TLE Reviewer Lesson 3 and 4

Micro, Small and Medium Enterprise (MSMEs) are any business activity/enterprise engaged in the industry whether single proprietorship, cooperative, partnership or corporation.

• True

• False

This is the type of business whose total assets size up to

PHP 3,000,000.

• Microbusiness

• Small business

• Medium business or enterprise

• Large business

This is the type of business whose total assets size

up to PHP 3,000,001 - PHP 15,000,000

• Microbusiness

• Small business

• Medium business or enterprise

• Large business

This is the type of business whose total assets size

up to PHP 15,000,001 - PHP 100,000,000.

• Microbusiness

• Small business

• Medium business or enterprise

• Large business

This is the type of business whose total assets size

above PHP 100,000,000.

• Microbusiness

• Small business

• Medium business or enterprise

• Large business or enterprise

Which one is not a microbusiness?

• Lugawan

• Pizza Stand

• Manufacturing

• Fruits and Vegetable Stand

This is a small business , often unregistered, having five or fewer employees and requiring seed capital not more than PHP 3Million

• Microbusiness

• Small business

• Medium business or enterprise

• Large business or enterprise

This is a type of business having 10-199 employees

• Microbusiness

• Small and medium business enterprise

• Large business or enterprise

This type of business is involved in the conversion of raw materials into products needed by the society

• Trading

• Manufacturing

The business of buying and selling commodoties

• Trading

• Manufacturing