Uploaded by CHRIZIA MAE Maglangit

Entrepreneurship Course Syllabus

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Entrepreneurship
This course dwells on basic
entrepreneurial concepts and practices. It
includes topics such as personal
entrepreneurial concepts, environment,
and market.
by Chrizia Mae Maglangit
LEARNING OUTCOMES
1. Acquire a foundational understanding of entrepreneurship to understand its
to understand its nature and scope
2. Develop personal traits/behaviors to foster successful entrepreneurial
entrepreneurial performance.
3. Acquire knowledge of business ownership to establish and continue business
and continue business operations.
4. Demonstrate a customer-service mindset.
5. Reinforce service orientation through communication.
6. Identify the impact of small business/entrepreneurship on market economies.
MAJOR COURSE
REQUIREMENTS
1. Business Plan
2. Business Pitching
3. Major Examinations
4. Accomplished Learning Tasks
5. Summative and Formative Test
6. Active participation in academic exchange.
GRADING SCHEME:
Class Standing
Requirements
Major Examination
Total
Breakdown For Class Standing:
Attendance
Oral Participation
Quiz
TOTAL
- 5%
- 10%
- 15%
- 30%
- 30%
- 40%
- 30%
- 100%
Breakdown for Requirements:
Performance Task/Output
Activity Sheet
TOTAL
- 20%
- 20%
- 40%
The Concept of Entrepreneurship
1
word "entrepreneur" originates
Etymology The
from the French verb "enterprendre,"
meaning "to undertake." This
etymology highlights the proactive
nature of entrepreneurship.
2
3
4
Definition
Entrepreneurship is the process of
creating an enterprise, with
entrepreneurs being the innovators
and risk-takers who drive this
process.
Key Aspects Entrepreneurs are characterized by
their willingness to take risks,
generate unique ideas, and provide
profitable solutions to market and
societal needs.
Impact
Through their innovative efforts,
entrepreneurs create value and drive
economic growth, often disrupting
existing markets or creating entirely
new ones.
Relevance of Entrepreneurship to Organizations
Development of Managerial
Capabilities
Entrepreneurship serves as
a crucible for developing
crucial managerial skills. As
entrepreneurs navigate the
challenges of building and
running a business, they
hone their abilities in
leadership, decisionmaking, strategic planning,
and resource management.
Creation of Organizations
Economic and Social Impact
The entrepreneurial spirit
drives the formation of new
organizations, fostering
innovation and competition
in the market. This
continuous creation of new
entities helps to invigorate
the economy and spur
technological
advancements.
Entrepreneurship plays a
vital role in improving
individual standards of
living and driving broader
economic development.
Successful ventures create
jobs, generate wealth, and
often contribute to solving
societal problems,
benefiting both the
entrepreneur and the
community at large.
Personality Factors Affecting
Entrepreneurship
1
Initiative and Proactivity
Successful entrepreneurs demonstrate the ability to take action without prompting
and to identify and seize opportunities proactively. This forward-thinking approach
allows them to stay ahead of market trends and competition.
2
Problem-Solving and Perseverance
Entrepreneurs excel at finding innovative solutions to challenges and maintaining
positive relationships. Their perseverance enables them to overcome obstacles and
see projects through to completion, regardless of the difficulties encountered.
3
Persuasion and Planning
The ability to convince others of the value of their ideas and products is crucial for
entrepreneurs. Equally important is their capacity for meticulous planning and
monitoring, ensuring that their visions are effectively executed.
4
Calculated Risk-Taking
While entrepreneurs are willing to take risks, they do so after careful consideration
and calculation. This balanced approach to risk allows them to pursue innovative
ideas while minimizing potential negative outcomes.
Environmental Factors
Influencing Entrepreneurship
Political and Legal Landscape
The political climate and legal system of a region significantly impact
entrepreneurial activities. Favorable policies, such as tax incentives or
streamlined business registration processes, can foster a thriving
entrepreneurial ecosystem.
Economic Conditions
The overall economic health of a country or region plays a crucial role in
entrepreneurship. Factors like GDP growth, inflation rates, and access to
capital can either encourage or hinder new business ventures.
Social and Cultural Factors
Societal attitudes towards entrepreneurship, along with cultural norms and
values, can greatly influence the prevalence and success of entrepreneurial
endeavors in a given community.
Market Dynamics
The state of the market, including consumer trends, competition levels, and
technological advancements, shapes the opportunities and challenges
faced by entrepreneurs in different industries.
Core Competencies in Entrepreneurship
Economic and Dynamic Activity
Entrepreneurship is fundamentally an economic activity focused on
creating value and wealth through optimal resource utilization. It
involves constant adaptation to changing market conditions.
Innovation and Creativity
At the heart of entrepreneurship lies the ability to innovate.
Entrepreneurs must continuously seek new ideas and creative
solutions to stay competitive and meet evolving market demands.
Profit Potential
The pursuit of profit drives entrepreneurial efforts. Successful
entrepreneurs identify opportunities that not only solve problems
but also offer significant financial returns.
Risk Management
Entrepreneurship inherently involves risk-taking. However,
successful entrepreneurs excel at calculating and managing these
risks to minimize potential losses while maximizing opportunities.
Choose 1entrepreneur in your community or nearby places
and conduct an interview using the guide questions below:
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