The document is a daily lesson log for an applied economics class in grade 11/12. It outlines the objectives, content, learning resources, and procedures for a lesson on applying business principles, tools, and techniques to various local industries. The lesson will introduce concepts like SWOT analysis, Porter's Five Forces model, industry analysis, and discuss how to apply these tools to evaluate different industries in the local business environment.
The document is a daily lesson log for an applied economics class in grade 11/12. It outlines the objectives, content, learning resources, and procedures for a lesson on applying business principles, tools, and techniques to various local industries. The lesson will introduce concepts like SWOT analysis, Porter's Five Forces model, industry analysis, and discuss how to apply these tools to evaluate different industries in the local business environment.
The document is a daily lesson log for an applied economics class in grade 11/12. It outlines the objectives, content, learning resources, and procedures for a lesson on applying business principles, tools, and techniques to various local industries. The lesson will introduce concepts like SWOT analysis, Porter's Five Forces model, industry analysis, and discuss how to apply these tools to evaluate different industries in the local business environment.
DAILY LESSON LOG Teacher Learning Area APPLIED ECONOMICS
Department of Education Teaching Dates and Time WEEK 3 Quarter QUARTER 2 Session 1: Session 2: Session 3: Session 4: I. OBJECTIVES The learner demonstrates an understanding of… A. Content Standards industry analysis, its principles, tools, and techniques leading to the identification of business opportunities. The learners shall be able to … B. Performance Standards conduct a survey of macro and micro environments affecting business in a locality Apply business principles, tools, and techniques in participating in various types of industries in the locality: C. Learning Apply relevant business principles, tools, and techniques to different industries. Competencies/Objectives Understand the local business environment to make informed decisions. II. CONTENT BUSINESS PRINCIPLES, TOOLS, AND TECHNIQUES IN PARTICIPATING IN VARIOUS TYPES OF INDUSTRIES IN THE LOCALITY (Part 1) III. LEARNING RESOURCES A. References 1. TG’s Pages 2. LM’s Pages 3. Textbook’s Pages B. Other Resources IV. PROCEDURES The teacher will ask the students about 1. Introduce the lesson by asking the previous lesson and what they have students about their understanding of learned from it. If the previous lesson is business principles, tools, and 1. Reviewing previous lesson or related to this one, the teacher can use it techniques. Recall the previous lesson. Recall the previous lesson. presenting the new lesson to introduce the new lesson. If not, the 2. Review the different industries that teacher will introduce the new lesson by they have learned in their previous asking the students about their local lessons. business environment. 1. Explain to students the importance of applying relevant business principles, tools, and techniques to different industries. 2. Set the learning objectives of the The teacher will explain to the students lesson, which are: that the purpose of the lesson is to 2. Establishing the purpose of the Identify the different business understand the local business lesson principles, tools, and techniques environment and how it affects their that can be applied to various decision-making process. industries. Analyze and apply these principles, tools, and techniques to a specific industry. 3. Presenting examples/instances of Provide examples of industries such The teacher will present real-life the new lesson as agriculture, manufacturing, examples of businesses that are service, and technology. successful or unsuccessful in their local Discuss the different business area due to the local business principles, tools, and techniques that environment. are applicable to each industry. 1. The teacher will discuss the concept of the local business environment Explain to students the concept and its components, such as of SWOT analysis, Porter's Five economic, social, and political Forces, TOWS Matrix, and factors. The teacher will ask the industry analysis. students to identify the factors that 4. Discussing new concepts and Discuss how these concepts can affect their local business practicing new skills #1 be applied to different industries. environment and how they affect the Provide examples of how to business community. conduct a SWOT analysis, 2. The teacher will guide the students in Porter's Five Forces analysis, analyzing the impact of the local and industry analysis. business environment on the decision-making process of businesses in their area. Discuss the concept of financial analysis and how it can be used to The teacher will introduce the students to evaluate the financial health of a the SWOT analysis, a tool used to company. analyze the strengths, weaknesses, Introduce the concept of supply and opportunities, and threats of a business. 5. Discussing new concepts and demand and how it can be used to The teacher will guide the students in practicing new skills #2 analyze the market for a product or applying the SWOT analysis to a local service. business in their area, identifying the Provide examples of how to perform factors that affect the business and how financial analysis and supply and they can be addressed. demand analysis. Divide the students into groups and The teacher will provide the students with assign them different industries to a case study of a local business in their analyze. area and ask them to analyze the impact Instruct them to apply the different of the local business environment on the 6. Developing Mastery business principles, tools, and business. The students will also be asked techniques discussed in class to their to provide recommendations on how the assigned industry. business can improve its performance Have each group present their based on the SWOT analysis. findings and conclusions to the class. 7. Finding practical applications of Discuss the relevance of the different The teacher will ask the students to concepts and skills in daily business principles, tools, and identify a local business that they are living techniques in real-life situations. familiar with and analyze its strengths, Encourage students to apply these weaknesses, opportunities, and threats concepts to their personal financial based on the local business environment. and career decisions. The students will also be asked to provide recommendations on how the business can improve its performance based on the SWOT analysis. Ask students to reflect on the importance of applying relevant The teacher will guide the students in business principles, tools, and 8. Generalizing and abstractions summarizing the key points of the lesson techniques to different industries. about the lesson and how they can apply the concepts and Encourage them to think about the skills in their daily lives. transferability of these concepts to other areas of their lives. Conduct a quiz or an oral recitation to test the students' understanding of The teacher will assess the students' the different business principles, 9. Evaluating Learning learning by asking them to answer tools, and techniques. questions related to the lesson. Evaluate their performance in the group activity and class participation. Provide additional case studies or scenarios for students to analyze using the different business 10. Additional Activities for principles, tools, and techniques. Application or Remediation Offer remedial sessions for students who need additional help in understanding the concepts
V. REFLECTION
A. No. of learners who earned 80%
in the evaluation. B. No. of learners who require additional activities for remediation who scored below 80%. C. Did the remedial lessons work? No. of learners who have caught up with the lesson. D. No. of learners who continue to require remediation. E. Which of my teaching strategies worked well? Why did this work? F. What difficulties did I encounter which my principal or supervisor can help me solve? G. What innovation or localized materials did I use/discover which I wish to share with other teachers?