ENTREPRENEURSHIP

It is both an art and a

science of converting ideas into highly

marketable goods and services that will

improve man’s quality of life.

• Marketing

• Entrepreneurship

• Entrepreneur

• Innovation

The key concept of entrepreneurship is

• PRODUCTIVITY

• MATERIALS

• INNOVATION

• MONEY

An entrepreneur is an innovator who...

• does new things and

  does things in a new

  way

• Develops possible market

• Generate additional income for the family

• Encourages more research/studies and

  inventions of machines and equipment for

  domestic consumption

Entrepreneur is an innovator who...

• Develops entrepreneurial qualities and

  positive attitudes among potential

  entrepreneurs to bring about significant

  changes in the rural areas

• Create employment for others

• Provide self-employment

• Supplies new product

those who launched

their own business from scratch, they

develop scarce resources into successful

business by their instinct, sense of timing

and hard work and ides producing activity.

• Entrepreneurship

• Innovation

• Entrepreneurs

• Seller

PECS

• permanent entrepreneurship competence

• personal entrepreneurial competencies

• personal entrepreneurial competent

• person entrepreneurial competencies

When entrepreneurs put up a business,

they oftentimes need to hire or employ at

least one or two to hundreds of other

people in order to get something done.

• Entrepreneurship contributes to

  more equitable distribution of income

  and therefore eases social unrest.

• Entrepreneurship improves the

  quality of life

• Entrepreneurship utilizes and

  mobilizes resources to make the

  country productive

• Entrepreneurship creates employment

Entrepreneurs continuously search,

identify and/or develop raw materials

needed for the production of goods and

services.

• Entrepreneurship creates employment

• Entrepreneurship contributes to

  more equitable distribution of income

  and therefore eases social unrest.

• Entrepreneurship improves the

  quality of life

• Entrepreneurship utilizes and

  mobilizes resources to make the

  country productive

Entrepreneurial undertakings

contribute significantly to the continuous

improvement of living standards.

• Entrepreneurship brings social

  benefits through the government.

• Entrepreneurship utilizes and

  mobilizes resources to make the

  country productive

• Entrepreneurship contributes to

  more equitable distribution of income

  and therefore eases social unrest.

• Entrepreneurship improves the

  quality of life

With the revenues the government

collects from taxes, duties and licenses by the

entrepreneurs (not to mention income tax

the entrepreneurs’ workers pay) the

government allocates the disbursement of

these revenues to different services and

projects for communities.

• Entrepreneurship brings social

  benefits through the government.

• Entrepreneurship contributes to

  more equitable distribution of income

  and therefore eases social unrest.

• Entrepreneurship creates employment

• Entrepreneurship improves the

  quality of life