Entrep-Module 6
Entrep-Module 6
Entrep-Module 6
Before we start with this module, answer the following questions below. Directions: Write True if the
statement is correct, otherwise write False if the statement is incorrect on the space provided below.
_TRUE__1. Output represents the final products from the production process and distributed to the
customers.
_FALSE_2. The 4M’s in the production operation are the materials, manpower, machine and money.
_TRUE__3. Manpower in production operation refers to the workers involved in the production of goods.
_TRUE__4. Product description is the marketing copy that explains what a product is and it’s benefits.
_TRUE__5. Prototype is a replica of a product.
_TRUE__6. Product to produce is one of the factors to be considered in the production method.
_TRUE__7. Educational qualifications and experience is one of the criteria in considering manpower.
_FALSE_8. Skills and expertise is not important in considering manpower.
_TRUE__9. Benefits are the reasons why customers will decide to buy the products.
_TRUE__10. Machine refers to the manufacturing equipment.
_TRUE__11. Supplier is an entity that supplies goods and services to another organization.
_TRUE__12. Supply chain is a system of organizations, people, activities, data and properties involved in
moving a product or service from supplier to customer.
_TRUE__13. Business model describes the rationale of how an organization makes, transports, and
captures value in economic, social, cultural or other contexts.
_TRUE__14. In selecting the type of equipment to purchase, the entrepreneur may consider cost and
capacity of the equipment.
_TRUE__15. Value chain is the process or activities by which a company adds cost to an article, that
includes production, promotion, and providing of after-sales service.
What’s New
GUESS THE PICTURE Direction: Given with the following pictures, fill in the following blanks below to
form a meaningful word. Two (2) points for each correct word.
What’s More
General Directions: Answer the following questions based on your learnings about 4M’s of production
and Value Chain or Supply Chain. Write your answer on the space provided. Five (5) points in each
correct answer for Problem No.1 and 2 points for each correct answer in Problem No.2. Problem No. 1.
“In your home, when you want to eat egg sandwich before going to school, your mother would surely
prepare it for you. Your egg sandwich would not be produced without a process.”
1. Who would be your manpower? _ My mother, because she’s the one who cooked and prepared the
sandwich._
2. What would be your materials? _The materials or items needed to make an egg sandwich are: a
boiled egg, slice of bread, cheese, mayonnaise or ketchup, vegetables (sliced tomatoes, garlic, avocado,
and anything you prefer), butter for toasting the bread, and salt or pepper for seasoning.__
3. What machines or tools would you use? _fry Pan, toaster or toaster Oven, spoon, plates, spatula,
knife and a mixing bowl._
4. What methods are needed to produce the egg sandwich? (Cooking procedures- enumerate them).
-Initially preheat the frying pan on top of the stove and add the right amount of oil for cooking.
-It is optional to use a toaster to toast the bread; you may use a frying pan to toast the bread. Use little
condiments to add some flavor to the egg.
-Once cooked, smash the egg and place the egg on the pieces of sandwich, topped with the desired spread
or else some pieces of vegetables such as sliced tomato, garlic, avocado, or anything you prefer, and add
a mayonnaise or ketchup on it and spread it gently.
Problem No. 2: With the pictures shown below, identify each picture whether it is Value Chain or Supply
Value chain
Supply chain
Supply chain
Complete the statements below and write your answers on the space provided.
1. _Manpower_ talks about human labor force involved in the manufacture of products. It is measured as
the most serious and main factor of production.
2. _Material_ is about raw materials necessary in the production of a product.
3. _Manufacturing_ discusses the process or way of transforming raw materials to finished products.
4. The purpose of a _Product Description_ is to provide customers with details around the features and
benefits of the product so they’re obliged to buy.
5. A duplication of a product as it will be produced, which may contain such details as color, graphics,
packaging and directions. One of the necessary early steps in the inventing method is creating a
_Prototype_
6. _Suppliers_ are your business partners, without them your business will not live.
7. _Business Model_ describes the reasons of how an organization creates, delivers, and captures value in
economic, social, cultural or other contexts.
8. _Business Plan_ is an important tool for you to have an idea about the future of your business.
9. _Executive Summary_ is part of the business plan which is the first to be presented but the last to be
made.
10._Marketing Section_ shows the design of your product/service; pricing, where you will sell and how
you will introduce your product/service to your market.
What I can Do
Direction: Answer the following questions base on the picture shown below. Write your answers on the
space provided. Two (2) points in each correct answer.
1. Are you familiar with the picture above? Give one example of a food business establishment that
you think is famous among teenagers today.
_ Yes, Milktea Shop is one of the most famous businesses among teenagers today because of its different
flavors and refreshing characteristics that suit the tastes of every teenager_.
2. What do you think is the reason why this particular food business establishment becomes famous
amongst teens nowadays?
_ Overall, the combination of diverse flavor options, social media influence, trendy atmospheres,
customization opportunities, convenience, and taste contribute to the popularity of milk tea shops among
teenagers._
3. Do you know some other ways to enjoy their product other than coming in personally into their
store and buying their product for yourself?
_Delivery services because many milktea shops partner with food delivery services to bring their products
directly to customers' doorsteps or online ordering for pickup some milk tea shops allow customers to
place orders online for pickup._
4. Do you think such strategies are effective to make the business more productive? Why or why
not?
_ Yes, because of that, you can provide good service to your customers and improve your product to sell
to them._
Assessment
Direction: Encircle the letter of your choice.
1. Which of the following refers to the human workforce involved in the manufacture of products?
A. Materials B. Method C. Machine D. Manpower
2. The 4M’s of production are as follows except ONE.
A. Management B. Manpower C. Method D. Machine
3. Which of the following refers to the marketing copy that explains what a product is and why it is worth
purchasing?
A. Prototype C. Business Model
B. Product description D. Suppliers
4. It represents the final products from the production process and distributed to the customers.
A. Input B. Supplies C. Output D. Materials
5. It is a replica of a product.
A. Prototype C. Business Model
B. Product description D. Suppliers
6. Which of the following refers to the system of organizations, people, activities, information, and
resources involved in moving a product or service from supplier to customer?
A. Supply chain B. Value chain C. Business model D. Prototype
7. Which of the following is the process or activities by which a company adds value to an article,
including production, marketing, and the provision of aftersales service?
A. Supply chain B. Value chain C. Business model D. Prototype
8. It describes the rationale of how an organization creates, delivers, and captures value in economic,
social, cultural or other contexts.
A. Prototype C. Business Model
B. Product description D. Suppliers
9. It is an entity that supplies goods and services to another organization.
A. Prototype B. Product description C. Business model D. Suppliers
10.Which of the following refers to the manufacturing equipment used in the production of goods or
delivery of services?
A. Machine B. Manpower C. Method D. Materials
11.It refers to the process or technique of converting raw materials to finished products.
A. Machine B. Manpower C. Method D. Materials
12. It simply refers to the raw materials needed in the production of a product.
A. Machine B. Manpower C. Method D. Materials
13. Statement I- Skills and expertise is not important in considering manpower.
Statement II- Benefits are the reasons why customers will decide to buy the products.
A. Only Statement I is true. C. Both Statements are true.
B. Only Statement II is true. D. Both Statements are false.
14.Statement I- Educational qualifications and experience is one of the criteria in considering manpower.
Statement II- Product to produce is one of the factors to be considered in method or production method.
A. Only Statement I is true. C. Both Statements are true.
B. Only Statement II is true. D. Both Statements are false.
15.Statement I- In selecting the type of equipment to purchase, the entrepreneur may consider cost and
capacity of the equipment.
Statement II- The purpose of a product description is to supply customers through details around the
features and benefits of the product.
A. Only Statement I is true. C. Both Statements are true.
B. Only Statement II is true. D. Both Statements are false.
Additional Activities
Business Plan Making
Below is a template for business plan. You need to fill this out using the business you want to pursue.
MANAGEMENT SECTION
This section will show how you will manage your business and the people you need to help you in your
operations
a. Manager: _Christian Josh Magtarayo, Precious Sarah Casili, and Christine Mhae Benosa_
b. Workers: _ Beader, Designer, Assistant (responsible for the customers who want to avail themselves of
a customized bracelet and necklace.) and Packers_( right now, we are those workers)
MARKETING SECTION
This section shows the design of your product/service; pricing, where you will sell and how you will
introduce your product/service to your market.
a. Product Description:
_ With our unique beaded necklace that is made specifically for you, you can make a big impression.
Select from a stunning array of quality beads, such as dazzling crystals, glossy pearls, and vibrant
gemstones, to design a necklace and bracelet that embodies your unique style. Regardless of your
preference for a dramatic and eye-catching statement piece or a delicate and fragile design, our talented
artisans will execute your idea with unmatched attention to detail and craftsmanship._
b. Price:
_Bracelet price is ranging to 25php to 40php
_Necklace price range is 40php to 50php_
c. Selling location: _Zone 5 Salvacion Baao, Camarines Sur and Zone 1, Don Juan Street San Francisco
Baao, Camarines Sur_
d. Promotional Activity: _We used our different Social Media Platform to promote our product._
FINANCE SECTION
This section shows the money needed for the business, how much you will take in and how much you
will pay out
a. Capital Amount: _1000php_
b. Expected Daily Sales: _500php_
c. Expected Daily Expenses: _100php_
d. Income per Day: _400php_
PRODUCTION SECTION
This section shows the area, equipment and materials needs for the business.
a. Draw a lay out of your production area:
MATERIALS SOURCES
BEADS Online shop: BS1516.ph
Beader tools Online shop: Hightune
Plastic for packaging Baao Market