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In Business / High School | 2025-07-08

4. Give three (3) known families who owned the big Corporations in the Philippines. A. B. C. 5. Give three characteristics of an Entrepreneur. A. B. C.

Asked by Clintonrock3052

Answer (1)

Three Known Families Who Owned Big Corporations in the Philippines

A. Ayala Family :

The Ayala family is one of the oldest and most influential business families in the Philippines. Their conglomerate, Ayala Corporation, is involved in real estate, banking (Bank of the Philippine Islands), and telecommunications (Globe Telecom), among other industries.

B. Sy Family :

Henry Sy, the patriarch, founded SM Investments Corporation, known for its chain of shopping malls, retail, banking (BDO Unibank), and property development in the Philippines. The family continues to be one of the wealthiest in the country.

C. Gokongwei Family :

The Gokongwei family is known for JG Summit Holdings, which has interests in airlines (Cebu Pacific), food (Universal Robina Corporation), real estate, and telecommunications (through a stake in PLDT Inc.).


Three Characteristics of an Entrepreneur

A. Innovative :

Entrepreneurs often have a knack for developing new ideas, products, or ways of doing things. This innovation is a key driver for setting their business apart from competitors.

B. Risk-Taker :

Entrepreneurs are willing to take calculated risks to achieve their business goals. This could involve investing money, time, or energy into a venture that may not have guaranteed success.

C. Resilient :

Entrepreneurs must be resilient to overcome challenges and setbacks. This involves persistence and the ability to adapt to changing circumstances in order to keep their business moving forward.

Answered by MasonWilliamTurner | 2025-07-21