Learning document #18
Application of sufficiency economy in one own experience and development of conceptual
framework on self appropriated Business.
1. Structure of business plan according to sufficiency economy concept
Conducting business – means to perform the task or to earn for living. Through The said meaning, the concept of sufficiency economy has identified the performances of earning for living into 3 levels; (1) Earning from hands to mouth (2) earning to live happily (3) earning to be well off and to lead a happy life through business performances. In performing business, it is necessary to make all levels of planning productively as follows:
1.1 First level of sufficiency economy plan– earning from hand to mouth – is to do the business in terms of keeping the family from facing poverty and be able to lead a good life in the society and community.
1.2 Business plan for earning to live happily – is the way to do business with the aim to support the society and family
1.3 Business plan for leadinga happy life through business performances
The business being performed is in accordance with the needs of customers and link with financial institutions.
2. Application of applying sufficiency economy and ones’ own experience to make a framework for business plan
Making a business plan in upper secondary level can help the learner learn for their occupational expansion in consistent with significant economy resulting in prosperity from the plan for occupational expansion project. The concept idea of thought which include reasons, immunity, perception and morality as mentioned below:
2.1 Concept idea using reasonableness
This is to apply reasonableness to the achievement of occupational expansion consisting of the factors in occupational expansion which are analyzed with variables concerning oneself, society, academic field, etc. in order to find out reasons for oneself as shown in the chart below:
2.2 Concept ideas using sufficiency
This is to bring the analysis outcomes for achievement to be synthesized in order to set business plan which is appropriate to oneself, society, and academic field to set business direction according to the concept ideas of sufficiency economy.
Concept idea in using immunity principle
This is to apply the principle of immunity from sufficiency economy philosophy to analyze the strategy of each mission to become a strategic plan in order to save the business. The concept idea are shown in the following chart.
Identifying concept idea throughperception
This is to apply the principle of perception for achieving occupational management to see what factors concerning managerial administration can cause enough perception to achieve in running the business as identified in the following concept ideas:
Identifying concept idea through morality
This is to apply the principle of morality to strengthen the business which comprised diligence, economize in using resources, honesty in carrying on the tasks and being patient in controlling and sustaining business as shown in the following chart.
3. Conclusion
Running a business through the concept of sufficiency economy may start from the level of having enough for consumption or earning from hand to mouth, getting away from starvation, sharing and helping the poor , all of which can be done by increasing the products, creating enough income to earn and develop people’s living condition. Besides, it can be extended to competitive market resulting in more income generation and jobs distribution to community people which contribute to strengthening community economy as a whole.
