h.e. 1st grading

• Miuccia Prada is a succesful businesswonan, CEO and lead designer of the handbag and fashion empire PRADA
• Entrepreneurship is a process of innovation and new venture creation
• Entrepreneurship is both an art and science of converting ideas into marketable goods and services
• Entrepreneurs are people who have the ability to see and evaluate business opportunities
• Entrepreneurs are people who innovate (Schumpeter 1934)
• Entrepreneurs are people who allocate and manage the factors of production and bear risk (Marshall, 1920)
• PECS - Personal Entrepreneurial Competencies
• achievement cluster - geared toward fulfilling or realizing desired targets
• opportunity seeking - good eye for spotting business opportunities
• persistence - do not easily give up in the face of obstacles
• commitment to the work contract - do their best to satisfy customers and to deliver what is promised
• risk taking - taking calculated risk and doing tasks that are moderately challenging
• demand for efficiency and quality - exceeds existing standards of excellence and exerts efforts to improve past performance and do things beter
• planning cluster - composed of traits that are necessary in formulating programs, projects, activities and policies
• goal setting - (smart)
• information seeking - update themselves with new information about her customers, the market etc.
• systematic planning and monitoring - develop and use logical, step-by-step plans to reach their goals
• power cluster - aim to assist a person in building and fulfilling his/her desired future
• persuasion and networking - use the right strategies to influence or persuade other people
• self confidence - strong belief in themselves and their own abilities
• environment - physical surrounding you live in
• market - place where exchange of goods orservices
• needlecraft - art or process of working with a needle for construction of products and articles
• embroidery - art or process of decorating fabrics with thread or yarn colour using needle
• embroidery - one of the excellent sources of income and also admired and well-loved products in the international market such as Indonesia, Malaysia, Japan, America and other countries in Europe
• Spanish Regime - embroidery started during the _
• Filipino women - one of the most skillful embroiderer in the world
• Lumban, Laguna - embroidery capital of the philippines
• Jusi and Pina - embroidered by hand and finished products are known as Barong tagalog for men and Saya for women
• Paranaque, Rizal Province and Taal Batangas - towns in the philippines.
• embroidery needle - short piece of steel with fine point at one end and a little opening or eye at the other
• crewel - sizes 1-10 and sharp pointed, medium length with large eyes for easy threading and is also used for most standard embroidery stutching
• chenille - sizes 13-26, thicker and longer
• tapestry - sizes 13- 26 similar in size to chenille's but are blunt rather than sharp
• embroidery scissors - sharp, pointed, and curved upward
• stiletto - used in making eyelets
• embroidery frame or hoops - keep the fabric stretched
• gauge or ruler - used to measure short distances
• tape measure - measuring more than one-foot distances
• thimbles - protect the middle finger and push needle while doing embroidery work