ASSIGNMENT 1.

1
LET’S DO TOGETHER
1. Observe the business found in the community and list down the desirable traits of
successful entrepreneurs. (5points)
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2. Read other stories of successful Filipino entrepreneurs in the country then write a
short reflection in 2-3 sentences. (10 points)
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LET’S REMEMBER
 Entrepreneurship is the task of managing a business profitably.
 Entrepreneurship is a key that improves the economy of the country.
 There are several benefits form entrepreneurship, such as more jobs, developing new
markets, helping discover new materials, and introducing new technologies.

LET’S APPLY AND PRACTICE

1. Practice hard work at home by doing household chores.
2. Be a responsible child at home and in school.
3. Keep yourself clean and healthy.
4. Develop your talents and interest by observing other people and reading books.

SEATWORK 1.1 LET’S CHECK

Write D on the blank if the item describes a desirable trait of entrepreneurs and U if the
trait is undesirable.
______ 1. Uses imagination in discovering business to undertake
______ 2. Creative thinker and resourceful
______ 3. Uses people for financial assistance for the business
______ 4. Respectful and reliable
______ 5. Extravagant
 QUIZ 1.1

Write True if the sentence is correct and False if it is wrong.

_______1. Entrepreneurship is the task managing a business unprofitably.

_______2. Entrepreneur is a key ingredient in making the country’s economy
progressive since it creates employment for people.
_______3. Entrepreneurs are resourceful and creative thinkers.
_______4. Entrepreneurs use their imagination to discover new sources of materials
and produce common products.
_______5. Entrepreneurs mobilizes the use of capital resources and establishes
linkages with people and other agencies for possible financial assistance for the
expansion of the business.
_______6. Entrepreneurship introduces old technologies, new industries and new
products.
_______7. Bill Gates is the founder of Kentucky Fried Chicken (KFC).
_______8. Colonel Sanders is the founder of Microsoft and one of the wealthiest
person in the world.
_______9. Tony Tan Caktiong was persistent, hard-working, and hands-on in his
business. He later called his business Jollibee.
_______10. Over the years, Reyes did not stop exploring the best technology in
beauty care in his salon.

Answer
1. False - Profitably
2. True
3. True
4. False – Unique
5. True
6. False – Old
7. False - Colonel Sanders
8. False - Bill Gates
9. False – Jollibee
10. True