Eurika Nicole Beceos ENTREPRENEURSHIP

12 – Stem A (Bayanihan)

Screen the Proposed Solution Based on Viability, Profitability, and Customer Requirements

First Quarter-(Module 4 Part 2)

What I Can Do

Activity 1.1. In a separate bond paper, divide the sections into three. Labe the first column as “Family
resources,” the second column as “Family culture,” and the third column as “Family culture.” On top of
the three columns, write “The Family Micro Environment.” Use the format below.

The Family Micro-Environment

Family resources Family culture Family structure

 House  Respect the elders  Communicating with
 Land  All technology is shut each other when there’s
 Money down at 11:30 pm a problem.
 Gadgets  Elders have more  They discipline us when
 Vehicle authority than children. we do something
inappropriate.

List down the resources and culture of the family in the appropriate column. Describe your family
structure in terms of leadership, communication, and order.

Activity 1.2. This time consider only the strengths of the three forces in your family.

The Strengths of the Family in Micro-Environment

Strengths in family Strengths in family Strengths in family

resources culture structure
 Being contented on what  We value our family  Good/ Positive
we have. cultures. communication.
 Giving importance to the  Healthy and disciplined
things in the house. relationship.
 Good leadership.

Assess the strengths of your family in terms of resources, culture, and structure. Will they provide the
family with the advantage or capability to open a small business in the local community? Explain your
answer on the spaces below.
  Yes, since we possess the qualities and characteristics required to run a small business, such as
commitment and united leadership, trust and authenticity, flexibility and versatility, vision and
long-term objectives. Family-owned and -run businesses can achieve, maintain, and elevate a
sense of business stability in its leadership and overall organisational structure and culture.

Activity 1.3. Using the SWOT analysis, plot the family strengths and weaknesses andthe opportunities
and threats in your local community. Write it in a separate bond paper. Refer to the format that follows.

Strengths and Weaknesses Family strengths Family weaknesses

Opportunities and Threats 1. Good/ Positive 1. Personal problem with each
communication. other.

Opportunities in the local
community
1. Clothing business
2. Food cafe
Threats in the local
community
1. More cheaper services other
shops can offer.
2. Customers have other
interests.
2. Good leadership.
How will you use the
family strengths to take
advantage of the
opportunities in the local
community?
 I will use it as a guide in
thinking what business
should we do.
How will you use the
family strengths to avoid
or minimize the threats in
the local community?
 I will use the benefits
and strengths I have to
prevent this threats.
How will you overcome
the family weaknesses by
taking advantage of the
opportunities in the local
community?
 I will use my family’s
capabilities to avoid the
weaknesses and threats.
How will you minimize the
family weaknesses to
avoid or lessen the threats
in the local community?
 By planning things a
head.