Podcast
Questions and Answers
What is the main characteristic of a sole proprietorship?
What is the main characteristic of a sole proprietorship?
What is the primary distinction between a general partnership and a limited partnership?
What is the primary distinction between a general partnership and a limited partnership?
What is the key difference between consumer goods and producer goods?
What is the key difference between consumer goods and producer goods?
What is the primary focus of the industry?
What is the primary focus of the industry?
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Which type of partnership involves partners who contribute only capital and have limited liability?
Which type of partnership involves partners who contribute only capital and have limited liability?
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What is the fundamental characteristic of business?
What is the fundamental characteristic of business?
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What is the classification of a business as 'MICRO' according to the text?
What is the classification of a business as 'MICRO' according to the text?
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What does SWOT analysis stand for?
What does SWOT analysis stand for?
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Who is credited with developing the Porters Five Forces Analysis?
Who is credited with developing the Porters Five Forces Analysis?
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What is the main focus of Industry Analysis as per the text?
What is the main focus of Industry Analysis as per the text?
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What is considered a subset of the market where a specific product is produced?
What is considered a subset of the market where a specific product is produced?
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Which element is NOT included in Porter's Five Forces Analysis?
Which element is NOT included in Porter's Five Forces Analysis?
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What does the acronym 'SWOT' represent in SWOT analysis?
What does the acronym 'SWOT' represent in SWOT analysis?
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What is the main purpose of Environmental Analysis according to the text?
What is the main purpose of Environmental Analysis according to the text?
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Which factor is NOT included in the tools used for evaluating a business according to the text?
Which factor is NOT included in the tools used for evaluating a business according to the text?
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Business takes place when there is transaction or exchange of value between one company and another. Profit - financial measure of how efficient a ______.
Business takes place when there is transaction or exchange of value between one company and another. Profit - financial measure of how efficient a ______.
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Industry - aggregation of different businesses engaged in the same line of ______.
Industry - aggregation of different businesses engaged in the same line of ______.
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Industry - aggregation of different businesses engaged in the same line of ______.
Industry - aggregation of different businesses engaged in the same line of ______.
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Consumer good – goods we ultimately ______.
Consumer good – goods we ultimately ______.
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Producer goods – goods used to produce other ______.
Producer goods – goods used to produce other ______.
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Sole proprietorship - it’s by a single individual who is singly responsible for running the ______.
Sole proprietorship - it’s by a single individual who is singly responsible for running the ______.
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SWOT ANALYSIS - An analytical framework used to determine and define your strengths, weaknesses, opportunities, and ______.
SWOT ANALYSIS - An analytical framework used to determine and define your strengths, weaknesses, opportunities, and ______.
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CORPORATION - legal entity that is separate from its ______.
CORPORATION - legal entity that is separate from its ______.
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PORTERS FIVE FORCES ANALYSIS - a framework or a guide for assessing the competitive strength and position of a certain ______.
PORTERS FIVE FORCES ANALYSIS - a framework or a guide for assessing the competitive strength and position of a certain ______.
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Industry Analysis - a market assessment tool used by businesses and analysis to understand the competitive dynamics of an ______.
Industry Analysis - a market assessment tool used by businesses and analysis to understand the competitive dynamics of an ______.
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Economic Forces – involves the look at economic ______.
Economic Forces – involves the look at economic ______.
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Physical Environment – includes a look at the population size, geography of the place where the business will be located, land distribution, climate and in today’s global warming ______.
Physical Environment – includes a look at the population size, geography of the place where the business will be located, land distribution, climate and in today’s global warming ______.
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Political Factors – type of government, stability and type of government, and good ______.
Political Factors – type of government, stability and type of government, and good ______.
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MICRO – total assets are worth below Php 1,500,001 b. SMALL – total assets are worth from 1,500,000 to 15,000,000 c. MEDIUM – total assets are worth from 15,000,000 to 60,000,000 d. LARGE– total assets are worth 60,000,000 and ______.
MICRO – total assets are worth below Php 1,500,001 b. SMALL – total assets are worth from 1,500,000 to 15,000,000 c. MEDIUM – total assets are worth from 15,000,000 to 60,000,000 d. LARGE– total assets are worth 60,000,000 and ______.
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Environmental Analysis - describes as the process which examines all the components, internal or external that influences the performance of the business ______.
Environmental Analysis - describes as the process which examines all the components, internal or external that influences the performance of the business ______.
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Tools in evaluating a business 1. geographic Area 2. Size and Outlook 3. Description of the product 4. Identification of buyers (target market) 5. Regulatory Environment 6. Knowing the ______ 7. Factors that will affect the growth of the business.
Tools in evaluating a business 1. geographic Area 2. Size and Outlook 3. Description of the product 4. Identification of buyers (target market) 5. Regulatory Environment 6. Knowing the ______ 7. Factors that will affect the growth of the business.
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