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Food and Beverage Manufacturing Industry Executive Summary The feed and beverage manufacturing patience is grounded on stable demand because of graduate(prenominal) population development rate and consistently higher family income storage allocation for food and beverage. In addition, there are emerging international markets, including China, which patroned decrease in trade deficit, from US$ 886 cardinal in 2002 to US$596 million in 2003. The vast resources of the Philippines make it a viable maker of food products. With suitable climate, fertile soil, and extensive labor, the country has a competitive advantage as a raw materials producer. The manufactures Gross Value Added (GVA) has change magnitude by 7% in 2003 or P110.75 billion pesos in constant 1985 prices. fiscal ratios of industry players, such as liquidity, leverage, profitability, and employment are expense looking at. The ratios were relatively good and relinquish for definitely help the players maint ain stability in the medium-run. The bankruptcy predictor locution (Altman Z score) showed that less than 20 step to the fore of the 214 samples progress to chances of confront downfall. There are a trope of issues that are pivotal to the industry. The increasing prices of petroleum in the Dubai and brent markets have greatly affected the mode of production. Prices of final products have increased, as well.

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

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