Contemporary Economic Issues Affecting the Filipino Entrepreneur

Question 1

What is a proof of ownership of a certain portion of the corporation, and you are entitled to a percentage shares of all its gains and losses?

Answer 1

Stocks

Question 2

What is an amount paid regularly at a particular rate for the payment of borrowed capital?

Answer 2

Interest

Question 3

is a product that people buy with the hope of that they will be beneficial or will generate income in the future.

Answer 3

Investment

Question 4

Two Classification of Investment

Answer 4

1. Short-term
2. Long-term

Question 5

marketable securities also known or as temporary investments, are financial investments that can easily be converted to cash, typically within 5 years. Many _____-____ ___________ are sold or converted to cash after a period of only 3-12 months. (INVESTOPEDIA)

Answer 5

Short-term Investment

Question 6

includes buying of property and plan to resell them if the value increase, other buy stocks and bonds if keep these assets for more than one year.

Answer 6

Long-term Investment

Question 7

is a place where traders can buy and sell stocks.

Answer 7

Philippine Stock Exchange

Question 8

is a proof of ownership of a certain portion of the corporation and you are entitled to a percentage shares of all its gains and losses.

Answer 8

Stocks

Question 9

You may also invest in _____ where a company directly borrow money from you in exchange for an interest.

Answer 9

Bonds

Question 10

is the amount paid regularly at a particular rate for the payment of borrowed capital for the rate of 6% per annum as per BSP in the absence of any stipulation in the contract. (Refer to Bangko Sentral ng Pilipinas Monetary Board Resolution 796, dated May 16, 2013, the pertinent portion of which reads: “Section 1. The rate of interest for the loan or forbearance of any money, goods or credits and the rate allowed in judgments, in the absence of an express contract as to such rate of interest, shall be six percent (6%) per annum.)

Answer 10

Interest

Question 11

is the payment for the use of land belonging to the landowner.

Answer 11

Rent

Question 12

What is an amount of money that is paid to workers based on the number of hours?

Answer 12

Wages

Question 13

What is the term used for the amount that is paid to workers on a fixed rate based on agreed rate of both by employee and employer?

Answer 13

Salaries

Question 14

What is the amount collected by the government allocated for government expenditures to improve the service to the people?

Answer 14

Taxes

Question 15

The word ____ is derived from an abridged version of the phrase “end of contract”. ____ is also sometimes referred to “5-5-5”, referring to the number of months until a non-regular employee’s termination or end of contract

Answer 15

Endo

Question 16

Effects of High Taxes on Business

Answer 16

1.Inadequate Income
2.Low Wages
3.High Prices
4. Substandard Products
5. Product Unavailability and Continuation
6. Poverty and High Crime

Question 17

workers feel the greater part of this burden.

Answer 17

1.Inadequate Income

Question 18

so many taxes that the employee cannot pay good wages.

Answer 18

2.Low Wages

Question 19

have to raise prices of the product to pay taxes.

Answer 19

3.High Prices

Question 20

more money spend in paying multiple taxes than spend to improve the quality of the product.

Answer 20

4. Substandard Products

Question 21

Property taxes make the business to have a second though in stocking products with lower quantities.

Answer 21

5. Product Unavailability and Continuation

Question 22

many people unable to find jobs and commit crimes that makes businesses feel unsecured.

Answer 22

6. Poverty and High Crime

Question 23

The Tax Reform for Acceleration and Inclusion (TRAIN) Act, officially cited as Republic Act No. 10963, is the initial package of the Comprehensive Tax Reform Program (CTRP) signed into law by President Rodrigo Duterte on December 19, 2017.

Answer 23

The TRAIN law

Question 24

Which term refers to a short-term employment practice in the Philippines?

Answer 24

Endo

Question 25

What is the acronym T.R.A.I.N Act stands for which is signed into law by President Rodrigo Duterte?

Answer 25

Tax Reform for Acceleration and Inclusion

Question 26

What is the term use for the amount paid by a tenant to the owner of the possession?

Answer 26

Rent

Question 27

Where is the place where traders can buy and sell shares for investment?

Answer 27

Philippine Stock Exchange

Question 28

What is an amount paid regularly at a particular rate for the payment of borrowed capital?

Answer 28

Interest