FOR ABM students

1. Types of
Businesses

2. 1.Department
stores
2.Supermarket
3.Specialty
stores
4.Convenience
stores
5.Superstores
6.Factory
outlets
7.Direct selling

3. Carry a wide variety of
product lines, like clothing,
shoes, bags, beauty
products, home furnishing,
and household goods

4. Sell a variety of
food and
household

5. Carry a variety of models for
one kind or limited product lines.
For example, a cell phone store
carries brands like sony,
Samsung, or apple iPhones with
different models for each brand

6. Stores that carry high turnover
goods, 24 hours a day, and 7
days a week. Examples of
convenience stores are 7-Eleven
and MiniStops. The retail prices
of convenience stores are usually
higher than those supermarkets.

7. Larger than supermarkets and
department stores have emerged
Examples:
Savemore, Land mark, Puregold,
and S&R

8. Factory outlets of different
manufactures are grouped
together in one factory outlet mall.
The outlets are located in places
far from the cities. When the
customer goes to the factory-
outlet mall, he will have a variety

9. Direct
SellingDirect selling is one-on-one
selling
One seller approaches a
buyer.
Many times the buyers are

10. Manufacturin
gProcess of converting raw materials
into finished products.
The manufacturer buys the raw
materials.
He makes the raw materials to
finished products by applying direct
labor and factory over head.

11. Manufacturer of shoes or footwear in Marikina
Canned goods manufacturers
Manufacturers of soap and toiletries
Manufacturers of food products
Manufacturers of garments or RTWs
Manufacturers of school and office supplies
Manufacturers of glasswares, silverwares,
chinawares, and kitchenwares
Kinds of
Manufacturers in The
Philippines

12. Operations of a
ManufacturingInput• Purchase
of raw
materials
Process• Processes raw
materials
applying direct
labor factory
overhead
Output
• Sells
finished
goods

13. processing is done manually by the
workers
processing is done through the use
of machinery

14. Manufacturing Cost
or Production Cost
The sum of the costs
of direct materials,
direct labor, and
factory overhead.

15. Elements of
Manufacturin
gDirect Materials
Direct Labor
Factory Overhead

16. pertain to all
materials that form
parts of the finished
product

17. used in
manufacturing a
product which can be
charged directly to

18. Direct elements of cost
incurred to produce a finished
product, which may be in the
form of indirect materials,
indirect labor, or other