Special Topics in Management

Which of the following types of small business is involved in the conversion of raw materials intro products needed by the society?

• General Construction Firms

• Manufacturing

• Retailing

• Wholesaling

It is the commitment of businesses to operate ethically, contribute to economic development, and improve the quality of life of their workforce, communities, and society at large.

• Corporate Social Responsibility

• Ethical Responsibility

• Legal Responsibility

• Philanthropic Responsibility

What law protects the interests of the consumer, promotes his or her general welfare, and establishes standards of conduct for business and industry?

• Consumer Act of the Philippines (RA No. 7394)

• Go Negosyo Act (RA No. 10644)

• Labor Code of the Philippines (PD No. 442)

• Magna Carta for Micro, Small and Medium Enterprises (MSMEs) (RA No. 9501)

Which of the following types of small business is involved in the sales of goods and/or services to the final consumers?

• General Construction Firms

• Manufacturing

• Retailing

• Wholesaling

It is the law that provides tax exemptions for businesses like sari-sari stores and similar enterprises.

• Barangay Micro Business Enterprises (BMBE) Act of 2002 (RA 9178)

• Consumer Act of the Philippines (RA No. 7394)

• Go Negosyo Act (RA No. 10644)

• Magna Carta for Micro, Small and Medium Enterprises (MSMEs) (RA No. 9501)

What do you call the document that helps the small business owner determine what resources are needed to achieve the objective of the firm, and provides a standard against which to evaluate results?

• Business Plan

• Financial Plan

• Marketing Plan

• Organizational Plan

What law protects labor, promotes employment and human resource development, and ensures industrial peace based on social justice?

• Consumer Act of the Philippines (RA No. 7394)

• Go Negosyo Act (RA No. 10644)

• Labor Code of the Philippines (PD No. 442)

• Magna Carta for Micro, Small and Medium Enterprises (MSMEs) (RA No. 9501)

Which of the following is considered as the collecting arm of the Philippine government and enforces RA No. 8424 or the Tax Reform Act of 1997?

• Bureau of Internal Revenue (BIR)

• Philippine Health Insurance Corporation (PhilHealth)

• Social Security System (SSS)

• Securities and Exchange Commission (SEC)

Which of the following is an example of service type of business?

• Bakeries

• Fast food shops

• Hotels and motels

• Restaurants

What do you call the economic activity of a person who starts, manages, and assumes the risk of a business enterprise?

• Entrepreneurship

• Organization

• Management

• Manufacturing