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CHAPTER VI

SOCIO-ECONIMIC STUDY
A. Socio-Economic Contributions
In this study, the proposed viability is not all that is considered when
investing in business is concern. The project socio-economic contributions to the country
should likewise solicit an equal degree of consideration. The project is expected to be a
contributors, as well as a helping hand for the upliftment of the social and economic
living in the city.
This will help the in determining the socio-economic contributions that the
proposed project can offer to the overall development of the society. This feasibility is
not only geared towards profit generation, but also to social and economic development.
The following areas are also considered.
A.1 Contributions to the Philippines
Every business establishment will be a great help in maintaining the
growth and development of the Philippiness economy. This will be gain if every
business will be responsible enough in their duties and obligations to their community
regarding to the customers, suppliers and also to its environment.
By means of licenses and taxes fees to be paid by the business, it can
generate funds for the government which will eventually be of assistance in uplifting the
socio-economic life in the country.
Gelee Crme Sweets will surely contribute in our government by
regularly paying its taxes. By this contribution, our government can do their job well in
regards of sustaining the development of new infrastructures, school buildings, hospital
and also an addition for the strengthening of the security and protection of our country.
They can also help for the assistance and support for the emerging business industries.
This will also serve as an avenue for the Filipino community especially,
the students to socialize, find common grounds and have some relaxation while
consuming the products of Gelee Crme Sweets.

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A.2 Employment Generation


Gelee Crme Sweets will provide job opportunities to every individual
who have the abilities that is related to food serving and customer oriented. Every society
wants to gain a high rate of qualified employed people. When individuals are employed,
they can contribute more in the society in the means of raising their own children by
giving them an adequate food, decent homes and also supporting them in school for them
to have a great future. They can also help the government by paying the right amount of
taxes. Gelee Crme Sweets will also help to lessen the unemployed individuals and also
the poor people. The depletion of poverty will help to solve the numerous crimes in the
society, juvenile delinquency and malnutrition. A developed store and those indirectly
involved in the project providing them employment during the renovation of the shop as
well as during its actual operation.
The members of the organization are the greatest strength of a business. In
this regard, Gelee Crme Sweets will be composed of friendly, upbeat, confident,
successful, honest, detail oriented, modest, hard working, marketable, competitive and
passionate employees to provide the best possible service there is to the community. In
agreement to the Labor Code of the Philippines (P.D. NO.422), the employees will be
compensated based on reasonable work-hours, benefits, trainings, seminars, performance
evaluations, uniforms and headquarters. The management would also withhold and
provide the following; Withholding Tax from compensation, SSS premium and loans
(employees share), HDMF premium (employees share), Phil health premium,
Thirteenth month pay, Sick leave, Night shift differential, Overtime Pay, Right to service
incentive, Right to holiday pay, Maternity leave, Paternity leave and Retirement Benefits.
A.3 Environment Conservation
Gelee Crme Sweets will be aware enough to the environment by means
of assuring that the method or system involve in the business operations are an
environmental friendly. In the other words, we will apply the Corporate Social
Responsibility (CSR). The business will be aware in proper disposing of waste materials
to provide cleanliness and orderliness in the place. This will help to lessen the pollution
in the environment that is causing different diseases and help problem in nation. The
business also allocates enough budgets to pursue the continuation of the execution of
waste management. Furthermore, Gelee Crme Sweets will provide addition knowledge

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to the customers mainly to the students or young people about the right handling and
presentation of foods for the avoidance of contamination and insanitation.

A.4 Competitive market


Although competing directly or indirectly, Gelee Crme Sweets is
responsible to offer fair, just and reasonable prices of its products and services. Gelee
Crme Sweets also encourages fair competition; leading to improvement of products and
services offered and will promote the popularity of the different kinds of desserts that will
contribute to a competetive market.
A.5 Income Generation
Considering employment opportunities, Gelee Crme Sweets could
contribute income to those who work in the business not only to the employees but also
to the investors who will go into this kind of business.
A.6 Customer Satisfaction
Gelee Crme Sweets is committed to promote healthy lifestyle and
provide its customers leisure, enjoyment, relaxation and total satisfaction through
excellent and affordable dessert products.

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