UNIVERSITY OF RIZAL SYSTEM
Binangonan, Rizal
College of Accountancy
The Establishment of Anime-Inspired
Party House in Angono, Rizal
Barnuevo, Hazel U.
Batuto, Ma. Ainna Christelle M.
Del Rosario, Mary Rozzalle P.
Chapter 2
MANAGEMENT, PROPONENTS, PERSONNEL AND ORGANIZATION
Management is the art and science of directing human effort to control the forces and utilize the materials of nature for the benefit of man. As a science, it is the systematic process of planning, organizing, leading and controlling productive resources such as manpower, money, machines, materials and methods. (Andres, 1997; Fajardo, 2005)
When used collectively, it refers to the group of people who are responsible and accountable for directing the work force and seeing to it that the organization meets its goals or objectives. (Lorenzana, 1998)
Management Complement and Supporting Professional Firms
During the Pre-Operating Period
The success of a business depends on the extensive researches and intensive planning. During the pre-operating period, the researchers will be conducting feasibility study to assess the technical, operational and economical merits of the business. Through this, the information about the profitability and the estimated cost related in establishing the business will be achieved.
Prior to the commencement of the business, the construction of the building will take place. Also in this period, the necessary permits and licenses will be obtained. After the construction, the furnishing of the building, purchasing supplies, inventories and equipments, and hiring and training of employees will then follow. In line with this, the outsourcing of suppliers and laborers for event management will be delegated.
During Operating Period
The success of a business’ operations depends on its key players. This will be primarily consisted of the general manager who