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What affects philippine economic development

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Reference no: EM132835866

Answer the following questions.

1. What affects Philippine economic development?

2. What role does businesses play in our economy?

3. What is meant by the term business? What are the kinds of business?

4. Are government corporations considered business? Why or why not?

5. What are the objectives of business?

6. Which of the following may be classified as business?

a. A tailoring shop

b. A scholarship foundation

c. An ice cream parlor

d. A university owned by the church

e. An agricultural farm

f. A consumer's cooperative

g. A marijuana plantation

h. A firm engaged in the reproduction of VCD movies without license from the original producers

Reference no: EM132835866

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