Activity 1.Fill in the table.

Need of the community business that can be created Rank

1.SHELTER OUTREACH PROGRAMS
1

2.WATER SUPPLY MANILA WATER

3

3.ELECTRIC SUPPLY MERALCO

5

4.FOODS FOOD CHAIN/CANTEEN

2

5.JOBS RECRUITMENT OF
EMPLOYEES 4

In this part of the module, the teacher would like to know what you have
learned in the lesson.

IDENTIFY ATLEAST FIVE

PRINCIPLES AND TOOLS IN
CREATING A BUSINESS

ANSWER
*SCALABILITY
*BIG IDEAS
*VISION
*USE TECHNOLOGY TO SPEED UP WORKFLOW
*SMART OFFICE SPACE PAYS
 Why is it important to know
your consumers, competitors
and suppliers in creating
business?

ANSWER: Knowing about your competitors will help you to communicate with your
target audience, distinguish your business from competitors, improve your processes,
and navigate challenges in your market.

ESSAY: As a student of economics, what business can you recommends in this pandemic
crisis Covid 2019 and why?

ANSWER: I think a“UNIQUE FACEMASK” If you’re handy with a sewing machine,

one potential business is cloth face masks. Most states have regulations in place for
mandatory face coverings when social distancing isn’t possible, so the demand for
masks is still incredibly high. They’ve even become something of a fashion statement as
people seek to accessorize their outfits with the perfect mask.With a little bit of know-
how and an eye for fashion, you can make customizable masks for those looking to have
their personality shine through while they’re following safety protocols.

1.A 6.A 11.A

2.D 7.B 12.C
3.A 8.A 13.D
4.A 9.B 14.A
5.B 10.A 15.B

“
Think Big. In the recent ECQ, many businesses suffer a loss due to lockdown. In at
least five (5) sentences, what solutions can you suggest to make their businesses
thrive?

* Communicate transparently with your customers

* Maintaining healthy relationship with contracted parties
* Managing employees & related optimization
* Keep Your Team Engaged
* Communication to stakeholders
1. LCAALITIBYS- SCALABILITY- Scalability is the capability of a company to sustain
or improve its performance in terms of profitability or efficiency when its sales volume
increases.

2. RLIITBIFPYOAT-PROFITABILITY- A business is an economic entity, driving an

economic reality,creating an economic certainty for the communities in which it thrives.

3. GIB ADEI-BIG IDEA- A business is no more effective than the idea upon which it is
built. Business creates its own plan to expand its economic growth.

4. ASNALYTTISBIIU-SUSTAINABILITY- A business must be dynamic- able to thrive

through all economic conditions, in all markets, providing meaningful highly
differentiated results to all of its customers.

5. UOTMNOAY-AUTONOMY- A business is not part of the owner's life, but is, in fact,
its own entity.

Answer the questions below:

1. What is the type of business of Mr. Wrigley’s?

ANSWER: The Mr. Wrigley Jr. Company, known as the Wrigley Company, is an
American Chewing Gum.
2. What are the products of the business?
ANSWER: The products is Mars chocolate bars and other candy products, makes up
Mars Wrigley Confectionery.

Activity 1. Below are list of company’s logos that are well known in thePhilippines.
Write in the space provided what type of industries the company is classified into
whether Primary or Secondary or Tertiary or Quaternary, or Quinary.

1.TERTIARY
2.TERTIARY
3.QUINARY
4.SECONDARY
5.TERTIARY
6.QUARTERNARY
7.QUARTERNARY
8.TERTIARY

ACTIVITY2.Directions: Choose the letter of the correct answer from the lis tof words in
the box and write it in blank space provided.

A 1. This industry employs man and machinery to process raw materials into finish
goods.
E 2. These are type of retail products that usually require cold storage.
J 3. This is an acronym stands for Philippine Standard Industrial Classification which is
a detailed classification of industries prevailing in the Philippines.

F 4. Consumables are the other term for these goods.

D 5. Cars, appliances, electronics and lumber are examples of these products.

B 6. This business is involves in farming, processing, and packaging of agricultural

products.

H 7. Raising tilapia, catfish, prawns, and bangus to earn revenue is their main line of
business.

G 8. Piggery business is one of the most lucrative businesses in agriculture.

C 9. Tomatoes, bell pepper, pechay, eggplant and bitter gourd are productsof this
business.

I 10. In this business, shops in the residential streets are part of this business.

Activity 3. Now, I want you to identify ten (10) retail products that are soldyour
community and classify them. Write your answer on the table below.

FOOD HARD GOODS SOFT GOODS ARTS GOODS

PRODUCTS
1.BEVERAGES 1.SOFA 1.DRESSES 1.GUITARS
2.NUTRITIONAL 2.CAR 2.SHORTS 2.PAINTINGS
DRINKS
3.CAKES 3.ELECTRIC FAN 3.MAKE UPS 3.BOOKS
4.CANNED FOODS 4.FURNITURE 4.LIPSTICKS 4.PIANO
5.BISCUITS 5.JEWELRY 5.TOWEL 5.PAPER
6.CHIPS 6.TOOLS 6. 6.
7.SNACKS 7.LUMBER 7. 7.
8.COOKIES 8. 8. 8.
9.BREAD 9. 9. 9.
10. 10. 10. 10.

A 1. This industry employs man and machinery to process raw materials into finish
goods.

E 2. These are type of retail products that usually require cold storage.

J 3. This is an acronym stands for Philippine Standard Industrial Classification which is

a detailed classification of industries prevailing in the Philippines.
F 4. Consumables are the other term for these goods.

D 5. Cars, appliances, electronics and lumber are examples of these products.

B 6. This business is involves in farming, processing, and packaging of agricultural

products.

H 7. Raising tilapia, catfish, prawns, and bangus to earn revenue is their main line of
business.

G 8. Piggery business is one of the most lucrative businesses in agriculture.

C 9. Tomatoes, bell pepper, pechay, eggplant and bitter gourd are products of this
business.

I 10. In this business, shops in the residential streets are part of this business.

ESSAY: Big Idea! Can you recommend manufacturing ideas/products that are

profitable during this pandemic crisis Covid 2019 and why?

ANSWER: Face mask, face shield and alcohol. Because these three is needed right
now especially these three can protect us from the pandemic and can not spread the
virus if someone is infected.

1.A 6.D 11.A

2.B 7.B 12.C
3.C 8.C 13.D
4.C 9.B 14.C
5.A 10.A 15.A

Directions. Below are some of the well known industries in the Philippines and to assess
what you have learned match the company under the given products. Draw a line to
match Column A and Column B.

Column A Column B

E 1. Chowking A. shampoos, toothpaste, conditioner

D 2. Goldilocks B. education

B 3. STI C. banking services

A 4. Unilever D. bakery products

C 5. Banco De Oro E. take-out Chinese food