Gr.

12 Entrep L1 ST - Types of Businesses Available to Entrepreneurs

Name ________________________________________ Date ______________________ Score ___________

I. Identify what is asked. Write your answer on the space provided.

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substances, or components into new products?
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services for visitors?
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their pursuant regulation?
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than or equal to Php250,000?
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right of succession, and the powers, attributes and properties expressly authorized by or incident to its existence?
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and skills available to users.
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management?
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service industries.
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erection of prefabricated buildings or structures.
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1. How many employees are ideally being hired in a small enterprise?
2. What kind of industry includes the physical or chemical transformation of materials,
3. What form of ownership registers to the Department of Trade and Industry?
4. What industry considers the provision of complete meals and drinks and short-stay
5. What type of industry includes the enactment and judicial interpretation of laws and
6. What kind of enterprise holds an asset of not more than Php500,000 but is greater
7. What is the asset estimate for medium enterprises?
8. What form of ownership acknowledges the creation of an artificial being, having the
9. What industry includes cargo handling and terminal and parking facilities?
10. This industry requires a high degree of training and makes specialized knowledge
11. The disadvantage of this ownership is that it is complicated to set-up.
12. These are activities demanded by consumers based on their needs and wants.
13. These are products that are processed from raw materials that are consumable.
14. A rolling store falls into this kind of enterprise.
15. What kind of enterprise operates in highly formalized but complex systems of
16. Give the two forms of ownership that register with the SEC.
17.
18. What is the meaning of the letters in PSIC?
19. What is the meaning of the letters in BSMED?
20. This form of ownership is believed to dominate the retailing, agriculture, and
21. This kind of industry includes new work, repair, additions and alterations, and the
22. This industry involves renting real estate and selling or buying real estate.
23. This industry includes financial service activities including insurance.
24. This ownership has maximum flexibility for growth.
25. This ownership relies on a consensual decision-making.

II. Complete the following tables:

A. Enterprise types
Type of Enterprise Asset Value Ideal Number of Employees Example

B. Ownership types
Type of Ownership Advantage Disadvantage

III. Answer the following briefly and concisely.

1. What are the three ways of classifying enterprises? What is the idea behind each classification?

2. What are the specific terms under each classification in number 1? Enumerate.