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Organization and Management 11
Organization and Management 11
SUMMATIVE TEST
GRADE 11 – ORGANIZATION AND MANAGEMENT
First Semester-MIDTERM
Sole Proprietorship
Partnership
Corporation
Instruction: Read the selection and answer the questions below and write your answers
on the space provided.
Jasper, Justin, and Jovert have been close friends since high school, and
even went to college together. All three boys graduated last year; Jasper with a degree
in Computer Science, Justin with a degree in Graphic Design, and Jovert with a degree
in Business Administration. All three are “computer geeks” and have worked part-time
through high school and college fixing computer problems. Each has approximately
P1,000,000 in savings for this business venture. They have been talking about starting
a computer company (3J’s Computer Solutions) in their local town to help businesses
and individuals with computer problems or those who need help developing and
designing web sites. In doing research, Jasper found that there are only two other
computer companies in their town of 100,000 people, and neither one will do both web
design and computer hardware/software troubleshooting.