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    Socio Economic Study

    Uploaded by

    Manilyn Shaine Mandia
    The document discusses the socio-economic impact of a new business by outlining its objectives related to the environment, economy and community. It will properly utilize resources, support the local economy, and provide jobs and community programs. The business will comply with all government requirements and provide tax revenue.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Socio Economic Study

    Uploaded by

    Manilyn Shaine Mandia
    25 views2 pages
    The document discusses the socio-economic impact of a new business by outlining its objectives related to the environment, economy and community. It will properly utilize resources, support the local economy, and provide jobs and community programs. The business will comply with all government requirements and provide tax revenue.

    Original Description:

    Feasibility Study

    Original Title

    [06]Socio Economic Study

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    The document discusses the socio-economic impact of a new business by outlining its objectives related to the environment, economy and community. It will properly utilize resources, support the local economy, and provide jobs and community programs. The business will comply with all government requirements and provide tax revenue.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    25 views2 pages

    Socio Economic Study

    Uploaded by

    Manilyn Shaine Mandia
    The document discusses the socio-economic impact of a new business by outlining its objectives related to the environment, economy and community. It will properly utilize resources, support the local economy, and provide jobs and community programs. The business will comply with all government requirements and provide tax revenue.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    CHAPTER 6

    SOCIO-ECONOMIC STUDY
    INTRODUCTION
    As a new business enterprise is established, it should consider not only generating profit
    but also how it would contribute to the social and welfare benefits of the public. Every business
    must consider how it would take part in the growth of the economy.
    The socio-economic impact of the study will plainly discuss the positive qualitative and
    quantitative effects of the business to its external factors.

    Objectives: Economy, Environment, Community


    a) to clearly indicate proper utilization of resources of the environment
    b) to signify its positive effect in the economy of the country
    c) to support the communitys objectives in terms of employment by providing additional
    jobs for the residents
    A. Environmental concerns
    Our proposed business aims to satisfy both the needs of individual and entity. One
    of the economic problems of the Philippines is the proper utilization of our resources. Since Iba,
    Zambales produces more mangoes not consumed by its residents, we made it possible to at least
    use them in an advantageous way. Also, our company will assure it is responsible to follow all
    the laws, rules and regulations implemented by the Philippines concerning the proper
    management of resources and any other environmental issues to become a socially responsible
    manufacturer. To support this commitment, policies and procedures are developed within the
    company with regards to related waste disposal management with a high degree supervision and
    control to ensure full compliance.

    Polytechnic University of the PhilippinesPage 120

    B. Community contributions
    The proposed business will benefit the community by providing additional jobs
    to the residents and offering a reasonable salary according to employees skills and their
    contribution to the success of the business. Also, it will promote Zambales as one of the wellknown places in providing the best tasting mango products. Moreover, the company will provide
    scholarship programs to the qualified family member of the employees. Community projects
    such as Livelihood Development Programs among families and communities, medical and dental
    consultation & services will be conducted in partnership with hospitals, other businesses and the
    government to ensure that the proposed business provides numerous contributions not only to the
    employees but also to the entire community.

    C. Philippine Government
    . The proposed business warrants to the government that all the requirements that it
    requires will be complied and satisfied. All fees from registration up to commencement of
    operations will be paid. The proposed business will provide the government with the correct
    amount of taxes and any duties that the proposed business is expected to discharge.
    Overall, the proposed business will give the Government an additional source of income
    to help promote the welfare of Filipino people.

    Polytechnic University of the PhilippinesPage 121

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