Market Feasibility Study

This is so considering that based on the facts, the problems brought about by backlogs had been manifest only in December 2006. Although it may presumed that the same set of circumstances prevailed in the previous set-up, for lack of data, this study will not delve on periods earlier than 2006. The analysis will venture within the time frame and will attempt to propose solutions which are corrective to the problems identified. The proposed solution/s is viewed to be applied prospectively.

This study identifies policy-related reason/s/cause/s of the work backlogs resulting to delays in the delivery of finished products and the consequent failure to meet contract terms. IV. STATEMENT OF THE OBJECTIVES The ultimate objective of this analysis is to provide a solution to keep ABC running, achieving its goals and targets and meeting its accountabilities. The basic objective involves the identification of policy-related issues/problems and to co-relate these matters to solutions that may be provided via policy review and adoption of new/corrective house rules.

Specifically, this analysis will: 1. identify problems related to backlogs and output issues; and 2. propose solutions to identified problem areas. The identification of problems related to backlogs and output issues is at point with the corresponding proposed solution/s, therefore, specific. The result of the policy implementation in terms of finished outputs vis-a-vis the scheduled outputs is quantifiably measurable. Moreover, the problem identification and proposal of solution/s require no complex procedure and therefore attainable.

The proposed solution/s through policy adoption zero-in only to the problems identified and its success will depend simply upon its rigid implementation, hence, realistic. Finally, the period where data are sourced is confined to a certain span of time; the period for data analysis and policy review is set to a maximum one month limit; the application/implementation of the new/corrective policy/cies must be made within five months and the same to subsist prospectively. This thread will account for the time-boundedness of the analysis.

The study will primarily consider the internal environment/issues, particularly those which affects the backlogs and failure to meet schedule/s of deliveries. As brought about by failure to meet schedule of deliveries, the customers (current and prospects) draw impression on the corporation’s professional dealings. This matter concerns ABC’s external environment and is an area which should receive as much of that internal environment’s consideration.

The following are factors not expressly stated in the case but need to be assumed to better understand the case and to suit the proposed solutions: 1. ABC is still operating. This assumption is anchored on the prognosis that the corporation would be bankrupt in five months if penalties would not be subverted. Considering the said prognosis was made in December 2006, more than sixty months or five years had already lapsed since then, without this assumption, reliance to the said calculation would lead to no other another conclusion, i. e. that ABC had been bankrupt, closed shop, liquidated its assets and settled its accountabilities. In other words, ABC Steel Corporation had dissolved way back in the past. If this is so, there would be no necessity to propose a solution which is the inclination of this study. 2. ABC observes and follows laws, rules and policies affecting its operation and the management of its employees/laborers. This study partly takes into consideration that there are existing laws, rules and policies of the government that ABC may not close its eyes but is compelled for their strict observance.