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FUNDAMENTALS OF ABM 1
Merchandising Business
This type of business buys
products at wholesale and later
sells the same products at retail.
They make profit by selling the
products at prices that are higher
than their purchase costs.
Examples:
Grocery. Sari-sari Store. Boutique.
Hardware.
FUNDAMENTALS OF ABM 1
Manufacturing Business
This type of business is
engaged in the production of
items to be sold. It involves the
purchasing and converting of
raw materials to finished
goods.
Examples:
Furniture Shop. Welding Shop.
Factory. Food Processing.
FUNDAMENTALS OF ABM 1
Types of Business According to
Activities
Service Business
Merchandising Business
Manufacturing Business
FUNDAMENTALS OF ABM 1
ACTIVITY
1. Write at least 2 business you want to put up someday and
categorize them according to its activities.
2. Why those businesses were categorized as Service
Business, Merchandising Business, or Manufacturing
Business and what are the services or products you’re going
to offer?
FUNDAMENTALS OF ABM 1
ASSIGNMENT
Look for a business that is either a Service, Merchandising, or
Manufacturing. Interview the owner by asking the following question:
1. Why are you in business?
2. Can you provide me with a description of your business?
3. How did you get started in this business? How long have you been?
4. How do you operate your business? How do you value your
customers?
5. What are the advantages and disadvantages of your business?
FUNDAMENTALS OF ABM 1
Thank you and God bless!