FRANK ANTHONY A.

SANCHEZ ENTREP FINAL EXAM

I. REMEMBERING
Instruction: Enumerate the following and explain.
1. Give at least 4 important factors to consider in making decisions. Explain each.
- The important factors to consider in making decisions are gathering of information
in which we should make use of different strategies and analysis like PESTEL and
SWOT analysis, next is identify alternatives in which we find different opportunities
and use our strength to progress, next is weighing of options in which we should
decide to cancel out things that might affect our decision negatively, and lastly,
taking action in which we act out our decided option to proceed.
2. Provide at least 3 things that influences decision making. Explain each.
- The things that influences decision making is first, the consumer’s demands
because the consumers or customers are the one who buys our products or
services. Second is the trends in which people usually buy what is trending.
Lastly, Rivalry because we need to decide to do something new if ever a rival
business sells something similar to us.
3. Give at least 4 things we consider when hiring an employee. Explain each factor.
- The 4 things we need to consider when hiring an employee are first, their talent or
skills in which he/she must be capable and able to improve in working. Second is
experience in which they must at least be able to adapt instantly in any working
environment. Third is Personality because it is crucial in establishing rapport with
the customers. Last is loyalty because they must be trusted and not do something
that could affect the business negatively.
4. Discuss the steps of the hiring process. Explain each stage.
- First is recruitment process, if there is a new position or vacant position then we
will need a candidate to assume the position. Second is talent search, we need to
gather people with the right talent and attract them to apply for the job. Third is the
screening and short listing, we need to filter out the incapable people and find the
best of the best. Fourth is the interviewing, we need to interview the people to
know more about them and decide if they are fit or unfit for the job. Last is the
Evaluation and employment offer, in this step, we need to accept them for the job
as they are the most fit for it.

II. ANALYSIS
Instruction: Answer and support your answers
5. What do you think is the hardest part in making decisions? Why do you say so?
- For me, the hardest part of making a decision is the letting go of something
precious for you because sacrifices are crucial in deciding for more progression.
Therefore, the weighing of options is the hardest part in making decision as it
includes every single possibilities that would affect your business in the future.
6. Do you believe that what you are today is the result of decisions you have made in the
past? Why or why not?
- Yes indeed I believe because like the iceberg theory, what you are now successful
or unsuccessful is because of the past failures, sacrifices, disappointments,
discipline, hard work, dedication, persistence, etc. To simply put, without the past,
there will be no present.
7. What is at risk in making decisions in business? Why do you say so?
- In my opinion, your business as a whole is at risk in making decisions because
everything you decide will determine the future outcome of your business, you
might become very successful. On the other hand, it might lead to the downfall of
your business.

III. EVALUATION
8. What do you think is the most important factor in hiring an employee? Why do you say
so?
- The most important factor in hiring an employee is the talent and loyalty of the
people because skills can be learned and experience can be accumulated. Talent
is the best because people can easily adapt to any type of situation and even
learn more and improve more and faster than normies. Loyalty because we need
to make sure that they can’t be easily swayed by other circumstances.
9. In your own perspective, why is it taking time to process regularization? Why do you
say so?
- In my perspective, it takes a lot of time for a person to become a regular at work
because they must be at their very best condition to handle a very professional
work. They must possess everything that makes them suitable for regularization.
10. What is the most important thing we need to discover in having an interview? Why do
you say so?
- For me, it is there personality because in interviewing people, we can talk to them
in face to face, so we could learn how they react to things and how they behave.
Unlike just picking based on paper which we don’t know them at all. There are
even instances that people with inferior achievements will get picked rather than
those with better achievements because they have better personality and can
handle situations better. That is why I believe that the most important thing we can
discover in interviewing people is there personality.