ORGANIZATION &

MANAGEMENT
RANDY M. PACQUIAO
Subject Teacher
REVIEW
 FORMS OF
BUSINESS
ORGANIZATION
 OBJECTIVES:
At the end of the session:
•The students will enumerate the different forms of
Business Organization;
•The students will define the meaning of Sole
Proprietorship;
•The students will explain the advantages and
disadvantages of Sole Proprietorship;
•The students will develop a sole or single proprietorship
business plan.
 REFLECT THE PIC!

•Describe the picture.

•Share your experience.
•What are the products or services you
avail?
•Who do you is the owner?
__________________________
 PROCESS QUESTIONS:

•Do they have products and services

offered?
•Why do you think they’re different in
terms of management?
 FORMS OF BUSINESS ORGANIZATION

There are four basic forms of business organization,

namely:
1. Sole or Single Proprietorship;
2. Partnership;
3. Corporation; and
4. Cooperative
 SOLE
PROPRIETORSHIP
• Sole or Single Proprietorship is a form of
business organization that is owned and controlled
by one person. It is the simplest form of business
ownership. For example: Sari-Sari Store,
Wholesale and Retail, Bakery and other service-
provider industries.
 ADVANTAGES OF SOLE OR
SINGLE PROPRIETORSHIP
• you’re the boss
• you keep all the profits
• start-up costs are low
• you have maximum privacy
• establishing and operating your business is simple
• it’s easy to change your legal structure later if circumstances change
you can easily wind up your business.
 DISADVANTAGES OF SOLE OR
SINGLE PROPRIETORSHIP
• you have unlimited liability for debts as there’s no legal distinction
between private and business assets
• your capacity to raise capital is limited
• all the responsibility for making day-to-day business decisions is
yours
• retaining high-calibre employees can be difficult
• it can be hard to take holidays
• you’re taxed as a single person the life of the business is limited.
 ACTIVITY – MY BUSINESS PLAN
• Students will choose a product
• Students will brainstorm and develop a brandname for the
chosen product
• After 5 minutes of brainstorming, they will present their
brandname infront of the class and explain:
• Why did they choose such brand name?
• What does it stand for?
 SHORT QUIZ
¼ SHEET OF PAPER
 ASSIGNMENT!

Read in advance about Partnership,

Corporation and Cooperative.