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feasib-chapter-VI

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8 views

feasib-chapter-VI

Uploaded by

John Eric Bautista
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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CHAPTER VI

SOCIO- ECONOMIC STUDY

This chapter highlights the planned business's social and economic benefits. Burrito Burst
seeks not just for commercial success, but also to make a substantial contribution to the socioe-
conomic fabric of Binalonan, Pangasinan. This socioe-conomic study investigates the possible
influence of a firm on the local community, taking into account factors such as job creation,
community engagement, and general economic growth.

EFFECTS TO THE SOCIETY

The following are the benefits of the proposed business to society.

•PROVIDE EMPLOYMENT. The proposed Burrito Burst Shop business will provide possibilities
for the local community, lowering the economy's unemployment rate. The business will hire
seven (7) employees. The provision of work opportunities provides individuals with a source of
income while also contributing to the community's overall unemployment rate reduction.

•BUSINESS OPPORTUNITIES. The proposed business might generally tend to go into the
market economy,supported by proper laws and regulations, with the goal of giving excellent
possibilities to both domestic and foreign investors. The advantage of investors in our
suggested firm becomes well-known in the community.

•CATER THE NEEDS OF CUSTOMER. The proposed business will offer healthy products like
Adobo Burrito, Sisig Burrito, and Bagnet Kare-Kare Burrito, etc. The inside of the shop may fulfill
the customer's demands and desires. Additionally, the venture's products can assist customers
in maintaining a healthy lifestyle.

•COMMUNITY ENGAGEMENT. The business’s emphasize the social media marketing and
physical store presence in high-traffic regions reflects its commitment to engaging with the local
community. Seasonal promotions like first 20 customers will receive discounted prices and for
repeated customers can get a coupon that can be exchanged for their next purchase, are
intended to increase customer engagement, encourage repeat business, and develop a feeling
of community within the client base.

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