Market Study on Establishing an All Male Dormitory in Cebu City Philippines

Essay by ings_88University, Bachelor'sA+, August 2006

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Chapter 1


As the world of academe and business evolve into a kaleidoscope of changes, the need for a fast-paced epitome of development must arise. One key that will open the access to the said progress is the formation of youth in one's nation. And since the academe takes part in the configuration of these individuals in our nation, then it must impart resources to these people.

The role of business is as profound as of that of the academe. It must not only look after the digits of the profits achieved but at the same time the betterment of the society. It must take into consideration the needs of the people around, the environment issues that may be involved, and the impact of it as a whole. Thus, it is of great importance that the business sectors take part in the development of the nation's youth.

The needs that evolve on the existence of a youth are food, shelter, clothing and education. The last element mentioned plays a vital function in shaping the youth of the nation. It provides the necessary tools to manage a nation, and to understand the essence of survival.

Yet there are many hindrances in attaining completion of education. One of the major reasons is poverty. Although it is of huge importance to tackle the issue at hand, there are some minor issues that give the same blow as that. As a student in school, the youth may be influenced by his or her environment, the people around, the facilities, and the events taking place. In lieu to this, the student has to struggle balancing freedom and independence at the same time and most of all perseverance and self-reliance.

Thus, the environment is one of the factors to make...