GE ELECTIVE 1

THE ENTREPRENEURIAL MIND

NAME:, ILAGAN, STEIFFEN IVAN T.

PROGRAM: BSN
YEAR LEVEL/SECTION: 1-C
INSTRUCTOR: Ms. Ma. Claridelia Estero

GE ELECTIVE 1
The Entrepreneurial Mind
(Intro to Entrepreneurship)

Module 1

Vocabulary
Search the meaning of the following terms:
Differentiate between entrepreneur and enterprise.
Terms Meaning(keyword/s)
Entrepreneurship It defines an organization that runs and managed bu a
entrepreneur for the entire process making it called
entrepreneurship.
entrepreneur It is a person who organizes and runs the business who takes
risks and making hard decision on his/her business.
Business plan It is a written document which sets on how is the business plans
and its objectives also on how they will achieve them by their
own marketing strategy their developmental skills and
production.
Product creation It defines by planning their own product by exploring more and
thinking their own strategy by making their own prototype thus
putting it on to the test if their will work or not. if their prototype
works then the company will release new products to sell,
service It defines as the benefits or satisfactions which are offered for
sale or are provided in connection with the sale of goods. Thus,
service is an act or performance that can be offered by one
party to another.
product Products are usually made from different businesses and can be
categorized in any part of the satisfaction it is a broad goods
from essential goods to any objects that has the ability to satisfy
the customer’s needs.
income An income is a vital statement that shows a company’s financial
performance during their period, and it is composed of revenue,
gains, expenses, losses, and net income.
Micro business It is a small business that can run by one to ten staffs in its
company examples like café, bakeshop, and overruns and more
Macro business It consists of the broader economic, social, demographic and
political which company and industry takes place.
profit It is consumed within an accounting year like benefits thus entire
amount is charged to income statement and does not appear in
 the balance sheet.
capital It produces benefit over several years, thus it is a small part is
charged income statement as depreciation and the rest appears
in the balance sheet.
investment Defines the act of allocating resources, usually it is involved in
money, with the expectation of generating, an income or profit.
business It pertains profit and non-profit seeking activities that is engaged
in purchasing or selling goods thus services to satisfy the
customers or society’s needs and wants.
enterprise Is another word for a profit business or company, but it is more
often associated with entrepreneurial success are often to as
enterprising.
venture It refers to a risky start-up or enterprise company. It is a
business plan that gives an opportunity or chance to set up a
company/business on the basis of innovative ideas.
goods It is a physical products with form and substance used by
consumers for their satisfaction.

A. Learning Activity1 :Picture Analysis/ Storyboard

Directions: Write your own picture analysis or a storyboard about the photographs below.
When a student makes an observation, ask the student how he or she knows that. 
For example, if the student says “she’s farming,” ask “what do you see that makes you say
that?”  This will help focus the student’s looking and allow the students to notice details and
make assumptions about those details.What does the photographs tell you about
Entrepreneurial mind?Entrepreneurship?

 
Watermelons along the road in Catanduanes and watermelon plantation

Well in my own experience and observation when I go to province these kinds of things
are very common especially in mountain areas wherein the population of poverty there is
OBSERVATION/Analysis: What is your opinion?
high and high rate of unemployment people. But this is a common but huge help strategy
wherein you can start your own business by selling your own resources from fruits to
vegetables or preloved goods. By selling these kinds of things you will have less
expenses and high income and that income may help you to start your business as the
times goes by, we can make a huge profit from it as we expand our small business to a
large and someday be a supplier to other retailers. But somehow there will be a
disadvantages when selling these due to seasonal harvest and its demand, that’s why
we must be a practical person and be always prepared for your backup plan.

B Learning Activity: Picture analysis

What does the photographs tell you about the life of these people?
Use the Photograph Analysis Worksheet below.
 Your Photo Analysis Worksheet: Study the photographs for 1-2minutes.
Description of the Visual Analysis Personal Analysis Context
Photograph
What is the subject What is your eyes Does the What was the
content? drawn to first? photograph/s tell you message of the
a story? photographer trying to
communicate?
These is where the Yes, because it That we shouldn’t
rice production starts shows how rice is waste our food
The content that I see processed from because every
is rice farming. harvest to sack delicious meals has
its own hard work
What do you think is PEOPLE Activities Objects/ Things
the relationship
among the
photographs shown?
 As what I see is that They are the one who As what is shown
these farmers plant plants and takes care there are sacks of rice
the rice seedling until of their area and as who are ready for
it grows and wait to we can see every rice selling and during its
harvest also to mill palay is carefully process they used
them until this rice handpicked and machines for the
can process through handmade every palay.
manufacturers who process just to have
sells them. their income to feed
their family.
EXPERIENCE Entrepreneurship Activities
Directions: Choose one (1) practice activity below for your entrepreneurial mind start-
up.
Answer how can you practice or implement these activity in your life.
Practice Activity:

3. Online video clips or short film on manufacturing

Example: soap production; shoes production or food production
Product information are interesting because some students are updated on the different
brands of product such as soap, t-shirt, bags, dress, shoes, milk, canned goods, candies, etc
(List ten (10) products or goods)

In this time of pandemic, we need to be practical and as we can see during lockdown
many people tried to sell their stuffs online just to have extra income. So, in my mind start
and these days I chose this selection because we can sell and advertise them online also
we can do a live selling like SHOES, TOYS, CLOTHING, ESSENTIAL GOODS, BAGS,
AND OTHER NECESSITIES that’s why we need to be practical thus we can sell unused
items in our own household to have a startup income and to buy and resell them online.

Evaluation:
Summative Quiz will be administered via Google Form/ E-class.

EXIT CARD
Answer the following statements .

I realized that: Im done with my module 1.

I learned that every business and products has its own hard work.