Reasons For Opening A Business in My Community

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LESSON 1 ACTION

Directions: Identify at least 3 reasons for opening a business in your


community and explain your chosen type of business. Limit your answer to
the space provided for each column.

REASONS FOR OPENING A


BUSINESS IN MY COMMUNITY

Almost everyone in This will also help the


Health-conscious image of our
our neighbourhood consumers who
are on-the-go. So neighbourhood and help
crave for sweet other small business
having a bakery for pastry need not to
all, especially for owners located here. The
worry about their reason behind is this
these kind of people health. Since, this
offers them bakery will surely attract
bakery turns their other consumers outside
convenience and sweet cravings into
easy-access. With the barangay because who
healthy indulgence. would want to miss a
this we make sure With this bakery
that our pastries are bakery who makes such
health-conscious sweet pastry while caring
served and bought consumers can bid
freshly-baked and for their consumers' health
their goodbyes to and prioritizing their
newly-made. guilty-eating. valuable time.

I WOULD LIKE TO OWN A SWEET YET HEALTHY BAKERY


LESSON 1 EVALUATION

Directions: Before each number, put a check mark (√) if the statement is
correct and an (x) mark if the sentence is wrong. Each item is equivalent to 1
point.

x 1. The majority of the businesses started each year will eventually go bankrupt.

√ 2. Entrepreneurs supply the market with goods and services.

√ 3. Entrepreneurship is a process that can be learned.

x 4. To be successful, a company must possess a unique and novel idea.

x 5. Whether or not a company is successful is largely a matter of luck.

Directions: Read the text below carefully and fill in the blank(s) with the
correct answer. Choose the correct answer by referring to the table below.
Each item is equivalent to 1 point.

Quality Symbol Capital Ideas Efforts Risks Perseverance Thinking Growth

Entrepreneurial activity responds to policies that ensure the protection of new


ideas, facilitate access to capital and talents, and allow the management of risks.
There are many efforts in various countries to uplift the lives of its citizens, and
entrepreneurship is seen as one of the key engines of economic growth.
Oftentimes, entrepreneurship is perceived to be the symbol of business innovation,
determination, perseverance, and achievement.
LESSON 2 ACTION

Directions: Below is a list of Personal Entrepreneurial Competencies (PECs)


of a successful entrepreneur. Put a check mark on the 2nd column that
indicates your strong PECs. The check mark on the 3rd column are those
PECs that need to be developed.

PERSONAL PERSONAL ENTREPRENEURIAL


ENTREPRENEURIAL CHARACTERISTICS OF AN ENTREPRENEUR
CHARACTERISTICS OF AN NEEDS TO BE
ENTREPRENEUR STRENGTHS DEVELOPED
SELF-CONFIFENT ✔
PERSUASIVE ✔
GOAL-ORIENTED ✔
COMMITTED ✔
OPPORTUNITY SEEKER ✔
RISK-TAKER ✔
PERSISTENT ✔
CREATIVE ✔
VALUES EFFICIENCY AND

QUALITY-ORIENTED
GOOD IN NETWORKING ✔
INFORMATION-SEEKER ✔
SYSTEMIC IN PLANNING

AND MONITORING

LESSON 2 EVALUATION
Directions: Before each number, put a check mark (√) if the statement is
correct and an x mark (×) if the statement is wrong.

√ 1. Having a positive mental attitude is the key to success.

x 2. To have self-esteem is to have a negative attitude about oneself.

√ 3. Understanding is the ability to listen to and empathize with other people.

√ 4. Confidence is the belief that you can accomplish what you set out to do.

√ 5. Many successful entrepreneurs start life with very little money or education.

√ 6. Discipline is the ability to stay focused and to adhere to a schedule and deadlines.

√ 7. Honesty is a commitment to refrain from lying, to be truthful and sincere in dealing with
others.
x 8. Entrepreneurs do not need “people skills” to be successful.

√ 9. Perseverance is the refusal to quit, the willingness to keep goals in sight and to work
toward them, despite the obstacles.

√ 10. Persuasiveness is the knack for convincing people to see your point of view and to get
them interested in your ideas.

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