ST.

PAUL UNIVERSITY DUMAGUETE

6200 Dumaguete City
Philippines

GRADUATE SCHOOL

ST. PAUL UNIVERSITY DUMAGUETE

6200 Dumaguete City

Philippines

GRADUATE SCHOOL

EXECUTIVE SUMMARY

Specific Statement of the Summary of Findings Conclusion Recommendation

Problem

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

1.What is the profile of the Majority (53.85 percent) The verrmicomposting Just like Bayawan

Vermicomposting Business of the vermicompost sustainable businesses were and Bais, other local

in terms of: businesses were dominated few, dominated by family government units are

1.1Type of Ownership by family businesses. enterprises and most of their suggested to properly

1.1.1 Family produce were disposed for vermicompost the

Enterprise commercial purpose and biodegradable waste

1.1.2 Educational priced at P211. They and have them

Institution contributed for the commercialized to

1.1.3 Cooperative employment in the province contribute in helping

/Association with the sampled businesses improve the fertility of

1.1.4 Local generated Working Capital of soil in addition to

Government P2,380.295 with Labor as generating income.

Unit major cost..

1.2 Average Number

of bags of About 6,145 bags

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

Vermicompost were produced per month

produced per where 4,551 bags (74.06

month percent of produce) were

1.3 Average Number sold and 1,594 bags (25.94

of bags of percent of produce) were

Vermicompost sold used for own farm.

per month

1.4 Average Number

of Bags used for

own farm

1.5 Price of

Vermicompost per

bag of 50 kgs.

1.6 Number of The mean price of

Employees vermicompost was P211.

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

1.7 Raw material used There were 73

in workers employed in the

vermicomposting vermicomposting business.

1.8 Type of customers

A number ( 37.04 %)
1.8.1 farmer
vermicomposting
1.8.2 business
businesses were primarily
enterprise
using animal manure
1.8.3 government
A number (39.26%)
institution
of customers of the above
1.8.4 cooperative
businesses were the
1.8.5 student
farmers.
1.9 Working Capital

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

The sampled

vermicomposting

businesses had the Working

Capital of P2,380.295 where

91.37 percent was from

Labor followed by

transportation which

included marketing.

2. What are the financial Mean Gross Profit Generally, the sampled Farmers who are

ratios of the Margin = 75.64 Percent vermicomposting businesses engaged in farming

vermicomposting business? which indicates efficient financially performed well and and have abundance

processes in the sampled they performed best in the of animal and crop bi

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

vermicomposting business. Return on Assets and the products may start to

least with the Net Profit diversify their farming

Mean Net profit Margin =
Margin activities by utilizing
74.59 percent which
their waste for
indicates that the net profit
vermicomposting.
of P0.75 was obtained per

peso revenue.

Mean Return on Assets =

179.06 percent which

implies a good business

performance since a peso in

asset can have a return

already of P1.79.

Mean Return on

Investment = 83.00 percent

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

which implies that on the

average, the sampled

businesses were able to

perform very well

considering that they

generated P0.83 return for

every peso of their

investment.

3. What is the extent of Extent of Profitability of The higher profitability of Private and

profitability of the business their vermicomposting the Vermicomposting government entities

for the last five years? businesses were Higher as Business in the province was may collaborate to

evidenced by the Composite attributed by the Satisfaction enhance the utilization

Weighted Mean of 3.82. In Growth Both In Business of vermocompost

These were particularly And Personal Income fertilizer to help

displayed in Satisfaction in Including Achievement Of improve soil fertility,

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

Business Growth including Business Goal (Frictional help reduce pollution

Achievement of Business Theory); Increasing The and enhance

Goal, .Growth in Personal Number Of Customers, profitability in

Income from the beginning Conducted Survey To vermicomposting

of business, Increasing the Measure Satisfaction Of The business.

number of customers from Customers And Carry Out

the beginning of Business, The Necessary Changes

Overcoming the actions of (Innovations Theory of Profit);

the competitors over the Overcoming The Actions Of

past 5 years, and The Competitors ( Risk And

Enhancement of employees’ Uncertainty Bearing Theory

competencies by conducting Of Profits); Enhancement Of

updated trainings. Employees’ Competencies By

Conducting Updated

Trainings, And The Ability Of

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

Their Business To Keep The

Organization's Best And Most

Talented People (Managerial

Efficiency Theory).

4. What is the extent of The Sustainability of their The Higher Sustainability Use of

sustainability of the Vermicomposting Business in Vermicomposting Business vermicomposting

business for the last five was at Higher Extent for the was attributed by the project as Sustainable

years? last five years as Improved Standard Of Living Livelihood Project

demonstrated by the Of Employees (Social grant for 4Ps

Composite Weighted Mean Entrepreneurship Theory); beneficiaries and have

of 4.19. These were Business Contribution In MOA with other

specifically true in the Reducing Pollution, Absence government and

Improved Standard Of Living Of Complaint Of Neighbors private entities for the

Of Employees, Conducted Regarding The Vermicompost purchase of the

Survey To Measure Project, And Customers produce.

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

Satisfaction Of The Positive Feedback On The

Customers And Carry Out Improvement Of Soil Fertility

The Necessary Changes, Of Their Farm Brought By

And The Ability Of Their The Use Of Vermicast

Business To Keep The (Sustainability Theory).

Organization's Best And

Most Talented People.

5. Is there a relationship Type of Customers had Type of Customers can Operators of

between profile of Very High Correlation with significantly affect the Extent vermicomposting

vermicomposting business Extent of Profitability as of Profitability in businesses may

and extent of profitability? presented by the Eta Vermicomposting Business establish good

Correlation of .984 . This while Produced Per Month, relationship and reach

indicates that Type of Sold Per Month and Price Per out more customers to

Customers had the effect on Bag had minimal effect to the enhance their sales

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

the variation on the Extent of Extent of Profitability. and profits.

Profitability

Produced Per Month,

Sold Per Month and Price

Per Bag had Low

Correlation with the Extent

of Profitability as shown by

the Spearman Rho

Correlation of .456, .326

and .355 respectively. This

implies that said variables

had low contribution on the

variation of Extent of

Profitability.

6. Is there a relationship Type of Customers can Enhance use of

Type of Customers had

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

between profile of affect in the variation of vermicompost fertilizer

vermicomposting business
and extent of sustainability?
Very High Correlation with
the Extent of Sustainability Extent of Sustainability but as supplement of
and the latter had Low
Raw Materials, Produced Per chemical fertilizer for
Correlation with Raw
Materials Used as exhibited Month and Price Per Bag can grants and support to
by the Eta Correlation of . only affect a little in the farmer beneficiaries to
973 and .380 respectively.
variation of Extent of enhance the use of
This means that Type of
Customers had high effect Sustainability. organic fertilizer, thus,
on the variation of Extent of
help improve soil
Sustainability.
fertility.
Produced Per Month

and Price Per Bag had Low

Correlation with Extent of

Sustainability as exposed

by the Spearman Rho

Correlation of .407 and .

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 ST. PAUL UNIVERSITY DUMAGUETE
6200 Dumaguete City
Philippines

GRADUATE SCHOOL

378 respectively. This

connotes that both variables

had low effect on the

variation of Extent of

Sustainability .

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