Learning Activity Sheet

Grade Level/ Subject Grade 11 – Entrepreneurship Quarter 1

Week/Module 1

Topic Entrepreneurship Introduction Competency 1

MELC Discuss the relevance of the course Duration 4 hours

Specific Objectives (When applicable)

At the end of the lesson, learners are
expected to:
1. define what is an entrepreneur
and entrepreneurship; and
2. enumerate the relevance of the
course; and
3. explain the relevance of the
course.

I. Let’s Know
What is an “entrepreneur”? According to the Investopedia, the term “entrepreneur” was
derived from the French word entreprendre which means “”to undertake”. They “undertake” to
take a risk in creating, organizing and operating the business and also being innovative to the
products and services that they will offer the market. Entrepreneurship on the other hand, is the
process of establishing what type of business the entrepreneur will be creating or introduce to
the market.

Entrepreneurial activities serve as a vital role now in our country most specially in the
economic growth. Through these businesses, job opportunities were established and innovation
of the materials and/or products.

Whatever happens to the business lies on the decision making of the entrepreneur. The
entrepreneur:
• exercises his capabilities on deciding what’s best for the business. Studying the
business’ pros and cons, identifying the problem, providing a solution then, weighing and
choosing the best option.
• businesses were established, job opportunities and new products were created
• the standard living in the society will be improved. A wide variation of products and
services will be offered and readily available in the society.
• Potential investors from all over the world could also see this as an opportunity to
expand its business in our country, which helps our economic growth and attract more
investors that could create more job opportunities for our fellowmen.
There are two factors affecting entrepreneurship namely: personality and environmental
factors:
 FACTORS AFFECTING
ENTREPRENEURSHIP

PERSONALITY ENVIRONMENTAL
FACTORS FACTORS

Initiative Political Climate

Proactive Legal System

Perseverance Economic Condition

Problem-solver Social Condition

Persuassion

Self-confidence

Self-critical

Planner

Risk-taker

MELCS1.Figure 1. Two Factors Affecting Entrepreneurship

Personality Factors
• Initiative – doing things before being asked to do so
• Proactive – identifying the opportunity and take the chance to make a
change
• Perseverance – doing the best in order to achieve something
• Problem-solver – thinking for best solutions when problem arises
• Persuasion – “convincing power” to the potential customers to avail products
• Self-confidence – believes in one’s abilities
• Self-critical – learning from one’s mistake
• Planner – gathering information and formulating a plan for execution
• Risk-taker – after taking and assessing all the information gathered, the
willingness to take the calculated risk
Environmental Factors
• Political Climate – government activities in foreign market that either facilitate or
 hinder a business’ ability to conduct business
• Legal System – laws imposed that could affect the business operation.
Application of business permit before starting the business and
paying necessary tax
• Socio-Economic Conditions – if there is recession, it has the ability to shift the
consumer’s attitude toward its buying decisions
which creates an impact on the success of an
entrepreneur.

II. Let’s Perform & Practice (Activity)

Answer the following questions:
1. What is an entrepreneur?
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________

2. What are the factors affecting entrepreneurship? Explain each in your own
words.
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________

III. Let’s Connect / Let’s Analyze

Since we already studied what is the relevance of studying entrepreneurship, I want you
to list down at least five (5) qualities that you possess as an entrepreneur student. Support
your answer.
________________________________________________________________
________________________________________________________________
________________________________________________________________
________________________________________________________________
IV. Let’s Answer
Encircle the letter of your answer.

1. What best describes an entrepreneur?

a. A person who is willing to take risk.
b. A person who has money to start a business.
c. A person who has the qualities to run a business.
d. A person who is willing to take a calculated risk and willing to start a
business.

2. Which of the following is a personality factor that affects entrepreneurship?

a. Political Climate
b. Self-Confidence
c. Market Situations
d. Socio-Economic Conditions

3. What is the main objective of an entrepreneur in setting up his/her own

business?
a. Gain profit
b. Short-term investment
c. Create job opportunities
d. Compete with other businesses

4. Which of the following is a personality factor that convinces his/he customer to

buy his/her product?
a. Initiative b. Persuasion c. Self-confidence d. Self-critical

5. Which of the following does not belong to the group?

a. Initiative b. Legal System c. Perseverance d. Risk-taker

V. Let’s Explore / Let’s Create

After assessing what qualities you have, create a Venn Diagram which shows the
similarities and differences of the qualities you already possess and an entrepreneur has. Do
you have what it takes to become an entrepreneur?
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
 Rubrics

Indicators 5 4 3 Score
Comparison There are at least There are (2) two There is (1) one
(3) three clear comparison comparison example
comparison examples between between the two
examples between the two objects. objects.
the two objects.
Contrasting There are at least There are (2) two There is (1) one clear
Points (3) three clear clear contrasting contrasting example
contrasting examples between between the two
examples between the two objects. objects.
the two objects.
Conclusion The conclusion The conclusion The conclusion
paragraph restates paragraph restates restates the author's
the author's opinion the author's opinion opinion or topic, but
and topic in a and topic. not both. It is more
different way. It like a sentence than
brings the essay to a paragraph.
a close.
Spelling, The comparative The comparative The comparative
Grammar and essay had few to no essay had some essay many spelling,
spelling, spelling, punctuation, and
Punctuations
punctuation, and punctuation, and grammar errors. It
grammar errors. grammar errors. was difficult to read.
https://www.rcampus.com/rubricshowc.cfm?sp=yes&code=G7X48X&

Prepared by:

RODERICK P. CASING, MBA

Entrepreneurship Teacher
 Answer Key
Week #1

IV. Let’s Answer

Answers: 1. D 2. B 3. C 4. B 5. B