Forms and Economic ORG. & MNGT.

Roles of Business (SHS 12)

Organizations
 What is a Business?
- is an organization or an
enterprising entity that uses
economic resources to provide ORG. & MNGT.
goods or services. (SHS 12)
- it can be for profit and non profit
organizations
Service Businesses
-this type of business does not ORG. & MNGT.
provide tangible products but (SHS 12)
instead offers professional
skills, expertise, advice, and
other similar products.
a. Financial Businesses
-this includes banks and ORG. & MNGT.
other organizations that (SHS 12)
generate profits through
investment and
management of capital.
 b. Utilities
-produce public services ORG. & MNGT.
such as electricity or (SHS 12)
sewage treatment, and is
usually under a
government.
Merchandising Businesses
-this type of business buys
products at wholesale price ORG. & MNGT.
and sells them at a retail (SHS 12)
price . They are known as
“buy and sell”business.
Manufacturing Businesses
-on the contrary of merchandising ORG. & MNGT.
business, manufacturing business (SHS 12)
buys products with the purpose of
using them as materials in making
new product.
 Real-estate Businesses
-sell, rent and develop ORG. & MNGT.
properties including land, (SHS 12)
residential homes and
other buildings.
What are the common forms of business ORG. &
organizations? MNGT.
(SHS 12)

Learning Activity:
Read-Arrange-Define
LOSE NESHPATRIP CRATIORON
PRSTRIEOROPHIP R PO
SOLE PROPRIETORSHIP ORG. &
MNGT.
(SHS 12)

• It is managed
and owned by
a single
individual
• is the
simplest type
of business.
SOLE PROPRIETORSHIP ORG. &
MNGT.
(SHS 12)

Only 1 Managed by Pays

Proprietor the owner individual tax

Based on the All goes to

capacity of the the sole
proprietor owner
It’s all up to To Municipal
sole owner Office
PARTNERSHIP ORG. &
MNGT.
(SHS 12)

• Two or more
partners bind
themselves to
contribute
money,
property, or
industry to a
common fund.
PARTNERSHIP ORG. &
MNGT.
(SHS 12)
To the Municipal
Two or more Office BIR,SSS,SEC,
Pays individual tax
partners Phil Health or based on
HDMF profit sharing

Based on the
partner’s Managed by
agreement the partners

Depends to To the both

both partners partners
CORPORATION ORG. &
MNGT.
(SHS 12)

• Most complex
of all
business
organizations
• Bring in the
largest
amount of
money
CORPORATION ORG. &
MNGT.
(SHS 12)

5 to 15 Pays
Managed by the
incorporators BDO corporate tax and
Depends of the types of individual
business as tax for
To stockholders or stockholder
prescribed based on the BOD
by law
To Municipal Office
50 years and BIR,SSS,SEC, Phil Health
renewable or HDMF
 ORG. &
MNGT.
(SHS 12)

Learning Activity:
Please, Know Me!
Please, Know Me! ORG. &
MNGT.
(SHS 12)

_________1. A type of business that is owned and managed by 2 or more

owners.
_____ 2. Has a complete control and authority of its own.
_____ 3. Stronger potential to access to greater amounts of capital.
_____ 4. Board of Directors
_____ 5. Ownership can be transferred by selling its stocks
_____ 6. Developing partnership agreements is required in forming
this business.
_____ 7. A form of business mainly composed of 5 to 15
incorporators. 
 ORG. &
MNGT.
(SHS 12)

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