Republic of the Philippines

ABUYOG COMMUNITY COLLEGE

Second Semester, A.Y. 2021-2022

Province of Leyte
Municipality of Abuyog

WORKSHEET IN ENTREPRENEURIAL MIND SETTING

Name: Joylyn Jane M. Garas Course Year and Section: BEED2-B

Instructor: __Mr. Neil D. Arce________________ Date: May 23, 2022
Worksheet No. 3

Learning Target: Identify small businesses in our localities.

Define online business.
Identify the pros and cons of an online business.
Explain the role of online business in the middle of COVID 19-pandemic.
Define risk.
Design self-improvised techniques in minimizing entrepreneurial risk.

Directions: Identify at least 3 small businesses in your town and the products or service that they rendered.

Example of Small Businesses Product /Service

Sari-sari store Groceries
Bakery shop Breads and pastry
Food Cart Mami Noodles/mami pares

Directions: Define online business based in your own idea and identify its pros (advantages) and cons
(disadvantages).
What is Online Business?
Online Business is one of the most trending nowadays in the world of business or entrepreneurship.
From the word “online” both the client and businessman/businesswoman, their transactions are
done through online or in different platforms of the internet.

PROS CONS
Convenient Can be a of scam
Easy Photo of product (good/nice) versus the real
item (damage/wrong item/not really the with
the photo)
Less hassle Not in correct variants
Not time consuming The items are not in correct sizes
Directions: Explain the role of online business in the middle of COVID 19 pandemic. (maximum of 30 words)
Online business plays an important and helpful role in the middle of COVID 19 pandemic, this made the
life of the people in the midst of pandemic much easier and convenient. This really helped a lot of
people who lose their jobs due to pandemic, online business serves as the alternate jobs to a lot of
people around the world.

Criteria:
Content 10 pts
Relevance 5 pts
Directions: Define risk based on your own words and designed self-improvised steps in minimizing business
risk.
STEPS:
WHAT IS RISKS? 1. Make a plan of the
Risks can be a dangerous business/business plan.
thing our life. This can 2. Make sure that the business
harm us financially, plan is efficient.
physically, or emotionally. 3. Look forward to the possible
But in the world of business risk.
business as a 4. Make solution to the possible
businessman/business business risk or problems.
woman you should take 5. Always avoid to put the
risk in order to make the investment or venture capital
business work or to bankruptcy.
successful. 6. Make the investment grow or
make a profit.