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Food and Beverage Manufacturing Industry Executive Summary The fare and beverage manufacturing patience is grounded on stable demand because of highschool population development rate and consistently higher family income assignation for food and beverage. In addition, there are emerging overseas markets, including China, which patroned decrease in trade deficit, from US$ 886 cardinal in 2002 to US$596 million in 2003. The vast resources of the Philippines make it a viable maker of food products. With suitable climate, fertile soil, and ample labor, the country has a competitive advantage as a raw materials producer. The manufactures Gross Value Added (GVA) has increase by 7% in 2003 or P110.75 billion pesos in constant 1985 prices. fiscal ratios of industry players, such as liquidity, leverage, profitability, and exertion are expense looking at. The ratios were relatively good and ply for definitely help the players maintain stability in the medium-run. The unsucce ssful person predictor locution (Altman Z score) showed that less than 20 turn up of the 214 samples commence chances of confront downfall. There are a derive of issues that are pivotal to the industry. The increasing prices of petroleum in the Dubai and brant goose markets have greatly affected the mode of production. Prices of final products have increased, as well.

The WTO s move towards complete trade repose is something to watch out. virtually are worried that abolition of tariffs and another(prenominal) trade duties will allow uncontrollable entry of overseas goods into the country and at last eating up the topical anesthetic industries market! share, or establish down prices of local goods. On the other hand, exporters see it as their slating to easily grave new markets. International opportunities are forgone because of slimy quality control, as a result of lack of technology. precisely a a few(prenominal) of the hundreds of Filipino companies have the competence of handout through planetary standards of quality, most notable of which is the Hazard psychoanalysis Critical...If you want to get a full essay, order it on our website: BestEssayCheap.com

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