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    Forms and Economic Role of Business Organization

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    Cherrielyn Lawas
    The document discusses different forms of business organizations including sole proprietorships, partnerships, and corporations. It also examines the roles businesses play in the economy, such as providing jobs, paying taxes to support government services, introducing new products and innovations, and engaging in corporate social responsibility activities.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Forms and Economic Role of Business Organization

    Uploaded by

    Cherrielyn Lawas
    7K views12 pages
    The document discusses different forms of business organizations including sole proprietorships, partnerships, and corporations. It also examines the roles businesses play in the economy, such as providing jobs, paying taxes to support government services, introducing new products and innovations, and engaging in corporate social responsibility activities.

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    The document discusses different forms of business organizations including sole proprietorships, partnerships, and corporations. It also examines the roles businesses play in the economy, such as providing jobs, paying taxes to support government services, introducing new products and innovations, and engaging in corporate social responsibility activities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    7K views12 pages

    Forms and Economic Role of Business Organization

    Uploaded by

    Cherrielyn Lawas
    The document discusses different forms of business organizations including sole proprietorships, partnerships, and corporations. It also examines the roles businesses play in the economy, such as providing jobs, paying taxes to support government services, introducing new products and innovations, and engaging in corporate social responsibility activities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 12

    FORMS and

    ECONOMIC
    ROLES OF
    BUSINESS
    ORGANIZATION
    SLIDESMANIA.COM
    The Lesson Objectives
    1. Identify forms of business organizations;
    2. Analyze the different forms and roles of
    business organizations; and
    3.Cite practices done by the business towards
    socioeconomic development of a particular
    barangay.
    SLIDESMANIA.COM
    What are the common
    forms of business
    organizations?
    SLIDESMANIA.COM
    Forms of Business Organization

    Sole
    Proprietorship Partnership Corporation
    SLIDESMANIA.COM
    What is sole proprietorship?

    It is managed and owned by a single


    individual and is the simplest type of
    business.
    SLIDESMANIA.COM
    What is partnership?

    Two or more partners bind


    themselves to contribute money,
    property, or industry to a common
    fund.
    SLIDESMANIA.COM
    What is corporation?

    Is an artificial being creating by


    operation of law, having the right of
    succession, and the powers,
    attributes, and properties expressly
    authorized therein or incident to its
    existence.
    SLIDESMANIA.COM
    What is the role of business in
    relation to the economy?

    providing the goods and


    services that people need
    or want.
    SLIDESMANIA.COM
    Roles to economy

    ✓ As its main role to business economy, businesses generally


    provide jobs to common individuals who are in the first place
    have met the certain requirements needed for employment
    who in turn are able to buy goods and services.

    ✓ Businesses on the other hand, pay taxes as one of the major


    sources to finance government spending and operations.
    SLIDESMANIA.COM
    Roles to economy

    ✓ Businesses are the entities that introduce new products


    and innovation that would lead to changes in standards of
    living.

    ✓ Economic competition usually pushes businesses to act


    socially desirable manner. Most common activities that
    businesses are doing are practicing service beyond profit-
    known as corporate social responsibility (CSR).
    SLIDESMANIA.COM
    “GO THE EXTRA MILE
    IT’S NEVER CROWDED”
    SLIDESMANIA.COM
    THANK YOU
    SLIDESMANIA.COM

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