Explain how developing each of the following core values (1. Christian Spirit, 2. Creativity, 3. Competence, 4. Social Involvement) in our life is compatible with learning how to think and act like an entrepreneur.
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Explain how developing each of the following core values (1. Christian Spirit, 2. Creativity, 3. Competence, 4. Social Involvement) in our life is compatible with learning how to think and act like an entrepreneur.
NOTE: Answer the following question in not less than seven (7) but not more than ten (10) sentences.
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- It Ways Of starting a business. You will U Die entrepreneurial process, which starts with identifying and evaluating the opportunity. The heart of this module is the scanning of the marketing environment where you formulate a product or service solution applying the techniques of seeking, screening, and seizing opportunities. As a result, you will deal with analyzing the need of the market, think of the potential set of products or services that will meet the need, assess the feasibility of the solution, and select the best product or service De that will address the need. • PRE-ACTIVITY Directions: Answer the following. 1. In a scenario where you are creating a product to sell, what are the things that you need to consider? Why? 2. What are the role of your neighbors, friends, family members and the community if you are going to put up a business? 3 |PageWhich of the following skills do you believe is the most important to make a successful entrepreneur? Why do you believe this skill is of such importance? What makes it more important than the other skills? persuasion, leadership, personal accountability, goal orientation, and interpersonal skillsWhat's New Principles, Tools, and Techniques in Creating a Business To start a new business, an entrepreneurs needs to have a plan to start a business, as one of the best practice entrepreneurs to identify needs of the community to start a business. Based on your inquiry whether by interview or survey through print or online, now, I would like you to identify 5 major needs of your community and rank them according to order of priority from 1 being the highest and5 lowest and describe business opportunities that can be created. Activity 1. Fill the table below Needs of the Community Business that can be created Rank 1. 2. 3. 4. 5.
- Explain the following statement Entrepreneurship will transform learners to be innovators. How can entrepreneurship help the economy of a country? If you were an entrepreneur, which one of the fields of expertise of an entrepreneur would you be based on your choice of interest, talents, and other competencies? Why? Do you know any small business like a sari-sari store, talipapa or bakery in your barangay? Describe the nature of that business. What goods or services are offered by this business? What if this business does not exist? How would this affect your community? What can appropriate product and/or business be conceptualized during this COVID-19 pandemic? In case you want to build a business, what kind of business do you feel you're good in it or what nature of business do you want to build? List at least two businesses and why?Answer the following questions, thoroughly. 1. What is the disadvantage of unanticipated means of generating business ideas?2. How may the best business idea be determined? 3. List down at least three business ideas which you think has the potential to succeed, if adapted. Why do you think it has the potential to succeed?Write the definition for each of the six characteristic of and entrepreneur. The characteristics given are: (1) vision (2) energy (3) tolerance of uncertainty (4) self-reliance (5) confidence (6) tolerance of failure After defining each characteristic of an entrepreneur given in Chapter 7, answer the following questions: Do you possess any of the entrepreneurial characters discussed above. List each characteristics, you possess then answer the following questions: Have you already started a business? Are you considering starting your own business? If so, what type of business? If you have no desire to start a business, explain why.
- You have been engaged as a ‘Change Agent (Ambassador)’ at the Marine Engineering Department of the Regional Maritime University (RMU). As part of your responsibilities you are expected to whip the student in line with the current trends in contemporary world of Entrepreneurship. One of the ways in achieving this is to organize seminars for the students. The HOD has tasked you to prepare a paper on the Characteristics of Entrepreneurial Mindset for his perusal. How would you go about this onerous task? You have some ten hours to complete this task so start now.Prompt: All entrepreneurs have the ability to do good with their organizations and bring honor and glory to the Lord. A Christian entrepreneur should see opportunities where they can do good with the organization they have designed and use it for good.Doing all of this in a joyful and winsome way brings honor to the Lord (Hebrews 13:15-17). We are also called to be salt and light no matter what we are doing as believers. Therefore, when we run our organizations, we are to run them in a way that glorifies the Lord. We should be salt and light in all of our business interactions and how we operate our business (Matthew 5:13-16). How does doing good with yourorganization and being salt and light tie into our discussion related to providing quality service during those moments of truth with our clients? What can the verses in Hebrews, Matthew, or any other verses you can find teach us about providing good quality and our interactions with customers?Give 3 to 5 qualitative questionnaires about the Role of Entrepreneurial Mindset towards Business Growth of business students.