THE PHILIPPINE ENVIRONMENT FOR ENTREPRENEURSHIP

Question 1

Magna Carta for Small Enterprises

Answer 1

R.A.8289

Question 2

define operating boundaries can carry out their affairs while at the same time
protecting the interest of consumers.

Answer 2

Fair Trade Laws

Question 3

An Act Providing Assistance to Women- Recognizes the special role of women in
developmental and supports women entrepreneurship who are engaged in manufacturing, processing, service and trading business.

Answer 3

R.A. 7882

Question 4

Business Name Registration – protects an enterprise guaranteeing exclusive use of is registered name, goodwill, and patronage that it represents

Answer 4

R.A. 3883

Question 5

reserves the business of direct selling it the ultimate consumer to 100% Filipino owners.

Answer 5

Retail Trade Act of 1954

Question 6

lowering the tariff structure to encourage technology innovations among SME’s by lowering the cost of imported equipment.

Answer 6

E. O.’s 264 & 288

Question 7

Omnibus Investment Code - welcomes private investments whether local or foreign into the Philippine economy. Incentives are given to economically desirable projects listed in the annual
investment priorities plan.

Answer 7

. E. O. 226

Question 8

decentralization of services to the regions and increasing participation of the local government.

Answer 8

Decentralization / Localization