6

Technology Livelihood
Education 6
Fourth Quarter – Entrepreneurship
 Technology Livelihood Education – Entrepreneurship 6
Alternative Delivery Mode
Quarter 4 – Module 1
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.

Borrowed materials (i.e. songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this module are owned by their respective copyright holders. Every
effort has been exerted to locate and seek permission to use these materials from their respective
copyright owners. The publisher and authors do not represent nor claim ownership over them.

Published by the Department of Education

Secretary: Leonor Magtolis Briones
Undersecretary: Diosdado M. San Antonio

Development Team of the Module

Writers: Lizabeth O. Guingab

Editor: Carmelina DM Tan , PSDS

Reviewers/Validators: Lolita T. Rabago ,PSDS

Illustrator: Lizabeth O. Guingab

Layout Artist: Lizabeth O. Guingab

Management Team: Malcolm S. Garma, Regional Director

Genia V. Santos, CLMD Chief
Dennis M. Mendoza, Regional EPS in Charge of LRMS and
Regional ADM Coordinator
Maria Magdalena M. Lim, CESO V, Schools Division Superintendent Aida H. Rondilla, Chief-CID
Lucky S. Carpio, Division EPS in Charge of LRMS and
Division ADM Coordinator

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The module is divided into 2 lessons namely:

 TLEIE60b-1: buys and sells products based

on needs
 TLEIE60b-2: sells products based on needs
and demands in school and community
After going through this module, you are
expected to:
 Identify /name the common items that
most people buy based on their needs
 Differentiate the needs and wants
 Give example of products based on needs
and demands in school or community
 Demonstrate a skill in selling product to
somebody.
 Let’s Study and Analyze (Pre-Assessment)

What are your opinions and ideas about the pictures? What
Does it offers? A Product or service?
1. 4.

2. 5.

3.
 Lesson 1Module 1. Buying and selling Products Based on Needs

LESSON PREVIEW(COMMUNICATION)

This lesson will give you ideas on buying and selling products based on
needs and demands in your school and community. The most basic knowledge
and skills that you need in order to come up with a marketable product will be
discussed to help you get started with a small business in school or within the
community.
 READ AND STUDY

The buying decision process starts with the recognition of needs and wants. Purchase will not take place w

A need is an important product that you must acquire. This is the basic necessity of people. We cannot sur

Want is a product or goods that you desire or wish to have. People can still live even without these produc

However, a person's wants may be another person's needs.

Activity 1
A. Identify the following picture if it is a Needs or Wants? Explain why?

1. Beads bracelet 4. Toys

2. Breads

5. Water

3. Facemask
 Activity 2
Direction: Identify the different businesses found in the
community. What are the products that they sell? Is it a need or
wants?

1. 6.

2. 7.

3. 8.

4. 9.

5. 10.
 Lesson 2Module 1. Selling Products Based on Needs and demands in school and community

READ AND STUDY

 Demands are a step ahead of wants. It is the

amount of interest to a given product that
consumers are willing to buy at a given price, at a
given period.

Sellers could offer products in the school and the

community based on existing needs and demands.
Examples include the following:

1. Bottled water is one of the most in-demand products

in school and community that can provide a solution
to the need.

2. Fast foods more people are busy in their work. They

preferred to eat cooked food and buy in karinderia or
fast food chain store.

3. Street foods such as fish balls, siomai, and assorted

kakanin can be sold the whole day and are offered at
a lower price.

4. Baked products such as pandesal, ensaymada, bread

loaf, cakes, and other pastries are equally saleable.

5. Disinfectant or alcohol, today in new normal we need

to protect our self in sickness, we need to sanitize our
self and the things we have by spraying or rubbing it.

Knowledge of the needs of people helps entrepreneurs

market their products and services. Products and services
are bought and paid because they satisfy the needs and
wants of customers.
Among the products that are always in demand are food
items and health products

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 Let’s Think About This (Critical Thinking)

. Activity 3
Answer the following questions:

What are the specific needs

and demands of people in
your school/community?

What business can you create

out of the things that you
enjoy doing? Name at least
three.

Do you think people need the

product that these
businesses offer? Why?

Do you think people are

willing to buy these products?
Why?

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 What Have You Learned?

Assessment

A. Fill in the blank with correct answer you choose in the box below.

food items Need Demands customer

products and services Want

1. A is an important product that you must acquire.

2. is a product or goods that you desire or wish
to have.
3. are a step ahead of wants. It is the amount of
interest to a given product that consumers are willing to buy
at a given price, at a given period.
4. Among the products that are always in demand are
.
5. Knowledge of the needs of people helps entrepreneurs market
their .

B. Identify which of the following is a need or want:

1. Bread/baked products
2. Water
3. Facemask
4. Toys
5. Fruits
6. Beads bracelet
7. Cooked Dishes
8. Extra cell phone accessories
9. Keychain
10. Additional clothes
 Let’s Sum Up

 Knowledge of the needs of people helps

entrepreneur market their products.
 The buying decision process starts with
the recognition of needs and wants.
 There will always be demand for products
that will satisfy a person's basic needs
such as food, clothing, and shelter,
 Products are bought and paid because
they satisfy the needs and wants of the
buyer.
 A need is an important product that you
must acquire. These are the basic
necessity of people. We cannot survive
without it.
 Want is a product that you desire but we
can still live even without these.
 Demands are a step ahead of wants. It is
the amount of interest to a given product
that consumers are willing to buy at a
given price at a given period.