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Q1 Entrepreneurship M1

Grade 12 Entrepreneurs subject

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0% found this document useful (0 votes)
72 views20 pages

Q1 Entrepreneurship M1

Grade 12 Entrepreneurs subject

Uploaded by

meinradodanno
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Entrepreneurship
Quarter 1 ˘ Module 1:
Relevance of the Course and
Job Opportunities Needs

Redeveloped Divi sion Init i at ed Self-Lear ni ng Module

Department of Education – Division of Palawan


i
Entrepreneurship – Grade 12
Redeveloped Division Initiated - Self-Learning Module
Quarter 1 – Module 1: Relevance of the Course and Job Opportunities
Second Edition, 2021

Republic Act 8293, section 176 states that: No copyright shall subsist in any work
of the Government of the Philippines. However, prior approval of the government
agency or office wherein the work is created shall be necessary for exploitation of
such work for profit. Such agency or office may, among other things, impose as a
condition the payment of royalties.

Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this module are owned by their respective copyright
holders. Every effort has been exerted to locate and seek permission to use these
materials from their respective copyright owners. The publisher and authors do not
represent nor claim ownership over them.

Published by the Department of Education, Division of Palawan


Schools Division Superintendent:
Roger F. Capa, CESO VI
OIC - Assistant Schools Division Superintendents:
Rufino B. Foz
Arnaldo G. Ventura, Ph.D.

Development team for


Development Team
Redevelopment Activity

Writer: Mary Geraldine Clair M. Delos Writer: Mary Christine Abrina-Sabando


Reyes Editors: Mark G. Javillonar, Marianne R.
Editors: Sitti Halima Adges, Mark G. Valdez
Javillonar, Marianne R. Valdez Illustrator:
Illustrator: Layout Artist: Mark G. Javillonar
Layout Artist: Mark G. Javillonar Reviewer: Sean A. Catelo
Reviewer: Eric N. Quillip Management Team:
Management Team: Aurelia B. Marquez
Aurelia B. Marquez Rosalyn C. Gadiano
Rodgie S. Demalinao Rodgie S. Demalinao
Eric N. Quillip Sean A. Catelo

Department of Education – MIMAROPA Region – Division of Palawan


Office Address: PEO Road, Barangay Bancao-Bancao, Puerto Princesa City
Telephone: (048) 433-6392
E-mail Address: palawan@deped.gov.ph
Website: www.depedpalawan.com

ii
Introductory Message
This Self-Learning Module (SLM) is prepared so that you, our dear learners, can
continue your studies and learn while at home. Activities, questions, directions,
exercises, and discussions are carefully stated for you to understand each
lesson.

Each SLM is composed of different parts. Each part shall guide you step-by-
step as you discover and understand the lesson prepared for you.

Pre-tests are provided to measure your prior knowledge on lessons in each SLM.
This will tell you if you need to proceed on completing this module or if you
need to ask your facilitator or your teacher’s assistance for better
understanding of the lesson. At the end of each module, you need to answer
the post-test to self-check your learning. Answer keys are provided for each
activity and test. We trust that you will be honest in using these.

In addition to the material in the main text, Notes to the Teacher are also
provided to our facilitators and parents for strategies and reminders on how
they can best help you on your home-based learning.

Please use this module with care. Do not put unnecessary marks on any part
of this SLM. Use a separate sheet of paper in answering the exercises and tests.
And read the instructions carefully before performing each task

If you have any questions in using this SLM or any difficulty in answering the
tasks in this module, do not hesitate to consult your teacher or facilitator.

Thank you.

iii
Entrepreneurship
12 Relevance of the Course and Job
First Quarter Opportunities
Week 1

MELC: Discuss the relevance of the course and Explore job opportunities
for Entrepreneurship as a career

Objective/s:
1. Define entrepreneur and entrepreneurship;
2. Discuss the relevance of the course;
3. Identify the possible job opportunities for entrepreneurship as a
career; and
4. Assess individual entrepreneurial capabilities.

What I Know

Directions: Read each item carefully and write the letter of your answer on a
separate sheet of paper.
1. Which of the following is the definition of entrepreneurship?
a. It is the process of designing, launching, and running a new business
which is often initially a small business.
b. A person who sets up a business or businesses, taking on financial risks in
the hope of profit.
c. One who organizes and manages any enterprise, especially one
involving considerable risk.
d. Someone who undertakes a significant project or activity finding new or
better ways of doing things; they are opportunity-aware, take risks and
utilize a range of behaviors, such as initiative and innovation, that create
value and contribute to their success.

2. It refers to a person who owns, operates and takes risk of a business venture.
a. Aptitude c. Entrepreneur
b. Employee d. Entrepreneurship

1
3. One of the following is NOT a possible job opportunity if you engage in an
entrepreneurship career, which one is the exception?
a. Small Entrepreneurial Firm Manager
b. Business Advisor/Consultant
c. Business/Management Analyst
d. Accountant

4. Which of the following is NOT an entrepreneurial traits and behavior?


a. Risk taker c. Problem solving skills
b. Language and grammar skills d. Innovative

5. Which of the following is NOT a characteristic of an entrepreneur?


a. Risk taker c. Lazy
b. Innovative d. Creative

6. Which refers to a person who works in sales and has excellent marketing
strategies to persuade customers?
a. Salesperson c. Teacher
b. Business advisor d. Business reporter

7. This is an evaluation of your strengths and weaknesses.


a. Self-assessment c. Entrepreneurs
b. Employee d. Entrepreneurship

8. This entrepreneurial job opportunity provides analytical services to


companies to help them coordinate projects efficiently and effectively.
a. Management Analyst c. Recruiter
b. Teacher d. Small enterprise’ manager

9. Which entrepreneurial job opportunity is for an individual who can


understand business concepts, procedures, and practices?
a. Research and Development c. Recruiter
b. Teacher d. Small enterprise’ manager

10. This entrepreneurial job opportunity pertains to managing the operation of


business and application of several entrepreneurial knowledge.
a. Research and Development c. Recruiter
b. Small entrepreneurial manager d. Teacher

11. Which of the following entrepreneurial traits refers to the ability to develop
new ideas and to discover new ways of looking at problems and
opportunities?
a. Creativity c. Patience
b. Passion d. Resilience

2
12. Entrepreneurs must remain proactive and vigilant, preventing small
problems from becoming major ones. This entrepreneurial trait refers to
what?
a. Creativity c. Patience
b. Agility d. Resilience

13. This is the trait a successful entrepreneur possesses when he always sees
hope for the future.
a. Agility c. Patience
b. Optimism d. Creativity

14. Successful entrepreneurs have a risk tolerance and are willing to do things
that involve danger in order to achieve the goal. Which entrepreneurial
trait is it?
a. Risk-taker c. Patience
b. Agility d. Optimistic

15. When an entrepreneur develops future course of action keeping in mind


the goals to be realized, he is exhibiting which entrepreneurial trait?
a. Planner c. Patience
b. Agility d. Optimistic

What i s It
In this global situation, it is the entrepreneur who could change the
global economic landscape. One thing that we can do is strengthen the
domestic economy by creating quality and marketable products. We need to
focus on areas where business opportunities are open to small and medium
enterprises.
Entrepreneurship is the process of setting up a business or the creation of
value to gain profit. An Entrepreneur is an individual who creates a new
business, an innovator, a source of new ideas, goods, and services.
Our country is on the road to agricultural development to provide
enough food, which is essential to this pandemic to support the community's
health needs and create our food at home. The farmers are still the backbone
of our economic development.

3
This course will greatly help young students to think like an entrepreneur.
It will enhance students' desire to be an employer rather than an employee.

Sources: https://www.alimentarium.org/en/knowledge/tomatoes
https://images.app.goo.gl/9ybrh4Du1oF7FFx49

Sources: https://www.pinterest.com/pin/323274079501751322/
https://images.app.goo.gl/MTPnuzCd2DzR98LX6

Look at the following agricultural products that turned into marketable


food products as an entrepreneurial venture.

Benefits of Entrepreneurship Course to Students


By learning Entrepreneurship, Senior High School students will be able to:
1. Classify individual entrepreneurial interest
2. Apply basic marketing strategy
3. Convert threats into opportunities
4. Evaluate the feasibility of ideas
5. Write a micro business plan

The usefulness of Entrepreneurship Course to the Students


1. Develop skills in starting up a business
2. Demonstrate skills in maintaining a business on a long-term basis
3. Enhances knowledge of business operations and expansion
4. Demonstrate business management
5. Uses components of a business plan
6. Considers to become employer rather than an employee
7. Changes attitude toward entrepreneurship as a means of making a living
8. Changes in personal and career attitudes including:

4
u Communication
u Self-actualization
u Ability to manage one’s own life
u Problem-solving
u Motivation
u Creativity
u Teamwork

Importance of Entrepreneurship Education


1. Entrepreneurship Education benefits every student by giving them an
alternate career path at any time in their lives.
2. Entrepreneurship Education provides an idea of the difference between
finding a job and doing their job.
3. Entrepreneurship will transform learners to be innovators and creative
thinkers.
4. Young people determined to be entrepreneurs can turn those unmet needs
into business opportunities and stay in or return to their communities,
generating employment and enlarging a local tax to help the local
government.

Let us explore at the sample field of interest and the entrepreneurial


venture associated with Entrepreneurship as a Career

Job Opportunities
Entrepreneurship can somehow help the Philippine economy to uplift its
performance in terms of providing job opportunities. It is a reality that the
industries and institutions could not accommodate the growing employable
people. Most still receive the minimum wages that barely support the needs of
five family members, which measures the community's buying capacity.

What are the different careers in Entrepreneurship?


A career in entrepreneurship can be made in virtually any field,
depending on your interests. Since entrepreneurs can exist in any economic
sector, there is a vast and almost never-ending list of paths to choose from.

Entrepreneurial Job Opportunity


1. Online retail consigner
§ If you have a camera, a computer or a smartphone, and a real fashion,
you can incorporate them and start your own online business. Start by

5
gathering all the old clothes you have hoarded over the years and no
longer wear and take professional pictures of them.
§ You could either post your items on Facebook or create your store
through Lazada or Shopee. The earning opportunities with this type of
business venture are endless, and best of all, you do not have to limit
yourself to just clothes. You could also sell children’s accessories, garden
equipment, golds, perfumes, fruits, vegetables, seafood, meats, frozen
foods, and much more.
2. Editor
§ All you need is a computer and skills in communication. You can accept
different research papers or books where you can provide editorial
services.
3. Graphic designer
§ If you are creative, have a computer, and have the know-how to use
design software, freelance graphic design can be an excellent way to
make a living. Digital businesses are on the rise, and with that comes a
higher demand for logos, website design, and other marketing materials.
4. Photographer
§ Photography is something that many people regard as their hobby, but
in fact, it can become a career by setting up a Photo Shop. If you have
a camera and your friends often ask you to take pictures at their events,
you likely have what it takes to turn your hobby into your career.
5. Farmer
§ Agricultural businesses such as rice, fruits, and vegetable growers are
also a popular business set up wherein those who can provide the needs
of the people through selling their products from the farm to sustain the
economy. Wherein the entrepreneur can earn a profit and become an
innovator by using modern farming technology could be an
entrepreneurial venture in the country's economic development.
6. Manufacturer of cashew products or seafood products
§ Those engaged in producing products from cashews such as roasted,
brittle, honey glazed or sugar-coated nuts, and cashew nut butter and
seafood products such as fish into fish balls, squid into squid balls, tuna
into flakes in a can, seaweeds into gelatin, and many more wherein
creativity and innovation is necessary to create a product that the
market will love to taste.
7. Animal lover
§ Those who love to care for a pet, such as dogs, fish in the aquarium, love
birds, rabbits, and Chinese chicken wherein they can also sell
accessories, vitamins, foods for the pet, and other essential needs of the
pet can start a pet store business or Pet Shop.

6
8. Beautician
§ A person who establishes barbershops, spas, salons, parlors, and
massage provides essential pampering and is an important part of self-
care.
9. Caterer and Baker
§ A person or company that provides food and drink at a gathering.
Those individuals who love to bake cakes, cookies, cook different dishes,
and mixed flavored beverages in an event can generate a profit out of
their talents and skills in line with it, including designing and decorating
a venue.
10. Dressmaker and Tailor
§ Another avenue for creating a dress shop, tailoring shop, and fabric
stores wherein the talents and skills can turn into a living. At the same
time, they can supply ready-to-wear to merchandising businesses or
boutiques.

These are just a few of the job opportunities an entrepreneur can


become as a career choice. There are so many fields of expertise that can
turn into a business, which is why senior high school students discover, explore,
and start making ideas to research, develop, and create a business plan for
their future.

Entrepreneurial Traits
Try looking around, and you would find certain entrepreneurs doing
exceedingly well. The question is, what does it take to be a successful
entrepreneur? Entrepreneurial traits or competencies are a mixture of skills,
knowledge, and personality of a person. Successful entrepreneurs have more
than a few traits in common.

Common traits of successful entrepreneurs are as follows:


• Risk Taker. Successful entrepreneurs have risk tolerance. They are willing
to do things that involve danger to achieve the goal.
• Innovative. Entrepreneurs think differently from anyone else. They can
create innovative products according to changing demands of the
market.
• Creativity. An entrepreneur can develop new ideas and discover new
ways of looking at problems and opportunities.
• Problem-Solving Skills. Successful entrepreneurs take a problem as a
challenge and find the most appropriate solution for the same.

7
• Self-confidence. Entrepreneurs have confidence in themselves and their
businesses. They believe in their ability and ideas even they face
rejection along their way.
• Optimistic. Successful entrepreneurs are always showing hope for the
future.
• Planner. Entrepreneurs develop a future course of action, keeping in
mind the goals to be realized. They believe that developing a realistic
plan can ensure proper execution for attaining their goals.
• With clear vision. Successful Entrepreneurs have a clear vision of what
their business will be. They can create a big picture of the purpose, goals,
and market position of the business. They can do strategic planning.
• Patience. Successful entrepreneurs believed that they could change
the world. There is an excitement and belief in what they are doing that
gets them through the hard times.
• Resilience. No matter how successful the business is, there will be bumps
along the road. A successful entrepreneur is resilient and can bounce
back from a setback. They understand that failure is part of the game.
• Agility. Entrepreneurs can treat every problem they encounter, and they
address it without taking too long. They remain proactive and vigilant,
preventing small problems from becoming major ones.
• Passion. Entrepreneurs work hard for their business, and they put their
long hours doing a job that they love to do. It drives them to keep
working to achieve their vision.
• Flexibility. They can adapt to change and solve problems as they arise.
They are receptive to other people’s needs, opinions, and ideas and
being open-minded to feedback from the others.

8
What I Can Do

Activity 1: Essay
Directions: Answer the question below in a complete paragraph containing
at least 50 words.

Question: Are you planning on becoming an entrepreneur? State and


explain your reasons.
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________

Criteria for Assessing the Responses/Answers


CRITERIA VGE GE SE LE N
The answer demonstrates an understanding of the question
The answer discusses the relevance of entrepreneurship
subject in senior high school
The choice of words is appropriate
The answer is coherent and cohesive. Transition and
cohesive devices are used for smooth flow of ideas
The answer is free from grammatical errors.
TOTAL
OVERALL SCORE ______/25
Legend: VGE: To a very great extent SE: To some extent N: Not at all
GE: To a great extent LE: To a little extent
Rating: VGE: 25-22; SE: 21-18; SE: 17-14; LE: 13-10; N-9

Activity 2: Entrepreneurship Puzzle

Direction: Find and encircle the following


entrepreneurial traits in the word puzzle:

1. INNOVATIVE
2. RISKTAKER
3. RESILIENCE
4. PATIENCE
5. PLANNER

9
What’s Mor e
Activity 3: Entrepreneurship Word Cloud
Directions: Using the words taken from the word cloud, define Entrepreneurship
and Entrepreneur.
1. Entrepreneur:
_________________________________
_________________________________
_________________________________
_________________________________

2. Entrepreneurship:
_________________________________
_________________________________
_________________________________
_________________________________

Rubrics in Rating Activity 3 and 4


Score Standards
3 The learner provided an excellent definition of the word.
2 The learner provided somewhat correct definition of the word.
1 The learner provided an incorrect definition of the word.

Activity 4: Enumerate and Explain


Directions: List down at least three possible job opportunities an
entrepreneurship career has and provide a short discussion of them.

Job Opportunities Discussions


1.
2.
3.

Rubrics in Rating Activity 4


Score Standards
3 Properly identified the Job Opportunities and discusses it thoroughly.
2 Identified the Job Opportunity and discusses it fairly.
1 Identified the Job Opportunity and provided no discussions.

10
What I Have Lear ned
It is just the right time for you to think back, reflect, and focus on the
essential points of the lesson that you enjoyed, found helpful, and would like to
work on further.
Activity 5: Graphic Organizer
Directions: Use the graphic organizer below to show/illustrate what you have
learned from the lesson.

Rubrics for Rating Activity 3


Points Remarks Descriptions
The work is of excellent quality, and it shows that the
5 Excellent learner has a complete understanding of what should be
done.
4 Very Good The work is of high quality, and it was presented very well.
The work is developed satisfactorily, and the learners
3 Good
complied with basic requirements, and it was accepted.
The work is below the acceptable average, and the
2 Fair concept of work done is confused or vague. The learner
has a poor understanding of what must be done.
Almost none of the basic requirements were appropriately
1 Poor
done. The work is disorganized and hard to understand.

11
Assessment

Directions: Read each item carefully and write your answer on a separate
sheet of paper.

1. Through Entrepreneurship subject, Senior High School students will be able


to gain knowledge on all of the following, EXCEPT:
a. Apply basic marketing strategy
b. Become better employees
c. Convert threats into opportunities
d. Evaluate the feasibility of ideas

2. This entrepreneurial job opportunity provides editorial services to publishing


companies or to students to help them polish their research papers or
books.
a. Management Analyst c. Editor
b. Small entrepreneurial manager d. Teacher

3. Which entrepreneurial job opportunity is for an individual who can use a


hobby of taking photos in an event into a business?
a. Research and Development c. Recruiter
b. Teacher d. Photographer

4. This entrepreneurial job opportunity pertains to managing the agricultural


business into the economic development of the country.
a. Research and Development c. Farmer
b. Small entrepreneurial manager d. Teacher

5. Which of the following entrepreneurial traits refers to the ability to develop


new ideas and to discover new ways of looking at problems and
opportunities?
a. Creativity c. Patience
b. Passion d. Resilience

6. Entrepreneurs must remain proactive and vigilant, preventing small


problems from becoming major ones. This entrepreneurial trait refers to
what?

12
a. Creativity c. Patience
b. Agility d. Resilience

7. Entrepreneurship is useful to students as it helps them change their personal


and career attitudes that include all of the following, EXCEPT:
a. Creativity c. Self-actualization
b. Future d. Problem-solving

8. Successful entrepreneurs have a risk tolerance and are willing to do things


that involve danger to achieve the goal. Which entrepreneurial trait is it?
a. Risk-taker c. Patience
b. Agility d. Optimistic

9. When an entrepreneur develops a future course of action, keeping in mind


the goals to be realized, he is exhibiting which entrepreneurial trait?
a. Planner c. Patience
b. Agility d. Optimistic

10. It refers to a person who creates a business, an innovator, a source of new


ideas, goods, services, and business.
a. Aptitude c. Entrepreneur
b. Employee d. Entrepreneurship

11. Which of the following best defines Entrepreneurship?


a. The capacity and willingness to develop, organize and manage a
business venture along with any of its risks
b. It is the process of creating a business opportunity
c. Process of creating or seizing an idea and pursuing it regardless of the
resources currently controlled
d. The creative process of generating, developing, and communicating
new ideas.

12. One of the following is NOT a possible job opportunity if you engage in an
entrepreneurship career. Which one is the exception?
a. Farmer c. Dressmaker
b. Photographer d. Accountant

13. Which of the following is NOT an entrepreneurial trait and behavior?


a. Risk taker c. Problem-solving skills
b. Language and grammar skills d. Innovative

13
14. Which of the following is NOT a characteristic of an entrepreneur?
a. Risk taker c. Lazy
b. Innovative d. Creative

15. It refers to a person who manages the production of bread, cakes, and
pastries.
a. Salesperson c. Baker
b. Business advisor d. Business reporter

14
15
What I Know Activity 2: Entrepreneurship puzzle Activity 3: Assessment
Entrepreneurship 1. B
1. A
Word Cloud 2. C
2. C
The answer for this 3. D
3. D
activity may vary 4. C
4. D
but must be taken 5. A
5. C
from the word 6. D
6. A
cloud 7. B
7. A
1. Entrepreneursh 8. A
8. A
ip - process of 9. A
9. A
designing, 10. C
10. B
launching, 11. A
11. A
Activity 1, 4 and 5 and running a 12. D
12. B
The answer of the students may new business 13. B
13. C
come in different ways. Please which is often 14. C
14. A
initially a small 15. C
15. A rerfer to the rubrics
business
2. Entrepreneur -
Answer Key
Refer ences

Adam Hayes, Entrepreneur. Updated February 26, 2021. Accessed on August


10, 2021:
https://www.investopedia.com/terms/e/entrepreneur.asp#:~:text=An%
20entrepreneur%20is20an%20individual,%2C%20business%2For%20proce
dures
Agustin-Acierto, Marife. Entrepreneurship Kto12 Basic Education Curriculum
Senior High School Applied Track Subject. (Philippines: Unlimited Books
Library Services & Publishing Inc.,2017), 1-9,31-39
Edralin, Divina M. Entrepreneurship. Philippines: Vibal Group, Inc, 2016.
Education.com, Accessed June 21, 2020:
https://www.education.com/worksheet-generator
Escareal-Go, Chiqui and Goh Josiah. Entrepreneurship: Starting an Enterprise.
Have an innovative mindset. Philippines: Josiah and Carolina Go
Foundation, Inc, 2018.
De Guzman, Angeles A. Entrepreneurship For Senior High School, Applied
Subject, ABM Strand. (Philippines: Lorimar Publishing Inc., 2018), 1-15
(ILO), International Labour Organization. Generate your Business Idea.
Switzerland: International Labour Office, Enterprise Department-Geneva
ILO, 2015.
Macatangay, Leah Alvino. Entrepreneurship. Philippines: SalesianaBooks By
Don Bosco Press, Inc, 2015.
Murray Newlands, Accessed on August 9, 2021:
https://www.entrepreneur.com/article/300789
Newberry, Christina. “How to Find and Target Your Social Media Audience”
Last Modified July 8, 2020. https://blog.hootsuite.com/target-market/
Onlinebusiness.northeastern.edu, Accessed on August 10, 2021:
https://onlinebusiness.northeastern.edu/master-of-business-
administration-mba/careers/entrepreneur-or-employee
Stelr.org.au, Accessed June 20, 2020: https://stelr.org.au/wp-
content/uploads/2018/07/Entrepreneur-Workbook.pdf
Worditout.com, Accessed Jun2 21, 2020: https://worditout.com.word

16
For inquiries or feedback, please write or call:

Department of Education – SDO Palawan

Curriculum Implementation Division Office


2nd Floor DepED Palawan Building
Telephone no. (048) 433-3292

Learning Resources Management Section


LRMS Building, PEO Compound
Telephone No. (048) 434-0099

17

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