Operations Management of Multipurpose Cooperatives in Rinconada Area, Philippines

Joecile G. Tarin

doi:10.56741/jmsd.v3i03.625

Authors

Joecile G. Tarin
joetarin@my.cspc.edu.ph
Camarines Sur Polytechnic Colleges

DOI:

https://doi.org/10.56741/jmsd.v3i03.625

Keywords:

Asset management, Budget evaluations, Career development, Financial stability, Personnel satisfaction, Policy reviews

Abstract

This study was conducted to determine the compliance of 13 multipurpose cooperatives in Rinconada with Memorandum Circular No. 2013-15 Series 2013 from the Cooperative Development Authority. It identified respondent profiles in terms of operational years, memberships, personnel, asset size, and services offered. The extent of compliance was assessed across organizational, social, economic, and financial aspects. Difficulties faced by cooperatives were determined, along with the relationship between profiles and compliance. Universal and convenience sampling methods were employed to select 119 respondents, including cooperative management, staff, and committee members. Data collection utilized questionnaires, interviews, and checklist observations. Results indicated that organizational factors minimally impacted operations, except for services offered. Social aspects showed associations but lacked statistical significance. Economically, asset size and services offered significantly influenced operations. Financially, factors like operational years, members, personnel, asset size, and services offered significantly shaped operational practices. The study suggests the development of a manual of operation to enhance cooperative effectiveness.

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Author Biography

Joecile G. Tarin, Camarines Sur Polytechnic Colleges

born in Jagnaya, Jamindan, Capiz, holds a Bachelor of Science in Accountancy from Colegio de la Purisima Concepcion in 1998. After briefly working at the Navigation Shipping Company in Manila, she has been a teacher and middle administrator at La Consolacion College Iriga since 2013. In 2019, she became a Licensed Professional Teacher after completing the Methods of Teaching program at the University of Northeastern Philippines. She also serves as the Treasurer of the La Consolacion College Multi-purpose Cooperative and is interested in researching the operations and management of multipurpose cooperatives. (email: joetarin@my.cspc.edu.ph).

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