Juan Carlos Araneta, Santiago Araneta, Carlos Araneta and Fernando Araneta (LBC)
Dra. Vicky Belo for the Belo Medical Group Inc.
John Gokongwei for C2 (cool & clean) tea .
Miyerkules, Hunyo 22, 2011
Assignment (Filipino Entrepreneurs)
Juan Carlos Araneta, Santiago Araneta, Carlos Araneta and Fernando Araneta (LBC)
Dra. Vicky Belo for the Belo Medical Group Inc.
John Gokongwei for C2 (cool & clean) tea .
Where did Mcdonald's name came from ?
The McDonald's concept was introduced in San Bernardino, California by Dick and Mac McDonald of Manchester, New Hampshire. It was modified and expanded by their business partner, Ray Kroc, of Oak Park, Illinois, who later bought out the business interests of the McDonald brothers in the concept and went on to found McDonald's Corporation.
that's it ! ((:
Where did Mcdonald's name came from ?
The McDonald's concept was introduced in San Bernardino, California by Dick and Mac McDonald of Manchester, New Hampshire. It was modified and expanded by their business partner, Ray Kroc, of Oak Park, Illinois, who later bought out the business interests of the McDonald brothers in the concept and went on to found McDonald's Corporation.
that's it ! ((:
Where did Jollibee's name came from ?
That was also the time they decided to incorporate and realized thet they needed a brand name. They were looking for a symbol that would represent the group, and because Tony was very impressed with Disneyland characters, they decided on a bee. The bee is a busy creature that produces honey – one of life’s sweetest things. They thought it would be a very good symbol to represent everybody. They decided they would all be very busy and happy at the same time, because if they were busy but not happy, it wouldn’t be worth it. That’s why they put the word jolly and just changed the “y” into “i” to form a brand name - JOLLIBEE.
Lunes, Hunyo 13, 2011
Assignment no .2
A German named Charles Wiesenthal who lived in England got patented the needle that he designed for sewing machine in 1755. It was in 1790 Thomas Saint, who was an English inventor and a maker of cabinets got a copyright for a sewing machine as a whole. This machine was designed to sew leather but it could not produce results and failed. Though Balthazar Krems invented an automated sewing machine to sew caps in 1810 but he did not get it patented. There were few unsuccessful tries too. In 1814 Josef Madersperger was able to get patent for his unsuccessful machine. Thomas Stone and James Henderson got French patent for their machine and Scott John Duncans for his embroidery machine in 1804 but both machines were a great failure. The French tailor Barthelemy Thimonnier invented the first sewing machine that could function in 1830. The machine used a single thread and a needle which was hooked. The other tailors burnt his shop and almost killed him as they thought the new invention might bring unemployment.
It was in 1834 that America’s first successful machine came up and the man behind this was Walter Hunt who took no interest in getting a patent for it due to the fear that it might cause unemployment. It was in 1846 that Elias Howe got the first American patent for a sewing machine that had one pointed eye and accepted thread from two sources.
The mass production of machines started in 1850 when Isaac Singer invented the machine that was commercially successful.
END .
PEC's assignment (2)
1. Evaluate the different entrepreneurial characteristics under PEC's. How does applying similar characteristics help us succeed in the other areas of life? Explain your answers by giving examples.
2. Explain how having the Personal Entrepreneurial Competencies can help you become a successful entrepreneur.
1.
1. Vigilance for Opportunities
When an entrepreneur sees an opportunity for business, he is quick to take it. Entrepreneurship is a competitive field, and he is always on the lookout for chances to improve his position.
Example: Paolo and his classmates are required to do a lot of paperwork like summaries, book reports and term papers. All these need to be typewritten, forcing his classmates to rent computers. Because he has a computer, he offered to encode his classmates' papers for a fee.
2. Commitment to work contract
An entrepreneur always delivers his promise promptly. He values his reputation for dependability and will do everything not to back out on a commitment.
Example: He sometimes finds it hard to finish a typing job because he also has his own papers to work on. But Paolo does his best to finish the tasks that his classmates to entrust him. He therefore skips his leisure activities to deliver the task.
3. Persistence
An entrep. doesn't let setbacks lead to failure. He is committed to his goal that he finds ways to overcome obstacles and accomplish his tasks he set for himself.
Example: Because he is swamped with typing jobs, Paolo sometimes mixes up his classmates' papers and type the wrong items. Instead of losing patience and quitting, he revises his work until he gets things right.
4. Willingness to Take Risks
An entrep. knows that business involves taking risks. It is when one takes his chances with a new venture the better products and services are discovered.
Example: Soon, Paolo has saved enough money to buy a second computer. It was a lot of money for a first year student like him, but he knew he would profit from it by renting it out to his classmates.
5. Demand for efficiency and quality
A true entrep. doesn't settle for anything but the best. He also insists that items of excellent quality be done at the soonest time possible. This increases his productivity and sets him apart from the competition.
ex.: Paolo practices accurate typing and improves his speed. He does this to make sure he is able to come up with the best results at the fastest time possible.
6. Goal Setting
Setting goals gives the entrepreneur a sense of purpose. It inspires him to make definite plans and to follow those plans with concrete action.
Example: Soon, many of Paolo's classmates frequent his house to take renting his computer. He then resolved to use all his profits to buy two more secondhand computers in the next two months.
7. Information Seeking
An entrep. is always searching for new information related to his business. He uses this information to improve his services, satisfy his customers, and be ahead of his competitors.
Example: His classmates starts asking him to apply for an internet connection so they won't have rent outside to do their research. He made inquiries about the best Internet service provider in his area and the most ideal package for his purposes.
8. Systematic Planning and Monitoring
The success of an entrep. relies greatly on his ability to make detailed plans before starting out a new venture. He couples this with careful evaluation to be aware of his progress every step of the way.
Example: Having acquired two more computers , he carefully planned on the additional software to install in the units so that the software will not slow down. He also installed a program that automatically records computer use.
9. Persuasion and Networking
An entrep. with a good product or service to offer is able to promote it convincingly. In addition, satisfied customers will help him promote the business through word of mouth.
Example: After installing the necessary applications, he convinced his classmates that they will have access to all the software they will need to do their assignments. He was also able to convince them to pass the news around about his superior services.
10. Self Confidence
An entrep. shows confidence in his business he knows he has done and is doing his best to give his clients the best value for their patronage.
ex. Although there are bigger computer shops around, Paolo's classmates still prefer to use his computers. This is because he shows total belief in the advantages of his services over more expensive and impersonal shops.
2.To be a successful entrepreneur, you should be always on the go. He keeps himself up-to-date on the latest trends regarding his business which allows him to improve his service. This builds his confidence that he is offering nothing but the best to his customers. An entrepreneur also operates on strict principles that builds up his reputation and earns him the respect of his clients.
Linggo, Hunyo 12, 2011
Personal Entrepreneurial Competencies (PECs) [Assignment no. 3]
The success of a businessperson greatly depends on a certain set of characteristics called Personal Entrepreneurial Competencies or PECs.
Illustrations of PECs:
1. Vigilance for Opportunities
When an entrepreneur sees an opportunity for business, he is quick to take it. Entrepreneurship is a competitive field, and he is always on the lookout for chances to improve his position.
2. Commitment to work contract
An entrepreneur always delivers his promise promptly. He values his reputation for dependability and will do everything not to back out on a commitment.
3. Persistence
An entrep. doesn't let setbacks lead to failure. He is committed to his goal that he finds ways to overcome obstacles and accomplish his tasks he set for himself.
4. Willingness to Take Risks
An entrep. knows that business involves taking risks. It is when one takes his chances with a new venture the better products and services are discovered.
5. Demand for efficiency and quality
A true entrep. doesn't settle for anything but the best. He also insists that items of excellent quality be done at the soonest time possible. This increases his productivity and sets him apart from the competition.
6. Goal Setting
Setting goals gives the entrepreneur a sense of purpose. It inspires him to make definite plans and to follow those plans with concrete action.
7. Information Seeking
An entrep. is always searching for new information related to his business. He uses this information to improve his services, satisfy his customers, and be ahead of his competitors.
8. Systematic Planning and Monitoring
The success of an entrep. relies greatly on his ability to make detailed plans before starting out a new venture. He couples this with careful evaluation to be aware of his progress every step of the way.
9. Persuasion and Networking
An entrep. with a good product or service to offer is able to promote it convincingly. In addition, satisfied customers will help him promote the business through word of mouth.
10. Self Confidence
An entrep. shows confidence in his business he knows he has done and is doing his best to give his clients the best value for their patronage.
THE END...
Biyernes, Hunyo 10, 2011
Assignment . Com Ed
Page 6 - James :
-hard-working , smart , clever , industrious , patient
Page 8 - Marie:
- pursuing , hard-working , always want to discover her skills , productive.
a. always hard-working and both successful entrepreneurs.
b. James- he did not study his college degree and he discovered his own skill when he was in high school.
Marie - she finished her education, she continued pursuing for her passion and potential in selling plants(entrepreneur) .
c. She worked part-time as freelance interior plants consultant, but she was very happy she discovered it.
d. They were both hard-working, pursuing and productive .
Page 10 -
a FISHERMAN - sells his fishes he harvested . so he is an entrepreneur .
a FARMER - sells his plants and rice he harvested . he is also an entrepreneur .
a pastry shop owner - he runs a bakery and sells bread and pastries to the town and it's his business .
a BUS LINER OPERATOR - offers transport service
a COMPUTER SHOP OWNER - offers computer gaming .
B. If I were an entrepreneur, I would be in the BUY AND SELL business because , it have double profit (sometimes). And when you buy an item you want to sell/ offer you have the chance to double the price. when you buy an item in a low price, you can sell it in high amount.
-hard-working , smart , clever , industrious , patient
Page 8 - Marie:
- pursuing , hard-working , always want to discover her skills , productive.
a. always hard-working and both successful entrepreneurs.
b. James- he did not study his college degree and he discovered his own skill when he was in high school.
Marie - she finished her education, she continued pursuing for her passion and potential in selling plants(entrepreneur) .
c. She worked part-time as freelance interior plants consultant, but she was very happy she discovered it.
d. They were both hard-working, pursuing and productive .
Page 10 -
a FISHERMAN - sells his fishes he harvested . so he is an entrepreneur .
a FARMER - sells his plants and rice he harvested . he is also an entrepreneur .
a pastry shop owner - he runs a bakery and sells bread and pastries to the town and it's his business .
a BUS LINER OPERATOR - offers transport service
a COMPUTER SHOP OWNER - offers computer gaming .
B. If I were an entrepreneur, I would be in the BUY AND SELL business because , it have double profit (sometimes). And when you buy an item you want to sell/ offer you have the chance to double the price. when you buy an item in a low price, you can sell it in high amount.
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