Entrepreneur Edgar "Injap" Jaruda Sia II example do not copy) Nationality Chinese- Japanese- Filipino Established Mang Inasal Double Dragon Properties In Business & Economy Strategies He sold his company to a much bigger company.
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answer the table and give atleast five successful entrepreneurs
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- What do you think enabled Jack Bonneau to start and grow a successful business at such a young age?1. What is an entrepreneur? How would you analyse a local entrepreneur you are familiar with. 2. “Every entrepreneur needs to be a leader in their company.” Explain with the help of a suitable example. 3. Entrepreneurship is “high-risk but also can be high reward.” Comment.1-Are Babbage and Hull entrepreneurs? Explain ! 2-Compare and contrast their personal qualities !
- 7. Why are personality traits not sufficient for evaluating and predicting successful entrepreneurship? 8. Describe the sociological approach to entrepreneurship. How can this approach be used to promote more entrepreneurship within the economy? 9. If immigrants are a major source of entrepreneurship in an economy, why do most countries limit the number of immigrants they allow in each year?2. A successful entrepreneur may need a support of banking institutions and Non- banking financial institutions. Being an entrepreneur omani, which non- banking financial institutions help is required to run the business smoothly?(1) How can technology help companies replicate thecommunity feel of a small neighborhood business ona global scale? (2) Why do its critics consider stealthmarketing to be unethical?
- The Founder 1) Even though drive-in restaurants were already popular in America in the 1950’s, they were not as successful as the fast food restaurant owned by the MacDonald brothers. List three reasons for this lack of success. 2) What production techniques did the Mac Donald brothers apply in their business to differentiate themselves from other similar restaurants? 3) Why were the MacDonald brothers reluctant to expand their business?What are the common disadvantages of business expansion? 4) Why did the rich franchise owners fail in their business? 5) What did Ray Kroc want to do to lower the costs? Why did the MacDonald brothers refuse to do it? 6) What did Harry Sonneborn, the financial expert, advise Ray Kroc to do tomake more profit? 7) What happened to the MacDonald brothers at the end of the film? Why? 8) Which adjectives would you use to define: a) Ray Kroc b) Mac and Dick MacDonald 9) Do you think that Ray Kroc is a good entrepreneur? Justify. 10) In…The concept of Social corporate entrepreneurship unites the passion of a social mission with an image of business-like discipline, innovation, and determination. KFC implemented the idea by running some of its outlets by dumb and deaf staff. Do you think it was a step to improve its goodwill or a gesture of empathy? How will you justify both the concepts? Explain with pros and cons."Imposing Protectionism can help new businesses/ startups to flourish" - How much do you agree/disagree with the statement.
- Cecilio K. Pedro – Lamoiyan Corporation Cecilio K. Pedro is another Filipino businessman of Chinese descent but his story is not the typical rags-to-riches tale but about turning adversity into triumph. He earned his business management degree at the Ateneo de Manila University, one of the more prestigious private schools in the Philippines. He once headed Aluminum Container, Inc. which was the major supplier of the collapsible aluminum toothpaste tubes that were formerly used by local manufacturers of Colgate-Palmolive, Procter and Gamble and the Philippine Refining Company (now Unilever). However, technological innovations and the environmental concerns over aluminum materials prompted the multinational companies to make use of the plastic- laminated toothpaste tubes as an alternative. As a result, Cecilio’s aluminum factory closed shop in 1985, but this didn’t stop him from exploring other ways to put his factory equipment into good use. Cecilio K Pedro decided to compete with…1. Under the POCD framework, this refers to the vision and mission statements of thecompany:a. Peopleb. Contextc. Opportunityd. Deal2. A common mistake of companies in their quest to create competitive advantage is:a. Lack of analysis on wastageb. Overly priced productsc. Lack of systematic business frameworksd. Inability to manage business3. Ethics theoretically speaking is a moral philosophy because:a. It is not biblicalb. It is a personal choicec. It is taught and practiced in societyd. It begins at home4. Understanding the “Toyota Way” in essence is an example of the study in:a. Ethicsb. Professionalismc. Cultured. Strategies5. This is a common knee jerk reaction by companies when they start losing cash:a. Terminate employeesb. Sell assets, regardlessc. Loan and then put the business under collaterald. File for bankruptcy6. The industry is part of the scope of business ethics because:a. It makes or breaks the employeeb. It influences how your organization behavesc. It can reshape…Although both international and domestic entrepreneurs are concerned with sales, costs, and profits, what differentiates domestic from international entrepreneur-ship is the variation in the relative importance of the factors affecting each decision”. - A) Explain the factors distinguishing domestic and international entrepreneurship with relevant examples