AN ORGANIC ECO FARM FINANCIAL STUDY
A CASE STUDY
PRESENTED TO THE FACULTY OF THE
DEPARTMENT OF BUSINESS AND MANAGEMENT
COLLEGE OF MANAGEMENT AND ECONOMICS
VISAYAS STATE UNIVERSITY
VISCA, BAYBAY CITY, LEYTE
IN PARTIAL FULFILLMENT OF THE
REQUIREMENTS FOR THE DEGREE OF
BACHELOR OF SCIENCE IN AGRIBUSINESS
ELLIE MAE C. CONDE
FEBRUARY 2024
INTRODUCTION
Farming has been an integral part of human civilization since the dawn of time. It has been
the backbone of our society, providing us with food, clothing, and shelter. In recent years, there
has been a renewed interest in farming, as people have become more aware of the impact of
their food choices on the environment and their health. The current state of agriculture is a
complex issue, with challenges such as climate change, overfishing, and the destruction of
natural habitats. As we move forward, it is important to recognize the role that farming plays in
our lives and to support sustainable farming practices that benefit both people and the planet.
Paglinawan Organic Eco Farm is a 10-hectare agriculture eco-tourism farm site located in
Dumingag, Zamboanga del Sur, Philippines. The farm was established by Gerry Paglinawan,
who gave up his lucrative salary as an overseas Filipino worker to pursue his passion for
farming. Combining the entrepreneurial and farming skills he learned from his parents, Gerry
started the Paglinawan Organic Eco Farm. The farm offers a variety of organic products like
black, brown, and white rice and 3-in-1 turmeric teas. The Paglinawan family is also advocating
organic products, as many people are now health-conscious and understand more about
healthy living.
Paglinawan Organic Eco Farm was selected as the author's training ground, providing a
practical environment to apply various management practices acquired in the classroom. This
opportunity aims to enhance basic management skills and deepen the author's understanding
of aspects that complete acadamic learning, which are essential for the farm's daily activity. The
immersive experience at Paglinawan Organic Eco Farm served as a valuable extension of the
author's education, offering insights and practical application that goes beyond the theoretical
understanding. This hands on approach contributes to a more comprehensive skills set and
prepare the author for the dynamic challenges within the agribusiness sector.
Objectives of the study
Generally, the case study will aim to observe and assess the overall operations and
management practices of Paglinawan Organic Eco Farm.
Specifically, the study will aim to:
1. Perform management-related activities in the agribusiness firm;
2. Identify the problems (faced by the firm in the focused area and commodity); an
3. Generate the best solutions to the main problem identified.
Significance of the study
The case study aims to apply theoretical knowledge acquired by the author in academic
settings to the practical realm of business operations. This endeavor offers the author an
opportunity to enhance their understanding of managing a real business and cultivate critical
thinking skills in decision making. The study will further assist the author in formulating
potential strategies, utilizing SWOT analysis to evaluate the farm's future operation.
The results of the study also serve as a reference for the management for any future
managerial decisions. It also serve as reference for any future related studies.
Scope and Limitations of the Sutdy
The Paglinawan Organic Eco Farm is a thriving agricultural eco-tourism site located in
Dumingag, Zamboanga del Sur. Spanning 10 hectares, this farm combines sustainable farming
practices with innovation. Visitors can explore organic cultivation methods, witness sustainable
practices, and connect with nature. The farm offers an array of noteworthy organic products
like agriko Turmeric Tea: Crafted from turmeric extract, this flavorful tea harnesses the health
benefits of turmeric, organically Grown Rice: The farm cultivates black, brown, and white rice
using organic methods, ensuring a wholesome and nutritious choice for consumers, 5N1
Turmeric Powder: A versatile spice blend that incorporates turmeric and other beneficial
ingredients, making it easy to incorporate turmeric into your diet, roasted Black Rice with
Turmeric Blend: This unique blend combines nutty roasted black rice with the goodness of
turmeric, adding a delightful touch to your pantry, and pure 5N1 Powder Shot: A concentrated
boost of 5N1 turmeric powder for those seeking quick turmeric goodness. However, this study
will focus only on the financial aspect of Paglinawan Organic Eco Farm.
Additionally, the study will be conducted over a 300-hour period, commencing on February
12, 2024, and conducting on April 12, 2024. This timeframe may impose limitations on the
depth of the longitudinal analysis, and external factors beyond researcher's control could exert
influence on the study outcomes. Understanding these limitations are essential for ensuring
accurate interpretation and providing guidance for future research in a more comprehensive
manner.
METHODOLOGY
Location and Time of the Study
This study will be conducted within the 300-hour On-the-Job Training from February 2024 to
April 2024 in Paglinawan Organic Eco Farm, located in Purok 6, Libertad, Dumingag,
Zamboanga Del Sur, Philippines.
Data to be Gathered
In this study, two types of data will be gathered: primary and secondary data. The main data
that will be required is related to the organization and management (e.g., employee profiles,
management policies and practices), production and processing activities (e.g., raw materials;
suppliers, volume, price, or payment procedure), process flow chart, sanitation and waste
management, and production output.
In order to provide us with an understanding of the financial standing of the agribusiness
company, a two-year income statement and balance sheet will be collected as secondary data
for Paglinawan Organic Eco Farm.
Data Gathering Procedure
In this study, the primary data will be collected through observation and actual work
participation in the financial activities of the financial area of Paglinawan Organic Eco Farm
situated at Purok 6, Libertad, Dumingag, Zamboanga Del Sur, Philippines with two months of
work internship. A series of interviews with the personnel of the agribusiness firm will also be
conducted.
Secondary data will be collected through the company's permanent records such as monthly
or cycle reports, financial statements, operational records and schedules of activities. Relevant
case studies that are conducted by previous researchers of Visayas State University-Main
Campus Library will also be utilized and will serve as guide in this study.
Data Presentation and Analysis
Primary and secondary data will be presented through charts, graphs, tables, and figures and
each will be discussed. The operation and management, production, marketing, and financial
management of Paglinawan Organic Eco Farm will be the four management facets that will be
covered through descriptive analysis. A SWOT analysis will be conducted to assess the internal
and external factors influencing the farm operation. These factors will be combined to
formulate prospective strategies and recommendations for the enhancement of forthcoming
operations.
Through ratio analysis, vertical analysis, and horizontal analysis, financial data will be examined.
A conclusion will be reached based on the analysis. To gain insightful knowledge about the
firm's situation, this will be compared to the industry standard. Once a problem(s) have been
identified by the student, they will be evaluated according to different criterion, iincluding their
importance to the agribusiness firm and likelihood of success. Using the case analysis approach
and after careful consideration with all the integrative aspects, recommendations on action to
be taken will be provided which will be presented through charts and graphs.
REFERENCES
Paglinawan Organic Eco Farm. (n.d.). Facebook.
[Link] .
Appendix Exhibit 1. Gantt Chart