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Activity 6 Entrep Guyon
Activity 6 Entrep Guyon
Basing from the definition of entrepreneurship cited, write your own definition
of entrepreneurship in one (1) sentence.
Entrepreneurship is the process of making, building and creating a
business, which actually starts as a small business.
In your own words, define who is an entrepreneur.
An entrepreneur is one who organizes, manages and assumes the risks of
an enterprise. An entrepreneur visualizes a business, takes bold decision to
establish undertaking/enterprise. Entrepreneurs are the owners of the
business/enterprise who invest/contribute the capital and bear the risks of
uncertainties during business life.
Why do you think the government added Entrepreneurship subject in
Education especially in Senior High School? Limit answer to 5 sentences only
In Senior High School, not all students are decided on what they want
to do in the future. Being a student, we need guidance and
experience in order for us to decide. The government added
Entrepreneurship subject in education for students to be engaged in
various subject and activities wherein they learn. It is added as a
subject especially in Senior High School since we will be college soon, it
will be a great help for those who wants to build their own business or
be engaged in business. It is also good to learn at an early age which
helps students enhance and develop their skills and talents.
In the entrepreneurial competencies given, choose top 4 most important
competencies that you think an entrepreneur must achieve/have. Justify
your answer
Among the entrepreneurial competencies given, the top 4 most
important competencies that I think an entrepreneur must
achieve/have are are
opportunity-seeker, communicator, flexible, and persistent.
Opportunity-seeker because opportunities are what makes the
business grow and being able to find one or more is good not only for
the entrepreneur but for the business. Communicator because
communication is the key in order to achieve your goals,
communication improves business performance, an entrepreneur who
is a communicator may help in productivity, reduce the potential for
error and facilitate among colleagues. Flexible because with this, you
won’t fear changes that’ll come, being flexible will give you the power
to manipulate a bad situation and use it to your advantage and being
flexible will let you think of the available options. Lastly, persistent, there
are times that things will not go your way or as planned that’s why
being strong physically, mentally, spiritually and emotionally is a must in
order to continue and not give up because of obstacles.
Aside from the entrepreneurial competencies given, give one (1)
competency that you think it must be added. Explain why this competency
must be included.
Aside from the entrepreneurial competences given, one competency
that must be added is confident, reaching goals in business requires
confidence, which means not just being confident about the business
but being also sure about yourself which also means trusting yourself
and it also enhances self-image.
If you are to be an entrepreneur someday, what franchise or start up business
will you be choosing? Briefly discuss why you choose this kind of business why
you choose this kind of business
If I am to be an entrepreneur someday, the franchise or start up
business I will be choosing is a café, a library and musical like café
because. I chose this kind of business because I love cooking,
especially baking because it lets me be creative. I love to be creative,
I want to create and make a lot of things involving food. I like to see
the reactions of people, whether they are happy or satisfied after they
taste what I create or cooked which gives me joy and inspiration to
make more. I based my start up business to the things I love because if
you work on something you love, it’s not work, it’s play.
ALHEA L. GUYON ACTIVITY 3: SEEKING OPPORTUNITY STEM 12-B
Economic factors:
Buguias is primarily an agricultural town. It is one of the leading
producers of highland vegetables, especially carrots, in the
province of Benguet. Most of the vegetables produced in the town
are sold at the La Trinidad Vegetable Trading Post or are marketed
to other parts of the country.
Environmental factors:
During “Ber-months” the temperature starts to get colder.
Climate is observed as well as the natural disasters.
Legal and Ethical factors:
Discrimination law, anti-trust law, copyrights, patents, comsumer
protection, health and safety law, and data protection law.
Every entrepreneur or businessman/woman in Buguias have their
own unique strategy in promoting their business or product seeing
to it that their strategies fit the standards of a wise and fair business.
Demographic factors:
1. Write 2 or more business enterprise you can build from these opportunities
Citizens of Buguias love to relax with coffee or any refreshments especially
when they want to rest, and what I can build from these opportunities is a
Café, it also serves as a medicine of the mind where people can relax
and
2. Which of the following will you most probably enjoy doing?
I probably will enjoy the Café one because I love art and, making food
and drinks require creativity where in the customer will be intrigued and
amazed, and of course appearance is not the only thing that matters, the
taste too and I also love cooking.
3. Use the 12Rs in screening opportunities. Make a checklist.
The location that is best suited for the business is in Abatan, Buguias,
Benguet because it serves as a stopping or resting place for
travelers, farmers and citizens of Buguias. There are also various stalls
and buildings here where people buy and eat. It is an easy to find
place suitable for people who wants to rest, read and do their
homeworks and work.
3. What is the most appropriate price, and the pricing strategies will be used
for the target customers?
Menu
Menu Item Price Menu Item Price
Bundling, as shown in the menu in the espresso part that when you
buy 3 Grande Sizes, you will get it for Php 150, the flavors can vary.
Bundling is attractive to consumers who benefit from a single, value-
oriented purchase of complementary offerings. Bundling helps to
increase efficiencies, thus reducing marketing and distribution cost.
It allows the consumer to look at one single source that offers
several solutions.
Psychological Pricing, the prices of the food in the food section are
shown, these are 29, 39, 49, and 59. When people perceive they are
getting a bargain, are paying a reasonable price for a product or feel
what they are paying offers great value for money, the reaction is innate
and immediate. Psychological pricing is to give the illusion of that
1. What are the raw materials you need in your business venture?
2. What are the equipment and facilities needed in your business?
3. What information and communication technology do you need?
4. How many employee/s do you need? Specify their work
ALHEA L. GUYON ACTIVITY 9: SWOT ANALYSIS STEM 12-B
Title of Business
Strengths Weaknesses
Opportunities Threats
ALHEA L. GUYON ACTIVTY 5: PRODUCT/SERVICE UNIQUENESS STEM 12-B