deck_18387083

Question 1

Describes the business structure, ownership, roles, and financial obligations.

The organization plan provides a detailed description
of the business in terms of the following:
Form of the business organization
1. Form of the business organization
2. Liability of the owner or owners
3. Organizational structure
4. Roles and responsibilities
5. Salary requirements

Answer 1

Organizational Plan

Question 2

Business Organization: Sole proprietorship, partnership, or corporation.

Selection Factors:
1. Capital requirements
2. Liability of owners
3. Management skills
4. Tax implications
5. Government regulations
6. Business nature
7. Need for external financing

Answer 2

Form of the Business Organization

Question 3

means that in the case of business dissolution and there still remains unsettled financial obligation of the business, the creditor cannot go after the personal property o the business owner. The liability of the owner is only up to extent of his/her financial contributions to the business.

Answer 3

limited liability

Question 4

means that the creditors can run after the
personal property of the owner in the event that the business fails to fully settle its financial obligation during business dissolution.

Answer 4

unlimited liability

Question 5

Sets vision, strategy, and major business decisions.

Answer 5

CEO (Chief Executive Officer)

Question 6

Manages daily operations and ensures efficiency.

Answer 6

COO (Chief Operating Officer)

Question 7

Oversees financial planning, budgeting, and risk management.

Answer 7

CFO (Chief Financial Officer)

Question 8

Develops branding, advertising, and customer engagement strategies.

Answer 8

Marketing Manager

Question 9

Implements sales strategies, manages client relationships, and drives revenue growth.

Answer 9

Sales Manager

Question 10

Oversees production, logistics, supply chain, and quality control.

Answer 10

Operations Manager

Question 11

Handles recruitment, employee relations, payroll, and workplace policies.

Answer 11

HR Manager

Question 12

Manages company technology, cybersecurity, and IT infrastructure.

Answer 12

IT Manager

Question 13

Oversees new product design and innovation.

Answer 13

Product Development Manager

Question 14

Ensures excellent customer support.

Answer 14

Customer Service Manager

Question 15

Provides legal guidance and compliance oversight.

Answer 15

Legal Advisor

Question 16

Includes projected monthly/annual salaries and employer contributions to SSS, Pag-ibig, and PhilHealth. Any expected legislative salary adjustments should be disclosed.

Answer 16

Salary Requirements

Question 17

defines the key positions within
the company and outlines their
duties. This helps establish clear
leadership, accountability, and
efficient workflow.

Answer 17

Roles and Responsibilities

Question 18

presents or describes activities related to the
production of goods. the production plan is the result of the industry
analysis, particularly the study of supply and demand and consumer
behavior

Answer 18

production plan

Question 19

The production plan includes the following:

Answer 19

1. Production schedule
2. Production process
3. Processing plant and equipment
4. Sources of material
5. Production cost

Question 20

presents the total number of goods to be produced and the
expected time to produce them.

Answer 20

Production Schedule

Question 21

The total number of units to produce, however, is usually
affected by the following factors:

Answer 21

Demand for the product1.
Availability of resources2.
Capacity of the plant3.

Question 22

The different process or stages involved in the production of goods must be clearly
spelled out in this section, as well as the description of the following:

Answer 22

1. Exact processing procedure
2. Materials, parts, or ingredients required
3. Expected time to process the product

Question 23

describes the manufacturing plant, the machinery
and equipment, and the various tools to be used in the production of goods, including
respective estimated costs.

Answer 23

Processing Plant and Equipment

Question 24

In the selection of the machinery and other equipment, the entrepreneur must consider the following factors:

Answer 24

1. Capacity of the plant or machinery
2. Model of the machinery or equipment
3. Availability of spare parts
4. Cost and terms of payment

Question 25

The possible sources of raw materials and manufacturing supplies must be described in terms of the following:

Answer 25

1. Proximity of the source to the processing plant 2. Payment terms and conditions 3. Discounts and damages 4. Terms of shipment

Question 26

total expenses incurred in the process of manufacturing a product or delivering a service. It includes all direct and indirect costs necessary to create and bring the product to market

Answer 26

Production Cost

Question 27

Expenses directly tied to production, such as raw materials, labor, and manufacturing supplies.

Answer 27

Direct Costs

Question 28

Overhead costs like rent, utilities, equipment depreciation, and administrative expenses.

Answer 28

Indirect Costs

Question 29

Costs that fluctuate with production volume, such as raw materials and per-unit labor wages.

Answer 29

Variable Costs

Question 30

constant expenses like rent and salaries of permanent employees.

Answer 30

Fixed Costs

Question 31

The components or ingredients used to make the product

Answer 31

Raw materials

Question 32

Wages paid to workers involved in production

Answer 32

Labor costs

Question 33

tools and consumables used in production

Answer 33

Manufacturing supplies

Question 34

electricity, water, and maintenance for the production facility.

Answer 34

Factory rent or utilities

Question 35

the loss of value over time of machines used in production.

Answer 35

Depreciation of equipment

Question 36

Salaries of management and staff overseeing production.

Answer 36

Administrative expenses

Question 37

describes the extent of the owner’s financial obligations with creditors. The extent of financial liability can either be limited or unlimited

Answer 37

Liability of the Owner or Owners