MODULE

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MODULE G ALS FLEX Course Material

FINAL EXAM
GEENT01X- The Entrepreneurial Mind

Business Model
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 ASSESSMENT TASK
Product Name: SCRAPIFY:VENDO & JUNKSHOP
GROUP Members: VILLAR, TORRES, & MANAOG

BUSINESS IDEA OVERVIEW

Insufficient attention was given to social and environmental

issues especially to malnourishment and hunger among the
marginalized society.

Homeless people were not given the privileged or right to

even enter or buy in convenience stores, they were drove away.
We will bring the store to them with a vending machine. It will
only contain the basic needs to satisfy their necessities. Since
they do not earn for a living, scrap or recyclable material will
be their payment.

Since scraps or recycled materials served as the payment for

our vending machine, it will be sold to people who buy
recyclables such as furniture shops, eco-bag companies, or “Empowering community.
anyone who buys scrap materials. Ending Poverty.”
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 ASSESSMENT TASK
Business Model Canvas
Key Partners - Key Activities Value Propositions Customer Relationships Customer Segments
Group Members
Scrapify's target sales per annum -
Selling of basic needs (through the
vending machine) with good-
is about P300,000.00 with 40% of
- Scrapify is one with the public LISTEN, ACT, & CONTINUOUSLY - Multisided Market
to lessen or at least aid those in IMPROVE - Marginalized sector
which will be distributed to the conditioned scarps or recycled the marginalized sectors of the - Customer-oriented business
following stakeholders: produces as mode of payment/
country processes especially the homeless
consideration.
-
- Provide and deliver good- - Commendable customer people
Selling of scraps to possible clients services
- Health, safety and - Raising public awareness with conditioned scraps and - Companies/consumers
- Track customer satisfaction
environmental groups various social problems while recyclable items to our valued who want to support
- through surveys
Various NGOs who want to generating income consumers through:
-
- Immediate responses to local and has cost-
help Utilization of economic-friendly a. On time delivery Channel
inquiries effective business
- Government bodies yet profitable business scheme b. Disinfected and clean - Scrapify’s own Website
- Private sectors - We serve as a bridge between the produces - Paid traditional advertisements (posters model
two parties involve. and pamphlets), it will be posted and
- Investors c. Assurance of cost savings given in public places for the benefit of - Companies and people
in the long run the homeless and people who does not
Competitors: Key Resources - have social media
Give the best customer service - Direct and Personal Calls/Messages
who wants to buy scrap
- Human capital and administrative
- Mitigate and break social - materials
-Convenience stores(sari sari personnel ( Manager, officer in-charge,
-
Social Media (FB,IG,Twt) Page
Collaboration with respected companies
driver, helper, etc.)
stores, 711, ministop,etc.) - Effective revenue model
classes with best-known CSR model (Corporate - Recycling agents
- Partnerships with public and private sectors - promote distinct social and Social Responsibility)
-junk shops - - Word of mouth
Technology and Machines that will be used environmental awareness
for the operation (Laptop, software, phone,
etc.)
- Support staffs
Cost Structure Revenue Streams
- Acquisition and installation of Scrapify: Vending Machine - Sales from the vending machine (25% of the profit)
- Capital and revenue expenditures. Since scraps will serve as payment, vending machine will only give low sales, to increase it,
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- Upstream and downstream costs of business venture we will find a supplier that will offer the best deal for our products in the vendo
- Sales from selling scraps or recycled items (75% of the profit)
- Human capital
- Basic necessities to be loaded unto the vending machine. Most of the sales of our business will come here, to increase our sales, we will continuously
improve our products and services, it is definitely price worthy.
- Free delivery3 option
 ANSWER KEY
References

Important Information related to junkshop were gathered here.

Pinoy Bisnes Ideas

https://www.pinoybisnes.com/money-making-business-ideas/how-to-start-junk-shop-and-scrap-business
/

Important Information related to vending machine were gathered here.

Small Business Chron

https://smallbusiness.chron.com/much-average-vending-machine-earn-12730.html
Quickbooks
https://quickbooks.intuit.com/global/resources/business-planning/vending-machine-business/
The balance small business
https://www.thebalancesmb.com/starting-a-vending-machine-business-4138408
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Just Business
https://www.justbusiness.com/starting-a-small-business/how-to-start-a-vending-machine-business
4

The table shown contains the rubrics to be used in checking your final output,
technology-based idea. Please be guided accordingly by the following. Do not answer, just read.
 Block 1 – Not Approaching Standards
Clear understanding of specific customers
missing potential size of market . General lor
1. Customer Segments
missing business model archetypes for
customer. Missing or to general of an
understanding of the job we are handling for
the customer.
Vague specific customer problems cited and
needs with lack of back up data to show
2. Value Propositions market potential. Specific key features of
product that does not match the customers
problems/needs.
Unclear business to business & business to
customer channel understanding. Missing
3. Channels specific channels and alternative channels.
Missing steps to attract, keep and grow the
customer. Missing understanding of needed
4. Customer
relationship with customer.
Relationships
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ANSWER
KEY
the Business Model Canvas of your
3 – Meet Standards
Clear understanding of specific
customers with potential size of market. in MULTIPLE markets. Specific business
Specific business model archetypes for
customer. Complete understanding of
the job we are handling for the customer
Specific customer problems cited and
needs with back up data to show market
potential. Specific key features of
product that match the customers
problems/needs.
Specific business to business & business
to customer channels of distribution
with citations for each specific and
alternative channels.
Three-part plan to attract, keep and
grow customers with specific
benchmarks. Clear understanding of the
complete customer relationship needs.
5
5 – Exceed Standards SCORE
Clear understanding of specific customers
model archetypes for each market.
Multiple jobs we are handling for the
customer specific to the market.
Specific customer problems cited and
needs with extensive back up data to
show MULTIPLE market potential.  
Specific key features of product that
match the customers problems/needs.
Extensive research of business to
business & business to customer
channels of distribution with citations for  
each specific and alternative channels.
In-depth three-part plan to attract, keep
and grow customers with specific
benchmarks. Specific understanding of  
the complete customer relationship
needs.

The table shown contains the rubrics to be used in checking your final output,
technology-based idea. Please be guided accordingly by the following. Do not answer, just read.
 Block 1 – Not Approaching Standards
5. Revenue Streams A general understanding of the profit stream
for the product/service. A partial revenue
model based on customer segments. General
pricing tactics for customer segment.
6. Key Partners Incomplete of missing list of key partners,
suppliers, resources required of each key
partner. Key partners expected return
missing or to general, from your side of the
venture.
7. Key Activities Missing or general list of key activities
without backup data on needs to achieve key
activities. Missing detailed tasks for
manufacturing, technology, supply chain and
other activities specific to product/service.
8. Key Resources General list of resources needed with out
citations for connecting with the resources,
and and missing prioritization.
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ANSWER
KEY
the Business Model Canvas of your
3 – Meet Standards
Clear understanding of the profit stream
for the product/service. A complete
revenue model based on customer
segments. Specific pricing tactics for
customer segment.
A complete list of key partners, suppliers,
resources required of each key partner.
Key partners expected return from your
side of the venture.
List of key activities with backup data on
needs to achieve key activities. Detailed
tasks for manufacturing, technology,
supply chain and other activities specific
to product/service.
Complete list of resources needed with
citations for connecting with the
resources and sorted by prioritization.
6
5 – Exceed Standards SCORE
Clear understanding of the profit stream
for the product/service in MULTIPLE
markets. A complete revenue model
based on MULTIPLE customer segments.
Specific pricing tactics for each customer
segment.
An extensive list of key partners,
suppliers, resources required of each key
partner. Key partners expected return  
from your side of the venture with
monetary value
List of key activities with backup data on
needs to achieve key activities for
MULTIPLE markets. Detailed tasks for
manufacturing, technology, supply chain  
and other activities specific to
product/service.
Complete list of resources needed with
citations for connecting with the
resources and sorted by prioritization by  
MULTIPLE markets.
 ANSWER KEY

For Individual scoring:

Individual score = BMC grade X Teammates or Peer Evaluation

Fill here your evaluation grade to each of your co-members/ peer in the
group based on their attendance, performance, support and
contributions to the final output.
Peer Name Grade (%)
1. Torres, Carl Justine M. 100 %
2. Manaog, Earle Cassey 70 %
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