Preview

GINTONG HIYAS CASE STUDY

Good Essays
Open Document
Open Document
2138 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
GINTONG HIYAS CASE STUDY
GINTONG HIYAS CASE STUDY
I. Point of View

The point of view of the store manager, Elizabeth Santos is the one being considered in this case. Aside from being the one responsible for designing the store management systems and procedures for all the stores, she was also given the responsibility of managing two of the Hiyas stores. Taking Elizabeth Santos’ viewpoint would be appropriate in this particular case since she has the authority and knowledge regarding the management of the involved stores, and also it was under her management that the bonus incentive system was implemented.

II. Analysis of the Case Situation

The Santos family initially owned and managed a company that offered a line of handmade gold and other jewelry in Quezon City in 1968. As the years go by, the company decided to expand their business by opening four new outlets that were located in different parts of the city. The increase in the number of stores also demanded the expansion of the store staff and division of work among the owners in managing the sales outlets. This expansion was said to have created an array of new problems in the operations and supervision of all the five company outlets that have led them to the decision of closing the original store in Quezon City in 1989.

Elizabeth Santos eventually joined her family in the management of Gintong Hiyas, and was responsible for introducing some innovations such as a system for stock inventory taking and reconciliation, as well as a better bookkeeping and accounting system for each store and firm as a whole. She was also given the responsibility of managing two of the Hiyas stores, wherein she was able to implement a bonus incentive system that would motivate her employees to increase their sales that in return would improve the store profitability. The incentive system was said to have increased the employees' responsiveness towards their customers which was followed by a significant increase in the store sales. The employees'

You May Also Find These Documents Helpful

  • Powerful Essays

    Skadurz Pro

    • 1387 Words
    • 6 Pages

    The problems facing this organization are the retirement of Connie, the stores full time manager, as well as the stores two current locations. There is competition moving in across the street from the New Sudbury location, and the building that houses the South End location is up for sale. If St. Marseille decides to keep both locations, he does not think that he can manage both stores alone and would therefore need to hire a trustworthy manager since his full time manager is retiring. If St. Marseille decides to close one of the stores, which one should he close? The New Sudbury location where West 49, there competition is moving in across the street or the South End location where the building is up for sale and there is no indication that the new owner will keep St. Marseille as a tenant.…

    • 1387 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Henson Case

    • 1072 Words
    • 5 Pages

    2. The next step is to calculate the amount of bonus for each store manager assuming that the total bonus pool for all store managers is divided into sub-pools, one sub-pool for each of the reliable measures as determined in part 1 above.…

    • 1072 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    The store opened in Del Mar is not performing as expected. The reason the store has not been performing as well as the other locations is due to the population in Del Mar. The city is not big enough to support…

    • 386 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ethics in Cost Control . (Exercise 1-9) Zoya Arbiser, regional manager of Gold Medal Sports Shops, is reviewing the results of 15 stores in her region. Store managers are moved annually. Each store manager's income is very dependent on the direct contribution margin of that store. For the past year, Store 9 has been managed by a person who has operated several other profitable stores in recent years and is about to be promoted to a larger store. Zoya notices several items that bother her.…

    • 674 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Hae Min Lee Case Study

    • 1117 Words
    • 5 Pages

    The U.S., leads the world in incarceration rate at around 2 million people in jail or prison. Currently, the false conviction rate is around 1 percent. With approximately 2 million in prison that would make 20,000 people locked up for crimes they didn't commit. This is the case for Adnan Syed being falsely imprisoned for the death of his ex girlfriend Hae Min Lee. Miss Lee went missing on January 13, 1999 after reportedly being seen with Adnan. Approximately three weeks later, her body was found in Leakin Park. At that point, Adnan was arrested and convicted due to key witness Jay Wilds who told the police everything they needed to build the case against him. While the prosecution argued that Adnan was jealous and vengeful, he just claimed…

    • 1117 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Fast Fit Case Study

    • 1580 Words
    • 7 Pages

    b) What are three important uses of this information at the store by the store manager and by headquarters management – a total of six uses?…

    • 1580 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Tanglewood Case 2

    • 1369 Words
    • 6 Pages

    For the store manager group, you will analyze the information and prepare a report showing the results of the Markov analysis and the EEO investigation. The Director asked you to address these questions in your written report:…

    • 1369 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    John D. Rockefeller an oil tycoon and an investment mogul, he invented a new type of fuel for lamps called kerosene, formed an oil company called Rockefeller and Andrews, and his way of making profits was reinvesting the money he made back to the company. Later, Rockefeller formed a company called Standard Oil, the company quickly successful because he was in a good economic conditions and keeping margins high. He bought out all of his competitors, and he would make improvements, more efficient and profitable. He was a philanthropist in his later life. He donated his money into education, medicine, and the arts. In this way, he changed the public’s view big businesses and their leader.…

    • 116 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    2. What seemed to be the main causes of the misunderstandings? The struggle to cover up the real reason for not granting the bonus to the employees. And, the argument in which the owner stated was not a truthful conclusion.…

    • 471 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Case 3 Hallstead Jewelers

    • 1754 Words
    • 30 Pages

    Hallstead Jewelers was one of the largest jewellery and gift stores in the United States for 83 years. Customers came from throughout the region to buy from extensive collections in each department. Any gift from Hallstead’s had an extra cache attached to it as they were known for having the best. Even though the principal retail shopping areas shifted two blocks west, Hallstead’s reputation and selection still brought in customers.…

    • 1754 Words
    • 30 Pages
    Powerful Essays
  • Good Essays

    Denver Department Stores

    • 3150 Words
    • 13 Pages

    The details within the case description give us the main points, but our remedy for the company’s problems rely on some facts that are derived intuitively. These facts are in regards to the organization’s structure, employees, and management. As for the structure of management, we assume that Denver Department Stores is governed by…

    • 3150 Words
    • 13 Pages
    Good Essays
  • Good Essays

    3. The decision should be made by both Dalman and Lei as they are the top of the food chain within the company. The main portion of this decision should be in Dolman’s hands because he is basically replacing a portion of himself. If he does not find the best candidate for the position, he may be creating more work for himself. This would be because he’d be the person that would have to run interference between the store managers and the newly hired or promoted individual. Lei should…

    • 445 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Hcc Industries

    • 981 Words
    • 4 Pages

    Another problem was that they were too subjective and complex to communicate to the middle managers. As also the communication of the details of the plan were hindered at 2 divisions because managers didn’t want to unveil financial information out of fear that it would be leaked to the competition. This implies that none of the personnel knew their bonus potential and didn’t know on what specific base the bonus was based on.…

    • 981 Words
    • 4 Pages
    Good Essays
  • Good Essays

    * Individual store managers were given considerable decision-making authority in relation to product range, product positioning within store, and pricing. Decisions over pricing and merchandising were made either at head office or at regional offices.…

    • 650 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Mr. Mallari started his sales and repairs operating stores in big towns of San Juan City, Gapan, and Guimba to double his feat. After he met Mr. Estelito Chan, a former classmate who has a well-established appliance assembly plant in Manila, his business viewpoint has changed considerably. He wants to follow the footsteps of his friend.…

    • 851 Words
    • 3 Pages
    Satisfactory Essays

Related Topics