1. What is the importance of having a whole picture or organizational framework in your mind?

Explain (5pts)

- Organizational frameworks helps to know or to see the entire parts of organization,

2. What are the basic functions of Business and Management, and how these functions help in the

attainment of organizational objectives? Explain (5pts)

3. How external environment affect the realization objectives?Explain (5pts)

4. Explain why people go into business. (5pts)

Reflection: What is your thinking about business? Do you see yourself to be a future CPA-Entrepreneur?

(1 whole page- double space) (30pts)

Business is about seeking profits by providing goods or services in exchange of payment. Also, it

might be the key to be successful and have a wealthy life. Furthermore, it gives me a secured life

and using a business, I can have a power to have an authority to my subordinates.

Yes, I can see myself as a future CPA-Entrepreneur.