Module 2 - Introduction To Business

SELF-PACED LEARNING MODULE
COLLEGE DEPARTMENT
MODULE 2
Subject:
GE10 - BL
GE ELECTIVE - BUSINESS LOGIC
AISAT COLLEGE – DASMARIÑAS, INC.
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Unit GE ELECTIVE - BUSINESS LOGIC
Systems Development and Documentation
Module
Techniques
GE10 - BL GE ELECTIVE - BUSINESS LOGIC Units: 3 Page |2
INFORMATION SHEET PR-2.1.1

“Introduction to Business”
Learning Objectives:
 Define what business is as well as its purpose.
 Identify the types and forms of businesses
 Learn the importance of business logic in the business decision process
Topics to be Discussed:
Definition of Business
1. A business is defined as an organization or enterprising entity engaged in commercial,
industrial, or professional activities.
2. Businesses can be for-profit entities or non-profit organizations.
3. Business types range from limited liability companies, sole proprietorships,
corporations, partnerships, and limited liability companies.
4. There are businesses that run as small operations in a single industry while others are
large operations that are spread across many industries around the world.
Types of Businesses
Many businesses organize themselves around some sort of hierarchy or bureaucracy,
where positions in a company have established roles and responsibilities. The most
common structures include:
Sole proprietorships: owned and operated by a single natural person

Partnerships: a business relationship between two or more people who join forces to
conduct business. Each partner contributes resources and money to the business and
shares in the profits and losses of the business.
Corporations: a business in which a group of people acts together as a single entity.
Owners are commonly referred to as shareholders who exchange consideration for the
corporation's common stock.
SUBJECT TEACHER: APPROVED FOR

IMPLEMENTATION:
MODULE 1st
PRELIM MARJORIE ROSE GUARINO
1 Meeting
Subject Teacher MR. WILBERT A. MAÑUSCA
School Director
Module
Techniques
Business Logic
Business logic is the custom rules or algorithms that handle the exchange of information
between a database and user interface.
Business logic is essentially part of a computer program that contains the information (in
the form of business rules) that defines or constrains how a business operates.
Business logic can be seen in the workflows that they support, such as in sequences or
steps that specify in detail the proper flow of information or data, and therefore decision-
making. Business logic is also known as "domain logic."
Business Logic vs. Business Rules
Business rules are useless without business logic to determine how data is calculated,
changed, and transmitted to users and software. But without business rules to create a
framework, business logic cannot exist.
Business logic is any part of a business enterprise that makes up a system of processes and
procedures, whereas anything else is an example of a business rule.
Logic in business
In the world of competition, it has become crucial to prove something true or false but
reaching the objectives will help in business research and development and assist
managers to make practical decisions. For discovering the objective, it is not rational to set
aside logic.
Businessmen and managers must think critically and objectively that will be their key to
success. Logic is a study to distinguish between correct and incorrect reasoning which is
vital in making various business decisions.
Business persons need to be efficient in developing arguments and bargaining, this helps
the businessmen become wise and make rational decisions while understanding that good
argumentation can help them spot the faulty arguments that are used to manipulate them.
For instance sellers want to sell products that don't actually work or medical products that
are not for the prescribed problem. Hence, they can be spared from the waste of money by
buying such products.

IMPLEMENTATION:
MODULE 1st
1 Meeting
School Director
Module
Techniques

IMPLEMENTATION:
MODULE 1st
1 Meeting
School Director

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SELF-PACED LEARNING MODULE

AISAT COLLEGE – DASMARIÑAS, INC.

INFORMATION SHEET PR-2.1.1

Sole proprietorships: owned and operated by a single natural person

SUBJECT TEACHER: APPROVED FOR

Business Logic vs. Business Rules

SUBJECT TEACHER: APPROVED FOR

SUBJECT TEACHER: APPROVED FOR

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