MABALACAT CITY COLLEGE

INSTITUTE OF BUSINESS EDUCATION

FIRST SEMESTER, A.Y. 2020-2021 (CYCLE 2)
Module Guide for GE ELEC: The Entrepreneurial Mind

VISION: Mabalacat City College envisions being the equalizer of educational opportunities to MISSION: The College aims to provide experiential, innovative modes and values-enriched
produce professionals and leaders in building economically progressive and morally learning, which hone the multiple abilities of individuals to fully prepare them to be
responsive communities competent and socially responsible professionals and leaders.

COURSE DESCRIPTION:
This course aims to provide students with an understanding of the nature of enterprise and entrepreneurship and orientates students towards an
entrepreneurial mind-set. It introduces the role of the entrepreneur, innovation and technology in the entrepreneurial process. The course content is
relevant to those i) individuals thinking about starting a business or who are already in business - large or small, for profit or social enterprise; ii) those who
are interested in commercializing their own innovations or of other; iii) entrepreneurial employees interested in "corporate entrepreneurship" and iv) those
who advise entrepreneurs or engage in policy making in the entrepreneurship area. Developing an entrepreneurial mind set and enterprising skill set critical
for constantly changing markets or workplaces..

PRE-REQUISITE: None

NUMBER OF UNITS: 3 Units Lecture

LEARNING OUTCOMES
1. Discuss the attitudes, values, characteristics, behavior, and processes associated with possessing an entrepreneurial mind-set and engaging in successful
appropriate entrepreneurial behaviour.
2. Discuss what is meant by entrepreneurship and innovation from both a theoretical and practical perspective, and the role of the entrepreneur in the new enterprise
creation process.
3. Describe the ways in which entrepreneurs perceive opportunity, manage risk, organize resources and add value.
4. Develop a plan for implementing entrepreneurial activities in a globalized and competitive environment being responsible for the social, ethical and culture issues.
5. Critique a plan for implementing entrepreneurial activities in a globalized and competitive environment being mindful of the social, ethical and culture issues.
6. Engage in a continuing learning process through the interaction with peers in related topics, as individuals and as team members.

COURSE OUTLINE:

Week Topic Faculty Assigned Learning Materials Assessment Tasks

(for Team (with references following OER (Requirements with schedule or time
1

Module 1
Understanding the Entrepreneurial Mind-Set
The revolutionary impact of entrepreneurship
 Entrepreneurship: A Mind-set
 The evolution of entrepreneurship
 Avoiding folklore; The Myths of
Entrepreneurship
1 The Individual Entrepreneurial Mind-set
 The Dark side of Entrepreneurship
 Stress and the entrepreneur
 Entrepreneurial Motivation
Corporate Entrepreneurial Mind-set
 The entrepreneurial mind-set in an
organization
 The Nature of Corporate entrepreneurship
 Sustaining Corporate Entrepreneurship
Module 2
The Social and Ethical Perspectives of
Entrepreneurship
 The Social Enterprise Challenge
2  The Ethical Side of Entrepreneurship
 Ethics and laws
 Ethics and Business Decisions
 Ethical Leadership by entrepreneurs
 Concept of Entrepreneurship:
Module 3
Creativity and Innovations
 Entrepreneurial imagination and
3 creativity
 The role of creative thinking
 Arenas in which people are creative
The Innovation process
4 Module 4
Methods to Initiate Ventures
Teaching) plagiarism and IPR policies) allotment)
BOOKS/REFERENCES:
1. Kuratko, Donald F. (2015).
Entrepreneurship: An Introduction. Worksheet 1 – Essay (Guide Questions
Cenage Learning Asia Pte Ltd. provided in the module)
Philippine Edition
None 2. Timmons, Jeffry A., Gillin, L. M.,
Burshtein, S., and Spinelli, Stephen
Jr. (2011). New Venture Creation: Due Date: November 9, 2020
Entrepreneurship for the 21st
Century – A Pacific
Rim Perspective, 1st Edition.
McGraw-Hill Irwin.
3. Hisrich, R.D., Peters, M.P., and
Shepherd, D. (2013)
Entrepreneurship, McGraw-Hill
Irwin, Boston.
Kuratko, D. (2013)
4. Entrepreneurship: Worksheet 2 – Essay and Objective Type
Theory, Process, and Practice, 9th (Activities provided in the module)
Edition, Wiley online library
None Worksheet 3 – Case Study (Guide Questions
provided in the module)
Online Resources:
Open Education Resources - Due Date: November 17, 2020
https://www.businessmanagementideas.co
m/entrepreneurship-2/concept-of- Worksheet 4 – Essay (Guide Questions
entrepreneurship/20312 provided in the module)
Entrepreneurial mind-set: 5 Characteristics Due Date: November 28, 2020
None to cultivate:
https://us.accion.org/resource/entrepreneu
rial-mindset-5-characteristics-to-cultivate/
10 Mind-sets of Successful Entrepreneurs:
https://smallbiztrends.com/2013/10/succes Worksheet 5 - Essay (Guide Questions
provided in the module)
2
  The Pathways to New Ventures for
Entrepreneurship
 Creating New Ventures
 Franchising: The Hybrid
Legal Challenges in Entrepreneurship
 Legal Challenges for Entrepreneurial
Venture
 Intellectual Property Protection; Patents,
Copyrights, trademarks
 Identifying legal structures
entrepreneurial ventures
Module 5
The Assessment Function with Opportunities
 The Challenge of New Venture start-ups
 Pitfalls in selecting new ventures
 Why new ventures fail
5-6  The Evaluation process
The Marketing Aspects of New Ventures
 The marketing concepts for entrepreneurs
 Marketing Research
 Developing the marketing concept
 Developing a marketing plan
Module 6
7
Business Plan Preparation for New Ventures
 What is a business plan
 Pitfalls to avoid in planning
 Benefits of a business plan
 Elements of a business plan
 Preparation and presentation of the
business plan
sful-entrepreneur-mindset.html
None
Ethics in social entrepreneurship: Due Date: December 5, 2020
https://www.academia.edu/38979188/Ethic
s_in_social_entrepreneurship
The Difference between creativity and
Innovation:
https://fleximize.com/articles/000536/differ
ences-between-creativity-and-innovation
for
Innovation, Invention, and Creativity:
definition, difference, and examples:
https://innoway.me/innovation-definition/
Worksheets 6
None Ethical and Legal Issues in Entrepreneurship:
Marketing Plan
https://openstax.org/books/entrepreneursh
ip/pages/3-1-ethical-and-legal-issues-in-
(Marketing plan outline/format are provided
entrepreneurship
in the module)
Marketing the New Venture:
Due Date: December 12, 2020
https://wps.prenhall.com/wps/media/object
s/164/168179/Marketing.pdf
An Introduction to Business Plans:
https://www.entrepreneur.com/article/382
90 Worksheet 7 - Objective Type (Activities
provided in the module)
None YouTube Channels:
Due Date: December 16, 2020
- Entrepreneurship and Virtue Ethics
- Creativity and Innovation
- Creative thinking - how to get out
of the box and generate ideas
- How to write a business plan
- Basic Business Plan Example
Note: We are currently selecting additional
online materials. Online materials may
include video, film, news link, journal, etc
3
 Business/Product Proposal Plan

Rubrics and Important Instructions on the

FINAL EXAMINATION presentation of business/product proposal
plan is included in Module 6.

Examination periods: December 17-18, 2020

BASIC INFORMATION AND POLICIES:

Grading System:
Formative & Summative Assessments (Theories and Applications/Worksheets) 60%
Final Examination – Business Proposal Plan 40%
100%
Online Course Policies:
1. Success in this course is dependent on your active participation and engagement throughout the course. As such, students are required to complete all worksheets
by the due date.
2. Log on at least three times a week – on different days in order to complete weekly assignments, assessments, discussions and/or other weekly
deliverables/Worksheets as directed by the instructor and outlined in the OBTL/Modules;
3. Participate in the weekly threaded discussions, this means that, in addition to posting a response to the thread topic presented, students are expected to respond
to each other and comment and questions from the instructor and/or other students through utilizing the Messenger Chat Group of the Class, and Learning
Management System powered by EDMODO.
4. If you find that you cannot meet the class' minimum discussion requirements due to such a circumstance, please contact your instructor as soon as possible thru
Messenger Account, Email or Cellphone Number.

Instructor’s Contact Details:

Rebecca Q. Lising, MBA, MAEd
Tel. No. 09328693503
Email Add: Lisingrebecca2020@gmail.com.
Online Office Days/Hours: Mon – Fri/ 9am – 12noon, 1pm – 4pm

4
Prepared by: Reviewed by: Approved by: Cc:

Rebecca Q. Lising, MBA, MAEd Benjamin B. Doroteo, CB, LLB, MBA Myrna E. Cuento-Calma, CPA, PhD Renato Dan A. Pablo II, DIT, CSPE
Instructor Field of Study Head, Customs Admin. Dean-IBE VP-Academic Affairs