CBET 210082

ENTREPRENEURIAL BEHAVIOR AND

COMPETENCIES (WEEK 3)
LET’S SEE WHAT YOU
ALREADY KNOW
ABOUT
ENTREPRENEURSHIP
Formative Assessment
To make sure we are at the same page, name these well known Filipino entreprenuers:

John Gokongwei
Henry Sy

Lucio Tan

Tony Tan Caktiong

Introduction to Entrepreneurship
Entrepreneurship
refers to the process of identifying, creating, and pursuing opportunities to build and grow
innovative and value-creating ventures. It involves taking calculated risks and mobilizing
resources to transform ideas into viable businesses.

Significance of Entrepreneurship:
• Economic Growth: Entrepreneurs contribute to economic development by creating jobs,
generating wealth, and fostering innovation.
• Innovation and Creativity: Entrepreneurship is a catalyst for innovation, driving the
development of new products, services, and processes.
• Job Creation: Entrepreneurs are key contributors to job creation, addressing unemployment
and providing opportunities for employment.
 Entrepreneurial Process

01 03
Idea Generation: Opportunity Recognition: Planning and Strate
The process begins with generating
creative and innovative ideas that have
the potential to address market needs.
02 Entrepreneurs identify opportunities with
commercial potential and assess their feasibility.
Developing a comprehensive business plan and
strategy to capitalize on the identified
opportunity.

05 Scaling

04
Implementation:
Growing the business by expanding operations,
Executing the plan and transforming the idea into entering new markets, or diversifying product/service
a tangible business entity. offerings.
Entrepreneurial Traits and Skills:

• Creativity and Innovation: Essential for generating unique ideas

and solutions.

• Risk-Taking: Entrepreneurs often take calculated risks to pursue

opportunities.

• Adaptability: Flexibility in responding to changing market

conditions.

• Resilience: The ability to overcome setbacks and learn from

failures.
 RECITATION
ESSAY
Direction: Explain the following questions below about the competencies of entrepreneurs.

1. Give at least five (5) names of Entrepreneurs that you know may it be from your locality or within the
Philippines.
2. What characteristics can you observe or see that are common among the entrepreneurs that you have listed?
3. Who among the entrepreneurs that you mentions do you admire the most and why.
4. In your own opinion, what do you need to possess to become a successful entrepreneur?
Activity: Group Discussion - Reflection on
Entrepreneurial Traits
Engage in a group discussion reflecting on the entrepreneurial traits
and skills discussed, identifying instances where these traits have
been observed in successful entrepreneurs.

Assessment:
• Written reflections on the significance of entrepreneurship and
its role in economic development.
• Group presentation on a selected historical or cultural aspect of
entrepreneurship in the Philippines.
RUBRICS FOR ESSAY
CONTENT The content was well thought, guide questions 40
are thoroughly answered
ORGANIZATION The paper was well-written and ideas are easily 30
conveyed to readers
DEVELOPMENT Points are thoroughly developed 30

TOTAL 100
THANK YOU!