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CAMP VICENTE LIM INTEGRATED SCHOOL

BRGY. MAYAPA, CALAMBA CITY, LAGUNA


Weekly Home Learning Plan/Tasks
APPLIED ECONOMICS
Quarter 2 - Week 1

Name: ________________________________
Grade-Strand and Section: ________________
DATE LEARNING TASKS
TYPES OF INDUSTRIES
This lesson will focus on industries, although many school textbooks list only three levels, more advanced books classify industry
into five levels. The terms for each level originate from Latin words referring to the numbers one to five.

Classification of Industry

Day 1

1. Types of
Industries

In the Philippines, we use the Philippine Standard Industrial Classification (PSIC). The PSIC is a detailed classification of
industries prevailing in the country according to the kind of productive activities undertaken by establishments. The 2009 PSIC
was patterned after the UN International Standard Industrial Classification (ISIC) Rev. 4, but with some modifications to reflect
national situation and requirements.

The following are major industries in the Philippines:


Agribusiness - a business that earns most or all of its revenues from agriculture. An agribusiness tends to be large scale
operations and deals with farming, processing and manufacturing, packaging and distributing agricultural products.

List of Agribusiness in the Philippines

These are list of some profitable agribusiness out there these are processed fruits and vegetable, seaweeds, tropical fruit purees
and juices, fresh tropical fruits, sugar, bio ethanol and others.

Manufacturing
The process of converting raw materials, components, or parts into finished goods that meet a customer’s expectations or
specifications. There are many laws and regulations that govern the manufacturing industry. The business will be require to
conform to all the licensing bodies may it be the government or the local authority’s requirements.
Some of the best small manufacturing businesses that can be carried out at your residence are:
1. Furniture Making – make or create furniture such as lockers, bookshelves, showcases, chairs, tables, etc.
2. Drinking Water Business- Business that sell drinking water package in a plastic bottles or container.
3. Soap Manufacturing business- business that produce different soap products.
4. Commercial Bread Making- bread making is easy and simple business that can be done at home

Retail and Services


Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit
and usually it’s done directly to its final consumer. Retailing includes subordinated services, such as delivery. The term “retailer”
is also applied where a service provider services the small orders of a large number of individuals. Recently, online retailing, a
type of electronic commerce used for business – to – consumer (B2C) transactions and mail order, are forms of non – shop
retailing.
Types of Retail Products:
1. Food products – typically require cold storage facilities.
2. Hard goods or durable goods – these are automobiles, appliances, electronics, furniture, sporting goods, lumber, etc., and
parts for them. Goods that do not quickly wear out and provide utility over time.
3. Soft goods or consumables – clothing, other fabrics, footwear, cosmetics, medicines and stationery. Goods that are consumed
after one use or have limited period (typically under three years) in which you may use them.
4. Arts – Contemporary art galleries, Bookstores, Handicrafts, Musical instruments, Gift shops, and supplies for them.

On the other hand, The typical service business provides intangible products, such as accounting, banking, consulting, cleaning,
landscaping, education, insurance, treatment, and transportation services.

International Trade
International trade is the exchange of capital, goods, and services across international borders or territories, significant share
of gross domestic product (GDP). While international trade has been present throughout much of history its economic, social,
and political importance has been on the rise in recent countries. It is the presupposition of international trade that a sufficient
level of geopolitical peace and stability are prevailing in order to allow for the peaceful exchange of trade and commerce to take
place between nations.
Trading globally gives consumers and countries the opportunity to be exposed to new markets and products. Almost every kind
of product can be found on international market: food, clothes, spare parts, oil, jewelry, wine, stocks, currencies, and water.
Services are also traded: tourism, banking, consulting, and transportation. A product that is sold to the global market is an
export, and a product that is bought from the global market is an import. Import and exports are accounted for in a country’s
current amount in the balance of payments.

PERFORMANCE TASK 1

RUBRICS FOR SCORING

Can you recommend manufacturing ideas/products that are


profitable during this pandemic crisis COVID-19 and Why?

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WRITTEN TASK 1 Direction: Write the letter of the correct answer on a space provided before each number.
________1. The process of selling goods and services through sales channel to reach its consumers
a. Barter b. Discounts c. Retail d. Trade
________2. This is an agribusiness which involves growing fish in an enclosed area.
a. Goat Raising b. Fish Pens c. Rice Farming d. Vegetable Farming
________3. This involves raising of chickens, ducks, and other domesticated birds for meat and egg for human
. consumption.
a. Cattle Raising b. Goat Raising c. Poultry Raising d. Vegetable Farming
________4. Production of products using labor, machines, methods, and tools for use or sale.
a. Agribusiness b. Manufacturing c. Retail and Services d. International Trade
________5. Agribusiness is a business that deals with production and distribution of ___________________.
a. Agricultural products b. Car making c. Retail Products d. Basket Making
________6. It deals with raising of pig or swine for livestock and human consumption.
a. Duck Raising b. Cattle Raising c. Goat Raising d. Hog Raising
________7. These are type of retail products that is intended to be consumed in a quick manner.
a. Arts b. Hard Goods c. Soft Goods d. Substitutes
________8. This business deals with creation or production of goods like tables, chairs, and cabinets.
a. Hog raising b. Corn farming c. Furniture Making d. Poultry Farming
________9. These are list of business that involves agriculture except _______________.
a. Hog raising b. Corn farming c. Furniture Making d. Poultry Farming
________10. A business that deals with farming, processing and manufacturing, packaging and distributing agricultural
products.
a. Agribusiness b. Manufacturing c. Retail and Services d. International Trade
________11. Deals with selling of one of the basic consumptions of man which is water.
a. Drinking Water Business b. Soap manufacturing c. Bakery d. Furniture Making
________12. This industry is involved in information technology business.
a. Primary Industry b. Secondary Industry c. Tertiary Industry d. Quaternary Industry
________13. Internet provider, janitorial services and health care are part of this industry.
a. Primary Industry b. Secondary Industry c. Tertiary Industry d. Quaternary Industry
________14. This industry provides a wide range of personal and professional services to consumers.
a. Primary Industry b. Secondary Industry c. Tertiary Industry d. Quaternary Industry
________15. This industry that takes raw materials from earth and sell it for use or undergo manufacturing process.
a. Primary Industry b. Secondary Industry c. Tertiary Industry d. Quaternary Industry
Check the box:
Completely done.
Incompletely done. Reason: _____________________________________________________________________
____________________________
Parent’s Signature
CAMP VICENTE LIM INTEGRATED SCHOOL
BRGY. MAYAPA, CALAMBA CITY, LAGUNA
Weekly Home Learning Plan/Tasks
APPLIED ECONOMICS
Quarter 2 - Week 2
Name: ________________________________
Grade-Strand and Section: ________________
DATE LEARNING TASKS
APPLY SWOT ANALYSIS AS A TOOL IN EVALUATING A BUSINESS OPPORTUNITY
Industry and Environmental Analysis
In a book published by the Development Academy of the Philippines, how to prepare project feasibility studies, it includes an
industry analysis of the following important factors:
➢ Competition-Who are your competitors in the industry? What is the market share of these businesses? It is very
important that you know your competitors and be ready for them.
➢ Customers-Who will you sell your product to? The target market must be identified. Who exactly will buy your
products?
➢ Suppliers- Who are your suppliers, from whom one can source raw materials, intermediate products, or even
finished goods one intends to resell. A business may need one or more suppliers. It is important to develop
suppliers who are reliable in terms of quality of what they supply and their dependability in coming up with your
order.
In short, Industry Analysis is a tool that facilitates a company's understanding of its position relative to other companies that
produce similar products or services. Understanding the forces at work in the overall industry is an important component of
effective strategic planning. Industry analysis enables small business owners to identify the threats and opportunities facing
their businesses, and to focus their resources on developing unique capabilities that could lead to a competitive advantage.

Environmental Analysis
➢ According to Robert Grant, author of “Contemporary Strategy Analysis” an environmental analysis surveys the
Day 1 business landscapes to determine how external variables will affect its decision making.
➢ It is the careful study of various factors influencing the business. It is the process by which organization monitor
1. Apply SWOT their relevant environment to identify opportunities and threats affecting their business.
Analysis as a tool ➢ It helps to identify opportunities, to plan and to take appropriate actions.
in evaluating ➢ It is the study of technological factor, political factors, global factor and so on. By carefully analyzing the
business environment, the businessmen come to know the opportunities provided and threat posed by environment. Keeping
opportunity in view, its strengths and weakness, it can avail benefits of available opportunities and face threats.

Objectives of Environmental Analysis


1. To understand current and probable change in environment. It is importance that one must be aware of existing
environment and changes in various factors of environment like changes in economic, technological, political,
global environment, and so forth.
2. To provide input for decision – making. Decision – making means to select an alternate among the various available
alternates. In this process, we need information for analyzing various alternates, so that the best alternate is
selected. Environmental analysis provides such information to decision maker.
3. To ensure optimum utilization of resources. The key of business success lies in the most effective utilization of the
company’s resources.

Process of Environment Analysis


1. Monitoring- means to understand the various environment factors which affect the business and to identify
published or unpublished sources of information which affect business. Eg. newspapers, magazines and journals
2. Searching and Scanning- needed to manage the timely availability of required information by scanning and
searching. Many organizations have management information system for systematic gathering, processing, storing
and providing information.
3. Forecasting- an essential element in environment analysis. Forecasting is concerned with estimation of direction
and intensity of changes in environment factors. Forecasts of important components of business environment help
in formulating plans and strategies.
4. Evaluation and Assessment – identify and evaluate as to how these environmental changes will affect our business
so that appropriate counter strategies can be made well in time. Assessment provides us answer to the key issues
presented by the environment and their impact on business industry and makes analysis easier. The five forces
are the following:
1. Intensity of industry rivalry
2.Threat of potential entrants
3. Bargaining power of suppliers
4. Bargaining power of buyers
5. Threat of substitute goods/services

The SWOT Analysis


SWOT is an acronym for strengths, weaknesses, opportunities, and threats. In short, SWOT Analysis is a planning tool used
to understand the strengths, weaknesses, opportunities, and threats involved in a business or project.
A SWOT analysis can be carried out for a product, place, industry, or person. It involves specifying the objective of the
business venture or project and identifying internal and external factors that are favorable and unfavorable to achieve that
objective. Some authors credit SWOT to Albert Humphrey (2005), who led a convention at the Stanford research institute
(now SRI International) in the 1960s and 1970s using data from Fortune 500 companies. However Humphrey himself does
not claim the creation of SWOT, and the origins remain obscure.
1. Strengths – This pertains to the characteristics of the business or project that gives advantage over others. The
primary technique for identifying your business strengths involves evaluating which operations actually make
money.
2. Weaknesses – A characteristic that place the business or project at a disadvantage relative to others. Identify
weaknesses by finding parts of your operation that cost you money.
3. Opportunities – These are the elements that the business or project could exploit to its advantage. The technique
for identifying opportunities encompasses finding markets, partnerships, products or services that you actually can
pursue.
4. Threats – These are the elements in the environment that could cause trouble for the business or project. Owning
a business means facing risk. Use the technique of including only threats that have direct impact currently on your
business or that seem as if they will impact you and your business in the next five years.
Internal and External Factors of SWOT
The internal factors are the strengths or as weaknesses depending upon their effect on the organization’s objectives. What
may represent strengths with their respect to one objective may be weaknesses (distractions, competition) for another
objective. The factors may include all of the 4Ps – price, product, promotion and place; as well as personnel, finance,
manufacturing capabilities and so on.
The external factors may include macroeconomic matters, technological change, legislation, and socio-cultural changes, as
well as changes in the market - place or in competitive position. The results are often presented in the form of a matrix. SWOT
analysis may also be used in pre-crisis planning and preventive crisis management.
SWOT analysis may also be used in creating recommendations during a viability study/survey.

PERFORMANCE TASK 2 Choose a business or online business that you might like to do in the future and make a SWOT
Analysis to help you decide if your business is feasible. Make a PowerPoint Presentation. RUBRICS (50 pts.)

Brief Introduction of the Business:


Brief introduction of the business and company’s background. State the purpose of the business

Strengths:
1. What does your business do well?
2. Is your business strong in its market? (do research and support with evidence)
3. Does your business have a strong sense of purpose and the culture to support that purpose?

Weaknesses:
1. What does your business do poorly?
2. What problems could be avoided?
3. Are there any potential financial difficulties?

Opportunities:
1. Are industry trends moving upward? (support with evidence, provide sources)
2. Do new markets exist for your products or services? (do research, support with evidence, provide sources)
3. Are there any new technologies you can exploit?

Threats:
1. Who are your competitors?
2. What are competitors doing well?
3. What obstacles do you face?
4. Are there troubling changes in your business environment such as technologies, laws, and regulations? (do research,
support with evidence, provide sources)

Check the box:


Completely done.
Incompletely done. Reason: ___________________________________________________________________

____________________________
Parent’s Signature
WRITTEN TASK 2 Direction: Write the letter of the correct answer on a space provided before each number.

________1. This economist states that environmental analysis surveys the business landscapes to determine how external
variables will affect its decision making.
A. Adam Smith Keynes B. Alfred Marshall C. John Maynard D. Robert Grant
________2. Which statement is not true about environmental analysis?
A. It is a process by which organization monitor their relevant environment.
B. It helps identifies opportunities, plan and does take action.
C. It identifies strengths and weaknesses of the business.
D. It does not study various factors affecting the business.
________3. This objective of environmental analysis puts relevance that one must be aware of existing environment
specifically factors such as changes in economic, technological political and so forth.
A. To provide input for decision-making.
B. To ensure optimum utilization of resources
C. To identify the threats and opportunities of environment.
D. To understand current and probable change in environment.
________4. This objective of environmental analysis means to choose an alternate among the alternatives so that the best
alternates is selected and decided.
A. To provide input for decision-making.
B. To ensure optimum utilization of resources
C. To identify the threats and opportunities of environment.
D. To understand current and probable change in environment.
________5. This objective of environmental analysis examines opportunities and threats in the environment.
A. To provide input for decision-making.
B. To ensure optimum utilization of resources
C. To identify the threats and opportunities of environment.
D. To understand current and probable change in environment.
________6. This objective of environmental analysis puts outmost importance in the proper use of the company’s
resources to make the business successful.
A. To provide input for decision-making.
B. To ensure optimum utilization of resources
C. To identify the threats and opportunities of environment.
D. To understand current and probable change in environment.
________7. Proponent of SWOT Analysis since he led a convention at the Stanford Research Institute (now SRI
International) in the 1960s and 1970s using data from Fortune 500 companies.
A. Adam Smith B. Albert Humphrey C. John Maynard Keynes D. Robert Grant
________8. SWOT analysis is a technique use to evaluate business or project. The acronym for SWOT is ___________.
A. Suppliers, Workers, Overtime, Tool
B. Staff, Workers, Operation, Time
C. Strengths, Weaknesses, Opportunity, Threats
D. Supreme, Weaknesses, Opportunity, Threats
________9. If a business has a strong support in the market, then your business has ___________.
A. Opportunity B. Strength C. Weakness D. Threat
________10. When you receive a proposal for new investor, then your business has _______.
A. Opportunity B. Strength C. Weakness D. Threat
________11. In an online business, which of the following can be classified as an opportunity?
A. Well known blogger patronizes your products.
B. Discover a new level of marketing that can increase your sales
C. Customer are supportive
D. Difficulty in distributing products to rural areas
________12. Proponent of Forces Competitive Model
A. Adam Smith B. Albert Humphrey C. John Maynard Keynes D. Michael Porter
________13. In an online business, which of the following can be classified as threats in the business?
A. Competitors have well known bloggers that patronize products
B. Free shipping fee to your valued clients
C. Customers have freebies
D. Financial difficulties
________14. This pertains to the characteristics of the business or project that could endanger the profitability of the
business.
A. Opportunity B. Strength C. Weakness D. Threat
________15. In an online business, when your online site has thousand followers then your business has _________.
A. Opportunity B. Strength C. Weakness D. Threat

Check the box:


Completely done.
Incompletely done. Reason: ___________________________________________________________________

____________________________
Parent’s Signature
Comments and Suggestions for this week:
__________________________________________________________________________________________________________________

____________________________
Parent’s Signature

Prepared by: Checked by: Reviewed by: Noted by:

EARL G. BERUELA EVELYN A. LAZO ALMIDA T. CAMITAN MILDRED M. DE LEON


Teacher III Master Teacher II Head Teacher IV Principal III

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