Learning Activity Sheet

Grade Level/ Grade 11 – Entrepreneurship Quarter 1

Subject Week 1

Topic Introduction to Entrepreneurship Competency 1

MELC Discuss the relevance of the course Duration 4 hours

Specific Objectives • define what is an entrepreneur and Score

entrepreneurship; and
• enumerate the factors affecting
entrepreneurship.

I. Let’s Know

What is an “entrepreneur”? According to Investopedia, the term “entrepreneur” was

derived from the French word entreprendre which means “to undertake”. They “undertake” to
take a risk in creating, organizing, and operating the business and also being innovative to the
products and services that they will offer to the market. Entrepreneurship on the other hand,
is the process of establishing what type of business the entrepreneur will be creating or will
be introducing to the market.

Entrepreneurial activities serve as a vital role now in our country most especially in
economic growth. Through these businesses, job opportunities were established and
innovation of the materials and/or products were created.

Whatever happens to the business lies in the decision making of the entrepreneur. The
entrepreneur:
• exercises his capabilities on deciding what’s best for the business. Studying the
business’ pros and cons, identifying the problem, providing a solution and, weighing
and choosing the best option.
• creates job opportunities and new products or services upon establishing a business.
• offers a wide variation of products and services and allows it to be readily available in
society. Thus, the standard living in society will be improved.
• convinces potential investors from all over the world and uses it as an opportunity to
expand its business locally and internationally, which will help our economic growth
and attract more investors which could create more job opportunities for our fellowmen.

There are two factors affecting entrepreneurship, namely: personality and

environmental factors:

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 FACTORS AFFECTING
ENTREPRENEURSHIP

PERSONALITY ENVIRONMENTAL
FACTORS FACTORS

Initiative Political Climate

Proactive Legal System

Perseverance Socio-Economic Condition

Problem-solver

Persuasion

Self-confidence

Self-critical

Planner

Risk-taker

Figure 1. Two Factors Affecting Entrepreneurship

Personality Factors
• Initiative – doing things before being asked to do so
• Proactive – identifying the opportunity and taking the chance to make a
change
• Perseverance – doing the best in order to achieve something
• Problem-solver – thinking for best solutions when a problem arises
• Persuasion – “convincing power” to the potential customers to avail products
• Self-confidence – believing in one’s abilities
• Self-critical – learning from one’s mistake
• Planner – gathering information and formulating a plan for execution
• Risk-taker – after taking and assessing all the information gathered, the
willingness to take the calculated risk

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 Environmental Factors
• Political Climate – government activities in a foreign market that either facilitate
or hinder a business’ ability to conduct business
• Legal System – laws imposed that could affect the business operation.
Application of business permit before starting the business and
paying necessary tax
• Socio-Economic Conditions – if there is a recession, it has the ability to shift
the consumer’s attitude toward its buying
decisions which creates an impact on the
success of an entrepreneur

II. Let’s Perform & Practice

Answer the following questions:

1. What is an entrepreneur?
______________________________________________________________
______________________________________________________________
______________________________________________________________

2. What are the factors affecting entrepreneurship? Explain each in your own
words.
______________________________________________________________
______________________________________________________________
______________________________________________________________

Rubrics
Indicators 5 4 3 Score
Content and The content is simple, The content is The content is not
Development accurate, and simple and accurate simple and accurate
convincing. yet not very yet not convincing.
The main points are convincing. The main points are
clearly defined and are Main points are defined yet not
well endorsed. defined and supported.
Responses are great, endorsed. Responses are not
timely, and subject to Responses are timely and not
discussion. timely and subject subject to discussion.
The content is clear to discussion. The content is vague.
and concise. The content is clear. -No or limited specific
Specific examples are Some specific examples provided.
used. examples are used.
Organization The paper layout is The paper layout is The paper layout is
and simple and easy to not easy to follow. complicated and hard
follow. Transitions are to follow.
Structure
Transitions are rational rational. Transitions need
and the thinking flow is The conclusion is development.
maintained. rational. The conclusion is not
The conclusion is found.
rational.
Grammar, Grammar, Grammar and The paper contains a
Punctuation, punctuation, and punctuation are few grammatical,
spelling is correct. correct but with punctuation, and
and Spelling
minor errors in spelling errors.
spelling.
https://www.rcampus.com/rubricshowc.cfm?sp=yes&code=N4AA82&

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III. Let’s Connect / Let’s Analyze
Since we already studied what is the relevance of studying entrepreneurship, I want
you to list down at least five (5) qualities that you possess as an entrepreneur student.
Support your answer.
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________

Rubrics
Criteria 5 4 3 Score
Supporting Supports the central Supports the central Attempts to supports
Details claims and reasons claims and reasons the central claims and
with strong facts and with facts and reasons with facts but
thorough details. necessary details. details were unclear
and inaccurate.
Explanation Clearly, concisely, Clearly explains and Attempts to explain
and thoroughly analyzes most of the and analyze the
explains and information information but the
analyzes the presented. explanation is unclear
information or inaccurate.
presented.
Spelling and Grammar, Grammar and Few grammars,
Grammar punctuation and punctuations were punctuations, and
spelling were correct but some spelling errors were
correct. spelling errors were evident.
observed.
TOTAL
https://catlintucker.com/wp-content/uploads/2018/08/Screen-Shot-2018-08-22-at-1.15.19-
PM-1024x787.png

IV. Let’s Answer

Encircle the letter of your answer.

1. What best describes an entrepreneur?

a. A person who is willing to take the risk.
b. A person who has money to start a business.
c. A person who has the qualities to run a business.
d. A person who is willing to take a calculated risk and willing to start a business.

2. Which of the following is a personality factor that affects entrepreneurship?

a. Political Climate
b. Self-Confidence
c. Market Situations
d. Socio-Economic Conditions

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 3. What is the main objective of an entrepreneur in setting up his/her own business?
a. Gain profit
b. Short-term investment
c. Create job opportunities
d. Compete with other businesses

4. Which of the following is a personality factor that convinces his/her customer to buy
his/her product?
a. Initiative b. Persuasion c. Self-confidence d. Self-critical

5. Which of the following does not belong to the group?

a. Initiative b. Legal System c. Perseverance d. Risk-taker

V. Let’s Explore / Let’s Create

After assessing what qualities you have, create a Venn Diagram which shows the
similarities and differences of the qualities you already possess and an entrepreneur has. Do
you have what it takes to become an entrepreneur?

Rubrics
Indicators 10 9 8
Comparison There are at least (3) There are (2) two There is (1) one
three clear comparison comparison examples comparison example
examples between the between the two between the two
two objects. objects. objects.
Contrasting There are at least (3) There are (2) two There is (1) one clear
Points three clear contrasting clear contrasting contrasting example
examples between the examples between the between the two
two objects. two objects. objects.
Conclusion The conclusion The conclusion The conclusion restates
paragraph restates the paragraph restates the author's opinion or
author's opinion and the author's opinion topic, but not both. It is
topic in a different way. and topic. more like a sentence
It brings the essay to a than a paragraph.
close.
Spelling, The comparative essay The comparative The comparative essay
Grammar and had few to no spelling, essay had some many spelling,
punctuation, and spelling, punctuation, punctuation, and
Punctuations
grammar errors. and grammar errors. grammar errors. It was
difficult to read.
https://www.rcampus.com/rubricshowc.cfm?sp=yes&code=G7X48X&

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 Writer:

CLEO LYN MARIE T. ABELARDO

Teacher II
Davao City National High School

References:

De Guzman, A. (2018). Entrepreneurship (For Senior High School, Applied Subject,

ABM Strand). Philippines: Lorimar Publishing, Inc.
Gallardo, Manahan, Tendero and Viray (2018). Entrepreneurship. Philippines: Anvil
Publishing, Inc.
Hayes, A. (2020). Entrepreneurship. Retrieved from:
https://www.investopedia.com/terms/e/entrepreneur.asp Retrieved on: July 1, 2020

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 ANSWER KEY

II. Let’s Perform & Practice

❖ The following should be checked in their answers

• The students’ definition of entrepreneurship
• Their definition must be in their own words based on what they understood from
the definition given in the module
• Enumerate the factors of entrepreneurship
• The students will define each factor in their own words based on what they
have read in the module

III. Let’s Connect / Let’s Analyze

❖ The following should be checked in their answers

• The qualities of an entrepreneur
• The student will enumerate his/her qualities
• The student could also include the qualities he/she wants to develop

IV. Let’s Answer

1. D 2. B 3. C 4. B 5. B

VI. Let’s Explore / Let’s Create

❖ The following should be checked in their answers

▪ The qualities of an entrepreneur
▪ The student will enumerate his/her qualities
▪ The student will enumerate the qualities of an entrepreneur
▪ The student will compare his/her qualities possessed against the
qualities of an entrepreneurship