BUSINESS ENTERPRISE

SIMULATION
DEVELOPING NEW IDEAS FOR BUSINESS
4rd Quarter (2nd semester)

Student’s name: __________________________Grade & Section: __________________

Module 9: Developing New Ideas for Business

(4th Quarter, 2nd Semester)
Developing an idea is a prerequisite before starting a business. As an entrepreneur, one of the greatest
advantages is being able to work on something that you are passionate about or harmonized with your
interests. Doing market research can help a lot; the more information you can gather about the possible
demand for your product or service, competitors, needs, and wants of your prospective customers, the more
successful you are likely to be.

LEARNING OBJECTIVE

At the end of this module you could be able to develop, implement and communicate new ideas to
others effectively. (DICES)

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 LESSON PROPER
Tips on how to develop new ideas for business may vary depending on the type and size of business
you wanted to engage in. For large businesses like partnership and corporations, there may be longer and
heavy process involved before the actual launching of the business. In addition, goods and services may also
have different practices in developing such since it offers dissimilar products and its methods and features are
totally different from each other.

LAS # 9.1

Activity Title: Start your business idea!

Learning Target: The learners will be able to develop, implement and communicate new ideas to others
effectively. (DICES)
Values/Graduate Attribute: The learners will become effective in communicating business ideas to
others.

I. Concept Notes:

STEPS ON HOW TO DEVELOP YOUR STARTUP IDEA FOR BUSINESS

Consider your Conduct market

interest and Note down your research & Carry out
analyze the ideas and expand competitive analysis
relevant market them

Create/design/
Model your
Execute PEST & sketch your business (Create a
SWOT Analyses mockup and full business plan)
then test it

Test your product Fund your business

Develop your final and Gather &
product customer feedback make it legal

II. Exercises: Create your own steps or process of developing new ideas for business (simply
listing). As an ABM student, you must present clear, complete, and relevant ideas that
even non-entrepreneurs can easily understand and follow.

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 RUBRIC FOR SCORING

Criteria Outstanding Very Good Good Poor

4 3 2 1
Clarity The steps are The steps are clear. The steps are The steps are
clear and well somewhat clear. not clear.
organized.
Completeness The ideas The ideas presented The ideas presented The ideas
presented are are complete. are somewhat presented are
complete, easy to complete. incomplete.
understand and
follow.
Relevance The ideas shared The ideas shared are The ideas shared The ideas
are relevant and relevant. are somewhat shared are
well-timed. relevant. irrelevant.

MY LEARNING EXPERIENCE
We want to hear your thoughts! Answer the following questions. Write your answers on a
separate sheet of paper.
1. What have you learned from this module?
2. What activities did you find enjoyable and easy?
3. What difficulties did you encounter in accomplishing this module?

REFERENCES
• Batisan, R., S. (2016). Business Enterprise Simulation. Makati City, Philippines: DIWA Learning
_____Systems, Inc.
• DICES Curriculum map and Syllabus
• https://medium.com/venture-labs/research-and-develop-your-business-ideas-new-products-
and-services-b66f5a4d9d81
• https://www.google.com/search?q=developing+new+ideas+for+business&oq=&aqs=chrome.
1.35i39i362l8...8.410077j1j7&sourceid=chrome&ie=UTF-8
• Quero, R., A. (2020). Business Enterprise Simulation, 2nd Edition. Makati City, Philippines: DIWA
_____Learning Systems, Inc.

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 POST-ASSESSMENT

(This is a form of Summative Assessment of Module 9 and will be recorded as one of your written outputs.
Write your answers on another sheet of paper.)
Directions: Create a campaign material about developing business ideas. The material must contain tips on
how to develop, implement and communicate business ideas. Please refer to the rubric below on how your
output will be graded.
4 3 2 1 Score
PRESENTATION The output is The output The output Creativity needs
AND interestingly shows shows a lack to be improved.
CREATIVITY creative and creativity. of creativity
presentable. but effort is
X4 evident.
QUALITY OF Information Information Information Information has little
or nothing to do with
INFORMATION clearly relates relates to the relates to the the topic.
X3 to the main main topic. It main topic. No
topic. It provides some details or
includes several supporting examples are
supporting details and given.
details and/or examples.
examples.
MECHANICS No spelling or Very few There are a Grammar and
X1 grammar spelling or significant spelling
mistakes. grammar number of mistakes detract
mistakes. spelling and from the reading
grammar of the work.
mistakes.
NEATNESS AND Information is Information is The output is The output is
ORGANIZATION well organized. organized with attractive unattractive and
X1 Well presented well- though it may poorly
in terms of constructed be a bit messy. presented. Not
design and paragraph and Very little having enough
neatness. sentences. content is information to
accurate. make a decision.
PROMPTNESS Information is The output The output The output was
X1 organized with was submitted was submitted submitted days
well- on time. a day after the after the allotted
constructed allotted date. date.
paragraph and
sentences.

TOTAL /40

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