This course deals with the concepts, underlying principles,
processes and implementation of a business plan. The preliminaries of this course include the following: 1) discussion on the relevance of the course; 2) explanation of key concepts of common competencies; 3) explanation of core competencies relative to the course; and 4) exploration of career opportunities. Grading System
2. Key concepts and common competencies 3. Core competency in Entrepreneurship 4. Career opportunities What is Entrepreneurship? The term came from the French world entreprende which means “to undertake”. In his classic work The Theory of Economic Development, Joseph Schumpeter emphasized the role of Entrepreneurship in the process of economic transformation. en·tre·pre·neur·ship
the activity of setting up a business or
businesses, taking on financial risks in the hope of profit. Entrepreneur Merriam-Webster an entrepreneur is “a person who starts a business and is willing to risk loss in order to make money.” The Oxford English Dictionary’s an entrepreneur is “a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.” The Macmillan English Dictionary —“Someone who uses money to start businesses and make business deals”—yet manages to be the least satisfying as well. Introduction 1Relevance of the course.pptx Learning objectives Identify the different types of entrepreneurship. Describe the entrepreneurial process. Describe the typical characteristics of Filipino entrepreneurs. Explain the factors that influence individuals to pursue entrepreneurial outcomes. Explain how entrepreneurs think and how they make decisions. Explain the role of risk and failure in the entrepreneurial process