Philippine Manufacturing Industry

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Abstract This paper will discuss the distribution system in the Philippine manufacturing industries. The history where the Philippines started when Introduction Method As for methodology I used a secondary research to gathered and collect the data. It involves acquiring and using information that other gathered by primary research. I read and searched some articles that are related on this topic. And for me to collect information and get an idea, all this research data and materials that I have used in making the paper are from the web, sample essay, and pdfs. Discussion Every company success is depending on its ability to generate new products and services that can meet the customers’ needs. They transform raw materials…show more content…
Development slowed because of the economic mismanagement and corruption under President Marcos regime, which imposes martial law that suspended civil rights and forces to have military rule. During his era he focused on improving the economy of the Philippines but the government increases their spending particularly on infrastructures. Lavish and wasteful spending and aggressive borrowing of money cause a massive government debt even it has a times of positive growth lately it fails to improve its local industries. The Philippines attempt on becoming an industrialized nation throughout the year 1950s. For continuing the development of the labor intensive export manufacturing, economic policies consider on giving a little amount of incentive for it. And in the 1970s the administrations pursue a policy to uplift export manufacturers and the foreign investment as well as the rate of economic growth in our country. But the country’s foreign debt grew tremendously though in the mid-1970s we faced certain issues on meeting these payments on its international…show more content…
Through nonstop battling against corruption, Philippine government bring back investors confidence to invest in the country. Some of these countries introduce a new technology to help the production in manufacturing. As the globalization continuous there is an improvement in transportation and communication. Global food and beverage companies expand their operation in the Philippines and gives opportunities to the Filipinos because of the growing of middle class, rising of population, and increasing purchasing power of the local citizens. Having the investments of foreign companies, it will make the developing countries more receptive to social and economic changes as they enter in the global market and they have to adopt modern values and business
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