Socioeconomic

Impact Study
Angeline Sampaga
Grade12- Gas 2
Socioeconomic Impact Study
Type of cost-benefit analysis
in which the positive and
negative impacts of projects,
developments, and
legislations on society are
weighed and measured
 Main
Purpose:
Assess whether
developments, public
programs, or business
ventures are sustainable
 •Does the plan of action
benefit all segments of the
community and if not,
1 which group stands to
benefit the most?

•Is the benefit for the

2 long term?
Importance of SEI Study
Creating awareness
Acting as check and balance
Integrating the community
feedback in social
developments.
Formulating recommendations
On the business side, the
results of an SEI study are
crucial to developing
new products and
services.
Steps in Conducting SEI Study
Step 1. Define the scope
of the study

Step 2. Identify the data

collections methodology

Step 3. Analyze the data

present the result
Step 1. Define the scope of
the study
The size and scope of the study
should first be defined.
Is the study unique to a group or
is the study conducted for similar
groups in various locations?
Will the results serve as an
experiment for future
developments in other areas.
Step 2. Identify the data
collections methodology
The data collection to be
used should be identified.
Survey- respondents are asked
a series of question.
It can be classified according
to the purpose of the study.
• Tips in creating an effective
survey
1. Specify the objective of the
survey
2. Be
3. Avoid personal
4. Use only relevant questions
5. Be organized
Interviews
The respondents answer
questions presented by the
research person.
Focus Group
Focus Group Discussion (FGD) is
facilitator-led discussion of a small
group where ideas and opinions
are openly shared.
 Socioeconomic Impact Study
of Business
In this section, you will look at the
potential socioeconomic impacts of
business on various segments of the
economy
Consumer and Households- being
end users are directly impacted by
the products and services of
businesses.
-Consumption
 Suppliers and Investors- For public
companies, the desirability of a business
is mirrored by its stock price. A stock
value is influenced by a lot of factors
such as operational excellence,
innovative products and service.
- Equity increases capital
 Government- Public Institutions are
likewise affected by business in ways
other than trough taxation and
regulation
International Trade
- Successful local businesses
enter foreign markets and get into
trade.
- Firm that decides to use the
internationally-sourced inputs to
satisfy raw materials requirements
will enter the trade that will allow it
to import materials.
 -SEI study usually examines the
relevance of international trade to
business growth and society.
-Global franchise allowed to
operate in the domestic market
increases competition, but
potentially hurt small-scale local
businesses.