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Week 1 Entrepreneurship

The document discusses entrepreneurship and defines key terms. It provides the definition of entrepreneurs as people who set up businesses with the aim of making a profit and creating sustainable businesses. Entrepreneurship is defined as the activity of starting up businesses and taking on financial risks with the hope of achieving profits. The document also lists important characteristics of successful entrepreneurs such as being hardworking, self-confident, and creative. Finally, it discusses the relevance of entrepreneurship for economic development, including creating employment, developing new markets, and stimulating investment.

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Fredo Estores
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216 views12 pages

Week 1 Entrepreneurship

The document discusses entrepreneurship and defines key terms. It provides the definition of entrepreneurs as people who set up businesses with the aim of making a profit and creating sustainable businesses. Entrepreneurship is defined as the activity of starting up businesses and taking on financial risks with the hope of achieving profits. The document also lists important characteristics of successful entrepreneurs such as being hardworking, self-confident, and creative. Finally, it discusses the relevance of entrepreneurship for economic development, including creating employment, developing new markets, and stimulating investment.

Uploaded by

Fredo Estores
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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ENTREPRENEURSHIP

QUARTER 1-WEEK 1
MOST ESSENTIAL LEARNING COMPETENCIES

1. Define entrepreneurs and


entrepreneurship; and
2. Discuss the relevance of this
course
(CS_EP11/12ENTREP-0a-1)
Activity 1: Read me, Understand me!

Direction: Read and understand the


definition of entrepreneurs and
entrepreneurship and the important
characteristic of entrepreneurs then
answer the questions that follow. Write
your answers in a separate sheet of
paper.
Entrepreneurship is the activity of setting up a
business or businesses, taking on financial risks in the
hope of profit. It is what people do to take their career and
dreams into their hands and lead it in the direction of
their own choice. While entrepreneur is a person who sets
up a business with the aim to make a profit and create a
fulltime, sustainable business with employees. If your
entrepreneurial mindset is focused on creating a
profitable business, you fit the entrepreneur definition.
However, the entrepreneur meaning involves much more
than being a business or job creator. They’re the leaders
that strikes out in their own to improve society. Whether
they’re creating jobs or new product, they constantly take
action to ensure the worlds progress.
SUCCESSFUL FILIPINO ENTREPRENEURS WHO STARTED SMALL
https://youtu.be/GpYqkKzRWYs
Characteristics of a Good Entrepreneur

1. Hardworking
2. Self-confident
3. Disciplined
4. Committed
5. Able to accept change
6. Creative
7. Has the initiative
8. Profit- oriented
FOLLOW-UP QUESTIONS:

Q1. What is entrepreneurship really about?


Q2. Does entrepreneurs are the ones creating a
jobs? Why?
Q3. What makes a person a good entrepreneur?
Activity 2: Complete me and Describe me!

Directions: Complete the acronym


ENTREPRENEURSHIP using an adjective.
Write your answer in a separate sheet of
paper.
RELEVANCE OF ENTREPRENEURSHIP AND
ENTREPRENEUR IN ECONOMIC DEVELOPMENT OF A
COUNTRY

1. Creates employment.
2. Develops new market.
3. Introduces innovation.
4. Generates new materials.
5. Stimulates investment interest in the new business ventures being created.
6. Improves the quality of life.
7. Serves as role model.
8. Bring social benefit to the people.
9. Utilizes and mobilizes indigenous resources.
10.Provides more alternatives for consumers.

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