PROFIT MAXIMIZATION STRATEGIES OF TRICYCLE DRIVERS

IN TUGUEGARAO CITY

A Research Proposal Presented

to the Faculty of the Senior High School
University of Saint Louis
Tuguegarao City, Cagayan

In Partial Fulfillment
of the Requirements for the Course
SENIOR HIGH SCHOOL

By:

Calimag, Ryan Joseph

Langcay, Danny Boy
Tagupa, Pitt Raniel
Baralin, Ross
Canapi, Conchita
Dayag, Ruth Ann

March 2019

Profit Maximization Strategies of Tricycle Drivers in Tuguegarao City| i

CONCLUSIONS

There are two things that the tricycle drivers do when getting passengers to earn
more profit. First is to roam around the city and look for passengers, while the second is
to work overtime and continue finding passengers.

The tricycle drivers are charging regular fare to passengers. It is being founded
out that charging more than the regular fare would just complicate things and make it
more difficult for them in their job.

In the other hand, to minimize the cost staying at TODAs and waiting for the
tricycle to be filled with 5 passengers is what the drivers are doing in saving gasoline.
When there is an increase in their gas expense, they would supersede it with hard work
and they will have overtime shifts. Turning off the engine when they are being stuck in
traffic is what they do because leaving it idle in the middle of traffic will consume gas.

The tricycle drivers must have found that these techniques and strategies are
effective in these kinds of situations that is why they are still doing it.

RECOMMENDATIONS

Any researcher interested in further enhancing or developing this study may take
into consideration the following recommendations. Instead of conducting the research
towards TODA tricycle drivers it would be better if how different the tricycle drivers that
are gathering passengers at TODAs and tricycle drivers that are gathering passengers
around town by roaming. Factors such as income and what route it takes could be
explored. It will also be interesting and relevant to focus on a study about the insights of
the passengers on the way that tricycle drivers do their job.

Instead of focusing on the tricycle drivers, it would also be appropriate to probe

the relationships between the different forms of transportation. Factors such as
competition and correlation. For example, the competition between tricycles and jeeps,
or the correlation between the vans and tricycles can be explored. Finally, it is very
interesting (though difficult, time-consuming and expensive) to conduct a study that
includes tricycle drivers not just around Tuguegarao but also throughout the province, or
throughout the region, or throughout the entire Philippines. Such large-scale research
may be done through a quantitative approach and use a random sampling method on a
per town or region basis so that the amount of data could be more manageable, and
also to be able to take into consideration the fact that different regions present different
environmental, social, political and economic characteristics that may have effects on
the way that a tricycle driver does his job.

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