ASSIGNMENT # 1

Read pages 6-8
Answer pages 6-9


What are the characteristics that helped James succeed? 

• patient
• resourceful
• hard working
• thrifty
• responsible

How did James acquire his trait of being hard working?

James acquire his trait of being hard working through being oriented when he's doing job when he's still in high school.


What did he discover during his TLE classes in high school?

James discovered that he was good in wood working.


What could have happened if James chose to work for another company rather than start his own business when he lost his first job?

He might just work for another company lifelong and he might not be able to be the owner of one of the most successful companies in the country.

Enumerate Marie's characteristics that helped her become a successful entrepreneur? 

• determined
• hard working
• patient
• industrious

 What are the similarities between the stories of James and Marie?

The similarities between the stories of James and Marie is that they pursued what they really want and worked hard to achieve their goals.


How did their educational training differ?

Marie studied college while James work after high school because he was not able to study collegedue to poverty.

What made Marie's business somewhat risky at first? How did she feel about it?

Marie had trouble in gaining reputation at first but she believe in her skills and the potentials of her business.

What common traits did Marie and James have that helped them succeed as entrepreneurs?

They are both determined and hard working that helped them to succeed as entrepreneurs.

(DO YOU UNDERSTAND?) 
  
Using the diagram, identify three well-known entrepreneurs who succeeded in their fields. An example is given for you. 


FOOD SERVICE 

1. Tony Tan Caktiong - founder of Jollibee
   
2. Maurice "mac" and Richard "dick" Mcdonald - founder of Mcdonalds
3. Colonel Harland Sanders - founder of Kentucky Friend Chicken (KFC)

ENTERTAINMENT 

1. Mario and Maritz Montejo - Tree top adventure owner 
2. Philip Averill - Ocean Adventure founder
3. Enchanted Kingdom Inc. - Enchanted Kingdom founder 

AGRICULTURE

1.  Jill Matthews - green garden owner
2. Richard Hesse - ACE hardware founder
3. Samuel Curtis Johnson - raid, glade, off, pledge and baygon founder

EDUCATION

1. Maria Socorro Cancio Ramos - National Bookstore founder
2. Juanito and Jovita Fontelera - founders of REX bookstore
3. Dr. Patricia Licuanan - Ateneo founder

(CAN YOU PROVE THIS?)

(1) We have discussed that entrepreneurs affect almost every aspect of our daily lives. Give examples of how they influence our lives in the following areas. 

      a. Health care - It helps us to provide medical needs
      b. Transportation services - Public vehicles or any vehicle helps us to go to a distant place
      c. Communication services - It helps us to connect a person who's far from us
      d. Information technology - It helps us to organize information and variables easier

(2) If you were given a chance to start a business, would you rather start it out of a need of product or service or due to availability of resources? Defend your answer.  

Out of a need of product, because if your product is necessary for all people they will patronize your product, and because of that reason it will be easier to grow your business bigger and bigger.