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Senior High School

11
ENTREPRENEURSHIP
Quarter 1 – Module 6
Screen the Proposed Solution
and Select the Best

BETHYL B. GACAYAN
Compiler / Contextualizer

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First quarter, Module 6, Week 6
Screen the Proposed Solution and Select the Best

Content Standard : The learner demonstrates understanding of


concepts, underlying principles, and processes of
developing a business plan.
Performance Standard : The learner independently or with his/her
classmate presents an acceptable detailed
business plan.
Learning Outcomes : Upon the completion of the given unit, the
SHS students are expected to demonstrate
understanding of the market for the opportunity in
its needs as part of an acceptable business plan.
Competencies : TLE_ICTAN11/12PC-Ia-1

What I Know

Be at your advance pace!

Matching Type. Copy to connect each phrase to the matching


business screening column. Write clearly each correct statement for your
answer in a separate sheet of paper.
1. are determined by your customers.
________________________________________________
2. are experiences of satisfaction.
________________________________________________
3. are ways of meeting their needs.
Viability ________________________________________________
4. is about not having loss.
________________________________________________
5. is about sales that is higher over expenses.
Profit ________________________________________________
6. is about whether your business gains.
________________________________________________
7. is the holding of profits over a period.
Customer ________________________________________________
requirements 8. is the long-term survival.
________________________________________________
9. is the stability of the business.
________________________________________________
10. is usually in monetary form.
________________________________________________

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It is in your proper screening of opportunities for your business that
the best solution is known as entrepreneurs have cited this.

What I Need To Know

Screen your option of ideas. In this key move you are expected to:
• apply the ways in which a proposed solution is screened for
business
• explain which is the best selected solution
• express how the best solution is selected

What’s In

Take a bit of time to look back then you can go onward.


Completion. Place labels on the parts of the diagram to show the 3S
Cycle to Meet Needs. Write each correct answer clearly in a separate sheet of
paper.

•No.1_________ • No.2_________

No.5 No.6

N o .7 No.8
No.3_________ No.4___________
• •

How familiar are you about the cycle? The ease with which you were
able to note the cycle, is closely similar to how you will be able to screen and
select the best solution in the form of good or service, for a need in your
community. Most entrepreneurs would say this.

What’s New

Move forth to screen and select the best business solution!


Brief essay. Briefly answer each question in one sentence. Write the
answer clearly on a separate sheet.

1. What is the need in which you have a business solution?

2. What is the good or service that you propose to meet the need?

3. Describe how confident you are about your good or service for the
need.

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The need that you are to address is already identified along with the
product or service. It is a must to screen the product or service as a business,
as expressed by businesspeople.

What Is It

To screen the proposed business solution/s is based


on viability, profitability, and customer requirements.

How would you know the viability, profitability, and customer


requirements of a business?

Viability of your business. It is the long-term


survival of holding profits over a period of time. The
longer your business can stay profitable, the better
is its viability.

Profit for your benefit or gain. Usually monetary in form. Profitability


of your business is about whether or not it gains money or has a benefit.

Use this simple formula to calculate net profit:


Revenue – Expenses = Profit.

A positive number means a profit, a negative number means


loss. Zero means breaking even, you are not gaining nor losing in
business.

Customer Requirements or what your buyers say. The characteristics


and specifications of a good or service are determined by your customers.
Keep their trust to rely on the quality you provide. These are formulated by
entrepreneurs to measures the probable success in business.

Your selection of the best solution is for the mutual benefit of your business
and community. Entrepreneurs remarked on this as essential.

You may do a prototype of a business based on these screening for the


best need and business solution. Then you will have a representation of the
actual product or service.

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What’s More

Application. Ponder on the product or service that you are proposing


to meet the need.

Describe the product or service to do screening as indicated below.


One (1) sentence each.

Write the answer clearly on a separate sheet of paper.

VIABILITY_______________________________________

1
• PROFITABILITY______________________________
2
• CUSTOMER REQUIREMENTS_____________________
3

A solution that is a business proposal must withstand financial and


market pressure as business experts have stated.

What Have I Learned

Select the best from the probable solutions.

Always have in mind.

To screen the proposed business solution/s is based on


viability, profitability, and customer requirements,
if it is really a business opportunity.

Propose the best solution for a need. Screen its achievability in business,
These are the general recommendation by business experts.

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Brief Essay. Write to answer the following:

a. What is the need?


b. What is the business?
c. Why is your proposed product or service the best solution for both the need
and business venture?

Write the answer clearly in a separate sheet.

need business
________ _________

__________________________
best __________________________
product or __________________________
service
___________

What I Can Do

Application: Make or draw a prototype of the product or service layout of a


business of your choice.

Criteria:

Representation of actual look -------------4


Precision of realistic parts-------------------2
Functional illustration-------------------------2
Improvement or changes is possible----2
10

Draw or send picture of the prototype

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Assessment

Screen yourself on the concepts.

MULTIPLE CHOICE: Read and understand each item carefully.


Write the corresponding letter of the correct answer.

__1. Businesses propose solutions. How are these solutions decided on?
A. scale solutions. B. scan solutions
C. scrap solutions D. screen solutions

__2. Many solutions are possible for business. What should be done?
A. Select all solutions. B. Select the best solution.
C. Select the common solution. D. Select the dearest solution.

__3. A business solution is chosen. How is the solution chosen?


A. Screen buyers. B. Screen competitors.
C. Screen the makers. D. Screen the proposal.

__4. A solution is offered for business. How is the offer done?


A. Business display B. Business proposal
C. Business reviews D. Business showcase

__5. A business is viable. What is viable in business?


A. It is the long-term help. B. It is the long-term monitor.
C. It is the long-term survival. D. It is the long-term tracking.

__6. A business must be viable. Why must it be viable?


A. It is for the long-term of having process.
B. It is for the long-term of having the profit.
C. It is for the long-term of having the program.
D. It is for the long-term of having the promotion.

__7. A business is profitable. What is profitability in business?


A. Balance or net B. Base or center
C. Benefit or gain D. Benchmark or scale

__8. A business must be profitable. Why must it be profitable?


A. To benchmark from it. B. To center or fix on it,
C. To earn or benefit from it. D. To focus or base on it.

__9. Profit is computed. How is it computed?


A. Revenue is deducted with accounts.
B. Revenue is deducted with the expenses.
C. Revenue is deduced with the gain amount.
D. Revenue is deducted with the sales billing.

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__10. The computation of profit can be a positive number. Why is it positive?
A. breakeven result B. fund as the result
C. loss as the result D. profit as the result

__11. The computation of profit can be a negative number. Why is it negative?


A. breakeven result B. fund as the result
C. loss as the result D. profit as the result

__12. The computation of profit can be a zero. Why is it a zero?


A. above breakeven point B. at the breakeven point
C. below the breakeven point D. bottom of breakeven point

__13. Customer requirements must be provided. How is it provided?


A. It is in a bunch or pack.
B. It is in the cost or billings.
C. It is in a delivery or transfer.
D. It is in the goods or services.

__14. The business is with customer requirements. Which is false in this


case?
A. Customers determine characteristics and specifications.
B. Keep their trust to rely on the quality you provide to customers.
C. What the buyers say is a customer requirement in any business.
D. You as the entrepreneur should be the expert to be followed by all.

__15. Screen to Select the best and make a prototype of your product or
service. Which is false in this case?
A. Mutual benefit for your business and the community.
B. Prototype the product or service based on the screening.
C. Representation of the actual product or service is a prototype.
D. Take all the possibility to be done in the business for your satisfaction.

Additional Activities

How did you measure up to your Self-check?


Continue ahead and use your awareness in daily application.

Brief Essay. Write clearly on a separate sheet of paper for your response.

a. How will you do the practical daily living use of what you have taken up?
Include how it will allow you to promote credible and disciplined attitude.
________________________________________________________________________________
b. Ask-all-You-can about what you took up here. I will write back and post
answers online.
________________________________________________________________________________

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Answer Key

What’s In

References

https://www.slideshare.net/NenzkieMojares/entrep2-pp-106163659
https://www.thebusinessplanshop.com/blog/en/entry/market_analysis_for
_business_plan
https://www.mbaskool.com/business-concepts/marketing-and-
strategyterms/12221-potential-
https://www.managementstudyguide.com/what-is-market.htm
https://simplifytraining.com/course/identifying-customer-needs/

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