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    Socio-Economic Impact Study

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    Grace joy Tabora
    This document discusses the objectives and significance of socioeconomic impact studies for businesses. It analyzes the impact of businesses on various groups including consumers, suppliers, investors, government, households, and communities. Specific impacts highlighted are new opportunities, income sources, tax revenues, jobs, and corporate social responsibility programs. The document also profiles several iconic Philippine and global business leaders such as Manuel Pangilinan, Socorro Ramos, Henry Sy, and Bill Gates.

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    Socio-Economic Impact Study

    Uploaded by

    Grace joy Tabora
    22 views18 pages
    This document discusses the objectives and significance of socioeconomic impact studies for businesses. It analyzes the impact of businesses on various groups including consumers, suppliers, investors, government, households, and communities. Specific impacts highlighted are new opportunities, income sources, tax revenues, jobs, and corporate social responsibility programs. The document also profiles several iconic Philippine and global business leaders such as Manuel Pangilinan, Socorro Ramos, Henry Sy, and Bill Gates.

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    This document discusses the objectives and significance of socioeconomic impact studies for businesses. It analyzes the impact of businesses on various groups including consumers, suppliers, investors, government, households, and communities. Specific impacts highlighted are new opportunities, income sources, tax revenues, jobs, and corporate social responsibility programs. The document also profiles several iconic Philippine and global business leaders such as Manuel Pangilinan, Socorro Ramos, Henry Sy, and Bill Gates.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    22 views18 pages

    Socio-Economic Impact Study

    Uploaded by

    Grace joy Tabora
    This document discusses the objectives and significance of socioeconomic impact studies for businesses. It analyzes the impact of businesses on various groups including consumers, suppliers, investors, government, households, and communities. Specific impacts highlighted are new opportunities, income sources, tax revenues, jobs, and corporate social responsibility programs. The document also profiles several iconic Philippine and global business leaders such as Manuel Pangilinan, Socorro Ramos, Henry Sy, and Bill Gates.

    Copyright:

    © All Rights Reserved
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    of 18

    SOCIO-

    ECONOMIC
    IMPACT STUDY
    CHAPTER 4
    OBJECTIVES:
    ✗ Identify and explain the various socioeconomic
    factors affecting business and industry

    ✗ Analyze and evaluate the viability of a business


    and its impact on the community

    ✗ Formulate recommendations and strategies on


    how to minimize and maximize a business
    negative impact and positive impact, respectively

    2
    SIGNIFICANCE OF CONSUMER
    BEHAVIOR IN BUSINESS

    The consumer is the person who


    buys the product business offers for sale.
    Knowing how consumer satisfaction is
    maximized will help a business in always
    keeping the consumer’s welfare the
    topmost priority.

    3
    THE PRODUCTION THEORY
    PRODUCTION refers to the use of economic
    resources to create goods and services that
    will be used to satisfy human wants.

    INPUT refers to the resources used to


    produce goods and services.

    OUTPUT refers to the product created as a


    result of the combination of input in the
    production process.

    4
    SOCIO-ECONOMIC IMPACT OF A
    BUSINESS:

    Impact on the consumer


    ✗ A new business, especially one that is
    innovative and focused on bringing some
    new product or service to the market, is
    always welcome to the consumer who is
    looking value for his money.

    5
    SOCIO-ECONOMIC IMPACT OF A
    BUSINESS:
    Impact on the suppliers and investors
    ✗ A new business will also provide opportunities for
    suppliers and investors.

    ✗ Many suppliers will now get a chance to sell to the newly


    established business, which means income for them.

    ✗ Investors get to earn returns to their investments, with capital


    plowed back into more investments and generating more income
    for the economy.

    6
    SOCIO-ECONOMIC IMPACT OF A
    BUSINESS:
    Impact on the Government
    ✗ The government will also benefit from the
    establishment of new businesses, through
    revenues earned on fees collected from
    them and on taxes imposed on the incomes
    of the businesses.

    7
    SOCIO-ECONOMIC IMPACT OF A
    BUSINESS:
    Impact on the households
    ✗ New businesses mean employment opportunities
    for the Filipinos.

    ✗ Those who have jobs but are earning low-wages may find
    better paying jobs with the new companies.

    ✗ Unemployed workers looking for work may have the chance of


    being employed by these companies.

    8
    SOCIO-ECONOMIC IMPACT OF A
    BUSINESS:
    Impact on the community
    ✗ Corporate Social Responsibility (CSR) has
    become a growing trend among businesses
    today.

    ✗ As a result of this, corporations and even small businesses


    have increased their focus on projects that provide
    scholarships to poor but deserving students, allocating
    budgets for housing for low-income families, like Gawad
    Kalinga.

    9
    BUSINESS
    ICONS

    10
    PHILIPPINE BUSINESS ICON:
    MANUEL V. PANGILINAN
    ✗ he was the 39th richest man in the
    Philippines with a net worth of US $39
    million.
    ✗ He put up First Pacific Group, the
    chairmanship of the PLDT as well as
    of the Metro Pacific Investments
    Corp. and the Smart
    Communications, Inc.

    11
    PHILIPPINE BUSINESS ICON:
    Soccoro Ramos
    ✗ She was the 30th richest Filipino
    entrepreneur in the Philippines with
    net worth of $250 million as of June
    2012.
    ✗ founder of National Bookstore

    12
    PHILIPPINE BUSINESS ICON:
    Cecilio Kwok Pedro

    ✗ founder of Lamoiyan Corp. (Hapee


    toothpaste)

    13
    PHILIPPINE BUSINESS ICON:
    Henry Sy
    ✗ founder of SM Group and chairman
    of SM Prime Holdings, Shoe Mart
    (SM)

    14
    PHILIPPINE BUSINESS ICON:
    Alfredo M. Yao
    ✗ Founder of Zest-O Corp (Zest-O) .

    15
    GLOBAL BUSINESS ICON:
    Bill Gates
    ✗ Born in 1955, relatively young
    entrepreneur Bill Gates founded the
    world’s largest software business,
    Microsoft, with Paul Allen, and
    subsequently became one of the
    richest men in the world.

    16
    GLOBAL BUSINESS ICON:
    Indra Nooyi
    ✗ Forbes 100 Most Powerful Women
    ✗ PepsiCo

    17
    GLOBAL BUSINESS ICON:
    Larry Page
    ✗ Larry Page is the co-founder of
    Google, the world's number one
    search engine and one of the largest
    companies in history by market cap.

    18

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