12

Applied
Entrepreneurship
Quarter I - Module 2
Explore Job Opportunities
of Entrepreneur as a Career

CONTEXTUALIZED LEARNING-INSTRUCTION KIT

SCHOOLS DIVISION OF PUERTO PRINCESA CITY

Entrepreneurship – Grade 12
Contextualized Learning-Instruction Kit (CLIK)
Quarter I - Module 1: Explore Job Opportunities of Entrepreneur as a Career
First Edition, 2020

Republic Act 8293, Section 176 states that: No copyright shall subsist in any
work of the Government of the Philippines. However, prior approval of the government
agency or office wherein the work is created shall be necessary for the exploitation of
such work for a profit. Such agency or office may, among other things, impose as a
condition the payment of royalties.

Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this book are owned by their respective copyright holders.
Every effort has been exerted to locate and seek permission to use these materials
from their respective copyright owners. The publisher and authors do not represent
nor claim ownership over them.

Published by the Schools Division of Puerto Princesa City

Development Team of the Module

Writer: Rizza Joy S. Segay (Palawan National School)

Content Editor: Marie Vic C. Velasco, PhD, EPS- Mathematics

Language Editor: Imelda O. Legaspi , Assistant Principal II

(Langogan National High School)

Reviewer: Marie Vic C. Velasco, PhD, EPS- Mathematics

Illustrator: Rizza Joy S. Segay (Palawan National School)

Layout Artist: Joseph D. Aurello (Palawan National School)

Management Team:
Servillano A. Arzaga, CESO V, SDS
Mabel F. Musa, PhD, OIC-ASDS
Cyril C. Serador, PhD, CID Chief
Ronald S. Brillantes, EPS-LRMS Manager
Mari Vic C. Velasco, PhD, EPS - Mathematics
Eva Joyce C. Presto, PDO II
Rhea Ann A. Navilla, Librarian II

Division of Puerto Princesa City-Learning Resource Management Section (LRMS)

Sta. Monica Heights, Bgy. Sta. Monica, Puerto Princesa City
Tel. Phone no.(048) 434 9438
Email Address: puertoprincesa@deped.gov.ph
 12
Applied
Entrepreneurship
Quarter I - Module 2
Explore Job Opportunities
of Entrepreneur as a Career

This module was collaboratively developed and reviewed by

educators and program supervisors from public schools of the Division of
Puerto Princesa City. We encourage teachers and other education
stakeholders to email their feedback, comments, and recommendations
to the Department of Education, Division of Puerto Princesa City at
puertoprincesa@deped.gov.ph.

We value your feedback and recommendations.

 Introductory Message

For the Teachers:

This learning material is designed to help learners enrich their learning
experiences by answering activities that are meaningful to their lives which can be
done by themselves. A variety of enjoyable tasks are presented.
Activities are provided as formative assessment to check from time to time the
learner’s understanding of the lesson. Given the range of learning activities in this
package, teachers are encouraged to freely adapt them to suit their school contexts
and learners’ needs, interests and abilities.

For the Learners:

This Learning Resource Explore Job Opportunities of Entrepreneur as a

Career was developed for you to enjoy while learning. There are various activities and
check-up tests you need to take.
Take note of the instructions as you journey through this module to have a solid
understanding of what you are expected to accomplish. Carefully read and follow the
instructions to hit what you are expected to do.
Answer keys are provided which you can refer to when checking your answers.
Record your score at the Learner’s Progress Chart and inform your teacher on your
development.
Feel free to use this material and if progress is not evident, you can make use
of it again until such that the desired passing mark is achieved.

As you read through this module, you will notice the following icons. They will
help you find your way around the module more quickly.

This will give you an idea of the skills or

What I Need
competencies you are expected to learn in the
to Know module.

What I Know This part includes an activity that aims to check

what you already know about the lesson to
take.

What’s In This is a brief drill or review to help you link the

current lesson with the previous one.

In this portion, the new lesson will be

What’s New introduced to you in various ways such as a
story, a song, a poem, a problem opener, an
activity, or a situation.
 This section provides a brief discussion of the
What is It lesson. This aims to help you discover and
understand new concepts and skills.

What’s More This comprises activities for independent

practice to solidify your understanding and
skills of the topic.

What I Have This includes questions or blank

Learned sentences/paragraphs to be filled in to process
what you learned from the lesson.

What I Can Do This section provides an activity that will help

you transfer your new knowledge or skill in
real-life situations or concerns.

Additional In this portion, another activity will be given to

Activities you to enrich your knowledge or skill of the
lesson learned.

Assessment This is a task which aims to evaluate your level

of mastery in achieving the learning
competency.

Answer Key This contains answers to all activities in the

module.

References This is a list of all sources used in developing

this module.

Just remember, this module is not intended to replace textbooks and other
existing learning resources but rather to provide an additional alternative that is
contextualized and resilient to education systems that address the challenges of the
current pandemic.
-The Development Team
 This module is packed with notes and essential information covering everything
you need to know about Entrepreneurship and its key concepts.
.
There are warm-up and exam-style practice questions for every part to give you
an idea of how well you have already grasped the lesson. This also contains topic-
based questions for focused skills to test your understanding of the concepts of the
lessons under the Most Essential Learning Competencies.

Content Standard
The learners demonstrate understanding of key concepts, underlying
principles, and core competencies in Entrepreneurship.

Performance Standard
The learners independently create/provide a quality and marketable product
and/or service in Entrepreneurship as prescribed in the TESDA Training
Regulation.

Most Essential Learning Competency

➢ Explore job opportunities for Entrepreneur as a career

By the end of this module, you should be able to cover the following lessons:

Lesson 1 – The Entrepreneurs

Unpacked Competency:
▪ Identify the different types of Entrepreneurs;
▪ Discuss the characteristic of a successful Entrepreneur; and
▪ Enumearte the resources used by the entrepreneur.

Lesson 2 - Job opportunities for Entrepreneur as career

Unpacked Competency:
▪ Discuss the Roles of Entrepreneuship in Economic
Development of a country; and
▪ Identify the different job opportunities for Entrepreneurship
Graduates.

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Directions: Read carefully each question. Circle the letter of your answer.

1. What is the most common type of entrepreneur?

A. Acquirers B. Franchiser C. Immitator D. Innovator

2. What type of entrepreneurs go into business in order to survive a day?

A. Self-employed C. Innovators
B. Opportunistic Entrepreneur D. Acquirers

3. What entrepreneurs’ characteristic devotes with effort and time to make the
business grow?
A. Risk Taker C. Leadership
B. Opportunity Seeker D. Dedication

4. What type of employee should an entrepreneur hire to help him achieve his
goal?
A. Fresh Graduate Applicant
B. Applicants with no work experience
C. Experienced and competent applicant
D. Employee of the business rival

5. What entrepreneur resources is used to acquire products and services needed

by the entrepreneur?
A. Energy B. Equipment C. Knowledge D. Fund

6. What role of Entrepreneurship in economic development that continuously hire

skilled and knowledgeable employees?
A. Community Development C. Gaining profit and sharing
B. Elevate living D. Provides job opportunity

7. What type of entrepreneur assumes trading but is not involved in manufacturing

the product?
A. Traders C. Innovators
B. Opportunistic Entrepreneurs D. Immitator

8. What uncertain events an entrepreneurship could not be anticipated?

A. Risk of depreciation C. Risk of natural calamities
B. Risk of infidelity D. Risk of product obsolescence

9. What resources of an entrepreneur and his employees require hours in

operating the business?
A. Equipment B. Fund C. Skills D. Time

10. Which of the following is a career opportunity for an entrepreneurship graduate?

A. Teacher B. Host C. Care giver D. Hardware specialist

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11. Which of the following is not an example of a self-employed entrepreneur?
A. Family Store C. Repair Shops
B. Real Estate Agent D. Street Vendors

12. Which of the following is an example of economic resource of an entrepreneur?

A. Energy B. Equipment C. Knowledge D. Skills

13. What do you think is the reason why entrepreneurship graduate pursue his/her
career as a business consultant?

A. Because entrepreneurship degree requires the student to know and be a

skilled companys representative
B. Because entrepreneurship graduates are trained to identify the problem
and solving it
C. Because of their prior knowledge about entrepreneurship
D. Because qualified applicant should be someone who is educated and
understands the concept of the business

14. Which is not an example of risk of depreciation?

A. Dress B. House C. Land D. Vehicle

15. What is the difference between the opportunistic entrepreneurs and the
acquirers?
A. Opportunistic Entrepreneurs buy an old businesses who mostly are profit
losing company and make it profitable again, while acquirers buy and
save a company and try to make it profitable as possible.
B. Opportunistic Entrepreneurs have the skill of inventing new ideas, while
acquirers look for a buyer to sell the business again to another
entrepreneur.
C. Opportunistic Entrepreneur start thier own businesses and develop the
business as fast as it can, while acquirers have the skill of inventing new
idea.
D. Opportunistic Entrepreneurs start their own business and develop the
business as fast as it can, while acquirers buy old businesses who mostly
are profit losing company and make it profitable again.

3
 Lesson
The Entrepreneur
1
In our previous lesson, you have already understood Entrepreneurship, its
definition, and key concepts. Now, let us understand what an Entrepreneur is.

Let us have a quick review of the Lesson 1- Understanding Entrepreneurship.

Activity: I Understand
Directions: Write down below your understanding about Entrepreneurship by filling-in
the missing word. Use the chart below as your guide in answering the question.

Entrepreneurship is the process of ___________, ___________ and

_________________________________and turning them into ___________ with a
purpose of making ___________, ___________ and satisfy the needs and wants of
the consumers.

Entrepreneurship is a process of ___________ and ___________ goods and

services in exchange of ___________ or other valuable things.

Inventing Innovating Action Customer

Person Give opportunities Business Giving

Recieveing Wealth Creating new ideas Money

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Activity: Are You In or Out
Directions: Below is the list of different types of Entrepreneur. Assess yourself on
which type of entrepreneur you prefer by checking the box after the sentence. Check
“yes” if you agree with the idea presented and check “No” if you disagree.

Yes No
1. A person who wants to take all the profit
2. An individual who wants to start a business
3. Wants to hire other people with different expertise
4. Create and design new product
5. Save businesses with financial problem
6. Buy and resell a product
7. Franchise a widely known product
8. Direct seller of the product

Types of Entrepreneurs

There are different types of Entrepreneurs that you should know.

1. Innovators – this entrepreneur has a skill of inventing new idea, putting-up

new businesses and produce new product/services to sell to the market.

2. Immitator – a type of entrepreneur who copies or adopts any new ideas of the
other entrepreneur.

3. Franchiser – this is one of the most common choice of a new entrepreneur.

They only franchise an already known business whose image is already
established to the public. Product and services are used in the business
operation. The franchisee owns and assumes all the business responsibility.

4. Self-Employed – this type of Entrepreneur takes all the responsibility over the
business and keeps all the profit from the business. An entrepreneur can work
full-time because no one is involved in the business. Self-employed type of
entrepreneurs can be those people who go into business in order to survive a
day.
Example: family store, repair shops, street vendors etc.
5. Traders – this type of entrepreneur assumes trading but is not involve in
manufacturing the product. They may sell it directly or as a retailer. They are
the middleman between the manufacturer and the customers.

5
6. Acquirers – this entrepreneur buys an old business who mostly are profit
losing company and suffering from financial problem. They still used the old
product and ideas of the past owner and make it profitable again. Hoping that
new management ideas might save the business.

7. Opportunistic Entrepreneurs – this type of Entrepreneur starts his/her own

business and develops the business as fast as it can. The reason for this is for
him to hire expert and skilled employees that the owner usually does not have.
(Souce: “Top 10 Types of Entrepreneurs,” Dk Sinha, accessed
October 5, 2020 at https://www.yourarticlelibrary.com/entrepreneur
/top-10-types-of-entrepreneurs-explained/40648.)

Characteristics of Successful Entrepreneur

1. Leadership – an entrepreneur should know what the customer needs and

wants at all time. His/her employee must always be motivated by him. The
people expect entrepreneurs to be a good leader at all time because
he/she is handling the needs of the customer and his/her employees.
2. Dedication– an entrepreneur should not give up easily. He/she should give
his/her heart to what he/she is doing. Devoting himself/herself with effort
and time makes the business grow stronger and successful.
3. Ability to Connect with other people – an entrepreneur will create a good
relationship with other people that can help him/her or someone in he/she
knows. This will help the entrepreneur and his/her network in the future.
This will give a good impact to the entrepreneur’s business. His/her good
relationship with others will be remembered and will probably return the
favor in the future.
4. Creativity, self-confidence, and optimism – before an entrepreneur
introduces new product/services to the market, he/she should be
knowledgable of the product he is introducing. He/she should have
conducted research on his/her target market. He/she should not be afraid
of failures because some product takes time and effort to be seen by the
consumers. He/she should put into his/her mind that everything is possible.
5. Opportunity Seeker – an entrepreneur always seeks for an open
opportunity that will help his/her business grow more. All opportunity that
could benefit the business like an opportunity to gain financing, additional
equipment, land, and workplace. He/she consistently gauge possible
opportunity around him/her.

6. Risk Taker– taking a step up of building a new business and be an

entrepreneur is always affiliated with risk. An entrepreneur must be fully
equipped with tolerance in all the risk he/she might face throughout the
course of his/her business. Some risk are avoidable by anticipating what
could happen in the future and by making sure that accidents that already
happens will not happen again. There are different types of risks listed
below.

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a. Risk of product obsolescence – this may happen if the entrepreneur
mispredicted how many products may be served or consume by the
consumers that may lead into product expiration. Useless product is
a loss to the entrepreneur.

b. Risk of natural calamities – this is an uncertain event that cannot be

anticipated so an entrepreneur must be ready with the risk of natural
calamities.
Example: flood, typhoons, fire

c. Risk of infidelity – employees who are tempted to steal money/goods

and are dishonest with their reports are risks in the part of an
entrepreneur. This kind of risk is avoidable but is hard to predict.

d. Risk of depreciation – this risk refers to loss of value of a

product/services due to its age or out of trend.
Example: Vehicle, Dress, House, Machines

(Source: “15 Entrepreneur Characteristics to Develop,” Indeed Career Guide,

accessed October 5, 2020 at https://www.indeed.com/career-
advice/finding-a-job/entrepreneur-characteristics.)

Resources Used by the Entrepreneur

a. Energy – energy can be the entrepreneur or the employees’ health.

To maintain high energy a person should be healthy by having right
amount of rest, exercise and nutrition. Personal attitude can
influence personal energy. Keep in mind that one should have a
positive atiitude to maintain goals and motivation.

b. Knowledge – life is unending learning. One should never stop

learning and improving itself. It is a responsibility to acquire
additional knowledge and improving skills such as learning how to
read, to write, to speak and to listen.

c. Employee – hiring skilled and experienced employees will help the

business to keep its vision and missions. With the help of the
competent employee business can achieve its longterm and
shortterm goals.

d. Skills – one can improve by giving opportunity. There are lots of

skills that are already learned and can be learned. Skills can only be
develop if a person are willing to undergo to a training and put his
heart into it.

e. Time – all of the people has the same time in everyday (24 hours in
a day). But time can be spent in different way. Entrepreneurs
together with his employees spend hours in operating the business.
Thus, entrepreneur should not forget to make a recreational activity
to help employees improve and provide bonds and satisfaction.

7
 f. Equipment – equipment is useful to an entrepreneur as it simply
make the operation of the business easier. It can simply be the pen,
printer, ink and other equipment needed in the operation of
business. The value of the equipment depends on how effiecient it is
to use.

g. Fund – this is used to acquire product and services needed by the

entrepreneur. Its value to the entrepreneur depends on how secure
the future of the business with it.

Also, the Supporters of the entrepreneur is also important in starting a business. The
entrepreneur needs guidance and inspiration through his journey. This can be his/her
friends, family member and a coach.

(Souce: “5 Resources You Need to Succeed to Start a Business,”

KJ Henderson, accessed October 5, 2020 at https://smallbusiness.
chron.com/5-resources-need-succeed-start-business-23.html.)

Activity 1: My Perfect Match

Directions: Below are the different types of entrepreneurs. Identify which among the
different type of entrepreneur is described in the box. Write your answer in the blank
provided.
Type of Entrepreneur
Self-Employed Franchiser Acquirers
Opportunistic Entrepreneurs Traders Innovators
Immitator

1. A type ofEntrepreneur takes all the 2. An entrepreneur buys an old 3. A type of entrepreneur who
responsibility over the business and business who mostly are profit undertakes trading but is not
keeps all the profit from the business losing company and suffering from involved in manufacturing the
financial problem. product.

4. A type of Entrepreneur starts its 5. A type of entrepreneur where 6. An Entrepreneur who has a skill
own business and develop the they copy or adopt any new ideas of of inventing new idea and produces
business as fast as it can. the other entrepreneur. new product/services to sell to the
market.

7. An entrepreneur who franchise an

already known business whose image
is already established to the public.

8
Activity 2: Guess My Description
Directions: Below are the description of the different characteristics of an
entrepreneur. Guess which entrepreneurial characteristic is being described below.
Choose your answer from the chart and write it on the space provided.

Creativity, self- Risk Taker Opportunity Leadership Dedication

confidence, and Seeker
optimism

____________1. Ms. Shiela is devoting herself with effort and time to make the
business grow stronger and successful.

____________2. Ms. Annie always motivate her colleagues.

____________3. Ms. Yeng always seek for an open opportunity that will help her
business grow more.

____________4. Mr. Alvin is always taking step-up in building new business and be
an entrepreneur that is always affiliated with risks.

____________5. Ms. Joy is knowledgable with her product, not afraid in taking risk
and always think positive with her new ideas.

Activity 3:I CONE Do It

Directions: Romebeth really loves eating ice cream so she decided to start her ice
cream business. The problem is, she doesn’t know the things she needs to start a
business. Help Romebeth identify the resources used by the entrepreneur. Choose
your answer from the refrigerator and write it in the ice cream cone.

Fund

Energy

Product

Time

Consumer

Internet

Knowledge

Equipment

House

Skills

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Activity: The One
Direction: Read the following questions and write your answer in the blank bellow.
Choose your answer in the chart below.

Equipment Innovators Immitator Knowledge Trader Leadership

Franchiser Fund Time Acquirers Skills Energy

Dedication Creativity, self- Risk Taker Self- Opportunity Opportunistic

confidence, and Employed Seeker Entrepreneurs
optimism

1. What are the different types of entrepreneurs?

1.
2.
3.
4.
5.
6.
7.

2. What are the characteristics of a successful entrepreneur?

1.
2.
3.
4.
5.

3. What are the entrepreneur’s resources?

1.
2.
3.
4.
5.
6.

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Activity: Elena Ideya
Direction: Read and understand the entrepreneurial journey of Elena Ideya. Answer
the following questions below and use the highlighted word as your guide in
answering the following.

Elena Ideya is an entrepreneur who (1) takes all the responsibility over the
business and keeps all the profit from the business. She is a successful
entrepreneur who owns the Idea Enterprise. She said that she became a succesfull
entrepreneur because she is (2.1) devoting herself with her ideas. She also often
(2.2) motivate her employees to be at their best. Elena always (2.3) seeks for an
open opportunity that will help his business grow more. She used different
resources in making their idea possible. She is (3.1) always willing to undergo to a
training and put her heart into it. She believed that one should (3.2) never stop
learning and improving itself and it is a responsibility to acquire additional
knowledge.

1. What type of Entrepreneur is Elena Ideya?

A. Self-Employed B. Innovator C. Immitator D. Franchiser

2. What are the different characteristic sited in the paragraph?

• Dedication
• Leadership
• Opportunity Seeker
• Risk taker
• Creativity, self-confidence, and optimism

2.1______________________________

2.2______________________________

2.3______________________________

3. What are the different entrepreneurial resources sited in the paragraph?

• Fund
• Equipment
• Energy
• Time
• Skills
• Knowledge
3.1________________________________
3.2________________________________

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Activity: Becoming One
Directions: Search for an entrepreneur and read how he/she become successful in
his/her business. Take down notes of his/her best characteristic that might help you to
become a successful entrepreneur.

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 Lesson Job Opportunities
for Entrepreneurship as a
2 Career
Can you imagine how your neighborhood looks like five years back? I bet you’ll
say “Our roads are muddy and slippery”, “stores are very limited”, “we tend to walk
because tricycle can’t reach our house”, or “there are limited place to hang-out”.

For today’s lesson, we will discuss how Entrepreneurship affects the economy
and our status of living.

Activity: Wako’s Candy Pop

Directions: Read the paragraph below and answer the following question.

Wako is a young boy who loves to eat candies, but he cannot eat as much as
he wants because his parents would say, “Wako, that is too much sugar!”. This has
been a burden to him. One morning, he thought on how he could eat candies without
being restricted by his parents. He thought that maybe if candies can give benefit to
those who eat them, he could actually enjoy it. So, he came up with the idea of making
a candy that can actually clean teeth. He gave time, effort and acquire knowledge on
how his idea can become an actual product. After a long hard work, he is now a CEO
of his own candy company named “Wakopop”, a candy that can actually clean teeth.
He is now enjoying earning money, freedom of work and eating candies.

Guide Question:

1. Who was the entrepreneur in the story?

a. Wako b. Candy pop
2. What is the problem in the story?
a. He cannot eat as much as he wants b. He has a toothache
3. What is the solution made in the story?
a. Brush his teeth after eating candy.
b. Make a candy that can clean teeth.
4. What characteristic of Wako as an entrepreneur made him successful?
a. Leadership and commitment
b. Creativity, self-confidence, and optimism

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 From the story of Wako, we can say that Entrepreneurship provides solution to a
problem. Today, we are going to learn the importance of Entrepreneurship to our
economy and our lives.
Activity: Change For The Better
Directions: For the last five years, list down below what are the changes that an
entrepreneur brings here that makes your life even better. It can be new buildings,
machines, materials or places that are developed or built here in Puerto Princesa City.
Example: SM Mall
1.
2.
3.
4.
5.

Today, we are going to learn on why Entrepreneur is important to our economy and
our lives. We will also discuss the opportunities when an Entrepreneur graduates.

Roles of Entrepreneurship in Economic Development of a Country

1. Gaining profit and Sharing – as the entrepreneur decided to build his/her

business h/shee will need others for gathering resources. Those resources are
the money, equipment or a man power. This can benefit both the entrepreneur
and others who shares success to the business.

2. Provides Job Opportunity – entrepreneur who starts a business will need help
from the people who has skills and knowledge that can help him/her expand
his/her business. As the business grows, there will be a continuous hirng of
employees and this for sure will give job and provide opportunity to the
community.

3. Community Development – building businesses develop community.

Entrepreneur will look for a place to develop and build a building where he/she
can locate his/her business. This will result to a road improvement, rails, water
supply and electricity stability.

14
4. Elevate living – if the business of the Entrepreneur will rise, he/she will need to
expand its business. This will benefit the community by providing them additional
choices of products and services. They also may create job and introduce new
technologies that can make life easier.

5. Export – eventually, when a business is growing it will look to a larger market.

This may include foreign markets that will surely affect both the business and
the community. It will give bigger market that will lead to currency inflows and
will allow an access to new technologies.

(Source: “7 Roles of Entrepreneurship in Economic Development of a Country,” Evoma,

accessed October 5, 2020 at https://evoma.com/business-centre/7-
roles-of-entrepreneurship-in-economic-development-of-a-country/.)

Career Opportunities for Entrepeneurship Graduates

1. Business Consultant – business today needs a business consultant that will

be able to help them with their business difficulties and decision making.
Entrepreneurship graduates are trained to identify the problem and solving it.

2. Sales Representative– entrepreneurship degree requires the student to

know and be a skilled companys representative, how to manage a
department and promote businesses. This is a perfect job for an entrepreneur
graduate.

3. Real Estate Broker – an entrepreneurship graduate can take a Real Estate

Licensure Examination. He/she can use the skills he/she acquire in
entrepreneurship course with the buying or in selling a residential,
commercial and insdustrial spaces.

4. Research and Development – R&D required qualified applicant to have

trainings and should be someone who educated and understand the concept
of the business, process and practices that fits to an entrepreneur graduate.

5. Teacher – entrepreneurship graduates are able to become an educator.

They can teach core subjects of the Senior High School. They are perfect to
teach subject like Entrepreneurship, Organization and Management, Ethics,
Business simulation and other business-related subjects.

6. Business reporter – an entrepreneurship can take a quick class for article

writing. They can lead the local business reports and be able to make
business section stimulating and appealing because of their prior knowledge
about entrepreneurship.
(Souce: “Entrepreneurship Careers,” Thomas Broderick, accessed
October 2, 2020 at https://core.ac.uk/download/pdf/82046294.pdf.)

15
Activity 1: Just Like the Modern Hero
Directions: Below are the different roles of entrepreneurship in economic development
in the country. Read and answer the following using the chart below.

Most of us might not see how entrepreneurship is important in the life of every
individual. Entrepreneurship saves a lot of household especially in times of todays
pandemic.

Gaining profit Provides Job Community Elevate Living Export

and Sharing Opportunity Development

Roles of Entrepreneurship in Economic Development of a Country

1. ____________ - It includes foreign markets that will surely affect both the
business and the community.
2. _____________ -They create job and introduce new technologies that can make
life easier.
3. _____________ -Road improvements, rails, water supply and electricity stability.
4. _____________ -There will be a continuous hiring of employees and this for
sure will give job and provide opportunity to the community.
5. _____________ -As the entrepreneur decided to build his business he will need
others for gathering resources that benefits both entrepreneur and the other who
shares success in the business

Activity 2: Life After College

Directions: Joy is an Entrepeneurship Graduate. Identify the different Career
Opportunities for Joy. Choose your answer in the chart below and write it in the blanks.

Field Engineer Teacher Motivational Speaker

Sales Representative Tour Guide Business Consultant
Research and Development Business Reporter Driver

16
Activity 3: Captured Moment

Directions: Cut or draw pictures of local and international businesses that started a
small and are now contributing to the growing economy of their country or locality.

Note: Always be creative.

Local International

Rubrics

Criteria

Content 60%

Proportion of the Layout 20%

Artistic Presentation 20%

Total Scores: ______________________ Certified by: ____________________________________

17
 Activity: The Start Within
Directions: Below are two stars, each star has five sides or points. Fill the sides of the
star and choose your answer in the chart below.

Gaining Business Community Research and Business

profit and Consultant Development Development reporter
Sharing
Export Elevate Sales Provides Job Teacher
living Opportunity

Roles of Entrepreneurship in Economic Career Opportunities for

Development of a Country Entrepeneurship Graduates

18
Activity: I Can See It
Directions: Read the following questions. Circle your chosen answer.

1. As a Senior High School student choose which roles of entrepreneurship in our

economic development benefited you the most?
a. Gaining profit and Sharing
b. Provides Job Opportunity
c. Community Development
d. Elevate living
e. Export

______________________________________________________________________________________
______________________________________________________________________________________
______________________________________________________________________________________
___

2. In the Career Opportunity for Entrepeneurship Graduates, do you see yourself in

one of those career? Why?
a. Business Consultant
b. Sales
c. Research and Development
d. Teacher
e. Business reporter
f. Real Estate Broker

_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________

19
Activity: Living in the City of Paradise
Directions: Search for a local business in Puerto Princesa City or in the Province of
Palawan and cite how they contributed to the growth of our economy.

_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________

20
 How much have you improved? Check your
improvement index on Answer Key.

Directions: Read carefully each question. Circle the letter of your answer.

1. What is the most common type of entrepreneur?

A. Innovators B. Immitator C. Franchiser D. Acquirers

2. What types of entrepreneur who go into a business in order to survive a day?

A. Acquirers C. Opportunistic Entrepreneur
B. Innovators D. Self-employed

3. What is the entrepreneurs’ characteristic that devotes himself with effort and
time to make the business grow?
A. Dedication C. Opportunity Seeker
B. Leadership D.Risk Taker

4. What type of employee should an entrepreneur hire to help him achieve his
goal?
A. Fresh Graduate Applicant
B. Employee of the business rival
C. Experienced and competent applicant
D. Applicants with no work experience

5. What entrepreneur resources is used to acquire products and services needed

by the entrepreneur?

A. Fund B. Knowledge C. Equipment D. Energy

6. What role of Entrepreneurship in economic development continuously hires

skilled and knowledgeable employees?
A. Provides job opportunity C. Elevate living
B. Gaining profit and sharing D. Community Development

7. What type of entrepreneur assumes trading but is not involve in manufacturing

the product?
A. Immitator C. Innovators
B. Opportunistic Entrepreneurs D. Traders

8. What uncertain events that an entrepreneurship cannot be anticipated?

A. Risk of product obsolescence C. Risk of infidelity
B. Risk of natural calamities D. Risk of depreciation

9. What resources of an entrepreneur together with his employees spend hours in

operating the business?
A. Time B. Skills C. Fund D.Equipement

21
10. Which of the following is a career opportunity for an entrepreneurship
graduates?
A. Care giver C. Host
B. Hardware specialist D. Teacher

11. Which of the following is not an example of a self-employed entrepreneur?

A. Street vendors C. Real estate agent
B. Repair shops D. Family store

12. Which of the following is an example of economic resources of an entrepreneur?

A. Skills B. Knowledge C. Equipment D. Energy

13. What do you think is the reason why entrepreneurship graduates can pursue
his/her career as a business consultant?

A. Because qualified applicant should be someone who educated and

understand the concept of the business
B. Because of their prior knowledge about entrepreneurship
C. Because entrepreneurship graduates are trained to identify the problem
and solving it
D. Because entrepreneurship degree requires the student to know and be a
skilled companys representative

14. Which is not an example of risk of depreciation?

A. Vehicle B. Land C. House D. Dress

15. What is the difference between the opportunistic entrepreneurs and the
acquirers?
A. Opportunistic Entrepreneur start their own businesses and develop the
business as fast as it can, while acquirers have the skill of inventing new
idea.
B. Opportunistic Entrepreneurs start their own businesses and develop the
business as fast as it can, while acquired buy an old businesses who
mostly are profit losing company and make it profitable again.
C. Opportunistic Entrepreneurs have the skill of inventing new ideas, while
acquirers look for a buyer to sell the business again to another
entrepreneur.
D. Opportunistic Entrepreneurs buy an old businesses who mostly are profit
losing company and make it profitable again, while acquirers buy and
save a company and try to make it profitable as possible.

22
 23
What I have learned:
What I know:
1. What’s In
• Self-Employed 1. B. Franchiser
• Opportunistic Entrepreneurs Entrepreneurship is the process of 2. A. Self-employed
• Innovators inventing, innovating and creating new ideas and 3. D. Dedication
• Acquirers turning them into action with a purpose of making 4. C. Experienced and competent
• Immitator wealth, give opportunities and satisfy the needs applicant
• Traders and wants of the consumers. 5. D. Fund
• Franchiser 6. D. Provides job opportunity
2. Entrepreneurship is a process of giving 7. A. Traders
• Dedication and receiving goods and services in exchange 8. C. Risk of natural calamities
• Leadership of money or other valuable things 9. D. Time
• Opportunity Seeker
10. A. teacher
• Risk taker Whats more 11. B. Real estate agent
• Creativity, self-confidence,
12. B. Equipment
and optimism Activity1.3:My perfect match
3. 13. B. Because entrepreneurship
• Fund 1. Self-emploed graduates are trained to identify
• Equipment 2. Acquirers the problem and solving it.
3. Traders 14. C. Land
• Energy 4. Opportunistic Entrepreneur
• Time 5. Immitator 15. D. Opportunistic Entrepreneur
6. Innovator start its own business and
• Skills 7. Franchiser
• Knowledge develop the business as fast as it
Activity 1.4: Guess my Description can while acquirers entrepreneur
1. Dedication
2. Leadership bought an old business who
3. Opportunity Seeker mostly are profit losing company
4. Risk Taker
5. Creativity, self-confidence and optimism and make it profitable again
Activity 1.5: I cone do it
• Fund
• Time
• Equipment
• Knowledge
• Skills
• Energy
What I can do:
Activity 1.6: Elena Ideya
1. A. Self-employed
2.1 Dedication
2.2 Leadership
2.3 Opportunity Seeker
3.1 Skilled
3.2 Knowledge
Lesson 1:
 24
Assessment:
1. C. Franchiser
What’s In
2. D. Self-employed What I have learned
3. A. Dedication
1. A. Wako
4. C.Experienced and
competent applicant 2. A. he cannot eat as much
as he wants
5. A. Fund
3. B. make a candy that can
6. A. Provides job opportunity
actually clean teeth
7. D. Traders • Gaining profit and Sharing 4. B. Creativity, self-
8. B. Risk of natural calamities • Provides Job Opportunity confidence, and optimism
9. A. Time • Community Development
10. D. Teacher • Elevate living WHats more:
11. C. Real estate agent • Export Activity 2.3: Just like a Modern Hero
12. C. Equipment 1. Export
13. C. Because entrepreneurship 2. Elevate Living
graduates are trained to
identify the problem and 3. Community Development
solving it. 4. Provides job opportunity
14. B. Land 5. Gaining profit and sharing
15. B. Opportunistic Activity 2.4: Life after college
Entrepreneur start its own • Sales
business and develop the
• Teacher
business as fast as it can
while acquirers entrepreneur • Research and
bought an old business who • Business Consultant Development
• Sales
mostly are profit losing • Business Reporter
• Research and Development
company and make it • Teacher
profitable again
• Business Consultant
• Business reporter
Lesson 2:
 References

Website

DK Sinha. “Top 10 Types of Entrepreneurs,” Accessed October 5, 2020.

https://www.yourarticlelibrary.com/entrepreneur/top-10-types-of-entrepreneurs-
explained/40648.

“15 Entrepreneur Characteristics to Develop,” Indeed Career Guide, Accessed

October 5, 2020. https://www.indeed.com/career-advice/finding-a-
job/entrepreneur-characteristics.

KJ Henderson. “5 Resources You Need to Succeed to Start a Business.” Accessed

October 5, 2020. https://smallbusiness.chron.com/5-resources-need-succeed-
start-business-23.html

“7 Roles of Entrepreneurship in Economic Development of a Country,” Evoma.

Accessed October 5, 2020. https://evoma.com/business-centre/7-
roles-of-entrepreneurship-in-economic-development-of-a-country/.)

Thomas Broderick. "Entrepreneurship Careers.” Accessed October 2, 2020.

https://core.ac.uk/download/pdf/82046294.pdf

25
 FEEDBACK SLIP

A. FOR THE LEARNER

Thank you very much for using this Module. This learner’s
material is aimed at ensuring your worthwhile learning through the
help of your family members. For feedback purposes, kindly answer
the following questions: YES NO
1. Are you happy and contented with your learning experiences
using this module?

2. Were you able to follow the processes and instructions that

were indicated in the different learning activities?

3. Were you guided by anybody from your family while using this
module?

4. Was there any part of this module that you found difficult? If
yes, please specify what it was and why.

B. FOR THE PARENTS / GUARDIANS

Do you have any suggestions or recommendations on how we
can improve this module to better serve the learners?

Yes (Please indicate what this/these is/are?)

None

Contact Number : __________________________________

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Date Received:

Date Returned:

Teacher’s Signature:

26
For inquiries or feedback, please write or call:

Division of Puerto Princesa City

Sta. Monica Heights, Bgy. Sta. Monica, Puerto Princesa City
(02) 634-1054 o 634-1072
puertoprincesa@deped.gov.ph

27