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INTRODUCTION TO ENTREPRENEURSHIP

WEEK 1 PHILIPPINE DEVELOPMENT AND ECONOMY,


IMPORTANCE OF ENTREPRENEURSHIP
AND ROLE OF GOVERNMENT IN ENTREPRENEURSHIP
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Before going further, let us see if you can answer this exercise. I know you can do it! This will help
you to determine your knowledge about this topic. Good luck! Write your answer on the space
provided in each letter/number.
Short Quiz
WHAT’S NAME: _________________________________ SECTION: _________________

ACTIVITY 1: Check What You Know! (1 point each)


Give an example for each type of enterprise that is present now in our country.
1. New concept
Name of business:
New product:
2. New concept
Name of business:
New product:
3. Existing concept and new business
Name of business:
Product:
What’s new in the business:

4. Existing concept and new business


Name of business:
Product:
What’s new in the business:
5. Existing concept and existing business
Name of business:
Product:
6. Existing concept and existing business
Name of business:
Product:

Give an example for each type of enterprise, according to Size.


7. Micro
Name of enterprise:
Total Assets:
Number of employees:
8. Small
Name of enterprise:
Total Assets:
Number of employees:
9. Medium
Name of enterprise:
Total Assets:
Number of employees:
10. Large
Name of enterprise:
Total Assets:
Number of employees:

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ACTIVITY 2: Check What You Know! (1 point each)


Give at least one example of a government agency for each role of government in entrepreneurship:

ROLES OF GOVERNMENT IN ENTREPRENEURSHIP GOVERNMENT AGENCY


Maintain Peace and Order 1.
Monitoring Price Stability 2.
Taxes 3.
Infrastructures 4.
Provide Education, Training and Assistance 5.
Public Administration 6.
Financial Institution 7.

Explorer! Let us now test what you have learned in our adventure! I know you can
answer the question! Good luck! Write your answer on the space provided.
What I have learned? (Use extra sheet if necessary)

ASSESSME What I have learned from the topic about Introduction to Entrepreneurship, Philippine Development
NT & Economy, Importance of Entrepreneurship and Role of Government in Entrepreneurship that I
can apply in my daily life?
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Now, let us check your progress. Being guided with the attached rubrics, accomplished the following
activities. I know you can do it! Good luck! Write your answer on the space provided.

10 points The section is extremely well-developed. The student demonstrates complete understanding of the topic
required to complete the task. The section presents the topic in a logical, organize and concise way. The
discussion is very convincing.
8 points The section is of high quality. The topic is presented well. The student demonstrates almost complete
understanding of the topic. The discussion is convincing.
6 points The section is developed satisfactorily. The topic is presented. The student demonstrates incomplete
understanding of the topic. The discussion is acceptable and somehow convincing.
4 points The quality of the section is below acceptable average. The discussion is confusing. The student
demonstrates poor understanding of the basic concepts.
2 points The section needs improvement. The discussion is very confusing or vague. Almost none of the
required themes are elaborated in the section. The writing is disorganized and very difficult to
understand
0 point The student does not explain the topic or skips the section
WHAT I CAN DO? (Use extra sheet if necessary)
“How does Entrepreneurship be useful in the following? Choose at least one:
A. COVID 19 B. Online Learning C. To my preferred strand
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REFLECT! (Use extra sheet if necessary)


Entrepreneurship greatly affects the country’s development but nowadays, our country is facing a
massive problem called COVID19 which affects almost the entire operations of businesses,
government agencies and the public. Give at least one (1) positive effect and one (1) negative effect
of this pandemic in the country’s development. Justify.
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