Time competence can be defined as the ability to do
something successfully or efficiently on the time. It can also refer the
efficiency of entrepreneurs in developing business in current trends or
according to the current high demand.
Time competence can also be seen in terms of how wise
entrepreneur using the opportunities available to meet the current needs of
customers. For example, air transportation requires for long distance travel,
but the price is too expensive. There appeared entrepreneurs who introduce
lowed priced air services and the corresponding example is intended to
transport entrepreneur successful.
One of the example entrepreneurs that follow time
competence is wholesale goods successful pioneer of Malaysia, Dato Haji Ameer
Ali Bin Mydin. He is the Managing Director of Mydin Mohamed Holdings Bhd or better known as Mydin Mall.
He made the biggest wholesalers and retailers Mydin in the country that
operates more than 95 branches throughout Peninsular Malaysia. He devoted
energy and expertise to Malaysia’s economic prosperity. He made a great
contribution to the development of the retail industry in Malaysia is not only
actively support and promote local products and Small or Medium Entreprise
(SME) but also conduct in a healthy way by adopting halal products and
services. He was very smart to introduce the concept of selling wholesale with
rising prices and strong demand for the basic needs of a human life. He selling
the things we need in Mydin with very low prices and large quantities.
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