17/05/2024
Entrepreneurial Product Innovations and Simulation: Showcase of Creative Entrepreneurial Minds
On May 15, the Grade 12 Accountancy, Business, and Management (ABM) students all gathered at the SISHS quadrangle to set up stalls to simulate what happens in the world of business.
Spearheaded by Mrs. Florenda Manongas, Business Enterprise Simulation Subject Teacher, the ABM students were tasked to create a business plan to guide them on how to operate and manage their businesses.
At 7:00 AM, the program officially started. The air was filled with a pleasant smell, and an atmosphere similar to that of a festival enveloped the quadrangle. All of the ABM students finished setting up their stalls, just in time for the break-time of all the students.
All of the students from the different strands and track all rushed down to check out what the ABM 12 had created for them. The quadrangle was filled with stalls, showcasing different products from the creative minds of the future entrepreneurs. The Grade 12 ABM students employed different promotional strategies from their business plans, such as giving free drinks for every purchase, giving items such as photo cards for every purchase of a bundle, providing discounts, and many more.
After the program concluded, everything was sold out, the Grade 12 ABM students cheered as they not only met their quota, but also gained more than what they needed to, showcasing the potential to be a great entrepreneur. Shortly after, groups calculated their net profit, and it showed that everyone gained profit from their selling. The Business Enterprise Simulation turned out to be successful. Mrs. Florenda Manongas congratulated everyone and thanked them for their cooperation, complimenting them and giving everyone a pat on the back for their good work.
The Entrepreneurial Product Innovations and Simulation program was a good opportunity to let ABM students experience what really happens when running a business, showing the work that happens behind the scenes, the struggles of setting up the stall and attracting customers, and the amount of time and effort needed to operate and manage a business.
๐ผ๏ธ ๐ฃ๐๐ฏ๐น๐ถ๐๐ต๐ฒ๐ฑ ๐๐: ๐๐ฟ๐ถ๐ฎ๐ป ๐๐๐๐ฎ๐ (๐๐๐ -12 ๐ฃ๐ฟ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐)
โ๏ธ ๐๐ฎ๐ฝ๐๐ถ๐ผ๐ป๐ฒ๐ฑ ๐๐: ๐๐ต๐ถ๐น ๐ฌ๐ผ๐ต๐ฎ๐ฟ๐ธ ๐ง๐ถ๐ด๐น๐ฎ๐ผ (๐๐๐ -12 ๐๐
๐ฒ๐ฐ๐๐๐ถ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ฟ๐ฒ๐๐ฒ๐ป๐๐ฎ๐๐ถ๐๐ฒ)
๐ฉโ๐ซ ๐ฝ๐ช๐จ๐๐ฃ๐๐จ๐จ ๐๐ฃ๐ฉ๐๐ง๐ฅ๐ง๐๐จ๐ ๐๐๐ข๐ช๐ก๐๐ฉ๐๐ค๐ฃ ๐ผ๐๐ซ๐๐จ๐๐ง: ๐๐ก๐ค๐ง๐๐ฃ๐๐ ๐. ๐๐๐ฃ๐ค๐ฃ๐๐๐จ
๐จโ๐ซ๐ฆ๐๐ฏ๐ท๐ฒ๐ฐ๐ ๐๐ฟ๐ผ๐๐ฝ ๐๐ฒ๐ฎ๐ฑ: ๐๐ฒ๐ป ๐. ๐ฉ๐ฒ๐ฟ๐ด๐ฎ๐ฟ๐ฎ, ๐ฃ๐ต.๐. Mngt.
