Feasibility Study

The socio-economic impact of this study will clearly state its relevance to the external aspect of the business.

Objectives:

a) to determine the contributions of the business to the Philippine economy;

b) to describe the benefits of the business to its community; and

c) to ensure the active participation in the maintenance of cleanliness in the environment.

Socio-Economic Contributions

Contribution to the Philippine Economy

Every business establishment will be of great help for the growth and development of the Philippine economy. These will only be possible if every firm will be responsible enough to perform their duties and obligations to their customers, community and of course to the government. Condorm will definitely contribute additional earnings to our government by means of paying right taxes. Through this, the government can able to perform its functions well including continuous support and assistance to the business industry, providing projects for the community such as building infrastructures, public schools and hospitals, strengthening arm forces for the security and protection of the countrymen and other indispensable projects that will benefit the people.

Employment Generation

The business will provide job opportunities to many individuals most especially to those people who have great passion in managing day to day activities and other utility employees. Every society wants all its qualified members to be gainfully employed. When individuals are employed they are able to raise their children support them through school, provide them with decent homes, acquire medical services whenever needed and contribute to government income through the payment of income taxes. Condorm will help to lessen rate of unemployment and number of poor people. The eradication of poverty will help to solve social problems like crimes, juvenile delinquency and malnutrition.

Environment Conservation

Condorm will be sensitive enough to our environment by means...