ABME 10, MODULE A

Corporate Entrepreneurs

Employed individuals who apply their mindset and spirit among firms they do not own

Cultural

Entrepreneurs also help enhance and restore (4A)__________ identity and Filipino pride as exhibited in brands such as Team Manila, Kultura, Bayani Brew, and KapeTayo.

Employment; Tax

Entrepreneurs also provides (2A)_____________ opportunities as MSMEs give work to around 61% of the labor force. With their business operations, entrepreneurs pay (3D) ____ which helps in sustaining government operations.

1. Recognize opportunities 2. Catalyst for change 3. Risk-taker

Entrepreneurs are Breakthrough innovators who:_________ [3]

Classical Entrepreneur

Entrepreneurs who practice the mindset and spirit in their own enterprises

Social Entrepreneurs

Entrepreneurs who use the entrepreneurial spirit to do good/ welfare

JOSEPH SCHUMPETER

Entrepreneurship essentially consists in doing things that are not generally done in the ordinary course of business routine

Peter Drucker Quote

Entrepreneurship is a process of gathering and using resources that must be allocated to opportunities rather than to problems. The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.

DAVID McCLELLAND

Entrepreneurship is doing things in a new and better way. Entrepreneurial role calls for decision making under uncertainty.

HOWARD STEVENSON

Entrepreneurship is the pursuit of opportunity beyond resources controlled

Quality

Lastly, as most failed to recognize, entrepreneurs help improve the (7)_______ of life of people, by filling a specific need not currently addressed; making people happier and lives more comfortable.

Economic

One of the obvious contributions of entrepreneurship in the country is (1D) _______________ development. With having almost 99% being micro, small, and medium enterprises (MSME), comprising 36% in Gross domestic product (GDP), entrepreneurship is important in the development of a country.

Entrepreneurs

A person who focus their efforts in innovation, profitability and growth.

Businessmen

A person who tend business by expecting stable sales, profit, and growth.

Innovating and Taking Risks

ENTREPRENEURSHIP IS ABOUT __________ & _____________

Community; empower

There are also social entrepreneurs who help in (5D) __________ development which (6D) __________ women and the less fortunate like Rags2Riches, Bayani Brew, Human Nature, and Plush and Play.

1. Classical 2. Corporate 3. Social

Three personas of entrepreneurs

important

With these, we can say that entrepreneurship is (8A) _________ not only in the country, in our immediate community, but also basically among ourselves.

David Kuratko

dynamic process of vision, change, and creation to recognize opportunity towards the creation and implementation of new ideas and creative solutions.

entreprendre

french word of entrepreneurship which means 'to undertake'