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Miguel Danica S. Bstm2a THC6 Chapter3
Miguel Danica S. Bstm2a THC6 Chapter3
SCORE _________
CHAPTER 3- EXERCISE 1
I. Site at least two (20) to three (3) various programs/platforms by the government in support
for the business industries in relation to:
a. PUBLIC INFORMATION AND ADVOCACY- This program will help the company
together with the employees and the entrepreneur itself to be more knowledgeable enough about the
business and by how they will operate it properly. This programs supports different businesses by
providing broad and stakeholders information, education, strategies, ideas and inventions from start to
finish
2. Political Stability
3. Price Stability
4. Taxes
b. VALUE-ADDED TAX (VAT)- is a flat tax levied on an item. It is similar in some respects
to a sales tax, except that with a sales tax, the full amount owed to the government is paid by the
consumer at the point of sale. With a VAT, portions of the tax amount are paid by different parties to a
transaction.
c. COMPREHENSIVE TAX REFORM PROGRAM (CTRP)- The Comprehensive Tax Reform
Program (CTRP) is needed to accelerate poverty reduction and to sustainably address inequality, in
order to attain the President's promise of tunay na pagbabago. By making the tax system simpler, fairer,
and more efficient, additional - and a more sustainable stream of - revenues will be generated to make
meaningful investments in our people and infrastructure, which will help achieve our vision for the
Philippines.
5. Infrastructures
a. TESDA- The Technical Education and Skills Development Authority (TESDA) was
established through the enactment of Republic Act No. 7796 otherwise known as the "Technical
Education and Skills Development Act of 1994", which was signed into law by President Fidel V. Ramos
on August 25, 1994. This Act aims to encourage the full participation of and mobilize the industry, labor,
local government units and technical-vocational institutions in the skills development of the country's
human resources.
7. Public Administration
b. PHILIPPINE NATIONAL POLICE (PNP)- The Philippine National Police (PNP) originated
from the Philippine Constabulary or the PC, which was inaugurated on August 8, 1901, establishing it as
an insular police force under the American regime. On August 8, 1975, Presidential Decree no. 765 was
issued, establishing the Philippine Constabulary Integrated National Police or the PC/INP as the
country’s national police force. These fragmented and diverse local police units were integrated into a
national police force with the Philippine Constabulary as its nucleus.
8. Production technology
c. BUSINESS INNOVATION THROUGH S&T (BSIT)- The BIST Program aims to provide
financial assistance to Filipino private companies for the acquisition of strategic and relevant
technologies so they can undertake their R&D. The financial assistance, which may only be used to
purchase high-tech equipment or to secure technology licensing and/or patent rights, will be refunded
to DOST at zero percent interest.
9. Marketing Assistance
a. THE NEGOSYO CENTER PROGRAM- The Negosyo Center Program is responsible for
promoting ease of doing business and facilitating access to services for Micro, Small, and Medium
Enterprises (MSMEs). Republic Act No. 10644 otherwise known as the “Go Negosyo Act,” seeks to
strengthen MSMEs to create more job opportunities in the country.
CHAPTER 3- EXERCISE 2
ENTREPRENEURSHIP AND THE GOVERNMENT
I. List down government agencies that support entrepreneurship. Please site also what
support the government give. Give at least 5