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Fresh Choice

Autor:   •  February 2, 2016  •  Case Study  •  618 Words (3 Pages)  •  6,289 Views

Page 1 of 3

I. Time Context

        January 2016

II. Viewpoint

        Vice President of Operations of Fresh Choice Fishing Company

III. Vision – Mission – Values Statement

Vision

  • To be recognized by consumers and suppliers as a leading fish processing company that satisfies consumers’ processed food requirements and ensure them that the company provides efficient production of nothing but quality products.

Mission

  • Meet the requirements and needs of our customers and ensures that it will be identified and taken into consideration at all times and to strengthen the company’s culture.

Values

  • People: Gives importance to the employee who helps the company to be better and competitive.
  • Quality: Strive for excellence through continuous improvement.
  • Aquaculture: Prohibits the catching of unwanted and endangered species and to ensure that the marine ecosystem is not destroyed

IV. Statement of the Problem

        How will the Fresh Choice Fishing Company minimize the occupational hazards confronting fishermen and improve their compensation security?

V. Statement of Objectives

LONGRANGE OBJECTIVES

  • To conserve and increase fish stock to achieve sustainable production.
  • To minimize the occupational hazards confronting fishermen
  • To be able to have continuous improvement in profitability and security.

SHORT RANGE OBJECTIVES

  • To develop new methods on catching marine animals.
  • To lessen the operational expenses in order to improve the compensation security.
  • To monitor the performance of each employee.

VI. Alternative Courses of Action

ACA #1: Implement High Security and Safety to employees

ACA#2: Explore Non-Monetary Benefits

ACA#3: Implement Quota-based fishery management system

VII. Analysis of Alternative Courses of Action

ACA #1: Implement High Security and Safety to Employees

ADVANTAGES:

  • Employees will be motivated to work despite of the climate change.
  • Increase Productivity.
  • Less Fatalities and injuries among the employees.

DISADVANTAGES:

  • Additional expense to the company.

ACA #2: Explore Non-Monetary Benefits

ADVANTAGES:

  • Helps the company to improve its relationship to the employees
  • Promote creativity and teamwork among employees.
  • Does not involved large amount of money.
  • Lower expenses versus others.
  • Benefits both employee and the company.

DISADVANTAGES:

  • The excitement of non-monetary benefits depends on the employee.
  • Might not meet the expectation of the employees.
  • Uncertainty about future value of some non-monetary benefits.

ACA #3: Implement Quota-based in fishery management system

ADVANTAGES:

  • Opportunity to increase equity.
  • Managers limit how much individual fisher may catch.
  • Less Incentive to take risks such as fishing without adequate rest or fishing in bad weather.
  • Result in the use of newer, safer vessels and gear.
  • More professional and better-trained crew.

DISADVANTAGES:

  • Results may not always meet expectation
  • Limited total catches of fish may result to less opportunity for each fisher to earn income
  • If the number of fishers competing for resources is not limited, then fishers’ average incomes may decline, causing them to take greater risks.

VIII. Decision Statement

I have decided to choose ACA #3 because I have determined that by implementing or adding quota-based in the existing fishery management system of the company can help to solve the major problems that they are facing such as the occupational hazards confronting the fishermen or other employees and the compensation security. As stated above, with regards to its advantages, Quota-based may result to the use or implementation of newer and safer vessels and gear. With this, it already touched the concern of the company when it comes to the safety of the fishermen.

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