MACHINES

Report By: GROUP 1

 Machines
• Machines can be described as the “best friend” of
manpower in producing goods and offering
services. They go hand in hand. Sometimes,
machines can even replace employees. Machines
have become one of the 4Ms because they are
very important aspect of goods and service
production, and they have changed the way
entrepreneurs conduct business. Machines are
not only limited to physical equipment but can
also pertain to new technologies that help
business operations become standardized and
seamless. Without machines, business operations
will be cumbersome, costly, and with low quality.
 Equipment and Other
Facilities
Depending on the product that the
entrepreneur produces or the service that he
or she offers, the facilities must be
strategically placed in the manufacturing site
or in the service delivery area. The
entrepreneur must prepare a facility plan that
details the most economical way to
manufacture the product or offer the service
by placing the facilities where they can be
efficiently used.
 The sizes and shapes of the facilities and
equipment affect the entire operations
process, so the site must be adapt to how big
or small the pieces of equipment are. The site
must also be conducive, well-ventilated, and
well-lit, so that the employees can manage the
machines efficiently. There should be fire
exists and safety reminders on how to use the
facilities to ensure safety of the employees.
The equipment to be used should all be
compliant with safety requirements to prevent
accidents.
 For pieces of manufacturing equipment
that are complicated to operate (including
delivery vehicles), the entrepreneur must
ensure that the employee went through
rigorous training or certification to operate
them. The entrepreneur must also allocate
space for the storage of equipment, including
the parking of delivery vehicles. Ultimately,
the goal of the entrepreneur is to maximize
the pieces of equipment to their full capacity
to minimize manufacturing or service delivery
costs.
 Telecommunications and
Information Technology
Regardless of any business the entrepreneur
will venture into, telecommunications and
information technology equipment is
mandatory. These pieces of equipment include
mobile phones or smartphones, tablet
computers, phablets (phone and tablet in one),
landlines phones, laptops or desktop
computers, POS machines, software
programs, and business website. These tools
aid the entrepreneur in making business
processes fast and convenient.
 Here are the advantages of having
telecommunications and information technology
equipment in a business:

• Landline phones - order-taking, telemarketing, and

teleconferencing with business partners and
customers
• Mobile phones(smartphone, tablet computers,
phablets) - mobile application for order-taking,
mobile application for payments, mobile
marketing, social media marketing,
teleconferencing with business partners and
customers, marketing research, mobile banking
and Internet promotions
• Laptop and desktop computers - order-
taking, Internet marketing, making
conference call with business partners and
customers, marketing research, online
banking, preparing reports such as financial
statements, business case, inventory
reports, and legal and compliance reports
• POS machines – charging customers’ debit
or credit card, tracking sales, storing data,
analyzing purchases
• Accounting and inventory software –
accounting all business transactions and
profitability, monitoring sales and inventory
• Web site – order-taking, 24/7 marketing,
having online conversation with customers,
tracking customers activities online,
collecting customer information
 The responsibility of the entrepreneur is
to protect these pieces of equipment
physically and against fraudsters who will be
using these information to malign or steal
from business. These machines carry
confidential information.
There must be a business continuity
plan (BCP) should machines not work
properly.
 On the information technology
side, the entrepreneur must appoint
two or more reliable information
technology experts whom they can
call whenever there are issues
encountered in the software and
computers.
 MACHINES GROUP:
1. Aragon, Jeyson
2. Delos Reyes, Krista Jamaica
3. Flores, Karla Ellaine Marie
4. Fundador, Rosaly
5. Serenado, Mark Jay
6. Tual, Ligaya
THANK YOU! 😊