

 Application:

Name: Marcelino L Maguen Jr

Year/Section:3D

Direction:
Choose one tourism or hospitality business idea and explain why do you want to
engage in it?

Food and Bevarages business

(Restaurant)

I want to engage with restaurant business because there are to many benefits
like, Supporting Local Economies. As a restaurant owner, it never hurts to
support your local economy. You not only keep your money local, but you
also foster relationships with other business people in your neighborhood. It’s
Never a bad idea. To even contemplate entering the restaurant business, you
must have a passion for it. With potentially long hours, sacrifices and risks,
entering the restaurant business is not for the faint-hearted. Your love for
what you do, and wanting to provide your customers with the very best
experience each time they enter your building, can allow you to build a long-
lasting business. If you like making decisions and are confident that you can
lead your team to help you achieve success, you have nothing to lose but
everything to gain.

Assessment:

Name: ______________________________________________________ Date: ____________

Year/Section: ________________________________________ Score/Grade: ______________

Direction:
Explain briefly the following question.
1. Do you think the assistance programs of the Government are efficient and
effective in the promotion of entrepreneurship in the country today?
Nope it is not effective today because too many entrepreneur get bankrupt because of the COVID 19
pandemic, In the face of the global COVID-19 pandemic, entrepreneurs have to face a new reality: that it
is not only a huge sanitary and health crisis affecting millions, or even billions, of people across the
world. This is also provoking an unprecedented downturn in the global economy. Although there are
some assistance it is not enough because more limited travel of goods and people, notably business
travelers (more remote working and remote meetings) due to the impact of physical distancing
requirements. We must factor in future sanitary crises or even new wars due to global overcrowding.
Governments must, and will, demand to be independent and autonomous with regard to critical medical
supplies and medicines. We can learn how Korea, Singapore, and Taiwan have rapidly contained COVID-
19, but their populations are ready to accept personal tracking and facial recognition technologies which
are not yet acceptable in other societies. A world less open and, probably, less free is to be expected.
With virus containment likely to persist in many parts of the globe, we’ll see for sure new ways of life
producing new needs, which will in turn create new opportunities for entrepreneurs. Some new
business models, new offers around dematerialization, will have to be invented.