THE BUSINESS OPERATION OF INCOME GENERATING PROJECTS

Feb 3rd, 2012
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This study assessed the business operation of the Income Generating Project (IGPs) of Surigao del Sur State University. The areas covered in the assessment include the personnel management, production management, financial management and marketing management.

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THE BUSINESS OPERATION OF INCOME GENERATING PROJECTS (IGPs) OF SURIGAO DEL SUR STATE UNIVERSITYSubmitted by:Loureville Gilda Millan-UrquiaABSTRACTThis study assessed the business operation of the Income Generating Project (IGPs) of Surigao del Sur State University. The areas covered in the assessment include the personnel management, production management, financial management and marketing management.I. INTRODUCTION Present - day conditions demand a necessity for the school to venture on Income Generating Projects ( IGP) in order to survive. This is actually the main reason why Auxiliary Services and IGP pursuant to the provision of R.A. 8292 otherwise known as the "Higher Education Modernization Act of 1997" with the task of assisting the school to formulate plans and policies in line with the selection and implementation of IGP. Moreover, this is also aggravated by that five years from now the Maintenance and Other Operating Expenses (MOOE) will be gradually phased out as announced by CHED Manila. A provision of R.A. 8292 of Section 4 states that any income generated by the University or College aside from tuition fees and other charges, as well as from the operation of auxiliary services and land grants, shall be retained by the university or college, and may be disbursed by the Board of Regents/Trustees for instruction, research, extension, or other programs/projects (Novo, 2000) Surigao del Sur State University (SDSSU) being a venue for convenient training

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