Raychel is requesting your help!

What business would you engage in if you were given an inheritance of 5 million pesos today? Why? How would you minimize the risks? If I were given an inheritance of 5 million pesos , I will be engage in leasing services to render services to the students, workers and families who need to lodge. Why? Because it is a good business to be engaged with for the reason that I can produce an additional profit while I am working. I will minimize the risks by being competitive and by ensuring that the house and rooms are well-cleaned, well-ventilated, no leaks, o clog sinks, and comfortable to live at.I will also build an apartment near the school and near in the workplaces. 2. Specify five objectives you would like to attain for yourself in this class by the end of the school year. Are these objectives measurable? 1 . Learn new things, ideas, theories and many more. 2. Learn how to manage organization or a business efficiently and effectively. 3. Right decision making in various situations a nd risks it may take. 4. To make an appropriate plan on a certain business or an organization I will be engage. To know how to be competitive despite of all the risks and challenges in the field of business. These objectives are measurable through conducting tests to know whether I learn or not. 3. Describe the present business environment in the country today. Use various sources and references: newspaper articles, magazine reports, official government announcements, bank statements, etc. Is the environment conducive to business? Why? The business environment today is very appropriate for the business owners but other businesses are too competitive.They are using different kind of advertisements like different banks of today. BAD says â€Å"we find ways†. While the department of tourism said â€Å"It's more fun in the Philippines†. It is very conducive to the business because Philippines is one of the appropriate place to build a business because of the weather and th e chances and opportunities 4. Do a survey of your neighborhood. Form a team among your classmates. What are the most common businesses? What other business can be set up? Why? What are the risks involved in setting up a new business in your neighborhood?The most common businesses are trading or merchandising business and the other common business are computer shops. The other business can be set up is rental service or leasing service. Why? Because there are lot of people who need space for lodging because the place is near in school, market, and church. So it is so desirable to built the business. The risks involve are the other competitive business of the same field. The security of payments of the boarders and how can, the owner encourages the people to lodge in the house he/she offers.