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Entrepreneur

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Deepen

Activity 1:
Direction: Form a group of 4 and conceptualize for a play or a skit. Show how a company use the 4M’s in their
business operation. The rubric will be used in assessing your performance.

COMPANY SKIT
FRIEND 1: Hey! You know that I am starting my own business right,
Do you have any idea about what to consider to effectively manage
my business?
FRIEND 2: Of course, in this case when you are in a business field,
you should always consider the 4Ms.
FRIEND 1: 4Ms? What is that?
FRIEND 2: The 4Ms refer to the four types of causes that may
create problems in a production process: Man, Machine, Method
and Materials.
FRIEND 2: Why is it important?
FRIEND 1: This is used to make product design and quality defect
prevention to identify potential factors on cause and overall effect.
In manufacturing industries this method was used to apply on
production control, improvement, overall efficiency measurement,
processes, and design. It will really be a great help to improve the
operational excellence of a business.
FRIEND 1: Is that so? Now I get it, Thank you for that information, I
will surely consider that to effectively manage my business.
FRIEND 2: WELCOME!

Activity 2
Direction: Find the Words which are listed below.
MACHINE PRICE PROCESS
MATERIALS QUALITY INPUT
METHOD DELIVERY OUTPUT
MANPOWER OPERATION PURCHASE

Activity 2
Direction: Answer the following what is being asked. Write all answers in a
separate sheet of paper.
1. Based on what you have read about the 4M’s of operations. List down on
your separate sheet of paper the Steps in analyzing the METHOD.(in
order). Then choose one and explain.

In analyzing this method, an entrepreneur must do these steps:


1. Identify the operation to analyzed.
2. Gather all relevant information about the operation, including tools, materials, and procedures.
3. Talk to employees who use the operation or have used similar operations. They may have suggestion for
improving it.
4. Chart the operation, whether you are analyzing an existing operation or a new operation.
5. Evaluate each step in the existing operation or proposed new operation.2. What are the ways to look for the
right employee for the business operation, Write the following kind of staff one should have. Then choose two
ways and explain.
-Identify the operation to analyzed, this is the first step in Method analysis. Of course you need to know what
kind of operation you are trying to analyze, what kind of business is it?, knowing this will make it more easier
to set your goal to a certain operation. After determining the first step, everything will follow in good flow.
Skipping this step will result to conflict, because not all kind of operation has the same tool, material or even
the process.
2. What are the ways to look for the right employee for the business operation, Write the following kind of
staff one should have. Then choose two ways and explain.
To look for the right employee for the business operation, the following
are the kind of staff one should have:
1. Skilled
2. Well qualified and well verse in business
3. Responsible
4. Dedicated and committed to work
5. Honest and with integrity
6. Able to attain targets and set goals
7. Not indulge in wasteful expenditure
8. Loyal
9. Team player
-Skilled, of course, in any job, one of the things an employer is considering in hiring the one who fits in the job
is to know if he/she has skills on that field. You can’t just choose someone who doesn’t even know what to do
and how to do her job well. So someone who is skilled enough must be highly considered to efficiently to the
job correctly and achieve the operations goal.
- Able to attain targets and set goals, in any operations or job, there will always be targets and goals.
Someone who is able to attain both will really be an asset to the business or operations. In this kind of field,
this is serious, a job should be finish on time cause it may affect the whole operation, it is not the same as
when we are passing our projects when were are still a student. Someone who is like this will be a good stuff.
Explore
Enhancement Activity 1
Directions: Think of a product you want to offer to the market. Using the template below, write a detailed
description of the product or services. Use separate sheet of paper for your answer.

PRODUCT DESCRIPTION
Name of the Product JMeati Soap
Manufactured By JMeati Soap
Use of the Product JMeati Soap is non-ordinary soap.
It has a mixture of skin-safe
fragrance oil of rose petals to
soften the skin and gives off the
fragrant of the rose that is
pleasant to the nose that is long-
lasting.
Overview of the Product JMeati Soap is non-ordinary soap.
The mixture of the skin-safe
fragrance oil of rose petals gives
off a suiting smell that will make
us feel at peace, Alongside with
the fragrance, the soap will not
only rouse our inner peace but
will also leave our skin soft and
clean.
Ingredients, Construction  animal fat or
Components vegetable oil.

 100 percent
pure lye.

 distilled water.

 essential or
skin-safe fragrance
oils (Red petals)

 colorants

Price P450.00
Enhancement Activity 2
Directions: Gather different indigenous materials in your locality to use in prototyping. Create a product out of
the materials you gathered. Afterwards take a picture of your finished product in paste it below. Use separate
sheet of paper for your answer.
Assessment Activity 1:
Directions: Answer the following to the best of your knowledge. Use separate sheet of paper for your answer.
(Refer your answers in the above discussion).
1. What is the purpose and objectives of creating a product description?
The very purpose and objective of creating a product description in a certain product is to provide
information such as features and benefits to wide range of consumer to attract them and compelled
them to buy. It seeks to describe what product is it, and what are the benefits a buyer can get from
the product itself. Is it worth it?, mostly, they also include here the unique feature that the product has
that makes it different from other products.
2. Choose one effective way of writing a Product Descriptions and explain in your own understanding. You
may do it by giving an example.
Focus on the Product Benefits. After knowing the target market, Focus on the Product Benefits follows. In
consideration of this, this is one of the main focus of a buyer when it comes to choosing the best product that
suits her needs. The benefits given will give the buyer a huge interest to buy the product as it will help them
improve something that they want to make a change. For example, you intend to make a herbal soap, so in
the product description, you will include the benefit the buyer will get from the soap like it will help moisturize
your skin and will not harm it. The buyer seeks to look for a product who will greatly benefits him/her and not
only because of the feature itself.
Assessment 2
Directions: Answer the following questions to the best of your knowledge. Use separate sheet of paper for
your answer.
1. What is your basis in designing and creating your prototype in enhancement
activity 2?
I consider my field of interest.

2. How important prototyping in an industry? You may elucidate your answer


by giving a scenario or situation.
Prototyping is important as it will help simulates the real and the future product. By creating a prototype, you
can actually hold a version of your proposed product and determine what aspects do its job and which ones
need refining. For example, you intend to make a sensor that will detect the soil ‘s moisture content, making
it’s prototype will help you visualize the future or the final product, you will examine the prototype and
determine the thing or features that is needed to be changed and add some necessary materials to improve it.
Gauge
Deepen
Activity 1

Business/Product/Service Marketable Not marketable


1. Frozen food
2. Gardening essentials (e.g.
soil mix, pebbles, plants
3. Milk Tea
4. Whitening soap
5. Vitamin C
6. Imported Chocolates
7. Native delicacies (e.g.
tupig/suman/turon)
8. Pizza
9. Massage shop
10. Spa
11. Hair salon/ Barber shop
12. street food (e.g. fishball,
kikiam, proven, isaw, bbq)
13. Loading station
14. Convenience store
15. Internet provider
Directions: Consider the needs and wants of the people in your community. Decide whether the following
products are marketable or not. Check/tick the box of your answer.
Enrichment Activity 1
Directions: Pick one way to validate a product’s or a service’s marketability.
Explain how you would do it despite the physical interaction restrictions due to the pandemic.
1. Crowd-funding
2. When we say crowd-funding, it does not need to be in a crowd face-to -face, Nowadays, there are a lot
of sites or even ways to ask for fund without meeting them personally, you just have to prove your
credibility as a business owner to get their trust. As of now, we are in a pandemic, I will use online
platform to ask for their help, cash can also be send via Gcash, that’s ways even when we are amidst
the pandemic, crowd-funding can still be possible through online.
Gauge
A.
1. 6.
2. 7.
3. 8.
4. 9.
5. 10.
B. Directions: Complete the following sentences. Elaborate/explain your answers in not less than 3 sentences.
1. What is product or service description?
A product/service description is the marketing copy that explains what a product/service is and why it's worth
purchasing. In here, you are stating the features and the benefits that the product is going to offer. It is
important as it will help gain the interest of the buyer, does the product will suit their needs?, Is it convenient
to use?, Why is it different from other products?, Is it beneficial?.
1. Why is it important to validate a product’s or a service’s description?
Validating the product’s or a service’s description will help make sure that the content is accurate and enough
to gain interest from the buyers. It is like you are proofreading. Making sure to validate it is very essential to
know what to change and what to add before the final.
2. There are two common ways to validate the market of a certain product or service. Which of the two is
more reliable? Why?
Interview people in the target market, such as the buyers, this kind of approach for me is more reliable. You
were given a chance to talk to the buyer personally, you can also ask question and even suggestions. Unlike
the survey one, the data you will collect is more credible and deeper because they were given a chance to
answer without limitations. It is more factual.

$Module 4
Jumpstart
(Pre-Test/Activity)
1.
2.
3.
4.
5.
Activity 1
Direction: Think of the most beautiful name for your business then create an attractive logo that emphasizes
the name and product of your business.

Activity 2
Direction: As previously stated, every organization has its mission, vision and values. Using the table below as
a reference, create yours in a separate sheet. You must:
a. State your mission and vision in not less than two sentences each, and,
b. State at least 3 values that will embody your personal and business
perspective.

Asombrosa Soap
MISSION VISION VALUES
To serve every citizens with a well-made product A provider of high quality Honesty, Warmth, and
with the highest quality and most accessible soap production were Integrity
personal care in a cheaper and affordable price. citizens were handled with
With the simplest ingredients being used with time- care. Having a significant,
tested manufacturing processes, we are able to positive impact on the
meet the needs of the people. growth of the personal
care and household care
marketplace where safe
and environmental friendly
productions prevail.

Activity 3
Directions: In the graphical illustration below, fill in the needed information by placing the right step number
series, the type of certificate the agency will issue and your goal date when to obtain it.

Deepen
Activity 1 Organizational Structure
Directions: On a separate sheet, create your own organizational chart using the chart below. You may fix
pictures of members of your family, friends or even classmates having positions in your newly opened
business enterprise.
It really interest me seeing videos related to soap making, it feels so satisfying how they were able to make
their homemade soap with different design that adds to the cuteness of the soap. With different kinds of
colors being mixed, different color being combined together, with just your imagination, you could really make
something beautiful. As I have reflect on those, it interest me to make a business all about making a
homemade soap. I had consider having the vision of doing this kind of business is because it interest me and I
felt so motivated to achieve this soon. Nowadays, ingredients is at reach and convenient and this could also be
cheaper as it does not need a huge amount of …

Activity 1
Direction: If you are an owner of a business, write five (5) possible criteria or factors to consider in selecting
your potential supplier of your product using the graphic organizer. Briefly discuss each factors below. Use
another sheet of paper for your answer.

RELIABILITY

SUPPLIER’S STABILITY
CRITERIA
PRICE
DEVELOPING
LOCATION PARTNERSHIP

Discussion
PRICE, when it comes to finances, we must make sure to consider a supplier who is affordable yet can provide
a good quality product. RELIABILITY, our supplier must be someone we can rely on when it comes to producing
a high quality product. STABILITY, are the supplier stable enough financially?, we must consider conducting a
background check regarding the history of the supplier to avoid unnecessary problems. LOCATION, we must
also consider the location of the supplier, the closer the supplier, the easier to access and less loads to pay.
And lastly, DEVELOPING PARTNERSHIP, we must also develop a connection to the supplier, in that way, we can
assure the quality of the products.
Activity 2.
Direction: Read the statement carefully. Write X if the statement is true, and write Y if the statement is false.
Use another sheet for your answer.
1. 6.
2. 7.
3. 8
4. 9
5. 10.

Explore
Activity 1:
Direction: Read each item carefully. Choose the letter of the correct answer in the box and write it in a
separate sheet.
1. 6.
2. 7.
3. 8.
4. 9.
5. 10.
Activity 2.
Direction: Write the similarities and the differences of Supply Chain and Value Chain in a separate sheet of
paper.
1. Similarities:

Value chain management (VCM) and supply chain management (SCM) are both related to the processes
involved in getting goods from initial conception, purchasing all necessary raw materials and
subassemblies and through all steps of manufacturing and ultimately, shipped, delivered or otherwise sold
to consumers.
2. Differences:

While a supply chain involves all parties in fulfilling a customer request and leading to customer
satisfaction, a value chain is a set of interrelated activities a company uses to create a competitive
advantage.
MODULE 6
Explore
ENRICHMENT ACTIVITIES
Activity 1
From the given Business Model Canvass below, DESIGN AND DESCRIBE your own business idea that will fit and
meet the market. Make sure to be a detailed as possible to grasp full understanding of what you need to do,
obtain and develop to turn your idea into a profitable business. Make sure you write down is relevant and
appropriate. Complete the Business Model for your business to be.

Deepen
Direction:
Answer the following questions:
1. What value proposition will you offer to which customer groups?
(Qualitative or Quantitative)
I will offer the Quantitative type of value proposition, this will be very efficient and convenient as it offers a
value improvements in speed of service, pricing innovations, adding new features and functions. These are the
things that could be measured. These value proposition focus on getting the job done, price competitiveness,
cost reductions and convenience.
2.Which channels do you need to establish to gain attention, market access and co-creative capacity with
stakeholders? (Company-owned Channels (store fronts), Partner-Channels (Distributors)
I am planning to establish a Partner-Channels (Distributor)
3.What types of customer relationships are necessary to build long-lasting customer loyalty from your end
users? (Personal, Assistance, Dedicated, Personal Assistance, Self-Service, Automated, Communities, Co-
creation)
To be able to build a long-lasting customer loyalty from your end users , you need to consider that it is
dedicated, personal assistance, self-service, automated and communities.
4.What will do yourselves or under your direct management and what will you do in cooperation or outsource
to 3rd parties? Why?
Simply put, outsourcing is the process of using third-party service providers to handle certain business
functions. At one time, outsourcing services were limited to large, multinational corporations. But today
businesses of all sizes can realize the benefits of outsourcing .
5.Which companies would you like to or need to partner up with? What will be their role and contribution and
what will be yours?
I would like to partner up with a company that is reliable enough and honest too to avoid conflicts, they
will be a great help in supporting us with our finances as we will also guide and manage the company and
the partnership.
Jumpstart
Activity 1
Based from your experienced last year, have you tried recording the amount of money you spend from your
daily allowances or even today despite of the pandemic? You might be experiencing difficulties in making your
allowance meet your daily needs as student. Let you discover how good you are in monitoring your own
expenses and how you manage the resources that you have Kindly fill in the information below to come up
with a breakdown of your daily allowance last year or this present year.

ENRICHMENT ACTIVITIES
Activity 1
Direction: Based on our examples given above of FAUNA AND FLORA GARDENS, Answer the following
question.

Module 7

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