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ALS Activity-based Worksheet 34

Name: Level: Score:


ALS CLC: Schedule: Date:
Type of Activity:
☐ Extended Learning (Individual Practice) ☐ CLC Encounter ☐ Others
ALS Learning Strand No. 4: LS4LC-AE-PSB-AE/JHS-14: Demonstrate understanding of business
planning concepts.
LS4LC-AE-PSB-AE/JHS-17: Understand market and market system.
MYDEV Module No. 8: Exploring Entrepreneurship
Session No. 1
Activity No. 2
Competency: Describe the basic cycle of business (buying, adding value, selling profit).
Learning Intent:
a. Discuss the flow of the entrepreneur cycle.
b. Cite examples of buying, producing and selling activities.
Value Emphasis: Being wise in business ventures
Reference:
CFI. (n.d.). What is a business cycle? Retrieved from
https://corporatefinanceinstitute.com/resources/knowledge/economics/business
-cycle/
Mindanao Youth for Development Project. Module 8: Exploring Entrepreneurship Facilitator’s
Manual, MyDev Skills Curriculum, pp.10-24.

A. Concept Notes
Secure money to start the business (from
your own savings, loan from relatives, or
money from onother source).

Spend Purchase raw


money on materials (Buying).
personal
expenses, Allocate earnings
(Buying). between business, Manufacture the
personal expenses, and product (Producing).
Deposit savings.
money into
savings. Sell the product to a
retail store or buyer
(Selling).

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Producing - making or creating something
Example: Jennifer is making brownies.

Selling - making something available to be bought for a particular price


Example: Jennifer sells the brownies for Php 150 per box.

Buying - getting something by paying money for it


Example: After selling all her brownies, Jennifer then uses her money to buy
ingredients to make more brownies.

B. Checking for Understanding

Instructions: Identify the activity described in each of the scenarios below as either
buying, selling, or producing. Write your answer on the space before each number.

_________1. Mark goes to the market to buy the ingredients for the lumpia that he is
planning to make.
_________2. Mark prepares the lumpia with all the necessary ingredients.
_________3. Mark priced his lumpia at 5 pesos each.
_________4. Mark decided to also make fruit juice.
_________5. Mark buys fresh fruit and some containers.

C. Collaborative Learning Activity (Role play)

1. You will be divided into 3 groups.


2. One group will be the “BUYING” group, the other the “PRODUCING” group, and
the last one the ‘SELLING” group.
3. Through a role play, portray some activities that are being done according to
the name of your group.
4. Present it to the class.

D. Processing the Learning Experiences

1. What can you say about your experience being the seller? buyer? producer?
2. Which of the activities (buying, producing, selling) do you find most challenging
to portray? Why?
3. Were you able to work well with your groupmates? Why or why not?

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E. Synthesizing

Managing a business takes much effort and struggle. It can be a journey as you go through
the stages of the cycle. After this lesson, what are the…

3 Facts You Learned?


1.________________________________
2. ________________________________
3. ________________________________

2 Questions You still have?


1. _________________________________
2._________________________________

1 Opinion You Have?


1.________________________________

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