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ICT 6

Week 1
The Ideal
Entrepreneur
Day 1
According to research,
only less than a quarter
of the Philippine population is
intoEntrepreneurship because Filipinos
prefer a fixed income and a
simple, comfortable life. However,
running an enterprise provides
unlimited income opportunities and
more money that one cannot have.
Recent surveys
also reveal that more
Filipinos are now
thinking of having their own bus
inesses. But, it comes with ma
ny
challenges. This
lesson will help one
understand what
Entrepreneurship is all about.
What comes into
your mind about
“Entrepreneurship”?
Starting your own business
entails serious hard work. It
involves, among others,
activities such as research,
planning, testing, developing,
marketing, and the like.
A product is something that is
manufactured following a process, in
order to be sold for a profit. A service
is a facility supplying a public or
market needed
Or demand. Some examples are hair
salons offering hair care and
hairstyling services; bus companies,
offering transport services; and spas
wellness centers offering
massage services, skin care
treatments, and the like. There
are two people or parties
involved in business
transaction such as selling
and buying, the seller and the
buyer.
1. The Seller - owns or manages a store
or business establishment - offers goods,
products, or services to those who need
it - must learn the art of selling - must
maintain good relationships with people,
patient, and courteous towards the
prospective consumers or buyers. sells
products, goods, or services at a
specified amount called selling price.
2. The Buyer - buys goods or
services from the seller - is also
a consumer who makes use of
the goods to meet his/her needs
or wants and those of his family
- also called the end user
because they use the good or
product or service in order to
meet the needs and wants of
consumers and derive
satisfaction from it.
Read the following
statements below. Identify
and write B if it refers to the
Buyer and S if it’s Seller.

______1. Owns or manages


a store or business
establishment
______2. Also refers to a
consumer who makes use of the
goods to meet his/her needs or
wants and those of his family.
______3. Offers goods,
products, or services to those
who need it
______4. Sells products, goods,
or services at a specified
amount called selling price.
Write Agree on the line if the
statement is correct and Disagree
if the statement is incorrect.

­________1. Buyers are persons


who agree to purchase finished
product s or services.
________2. Sellers should not
provide warranty for the products
or services.
________3. Sellers are
persons who transfer goods
and provideservices
inexchange for money.
_______4. Sellers should
make business fairly with
buyers.
_________5. To provide
warranty to buyers is a right
of the sellers.
Have you ever
dreamed of becoming
an entrepreneur?
Do you have what it
takes to become a
successful
entrepreneur?
The seller sells products,
goods, or services at a
specified amount called his
selling price, while buyer is
the person who buys goods
or services from the seller.
Goods and services must
also be appealing to be
patronized by potential
buyers; offer something new in
every occasion such as
Christmas, Valentine's Day,
Graduation, Mother's Day,
Father's Day, Fiesta, Birthdays’
etc. Innovate existing goods and
services to make it more
interesting and develop
customer loyalty.
Choose the letter of the best
answer. Write the letter on a
separate sheet of paper.

1. A person who starts a


business and is willing to risk
loss in order to make money.
a. buyer
b. seller
c. entrepreneur
d. manager
2. It is the person who buys
goods or services from the seller.
a. entrepreneur b. manager
c. buyer d. seller

3. This person owns or manages


the store or business
establishment and offers goods,
products, or services to those
who need it.
a. lawyer b. teacher
c.buyer d. seller
4. It is manufactured following
a process or grown and
nurturedin order to besold for
a profit.
a. demand b. product
c. service d. profit

5. It is a facility supplying a
public or market demand.
a. establishment b. school
6. Something you buy based on
your needs and wants is called
a. education b. goods
c. bills d. service

7. When you pay something at a


store, you are the .
a. entrepreneur b. manager
c. buyer d. seller
8. A financial gain, especially the difference
between the amount earned and the
amount spent in buying, operating, or
producing something.
a. service b. profit
c. demand d. goods
9. It is defined as an organization or
enterprising entity engaged in
commercial, industrial, or professional
activities.
a. establishment b. factory
c. school d. business
10. A consumer’s desire to
purchase goods and services
and willingnesstopay aprice
for a specific good or service.
a. profit
b. product
c. demand
d. business
Read and answer the following
questions below.
1. What business can you create out
of the things you enjoy doing? Name
at least three.
2. Do you think people need the
product or service that these
businesses offer? Why?
3. Do you think people are
willing to buy these products
or services? Why?
The Ideal
Entrepreneur
Day 2
What is the role
of a seller and the
buyer in the
business?
With the advent of technology,
entrepreneurs and small businesses alike
turned to the internet and social media
platforms to survive the crises brought by
the COVID-19 pandemic. Online selling
and buying transactions soared high,
overtime as it improved client service
through greater flexibility, cost
savings and created opportunities
to manage business from
anywhere in the world.
FAMOUS SUCCESSFUL FILIPINO
ENTREPRENEURS

TONY TANCAKTIONG
Jollibee FoodsCorporation
Jollibee was formerly selling
Magnolia Ice Cream, then it
was recognized as selling
chicken and burger. Tony Tan
Caktiong, the president and
CEO of Jollibee, is a name to
remember, not only here in the
Philippines but also in other
parts of the world, like USA,
Hongkong, China, Indonesia,
and Japan.
He had received several
awards in the business and the
like. The success of Jollibee
according to Mr. Caktiong is
sharing to people what they had
achieved. Jollibee had been
known to be a happy and
hardworking insect and now it is
the favorite place to dine for
many Filipinos especially the
kids.
1. What do you think are the
secrets of their success in
entrepreneurship?

2. Why is it important to build a


business?

3. Do you wish to become like


them? Why or why not?
In deciding what type of business
to get into, it might be good to
start with a hobby or interest. It is
easier to work on something that
you are already passionate about.
You can produce something that
you can offer or sell to your
friends and schoolmates. School
fairs are a good opportunity to
sell. Among the products that are
always in demand are food items.
Start small before you think of
producing bigger quantities. One
has to practice his skills in food
preparation, cooking and food
packaging. In addition, one also
has to observe safety practices in
handling, preparing, and serving
food items. Whatever you decide
on, you have to remember to keep
your costs down while maintaining
the quality of your product.
Make sure to canvass and find
out where you can source your
materials and supplies in items,
purchase your ingredients in a
store or market that sells fresh
produce. Lastly, remember that
the way a product is presented
to the customer affects its
stability.
Food items, in particular,
must not only be attractively
packaged but more
importantly, they should be
protected from contaminants
and spoilage. Like other
expense items, packaging
must be of good quality but
also cost effective.
Asks the class to answer either “Ideal” or
“Not‐Ideal” for
the following situations of an Entrepreneur:
1. Be a slave‐driver.
2.Sells products that have already expired.
3.Does not attend any seminar or
training to further business acumen/
expertise.
4.Being truthful to customers

5.Treats employees as part of the Team.


6.Shells out money in time of emp
loyee’s emergencies.
7.Ventures into another business
without careful planning
8.Makes a sound judgment
in decision making.
9.Is concerned with one‐
time immediate gains than long‐
term profits.
10.Has contingency plans for unf
avorable situations that may hit b
Do you know other
entrepreneurs from
your town who became
successful? How did
their business start and
how did they maintain
those?
Qualities of an Ideal Entrepreneur
Match the words in column A
with its meaning in column B.
Write the letter of the correct
answer before the number.
Interview a sucessful
entrepreneur in your barangay.
Ask:
1. What is the secret on
becoming a successful
entrepreneur?

2.How would you know that


those business you choose will
be in demand to the market?
Day 3
The Ideal
Entrepreneur
What have you
learned from the
previous lessons
we had?
An ideal entrepreneur desires to
establish a business that will be able
to produce simple products. Starting
your own business entails serious
hard work. This lesson will discuss
hints to help one decide what type
of business to get into. It will also
provide things to
remember and ideas when
putting up a business.
Entrepreneurship is an important
engine of growth in the economy. It
has brought success to some, but
it is not a career path for all. Do
you think you can handle the
stress and hard work that go with
running a small business
enterprise? The key to succeed in
a small business enterprise is your
entrepreneurial ability to produce
the desired results.
A product is something that is
manufactured following a
process or grown and nurtured
in order to be sold for a profit.

Service –a facility supplying a


public or market demand Here
are some steps to guide you in
producing your own simple
product:
▪ Design your product. Make a
sketch or describe it in words of
the product that you have in
mind. Make sure your product is
different from among the others.
Create your own identity.

▪ Decide what materials to use.


Use your creativity in selecting
materials for your product.
▪ Create the product. Create first
the initial version of the product.
▪ Evaluate the first version and
make necessary adjustments or
changes.
▪ Determine the price of your
product. Compute for the costs
incurred in making the product.
The sum of all the costs
determines the wholesale price of
your product.
▪ Advertise your product.
Promote your product either
by using printed materials,
online or during programs or
activities in school or
community where there are
more target customers.
DIRECTIONS: Think of a
product that you will sell to
your community. Read and
answer the guide questions
below to help you in planning.
DIRECTION: My friend is
thinking about how to start
his food business. In the
Word Search below, help her
decide what to take into
consideration when planning
a business by finding the
words related to his business.
List down the words below.
If you have a
business, How
are you going to
promote it in the
market? Why?
Things to remember in
producing simple products:

1. Conduct research and


investigation.
2. Observe safety practices in
handling, preparing, and
serving food items.
3. The way a product is
presented to the customer
affects the salability.
4. To ensure profitability, one
should keep costs down but
still maintain quality.
5. Create your identity in
designing your product.
DIRECTIONS: Encircle the letter
of the best answer.

1. Someone who is willing to put


up the capital needed to set up a
business fully aware of the risks
involved.
A. Buyer
B. Consumer
C. Entrepreneur
D. Server
2. Persons or organizations
who agree to purchase the
finished products or services
presented with the prescribed
or correct features.
A. Buyers
B. Entrepreneurs
C. Sellers
D. Server
3. Person or group of persons who
transfer goods and services to the
buyers in exchange of money.
A. Buyers B. Consumer
C. Sellers D. Server

4. A facility supplying a public or


market demand.
A. Enterprise B. Market
C. Transportation D. Service
5. It is something that is
manufactured following a
process, or grown and
nurtured in order to be sold for
a profit.
A. Business
B. Hobby
C. Packaging
D. Product
Make a survey on
the product that
has a high
demand in the
market.
Day 4
Producing
Simple
Products
What have you
learned from the
previous lessons
we had?
Polvoron
Ingredients:
3⁄4 Melted
Butter
2 cups All Purpose Flour
1 cup Sugar
Powdered Milk
Procedure:

1. Toast the flour until brown in


color. Remove from heat. Let it cool.
2. Melt the butter. Set aside.
3. Combine powder milk, sugar, and
toasted flour.
4. Add the melted butter and mix
until well combined. Make sure you
break the lumps
while stirring the mixture.
5. Divide polvoron mixture if you want
to add the other flavours (2 tbsp each
like peanuts, cashew, etc.)
6. Press the mold in the polvoron
mixture till you have filled up the
cavity, it is okay even if it is
overflowing a bit.
7. On a plate, press the mold to
make the mixture more
compact.
8. Push the ejector handle to release
the molded polvoron, if it is still
sticking to the flat metal plate, gently
hold the sides of the polvoron with
your thumb and forefinger
and move it a little bit, it will release
itself.

9. Use a cellophane wrapper to


wrap the molded polvoron.
Group Activity:
Group learners into 2 groups. Give
an instruction on making a polvoron
with a twist .Follow the rubrics in
checking their works.

1. creativity
2. taste
3. resourcefulness
Directions: Arrange the steps in
making polvoron. Write the
corresponding Roman number
on the box provided. Write your
anwers on activity sheet.
First picture will serve as an
example.

I. Toast the flour and melt the


butter.
II. Combine powder milk, sugar,
and toasted flour.
III. Melt the butter.
IV. Add the melted butter to the
mixture of sugar, flour and milk.
V. Place the mixture of butter,
sugar, milk and flour in a plane
container.
VI. Use the molder to shape
the polvoron.
VII. Wrap it using water
cellophane.
Young boys and girls like you
can be potential entrepreneurs.
Use your creativity and
resourcefulness, as well as
your skill, to create simple
products to sell. To ensure that
your
products will be sold, you need
to make a simple survey,
whether in your school or in
your neighborhood to identify
A simple survey can be an interview with
some classmates in your school if you
intend to sell in school or residents in the
neighborhood. Then look around you to find
out if what they need is already available in
the neighborhood or in the school. If it is
not yet available, or if it is available but it
is not enough to meet the demand,
then make a decision on whether
to create the product needed, and what
product it would be.
Hints to help one decide what
type of business to get into:

1. Start with a hobby or


interest.
2. Produce something that
you can offer or sell to your
friends and schoolmates.
3. Products that are always in
demand are food items.
4. Start small before you
think of producing bigger
quantities.
5. Do some research and
investigation.
6. Observe people and their
food preferences.
7. Check existing products in
the local market.
Fill in the blanks. Fill in the blanks
with the correct word or words to
complete the sentence.
Choose your answer from the box.
Write your answers on activity sheet.
Boys and girls like you can be entrepreneurs by
using your ___(1)___ , ____(2)___,
and ____(3)____. To ensure that your products can
be sold, you need to make a ___(4)___ in your
school or neighborhood
to find out the ___(5)___ of your
potential customers. You
can ____(6)____ your schoolmates or
neighbors to find out what goods or
products are in ____(7)____. Once you
have identified the needs/demands in your
school or neighborhood,
you can now plan on what products to sell.
You need to plan your ____(8)____,
____(9)____ and ____(10)____ needed.
Day 5
SUMMATIVE TEST

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