Essay About Business Administrationfinal Requirement And Abaca Production

Best Practices of Dti-Shared Service Facilities CooperatorsCor Jesu College                        Sacred Heart Avenue                Digos City[pic 1]GRADUATE SCHOOLMASTER IN BUSINESS ADMINISTRATIONFinal Requirement in BUSINESS RESEARCHSuccess Stories of DTI -Share of Shared Service Facilities (SSF) Cooperators in Davao del SurSubmitted by:LARRAINE JOY GLORIACLARENCE PARONEROGINE SAMBILADSubmitted to:RANDY TUDY, PhDFebruary 2018INTRODUCTION        Micro, small and medium enterprises (MSMEs) are seen as crucial for a country because of its significant contribution to job generation, innovation, social stability and aggregate productivity growth and economic development. One way of the Philippine government in giving support to these enterprises is the development and introduction of “Shared Service Facilities (SSF)”.  This project was developed to help small businesses to compete with larger enterprises by possessing technological competence to give additional value to products and processes (Ritter & Gemunden, 2004). This project aims to help micro and small enterprises, as well as small farmers and fishers, improve their productivity. It involves funding for acquisition of specialized equipment or facilities to upgrade the business activities of MSMEs like abaca production, processing of bamboo, banana chips, coffee and bangus, food packaging, vegetable flour production, muscovado production, mushroom drying, soap making, pottery, indigenous crafts and loom-making (Briones, 2016).The Department of Trade and Industry is tasked to implement this project and has successfully established a total of 2,186 SSF’s with 215,000 beneficiaries and generate more than 111,700 jobs nationwide (DTI, 2017).         Project partners also known as co-operators is very crucial since the private sector partner will identify and provide the sustainable facilities with which to house the machinery and equipment. The co-operator must have a minimum of 3 years operations with valid registration from the CDA or any other agency authorized to grant legal personality to a business or organizational entity. NGOs, POs, cooperatives, business or industry associations, local government units, state universities and colleges and other similar government or academic institutions can be co-operator (Briones, 2016). In the preliminary assessment of the Shared Service Facilities, SME cooperator gives the impression that the SSF was satisfactorily and successfully implemented (Medalla, del Prado, Mantaring, & Maddawin, 2016).

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