ENTREPRENEURSHIP

• Macro


  large-scale; overall
• Environmental 


  caused by the surroundings in which someone lives, or something exist
• Source 


  place something comes from or starts at, or the cause of something
• Opportunities 


  good chance for advancement or progress
• MESO


  big (external) forces that affect the are, the industry, and the market which the enterprise belongs to
• Socio Cultural Environment 


  demographic and cultural factors including beliefs, tastes, customs and traditions
• Social forces


  elements of the society resulting from human interactions that can influence the thoughts, behavior, attitude, action, and even the beliefs and customs of the people
• Social forces 


  this may include values, traditions, literacy level, or consumer psychology
• Feminism 


  advocacy of gender equality that supports giving women significant tasks in the community
• Non-consumption of blood or pork


  may affect the customers’ purchase of products
• Cultural forces 


  integrated characteristics of a group of people or ethnic group in a particular society.
• Cultural diversity 


  manifested in the Philippines due to the presence of different ethnic groups with different languages and traditions.
• Cultural diversity 


  certain practice of one group might be unacceptable with another group
• Pinikpikan of the Cordillera region 


  chicken dish wherein during the preparation, the chicken is slightly hit on its neck and wings for its blood to coagulate
• Pinikpikan of the Cordillera region 


  process is considered a trial ritual that their people use to identify the fate of their tribe and might not be acceptable to some animal advocates
• Political Environment 


  governance system of an area or the local region of the business enterprise
• Political Environment 


  not limited to laws, rules, and regulations that control their business practices along with permits, approvals, and licenses required to manage a business
• Political Environment 


  voluminous documentary requirements in every government office
• Economic Environment 


  income level of a region which in turn dictates the purchasing power of the customers
• Economic Environment 


  competitiveness of its industries and enterprises also defines this type of environment
• Bataan 


  industrial province with all the industries that can be seen here: from garments to fuel to powerplants
• Bataan


  creates employment to its citizens, improving the quality of their lives
• Bataan


  opens opportunities for business such as food, transportation, house rentals or laundry services
• Ecological Environment 


  living and non-living things around us
• Opportunities for business 


  Ecological Environment

  • growing environmental awareness for taking care of our planet and prolonging of lives opens _____
• Ecological Environment 


  clean and green earth and healthier living gives birth to ideas such as air filters, energy saving devices and the likes
• Envirotech Waste Recycling 


  gathers plastic trash such as chips packaging, plastic straws, shampoo sachets, plastic bags, candy wrappers and the likes and transform them into building materials and even furniture
• Climate 


  average weather in a particular area over a long period of time
• Philippines as a tropical-maritime county 


  climate characterized by relatively high temperature, high humidity and abundant rainfall visited by several typhoons in a year
• Batanes


  frequently visited by typhoons making it difficult for farmers to grow crops such as corn or rice. Instead, they grow root crops like ube, gabi, garlic, ginger and onions that have lower destruction risk
• Physical Resources 


  tangible items that are necessary and available for a business to function
• Physical Resources 


  Abundance of seafoods in Bataan gives birth to business opportunities such as fish trading, bagoong, dried fish and smoked fish (tinapa) making and similar products.
• Wildlife 


  flora (plants) and fauna (animals)
• Wildlife 


  preservation must also be taken into consideration during opportunity seeking
• Wildlife 


  Continuous cutting of trees and hunting animals cause imbalance in the ecosystem.
• it emits carbon dioxide in the atmosphere when burned and releases methane when rotten


  Paper, as simple as it seems, brings damage to the environment. Trees are cut down to be used as material for paper production. Even after use, _____
• Countryside Trading 


  manufactures newsprint (recycled papers) as an alternative to the usual papers that we use for printing and writing
• Technological Environment 


  One of the nightmares of entrepreneurs is to be left behind by the newest trends and technological discoveries that will make their own products obsolete
• Online applications Paymaya (now Maya) or GCash


  used for cashless payments