Professional Documents
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What This Module Is About
Introductory Message
For the Facilitator:
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This module has the following parts and corresponding icons:
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This is a task which aims to evaluate your
level of mastery in achieving the learning
Assessment
competency.
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What I Need to Know
Lesson 1 of this module will tell you about the different Entrepreneurial Competencies an
individual must possess. In this world where everything is about business, one must be
competitive. Household workers can also be an entrepreneur in his/her own ways.
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What I Know
Pre Test: Multiple Choice. Choose the letter of the best answer. Write the chosen letter on a
separate sheet of paper.
1. These are people with skills and capabilities to see and evaluate business opportunities.
a. bankers b. businessmen c. entrepreneurs d. traders
2. It is both an art and science of converting ideas into marketable products or services to improve
the quality of living.
a. banking b. business c. entrepreneurship d. trading
3. This means habitually working diligently for a long period of time.
a. ability to accept change b. discipline
c. hardworking d. self confidence
4. Which is a fact about being committed?
a. he/she gives solid dedication to make a business successful
b. he/she capitalizes on positive changes to make the business grow
c. he always sticks to the plan
d. all are correct
5. Successful entrepreneurs always stick to the plan and fight the temptation to do what is
unimportant.
a. creative b. discipline c. planner d. profit-oriented
6. It is being innovative to have edge over other competitors.
a. creative b. discipline c. planner d. profit-oriented
7. When you own a business, you should cope-up and thrive on changes.
a. ability to accept change b. discipline
c. hardworking d. self confidence
8. This is trusting in one’s ability and own judgment.
a. ability to accept change b. persistence
c. hardworking d. self confidence
9. Which is fact about having an initiative?
a. coping with risks of operating their own business
b. giving solid dedication to make business successful
c. always making it sure that the business generates income
d. putting oneself in a position where you are responsible for the failure or success of the
business
10. An entrepreneur capitalizes on positive modifications to make the business grow.
a. ability to accept change b. discipline
c. hardworking d. information seeking
11. An entrepreneur sees to it that the business can generate income.
a. creative b. discipline c. planner d. profit-oriented
12. They are individuals that can strategically identify products or services needed by the
community and they have the capacity to deliver these at the right time and at the right place.
a. bankers b. businessmen c. entrepreneurs d. traders
13. It is doing something continuously even though other people say that you will not succeed or
that you are just wasting your time and effort
a. creative b. discipline c. planner d. persistence
14. It means taking the chances to do something which is out of your comfort zone.
a. creative b. risk- taking c. planner d. profit-oriented
15. It is the behavior of gathering information from relevant sources.
a. ability to accept change b. discipline
c. hardworking d. information seeking
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Lesson
Personal Entrepreneurial
1 Competencies (PECs)
What’s In
In this module, you will learn additional about entrepreneurship and the entrepreneurial
competencies related to Household Services. You will have a first-hand experience in educational
activities that will you to personal assessment of your entrepreneurial competencies.
Also, as you familiarize the entrepreneurial competencies, you will also learn how to apply it
in your own self!
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What’s New
What Is It
Ability to accept change: Accordingly, nothing is permanent but change. Change occurs
frequently and is constant. When you own a business, you should go up against in contest and
thrive on changes that happen. Avail oneself of on positive changes to make your business
prosper.
Persistence: is doing something bit-by-bit and honestly even though other people say that you
will not succeed or that you are just throwing your time and effort. It is doing something again
and again until you get what you think you worthy of. It means standing up straight and not
giving up even during the toughest times when you are trying to do something different or
something difficult.
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Risk-taking: Taking the opportunity to do something which is out of your comfort zone and
usual activities. It may also imply doing something that can result in anything that is unlikable
or dangerous.
Creative: An entrepreneur should be creative and innovative to stay in the business and in
order to have an advantage over the other companies or competitors.
Demand for efficiency and quality: a good entrepreneur demands quality and efficiency not
only from himself but also from his/her workers and suppliers. A successful entrepreneur
demands high quality standards and cannot stand a bad performance from other people. This
makes an assurance that he is giving quality products and the best services to his customers
and that equates to a good business venture. Quality is the standard customers seek when
buying a certain product or receiving a certain service—it is the level of work that is welcome in
the market or environment.
Has the Initiative: An entrepreneur takes the drive in his business. You must put yourself in a
position where you are accountable for the failure or success of your business you are engage.
People Skills: It‘s a very important skill in order to be successful in any kind of business
venture. People skills refer to effective and efficient communication and relation to people
working inside and outside of your business. In day-to-day business transactions, you need
to deal with people. A well-developed people skill can spell out the difference between
success and failure of the business he is in.
Decision Making: Successful entrepreneurs have the ability to think quickly and to make a
wise decision towards pre-determined set objectives or target. No one can deny that the
ability to make wise decisions is an important skill that an entrepreneur should have. Wise
decision should come out from given facts and information and should be towards the pre-
determined targets.
Information Seeking is the way of gathering information from relevant sources around.
The gathered information is critical to the formulation of different business formulations.
Information-seeking means an entrepreneur must always be ready to seek useful
information and ways from persons related to his business including clients, suppliers, and
competitors through contacts or information networks. He must also be open to the idea of
expert consultation for business and technical assistance if needed.
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What’s More
Activity 1.1
Match me!
Direction: Match column A with column B. Connect with a line that corresponds to your answer.
You may also write your answer on a separate sheet of paper.
A B
1. Self Confidence A. This means habitually working diligently for a long period of
time.
2. Hardworking B. People with skills and capabilities to see and evaluate
business opportunities
3. Profit-Oriented C. Behavior of gathering information from relevant sources
4. Has the Initiative D. Strategic process of innovation and new venture creation
5. Committed E. Trust in one’s ability
6. People Skills F. Stick on the plan and fight the temptation to do what is
unimportant
7. Planner G. Accepts full responsibility of everything in his/her business
8. Decision Making H. Adoptable to change
9. Accept changes I. Innovative to stay in the business
10. Discipline J. Strategic thinking and setting of goals
11.Creative K. Ability to think quickly and to make a wise decision towards
pre-determined set objectives
12. Entrepreneurship L. Effective and efficient communication and relation to people
13. PECs M. Important characteristics of an individual
14. Information Seeking N. Sees to it that the business can generate income
15. Entrepreneurs O. Puts oneself in a position where you are responsible for the
failure or success of your business
Activity 1.2
True or False. Direction: Write TRUE if the statement is correct; FALSE if it is not correct.
_________ 1. Hardworking people keep on improving their performance to produce good
products and/or provide good services.
_________ 2. An entrepreneur should be creative and innovative to stay in the business
and in order to have an edge over the other competitors.
_________ 3. An entrepreneur enters into the world of business to loss profit or income.
_________ 4. Successful entrepreneurs have the ability to think quickly and to make a
wise decision towards pre-determined set objectives.
_________ 5. It’s okay not to stick to the plan if the task is not that urgent or unimportant.
_________ 6. A good entrepreneur accepts full responsibility of the business of other.
_________ 7. An entrepreneur puts oneself in a position where he is responsible for the
failure or success of his business.
_________ 8. The gathered information is critical to the formulation of different business
strategies.
_________ 9. A good entrepreneur knows that planning is an effective skill only when
combined with action.
_________ 10. Nothing is permanent but change.
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_________ 11. Entrepreneurs have confidence in one‘s ability and own judgment.
_________ 12. Planning skills refer to effective and efficient communication and relation to
people working in and out of your business.
_________ 13. Capitalize on positive changes to make your business grow.
_________ 14. Decision making is a strategic thinking and setting of goals to achieve
objectives by carefully maximizing all the available resources.
_________ 15. Entrepreneurs exhibits self-confidence in order to cope with all the risks of
operating their own business.
Activity 1.3
Crossword Puzzle. Find the word/s as indicated on the hints below. You may write your answer
on a separate paper.
Across Down
2. This means habitually working diligently for 1. A good entrepreneur develops and applies
a long period of time step-by-step plans to realize goals
4. accepts full responsibility of everything in 3. Taking the chances to do something which
his/her business is out of your comfort zone
6. being innovative to stay in the business 5. always stick on the plan and fight the
8. trust in one‘s ability and own judgment temptation to do what is unimportant
9. refer to effective and efficient 7. doing something continuously even though
communication and relation to people other people su7ay that you will not
succeed
10. people with skills and capabilities to see
and evaluate business opportunities
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What I Have Learned
What I Can Do
A. Research online or read articles from newspapers and magazines about the life of a successful
businessman or entrepreneur. Cite his/her entrepreneurial attributes that made him/her a
successful one. Follow the template below.
1. What are his/ her preparations before he/she engaged in this type of business or job?
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
2. What are his/ her special skills and characteristics that are related with his/ her business
or job?
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
3. How did he/she solve business-related problems during the early years of his/her
business operation?
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
4. Did he/she follow the tips from a successful businessman or practitioner before he/she
engage in his/her business?
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
____________
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5. What are the salient characteristics, attributes, lifestyle, skills and traits that made
him/her successful in his/her business or job?
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
___________
After performing the activities, let’s determine how much you have learned.
Perform the next task to determine how well you have understood the lesson.
B. Direction: Using the table below and the information you had learned in the past activities,
prepare an action plan that indicates how you would align your PECs to the PECs of a successful
person you had indicate in the previous activity.
Attributes
Traits
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Assessment
Post Test: Multiple Choice. Choose the letter of the best answer. Write the chosen letter on
a separate sheet of paper.
1. It means taking the chances to do something which is out of your comfort zone.
a. creative b. risk- taking c. planner d. profit-oriented
2. It is the behavior of gathering information from relevant sources.
a. ability to accept change b. discipline
c. hardworking d. information seeking
3. These are people with skills and capabilities to see and evaluate business opportunities.
a. bankers b. businessmen c. entrepreneurs d. traders
4. It is both an art and science of converting ideas into marketable products or services to
improve the quality of living.
a. banking b. business c. entrepreneurship d. trading
5. This is trusting in one’s ability and own judgment.
a. ability to accept change b. persistence
c. hardworking d. self confidence
6. Which is fact about having an initiative?
a. coping with risks of operating their own business.
b. giving solid dedication to make business successful.
c. always making it sure that the business generates income.
d. putting oneself in a position where you are responsible for the failure or success of
the business.
7. An entrepreneur capitalizes on positive modifications to make the business grow.
a. ability to accept change b. discipline
c. hardworking d. information seeking
8. An entrepreneur sees to it that the business can generate income.
a. creative b. discipline c. planner d. profit-oriented
9. This means habitually working diligently for a long period of time.
a. ability to accept change b. discipline
c. hardworking d. self confidence
10. Which is a fact about being committed?
a. he/she gives solid dedication to make a business successful
b. he/she capitalizes on positive changes to make the business grow.
c. he always sticks to the plan
d. all are correct
11. Successful entrepreneurs always stick to the plan and fight the temptation to do what is
unimportant.
a. creative b. discipline c. planner d. profit-oriented
12. It is being innovative to have edge over other competitors.
a. creative b. discipline c. planner d. profit-oriented
13. When you own a business, you should cope-up and thrive on changes.
a. ability to accept change b. discipline
c. hardworking d. self confidence
14. They are individuals that can strategically identify products or services needed by the
community and they have the capacity to deliver these at the right time and at the right
place.
a. bankers b. businessmen c. entrepreneurs d. traders
15. It is doing something continuously even though other people say that you will not succeed
or that you are just wasting your time and effort
a. creative b. discipline c. planner d. persistence
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Check your Score! If your score is:
You are doing great! You really understand the lesson.
11-15
You are doing well but you need to work more on the items that
6-10
you’d missed.
You need to study harder. Ask help from your teacher, parents
1-5 or friend. You may read again the contexts to understand the
lesson more.
Additional Activities
Word Search Puzzle. Find and encircle 15 words/phrases that are related to the
topic on the puzzle below. You may also write your answer on a separate paper.
How is the lesson? I hope you are doing great! The next lesson is
far more exciting!
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What I Need to Know
Lesson 2 of this module will tell you about Strengths, Weaknesses, Opportunities and
Threats “SWOT” Analysis. In our own household setting, it is important for us to know our
Strengths and Weaknesses for us to understand the nature of business.
What I Know
Pre Test
Multiple Choice. Choose the letter of the best answer. Write the chosen letter on
a separate sheet of paper.
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b. competitors factor
c. external factor
d. internal factor
7. Opportunities is an _______________
a. internal factor
b. colleagues factor
c. competitors factor
d. external factor
8. Weaknesses is an ______________
a. colleagues factor
b. competitors factor
c. external factor
d. internal factor
9. The question “What do you do well?” belongs to
a. opportunities
b. strengths
c. threats
d. weaknesses
10. The question “What unique resources can you draw on?” belongs to
a. opportunities
b. strengths
c. threats
d. weaknesses
11. The question “What trends could you take advantage of?” belongs to
a. opportunities
b. strengths
c. threats
d. weaknesses
12. The question “What threats do your weaknesses expose you to?” belongs to
a. opportunities
b. strengths
c. threats
d. weaknesses
13. The question “What could you improve?” belongs to
a. opportunities
b. strengths
c. threats
d. weaknesses
14. SWOT Analysis is best done
a. alone
b. with a competitor
c. with a friend
d. within a group
15. Weaknesses and threats both possess
a. both a & b
b. negative effects
c. positive effects
d. none of the choices
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Lesson Strengths, Weaknesses,
Opportunities and Threats
2 “SWOT” Analysis
What’s In
What’s New
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What is It
For you to be successful in any kind of business venture, you should always look closely at
the environment and market existing inside and outside your locality. One should always be
watchful on the existing opportunities and constraints.
Strengths are things that you or your establishment does particularly good, or in a way that
distinguishes your business from your competitors. Think about the advantages your organization
or business has over other organizations. These might be the motivation of your staff and the
people working for you, access to certain materials, or a strong set of manufacturing things.
Weaknesses, like strengths, weaknesses are intrinsic features of you or your organization,
so focus on your people, resources, systems, and procedures. Think about what you could make or
become better in your business, and the sorts of practices you should avoid.
The opportunities in the business environment are those factors that provide and give
potential for a business to expand or grow and make more profits.
Constraints/threats, on the other hand, are those factors that reduce the business to grow,
hence limit the chances of generating profit.
One of the best ways to evaluate and assess the opportunities and
constraints is to conduct and use SWOT (Strengths, Weaknesses, Opportunities and Threats)
Analysis.
Opportunities and threats exist in the external or outside environment of your business.
Opportunities relate to the market, to the development of new technologies and trends, and
external factors such as laws imposed by the government and even climate. Threats relate to what
the competition is doing as well as legal and other constraints that is happening.
Use SWOT Analysis to assess your organization's current position before you decide on
any new strategy you want to impose in your business. You can also use SWOT analysis in
assessing yourself. Find out what's working good, and what's not so well. Ask yourself where you
want to go and how you might get there – and what might hinder your way. These are huge issues,
and you'll need a powerful but simple technique to help you and it is the SWOT Analysis.
You can use SWOT Analysis to make the most of what you've got, to your organization's
and your self’s best advantage. You can limit the chances of failure, by understanding what you're
lacking, and eliminating hazards that would otherwise catch you unaware.
In this way, you can start to make a strategy that differs you from your competitors, and so
compete successfully in your market.
Brainstorming is very much recommended but you can also do this alone if you are a sole-
proprietor.
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Ask yourself or your co-worker the following questions:
Strengths
What do you do well?
What unique resources can you draw on?
What do others see as your strengths?
Weaknesses
What could you improve?
Where do you have fewer or little resources
than others?
What are others more likely or apt to see as
weaknesses?
Opportunities
What opportunities are open to you?
What trends could you take advantage of?
How can possibly you turn your
strengths into opportunities?
Threats
What threats could harm you?
What is your competition doing?
What threats do your weaknesses expose you to
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What’s More
Activity 1.1
Classification. The box below contains four choices. Classify the items accordingly. Write the
letter of your choice on the space provided before each number.
A. Strengths B. Weaknesses
C. Opportunities D. Threats
Activity 1.2
True or False.
________ 1. Constraints are those factors that limit the business to grow.
________ 2. Opportunities in the business environment are those factors that provide
possibilities for a business to expand.
________ 3. You can reduce the chances of failure if you use SWOT Analysis.
________ 4. SWOT Analysis is a managerial tool to assess the environment.
________ 5. Opportunities and threats exist in the internal environment.
________ 6. New fashion trends of teenagers can be considered as a threat.
________ 7. An updated record is considered as strength.
________ 8. Being negative is considered as strength.
________ 9. Constraints reduce the chance of generating profit.
________ 10. Being persistent in ones work is a weakness.
________ 11. Being straight forward is a strength.
________ 12. New product line of a competitor is a threat.
________ 13. Opportunities are everywhere.
________ 14. Strengths and weaknesses are external Factors
________ 15. An opportunity makes more profits.
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Activity 1.3
Crossword Puzzle. Find the word/s as indicated on the hints below. You may also write your
answer on your activity notebook. 3 points for each item.
Across Down
3. factors that limit the business to grow 1. factors that provide possibilities for a
4. things to improve business to expand
5. are things that you or your organization 2. managerial tool to assess the environment
does particularly well
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After performing the activities, let‘s see how much you have learned. As a Grade
10 student, surely, you quite know yourself already. But sometimes, you can’t avoid
doubting your capabilities especially in times of hardships and confusions.
The next activity will give you a chance to know yourself better.
Also, it will help you a lot in the future, especially if you venture in the world of
business.
What I Can Do
Direction: SWOT Analysis! Using the template below, answer the questions inside the box
thoroughly.
Weaknesses
Strengths
What could you improve?
What do you do well?
Where do you have fewer resources
What unique resources can you draw
than others?
on?
What do others see as your strengths? What are others likely to see as
weaknesses?
Opportunities Threats
What opportunities are open to you? What threats could harm you?
What trends could you take advantage What is your competition doing?
of? What threats do your weaknesses
How can you turn your strengths into expose you to?
opportunities?
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Assessment
Post Test
Multiple Choice. Choose the letter of the best answer. Write the chosen letter on a separate
sheet of paper.
1. Strength is a/an ______________.
a. colleagues factor b. competitors factor c. external factor d. internal factor
2. Threats is a/an _______________.
a. colleagues factor b. external factor c. internal factor d. competitors factor
3. Opportunities is a/an _______________.
a. colleagues factor b. competitors factor c. external factor d. internal factor
4. Weaknesses is a/an ______________.
a. colleagues factor b. competitors factor c. external factor d.internal factor
5. What does S stands for in SWOT analysis?
a.Sickness b.Soundness c.Stability d.Strength
6. What does O stands for in SWOT analysis?
a.Obstructions b.official c.operation d.opportunity
7. What does T stands for in SWOT analysis?
a.Tasks b.threats c.timeliness d.track
8. What does W stands for in SWOT analysis?
a.weaknesses b.wondrous c.workableness d.worthless
9. The question “What do you do well?” belongs to_________________.
a.Opportunities b.strengths c.threats d.weaknesses
10. Weaknesses and threats both possess____________.
a.both a & b b.negative effects c.none of the choices d.positive effects
11. The question “What unique resources can you draw on?” belongs to _____________.
a.Opportunities b.strengths c.threats d.weaknesses
12. The question “What trends could you take advantage of?” belongs to ____________.
a.Opportunities b.strengths c. threats d. weaknesses
13. SWOT Analysis is best done ____________.
a. Alone b.with a competitor c.with a friend d.within a group
14. The question “What threats do your weaknesses expose you to?” belongs to __________.
a. Opportunities b.strengths c.threats d.weaknesses
15. The question “What could you improve?” belongs to _______________.
a. Opportunities b.strengths c.threats d.weaknesses
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Additional Activities
You had just finished the Lesson 2! Fun isn’t it? I tell you, the next lesson will be
more exciting!
Until the next module!
Enjoy!
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Glossary
Term Definition
Persistence it means standing up straight and not giving up even during the toughest
times
Planner strategic thinking and setting of goals to achieve objectives by carefully
increasing all the present resources that surround you
Risk-Taking taking the opportunity to do something which is out of your comfort zone
and usual activities
Self-Confidence trusts in his/her ability and own judgment.
Strengths are things that you or your establishment does particularly good, or in a way
that distinguishes your business from your competitors.
SWOT Analysis is a managerial tool to assess the environment and market.
are those factors that reduce the business to grow, hence limit the chances
Threats
of generating profit.
References
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