Philippine E-Journals

Prerequisite Skills in Business Enterprise Simulation of Accountancy, Business, and Management Students

Ralph Pespeñan | Jayson Cababat | Jonel Garma

Discipline: Education

 

Abstract:

Entrepreneurship is the capacity for people to identify the kinds of goods and services that are required and should be provided to the appropriate audience at the appropriate time and at the appropriate cost. The research aimed to determine the personal mastery level of prerequisite skills in the business enterprise simulation of Grade 12 Accountancy, Business, and Management (ABM) students. A descriptive-survey research design engaging in a descriptive approach was utilized in this study with 110 students responding using Slovin’s formula. This study utilizes a weighted mean in analyzing the responses gathered. Based on the findings the student’s categorized their personal mastery level in terms of research skills, strategic skills, marketing skills, operating skills, and financial skills that as least mastered which clearly implies that the competencies in prerequisite skills in business enterprise simulation are learned but limited due to unavailability of hands-on experiences and different learning modalities. The researchers concluded that developing viable teaching strategies and interventions must be given corresponding attention to enable the student and equipped them in managing their personal future businesses