SARING,CHRI

STI
ANLOUI
SD.
BSN-2A
DR.TY

SSS-SOCIALSECURI TYSYSTEM
GSIS-GOVERNMENTSERVI CEINSURANCESYSTEM
BIR-BEAURUOFI NTERNALREVENUE
DTI-DEPARTMENTOFTRADEI NDUSTRY
DENR-DEPARTMENTOFENVI RONMENTANDNATURALRESOURCES
PTR-PHILIPPI
NETAXREGI STRATI ON
PAGIBIG-Pag 
tut
ulungansaKinabukasan:Ikaw,
Bangko,
Indust
ri
aatGoby
erno
PHILHEALTH-PHI LIPPI
NEHEALTHI NSURANCECORPORATION.

) Whati
1. sNur
sing?-Nursi
ngisafi
eldthati
sconcer
nedwit
htaki
ngcar
eofi
l
lori
njur
ed
per
sons;
andprovi
dingprev
ent
ivehealt
hcaretowell
per
son.

2.
)Whati
sEnt
repr
eneur
shi
p?-
ref
erst
otheeconomi
cact
ivi
tyofaper
sonwhost
art
s
managesandassumet
her
iskofabusi
nessent
erpr
ise.

3.
)Whati
sEnt
repr
eneur
?-aper
sonwhoor
gani
zesandoper
atesabusi
nessorbusi
nesses,
taki
ngongreat
ert
hannor
mal
financi
alr
isksi
nor
dert
odoort
osuccesshi
s/her
busi
ness.

4.
)Whati
sbusi
ness?-busi
nessi
s t
heor
gani
zedef
for
tofi
ndi
vi
dual
stopr
oduceandsel
l
,
f
orapr
ofi
t.

5.
)Whati
ssmal
lscal
eindust
ry?-Smal
lscal
eindust
ri
esar
eref
err
edt
oas 
thosei
ndust
ri
es
i
nwhi cht
hepr
ocessofmanuf
act
uri
ng,
product
ionandser
vici
ngar
edoneonasmal
l
scal
e.

6.
)Whati
sEconomy
-Iti
saneconomy
 i
sthel
argesetofi
nter
-r
elat
edpr
oduct
ion,
consumpt
ion,
andexchangeact
ivi
ti
est
hatai
dindet
ermi
ninghowscar
cer
esour
cesar
eal
l
ocat
ed?

Ent
repreneur’
sTaskIsresponsi
bletoprovi
de
1.Pr oductsandservi
cesforcustomersandproducer
s.
2.Empl oyment.
3.Taxes.
4.Demandf orsuppl
ier’
sproductandservi
ces.
5.Tr ai
ningfaci
li
ti
esforfut
ureEntrepr
eneurs.

Funct
ionofanEnt r
epreneur
1.Capi t
alormoney .
2.Or gani
zethebuy i
ngandhiri
ngoflabor
.
3.Rat eofoutput(pr
ices)somet
hingtodowi
tht
hesuppl
yanddemand.
4.Tobeart
her
iskoft
hev
ent
ure.

I
nnov
ati
onI
ntr
oduct
ionofanewmet
hod,
procedur
e,cust
omeranddev
ice.
1.
)Newpr
oduct
2.
)Newpr
ocessofpr
oduct
ion
3.
)Subst
it
uti
onofacheapermat
eri
ali
nanunal
ter
edpr
oduct
4.
)Reorganizati
onofaproduct
ionordistr
ibut
ionar
rangementl
eadi
ngt
oani
ncr
eased
ef
fi
ciency,bet
terpr
omoandl owercost
5.
)I mprovementsi
ninnov
ationInvent
ionrevi
singanewpr oductDevel
opmentprocessby
whichthei
deasandprinci
plesgenerat
edf r
om thestagesofinv
enti
onareembodi edi
n
concret
eproductandt
echniqueInnovati
onactuali
ntroduct
ionofanewproduct
Takenote:ToachievesuccessI
nnov
ati
onmustr
educecost
,impr
ovequal
it
yoft
he
productandser
vices.

Economi
cdev
elopmentai
medati
mpr
ovi
ngt
hel
i
vingst
andar
dsoft
henat
ion’
sci
ti
zenr
y.
Whatar
etheel
ement
sofManagement
?
1.HumanResour
cesLaborsuppl
y/educat
ion/di
sci
pli
ne/mot
ivat
ion.
2.Nat
ural
Resour
cesLand/mi
ner
als/f
uel
/cl
i
mat
e.
3.Capi
tal
for
mat
ionMachi
nes/f
act
ori
es/r
oads.
4.Technol
ogySci
ence/engi
neer
ing/management/ent
repr
eneur
shi
p.
Theef
fect
iveandef
fi
cientUt
il
izat
ionoft
heel
ement
scont
ri
but
etot
heeconomi
cgr
owt
h.

ExampleAEntrepreneurConcer
nIdent
if
yaneconomicneedAssembli
ngresour
ces
AssumeRiskB.Pr obl
em onhandHighincomefami
li
esarenotsat
isf
iedwit
htheheal
th
caresy
stem i
nt hei
rareali
ke

1. Medi
cal
Cli
nic

2.Dent
alCl
i
nic

3.Nur
singCl
i
nicResour
cesmustbemadeav
ail
abl
eVent
uremustbemade

c. Ent
repr
eneurAct
ion

1.Est
abl
i
shamedi
cal
,dent
alandnur
singcl
i
nici
nthear
ea.
 2.Acqui
refuds,
hirepeopl
e,const
ructabui
l
dingandgetconnect
ionf
or
market
ingstr
ategi
es

3.Properproj
ectstudyAdver
ti
sing,
goodmanagementandgr
eatempl
oyee’
s
employerrel
ati
onship.

Whenopeni
ngabusi
ness,
wear
egui
dedbyt
hedi
ff
erentst
agesofnewv
ent
ure

1.Pre-
StartupstagehappenswhentheEntr
epr
eneurstar
tst
oquest
iont
hefeasi
bil
i
tyofan
i
dea,productorservi
ce.
Isthereapotenti
almar ket(
maybibi
li
bangproduct
oormaymagpapagawaba)and
enoughmoneyt ofinancethebusi
ness

2.Assessmenti
sthekeytosuccess.Dur
ingt
hisst
aget
hei
deaov
erf
lowbutaconcr
ete
pl
anshouldbestabl
i
shed

St
artUpSt
age.
For
mat
ionofbusi
ness.
Generati
onofthenecessarycapit
al/money
.
Purchaseoffacil
i
t i
esandequipment
.
Constructi
ngprototypepr
oducts.
Testi
ngt hemarket.
3.Ear
lygrowthstage
Youneedt ofi
nishyourf
easibi
li
tystudy.
Act
ivi
ti
eswi l
lbeonsmal lscal
ebutiflossesoccur.
Li
mitedaswel l
/konti
ngpuhunan, konti
ngl ugi
/
Howeverifthebusi
nesswentsuccessf ulthenlet
’sgot
othenextl
evel
.
4.Lategrowthstage
Stabl
eenterpr
ise,
stablebusi ness,
goodmar keti
ngstr
ategyandwithpr
ofi
t
Managementisst r
uctured,skill
softheentr
epreneuri
slessneededbutt
heski
l
led
managerneedt otakeov erforthesustai
nabi
li
ty.

5.Feasi
bi l
itystudy
Analysisthatconsi dersall
pr oj
ectrel
evantfactorincludingeconomic,t
echni
cal
,
l
egalandschedul i
ng.
Tomaket hepr oj
ectasuccessf uloneFeasibil
it
yst udyi svi
tal
,needed.
Thest udyi ncludenewpr oductv ent
ure,
mar ketanal ysis,t
echnol
ogy,l
abor
needed, sour ceoffinanci
ngandcapi tal(
moneyi nv olve)
I
mpor tanceoff easibi
li
tystudyisto“GetitRight”

6.I
nspecteveryangl
eofthebusi
nessv
ent
urePar
tsoft
heFeasi
bil
i
tyst
udy
1.Executivesummary
2.Descr i
pti
onofthepr
oduct
3.Mar ket
4.Marketi
ngStrat
egy
5.Organi
zati
onalStr
uct
ure
6.Schedul
ing

Ty
pesofFeasi
bil
i
tySt
udyTechni
cal
Economi
cLegal
Oper
ati
onal
Schedul
i
ng
7.