1 and 2 - Q1 Entrep
1 and 2 - Q1 Entrep
1 and 2 - Q1 Entrep
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ENTREPRENEURSHIP
Quarter 1 – Module 1
Overview of Entrepreneurship
ps://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.123rf.com%2Fclipart-vector%2Fentrepreneurs.html&psig=AOvVaw1SCDVOY1GES5pDw14xp-
Is&ust=1595137862260000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCLjglY-L1uoCFQAAAAAdAAAAABAJ
Grissil P. Babon
Compiler / Contextualizer
1
Entrepreneurship – Grade 11
Quarter 1 – Module 1: Overview of Entrepreneurship
First Edition, 2020
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.
This module was collaboratively designed, developed and reviewed by educators both
from public and private institutions to assist you, the teacher or facilitator in helping
the learners meet the standards set by the K to 12 Curriculum while overcoming
their personal, social, and economic constraints in schooling.
This learning resource hopes to engage the learners into guided and independent
learning activities at their own pace and time. Furthermore, this also aims to help
learners acquire the needed 21st century skills while taking into consideration their
needs and circumstances.
In addition to the material in the main text, you will also see this box in the body of
the module:
As a facilitator, you are expected to orient the learners on how to use this module.
You also need to keep track of the learners' progress while allowing them to manage
their own learning. Furthermore, you are expected to encourage and assist the
learners as they do the tasks included in the module.
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For the learner:
This module was designed to provide you with fun and meaningful opportunities for
guided and independent learning at your own pace and time. You will be enabled to
process the contents of the learning resource while being an active learner.
What I Need to Know This will give you an idea of the skills or
competencies you are expected to learn in the
module.
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Answer Key This contains answers to all activities in the
module.
1. Use the module with care. Do not put unnecessary mark/s on any part of the
module. Use a separate sheet of paper in answering the exercises.
2. Don’t forget to answer What I Know before moving on to the other activities
included in the module.
3. Read the instruction carefully before doing each task.
4. Observe honesty and integrity in doing the tasks and checking your answers.
5. Finish the task at hand before proceeding to the next.
6. Return this module to your teacher/facilitator once you are through with it.
If you encounter any difficulty in answering the tasks in this module, do not
hesitate to consult your teacher or facilitator. Always bear in mind that you are
not alone.
We hope that through this material, you will experience meaningful learning and
gain deep understanding of the relevant competencies. You can do it!
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First Quarter, Module 1, Week 1
Overview of Entrepreneurship
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What I Know
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Lesson
Introduction to
1 Entrepreneurship
What’s In
ACTIVITY 1.1.
Instruction: Analyze the infographic and answer the questions below.
Questions:
entrepreneurship?
ttps://www.google.com/url?sa=i&url=https%3A%2F%2Fvisual.ly%2Ftag%2Fentrepreneurship&psig=AOvVaw1sRw4fqqMpOCQVzdyBI5Ck&ust=159461185
8435000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCMjfq83jxuoCFQAAAAAdAAAAABAV
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What’s New
ACTIVITY 1.2.
Instruction: In the quotations of the famous entrepreneurs lie the clues of the
businesses they started. Choose the answer from the box below.
____________ 1. “I started with shoes, and hard work and discipline, the
business prospered. “– Henry Sy, Sr.
Clues: shoe business and malls
____________ 2. “If you dream big and put your dreams into action you
will indefinitely make mistake. But don’t be scared to make mistakes. Just be
quick to recognize them and learn from them as fast as you can.” – Tony Tan
Caktiong.
Clues: ice cream and fast food
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What is It
Entrepreneurship Defined
Entrepreneurship is the process of designing, launching and running a new
business, which is often initially a small business, or as the "capacity and willingness
to develop, organize and manage a business venture along with any of its risks to
make a profit. The people who create these businesses are often referred to as
entrepreneurs. While definitions of entrepreneurship typically focus on the launching
and running of businesses, due to the high risks involved in launching a start-up, a
significant proportion of start-up businesses have to close due to "lack of funding,
bad business decisions, an economic crisis, lack of market demand, or a combination
of all of these.
Benefits of entrepreneurship
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What’s More
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What I Can Do
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Additional Activities
Instruction: Read the profile of Mr. Kenneth Cobonpue, a rattan’s first virtuoso
and be inspired.
Kenneth returned home to Cebu in 1996 to manage Interior Crafts of the Islands, Inc., a
furniture design and manufacturing company founded by his mother Betty Cobonpue in
1972. Discovering that modern design could have a new face using natural fibers and
materials, Kenneth created pieces of functional art, offering an alternative to the Western
definition of modern design. Today, the KENNETHCOBONPUE® brand has become known
globally for its unique designs and extensive roster of clientele, including Hollywood
celebrities and members of royalty.
With his masterful way of integrating nature, traditional craft and innovative technologies,
designer and creative director Kenneth Cobonpue has earned international awards and
recognition for his creative, organic, and expressive pieces. Working closely with some of the
world’s leading designers, from household names to emerging talents, Kenneth has been
pushing the envelope for design in the Philippines and sharing his vision to a global audience.
Awards to his credit include five (5) Japan Good Design Awards, the grand prize at Singapore
International Design Competition, the Design for Asia Award of Hong Kong, the American
Society of Interior Design Top Pick selection and the French Coup de Coeur award. Several
of his designs were selected for several editions of the International Design Yearbook
published in London and New York. Phaidon’s book entitled “& FORK” underscores
Kenneth’s position as a leader of a new movement incorporating new technologies with
crafts. In 2007, TIME magazine called him “rattan’s first virtuoso.” Kenneth was named the
Designer of the Year in the first edition of Maison et Objet Asia held in March 2014 in
Singapore.
Kenneth reveals new work each year in design shows from Milan to New York, and he
speaks regularly about design all over the world. He has also appeared in European
television and in countless international magazines and newspapers around the world.
Various Cobonpue designs have also appeared in full-length feature films and television,
such as Oceans 13 and CSI.
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Lesson Key Competencies in
2 Entrepreneurship
In today’s fast-moving world, the entrepreneur must possess the necessary
competencies needed to conform to the standard of the dynamic and ever-changing
nature of the business industry.
What’s In
ACTIVITY 2.1.
Instruction: Define the following terms:
1. Entrepreneurship -
___________________________________________________________________________
___________________________________________________________________________
2. Entrepreneur –
___________________________________________________________________________
___________________________________________________________________________
What’s New
Instruction: Place a check mark before a number if you already acquired the
following competencies.
_____ 1. Opportunity Seeking
_____ 2. Persistence
_____ 3. Commitment to work-
contract
_____ 4. Demand Efficiency and
Quality
_____ 5. Risk Taking
_____ 6. Goal Setting
_____ 7. Information Seeking
_____ 8. Systematic Planning and
Monitoring
_____ 9. Persuasion and
Networking
_____ 10. Self Confidence
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What Is It
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Here are the core traits that entrepreneurs should develop in managing and
running the business:
1. Leaders. Successful entrepreneurs always have the heart of a leader. To be
successful leaders, they must be a source of inspiration for their employees.
2. Communicators. Entrepreneurs know how to use all forms of communication
to effectively share ideas and address certain concerns with their customers
or employees. Effective communication not only provides people with a clear
view of what business offers; they also help prevent mishaps in an
organization.
3. Specialists. Entrepreneurs are experts in their chose business. They are
tactical and are very keen with details.
4. Problem solvers. Entrepreneurs possess critical thinking skills and look at
problems as challenges or puzzles that they need to solve. They know how to
handle issues in any area of the business, be it finance, operations, or
marketing.
What’s More
https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.slideshare.net%2FLovellMenezes%2Fclass-12-entrepreneurship-textbook-
cbse&psig=AOvVaw1de5MHSmHurM2PMKES9h4B&ust=1594775648530000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCLCnwd7Fy-
oCFQAAAAAdAAAAABAY
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What I Have Learned
What I Can Do
Additional Activities
Instruction: Interview any member of the family. Let her or him
identify the following:
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Assessment
Multiple Choice. Choose the letter of the best answer. Write the chosen letter on a
separate sheet of paper.
1. Which is NOT the basic benefits of entrepreneurship?
A. It increases social conflicts and political unrest.
B. It controls the local wealth and balances regional development.
C. It produces more jobs that equate to an increase in national income.
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10. An entrepreneur is someone who assumes the major risks of a new business
by committing which of the following:
A. Career
B. Time
C. Both a and b
11. Entrepreneurs work until a job is done. They are determined to overcome
problems.
A. Persistent
B. Responsible
C. Creative
12. Entrepreneurs are constantly looking for new ways to solve problems.
A. Creative
B. Responsible
C. Goal Oriented
13. An entrepreneur is accountable for his/her actions and does what is required.
A. Responsible
B. Goal Oriented
C. Independent
14. People who own, run, and take risk of business endeavor.
A. Entrepreneurship
B. Entrepreneur
C. Competency
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Activity 1.4
2. Entrepreneurship
produces more jobs that equate
to an increase in national
income.
Entrepreneurship amplifies
economic activities of different
sectors of society.
Entrepreneurship introduces
new and innovative products and
services.
Activity 1.4.
Entrepreneurship improves
1. Entrepreneurship
people’s living standards.
is the process of
designing,
Entrepreneurship disperses the
launching and
economic power and creates
running a new
equality. business, which is
often initially a
Entrepreneurship controls the
small business, or
local wealth and balances as the "capacity
regional development. and willingness to
develop, organize
Entrepreneurship reduces social and manage a
conflicts and political unrest. business venture
along with any of
Activity 1.5. Entrepreneurship elicits its risks to make a
economic independence and profit.
Based on the student’s capital formation.
perspective
Activity 1.3 Activity 1.2. Activity 1.1.
1. Money, flexibility, 1. Shoe Mart 1. Capital requirement,
control, teamwork and 2. Jollibee profit, target market
legacy 3. National bookstore and location
2. Based on the student’s 4. Bench 2. Income, new product
perspective 5. Fortune 3. Overview of
entrepreneurship
Module 1. Answer Key
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Additional Activities Activity 2.5. Activity 2.4.
1. A competency is the
Based on the student’s Based on the student’s mixture of knowledge,
perspective perspective skills, and attitude
required to perform the
entrepreneurial
functions to attain the
organizational success.
2. Core competency is the
ability for you to be
competitive in the
entrepreneurial world.
Common competency is
the one that describes
the KAS (knowledge,
skills, and attitude)
present in all
entrepreneur.
Activity 2.3. Activity 2.2. Activity 2.1.
Eagerness 1. Entrepreneurship is the
Power Based on the student’s process of designing,
Empower perspective launching and running
Creative a new business, which
Innovative is often initially a small
Responsibility business, or as the
Perseverance "capacity and
willingness to develop,
organize and manage a
business venture along
with any of its risks to
make a profit
2. Entrepreneur is the
people who create these
businesses.
References
https://www.slideshare.net/azeous10/introduction-to-entrepreneurship-
195462876
https://www.franchisemarket.ph/blog/10-business-trends-philippines
http://www.kennethcobonpue.com/profile/
https://study.com/academy/practice/quiz-worksheet-role-of-entrepreneurship-in-
the-conomy.html
https://www.google.com/url?sa=i&url=https%3A%2F%2Fvulcanpost.com%2F6322
64%2Fkenneth-cobonpue-furniture-filipino%2F&psig=AOvVaw2maz_ZO5pSL-
io9KFxJThV&ust=1595048824758000&source=images&cd=vfe&ved=0CAIQjRxqFw
oTCJi87LS_0-oCFQAAAAAdAAAAABAM
https://www.google.com/url?sa=i&url=https%3A%2F%2Fnuvomagazine.com%2Fm
agazine%2Fsummer-2014%2Fkenneth-cobonpue&psig=AOvVaw2maz_ZO5pSL-
io9KFxJThV&ust=1595048824758000&source=images&cd=vfe&ved=0CAIQjRxqFw
oTCJi87LS_0-oCFQAAAAAdAAAAABAR
https://quizizz.com/admin/quiz/5874cd1bccb8d4e269eb295f/traits-of-
successful-entrepreneurs
BPI-SHAPE Entrepreneurship Resource Book
22
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Senior High School
ENTREPRENEURSHIP
Quarter 1 – Module 2
Career Opportunities
Grissil P. Babon
Compiler / Contextualizer
23
First Quarter, Module 2, Week 2
Career Opportunities
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What I Know
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What’s In
GUESS WHAT?
Instruction: Identify the type of business and answer the questions below.
What’s New
LET’S CLASSIFY!
Instruction: Familiarize the businesses in your neighborhood and use the table
below in classifying them according to the types of business.
TYPES OF BUSINESS
Hybrid
Service (Combination
(Intangible Merchandise Manufacturing either one or
products) (retail) (production) more)
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What Is It
2. Merchandising Business
This type of business buys at wholesale and later sells the products at retail. They
make a profit by selling the merchandise or products at prices that are higher than
their purchase costs. This type of business is also known as "buy and sell".
This type of business buys raw materials and uses them in making a new product,
therefore combining raw materials, labor and expenses into a product for sale later
on.
Examples: shoe manufacturing businesses, car manufacturing plants
Additional information:
There are businesses that may be classified under more than one type of
business. A bakery, for example, combines raw materials in making loaves of bread
(manufacturing), sells hot pan de sal (merchandising), and caters customers’ orders
in small coffee table servings of ensaymada and hot coffee (service).
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Careers in Entrepreneurship
List of most common small businesses in the Philippines:
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What’s More
Instruction: Answer the question.
What are the businesses you think you will be profitable at?
What position would you like best and why?
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
What I Can Do
Eight Successful Filipino Entrepreneurs Who Started Small (2019)
1. Socorro Ramos (National Book Store)
2. Tony Tan Caktiong (Jollibee)
3. Edgar Sia (Mang Inasal)
4. Cresida Tueres (Greenwich Pizza)
5. Milagros, Clarita, and Doris Leelin (Goldilocks)
6. Joe Magsaysay (Potato Corner)
7. Asiang Reyes (The Aristocrat)
8. Araceli and Jun Manas (Hen Lin)
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Instruction: Answer the following questions:
Additional Activities
"In the Lab" With Chef Jazzi—A Recipe for Success and Safety
During the COVID Crisis
Matthew Hobson - April 6, 2020 - Posted In Entrepreneurship,
Leadership
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Around the world, young people are not just planning to create the
future they want. “I’m doing it now,” explains Jazzi Pridgen, a 15-
year-old high school student from Baltimore I met last summer. “I
just started a culinary business. I cook and sell food at basketball
games, at the barber shop, in the community.”
First of all, how are you and your community, how's your
business, and what are you doing during the COVID-19 crisis?
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What advice would you give a young person thinking of
starting their own business?
I want to expand my business to the fullest. One day, I’d like to own
a restaurant or work as a traveling chef.
What would you like to say to any future customers who might
read this?
I may be young, but I'm very reliable. I'm someone you can count on.
And when it comes to making your taste buds happy—you'll be more
than satisfied! Until then, stay positive, stay home, and stay safe.
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Assessment
A. Service
B. Merchandising
C. Manufacturing
D. Hybrid
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What I Have Learned
1. He is the owner of the
business, acquires distribution
centers through the franchisees
or the affiliated dealers.
2. Dealerships – an
establishment authorized to
buy and sell specific goods,
especially motor vehicles.
Distributorship – a franchise
granted by a manufacturer or
company to market its goods
especially at wholesale in a
particular area.
What’s New What’s In What I Can Do
Based on the student’s Service, Based on the student’s
perspective Service/Merchandise/ perspective
Hybrid
1. Selling
2. Tourism
What’s More
Based on the student’s
perspective
Module 2. Answer Key
References
https://www.google.com/url?sa=i&url=https%3A%2F%2Fwww.sheryna.ph%2FLog
o-Maker-Artist-for-Food-Cart-Business-Cebu-City-
667349&psig=AOvVaw1yF5P4NHmRnTiJbPeVOyuv&ust=1594790730509000&sou
rce=images&cd=vfe&ved=0CAIQjRxqFwoTCOCX4Pz9y-oCFQAAAAAdAAAAABAD
https://www.google.com/url?sa=i&url=http%3A%2F%2Fdir.coolclips.com%2FHous
ehold%2FCleaning_Materials%2FLaundry_Room_and_Equipment%2FLarge_Applia
nces%2FWashing_Machines%2Fperson_doing_the_laundry_vc014902.html&psig=A
OvVaw0KwV6jjJd4vRKvPdevvYyh&ust=1594791008913000&source=images&cd=vf
e&ved=0CAIQjRxqFwoTCNj0mYL_y-oCFQAAAAAdAAAAABAK
https://www.google.com/url?sa=i&url=https%3A%2F%2Ffavpng.com%2Fpng_view
%2Fbread-bakery-clip-art-baking-bread-
png%2FP0WEXnKx&psig=AOvVaw0odMoe7LahO9MaG-
s8sZan&ust=1594791159116000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCO
iCkMT_y-oCFQAAAAAdAAAAABAS
https://www.iyfnet.org/blog/topic/Entrepreneurship
https://www.slideshare.net/azeous10/introduction-to-entrepreneurship-
195462876
https://business.inquirer.net/273445/eight-successful-filipino-entrepreneurs-
who-started-small
BPI-SHAPE Entrepreneurship Resource Book
CHED and PNU Teaching Guide for Senior High School FUNDAMENTALS OF
ACCOUNTANCY, BUSINESS, AND MANAGEMENT 1
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