Professional Documents
Culture Documents
Food connects people. While each country’s cuisine is unique, there’s always a
common ground for all flavors, and that has made Korean cuisine capture the Filipino
heart. Filipinos might find it easy to relate to South Korea’s galbitang, a short ribs stew
which tastes exactly like the Filipino nilagang baka. Meanwhile, rice is a staple that
The rising popularity of Korean culture throughout the world is called Korean
Wave. The popular Korean culture, such as K-Pop music and Koreanovelas, which has
spread mainly through mass media, are now enjoying high popularity outside Korea and
this is how the Korean Wave occurs, and Korean cuisine is rapidly gaining popularity in
Food providers of this generation offer a variety of food with health benefits.
However, The Philippines is still one of the unhealthiest countries in Asia, lagging behind
India, Malaysia, Thailand, Vietnam and Sri Lanka. Based on a survey by pan-Asian
insurance giant AIA Group, the Philippines scored 61 out of 100, below the regional
average of 64. It is tied for ninth overall with Korea, India and Singapore. Unhealthy
eating habits are common as 84 percent of those surveyed said they tend to eat while
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The typical Korean fare consists of vegetables and grains, as well as some meat
and fish, which are more often steamed or grilled than deep-fried. Food preparation
reflects every Korean’s respect for family — this entails taking care of the body through
a healthy lifestyle. Minimal salt, sugar and oil are used in every dish to preserve the
On the other hand, Authentic Mexican food is vibrant, delicious, fresh and fun. It
is also colorful, spicy and uses an amazing array of chilies, both fresh and dried. But,
often times people think Mexican food is heavy and all about the yellow cheese. They
associate it with fast-food items. But it’s definitely not. It’s actually so beautiful, so fresh,
Knowing the true flavor of a Mexican cuisine can be derived from tracing back the
history of it which is described as a long and diverse one. It is believed that authentic
Mexican food might have been rooted from the Mayan Indians. They were traditionally
nomadic hunters and gatherers. Corn tortillas with bean paste were a common food item;
but they also ate wild game, tropic fruits, and fish. In the mid 1300's, The Aztec Empire
was thriving, and though the Mayan food staples were still in use, chili peppers, honey,
salt and chocolate found its way into their cooking. Some of the wild game, such as turkey
food-history)
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Like the Philippines, Mexico was also invaded by the Spanish colonization in 1521.
Spanish foods had the most influence on the Mexican cuisine. They introduced new
livestock, such as sheep, pigs and cows. They brought with them dairy products, and
garlic as well as many different herbs, wheat and spices. It was at this time that the
Mexican people saw the assimilation of many other cuisines including Caribbean, South
American, French, West African and Portuguese. As a result of this Mexican foods today
are diverse, yet dishes vary from region to region (SBS Food, 2008)
For these reasons, Burrito Koreano is aspiring to promote Korean culture in the
aspect of exercising health consciousness. With this, Burrito Koreano would like to be an
advocate of practicing healthy living and proper diet without compromising guaranteed
food satisfaction and cravings. Moreover, Burrito Koreano would want to integrate the
Mexican type of preparation and few of the elements in the authentic Mexican cuisine
which is incorporated to some of the ingredients found in the product and the sauce to
let the future customers of Burrito Koreano experience a taste that springs forth from
different cultures.
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1.A BUSINESS CONCEPT
influence with Mexican adaptation of flavors through the sauce and food
presentation through utilizing wraps. These will give the consumers a taste
of these countries’ diverse and rich cultures at the same time without
2. Burrito Koreano plans to position itself as a business that offers high quality
healthy, convenient and ready-to-go food, and Burrito Koreano aims to achieve
Moreover, Burrito Koreano will be fusing Mexican and Korean culture through
the product elements found in each which entails their differences and how
Mexican way of food presentation which is common and wildly used today.
Pork, lettuce, kimchi, bell pepper, garlic, carrot, onion, cucumber, sesame
seeds, chili pepper, honey, cheese, and the sauce which is Korean and Mexican
inspired will mainly comprise the Burrito Koreano’s food product. These
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1.B BUSINESS GOALS: Vision, Mission, Objectives, and Key Result Areas
1.B.1 VISION:
At the heart of Burrito Koreano’s way is our vision – to redefine how a “fast-
wrap, putting into realization a healthy and appetizing wrap, and to be the best
snack business most admired for its quality service and loyal customers.
1.B.2 MISSION:
1.B.3 OBJECTIVES:
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4. To conduct activities that would promote the enterprise and will draw
1.B.4 GOALS:
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In the case of Burrito Koreano, the key result areas for each stated objectives are as
follows:
culture and cuisine in Cebu by 1b. Number of food outlets in the local
and diet most especially to the 2b. Awards and recognition given by the
3. To earn good financial returns 3a. Amount of net profits realized within
business
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3d. Return on Investments
culture and cuisine in Cebu by 1b. Number of food outlets in the local
wraps.
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Chapter 2
INDUSTRY ANALYSIS
Rise on the demand of food industry is getting higher. A lot of Cebuanos is looking
for more appealing and satisfying food here in Cebu and because of the great influence
from different cultures, especially with the rise of Korean culture here in the city,
Cebuanos will want to experience a higher level of satisfaction. As the food industry rises
on the demand, businesses start to saturate. Different competitors are seeking for more
industry, but none of those offer Korean food with a twist of Mexican wrap unlike Burrito
Koreano. There’s a higher possibility of the demand of this product. Therefore, Burrito
Koreano will want to venture in the food industry because of the popularity of Korean
food and the convenience of adopting a Mexican style of food presentation through
wraps.
Nowadays, demand in the food industry is getting higher because of the buying
power of a consumer. Most of the businesses in the food industry are highly known
because of its positioned product. The recognized Korean food culture is getting larger
but none of these offer a Korean food culture that let consumers experience a twist of a
Korean and Mexican food wrap. Since Burrito Koreano is a newly built food business, it
possesses a higher possibility rise of demand because of its positioned product. Cebuanos
will now have an opportunity to experience a higher level of food satisfaction through
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Burrito Koreano, which focuses in catering Korean and Mexican flavors through the sauces
that will be fused in one healthy and satisfying snack without compromising convenience
2.1.1 Classification
Wraps are classified under the snack-food industry. Wraps are known for its
soft flatbread rolled around a filling. Mexicans, Armenians, Middle Easterners, Greeks
and Turks have been eating wraps since before the 1900s. The snack-food industry
also expands through the Philippines and is also one of the many profitable sectors.
A wrap may be a majority Middle Eastern street food item, but it’s definitely a constant
craving in Cebu, as seen through wraps and burrito businesses in the city. Its progress
through society overlooks through the millennial in which these people are always
2.1.2 Size
(Robehmed, 2013).
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2.1.3 Competition
ensemble of healthy food. Its cultural cuisine in Cebu City makes it one of the
many welcoming and flexible destinations to people from neighboring regions and
even from overseas. The rise of on-the-go food is getting popular to people who
do not have enough time to dine in to restaurants and fast food establishments.
are flourishing for its quick services and convenient food products and this poses
a threat to Burrito Koreano since it has similar characteristics with its products.
However, since Burrito Koreano does not have a competitor that showcases ready-
made Korean products that integrated Korean and Mexican flavors through the
In order for the business to succeed, Burrito Koreano has to look into the
needs, wants and cravings of its consumers. Then answer these through producing
a concrete product that would embody and satisfy these demands. It also aims to
give the consumers a reason to come back and avail the product frequently
through satisfying and high quality food as well as fast and friendly services,
considering that customers are more likely values a product and becomes a regular
once they are satisfied both with the food and service.
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Burrito Koreano will strengthen as well its communication because it is one
of the best ways to have a successful business. Through social media accounts,
Burrito Koreano can advertise and promote their products without personal
compare it to the other competitors, giving a reason on why the consumers should
consider us first. Moreover, Burrito Koreano would also have promotional activities
done through its official website so that there will be an interaction between the
Uniqueness will also play an important role for the Burrito Koreano’s
success. Since it is the only business that provides Korean food in a wrap, it gives
it its own identity. Although the food industry, more specifically the snack industry
is very wide and there are a lot of competitors, Burrito Koreano makes sure that it
stands out from the rest through their products and services. Combining the
Korean and Mexican flavors put into one wrap is also considered as a key success
A business must utilize and adapt to its external social environment, or it will
not survive. It must be keenly aware of the society's social preferences regarding its
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needs and wants. These preferences and needs and wants will be influenced by a
well-being. In addition, most of the people tend to follow the trend that arises in
different countries which greatly affects the perception, lifestyle, and food preference
of many people. A good example would be the popularized Korean food that are very
evident in Koreanovelas shown in televisions which has drawn many people, most
especially Filipinos, to try. Korean food do not only appear delicious and appetizing,
but it’s also good for the health which makes it very much appealing to many people
and as well as the creative way of consuming it making other people curious to try.
best opportunity to build an enterprise that would incorporate this changes and come
up with a product that will satisfy every people wanting to adapt health awareness
business. If Burrito Koreano does not follow legislative requirements and regulations,
it can face serious penalties. A range of legal requirements may affect the business.
Some of these requirements the business should conform are Business Permit,
PhilHealth, BIR registration, DOH, and other organizational permits that are required.
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Primarily, as a food business, it is important to take note of the different existing laws
related to food product safety regulations and other laws that a business should
adhere. Burrito Koreano, as a business entity, then should abide in the following rules
and regulations of the DTI, BIR, DOH and other government agencies in terms of
safety food preparation, food quality control and as well as waste management,
advertising, etc. in order to ensure and preserve the loyalty and trust from its
valuable consumers.
prevalent in the market. Among many economic factors affecting businesses are the
It is the goal of this enterprise to maximize its profit through analyzing and
supplying the growing demands of its consumers, as well as maintaining good quality
products and services. Taking these economic changes and financial status of its
customers to account, Burrito Koreano then aims to satisfy the demands of its
consumers most especially students, employees, and foreigners who are interested
to purchase the product at an affordable and reasonable price. This entity would also
strive to maintain the marginal utility of its consumers by continuously improve and
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2.2.4 Technological Factors
With the rise of social media and other developing technologies, it is easier to
decided to take this vast changes in technology as an asset of promoting its existence
and advertising its product to the market and to its potential consumers through the
virtual world.
Strength Weaknesses
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Opportunities Threats
foods that help consumers maintain a healthy lifestyle since most of them are health
conscious. The possible locations of Burrito Koreano will be at Sugbo Mercado and
Fiesta Minore where these places entail a variety of food choices of local, national and
foods that they haven’t indulged in yet. Other available choices in these food markets
where firms are producing substitute products such as snacks, desserts, Japanese
food and Vietnamese food that limit the possible returns of an industry through
putting a limitation on the prices of firms in the industry. These substitutes are
able to offer a more appealing price performance replacement and establish more
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Chapter 3
MARKETING PLAN
Burrito Koreano is a start-up businesss that stands out on its own because of its
unique product. Incorporating a Korean food into a Mexican wrap, it focuses on two
things consumers usually look for in a snack—taste and convenience. Moreover, because
Burrito Koreano would want to imprint the true taste of Korean and authentic Mexican
flavors to their customers therefore, the enterprise decided to offer sauces that are rooted
from the aforementioned flavors. Burrito Koreano serve sauces that has the Korean and
Mexican taste place in one wrap. With this it proves the distinction of Burrito Koreano
from its competitors because of the fusion that is not only present in the main ingredients
comprising the product but as well as the sauce being offered which brings out the taste
Direct advertising would utilize the social media like Facebook, Twitter and
Instagram since its active users consist a number of the target market. Furthermore,
flyers would also be utilized in disseminating informations regarding the soft opening of
the business, as well as promos and other promotional activities in line that are prepared
for the customers. Along with Burrito Koreano’s promotion and exposure to the public as
a newcomer in the food industry, the business can implement advertising activities of its
products and services through the utilization of the different social media accounts
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Marketing Collaterals: Prior to the soft opening of Burrito Koreano, flyers will be given
out to students and workers near Lahug, Cebu City. This is to formally introduce and
advertise Burrito Koreano to the citizens. This is helpful in informing those whom are not
reach by our social media promotions and that would most likely avail our product. Here
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A. Social Media Accounts:
create profiles, upload photos and video, send messages and keep in touch with
stay connected through the exchange of quick, frequent messages. People post
Tweets, which may contain photos, videos, links and up to 140 characters of text.
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Figure 4: Burrito Koreano Twitter account
Instagram is a social networking app made for sharing photos and videos
from a smartphone.
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B. Word-of-mouth:
As the most common marketing strategy, this is very effective since it does not
require any financial assistance. This is the most convenient marketing strategy
Loyalty Program
Every time a customer avails the product they can opt to have a loyalty
card wherein every time they plan to visit and purchase the product there will
purchase on the same month the customer will be getting a 25% discount for
2 wraps.
On the 10th visit, he or she can get 1 free wrap with the desired sauce
and 1 free drink with a corresponding freebie already. The employees shall be
trained to ask every customer whether they would like to avail the loyalty card
or not. This will determine how frequent customers visit and purchase the
product.
Free coupons shall be given to customers every time they visit the stall
in order to avail the discounts, promos, and other treats offered by Burrito
Koreano valid only on specific dates. Here is a draft of the coupons that will be
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Figure 6: Sample Coupon for Burrito Koreano
Promotional Events
required food stalls. Updates and invites shall be posted through the official
social networking sites of Burrito Koreano. For more informations about the
latest happenings, promos, discounts, and other promotional activities that shall
be done online just like, follow, and tweet us on Facebook, Instagram, and
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Twitter. First 10 people who followed or liked us to any of our official websites
With the different seasonal or holiday events of the year, Burrito Koreano
plans to use these celebrations to promote the business. Through raffles that are
done in the main stall, to the different games and activities such as trivias,
puzzles, crosswords, etc. prepared for the “netizens” online. The business would
understand its customers in a creative manner and improve it in a way that it will
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3.1.1 Market Segmentation, Profiling, Targeting, And Positioning
A. Market Segementation:
psychographic segmentation.
Geographic Segmentation
Burrito Koreano will focus on urban area markets specifically those in Cebu
City, most especially in food bazaars, such as Sugbo Mercado and Fiesta Minore.
Also, those malls found near the vicinity will be considered as part of the potential
market and location of the business. Burrito Koreano will serve a variety of
with different types of people and buying power as well as in malls such as Ayala
because of its accessibility. It is also situated in places near Lahug, Cebu City,
There are only a few who’s business concept is centered in Mexican and Korean
fusion, most of the businesses are centered on Mexican or Korean alone (Goyal
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and Chaddah, 2008). Therefore, arriving to a conclusion that Burrito Koreano have
Demographic Segmentation
Teens are exposed to media which has become the medium of influence of
Korea to the Philippines and they are also the ones who are patronizing Korean
inspired food for teens, specifically students, regardless of gender, aged 14-25.
Moreover, because of the busy schedule and customers that are always on the
rush, there has been an increase of consumers preference in buying products that
are on the go and ready to serve in just a few minutes. Therefore, an authentic
way of serving a product through a wrap was adapted by Burrrito Koreano which
Korea has greatly influenced the Filipinos in their lifestyle, their culture, and
their food. Because of this, one of the main focuses of Burrito Koreano is to cater
Korean fans and other people who are fascinated with Korean food which is
conveniently wrap into one amazing and appetizing product. Now there are some
who are also interested on Mexican flavors therefore, Burrito Koreano decided to
incorporate these wants or interest of the customers through creating sauces that
will indulge yourself to the true taste of Korean and Mexican flavor.
By this concept of serving the product through a wrap Burrito Koreano is adapting
Mexican style and applying it in their product. Aside from that, since Burrito
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Koreano’s food is ready-to-serve, it will be convenient for consumers to purchase
their food. Health-conscious consumers will also benefit from Burrito Koreano’s
food since its product’s ingredients are satisfying and healthy because it is mainly
composed of fresh and organic vegetables. The sauces for Burrito Koreano does
B. Market Profiling
In the marketing and selling of the food, Burrito Koreano will be profiling their
PRIMARY MARKET 2
AGE: 14-25
GENDER: Any
NATIONALITY: Filipinos
OCCUPATION: Any
Filipinos tend to change their lifestyle according to the current trends and how
much of an impact it has towards them. They are attracted and greatly influenced by
the Philippines with tourist arrivals estimated to reach the one million mark by year end,
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Based on the data gathered by Inquirer Research, the figure would make them
the largest group of foreign citizens to ever have landed on Philippine soil in a single year.
In addition, according to Korean Ambassador to Manila Hye Min Lee, Koreans studying
“This is a sign of the strong and growing people-to-people relations between Korea and
the Philippines which help promote mutual understanding between us,” he said at the
2nd Philippines-Korea Partnership Forum held at the Intercontinental Manila last week.
“More than 740,000 Koreans visited the Philippines in 2010, ranking Korea as the top
tourist arrivals. This year, a million Koreans will be visiting the Philippines, an increase of
C. Market Targeting
Market Targeting
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Students and young adults
Students and young adults will most likely consume Ko-Wraps’ products
because they are the ones that are more exposed to Korean culture because of
Filipinos also showed awareness of Korean food and drinks such as kimchi,
ginseng and soju, Korean brands such as Samsung, Kia and LG and most knew of
and language are still largely unfamiliar to Filipinos. As a result, Burrito Koreano
could help the Filipinos through their target markets understand Korea and
Health-conscious
behind India, Malaysia, Thailand, Vietnam and Sri Lanka. Based on a survey by
pan-Asian insurance giant AIA Group, the Philippines scored 61 out of 100, below
the regional average of 64. It is tied for ninth overall with Korea, India and
Singapore.
1. Some 88% of those polled are willing to pay more for healthier foods.
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2. All demographics—from Generation Z to Baby Boomers--say they would pay
more for healthy foods, including those that are GMO-free, have no artificial
(29%)--that can either reduce disease and/or promote good health also are
desirable.
health and wellness concerns continue to increase in importance. The reasons vary
This idea of using food to manage health may, in part, help explain growing
providing satisfying, affordable and most importantly, healthy food to cater the
needs of people. Burrito Koreano would want to create healthy culture for Filipinos
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D. Market Positioning
HIGH QUALITY
TURKS
BURRITO
KOREANO
SHAWARMA
LOW QUALITY
Burrito Koreano plans to position itself as a business that offers high quality products
to its consumers at a reasonable price. Most of the consumers prefer healthy, convenient
and ready-to-go food, and Burrrito Koreano aims to achieve these by catering to the said
and Korean culture through combining the elements found in the cuisines of both
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countries, specifically Korea’s Samgyeopsal and Mexico’s wrap. There will also be a fusion
of flavors through utilizing sauces that would bring us the thoughts or memories about
Marketing plays a very important role when it comes to enhancing the components
of the marketing mix, the way in which a company takes a new product or service into
the market. The traditional 4P’s of Burrito Koreano is its Samgyeopsal Wrap which has
varying sauce that are rooted from Korean and Mexican blend of flavors adaptation. The
place where the enterprise decided to reside is within Lahug area. The different
promotions and activities are done in the food stall and in the official website of Burrito
Koreano. Lastly, the price set by the enterprise which accumulates revenue and profit in
3.2.1. Product
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Burrito Koreano offers a product that showcases Korean culture using the
and consumable anytime and anywhere. The competitive edge of Burrito Koreano
against its competitors is that the business created sauces that would somehow
give you a taste of the Korean and Mexican flavors which are commonly used in
their respective cuisines. In just one snack and one bite you will be able to
3.2.2. Pricing
Pricing the product is the most exciting yet challenging part of creating a
business. The enterprise should make sure to give the proper pricing of the product
in order to attract a number consumers and have a total sales greater than the
expenses utilized in producing the product. There were a few things that Burrito
Koreano considered in setting the price for its product and service. Here are the
2. Competition
3. Desired mark up
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4. Customer’s preference (price, or value of the product)
6. Profit
First, in setting a price for a product the business should be able to meet
and recover the costs incurred in producing that specific product. It would also be
helpful to know how much cost you have spent in order to determine how much
sales you have to achieve to attain the desired profit at the end of the quarter.
Second, as far as businesses having the same concept in line with Burrito
Koreano as concerned, there are less competitors present, but in order to attract
more potential customers aside from the target market, which was stated above,
the enterprise decided to set a price that is affordable and reasonable for the
quality food and service being offered to its customers. It is also the competitors
who would influence any enterprise whether to set the prices of their products
Third, desired mark-up is the amount added to the cost price of goods to
cover overhead and profit. It is the amount by which the price of a product
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price to the product, mark up should be considered because it would entail how
much profit earned and net income can be derived out of the sales made.
Fourth, in setting for the price of any product it is very much important to
know what drives your customers into purchasing it. It should at least answer the
following questions so that a business enterprise can determine the right price for
the product: Are your customers driven by the cheapest price or by the value they
Fifth, it is important to correlate the price you will be setting to your product
and how you positioned it in the market. It is not right to set higher prices to your
the first place because it will give an impression to your buyers that your pricing
and the positioning of your business is not consistent which later on will affect the
another, businessmen tend to neglect how much profit would they want to earn
profit would imply how much money you are trying to make above the breakeven
point.
price since it will determine how salable your product is. Therefore, setting a price
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that will consolidate with the market demand can help you determine how much
would your customers are willing to pay in order to avail the product.
Eighth, the last thing that Burrito Koreano considered in setting up the price
is the kind of market it has and their corresponding buying power. For Burrito
Koreano, its main target is people with the age 14-25 years old, more or less these
are students and some are already working. With this data, the enterprise can now
determine who would most likely want to buy the product and willingly spend their
money for it. He or she must be capable of purchasing the product not just once.
Burrito Koreano. Since Burrito Koreano will emerge as a food stall in food bazaars
such as Sugbo Mercado, or nearer malls such as Ayala Center Cebu, it will be
dealing with customers directly. The preparation of the product will also be done
in the food stall aside from the Samgyeopsal which is already precooked.
Burrito Koreano will utilize social media applications as to the selling and
will be disseminated through the use of official Facebook, Instagram, and Twitter
accounts. If you want to share your best Burrito Koreano story then feel free to
post and tag us the picture with your corresponding review, experience or story.
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There will also be flyers given for those whom are not reach by our promotional
activities done online. Loyalty card, coupons, and raffles shall also be done to
encourage repetitive visits from customers. Burrito Koreano would also want to
participate in school or any other organizational events where there is a need for
small food stall. Moreover, the business shall also partake in business fair or bazaar
The business shall be situated on Food bazaars such as Sugbo Mercado and
Fiesta Minore which are located around the vicinity of Lahug, Cebu city. Along with
the food bazaars, Burrito Koreano is also planning to open its food stalls on Malls
near Lahug such as JY square and Ayala Center Cebu for the sake of those who
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Figure 12: Ayala Center Cebu Map
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3.3 Sales Forecast
Projected
Projected Sales
Week Product Price Sales (in
(in Php)
units)
Week 1 Php 55.00 520 Php 28600.00
Week 2 Php 55.00 570 Php 31350.00
SAMGYEOPSAL
Week 3 Php 55.00 780 Php 42900.00
WRAPS
Week 4 Php 55.00 630 Php 34650.00
TOTAL Php 137500.00
Table 6: Monthly Projected Sales Forecast for 2018
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Yearly Projected Sales Forecast (2019)
Projected
Projected Sales
Week Product Price Sales (in
(in Php)
units)
Week 1 Php 55.00 520 Php 28600.00
Week 2 Php 55.00 570 Php 31350.00
SAMGYEOPSAL
Week 3 Php 55.00 780 Php 42900.00
WRAPS
Week 4 Php 55.00 630 Php 34650.00
TOTAL Php 137500.00
Table 8: Monthly Projected Sales Forecast
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Yearly Projected Sales Forecast (2020)
Projected
Projected Sales
Week Product Price Sales (in
(in Php)
units)
Week 1 Php 55.00 1100 Php 60500.00
Week 2 Php 55.00 2000 Php 100000.00
SAMGYEOPSAL
Week 3 Php 55.00 2200 Php 110000.00
WRAPS
Week 4 Php 55.00 1700 Php 93500.00
TOTAL Php 364000.00
Table 10: Monthly Projected Sales Forecast
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3.4 Marketing Organization
There are several layers of management within Burrito Koreano. As a startup business in
the snack industry, we focus more on the day to day operation of the business. The
supervisor, which is Ms. Hannah Gayle Diez, shall be taking care of the first and main
branch of Burrito Koreano which is located in Lahug, IT Park. She will be managing staffs
and ensures that all organizational objectives shall be achieved in par with meeting the
The enterprise designated different department heads, with their corresponding staff or
assistant, shall be reporting directly and are under the care of their department head
respectively. There are four departments organized by the enterprise and these are the
Food preparation and handling department which will be the ones providing the services
to the customers.
Next would be the Purchasing department, they will be in charge in purchasing the raw
materials and ensuring to get fresh and of high quality products to be use. Third would
be the Marketing department which has the responsibility of promoting the business
Last would be the Finance department which controls the inflow and outflow of cash in
the business and keeping track if the enterprise is still in line with the organization’s
strategies.
The different heads of the department will be collaborating with each other and directly
report to the supervisor in making sure that the business focus and drive will be attain
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and standards and processes within the enterprise are executed properly and
consistently.
Given by this structure, Burrito Koreano’s entire marketing organization will be involved
in the effort of pursuing business stability. The marketing manager will be responsible for
the marketing plan implementation, working closely with the finance manager to guide
the sales that was accumulated which will represent how effective the strategy that was
Since Burrito Koreano aims to provide quality and satisfaction to their customers in order
to gain loyalty and repetitive visits, the customer-oriented organization in which the needs
and desires of each customer group is taken into account because Burrito Koreano
believes that giving service and offering product of high quality and satisfaction level to
All implementation activities are to begin at the start of the year 2018. Unless
specified, all activities are the responsibility of Burrito Koreano’s Supervisor, Ms. Hannah
Gayle Diez.
and finance. The supervisor will spearhead the functions and activities of the food stall.
The company will compose of nine employees from a variety of positions within the
company.
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By January 10, establish the Burrito Koreano food stall in Sugbo Mercado.
By April 10, the finance and assistant finance manager will report the actual sales
By June 30, improve the strategic plan for target markets in order to increase
potential customers.
By July 10, the finance and assistant finance manager will report the actual sales
By July 30, create and finalize a customer satisfaction survey for current customers
and clients to obtain information and use it to further improve Burrito Koreano’s
By October 10, the finance and assistant finance manager will report the actual sales
By December 30, the finance and assistant finance manager will report the actual
sales forecast of the company for the last quarter of the year. After that, the managers
aforementioned will create a report on the changes and the comparison between the
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planned sales and the actual sales, give their interpretation, and provide measures to
The financial reports together with the planned goals will be included in the project
report. These are the list of the following performance standards and financial controls
are suggested:
The overall total of the budget in billings, new-product research and development,
and the customer survey will be equal to 65% of the annual promotional budget
The breakdown of the budget will be the following; 15 allocated to the billing cycle,
implementation.
The marketing director is responsible for adherence to all project budget and will
report its current conditions to the company’s president on a weekly basis. The
marketing director is also responsible for any redirection of budget required for
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New product offering will be further evaluated on a quarterly basis to determine
its profitability. All product development expenditure will be distributed over a two-
year period, by calendar quarters, and this will be compared with the gross income
Assigned team in financial distribution must record its outflows of the following
financial report.
B. Monitoring Procedures
Burrito Koreano plans to compare its actual performance with plan objectives to
analyze the effectiveness of its marketing plan. To do so, there are monitoring
Revisions and updates in the plan to suit to the current situations that might affect
A monthly comparison of the actual sales to the planned sales in order for the
manager to provide a report to the managerial head and to the company for it
The people involved must be informed of the changes made in the marketing plan.
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Chapter 4
order to offer a quality-approved and satisfying product to its customers. Being able
to find suppliers with the best quality of ingredients and still has an acceptable price
serves as a gain of competitive advantage in the market place. The business also
considered some factors and risks that may occur to the supply chain such as
unexpected calamities, delays, damages, accidents etc. which can affect the total
production of the product. Burrito Koreano plans to have at least two suppliers for
the ingredients in case any unexpected events may happen so as not to compromise
Projected
Projected Sales
Year Product Price Sales
(in Php)
(volume)
2018 Php 55.00 201000 Php 1105500.00
SAMGYEOPSAL
2019 Php 55.00 262000 Php 1441000.00
WRAPS
2020 Php 55.00 627500 Php 3495250.00
Table 11: Yearly Presentation of Sales Forecast-Projected
A kilo or a thousand g of Marinated Korean Pork Belly can yield 10 units (1000g/100g
Marinated Pork Belly = 10 units) The 100g Marinated Pork Belly will be added with 0.125
g of Sesame Seeds, 3.20g of Lettuce, 1.25g of Bell Pepper, Carrots, Onions and
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Cucumber, 28.34g of Kimchi and 14.17 g of Cheese. Each 150.84g serving will be placed
in a piece of Mexican Burrito Wrap. The price of Php 55.00 per unit is computed as
follows:
Direct Materials
For Pork
Standard Recipe
Ingredients Per unit price
(Output: 10 units)
Korean Pork Belly 1kg 25
Ginger 4g 0.50
Garlic 6.25g 0.05
Soy Sauce 0.625ml 0.02
Honey 74ml 2.50
Pepper 1.25g 0.02
Salt 25g 0.01
Total Cost: 28.10
For Wrap
Standard
Recipe
Ingredients Per unit price
(Output: 10
units)
Sesame Seeds 1.25g 0.35
Lettuce 320g 1.90
Carrots 125g 0.85
Bell Pepper 125g 1.50
Onion 125g 0.85
Kimchi 283.40g 2.35
Cheese 141.70g 2.50
Cucumber 125g 1.50
Wrap 10 wraps 5
Total Cost: 16.80
Total Direct Material Cost: 44.90
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Direct Labor
Php 366/day
Minimum Wage for the
(366/8 hours) = Php45.75/hour
Production Worker
(45.75/60 mins.) = Php0.76/min.
(0.83/60 secs.) = Php0.01/sec.
Overhead
price
= (44.90+5+14.97) *25%
= 64.87 * 25%
= 16.22
and in a month would be 2000 units. Therefore, the projected sales volume on the
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first year would most likely total to 24000 units and is expected to increase 5%-
For every kilogram of Korean Pork Belly, it would yield 10 units of burritos.
To meet the projected sales volume of 500 units per week, it would require a 50
at least 70 units of burritos per day with an estimated timeframe of 3.5-5 hours.
Successful businessmen can create high quality products with materials of low
cost. To be in par with the rest of the competitive selling environment, Burrito
Koreano must seek sources of required Raw Material that are reliable and cost-
Units in
Unit of Standard
Ingredients Price Calculation
Measure Recipe
(10 units)
Korean Pork 1000g 285 1000g 285/10 units
Belly
Ginger 1000g 120 4g 5/10 units
Garlic 1000g 90 6.25g 0.50/10 units
Soy Sauce 1000ml 37 0.625ml 0.20/10 units
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Honey 375ml 116.40 74ml 25/ 10 units
Pepper 70g 172.50 1.25g 0.20/ 10 units
Salt 1000g 10 25g 0.10/ 10 units
Sesame Seeds 25g 7.25 1.25g 3.50/ 10 units
Wrap 12 pieces 67 10 pieces 50/ 10 units
Lettuce 1000g 60 320g 19/ 10 units
Carrots 1000g 70 125g 8.70/ 10 units
Bell Pepper 200g 56.20 125g 15/ 10 units
Onions 1000g 70 125g 8.70/ 10 units
Kimchi 210g 83 283.40g 23.50/ 10 units
Cheese 180g 46.60 141.70g 25.50/ 10 units
Cucumber 500g 24 125g 15/ 10 units
Table 14: Bill of Materials
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Onion Fresh, intact, no molds
signs of molding
be fresh and of good quality. Most of the ingredients being used in the
Samgyeopsal wrap are perishable goods therefore, here are some ways on how to
Freezer
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On the other hand, meat is the main ingredient used in the product and to ensure
the safety of the meat from any microbial, chemical, and radiological contamination early
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4.4.1 Process Flowchart
Prepare the
ingredients
Samgyeopsal
Wrap
Garlic
Add the kimchi
Soy Sauce
Add the onion
Honey
Add the bell pepper
Pepper
Add the carrots
Salt
Add the lettuce
No
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Prepare the
ingredients
Is the
mixture Set aside to cool
boiling? Yes
No
Water
Prepare the
ingredients
Is the
mixture Set aside to cool
boiling? Yes
Combine the ff. in a
sauce pan: No
Vinegar
Are they
Pepper mixed
properly?
Onion
No
Hot Sauce
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4.4.2 Layout Design
This is a sample layout design of the working place of Burrito Koreano. The
workplace must contain exhaust fan, gas stove, sink, working table, refrigerator, electric
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4.4.3 Machineries and Equipment Requirement
In making the Samgyeopsal wrap the following tools, equipment, and machineries
are needed:
Stoves are generally used for cooking and heating purposes. The type of stove
that will be utilize is a gas stove or often times called as gas range which is a
kitchen appliance that is used for the purpose of cooking food. It uses natural gas,
A refrigerator is used to artificially cool and store food and drink. It consists
of a thermally insulated compartment and heat pump that transfers heat from the
inside of the fridge to its external environment so that the inside of the fridge is
and because there is no flame involved, other fuel such as gas, and charcoal are
not necessary.
3. Mixing Bowls
4. Tongs
5. Colander
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6. Cutting board
8. Vegetable peeler
9. Stirring spoon
To guarantee that Burrito Koreano is still in line with its goals and objectives,
manpower must be complied with the right number of workers and staffs to make
sure that the processes and operations are still flowing accordingly. The sufficient
number of workforce will give enough confidence to the enterprise to meet the
The skills required in making the Samgyeopsal wrap are only basic and easy
such as Marinating, Grilling, Mixing, Slicing etc. The processes involve in the
production of a Samgyeopsal wrap are purchasing of raw materials from the local
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serving it to the customer. The manpower needed is the Purchaser, Food
and Finance.
for the production of the product. They need to possess skills relating to stock-
taking and managing of the inventories to achieve quality control of raw materials.
ingredients to be used in the actual production of the product. They are also the
ones in charge of creating/assembling the product with the raw materials available.
They must have the skills in: expert in food handling/preparation, good in
management and sanitary, knows the correct storage of both raw and cooked
materials, has a background about the things that may contaminate the pork belly
and other raw materials, knows the proper equipment and tools needed.
Store supervisor’s main task are the following: Manage retail staff,
enterprise. They are the ones brainstorming about the strategies being used in
advertising and promoting the newly opened business to a varying and distinct
market. They will think of ways on how to attract potential customers and achieve
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their target sales by the end of the quarter. They must be good in sales talk,
The Finance department takes charge in handling the earned money for the
day. They are responsible for accounting and bookkeeping of accounts within the
company. They also oversee the financial status of the business and try to
consolidate it with the sales and profit earned. They should be skilled in performing
basic accounting and bookkeeping as well as using the excel in presenting data.
determine the production rate and will ensure a secure supply for production. Bad
inventory management can compromise the supply for production which will lead to the
loss of consumers.
Raw materials are materials purchased that are yet to processed or turned to something
new. Such materials are pepper, sesame seeds, lemon, water, onion, garlic, ginger,
The Ssamyang and Falafel sauce, as well as the grilled pork belly still needs to undergo
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Materials that can be stockpiled are the garlic, onion, sesame oil, kimchi, sesame
seeds, pepper, and the Ssamyang and Falafel sauces, considering these products do
not expire easily and can be stored for a long period of time for future use.
The finished goods are the final results/outputs of the making that will be served in our
food stalls which will be located in food markets like Sugbo Mercado and Fiesta Minore.
These products must be inventoried for business purposes like accumulating information
on the demand of the consumers and to know the next batch of production
The containers of the used materials and the skin of the ingredients used in producing
the final product of “Burrito Koreano” are the only waste materials produced. These
will be controlled by providing a trash bin for the disposing of trashes. Observation of
The distribution system centers the sequential flow of procedures, systems, and
activities which are designed and linked to facilitate and monitor the movement of
products from the source to the consumer. It is a must for the business to make the
products perceptible and easily available to the consumers. It is also a need for the
enterprise to provide back-up supply in the production so that it can be quickly and
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4.5.1 Transportation/ Delivery Requirements
The transportation vehicle must be clean. A delivery permit must be secured for the
enterprise and a professional license is a requirement for the driver of the vehicle. To
avoid complications and for a successful operation, an enterprise must have a delivery
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Chapter 5
The type of ownership Burrito Koreano has is partnership as it is one of the most
preferred and one of the best initial types of ownership for new businesses.
line of authority, communication, and rights and duties in the organization. It will help
everyone in the business to know where to place themselves, what they’re supposed to
do, and who to work with. The store supervisor oversees all the operations in the
business. To help the supervisor, the heads of the departments of Food Handling and
Processing, Purchasing, Marketing, and Finance, together with their respective assistants,
BURRITO KOREANO
PARTNERSHIP
SUPERVISOR
Ms. Hannah Gayle Diez
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5.3. Functions and Responsibilities
1. Store Supervisor
JOB STATEMENT
Manage retail staff that includes the cashiers. Meets the financial objectives
pricing policies. Determines the daily coupons and also ensures that the pricing
is correct. Interprets and ensures the employees’ compliance towards the policies.
This includes the target for the day and assurance that customer care is top
priority.
JOB SPECIFICATION
2. Food Handler
JOB STATEMENT
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Food Handlers are responsible for cooking, preparing, serving, packing, displaying
and storing food. They must follow any safety instructions issued by an employer,and
conduct their duties in such as way so that they do not affect the health and safety
JOB SPECIFICATION
Good Sanitation
JOB STATEMENT
Food Handler Assistant helps and aids in packing, serving, cooking food and
follows a safety instructions in doing food related procedures. Cleans and sanitizes
work areas, equipment, utensils, dishes, or silverware. Keep records of the quantities
of food used.
JOB SPECIFICATION
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Excellent written and verbal skills
4. Purchasing Manager
JOB STATEMENT
A purchasing manager purchases the raw materials needed and takes note of the
goods. Maintains the purchasing policy and ensures that all purchases comply. Takes
note of the budgeting, costing and cost saving after reviewing the management
information available including Health and Safety, Quality and other legal
requirements.
JOB SPECIFICATION
Analytical Skills
Communication skills
Mathematical Skills
5. Purchasing Assistant
JOB STATEMENT
and procedures, and in maintaining supply inventory levels required for effective
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company operation. They will also be conducting regular price comparisons to ensure
that the company is always getting the best price for each product that is purchased.
JOB SPECIFICATION
Able to create and administer a task priority list based on company needs
6. Marketing Manager
JOB STATEMENT
advertising campaign that will have a simple and complex outcome. Works with
their team members to determine the best and most creative ways to advertise
the company’s products or services. Tests out the public interest for a new
product or service. They will also identify the most effective way for their products
JOB SPECIFICATION
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Experienced in advising product teams about potential markets, desirable
7. Marketing Assistant
JOB STATEMENT
JOB SPECIFICATION
Communication skills
Numerical skills
IT skills
Analytical Skills
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8. Finance Manager
JOB STATEMENT
They manage the cash flow in and out of their organization and ensure
activities and provide strategies that the company should take and maintains
JOB SPECIFICATION
9. Finance Assistant
JOB STATEMEMENT
proposals in order for the usage of the junior and senior financial managers.
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Checks, corrects and maintains a variety of financial and other business
JOB SPECIFICATIONS
5.4. Compensation
Burrito Koreano decided that they should implement some rules that can help discipline
employees for the good of the business. All members are well-informed and oriented
A. Confidentiality - the purpose of this policy is that information of the company within
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All members of Burrito Koreano must never reveal sensitive and personal
Any documents relevant to Burrito Koreano must be kept in safe, dry and
secure locations.
the managers.
B. Codes of Conduct - this policy allows members to know what is morally acceptable
and what repercussions they will receive should they not act for the good of the business.
All employees must not exhibit improper behavior towards customers and other
C. Attendance - this policy shows how attendance is necessary for both the employees
in Burrito Koreano.
Employees must submit a medical certificate if they were absent for a number of
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Compensation is determined by the amount of work hours done.
All allowances will be released in every 28th day of the month depending on the
E. Meetings
Meetings will commence if there are more than five members present.
responsible for providing a summary on the discussion that took place in the
meeting.
F. For Leave
All members are requested to file a Notice for Leave in a span of two weeks before
Employees can only have three vacation leaves and three sick leaves with pay but
Every member is to market the products to the customers with the help of
marketing team.
All forms of promotion of the products will be led by the marketing team.
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The marketing team is responsible in any marketing activities that should be
By the end of the month, the marketing team must present the sales report to the
company.
Pricing
All departments should minimize its cost to set a low price for the products.
Distribution
Assigned members are held responsible for any problems encountered during
production.
Marketing Promotions
All forms of sales promotion should be presented to the management for approval.
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All social media accounts in advertising must be updated to attract and gain more
customers.
Quality Control
Sorting out and checking ingredients quality are done before and after producing
The ingredients and other raw material should be bought from reliable suppliers.
recipe.
The manager and assistant manager are responsible for the quality of the
Production
Buying ingredients and raw materials should be done on the first day to
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Transportation of Products
food handler.
containers in order to ensure pristine food condition and for easy handling and
Labor
All members should adapt, overcome, and execute during the production in case
All labor force should be present at all times especially during massive production
to avoid unbalance task/roles and must inform the manager of the roles you are
Withdrawal of Cash
All moneys taken out from the bank should be approved by the head and finance
team.
The finance team is responsible for any withdrawals made in the business.
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Bank Accounts
The head and the finance team should have the authorization when to open up,
Debt Collection
relationship with.
If collection is not made within the period given, a notice will be given to the
customer.
Budget Plans
When deciding to propose a project for the business, a budget plan should be
presented to ensure the money is well accounted for and to assess the budget
Transactions
The managers should be informed if there are transactions made in the business.
and out.
Recording Policy
Every transaction made should be recorded and must be kept by the finance
manager.
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Keeping the cash and deposit cash receipts should be handled by the treasurer of
the organization.
purchased.
6. Apply for Certificate of Registration (COR) and TIN at the Bureau of Internal
Revenue (BIR)
7. Obtain the authority to print receipts and invoices from the BIR
9. Register with the Securities and Exchange Commission (SEC) for business
partnership
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10. Department of Trade and Industry (DTI) registration for the business trade name
11. SSS, PhilHealth, and Pag-ibig Fund registration for registering the company as an
employer and for remitting employee’s contribution together with the employer’s
share
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APPENDIXCES
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CURRICULUM VITAE
EDUCATIONAL BACKGROUND
Secondary Education:
Senior High School
Address : Colegio de la Inmaculada Concepcion-Cebu
45 Gorordo Ave., Lahug, Cebu City
Strand : Accountancy, Business and Management
Year to graduate : 2018
Junior High School
Address : Colegio de la Inmaculada Concepcion-Cebu
45 Gorordo Ave., Lahug, Cebu City
Year Graduated : 2016
Primary Education:
Address : Colegio de la Inmaculada Concepcion-Cebu
45 Gorordo Ave., Lahug, Cebu City
Year Graduated : 2013
Address : Santa Isabel Child Development Center
Borbajo St., Talamban, Cebu City
Year Graduated : 2007
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ORGANIZATIONAL AFFILIATIONS
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WORK EXPERIENCE
Empire Events
Assistant
September 2017-Present
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Gracielle Kyle G. Burgos
Email: gillianasisgracielle@gmail.com
Educational Background
Secondary Education:
Address : Colegio de la Inmaculada Concepcion - Cebu
45 Gorordo Avenue, Cebu City 6000
Strand : Accountancy, Business and Management
Year to Graduate : 2018
Organizational Affiliations
Member (2013-2014)
President (2015-2016)
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Disaster Risk and Reduction Management Team (DRRMT)
2014-2016
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Pheb Julienne L. Cabrera
Address: 1054 MJ Cuenco Ave. Cebu City
Email: phebjulienne@gmail.com
EDUCATIONAL BACKGROUND
Secondary Education:
Address : Colegio de la Inmaculada Concepcion - Cebu
45 Gorordo Avenue, Cebu City 6000
Strand : Accountancy, Business and Management
Year to Graduate : 2018
Organizational Affiliations
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Rose Marie C. Carabuena
Address: Block 27 Lot 4 NHA Busay, Cebu City
Email: rosemariecarabuena@yahoo.com
Educational Background
Secondary Education:
Address : Colegio de la Inmaculada Concepcion - Cebu
45 Gorordo Avenue, Cebu City 6000
Strand : Accountancy, Business and Management
Year to Graduate : 2018
Organizational Affiliations
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Shanine Alexia Cordovez
Email: shaninealexiacordovez@yahoo.com
Educational Background
Secondary Education:
Address : Colegio de la Inmaculada Concepcion - Cebu
45 Gorordo Avenue, Cebu City 6000
Strand : Accountancy, Business and Management
Year to Graduate : 2018
Organizational Affiliations
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Hannah Gayle P. Diez
Address: 90-2.U Alviola Street, Cebu City
Email: diezhannah@gmail.com
Educational Background
Secondary Education:
Address : Colegio de la Inmaculada Concepcion - Cebu
45 Gorordo Avenue, Cebu City 6000
Strand : Accountancy, Business and Management
Year to Graduate : 2018
Organizational Affiliations
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Sunshine P. Ligan
Address: General Maxilom Ext. Brgy. Carreta, Cebu City
Email: sunshineligan20@gmail.com
Educational Background
Secondary Education:
Address : Colegio de la Inmaculada Concepcion - Cebu
45 Gorordo Avenue, Cebu City 6000
Strand : Accountancy, Business and Management
Year to Graduate : 2018
Organizational Affiliations
June 2012-Present
Bookkeeping
Colegio de la Inmaculada Concepcion – Cebu
2016 – Present
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Christian Paul L. Miole
Email: Rotor747gaming.ph@yahoo.com
Educational Background
Secondary Education:
Address : Colegio de la Inmaculada Concepcion - Cebu
45 Gorordo Avenue, Cebu City 6000
Strand : Accountancy, Business and Management
Year to Graduate : 2018
Organizational Affiliations
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Harryl Marte A. Sanchez
Email: Harrylmarte@gmail.com
Educational Background
Secondary Education:
Address : Colegio de la Inmaculada Concepcion - Cebu
45 Gorordo Avenue, Cebu City 6000
Strand : Accountancy, Business and Management
Year to Graduate : 2018
Organizational Affiliations
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