Socio Economic Aspect Example - Sophiatopia

A. INTRODUCTION

Businesses should not only be concerned with making profits but also with the impacts it will have on the society. The role of every organization should not be limited in goal-oriented activities only such as offering products or services to the general public  but also with imparting sustainable social, economic, and environmental development. As such, Sophiatopia as an educational institution is expected to adhere with the rules and proper custom of the society it is in. Sophiatopia  is geared into providing  benefits toward various stakeholders which either directly or indirectly affected by its decisions. This aspect emphasizes on Sophiatopia’s contributions to the following area government, industry, society, employees and environment.

B. Towards the Government

Sophiatopia will strictly adhere to the re!uirements set forth by the "ity #ocial $elfare %epartment of %asmarinas and the %epartment of &ducation '%ep&d( to ensure !uality and safe learning service and environment. Sophiatopia’s commitment to follow the regulations of governing bodies is showing that th e children)s welfare is the top  priority of the management. Also, the entity will contribute to nation-building through its  payment of taxes, permits and all other government-related fees.

C. Towards the Industry

*ur business is the first in the "ity of %asmarinas to offer a !uality playschool service for + to  years old which can compete with the preschools and other specialized training institutions within the area. Though we are new entrants, the combined expertise of the partners and the class of service that we are offering is at par with the established  playschools in other parts of the country  only at a much lower rate compared to them. Sophiatopia  will make a balanced competition in the industry normally controlled by formal schools. Also, we will make sure that we will continuously seek for improvements on our services to meet the changing needs of the market that we serve.

D. Towards the Society

Sophiatopia will take part in the vital role of educational institutions in advocating the importance of a good learning foundation. &veryone knows that ages + to  are formative years when the necessary values and skills are molded. The services that will  be offered will accommodate into this need because we believe that knowledge should be holistic. Sophiatopia aims that children will take responsibility for their every action and that they will turn into sensible individuals in the future.

E. Towards the Em!oyees

&stablishing Sophiatopia will generate employment for nine people aside from the  partners. The management will make sure that they will be given ust compensation, will enoy security of tenure and that their rights as employees will be given importance. The management is also committed to maintain a healthy working environment for our  subordinates and will be assured of support in furthering their potentials through various  programs that Sophiatopia will conduct for their benefit.

". Towards the Environment

The environmental implications of every business) operations should be highly considered. $ith the growing awareness on climate change as well as the increasing clamor for businesses to go /green0, Sophiatopia will implement certain policies to share in the run to save the environment. Though the nature of the business re!uires lesser  materials resulting to lesser waste, we will still follow proper segregation and disposal. 1ikewise, e!uipments will be unplugged when not in use to conserve energy. Sophiatopia will also use the opportunity to instill to the children the importance of caring for the environment and what they can do to help even in their own little ways.