Professional Documents
Culture Documents
Terminal Year-End Report - Business Enterprise Simulation
Terminal Year-End Report - Business Enterprise Simulation
TERMINAL YEAR-END
REPORT
MARCH 2018 VOL. 1
Inside
A Message from the President
Management Review
Success Factors and Challenges
Significant Learnings
Socially Responsible Activities
Plans for the Future
UNSULLIED, CO. TERMINAL YEAR-END REPORT
Table of Contents
Acknowledgement 1
Management Review
2.1 Company In Brief 12
2.2 Financial Highlights 19
2.3 Performance Highlights 21
Significant Learnings 28
To our families, for believing in our vision and lending us financial and moral
support that we couldn’t have done without.
To our Practicum Adviser, Mr. Junnell E. Guia, for guiding us since the moment we
started conceptualizing the innovative product that our business would be centered on.
To our most valued and loyal clients, for their continued patronage and interest in
our products.
And last but definitely not the least, to the Lord, our God, for giving us the
knowledge, skills, strength, and opportunity to do this, and the countless blessings and
tireless guidance he bestowed upon us all throughout the business simulation. We could
not have done any of this without His light and His blessing.
Cheers!
With this, the team launched its debut product G-Bag, followed by a product diversification
with The OG. G-Bag is a water-resistant, pouch-like invention, small enough to fit within a standard
sized backpack, crafted for sanitary usage. Specifically, it is intended to be the go-to bag where
consumers can place their dirty clothes, shoes, or miscellaneous items that should not be mixed with
other contents within a backpack. In the same line, The OG is a water-resistant, innovated drawstring
bag designed to be large enough to have three compartments that separate clean clothes, dirty
clothes, shoes and others. Two of the compartments have ventilation pockets to air out foul odor that
could originate from dirty clothes and shoes. In designing the products, the team made sure that they
did not veer away from the critical factors of hygiene and convenience, as without this, the products
would be no different from the ones already in the market.
It is with fondness that I recall how we came up with the idea that the company is founded on.
Whenever we participated in sports and exercise that required a change of clothes, most especially
swimming, we would use plastic bags to store our wet or dirty clothes and lug around a separate bag
for these items. Discovering that plastic bags do not only harm the environment, but also breed a lot
of bacteria that could be harmful to one’s health, we were motivated to think of an alternative, thus,
the idea of Unsullied, Co. products that replace the use of plastics, do not compromise the lifestyle of
its users, deliver security in sanitation, and make things convenient for the users.
On behalf of the team, I can say that it has truly been an excellent experience like no other to
have let us know that we can make a change in the world with what we do best, being entrepreneurs.
Realizing that in our own way, we have contributed to solving societal problems in line with the UN
Sustainable Development Goals 2030 of (1) good health and well-being, (2) clean water and sanitation,
(3) industry, innovation, and infrastructure, (4) responsible consumption and production, (5) climate
action, (6) life below water, and (7) life on land have greatly humbled and inspired us for our future
endeavors as productive and concerned citizens of the world.
COMPANY PRODUCTS
Eira P. Ong
CEO & President
G-BAG THE OG
Debut Product Diversified Product
Performance
Highlights
4 PERFORMANCE HIGHLIGHTS
Corporate Objective Overall Performance
To deliver quality products that continuously Unsullied, Co. was able to deliver two
prioritize sanitation and convenience and in product types, namely the G-Bag and The
the process, gain more than 100% return of OG, which were both designed with the
investment. company’s positioning, vision and mission in
mind. Moreover, the company sold a total of
99 units of G-Bag and 60 units of The OG
from a total production of 100 G-Bags and
61 The OGs.
Sales Objectives
To encourage members of the team or the
department to participate in various trainings every
year to enhance interpersonal and communication
skills;
6 PERFORMANCE HIGHLIGHTS
Finance Objectives Finance Performance
To ensure that the company has complied with Maintenance of a functional budget that did
all legal requirements such as registrations and not call for financing through debt.
licenses prior to the onset of the business;
No losses due to robbery because of the use
To record and report accurate financial of a bank account for security.
information regarding the business’ operations to
shareholders over the course of the business; and
TESTIMONIALS
INFORMATION TECHNOLOGY
PRODUCTION/OPERATIONS
Employees’
participation in
workshops and
seminars provided
by the DLSU-SHS
administration and
faculty
Employees’
specialization
of studies in
Accountancy, Business
and Management
12 MANAGEMENT REVIEW
Our Vision
The burden of fretting about
hygienic concerns lifted from
every individual.
COMPANY IN BRIEF
Our Mission
To safeguard people in their
everyday lives, one high quality
product at a time.
Our Team
Marc Christopher G. Alelis
Finance and Production Officer
Eira P. Ong
CEO and President
Monique Ellenor L. Sy
Executive Assistant and
Operations Officer
Marc
Christopher
Alelis
The Finance Officer is
responsible for managing the
accounting process, taxes payable,
and the treasury of the firm. He is
also in charge of overseeing the
transaction processing systems
of the company, the issuance of
financial information, the review
of filings to be submitted with
the Securities and Exchange
Commission, ensuring that record
keeping meets the requirement
of auditors and government
agencies, monitoring cash
balances, and the arrangement
for debt and equity financing if
given the chance.
The Production Officer is
responsible for overseeing the
production process, ensuring
that the production process
is cost effective, and estimate
costs and set quality standards.
Furthermore, the Production
Officer is in charge with making
sure that goods and services
are made at the utmost quality,
manufactured correctly, and is in
line with the company’s expected
price per unit.
Mariah
Camille
Oliveros
The Marketing Officer is
responsible for coming up with
sales forecasts and for monitoring
the inventory and sales of the
company. In relation to this, she
designs promotional materials
to be used for online blasts
and announcements and for
decorative use during bazaars.
To further induce sales, she also
proposes promos such as bundle
promos and challenge promos.
The Information Technology
Officer is responsible for checking
on the online platforms of the
company to ensure smooth
operation. These online platforms
include the company website,
Facebook page, Twitter profile,
and Instagram account. To add,
she also designs the company
website and advises the other
members of the team on matters
related to these platforms.
Eira
Ong
The Chief Executive
Officer & President
is responsible for the
comprehensive management
and supervision of the
corporation in pursuance of an
increased return of capital for
the benefit of its shareholders.
To do this, she must coordinate
with all the members of the
management team to monitor,
seek updates, and understand
the developments in each
area; in this way, she can
better anticipate and address
problems and inconsistencies
that may hinder the company’s
performance. Should any
problem arise, the president
is also accountable along with
the direct officer in charge per
department. It is also her task
to ensure the establishment
of a culture of teamwork,
camaraderie, achievement,
punctuality and integrity for
the company.
Carla Sofia
Padilla
The Human Resource Officer
is responsible for recruiting different
people for different job positions, as
well as developing them by having
series of trainings and workshops
to enhance their skills as to help
achieve the organization’s goals.
She is in charge of monitoring
attendance in meetings, workshops,
trainings, and other activities held
within and outside the company,
and evaluating performance of the
employees through the necessary
reports and documents, making
sure that their responsibilities
are being fulfilled. She is also
responsible for the corporate social
responsibility (CSR) activities of the
company.
The Legal Officer is responsible
for making sure that the company
and its employees are compliant
with the laws and policies externally
and internally. She prepares the
necessary legal documents and
requirements for registration
(and in this case, dissolution) and
checks that all legal paperworks are
filled up and submitted to proper
authorities. She is also responsible
for initiating change in laws and
policies within the company as well
as overseeing its enforcement and
implementation.
Monique
Ellenor
Sy
The Executive Assistant
is responsible for providing
high-level managerial support
to the executive of a specific
company regarding situations
wherein the progress of a
business may be affected.
This position also includes the
necessary coordination with
both external and internal affairs
serving as the bridge between
the Chief Executive Officer or
President and the Board of
Directors under the different
departments. Furthermore, the
Executive Assistant is responsible
for recording the minutes of all
board meetings.
While as the Operating
Officer, she is responsible for the
success of the overall production
of the products of the company
as she is the main contact of the
supplier. Moreover, she oversees
the various operating activities
concerning resources, personnel
and logistics involved to ensure
its proper use and allocation for
the company to earn profit more
efficiently.
Financial Highlights
Financial Ratios
LIQUIDITY RATIOS
PROFITABILITY RATIOS
ASSET MANAGEMENT
Sales
G-BAG THE OG
Debut Product Diversified Product
A two-compartment A nylon drawstring bag featuring a
pouch with ventilation, mesh compartment in the front for
small enough to fit sandals and other dirty peripherals,
in a standard-sized a secret side compartment, and
backpack, aimed to mesh foam ventilation in the
be the perfect fitness bottom of the bag to aerate bad
companion. odours.
SALES Due to unexpected complications with the start of SALES The negative variances for the months of January
selling, Unsullied, Co. was unable to begin marketing and February were chalked up to the unwillingness
its product until November. Moreover, the significant of people to spend a lot of money after the
boost in sales in December was due to the Christmas Christmas season. However, the incorporators of
season. This impacted the drop in sales during the Unsullied, Co., in preparation for dissolution, were
months of February and March. able to sell all the units of The OG in March with
enough tenacity.
-27
-4
-24
+5
+37 -15
-17 +19
-21
Production Area
UNITS PRODUCED
September 0 0 0
November 0 0 0
December 0 0 0
February 0 61 +61
March 0 0 0
Zipper No Zipper No
Handle No Straps No
TOTAL: 7 kinds of RM
MARKETING AND The marketing department, with the help of the IT department, was
INFORMATION TECHNOLOGY able to make effective use of the availability of online platforms for advertising
purposes such as blasting of digital posters and product launching announcements.
The company amassed the most following in the platform, Facebook; moreover,
+ Effective advertising through customer inquiries were also entertained through the company Facebook page.
social media platforms, In addition, the marketing department came up with promos that further induced
especially Facebook sales such as the G-Bag bundle promo of a reduced price of Php 230.00 each if the
total purchase equates to five or more bags, the OG bundle promo of Php 279.00
+ Promos, especially group or each for a total order of three units or more, the Golden Hour Free OG promo, the
bundle promos Pose & Post challenge to get discounts, and the clearance sale for The OG.
FINANCE The company did not encounter any problems in its financial statements as
it was able to account for all of its sales and expenses through the use of paperwork
+ Secured money in bank such as receipts and cash vouchers throughout the course of the business simulation.
+ Organized paperwork Additionally, there were no incidents of robbery given the security of depositing
including cash vouchers, the money in the bank. In the end, Unsullied, Co. achieved a net income of Php
receipts, etc. 14,557.30.
PRODUCTION AND OPERATIONS Unsullied, Co. was able to produce and sell 99 G-Bags and 60 The OGs
within the duration of the business simulation. This was mainly due to the smooth and
+ Easy communication with the easy communication with the suppliers and efficient delivery of every transaction
supplier made with customers. Moreover, to stay aligned with the company’s environmental
+ Efficiency of deliveries of orders advocacy, the production department made use of eco-friendly packaging without
+ Aesthetic and eco-friendly having to sacrifice its aesthetic appearance. Another success factor to be considered
packaging is the extensive research for product development the board had in preparation for
+ Successful diversified product the diversified product of the company, The OG.
HUMAN RESOURCES The success of the business in the different areas of finance, marketing
and more would not have been made possible without the commitment and
+ Skills and competence of each competence of the management team. All members made it a point to be present
member in meetings, to respect deadlines to ensure smooth business operations, and to
+ Availability of all members for produce quality output and ideas. This shows that they dedicated time, committed
any activity held by the company focus, and exerted intellectual effort for the benefit of the company.
+ Members’ respect for deadlines
Withdrawals
Immediate need for Cash on Hand
payment of expenses or The team agreed to keep
Finance dispensing of change is a certain amount of cash on
hindered by the time spent hand to be more efficient in
on withdrawals from the its transactions.
company bank account.
FINANCE
Marc Christopher G. Alelis
Part of the responsibilities of a Finance Officer is
the safekeeping of records related with the accounting
process such as receipts and forms. The accomplishment
of this responsibility requires a certain level of organization
in one’s life. Truthfully speaking, that is one thing I do not
have. In light of the fulfillment of this responsibility placed
upon me as a Finance Officer, this whole experience has
spurred me to learn how to be organized, deal with my
weaknesses, and eventually grow as an individual.
28 SIGNIFICANT LEARNINGS
MARKETING AND
INFORMATION TECHNOLOGY
Mariah Camille V. Oliveros
OPERATIONS/PRODUCTION
Monique Ellenor L. Sy
Responsible
Activities
TYPE TOTAL GRAND
ACTIVITY
OF CSR Each Category TOTAL
Support to COSCA’s
Enterprise L-HEARTS Program
1
Development through cash
donation
Resource
0
Generation
Support to COSCA’s
Socio-cultural L-HEARTS Program
1
Development through cash
donation
BRIEF DESCRIPTION:
Unsullied, Co. supports the Center for Social Concern
and Action (COSCA) of De La Salle University-Manila in its
Lasallian Health Education, Accessible Resources and Training
Services (L-HEARTS) Project. The project directs itself to
empower community health workers and advocates, and
provide basic health services to the community in Leveriza,
Manila. The company has decided to give 5% of the profit for
every G-Bag sold and 10% of the profit for every The OG sold
from November 2017 until March 2018. This equates to Php 3.45
and Php 15.90 per G-Bag and The OG sold, respectively. As an
envisioned ambassador for health and sanitation, Unsullied, Co.
aims to ease dirt or grime concerns, and thus aligning itself with
the focus of the program which is on preventive healthcare and
the family as the primary unit of intervention.
PRESENT MEMBERS
AREA OF INVOLVEMENT
STUDENT NAME
IN THE ACTIVITY PRESENT BENEFICIARIES
Alelis Benefactor
NAME OF TYPE OF
Oliveros Benefactor
BENEFICIARIES BENEFICIARIES
Ong Benefactor
BRIEF DESCRIPTION:
Together with a team-building activity, the members
of Unsullied, Co. has decided to give a mass offering as a part
of their spiritual development. It also served as a thanksgiving
offering of the company as to thank the Father Almighty for all
the guidance He has bestowed upon the members throughout
the business simulation.
PRESENT BENEFICIARIES
LOOK:
NAME OF BENEFICIARIES TYPE OF BENEFICIARIES
The Unsullied,
Co. team at DLSU-Lasallian Spiritual
Pearl of the Organization
Great Price Pastoral Office
Chapel and its
facade.
PRESENT MEMBERS
Alelis Benefactor
Oliveros Benefactor
Ong Benefactor
Padilla Benefactor
Sy Benefactor
PRESENT BENEFICIARIES
PRESENT MEMBERS
NAME OF TYPE OF
AREA OF INVOLVEMENT
STUDENT NAME
IN THE ACTIVITY BENEFICIARIES BENEFICIARIES
Alelis Packer
Unsullied, Co. Organization
Oliveros Packer
Ong Packer
Customers of
Individual
Padilla Packer Unsullied, Co.
Sy Packer
Environment,
Community
TOTAL INVOLVED: 100% of Unsullied, Co. in general