Professional Documents
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TLE–IA-EIM
Quarter 1 – Module 2:
Environment and Market (EM)
EIM – Grade 9/10
Alternative Delivery Mode
Quarter 1 – Module 2: Environment and Market (EM)
First Edition, 2020
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TLE-IA-EIM
Quarter 1 – Module 2:
Environment and Market (EM)
Introductory Message
For the facilitator:
This learning resource hopes to engage the learners into guided and
independent learning activities at their own pace and time. Furthermore,
this also aims to help learners acquire the needed 21st century skills while
taking into consideration their needs and circumstances.
In addition to the material in the main text, you will also see this box in the
body of the module:
As a facilitator, you are expected to orient the learners on how to use this
module. You also need to keep track of the learners' progress while allowing
them to manage their own learning. Furthermore, you are expected to
encourage and assist the learners as they do the tasks included in the
module.
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For the learner:
This module was designed to provide you with fun and meaningful
opportunities for guided and independent learning at your own pace and
time. You will be enabled to process the contents of the learning resource
while being an active learner.
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competency.
In this portion, another activity will be given
Additional Activities to you to enrich your knowledge or skill of
the lesson learned.
1. Use the module with care. Do not put unnecessary mark/s on any
part of the module. Use a separate sheet of paper in answering the
exercises.
2. Don’t forget to answer What I Know before moving on to the other
activities included in the module.
3. Read the instruction carefully before doing each task.
4. Observe honesty and integrity in doing the tasks and checking your
answers.
5. Finish the task at hand before proceeding to the next.
6. Return this module to your teacher/facilitator once you are through
with it.
If you encounter any difficulty in answering the tasks in this module, do
not hesitate to consult your teacher or facilitator. Always bear in mind
that you are not alone.
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What I Need to Know
In this module, you will learn more about environment and market related to
Electrical Installation and Maintenance. As learners who aspire to start a business
need to explore the economic, cultural, and social conditions prevailing in your
town /municipality. Identifying the needs of the community, its resources, available
raw materials, skills, and appropriate technology can help entrepreneur in seizing
business opportunities. Moreover, to be a successful in any kinds of business
venture, potential entrepreneurs should always look closely at the environment and
market. You should always be watchful on the existing opportunities and
constraints as well as spirited enough to take calculated risks. The opportunities in
the business environment are those factors that provide possibilities for a business
to expand and make more profits. Constraints, on the other hand, are those factors
that limit the business to grow, hence reduce the chance of generating profit. One
of the best ways to evaluate the opportunities and constraints is to conduct
Strengths, Weaknesses, Opportunities and Threats (SWOT) Analysis.
Now that you have read some important considerations to look into to be
successful in any business, you are now ready to explore more about the
environment and market.
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What I Know
Let us determine how much you already know about the product
development and unique selling proposition in environment and market by
answering the questions below. Use your notebook for your answers.
I. Multiple Choice
Directions: Read, analyze and understand each question carefully for each item.
Write the letter of your answer in your activity notebook.
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10. This refers to the process of making a new product to be sold by a business or
enterprise to its customers and may involve modification of an existing product
or its presentation.
A. New idea C. Creativity
B. Product development D. Innovation
Lesson
1 Product Development
What’s In
After understanding the objectives of this module and having gone through
pre-assessment, you are now asked to set your personal goals. These goals will
motivate you to achieve the goals of this module that will eventually make you more
aware about Environment and Market.
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Goals and Learning UI eventually make
Targets Activities you more aware of
your ultimate Goal
What’s New
After setting your own personal goals and targets in achieving the objectives
of this module, you will have the opportunity to read and learn more about
environment and market. You will also be given a chance to do practical exercises
and activities to deepen your understanding of the topic.
Task 1
Directions: Answer the following guide questions and write your answers in your
activity notebook.
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2. What benefit will the customers expect from the products or services?
__________________________________________________________________________________
_________________________________________________________________________________.
3. How will the product/service differ from the existing brand, or from its
competitors?
__________________________________________________________________________________
_________________________________________________________________________________.
4. What are the needs in business that are important things that every individual
cannot live without in a society?
__________________________________________________________________________________
_________________________________________________________________________________.
What is It
Product Development
The term development in this module refers collectively to the entire process
of identifying a market opportunity; creating a product to appeal to the identified
market; and testing, modifying, and refining the product until it becomes ready for
production.
Likewise, needs and wants of the people within an area should also be taken
into big consideration because everyone has his/her own needs and wants.
However, everyone has different concepts about needs and wants. To illustrate,
needs in business are important things that every individual cannot live without in
a society. These include:
1. basic commodities for consumption
2. clothing and other personal belongings
3. shelter, sanitation and health; and
4. education.
Basic needs are essential to every individual so he/she can live with dignity
and pride in a community of people. These needs can obviously help you generate
business ideas and subsequently to product development.
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Wants are desires, luxuries and extravagance that signify a wealthy and
expensive way of living. Wants or desires are considered above all the basic
necessities of life. Some examples are the eagerness or the passion of every
individual: fashion accessories, expensive shoes and clothes. Traveling around,
eating in an expensive restaurant, watching movies, concerts; having luxurious
cars, wearing expensive jewelries and perfume, living in impressive homes, and
others are also exampling of people’s wants and desire.
People’s needs and wants are the basic indicators of the kind of business
that you may engage into because they can serve as the measure of your possible
success. Some other good points that might be considered in business
undertakings are the kinds of people with special needs, wants, lifestyles, culture
and tradition, and social orientation. To summarize, product development entirely
depends on the needs and wants of the customers.
Plan
Concept
Development
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The process of product development follows the following stages:
1. Identify customer needs.
Using survey forms, interviews, researches, focus group discussions, and
observations, an entrepreneur can easily identify customers’ needs and wants. In
this stage, the information that can be possibly gathered here are product
specifications (performance, taste, size, color, shape, life span of the product, etc.).
This stage is considered important because this would determine the products to
be produced or provided.
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Finding Value
People buy products for many reasons. There must be something in your
products/services that have satisfied or impressed the consumers. In short, when
you meet their expectations, they will continue patronizing your products/ services.
The value that you incorporate to your product is called value proposition.
Value proposition is “a believable collection of the most persuasive reasons why
people should notice you and take the action you’re asking for.” Value is created by
fulfilling deep desires and solving deep problems. This is the reason why people
spend for your products/services.
Innovation
USP would require careful analysis of other businesses’ ads and marketing
messages. If you analyze what they say or what they sell, not just their product or
service characteristics, you can learn a great deal about how companies distinguish
themselves from competitors.
• Use empathy: Put yourself in the shoes of your customers. Always focus
on the needs of the target customers and forget falling in love with your own
products/services. Always remember, you are making and providing these
products/services for the target customers to eventually increase sales and
earn profit. Essential questions such as what could make them come back
again and ignore competitions should be asked to oneself. Most possible
answers may be focused on quality, availability, convenience, cleanliness,
reliability and friendliness of the products/services.
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• Identify Customer’s Desires. It is important that you understand what
drives and motivates your customers to buy your products/services. Make
some efforts to find out, analyze and utilize the information what motivates
the customers in their decisions to purchase the product or service.
• Discover customer’s genuine reasons for buying the product.
Information is very important in decision making. A competitive
entrepreneur always improves their products or services to provide
satisfaction and of course retention of customers. As your business grows,
you should always consider the process of asking your customers important
information and questions that you can use to improve your product/
service.
What’s More
Task 2
Direction: Deepen your understanding of the lesson by performing the following
tasks:
2. Prepare a short narrative report about the aforementioned topics. You may
highlight the “aspects” that intensify your knowledge of product development. Use
short size bond paper for your output.
Direction: Answer the following set of questions below and present this using a
power point presentation. Use short size of bond paper for your output.
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1. How did the successful entrepreneurs identify their customers?
2. What were their considerations in selecting their customers?
3. Explain their product or service became unique to other products.
4. Did they consult somebody before they engaged in their business? Cite sample
insights that they gained from their consultation.
5. What were their preparations before they started the actual business?
6. What are their creative and innovative techniques they adapted to their product
or service? What was the effect of the innovative techniques to the sales and profits
of their business?
7. What strategy did they consider to have a unique selling proposition to their
products/services?
What I Can Do
Directions: Using the space and figures below, develop your own concept for your
product or service. Utilize bullets in every stage of product conceptualization in
listing important key ideas.
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
________________________________________________________________________________.
1. Identify Customers
Need
7. Prepare a ➢ 2. Target
Product Plan ➢ Specifications
➢ ➢
➢ ➢
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Scoring Rubrics:
Score Criteria
Assessment
I. Multiple Choice
Directions: Read, analyze and understand each question carefully for each item.
Write the letter of your answer in your activity notebook.
1. This is a critical phase in the development of a product because the needs of the
target market are identified; competitive products are reviewed before the
product specifications are defined.
A. Concept development C. Business pricing
B. Product development D. Business idea
3. These are luxuries, advantages and desires that every individual considers
beyond necessary.
A. wants C. desires
B. requirements D. needs
4. This is the factor or consideration presented by a seller that explains why one
product or service is different from or better than that of the competitors.
A. Unique Selling Plan C. Unique Selling Proposition
B. Unique pricing Policy D. Finding Value-added
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5. The stage in product development in which it is very important to review and
estimate the economic implications regarding development expenses,
manufacturing costs, and selling price of the products to be offered/provided.
A. Concept Development C. Perform economic analysis
B. Project Development D. Refine Product Specification
6. This is the introduction of a new idea to make the product and services more
attractive and saleable to the target customers.
A. New idea C. Creativity
B. Product development D. Innovation
7. What are the four basic needs and wants of people in the society?
A. Basic commodities; clothing; shelter; and education
B. Food; clothing; house; and go to abroad
C. Basic commodities; clothing; food and go to abroad
D. Food; clothing; go to abroad; and education
Additional Activities
Task 5: Puzzle
Directions: Read and analyze the following statements and complete the puzzle
below. Write your answers in your activity notebook.
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5. After having gone through with the previous processes, you may now develop a
number of product concepts to illustrate what types of products/services are both
technically feasible fitting to the requirements of the target specifications.
6. It refers to the process of making a new product to be sold by a business or
enterprise to its customers.
7. The needs of the market are identified and reviewed before the product
specifications are defined.
2 A 5
1 G
3 U I
6 U T E
7 O T V
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What I Know Additional activity Assessment
1. B (Puzzle) 1. A
2. C 2. B
3. A 1. Innovation 3. A
4. C 2. Wants 4. C
5. A 3. Education 5. C
6. D 4. Value 6. B
7. A 5. Generate product 7. A
8. B concept 8. B
9. C 6. Product development 9. C
10. B 7. Concept 10. A
development
Answer Key
References
Cabusora, Roman A. and Cueto, Marino C. Electrical Installation and Maintenance;
Prinpia Co., Ltd. 2014
https://www.shopify.com.ph/retail/what-is-product-branding-and-why-its-essential-
in-retail
https://www.google.com/search?q=environment+and+market+(em)+ppt&tbm
https://www.google.com/search?q=PRODUCT+DEVELOPMENT+environment+and+
market+(em)+ppt&tbm
https://www.slideshare.net/eivyportuguez/environment-and-market-111131542
https://searchcio.techtarget.com/definition/product-development-or-new-product-
development-NPD
https://searchcio.techtarget.com/definition/product-development-or-new-product-
development-NPD
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