Contemporary Issues Facing Filipino Entrepreneurs

Case Problem: For several months now, everyone has been regulated by the Bayanihan Act as an effective measure to fight the issues caused by COVID 19. There are protocols that everyone needs to comply while the community is in the ECQ or GCQ or MCQ situation. In Manila, various economic issues and problems contain everyone to live in a normal way.

Directions: Please accomplish the chart. This will help you easily understand our next topic. Below are some of the perceived issues and problems by the Filipino Entrepreneurs nowadays. Classify them according to PEST.

POLITICAL:

ECONOMIC:

SOCIAL:

TECHNOLOGY:

1. irregularities on the implementation of the Bayanihan Act protocols

2. alleged corruption by barangay officials

3. restricted foreign trade policy

4. strict labor laws

5. tight environmental and resources laws

6. education system,

7. poor infrastructure projects

8. inefficient health regulations

9. death rate

10. issues on amelioration distribution

11. inadequate information for safety measures

12. lifestyle barriers

13. limited local workforce

14. slow research and development activity of reporting COVID patients

15. limited technological facilities

16. high interest rate

17. poverty rate

18. unavailable credit opportunities

19. unemployment trend

20. price fluctuations (source: GMA 7