media and online store marketing
promotions.
42
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Job Qualifications:
• Creativity
• Communication skills
5. Manager – provide leadership and direction to their team, set goals and objectives,
• Morning briefing
• Assigning tasks
• Supervises staff.
Job Qualifications:
• Leadership skills
• Communication skills
• Problem-solving abilities
management).
43
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
6. Security Guard - ensuring the safety and security of people and property within a
Job Qualifications:
• Physically fit
• Good judgment
44
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
3. Mandatory Benefits
provide to their employees. They aim to safeguard workers' rights, enhance their
covered with three important programs. The Social Security System (SSS)
takes care of retirement, disability, sickness, maternity, and death benefits, with
healthcare coverage, including hospital visits and medical services, for you and
your loved ones. Lastly, the Pag-IBIG Fund helps with housing loans, multi-
purpose loans, and a savings program to help you achieve your financial goals.
• 13th Month Pay, Employers are required to provide employees with a 13th-
45
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
receive sick paid leave. This ensures that both parties can be assured they won’t
• Female employees are granted a maternity leave. The employer covers the
payment for maternity leave, and there are provisions for reimbursement from
to their regular daily wage on regular holidays, except for retail and service
establishments with less than ten regular employees. This means that Himig
Hango sa Kawayan, with only nine staff members, is not required to provide
4. Hiring Procedure
46
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
experience, and personality traits to gauge their suitability for the position.
credibility.
• Extend an official job offer - Offer the selected candidate the position formally,
• Contract signing and start date agreed - Finalize the hiring process by having
the chosen candidate sign the employment contract and agree upon a start date.
47
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
The following figures will show the uniform for the employees of Himig Hango sa
Kawayan which includes the Wood Carver, Craftsmen, Selling and Marketing OPEX.
The polo shirt can be partnered with jeans, trousers, or slacks, which will be shoulder
by the employee.
48
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
CHAPTER V
TECHNICAL ASPECT
The proponents have devised the following plan for delivering services to
customers.
• Ensure the store is ready for business by arranging registers and replenishing
• Discussing sales goals and assigning tasks involves setting targets for sales
shopping experience and can find what they need without delays or
disruptions.
49
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
levels.
• Organize the store and get ready to balance the cash register.
• End of day routine, lock doors, reconcile cash, and review daily performance
with staff.
listen attentively and empathize with the customers' concerns. Ask precise,
clear, and direct questions to get to the root of the problem and to fully
Apologize for any wrongdoings and empathize with them. Assess the
50
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
complaint's severity then quickly assign responsibility. Always make sure set
a realistic resolution timeframe and reiterate this to the customer to keep them
in the loop.
• The next step is to start the investigation of the complaint and to collaborate
accurately so as not to cause any further delay for the customer. Take decisive
and corrective actions to resolve the issue and prevent recurrence in the future.
• Follow up after a decisive corrective plan has been put in place and relay this
back to the customer, make sure the customer is satisfied with the resolution.
• Document all details of the complaint and the resolution process for future
• Himig Hango sa Kawayan makes it a top priority to ensure the safety and
work for their employees while also delivering excellent customer service.
They believe this is crucial for the long-term success of their company.
51
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
locks, and alarm systems, to ensure they're functioning properly. Also, they
pay close attention to areas where accidents might occur, making everyone
aware of these potential future hazards. They also keep track of inventory
and break in alarms throughout the store to quickly alert employees and
and testing of these systems ensures they're always ready to use. They also
prioritize making emergency exits easily accessible with easy open doors, as
stay vigilant and report any suspicious activities promptly. Regular training
monitor inventory movement. Regular audits are used to track sales trends.
minimize the risk of virus transmission within the store. They strictly adhere
52
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
well-being.
assigned staff members. They ensure cleaning supplies and equipment are
• Hand sanitizing stations are placed all throughout the store, including
entrances, checkout counters, and employee break areas. Staff are encouraged
• High-touch surfaces like door handles, shopping baskets, table counters and
2. Marketing Mix
The following are some of the factors to consider as part of a comprehensive plan to
53
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
2.1 Product/Service
and related services to customers in Olongapo City, offering them a unique and
Figure 9. Product
54
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
2.1.2 Brand
The proponents came up with the tagline ‘where artistry meets sustainability’
for bamboo wind chimes highlights the two key qualities of the product. The artistry
which refers to the beauty and craftsmanship of the wind chimes. Bamboo as a natural
material that can be shaped and formed into aesthetically pleasing designs. And
sustainability as the bamboo is a rapidly renewable resource that grows quickly and
environmental impact. So, when you see this tagline, it essentially means that by buying
these wind chimes, you're getting a beautiful product made with an eco-friendly
material. It's a way to add beauty to your surroundings while also making a responsible
55
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
2.1.3 Packaging
2.1.4 Labelling
2.2 Price
Himig Hango sa Kawayan will have a reasonable price for the products that will
be offered to the potential customers. Himig Hango sa Kawayan will assure its
customers that they will receive affordable but high-quality products that will be
56
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
beneficial for them. The pricing of Himig Hango sa Kawayan (Bamboo Wind Chimes)
will also vary based on the customers' preferred size, design, and variants.
As you can see in the table below it shows that 18.5% of respondents are
willing to spend php 400 and above, 46.3% are willing to spend php 300-400, while
18.5% are willing to spend php 200-299 and 16.7% are willing to spend php 200 and
below of the product Bamboo Wind Chimes. The overall cost is calculated based on
the consumer's ability to buy the product. Our Classic Bamboo Wind Chimes will cost
350 pesos and Bamboo Wind Chimes with Dream Catcher will cost 400.
Our product Bamboo Wind Chimes with different variants (colors) with
reasonable price in retail it costs 350 pesos while in bamboo wind chimes with dream
catcher it costs 350 pesos. In whole sales or bulk orders, we give less than 10%. Also,
Himig Hango sa Kawayan is to offer competitive and affordable prices that offer
Kawayan plans to keep prices in line with those who want a high-end, unique design as
57
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
well as those who are on a tight budget. Additionally, it is employed to maximize Himig
target return on investment. While making sure that customers are happy with their
purchases, the business tries to keep costs down in order to optimize profits. The aim is
The pricing methods that we consider in our product Classic Bamboo Wind
Chimes and Bamboo Wind Chimes with Dream Catcher is Cost-Plus Pricing
● As we calculate our total costs: This includes the cost of materials (bamboo,
string, beads, dreamcatchers and many more), labor (time to assemble), and any
● Add a markup percentage: This is our profit margin. The starting point for our
Himig Hango sa Kawayan pricing strategies that we consider for our bamboo
Cost-Plus Pricing as a Baseline it calculates the total costs, this includes the
materials (bamboo, string, beads, dreamcatchers), labor, and overhead (stall rent,
utilities).
58
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
It develops a flexible pricing approach that considers the cost of the bamboo
landscape, and the unique value proposition of the bamboo and dreamcatcher wind
chimes.
2.3 Place
Olongapo City. A convenient spot that can effortlessly draw in customers, particularly
through artisan markets, craft fairs, and online platforms. It collaborates with eco-
59
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
friendly or artisanal boutiques to expand its reach. Both direct sales and retail
partnerships help maintain brand authenticity and appeal. Direct and online marketing
are used for efficient promotion and cost-effective growth. And plans to utilize direct
and online marketing for efficient promotion and sales growth, focusing on both in-
store and online stores, and leveraging digital platforms for new market engagement.
2.4 Promotion
Himig Hang sa Kawayan can effectively capture the attention of visitors and
travelers, promoting not only the beautiful bamboo wind chimes but also the artistry
60
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
These are the overall activities that were done within the first day of launching the
first ever Gordon College Hospitality and Tourism Expo which has the theme of
“Where Hospitality and Tourism Meets Horizons: Unveiling the Future of Hospitality
● Rendition of the National Anthem. Olongapo City Hymn and the Gordon College
Hymn. Afterwards, the program was declared by ribbon cutting and the entrance of
● Opening Remarks were heard from the Dean of the Tourism College Department,
Kawayan aims to imprint its brand in the minds of the audience, ensuring a lasting
vendors, fostering trust and collaboration that will drive sustained progress and
mutual success.
● Marketing Strategies. Our strategic marketing aims to excel in the market and
61
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Promotional
Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
Activities
Three Three Three Three Three Three Three Three Three Three Three Three
Content
Times Times Times Times Times Times Times Times Times Times Times Times
Posting a week a week a week a week a week a week a week a week a week a week a week a week
Flyers 1-14
Brochure 8-28
Free 19-
Shipping 21
13-
Standee 1-28
27
62
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
● Social Media
Utilizing social media platforms like Facebook, Instagram, Twitter, and Tiktok
allows our business to reach a wide audience, engage with potential customers, and
build brand awareness. By posting content regularly, interacting with followers, and
running targeted advertising campaigns, our business can showcase our products, share
63
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Brochures and fliers serve as effective tools for educating customers about the
product’s features, benefits, and unique selling points, helping to drive interest and
64
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
65
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
66
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
67
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
The following figures that are shown below are the prototype of Himig Hango
sa Kawayan stall. These figures show the view of how Himig Hango sa Kawayan stall
Figure 24. Front View Perspective Figure 25. Isometric View Perspective
Figure 26. Right Size Perspective Figure 27. Top View Perspective
68
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Furniture and
Unit Total Useful
Fixture- Quantity Unit Depreciation
Cost Cost Life/Years
Operation
L Shaped Table 1 pc 2200 2200 5 440.00
3 styled wooden
1 pc 3500 3500 5 700.00
cabinet
wooden chair 8 pc 270 2160 5 432.00
table selling area 1 pc 1,500 1500 5 300.00
shelves selling
1 pc 3,500 3500 5 700.00
area
white board 2 pc 518 1036 5 207.20
Total 13,896 1207.20
Table 51. Bill of Materials
69
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
2.6 Process
Looking for beautiful bamboo wind chimes, look no further than Himig
Hango sa Kawayan. We offer both classic bamboo wind chimes and bamboo wind
chimes with dreamcatcher, that are available for delivery within and outside Olongapo
City. Our efficient production process ensures we can fulfill even large orders promptly.
Additionally, our packaging is eco-friendly and keeps your chimes safe. We take orders
through online channels for your convenience. Our social media keeps you updated on
new products and answers any questions you have through private messages. You'll
find all the information you need about Himig Hango sa Kawayan on our social media
70
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
CHAPTER VI
FINANCIAL ASPECT
This table illustrates the initial costs incurred before the business begins
operating, including expenses for acquiring assets, first-year operational costs, and
expenses for the inaugural month of operation. The cash reserve is designated for both
B.Working Capital
Raw Materials 15,899.93
Direct Labor 55,120.00
Office Supplies Expense 4,325.00
Packaging and Labelling Expense 21,564.40
Maintenance Supplies Expense 460.00
Freight In 50.00
Rent Expense 10,000.00
Safety and Security Supplies Expense 2,543.00
Miscellaneous Expense 3,424.00
Salaries and Wages 71,760.00 185,146.33
C.Pre-Operating Expenses
Permit and Licenses 9,630.00
Promotional Expense 29,460.00 39,090.00
71
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
2. Source of Financing
3. General Assumptions
Sales
Expenses
§ Freight in, Power consumption, Office Supplies, Safety and Security Supplies
annually by 2%.
72
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
§ The employee will receive benefits and incentives based on the table and rates
§ Licenses and permits will be constant for 5 years, except for DTI registration,
which will only be paid in the first year, and SEC registration, which will be paid
§ Miscellaneous will be constant for 5 years except on the first year of operation.
Director Labor
TOTAL 55,120.00
73
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Craftsman 1
585.00 620.10 200.00 1,405.10
Craftsman 2
585.00 620.10 200.00 1,405.10
Craftsman 3
585.00 620.10 200.00 1,405.10
Wood Carver
425.50 620.10 200.00 1,245.60
Marketing Officer
585.00 702.00 200.00 1,487.00
74
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Manager
585.00 585.00 200.00 1,370.00
Security Guard
585.00 585.00 200.00 1,370.00
Selling Officer 1
585.00 561.60 200.00 1,346.60
Selling Officer 2
585.00 561.60 200.00 1,346.60
5. Cost of Investments
B.Working Capital
Raw Materials 15,899.93
Direct Labor 55,120.00
Office Supplies Expense 4,325.00
Packaging and Labelling Expense 21,564.40
Maintenance Supplies Expense 460.00
Freight In 50.00
Rent Expense 10,000.00
Safety and Security Supplies Expense 2,543.00
Miscellaneous Expense 3,424.00
Salaries and Wages 71,760.00 185,146.33
C.Pre-Operating Expenses
Permit and Licenses 9,630.00
Promotional Expense 29,460.00 39,090.00
75
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
6. Forecasted Sales
Forecasted Sales
Price Demand/Yearly 2024
Classic Bamboo Wind Chimes-A 350.00 1560 546,000.00
Classic Bamboo Wind Chimes-B 350.00 1872 655,200.00
Dream Catcher with bamboo chimes 400.00 3432 1,372,800.00
Total 6864 2,574,000.00
76
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
77
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
8. Depreciation Expenses
Useful
Tools and Equipment Quantity Unit Unit Cost Total Cost Depreciation
Life/Years
Drilling Machine 4 pc 1208 4,832 5 966.40
Hand Saw Wood 6 pc 125 750 5 150.00
Paint Brush 20 pc 60 1,200 1 1200.00
Total 6,782 2316.40
Table 61. Depreciation Expenses
Cost of Sales
Beginning Inventory - 32,562.21 36,534.80 40,992.05 45,993.08
Purchases 209,879.06 235,484.30 264,213.39 296,447.42 312,593.34
Ending Inventory (32,562.21) (36,534.80) (40,992.05) (45,993.08) (51,604.24)
Raw Material Used 177,316.84 231,511.71 259,756.14 291,446.39 306,982.19
Direct Labor 528,000.00 528,000.00 528,000.00 538,560.00 549,331.20
Benefits and Incentives-Production 59,526.00 59,526.00 59,526.00 60,716.52 61,930.85
Factory Overhead 147,394.46 147,879.52 148,374.29 148,878.95 148,842.95
Freight In 600.00 612.00 624.24 636.72 649.46
Total Cost of Good Sold 912,837.30 967,529.23 996,280.67 1,040,238.59 1,067,736.65
78
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
79
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
80
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
81
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
82
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Return on Equity
Return on Assets
Gross Margin
83
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Profit Margin
Net Profit Margin
Net Income
Sales Year Net Income Sales Ratio
2024 102,658.72 2,574,000.00 0.04
2025 254,957.34 2,888,028.00 0.09
2026 222,536.62 3,240,367.42 0.07
2027 411,399.48 3,240,367.42 0.13
2028 622,624.94 3,635,692.24 0.17
Payback Period
Payback Period
Net Cash Flow Capital Balance
Net Investment 2025 107,839.69 257,160.05 149,320.36 1 year
Average Cash Flow 2026 305,274.56 5.870 5 months
2027 235,550.99 23 23 days
2028 475,896.44
2029 694,334.43
Total Inflows 1,818,896.11
Divide 5
363779.2215
84
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
APPENDICES
85
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Survey Letter
Dear Respondents,
Good day!
We, the 3rd Year students at Gordon College taking Bachelor of Science in Tourism
for the courses Tourism Product Development and Tourism and Hospitality Marketing.
In line with this, may we request you to participate in this survey. Please be informed
that all information will be treated with utmost confidentiality, will be recorded
Sincerely yours,
Muli, Katherine
86
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
In accordance with the Data Privacy Act of 2012 and its implementing rules and
regulations, you consent to the collection and processing of any personal information
for the purposes of this survey only, and gathered information will be handled with
utmost confidentiality.
RA1073, Data Privacy Act of 2012, and hereby allow the above-mentioned students to
87
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Survey Tally
88
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
89
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
90
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
91
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Figure 41: Factor most likely Respondents influence when buying souvenirs
92
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Figure 43: Respondents’ Interest in buying souvenir such as Bamboo Wind Chimes
93
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Figure 45: How many Hanging Decoration Respondents have in their Home
94
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
CURRICULUM VITAE
95
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Age: 20
Nationality:Filipino
EDUCATIONAL BACKGROUND:
96
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
KATHERINE G. MULI
Age: 21
Nationality: Filipino
EDUCATIONAL BACKGROUND:
97
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
PRECIOUS NEFERTINI S.
ESTEBAYA
Age: 21
Emirates
Nationality: Filipino
EDUCATIONAL BACKGROUND:
98
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Age: 22
Nationality: Filipino
EDUCATIONAL BACKGROUND:
99
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
CHESKA P. VERTUCIO
Age: 20
Nationality: Filipino
EDUCATIONAL BACKGROUND:
AY: 2018-2021
100
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
Nationality: Filipino
EDUCATIONAL BACKGROUND:
101
Republic of the Philippines
City of Olongapo
GORDON COLLEGE
COLLEGE OF HOSPITALITY AND TOURISM MANAGEMENT
Olongapo City Sports Complex, Donor St., East Tapinac, Olongapo City 2200
Telefax No.: (047) 602-7175 loc 318
www.gordoncollege.edu.ph
References
Age and sex distribution in the Philippine population (2020 census of population and
sex-distribution-philippine-population-2020-census-population-and-housing
The Labor Code of the Philippines Renumbered DOLE Edition (2017). Department of
Mali, S. (2024, February 28). Wind Chime Market. Cognitive Market Research.
https://www.cognitivemarketresearch.com/wind-chime-market-report
Shaw, N. (2024, January 13). Wind chime market size is USD 5.2 billion in 2023 and will
https://www.linkedin.com/pulse/wind-chime-market-size-usd-52-billion-2023-
aebmf
102