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Applied Economics: Quarter 4

This document provides learning activity sheets for students on business organization and classification. It begins with definitions for key economic terms. Students then compare and contrast business vs industry and microeconomics vs macroeconomics in a Venn diagram. Characteristics and concepts of these terms are also discussed. The document outlines different classifications of businesses based on asset size in the Philippines. It concludes with an activity where students fill out a table with characteristics of different types and classifications of business organizations.

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kiara mae
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366 views8 pages

Applied Economics: Quarter 4

This document provides learning activity sheets for students on business organization and classification. It begins with definitions for key economic terms. Students then compare and contrast business vs industry and microeconomics vs macroeconomics in a Venn diagram. Characteristics and concepts of these terms are also discussed. The document outlines different classifications of businesses based on asset size in the Philippines. It concludes with an activity where students fill out a table with characteristics of different types and classifications of business organizations.

Uploaded by

kiara mae
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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12

APPLIED
ECONOMICS
QUARTER 4

ACTIVITY SHEETS
1
APPLIED ECONOMICS G12
QUARTER 4 WEEK 1

INDUSTRY AND ENVIRONMENTAL ANALYSIS: BUSINESS


OPPORTUNITY IDENTIFICATION

Name:_________________________________ Grade & Section: ______________


Learning Activity Sheet No. 1 Date Answered: _______________

“Let’s Start It Off!”

Before we discuss on Business Organization and Classification,


let us first try to familiarize some important terms that we will use
throughout this topic. Here are some terms to remember.
From the words found in the fishbowl, pick 10 words and give its technical
definition. Following the format below, write your answers in a separate sheet of
paper.

Business Firms Medium Scale Enterprise


Cooperative Goods Microeconomics
Corporation Household Partnership
Economic Resources Imports Small Scale Enterprise
Enterprise Industry Services
Entrepreneurs Large Scale Enterprise Sole Proprietor
Exports Macroeconomics
Terms Definition
1.

2.

3.

Page | 1

“Are you taking it?”


Your previous activity is a refresher to this topic. From there, let us move forward
with the topic through this activity.
A. In a Venn Diagram Presentation, compare and contrast the
following terms:

1. Business vs. Industry


2. Microeconomics vs. Macroeconomics

B. From your Venn diagram presentation, list down and discuss further the
characteristics and concepts of the following Economic terms. In a separate sheet of
paper, write your answers in the same format below. Write also the source of your
answers.

Economic Terms Characteristics/ Concepts


1. Business

2. Industry

3. Microeconomics

4. Macroeconomics

Page | 2

“Here’s how it
is!”

The success of any business undertaking may depend on the principles,


tools and techniques may be employed in the business. For an entrepreneur to
put up a business, it is necessary to undergo a business or industry analysis
Also, from simple to complex business organization, the number of business owner,
the capitalization, the resources, the legal requirements differ. Assets and liabilities also
need to be considered.

For business classification based on its worth of business assets, the following are
the classification in the Philippine context.

Classification Worth of Business Assets


1. Micro-business Below Php 1,500,001
2. Small scale business Php 1,500,001 – 15,000,000
3. Medium scale business Php 15,000,001 – 60,000,000
4. Large scale business Assets exceeding Php 60,000,000

For any of these business organization mentioned above, all business must be
registered with the appropriate government agencies. For Sole Proprietorships and
Partnerships, 100% must be owned and capitalized by Filipinos. For corporations, at least
60% of the outstanding capital stock must be owned by a Filipino Citizen. Business activity
conducted may be within the major sectors of industry, service, practice of profession, or
operation of tourism-related and agri-businesses.

The choice of which form of business organization may be a personal preference of


the owner, based on his objectives, his available resources and the scope of operations
(Dinio, et. al, 2017).

Page | 3

“Let’s Do It!”
From the above readings, let us fill up the table below on the characteristics/
concepts of the following type/classification of business organizations.
Write your answer in a separate sheet of short bond paper. Follow the
format below.

Type/ General Ownership Assets Example of an


Classification Characteristics Existing
Business
Industry

1. Sole
Proprietorships

2. Partnerships

3. Corporation

4. Cooperative

5. Micro-
business

6. Small scale
business

7. Medium
scale business

8. Large scale
business

Page | 4

“Let’s Ace It”


Direction. Read the instructions carefully and follow what is being asked for each
activities. For these activities, form a group with 3 members living within the same
area. Make sure to follow IATF protocol in the conduct of these activities.

A. Essay. Given the opportunity to be an Entrepreneur, and with the economic


resources at hand, what type of business will you open and how are you to
manage it? Please be guided with the following questions.
1. Where is your location?
2. What is the goods/services will you provide?
3. How much is your capitalization?
4. How will you run or operate your business?
5. Who will manage your business?
Rubrics:

Points Description
9-10 Well-discussed content, organization, discussion,
grammar and spelling is very evident.
7-8 Correct content, organization, discussion, grammar
and spelling is some evident.
5-6 Content, organization, discussion, grammar and
spelling is averagely evident.
3-4 Content, organization, discussion, grammar and
spelling is poorly applied.
0-2 Content, organization, discussion, grammar and
spelling is not evident.

B. Business Inquiry.
Following the IATF Protocol, within your community, interview a
business owner of any goods/services provider. Be guided with the questions
below. Write your answer in a yellow paper. Use any formal format of writing.
This is a 20-points assessment. Make your own Rubrics and grade your own
output. (Note: Your output will be used for the next topic discussion.)

1. What is his business objectives?


2. How did his business started?
3. What are his ways of managing his business?
4. What problems did he encountered relative to his business?
5. How did he keep up with his business despite the pandemic
situation at present?
6. What are the advantages and disadvantages of his business?
7. What are his future plans for his business?

Page | 5
Page | 6

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