MODULE 2

WEEK THREE AND FOUR

Identifying Business
LESSO Opportunities through
N1
Market Scanning
Building a business enterprise is not easy. Most successful business people start from scratch and worked their
way to the top. They utilized business skills and experience to make sound decisions that helped them achieve their
business goals. However, before you start the business, you should be able to first scan the market and identify the
business opportunities present for you to capitalize on.

Let us recall and

refresh your
knowledge by
What’s In answering the
What’s In
crossword puzzle
below. Grab a
Module for Date Developed: JUNE 2021 MODULE 2 Page
pen and let’s
BBUSINESS ENTERPRISE AND SIMULATION
begin! Developed by: Rebecca M. Tripulca 1 of 3
(Grade 12) Checked by: Arnel S. Gallo
Before we start this module, let us first refresh our memories and recall the different terms and concepts that
we have discussed and studied from our previous ABM subjects. Answer the crossword puzzle below using the clues
provided.

1. It is an undertaking by a person or a group of persons who are partners, or of stockholders who own a
juridical entity known as a corporation.
 2. The place where two parties can gather to facilitate the exchange of goods and services is called .

3. It is an enterprise composed of a professional or team of experts that deliver work or aid in completing a task
for the benefit of its customers.

4. It is anything that can be offered to a market that might satisfy a want or need.

5. A/an is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

6. The main objective of a business is to earn for the owners.

7. It is a group of companies that are related based on their primary business activities.

Before we start this

module, let us first try to
What’s New flex our business minds
and identify the mystery
words below

Identify the Mystery Words

As you go through this module, you will meet new business terms and concepts that will be useful for you.
Arrange the jumbled words below to find the mystery words being described. There are clues provided below to help
you identify the mystery words.

1. DSENE = NEEDS

2. NATWS = ______________________

3. UBISENSS DIAE = _________________________________

4. TREMAK NSACNGIN = _______________________________

5. NOINATOIVN = ______________________________________

6. VINOETNIN = _______________________________________

7. KAMRET DMENAD = ____________________________________

Module for Date Developed: JUNE 2021 MODULE 2 Page

BBUSINESS ENTERPRISE AND SIMULATION Developed by: Rebecca M. Tripulca 2 of 3
(Grade 12) Checked by: Arnel S. Gallo

Here are your clues:

1. These are the things that are essential for us.
2. These are desires, luxury, and extravagance that signify wealth and an expensive way of living.

3. It is a concept that can be used for financial gain that is usually centered on a product or service that can be
offered for money.

4. It is the process of continually and actively monitoring the external environments in order to identify
customer needs, anticipate competitive actions, and, identify technological changes which will provide new
market opportunities or market disruptions.

5. Improving or enhancing an existing product or service is known as .

6. This happens when you create a new and improved product or service to replace the existing ones.

7. The needs for the products and services are referred to as ________________ .

Module for Date Developed: JUNE 2021 MODULE 2 Page

BBUSINESS ENTERPRISE AND SIMULATION Developed by: Rebecca M. Tripulca 3 of 3
(Grade 12) Checked by: Arnel S. Gallo