Thursday, July 21, 2011
Wednesday, July 20, 2011
Wednesday, June 22, 2011
ICT assignment
Famous Successful Filipino Entrepreneur
1. Henry Sy. As a child, Henry Sy used to work twelve hours a day to help his father run their small family-owned convenience store. During the Second World War, their store was looted and burned so the young Sy switched to buying whatever he could to sell for a profit. Hard times and a humble background in retail shaped and molded the young Sy. Today, he is touted by the business community as the richest man in the Philippines. With over fifty malls and stores of various sizes, the most recognized of all famous Filipino businessmen has foothold in virtually all the major cities in the Philippines. They recently even expanded to Guam and China. To date, three of the ten largest malls in the world are owned and operated by his company.
1. Henry Sy. As a child, Henry Sy used to work twelve hours a day to help his father run their small family-owned convenience store. During the Second World War, their store was looted and burned so the young Sy switched to buying whatever he could to sell for a profit. Hard times and a humble background in retail shaped and molded the young Sy. Today, he is touted by the business community as the richest man in the Philippines. With over fifty malls and stores of various sizes, the most recognized of all famous Filipino businessmen has foothold in virtually all the major cities in the Philippines. They recently even expanded to Guam and China. To date, three of the ten largest malls in the world are owned and operated by his company.
2. Lucio Tan. Lucio Tan worked as a janitor in a cigarette factory. After a few promotions, he eventually resigned and started his own tobacco company. His tobacco company grew to capture a 60% share of the Philippine market. With its strong revenues, Tan was able to diversify. This famous Filipino businessman now owns several prominent Philippine companies, many of which are blue-chippers. Among the top businessmen, Tan is arguably the most enigmatic. Among his contemporaries, he is probably accessible and prefers to stay out of the limelight.
3. John Gokongwei. Another self-made man is John Gokongwei who lost his father at the age of thirteen. He had to work hard to help support his family by selling simple products like candles, soap and thread in a small local market and was able to expand to sell more lucrative products. He did this for many years until he ventured into the profitable instant coffee business. Nescafe of Nestle was the only instant coffee readily brand readily available so he focused on developing his own brand of instant coffee – Blend 45. His company did incredibly well and generated enough profits to develop other brands. Almost all of the famous Filipino food and beverage brands Gokongwei created are now market leaders in their respective categories. He eventually made his way in the local retail industry by building and running his own chain of successful shopping malls.
Friday, June 17, 2011
Monday, June 13, 2011
ict assignment no.4
Different Entrepreneurial Characteristics under PECs:
1.Vigilance for oppurtunities
Ex:
Cheri observed that some of the High school students in New San Jose needs to go to the plaza just to make their projects,reports and some assignments that needs to be typewritten on computer shops.Because she had a capital and already ready for business,she made her own computer shop to help the high school students in their
assignments,reports and projects.
2.Commitment to work contract.
Ex:
Paolo sometimes finds it hard to finish typing job because he also has his own papers to work on.But paolo does his best finish the tasks that his classmates entrusts him.
3.Persistence
Ex:
Because paolo is swamped with typing jobs,paolo sometimes mixes up his classmates papers and type the wrong items.Instead of losing his patience and quitting,he revises his work until he gets things right.
4.Willingness to Take Risks.
Ex:
Soon, paolo has saved enough money to buy a second computer.It was a lot of money for a first year student like him,but he knew that he would gain more profit from it by renting it out.
5.Demand for efficiency and quality.
Ex:Paolo practices accurate typing and improves his speed.He does this to make sure he is able to come up with the best results at the fastest time possible.
6.Goal setting.
Ex:
Soon,many of paolo`s classmates frequent his house to take turns renting his computers. He then resolved to use all his profits to buy two or more secondhand computers in the next two months.
7. Information seeking.
His classmates started asking him to apply for an internet connection so they wont have to rent outside to do their research.He made inquiries about the best internet service provider in his area and the most ideal package for his purposes.
8.Systematic Planning and Monitoring
Ex:
Having acquired two more computers,he carefully planned on additional software to install in the units so that the system will not slow down.
9.Persuasion and Networking
Ex:After installing the necessary applications, he convinced his classmates that they will have access to all the software they will need to do their assignments.He was also able to convince them to pass the news around about his superior services.
10.Self Confidence
Ex::
Although there are bigger computer shops around,Paolo`s classmates still prefer to use his computers.This is because he shows total belief in the advantages of his services ocer the more expensive and impersonal shops.
1.Vigilance for oppurtunities
Ex:
Cheri observed that some of the High school students in New San Jose needs to go to the plaza just to make their projects,reports and some assignments that needs to be typewritten on computer shops.Because she had a capital and already ready for business,she made her own computer shop to help the high school students in their
assignments,reports and projects.
2.Commitment to work contract.
Ex:
Paolo sometimes finds it hard to finish typing job because he also has his own papers to work on.But paolo does his best finish the tasks that his classmates entrusts him.
3.Persistence
Ex:
Because paolo is swamped with typing jobs,paolo sometimes mixes up his classmates papers and type the wrong items.Instead of losing his patience and quitting,he revises his work until he gets things right.
4.Willingness to Take Risks.
Ex:
Soon, paolo has saved enough money to buy a second computer.It was a lot of money for a first year student like him,but he knew that he would gain more profit from it by renting it out.
5.Demand for efficiency and quality.
Ex:Paolo practices accurate typing and improves his speed.He does this to make sure he is able to come up with the best results at the fastest time possible.
6.Goal setting.
Ex:
Soon,many of paolo`s classmates frequent his house to take turns renting his computers. He then resolved to use all his profits to buy two or more secondhand computers in the next two months.
7. Information seeking.
His classmates started asking him to apply for an internet connection so they wont have to rent outside to do their research.He made inquiries about the best internet service provider in his area and the most ideal package for his purposes.
8.Systematic Planning and Monitoring
Ex:
Having acquired two more computers,he carefully planned on additional software to install in the units so that the system will not slow down.
9.Persuasion and Networking
Ex:After installing the necessary applications, he convinced his classmates that they will have access to all the software they will need to do their assignments.He was also able to convince them to pass the news around about his superior services.
10.Self Confidence
Ex::
Although there are bigger computer shops around,Paolo`s classmates still prefer to use his computers.This is because he shows total belief in the advantages of his services ocer the more expensive and impersonal shops.
Saturday, June 11, 2011
PECs(Personal Entrepreneurial Competencies)
Economies grow because there are entrepreneurs who make new products and improve existing ones.They prosper with free enterprise,the freedom to engage in business without control by the government,which gives aspiring businessman a chance to compete.
Every time a new entrepreneur enters a field,new challenges come up for businesses to improve their products,thus benefiting the consumer.
The success of a businessperson greatly depends on a certain set of characteristics called Personal Entrepreneurial Competencies or PECs.These are the characteristics that you encountered in the previous activity.
In business, it is not enough to have fondness and skills for a trade.These traits must also work with other qualities to make an enterprise work.PECs represent this set of entrepreneurial characteristics ,which play a major role in the success of the entrepreneur.
Different PECs:
1.Vigilance for Opportunities.
2.Commitment to work contract.
3.Persistence.
4.Willingness to take Risks.
5.Demand for efficiency and quality.
6.Goal Setting.
7.Information Seeking.
Every time a new entrepreneur enters a field,new challenges come up for businesses to improve their products,thus benefiting the consumer.
The success of a businessperson greatly depends on a certain set of characteristics called Personal Entrepreneurial Competencies or PECs.These are the characteristics that you encountered in the previous activity.
In business, it is not enough to have fondness and skills for a trade.These traits must also work with other qualities to make an enterprise work.PECs represent this set of entrepreneurial characteristics ,which play a major role in the success of the entrepreneur.
Different PECs:
1.Vigilance for Opportunities.
2.Commitment to work contract.
3.Persistence.
4.Willingness to take Risks.
5.Demand for efficiency and quality.
6.Goal Setting.
7.Information Seeking.
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