Abstract:
The long term or overall objective expected in the study would be an
attempt to provide a holistic view on SM Group of Companies and its
subsidiaries’ operations with emphasis on SM investments, Inc., SM Prime
Holdings, Inc., and Shoe Mart, Inc. vis-a-vis the socio-economic situation in the
Philippines.
Based on the objectives set forth by the investigator, an inferential study
particularly a correlation study, guarantees to obtain answers to the research
problem. Triangulation, or the combination of various research methods and
techniques, both qualitative and quantitative, was employed in the study so as to
acquire credible data and to reduce the chances of bias. Other tools of data
collection are survey questions, observation checklists, case study guide,
company/industry study guide, and interview guide. Descriptive statistics are for
the tests of hypothesis, the chi-square tests, etc. will suffice.
In Chapter VII, this study verify that the usual money spent depends on
the amount of the daily wage. Income is then directly proportional to the money
spent, which eventually contributes to SM’s profit. As the capability to meet the
Daily Cost of Living decreases, consumer spending also decreases. This study
also substantiates the assumptions of the Engel Law, Historical-Materialism,
consumer psychology, ‘economies of scale’, among others.
