11

ORGANIZATION
AND
MANAGEMENT
Quarter 1 – Module 4:
Business Forms and Economic
Development

Region I
ALAMINOS CITY DIVISION
Alaminos City, Pangasinan
Project Write, Write, Write
Alternative Instructional Module
Organization and Management – Grade 11
Alternative Delivery Mode
Quarter 1 – Module 4: Business Forms and Economic Development
First Edition, 2020

Republic Act 8293, section 176 states that: No copyright shall subsist in any work
of the Government of the Philippines. However, prior approval of the government agency or
office wherein the work is created shall be necessary for exploitation of such work for profit.
Such agency or office may, among other things, impose as a condition the payment of
royalties.

Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this module are owned by their respective copyright holders.
Every effort has been exerted to locate and seek permission to use these materials from
their respective copyright owners. The publisher and authors do not represent nor claim
ownership over them.

Published by the Department of Education

Secretary: Leonor Magtolis Briones
Undersecretary: Diosdado M. San Antonio

Development Team of the Module

Writer: Vida M. Teodoro
Editors: Benjamin B. Rabago Jr. and Siegfred Levy D. Saylago
Reviewer: Adolf B. Medrano, EdD
Illustrator:
Layout Artist:
Management Team: Lorna G. Bugayong, PhD, CESO VI
Schools Division Superintendent
Aguedo C. Fernandez, CESO VI
Assistant Schools Division Superintendent
Wilfredo E. Sindayen, EdD, Division CID Chief
Ronald B. Radoc, EdD, EPS, LRMS
Adolf B. Medrano, EdD, EPS, Mathematics

Printed in the Philippines by:

Department of Education – Region 1 – Alaminos City Division

Office Address: San Jose Drive, Poblacion, Alaminos City, Pangasinan

Telefax: (075) 205-0644/205-0643

E-mail Address:
 11

ORGANIZATION
AND
MANAGEMENT
Quarter 1 – Module 4:
Business Forms and Economic
Development
Introductory Message
For the facilitator:

Welcome to the Organization and Management 11 Module on Business Forms and

Economic Development!

This module was collaboratively designed, developed and reviewed by educators

both from public and private institutions to assist you, the teacher or facilitator in
helping the learners meet the standards set by the K to 12 Curriculum while
overcoming their personal, social, and economic constraints in schooling.

This learning resource hopes to engage the learners into guided and independent
learning activities at their own pace and time. Furthermore, this also aims to help
learners acquire the needed 21st century skills while taking into consideration
their needs and circumstances.

In addition to the material in the main text, you will also see this box in the body of
the module:

Notes to the Teacher

This contains helpful tips or strategies
that will help you in guiding the learners.

As a facilitator you are expected to orient the learners on how to use this module.
You also need to keep track of the learners' progress while allowing them to
manage their own learning. Furthermore, you are expected to encourage and assist
the learners as they do the tasks included in the module.

2
For the learner:

Welcome to the Organization and Management 11 Module on Business Forms and

Economic Development!

The hand is one of the most symbolized part of the human body. It is often used to
depict skill, action and purpose. Through our hands we may learn, create and
accomplish. Hence, the hand in this learning resource signifies that you as a
learner is capable and empowered to successfully achieve the relevant
competencies and skills at your own pace and time. Your academic success lies in
your own hands!

This module was designed to provide you with fun and meaningful opportunities
for guided and independent learning at your own pace and time. You will be
enabled to process the contents of the learning resource while being an active
learner.

This module has the following parts and corresponding icons:

What I Need to Know This will give you an idea of the skills or
competencies you are expected to learn in
the module.

What I Know This part includes an activity that aims to

check what you already know about the
lesson to take. If you get all the answers
correct (100%), you may decide to skip this
module.

What’s In This is a brief drill or review to help you link

the current lesson with the previous one.

What’s New In this portion, the new lesson will be

introduced to you in various ways such as a
story, a song, a poem, a problem opener, an
activity or a situation.

What is It This section provides a brief discussion of

the lesson. This aims to help you discover
and understand new concepts and skills.

What’s More This comprises activities for independent

practice to solidify your understanding and
skills of the topic. You may check the
answers to the exercises using the Answer
Key at the end of the module.

What I Have Learned This includes questions or blank

sentence/paragraph to be filled in to
process what you learned from the lesson.

What I Can Do This section provides an activity which will

help you transfer your new knowledge or

3
 skill into real life situations or concerns.

Assessment This is a task which aims to evaluate your

level of mastery in achieving the learning
competency.

Additional Activities In this portion, another activity will be given

to you to enrich your knowledge or skill of
the lesson learned. This also tends retention
of learned concepts.

Answer Key This contains answers to all activities in the

module.

At the end of this module you will also find:

References This is a list of all sources used in

developing this module.

The following are some reminders in using this module:

1. Use the module with care. Do not put unnecessary mark/s on any part of
the module. Use a separate sheet of paper in answering the exercises.
2. Don’t forget to answer What I Know before moving on to the other activities
included in the module.
3. Read the instruction carefully before doing each task.
4. Observe honesty and integrity in doing the tasks and checking your
answers.
5. Finish the task at hand before proceeding to the next.
6. Return this module to your teacher/facilitator once you are through with it.
If you encounter any difficulty in answering the tasks in this module, do not
hesitate to consult your teacher or facilitator. Always bear in mind that you are
not alone.

We hope that through this material, you will experience meaningful learning
and gain deep understanding of the relevant competencies. You can do it!

4
 What I Need to Know

This module was designed and written with you in mind. It is here to help you
master the Business Forms and Economic Development. The scope of this module
permits it to be used in many different learning situations. The language used
recognizes the diverse vocabulary level of students. The lessons are arranged to
follow the standard sequence of the course. But the order in which you read them
can be changed to correspond with the textbook you are now using.

The module is divided into two lessons, namely:

 Lesson 1 – Forms and Economic Roles of Business Organizations
 Lesson 2 – The Phases of Economic Development and Its Impact to Business
Environment
Most Essential Learning Competencies:
 Analyze the forms and economic roles of business; and
 Differentiate the phases of economic developments and its impact to
business environment.

After going through this module, you are expected to:

1. differentiate the various forms of business organizations;
2. explain the role of business in relation to the economy; and
3. discuss the different phases of economic development.

5
 What I Know

Directions: Choose the letter of the best answer. Write the chosen letter on a
separate sheet of paper.

1. What form of business where all partners are responsible for the business
and are subject to unlimited liability for business?
a. Partnership
b. Sole Proprietorship
c. Limited partnership
d. General Partnership

2. Corporation as a separate legal entity must be registered to SEC. What

does the acronym SEC stands for?
a. Securities and Exchange Corporation
b. Security and Exchange Commission
c. Securities and Exchange Commission
d. Security and Exchange Corporation

3. Which of the following describes a business cycle?

a. Inflation sometimes, but not others.
b. Regular growth rate of consumer spending.
c. Periods of increasing and decreasing real GDP.
d. Contraction, recession, and expansion.

4. Which of the following is not an advantage of a corporation?

a. Limited liability
b. Source of capital
c. Ownership transfer
d. Limited potential for growth

5. Which of the following stages of economy reaches maturity and begins the
final stage?
a. Take-Off
b. Traditional Society
c. High Mass Consumption
d. None of the above

6. What form of business is composed of 2-5 members agreed to share capital

to run the business?
a. Cooperative
b. Corporation
c. Partnership
d. Single Proprietorship

6
7. Who developed the Five Stages of Development which all societies go
through?
a. Michael Rostow
b. Moichelle Rostow
c. Walt Whiman Rostow
d. Walt Whitman Rostow

8. Which economic development stage where agriculture becomes

more mechanized and more output is traded?
a. Take Off
b. Traditional Society
c. Transitional Stage
d. High Mass Consumption

9. What is the primary objective of Republic Act 9250?

a. provide optimum social benefits
b. help improve the quality of its members
c. provide goods and services to its members
d. teach members efficient ways of doing things

10. Which of the following does not belong to the group?

a. Age of Mass Consumption
b. Drive to Maturity
c. Take-off
d. Technological Society

11. Which form of business has the highest percentage with regards to number
of firms?
a. Cooperative
b. Corporation
c. Partnership
d. Sole Proprietorship

12. Which stage relied mostly on labor for production and had limited
technology?
a. Take-Off
b. Traditional Society
c. Age of Mass Consumption
d. None of the above

13. Which of the following is not an example of a corporation?

a. Tindahan ni Aleng Nena
b. Coca-Cola Bottlers, Inc.
c. Jollibee Food Corporation
d. Banco De Oro

7
14. As regards to the percentage of sales, which form of business has the
lowest?
a. Cooperative
b. Corporation
c. Partnership
d. Sole Proprietorship

15. Which of the following is the correct arrangement of the economic

development stages?
i. Drive to Maturity
ii. Transitional Stage
iii. Take-Off
iv. Traditional Society,
v. Age of Mass Consumption,

a. I, II, III, IV, V

b. IV, II, III, I, V
c. III, IV, I, V, II
b. IV, III, II, I, V

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Lesson
Forms and Economic Roles
1 of Business Organizations

The presence of business in the economy results in a higher standard of

living for each of us. Even though people are sometimes hurt if market failures are
present, the benefits of having business in the economy far outweigh the costs.

The form of a business organization may depend on its purpose, nature of

operations, and resources. However, a business organization’s form may change
with the changing times and demands they face.

What’s In

A short review of the previous lesson is prepared for you before advancing to
the next lesson.

Activity 1: Recall the Details

Directions: Provide a brief answer on the following questions. Write your answer
on a separate sheet of paper.
1. Define SWOT analysis.

2. Define PESTLE analysis.

3. In business management, identify specific situations where SWOT and

PESTLE analyses are applicable.

4. Write your answers on a separate sheet of paper.

9
Scoring Rubric:
Excellent Very Satisfactory Needs
(4 pts.) Satisfactory (2 pts.) Improvement
(3 pts.) (1 pt.)
1. Knowledge Demonstrates Demonstrates Demonstrates Demonstrates
Understanding thorough considerable some limited
Information and understanding understanding understanding understanding
Ideas of topic or of topic or of topic or of topic or
theme theme theme theme
2. Clarity Communicates Communicates Communicates Communicate
ideas with high ideas with ideas with s ideas with
degree clarity. considerable some clarity. limited clarity
clarity.

What’s New

Business may be understood as the organized efforts of an enterprise to

supply consumers with goods and services for a profit. Businesses vary in size, as
measured by the number of employees or by sales volume.

Activity 2: Label the Picture

Guess the following pictures whether it is SOLE PROPRIETORSHIP, PARTNERSHIP

or CORPORATION. Write your answers on your answer sheet.

1.

= _____________________

10
2.

= ____________________

3.

= ____________________

4.

= ____________________

5.
= _____________________

11
 What is It

After you have undergone the first two activities in this module, you are now
going to develop and expand your knowledge. The best objective for you is to learn
the forms and economic role of business organizations.
One of the first decisions one has to make as a business owner is how the
business should be structured. This involves selecting the right form of business.
Legal structures define the rights and liabilities of participants in the business’s
ownership, control, personal liability, life span, and financial status. Making the
decision in structuring business will have long-term implications on its growth and
development.
In making a choice, business enthusiasts may take into consideration their
business vision, level of control and expected profit or loss and tax implications of
the different organizational structures.

FORMS OF BUSINESS

A. SOLE PROPRIETORSHIP
The vast majority of small businesses start out as sole proprietorships.
These businesses are owned by one person, usually, the individual who has day-to-
day responsibility for running the business. A sole proprietorship can have
multiple people operating the business, but it must have one sole owner.

Advantages Disadvantages
 Owner receives all the profits  Unlimited liability; our personal
 Profits are taxed only once assets are at risk
 Owner makes all decisions and is  Limited in raising funds and may
in complete control of the have to acquire consumer loans
company (could also be a  No separate legal status
disadvantage)  Limited potential for growth
 Easiest and least expensive form  Difficult to attract qualified
of ownership to organize employees – can’t offer fringe
 Personal satisfaction benefits.
(psychological-being your own  Short life span – depends on
boss) prestige and a sense of owner’s health and competence.
accomplishment.

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B. PARTNERSHIP
A partnership is the relationship of two or more 'partners' carrying out a
business with a view to making a profit. As partners, these individuals share
management of the business as well as any profits and losses. Just like in a
corporation, it must be registered with the Securities and Exchange Commission
(SEC).
Advantages Disadvantages
 Easy to establish  Full liability
 Distributed workloads  Sharing of profits
 Profits taxed only once  Divided decision making
 Partners may have  Possibility of disagreements
complementary skills  Limited life – sickness, conflicts,
 Shared decision making – more or death can end the partnership.
informed decisions.
 Sharing of losses

Types of Partnerships:

1. General Partnership. This is an agreement between partners to establish

and run a business together. All partners are responsible for the business
and are subject to unlimited liability for business debts.
2. Limited Partnership. This is where one or more partners are not involved in
the day-to-day management of the business. A limited partner is also known
as “silent partner,” and will serve solely as an investor in the business. The
funds that they contribute define the extent of his/her liability. In addition, a
limited partner does not have decision-making power.

C. CORPORATION
A corporation is a business organization that acts as a unique and separate
entity from its shareholders (5-15 individuals) under the Corporation Code.
Shareholders do not run the corporation. They appoint the Board of Directors who
oversees the corporation’s activities. Before its full operation it must also be
registered to the Securities and Exchange Commission (SEC).
Corporations as legal entity are allowed to enter into contracts, sue and be
sued, own assets, remit f taxes, and borrow money from financial institutions.

13
 Advantages Disadvantages

 Limited liability. Shareholders are  Complex process. Corporation

only liable up to the amount of set-up is a tedious process.
their investments; personal assets
 Double taxation. Corporation pay
are protected.
taxes on its income, after which
 Source of capital. When a shareholders pay taxes on any
corporation sell shares or issue dividends received.
bonds to members and non-
 Excessive paper works. Annual
members, it can raise significant
record-keeping requirements.
amount that can be used in the
expansion of the corporation and  Independent management. The
the like. management team can operate
the business even without the
 Easy transfer of ownership.
guidance and insight of the
Shareholders can easily sell
investors.
shares to other members or non-
 Owners are less involved than
members.
managers
 Perpetual life. Since ownership  Extensive rules. Standards of law
can be passed through to many need to be followed to avoid
generations of investors, there is penalties.
no limit to the life of a  Lacks business confidentiality.
corporation.
 Builds credibility. Corporation is
considered to be more stable than
other forms of business
organization.

The table below summarizes the percentages in the number of firms and
sales of sole proprietorship, partnership and corporation.

PERCENTAGE OF NUMBER
PERCENTAGE OF SALES
OF FIRMS
Corporations 20% Corporations 84%
Partnership 8% Partnership 11%
Sole Proprietorship 72% Sole Proprietorship 5%

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D. COOPERATIVE
A cooperative is an autonomous and duly registered association of persons,
with a common bond of interest, who have voluntarily joined together to achieve
their social, economic, and cultural needs and aspirations. Each member
contributes equity capital, and shares in the control of the firm on the basis of one-
member, one-vote principle.

REPUBLIC ACT 9520 otherwise known as "Philippine Cooperative Code of

2008" defines the primary objective of every cooperative: to help improve the
quality of life of its members.

Types of Cooperatives:
1. Producer Coop – group of farmers who join to get better prices for their goods.
They eliminate the middle-man charges.
2. Housing Coop – formed by members to buy the building they live in.
3. Purchasing Coop – retail store owned and operated by its customers.
4. Credit Union – members pool their savings so they can borrow from it at
lower rates (the most common form of coop)
5. Service Coop – provides service to its members (electrical or telephone)

Lesson The Phases of Economic Development

2 and Its Impact to Business

Environment

Though material wealth accumulation is among the concerns of genuine

economic development, its greater concern is the total improvement of the quality
of people’s lives. This, in turn, is related to sustainable economic development
issues in a country which greatly influences business management.

15
 What’s In

Let us first check your previous knowledge. Answer the next activity to test
what you have learned. Write your answer on a separate paper.

Let us first check your previous knowledge. Answer the next activity to test
what you have learned.

Activity 3: Find My Pair

Directions: Match the column A to column B. Write your answer in the space
provided before the number. Write your answers on a separate sheet of paper.

A B
____ 1. Association of people with common a. Partnership
bond of interest b. Limited Partnership
____ 2. It has separate legal entity c. Cooperative
____ 3. Partners only shares capital d. Single Proprietorship
____ 4. Owned and managed by one person e. Corporation
____ 5. Consists of 2-5 members f. Transitional Society

What’s New

Activity 4: Picture Perfect

Directions: Analyze the pictures below and answer the questions related to it.

PICTURE A PICTURE B

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Guide Questions:
1. What have you observed from the two pictures?
2. What could have been the reasons for such different scenarios?
3. How can one country be richer than another?

What is It

Economic development is a broader concept than economic growth which

also considers the social, political, cultural and spiritual aspects. It usually the
focus of the governments to improve the standard of living through the creation of
jobs, the support of innovation and new ideas, the creation of higher wealth, and
the creation of an overall better quality of life.
. The five stages of economic development were penned by Walt Whitman
Rostow, an American economist, professor and political theorist. The model
describes how societies become modern, industrial economies over five separate
stages.

High Mass
Drive to Consumption
Maturity
Take Off

Transitional
Stage

Traditional
Society

source: [Link]

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Stage One: Traditional Society
This stage is characterized by a subsistent, agricultural-based economy with
intensive labor and low levels of trading, and a population that does not have a
scientific perspective on the world and technology.

Stage Two: Transitional Stage

Here, a society begins to develop manufacturing and a more
national/international—as opposed to regional—outlook. At this stage, science and
technology start to progress, which aids in economic productivity. Agriculture
becomes more mechanized and more output is traded. The savings caused by
increased productivity are saved and invested in other areas.

Stage Three: Take-off

Rostow described this stage as a short period of intensive growth, in which
industrialization begins to occur. This is a period where workers and institutions
become concentrated around a new industry. Manufacturing industry assumes
greater importance, although the number of industries remains small.

Stage Four: Drive to Maturity

This stage takes place over a long period of time, as standards of living rise,
the use of technology increases, and the national economy grows and diversifies.
The economy become less dependent upon imports as their emerging industries
can compete with them. The economy will continue to develop new and more
sophisticated. The workforce becomes more skilled due to the technological
demands of the emerging industries.

Stage Five: High Mass Consumption

A high standard of living marks this stage. Services and consumer goods
replace heavy industry as the engine or economic growth. Rostow believed that
Western countries, most notably the United States, occupied this last "developed"
stage. Here, a country's economy flourishes in a capitalist system, characterized by
mass production and consumerism.
The quantity and quality of products and services increase. A society or
economy in this stage is able to export production, bringing in money from other
country that helps the economy grow larger beyond actual consumption.

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 What’s More

Activity 5: Define Me

Directions: Using the graphic organizer, give your own idea about the five stage of
economic development. Answers must be written on a separate sheet of paper.

Scoring Rubric:
Excellent Very Satisfactory Needs
(4 pts.) Satisfactory (2 pts.) Improvement
(3 pts.) (1 pt.)
1. Knowledge Demonstrates Demonstrates Demonstrates Demonstrates
Understanding thorough considerable some limited
Information and understanding understanding understanding understanding
Ideas of topic or of topic or of topic or of topic or
theme theme theme theme
2. Clarity Communicates Communicates Communicates Communicate
ideas with high ideas with ideas with s ideas with
degree clarity. considerable some clarity. limited clarity
clarity.

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Activity 6: Tell Me Which Country
Directions: Provide at least 2 countries that you think may fall on each stage of
Economic Development. Justify your answers. Answers may be written on a
separate sheet of paper.

Economic Development Stages Country and Explanation

Traditional Society

Transitional Stage

Take Off

Drive to Maturity

High Mass Consumption

Scoring Rubric:
Excellent Very Satisfactory Needs
(4 pts.) Satisfactory (2 pts.) Improvement
(3 pts.) (1 pt.)
1. Knowledge Demonstrates Demonstrates Demonstrates Demonstrates
Understanding thorough considerable some limited
Information and understanding understanding understanding understanding
Ideas of topic or of topic or of topic or of topic or
theme theme theme theme
2. Clarity Communicates Communicates Communicates Communicate
ideas with high ideas with ideas with s ideas with
degree clarity. considerable some clarity. limited clarity
clarity.

Activity 7: Try This One

Directions: If you are going to put up your own business considering the situation
we are facing today, what could it be and why? Describe its form and target
market. Write your answers on a separate sheet of per.

Scoring Rubric:
Content and Development 20
Organization and Structure 15
Grammar/Language 15
Total 50

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__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
_________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
________________________________________________________________________________

What I Have Learned

Congratulations! You’re almost done with this module. Now let’s summarize
what you have learned.

Activity 8: Fill Me Up
Fill in the correct word/s to complete the sentences below. Write your answer on a
separate sheet of paper.
1. Sole proprietorship has unlimited liability. _____________ may proceed not
only against the assets and properties of the business, but also after the
personal properties of the owners.
2. Republic Act _____ is also known as the Philippine Cooperative Code of 2008.
3. Partnership is consists two or more persons who ___________ themselves to
contribute money or industry to a common fund.
4. __________ acts as a general partnership but is clearly for a limited period or
a single project.
5. ______________ divides responsibility for management and liability, as well as
the shares of profit or loss according to their internal agreement.
6. When the preconditions for take-off are met, a society can _________.

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 7. In the age of mass consumption, a society or economy is able to ________
production, bringing in money from other countries that helps the economy
grow larger beyond actual consumption.
8. Drive to maturity is about __________ period between the take-off and the
final stage.
9. Corporation is a ______________ entity established under the Corporation
Code and registered with the SEC.
10. _____________ is an organization established for the purpose of purchasing
and marketing the products of its members.

What I Can Do

Activity 9: Answer Me Please

Directions: Read articles/news about the economic condition of the Philippines.
With the data you have, assess our country in relation to the different economic
development stages. In your own opinion, what particular stage does it belongs?
Justify your answers. Write your answers on a separate sheet of paper.

Scoring Rubric:
Content and Development 20
Organization and Structure 15
Grammar/Language 15
Total 50
__________________________________________________________________________________

__________________________________________________________________________________

__________________________________________________________________________________

__________________________________________________________________________________

____________________________________________________________________________

__________________________________________________________________________________

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 Assessment

Directions: Choose the letter of the best answer. Write the chosen letter on a
separate sheet of paper.

1. What form of business where all partners are responsible for the business
and are subject to unlimited liability for business?
c. Partnership
d. Sole Proprietorship
e. Limited partnership
f. General Partnership

2. Corporation as a separate legal entity must be registered to SEC. What does

the acronym SEC stands for?
g. Securities and Exchange Corporation
h. Security and Exchange Commission
i. Securities and Exchange Commission
j. Security and Exchange Corporation

3. Which of the following describes a business cycle?

a. Inflation sometimes, but not others.
b. Regular growth rate of consumer spending.
c. Periods of increasing and decreasing real GDP.
d. Contraction, recession, and expansion.

4. Which of the following is not an advantage of a corporation?

a. Limited liability
b. Source of capital
c. Ownership transfer
d. Limited potential for growth

5. Which of the following stages of economy reaches maturity and begins the
final stage?
a. Take-Off
b. Traditional Society
c. High Mass Consumption
d. None of the above

6. What form of business is composed of 2-5 members agreed to share capital

to run the business?
a. Cooperative
b. Corporation
c. Partnership
d. Single Proprietorship

23
7. Who developed the Five Stages of Development which all societies go
through?
a. Michael Rostow
b. Moichelle Rostow
c. Walt Whiman Rostow
d. Walt Whitman Rostow

8. Which economic development stage where agriculture becomes

more mechanized and more output is traded?
a. Take Off
b. Traditional Society
c. Transitional Stage
d. High Mass Consumption

9. What is the primary objective of Republic Act 9250?

a. provide optimum social benefits
b. help improve the quality of its members
c. provide goods and services to its members
d. teach members efficient ways of doing things

10. Which of the following does not belong to the group?

a. Age of Mass Consumption
b. Drive to Maturity
c. Take-off
d. Technological Society

11. Which form of business has the highest percentage with regards to number
of firms?
a. Cooperative
b. Corporation
c. Partnership
d. Sole Proprietorship

12. Which stage relied mostly on labor for production and had limited
technology?
a. Take-Off
b. Traditional Society
c. Age of Mass Consumption
d. None of the above

13. Which of the following is not an example of a corporation?

a. Tindahan ni Aleng Nena
b. Coca-Cola Bottlers, Inc.
c. Jollibee Food Corporation
d. Banco De Oro

24
 14. As regards to the percentage of sales, which form of business has the
lowest?
a. Cooperative
b. Corporation
c. Partnership
d. Sole Proprietorship

15. Which of the following is the correct arrangement of the economic

development stages?
i. Drive to Maturity
ii. Transitional Stage
iii. Take-Off
iv. Traditional Society,
v. Age of Mass Consumption,

d. I, II, III, IV, V

e. IV, II, III, I, V
f. III, IV, I, V, II
a. IV, III, II, I, V

Additional Activities

Oh wait, there’s more! Before you are done with this module, finish the last
activity.

Activity 10: Search Me

Directions: Research on the Internet. Choose another Asian country and discuss
how factors in its economic development differ from those in the Philippines.

Scoring Rubric:

Content = 30%
Understanding/Application = 25%
Original Thinking = 25
Structure = 10%
Grammar = 10%
Total = 100%

25
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 27
What's More
ACTIVITY 5
- To be checked using the
Scoring Rubric
What's I Have
ACTIVITY 6
Learned - To be checked using the Assessment
Scoring Rubric
ACTIVITY 8 1. D
1. creditors 2. C
2. RA 9521 ACTIVITY 7 3. C
3. bind - To be checked using the 4. D
Scoring Rubric
4. Joint Venture 5. C
5. General 6. C
Partnership 7. D
6. Take-off 8. C
7. export What's In 9. B
8. 60 year old ACTIVITY 1 10. D
9. juridical - To be checked using the 11. D
[Link] Scoring Rubric 12. A
13. B
ACTIVITY 3
1. C
14. D
2. E 15. B
3. B
What I Know 4. D
5. A
1. D
2. C
3. C What's New
4. D
5. C ACTIVIT 1
What Can I Do 1. Sole
6. C
7. D Proprietorship
ACTIVITY 9
8. C 2. Partnership
To be checked using the
3. Corporation
9. B Scoring Rubric
4. Corporation
10. D 5. Sole
11. D Proprietorship
12. A
13. B ACTIVITY 4
14. D - To be checked using the
15. B Additional Scoring Rubric
Activities
ACTIVITY 10
To be checked using the
Scoring Rubric
Answer Key
References
Printed Materials:

 Ababa, Addis. 2014. Course Module on Principles of Management. CCRDA-

AMBO University Partnership Post Graduate Diploma Program in
Development Management.

 Benowitz, Ellen A. 2001. CliffsQuick Review: Principles of Management.

Hungry Minds, Inc.

 Cabrera, Helena Ma. F., [Link]. 2016. Organization and Management. Vibal
Group, Inc.

 Lation, Clarita C. 1998. Fundamentals of Management. Student Workbook.

First Edition, Rex Bookstore.

 Organization and Management Teachers Manual (2016)

Websites:

 [Link]
d%20notes/BCA-
224%20Principles%20and%20Practice%20Of%[Link]

 [Link]
[Link]

 [Link]/kashanshah5815/organization-and-components-of-
organization?from_action=save

 [Link]/bsetm/chapter-1-introduction-to-management-and-
organizatins?from_action=save

 [Link]
functions/

 [Link]
management/exploring-the-five-dimensions-of-culture/

 [Link]
business/forms-of-business-organization

28
For inquiries or feedback, please write or call:

Department of Education - Bureau of Learning Resources (DepEd-BLR)

Ground Floor, Bonifacio Bldg., DepEd Complex

Meralco Avenue, Pasig City, Philippines 1600

Telefax: (632) 8634-1072; 8634-1054; 8631-4985

Email Address: [Link]@[Link] * [Link]@[Link]