PAMANSALAN ECO-TECH HIGH

School Grade Level

SCHOOL
Teacher VIVRAM M. ZAMORAS Learning Area
SHS: MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY
Sch. Yr.: 2022-2023
Quarter: 1 ST

Date & Time of Engagement

Semi-detailed Lesson Plan in ENTREPRENEURSHIP 10

I. OBJECTIVES
At the end of the lesson, the students are expected to:
a. Determine the correct use of the business stock cards; and
b. Conduct inventory control of the production materials for the goods and services businesses using
stock card.

II. SUBJECT MATTER

Topic: Utilize Standard Inventory Control of the Production Materials
Reference: Competency Based Learning Material
Materials: chalkboard, chalk, laptop

III. PROCEDURE
A. Preparation
 Prayer
 Greetings
 Checking of attendance
 Review of past lesson

B. Motivation
 Determine the meaning of the following words.

Sourcing is a complete process of obtaining goods and services from preparation and processing of a
requisition to receipt and approval of the invoice for payment.

Services are intangible products that are not goods (tangible products), such as accounting, banking,
cleaning, consultancy, education, insurance, know how, medical treatment, transportation.

Stockpile is a comparatively large stock of essential goods or materials, built up to withstand long holdups
or scarcity due to natural calamities, strikes, or war.

Inventory is an itemized catalog or list of tangible goods or property, or the intangible attributes or qualities.

C. Discussion

As an entrepreneur, you must realize that there are things that are grown like the fruits, plants,
vegetables and other natural resources. Other things made and manufactured according to the needs and
wants of our target market or customers. Likewise, the services are also made and created according to the
felt need of the community. Service is more delicate to manage because it is a work that someone has to
provide to others with satisfaction.

Why do you prefer to purchase from local sources? Purchasing local goods and services is
patronizing our own products resulting to some of the following benefits:
 it stops the value of colonial mentality not only among young children;
 it gives additional income to the government through tax collection; • it maximizes the use of our
natural resources from raw materials to the finished products;
 it develops the skills of the Filipino people making them more innovative, creative and productive;
and
  it gives affordable price for seasonal and quality products, fruits and vegetables.

Factors do you consider when purchasing goods and services from the local sources? Whether you
sell PRODUCTS or sell SERVICES as part of your business, skillful, careful and wise purchasing is an
important part of your business. It can determine whether or not you will make a profit. Here are some
important points to consider when purchasing goods and services:
 study the profile of the local producers
 research on the daily average consumption of the customers
 know your customers
 find out the right place to buy
 determine how much to procure
 check the track record of each supplier
 get the behavior of the patrons towards the products and services
 ensure the sustainability of the items

CONDUCTING INVENTORY CONTROL OF GOODS AND SERVICES

How do you control inventory of goods and services? It is imperative to determine your production
ability, capacity and responsibility. An enterprise must have reliable data about purchasing and
manufacturing. A production chart on daily, weekly, monthly, quarterly and yearly basis would help to feed
information as basis of parallel consumption of the materials.
The use of stock card is a good strategy to control records of stocks of goods and materials. There
are three types of inventories described below:
1. Raw-Materials Inventory (RMI). These are stockpile of materials for inputs of production. (Examples are
textile in roll and threads in boxes stocked in a warehouse for the garment industry.)

2. Work-In-Process Inventory (WIPI). These are partially completed products requiring further processing
including sets of unfinished goods for production process. These unfinished items are for fabrication or for
further processing stocked in buffer storage. (Examples are the baby dress garments with body parts only
waiting for the sleeve and collar sewing operations)

3. Finished-Goods Inventory. These are the final outputs of production ready for delivery to the market or
customers. (Examples are bags, shoes, t-shirts, computers, calculators, books and others.)

To control is not only to check physically but to list down stocks and balances on a stock card
before deciding to do the purchasing activity. It is important to declare the minimum and maximum stock of
every item needed in the business operation. The important sources like the suppliers and stores (including
business places) are reflected in the stock card including the date of purchase and the price as reference.
In this stock card, it is important to update the daily record to tally the actual stocks against what is
reflected on the stock card. This would help an entrepreneur to know what, when, where and how many
items are to be purchased at a time to sustain the inventory of goods and services. Every stock card must
be a reliable piece of reference. All items received and used should be updated at all times.

D. Generalization
In the successful inventory control management, always remember to take note of the date, items
received and withdrawn, supplier sources, minimum and maximum stocks, re-order stock, the price and
other data important in the inventory control. The stock card should always be maintained as a tool or basis
to control inventory.
In the successful inventory control management, always remember to take note of the date, items
received and withdrawn, supplier sources, minimum and maximum stocks, re-order stock, the price and
other data important in the inventory control. The stock card should always be maintained as a tool or basis
to control inventory.

E. Application
 The students are grouped into 4. Each group performs the activity given.
Directions: Find out the available goods and services in your community and compare them with other
communities using the Venn diagram in any of the following categories:
1. Profile of the Producers 5. Determine How Much to Procure
2. Customer’s Average Consumption 6. Check the Track record
3. Profile of the Customers 7. Behavior of the Patrons
4. Right Place to Buy 8. Sustainability of the items

IV. EVALUATION

Directions: Let us find out how much you already know about production cost and pricing of products or
services. Answer the questions below honestly and write the letter of the corresponding answer in your
activity notebook.
1. Things or products like apple, cucumber, carrots, tomatoes and corn are examples of what products?
a. grown products b. manufactured products c. processed products

2. The dresses we have, bags we use and shoes we wear, are examples of what products?
a. grown products b. manufactured products c. processed products

3. Maximized use of the natural resources, nurturing entrepreneurial skills of the Filipino people and
additional income of the government through tax collection are examples of what in purchasing activity?
a. benefits of purchasing activity
b. factors in purchasing goods and services
c. guidelines in purchasing process

4. Assessing the profile of the producers and customers and checking the track record of the suppliers are
examples of what in purchasing activity?
a. benefits of purchasing activity
b. factors in purchasing goods and services
c. guidelines in purchasing process

5. These are stock files of materials for the inputs of production.

a. finished-goods-inventory
b. raw-materials-inventory
c. work-in-process inventory
6. These are partially completed products requiring further processing including sets of unfinished goods for
production process.
a. finished-goods-inventory b. raw-materials-inventory c. work-in-process inventory

7. These are the final outputs of production ready for delivery to the customers.
a. finished-goods-inventory b. raw-materials-inventory c. work-in-process inventory

8. Stock card #1 has information and data that are categorized in what cluster of items?
a. collective b. group c. individual

9. Stock card #2 has information and data that are categorized in what cluster of items?
a. collective b. group c. individual

10. When you need to purchase or avail of goods and services without the need to leave the country, how
do you classify these resources?
a. export resources b. imported resources c. local resources
V. ASSIGNMENT

Directions: Choose the correct answers from the ITEM BANK below and write your answers on your quiz
notebook.

ITEM BANK
Finished-Goods Inventory Stock Card – 1
Inventory of Goods and Services Stock Card – 2
Inventory of Services Stock Card - 3
Raw-Materials Inventory Stock Card - 3
Work-In-Process Inventory Stock Card – 3

1. These are stockpile of materials for inputs of production.

2. These are partially completed products requiring further processing including sets of unfinished goods for
production process.
3. These are the final outputs of production ready for delivery to the market or customers.
4. This is the stock card for the collective items of stocks. 5. It is an inventory tool designed for individual
item of stocks.

Prepared by:
Vivram M. Zamoras
LSB Teacher

Approved by:

NOEL G. SOLIS, RN
SSP II