Chapter 7

SOCIO ECONOMIC ASPECT

Generally, businesses are established primarily to generate profit for their
respective owners and employees; however, these entities also deal substantial
impact on the other aspects outside their operating zone. From employees and
customers to economy, government and environment, businesses partake on
how these institutions will react on different circumstances.
The proposed business, Chick In Restaurant, shall not just offer high
quality of foods and services but also an unforgettable experience that everyone
seeks for. Having the full view of Taal Volcano from the cliff of Tagaytay City,
tourists will enjoy having their picture taking while feeling the Taal Lakes
awesome cold breeze. Hospitality is one of the primary virtues in this city as it is
called the City of Character, hence, all tourists will be accommodated
exquisitely in a natural way.

In addition, the business shall give benefit to the following:

To quality of products and services, through a healthy competition

in the same extent as it lower the range of prices.

To employees and owners, by providing source of living through
remuneration and other benefits.

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To other businesses, especially to suppliers and farmers, by

providing additional demand for their products which will result to

incremental income.
To society, by performing

the

business

corporate

social

responsibilities (CSR) including charity works and establishing

social awareness, and by promoting the culture and livelihood of

the residents of Tagaytay City.

To government (local and national) and economy, by way of
appropriate paying taxes, providing employment and urbanization
of the area which, as a result, will upgrade the quality of life of the

residents therein.
To environment, by way of proper waste management, imposing
no plastic policy and promoting tourism in Tagaytay City which
intensifies tourists ecological awareness and care.

Needless to say, having business, which will be operated appropriately,

contributes to the overall progress of everyone directly and indirectly.

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