Welcome! Feel Free to Explore Our Story!

Welcome! Feel Free to Explore Our Story!

Monday, 22 April 2013

SELF-REFLECTION: NUR FATIMAH BINTI ATTAULLAH EEE110094


TOPIC 1: CONCEPT & DEVELOPMENT OF ENTREPRENEURSHIP

On this first week, we learned about the concept and development of entrepreneurship. It discussed the importance of entrepreneurship and meaning of entrepreneurship.  It also focused on attributes of entrepreneurship and entrepreneurship from Islamic perspective.  It also explains why entrepreneurs start business and myth in business development.

 TOPIC 2: SELF-COMPETENCY ANALYSIS

On the second week , we learned about self-competency analysis. It focused on Self-Competency Analysis of Entrepreneurial Abilities. It stressed on the initiative taken and the view on that particular topic. It also explain about using power strategy such as legitimate power  reward power ,penalty power , expert power and referent power .we also learned about what caused entrepreneur to fail.  We also get to know big and successful entrepreneur and story about them.

 TOPIC 3: ENTREPRENEURIAL ETHICS

On the third week, we learned about divine acceptance concept and entrepreneurship in the eyes of Islam. We also understand entrepreneurial ethics & business culture.

TOPIC 4: CREATIVITY & INNOVATION

On the fourth week, we learned about creativity and innovation. After this lecture, we understand aspect  of creativity & innovation. We also leaned about knowledge of approach towards thinking creatively & innovatively  and we get to know how to determine strategies to encourage creativity & innovativeness.  We also know about  Importance of developing creative ideas. Types of innovation and Obstacles/hindrances to creativity & innovativeness are also teached during this lecture.


TOPIC 5 : Business Opportunity

On this week , we learned about business opportunity.  We learned how to identify business opportunities and evaluate & Choose viable & profitable business opportunities. Situations contributing to business opportunities are also explained during this lecture. I also learned about process of identifying, evaluating & choosing opportunities. Next , we also learned about environmental & market factors such as demographic change, psychographic change, Import & export data regarding demand & supply of products/services in market & identifying opportunities and Provision of local & technological sources.

TOPIC 6: SKILLS TO START A BUSINESS

This week we learned on how to start a  business. It focused on how to identified  resources required to start a business. We also learned about the techniques of effective negotiation skills and  the methods of effective communication.

TOPIC 7 : BUSINESS PLAN

On this seventh week , we learned how to understand the meaning & purpose of the Business Plan (BP).we also get to understand the importance of BP and to be guided in preparing a BP. This will help us to produce a good business plan to convince our client or sponsors about our product.

TOPIC 8 : Skills For Project Management

On this particular week, we learned about the skills for project management. It focused on Skills for project management. We also learned about the process of administration, and coordination of resources effectively & efficiently toward organisational objectives. We also get to know that organisation involves group of individuals cooperating to achieve mutual objectives.we also learned the four management functions which is Planning, organizing, Leading & Control.

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