LOCAL ENTREPRENEURS

1.Mercury Drugstore
Owner:Mariano Que --  (half filipino-half chinese)


2.Tanduay/Fortune cigarette
Owner:Lucio Tan --

3.Mang Inasal
Owner:Edgar Sia II--



---JATH
I-AMETHYST :DD

PECs assignment (can you understand? page 15)

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.

2. Explain how having

nal Entrepreneurial Competencies can help you become a successful entrepreneur.
answer:

1. These are the entrepreneurial characteristics :
Vigilance for Opportunities             
Commitment to work contract
Willingness to take risks\
Persistence
Goal setting 
Demand for efficiency and quality             
Information seeking
Systematic planning and monitoring
Persuasion and networking
Self - confidence

-These Characteristics can help him/her to be a succesful entrepreneur
2.PECs  can help him/her to be a succesful entrepreneur by following and  guiding him/her to this competencies on the important facts about his/her attitudes and characteristics.

Can You Apply It Now (Homework #5)

The Entrepreneurial Characteristics that helped Carla succeed in her business:

creativity
optimism 
self-control
leadership ability
self-confidence
commitment
strong desire to achieve
persistence

-Jath
I-AMETHYST

Enrichment Activity (Homework # 4)

If i were an entrepreneur,i would be in the computer business because it is easier to gain  profit than other business and  it is the hobby of people to use computer because it is needed and can be used in many ways.

-Jath Sta.Maria
I-AMETHYST

Homework # 2

   SUNSCREEN MADE BY FRANZ GREITER

Sunscreen might have been around longer than most of us realize. The first sunscreen appeared on the market in the late 1960s. Its purpose was to attempt to minimize the effects of ultraviolet light from the sun. It wasn’t until around 1972, however, that labeling of the sun protection factor, or SPF, was introduced in the U.S. These sunscreens, which were improved and modified over time, were designed to block ultraviolet-B radiation.

Then it wasn’t until the late 1980s that researchers determined that although ultraviolet-B light initiates most skin cancers, ultraviolet-A rays also play a role in promoting skin cancer. So, in the early 1990s, sunscreens were improved to contain ultraviolet-A blockers via an ingredient called Parsol 1789. In the mid 1990s, ultramicronized zinc and titanium oxide were added to many sunscreens.

Sources vary as to who invented the first sunscreen, but most acknowledge that Milton Blake, a South Australian chemist, experimented unsuccessfully with creating a sunburn cream in the early 1930s. However, the founder of L’Oreal cosmetic company, Eugene Schueller, also a chemist, found success where Blake did not and is often credited for inventing the first sunscreen in the 1930s. Other sources name Austrian scientist Franz Greiter as the inventor of sunscreen, a product named Glacier Cream. Greiter was inspired to create a product in 1946 to protect the skin from sunburn due to a burn he received while mountain climbing at Piz Buin, on the Swiss-Austrian border, eight years prior.

Even others attribute the invention of sunscreen to Benjamin Green. In the 1940s, Green, a Miami, Florida physician, prepared a red jellylike substance in his own kitchen and then tried its effectiveness on his own bald head. Green was interested in protecting the WWII soldiers stationed in the South Pacific. After the war, Green continued to experiment with his sunscreen formula until he created what became known as Coppertone suntan cream in 1944. Coppertone suntan cream, scented with jasmine, was the first consumer mass-produced sunscreen product.

Other important dates in sunscreen history include the invention of zinc cream in 1940. Over the years, many sunscreen variations have developed: waterproof, spray-on, disappearing colored sunblock for kids, and day-long protection. The requirements for sunscreens vary by country. The standards for U.S. sunscreens are lax compared to those required by Australia. Sunscreens in Australia must prevent the ability to withstand two hours of rapidly moving water, which prevents wash off or sweat off. U.S. standards require effectiveness only after 30 minutes of standing water.

HomeWork #1

Page 6
james's charactristics:
Hardworking
Creative
Ambitious
Selfreliant
a.)When he was in HighSchool he sold newspapers and cigarettes so he can pay for his schooling.
b.)he discoverd that he wag good at woodworking
c.)he will never be succesful if he will stay being just a worker.

Page 8
Marie's characteristics:
Hardworking
Percivirance
Ambitious
Satisfied
Confident
a.)They are both hardworking and creative
b.)james didnt finished college while marie did.
c.)it was not easy for her to establish a good reputation at first,but she believed in her skills ang the potentials of her business.
d.)they are both creative and hardworking 

Page 9
Entertainment:
a.Disney-Walter Disney
b.Michael jackson-King of Pop
c.Charice pempengo-Singer/Actress

Education:
a.Webster-William Webster
b.NBS-Maria Socorro Cantio
c.Microsoft-Bilgates

FoodService:
a.KFC-Colonel Harlan Sanders
b.Mcdonalds-Rey Arthur
c.Jollibee-Tony tan cakitong

Agriculture:
a.Fortune (cigarette)-Lucio tan
b.Tanduay-Lucio Tan
c.Minning-John Moa



-Jath Sta.Maria
I-AMETHYST

HomeWork # 3

Personal Entrepreneurial Competencies 


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
-Jathnielle Sta.Maria
I-AMETHYST