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    Kinelyn Baguio
    - Angie and Ramon started a business selling books and school supplies before the COVID-19 pandemic, pooling $30,000 in savings. Their business grew until the pandemic hit. - When in-person classes were suspended due to the pandemic, they supplemented their income by selling face masks, face shields, gardening tools, and other merchandise. They also took on bulk orders from larger clients. - The flexibility of their business operations helped them weather the economic hardships of the pandemic and allowed them to continue expanding their business.

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    Kinelyn Baguio
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    - Angie and Ramon started a business selling books and school supplies before the COVID-19 pandemic, pooling $30,000 in savings. Their business grew until the pandemic hit. - When in-person classes were suspended due to the pandemic, they supplemented their income by selling face masks, face shields, gardening tools, and other merchandise. They also took on bulk orders from larger clients. - The flexibility of their business operations helped them weather the economic hardships of the pandemic and allowed them to continue expanding their business.

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    - Angie and Ramon started a business selling books and school supplies before the COVID-19 pandemic, pooling $30,000 in savings. Their business grew until the pandemic hit. - When in-person classes were suspended due to the pandemic, they supplemented their income by selling face masks, face shields, gardening tools, and other merchandise. They also took on bulk orders from larger clients. - The flexibility of their business operations helped them weather the economic hardships of the pandemic and allowed them to continue expanding their business.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    49 views3 pages

    Back To Essay ListESSSAY

    Uploaded by

    Kinelyn Baguio
    - Angie and Ramon started a business selling books and school supplies before the COVID-19 pandemic, pooling $30,000 in savings. Their business grew until the pandemic hit. - When in-person classes were suspended due to the pandemic, they supplemented their income by selling face masks, face shields, gardening tools, and other merchandise. They also took on bulk orders from larger clients. - The flexibility of their business operations helped them weather the economic hardships of the pandemic and allowed them to continue expanding their business.

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    © All Rights Reserved
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    Reminder: Write your answer in yellow paper and attach the image below.

    Wife and husband Angie and Ramon launched their business of selling books
    and school materials to children before the COVID-19 pandemic. They pooled
    their savings to raise a capital of ₱30,000, and the value of their business has
    grown ever since.
    When the pandemic hit and face-to-face classes were suspended, they
    supplemented their income by selling face masks, face shields, gardening tools,
    and other merchandise. They also started to supply bulk orders to more
    prominent clients.
    The flexibility of their business operations helped them weather the economic
    hardships caused by the pandemic and allowed them to expand their business
    continuously. For Angie and Ramon, the time-honored custom of taking a
    hands-on approach to business is the key to success.

    1. What type of business did they establish? Explain your answer. 5pts.
    Answer: The type of business they established is merchandising business
    because Angie and Ramon launched their business of selling books which
    offers tangible goods to customers and reselling their products to the school
    for the benefit of the children in order to gain profit. But when the pandemic
    hit they decided to change a product to sell which is face masks, face shields,
    gardening tools, and other merchandise but it is still part of merchandising
    business.
    2. What form of business organization did they start with? Explain your
    answer. 5pts.
    Answer: It is a form of business partnership because angie and ramon is a
    wife and husband who decided to be a partner in their own business which is
    they pooled their savings to raise a capital of 30,000 to open their business.
    And the advantageous for it is they can collaborate and share resources to
    each other closely.

    3. If they had started to produce their own products, what type of business
    would they have been engaged in? Explain your answer. 10pts.

    Answer: They are both choosing merchandising business and moving forward
    for their own business but different products. Angie still managing and selling
    face masks, face shields, gardening tools and other merchandise and she
    continue expand the business in her own. While his husband ( Ramon ) open
    his own business which is appliance center because he loves it and he
    pursuing his dream to have those business that he can handle in his own
    way.

    4. Suppose they maintained their business structure in No. 3, if a client had


    filed a case against their business for breach of contract, who would have been
    legally responsible to respond? Explain your answer. 10pts.
    Answer: Based on the no.3, the unexpected problem occured between the
    owner and the client. If a client had filed a case against their business for
    breach of contact. Who would have been legally responsible to respond? The
    responsible for that problem is the owner because no one can complain if
    there is no problem on the service or the products’ sell or delivered. It must
    be the owner facing those problems and admit their mistakes because
    customer is always right. I don't exactly agree that saying but for me as the
    owner we need to face those problems so that the products we sell is in good
    condition to the client. At the same time the image of the business and the
    name of the owner is good to the eyes of the clients. So that the business is
    still their and more blessings to come.

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