Republic of the Philippines

ONE CAINTA COLLEGE

ROTC – Hunters Road, Barangay San Juan, Cainta, Rizal

Flores, Cedric Andrei P

21-BSE-2M

Module 3
Activities
Look or research five (5) micro, small, and medium businesses in your
area and find out the effects of their businesses in your community.
 All business that
Assignment
Research: Factors of enabling and disabling Entrepreneurship
1. Discuss and explain each factor, what are their impact to the economy of
the
Philippines.
 Entrepreneurs in the Philippines are driven by necessity given
the high unemployment rate and few job opportunities in the country.
Entrepreneurship is seen by the Philippine society as a reliable means
to improve one’s economic and social standing. This social and
cultural orientation serves as one of the major drivers promoting
entrepreneurship.
2. Explain some common personal characteristics/attributes of the
entrepreneurs today.Which of these do you consider more observable among
Filipino entrepreneurs?
 There are many reasons as to why there are successful entrepreneurs
in the Philippines. Being an entrepreneur does not only rely on the
knowledge that a person knows in running a business. Its
characteristics and qualities are also one of the main reasons why they
succeed. An entrepreneur must be able to develop and manage the
company that implements his or her idea. Being
an entrepreneur requires special drive, perseverance, passion, and a
spirit of adventure, in addition to managerial and technical ability.

3. What are the elements that stimulate entrepreneurship within the

Philippines?
 There are factors that stimulates entrepreneurship in the Philippines,
including Economic Development, Culture, Technological Development, and
Education. As a developing country that strives improvement, these factors
are notable points why entrepreneurship is emerging in the Philippines.
"Entrepreneurship is the catalyst for change."
Assessment
Short Quiz: Write T if the statement is true and F if the statement is false.
TRUE 1. Entrepreneurs regularly nurture ventures by other like-minded
individuals.
TRUE 2. Through offering unique goods and services, entrepreneurs break
away from tradition and increase dependence on obsolete systems and
technologies.
TRUE 3. Infrastructure development organizations and even real estate
companies capitalized on this growth as workers migrated to cities where
employment was growing.
FALSE 4. Entrepreneurship is not important in promoting social change to
driving innovation.
TRUE 5. New products and services created by entrepreneurs can produce a
cascading effect.

Short Quiz: Write T if the statement is true and F if the statement is false.
TRUE 1. Entrepreneurs regularly nurture ventures by other like-minded
individuals.
TRUE 2. Through offering unique goods and services, entrepreneurs break
away from tradition and increase dependence on obsolete systems and
technologies.
TRUE 3. Infrastructure development organizations and even real estate
companies capitalized on this growth as workers migrated to cities where
employment was growing.
FALSE 4. Entrepreneurship is not important in promoting social change to
driving innovation.
TRUE 5. New products and services created by entrepreneurs can produce a
cascading effect.
TRUE 6. Economy wise, higher earnings thanks to entrepreneurship can help
boost national income and tax revenue.
TRUE 7. Entrepreneurs also help drive change with innovation, where new
and improved products enable new markets to be developed.
TRUE 8. The entrepreneur is in a position to misunderstood the commercial
capacity of the invention and organize the capital, talent, and other sources
that flip an invention right into a commercially possible innovation.
TRUE 9. Profitability is an example of internal enabling factor.
TRUE 10. There are 2 enabling factors, inside and outside .

Module 4
Activities
1. Choose any business in your community. Evaluate and plan courses of
action to help them develop their entrepreneurial characteristics and
competencies.
I choose the laundry business here in marick, Because as I observed many
laundries are open from early in the morning (7-9 a.m.) until late at night (10-
11 p.m.), but this may not be the most convenient timetable for your clients.
Consider keeping open 24 hours a day if you live in a location with a lot of
third-shift workers, college students, or just plain night owls. They have to put
limitations on the laundry that they’re accepting because it might gonna
breakdown but if they want to have a lot of customer they should add another
machines.
2. Using the back issues of any newspaper Business part (internet website),
choose two stories of Filipino entrepreneurs who are examples of people who
became successful because of what they learned from their business failures.
Henry Sy, Shoe Mart
SM is more than just a shopping mall. It is a beloved institution. Many of my
favorite memories happened in SM. From shopping, watching blockbuster
movies, date night, ice skating to food tripping, SM has it all.

However, this gigantic chain of more than 44 large-scale shopping centers in

the Philippines and throughout Asia has very humble beginnings.

Henry Sy came from an impoverished family in Jinjiang, a town near Xiamen,

China. The entire family left China in 1936 to help the family patriarch manage
a thriving convenience store in Manila.

Unfortunately for the family, their store was burned down during World War II.
However, business-minded Henry saw an opportunity selling used military
combat boots and other postwar goods from supportive American soldiers!

His success led to the opening of his first shoe store, the SM in Avenida,
Manila. Henry had problems finding shoe manufacturers who could design
shoes according to what he had in mind, but he persisted. He spoke to
customers and built his own network of suppliers and manufacturers.

That never-say-die attitude got Henry Sy to where he is now: one of the

richest men in the world and a world-class commercial center developer who
provides opportunities to both entrepreneurs and the working class!

 Tony Tan Caktiong, Jollibee

If you thought you only loved The Champ and Chicken Joy, then be prepared
to be inspired by the man behind the franchise.

Also coming from an immigrant family from China, Tony learned the value of
hard work and dedication from his father who worked as a cook in a Buddhist
temple. Tony’s father started a Chinese restaurant in Manila with his savings
so he can send him to college.

In 1975, Tony bought a Magnolia ice cream parlor. However, it was not
generating enough business. After talking with his customers and people
within the neighborhood, Tony decided to include sandwiches, fried chicken,
and French fries in the menu. In time, the restaurant found itself packed to
overflowing capacity.

By 1978, Tony had opened six more restaurants, but the main item was no
longer ice cream. Tony then decided to adapt the McDonald’s concept and
named his franchise after his work ethic of being as “busy as a bee.”

Today Jollibee has grown to more than 2,500 stores in the Philippines plus
locations in the US, China, Saudi Arabia, Vietnam, Singapore, and Brunei.
Assignment
1. Cite a Filipino entrepreneur who possesses the characteristics presented.
The filipino entreprenuer that I choose is  TONY TAN CAKTIONG. His
business possesses all the chraceristic of being entreprenuer and
competencies. he is the owner of jollibee and Jollibee was formerly selling
Magnolia Ice Cream, then it was recognized as selling chicken and burger.
Tony Tan Caktiong, the president and CEO of Jollibee, was a name to
remember, not only here in the Philippines but also in other parts of the
country, like in US, Hongkong, China, Indonesia, and Japan.  He had received
several awards in the business and the likes. The success of Jollibee
according to Mr. Caktiong is sharing to people what they had achieved. 
Jollibee had been known to be a happy and hardworking insect. It is the
favorite place to dine in of many Filipinos especially the kids.
2. Will an entrepreneur succeed if one or two of these characteristics are
absent? Why?
No! Because without any of two of those chracteristics the entreprenuer will
not even reach their goals. Those characteristics should be used completely
of an entreprenuer because any of those characteristics are really important
it’s the key to success and thats really help entreprenuers to reach their goals.
Short Quiz: Match the items in Column A with the descriptions in
Column B.

1. Ability to guide the action of D. Leadership

human groups

2. Capacity for making G. Autonomy / self-determination

independent decisions

3. Ability to flexibly assume F. Troubleshooting

boundary situations

4. Ability to produce an original J. Innovation

5. Ability to listen, ask questions, B. Communication

express ideas

6. Ability to lead or control a E. Negotiation

discussion creating an
environment

7. Ability to address new I. Self- confidence

challenges

8. Refsers to the practice of H. risk management

 identifying potential risks in
advance

9. Ability to work intensively A. Quality of work.

10. Ability to raise or lower position C. Social mobility
in the scale of economic well-
being