You are on page 1of 7

Entrepreneurshi

Task Objectives
In this activity, you should be able to do the following:
● Scrutinize the conditions of possible business establishments you will to undertake.
● List down the opportunities and threats associated with pursuing a particular type
of business.

Due
Task Instructions Date

General instructions:
1. Form a group of five students.
2. Based on your chosen types of business establishments you have yesterday, analyze
the different opportunities and threats associated with establishing the this kind of
business in your area.
3. In assessing such opportunities and threats, consider relevant factors such as the
area, city, or province where you belong, median household income in your area,
demands of the residents, etc.
4. Present your output in the tables provided.

Activity Output

Top Market Opportunities Threats


Needs
Entrepreneurshi
p
Money Money lending industry is a significant
partner and contributor to an economy and
will remain as important as it is now in the Threats that you will usually face
future. include unfavorable government policies
and even the occasional but inevitable
The opportunities in the money global economic downturn. Add to that
lending industry are very high and are also the ever-growing competition with the
very daring at the same time. If you go by introduction of new entities within your
the size of people and the corporate area of operation. These elements will
organizations that need money for their affect the purchasing as well as the
business and personal needs constantly, spending power of your clients.
will help you reach your business goals
and vision easily. It depends on how ably
and easily you grab these opportunities
while staying within the proximities of the
law.

Priority of this business is to insure that


all of the trends and contents will be Gadgets can also disregard the
Gadgets shared through and individual or a group attention by them to their sorroundings. It
giving them the experience that they will may also malfunction or even may give
never think about. From the gadgets they threat to the user. From tracking system,
holding and from the gadgets they or even can cause any technicalities that
wearing. can cause to the leakage of information
throughout the use of those gadgets. It
This business will take them out to this could also gives false news that can
world from exciteful new features of destroy the business or even the
gadgets to be used and also can be played reputation of each workers.
by the kids, teenagers and even adults.
Gadgets that will help them also to
know the important of academic and even
on their daily needs. They can also
communicate from home and up to here.
The Gadgets are mutli-functional and
helpful to everybody.

Food is an imperative portion of our There’s no adjusted deal of all the


everyday lives. The food industry is by far food things and beverages. A few have
one of the foremost popular industries for more deals and the other has less, and it is
businesses. There are opportunities in additionally profoundly subordinate to
Food industry considering that they get the regions. It takes a lot of time for your
Foods more requests year after year because of trade to become profitable.
the developing population of people
around the world.
Food businesses ought to strive hard in The experience within the food
order to be able to suit the developing business makes you cost-efficient by
populaces' needs. Food businesses such as choosing the proper combination of
eateries, fast foods, and cafeterias, food ingredients, rather than experience it.
Entrepreneurshi
p
carts and a lot more premises which offer The widespread of covid-19 has
foods. The demand for food businesses is decreased the buying power of
so high; the market has become extremely individuals since the lockdown and
competitive. In the event that your food or higher unemployment. Circumstances
refreshment incorporates a unique taste just like the widespread of covid-19
and it’s catchy, at that point you'll be able shutdown your businesses for a month.
to make a worldwide brand by growing The widespread lockdown, swelling,
your market reliably. higher intrigued rate, and solid count
calories patterns are a few of the most
The Internet is one of the mediums of challenges.
promoting and customer service, it permits
them to engage with the gathering of On the off chance that your cash
people and they can improve their product stream is restricted, at that point the food
by utilizing the feedback. The food industry would lead you to insolvency.
industry is indeed the world’s most Your dangers have gotten to be much
profitable business. more complex as well – and the
budgetary stakes have never been higher.

School Supplies This business is ideal for an individual Online presence of other retailers in
who has a passion for academics and school supplies, since internet has leveled
youngsters. There is plenty of money to be the playing field in some respects.Just
made by selling school supplies. Yet this like any other business, one of the major
business also plays an important role in threats that school supply business is
the community as it provides students with likely going to face is economic
the materials they need to learn and grow. downturn. Another threat that may likely
You can branch out by selling academic confront is the arrival of a similar
texts, backpacks and toys like fidget business in same location where ours is
spinners. Customers can either pick up located. We are not ignoring the fact that
their online orders in-person at the brick- unfavorable government policies can also
and-mortar location or you can deliver the affect our business.
items to the local purchaser.

School Supplies industry are involved


in the sale and distribution of office tools,
writing implements, stamps and stencils,
stationery and loose-leaf paper, notebooks,
binders and organizers and other related
items. While most people can agree that
education is a good thing, impoverished
regions face a challenge in supplying basic
school supplies to their children.

WiFi - Load
Both of this WIFI and Load or Mobile Due to huge market competition. There
data works the same thing. They provide will be a big threat to different small and
internet connection anytime and big telecommunication companies or
anywhere. The advantages of this are that internet providers that provides internet
Entrepreneurshi
p
WIFI only works within a certain range connection. Because of high demand for
limit of the router. While, Mobile data internet, people will choose an internet
provides internet anywhere you go. In this provider that would give them good
technological word, we have been connection and at the same time less in
connected online and this phenomenon is money or has a good promo. Moreover,
an inevitable. good marketing and strategic business
analysis would make a certain company
The demand for internet will always be make it into market.
there because of this era of modern
communication and technology. Sooner
everything will be online, from different
transactions and activities of human kind.
Entrepreneurshi
p
Entrepreneurshi
p
Entrepreneurshi
p

Rubric for Grading

1 2 3 4 Weights Points

The content is The content is


Accuracy The content is The content is 50%
poorly- somewhat researched, with a well-
researched, with considerable
researched, researched,
minimal amount of
without any supporting evidence. supported by
supporting evidence. evidence, no
evidence. errors.

Less than 25% of Less than 50% of Less than 75% of All the required
Completeness 25%
the components the components the components components are
are present. are present. are present. present.

The output is not The output is not The output is The output is
Professional- 25%
ism submitted on submitted on time, submitted on time, submitted on

time, and lacks with a good degree with a good degree time, well-written,
comprehen- of of and has a high
sibility. comprehensibility. comprehensibility. degree of
comprehen-
sibility.

Total 100%

You might also like