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A Case Study of the Organization and Management of Bongabon Market Vendors Multi-Purpose Cooperative

DOI: 10.4236/oalib.1107204, PP. 1-14

Subject Areas: Socioeconomics, Business Ethics and Corporate Social Responsibility, Strategic Management, Social Issues And Public Policy, Operations Management, General Management, Behavioral Economics, Business and Economics Education, Welfare Economics

Keywords: Functions of Management, Cooperative, Vendors

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Abstract

This study described the Case of the Organization and Management of Bongabon Market Vendors Multi-Purpose Cooperative (BMVMPC). Specifically, it looked into the problems encountered of the Bongabon Market Vendor and analyzed how four Functions of Management contributes the problem of the Cooperative Market Vendor. This study used the descriptive-evaluative method and total enumeration for its sampling procedure. As to its findings, to ensure the respondents’ profitability and longevity, they “always” practice Four Functions of Management in the Bongabon Market Vendor Multi- Purpose Cooperative. Planning ranked number one among the four functions of management wherein Controlling ranked last. Based on the result, Planning ranked as number 1 in the assessment of the respondents based on Four Functions of Management. This means that a Cooperative business performs best if the connectivity of all the variables of a business works successfully and efficiently against its members. This study also revealed different problems of the respondents in different aspects of its operation. More so, based on the problems encountered by the respondents, the researchers categorized all the problems and based on the results, they found out that the number one problem of the Cooperative Market Vendor was Time Management.

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Jesus, F. S. D. and Cruz, C. F. D. (2021). A Case Study of the Organization and Management of Bongabon Market Vendors Multi-Purpose Cooperative. Open Access Library Journal, 8, e7204. doi: http://dx.doi.org/10.4236/oalib.1107204.

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