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ANALYSIS OF STRATEGY
IMPLEMENTATION IN THE
NEW NORMAL SETTING
AMONG HARDWARES
STORES IN SAN JOSE,
ANTIQUE
CHAPTER I
Literally, some define a hardware store as a retail store engaged primarily in the indoor
sale of hardware and home maintenance and improvement supplies. Others say it is a
facility for the sale of home, lawn and garden supplies, tools, and construction materials
such as brick, lumber and other similar materials. In a deeper speaking, it means premises
offering for sale products and materials used in home and building construction and
maintenance, including but not limited to tools, fasteners, fittings, parts of machinery
and associated appliances (according to Law Insider Dictionary).
Putting up a startup hardware store, especially in the Philippines, isn’t much of a hassle
since it can never run out of business (2018). A small hardware store can be started for
less than Php700, 000 which includes the rent for the building, start-up inventory, display
setup, and cash reserve for staffing and labor costs. On the other hand, larger ventures in
this business may require you a capital of 250, 000 pesos and more.
CHAPTER I
Hardware stores are one of the most important retail
shops ever to exist. It’s usually where contractors and
homeowners turn to whenever they need to either
purchase materials, hardware tools, and finishes for their
home or analyze a (home) problem that requires an
immediate solution (2018). According to Statistic
Research Department, the statistics shows the leading
store in the United States is the ACE hardware, and the
same store is still included in the top 5 hardware store in
the Philippines.
CHAPTER I
Background of the Study
The purpose of this research is to develop a comparative analysis
of competitive strategy of hardware store in San Jose Antique for
planning, marketing and operation system. The researchers is
intended to present a strategy understanding of the status of
hardware store as well option for how to approach the good
feedback for customer. This study is intended for customer by
analysis small to large in publicly for enhance as a solution to a
Transportation needed. This Research was developed through
literature and observation during pandemic. And overall purpose
of the analysis of competitive strategy for hardware store in
Antique as appropriate solution to an access requirements and
guidelines for operating of hardware store.
CHAPTER I
RRL
According to Ms. Joanne D. Loza the estimated income per month of their
hardware store ranges from P500, 000.00-P1, 000,000,000.00. In the 2015
Annual Survey of Philippine Business and Industry (ASPBI), the final results
showed that a total of 98,675 establishments in the formal sector of the
economy were engaged in Wholesale and Retail Trade. In 2015, the
estimated employment of the sector reached 1,008,210 workers, of which
979,250 (97.1%) were paid workers and the rest were working owners and
unpaid workers. The top three industries provided 15.7 percent of the total
employment or a total of 158,195 workers to the total work force of the
sector. These include the following: retail selling in department stores with
66,484 (6.6%), retail selling in supermarkets with 46,034 (4.6%), retail sale of
hardware materials with 45,677 (4.5%) (PSA, 2018).
CHAPTER I
STATEMENT OF THE PROBLEM
This study will be conducted to answer the
following questions:
What is the profile of the respondents according to:
Years of Service
Location
Annual Net Income
CHAPTER I
STATEMENT OF THE PROBLEM
What is the level of Annual Net Income of
hardware stores in San Jose, Antique?
Low- the capital does not grow
Average- the capital grows half
High- the capital grows double
CHAPTER I
STATEMENT OF THE PROBLEM
What is the implementation level of the
competitive strategy of hardware stores in
San Jose, Antique?
Low- poorly implemented
Average- moderately implemented
High- highly implemented
CHAPTER I
STATEMENT OF THE PROBLEM
Is there a significant difference in the level
of the Annual Net Income of hardware
stores in San Jose, Antique when
compared according to their level of
implementation of competitive
strategies?
CHAPTER I
FRAMEWORK
DEPENDENT VARIABLES
· Years
· Goals include marketing and financial performance of Ziloza Lumber
Presentation of Data
The obtained data results of the survey on the factors affecting the strategies
implemented by hardware store owners conducted in March 2022 was presented
in Table 4.
CHAPTER III
PRESENTATION, INTERPRETATION AND ANALYSIS
The graphical trends between each question and the number of respondents on
the factors affecting the strategies implemented by hardware store owners
Summary of Findings
The results of these findings showed that most of the store
owners agree with the significance of strategic planning and
monitoring of businesses in the new normal setting. It also
became evident that differences do exist among the hardware
store owners in the ways they implement their strategies with the
new normal set-up towards business and construction to avoid
profit loss and clients. In this study, comparative analysis
somehow provides a basis to issues related to business strategy
implementations that could help start-ups and developing stores
on what to do so that it will have a good revenue at the end of the
year
CHAPTER IV
SUMMARY OF FINDINGS, CONCLUSION, AND
RECOMMENDATION
Summary of Findings
Generally, this study determined that most of the
hardware store owners can adapt, innovate, and adjust to
the new normal set-up given that they determine the
root and causes as to why the challenges arise.
Furthermore, the study gave a fundamental point in the
field of business construction in the new normal setting.
It would be a big help to owners as to what they would do
in order to survive in the competitive world of business
particularly in construction and hardware.
CHAPTER IV
SUMMARY OF FINDINGS, CONCLUSION, AND
RECOMMENDATION
Summary of Findings
In view of the results, this quantitative research supports the statement,
factors such as the prioritization of tasks and activities, proper management,
and planning are effective factors influencing time management. It
emphasizes the need for store owners to prioritize the essential business plans
and activities in order to cope up with the loss brought by pandemic. Creating
such an environment entails a more functional and appropriate field for store
owners and employees. The employee’s answers to the questionnaires
recognized the importance of strategic planning of their company to fulfill
their duties as workers as well as to improve their work performance in the
new set up which could eventually lead to increase in profit and sales.
CHAPTER IV
SUMMARY OF FINDINGS, CONCLUSION, AND
RECOMMENDATION
CONCLUSION
As the Covid-19 pandemic continues to disturb the world's operational
equilibrium, the construction industry has experienced extraordinary
disruption in all of its activities. The industry is caught between assessing
the value of essential and non-essential projects, as well as stakeholders'
constant adjustments to the implications of site opening and closure in
light of governmental conditions and guidance, all while working to keep
the site operational, workers safe, and businesses afloat. This paper
examines the essential techniques adopted by construction businesses in
coping with the spread of the Covid-19 pandemic while managing building
sites, based on the multiple obstacles that the construction sector faces.
CHAPTER IV
SUMMARY OF FINDINGS, CONCLUSION, AND
RECOMMENDATION
CONCLUSION
This is vital since the construction industry is severely impacted by
the new obstacles posed by the coronavirus epidemic; thus, the
best path ahead for business continuity in the face of the Covid-19
pandemic must be pursued. Given the lack of research effort in
this specific field of managing the Covid-19 pandemic on
construction sites, descriptive statistics and exploratory factor
analysis were employed in this study to examine the primary
tactics adopted in managing the pandemic's transmission on
construction sites.
CHAPTER IV
SUMMARY OF FINDINGS, CONCLUSION, AND
RECOMMENDATION
CONCLUSION
Presented by:
Aragon Jovely
Basa Reymark Andrew
Blas John Ralph
Monsale Genalyn
Salvador Loren
Sangilan Cathrina Marie
Sobrino Crystal John