TITLE:
A Case Study of the Organization and Management of Bongabon Market Vendors Multi-Purpose Cooperative
AUTHORS:
Fhrizz S. De Jesus, Cleah F. Dela Cruz
KEYWORDS:
Functions of Management, Cooperative, Vendors
JOURNAL NAME:
Open Access Library Journal,
Vol.8 No.3,
March
23,
2021
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.