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Key Competencies and Porter's Five Forces Model

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LLAGAS, Ariedna
ABAYON, Abegail
DELOS SANTOS, Christian Mikaella
MONSALE, Ma. Beatrice
SOLARTE, Rollie
TRIÑANES, Angelique Vinn Rose
LLAGAS, Ariedna
ABAYON, Abegail
DELOS SANTOS, Christian Mikaella
MONSALE, Ma. Beatrice
SOLARTE, Rollie
TRIÑANES, Angelique Vinn Rose

2016
Key Competencies and Porter’s Five Forces Model
BSBA HRDM 4-1 ENMA 4113
Group 1

2016
Key Competencies and Porter’s Five Forces Model
BSBA HRDM 4-1 ENMA 4113
Group 1

I. KEY COMPETENCIES
COMMUNICATION
* It is a pivotal role to the development of the entrepreneurial society. * Entrepreneur must have the skills in communication to compete with other entrepreneur like getting more investors.
Methods of Communication 1 Face-to-Face Communication – a lot of your business communication will take place in a face-to-face format, such as meetings and conferences, so it’s important to refine your “in person” skills. 2 Email – has transformed the way that people communicate in the business world. Emailing enhances efficiency because it is quick to send and quick to respond to, and you can even include attachments that are essential to the subject being discussed in the email conversation. Email conversations can be between two or more people, and these types of discussions often replace the need for formal meetings since decisions can be made in this forum. 3 Teleconferencing – it is another method of business communication that is commonly employed in the workplace. Communicating through a telephone conferencing system is an effective way of conducting business when people are not able to attend a meeting in person. Attending a meeting via teleconference also saves people from accumulating travel expenses since they can call into the teleconference right from their office. 4 Video conferencing – is similar to teleconferencing in that the attendees do…...

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