Business plan implementation: An evaluation of learning and experiences

Entrepreneurship is now recognized to be key driver of economic development. The development of entrepreneurs is a vital undertaking for any country. Cagayan State University offers the program Bachelor of Science in Entrepreneurship, degree program designed to provide students with the best education and training platform enabling them to develop their entrepreneurial capabilities. Upon completion of this program, the student would have the knowledge, skills, capabilities and competencies to start a business, become business consultants, or enter into a managerial level employment. Widely considered as the highlight of the BS Entrepreneurship program, the task of implementing the business becomes every student-proponents’ task. To ensure properly implementation, clear goals and expectations must be communicated and strategies must be coupled with adequate resources to help the business achieve its goals. This study was conducted to evaluate the entrepreneurial aptitudes gained by students while implementing the proposed business plan entitled “Bee Scent Honey Production. The implementers were eleven (11) 4th year students taking BS Entrepreneurship of the College of Business, Entrepreneurship and Accountancy of the Cagayan State University-Andrews Campus, during the SY 2016–2017. The questionnaire was patterned from the book entitled” “Windows to Entrepreneurship” published by Small Enterprise Research and Development Foundation (SERDEF). Data from the study were tabulated, analyzed and interpreted with the use of descriptive statistics like frequency count percentage and ranking. Result of the study revealed that relative to organization, leadership and staffing, cooperation and unity or the involvement of everyone was considered as the most learned among the student-respondents.