Feasibility Study of MaSACCA Inc Organic Fertilizer Business

LYCEUM OF THE PHILIPPINES UNIVERSITY CAVITE
MaSACCA INC.
A Feasibility Study Presented to
The Faculty, College of Business Administration
Lyceum of the Philippines University – Cavite Campus
In Partial Fulfilment of the Requirements of the degree
Bachelor of Science in Business Administration Major in Management
Accounting
By
Agana, Angelika Saira M.
Bagos, Cherry Vale V.
Barrantes, Antonia H.
Geda, Chester E.
Labitag, Ma.Angelica Micah S..
Oyardo, Anna Liza C.
December 2018
COLLEGE OF BUSINESS ADMINISTRATION i

COLLEGE OF BUSINESS ADMINISTRATION i

APPROVAL SHEET
This Feasibility Study entitled MaSACCA INC. prepared and submitted by

Angelica Saira Agana, Cherry Vale Bagos, Barrantes Antonia, Chester Geda, Ma.
Angelica Labitag and Anna Liza Oyardo has been reviewed and hereby recommended for
approval, in partial fulfilment of the requirements for the degree of Bachelor of Science
in Business Administration Major in Management Accounting
Mr. Luis Llarena III, CPA, MBA

Adviser
Accepted and approved by the panel of examiners following a successful Oral
Defense on December 2018 with a grade of ___________.
Board of Panelists
___________________________ ___________________________
Azelle Charese Tayson, MBA Rexieden Barrera, MBA
________________________________
Mr. Reynaldo San Mateo, CPA, MBA
Accepted and approved in partial fulfillment of the requirements for the degree of
Bachelor of Science in Business Administration Major in Management Accounting.
________________________________
Mr. Reynaldo San Mateo
Dean, College of Business Administration
________________________________
Mr. Ramon C. Maniago, PhD
Executive Dean
COLLEGE OF BUSINESS ADMINISTRATION ii

ACKNOWLEDGEMENT
The Proponents are indebted to so people who have suggested and shared their
ideas to the conceptualization of this research.
The feasibility study has been made possible by the guidance, supervision,
cooperation and participation of the following:
To the Almighty God who always look up and secure the safety of the proponents
in doing this project.
To their parents for the financial assistance and who always guide and give words
of wisdom to inspire them in doing our best in preparing the feasibility study.
To their beloved Professors Luis Llarena, Arzell Aterrado, Mrs. Melita Soriano,
Mrs. Aicelle Marie Tayson, Rexieden Barrera, and our college Dean Mr. Reynaldo San
Mateo who have shared their knowledge with patience and diligence in helping them
meet the necessary works for the completion of our feasibility study.
Sincerest gratitude is extended also to their respondents, the Laguna, Cavite and
Batangas residents, and most especially to Ms. Lovely Gaza for the time they spent in the
interview and monotorious efforts.
Together, they sincerely acknowledged and give thanks to the persons mentioned
above who have bought the success of doing this feasibility study.
They are very grateful for this wonderful accomplishment.
COLLEGE OF BUSINESS ADMINISTRATION iii

CERTIFICATE OF ORIGINALITY
This is to certify that the research manuscript entitled:
MaSACCA INC.
is our own work and to the best of our knowledge, it contains no materials
previously published or written by another person, nor material which to a substantial
extent has been accepted for the award of any degree or diploma of a university or any
other education institution, except where due acknowledgement is made in the study.
We also declare that the intellectual content of this study is the product of our
own work, except to the extent that assistance from others in the project’s design and
conception or in style, presentation and linguistic is acknowledged.
Angelika Saira M. Agana ___ Cherry Vale V. Bagos______

Proponent’s Signature over Printed Name Proponent’s Signature over Printed Name
Antonia H. Barrantes___ __Chester E.Geda____

Ma. Angelica Micah S. Labitag ___Anna Liza C. Oyardp_____

Approved by:
Mr. Luis Llarena III_________ Date signed: _____________

Adviser’s Signature over Printed Name (mm/dd/yyyy)
COLLEGE OF BUSINESS ADMINISTRATION iv

COLLEGE OF BUSINESS ADMINISTRATION iv

Certificate of English Critic
This is to certify that the research manuscript entitled:
MaSACCA Inc.
Submitted by:
ANGELIKA SAIRA M. AGANA CHERRY VALE V. BAGOS
Proponent’s Signature Over Printed Name Proponent’s Signature Over Printed Name
ANTONIA H. BARRANTES CHESTER E. GEDA
MA. ANGELICA MICAH S. LABITAG ANNA LIZA C. OYARDO____
For the degree Bachelor of Science in Business Administration Major in Management
Accounting under the College of Business Administration has been read and found it
through and acceptance with respect to grammar and composition by the undersigned
English critic.
Date signed:
English Critic’s Signature Over Printed Name (mm/dd/yy)
COLLEGE OF BUSINESS ADMINISTRATION v

COLLEGE OF BUSINESS ADMINISTRATION vi

EXECUTIVE SUMMARY
Our Mission
MaSACCA Incorporation is dedicated in providing the highest quality of products
in the agriculture industry as well as meeting the demands of the clients, while providing
a valuable atmosphere to the employees who contributes to an effective and efficient
production.
The Company and Management
MaSACCA Incorporation is incorporated and based in the city of General Trias,
Cavite. The management is headed by a general manager who has a strong sense of
leadership, possesses essential skills and ability to work and communicate effectively.
Officers who participate in directing and coordinating all divisional department activities
to develop and implement long-range goals and objectives to meet business profitability
growth objectives.
Our Product
MaSACCA Incorporation’s organic fertilizer with a tag “A Healthier Soil for a
Happier Soul” is made from a substantial decomposition of raw materials chicken
manure, grass clippings, and food wastes. The product provide the nutrients to the soil
and contains a variety for basic nutrients that plants require for healthy growth. The

product is effective at increasing the nutrient of the soil, helping to control erosion, run-
off and help increase he intake of naturally occurring materials in the soil.
Our Competitive Advantage
While there are a number of competitors in the market, the Monsanto and
Plantmate for example, MaSACA Incorporation offers unique product to lift up its
competitive skills. The government offers or distributes organic fertilizer in the form of
chicken manure for free, in short, they considered as one of our competitors. But the
interesting side is that MaSACCA’s organic fertilizer composed of three different raw
materials that slowly releases soil amendments and contains the NPK, vitamins and other
needed nutrients offered at an affordable and reasonable price. Furthermore, based on
survey it has an acceptability rate of 81% in Cavite, 70% in Batangas and 89% in Laguna.
Financial Projections
Based on the size of the market and the defined market area,the sales projection
for the first year is 23,498,984.00. The projected average growth rate is -2.93%.
Start - up Financing Requirement
MaSACCA Inc. will require a total capital of 30,000,000.00 to fund the capital
requirement and working capital.

TABLE OF CONTENTS
TITLE PAGE i
APPROVAL SHEET ii
ACKNOWLEDGEMENT iii
CERTIFICATE OF ORIGINALITY iv
CERTIFICATE OF ENGLISH CRITIC v
EXECUTIVE SUMMARY vi
TABLE OF CONTENTS vii
Chapter I: Legal and Taxation Aspects 1
1.1 Registration with Government Agencies 1
1.1.1 Securities and Exchange Commission (SEC)
1.1.2 Barangay Clearance
1.1.3. Mayor’s Permit
1.1.3.1 Business Permit
1.1.3.2 Sanitary Permit
1.1.4. Bureau of Internal Revenue (BIR)
1.1.5 SSS, PhilHealth and PAG-IBIG Fund Registration
1.1.5.1 Social Security System (SSS) Registration
1.1.5.2 PhilHealth Registration
1.1.5.3 PAG-IBIG (Home Development Mutual Fund) Registration
1.1.6 Department of Labor And Employment Registration

1.1.7 Department of Environment and Natural Resources Registration
1.1.8 Food and Drugs Administrative
1.2 Taxation Aspect 9
1.2.1 Corporate Aspect
1.2.2 Minimum Corporate Income Tax
1.2.3 Expanded Witholding Tax
1.2.4 Documentary Stamp Tax
1.2.5 Community Tax Certificate
1.2.6 Value Added Tax
1.2.7 Real Property Tax
1.2.8 Annual Registration
ARTICLES OF INCORPORATION 12
BY-LAWS 19
Chapter II: Management Aspect 38
2.1 Business Profile 39
2.1.1 Business Name
2.1.2 Company Tagline
2.1.3 Company logo
2.1.4 Product Logo
2.1.5 Type of Business Organization
2.1.6 The Incorporators
2.1.7 Management Style

2.1.8 Vision Statement
2.1.9 Mission Statement
2.1.10 Corporate Core Values
2.1.11 Corporation Goals and Objectives
2.2 Organizational Structure 45
2.2.1 Organizational Chart
2.3 Job Description and Qualification 46
2.4 Business Policy/Regulations 59
2.4.1 Hiring Policy
2.4.2 Training Policy
2.4.3 Performance Evaluation Policy
2.4.4 Work Schedule Policy
2.4.5 Promotion Policy
2.4.6 Outsourcing Policy
2.4.6.1 Contract and Confidentially Agreements
2.4.7 Attendance policy
2.4.7.1 Leave of Absence
2.4.8 Salaries and Wages
2.4.8.1 Benefits
2.4.9 Drug and Alcohol Policy
2.4.10 Smoking Policy
2.4.11 Telephone and Computer used Policy

2.4.12 Dress Code Policy
2.4.13 Performance
2.4.14 Personal Misconduct
2.4.15 Termination/Resignation
2.5 Offenses and Violations 85
2.5.1 Attendance
2.5.2 Uniform
2.5.3 Violation of Work Standards
2.5.4 Criminal offense
2.5.5 Disciplinary Actions
2.6 Projected Salary 90
2.6.1 Projected Salary for Year 1
2.7 Strategic Plan 95
2.7.1 Strategic Plan for 2019

Chapter III: Technical Aspect 93
3.1 Business Location 93
3.1.1 Brief History of General Mariano Alvarez
3.1.2 Quick Facts
3.1.3 Geography
3.1.4 Vicinity Map
3.1.5 Floor Plan
3.1.6 Building Plan
3.2 Product Description 105
3.2.1 Bottle Dimension
3.2.2 Label
3.3 Service Capacity 107
3.4 Business Process 110
3.5 Gantt Chart 112
Chapter IV: Marketing Aspect 113
4.1 Business Description 113
4.2 Industry Profile and Analysis 113
4.3 Study of Demand and Supply 114
4.3.1 Demand Analysis
4.3.2. Supply Analysis
4.3.3 Market Share

4.4 Marketing Plan 128
4.4.1 Market Analysis
4.5 Positioning 131
4.6 Marketing Mix 131
4.6.1 Price
4.6.2 Product
4.6.3 Placement
4.6.4 Promotion
Chapter V: Socio-Economic Aspect 135
5.1 Economic Conditions 135
5.1.1 Philippine Economic Condition
5.2 Social Desirability 137
5.2.1 Personnel and Staff
5.2.2 Community
5.2.3 Skills Development
5.2.4 Supplier
5.2.5 Environmental Accountability
5.3 SWOT Analysis 141
5.3.1 Strength
5.3.2 Weaknesses
5.3.3 Opportunities

5.3.4 Threats
Chapter VI: Financial Aspect 144
6.1 Introduction 144
6.1.1 Five Years Projection
6.2 Statement of Financial Assumptions 145
6.3 Financial Statements 146
6.3.1 Capital Requirement
6.3.2 Statement of Financial Performance (Income Statement)
6.3.3 Statement of Financial Position (Balance Sheet)
6.3.4.1 Projected Statement of Cash Flow – Direct Method
6.3.4.1 Projected Statement of Cash Flow – Indirect Method
6.3.5 Statement of Shareholders’ Equity
6.4 Notes to Financial Statement 152
6.5 Schedules 157
6.6 Horizontal and Vertical Analysis 174
6.6.1 Horizontal Analysis - Income Statement
6.6.2 Vertical Analysis – Income Statement
6.6.3 Horizontal Analysis – Balance Sheet
6.6.4 Vertical Analysis – Balance Sheet
Appendices

LEGAL AND TAXATION
ASPECT
CENTER FOR CAREER SERVICES AND INDUSTRY RELATIONS

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Chapter 1
LEGAL AND TAXATION ASPECT
A business to be set up must have compliance to every legal requirements mandated
by the corresponding government agencies. It allows the business to avoid legal issues
regarding the business structure in the future.
1.1 Registration with the government agency:
1.1.1 Securities and Exchange Commission
The Securities and Exchange Commission is the government agency that is
responsible for securities laws and regulating the securities industry in the Philippines.
The commission has the jurisdiction and supervision over all corporations, partnerships
or association who are grantees of primary franchises and or a license or permit by the
Government.
Procedures:
 Check if desired business name is available via SEC Office in Mandaluyong or
SEC Online Website.
 If available, register via SEC Verification Unit- SEC Office in Mandaluyong or
SEC Online Registration.

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 Prepare, sign, and notarize the following:
o Articles of Incorporation
o By Laws
o Treasurer’s Affidavit certifying the increase of capital stock, the amount
subscribed and the amount received as payment.
o Joint Affidavit of two incorporators undertaking to change corporate name
immediately upon receipt of notice or directive from SEC that another
corporation, partnership or person has acquired a prior right to the use of
that name or that name has been declared misleading, deceptive,
confusingly similar to a registered name , or contrary to public morals,
good customs or public policy.
o Submit notarized documents to SEC office in Mandaluyong
o Claim SEC Certificate of Registration.
Processing time:At least one (1) week upon submission of complete
documents.
1.1.2 Baranggay Clearance
Once the corporation is registered with SEC the next step is to get the barangay
clearance in the barangay where the business is located .
Basic steps are as follows:

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 Proceed to the barangay where business is located to secure and fill up
application form.
 Submit completed application form together with following:
o Certificate of Business Registration from SEC
o Two (2) valid IDS
o Proof of address such as contract of lease (if rented) or certificate of
Land Title.
Processing Time:1 day upon submission of complete documents.
1.1.3 Mayor’s Permit
Once the business have a Barangay Clearance Certificate , the next step is to acquire
a Business permit in the municipality where the business is located:
1.1.3.1 Business Permit
 Proceed to the municipal office where the business is located.
 Submit completed application form together with following:
o Barangay Clearance Certificate
o Two (2) valid IDS
o Proof of address such as contract of lease (if rented) or certificate of Land
Title.
Processing Time:At least one week upon submission of complete documents.

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1.1.3.2 Sanitary Permit
The following are the steps in securing a sanitary permit:
 Go to the Sanitation Inspector
 Proceed to city health officer
 Bring the application form for business permit, Laboratory and X-ray result
and the medical certificate.
1.1.4 Bureau of Internal Revenue (BIR)
Registering with the BIR will give an authorization to print official receipts,
register books of accounts and obtain a separate Tax Identification Number for
corporation. BIR registration fee is 500 pesos annually. The BIR certificate of registration
shows your trade name, Tax Identification Number (TIN), line of business, and taxes that
you must file or remit to the BIR (e.g., annual registration fee, annual and quarterly
income tax, withholding taxes, monthly and quarterly Value Added Tax or monthly
Percentage Tax, etc.,).
Basic steps and requirements after having a Mayor’s Business Permit:
 Proceed to the Regional District Office where the business is located.
 Fill up registration form as follows:
o BIR Form 1903-Application for Registration(For Partnership/Corporation)
 Submit completed registration together with the following:
o Barangay Clearance

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o Business Permit from Mayor’s Permit
o Two (2) valid IDS
o Proof of address such as contract of lease (if rented) or certificate of Land
Title.
o Pay the registration Form and Documentary Stamp Tax if applicable;
o Register your book of accounts and receipts/invoices.
o Claim your Certificate of Registration.
1.1.5 SSS, PhilHealth and PAG-IBIG Fund Registration
1.1.5.1 Social Security System (SSS) Registration
Requirements:
o SSS Forms R-1 (Employer Registration)
o R-1A (Employment Report) signed by its President or any of the corporate
officers
o A photocopy of the Articles of Incorporation
1.1.5.2 PhilHealth Registration
Requirements:
o Employer Data Record ER 1 Form (duplicate)
o Philhealth Membership Registration Form

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o Security and Exchange Commission (SEC) Registration
 After processing, PhilHealth will issue the following:
o PhilHealth Employer Number (PEN) and the Certificate of Registration
o PhilHealth Identification Number (PIN) and Member Data Record (MDR)
of registered employees.
 Finally, display the Certificate if Registration in a conspicuous area of the office
as a requirement.
1.1. 5.3 PAG-IBIG (Home Development Mutual Fund) Registration
The following are the requirements and procedures on how to register a business
as an employer with the PAG-IBIG Fund in the Philippines.
 Pay the first contribution using Pag-ibig Remittance Form;
 Prepare and submit the following documents:
o SSS R1 stamped received by SSS;
o Employer’s Data Form
o Copy of BIR Certificate of Registration (BIR Form 2303);
o Copy of Mayor’s Permit;
o Copy of SEC Articles of Incorporation and By-Laws;
o First Official Receipt of the Contribution; and
o Specimen signature of Authorized Signatory.
 Secure Pag-ibig Certificate and Employers Data Form stamped received.

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1.1.6 Department of Labor and Employment (DOLE) Registration
 Submit registration form DOLE-BWC-IP-3 in three copies to the Regional Labor
Office or authorized representatives
 Attach layout plan of the place of work floor by floor, in scale of 1:100 meters
white or blue print showing all the physical features of the workplace including
storage, exits, aisles, machinery, clinic, emergency devices and location.
1.1.7 Department of Environment and Natural Resources (DENR) Registration
 Accomplished Initial Environmental (IEE) checklist
 Bring the proof of Social Acceptability (Favorable endorsement from the
Barangay or Municipality/City and/or those specific requirements as specified in
the IEE Checklists.
 Submit proof of Ownership or Right Over the Applied Area (any of the
following)
- Original Certificate Title Number
- In case of Tax Declaration, provide duly notarized Affidavit of Ownership or
Adverse Claimant
- Contract of Lease, Operating Agreement, Deed of Assignment
- Others as deemed appropriate
 Zoning Certification and/or Housing and Land-Use Regulatory Board (HLURB)
or Location Viability as deemed appropriate
 Lastly, prepare and submit Project Plans.

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- Location/Vicinity Map
- Site Development Plan
1.1.8 Food and Drugs Administration
The FDA is the government regulating body that has authority over food products
in the retail market, and all food products are required by law to have a certification from
the agency.
Here are the steps to obtain the agency’s approval.
 Proceed to the Public Assistance Information & Compliance Section, and inquire
about the requirements for FDA registration. Get an application form and prepare
the necessary papers.
 Documents will be assessed to determine the amount to be paid for the whole
process. Applicant will be given a routing slip for the different stages of the FDA
registration after payment.
 At its Product Services Division, the FDA will evaluate the technical documents
and labeling materials of the product.
 FDA will proceed with the actual evaluation to be conducted by certified food
technologists.

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 If the product meets FDA standards, it would be given a Certificate of Product
Registration (CPR). Otherwise, it would be given a Letter of Denial (LOD) or a
Notice of Deficiency (NOD).
 The CPR, LOD and NOD are distributed at the Releasing Section of the FDA.
1.2 Taxation Aspect
1.2.1 Corporate Aspect
Section 27 of the National Internal Revenue Code of 1997, an income tax of 30%
is hereby imposed upon the taxable income derived during each taxable year from all
sources within and without the Philippines by every corporation,
However, under the Tax Code, corporate taxpayers can avail themselves of the
Optional Standard Deduction (OSD). Under the OSD, the allowable deduction of the
taxpayer is simply presumed as a percentage not exceeding forty percent (40%) of gross
income for corporations.
1.2.2 Minimum Corporate Income Tax
Under the Republic Act No. 8424, also known as the Tax Reform Act of 1997, a
minimum corporate income tax of two percent (2%) of the gross income is imposed to
every corporation taxable to the thirty percent regular corporate income tax including
non-profit, exempt, and special corporation with respect to their taxable income subject to
regulate corporate income tax, but not to their income subject to special tax rates. The

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timing of imposition shall begin on the fourth taxable year immediately following the
taxable year in which such corporation commenced its operation.
1.2.3 Expanded Withholding Tax
Expanded Withholding Tax or EWT Tax is a kind of withholding tax which is
prescribed on certain income payments and is creditable against the income tax due of the
payee for the taxable quarter/year in which the particular income was earned.
1.2.4 Documentary Stamp Tax
Documentary stamp tax is a tax on documents, instruments, loan agreements and
paper evidencing the acceptance, assignment, sale or transfer of an obligation , right or
property incident thereto.
1.2.5 Community Tax certificate
Judicial person liable to community tax, every corporation no matter how created
or organized, whether domestic or resident foreign, engaged in or doing business in the
Philippines shall pay an annual community tax.
1.2.6 Value Added Tax
Value Added Tax (VAT) is a type of consumption tax that is placed on a product
whenever value is added at a stage of production and at final sale. The amount of vat that
the user pays is the cost of the product, less any of the cost of materials used in the
product that have already been taxed.

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1.2.7 Real Property Tax
Real Property Tax (RPT) is a tax that owners of real property need to pay every
year so that the local government unit (LGU) will not auction off their property.
1.2.8 Annual Registration ( BIR)
Section 236(B) Annual Registration Fee. — An annual registration fee in the amount of
Five Hundred pesos (Php 500) for every separate or distinct establishment or place of business,
including facility types where sales transactions occur, shall be paid upon registration and every
year thereafter on or before the last day of January:

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ARTICLES OF INCORPORATION
Of
MaSACCA INC.,
KNOW ALL MEN BY THESE PRESENTS:
The undersigned incorporators, all of legal age and majority of whom are
residents of the Philippines, have this day voluntarily agreed to form a stock corporation
under the laws of the Republic of the Philippines;
AND WE HEREBYCERTIFY:
FIRST: That the name of said corporation shall be
MaSACCA INC.,
SECOND: That the primary purpose for which such corporation is incorporated:
To establish, own, operate, maintain and provide a good quality of non-chemical
fertilizer, promote organic farming by selling organic fertilizers, to help minimize the
expenses of the farmers by using the product stated and introduce the basic farming again
to the farmers which is all about organic farming.

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THIRD: That the principal office of the corporation is located in #12 Sitio Elang,
San Francisco, General Trias, Cavite.
FOURTH: That the term for which said corporation is to exist is 50 years from
and after the date of issuance of the certificate of incorporation;
FIFTH: That the names, nationalities and residences of the incorporators are as
follows:
NAME NATIONALITY RESIDENCE
Agana, Angelika Saira M. Filipino Blk 29 B Lot 46 R5

CityhomesResortville, Langkaan
II, Dasmariñas city, Cavite
Bagos, Cherry Vale V. Filipino Blk 11 Lot 4 1 Phase 4

CityhomesResortville, Langkaan
II, Dasmariñas city, Cavite
Barrantes, Antonia H. Filipino Blk 19 Lot 2 Phase 1-A Brgy.

Inocencio, TreceMartires, Cavite
Geda, Chester E. Filipino PH6 Blk 4 Lot 25 Sta. Ines

Street Tierra Nevada, Brgy. San
Francisco, General Trias, Cavite
Labitag, Ma. Angelica Micah A. Filipino Blk 16 Lot 14 Phase 1

Windward Hills, Burol
I,Dasmariñas city, Cavite
Oyardo, Ana Liza C. Filipino Blk 7 Lot 7 Springville South II,

Molino IV, Bacoor city, Cavite

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SIXTH: That the number of directors of the corporation shall be 5; and the names,
nationalities and residences of the first directors of the corporation are as follows:
Agana, Angelika Saira M. Filipino Blk 29 B Lot 46 R5

CityhomesResortville,
Langkaan II, Dasmariñas
city, Cavite
Bagos, Cherry Vale V. Filipino Blk 11 Lot 41 Phase 4
city, Cavite
Barrantes, Antonia H. Filipino Blk 19 Lot 2 Phase 1-A
Brgy. Inocencio,
TreceMartires, Cavite
Geda, Chester E. Filipino PH6 Blk 4 Lot 25 Sta. Ines

Street Tierra Nevada, Brgy.
San Francisco, General
Trias, Cavite
Labitag, Ma. Angelica Filipino Blk 16 Lot 14 Phase 1
Micah A. Windward Hills, Burol I,
Dasmariñas city, Cavite
Oyardo, Ana Liza C. Filipino Blk 7 Lot 7 Springville

South II, Molino IV,
Bacoor city, Cavite
SEVENTH: That the authorized capital stock of the corporation is TWENTY
MILLION PESOS (P20,000,000.00) pesos in lawful money of the Philippines, divided
into Eight Hundred Thousand (800,000) shares with the par value of Twenty Five Pesos
(P25.00) pesos per share;

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EIGHT: That at least twenty five (25%) percent of the authorized capital stock
above has been subscribed as follows:
NAME OF NO. OF S HARES AMOUNT

NATIONALITY
SUBSCRIBERS AUTHORIZED SUBSCRIBED
Agana, Angelika Saira M. Filipino 150,000 ₱ 3,750,000.00
Bagos, Cherry Vale V. Filipino 150,000 3,750,000.00
Barrantes, Antonia H. Filipino 150,000 3,750,000.00
Geda, Chester E. Filipino 150,000 3,750,000.00
Labitag, Ma. Angelica Micah A. Filipino 100,000 2,500,000.00
Oyardo, Ana Liza C. Filipino 100,000 2,500,000.00
TOTAL 800,000 ₱ 20,000,000.00
NINTH: That the above-named subscribers have paid at least twenty-five (25%)
percent of the total subscription as follows:
NAME OF
AMOUNT SUBSCRIBED TOTAL PAID-UP
SUBSCRIBERS
Agana, Angelika Saira M. ₱ 3,750,000.00 ₱ 3,750,000.00
Bagos, Cherry Vale V. 3,750,000.00 ₱ 3,750,000.00
Barrantes, Antonia H. 3,750,000.00 ₱ 3,750,000.00
Geda, Chester E. 3,750,000.00 ₱ 3,750,000.00
Labitag, Ma. Angelica Micah A. 2,500,000.00 ₱ 2,500,000.00
Oyardo, Ana Liza C. 2,500,000.00 ₱ 2,500,000.00
TOTAL ₱ 20,000,000.00 ₱ 20,000,000.00
TENTH: That Anna Liza C. Oyardo has been elected by the subscribers as
Treasurer of the Corporation to act as such until his successor is duly elected and
qualified in accordance with the by-laws, and that as such Treasurer, he has been

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authorized to receive for and in the name and for the benefit of the corporation, all
subscriptions or donations paid or given by the subscribers.
ELEVENTH: That no transfer of stock or interest which will reduce the
ownership of Filipino Citizens to less than the required percentage of the capital stock as
provided by existing laws shall be allowed or permitted to be recorded in the proper
books of the corporation and this restriction shall be indicated in all the stock certificates
issued by the corporation.
TWELFTH: That the incorporators and directors undertake to change the name of
the corporation as herein provided, or as amended thereafter, immediately upon receipt of
notice or directive from the Securities and Exchange Commission that another
corporation, partnership or person has acquired a prior right to the use of that name or
that the name has been declared as misleading, deceptive, confusingly similar to a
registered name or contrary to public morals, good custom or public policy.
IN WITNESS WHEREOF, we have hereto signed these Articles of Incorporation,
this 25thday of August 2018, in the City/Municipality of General Trias, Province of
Cavite, Republic of the Philippines.

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AGANA, ANGELIKA SAIRA M. BAGOS, CHERRY VALE V.
BARRANTES, ANTONIA H. GEDA, CHESTER E.
LABITAG, MA. ANGELICA MICAH A. OYARDO, ANNA LIZA C.
ACKNOWLEDGEMENT
REPUBLIC OF THE PHILIPPINES }
} S.S.
BEFORE ME, a Notary Public, in and for the City of Cavite, Philippines
Island, this 19 day of November 2018, personally appeared the following persons:
Name Place Issued Date
Agana, Angelika Saira M. Cavite August 18th 2018
Bagos, Cherry Vale. V Cavite August 18th 2018
Barrantes, Antonia H. Cavite August 18th 2018
Geda, Chester E. Cavite August 18th 2018
Labitag, Ma. Angelica Micah A. Cavite August 18th 2018
Oyardo, Anna Liza C. Cavite August 18th 2018

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known to me and to me known to be the same persons who executed the foregoing
Articles of Incorporation constituting of four (4) pages, including this page where the
acknowledgement is written, and they acknowledged to me that the same is their free act
and voluntary deed.
WITNESS MY HAND AND SEAL on the day first above-written.
NOTARY PUBLIC
Doc. No. ________
Page No. ________
Book No. _________
Series of _________

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AMENDED BY-LAWS
OF
MaSACCA INC.
ARTICLE I.
SUBSCRIPTION, ISSUANCE AND TRANSFER OF SHARES
Section 1.Subscriptions - Subscribers of the capital stock of the corporation shall
pay the value of the stock in accordance with the terms and conditions prescribed by the
Board of Directors. Unpaid subscriptions shall not earn interest unless determined by the
Board of Directors.
Section 2.Certificate- The stockholder shall be entitled to one or more certificates
for fully paid stock subscription in his name in the books of the corporation. The
certificates shall contain the matters required by law and the Articles of Incorporation.
They shall be in such form and design as may be determined by the Board of Directors
and numbered consecutively. The certificate shall be signed by the President,
countersigned by the Secretary or Assistant Secretary, and sealed with the corporate seal.

19
Section 3.Transfer of Shares - Subject to the restrictions, terms and conditions
contained in the Articles of Incorporation, shares may be transferred, sold, assigned or
pledged by delivery of the certificates duly indorsed by the stockholder, his attorney-in-
fact, or other legally authorized person. The transfer shall be valid and binding on the
corporation only upon record thereof in the books of the corporation. The Secretary shall
cancel the stock certificates and issue new certificates to the transferee.
No shares of stock against which the corporation holds unpaid shall be
transferable in the books of the corporation.
All certificates surrendered for transfer shall be stamped 'Cancelled' on the face
thereof, together with the date of cancellation, and attached to the corresponding stub
with the certificate book.
Section 4.Lost Certificates-In case any stock certificate is lost, stolen or
destroyed, a new certificate may be issued in lieu thereof in accordance with the
procedure prescribed under Section 73 of the Corporation Code.
ARTICLE II
MEETINGS OF STOCKHOLDERS
Section 1.Annual/Regular Meetings- The annual/regular meetings of stockholders
shall be held at the principal office after submission of audited Financial Statement on
Bureau of Internal Revenue.

20
Section 2.Special Meeting - The special meetings of stockholders, for any
purpose or purposes, may at any time be called by any of the following: (a) Board of
Directors, at its own instance, (b) at the written request of stockholders representing a
majority of the outstanding capital stock, or (b) the President of the corporation.
Section 3.Place of Meeting-Stockholders meetings, whether regular or special
shall be held in the principal office of the corporation or at any place designated by the
Board of Directors in the city or municipality where the principal office of the
corporation is located at any place in Cavite and at such hour as specified in the notice.
Section 4.Notice of Meeting-Notices for regular or special meetings of
stockholders may be sent by the Secretary by personal delivery or by mail at least two (2)
weeks prior to the date of the meeting to each stockholder of record at his last known
address. The notice shall state the place, date and hour of the meeting, and the purpose or
purposes for which the meeting is called.
When the meeting of stockholders is adjourned to another time or place, it shall
not be necessary to give any notice of the adjourned meeting if the time and place to
which the meeting is adjourned are announced at the meeting at which the adjournment is
taken. At the reconvened meeting, any business may be transacted that might have been
transacted on the original date of the meeting.
Section 5.Quorum - Unless otherwise provided by law, in all regular or special
meeting of stockholders, a majority outstanding capital stock must be present or

21
represented in order to constitute a quorum. If no quorum is constituted, the meeting shall
be adjourned until the requisite amount of stock shall be present.
Section 6.Conduct of Meeting-Meeting of the stockholders shall be presided over
by the President, or in his absence, by a chairman to be chosen by the stockholders. The
Secretary shall act as Secretary of every meeting but if not present, the chairman of the
meeting shall appoint a secretary of the meeting.
Section 7.Manner of Voting - At all meetings of stockholders, a stockholder may
vote in person or by proxy. Unless otherwise provided in the proxy it shall be valid only
for the meeting at which has been presented to the Secretary. All proxies must be in the
hands of the Secretary before the time set for the meeting. Proxies filed with the
Secretary may be revoked by the stockholders either in an instrument in writing duly
presented and recorded with the Secretary, prior to a scheduled meeting or by their
personal presence at the meeting.
Section 8.Closing of Transfer Books or Fixing of Record Date - For the purpose
of determining the stockholders entitled to notice of, or to vote at, any meeting of
stockholders or any adjournment thereof or to receive payment of any dividend, the
Board of Directors may provide that the stock and transfer books be closed for ten (10)
working days immediately preceding such meeting.

22
ARTICLE III
BOARD OF DIRECTORS
Section 1.Powers of the Board- Unless otherwise provided by law, the corporate
powers of the corporation shall be exercised, all business conducted and all property of
the corporation controlled and held by the Board of Directors to be elected by and from
among the stockholders. Without prejudice to such powers as may be granted by law, the
Board of Directors shall also have the following powers:
(a) From time to time, to make and change rules and regulations not inconsistent with
these by laws for the management of the corporation's business and affairs;
(b) To purchase, receive, take or otherwise acquire for and in the name of the
corporation, any and all properties, rights or privileges, including securities and
bonds of other corporations, for such consideration and upon such terms and
conditions as the Board may deem proper or covenant;
(c) To invest the funds of the corporation on other corporations or for purposes other
than those for which the corporation was organized, subject to such stockholders'
approval as may be required by law;
(d) To incur indebtedness as the Board may deem necessary, to issue evidence of

23
indebtedness including and without limitation to notes, deeds of trust, bonds,
debentures, or securities, subject to such stockholders' approval as may be
required by law, and/ or pledge, mortgage, or otherwise encumber all or part of
the properties of the corporation;
(e) To establish pension, retirement, bonus, or other types of incentive or
compensation plans for the employees, including officers and directors of the
corporation;
(f) To prosecute, maintain, defend, compromise or abandon any lawsuit on which the
corporation or its officers is either plaintiff or defendant in connection with the
business of the corporation;
(g) To delegate, from time to time, any of the powers of the Board which may be
delegated the course of the current business of the corporation to any standing or
special committee or to any officer or agent and to appoint any person to be agent
of the corporation with such powers and upon such terms as may be deemed fit;
(h) To implement these by-laws and to act on any matter not covered by these by-
laws, provided such matter does not require the approval or consent of the
stockholders under the Corporation Code.

24
Section 2.Composition, Qualifications, Election and Term - The Board of
Directors shall be elected during each regular meeting of stockholders and shall hold
office for one (1) year and until their successors are elected and qualified. All the
directors must possess the qualifications and none of the disqualifications prescribed by
law, rules or regulations, and these by-laws.
The Board of Directors shall be composed of seven (7) directors, two (2) of whom
shall be independent directors. For this purpose, an independent director shall mean a
person other than an officer or employee of the corporation, its parent or subsidiaries, or
any other individual having a relationship with the corporation, which would interfere
with the exercise of independent judgment in carrying out the responsibilities of a
director.
Any stockholder having at least one hundred (100) common shares registered in
his name may be elected director, provided, however, that no person shall qualify or be
eligible for nomination or election to the Board of Directors if he is engaged in any
business which competes with or is antagonistic to that of the corporation. Without
limiting the generality of the foregoing, a person shall be deemed to be so engaged:
(a) If he is an officer, manager or controlling person of, or the owner (either of record
or beneficially) of ten percent (10%) or more of any outstanding class of shares of,
any corporation (other than one in which the corporation owns at least thirty percent
(30%) of the capital stock) engaged in a business which the Board, by at least three-

25
fourths vote, determines to be competitive or antagonistic to that of the corporation;
or,
(b) If he is an officer, manager or controlling person of, or the owner (either of record
or beneficially) of ten percent (10%) or more of any outstanding class of shares of,
any other corporation or entity engaged in any line of business of the corporation,
when in the judgment of the Board, by at least three• fourths vote, the laws · against
combinations in restraint of trade shall be violated by such person's membership in
the Board of Directors; or,
(c) If the Board, in the exercise of its judgment in good faith, determine by at least
three-fourths vote that he is the nominee of any person set forth in (a) or (b)
In determining whether or not a person is a controlling person, beneficial owner,
or the nominee of another, the Board may take into account such factors as business and
family relationship.
For the proper implementation of this foregoing provisions, all nominations for
the election of directors by the stockholders · shall be submitted in writing to the Board
of Directors through the Corporate Secretary on or before Tune.10 or at such earlier or
later date that the Board of Directors may fix.
A director shall be qualified to hold office only. upon pledging the one hundred (100)
common shares registered in his name to the corporation to answer for his conduct.

26
The Board by majority vote of the members may remote or replace a director for
just causes or when he possesses the disqualifications prescribed by law, rules or
regulations.
A director may, at any time, submit his written resignation which shall be
effective as of the date of its acceptance by the Board of Directors.
Section 3.Vacancies/Removal of a Director - Any vacancy occurring in the Board
of Directors other than by removal by the stockholders or by expiration of term, may be
filled by the vote of at least a majority of the remaining directors, if still constituting a
quorum; otherwise, the vacancy must be· filled by the stockholders at a regular 0r at any
special meeting of stockholders called for the purpose. A director so elected to fill a
vacancy shall be elected only for the unexpired term of his predecessor in office and until
his successor is duly elected and qualified.
The vacancy resulting from the removal of a director by the stockholders in the
manner provided by law may be filled by election at the same meeting of stockholders
without
further notice, or at any regular or at any special meeting of stockholders called for the
purpose, after giving notice as prescribed in these by-laws.
Section 4.Meeting - The Board shall meetings quarterly. Special meetings may be
held as often as necessary on such dates and at such times and places as may be
determined by the Chairman, or the President, or upon written request of a majority of all

27
members of the Board. Meetings of the Board shall be held at the principal office of the
corporation or at such other places as may be designated in the notice.
Section 5.Notice - Notice of the regular or special meeting of the Board,
specifying the date, time and place of the meeting, shall be communicated by the
Secretary to each director personally, or by telephone, telegram, or by written message
(provided, however that any such communication by electronic mail or by any other
method that does not produce a receipt of delivery must be confirmed by fax unless the
recipient director replies to confirm receipt) at least five (5) calendar day prior to the
meeting. A director may waive this requirement, but only expressly and in writing and
only for a single specified meeting.
Section 6.Quorum - No Meeting of the Board may proceed to transact any
business unless a quorum is present at the start of and throughout the meeting. Except
where the law requires the presence of a greater number, the presence of four (4)
directors shall constitute a quorum.
Except where the relevant law requires a greater number, a majority vote of the
directors present in a meeting where a quorum as described is present shall be necessary
to decide any matter that may come before any meeting of the Board.
Section 7.Conduct of the Meetings - Meetings of the Board of Directors shall be
presided over by the Chairman of the Board, or in his absence, by the President, or if
none of the foregoing is in office and present and acting, by any other director chosen by

28
the Board. The Secretary shall act as secretary of every meeting, if not present, the
Assistant Secretary shall act as secretary of the meeting. In the absence of both, the
Chairman of the meeting shall appoint a secretary of the meeting.
Section 8.Meetings by Teleconference, Videoconference or Similar Modes -
Meetings of the Board may be called and held by teleconferencing, Videoconferencing or
through similar modes of modern communication technology in accordance with
Memorandum Circular No. 15 of the Securities and Exchange Commission ("SEC") or
such other rules and regulations as may be promulgated in respect thereof from time to
time by the SEC. In addition to the secretary of such meeting maintaining written
minutes, such meetings shall be properly recorded in tapes, disc and/or other recording
materials and such materials shall be properly stored for safekeeping.
Section 9.Compensation - By resolution of the Board, each director shall receive
a reasonable per diem allowance for his attendance at each meeting of the Board. As
compensation, the Board shall receive and allocate an amount of not more than ten
percent (10%) if the net income before income tax of corporation during the be preceding
year. Such compensation shall be determined and apportioned among the directors in
such manner as the Board may deem proper, subject to the approval of stockholders
representing at least a majority of the outstanding capital stock at a regular or special
meeting of the stockholders.

29
Section 10.Committees - The Board shall create and constitute Committees one or
more standing or special committees, including a Nomination Committee, Compensation
Committee, Corporate Governance Committee and Audit Committee, with such
composition, powers and duties as may be specified in the enabling resolutions of the
Board.
ARTICLE IV
OFFICERS
Section 1.Election/Appointment - Immediately after their election, the Board of
Directors shall formally organize by electing its Corporate Officers. The Corporate
Officers of the corporation shall include the President, the Chief Finance Officer,
Treasurer, Secretary, Assistant Secretary, and such other officers as may be appointed by
the Board from time to time.
Any two (2) or more positions may be held concurrently by the same person,
except that no one shall act as President and Treasurer at the same time.
Section 2.President - The President shall be the Chief Executive Officer of the
corporation and shall exercise the following functions:
(a) To preside at the meetings of the stockholders;
(b) To initiate and develop corporate objectives and policies and formulate long

30
range projects, plans and programs for the approval of the Board of Directors,
including those for executive training, development and compensation;
(c) To supervise and manage the business affairs of the corporation upon the
direction of the Board of Directors
(d) To implement the administrative and operational policies of the corporation,
prescribe their duties, and determine their salaries;
(e) To appoint, remove, suspend or discipline employees of the corporation,
prescribe their duties, and determine their salaries;
(f) To oversee the preparation of the budgets and the statements of accounts of the
corporation;
(g) To represent the corporation at all functions and proceedings;
(h) To execute on behalf of the corporation all contracts, agreements and other
instruments affecting the interests of the corporation which require the approval
of the Board of Directors.
(i) To make reports to the Board of Directors and stockholders;
(j) To sign certificates of stock; and

31
(k) To pre form such other duties as are incident to his officer or are entrusted to
him by the Board of Directors.
Section 3.The Chief Finance Officer – He/she shall have such other power and
duties, as may from time to time be assigned to him by the Board of Directors or by the
President.
Section 4.The Secretary - The Secretary must be a resident and a citizen of the
Philippines. He shall have the following specific powers and duties.
(a) To record the minutes and transactions of all meetings of the directors and the
stockholders and to maintain minute book of such meetings in the form and
manner required by law.
(b) To keep record books showing the details required by law with respect to the
stock certificates of the corporation, including ledgers and transfer book
showing all shares of the corporation subscribed, issued and transferred;
(c) To keep corporate seal and affix it to all papers and documentary requiring a
seal, and to attest by his signature all corporate documents requiring the same;
(d) To attend to the giving and serving of all notice of the corporation required by
law or these by-laws to be given;

32
(e) To certify such corporate acts, countersign corporate documents or certificates,
and make reports or statements as may be required of him by law or by
government rules and regulations;
(f) To act as inspector at the election of directors and, as such, to determine the
number of shares of stock outstanding and entitled to vote, the shares of stock
represented at the meeting, the existence of quorum, the validity and effect of
proxies, and to receive votes, ballots or consents, hear and determine questions
in connection with the right to vote, count and tabulate all votes, determine the
result, and do such acts as re proper to conduct the election; and
(g) To perform such other duties as are incident to his office or as may be assigned
to him by the Board of Director or President.
Section 5.Treasurer - The Treasurer of the corporation shall have the following
duties:
(a) To keep full and accurate accounts of receipts and disbursements in the books of
the corporation;
(b) To have custody of, and be responsible for, all the funds, securities and bonds of
the corporation;

33
(c) To deposit in the name and to the credit of the corporation, in such banks as may
be designated from time to time by the Board of Directors, all the moneys,
funds, securities, bonds, and similar valuable effects belonging to the
corporation which may come under his control;
(d) To render an annual statements showing the financial condition of the
corporation and such other financial reports as the Board of Directors, or the
President may, from time require;
(e) To prepare such financial reports, statements, certifications and other documents
which may, from time to time, be required by the government rules and
regulations and to submit the same to the proper government agencies;
(f) To exercise such powers and perform such duties and functions as may be
assigned to him by the President.
Section 6.Terms of Office - The term of office of all officers shall be one (1) year
and until their successors are duly elected and qualified.
Section 7.Vacancies - If any position of the officers become vacant by reason of
death, resignation, disqualification or for any other cause, the Board of Directors may, by
majority vote, elect a successor who shall hold office for the unexpired term.

34
Section 8.Compensation - The officers shall receive such remuneration as the
Board of Directors may determine. A director shall not be precluded from serving the
corporation in any other capacity as an officer, agent or otherwise and receiving
compensation therefore.
ARTICLE V
OFFICES
Section 1.The principal office of the corporation shall be located at the place
stated in Article III of Incorporation. The corporation may have such other branch
offices, either within or outside the Philippines as the Board of Directors may designate.
ARTICLE VI
OFFICES
Section 1.External Auditor - At the regular stockholders' meeting, the external
auditor of the corporation for the ensuring year shall be appointed. The external auditor
shall examine, verify and report on the earnings and expenses of the corporation.
Section 2.Fiscal Year - The Fiscal year of the corporation shall begin on the first
day of January and end on last day of December of each year.
Section 3.Dividends - Dividends shall be declared and paid out of the unrestricted
earnings which shall be payable in cash, property, or stock to all stockholders on the basis

35
of outstanding stock held by them, as often and at such time as the Board of Directors
may determine and in accordance with law.
ARTICLE VII
CORPORATE SEAL
Section 1.Form and Inscriptions - The corporate seal shall be determined by the
Board of Directors.
ARTICLE VIII
AMENDMENTS
Section 1.The power to amend, modify, repeal or adopt new-by-laws has been
delegated to the Board of Directors by the affirmative vote of stockholders representing
at least two-thirds of the outstanding capital stock of the corporation during its Special
Stockholders Meeting.
IN WITNESS WHEREOF, we the undersigned stockholders have adopted the
foregoing by-laws and hereunto affixed our signature this:

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AGANA, ANGELIKA SAIRA BAGOS, CHERRY VALE V.
BARRANTES, ANTONIA H. GEDA, CHESTER E.
LABITAG, MA. ANGELICA MICAH A. OYARDO, ANNA LIZA

37
MANAGEMENT
ASPECT

38
CHAPTER II
Management Aspect
This chapter focuses on the discussion of the whole management. Also, in this
chapter is where the information of the business are in such as the business profile, the
statement of vision and mission of the corporation. The projected sales of the employees
and the five-year strategic plan of the business entity are also stated in this chapter.
2.1 Business Profile
2.1.1 Business Name
MaSACCA Inc. is one of the best known manufacturing companies of organic
fertilizer in Cavite, Philippines. The name MaSACCA was adapted from the initial letters
of the names of the six incorporators namely; Ma. Angelica, Saira, Antonia, Cherry,
Chester and Anna Liza. This name that the proponents came up with has been a perfect
fit for the corporation since the word MaSACCA comes from the Tagalog root word
“saka” that means “harvest” in agricultural term.

39
2.1.2 Company Tagline
“A Healthier Soil for a Happier Soul”
This is to show that the product offered by the business is not only worth paying
for but, also a channel for a healthier environment.
2.1.3 Company Logo
The tree figure symbolizes the stable growth of the company, just like a tree. The
three branches of it represents that the company is committed in three things which are
Sustainability, Quality and Innovation. On the other hand, since the proponents of the
corporation believe in a Bible phrase “I can do all things through Christ who strengthens
Me.” the figure of mountain on the logo symbolizes equanimity of the company.
Equanimity is a state of inner balance that enables someone to surpass any turmoil in life.

40
The green color of the field symbolizes nature, life, energy associated with meanings of
growth, freshness, safety and environment. Also, the green colour represents that the
company is an advocate of a greener life for every citizen of its beloved country –
Philippines.
2.1.4 Product Logo
2.1.5 Type of Business Organization: CORPORATION
The business constitute with high costs of formation and operations. It declares
the business as a separate, legal entity guided by a group of officers known as the board
of directors.

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2.1.6 The Incorporators
MaSACCA Inc. Incorporators

Blk 29 B-Lot 46
CityhomesResortville R5
Agana, Angelika Saira M. Filipino
city, Cavite
Blk 11 Lot 41 Phase 4
Bagos, Cherry Vale V. Filipino
city, Cavite
Blk 19 Lot 2 Phase 1-A
Barrantes, Antonia H. Filipino Brgy. Inocencio,
TreceMartires, Cavite
Ph 6 A Blk 4 Lot 25 Tierra
Geda, Chester E. Filipino Nevada, General Trias,
Cavite
Blk 16 Lot 14 Phase 1
Labitag, Ma. Angelica Micah Windward Hills,
Filipino
A. BurolI,Dasmariñas city,
Cavite
Bayanan, Muntinlupa city,

Oyardo, Anna Liza C. Filipino
Alabang
2.1.7 Management Style
The management style that the company wants to promote is a Democratic
Company. Every employee, inside the corporation, has a voice and decisions which are
made through consultation and cooperation. It is based on sharing responsibilities, duties
and decision-making throughout the corporation.

42
2.1.8 Vision Statement
To be the leading supplier of most advanced organic fertilizer while expanding
internationally and improving our business transactions together with the fast-paced
development technology.
2.1.9 Mission Statement
Dedicated in providing the highest quality of products in the agriculture industry
as well as meeting the demands of the clients, while providing a valuable atmosphere to
the employees who contributes to an effective and efficient production.
 To maintain high quality product.
 To provide good quality of services to customers.
 To supply product demand worldwide.
2.1.10 Core Values
SUSTAINABILITY
 Supporting organic agriculture
 Conserving, maintaining and enhancing resources

43
QUALITY
 Adhere to product selection criteria that proudly provide a wide variety of
organic and natural products.
INNOVATION
 Identify and adapt to the environment, social and economic divers of
change.
2.1.11 Corporation Goals and Objectives
 To strengthen organic practices which reduce the use of toxic, synthetic
chemicals and have clear benefits to human health and environment.
 To promote organic farming by supplying organic fertilizers and educating
the farmers with its advantages over chemical or inorganic fertilizer.
 To serve as a catalyst for public, policy makers, scientist, farmers and
industry on the science supporting sustainable organic food and farming.

44
2.2 Organizational Structure
2.2.1 Organizational Chart
Engineering Agri-Engineering
Department
General Accountant
Accounting
General Manager
Accounting
Department Assistance
Cashier
Human Resource Human Resource

Department Analyst
Sales Analyst
Sales and Marketing
Department
Market Research
Analyst
Workers
Production
Department
Quality Assurance

45
2.3 Job Description and Qualifications
General Manager
Duties and Responsibilities
 Leading, guiding, directing, and evaluating the work of other executive
leaders.
 Develops, reviews, updates and implements business strategic planning,
including sales, financial performance and new product development.
 Participates in formulating and administering company policies, directing
and coordinating all divisional department activities to develop and
implement long-range goals and objectives to meet business and
profitability growth objectives.
 Oversees key projects, processes and performance reports, data and
analysis.
Job Qualifications
 Must have a Bachelor’s degree in Business Administration
 Preferably with a master’s degree in Business Administration
 At least 3 years business experience ( 1 year of experience in Senior
position)

46
 Must possess essential skills such as; management skills, decision-making
skills and time-management skills.
 Must have ability to communicate and work effectively with a variety of
internal and external stakeholder.
 Must have a strong sense of leadership.
 Must have knowledge in using office software.
Agricultural Engineering
Duties and responsibilities
 Design agricultural machinery components and equipment, using
computer-aided design (CAD) technology
 Test agricultural machinery and equipment to ensure that they perform
properly
 Design food-processing plants and supervise manufacturing operations
 Plan and direct construction of rural electric-power distribution systems
 Design structures to store and process crops
 Design housing and environments to maximize animals’ comfort, health,
and productivity
 Provide advice on water quality and issues related to managing pollution,
controlling rivers, and protecting and using other water resources

47
 Design and supervise environmental and land reclamation projects in
agriculture and related industries
 Discuss plans with clients, contractors, consultants, and other engineers
so that the plans can be evaluated and any necessary changes made
Job qualifications
 Must have Bachelor’s degree in Agricultural Engineering.
 Preferably passed the Agricultural Engineering Board Examination.
 Several years of experience preferably within the specify duties and
responsibilities.
 IT literate with a good understanding of all MS Office applications and
project management program.
 Possess excellent communication skills and team working ability at all
levels.
 Must be cost efficient and resourceful.
General Accountant
 Prepares asset, liability, and capital account entries by compiling and
analyzing account information..
 Recommends financial actions by analyzing accounting options.

48
 Summarizes current financial status by collecting information; preparing
balance sheet, profit and loss statement, and other reports.
 Substantiates financial transactions by auditing documents.
 Maintains accounting controls by preparing and recommending policies
and procedures.
 Guides accounting clerical staff by coordinating activities and answering
questions.
 Reconciles financial discrepancies by collecting and analyzing account
information.
 Maintains financial security by following internal controls.
 Prepares payments by verifying documentation, and requesting
disbursements.
 Prepares special financial reports by collecting, analyzing, and
summarizing account information and trends.
Job Qualification
 Must have a bachelor’s degree in Accountancy.
 Must have an experiencing the job at least 2 to 3 years.
 Passed the licensure examination under Accountancy.
 Must have an analytical and mathematical mind, capable of evaluating and
solving various complex problem
 Must have technical skills

49
 Familiarity with how the money markets operate.
 Must have good oral and written expression
Accounting Assistance
 Reconcile invoices and identify discrepancies
 Create and update expense reports
 Process reimbursement forms
 Prepare bank deposits
 Enter financial transactions into internal databases
 Check spreadsheets for accuracy
 Maintain digital and physical financial records
 Issue invoices to customers and external partners, as needed
 Review and file payroll documents
 Participate in quarterly and annual audits
Job Qualifications
 Work experience at least 2 years or more as an Accounting Assistant
or Accounting Clerk is an advantage.
 Knowledge of basic bookkeeping procedures
 Familiarity with finance regulations

50
 Good math skills and the ability to spot numerical errors
 Hands-on experience with MS Excel and accounting software (e.g.
QuickBooks)
 Organization skills
 Ability to handle sensitive, confidential information
 Must have a bachelor’s degree in Accountancy, Finance or relevant field.
Cashier
 Handle cash transactions with customers using cash registers
 Scan goods and collect payments
 Issue receipts, refunds, change or tickets
 Redeem stamps and coupons
 Make sales referrals, cross-sell products and introduce new ones
 Resolve customer complaints, guide them and provide relevant
information
 Greet customers when entering or leaving establishments
 Maintain clean and tidy checkout areas
 Keep reports of transactions
 Bag, box or wrap packages
 Pleasantly deal with customers to ensure satisfaction

51
Job Qualifications
 Proven working experience in retail cashier or sales
 Basic PC knowledge and familiarity with electronic equipment (e.g. cash
register, scanners, money counters etc.
 Strong communication and time management skills
 Customer satisfaction-oriented
 Attention to detail and mathematical skills
 Sales skills
 Must have a diploma in High school.
Human Resource Analyst
 Gather benchmark data about jobs, compensation and benefits
 Map out salary ranges for our open positions
 Calculate retention, turnover and internal mobility rates
 Report on key recruiting metrics like time to fill and hiring costs
 Assist hiring managers in designing hiring and training plans
 Forecast costs by department and help create budgets
 Analyze employees’ answers to internal surveys (like job satisfaction
surveys)

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 Assess results from our employee performance reviews
 Identify top reasons why candidates and employees choose to work with
our company and recommend areas of improvement for our HR
procedures
Job Qualifications
 Work experience as an HR Analyst or similar role
 Experience using Human Resources Management Systems
 Excellent analytical skills
 Ability to create detailed spreadsheets, charts and presentations
 Good research abilities
 Familiarity with HR operations including hiring, payroll and employee
benefits
 Must have a bachelor’s degree in Human Resources, Business
Administration or relevant field

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Sales Analyst
 Assisting in the sales process through data analysis; collecting and
analyzing data from sales reports
 Developing quotas for the Sales team, evaluating their performance on the
basis of this quota, and forecasting sales.
 Preparing daily, weekly, quarterly, monthly, and annual sales reviews.
 Working alongside and providing support/advise to the Finance,
Marketing, and Sales departments
 Preparing and leading informational meetings for staff in order to explain
sales trends and new marketing strategies.
 Advising on the hiring and/or termination of members of the staff, as
needed.
Job Qualifications
 Must have bachelor’s degree in Marketing, Business administration or
relevant field
 Demonstrates proficiency in the use of sales forecasting software.
 Possesses knowledge of the industry or market in which he or she is
conducting analyses.

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 Exhibits ability to use Microsoft Word, Excel, Outlook, and PowerPoint.
 Speaks confidently and articulately in front of a group.
 Possesses strong math skills.
 Demonstrate the ability to think both analytically and creatively.
 Possesses strong problem-solving skills.
 Communicates clearly and effectively.
Marketing Research Analyst
 Collect data on consumers, competitors and market place and consolidate
information into actionable items, reports and presentations
 Understand business objectives and design surveys to discover prospective
customers’ preferences
 Compile and analyze statistical data using modern and traditional methods
to collect it
 Perform valid and reliable market research SWOT analysis
 Interpret data, formulate reports and make recommendations
 Use online market research and catalogue findings to databases
 Provide competitive analysis on various companies’ market offerings,
identify market trends, pricing/business models, sales and methods of
operation

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 Evaluate program methodology and key data to ensure that data on the
releases are accurate and the angle of the release is correct
 Remain fully informed on market trends, other parties researches and
implement best practices
Job Qualifications
 Must have Bachelor’s degree in Marketing, Business or relevant field.
 Proven market research analysis experience
 Ability to interpret large amounts of data and to multi-task
 Strong communication and presentation skills
 Excellent knowledge of statistical packages (SPSS, SAS or similar),
databases and MS Office
 Search engines, web analytics and business research tools acumen
 Familiarity with CRM programs
 Adequate knowledge of data collection methods (polls, focus groups,
surveys etc)
 Working knowledge of data warehousing, modelling and mining
 Strong analytical and critical thinking
Quality Assurance

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 Draft quality assurance policies and procedures
 Interpret and implement quality assurance standards
 Evaluate adequacy of quality assurance standards
 Devise sampling procedures and directions for recording and reporting
quality data
 Review the implementation and efficiency of quality and inspection
systems
 Plan, conduct and monitor testing and inspection of materials and products
to ensure finished product quality
 Investigate customer complaints and non-conformance issues
 Collect and compile statistical quality data
 Analyze data to identify areas for improvement in the quality system
Job Qualifications
 Preferably with a bachelor’s degree
 With a certifications in Quality Auditor/Quality Engineer/Quality
Improvement Associate, Six Sigma
 With experience in quality inspection, auditing, and testing
 Knowledgeable in tools, concepts and methodologies of Quality
Assurance

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 Strong computer skills including Microsoft Office, QA applications and
databases
Production Worker
 Sets up machines to start a production cycle
 Monitors equipment to ensure that products are being assembled properly
 Reporting equipment faults to maintenance staff
 Assembles product parts by hand
 Observes and removes faulty product parts from assembly line
 Ensures that all production deadlines are met
 Packing goods ready for shipment
 Cleaning and maintaining work areas and machinery
Job Qualifications
 At least a high school graduate
 Preferably with certification and licensing to operate factory machinery
 Must have previous experience in a production line, and if possible with
forklift training
 Must have the ability to follow instructions, work quickly and
methodically

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 Must have the ability to interpret equipment gauges and monitors on
factory equipment
 Possesses physical strength and stamina required to stand, walk, and lift
for long periods of time
 Knowledgeable with factory safety procedures and guidelines
2.4 Business Policy
Business policy is composed of a set of guidelines governing the organization’s
conduct of business directed towards achieving its goals and objectives.
2.4.1 Hiring Process
The Human Resources Department will identify the company’s job
positions and their respective duties, responsibilities and qualifications. They will
also be responsible for filling them in case of vacancy.
Recruitment
The recruitment phase of the hiring process takes place when the company
tries to reach a pool of candidates through job postings, job referrals,
advertisements, college campus recruitment, etc. Candidates who respond to these
measures then come in for interviews and other methods of assessment.
Employers may check the background of prospective employees, as well as check
references Human Resource staff will also work in partnership with TESDA in
recruiting applicants.

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Selection Process
The procedures for hiring an employee are as follows:
Receipt of Preliminary Employment test

Application Interview
Physical and
Final Selection Medical Hiring
Examination
Orientation
Figure 1. Hiring Process
 Applicants will submit resumes to the company by email or personally and
will be reviewed by the Human Resource Staffs.
 Pre – qualified applicants will be called or emailed by the Human
Resource Staffs for the initial interview. The candidates who passed the
interview are only asked to fill the application form.
 Once the applications are received, these are screened by the screening
committee, who then prepare a list of those applicants whom they find
suitable for the interviews.

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 In order to check the mental ability and skill set of an individual, several
tests are conducted. Such as intelligence tests, aptitude tests, interest tests,
psychological tests, personality tests, etc. that will be given by the Human
Resource Staff.
 Finally, the candidate who qualifies all the rounds of a selection process is
given the appointment letter to join the firm.
 Here the physical and mental fitness of the candidate are checked to
ensure that he is capable of performing the job. The medical examination
is done after the final selection.
 Hired applicants will undergo two (2) days orientation before
employment.
2.4.2 Training policy
Training helps promote effective and efficient performance of jobs. It also
gives improvements and satisfaction on the part of the employees and helps in
instilling loyalty and commitment form good workers. MaSACCA Inc. is
committed to ensuring that all the staffs have access to learning, development and
training opportunities which enable them to be suitably knowledgeable and skilled
to carry out their role within the Company, and to develop their talents in ways
that fit with the Company’s development to meet its strategic objectives.
MaSACCA Inc. considers it appropriate to base training and development
opportunities on the requirements of the business. Therefore, decisions about

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investment in staff training and development will always be made having regard
to the needs of the business as well as the staff member’s individual needs.
2.4.3 Performance Evaluation Policy
The company will be conducting regular assessments to know how well
their employees are doing. Evaluations contain performance standards or the level
at which employees must perform their responsibilities to meet the expectation of
the employers. The purpose of an evaluation is measure job performances. It is
important to determine whether an employee’s skill set is appropriately matched
to the job given to the employee. The Human Resources Department shall be
responsible for the establishment and maintenance of lists of employees who are
responsible for the completion and documentation of performance evaluations on
other University employees. All employees responsible for the completion and
documentation of performance evaluations shall be advised of this responsibility
in a timely fashion with subsequent reminders of the due date for completion. The
employee shall also be informed of the consequences of not performing the
evaluation. Evaluation of employee job performance shall be conducted according
to the terms of the various collective agreements, or shall utilize the existing
processes established by the Human Resources Department. These existing
processes shall include flexibility with respect to the methods used to evaluate and
document the performance evaluation. Also, the Human Resource department
shall discuss continued or repeated failures to comply with this policy with the

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appropriate senior administrator for the purpose of overcoming the barriers to
completion of the delinquent evaluations including training in performance
evaluation processes and, if necessary, assessing the need for disciplinary action.
Other procedures for the evaluation of performances of an employee will
include the following:
A. Seminar/Conferences
Professional association conferences and seminars can provide a wealth of
information on a broad array of topics and professional issues, and also to ensure
employees are well – trained and up to date. Seminars and conferences will be
conducted at least twice a year for employment development.
B. Annual Medical Examination
All regular employees must undergo complete physical and medical
examination at least once a year at the company’s account. The examination
includes X-rays, dental, urinalysis, fecalysis, complete blood count, eye test and
other diagnostic procedures as may be required from time to time by the
physician.
Employees are scheduled for regular physical and medical examination to
ascertain their fitness for work and in compliance with the requirement of the
Labor Code.

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C. Team Building
Team buildings are conducted to boost the team morale of the company
and bring people together by encouraging collaboration and teamwork.
MaSACCA Inc. holds annual team building. It aims to build stronger relationship
with each other and to have strong sense of teamwork.
2.4.4 Work Schedule Policy
Employees of MaSACCA Inc. are obliged to follow the working schedule
provided by the company. Regular office days are from Mondays to Fridays and
its regular working hours are from 8 in the morning to 5 in the afternoon. All
employees must work at least eight (8) hours a day excluding lunch break.
Employees are entitled to have a lunch break of one (1) hour between 11 in the
morning to 12 at noon or 12 at noon to 1 in the afternoon. The reason for the two
shifts of lunch break is for the continuous operation of the company.
Regular Office Hours
Days Employees Working Schedule
Monday All 8:00 am to 5:00 pm

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Tuesday All 8:00 am to 5:00 pm
Wednesday All 8:00 am to 5:00 pm
Thursday All 8:00 am to 5:00 pm
Friday All 8:00 am to 5:00 pm
Saturday Day Off Day Off
Sunday Day Off Day Off
Table 1 Working Schedule for Office workers
For the Employees under the production, the regular working days are
from Mondays to Saturdays. It is from 8 in the morning to 5 in the afternoon.
Lunch break and day off are given which depends on the schedule provided by the
company.
Regular Production Hours
Days Employees Working Schedule
Monday All 8:00 am to 5:00 pm
Tuesday All 8:00 am to 5:00 pm
Wednesday All 8:00 am to 5:00 pm
Thursday All 8:00 am to 5:00 pm
Friday All 8:00 am to 5:00 pm
Saturday Day Off Day Off
Sunday Day Off Day Off

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Table 2 Working Schedule for Production workers
2.4.5 Promotion Policy
The company’s purpose for the promotion policy is to establish consistent method
for identifying wages and salaries for the employees who are promoted. The company
will define promotion as the upward movement of an employee from one class to another
class having higher salary.
The company will use vertical promotion wherein the employee is promoted from
a lower class to a higher class which involves an increase of salary, status, responsibility
and authority.
The bases of promotion are the following:
I. Merit
When the promotion takes place on the basis of an employee’s
performance in the current job, it will be done on the basis of his skills,
knowledge and ability.
II. Punctuality

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Having a perfect attendance and punctuality are into consideration because
it affects the performance of the employees. The laziness of an employee during
work would raise a possibility that the production will get slower.
III. Professionalism
It is the good judgment, skill and polite behavior that will be expected
from an employee who is trained to do a job well. Professionalism should be
observed in every worker.
IV. Discipline
Employees who will always follow and comply to the rules and
regulations of the company shall also be recognized.
2.4.6 Outsourcing Policy
MaSACCA Inc. adopted a policy for outsourcing to fill up organizational
positions that are not available internally. Outsourcing is the hiring of employees
through employment agencies to perform activities on a continuous basis.
Services ought to be outsourced by the organization include janitorial and
maintenance services and security services. The terms and conditions governing the
contract between the company and the service provider should be carefully define in

67
written agreements and verified by company’s legal counsel on their legal effect and
enforceability.
The contract should be sufficiently flexible to allow company to retain an
appropriate level of control over the outsourcing and the rights to interview with
appropriate measure to meet legal and regulatory obligations.
Criteria for selecting an outsourcer:
 Company’s reputation and history;
 Quality of services provided to other customers;
 Number and competence of staff and managers;
 Financial stability of the company and commercial record;
 Retention rates of the company’s employees;
 Quality assurance and security management standards currently followed
by the company
Responsibilities of Agency workers are as follow:
 Required to submit the alcohol and drug testing
 Comply with the company policy and regulation
 Report impairment that affects the ability to perform safe and sensitive in
workplace.
2.4.6.1 Contract and Confidentiality Agreements

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Contract Agreement
Employees are prohibited to engage in outside employment while
the under employment contract with MaSACCA Inc. especially when it
interferes with their primary job and creates conflict of interest.
Confidentiality Agreement
Employees are expected to demonstrate respect by following to
company’s non-disclosure agreement.
This agreement includes but not limited to:
 Company’s plans objectives
 Employee and corporate records
 Corporate transactions
 Company’s manufacturing procedure
 Other similar records and information
Any employee who will fail to comply with this agreement shall be:
Subject to disciplinary sanctions, up to and including termination
of employment, whether he or she did actually benefit from the said
records and information disclosed.

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2.4.7 Attendance Policy
Employees will be expected to work and come on time as scheduled.
Attendance is important for it is one of the bases for promotion. Each and every
employee must follow their working schedule provided by the company to ensure
tolerable staffing and to meet expected productivity standards. Attendance will be
monitored using biometric system.
The following are policies that employees should comply:
 Perfect Attendance
Perfect attendance will not be absolutely necessary for most jobs.
Employees have the right to take time off for various reasons, whether they
are sick, or simply going on a short vacation. That being said, it never hurts to
have an employee show up every day for a long period of time.
 Absence
An employee will be assumed to be absent if he/she failed to report on
work as scheduled and such incident was not supposed in advance as required
by organization notification procedure. An employee who wishes to have time
off shall notify his/her immediate supervisor or higher authority, whichever is
appropriate, ahead of time.

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 Tardiness
As employee will be assumed to be tardy when he/she fails to report
an assigned work area and to start work at his/her scheduled time, including
returning from breaks and meal periods; leaves work prior supervisory
approval; and takes an extended meal or break period without approval.
2.4.7.1 Leave of Absence
A leave of absence will be sanctioned by the company depending on the
need of the employer and the impact that his/her absence shall create on his/her
duty. MaSACCA Inc. provides their employees with the following leave benefits:
 Maternity Leave
60 days with pay for normal delivery and 7 8 days for caesarean
delivery are given to female employees. All social Security System members
are entitled for this benefit if she has paid at least three (3) monthly
contributions during the 12-month period that immediately follows the
preceding semester of childbirth or miscarriage. The benefit could be availed
of by married or unmarried woman.

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 Five day Incentive or Service Incentive Leave
Employees of MaSACCA Inc. who have redeemed at least one year of
service must be given SIL, exceptions however apply as provided in article 95
of the Labor Code.
 Paternity Leave
Seven days with full benefits is given to married male employees for
the first deliveries of his legitimate spouse.
 Vacation Leave
This is a 5-day vacation leave with a pay but should be filed two
weeks before the said leave. This is not convertible to cash.
 Sick Leave
An employee is given five days sick leave with pay but he/she
should present applicable documents about the sickness.
 Bereavement Leave
They provide a week long leave with pay for those employees who lost
an immediate member of a family.
 Emergency Leave

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A five day emergency leave with pay is given to employees who went
on leave without prior approval due to unavoidable circumstances.
Taking a leave of absences after five days without prior notice and
approval of the company is considered as an abandonment of work and
voluntary withdrawal from employment and thus, privileges and benefits are
automatically forfeited.
2.4.8 Salaries and Wages
All increases in salary and wages are granted only if adequate funds
budgeted and available. Salaries and wages are classified by position based on
experience, responsibility, and physical and mental demands. Management
reviews on salary ranges once a year and makes any adjustment deemed
necessary.
All employees are paid on the 10th and 25th of the month. In the event that
a regular scheduled payday falls on a day off such as weekend and holiday,
employees will receives pay on the last day of work before the regular scheduled
payday.
As of payment of salaries and wages, the employees may receive their
salaries via Automated Teller Machine (ATM) of the partner bank. As for
outsourced employees, the outsourcing agency is the one responsible to distribute

73
their salaries. The corporation will remit the whole payment for the outsourced
employee and agency fee.
2.4.8.1 Benefits
As a matter of corporate policy, MaSACCA Inc. will adhere to the strict
compliance with all applicable local and national laws of the country where it
operates. Statutory benefits are those which are provided under social legislation
such as the Security Social System (SSS) law, Philippine Health Insurance
Corporation (PhilHealth), Employee Compensation and Home Development
Mutual Fund (Pag-IBIG). These are provided for the protection of the employees
and their dependents in the event that the former is unable to report for work by
reason of sickness, disability, old age or death.
As a general rule, social legislations benefits will only be enjoyed by the
employee upon payment of the required premium contribution for the prescribed
period of time. While the benefits are for the employees, the employer is
obligated to pay a large part of the employee’s contribution.
I. Social Security System (SSS) Benefits
All benefits under SSS law may be availed if the required number
of contributions has been satisfactory complied with. The monthly
contributions will be based on the compensation of members. The current

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SSS date is 11% of the monthly salary credit not exceeding P16,000 and
this is being shared by the employer (7.37%) and the employee (3.63%).
Late payments of contributions will result to penalties and delays
in the processing of the benefits and loans. Employer must pay your
contributions and member loans monthly in accordance with the
prescribed schedule of payments.
The SSS minimum monthly contribution is Php 110.00. Its benefits
included the following:
o Loans (Member, Housing and Business Loan)
o Social Security Benefits (Sickness, Maternity, Disability,
Retirement, Death and Funeral)
o Employee’s Compensation
II. Home Development Mutual Fund (Pag-IBIG Fund Benefits)
Home Development Mutual Fund (Republic Act. 7835) is also
known as Pag-IBIG Housing Development Program. This entitles
employees to avail of a Housing Loan, Calamity Loan, and Multi-Purpose
Loans that aim to provide financial assistance to their needs at the lowest
interest and payable for up to 30 years.

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The Pag-IBIG minimum monthly contribution required to pay Php
100.00 and benefits included the following:
 Saving/Provident Benefits Claim
 Short term loans
 Multi-purpose loans
 Calamity loan
 Housing loan
 Home Insurance
III. Philippine Health Insurance Corporation Benefits
PhilHealth is a medical insurance company that provides financial
assistance for inpatient and outpatient hospitalization, as well as for
patients that is undergoing prolonged hospitalization and expensive
treatments. All employees are required to contribute a certain amount of
payment that is based on Republic Act 7875. Members may enjoy health
and hospitalization subsidies.
Monthly contributions are based on actual employee’s monthly
salaries and in the contribution table provided by the insurance company.
However, these benefits are subjected to the following conditions:
 Members of his legal dependents must be confined in a hospital due to
illness or injury requiring confinement and has paid at least three months
contributions within 12-month period immediately.

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 Confinement must not be less than 24 hours and not more than 45 days in
any year. Any unused room and board allowance for any year is not
carried over the following year thereafter.
2.4.9 Drug and Alcohol Policy
A drug and alcohol policy provides a framework to address drug and
alcohol issues in a supportive way while complying with responsibilities in
relation to health and safety. MaSACCA Inc. will provide a workplace that is
drug and alcohol free.
The company’s objective is to develop a drug and alcohol-free workplace
which will insure a safe and productive workplace for our employees. Any
individual who conducts business for or on behalf of the Company or who is on
Company premises is covered by this drug and alcohol-free workplace policy.
This policy applies during all working hours, at any time while conducting
Company business, while representing the Company and while on Company's
Premises. For those reasons, the following rules will be strictly implemented:
No employee or worker shall:
 Being impaired by alcohol/drugs while at work.
 The possession or use of illicit drugs on Company premises, at
Company worksites, or in Company vehicles.

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 Sell or trade any alcoholic beverages, illegal drugs, drug paraphernalia
or any other illegal intakes on company premises or in company
property.
 Possessing or consuming alcohol.
In addition, employees who refuse to cooperate in required tests or who
use, possess, buy, sell, manufacture or dispense an illegal drug in violation of this
policy will be terminated. If the employee refuses to be tested, yet the company
believes he or she is impaired, under no circumstances will the employee be
allowed to drive him or herself home.
2.4.10 Smoking Policy
Smoking is strictly prohibited within all company work areas and public
spaces including conference rooms, private offices, reception areas, restrooms,
stairwells, hallways and work stations, as well as all other enclosed areas. This
policy applies to all employees, clients, contractors and visitors.
The aim of this Policy is to encourage a healthier and more productive
environment to work in and also to avoid conflict in the workplace. If an
employee does not comply with the Policy on Smoking in the Workplace or
smokes in circumstances where he or she is not permitted to do so, this shall
constitute misconduct on the part of the staff member and appropriate disciplinary

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action shall be taken in terms of the MaSACCA Disciplinary Policy and
Procedures.
2.4.11 Telephone and Computer-Used Policy
MaSACCA Inc. promotes technology, networks and internet usage that
enables employees to perform company missions and encourages its employees,
volunteers, and contractor personnel to develop internet skills and knowledge.
However, employees should limit their personal use of the telephone and
computer during office hours because telephone and e-mail systems are provided
by the Company at its expense for business use, all messages sent by or received
on those systems are company documents.
The Company reserves the right to access and to disclose the messages
that you send or receive on the voice mail or e-mail systems. Employees should
also be aware that “deleted” messages from the computer screen may not actually
be deleted from the e-mail system. Employees who abuse this policy are subject
to disciplinary procedures up to and including discharge.
Employees who do not require access to the internet as part of their
official duties, may not access the internet using Company facilities under any
circumstances. It is expected that employees will use the Internet to improve their
job knowledge; to access scientific, technical, and other information on topics

79
which have relevance to the Company; and to communicate with their peers in
other companies.
2.4.12 Dress Code Policy
MaSACCA Inc. expects employees to dress appropriately in business
attire. Because work environment sees frequent visits from customers, clients, and
the public, professional business attire is essential for our reputation. The
formality of our business attire makes clients and customers feel that they can
trust our judgment and recommendations. Customers make decisions about the
quality of our products and services based on their interaction with you.
Any employee who will not meet the attire or grooming standards set by
his/her department will be subjected to corrective action and may be asked to
leave the premises to change his/her clothing.

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Figure 2 Required Dress Code (Office Workers and Production Workers)
*Dark blue colored production uniform is for the operational managers only. Orange
colored uniform is for the workers only.
These are the guidelines to be followed:
 All employees must be clean and well-groomed. Grooming styles dictated
by religion and ethnicity aren’t restricted.
 Production workers shall wear their uniform during their work.
 Office employees shall wear the prescribed company’s office uniform.
 Clothes that are typical in workouts and outdoor activities are not allowed
 Proper business attire for men includes suits, sports jackets, and pants that
are typical of formal business attire at work.
 For women, business attire includes pant and skirt suits and sports jackets
appropriate to a formal business attire environment.
In the case of the employee violates the policy, their supervisor should
reprimand them. The employee should start respecting our dress code
immediately. In some cases, supervisors may ask employees to returning home to
change.

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2.4.13 Performance
All employees must render their duties and responsibilities as well as
protecting the company’s reputation. Employee’s objectives should be reflected to
the company’s mission, vision and plans. Each employees should also ensure that
they work effectively and efficiently to provide the best for the customers.
2.4.14 Personal Misconduct
MaSACCA Inc. expects employees to observe acceptable standards of
behavior. Employees must not engage in behavior that amounts to misconduct
including serious misconduct at the workplace. This includes where employees
are working on site or off-site, attending a work-related conference or function, or
attending a client or other work-related event, including retreats and social events.
The company may discipline an employee who engages in unacceptable
behavior. The purpose of this policy is ensure that employees are aware of
behavior that could amount to misconduct and that all relevant parties are aware
of MaSACCA's policy for dealing with misconduct. It applies to all employees of
the company.
Where an employee engages in misconduct or alleged misconduct, the processes
in this policy will be followed.
Behavior amounting to misconduct includes, but is not limited to, the following:

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 failing to obey lawful and reasonable instructions of the company
 failing to follow defined policies, procedures and rules;
 failing to share relevant information with the company
 unacceptable disruptive behavior;
 Unauthorized absence from the workplace and repeatedly being late for
work without lawful excuse.
Whether misconduct amounts to serious misconduct depends on the
particular circumstances of a given case. Supervisors/managers should consider
the circumstances fully as they apply to the particular employee when
determining whether or not the employee has engaged in conduct that could be
considered serious misconduct.
Behavior amounting to serious misconduct includes, but is not limited to:
 Willful or deliberate behavior that is inconsistent with the employee's
contract of employment;
 Theft;
 Fraud;
 Assault;
 Intoxication at work;
 Use of derogatory, violent or abusive language;

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 Fighting;
 Failure to observe safety rules;
 Concealment of a material fact on engagement;
 Obscenity;
 Dishonesty in the course of the employment; and
 Criminal conduct including conduct that, if proven, renders the employee
completely unfit for work.
2.4.15 Termination/Resignation
MaSACCA Inc. is committed to creating a working environment that will
encourage employees to become long-standing employees and possibly to remain
with the company until their retirement.
This policy sets out Company's employees' entitlements where their
employment ends by reason of their resignation or retirement from company. This
policy also sets out processes to be followed by company and employees who are
ending their employment by reason of resignation or retirement. It applies to all
prospective or current employees of the company in regards to possible separation
of employment.
When an employee resigns or retires from their employment with the
company, the employee is entitled to be paid in respect of the accrued but unused

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annual leave and long service leave entitlements. Personal/career's leave and
compassionate leave cannot be cashed out on termination of employment.
Employees who are resigning or retiring from their employment will
therefore be invited to attend an exit interview.
2.5 Offenses and Violations
2.5.1 Attendance
Table 1
Violation regarding Absences
Violations 1st Offense 2nd Offense 3rd Offense 4th Offense
1. Absence Without
3 days
Official Leave Written
Oral Warning suspension Termination
(AWOL) Reprimand
without pay
3 days
2. Habitual Absences Written
Oral Warning suspension Termination
Reprimand
without pay
3. Abandonment of 3 days
Written
work Oral Warning suspension Termination
reprimand
without pay
4. Unexcused
tardiness or early 3 days
Written
leave — 3-5 times Oral warning Suspension
Reprimand
per month without pay

85
5. Habitual tardiness
3 days
or early leave — 6 Written
suspension Termination
or more Reprimand
without pay
2.5.2 Uniform
Table 2
Violation regarding Uniform
Violation 1st Offense 2nd Offense 3rd Offense 4th Offense
1. Not wearing proper / 3 days

Oral Written
non-usage of uniform suspension
Warning Reprimand
without pay
2. Improper / non-usage of
3 days
safety gears inside the Oral Written
suspension
production Warning Reprimand
without pay
3. Not wearing
3 days
Identification card inside Oral Written
suspension
the company warning Reprimand
without pay

86
2.5.3 Violation of Work Standards
Table 3
Violation regarding Work Standards
Violation 1st Offense 2nd Offense 3rd Offense 4th Offense
1. Spending of
money from
Termination
customers
2. Falsification of
employee record Termination
3. Disrespect co-
employees, 3 days 10 days
Written
management and suspension suspension
Reprimand
customers without pay without pay
4. Engagement of
employees to
10 days
other company of Termination
suspension
the same business
5. Participating in
any fight during
working hours 3 days 10 days
inside and out the suspension suspension Termination
company’s without pay without pay
premises
2.5.4 Criminal Offense
Criminal offense is an act, harmful not only to some individual but also to
the whole organization. Someone who will make these kind of offenses will
subject to termination:

87
 FRAUD – It involves deceiving someone for monetary gain
 EMBEZZLEMENT – Misappropriation of funds placed in one’s
trust or belonging to one’s employer
 TAX EVASION –It can range from simply filing tax forms with
false information to illegally transferring property so as to avoid
tax obligation.
2.5.5 Disciplinary Actions
Oral Warning
At the first offense of the employee he/she naturally receive a verbal
warning. It involves meeting with the employee and advises what rule did he
violates. Oral warning is a part of disciplinary action of the company.
Written Reprimand
If an oral writing was given and the problem still continues, a written
reprimand/warning may be given. It is a formal notification in writing to the
employee that he/she has violated a rule and/or regulation inside or outside the
company’s premise.

88
Suspension without pay
If the employee still continue its unpleasant behavior he/she will be
suspended from his work for 3-10 days, depends on the level of his/her violation,
without pay. Length of a suspension without pay will be influenced by policy or
contract requirements.
Termination
At the 4th offense the employee will be terminated from its job. It is where
the employer chooses to require the employee to leave, generally for a reason
which is the fault of the employee

89
Job Position No. of Employees Per Month 13th Month Pay Per Year
2.6 Projected Salary
General Manager 1 23,000.00 23,000.00 299,000.00

Agriculture Engineer 1 15,000.00 15,000.00 195,000.00
General Accountant 1 17,000.00 17,000.00 221,000.00
Accounting Assistance 1 12,000.00 12,000.00 156,000.00
Cashier 1 8,000.00 8,000.00 104,000.00

Human Resource Analyst 2 12,000.00 12,000.00 156,000.00
Sales Analyst 1 11,000.00 11,000.00 143,000.00
Market Research Analyst 1 11,000.00 11,000.00 143,000.00
Workers 8 8,000.00 8,000.00 104,000.00
Quality Assurance 2 9,000.00 9,000.00 117,000.00
TOTAL 126,000.00 126,000.00 1,638,000.00

The table below shows the projected salaries of the employees for five year:
90
General Manager 1 23,000.00 23,000.00 299,000.00
Cashier 1 8,000.00 8,000.00 104,000.00

Sales Analyst 1 11,000.00 11,000.00 143,000.00
Workers 8 8,000.00 8,000.00 104,000.00
TOTAL 126,000.00 126,000.00 1,638,000.00

91
Job Position No. of Employees n 13th Month Pay Per Year
General Manager 1 23,690.00 23,690.00 307,970.00
Cashier 1 8,240.00 8,240.00 107,120.00

Sales Analyst 1 11,330.00 11,330.00 147,290.00
Workers 8 8,240.00 8,240.00 107,120.00
TOTAL 129,780.00 129,780.00 1,687,140.00

92
Job Position No. of Employees n 13th Month Pay Per Year
General Manager 1 23,690.00 23,690.00 307,970.00
Cashier 1 8,240.00 8,240.00 107,120.00

Sales Analyst 1 11,330.00 11,330.00 147,290.00
Workers 8 8,240.00 8,240.00 107,120.00
TOTAL 129,780.00 129,780.00 1,687,140.00

93
General Manager 1 24,400.70 24,400.70 317,209.10

Cashier 1 8,487.20 8,487.20 110,333.60
Sales Analyst 1 11,669.90 11,669.90 151,708.70
Workers 8 8,487.20 8,487.20 110,333.60
TOTAL 133,673.40 133,673.40 1,737,754.20

94
2.7 Strategic Plan
The table below shows the strategic plan from pre-operating year up to 2023:
2.7.1 Strategic plan for 2019
2019
Key Performance
Timeline Objectives Activities Lead Person Budget
Indicator
Distribution of Coordinate with Provincial
To launch the advertisement Office of Department of
business and paraphernalia Agriculture in three Marketing
January-March 15,000.00
establish about the provinces for their Manager
trademark company and the upcoming seminars for
importance of it farmers
Execution of
May-June corporate social- Feeding Program At least 500 children H/R Head 15,000.00
responsibility
Employees will produce

To enhance
Development and satisfying amount of output General
July-September employee 25,000.00
Training as to the goal of the Manager
productivity
production
To advance
Employees will be more
employer- H/R
October-December Team Building engaged and driven in 40,000.00
employee Supervisor
working inside the company
relationship
2.7.2 Strategic Plan for Year 2020

95
2020
Key Performance
Indicator
Distribution of calling
To launch the cards in municipal At least 10 phone
business and agricultural office's calls and 5 views of Store
establish seminars and social media page per Supervisor
trademark mainting social media day
pages
Employees will be
To enhance
participating General
May-June employee Company Retreat 30,000.00
enthusiastically in Manager
productivity
every activities
Execution of Collected at least 3

Clean and Green
July-September corporate social- trucks of garbage in HR Head 10,000.00
Program
responsibility the designated are
Giving discount to
To attain desired Increase in sales Marketing
October-December customers (subject to 15,000.00
sales growth revenue by 6% Manager
terms and conditions)

96
2021
Key Performance
Indicator
To maintain Customer loyalty Increase number of General

loyal customers awards customers Manager
Execution of At least 800 seedlings

May-June corporate social- Tree Planting will be planted on the H/R Head 25,000.00
responsibility designated area
The rate of
To enhance productivity of the
Giving incentives to General
July-September employee company would 300,000.00
the employees Manager
productivity increase at least by
3%
To come up The newly formulated

Formulation of Agricultural
October-December with another organic fertilizer will 100,000.00
organic fertilizer Engineer
product be proven effective

97
2022
Key Performance
Indicator
Distribution of
To offer the new
advertisement of the The rate of sales will Marketing
January-March product to the 15,000.00
new product to the increase by 5% Manager
customers
customers
To improve Establish new Managers of

Meetings and
May-June organization's strategies to work on different
Evaluation
effectiveness different departments departments
10,000.00
All employees must

To enhance
be at the event General
July-September employee Family Day
together with their Manager
productivity
families
30,000.00
Execution of Gift giving to kids At least 200 of

October-December corporate social- foundations (clothes, children received the HR Head 50,000.00
responsibility toiletries and slippers) provided gift package

98
2023
Key Performance
Indicator
To maintain Rate of sales will Marketing

January-March Promos 300,000.00
loyal customers increase by 10% Manager
Execution of At least 300

May-June corporate social- Medical Missions participants received HR Head 300,000.00
responsibility the provided services
All of the products

Quality
To improve are monitored for
July-September Quality control Assurance 10,000.00
process excellent quality for
Manager
trade
Free sack or bottle of

Continuosly
organic fertilizer Rate of sales will Marketing
October-December attain salesn 30,000.00
(subject to terms and increase by 10% Manager
growth
conditions)

99

Feasibility Study of MaSACCA Inc Organic Fertilizer Business

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LYCEUM OF THE PHILIPPINES UNIVERSITY CAVITE

A Feasibility Study Presented to

The Faculty, College of Business Administration

Lyceum of the Philippines University – Cavite Campus

In Partial Fulfilment of the Requirements of the degree

Bachelor of Science in Business Administration Major in Management

Agana, Angelika Saira M.

Bagos, Cherry Vale V.

Labitag, Ma.Angelica Micah S..

Oyardo, Anna Liza C.

COLLEGE OF BUSINESS ADMINISTRATION i

COLLEGE OF BUSINESS ADMINISTRATION i

This Feasibility Study entitled MaSACCA INC. prepared and submitted by

Mr. Luis Llarena III, CPA, MBA

COLLEGE OF BUSINESS ADMINISTRATION ii

ideas to the conceptualization of this research.

cooperation and participation of the following:

in doing this project.

interview and monotorious efforts.

They are very grateful for this wonderful accomplishment.

COLLEGE OF BUSINESS ADMINISTRATION iii

This is to certify that the research manuscript entitled:

Angelika Saira M. Agana ___ Cherry Vale V. Bagos______

Antonia H. Barrantes___ __Chester E.Geda____

Ma. Angelica Micah S. Labitag ___Anna Liza C. Oyardp_____

Mr. Luis Llarena III_________ Date signed: _____________

COLLEGE OF BUSINESS ADMINISTRATION iv

COLLEGE OF BUSINESS ADMINISTRATION iv

Certificate of English Critic

This is to certify that the research manuscript entitled:

ANGELIKA SAIRA M. AGANA CHERRY VALE V. BAGOS

ANTONIA H. BARRANTES CHESTER E. GEDA

MA. ANGELICA MICAH S. LABITAG ANNA LIZA C. OYARDO____

For the degree Bachelor of Science in Business Administration Major in Management

English Critic’s Signature Over Printed Name (mm/dd/yy)

COLLEGE OF BUSINESS ADMINISTRATION v

COLLEGE OF BUSINESS ADMINISTRATION vi

MaSACCA Incorporation is dedicated in providing the highest quality of products

a valuable atmosphere to the employees who contributes to an effective and efficient

The Company and Management

MaSACCA Incorporation is incorporated and based in the city of General Trias,

MaSACCA Incorporation’s organic fertilizer with a tag “A Healthier Soil for a

Happier Soul” is made from a substantial decomposition of raw materials chicken

COLLEGE OF BUSINESS ADMINISTRATION vi

Our Competitive Advantage

needed nutrients offered at an affordable and reasonable price. Furthermore, based on

Start - up Financing Requirement

requirement and working capital.

COLLEGE OF BUSINESS ADMINISTRATION vi

CERTIFICATE OF ENGLISH CRITIC v

TABLE OF CONTENTS vii

Chapter I: Legal and Taxation Aspects 1

1.1 Registration with Government Agencies 1

1.1.1 Securities and Exchange Commission (SEC)

1.1.2 Barangay Clearance

1.1.3. Mayor’s Permit

1.1.3.1 Business Permit

1.1.3.2 Sanitary Permit

1.1.4. Bureau of Internal Revenue (BIR)

1.1.5 SSS, PhilHealth and PAG-IBIG Fund Registration

1.1.5.1 Social Security System (SSS) Registration

1.1.5.2 PhilHealth Registration

Angelika Saira M. Agana _ Cherry Vale V. Bagos____

Antonia H. Barrantes_ Chester E.Geda____

Ma. Angelica Micah S. Labitag _Anna Liza C. Oyardp___

Mr. Luis Llarena III_ Date signed: _____