TLE M2 Entrep
TLE M2 Entrep
Entrepreneurship
Module 2: Quarter 1 – Week 2
Entrepreneurship
Grade 12 Module 2: Quarter 1 - Week 2
First Edition, 2020
Copyright © 2020
La Union Schools Division
Region I
All rights reserved. No part of this module may be reproduced in any form without
written permission from the copyright owners.
Management Team:
Entrepreneurship
Module 2: Quarter 1 - Week 2
Target
In your previous lesson, you are done with the relevance of the subject
entrepreneurship as a career. It contains the key concepts, underlying principles
and core competencies in entrepreneurship.
This learner module will familiarize you with the different entrepreneurial jobs
and will help you decide as to what career you will undertake.
Jumpstart
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Discover
Entrepreneurship Defined
Here are what the five experts in the subject entrepreneurship can say:
1. Cantillon defines enterprise as someone who takes risks to invest for labor,
materials, and sells products at uncertain prices.
2. Schumpeter views entrepreneur as someone who always makes
things/products in a new way may it be in terms of techniques, delivery,
market or the product itself.
3. Peter Drucker says that an entrepreneur always searches for change,
responds to it and exploits it as an opportunity.
4. Geoffrey Meredith (author of the Practice of Entrepreneurship):“
Entrepreneurs can see, evaluate, take advantage of every opportunity”.
5. Moreover, Adam Smith says that an entrepreneur is an investor or a
capitalist that manages both labor and consumer.
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9. Has Business Experience (Statement 12). An entrepreneur should have
extensive business experience to be successful. General management
experience is beneficial because an entrepreneur should know something
about all types of management.
10.Formal training and education in management also are helpful Is
Independent (Statements 5 & 9). Entrepreneurs like to be independent
and in control of situations. Many people who become self- employed
consider the opportunity to be their own boss as one of the major benefits
of self- employment. Although being independent may not be a major
concern for you, it is certainly an aspect of self-employment that you need
to feel comfortable with. If you cannot afford to hire other employees when
you begin your business, you may at first be lonely as a self-employed
person.
11.Has a Self-employed Parent as a Role Model (Statement 14). Research
has shown that entrepreneurs are more likely to have a parent who is self-
employed. A parent's inspiration and knowledge about operating a
business can contribute to an entrepreneur's success.
12.Has Self-confidence (Statements 10,15, and 18). An important
characteristic of entrepreneurs is self-confidence. This factor is
particularly important when you face major challenges and difficulties
with your business. You need to believe in yourself. Your belief will help
you overcome the problems that inevitably affect all self-employed persons
at some point in their careers.
13.Has Integrity (Statement 16). People often cite honesty and integrity as
characteristics of entrepreneurs. Customers do not want to deal with
business owners who are dishonest and unethical. You should feel positive
about your ethical treatment of people and be committed to conducting
your business with the utmost integrity.
14.Has Determination (Statement 17). One of the most important
characteristics of entrepreneurs is determination. This trait is closely
related to self-confidence. The more you believe in yourself, the more likely
you are to continue to struggle for success when faced with tremendous
obstacles. You need determination in order to overcome the problems that
beset every new venture.
15.Adapts to Change (Statement 13 and 19). A new business changes
rapidly, so an entrepreneur must be able to adapt to change. Two primary
skills are required for adaptation to change: the capacity to solve
problems, and the ability to make quick decisions. Another skill is the
ability to learn from your mistakes.
16.Has a Good Network of Professionals (Statement 20). An entrepreneur
has a good network of professionals. This network provides access to those
who can be consulted for advice, information, and referrals. You should
have an extensive network of professionals to whom you can turn for
assistance.
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Perhaps some of you are familiar with the famous entrepreneurs in the world.
To name a few, we have: Bill Gates, Oprah Winfrey, Walt Disney, J.K. Rowling, Steve
Jobs, John D. Rockefeller and many more. However, do you also have an idea of the
renowned entrepreneurs in the Philippines?
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3. I am willing to accept both financial and career risks when necessary.
4. I don't need all the fringe benefits provided by conventional employment.
5. I would like to take full responsibility for the successes and failures of my
business.
6. I would experience more financial success by operating my own business.
7. I feel a great deal of pride when I complete a project successfully.
8. I have a high energy level that can be maintained over a long time.
9. I enjoy controlling my own work assignments & making all decisions affecting
my work.
10. I believe that I am primarily responsible for my own successes and failures.
11. I have a strong desire to achieve positive results even when it requires a great
deal of additional effort.
12. I have a good understanding of how to manage a business.
13. I can function in ambiguous situations.
14. One or both of my parents were entrepreneurs.
15. I believe that my abilities and skills are greater than those of most of my
coworkers.
16. People trust me and consider me honest and reliable.
17. I always try to complete every project I start, regardless of obstacles and
difficulties.
18. I am willing to do something even when other people laugh or belittle me for
doing it.
19. I can make decisions quickly.
20. I have a good network of friends, professionals, and business acquaintances.
________ TOTAL (Total the numbers you placed before the statements and enter the
total in the space provided.)
Score Assessment
Explore
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In order to choose a career that will give your personal satisfaction, you must
spend some time thinking about what really interests you. This activity helps you
match your interests to different types of careers.
Direction: For each item, circle the letter of the activity you would rather do. It
doesn’t matter if you like both of them a lot or dislike both of them a lot; just pick
the one you would rather do, and circle that letter.
Career Evaluation:
Count the number of times you circled each letter and record each number in
the chart below.
A: D: G: J: M: P:
B: E: H: K: N: Q:
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C: F: I: L: O: R:
Now that you have the results from your career interest assessment, it’s time
to learn about specific career fields that match your interests. Write down the two
letters with the most responses. These are your top two areas of career interest. If
you have a tie, list three:
J. Human Services
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Interest in helping others with their mental, spiritual, social, physical or
career needs.
K. Government and Public Administration
Interest in performing government functions at the local, state or federal
level.
L. Architecture, Design and Construction
Interest in designing, planning, managing, building and maintaining
physical structures.
M. Education and Training
Interest in planning, managing and providing educational services,
including support services, library and information services.
N. Finance, Banking, Investments and Insurance
Interest in financial and investment planning and management, and
providing banking and insurance services.
O. Health Sciences, Care and Prevention
Interest in helping others by providing diagnostic, therapeutic,
informational and environmental services, including researching and
developing new health care services.
P. Information Technology (IT)
Interest in the design, development, support and management of
hardware, software, multimedia, systems integration services and
technical support.
Q. Animals, Agriculture and Natural Resources
Interest in activities involving the training, raising, feeding and caring for
animals.
R. Transportation, Distribution and Logistics
Interest in the movement of people, materials and goods by road, pipeline,
air, railroad or water.
Now that you know what career areas may interest you, explore some of the
careers that fall in those categories below. Do you see any occupations you want to
know more about? If so, those are the careers you might want to research as future
occupations.
Agriculture
Animals and Natural Resources, Agricultural Engineer, Agricultural
Scientist, Animal Trainer Chef Conservation, Scientist Farm Equipment
Mechanic, Fish and Game Warden, and Forester Veterinarian Zoologist
Architecture and Construction
Architect, Cabinetmaker, Carpenter, Construction Manager, Electrician,
Civil Engineer, General Construction Worker, Highway Maintenance Worker,
Interior Designer, Sheet Metal Worker Surveying and Mapping Technician
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Arts, A/V Technology and Communications
Actor, Art Director, Broadcast Technician, Camera Operator, Composer
and Music Arranger, Film and Video Editor, Cartographer, News Reporter,
Photographer, Producer and Director, Set and Exhibit Designer, Technical
Writer, and Graphic Designer
Business, Management and Administration
Accountant Advertising Manager Computer Operator Court Reporter
Management Analyst Meeting and Convention Planner Payroll Clerk Property
and Real Estate Manager Shipping and Receiving Clerk Statistician
Education and Training
Audio/Visual Specialist, Coach and Sports Instructor,
College/University Administrator, Teacher/Professor, Librarian, Public Health
Educator, Special Education Teacher, Speech Pathologist,
Finance
Accounting, Clerk Appraiser, Credit Analyst, Credit Checker,
Economist, Financial Counselor, Insurance Adjuster and Examiner,
Insurance Agent Loan
Officer, Tax Preparer,
Government and Public Administration
City Planning Aide Construction/Building Inspector, Interpreter and
Translator, License Clerk, and Occupational Health Specialist, and Tax
Examiner
Health Science
Anesthesiologist, Athletic Trainer, Chiropractor, Dentist, Emergency
Medical Technician, Physical Therapist, Occupational Therapist, Pharmacist,
Physician, and Registered Nurse
Hospitality and Tourism
Baggage Porter and Bellhop, Chef and Dinner Cook, Food Service
Worker, Hotel Manager Janitor/Housekeeper, Supervisor Reservation and
Ticket Agent, Restaurant Manager, Tour Guide, and Travel Agent
Human Services
Child Care Worker, Clergy, Cosmetologist, Counselor, Funeral Director,
Manicurist, Professional Makeup Artist, Financial Adviser, Psychologist,
Residential Counselor, and Social Worker
Information Technology (IT)
Computer/Information Systems, Manager, Computer Engineer,
Computer Programmer, Computer Security Specialist, Computer Support
Specialist, Computer Systems Analyst, Data Communications Analyst, and IT
Mechanic
Law Public Safety, Corrections and Security
Coroner, Corrections Officer, Court Clerk, Detective and Investigator,
Firefighter, Judge, Lawyer, Life Guard and Ski Patrolman, and Police Patrol
Officer
Manufacturing (Mechanical/Industrial)
Chemical Engineer, Forklift Operator, Gas and Oil Plant Operator,
Jeweler, Locksmith, Metal/Plastic Processing Worker, Office Machine
Repairer,
Power Plant Operator, Shoe and Leather Worker, and Welder
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Marketing, Sales and Services
Advertising Salesperson, Buyer and Purchasing Agent, Customer
Service Representative, Floral Designer, Market Research Analyst, Public
Relations Specialist, Real Estate Agent, Sales Manager, and Telemarketer
Science, Technology, Engineering and Mathematics
Aerospace Engineer, Biologist, Chemist, Electrical and Electronics
Engineer, Geographer, Petroleum Engineer, Mechanical Engineer,
Meteorologist, Physicist, and Safety Engineer
Transportation, Distribution and Logistics
Air Traffic Controller, Airplane Pilot, Automobile Mechanic, Flight
Attendant, Motorboat Mechanic, School Bus, Driver, Subway and Streetcar
Operator, Traffic Technician, and Transportation Agent
Source:https://www.ucango2.org/publications/student/Career_Interest_Survey.pdf
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Deepen
Activity #3: ENTREPRENEURIAL RESEARCH PROJECT
Entrepreneur Name:
How did this person measure whether they were successful or not?
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Rubrics:
POINTS Criteria
Completed all information on the Entrepreneur Research Summary
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Hand-out
20 Prepared for the presentation
The presentation content was clear, concise and gave a good
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understanding of the chosen career.
Demonstrated the ability to think critically, taking information from
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other sources to create something raw.
REFERENCES:
Books:
Media/Internet:
Basics of Entrepreneurship.Slideshare.net/divya235/basics-of-
entrepreneurship -38905051.September 10, 2014. LinkedIn Corporation c 2020.
Websites:
https://s3-us-west-2.amazonaws.com/oerfiles/WMBusiness/Entrepreneur-
SelfAssessment-Survey.pdf
https://www.managementstudyguide.com/social-entrepreneurship.htm
https://www.careerexplorer.com/careers/advertising-sales- agent/#:~:text=An
%20advertising%20sales%20agent%20sells,pressure%20to%20m eet%20sales
%20quotas.
https://www.investopedia.com/contributors/53661/
https://www.techopedia.com/definition/677/project-manager-pm
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http://www.themarketingsage.com/what-does-a-marketing-strategist-do/
https://www.clipartkey.com/mpngs/m/16-164494_career-clipart-find-a-
job-cartoon.png
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