MANAGEMENT

STUDY
GROUP 2
 WHAT IS MANAGEMENT STYLE?

Management style is the manner in which managers exercise

their authority in the workplace and ensure that their
objectives are achieved.
 CONTENTS:
FORMS OF ORGANIZATIONAL
01 OWNERSHIP CHART 02
REPORTED BY: REPORTED BY:
Archille L. Joseph Rodimay Canlapan

OFFICERS AND PROJECT

03 KEY PERSONNEL SCHEDULE 04
REPORTED BY: Kate REPORTED BY:
Lumantao BLESSIE IRIS YU
 Forms of
BUSINESS OWNERSHIP
With its pros and cons
01 Sole
Proprietorship
A sole proprietorship, also known as a sole tradership,
individual entrepreneurship or proprietorship, is a type of
enterprise owned and run by one person and in which there is no
legal distinction between the owner and the business entity.
 SOLE PROPRIETORSHIP

PROS CONS
• LITTLE TO NO • ALL POWER IS
RESTRICTIONS GIVEN TO ONE
• LOW STARTUP PERSON
COSTS • HARD TO RAISE
• NO ADDITIONAL MONEY
FEEDERAL • UNLIMITED
TAXES LIABILITY
PARTNERSHIP
Similar to sole proprietorships, a partnership is the
simplest type of business ownership when two or
more people are involved. There are two kinds:
limited partnerships and limited liability
02
partnerships.
 e ty p es o f Liability
th
liabilities:
being responsible for something by law
Unlimited liability
Business owners are legally
obligated to repay the debt
obligations of their companies
The owners' personal assets
can be seized to settle the
financial obligations of the
business
Exists in sole proprietorships
and general partnerships
Limited liability
Business owners are not legally
obligated to repay the debt
obligations of their companies
The owners' personal assets
cannot be seized to settle the
financial obligations of the
business
Exists in limited liability
companies and partnerships
 TWO KINDS OF PARTNERSHIP

1. A limited partnership has one partner with unlimited liability

(General party) while everyone else involved has limited liability
(limited partners). With limited liability, comes limited control.
Since being a partner with limited liability is less of a risk, they get
less say in decision-making processes.
2. A limited liability partnership has only one class of owners,
meaning there is no partner with the risk, and power, of unlimited
liability. A limited liability partnership shares the liability among the
owners, protecting them from the mistakes of their partners.
 PARTNERSHIP

PROS CONS
• BENEFITS OF • RISK OF
TEAMWORK DISAGREEMETS
• LOW STARTUP • DIVIDED
COSTS PROFITS
• GREATER • POTENTIAL
BORROWING UNLIMITED
CAPACITY LIABILITY
03 Limited Liability
Company
• Not to be confused with a limited liability partnership, a
limited liability company (LLC) separates the owner’s
personal and professional assets.
• Similar to sole proprietorships and partnerships, LLCs do not
pay additional federal income taxes or those associated with
being a corporation.
• Also, LLCs fall under the category of self-employment, so
those taxes fall on them as well.
CORPORATION
A corporation is an organization—usually a group of
people or a company—authorized by the state to act
as a single entity and recognized as such in law for
certain purposes.
04
TYPES OF
CORPORATIONS

i. C corporation
ii. S corporation
iii. B corporation
iv. Close corporation
v. Non-profit corporation
 C Corporation
 A C corporation is any corporation that is taxed separately from its
owners. It is also subject to corporate income taxation. The taxing of
profits from the business is at both corporate and personal levels,
creating a double taxation situation.

PRO CON
• STOCK PROVIDES • DOUBLE TAXATION:
GOOD FUNDING ONCE ON PROFITS
OPTIONS AND ONCE ON
DIVIDENDS
 LIMITED LIABILITY COMPANY

PROS CONS

• PROTECTED • HIGHER STARTUP

FROM COSTS
LIABILITY
• SELF-EMPLOYMENT
• EASY STARTUP TAXES
• NO ADDITIONAL • HARD TO RAISE
FEDERAL TAXES OUTSIDE CAPITAL
 S Corporation
 An S corporation, or S corp, is a type of corporation that is meant
to avoid the double taxation that hits normal C corporations. To become
an S corp and avoid that taxation, you file a special election. Once the
business is officially an S corp, it is no longer taxed on profits. Instead,
all profits, and losses, are passed on to the stockholders.

PRO CON
• STOCK PROVIDES • DOUBLE
GOOD FUNDING TAXATION: ONCE
OPTIONS ON PROFITS AND
ONCE ON
DIVIDENDS
 B Corporation
 Benefit corporations, or B corps, have missions similar to non-profit
organizations, but they are, in fact, a for-profit corporation. Their stakeholders
have the goal of providing a public benefit, but they also want to see a profit.
 Even though they might have different purposes, B corps are not taxed
differently form C corps.

PRO CON
• SERVING THE • NO SPECIAL TAX
PUBLIC WHILE BENEFITS
MAKING PROFIT
 Close Corporation
 A closed corporation is a company which does not raise funds from the
public and instead operates with a small number shareholders to ensure supreme
control over its functioning.
 The stocks are owned by people that are closely related to the business.

PRO CON
• STOCK OWNED • POTENTIAL FOR
BY THE PEOPLE DOUBLE
CLOSED TO THE TAXATION
COMPANY
 Non-Profit Corporation
 Nonprofit corporations work in charity, education, religion, literature, or science.
Because they exist to serve the common good, nonprofit corporations do not pay
any state or federal taxes on their income.
 To obtain this tax-exempt status, nonprofit corporations must register with their
state, follow similar rules to standard C corporations, and all money must go back
into the organization. In other words, profits can’t be distributed to the members of
the organization. This does not mean nonprofits do not pay their employees.

PRO CON
• SERVE THE • ALL PROFITS GO
COMMON GOOD BACK TO THE
AND EXEMPT ORGANIZATION
FROM TAX
05 Cooperatives
• A cooperative is a private business owned and operated by
the same people that use its products and or services. The
purpose of a cooperative is to fulfill the needs of the people
running it. The profits are distributed among the people
working within the cooperative, also known as user-owners.
• There is typically an elected board that runs the cooperative,
and members can buy shares to be apart of decision-making
processes.
 COOPERATIVES

PRO CON

• EMPLYEES ARE • HARD TO RECEIVE

ENGAGED AND OUTSIDE FUNDING
ARE ONLY
TAXED ON
THEIR INCOME
 Up Next is
Organizational
Chart!!!
Reporter: Rodimay Canlapan