Assg. # 6

1. Henry Sy

       Owner of SM Department Store

          

2. Lucio Tan

Tanduay Distillers, Inc.Owner

       

3.Tony Tan Caktiong

 Chairman,Jollibee Food Corp.

          

Do you understand pg 19

for me it is all equal because it is for the comfort and need of people

that is all tank u and good bye

Assignment on PECs

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.


Answer:


1.  Vigilance for Opportunities 
2.  Commitment to work contract  
3.  Persistence 
4.  Willingness to take risk
5.  Demand for efficiency and quality
6.  Goal setting
7.  Information Seeking
8.  Systematic Planning and Monitoring
9.  Persuasion and Networking
10.  Self Confidence


Being vigilant to opportunities that will help in a person's success, taking the risk whether the result of the action is negative or positive as long as he is committed and focused on his goals with self confidence helps a person succeed in any endeavor he indulges in.  An example of which would be a plain housewife whose only wish is to help augment in her family's income.  She decided to use her ability to bake cookies to sell to her neighbors and friends. Because of her willingness to take the risk at venturing into this home-based business, she took it also as an opportunity for her to earn her own money, therefore helping her husband in their family expenses through her determination to earn even in a simple manner as using her talent in baking.


2. Explain how having the Personal Entrepreneurial Competencies can help you become a successful entrepreneur.


Answer:


Anybody can be a successful entrepreneur as long as he possesses the PEC's, even if he does not come from an entrepreneurial family. A good example would be those who previously had a regular income working in a company and decided later on to resign from their job because they want to seek new opportunities. They decided to enter into the now in demand food cart business because they also want to become their own boss someday. They willingly took the risk in resigning from their regular job to put up their own business using the separation pay they got from the previous company they worked for.












That Is I dont know,,, All?   
=)

assignment # ?

           Cell Phone

The initial development of wireless technology and the cell phone took decades to perfect. The invention of the first cell phone became the cornerstone of today's modern communication methods.

1. History

   • The hexagonal cell technology that enabled the first cell phone to work was developed by Bell Labs. Hexagonal technology enabled cellular phones to be used while on the move by transmitting wireless signals from one tower to another which broadened the mobility range. Martin Cooper, who worked in the research and development department at Motorola, built a small radio telephone that worked in conjunction with this technology and created the first mobile cellular phone.

   Time Period

   • The first cell phone was invented in 1973; however, the technology that contributed to the invention of the cell phone was discovered in 1947.

   Significance

   • Before the invention of the cell phone, modular phones were either mounted in a car and required power from the car's electrical system or used a backpack power system to function. It is invented due to necessity.

   Fun Fact

   • Martin Cooper made the first call on a cell phone in 1973 to a competitor at AT&T.

   Famous Ties

   • Actress Hedy Lamarr helped patent a technologically advanced communication system in 1940 which laid the groundwork for mobile phone technology

Assignment # 3

#Personal Entrepreneurial  Competencies 
  The original research by McClelland and McBer identified 14 PECs; the EMPRETEC [a UN program for small businesses; from the Spanish words emprendedores (entrepreneurs) and tecnología (technology)] clustered these into just 10:

Achievement Cluster
I. Opportunity Seeking and Initiative
* Does things before asked or forced to by events
* Acts to extend the business into new areas, products or services
* Seizes unusual opportunities to start a new business, obtain financing, equipment, land work space or assistance

II. Risk Taking
* Deliberately calculates risks and evaluates alternatives
* Takes action to reduce risks or control outcomes
* Places self in situations involving a challenge or moderate risk

III. Demand for Efficiency and Quality
* Finds ways to do things better, faster, or cheaper
* Acts to do things that meet or exceed standards of excellence
* Develops or uses procedures to ensure work is completed on time or that work meets agreed upon standards of quality

IV. Persistence
* Takes action in the face of a significant obstacle
* Takes repeated actions or switches to an alternative strategy to meet a challenge or overcome an obstacle
* Takes personal responsibility for the performance necessary to achieve goals and objectives

V. Commitment to the Work Contract
* Makes a personal sacrifice or expends extraordinary effort to complete a job
* Pitches in with workers or in their place to get a job done
* Strives to keep customers satisfied and places long term good will over short term gain

Planning Cluster
VI. Information Seeking
* Personally seeks information from clients, suppliers or competitors
* Does personal research on how to provide a product or service
* Consults experts for business or technical advice

VII. Goal setting
* Sets goals and objectives that are personally meaningful and challenging
* Articulates clear and specific long range goals
* Sets measurable short term objectives

VIII. Systematic Planning and Monitoring
* Plans by breaking large tasks down into time-constrained sub-tasks
* Revises plans in light of feedback on performance or changing circumstances
* Keeps financial records and uses them to make business decisions

Power Cluster
IX. Persuasion and Networking
* Uses deliberate strategies to influence or persuade others
* Uses key people as agents to accomplish own objectives
* Acts to develop and maintain business contracts

X. Independence and self-confidence
* Seeks autonomy from the rules or control of others
* Sticks with own judgement in the face of opposition or early lack of success* Expresses confidence in own ability to complete a difficult task or meet a challenge