Professional Documents
Culture Documents
Department of Education
Cordillera Administrative Region
Schools Division of Abra
BAAY NATIONAL HIGH SCHOOL
Tumalip, Baay-Licuan,Abra
Performance Task:
Conduct a short interview of any successful entrepreneur in your locality.
Ask the following question:
1) What is the nature of your business?
2) Who are your customers?
3) What industry are you operating?
4) How much was your starting capital?
5) How many years in operation?
6) How many manpower involved from the start of operation until now?
You are to open a “Lemon Juice And Shake” business in your neighborhood. Conduct a simple market research to know if it is
acceptable or not.
Below is a template for business plan. You need to fill this out using the business you want to pursue.
This section will show how you will manage your business and the people you
need to help you in your operations
MANAGEMENT SECTION a. Manager: ______________________________
b. Workers: ______________________________
This section shows the design of your product/service; pricing, where you will
sell and how you will introduce your product/service to your market.
a. Product Description:
______________________________________________
MARKETING SECTION
b. Price: ______________________________________
PRODUCTION SECTION
b. Enumerate the equipment needed:
Write True if the statement is correct & write False if you think the answer is not correct.
_________1. The gross profit rate of the entrepreneurial venture is computed by dividing the cost of goods sold by net
sales.
_________ 2. The gross profit rate provides information on the cost ratio of thebusiness.
_________3. In evaluating the profitability of the entrepreneurial venture, the evaluation must focus on the information
reflected on the face of the balance sheet.
_________4. The operating profit margin rate indicates information on the percentage of operating expenses on the
net sales.
_________5. Mr. Q is a practicing Doctor of Medicine. During the month of March 2019 he received Professional
Fees amounting to P 1,000,000 and total expenses of P250,000. The net income of Mr. Q is P 750,000.
_________6. Profit is the money received from customer in exchange of products given to customer.
_________7. The gross profit rate of the entrepreneurial venture is computed by dividing the cost of goods sold by net
sales.
_________8. The gross profit rate provides information on the cost ratio of business.
_________ 9. One of the objectives in evaluating the gross profit rate of the business is to determine whether the
amount of the gross profit is sufficient to cover the operating expenses.
_________10. The operating profit margin rate indicates information on the percentage of operating expenses to net
sales.
Performance Task:
1. A watch store owner decided to offer 20% discount for a particular brand of watch that sells at P35,000.00. By doing so, his
average sales increased from 5 watches to 12 watches a day. If he bought one watch at a price of P22,000.00 from the
supplier, by how much was his daily profit increased or decreased by offering such discount on the watch?
2. Michelle went to Baguio and bought 20 jars of strawberry jam for P3,500.00 with 1 5% discount. When she got back to
Manila, she sold 10 of the jars for a total of P1,800.00and the rest as P185.00 each. How much profit did Michelle again?
ENTREPRENEURSHIP
Summative Test
42. Aling Marta sells bibingka in her neighbourhood, every day she can sell 45 pieces of bibingka at 20 pesos each. How
much is her daily revenue?
a. 900.00 c. 800.00
b. 450.00 d. 1000.00
43. It is a planning tool that helps entrepreneur copes up with uncertainties in the future operation of the business.
a. Revenue c. Benchmarking
b. Selling d. Forecasting
44. The selling price of an item or merchandise is computed by adding cost per unit and __________?
a. Revenue c. Discount
b. Mark Up d. Number of Items
45. Mang Berting is a fruit vendor selling at the local public market. He gets his mangoes from a supplier at 25 pesos per kilo
and sells it at 45 per kilo to his customers. How much mark-up was Mang Berting adding to his selling price?
a. 25.00 c. 15.00
b. 30.00 d. 20.00
46. Aling Elvie sells t-shirt at 175.00 pesos each. If each t-shirt costs 135.00 pesos. How much is the mark-up?
a. 30.00 c. 40.00
b. 45.00 d. 50.00
47. It is the result when sales exceed the cost to produce goods or render services -
a. Forecasting c. Revenue
b. Selling d. Benchmarking
48. Merchandise or goods purchased are referred to as –
a. Purchases c. Costs
b. Operating Expenses d. Loss
49. It is the result when cost to produce goods or render services is greater than the sales –
a. Selling c. Benchmarking
b. Revenue d. Loss
50. Jean purchased 5 baskets for P 30.00 each. According to her calculation, P 10.00 shall be added to the cost as mark-up.
How much is the selling price of each basket?
a. 35.00 c. 50.00
b. 40.00 d. 60.00