Wednesday, June 22, 2011

Assignment No. 5

 Felipe L. Gozon -current chief executive and chair of GMA            Network Inc. (GMA 7)




 Ben Chan- owner of Bench apparels (Bench)





 Henry Lim Bon Liong- Sterling Paper Group of Companies

Wednesday, June 15, 2011

Assignment No. 4

1. Vigilance for Opportunities- an entrepreneur is ready to grab business opportunity that opens . Thus making profit at the same time for self fulfillment.

  • Example: Dancing is one of my talent when I was in grade 4, my M.S.E.P teacher asked me to join HES Dancer to compete at different dance contest in Bataan. Without doubt of being the youngest and only girl in the group, I quickly grab the opportunity because I believe opportunity knocks once, and it was meant for me. We won champion in the Juicy Cologne Dance Showdown at Dinalupihan, Bataan and champion also in Sayaw Bataan 2008 at Balanga, Bataan. It was a self fulfillment for all of us.
2.  Commitment to work- an entrepreneur has good reputation and dependable he make his promises promptly.
  • Example: Being a leader of our science group, I see to it that my members can always count on me. I help and accompany them in our research and projects.I keep my promise and do mt tasks completely even though I am sick.In return we were given high grades.
3. Persistence- an entrepreneur is dedicated to his goal to overcome obstacles and accomplish his tasks.
  • Example: When I was hospitalized for a week because of allergy I didn't neglect my school assignments and lecture. I bring my books and my notebooks at my room and do my homework whenever I'm awake. Because my aim is not to loose any lessons and still maintain good grades as well.
4. Willingness to Take Risk- an entrepreneur is ready to face the risks in business and accepts new venture for better products and services.
  • Example: For me a good example of this is my schooling now at RSHS. I take the risk of waking up too early and travelling everyday,but I'm willing to take the risk because I know I will learn a lot from here, and a good preparation for the coming college years.
5. Demand for Efficiency and Quality- an entrepreneur always aim high for quality standard of his product at possible time. Making him the best among competitors.
  • Example: Everytime I make my assignment, and projects at school I always see to it that it is done correct, beautiful and submitted on time. Making my work the best among the rest.
6. Goal Setting- an entrepreneur always sets goal. He is working on it with strong motivation and concrete action.
  • Example: My mother always aim high for my studies. She wants the best education for me. Since my nursery schooling, kinder, preparatory and elementary, she finds the best school for me, she motivated me. She sets her goal for me.
7. Information Seeking- an entrepreneur always seek for new information for his business to improve his services and comply with the needs of his customers.
  • Example:  In making reports, I concentrate not only from the book itself. I use the internet to gather more facts, do visual aids and provide projectors to make my report more interesting and satisfy my teachers and classmates.
8. Systematic Planning and Monitoring- an entrepreneur has an ability to make detailed plans on careful evaluation step by step.

9. Persuasion and Networking- an entrepreneur has an ability to convince people about the merits of the product and induce them to tell others about it.

10. Self-Confidence- an entrepreneur believe in himself, his abilities that he can provide in his business the needs of his costumers with the best.



Explain how having the PEC'S can help you become a successful entrepreneur.

ANSWER:
- Having PEC'S can help me become a successful entrepreneur because PEC'S have the right and positive attitude in approaching in business. PEC'S help overcome problems and build entrepreneurs reputation thus earning clients to patronized products. That's why through PEC'S business leads to success.

Saturday, June 11, 2011

Assignment No. 1

Page 6:
James Characteristics

  • Industrious
  • Hardworking
  • Perseverance
  • Wise spender/ Thrifty
  • Resourceful
Page 8:
Marie's Characteristics
  • Perseverance
  • Hardworking
  • Creative
  • Patient
a. James and Marie both become a successful entrepreneur.
b. James sold newspapers and cigarettes to help pay for his schooling and used his good woodworking talent   
    when he was obliged to work in a furniture company while Marie attended horticulture classes and after              college work as a florist and applied her knowledge and creativity for the company she was working.
c. When Marie decided to take a part time job as a freelancer interior plants consultant.
     -She was very happy.
d. Hardworking and dedication to succeed.

Page 10:

Fisherman-caught fishes and sell them in the market.
Pastry Shop Owner-make bread and sell them.
Computer Shop Owner-do computer work with fee and pc rental.
Farmer-harvest rice and vegetable and sold them in the market.

If i were an entrepreneur, I would be in the hardware business because there is always a demand for construction of houses, buildings, roads and etc.

Assignment No.3

Entrepreneurial competencies
A competence is an underlying characteristic of persons, which results in effective and /or superior performance in a job. A job competence is an underlying characteristics of a person, in that it may be motive ,traits, skills ,aspect of ones self-image a body of knowledge ,set of skills and cluster of appropriate motives/ traits that an individual possess to perform a given task.
The knowledge of entrepreneurial competence has been sharpened over the last 3 decades. The following is a list of major competencies that contribute towards top performance.
1. INITIATIVE: Takes action that goes beyond job requirements or the of the situation.
Does things before being asked or forced to by events.
Acts to extend the business into new areas, products, or service.
2. SEES AND ACTS ON OPPORTINITIES:
Looks for and action on opportunities.
Sees and acts on opportunities (business, educational or personal growth).
Seizes unusual opportunities to obtain financing equipment, land, work space. Or assistance.
3. PERSISTENCE:
Takes repeated action to overcome obstacles that get in the way of reaching goals.
Takes repeated or different action to overcome obstacle.
Takes action in the face of a significant obstacle.
4 INFORMATION SEEKING:
Takes action on own to get information to help reach objectives or clarify problems.
Does personal research on how to provide a product or service.
Consults experts for business or technical advice.
5. CONCERN FOR QUALITY OF WORKS: acts to do things that meet or beat existing standards of excellence.
States a desire to produce work of high quality.
Compares own work or own company’s work favorably to that of others.
COMMITMENT TO WORK CONTRACT: acts to do things that place the highest priority on getting a job completed.
Accepts full responsibility for problems in completing a job for others.
Pitches in with workers or works in their place to get the job done.
Expresses a concern for satisfying the customer.
7.EFFICIENCY ORIENTATION :finds ways to do things faster or with fewer resources or at a lower cost.
Looks for or finds ways to do things faster or at less cost .
Uses information or business tools to improve efficiency.
Expresses concern about costs vs. .benefits of some improvements, change, or course of action.
8.SYSTEMATIC PLANNING: develops and uses logical ,step-by-step plans to reach goals.
Plans by breaking a large task down into sub-tasks.
Develops plans that anticipate obstacles.
Evaluates alternatives.
Takes a logical and systematic approach to activities.
9.PROBLEM SOLVING: identifies new and potentially ideas to reach goals.
Switches to an alternative strategy to reach a goal.
Generates new ideas or innovative solutions.
10.SELF-CONFIDENCE:
Has a strong belief in self and own abilities .
Expresses confidence is own ability to complete a task or meet a challenge.
Sticks to own judgment in the face of opposition or rarely lack of success.
Does something that he says is risky.
11. ASSERTIVENESS: confronts problems and issues with others directly.
Tells others what they have to do .
Reprimands or disciplines those failing to perform as expected.
12. USE OF INFLUENCE STRATEGIES: uses a variety of strategies to influence others.
Acts to develop business contacts.
Uses influential people as agents to accomplish own objectives.
Selectively limits the information given to others.
14.MONITORING:
Develops or uses procedures to ensure that work is completed or that work gets standards or quality.
Personally supervises all aspects of a project.
15. CONCERN FOREMPLOYEE WELFARE:
Takes action to improve the welfare of employees.
Takes positive action in response to employee’s personal concerns.
Express concern about the welfare of employees.
Developing Entrepreneurial competencies:
Entrepreneurial competencies can be developed by understanding what a particular competence when ,someone else exhibits the same.
Having understood a given competence and having been able to recognize the same when someone else exhibits, the next step is to find out where one stands with respects to a given competency.’ SELF RATING QYEWSTIONNAIRE’
May be used to understand one’s level of competencies and those that are not a part of one’s personality but one would like to acquire those competencies and strengthen others. Any new behavior one acquires would basis in various activities.
Having understood a competence and having practiced the same in a given situation, one needs to introspect to find out how one’s “new behavior” or act of exhibiting a competence has been rewarding .greater the benefit , more will be one’s determination to continue exhibiting the competence in a variety of situations.
 

source: IndianStudyChannel.com

Assignment no. 2

In medicine, a prosthesisprosthetic, or prosthetic limb (Greek: πρόσθεσις "addition") is an artificial device extension that replaces a missing body part. It is part of the field ofbiomechatronics, the science of using mechanical devices with human muscleskeleton, andnervous systems to assist or enhance motor control lost by traumadisease, or defect. Prostheses are typically used to replace parts lost by injury (traumatic) or missing from birth (congenital) or to supplement defective body parts. Inside the body, artificial heart valves are in common use with artificial hearts and lungs seeing less common use but under active technology development. Other medical devices and aids that can be considered prosthetics include hearing aidsartificial eyespalatal obturatorgastric bands, and dentures.


Prosthetics are specifically not orthotics, although given certain circumstances a prosthetic might end up performing some or all of the same functionary benefits as an orthotic. Prostheses (or "A" prosthesis) are technically the complete finished item. For instance, a C-Leg knee alone is not a prosthesis, but only a prosthetic part. The complete prosthesis would consist of the stump attachment system - usually a "socket", and all the attachment hardware parts all the way down to and including the foot. Keep this in mind as often nomenclature is interchanged..




source: wikipedia