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Course Overview

Session 2. Course Overview. Powerpoint Presentation by: RUDOLPH D. VELASCO Entrepreneurship and Business Planning. Definition - Entrepreneurship. - new and different ways of doing things like technology, marketing, human relations, management and so forth ( Fajardo , 1994)

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Course Overview

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  1. Session 2 Course Overview Powerpoint Presentation by: RUDOLPH D. VELASCO Entrepreneurship and Business Planning

  2. Definition - Entrepreneurship - new and different ways of doing things like technology, marketing, human relations, management and so forth (Fajardo, 1994) • - the capacity for innovation, investment and expansion in new markets, products and techniques. • - is more than a word. It is a mission. We must perceive opportunities inherent in change. We must create a desire for pursuing the opportunities that arise and we must create an environment in which success is possible and the consequences of failure are tloerable

  3. The Philippine Economy • The Colonial Rule • The Chinese dominated the trade from Batanes to Sulu • Contributions of Spanish Rule: • Enconmiendas • Galleon Trade • Tobacco Monopoly • United States • Payne-Aldrich Act • All goods that entered the Philippines are tax free • Japan • Co-prosperity Sphere to Southeast Asia • The Republic • Bell trade Act of 1946 • The right to give American Businessmen to exploit our natural resources, to operate public utilities and other businesses and to enjoy pre-war free trade agreement. • Filipino First Policy • Filipinos preferential treatment in the Philippine Economy

  4. The Philippine Economy • The Martial Law Regime • Devastation and political instability • Protected the interest of the local elite and foreign capitalists. • PNB and DBP were bankrupt • Crony capitalism and dictatorship led to the destruction of the economy and society. • The Post Martial Law Regime • Aquino – Rebuilding and improvement of the economy • Ramos –Given priorities to the market economy, problems of energy, peace and order and the strengthening of the local government units.

  5. Fundamental Economic Problem Unemployment

  6. Other Matters Learning Materials and Powerpoint Lectures are available online http://rdvonlineclassroom.weebly.com

  7. End of Presentation

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