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Republic of the Philippines

Department of Education
Region III
SCHOOLS DIVISION OF ZAMBALES
Zone 6, Iba, Zambales
Tel./Fax No. (047) 602 1391
E-mail Address: zambales@deped.gov.ph
website: www.depedzambales.ph

Name: ______________________________________ Grade/Section__________


School: _____________________________________ Date: __________________

LEARNING ACTIVITY SHEET


ENTREPRENEURSHIP AND ICT 6

I. Introduction

All around us are businesses run by groups or individuals called


entrepreneurs. Whether they run a small business like a sari-sari store or
a big one like a computer and software company, they are considered
entrepreneurs.
Have you ever dreamt of becoming an entrepreneur? Do you have what it
takes to become one?
This lesson will give you ideas on how to produce simple products and
how you will buy and sell products based on needs.

II. Learning Competency

Produce simple products (TLEIE6-0a-2)

III. Objectives:

At the end of this learning activity sheet, you are expected to:
1. note specific details on how to become an ideal entrepreneur;
2. produce simple products; and
3. sell products based on need and demands in school and
community.

IV. Discussion
Read carefully and understand the following selection.

According to Merriam-Webster dictionary, an entrepreneur is “a


person who starts a business and is willing to risk loss in order to make
money”. He or she “organizes, manages, and assumes the risk of business or
enterprise.”
This means an entrepreneur is someone who is willing to put up the
capital needed to set up a business fully aware of the risks involved.

Qualities of Ideal Entrepreneur


Here are some of the qualities of an entrepreneur.
➢ Industrious
Displays hardwork and perseverance in face of challenges; utilizes skills to
diligently carry out tasks or make goods.
➢ Innovative
Has the ability to envision future needs or demands and create new
opportunities, products and services to meet these demands.
➢ Honest
Does not engage in deceptive fraudulent acts; display sincerity at all times.
➢ Persistent
Does not easily give up or let go.
➢ Caring
Understands the feelings, concerns and needs not only of his or her
customers but also his or her workers.
➢ Helpful
Is always available to provide assistance.
➢ Faith in goodness and righteousness
Conducts business fairly and cultivates a culture of righteousness
➢ Organized yet flexible
Is able to adapt to any change yet remain logical and organized.
➢ Confident
Feels or shows certainly, as of success
➢ Strategist
Is a careful planner; sets long-term goals and plans and executes a well-
thought of strategy in order to achieve them.
➢ Proactive
Acts immediately on new ideas, insights and opportunities.
➢ Prudent
Is never wasteful and always ensures that all resources are used wisely
and every bit of raw materials does not go to waste.
➢ Determined
Is a go-getter and an achiever; acting on a dream, vision, and plan no
matter how hard it may seem at first.
➢ Knowledgeable
Is well-trained and possesses information and understanding of concepts
necessary to run a business venture.
➢ High quality philosophy
Strives for excellence and perfection to exceed customer satisfaction
➢ Risk-Taker
Takes calculated risk and knows how to match opportunities with market
realities; takes on risks anticipating business profitability and chances of
success.

Types of Entrepreneur
Four general types of entrepreneur according to Christine Miller in The
Resourceful Entrepreneur.

a. The Social Entrepreneur


This type of entrepreneur offers products and services with the overall
intention of creating social good. The profit is often reinvested into
business venture rather than being distributed to the shareholders.
b. The Serial Entrepreneur
This type of entrepreneur sets up business and brings them to a stage of
development from where they can move on to the nest project either by
selling or handling over the business to a successor or group of successors
while retaining some degree of investment.
c. The Lifestyle entrepreneur
This type would choose a business that would reflect their passion. Focus
is on doing something one loves rather than pursuing profit. The business
venture often springs from a hobby, favorite sports or family activity.
d. The Solopreneur
This type of operates alone and manages all aspects of business. Today,
this is made possible with the use of ICT tools which make multitasking
easier.

Starting Your Own Business


Starting your own business entails serious hardwork. It involves, among
others, such activities as research, planning, testing, developing, marketing
and the like.
What type of business do you want to get into? A business involves
selling a product or service both.
A product is something that is manufactured following a process, or
growth and nurtured in order to be sold for a profit.
A service is a facility supplying a public or market demand. Some
examples are hair salons offering hair care and hair styling services; bus
companies offering massages, skin care treatment, and the like.
Some salons offer both service and products, as do spas and wellness
centers. As such they earn from people availing of the services they offer and
the products they sell for care and maintenance.
In deciding what type of business to get into, it might be good to start
with a hobby or interest. It is easier to work on something that you are
already passionate about.

You can produce something that you can offer or sell to your friends and
schoolmates.
Whatever you decide on, you have to remember to keep your costs down
while maintaining the quality of your product. Make sure to canvass and find
where you decide to produce and sell food items, purchase you ingredients in
store or market that sells fresh products.
Lastly, remember that the way the product is presented to customer
affects its saleability. Food items, in particular, must not only be attractively
packaged but more importantly, they should be protected from contaminants
and spoilage. Like other expensive items, packaging must not only be in good
quality but also cost effective.
If you do not have any particular product in mind yet, but would like to
develop one, you might want to do some research and investigation.
You can do this by observing people and their food preferences and even
checking the existing products in the local market.
Can you see some products that you might want to produce and sell?
What are the common items, other than food, that most people buy in your
school or community? Can you make these items too?

Comprehension Check:

A. Answer the following questions.


1. Who can be an ideal entrepreneur?
__________________________________________________________________
__________________________________________________________________
2. What are the different products you found near the school
community?
__________________________________________________________________
__________________________________________________________________
3. Are the products simple or complex? Explain.
_________________________________________________________________
_________________________________________________________________
4. What products and services are in demand in your school?
_________________________________________________________________
_________________________________________________________________
5. Why are they in demand?
__________________________________________________________________
__________________________________________________________________

V. Activities

A. What are the products or services that are being sold in your
community. (Based on what you remember, do not bother to go
outside. Stay at home)

Store Name Products Services

1.

2.

3.

4.

5.

B. Have you decided what product you make and sell based on your
research? Below are recipes that you might want to try.

Polvoron

Ingredients:
2 cups all-purpose flour (or cake flour)
1 cup sugar
1 cup powdered milk
1/2 cup melted butter

Cooking Procedures:

1. Toast flour in a skillet over moderate heat for 10 to 15 minutes or until


light brown, stirring constantly. Add powdered milk (or infant formula, it
works too!), toss for another 3 to 5 minutes. Remove from heat and let it
cool.
2. If desired, transfer to a large bowl. Add in sugar and melted butter. Mix
thoroughly until it has about the consistency of damp sand.
3. Use a round or oval polvoron molder and shape them into compact bite-
size cakes.
4. Wrap them in tissue or Japanese paper.

C. Design packaging options for food items in the previous page.


Draw your designs here.

D. You have to compute the cost of your product in order to add the
mark-up of 20 to 40% and obtain the selling price. Make sure to
include the cost of ingredients, packaging materials, labor,
transportation, water bill, rentals and other services.

Costing Sample
1. List of ingredients for Chiffon Cake
6 eggs P 42.00
1 Cup Sugar P 15.00
1 Cup milk P 20.00
3 tsp baking powder P 5.00
2 1/4 cake flour P 30.00
1 tsp flavoring P 5.00
1 cooking oil P 10.00
1 tsp cream of tartar P 5.00
Total cost of ingredients P 132.00
2. Operating expenses

Labor P 50.00
Gas P 40.00
Transportation P 20.00
Packaging P 40.00
Total cost of operating expenses P 150.00

3. Computation for selling Price

Cost of Ingredients P 132.00


Operating Expenses P 150.00
Total expenses P 182.00
20% Mark up P 36.40
Selling Price P 218.40

E. On a whole sheet of paper, write a short essay about the


importance of entrepreneur skills to yourself, your family and
community.

VI. Assessment

Choose the right term for each statement in the box.

mark-up packaging

innovative social entrepreneur

honest solopreneur

_________1. This entrepreneur offers products and services with


overall intention of creating social good.
____________2. Added value to the cost to determine the selling price.
____________3. To make your product look more appealing in the
selling area.
____________4. Does not engage in deceptive or fraudulent acts.
____________5. Has the ability to envision future needs or demands
and create new opportunities, products and services to meet these
demands.

VII. Reflection

Fill in each blank with the right word/words in the box below.

1. An ___________ must have not just the knowledge and skill but
also the proper values and attitude.
2. Food, ____________ and shelter are some of the basic demand for
products to satisfy a person.
3. To ensure the profitability, one should keep the cost down but
still maintain ________.
4. Goods and services must be in ____________ to be patronize by
buyers.
5. __________ existing goods and services to make it more
interesting and develop customer loyalty.

quality clothing

demand innovative

entrepreneur

VIII. References

The Basics of Better Family Living. Vibal

(other references)

https://www.filipinorecipesite.com/filipino-dessert-recipes/basic-
polvoron.html

Prepared by:

NICO JAN G. LIPATA


Teacher II
Balaybay Elementary School,
District of Castillejos
IX. Key to correction

Comprehension Check and Activities

Rubrics

Comprehension Check:
1. social entrepreneur
2. mark-up
3. packaging
4. honest
5. innovative

Reflection
1. entrepreneur
2. clothing
3. quality
4. demand
5. innovative

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