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ad·ven·ture adˈvenCHər,əd-/ noun 1 .

ven·ture ˈvenCHər/ noun 1 . a risky or daring journey or undertaking. ad·ven·ture adˈvenCHər,əd-/ noun 1 . an unusual and exciting, typically hazardous, experience or activity. V. entures. and. A. dventures :. A Walkthrough in Gaming and Business Survival. PLAY. PLAYERS.

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ad·ven·ture adˈvenCHər,əd-/ noun 1 .

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  1. ven·ture ˈvenCHər/ noun 1. a risky or daring journey or undertaking. ad·ven·ture adˈvenCHər,əd-/ noun 1. an unusual and exciting, typically hazardous, experience or activity.

  2. V entures and A dventures: A Walkthrough in Gaming and Business Survival PLAY

  3. PLAYERS COMFOODS LVL 50 NEW PLAYER START GAME

  4. COMMONWEALTH FOODS INC. • Formed by the conglomeration of three pioneering food-manufacturing companies, which were merged on September 30, 1968. • Filipinas Biscuit Corporation • Philippine Food Industries • Commonwealth Foods, Inc.

  5. The Cofi Division (Roasted and Instant Coffee products) • Organized in January 21, 1951 and commenced production of roasted ground coffee in 1952 in its own plant in Makati, Rizal. • Put up the first instant and soluble coffee manufacturing plant in the country and in Asia in 1956.

  6. The Philfood Division (Cocoa and Chocolate products) • Began operations in October 1956. • First entity in the Philippines to venture into cocoa and chocolate processing from its plant located at EDSA, Mandaluyong City • Umbrella brand name “RICOA” • Exporting Cocoa butter since 1956 to major users in US and Europe.

  7. The Fibisco Division (Biscuit products) • Organized in January 23, 1959 and commenced production in 1960. • Popularly known for its “English Quality Biscuits” • Most of the items are household names for both young and old.

  8. LETRAN_SME PLAYERS COMFOODS LVL 50 NEW PLAYER START GAME

  9. 1. Know yourself. • SWOT diagram provides a good overall view of your business in a visual and concise manner. • Efficient use of resources and improvement in operations. • Discovery of opportunities and management of possible risks. • Competitive positioning. 2013 SWOT analysis for Apple, Nishadha Silva

  10. PLAYERS COMFOODS LVL 50 LETRAN_SME LVL 01 START GAME

  11. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  12. 2. Keep your eyes on the prize. • Vision – a clear comprehensive “photograph” of an organization at some point in the future. It provides direction because it describes what the organization needs to be like, to be successful within the future. • Mission– A higher calling or meaning, a reason for being. Often this is the reason the company was first created – to fill a need in the marketplace or society • Goals– expected or desired outcomes of a planning process. • Objectives – precise targets that are necessary to achieve goals.

  13. Commonwealth Foods Inc. Vision and Mission Statements VISION To be one of the best food manufacturers in our country. MISSION To serve the Filipino people by providing them with products of excellence and making these available nationwide To continue to improve current products and develop new ones to meet the ever changing needs and wants of our consumers. To contribute to the growth and progress of the country by providing more and more opportunities for employment

  14. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  15. 3. Guarantee satisfaction. • Give customers value for their money • Listen to your customers • Encourage repurchases and product loyalty. • Could be a point of differentiation among competitors. • Reduces negative word of mouth. • It is cheaper (by six to seven times) to retain existing customers than acquiring new ones.

  16. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  17. 4. Mind your cash. • Knowing when, where, and how your cash needs will occur • Knowing the best sources for meeting additional cash needs • Being prepared to meet these needs when they occur, by keeping good relationships with bankers and creditors. • Collect receivables • Increase CASH sales • Manage your payables • Invest spare cash

  18. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  19. 5. Monitor your vital signs. • Profit Ratios measure the efficiency with which the company uses its resources. • Liquidity Ratios measure of its ability to meet short-term obligations. • Activity Ratios indicate how effectively a company is managing its assets. • Leverage Ratios • Shareholder-Return Ratios - Get the Complete Financial Picture - Compare Apples to Apples - Evaluate the Trend

  20. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  21. 6. Buff up and learn new tricks. • Strengthen internal systems • Build your brand • Be creative - Consistency vs. Innovativeness

  22. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  23. 7. Travel light. • Get tough on credit. • Don’t over stock on inventory. • Maintain a “lean and mean” organization. • Cut non-performing lines.

  24. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS ! quit CHAT

  25. 8. Play hard, play smart. • Direct assault and/or Steadfast defense • Hibernate skill • Fight-Flight strategy • Business Continuity encompasses a defined set of planning, preparatory and related activities which are intended to ensure that an organization's critical business functions will either continue to operate despite serious incidents or disasters that might otherwise have interrupted them, or will be recovered to an operational state within a reasonably short period. • Resilience “…materially unaffected by most disruptions” • Recovery “arrangements made to recover or restore” • Contingency “capability and readiness to cope effectively”

  26. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  27. 9. Follow the rules. Government can affect businesses through: • Taxation • Regulation • Setting the Economic Atmosphere Agencies you ought to know • LGUs – Permits, Local taxes • DTI/SEC/CDA – Registration • BIR – Taxes, Penalties and Surcharges • SSS, Pag-IBIG, PhilHealth, DOLE – Employee benefits and welfare • Special permits from: • DOT– Travel Agencies, Hospitality Businesses, etc. • LTFRB/LTO – Land-based Transportation businesses like taxis and jeepneys. • DOH-BFAD—Pharmacies, Food Supplements, etc • DepEd, CHED, TESDA – Schools, training centers, etc. • BSP – Pawnshop, Bank, Foreign Exchange.

  28. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  29. 10. Identify friends and foes. • Seek out strategic alliances: • Suppliers, distribution chain, customers, government or other business entities. • Keep an eye on your competitors

  30. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  31. 11. Be responsible. “Sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs“ - The United Nations World Commission on Environment and Development (WCED) • Eco-efficiency • Socio-efficiency

  32. 600,855 • QUESTS • Protect village from stray monsters. • Return Ruby Moon to the Witch Master RULES SETTINGS quit CHAT

  33. 12. Try…and try...again. “Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time” “Many of life's failures are people who did not realize how close they were to success when they gave up.” “I have not failed. I've just found 10,000 ways that won't work” • Thomas A. Edison, Inventor and Businessman

  34. V entures and A dventures: A Walkthrough in Gaming and Business Survival RECAP

  35. A dozen tips on business survival:

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