Sample of Socio Economic Aspect

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Dr. Filemon C.

Aguilar Memorial College of Las Piñas


Golden Gate Subdivision, Talon III, Las Piñas City

Socio-Economic Aspect

The propose business “______________” will bring satisfaction to customers, who are
looking for inexpensive medicines and enhances access to care to millions of poor household at
the soonest possible time. The business is committed to promoting health among people by
making quality affordable medicines available to all. This will also produce products made from
branded preparations, effective yet low priced and attracted budget conscious consumer’s
party.

Contribution to the Economy

The proposed business will benefit the economy through providing employment. This
will give the hired employees and their families their source of income for their living needs.
That consumers income will help keep the economy active. This business will help less fortunate
people to sustain their needs with medicines because of the low price of these medicines but
will still maintain the quality like those branded medicines.

Contribution to the Government

The business owners and business will pay their tax obligation as provided by law. Tax
will help the government generate funds for the improvement of public service and government
projects.

Contribution to the Society

The proposed business will provide help to the community and our countrymen. We
recognize that the nature of the business, especially the corporate focus on quality affordable
generic medicines, gives us a unique opportunity to make a very positive contribution to the
health of the communities we serve.

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