Module 2

SEAT WORK NO.2 SEAT WORK NO.2

SEAT WORK NO. 3

Explain
1. Innovation theory

2.Mc Clelland’s Theory

Seatwork 1
1. Service
2. Manufacturing
3. Retailing
4. Wholesaling
5. Retailing
6. Manufacturing

Seatwork 2
1. 7-Eleven - The 7-Eleven franchise system rightfully demands that the franchisee
be actively involved in the day-to-day activities of the store in order to be ready to
respond quickly to any market condition that may arise at any moment,24/7!
2. LBC - The main offering of LBC is its courier service, which enables users to
send and receive packages from any location in the nation or even beyond. LBC
transports commodities by air, sea, and land.
 3. MERALCO - In the Philippines, Meralco is the largest private electric utility,
serving 36 cities and 75 municipalities. Its franchise area of approximately  just
3% of the Philippines' total geographical area but produces 55% of the nation's
electricity.
4. BDO - Investment banking, private banking, leasing and financing, rural banking,
life insurance, insurance brokerage, and online and off-line brokering are all
services provided by BDO.
5. UNICEF - UNICEF, one of the largest vaccine suppliers in the world, promotes
child health and nutrition, clean water and sanitation, quality education, skill
development, HIV prevention and treatment for pregnant women and infants, and
the defense of kids and teenagers against abuse and exploitation.
6. ALL DAY - a wide range of commodities, including a variety of items like food,
household goods, clothing, toys, electronics, and more.
7. SAN MIGUEL Pure Foods - Leading food producers in the Philippines make up
San Miguel Foods, a division of San Miguel Food and Beverage, Inc. It is without
a doubt the most varied food company in the nation today thanks to its products
and services that cut across the whole value chain, ranging from animal feeds,
fresh chicken, and fresh meats to processed meats, ready-to-eat food, flour,
dairy, spreads, and coffee.
Seatwork 3
1. Innovation theory
It describes any new strategy implemented by an entrepreneur to lower overall
manufacturing costs or boost demand for his goods. It lowers the overall cost of
production by the use of modern machinery, manufacturing procedures, and
industry-specific organizational techniques. It encompasses all activities that
boost the demand for a product, such as the launch of a new good or service, the
emergence or opening of a new market, the discovery of new raw material
sources, the introduction of a new product variety or design, etc.
2. Mc Clelland’s Theory
Each person is mainly motivated by one of the following three needs:
achievement, affiliation, or power. We acquire these motivational theories
through our culture and life experiences, so it needs to be inherently present in
us.