ENTREPRENEURSHIP

Describe the 4Ms (Manpower, Method, Machine, Materials) of

operations in relation to the business opportunities.

What I know

Task 1.

1. A
2. B
3. A
4. D
5. B
6. C
7. D
8. D
9. D
10. D

What’s In

Task 2.

The illustration suggests the 4ms of business opportunities.

What’s New

Task 3.

1. Manpower
2. Machine
3. Methods
4. Materials
5. Methods

Explore

1. I find it very easy to answers

2. Yes, because it gives me a visual presentation
3. Yes, it should be part of the plan because it is where our products will be made, and the quality of the products
will depend on the 4ms
4. Yes, the 4ms are necessary to the success of the manage in business because it will be where the products are
made, how to boast and advertise the products, and the worker who will be most fitting and qualified for the job

What’s More
Task 4.
Table 1

4Ms Brief Description Example

Manpower This refers to the workforce, who will Workers who are honest and capable
help a business to produce more
production.
Materials Sourcing raw materials is critical in Raw materials and quality like
any business endeavour as the chemicals, meat, and fabrics
businessman would want to have the
cheapest possible at the highest
quality.
Machines Refers to the devices and equipment Food processors and sewing machines
used to perform specific type of work
and usually uses energy to perform a
task
Methods Refers to the system and step by step Producing products manually or
process in the business. machine-assisted and automated

What I have learned

Task 5.

1.

2.

3.

What I can do

Task 6.

1.

2.

3.

4.

Assessment

Task 7.