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Answer the following questions concisely.
1. What do you think are the challenges being faced now by micro, small, and medium enterprises (MSMEs) in the Philippines in dealing with industry giants? Are these challenges a threat or an opportunity to budding entrepreneurs?
2. Can you name two real-life MSMEs in the Philippines which were able to compete with industry giants? How do you think they succeeded?
3. How will the ASEAN integration change the competitive landscape of business in the Philippines given that there are a number of industry giants in these countries, especially the progressive ones?
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And the imbalance in information affects the choices they make and how they deal with one another?
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