Applied Economics11 12 M10
Applied Economics11 12 M10
LEARNING COMPETENCIES:
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Specialized Subject (APPLIED ECONOMICS) – Senior High School
Alternative Delivery Mode
Quarter 2 MODULE 10 (Week 12): Evaluate the Viability and Impacts of
Business on the Community
First Edition, 2020
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MODULE 10 (Week 12)
Evaluate the Viability and Impacts of
Business on the Community
I - Introduction
Our objective is to make your journey meaningful and relevant for you as a
Senior High School student and to prepare you for your endeavor towards being a
functional and responsible citizen. While we help you achieve your goal for learning,
we also want you to enjoy this journey!
II – Learning Goals
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III - Let’s Find What You Know
Directions: Read the statements carefully and determine if it is TRUE or FALSE.
Write the term in the space provided before each number.
_______2. Business viability means that a business is (or has the potential to be)
losing or no profit at all.
_______3. A viable business is profitable, which means it has more revenue coming
in than it's spending on the costs of running the business.
_______4. . If a business isn't viable, it's very easy to recover. The business would
need to increase revenue, cut costs, or both. Viability is closely linked to profit as
well as solvency and liquidity.
_______7. Find out who your competitors are and keep them in mind as you create
your marketing strategy and destroy their business in whatever it takes to save
yours.
_______8. To be viable, you have to know who is going to buy your product or
service. That means researching to find out who these people are.
_______9. Having a viable business means always knowing where your business is
financially..
______10. A viable business is not profitable, which means it can have no revenue
coming in than it's spending on the costs of running the business.
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IV – Let’s Talk About It
Learning Task No.1: TALKING TO KNOW
Directions: Read the brief discussion of the content of this lesson and accomplish
the learning activity that follows.
Business viability means that a business is (or has the potential to be) successful.
A viable business is profitable, which means it has more revenue coming in than it's
spending on the costs of running the business. If a business isn't viable, it's difficult
to recover. The business would need to increase revenue, cut costs, or both. Viability
is closely linked to profit as well as solvency and liquidity.
To create a marketing strategy that will make your business viable, you'll need to
have this information:
2. Stable customer base: To be viable, you have to know who is going to buy your
product or service. That means researching to find out who these people are.
3. Competitive advantage: Even if your product is unique and you know who you're
selling to, you must always consider the competition. Find out who your competitors
are and keep them in mind as you create your marketing strategy.
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Cash stability: The most important factor that makes a business viable is that it has
enough assets (cash and other reserve funds) for day-to-day operations and to
weather the ups and downs that all businesses experience. Getting to cash stability
doesn't happen overnight. It means being frugal, not over-spending in anticipation of
sales, and not taking too much out of the business.
Continuing attention to your financial status: Having a viable business means always
knowing where your business is financially. Get good financial software, input all
your business information regularly, and analyze it against your goals for cash
stability and other factors.
Now that you have fully absorbed and understand the processes of communication,
accomplish the next activity to deepen your analysis of the content.
V – Let’s Know It
Learning Task No.2: KNOW ME CORRECTLY
Directions: Determine what Effect of Applied Social Science Processes is being
described or defined in each statement by writing the letter that represent each
effect.
EVALUATE THE
VIABILITY AND
IMPACTS OF BUSINESS
STATEMENTS ON THE COMMUNITY
WITH WITH NO
Viability Viability
and Impact and Impact
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buy your product or service. That means
researching to find out who these people are.
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Learning Task No.3: MAKE ME A CONVERSATION
Directions: Create a conversation of the two students as show below. Make sure to
cover and emphasize the importance of understanding the Effects of the Various
Socio-Economic Factors Affecting Business and Industry.
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VII – Let’s Think Deep
Learning Task No.4: CHALLENGES AND SOLUTIONS
Directions: Go back to the previous activities and then, give one possible challenge
that may negate or cause failure to achieve them, its effect and how would you solve
or prevent them. Complete the flow chart by providing required information.
POSSIBLE
POSSIBLE
EFFECT SOLUTION /
CHALLENGE PREVENTION
1.
2.
PROCESS QUESTIONS:
2. What do the effects of these challenges will bring to evaluating the viability and
impacts of business on the community?
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4. Based on the information you have provided in the flow chart, how can
these things will help you as a person and as a student?
After reaching this point of your learning experience, try to revisit the preceding
activities to organize, link and form the essential ideas.
_______________________________________________________
Let us check the level of your Kodus! For you have succeeded in
understanding this journey and learning experience.
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IX – Let’s Check It
_______2. Find out who your competitors are and keep them in mind as you create
your marketing strategy and destroy their business in whatever it takes to save
yours.
_______3. To be viable, you have to know who is going to buy your product or
service. That means researching to find out who these people are.
_______4. Having a viable business means always knowing where your business is
financially..
_______5. A viable business is not profitable, which means it can have no revenue
coming in than it's spending on the costs of running the business.
_______7. Business viability means that a business is (or has the potential to be)
losing or no profit at all.
_______8. A viable business is profitable, which means it has more revenue coming
in than it's spending on the costs of running the business.
_______9. . If a business isn't viable, it's very easy to recover. The business would
need to increase revenue, cut costs, or both. Viability is closely linked to profit as
well as solvency and liquidity.
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References
Answer Key
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