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Entrepreneurship
Module 7:
4M’s of Operation
AIRs - LM
LU_ Entrepreneurship_Module 7
ENTREPRENEURSHIP
Module 7: 4M’s of Operations
Second Edition, 2021
Copyright © 2021
La Union Schools Division
Region I
All rights reserved. No part of this module may be reproduced in any form without written
permission from the copyright owners.
Management Team:
LU_ Entrepreneurship_Module 7
Senior High School
Entrepreneurship
Module 7:
4M’s of Operation
LU_ Entrepreneurship_Module 7
Introductory Message
This Self-Learning Module (SLM) is prepared so that you, our dear
learners, can continue your studies and learn while at home. Activities,
questions, directions, exercises, and discussions are carefully stated for you
to understand each lesson.
Each SLM is composed of different parts. Each part shall guide you
step-by-step as you discover and understand the lesson prepared for you.
In addition to the material in the main text, Notes to the Teacher are
also provided to our facilitators and parents for strategies and reminders on
how they can best help you on your home-based learning.
Please use this module with care. Do not put unnecessary marks on
any part of this SLM. Use a separate sheet of paper in answering the exercises
and tests. And read the instructions carefully before performing each task.
Thank you.
LU_ Entrepreneurship_Module 7
Target
4M’s of Operation
file:///C:/Users/ASUS/Documents/Introduction%20about%204Ms.html
In your previous lesson, in the first quarter, you are already done with
recognizing the potential market and recognizing the importance of marketing mix
in the development of marketing strategy.
This learner’s material will provide you with information and activities that
will help you more understand about operating a business.
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Jumpstart
Activity 1
Direction: Choose your answer from the given choices. Write the correct answer in a
separate sheet of paper. Write the letter only.
1. What do you call reference points to help make final purchase decision?
A. Delivery expectations B. Price expectations
C. Quality expectations D. Quantity Expectations
2. What do you call the cost or the amount at which something is valued?
A. Quality B. Delivery
C. Price D. Operation
3. Which is called the carrying of goods to a destination, especially to carry and
distribute goods or products to several places?
A. Delivery expectations B. Price expectations
C. Quality expectations D. Operations
4. What do you call the statement about the quality expected from the project
product?
A. Delivery expectations B. Price expectations
C. Quality expectations D. Quantity expectations
5. Which is called the resources mobilized in the enterprise delivery system?
A. Output B. Input
C. Throughput D. Quality
6. Which of the 4m’s is called the input?
A. Materials B. Methods
C. Manpower D. Machine
7. Which is called the final result from the model presented?
A. Output B. Input
C. Manpower D. Machine
8. Which of the choices is NOT included in the 4M’s of operations?
A. Manpower B. Money
C. Method C. Materials
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9. Which from the 4M’s is the process part from the model presented?
A. Manpower B. Machine
C. Method D. Materials
10. What do you think from the 4M’s of operation is very functional that without
this M everything will not function?
A. Manpower B. Machine
C. Method D. Materials
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Discover
The 4M’s of Operations mainly represent factors that influence the results
of any concern process. This was used to make product design and quality defect
prevention and to identify potential factors on cause and overall effect. In
manufacturing industries this method was used to apply on production control,
improvement, overall efficiency measurement, processes, and design.
The 4M’s of operation in relations to business opportunity means that the
four critical domains, usually attributed to manufacturing, those are: man,
machine, material and method work together. These four critical domains are also
applicable to business opportunities since business is in essence tied to
manufacturing as well. When putting up a business, manpower is critical as well
as the other elements. The businessman must take all of those into account.
The 4M’s of operation is an important part of the business plan
because it simply states the details in operating the business.
It can be defined as a plan prepared by a component of an organization that
clearly defines actions it will take to support the strategic objectives and plans of
upper management. However, to fully understand operational plans, we should first
look at the overall planning process within a business.
- refers to the system and step by step process in the business. Without a
scalable process, it would be difficult to expand the business. This means that the
methods used in the main branch must be documented and must be replicated as
well in other branches.
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In analyzing this method, an entrepreneur must do these steps:
3. Talk to employees who use the operation or have used similar operations. They
may have suggestion for improving it.
4. Chart the operation, whether you are analyzing an existing operation or a new
operation.
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• Appreciation
• Leisure time should be provided for extra-curricular activities.
• One must listen to the woes of the employees.
3.) Machines - machinery is also important. Without the proper equipment, you will
not be able to perform the needed tasks efficiently. You may be able to use the
manpower to do it but it is usually more efficient if machines are able to automate
the work.
Machine plays a vital part in operating a business. Aside from manpower the use of
machinery is important nowadays to make the process of production more effective
and efficient. A machine is a mechanical structure that uses power to apply forces
and control movement to perform an intended action. It is controlled by people or a
machine itself to produce the necessary or required number of productions needed.
You may be able to use the manpower to do a particular job but it is usually more
efficient if machines are able to automate the work. The right machine equipment
can improve your processes, productivity, and capacity to innovate. Not only will you
save time and resources, but you’ll also avoid costly quick fixes.
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things that a manufacturing company can do to achieve efficiency is to source quality
raw materials from credible suppliers. For perishable and edible products, the
business should investigate how raw materials are stored, processed, and shipped
to consumers.
As a rule, there’s no shortage of vendors willing to supply parts and other materials,
but the trick is finding the best suppliers.
Getting the answers to these questions and making the right choices—a process
known as supplier selection—is a key responsibility of operations management.
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Just-in-Time Production =One method is called just-in-time (JIT) production: the
manufacturer arranges for materials to arrive at production facilities just in time to
enter the manufacturing process.
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Explore
Direction: Fill up the table by filling the missing words in the table B based on
your understanding on what you have read in the column A. Write answers on a
separate sheet of paper.
A B
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Deepen
Direction: Form a group of 4 and conceptualize for a play or a skit. Show how a
company use the 4M’s in their business operation. The following rubric will be used
in assessing your performance.
Rubrics for Scoring the Performance
CATEGORY 4 3 2 1
Great job! You Your role-play is The role-play is The role-play is
offered creative on-topic, but it is somewhat off- completely off-
new insights on the missing topic. Pay more topic, as if your
Content some creativity and attention to the
topic! group did not even
insight. directions next time! read the
directions.
Excellent work! Everyone in your For the most part, Your group failed
Every member of group stayed in your group stayed in to stay in
your group stayed character, but character. Next character, and it
in some members time, spend more looked like you
Roles character, and it didn't seem to time preparing for had not
was clear you took really be "into” how the prepared for how
your roles what they were characters the
seriously. doing. might think or act. characters
might think or act.
Your group did an Your group obviously Your group needs to It seems that your
excellent job spent some time spend more time group used the
preparing and preparing for preparing for preparation time
rehearsing your role- the role-play, but the role-play. for
Preparation play, and it shows - some Reading lines from a something else.
everything went very rehearsal might have script is a sure sign
smoothly. helped
you're not prepared.
things run more
smoothly.
Excellent! Your Good! Your Keep working! Don't Argh! I expect
presentation was presentation, forget that, though much better
entertaining and while it was fun the process is work from you
Overall informative! to watch, could have entertaining, you're next time.
Impression been more also
informative. supposed to
learn something from
it.
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Gauge
Multiple Choice
Direction: Carefully read each item. Use separate sheet for your answers. Write
only the letter of the best answer for each item.
A. Machine B. Manpower
C. Method D. Materials
8. Which of the 4m’s of operations is controlled by people or a machine itself to
produce the necessary or required number of productions needed?
A. Materials B. Machine
C. Manpower D. Method
9. Which is a key responsibility of operations management?
A. Services Required B. Supplier Selection
C. Products Selection D. Services
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10. Which of the selection below refers to the expectations are captured in the
discussions with the customer and then refined for inclusion in the project product
description.?
A. Quality expectations B. Price Expectation
C. Delivery expectation D. Product Selection
11. All operations managers must, therefore, begin with the customer’s wants and
desires in mind
12. Manpower was used in business when developing or innovating a new products
or services, expanding your business enterprise, searching for skilled workers to
include in the workforce, and for improving the efficiency of its process.
13. Manpower is controlled by people or a machine itself to produce the necessary or
required number of productions needed
14. Material Requirements Planning is the manufacturer arranges for materials to
arrive at production facilities just in time to enter the manufacturing process.
15. The methods used in the main branch must be documented and must be
replicated as well in other branches. If it is difficult to implement at another site,
find what needs to be improved.
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Jumpstart
1.B 2.C 3.A 4.C 5.B 6.A 7.A 8.B 9.B 10.A
Explore
Enhancement Activity 1:
1. Method
2. Manpower
3. JIT Production
4. Purchasing (Procurement)
5. Machine
6. Machine/Machinery
7. Material Requirement Planning
8. Machine
9. Materials
10. Manpower
Gauge
1.B 2.A 3.C 4.A 5.B 6.B 7.A 8.B 9.B 10.A
11.F 12.T 13.F 14.F 15.F
Answer Key
References
Printed Materials
Website:
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