PNOC Shipping and Transport Corporation: A wholly-owned subsidiary of Philippine National Oil Company
Date of Publication
2000
Document Type
Oral Comprehensive Exam
Degree Name
Master of Business Administration
Subject Categories
Business Administration, Management, and Operations
College
Ramon V. Del Rosario College of Business
Department/Unit
Decision Sciences and Innovation
Abstract/Summary
PNOC Shipping and Transport Corporation has very well served its role to efficiently transport petroleuem products nationwide which led to her creation in 1979. Now, the company is financial crisis brought about by management efficiencies, employees' demoralization and the inherent lack of support form the government to modernize its fleet.
The company is a self-sufficient government entity and has managed to maintain a significant share of the market despite the circumstances that inhibited its growth. Truly, the company had reached its peak and is now on the rink of bankruptcy. This kind of business does not necessarily be governed and regulated by the government because it will definitely control its productivity and growth.
This paper impels for continued operations of PNOC-STC to serve two purposes, first is to increase marketability to be able to facilitate a successful privatization and second, as a contingency program should another privatization fails. The deregulatory movements in the oil and domestic transport industries give more uncertainties for PNOC-STOC, fortunately, the company has initiated temporary measures to maintain the business by forming alliance with other player in the industry. By the thrust, the five-year projection proves to be favorable for the company but still cannot promise stability.
Abstract Format
html
Language
English
Format
Accession Number
OCE0543
Shelf Location
Archives, The Learning Commons, 12F Henry Sy Sr. Hall
Physical Description
172 leaves ; ill. (some col.) ; 30 cm.
Keywords
Transportaion--Philippines
Recommended Citation
Magnaye, A. (2000). PNOC Shipping and Transport Corporation: A wholly-owned subsidiary of Philippine National Oil Company. Retrieved from https://animorepository.dlsu.edu.ph/etd_masteral/2806
