OP 213

MODULE 1:
MODERN OFFICE
Presented By:
SHYNA CAMILLE A.
SARMIENTO
 TABLE OF
CONTENT
TYPES OF OFFICE
Front office 3.1
Middle office 3.2

Electronic or e-office 3.3

Virtual office 3.4

Back office 3.5

Office Staff 4.0

Office Manager 4.1

Form of Business Organization 5.0

Sole Proprietorship 5.1

Characteristics of Individual
Ownership
Advantages & Disadvantages
 FRONT OFFICE

is a business term that

refers to a company’s
departments that come
in contact with clients,
including the marketing,
sales, and service
departments.
 MIDDLE OFFICE

comprises departments of
financial services that
manage position-keeping.
The middle office is usually
a part of operations
division, which is also in-
charge of settlement.
THE ELECTRONIC OFFICE OR
E-OFFICE
was a term coined to cover the
increasing use of computer-based
information technology for office work
E-office requires the use of
individual computers loaded w
ithsoftware applications which are
interconnected in a Local Area Network
(LAN).
 VIRTUAL OFFICE

The term “Virtual Office” implies social

utilization, but a full application
includes professional live communications of
teleconferencing.

A virtual office is a service that allows

businesses to have a professional mailing
address and telephone answering service
without the need for physical office
space.
 BACK OFFICE

is a part of most corporations

where tasks dedicated to
operating the company are
performed.
 OFFICE STAFF
An office staff is an individual employed
as a clerical worker in an office.
His/her job description entails providing
assistance to his/her superior officers
on assigned duties.

OFFICE MANAGER
The office manager is the coordinator of
work system.
He/she is the one who get things done by
working with people and other resources
to achieve the objectives.
FORM OF BUSINESS
ORGANIZATION
Sole Proprietorship
Characteristics
of Individual
Ownership
Advantages &
Disadvantages
 FORMS OF BUSINESS ORGANIZATION

One of the first decision that you'll have to make as

business owners is how your business should be
structured. You need to know the advantages and
disadvantages of each of the different forms of business
organization to make sure you're making the right
decision for your new business.
“Business organization is the act of bringing into effective cooperation the
available resources for production and distribution of goods with aview to
earn the profit.”
• Dr. A. N Aragwala

“Business organization is a concern, company or enterprise which buys and

sells, is owned by one group of persons and is managed under a specific set
of operating policies.”
 WHAT IS A SOLE
PROPRIETORSHIP ?
A person, who
enters into business on his
own account, manages that
business and is solely
responsible for providing the
capital and making the critical
decisions is known as the sole
proprietor.

SOLE
PROPRIETORSHIP
 CHARACTERISTICS OF
INDIVIDUAL OWNERSHIP
1. Owned by signal individual
2. Being a small in size it is easy to manage and
control
3. The owner has unlimited liability
4. As per legal status the owner and the business
are considered as one.
5. No legal formalities to setup the business and
easy to dissolve it.
OWNED BY SIGNAL
INDIVIDUAL
- A single individual
always owns a sole
proprietorship form of
business organization.
That individual owns all
assets and properties of
the business.
BEING A SMALL IN SIZE IT
IS EASY TO MANAGE AND
CONTROL

- because no one will

question your plans
and decisions
THE OWNER HAS
UNLIMITED
LIABILITY
-The business is unable
to meet its own debts or
liabilities, it will fall
upon the proprietor to
pay them.
-For instance, he may
have to sell all of his
personal assets
 THE OWNER HAS UNLIMITED
LIABILITY
-Being your own boss is a great sense of
satisfaction and achievement.

NO LEGAL FORMALITIES TO SETUP THE

BUSINESS AND EASY TO DISSOLVE IT.

- A sole proprietorship does not have a separate law

to govern it.
-And so, there are not many special rules and
regulations to follow.
 ADVANTAGES OF SOLE
PROPRIETOR
1. It is the easiest and least
expensive form of business
organization
2. Personal decision making
3. All profits belong to the owner
4. Personal satisfaction
5. Business affairs are kept very
private.
DISADVANTAGES OF SOLE
PROPRIETOR

1. Unlimited liability
2. Expansion problems due to
lack of capital
3. Lack of continuity
4. Cannot take advantage of
large scale buying.
THANK
YOU
 PROJECT GOALS
RESEARCH
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PRACTICE
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IMPROVEMENT
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 25

STATISTICS 20

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