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APznzaafFeB2_gfWBlomdo-vwIaCzXWzwJ74ZWENYGR_G23zvId6iUwG8rsDDzzYJlha6RZlqLTu9Lng2Xuislk0ATfTgc4jcZJvMP3MAmckytwZ0UEyOZm3BYA_oKEoZ8UL1Gs_qtifrgOJYZq5ucrVpPcHYhSwIFF2ypt-5DhUPHhLcV8aoyCwkxJEA5pK-I7ZLZqae-vKrcuWzbLkAIcyQa

The document outlines different types of businesses, primarily focusing on trading, manufacturing, and service sectors. Trading involves buying and selling goods, with retailing and wholesaling as its main forms, while manufacturing converts raw materials into finished products. Service businesses provide work for others, with examples including beauty parlors and repair shops.

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12 views13 pages

APznzaafFeB2_gfWBlomdo-vwIaCzXWzwJ74ZWENYGR_G23zvId6iUwG8rsDDzzYJlha6RZlqLTu9Lng2Xuislk0ATfTgc4jcZJvMP3MAmckytwZ0UEyOZm3BYA_oKEoZ8UL1Gs_qtifrgOJYZq5ucrVpPcHYhSwIFF2ypt-5DhUPHhLcV8aoyCwkxJEA5pK-I7ZLZqae-vKrcuWzbLkAIcyQa

The document outlines different types of businesses, primarily focusing on trading, manufacturing, and service sectors. Trading involves buying and selling goods, with retailing and wholesaling as its main forms, while manufacturing converts raw materials into finished products. Service businesses provide work for others, with examples including beauty parlors and repair shops.

Uploaded by

deejayrieza30
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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TYPES OF BUSINESSES

Trading or
Merchandising

It is the buying of goods and


selling the same without change
in form.
Trading or
Merchandising

When goods are sold in small quantities,


it is called retailing. When goods are
sold in big quantities or in volume, it is
called wholesaling.
Trading or
Merchandising

The process of buying and selling is


called trading or merchandising. A
common example of retailing is the
“sari-sari” store.
Trading
The most popular non-store trading is
direct marketing. Many individuals start
their taste of business by direct selling.
The seller builds a personal and
continuous relationship with buyers.
Trading
• Many times, the buyers are friends or relatives of
the seller.
• The buyers find it difficult to refuse the offer of a
friend or relative.
• Direct selling activities usually start as a side line
which may eventually mature to full time jobs and
open up to other opportunities.
Manufacturing
It is the process of converting raw materials
into finished products.

a) Raw materials
b) Direct labor
c) Factory overhead
Raw materials
These are what you see in the completed
product.
For example:
• in shoes and handbags
• for books
• for the furniture
Direct labor

It is the work on the raw


materials as it is converted into
finished product.
Factory overhead

It is the resources needed or costs


that need to be paid for in making
products other than the raw
materials and direct labor.
Service business

• Doing work for others.


• Examples of service businesses are
beauty parlors, spas, barber shop,
laundry shops, and repair shop.

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