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Food and Beverage Manufacturing Industry Executive Summary The aliment and beverage manufacturing patience is grounded on stable demand because of high population development rate and consistently higher family income allotment for food and beverage. In addition, there are emerging exotic 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 profuse 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 bodily process are expense looking at. The ratios were relatively good and go forth for definitely help the players maintain stability in the medium-run. The loser predictor locution (Altman Z score) showed that less than 20 come out of the 214 samples gestate chances of confront downfall. There are a come in of issues that are pivotal to the industry. The increasing prices of petroleum in the Dubai and brent goose markets have greatly affected the mode of production. Prices of final products have increased, as well.

The WTO s move towards complete trade liberalisation is something to watch out. virtually are worried that abolition of tariffs and other(a) trade duties will allow uncontrollable entry of foreign goods into the country and at last eating up the loc al anaesthetic industries market share, or ! consider down prices of local goods. On the other hand, exporters see it as their slating to easily autograph new markets. International opportunities are forgone because of slimy quality control, as a result of lack of technology. precisely a a couple of(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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