Pre-Test: Caramoan Community College

CARAMOAN COMMUNITY COLLEGE
Caramoan, Camarines Sur

A/Y 2021-202
2nd Semester MC TLE102-BEEd3ABCD-OVA
Name: ________________________Yr./Sec: ____________ Week Number: 6
Course Code: MC TLE102 with Entrepreneurship
Course Title: Edukasyong Pantatahan at Pangkabuhayan with Entrprenuership
Name of Faculty: Oliver V. Ables
Day and Time:
BEEd 3A MWF 5:30PM – 6:30PM
BEEd 3B MWF 6:30PM - 7:30PM
MODULE 4
After going through the module, you are expected to:
1. Gain insights about the competencies every Entrepreneur should
develop.
2. Explore job opportunities for Entrepreneurship as a career.
PRE-TEST
DIRECTIONS: To check your prior knowledge about the topic, please list down
at least five (5) competencies in entrepreneurship and five (5) job opportunities
for Entrepreneurship as a career. Write your answer in the space provided.
Competencies in Entrepreneurship Job opportunities for Entrepreneurship as a career

1. 1.
2. 2.
3. 3.
4. 4.
5. 5.
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A/Y 2021-202
Y ou have finished answering the pre -test . You may request your
facilitator /guardian to check your work. Congratulations and keep on
learning!
LOOKING BACK TO YOUR LESSON

As you go further, let us try to recall about the concept of Entrepreneurship.
Entrepreneurship is a catchword in this era of globalized economy . It is a foundation
and catalyst for economic growth and innovation across nations (Edralin, D.
M., 2016).
Common Elements of Entrepreneurship (Edralin, D. M., 2016):
• Innovation
• Opportunity seeking and exploitation
• Resource mobilizing
• Encountering risks and uncertainties
• Economic and personal rewards
Roles of Entrepreneurship and Entrepreneurs in Economic Development

and Society (Edralin, D. M., 2016):
• Creates employment
• Develops new markets
• Introduces innovation
• Generates new sources of materials
• Stimulates investment interest in the new business ventures being
created
• Improves the quality of life
• Serves as role models
• Brings social benefits to the people
• Utilizes and mobilizes indigenous resources
• Provides more alternatives for consumers
Entrepreneurs are found everywhere around the globe and they are a
distinct group of business people who contribute to the development of the
society. They are the founder and creator of the enterprise who make use of the
opportunities that abound to start or grow business, knowing that there are
risks involved in such undertaking (Edralin, D. M., 2016).
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A/Y 2021-202
MAKE MEANING- INTERNET ASSSISTED ACTIVITY
DIRECTIONS: Give the meaning of the following word/phrase in each item. You
may use the internet to define the given word/phrase. Write your answer in the
space provided.
1. Competency
________________________________________________________________
2. Job Opportunities
__________________________________________________________
3. Enterprise
_________________________________________________________________
4. Creative thinking
___________________________________________________________
5. Managing Change
__________________________________________________________
BRIEF INTRODUCTION
Are entrepreneurs born or made?
This question has long been debated with little agreement.

However, as cited by Longenecker, J.G., et.al. (2016),
Stephen
Spinelli and Robert Adams described entrepreneurs as having and
exhibiting “desirable and acquirable attitudes and behaviors” such as
commitment and determination, leadership, opportunity obsession, risk-takers,
motivation to excel, creativity, self-reliance, and adaptability. According to
(www.ideasforleaders.com), competencies such as risk seeking, assertiveness
and vision are considered typical of a successful entrepreneur. But these are
innate predispositions or aspects of temperament; by using them as yardstick,
it is wrongly concluded that only certain types of people make good
entrepreneurs or are capable of worthwhile innovations.
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A/Y 2021-202
Is there such a thing as a ‘natural-born entrepreneur’?
Accordingly, there is not. Specific techniques and habits must be

practiced and developed by all would-be entrepreneurs. Aside from business
competencies, entrepreneurs need interpersonal and self-leadership skills too;
however, these are often overlooked. Entrepreneurial behavior‟ can be learned
and developed (www.ideasforleaders.com).
The question is not who entrepreneurs are, but what they do, and more
important than business skills can be other competencies that provide a
foundation for those business skills (www.ideasforleaders.com).
Furthermore, according to www.ideasforleaders.com, there are three

levels of competencies, which all entrepreneurs need:
1. Personal competencies – These are your abilities to ground yourself so

that you are secure and self-assured in whatever situation you may find
yourself (www.free-management-ebooks.com).
Ex. creativity, determination, integrity, self-criticism.
2. Interpersonal competencies – These are your ability to lead, influence,

communicate, supervise, negotiate, and control people at all levels. It is
the ability to get along with people and motivate people to perform jobs.
Entrepreneurs must effectively manage people (baseread.com).
Ex. communication, engagement, delegation
3. Business competencies – These are set of particular abilities and

knowledge that sets a company apart from its competitors
(yourbusiness.azcentral.com). It also refers to the key characteristics
that successful entrepreneurs should have in order to be successful
(www.mustangbols.com). Ex. business vision, financial management,
networking
Core vs. Common Competencies in Entrepreneurship
Competencies in entrepreneurship play a leading role in making

entrepreneurs successful (baseread.com).
Entrepreneurial competencies facilitate opportunity recognition, help

adapt rapidly to changes, enhances business performance, strengthen the
firm‟s competitive position and stir the achievement of organizational success.
It is the sum total of the personality, skills and knowledge that the
entrepreneur possesses, which are necessary to effectively perform their
functions and responsibilities (Edralin, D. M., 2016).
Competence is an underlying personal characteristic which leads to

superior performance. It is a combination of knowledge, skills, attitudes, and
motives (baseread.com).
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A/Y 2021-202
Core competence is the foundation for sharpening a company's
competitive edge and it guides brand reputation, business growth, and
marketing strategy (www.thebalancesmb.com).
Common competence is one that describes the knowledge, skills and

abilities found in most or all position (www.ifpm.nifc.gov).
Examples of Core and Common Competencies in Entrepreneurship

Core Competencies Common Competencies
1. Organizing and Planning 1. Analytical and critical thinking
2. Cash flow management 2. Decision making
3. Personnel management 3. Leadership
4. Operations and distribution 4. Communication
5. Customer Relations 5. Computer Literacy
6. Bookkeeping/Accounting 6. Human Relations
7. Promotions and Advertising 7. Managing Change
8. Resources Management 8. Creative Thinking
9. Financial Management 9. Time Management
10. Information Management 10. Conflict Management
Job Opportunities for Entrepreneurship as a Career

If you’re an aspiring entrepreneur, there are different career paths you
can take to turn your dream into a reality. Which path you choose will depend
on your experience, skills, finances, and flexibility, as well as your goals for the
future (Doyle, A., 2020).
Career opportunities you might pursue according to Michalowicz (2011)

as cited by Edralin, D. M., 2016):
Entrepreneurship Career Opportunities

for the Academic Track Entrepreneurship Career Opportunities
5
A/Y 2021-202
• Business Consultant Fine Arts
• Sales • Artist
• Research and development • Graphic designer
• Not-for-profit fundraiser • Photographer
• Teacher • Art gallery manger
• Talent recruiter • Film director
• Business reporter Fashion Designing
• New venture creation • Designer wear production
• Career in existing entrepreneurial • Fashion marketing, planning and
ventures concept management
• Fashion media design management
• Fashion accessory design, quality
control, and promotion brands
• Costume designer
• Fashion consultant and personal
stylist
• Technical designer and graphic
designer
• Fashion coordinator
Sports
• Health club manager
• Strength, wellness or conditioning
coach
• Fitness program or event planning
manager
• Professional or amateur
team manager
• Sports facility manger
• Corporate fitness director
• Rehabilitation center director
• Nutrition center manager Other
TECHVOC Track
• Cook/Chef
• Automotive mechanic
• Electrician
• Technical support specialist
• Tool keeper and technician
• Network support Associate
• Mechanical technologist
6
A/Y 2021-202
Note: Most would-be entrepreneurs, however, remain self-employed, preferring
to be the boss.
Reasons why many would like to become an entrepreneur (www.scu.edu):
1. Achievement, Challenge, & Learning

2. Independence & Autonomy – you can set your own goals, pick their own
partners, and face the consequences of your decisions.
3. Income Security and Financial Success
4. Recognition and Status
5. Family
6. Dissatisfaction with Current Work Arrangements
7. Community and Social Motivation
ACTI VITIES
Activity 1. Read and analyze the facts about the competencies in
Entrepreneurship below. Determine whether the statement is TRUE OR
FALSE. Write TRUE if the statement is correct and write FALSE if otherwise.
Write your answer before the number.
_________1. Entrepreneurship can be learned by anyone, it’s not something that

can simply learn in a classroom.
_________2. Certain skills, such as communication, delegating and respecting
others can only be acquired through practice and developing „habits of
character‟.
_________3. Habits of character may not strictly be related to business but are
to do with the kind of person the entrepreneur is and what he/she does.
_________4. An entrepreneur has to have certain cultivated and inherent
qualities in order to make a success of his or her venture.
_________5. Hard work and determination to win have made many successful
business people to reach their aspired goals.
_________6. An Entrepreneur must hesitate for personal or other reasons.
_________7. Business involves many risks, which an entrepreneur must hesitate
to take.
_________8. New ideas help make a business venture successful.
_________9. Certain attributes are essential for an Entrepreneur to establish his
or her business on sound footing.
_________10. The only way to acquire the habits essential for entrepreneurs is
by acting in a way inconsistent with them.
7
A/Y 2021-202
Activity 2. Read and analyze the competencies below that every entrepreneur should
develop and identify whether this refers to Personal Competencies,
Interpersonal Competencies, or Business Competencies. Write your answer in
the space provided.
1. Emotional balance 6. Resource Management skill
2, Negotiation skills 7. Resiliency
3. Leadership skills 8. human relation
4. Persistence 9. Respect
5. Charisma 10. Tenacity
Activity 3. Word Search: Please search for the ten (10) competencies of an
entrepreneur in the box below. Clues are provided. Encircle the word in the
box and write it before the clue.
Competencies of Entrepreneur
R N G E X J F W R E I R N L W
V E N C V C A C I N K M Z H R
C T I S Q I P R C T L N C E O
F W K N X W T H Z E A N S S Y
O O R X N W S A C R I O T P T
L R O I O O D P E P U G A K J
K K W J A O V T D R J N S L H
Z I D H L L F A C I C I C B X
I N R M K N T E T S R R G W D
W G A R B M F O R I T I N M T
N H H Z J U L M S N V N I A U
A C G I L S F K X G L E K B H
B E V I T I T E P M O C A P Y
D E T E R M I N E D R C T H O
T N E D I F N O C B P Y J M Y
Clues:
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A/Y 2021-202
_______________1. Showing assurance and self-reliance
_______________2. Firmly resolved
_______________3. Capable of devising ways and means
_______________4. Showing initiative and willingness to undertake new projects
_______________5. Having the quality of something created rather than imitated
_______________6. Introduce something new or different
_______________7. As good as or better than others of a comparable nature
_______________8. The act or fact of doing something that involves danger
_______________9. Habitually engaged in earnest and energetic work
_______________10. The cultivation of productive relationships for employment
or business
REMEMBER
• Commonly, competencies such as risk seeking, assertiveness and
vision are considered typical of a successful entrepreneur.
• Entrepreneurial behavior’ can be learned and developed.
• Personal competencies – This are your abilities to ground yourself so
that you are secure and self-assured in whatever situation you may find
yourself.
• Interpersonal competencies - It is the ability to lead, influence,
communicate, supervise, negotiate, and control people at all levels. It is
the ability to get along with people and motivate people to perform jobs.
Entrepreneurs must effectively manage people.
• Business competencies - is a set of particular abilities and knowledge
that sets a company apart from its competitors. It also refers to the key
characteristics that successful entrepreneurs should have in order to be
successful.
• Entrepreneurial competencies refers to the sum total of the
personality, skills and knowledge that the entrepreneur possesses,
which are necessary to effectively perform their functions and
responsibilities (Edralin, D. M., 2016).
9
A/Y 2021-202
CHECK YOUR UNDERSTANDING

DIRECTIONS: Aside from the given examples in the above
discussions, enumerate what is asked in the box. Write your answer
in the space provided.
Competencies in Entrepreneurship
Personal Competencies:
1.
2.
Interpersonal Competencies:
1.
2.
Business Competencies
1.
2.
Core Competencies:
1.
2.
Common Competencies:
1.
2.
Job Opportunities for Entrepreneurship as a Career
Possible business venture:
1.
2.
Possible full-time job:
1.
2.
Reasons why many would like to become an entrepreneur:
1.
2.
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A/Y 2021-202
POST - TEST
Identification. Read and analyze the statements below and identify whether it
requires a common competency or core competency. Write A if it is a common
competency and B if it is a core competency. Write your answer in the space
provided.
_________1. Writing business correspondence.

_________2. Preparing income statement
_________3. Designing for packaging and labelling.
_________4. Relating with staff and co-workers.
_________5. Managing quality customer service.
_________6. Giving solution to a problem.
_________7. Coordinating with channel of distribution.
_________8. Negotiating with suppliers.
_________9. Adopting to work environment.
_________10. Able to operate computer system and applications.
Multiple Choice. Read and analyze the statements below and then write the
letter of the best answer in the space provided.
_______1. Ronald is graduating SHS. After his graduation, he is planning to put

up a computer shop. What core competency he needs to develop?
A. Arts and design B. Systems and application
C. repairs and maintenance D. machine and equipment
_______2. Leticia is an employee of a fast-food chain. What common competency
she needs to develop?
A. Time management B. Managing Conflict
C. Leadership D. Critical thinking
_______3. Mang Tomas is the owner of the Tomas Welding Shop. What common
competency he needs to develop?
A. Change management B. Human Relations
C. Time management D. AB&C
_______4. If Promotions and Advertising are core competency in
Entrepreneurship; _______ is a common competency in Entrepreneurship.
A. managing sales B. listening to the sentiments of workers
C. coordinating with partners D. Conducting research
_______5. If good human relations is to Interpersonal Competency; Visioning is
to ________.
A. Personal competency B. Core Competency
C. Common Competency D. Business Competency
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A/Y 2021-202
REFLECTIVE LEARNING
Entrepreneurship education aids students from all socioeconomic
backgrounds to think outside the box and nurture unconventional talents and
skills. Hence, you need to think about and reflect on the following questions
(www.excite.com/education/business/entrepreneurship/careers):
• How long does it take to start a career in entrepreneurship?
The amount of time it takes to make it as an entrepreneur depends on

the field you choose to venture into. Since entrepreneurs can exist in any sector
of the economy, there is a vast and almost never-ending list of paths to choose
from. Therefore, you cannot define a single time-frame for careers in
entrepreneurship.
• What are the requirements for a career in entrepreneurship?
The first thing you need to do is find the right business idea and get
education according to it. You will then need to make a business plan and
define your target market. Once you have established these, you should start
networking and selling your idea into your targeted market.
• How much can I make with a career in entrepreneurship?
The salary figures for entrepreneurs vary according to the field they
venture into and how well their idea sells in the market. If your idea is unique
and useful, you might end up making a lot of money.
• What skills do I need for entrepreneurship career?
To become a successful entrepreneur, you must demonstrate good skills

and should be educated in the field. Some skills that can turn out to be useful
are: communication skills, leadership skills, analysis skills, decision making
skills, problem solving skills, critical thinking skills, and management skills.
Congratulations! You are almost done in this module. Please write your idea on
the situation below.
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A/Y 2021-202
DIRECTIONS: As would-be Entrepreneur, you are tasked to write
down at least 3 career opportunities which attract you most.
Indicate what competencies you need to enhance in order to become successful
in these opportunities. Write your answer in the space provided.
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
E-SITES
To further explore the concept learned today; please watch the video
about “Young Entrepreneurs Success Story”. Follow the link below:
www.youtube.com/watch?v=j7wZogQhmFE
REFERENCES
Books
1. Edralin, D. M. (2016). Entrepreneurship. Vibal Group Inc. Quezon City
2. Longenecker, J. G. (2016). Entrepreneurship. JO-ES Publishing House,

Inc. Valenzuela City
Websites
1. Doyle, A. (2020). The Best Jobs for Aspiring Entrepreneurs. Retrieved

from:
https://www.thebalancecareers.com/best-jobs-for-aspiring-
entrepreneurs4160409
2. Shukla, A. (2009). Top 7 Personal Competencies of an Entrepreneur.

Retrieved from: https://www.paggu.com/entrepreneurship/top-7-
personal-competenciesof-an-entrepreneur/
3. Tarver, E. (2019). Interpersonal Skills.

Retrieved from:
https://www.investopedia.com/terms/i/interpersonal-skills.asp
4. Personal Entrepreneurial Competencies (PECS).

Retrieved from:
https://www.mustangbols.com/animation-2d/pecs
5. Three competencies every entrepreneur should develop. Retrieved from:
13
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https://www.ideasforleaders.com/ideas/three -competencies-
everyentrepreneur-should-develop
6. Definition of terms. Retrieved from:

https://www.merriamwebster.com/dictionary
7. Personal Competencies Dictionary. Retrieved from:

https://udayton.edu/
hr/_resources/documents/CompetencyDictionary.pdf
8. Emotional Intelligence and Personal Competence. Retrieved from: www.

freemanagement-ebooks.com/faqpp/understanding-07.htm
9. What Is the Definition of Interpersonal Competence? Retrieved from:

https://www.reference.com/world-view/definition-interpersonal-
competencef91084426191b7ca
10. Examples of Business Competency. Retrieved from:

https://yourbusiness.azcentral.com/examples-business-
competency9072.html
11. What Entrepreneurship is: Competencies and Development. Retrieved

from:
https://baseread.com/what-entrepreneurship-is-competencies-
anddevelopment/
12. The 3 core competencies entrepreneurs must master to succeed.

Retrieved from:
https://www.bizjournals.com/bizjournals/how-to/growthstrategies/201
7/04/the-3-core-competencies-entrepreneurs-must-master.html
13. The Definition of Core Competency in Relation to Business. Retrieved

from :
https://www.thebalancesmb.com/core-competency-in-business-2948314
14. Competency Descriptors. Retrieved from: https:// www.ifpm.nifc.gov/

standard/standard/Common_ Competencies.pdf
15. Careers in Entrepreneurship. Retrieved from:

http://www.excite.com/education/business/ entrepreneurship/careers
16. 50 Best Small Scale Cottage Industry Business ideas for 2020. Retrieved
from:
https://www.profitableventure.com/cottage-industry-business-ideas/
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17. Reasons People Become Entrepreneurs. Retrieved
from: https://www.scu.edu/illuminate/thought-leaders/drew-
starbird/7-reasonspeople-become-entrepreneurs.html
15

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CARAMOAN COMMUNITY COLLEGE

Caramoan, Camarines Sur

Competencies in Entrepreneurship Job opportunities for Entrepreneurship as a career

LOOKING BACK TO YOUR LESSON

Common Elements of Entrepreneurship (Edralin, D. M., 2016):

Roles of Entrepreneurship and Entrepreneurs in Economic Development

MAKE MEANING- INTERNET ASSSISTED ACTIVITY

This question has long been debated with little agreement.

Accordingly, there is not. Specific techniques and habits must be

Furthermore, according to www.ideasforleaders.com, there are three

1. Personal competencies – These are your abilities to ground yourself so

2. Interpersonal competencies – These are your ability to lead, influence,

3. Business competencies – These are set of particular abilities and

Competencies in entrepreneurship play a leading role in making

Entrepreneurial competencies facilitate opportunity recognition, help

Competence is an underlying personal characteristic which leads to

Common competence is one that describes the knowledge, skills and

Examples of Core and Common Competencies in Entrepreneurship

Job Opportunities for Entrepreneurship as a Career

Career opportunities you might pursue according to Michalowicz (2011)

Entrepreneurship Career Opportunities

Reasons why many would like to become an entrepreneur (www.scu.edu):

1. Achievement, Challenge, & Learning

_________1. Entrepreneurship can be learned by anyone, it’s not something that

CHECK YOUR UNDERSTANDING

_________1. Writing business correspondence.

_______1. Ronald is graduating SHS. After his graduation, he is planning to put

• How long does it take to start a career in entrepreneurship?

The amount of time it takes to make it as an entrepreneur depends on

• What are the requirements for a career in entrepreneurship?

• How much can I make with a career in entrepreneurship?

• What skills do I need for entrepreneurship career?

To become a successful entrepreneur, you must demonstrate good skills

1. Edralin, D. M. (2016). Entrepreneurship. Vibal Group Inc. Quezon City

2. Longenecker, J. G. (2016). Entrepreneurship. JO-ES Publishing House,

1. Doyle, A. (2020). The Best Jobs for Aspiring Entrepreneurs. Retrieved

2. Shukla, A. (2009). Top 7 Personal Competencies of an Entrepreneur.

3. Tarver, E. (2019). Interpersonal Skills.

4. Personal Entrepreneurial Competencies (PECS).

5. Three competencies every entrepreneur should develop. Retrieved from:

6. Definition of terms. Retrieved from:

7. Personal Competencies Dictionary. Retrieved from:

8. Emotional Intelligence and Personal Competence. Retrieved from: www.

9. What Is the Definition of Interpersonal Competence? Retrieved from:

10. Examples of Business Competency. Retrieved from:

11. What Entrepreneurship is: Competencies and Development. Retrieved

12. The 3 core competencies entrepreneurs must master to succeed.

13. The Definition of Core Competency in Relation to Business. Retrieved

14. Competency Descriptors. Retrieved from: https:// www.ifpm.nifc.gov/

15. Careers in Entrepreneurship. Retrieved from:

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