Electroparts Manufacturing Inc
A Case Study on Electroparts Manufacturing, Inc.
MGT 12 – G
Group 1
Aseñas, Earl Adrian
Buenavista, Gil J.
Dineros, Georgette Mae P.
Lu, Christine Y.
Refamonte, Nathalie
Tubat, Divina Mari A.
February 28, 2014
I. CENTRAL PROBLEM
How will EMI manage the increase in wages while maintaining profitability?
II. MINOR PROBLEMS
1.) How can EMI take the new law into account in their waging and pricing system?
2.) How can EMI increase productivity to cope with the increasing demand?
III. Alternative Courses of Action (ACA)
A. Train employees to improve performance
B. Place quota for overtime per employee
C. Acquire new equipment to aid in productivity
D. Raise the prices of the products
E. Acquire new equipment AND raise the prices of the products
IV. Advantages and Disadvantages of Each ACA
A. Train employees to improve performance
Advantages:
Improves employee’s performance.
Employees become more efficient and effective. They are more knowledgeable of the work processes.
Increases productivity resulting in increase of sales.
Disadvantages:
Trainings result in more expenses.
There would be less time for work.
B. Place quota for overtime per employee
Advantages:
This will encourage employees to work more during regular hours.
Since the amount of time is limited, employees will work at normal or faster work-speeds. This will lessen the possibility of abusing overtime pay.
Costs from overtime payments will decrease.
Disadvantages:
There is a possibility of production lag due to less overtime.
C. Acquire new equipment to aid in productivity
Advantages:
Faster production and demands will be met.
More effective than humans.
Creates higher quality products.
Workers could focus more on tasks that require manual labor.
Disadvantages:
Costly.
May incur greater electricity expenses.
Machines will be obsolete overtime.
D. Raise the prices of the products
Advantages:
It will increase the net income of the corporation.
It will
MGT 12 – G
Group 1
Aseñas, Earl Adrian
Buenavista, Gil J.
Dineros, Georgette Mae P.
Lu, Christine Y.
Refamonte, Nathalie
Tubat, Divina Mari A.
February 28, 2014
I. CENTRAL PROBLEM
How will EMI manage the increase in wages while maintaining profitability?
II. MINOR PROBLEMS
1.) How can EMI take the new law into account in their waging and pricing system?
2.) How can EMI increase productivity to cope with the increasing demand?
III. Alternative Courses of Action (ACA)
A. Train employees to improve performance
B. Place quota for overtime per employee
C. Acquire new equipment to aid in productivity
D. Raise the prices of the products
E. Acquire new equipment AND raise the prices of the products
IV. Advantages and Disadvantages of Each ACA
A. Train employees to improve performance
Advantages:
Improves employee’s performance.
Employees become more efficient and effective. They are more knowledgeable of the work processes.
Increases productivity resulting in increase of sales.
Disadvantages:
Trainings result in more expenses.
There would be less time for work.
B. Place quota for overtime per employee
Advantages:
This will encourage employees to work more during regular hours.
Since the amount of time is limited, employees will work at normal or faster work-speeds. This will lessen the possibility of abusing overtime pay.
Costs from overtime payments will decrease.
Disadvantages:
There is a possibility of production lag due to less overtime.
C. Acquire new equipment to aid in productivity
Advantages:
Faster production and demands will be met.
More effective than humans.
Creates higher quality products.
Workers could focus more on tasks that require manual labor.
Disadvantages:
Costly.
May incur greater electricity expenses.
Machines will be obsolete overtime.
D. Raise the prices of the products
Advantages:
It will increase the net income of the corporation.
It will