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Introduction to Business Concept

Introduction to Business Concept. THE COMPANIES. Loading…. s lides download: unnay.wordpress.com. TUTORIAL FOCUS. HOME. OUTLINE. DISCUSSING QUESTION. QUESTION1. QUESTION2. QUESTION3. QUESTION4. QUESTION5. DISCUSSING ACTIVITIES. SUMMARY. CASE STUDY. KEY TERMS DISCUSSING.

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Introduction to Business Concept

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  1. Introduction to Business Concept THE COMPANIES Loading…. slides download: unnay.wordpress.com

  2. TUTORIAL FOCUS HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 DISCUSSING ACTIVITIES SUMMARY CASE STUDY

  3. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges What is Company? HOME OUTLINE DISCUSSING QUESTION • Company: an organization which goods or services are sold in order to make money. QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  4. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges A SOLE PROPRIETORSHIP? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  5. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges PARTNERSHIP? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  6. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges CORPORATION? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  7. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges CORPORATION? HOME OUTLINE DISCUSSING QUESTION QUESTION1 Owners of a corporation are called shareholders (or stockholders). When a corporation issues only one class of stock, we call it common stock (or capital stock). QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  8. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges JOINT VENTURE? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  9. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges FRANCHISING? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  10. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges REPRESENTATIVE OFFICE? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  11. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges REPRESENTATIVE OFFICE? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  12. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges BRANCH OFFICE? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  13. KEY TERMS DISCUSSING Intranets, Extranets,and Private Exchanges A SUBSIDIARY? HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  14. CHAPTER SUMMARY Intranets, Extranets,and Private Exchanges • FACTORS FOR CONSIDERING BEFORE CHOOSING BUSINESS FORM • Tax considerations • Liability exposure • Start-up capital requirements • Control • Managerial ability • Business goals • Management succession plans • Cost of formation HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  15. CHAPTER SUMMARY Intranets, Extranets,and Private Exchanges A Sole Proprietorship: is a form of business ownership which has only one shareholder and is an enterprise which is established and operated by a single natural person who is the owner of all its capital. HOME DISADVANTAGES: • Unlimited Liability • Limited financial resources • Management difficulties • Overwhelming time commitment • Few fringe benefits • Limited growth • Limited life span OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY ADVANTAGES: • Ease of starting and ending the business • Being your own boss • Pride of ownership • Leaving a Legacy • Retention of company profit • No special taxes CASE STUDY

  16. CHAPTER SUMMARY Intranets, Extranets,and Private Exchanges A PARTNERSHIP: associate with one or more people who co-own a business for the purpose of making profit. HOME DISADVANTAGES: • Unlimited Liability • Division of profit • Disagreements among partners • Difficult to terminate • Lack of continuity OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY ADVANTAGES: • Easy to establish • Ability to attract limited partner • Tax advantages • Flexibility • More financial resources • Shared management and pooled knowledge • Longer survival CASE STUDY

  17. CHAPTER SUMMARY Intranets, Extranets,and Private Exchanges CORPORATION: is a separate legal entity and the most complex of the three basic forms of ownership. HOME DISADVANTAGES: • Initial cost • Extensive paperwork • Size • Difficulty of termination • Double taxation • Possible conflict OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY ADVANTAGES: • More money for investment • Limited Liability • Ability to continue indefinitely • Ability to attract capital • Ease of ownership change • Ease of drawing talented employees CASE STUDY

  18. CHAPTER SUMMARY Formof Business 7% 19% 74% Sales Revenue 89% 5% 6% Sole Proprietorship Partnership Corporations Intranets, Extranets,and Private Exchanges HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  19. REVISION’S QUIZ Intranets, Extranets,and Private Exchanges HOME Q1: An association of two or more people who co-own a business for the purpose of making a profit. Sole proprietorship Partnership Corporation OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  20. REVISION’S QUIZ Intranets, Extranets,and Private Exchanges Q2: is a business owned and managed by one individual and is the most popular form of ownership. Sole proprietorship Partnership Corporation HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  21. REVISION’S QUIZ Intranets, Extranets,and Private Exchanges Q3: is a separate legal entity and the most complex of the three basic forms of ownership. Sole proprietorship Partnership Corporation HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  22. REVISION’S QUIZ Intranets, Extranets,and Private Exchanges HOME COMPREHENSIVE QUESTIONS Q1: What factors should you consider before choosing a form of ownership? Please list down several and briefly explain. OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  23. REVISION’S QUIZ Intranets, Extranets,and Private Exchanges HOME COMPREHENSIVE QUESTIONS Q2: What does unlimited liability mean? OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  24. REVISION’S QUIZ Intranets, Extranets,and Private Exchanges HOME COMPREHENSIVE QUESTIONS Q3. What are the main differences between general and limited partners? OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  25. REVISION’S QUIZ Intranets, Extranets,and Private Exchanges HOME COMPREHENSIVE QUESTIONS Q4. What are the advantages and disadvantages of corporations? OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  26. REVISION’S QUIZ Intranets, Extranets,and Private Exchanges HOME THE TIME IS OVER Submit your work!!! OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  27. KNOWLEDGE SHARING ACTIVITIES HOME OUTLINE DISCUSSING QUESTION QUESTION1 QUESTION2 QUESTION3 QUESTION4 QUESTION5 SUMMARY CASE STUDY

  28. Questions & Comments??? THANKS FOR YOUR GOOD PARITICIPATION!!!

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