ASSESSMENT TASK 3-1

1. A corporation is an artificial being created by operation of law, having the right of succession and
the powers, attributes and properties expressly authorized by law or incident to its existence. This
definition is in reference to:

a. Batas Pambansa Blg. 68 The Corporation Code of The Philippines, Section 2

b. Batas Pambansa Blg. 60 The Corporation Code of The Philippines, Section 2
c. Batas Pambansa Blg. 68 The Corporation Code of The Philippines, Section 5
d. Batas Pambansa Blg. 61 The Corporation Code of The Philippines, Section 2

2. What is McDonaldization? to describe the process by which more and more sectors of American
society as well as of the rest of the world take on the characteristics of a fast-food restaurant
a. the process by which more and more sectors of American society as well as of the rest of
the world take on Mcdonald’s meal
b. the process by which more and more sectors of American society copies the character of
McDonald in business
c. the process by which more and more sectors of American society as well as of the rest of
the world take on the characteristics of a fast-food restaurant
d. the process by which more and more sectors of American society choose the delivery
service
3. What is largest fast food chain in the Philippines, operating a nationwide network of over
750stores?
a. Franks Burger
b. Mc Donalds
c. Greenwhich
d. Jollibee
4. What is generally referred to as a multinational corporation (MNC),transnational corporation
(TNC), international company?
a. Global Corporation
b. Market Integration
c. Economic Stability
d. Economic Global Governance

5. What is a company that operates in more than one country?

a. multinational corporation
b. transnational corporation
c. global corporation
d. multi-racial corporation
6. What is a cooperative institution that 182 countries have voluntarily joined because they see the
advantage of consulting with one another on this forum to maintain a stable system of buying and
selling their currencies?
 a. International Monetary Fund
b. Cooperative International Monetary Fund
c. International Bank of Europe
d. World Bank
7. What is a situation in which separate markets for the same product become one
single market, for example when an import tax in one of the market is removed?

a. Global Economy
b. Market Integration
c. Monetary Fund
d. Vertical Integration
8. It describes a process by which national and regional economies, societies, and cultures have
become integrated through the global network of trade, communication, immigration, and
transportation.
a. Monetary Fund Acquisition
b. Fund Generalization
c. Globalization
d. Contemporary World
9. It refers to the exchange of goods and services between different countries, and it has also helped
countries to specialize in products which they have a comparative advantage in.
a. International Trade
b. Global Investment
c. International Finance
d. World Trade

10. It consists of topics like currency exchange rates and monetary policy.
a. International finance
b. Global Investment
c. International Finance
d. World Trade

ASSESSMENT TASK 3-2

Analyze the 2017 World Economic Forum World’s 10 Biggest Corporations by researching on and
sustaining the data needed below. Choose only 5 companies to analyze. Make your information simple,
brief, and concise.

Corporations Brief Company Background Major Economic Contribution

1. Apple Apple Inc. designs,  New investments and Apple's current
manufactures and sells mobile pace of spending with domestic
and media devices, personal suppliers and manufacturers an
 computers and portable digital
music players, and wide range
of related software and
services. Apple sells its
products worldwide through
its retail stores, online stores
and direct sales force, as well
as through third-party retailers.
estimated $55 billion for 2018. Apple’s
direct contribution to the US economy will
be more than $350 billion over the next
five years, not including Apple’s ongoing
tax payments, the tax revenues generated
from employees’ wages and the sale of
Apple products.

Amazon was founded by Jeff

Bezos in Bellevue, These investments are accelerating, and
2. Amazon Washington, on July 5, 1994. we estimate that they
It started as an online have contributed an additional $315
marketplace for books but billion to the U.S. GDP since 2010.
expanded to sell electronics, Over the last decade, no other U.S.-
software, video games, based company has created more jobs
apparel, furniture, food, toys, than Amazon. Our investments have led
and jewelry. to the creation of over 2.7 million jobs
in the U.S.
Facebook is defined as an
online social networking Deloitte estimates
3. Facebook website where people can
that Facebook enabled $227bn
create profiles, share
information such as photos and of economic impact and 4.5m jobs
quotes about themselves, and globally in 2014. Facebook enables
respond or link to the global economic activity by helping to
information posted by others. unlock new opportunities through
The most popular social connecting people and businesses,
networking site, which allows
lowering barriers to marketing, and
anyone to share photos,
comments and videos online. stimulating innovation.
Founded in 2004 by Mark
Zuckerberg, the site is free to
members and derives its
revenue from ads.
Johnson & Johnson makes
baby oil. They make their
famously "no more tears"
shampoo and the name-brand
Band Aids that you reach for
when you nick yourself. In
1886, the pharmacist Robert
Wood Johnson formed a new
company with his brothers
James Wood Johnson and
Edward Mead Johnson.
Johnson & Johnson delivered solid
4. Johnson and Johnson
Microsoft is an American
multinational computer
technology corporation whose
history started 4th April 1975.
Formed by Harvard College
dropout, Bill Gates and his
childhood friend Paul Allen,
Microsoft has now become the
biggest software company. It
is also one of the most
valuable companies in the
world.
5. Microsoft
financial results in 2014, while also
continuing to make investments to
accelerate growth for the long term.
They have built significant momentum
in their Pharmaceutical business, are
realizing the benefits of innovation,
scale and breadth in their Medical
Devices business, and are continuing
their market leadership with iconic
brands in their Consumer business.
They’ve achieved their near-term
priorities, exceeding its financial targets
with full-year operational sales growth
of 6.1 percent. Excluding the net impact
of acquisitions and divestitures, on an
operational basis, worldwide sales
increased 8.0 percent.
Employment and total compensation
combine with over $2 billion in local
purchases to generate a powerful
multiplier effect that
generates Microsoft's total impact on
the Washington state economy. This
total impact represents the creation of
267,611 jobs in the state and $43.8
billion in gross state product.