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1. What is the meaning of PECS?

-PEC's means personal entrepreneur competencies

2.What are the contribute of entreoeneurs to our


economy?
- The entrepreneurs contribute a great deal to the GDP. Entrepreneurshipis
concerned with the production of goods and services in the economy. Thus, it
directly affects employment, revenue generation, and foreign exchange. Therefore,
it affects the whole economy in general.

3. What is the meaning of entrepreneur?


a person who organizes and operates a business or businesses, taking on greater
than normal financial risks in order to do so.

4. Cut and paste pictures of a well known entrepreneurs

George Yang (McDonalds)


You have to think thrice before going into this business," master
McDonald's franchisee George Yang tells Entrepreneur. It took
him five years to convince the All-American hamburger chain to
business in Manila, and competition was fierce when he finally
opened the first McDonald's branch in 1981.

Ben Chan (Bench)


Ben Chan founded Bench with the intention of improving the
quality of Manila's retail scene. Chan credits the clothing line's
success to a number of things: being picky about celebrity
endorsers, having an adventurous attitude in advertising, and
making a lot of mistakes along the way.

Andrew Tan (Megamall)

Tan has yet to open the grocery store he dreamed of as a kid, but as the
CEO of real estate giant Megaworld, he can "build one every week" if he
wants to, says Entrepreneur. Tan’s Megaworld Properties and Holdings is
currently estimated at P30 billion, and its affiliate--Empire East
Landholdings--is considered one of the leaders in the property sector.
Engineer Gregorio G. Sanchez Jr. (Lactopafi)
Gregorio G. Sanchez, Jr. is a civil engineer by profession
formerly engaged in civil construction works. He served
as a Provincial Board Member in Cebu City, where one of
his concerns was the malnutrition among the pigs being
raised.

Mariano Que (Mercury Drugs)


His company may not have been the first drugstore in the
country, but his pioneering spirit behind the
pharmaceutical retail industry paved the way for all the
rest that followed.

Corazon Ong (CDO)


Corazon D. Ong, was a simple homemaker then; a good wife to
his husband Jose who is a professor at the very prestigious
Ateneo de Manila University, and a loving mother to his three
kids – Jerome, Jason & Sharmaine.

5. What is the meaning of TESDA?


- The Technical Education and Skills Development Authority (TESDA)