Professional Documents
Culture Documents
Business Simulation
Business Simulation
Know – I know that business idea is expressed by the 1. to respond to market needs – para mabigay ang
creativity of an individual specially businessman/woman needs ng mga customers
to gain money 2. to respond to changing fashions and requirements –
Want to know – I want to know how further my dahil nagbabago ang mga trends or taste ng mga tao
creativity can be as I generate my own business ideas 3. to stay ahead of the competition – since each day is
Learned – an opportunity for innovative ideas for businesses, we
need to stay ahead to our competitors.
Importance to Generate Ideas
4. to exploit technology to do things better – maximize
Know – I know that it is important to generate our own the use of technology to produce better business or
ideas to avoid conflict in the future. One conflict is being products
subjected to plagiarism
5. because of product life cycle - May mga products po
Want to know – I want to know more about the kasing tinatanggal sa market and we need to generate
importance of generating ideas ideas para mapunan ‘yung nawala
Learned – 6. to spread risk and allow for failure – Example po
niyan is ‘yung trial and error method. The more the
Guide Questions:
business generates ideas, the more na magiimprove
1. I know that business idea is expressed by the tayo. Malalaman natin ang risk ng business na naisip
creativity of an individual specially natin. Kahit na failure po ito, may benefit pa rin naman
businessman/woman to gain money and it is po
important to generate our own ideas to avoid
conflict in the future. One conflict I can think of
is being subjected to plagiarism SOURCES OF BUSINESS IDEAS
2. How can an aspiring entrepreneur generate
business ideas that can assure them 100% that 1. Hobbies/interests – it serves as their motivation
it will succeed? to establish a business
2. Personal skills and experience -
3. Franchises – may name na siya sa field, kaya
mabilis lang ang pagsuccess ng business. Pero,
wala kang sariling identity.
1. Darian po can consider establishing a printing 4. Mass media (newspapers, magazines, tv, and
business internet) – it influences an individual to
2. Enzo can consider making various foods and sell establish a business
it po in their subdivision or via online 5. Exhibitions – due to various products in the
3. Zeny can consider selling via online coffee or exhibit, pwede makapag-generate ng ideas
coffee beans 6. Surveys – generate ideas to provide a solution
7. Complaints – observation sa mga complaints ng
Trends, environmental issues mga ibang tao, we can generate ideas
8. Brainstorming – pag-analyze ng mga trendy, or 3. Examine the characteristics of a good business
mga kailangan ng mga tao, we can generate opportunity
ideas
9. Creativity – by being creative and extra,
nagiging innovative and sensible ‘yung ideas characteristics of a good business opportunity
when establishing a business
1. Real demand – na-sasatisfy ‘yung
CREATIVITY pangangailangan ng tao na willing bilhin ng
target market
- ability to design, form, make, or do something in a new
2. Return on investment – nag-take ka ng risk,
different way
kumita ka in the end
- you need to keep your mind and eyes open (be 3. Be competitive – if you’re competitive enough,
observant) makaka-catch up ka sa mga nagsisilabasang
bagong products
- come
4. Meet objectives – meeting the set objectives
means na nag-success ang business mo
5. Availability of resources and competencies – it
BRAINSTORMING is easy to take risk if available ang resources
- 2 heads are better than 1 IDENTIFYING AND ASSESSING BUSINESS
- come up with as many ideas as possible OPPORTUNITIES