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    Advantages and Disadvantages of Entrepreneurship

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    Kevin Jay Mendoza Magboo
    Here are the classifications for the businesses: 12. Computer Rental Shop - Service Business 13. Mercury Drugs - Merchandising Business 14. Sari-Sari Store - Merchandising Business 15. Hardware - Merchandising Business 16. Seven Eleven/7-11 - Merchandising Business 17. Catering Business - Service Business 18. Jac Liner - Manufacturing Business 19. Samsung - Manufacturing Business 20. Dental Clinic - Service Business

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    Advantages and Disadvantages of Entrepreneurship

    Uploaded by

    Kevin Jay Mendoza Magboo
    740 views56 pages
    Here are the classifications for the businesses: 12. Computer Rental Shop - Service Business 13. Mercury Drugs - Merchandising Business 14. Sari-Sari Store - Merchandising Business 15. Hardware - Merchandising Business 16. Seven Eleven/7-11 - Merchandising Business 17. Catering Business - Service Business 18. Jac Liner - Manufacturing Business 19. Samsung - Manufacturing Business 20. Dental Clinic - Service Business

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    Advantages and disadvantages of entrepreneurship.pptx

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    Here are the classifications for the businesses: 12. Computer Rental Shop - Service Business 13. Mercury Drugs - Merchandising Business 14. Sari-Sari Store - Merchandising Business 15. Hardware - Merchandising Business 16. Seven Eleven/7-11 - Merchandising Business 17. Catering Business - Service Business 18. Jac Liner - Manufacturing Business 19. Samsung - Manufacturing Business 20. Dental Clinic - Service Business

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    740 views56 pages

    Advantages and Disadvantages of Entrepreneurship

    Uploaded by

    Kevin Jay Mendoza Magboo
    Here are the classifications for the businesses: 12. Computer Rental Shop - Service Business 13. Mercury Drugs - Merchandising Business 14. Sari-Sari Store - Merchandising Business 15. Hardware - Merchandising Business 16. Seven Eleven/7-11 - Merchandising Business 17. Catering Business - Service Business 18. Jac Liner - Manufacturing Business 19. Samsung - Manufacturing Business 20. Dental Clinic - Service Business

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 56

    A D VA NTA G ES A ND

    D I SA D VANT A GE S OF
    E NTREP RENE U RS HI P
    ADVANTAGES OF ENTREPRENEURSHIP

    • You get to be the person pulling all the


    strings.
    ADVANTAGES OF ENTREPRENEURSHIP

    • It gives you an opportunity to discover


    your true self.
    ADVANTAGES OF ENTREPRENEURSHIP

    • You get to become your own boss.


    ADVANTAGES OF ENTREPRENEURSHIP

    • It is exciting to work in the world of


    entrepreneurship.
    ADVANTAGES OF ENTREPRENEURSHIP

    • You are not limited by anything as an


    entrepreneur.
    ADVANTAGES OF ENTREPRENEURSHIP

    • It offers an atmosphere of
    independence.
    ADVANTAGES OF ENTREPRENEURSHIP

    • You earn a rational salary in the world


    of entrepreneurship.
    ADVANTAGES OF ENTREPRENEURSHIP

    • You have an opportunity to get to know


    your community better.
    ADVANTAGES OF ENTREPRENEURSHIP

    • You have much more excitement in


    your life.

    *
    DISADVANTAGES OF
    ENTREPRENEURSHIP
    • You are going to work harder than you
    can ever remember.
    DISADVANTAGES OF
    ENTREPRENEURSHIP
    • It does not offer a guarantee of
    payment.
    DISADVANTAGES OF
    ENTREPRENEURSHIP
    • You must have your leadership skills
    firing on all cylinders.
    DISADVANTAGES OF
    ENTREPRENEURSHIP
    • It takes time to earn a return as an
    entrepreneur.
    DISADVANTAGES OF
    ENTREPRENEURSHIP
    • You will discover more stress in the
    world of entrepreneurship than
    anywhere else.
    DISADVANTAGES OF
    ENTREPRENEURSHIP
    • It requires you to pay that pesky self-
    employment tax.
    DISADVANTAGES OF
    ENTREPRENEURSHIP
    • You will likely need to raise your own
    funding.
    DISADVANTAGES OF
    ENTREPRENEURSHIP
    • It still requires you to report to your
    customers and investors.
    ASSIGNMENT

    • Give three sample of Business for Each type of


    Business.
    1. Service Business
    2. Merchandising Business
    3. Manufacturing Business
    THREE MAJOR TYPES OF BUSINESS

    • 1. Service Business
    • A service type of business provides intangible
    products.
    • Service type firms offer professional skills,
    expertise, advice, and other similar products.
    THREE MAJOR TYPES OF BUSINESS
    • 2. Merchandising Business
    • This type of business buys products at
    wholesale price and sells the same at retail
    price. They are known as "buy and sell"
    businesses.
    • A merchandising business sells a product
    without changing its form.
    THREE MAJOR TYPES OF BUSINESS
    • 3. Manufacturing Business
    • Unlike a merchandising business, a
    manufacturing business buys products with
    the intention of using them as materials in
    making a new product.
    ACTIVITY 1. IDENTIFY IF IT IS
    SERVICE, MANUFACTURING OR
    MERCHANDISING BUSINESS.
    QUIZ NO. 1 THIRD QUARTER

    Write ADV if it is advantage and DAV if it is


    disadvantage.
    1. You will discover more stress in the
    world of entrepreneurship than
    anywhere else.
    2. You are not limited by anything as
    an entrepreneur.
    3. You earn a rational salary in the
    world of entrepreneurship.
    4. It does not offer a guarantee of
    payment.
    5. You will likely need to raise your
    own funding.
    6. You get to be the person pulling all
    the strings.
    7. It requires you to pay that pesky
    self-employment tax.
    8. You have an opportunity to get to
    know your community better.
    IDENTIFICATION

    •Identify what the following


    phrases/statements are.
    9. It offers professional skills,
    expertise, advice.
    10. A business where there is a
    transformation of the products
    purchased.
    11. A business where the
    owner/company sells a product
    without changing its form.
    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    12. Computer Rental Shop.


    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    13. Mercury Drugs


    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    14. Sari-Sari Store


    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    15. Hardware
    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    16. Seven Eleven/ 7/11


    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    17. Catering Business


    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    18. Jac Liner


    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    19. Samsung
    CLASSIFY IF IT IS MANUFACTURING,
    SERVICE, OR MERCHANDISING BUSINESS.

    20. Dental Clinic

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