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ENT Lesson 2 Formative Assessment 31
ENT Lesson 2 Formative Assessment 31
Identify a Market Problem in your area that you think needs to be addressed?
From your proposal, what could be the possible hindrances that may block your
passage to success. How are you going to deal with it?
Entrepreneurship 12
Direction: Choose two Local Businesses around your community and conduct a SWOT
Analysis using the diagram below. Each quadrant must have an outline of Strengths,
Weaknesses, Opportunities, and Threats. You must provide three for each area.
Strengths Weakness
Opportunities Threats
Strengths Weakness
Opportunities Threats
Entrepreneurship 12
Direction: Discuss the following terms and explain how it can affect the business that you
are proposing.
1. Political Factors -
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4. Technological Factors -
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6. Legal Factors -
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Entrepreneurship 12
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ACTIVITY 6.3: Competitive Forces in the Task Environment
Direction: With an existing business, provide a realistic strategy that can create more
profit considering the Five Forces based on Michael Porter’s. Use the diagram below.
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Business Name
What powers do their customers have? What controls do their suppliers have?
Entrepreneurship 12
Direction: Prepare the vision, mission, goals and objectives of your proposed business
venture. Formulate your company’s Mission, Vision, (3) Goals and (3-5) Objectives. Use the
graphic organizer below.
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Proposed Business Name
Mission
Vision
Goals
Objectives