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Entrepreneurship
QUARTER 4

ACTIVITY SHEETS
For inquiries or feedback, please write or call:

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Real St., Barangay 54, Tacloban City (Capital), Leyte, 6500

Telephone: 053-888-5239

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Entrepreneurship Grade 11/12
Learning Activity Sheets
Quarter 2

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Schools Division Superintendent: Mariza S. Magan
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Department of Education - Region No. VIII – Schools Division Office of Tacloban City

Office Address: Real St., Tacloban City

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 Learning Activity sheets in
ENTREPRENEURSHIP
(Quarter 4 – Week 4)

Name: _____________________________ Grade & Section: ____________

Activity Sheet No. 4 Date Answered: _____________

LESSON 4 MATERIALS

Describe the 4 Ms (Manpower, Method, Machine, Materials) of operations in relation to the business
opportunity (TLE_ICTAN11/12EM-la-2)

1. Select/pinpoint potential suppliers of raw materials and other inputs necessary for the
production of the product or service.

“Let’s kick it off!”

Activity 1

Directions: Write down the main essential raw materials needed in each product.

Example: Suman Glutinous rice/Malagkit rice

Ice Cream
Cake
Puto
Ube Halaya
Popcorn

1. What do you think is the main objective of the activity above?

_____________________________________________________________

_____________________________________________________________

_____________________________________________________________

_____________________________________________________________

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 “Are you taking it?”

1. How are you going to choose a raw material that you will need for your business?
_______________________________________________________________

_______________________________________________________________

2. Do you think it is necessary to conduct an investigation first on the company that you
will choose to supply a raw materials for your business? Why?
________________________________________________________

________________________________________________________

RUBRICS FOR ESSAY Adapted from: Tuazon, Jenny

Content Style

5 The presence of ideas developed through The choice, use and arrangement of
facts, examples, anecdotes, reasons and/or words and sentence structures that create
explanations tone and voice

4 Substantial, specific, and/or illustrative Precise, illustrative use of a variety of

content demonstrating strong development words and sentence structures to create
and sophisticated ideas consistent writer’s voice and tone
appropriate to audience

3 Sufficiently developed content with Generic use of a variety of words and

adequate elaboration or explanation sentence structures that may or may not
create writer’s voice and tone
appropriate to audience

2 Limited content with inadequate Limited word choice and control of

elaboration or explanation sentence structures that inhibit voice and
tone

1 Superficial and/or minimal content Minimal variety in word choice and

minimal control of sentence structures

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 “Here’s how is it is!”

Materials

The term material simply refers to the raw materials needed in the production
of a product. Materials basically form part of the finished product. For
example, wood or lumber is a raw materials used to produce table or a chair.
In case the raw materials are of poor quality, the finished product will be of
poor quality as well

SUPPLIER SELECTION PROCESS

Choosing the right supplier involves much more than scanning a series of price lists.
Your choice will depend on a wide range of factors such as value for money, reliability and
service. How you weigh up the importance of these different factors will based on your business
priorities and strategy.

A strategic approach to choosing suppliers can also help you to understand how your
own potential customers weigh up their purchasing decisions.

WHAT SHOULD YOU LOOK FOR IN A SUPPLIER?

Reliability

Always remember that if the supplier let you down, you may let your customer down.

Quality

The quality of your supplier needs to be consistent because your customers associate
poor quality with you, not your supplier.

Value for money

The lowest price is not always the best value for money. If you want reliability and
quality from your suppliers, you’ll have to decide how much you’re willing to pay for your
supplies and the balance you want to strike between cost, reliability, quality and service.

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Financial security

It’s always worth making sure your supplier has sufficiently strong cash flow to deliver
what you want, when you need it. A credit check will help reassure you that they won’t go out
of business when you need them most.

A partnership approach

A strong relationship will benefit both sides. You want your suppliers to acknowledge
how important your business is to them, so they make effort to provide the best service possible.
And you’re more likely create this response by showing your supplier how important they are
to your business.

IDENTIFYING POTENTIAL SUPPLIERS

You can find suppliers through a variety of channels. It’s best to build up a shortlist of
possible suppliers through combination of sources to give a broader base to choose from.

Recommendations

Ask friends and business acquaintances. You are more likely to get an honest
assessment of a business’ strength and weaknesses from someone who has used its service.

Directories

If you are looking for a supplier in your local area it is worth trying directories such as
Yellow Pages and Thomson.

Trade associations

If your needs are specific to a particular trade or industry, there will probably be a trade
association that can match you with suitable suppliers.
Business advisors

Local business-support organisations, such as chambers of commerce, can often point

you in the direction of potential supplier.

Product Exhibitions

Product Exhibitions offers a great opportunity to talk with a number of potential

suppliers in the same place at the same time. Before you go to a product exhibitions, it’s a good
idea to check that the exhibitors are relevant and suitable for your business.

Trade Press

Trade magazines feature advertisement from a potential suppliers.

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CHOOSING A SUPPLIER

Once you have a manageable shortlist, you can approach the potential suppliers, ask for
a written quotation and, if appropriate, a sample. It is best to provide them with a clear brief
summarising what you require, how frequently you will require it and what level of business
you hope to place.

Get a quotation

It iss worth asking potential suppliers to give you a firm price in writing for, say, three
months. You can also ask about discounts for long-term or high-volume contracts.

Compare potential suppliers

When you’ve got the quotation, compare the potential suppliers in terms of what
matters most to you. For example the quality of their products or service may be most
important, while their location may not matter.

Price is important, but it should not be the only reason to choose a supplier. Lower
prices may reflect poorer quality goods and services which, in long run, may not be the most
cost effective option. Be confident that your supplier can make a sufficient margin at the price
quoted for the business to be commercially viable.

Check that the supplier you employ is the one that will be doing the work. Some
suppliers may outsource work to subcontractors, in which case should also investigate the
subcontractor to determine if you are happy with this arrangement.

Whenever possible it is always a good idea to meet a potential supplier face to face and
see how their business operates. Understanding how your supplier work will give you a better
sense of how it can benefit your business.
And remember that your business’ reputation may be judged on the labor practices of
your suppliers. It makes good business sense to consider the ethical dimensions of your supply
chain.

Negotiate terms and conditions

Once you’ve settled on the suppliers you’d like to work with, you can move to
negotiating terms and conditions and drawing up a contract.

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 “Now do it!”
Direction: Answer the question below.

1. Give at least two criteria that you will look from a supplier for them to sign a contract with
your business?

_____________________________________________________________________________

_____________________________________________________________________________

_______________________________________________________________________

“Ace it!”
Activity 3
Direction: Answer the question below.

1. What is the importance of choosing the right supplier for your business? Why? Explain in
5 sentences.

____________________________________________________________________________

____________________________________________________________________________

____________________________________________________________________________

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REFERENCES:

Book:

Nick L. Aduana, Entrepreneurship in Philippine Setting for Senior High School, 2016, C & E
Publishing Inc., Quezon City

Online Sources:

Supplier selection process https://m.infoentrepreneurs.org

Answer key:

Activity 1: Ice cream – Whipped cream & condensed milk

Cake – Cake flour or all-purpose flour
Puto – Rice or Flour
Ube Halaya – Ube crops
Popcorn- Dried corn
Activity 2: Answers may vary
Activity 3: Answers may vary

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