SAINT PHILOMENE OF ALCALA INC.

Centro Sur, Alcala, Cagayan

LEARNING ACTIVITY SHEETS

SUBJECT: ENTREPRENEURSHIP
QUARTER 1, WEEK 1

Name:______________________________ Contact No.: _____________

Grade & Section:______________________ Address:________________

_________________________ _________________________
Signature of Parents /Guardian Learner's Signature
What I Know?
To check your prior knowledge about the topic, and to solicit the questions that you want
to know about it, fill in the Know and Want to know components of the Know-Want to know-
Learned (KWL) chart legibly. For the Know component, you may write word/s or phrase. For the
want to know component, state your responses in interrogative or question form. You may list as
many responses as you want for each component. Write your responses on a yellow paper.
KWL Chart
Topic Know Want to know Learned

Concept of
Entrepreneurship

Relevance of
Entrepreneurship to
your everyday life

Guide Questions
1. Based on what you have written on the Know component of the chart, what do you
know about entrepreneurship and its relevance to your everyday life and to the society as
a whole?
2. If you were to think of a question that you want to ask about entrepreneurship and
its relevance to your everyday life and to the society as a whole?

DIRECTIONS: After you have filled-in the K and W components of the chart and answered the
guide questions, please answer the diagnostic assessment below.

DIAGNOSTIC ASSESSMENT

Identification. Read carefully the statements below and identify whether this refers to
Entrepreneurship or Entrepreneur. Write your answer in a yellow paper.

1. A person who undertakes the risk of starting a new business venture.

2. It is high-risk, but also can be high-reward as it serves to generate economic wealth, growth,
and innovation.
3. Creates a firm, which aggregates capital and labor in order to produce goods or services for
profit.
4. It is an important driver of economic growth and innovation.
5. Creates a business plan, hire labor, acquire resources and financing, and provide
leadership and management for the business.
 What’s New?

Entrepreneurship is one of the resources economists categorize as integral to production;

the three resources are land/natural resources, labor and capital. An entrepreneur combines
these three to manufacture goods or provide services. They typically create a business plan, hire
labor, acquire resources and financing, and provide leadership and management for the business
(www.investopedia.com).

Definition of Terms: To fully understand this module, please read carefully the definitions in column
A and match it with the word/phrase in column B. Write your answer in a yellow paper.

Column A Column B
1. It involves developing new products or improving existing A. Livelihood
technologies, processes, designs and marketing to solve problems,
increase efficiency, reach new customers, and ultimately increase
profits.
2. Involves sale or lease of any product, service, equipment, etc. that B. Entrepreneurship
will enable the purchaser-licensee to begin a business.

3. Refers to the act of creating a business or businesses while C. Social Change

building and scaling it to generate a profit.
4. Refers to their "means of securing the basic necessities (food, D. Socioeconomic
water, shelter and clothing) of life".
5. The system of production, distribution and consumption. The overall E. Business
measure of a currency system; as the national economy. Opportunity

6. Is a person who sets up a business with the aim to make a profit. F. Business Venture

7. Refers to any significant alteration over time in behavior patterns G. Relevance

and cultural values and norms.
8. Related to the differences between groups of people caused H. Business
mainly by their financial situation. Innovation
9. It is a new business that is formed with a plan and expectation I. Entrepreneur
that financial gain will follow. It is usually formed out of a need for a
service or product that is lacking in the market.

10. It is simply the noun form of the adjective "relevant," which J. Economy
means "important to the matter at hand."
 What’s More

LET US HAVE SOME FUN!

Independent Activity 1. Picture Analysis. Analyze the picture below then answer
the corresponding guide questions. Write your answer in a yellow paper.

https://images.search.yahoo.com

Guide Question: What appropriate product and/or business that can be conceptualized during
this COVID -19 pandemic? Write as many in bullet form in a yellow paper.

Independent Activity 2. Enumeration. Give what is asked in the items below. Write your answer in a
yellow paper.

Items Answer
A.
1. Give the three (3)
B.
business resources
C.
2. Give three (3) A.
importance of B.
Entrepreneurship to the C.
economy.
3. Give three (3) relevance of A.
Entrepreneurship to B.
the you as a student C.
4. Give three (3) known A.
families who owned the B.
 big Corporations in the C.
Philippines.
5. Give three A.
characteristics of an B.
Entrepreneur. C.

What I Have Learned?

You have to fill in the L component of the KWL chart to generalize the things you have learned about
the topic. Write your answer in a yellow paper.

KWL Chart
Topic Know Want to know Learned
Overview of I have learned that
Entrepreneurship ….

Relevance of
Entrepreneurship to
SHS Students

What I Need to Reflect

Embarking on the entrepreneurial career path to “being your own boss” is exciting.
But along with all your research, make sure to do your homework about yourself and your
situation (investopedia.com).

A Few Questions to Ask Yourself (ww.investopedia.com)

 Do I have the personality, temperament, and mind-set of taking on the world on my own
terms?
 Do I have the required ambiance and resources to devote all my time to my venture?
 Do I have the required network to seek help and advice as needed?
 Have I identified and built bridges with experienced mentors to learn from their
expertise?
 Have I identified my target customer base for the initial phase?
 Have I identified sales and distribution channels?
 Who are the funding sources I may need to approach to make this big?
 What technical infrastructure do I need?

What I Can Do?

DIRECTIONS: After you have filled-in the L component on the chart, please work on the WORK IN
PROGRESS
 You are tasked to conceptualize your future business plan which you can work on as we discuss
our next lessons and later you may venture into after finishing this subject.

Assessment

FORMATIVE ASSESSMENT

Multiple Choice: Read and answer each statement carefully then write the letter
of the best answer on a separate sheet of paper.

1. Who acts as a coordinating agent in a capitalist economy?

A. Manager C. Entrepreneur
B. Finance Officer D. Broker
2. Which of the following is not a definition of Entrepreneurship?
A. It creates opportunities, ensures social justice, instills confidence and stimulates the
economy.
B. It is an important part of the economic growth strategies of many local and national
governments around the world.
C. Refers to a person who sets up a business with the aim to make a profit.
D. The act of creating a business or businesses while building and scaling it to generate a
profit.
3. Which of the following is a relevance of Entrepreneurship to SHS Students?
A. It generates new wealth in an economy.
B. It aids students from all socioeconomic backgrounds to think outside the box.
C. It creates opportunities and ensures social justice.
D. It creates job.
4. Which statement is not correct about the status of entrepreneurship in the Philippines?
A. The number of business establishments formed every year would generally
show an increasing trend.
B. N-entrepreneurs are people who can secure resources such as technology and
information to gain distinct, sustainable, competitive advantages.
C. In 2005, the top 50 Philippine corporations in terms of sales could be broken down
into 25 private domestic firms, 20 foreign firms, and 5 government-owned and/or
controlled corporations.
D. The 22 companies could be identified with 11 families and individuals, mostly
Filipinos of Chinese ethnic background.
5. Which of the following words is not associated with entrepreneur?
A. innovative C. collaborative
B. impulsive D. Creative

Congratulations!!! You are done in this module. You may now

proceed in the next module. See you next time…

Additional Activities
 DIRECTIONS: In the table below, write down at least five (5) sentences why you
want to become an Entrepreneur someday.

The following motivates me to become an entrepreneur someday:

1.
2.
3.
4.
5.