part 3 ni gut game

Cards (17)

  • Enterprise Strategy
    Set of choices and actions geared toward gaining a sustainable competitive advantage
  • Process of Enterprise Delivery System
    1. Input
    2. Throughput
    3. Output
    4. Marketing
    5. Outcome
  • Outcome
    • High customer satisfaction levels
    • High sales volume, market share, and market reach
    • High financial returns
    • High people's performance, productivity, and morale levels
  • Financial Forecast
    Capital investment and sources of funding in the operation of the business
  • 3 Types of basic report/projections used in business plan
    • Balance sheet
    • Income statement
    • Cash flow statement
  • Balance sheet
    Shows the financial position of the enterprise as of the given period of time, including assets and liabilities
  • Income statement
    Shows the revenues, cost of goods sold, operating expenses, other income & expenses, financing cost, income taxes, and bottom-line figures
  • Cash flow statement
    A projection of money receipts and expense payments, showing how and when money flows through the business and providing verification of whether a company has enough liquidity or money to pay its expenses
  • Environmental & Regulatory Compliance
    • Tax Identification number (TIN)
    • Barangay Clearance
    • Department of Trade and Industry Certificate - Business Name Registration Certificate
    • Mayor's Permit/Business Permit
    • Sanitation Permit and Fire Clearance
    • Securities and Exchange Commission (SEC) Certificate
  • Capital Structure
    The combination of debt and equity to use as the company's fund and finance its operations
  • Equity Capital

    • Contributed capital
    • Retained capital
  • Debt Capital
    • Long-term bonds
    • Vendor Financing
    • Policyholder Float Financing
  • Opportunity Seeking
    An idea that has commercial potential, something you can make money with, develop a business around it, or create value with it
  • Characteristics of a Good Business Opportunity
    • Innovation
    • Passion
    • Scalability
    • Creativity
    • Profitability
    • Adaptability
    • Motivation
    • Real Demand
    • Risk taker
    • Sustainability
    • Vision
    • Curiosity
    • Goal mindset
    • Growing market
    • Identified market need or gap
    • Low capital requirement
    • Manageable risks
    • Risk tolerance
    • Solve the problem
  • Entrepreneurial Mind Frame
    Allows the entrepreneur to see things in a very positive and optimistic light in the midst of crisis or difficult situations, using these as inspiration to create something innovative
  • Entrepreneurial Heart Flame
    Driven by passion, drawn to find fulfillment in the act and process of discovery; about emotional intelligence, manifested in efforts to nurture relationships with customers, employees, and suppliers, and looking after their interests by motivating and encouraging them
  • Entrepreneurial Gut Game
    The ability to sense without using the five senses, intuition; the courage or "lakas ng loob" (strong intestinal fortitude), confidence in one's self and the firm belief that everything is within reach so long as you aspire for it