Entrepreneurial Psychology Hw

ENTRPSY K32

Lambarte, Keisha

1. “I find the influx of foreign performers in the country is a/an (threat or opportunity) because…”

Aside from learning how to innovate in business, one has to strategize and prepare for any possible competitions in the business world that may enter regardless of the nationality or race.

2. “The incoming national election is a source of opportunity for…”

Entrepreneurs need to always be up to date with what the trends are and what are being talked about by their demographics, and this may also come from the national elections. National elections are also a time where people would be willing to invest on anything that is related to their politicians.

3. “Crisis for me is/should be…”

Entrepreneurship is always put together with innovation, and innovation is created at the most unexpected times and even at times with crisis or problems. This would fuel entrepreneurs to find a solution on any crisis they may face, and one has to learn first how to handle it calmly to be able to innovate.

4. “The common national problem for me is not a problem at all because…”

Being an Entrepreneur is not only concerned with their business’ profits but also with the corporate social responsibility, and if doing the business would improve the country for the better then one can say that they are an effective entrepreneur.

5. “The concept of 2015 SEA Integration will be (good/detrimental) to the country because…”

Philippines is entering a new playing field with ASEAN integration, new business competitions would rise up, and it concerns Entrepreneurship because handling a business in the Philippines is not the same when you include other countries that can become accessible once this integration succeeds.