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Food and Beverage Manufacturing Industry Executive Summary The aliment and beverage manufacturing patience is grounded on stable demand because of high-pitched population development rate and consistently higher family income storage allocation for food and beverage. In addition, there are emerging unknown markets, including China, which patroned decrease in trade deficit, from US$ 886 cardinal in 2002 to US$596 million in 2003. The vast resources of the Philippines make it a viable maker of food products. With suitable climate, fertile soil, and rank labor, the country has a competitive advantage as a raw materials producer. The manufactures Gross Value Added (GVA) has change magnitude by 7% in 2003 or P110.75 billion pesos in constant 1985 prices. fiscal ratios of industry players, such as liquidity, leverage, profitability, and natural process are expense looking at. The ratios were relatively good and countenance for definitely help the players maintain stabilit y in the medium-run. The loser predictor locution (Altman Z score) showed that less than 20 unwrap of the 214 samples keep back chances of confront downfall. There are a itemize of issues that are pivotal to the industry. The increasing prices of petroleum in the Dubai and brent goose markets have greatly affected the mode of production. Prices of final products have increased, as well.

The WTO s move towards complete trade ease is something to watch out. virtually are worried that abolition of tariffs and new(prenominal) trade duties will allow uncontrollable entry of exotic goods into the country and at last eating up the local anesthetic industr! ies market share, or realise down prices of local goods. On the other hand, exporters see it as their slating to easily cypher new markets. International opportunities are forgone because of slimy quality control, as a result of lack of technology. precisely a a couple of(prenominal) of the hundreds of Filipino companies have the competence of handout through foreign standards of quality, most notable of which is the Hazard psychoanalysis Critical...If you want to get a full essay, order it on our website: BestEssayCheap.com

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