Robinson Mall JGC Summit, Cebu Pacific Airlines, Universal Robina Corp.

Is the process of determining the company goals and identifying the resources and strategies needed to achieve those goals

Father of modern management theory"

Having courses that cover operations management, leadership and others, one must have a likely keen sense of what type of person is needed to fulfil a certain position.

Entrepreneur Was coined by ______

Carmella homes, villar city, vista mall homes

A German management science educator author

The Classical Capitalism Propagated by _____

a system of political organization. Served a lord and received protection and land in return

One can evaluate a business system procedures and operations. An analyst's goal is to identify places needing improvement and suggest ways to make a business work efficiently

Refers to the economic system characterized by minimal gov't intervention & regulation.

to determine something's significance, value or worth. Like a math problem, facts in business must also be evaluated using a fixed set of criteria that will lead to an answer.

is the process of starting and running a new business, involving, risk taking, and the creation of products.

One can write articles or cover a local business beat.

created by individuals who assume the major risks in terms of equity, time and career commitment of providing value for some product or service.

San Miguel Corp, Magnolia, Purefoods, Skyway, Petron

Known as management functions

One must understand with business concepts, procedures and practices

convert the ideas of the c-level folks into execution.

function of manning the organization structure and keeping it manned. The main purpose: to put the right man on the right job

the process of collating the physical, financial and human resources and developing a productive relationship among them.

activates the organizational processes to work efficiently for the achievement of organizational purposes.

is the person behind entrepreneurship, possessing unique characteristics and traits. They directly manage the business. To understand an entrepreneur better, it's important to identify their tasks, roles, characteristics, and approaches that enable them to create new wealth and generate value.

understand entrepreneurship to successfully start and run their own businesses, though it's challenging, especially for those without experience.

SMES means?

The word Entrepreneur originated from French word _____, which means,____?

is about gearing towards self-employment, often involving small and medium-sized businesses.

Teach students the benefits of math to business, history of innovation and the literature to persuasive advertising.

Provide advice about a pressing business issue. Give solutions on how to streamline operations. Guides businesses on how to expand into a new market.

National bookstore

The term laissez-faire translate to _____ or ____ signifying the belief that markets should operate who gov't interference.

Elements of directing

SM Malls, SMDC, BDO

Need to know how to represent a company, manage accounts and generate profit.

ensure that everything follows the standards set forth.

Jollibee Foods Corp.

Being able to raise funds requires understanding the importance of business and networking relationships.

Philippine Airlines, LA, Toncleña Distilliers

The product or service may not be new or unique, but the entrepreneur must somehow infuse value by securing and allocating the necessary skills and resources.

Laissez-Faire Principle or ____

the motive to make a profit.