University of the EAST- Caloocan

College of Engineering
Civil Engineering

Name: Date: November 23, 2018

Student Number: Course and Section: NCE 526 – 2CE

Instructor: Engr. Reyman Solas Time and Room: MWF 16:00 – 17:00 / EN 425

Requirement: ( ) Research (/) Exercise ( ) Quiz ( ) EXAM

Requirement Number/Description: (1) (2) (3) (4)(5)(6) (Prelim) (Midterm) (Pre-FINALS) (FINALS)

PLEDGE OF HONOR

“I pledge that I will maintain the honor, integrity, and dignity of the profession by not cheating in this
requirement. I will never ask, give or make way for unpermitted aid in this requirement for whatever
means.”

Signature of the Student

EXERCISE NO. 1

I. Fill in the blanks

1. Small business may be defined through the market share approach or the TOTAL ASSETS
approach.
2. INDEPENDENTLY OWNED means ownership is by a private individual, a partnership, or a
corporation.
3. A MANUFACTURING BUSINESS is a business involved in the conversation of raw
materials into products needed by society.
4. PERSONAL SERVICE are types of service businesses that provide service to the person.
5. RETAILING refers to all activities involved in the sale of goods or services to the final
consumer.
6. To improve his economic standing, an individual could choose to be an employee, a
professional, or BE A SMALL BUSINESS OPERATOR (SBO) .
7. If the small business succeeds, all profit accrue to the OWNER .
8. The income of the employee is certain while that of the SBO is NOT PROVIDE THE
ASSURANCE OF INCOME .
9. The SBO is afforded the opportunity to gain control over his OWN DESTINY .
10. Small business is characterized by independent management which means the OWNER is
also the manager.
 University of the EAST- Caloocan
College of Engineering
Civil Engineering

II. Fill in the blanks before each item in column A with the corresponding letters in column B.

A B

H 1. Small business A. Be a business operator

G 2. Market share approach B. Opportunity to make a contribution to

society

I 3. Manufacturing business C. Having to serve undesirable customers

D 4. Wholesaling D. For people who do not feel comfortable

as employees

A 5. An option to improve a person’s economic E. Small business employees

lot.

B 6.Benefit of small business operation F. All profits accrue to the owner

C 7. Disadvantage of small business operation G. Small business is one which is

independently owned

J 8. Engaging in small business operation H. Most new ventures

E 9. A large proportion of the small labor force I. bakeries, shops, restaurants, furniture
shops, among others

F 10. If the small business succeeds J. Activities of persons which sell to

retailers and other merchants