Ae Q1 Week 7-8
Ae Q1 Week 7-8
Ae Q1 Week 7-8
3. Presenting examples/instances of a. Provide examples of contemporary economic issues affecting the Filipino entrepreneur, such as inflation, unemployment, global economic conditions, government policies,
the new lesson and technological advancements.
Inflation - The increasing prices of goods and services can affect the Filipino entrepreneur's purchasing power and revenue. For instance, if the cost of raw
materials or transportation increases due to inflation, it may force the entrepreneur to increase the prices of their products or reduce their profit margins.
Unemployment - High unemployment rates can impact the purchasing power of the population and reduce demand for products and services, leading to
decreased revenue for entrepreneurs. Moreover, a lack of skilled labor force can also impact the growth and development of businesses.
Global economic conditions - As a country that heavily relies on exports and imports, changes in global economic conditions can significantly impact Filipino
entrepreneurs. For instance, a decline in demand for exports or an increase in the cost of imports can impact profitability and revenue.
Government policies - Changes in government policies such as tax policies, labor laws, and regulations can have a significant impact on entrepreneurs. For
instance, if the government increases taxes, entrepreneurs may have to increase their prices, which can lead to a decrease in demand.
Technological advancements - The rapid advancement in technology can provide opportunities for entrepreneurs, but it can also present challenges. For
instance, the rise of e-commerce and online businesses has intensified competition, and entrepreneurs need to adapt to stay relevant and competitive. However,
technological advancements can also help businesses streamline their operations and reach a wider market.
b. Discuss the impacts of these issues on the business environment, including changes in consumer behavior, competition, and economic gro
a. Introduce the concept of entrepreneurship and the role it plays in economic development.
4. Discussing new concepts and
b. Discuss the characteristics of successful entrepreneurs, such as innovation, risk-taking, and adaptability.
practicing new skills #1
c. Explain the importance of understanding economic issues and trends for entrepreneurs to make informed business decisions.
a. Provide case studies of Filipino entrepreneurs who have successfully navigated contemporary economic issues, such as Jollibee, Grab, and Lazada.
5. Discussing new concepts and
b. Analyze the strategies and actions taken by these entrepreneurs to adapt to changing economic conditions and remain competitive.
practicing new skills #2
c. Discuss the lessons that can be learned from these case studies and applied to other businesses.
a. Assign a group project where students will research and analyze a contemporary economic issue affecting Filipino entrepreneurs, such as the impact of the COVID-19
pandemic on small businesses.
6. Developing Mastery
b. In their groups, students will identify the key challenges and opportunities presented by the issue, and develop strategies for businesses to address them.
c. Each group will present their findings and recommendations to the class, and engage in a Q&A session to further discuss and refine their ideas.
V. REFLECTION