REPUBLIC OF THE PHILIPPINES

Department of Education Region V (Bicol)

Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net

Entrepreneurship
ASSIGNMENT #1

Name: Deanna Deannise R. Revale Grade & Section: 12 - Passionate

1. What is a business plan?

● A business plan is a formal document that outlines a business's goals and the methods it
will use to achieve them. It also includes the time frame for achieving the goals, and
describes the business's nature, background information, and financial projections.

2. Importance of Business plan

a. It puts a plan in place when starting a new business

b. To conduct the necessary research
c. To evaluate competitors and find your audience
d. Sets objectives for employees and managers
e. Sets goals for you as an entrepreneur
f. To determine when new employees are needed
g. Assists you in making important business decisions
h. To know when to sell your business
i. To determine how you will find funding
j. To understand when/how you will profit
k. Help you predict problems
l. Provides a valuation for the business
m. To share your business plans with coworkers and family
n. To provide you with guidance during difficult situations
o. To create an effective marketing strategy
p. To give you the best chance of success
q. Manage cash flow for the business
r. To determine the success of the business

3. What are the parts of a Business Plan?

● Executive summary: Summarizes all the information in the business plan

● Market analysis: Helps understand the target market, competition, and market trends
● Products and services: Outlines the products and services the business will offer to
customers
● Marketing plan: Lists the details of the business that will make it market-ready, and the
activities needed to reach the target audience
● Competitive analysis: Helps understand the market and the business's place in it,
which can help make better decisions
● Operating plan: Includes the activities needed to run the business on a day-to-day
basis
● Funding sources: Determines how much money is needed to start the venture,
including startup costs like licensing and permits.
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net

Entrepreneurship
ASSIGNMENT #2

Name: Deanna Deannise R. Revale Grade & Section: 12 - Passionate

1. Discuss the relevance of Entrepreneurship.

● Today's economy depends heavily on entrepreneurship since it fosters
innovation, job development, and adaptation. Entrepreneurs greatly contribute to
GDP growth and unemployment reduction by driving technological improvements
and starting new enterprises. Their flexibility enables them to react quickly to
changes in the market, while social entrepreneurs address urgent societal
challenges and promote constructive change. Due to globalization, entrepreneurs
now have more ways to collaborate internationally and access other markets.
Through encouraging economic empowerment and promoting innovation as a
mindset necessary for success in our quickly changing environment,
entrepreneurship enables people to follow their passions.

2. Explore job opportunities for Entrepreneurship as a career.

● Financial Analyst
● Finance
● Marketer
● Business consultant
● Public relations Manager
● Social entrepreneurship
● Web Developer
● Financial Manager
● Recruiter
● Sales Manager
● Social Media Manager
● Appraiser
● Sales
● Business acquisition
● Business
● Corporate

3. Recognize a potential market.

● One developing entrepreneurial market is for sustainable and eco-friendly
products and services, which are being pushed by rising consumer awareness of
environmental challenges and a desire for ethical purchasing. Entrepreneurs can
develop in fields such as green energy solutions, eco-friendly consumer items,
zero-waste packaging, circular economy projects, sustainable agriculture, green
building, and environmental consultancy. Entrepreneurs can develop successful
businesses while also helping the environment by tackling these major
environmental concerns and serving the requirements of ethical consumers.

4. Analyze the market need.

● A variety of reasons contribute to the market's need for environmentally friendly
products and services. First, consumers are becoming more aware of
environmental challenges such as climate change, pollution, and resource
depletion, prompting them to seek more sustainable solutions. Concerns about
health and well-being are also a factor, as people become more aware of the
potential dangers of chemicals and contaminants in traditional products.
Additionally, regulatory restrictions and government activities aimed at lowering
carbon emissions and promoting sustainability add to the market demand.
Furthermore, demographic shifts, particularly among younger generations,
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net

toward ideals like environmental responsibility and social consciousness are

affecting purchase decisions, resulting in a considerable demand for eco-friendly
options across a wide range of businesses. Overall, the market needs
sustainable and eco-friendly products and services driven by a combination of
environmental awareness, health concerns, regulatory factors, and shifting
consumer preferences towards more ethical and sustainable consumption
choices.

5. Determine the possible product/s or service/s that will meet the need.
● Entrepreneurs can create a wide range of products and services across several
sectors to suit the market demand for sustainable and eco-friendly solutions. This
includes renewable energy solutions such as solar panels and wind turbines,
environmentally friendly consumer products such as organic or recycled apparel
and personal care items, and zero-waste food and beverage packaging. Circular
economy projects may include platforms for product resale or leasing, whereas
sustainable agriculture companies focus on organic farming and plant-based food
alternatives. Green building materials and energy-efficient designs are popular
among environmentally aware customers in the construction sector. Additionally,
consulting services can help organizations implement sustainable practices and
comply with environmental standards. Entrepreneurs can meet the growing need
for ethical and sustainable alternatives, contribute to a healthier planet, and meet
the needs of socially conscious consumers.

6. Screen the proposed solution/s based on viability, profitability, and customer

requirements.
● Each proposed solution, from renewable energy to eco-friendly consumer
products, exhibits viability, profitability potential, and alignment with customer
demands. Renewable energy solutions benefit from rising demand and
governmental support, while eco-friendly consumer products cater to a growing
market awareness of sustainability and health. Zero-waste packaging, circular
economy initiatives, and sustainable agriculture address environmental concerns
while meeting consumer expectations for functionality and affordability. Green
building solutions offer energy efficiency and market differentiation, and
environmental consulting services capitalize on businesses' need to improve
sustainability practices. Further market research and validation will refine these
opportunities for entrepreneurs seeking to capitalize on sustainability trends.

7. Select the best product or service that will meet the market need.
● Renewable energy solutions emerge as the best option to meet the market need
for sustainability due to their high viability, profitability potential, strong customer
demand, innovation opportunities, and government support. With the urgent
global focus on transitioning to cleaner energy sources, entrepreneurs in the
renewable energy sector can capitalize on growing demand while contributing to
environmental sustainability.
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net

Entrepreneurship
ASSIGNMENT #3

Name: Deanna Deannise R. Revale Grade & Section: 12 - Passionate

1. Recognize the importance of marketing mix in the development of marketing

strategy.
● The marketing mix, represented by the 7Ps (Product, Place, Price, Promotion,
People, Packaging, and Positioning), is a fundamental framework for developing
a successful marketing strategy. Each element plays a crucial role in
understanding customer needs, creating value, and achieving business
objectives. By carefully considering product features, distribution channels,
pricing strategies, promotional efforts, customer interactions, packaging design,
and brand positioning, businesses can develop a comprehensive marketing plan
that effectively engages target audiences, drives sales, and builds brand loyalty.
Balancing these elements ensures alignment with business goals and enhances
competitiveness in the market.

2. Describe the Marketing Mix (7Ps) in relation to the business opportunity vis-a-vis:
Product; Place; Price; Promotion; People; Packaging; and Positioning.
● Product: Offer a range of high-quality products or services that meet customer
needs and preferences.
● Place: Ensure accessibility and convenience through various distribution
channels or platforms.
● Price: Determine pricing strategies that balance affordability with perceived value
and profitability.
● Promotion: Develop marketing campaigns to raise awareness, generate
demand, and communicate the brand's value proposition.
● People: Employ skilled and knowledgeable personnel who contribute to
delivering exceptional customer experiences.
● Packaging: Utilize packaging that protects the product, enhances its
presentation, and aligns with the brand's image.
● Positioning: Establish a distinct position in the market by emphasizing unique
selling points and appealing to target customers.

3. Develop a brand name.

● "WristCrafts" embodies the artistry, creativity, and dedication involved in crafting
each bracelet. It symbolizes the meticulous craftsmanship and attention to detail
that goes into creating unique and stylish wristwear. The name signifies the
fusion of skillful craftsmanship with artistic expression, resulting in beautifully
crafted bracelets that are not only fashionable but also imbued with a sense of
individuality and character.

4. Demonstrate understanding of the 4 Ms of operations.

● The 4 Ms of operations management encompass the key components of a
business's operational activities, focusing on optimizing manpower, machinery,
materials, and methods to achieve operational excellence, improve efficiency,
and deliver value to customers.

5. Describe the 4Ms (Manpower, Method, Machine, Materials) of operations in relation

to the business opportunity:
● Manpower: Skilled personnel are essential for carrying out various tasks within
the business, from production to customer service.
● Method: Defined processes and workflows ensure consistency and efficiency in
operations, from start to finish.
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net

● Machine: Equipment and technology support the execution of operations,

enhancing productivity and quality.
● Materials: Sourcing high-quality materials and resources is crucial for producing
goods or delivering services that meet customer expectations.

Effective management of manpower, method, machine, and materials is essential for

optimizing operations and achieving business success in any industry or sector.
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net

MIEL PAPRINT
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net
 REPUBLIC OF THE PHILIPPINES
Department of Education Region V (Bicol)
Schools Division of Ligao City
BICOL REGIONAL SCIENCE HIGH SCHOOL
Tuburan, Ligao City
TEL: (052)7360019 (052)7360031 E-Mail: bicolrshs@yahoo.com
Website: brshs.depedligaocity.net