Assignment Task 1

Write a narrative essay that answers the following questions. Please be guided with the writing conditions
below.
1. In your own opinion, why do you think entrepreneurship is also a self-employment decision?
Explain.
Entrepreneurship is the pursuit of creating, managing, and scaling a business by taking calculated
risks and being innovative. For my opinion, Entrepreneurship is considered as self-employment
decision, that is because we run our own business and we handled and manage it. As self-
employment define as state of working for oneself rather than an employer who pays them a
salary. If you are an entrepreneur yourself, you are an independent individual who owns your own
company/business, you manage your own time and you don’t work for other people. I think this
the one of the reasons why other people chose to be a self-employed or an entrepreneur because
they are their own boss.

2. If given the opportunity to start business during this pandemic, what would you like to open and
how do you plan to sell it?
If I would be given an opportunity to start a business, it would be a baking cakes and pastries.
The reason I chose this business is because we, my sisters and I, one of our hobbies is baking. For
the planning how would I sell my product, the best way is through online marketing. Online
marketing strategy would be the best way to advertise my product. Posting in Facebook and
Tiktok would be best, most people are using this application this will help our product to
advertise. In terms of delivery, we will use our own transportation. It would be a hard start, but I
know eventually will sell.

3. What is your own concept of entrepreneurship?

For me, entrepreneurship is building a business where you create your own product or starts a
business venture. Entrepreneurship is a concept were developing, managing, or setting up a
business. It is a career that chose by people who are willing risk investing their money to create a
business, they developed products or provide services to people. Entrepreneurship is the source of
innovation and business ideas in our country industries.