Answer the Cecilio K. Pedro – Lamoiyan CorporationCecilio K. Pedro is another Filipino businessman of Chinese descent but his story is notthe typical rags-to-riches tale but about turning adversity into triumph. He earned hisbusiness management degree at the Ateneo de Manila University, one of the moreprestigious private schools in the Philippines.He once headed Aluminum Container, Inc. which was the major supplier of thecollapsible aluminum toothpaste tubes that were formerly used by local manufacturersof Colgate-Palmolive, Procter and Gamble and the Philippine Refining Company (nowUnilever). However, technological innovations and the environmental concerns overaluminum materials prompted the multinational companies to make use of the plastic-laminated toothpaste tubes as an alternative. As a result, Cecilio's aluminum factoryclosed shop in 1985, but this didn't stop him from exploring other ways to put his factoryequipment into good use.Cecilio K Pedro decided to compete with the multinational giants by producing locallymade toothpastes and hit them where it would hurt the most – the selling price. Hefounded the Lamoiyan Corporation, which became the manufacturer of the first locallyproduced toothpastes "Hapee" and "Kutitap" (sparkle). They were sold in the Philippinemarket at 50 percent lower than the selling price of the well known foreign brands.Although Colgate countered by dropping the price of its toothpaste products 20 percentlower than their original price, Cecilio Pedro came up with another innovation that gavehim a further edge in the local market scene. He developed multi-flavored toothpastesfor children that came brightly packaged in tubes and boxes adorned with "“SesameStreet" characters. Today, the market for the budget-friendly toothpaste brands hasexpanded to neighboring countries like China, Vietnam and Indonesia.However, the low-priced toothpaste was not the only strategy that took LamoiyanCorporation to the pinnacles of success. The company was lauded for having the "MostOutstanding Program for Equal Employment Opportunity" by providing workopportunities to the country's hearing-impaired community members.Lamoiyan's employment program includes free housing for more than 30 deaf-mutestaff, while the company's managers are required to learn sign-language as a means ofcommunicating with the hearing-impaired staff. Since the founding of the LamoiyanCorporation, about 180 deaf-mute students have received a free college education through D.E.A.F. which stands for Deaf Evangelistic Alliance Foundation, founded andchaired by Cecilio K. Pedro and officially recognized by the Philippine government'sDepartment of Education and Culture.Cecilio K. Pedro was awarded with an Honorary Doctor of Philosophy in TechnologicalManagement by the Technological University of the Philippines in recognition of hiscorporate and social achievements. Dr. Pedro ingrained his own belief through thecompany's corporate motto:" Making the difference for the Glory of God".Questions:1. Are there any barriers to execution? Explain2. Can these barriers be addressed differently? Elaborate.

Question

Answer the Cecilio K. Pedro – Lamoiyan CorporationCecilio K. Pedro is another Filipino businessman of Chinese descent but his story is notthe typical rags-to-riches tale but about turning adversity into triumph. He earned hisbusiness management degree at the Ateneo de Manila University, one of the moreprestigious private schools in the Philippines.He once headed Aluminum Container, Inc. which was the major supplier of thecollapsible aluminum toothpaste tubes that were formerly used by local manufacturersof Colgate-Palmolive, Procter and Gamble and the Philippine Refining Company (nowUnilever). However, technological innovations and the environmental concerns overaluminum materials prompted the multinational companies to make use of the plastic-laminated toothpaste tubes as an alternative. As a result, Cecilio's aluminum factoryclosed shop in 1985, but this didn't stop him from exploring other ways to put his factoryequipment into good use.Cecilio K Pedro decided to compete with the multinational giants by producing locallymade toothpastes and hit them where it would hurt the most – the selling price. Hefounded the Lamoiyan Corporation, which became the manufacturer of the first locallyproduced toothpastes &#34;Hapee&#34; and &#34;Kutitap&#34; (sparkle). They were sold in the Philippinemarket at 50 percent lower than the selling price of the well known foreign brands.Although Colgate countered by dropping the price of its toothpaste products 20 percentlower than their original price, Cecilio Pedro came up with another innovation that gavehim a further edge in the local market scene. He developed multi-flavored toothpastesfor children that came brightly packaged in tubes and boxes adorned with &#34;“SesameStreet&#34; characters. Today, the market for the budget-friendly toothpaste brands hasexpanded to neighboring countries like China, Vietnam and Indonesia.However, the low-priced toothpaste was not the only strategy that took LamoiyanCorporation to the pinnacles of success. The company was lauded for having the &#34;MostOutstanding Program for Equal Employment Opportunity&#34; by providing workopportunities to the country's hearing-impaired community members.Lamoiyan's employment program includes free housing for more than 30 deaf-mutestaff, while the company's managers are required to learn sign-language as a means ofcommunicating with the hearing-impaired staff. Since the founding of the LamoiyanCorporation, about 180 deaf-mute students have received a free college education through D.E.A.F. which stands for Deaf Evangelistic Alliance Foundation, founded andchaired by Cecilio K. Pedro and officially recognized by the Philippine government'sDepartment of Education and Culture.Cecilio K. Pedro was awarded with an Honorary Doctor of Philosophy in TechnologicalManagement by the Technological University of the Philippines in recognition of hiscorporate and social achievements. Dr. Pedro ingrained his own belief through thecompany's corporate motto:&#34; Making the difference for the Glory of God&#34;.Questions:1. Are there any barriers to execution? Explain2. Can these barriers be addressed differently? Elaborate.

Accepted Answer

A company never works in isolation and is always influenced by various factors around it. These…

Questions: 1. Are there any barriers to execution? Explain 2. Can these barriers be addressed differently? Elaborate.