Types of

Industries
 1. Small-scale Industries
- Also called Cottage Industry
- Usually based at home
- Produces handicraft products
- Uses simple machines and equipment
- Defined as any business engaged in industry,
agribusiness, or services
- Capitalization is from 1.5 million to 15 million
Incentives:
(low interest rate & tax exemption)
 2. Medium-scale
Industries
• It existed because of the development of the small-
scale industries
• Additional products are made like furniture, jewelry,
clothing, & other consumer durables
• Workers increased from 100 – 200
• Capital is not more than 20 million pesos
• Majority of businesses belong to this group
• R.A. 9501 – Magna Carta for MSMEs
(their total assets is not more than P 3M)
 3. Large-scale Industries
• Uses heavy equipment and machineries
• Employ many workers & invest more capital
• Includes production of cement, medicines, oil
products, and other electronic durables
 Business Organizations
: these are economic institutions that engage in
production and any business endeavors to earn profit.

A. Sole Proprietorship
- Owned by one individual
- Responsible for all the operations
B. Partnership
- Organization of two or more individuals who agree to
put their money and properties together to put up a
business
- It has legal personality including objectives and goals
in accordance with law and all agreements written
Kinds of Partnership
1. Limited
: responsibility of one of the partners is limited

2. General
: All obligations and debt of the business will be
shouldered by the members

(Silent Partner – Just give the capital share)

C. Corporation
- Ownership is shared by many individuals known as
stockholders
- Stockholders are considered the owners of the
business
- They elect the board of directors
- The policies are set by the BODs
- The stockholders receive dividend as a profit of their
share of stocks
Multinational Corporations
: business organizations that have branches all over the
world.
Ex: DOLE Phils, Colgate-Palmolive, Nestle, Shell
Companies, McDonald’s, Kodak, and others

Kinds of Corporation
1. Open
2. Closed
D. Cooperatives
: An organization in which the members own the stocks
: Main objective is to serve its members that to gain
profit
: The member has one vote regardless of the amount of
shares invested in the coop.
: They elect board of directors
: The BODs will select the chairman