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Entrp Modul 3 Grade 10
Entrp Modul 3 Grade 10
Balot
Guro
Unit of Competency :
Perform Purchasing
and Inventory of
Production Materials
Module No. 3 Module Title : Performing
Purchasing and Inventory of
Production Materials
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.
PURCHASING OF GOODS AND
SERVICES FROM
THE LOCAL SOURCES
We are very lucky nowadays enjoying and
benefiting from the advantages that
technology brings to our life. When we go to
the supermarkets and department stores, lots
of goods and services are there available for
your needs. With various shopping malls we
have in the entire Philippines, you will not
think of going abroad to purchase the things
that you want.
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
VENN DIAGRAM
TENEZA’S MEAT & FISH PRODUCT COMPANY
S TO CK CAR D- 2
(Collective Items from Stock card – 1)
Operation Year: ________
Beginning +Total Deliveries Cumulative
Month Item Balance -Total Withdrawals Balance
Below is an example of a filled-up stock card,
TENEZA’S MEAT & FISH PRODUCT COMPANY
S TO CK CARD- 1
(Individual/Per Item)
2009
May 25 5 bags 15 Mr. Rene Delfino
Balance Forwarded
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.
d. finished-goods-inventory
e. raw-materials-inventory
f. work-in-process inventory
6.These are partially completed products requiring further
processing including sets of unfinished goods for production
process.
g. finished-goods-inventory
h. raw-materials-inventory
i. 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?
d. collective
e. group
f. individual
9. Stock card #2 has information and data that are categorized in what
cluster of items?
g. collective
h. group
i. 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?
j. export resources
k. imported resources
l. local resources
1.What function of an entrepreneur involves the guiding, leading and
supervision of the employees for the achievement of organizational goals
a. controlling
b. Directing
c. planning
6.The term pertains to a place where goods are offered for sale
d. Market
e. product
f. service
7. Can goods hotdogs and instant noodles are what type of product?
g. manufactured
h. Processed
i. grown
8.Which of the following pertains to a large stock of essential goods or
materials,built up with a withstand long hold ups?
j. inventory
k. market
l. Stockpile
9.What purchasing activity will stop the value of colonial mentality not only
among the young children but with the entrepreneur?
a. rules in purchasing activity
b. factors in purchasing goods and services
c. Benefit of purchasing activity
10. Stock card no.1 has information and data that are categorized in what
cluster of item?
d. collective
e. group
f. individual
11. Stock card no.2 has information and data that are categorized in what
cluster of item?
g. collective
h. group
i. individual
12.Which of the following is more delicate to manage because it is a work
that someone has to provide to others with satisfaction?
j. product
k. Services
l. goods
13.Which of the following pertains the act of designing and producing the
container for a product ?
a. Packaging
b. product
c. price
14. This is one of the steps in staffing for you to learn the requirement of
personnel?
d. designing an improvement plan
e. group
f. Conduct job analysis
15. Which of the following means making sure those activities done in the
interprise are kn conformity with what has been planned?
g. organizing
h. planning
i. Controlling
1. B 9. C
2. C 10. C
3. C 11. A
4. A 12. B
5. A 13. A
6. A 14. C
7. B 15. C
8. C