ENTREPRENUER LESSON 1 QUARTER 1 PPTl.pptx

Entreprenuer

1. Unit 1: Understanding the Concept of Entrepreneurship Lesson 1 Entrepreneurship: Overview and Concepts

2. What is Entrepreneurship? Do you want to be an entrepreneur? ‹#›

3. E xplain the key concepts of common competencies in entrepreneurship. ‹#› ‹#›

4. Who are the entrepreneurs around you? ‹#›

5. C an you name some of the most successful entrepreneurs in the country? ‹#›

6. Entrepreneur An entrepreneur is a person who creates unique ideas that will be useful for starting a business. ‹#›

7. Entrepreneurship the science of converting processed ideas into a remarkable business venture ‹#›

8. Why study Entrepreneurship? ‹#›

9. Usefulness of the Course to the Students It develops skills that will be needed in starting up a business. It enhances knowledge on how to operate business. It demonstrates how to manage a business. Learners consider becoming an employer rather than an employee. ‹#›

10. Usefulness of the Course to the Students Learners change their attitude towards the course as a means of living. Learners change in personal and career attitudes such as communication, problem-solving, collaboration, motivation, creativity, and teamwork. ‹#›

11. Importance of Entrepreneurship Education ‹#› key economic driver increase the level of knowledge, competence and improve the quality of life alternative career path

12. ‹#› Can you think of other importance of Entrepreneurship Education aside from those already mentioned?

13. Competencies are considered as the capability, capacity and ability of the learner in handling situations in various areas in business operations such as in marketing, management, production, and finance. Entrepreneurship Common Competencies ‹#›

14. What are the common entrepreneurial competencies? ‹#›

15. Specific Goal Setting Self-Efficacy Need for Achievement Ambition Willingness to Learn Adaptability and Flexibility Willingness to Take Risk Interpersonal Skills Entrepreneurship Common Competencies ‹#› ‹#›

16. Integrity Competencies For Entrepreneurial Success ‹#› ‹#› Competency An entrepreneur knows what is good and right. Do what is best for everyone and do not act without thinking. Example

17. Conceptual Thinking Competencies For Entrepreneurial Success ‹#› ‹#› Competency Review outcome projects in order to understand where problems occurred. Check the impact of the proposed solution to both customers and employees. Example

18. Strategic Thinking Competencies For Entrepreneurial Success ‹#› ‹#› Competency An entrepreneur finds ways to do things faster or at less costs. Example

19. Decisiveness Competencies For Entrepreneurial Success ‹#› ‹#› Competency An entrepreneur switches to an alternative strategy to reach a goal. It generates new ideas and innovative solutions. . Example

20. Customer Relations Service Competencies For Entrepreneurial Success ‹#› ‹#› Competency A good entrepreneur knows what his or her customer needs in order to satisfy them and have a long term relationship. Example

21. Risk-taking Collaboration Commercial Aptitude Optimism People-centered Competencies For Entrepreneurial Success ‹#› ‹#› Other Competencies

22. ‹#› The common competencies are the skills you need in starting a business. On the other hand, the 10 competencies discussed are the skills that you need to be a successful entrepreneur.

23. Individual Activity Do you have what it takes to be an entrepreneur? Answer the questionnaire in the Extend part of the study guide. ‹#›

24. Questions Part A. What are the qualities that you possess as an entrepreneurship student? Give at least 5 qualities and explain each. Among those qualities, rank them with 1 as the highest and 5 as the weakest quality. What are the benefits of studying entrepreneurship to students? ‹#›

25. Questions What entrepreneurial competencies do you need to have to become a successful entrepreneur? What is the difference between a businessman and an entrepreneur? ‹#›

26. Questions Part B. You saw your classmate who was inside the faculty room alone using your teacher’s computer. Your teacher never allows anyone to be in the faculty room unattended. Your classmate looked up, saw you and knew you saw him. A few days later, it was found out that confidential files have been lost and everyone is being questioned. Should you reveal what you saw? Which is a better example of integrity: being honest or being loyal to a friend? ‹#›

27. Questions A sales staff is having difficulty assisting a foreign customer because he cannot speak English fluently. It was seen by the manager. What should the manager do? All finance staff have a meeting with suppliers at 9:00 in the morning. Because of an accident on the road, it causes traffic and it is the reason why you came late. If you were the staff, what competency of entrepreneur you should have in order to conquer the scenario? ‹#›

28. ‹#› An entrepreneur is a person who creates unique ideas that will be useful for starting a business. Entrepreneurship is the science of converting processed ideas into a remarkable business venture.

29. ‹#› A businessman starts the business with an existing idea or concept, while an entrepreneur starts the business from his own idea or concept.

30. ‹#›

31. Amit_selp. “Entrepreneurial Competencies.” Docuri. Accessed March 3, 2020. https://docuri.com/download/entrepreneurial-competencies_5 9 ae47b2f581710a6200ff25_pdf#modals . Dollingner, Marc. Entrepreneurship: Strategies and Resources 3rd Edition. New Jersey: Prentice Hall, 2003. Kotler, Philip & Gordon McDougall. Marketing Essentials . Prentice-Hall Canada Inc., 1985. Peters, Michael & Robert Hisrich. Entrepreneurship 4th Edition. McGraw-Hill Book Co., 1999. Seth, Shobhit. “ 5 Characteristics of Successful Entrepreneurs.” Investopedia. Accessed March 3, 2020 . https://www.investopedia.com/articles/personal-finance/101014/10-characteristics-successful-entrepreneurs.asp . ‹#›