Professional Documents
Culture Documents
City of Olongapo
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Business Process
It is a collection of linked tasks which find their end in the delivery of a service or
product to a client. A process has also been defined as a set of activities and tasks that, once
completed, will accomplish an organizational goal. The process must involve clearly defined
inputs and a single output. These inputs are made up of all of the factors which contribute
(either directly or indirectly) to the added value of a service or product.
The general forms/types of business enterprises, which are actively observed in many parts
of the world, include the following;
SOLE PROPRIETORSHIP
The single or the sole proprietorship is a business that does not involve partners, but is
owned by one individual who may work alone or employ others.
The main advantage of sole proprietorship is the fact that it is a very flexible type of business
entity, since the owner has complete control over all the aspects of his business and can take
direct and unhindered managerial decisions concerning the future of the business and act quickly
and efficiently. The disadvantages of sole proprietorship become apparent when the business
tends to grow and its management requires more time.
PARTNERHSIP
A partnership is a formal arrangement in which two or more parties cooperate to manage
and operate a business. Various partnership arrangements are possible in which all partners
might share liabilities and profits equally or some partners may have limited liability. Not every
partner is necessarily involved in the management and day-to-day operations of the venture, such
as in the case of a "silent partner." In a broad sense, a partnership is any cooperative endeavor
undertaken by multiple parties. These parties can be governments, non-profits, businesses,
individuals or a combination, and the goals of the partnership can vary widely. There may or
may not be a written agreement governing the partnership, but it is generally a good idea to
specify terms at the outset so that disagreements can be settled according to predetermined rules.
In some cases such an agreement is legally required.
CORPORATION
A corporation is a legal entity that is separate and distinct from its owners. Corporations
enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation
has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees,
own assets and pay taxes. It is often referred to as a "legal person." While its exact legal status
varies somewhat from jurisdiction to jurisdiction, the most important aspect of a corporation is
limited liability. This means that shareholders have the right to participate in the profits, through
dividends and/or the appreciation of stock, but are not held personally liable for the company's
debts.
a. Market-rate compensation
b. Market-rate prices
Push is a control of information or process in business that directs the flow in one straight or
same direction; while Pull is an interlocking set of independent and yet connected flow or process that
is subject to reaction by each step to the other for a complete process to be achieved.
Enterprise Community Management (ECM) is a much wider than just supporting one small team
or community of practice within an organization, but is about having responsibility for building and
sustaining a community across the whole of the organization. In fact as ECM can include a significant
range of responsibilities, in a large organization it undoubtedly needs to be undertaken by a number of
people.
Whoever takes on these ECM responsibilities is going to have a significant influence and impact on
the business. At such the local culture & its effects by the impact of changes by any enterprise would
have to be considered very carefully.
Norms & Values - What they say, what we would be told is the reason things are the way they
are and should be. Company philosophy, norms and justifications.
Underlying Assumptions - What they deeply believe in and act on Unconscious, taken for
granted beliefs about the organization and its work/purpose, about people, rewards etc.