Name: RAGUDOS, ARLYN, R.

Grade/Section: STEM 12- SCHRODINGER

‘’ENTREPRENEURSHIP’’
Teacher: MA. ROWENA ORPILLA
QUARTER 4 -WEEK 1

LEARNING TASK 1: ACTIVITY 1

Direction: Answer briefly the following questions.

1. Select a particular business and search on how they manufacture their

product. Briefly describe the manufacturing process of their product.

“REALME”
NEW DELHI: While other members of the Chinese electronics giant BBK
Electronics – Vivo, Oppo look at mega sport events especially in India to expand
their reach, Shenzhen-based Realme seems to be banking on its ‘community’
driven approach to tap the next lot of millennials.

Speaking candidly to ET, Madhav Sheth, India chief executive at Realme told how
the company would rather utilize its funds towards building its product portfolio,
adding innovations than sponsoring mega events as part of its brand strategy.

“We never have any marketing or sales strategy; we only have a product-driven
strategy. We are community based people; we'll keep on sponsoring college events
but won't waste our money in sponsoring sports teams,” he said.
Sheth added that while he doesn’t think sponsoring mega events is a wrong
strategy, it’s just that Realme doesn’t ‘believe’ in it.

In a recent interaction with ET, Vivo said that being the title-sponsor of Indian
Premier League (IPL) has helped the company immensely in expanding its
consumer reach and creating brand awareness in the country.

Meanwhile, Realme also has a ‘low-margin, high-volume’ strategy as part of which

the company has kept its profit margin between 4% to 5%. “We're not making
enough profit margin but when you do a good volume, these margins are good
enough,” Sheth said.

The company also recently took jibes at Xiaomi on social media saying that its
latest model Realme X priced at Rs 16,999 was a better product at a much more
competitive price.

Realme had 13% online market share in January-May period against Xiaomi’s 46%
share, as per Counterpoint data. Realme’s overall share stood at 7%, while Xiaomi
remained the leader with 30% share during the same period.

In India, the latest smartphone entrant has a team of about 70 people in corporate
operations and has over 10,000 people working on the production end. Sheth told
that the company has a small team for corporate operations and management and
it prefers it this way.

Talking about Xiaomi, Sheth said that people have to understand what Realme is
offering and what Xiaomi is offering. “It's fun to be a challenger rather than being a
leader,” he expressed candidly.

In another interaction, Sheth had told ET that Realme’s local research and
development (R&D) center has already started playing a significant role in
customise products for the local market. It has also started work on 5G
smartphones
LEARNING TASK 2: ACTIVITY 2
Direction: Choose the letter of the best answer.
Write in a separate sheet of paper.
A. Manpower
1. Considered as the most critical and important B. Method
factor of production C. Machine
D. Materials

2. Refers to the process or technique of converting raw materials to finished product

A. Materials C. Manpower
B. Method D. Machine

3. Refers to the manufacturing equipment used in the production of goods or delivery of services.
A. Machine C. Method
B. Manpower D. Materials

4. This form part of the finished product.

A. Method C. Materials
B. Machine D. Manpower

5. The following are some manpower criteria that must be considered by an entrepreneur EXCEPT ____
A. awards received C. skills and expertise
B. amount of salary D. work experience

6. The following are the 4Ms of operation EXCEPT ______

A. Method C. Machine
B. Materials D. Money

7. Which of the following factors must be considered in the selection of raw materials?
A. Quality C. Transportation
B. Credibility of the buyers D. Location

8. It is the physical output of the whole production process.

A. Machine C. Service
B. Method D. Product

9. You need a baker in your pasty shop. Which of these manpower criteria must be your priority?
A. Education C. Age
B. Proximity of the applicant to the business D. Skills and expertise
place

10. Which of these factors will boost the morale of your employee?

A. Minimal salary
B. Limited leisure hours
C. Work appreciation
D. Strict supervision
LEARNING TASK 3: REFLECTION about the lesson

Based on my perspective in this module. I’ve learned a lot I unlock more knowledge
about Entrepreneurship, the number of this I learned is Immense and I think all of this
lesson can be a big help for everyone. I can apply this topic and learning to my Day-
to-Day life. So, for this week’s lesson, we tackled about the 4Ms of Operation which
are the MANPOWER, METHODS, MACHINE AND MATERIALS. These 4Ms is Very
Significant thing that an entrepreneur or a businessman must know. These four
critical domains are also applicable to business opportunities since business is in
essence tied to manufacturing as well. When putting up a business, manpower is
critical as well as the other elements. And to sum up, Manpower these are the Skills,
Technology, Organization and Resources, for the Machine, it tackles about the
Equipment. Also, for the Method these are the Process, Procedure and/or Schedule.
Lastly For the Materials it consists of Raw materials, Information’s, Consumables and
Quality.