ENTREPRENUER VS PART TIMER STUDENTS OF RIZAL 1

TECHNOLOGICAL UNIVERSITY: A QUALITATIVE STUDY ABOUT THE

BEST SOLUTION TO COPE UP FINANCIAL CRISIS

Rizal Technological University Pasig Campus

CHAPTER I

THE PROBLEM AND ITS SETTINGS

Background of the Study

From ancient time poverty are the most significant problems in the society.

Because of the influence of other country, people become more ignorant to think about the

resolution to this issue. Various perspective and ideology limits their understanding to

explore and utilize their resources, as the time goes by this issue become a built in

problem in the society.

However, politician give their best to uplift the society. They tried to eliminate

those selfish colonists but numerous country put so much interest on the Philippines.

Arising ages of modernization bring globalization, this kind of economic model become

trends, because it brings a wide vast of opportunities to the colonist. Philippines are tied

up to this market integration. In metaphorical speaking Philippines, sell themselves to the

develop country for the benefit of receiving incentives that creates wealth.

In contrast to their goal, colonist take advantage to their vulnerability, resulting to

a mercantilist market system. According to (Bloomethal,2019 ) mercantilism economy is

economic system that practice the maximization of their export and minimizing their

imports. The mother country import raw materials, and make some innovation to

introduce it to the market and sell it to their colonize country with a tax impose. In this

case, they generate money by exporting more rather than import. Consequently, the

Philippines are force to buy unnecessary outputs to fulfill their agreements.

ENTREPRENUER VS PART TIMER STUDENTS OF RIZAL 2
TECHNOLOGICAL UNIVERSITY: A QUALITATIVE STUDY ABOUT THE
BEST SOLUTION TO COPE UP FINANCIAL CRISIS

Rizal Technological University Pasig Campus

In addition, the exploration and consumption of this country is limitless, they can

do what they want it can be destructive or constructive.

Globalization in ancient times bring so much opportunities and incentives like

protection but these opportunities are debts that the future generation will be the liable for

this.

In the contemporary world the burden of poverty, become worst day by day.

Government focuses on their different priorities instead of uplifting this country.

Undoubtedly, that the government is not the only actor of economy. Meaning to say there

is a numerous numbers of factors that poverty rooted. Such as globalization, people

discipline and countries financial debts. However, the most significant factors of poverty

is the global stratification. It is define as the unequal distribution of resources where in the

poor becomes poorer and the rich gain more. Money generates our everyday living. The

reason why individuals are so dedicated to money. To earn plenty of money to support

everyday living. However, as the time that money generates life rapidly economy will

engage inflation, as a result money losses its value. Due to global stratification, it limits

the lower classes to earn more. Hence, even the employee work hard their wages are

relatively small, contrary to the business owner who earn more than enough. Due to this

reason, financial crisis arises resulting to commit various financial debts that leads to

poverty.

Employment and business are the fundamental solution to cope up financial crisis.

However, global stratification hinders development that brought implication to the two

variables.
ENTREPRENUER VS PART TIMER STUDENTS OF RIZAL 3
TECHNOLOGICAL UNIVERSITY: A QUALITATIVE STUDY ABOUT THE
BEST SOLUTION TO COPE UP FINANCIAL CRISIS

Rizal Technological University Pasig Campus

This study will evaluate the advantage of employment and entrepreneurship, and

make a thorough analysis of which is the best aid for financial crisis. This study will use

the college of business and entrepreneurial industry students. Specifically it focuses to the

entrepreneurs and part timers as our respondent for this study.

Statement of the Problem

This research is a comparative study between entrepreneurs and part timer

students to evaluate the aid for financial crisis

Particularly, the study sought to answer the following questions:

1. What are the demographic characteristics of the respondents in terms of:

1.1 age?

1.2 sex?

2. Why are the respondents struggling in financial crisis?

3. How does part timers and entrepreneurs create wealth to cope up financial crisis?
ENTREPRENUER VS PART TIMER STUDENTS OF RIZAL 4
TECHNOLOGICAL UNIVERSITY: A QUALITATIVE STUDY ABOUT THE
BEST SOLUTION TO COPE UP FINANCIAL CRISIS

Rizal Technological University Pasig Campus

Conceptual Paradigm

 Advantage of engaging to
business field.
 Importance of employment INPUT
 Factors that trigger
financial crisis and their
financial income

 Analyzing the acquire data

PROCESS

 Comparison of employment
and entrepreneurship based on
the given data.

 Set of recommendation of
what are the best solution to OUTPUT
cope up in financial crisis
ENTREPRENUER VS PART TIMER STUDENTS OF RIZAL 5
TECHNOLOGICAL UNIVERSITY: A QUALITATIVE STUDY ABOUT THE
BEST SOLUTION TO COPE UP FINANCIAL CRISIS

Rizal Technological University Pasig Campus

The conceptual paradigm are the actual abstract of our study. This will be the

researcher pattern to accomplish the study. The researcher inputs are advantage of

engaging to business field, importance of employment and the factors that trigger financial

crisis and other information such as financial capability. Aftermath the researcher will

distribute the questionnaire to the respective respondents. Gathering and interpreting the

data as follows. The researcher output is the set of recommendation of the best solution to

cope up financial crisis.

Significance of the Study

Employment and engaging on business are the only option to create wealth.

Human psychological thi This research focuses on the difficulties encountered in the

implementation of K-12 and aims to formulate recommendations to improve the

understanding of Senior High Schools and if possible the improvement of the curriculum.

Furthermore, this study shall benefit the students for their better comprehension of the

program. Also it will benefits the teachers for their reference on the creation of their

lesson plan and learner’s guide. This study is vital for the School for their understanding

and consideration of the positive and negative effects of the program. As well as the

researchers for their awareness and intellection on the advantages and disadvantages of

the program. In addition to this study it will benefit the future Researchers for their

reference and additional knowledge that will seek to undergo the same area of inquiries.
ENTREPRENUER VS PART TIMER STUDENTS OF RIZAL 6
TECHNOLOGICAL UNIVERSITY: A QUALITATIVE STUDY ABOUT THE
BEST SOLUTION TO COPE UP FINANCIAL CRISIS

Rizal Technological University Pasig Campus

Score and Limitations of The Study

As this study focuses on the K-12 curriculum, it is limited to certain possibilities and

specific respondents who have awareness of the topic.

Definition of Terms