Professional Documents
Culture Documents
Business Enterprise Simulation Module - Compress
Business Enterprise Simulation Module - Compress
Business Enterprise Simulation Module - Compress
BUSINESS ENTERPRISE
SIMULATION
for Accountancy, Business & Management (ABM) Strand
1 0
Grade 12
BUSINESS ENTERPRISE
SIMULATION
Second Semester
Third Quarter
Week 1 – Module 1 Nature of Work Immersion
Week 2 - Module 2 Concept of Business Plan
Week 3 - Module 3 How to Create a Business Plan
Week 4 - Module 4 Parts of a Business Plan
Week 5 and 6 - Module 5 How to Write a Business Proposal
Fourth Quarter
Week 1 and 2 – Module 6 Business Implementation and Evaluation
Week 5 and 6 – Module 7 Business Simulation Conference
This Learning Activity Sheets was written by KEVIN H. JASMIN, LPT, MIS of
Marinduque National High School Senior High School at Boac, Marinduque. Parents,
guardians and other stakeholders are encouraged to e-mail all their comments and
suggestions to kevin.jasmin@deped.gov.ph
1 0
Business Enterprise Simulation
Third Quarter
Week 1 – Module 1
Key Concepts
Work Immersion is one of the course requirements for graduation. A Senior High
School student has to undergo Work Immersion in an industry that directly relates to
the student’s post-secondary goal. Through Work Immersion, the students are exposed
to and become familiar with work-related environment related to their field of
specialization to enhance their competence. Specifically, the students are able to: This
course integrates all the key concepts and processes of Accounting, Business and
Management (ABM) as applied in real-life activities following the business cycle:
business opportunity search, product/service development, business formation and
organization, business implementation and control, business wind-up, and relevant
management reporting in the context of ethical standard and social responsibility.
Technologies are used in a business enterprise as appropriate.
As stipulated in DepEd Order No. 39 s. 2018 entitled Clarification and Additional
Information to DepED Order No. 30 s. 2017 (Guidelines on Work Immersion), Work
Immersion is a requirement for Academic specifically for Accountancy, Business &
Management (ABM)
1 0
1 0
Activity 1
Directions: What words can you associate with business that are relevant and can be
used in in your work immersion activity? Fill in the graphic organizer below.
BUSINESS
Activity 2
Directions: Look at the business simulation activities above. Answer the following
questions below.
3. Who among in your community can help you and may guide you along this
activity?
Guide Questions
2. How will you interact and make use of your skill in the business simulation
activity in the future?
3. What problems may you foresee as you venture in this immersion activity?
Prepared by:
1 0
Business Enterprise Simulation
Third Quarter
Week 2 – Module 2
Lesson: Concept of Business Plan
MELC: Scan the market and identify potential business opportunities to capitalize on
Key Concepts
Business plans are like road maps: it’s possible to travel without one, but it will
only increase the like hood of getting lost along the way.
Activity 1
Activity 2
Directions: Imagine that you are opening a business. Think of a name of your own
business.
Guide Questions
1 0
3. How will your business name encourage client?
Prepared by:
1 0
Business Enterprise Simulation
Third Quarter
Week 3 – Module 3
Lesson: How to Create a Business Plan
MELC: Formulate business plans and strategies
Key Concepts
Starting a business is an exciting, yet often overwhelming undertaking.
After the initial exuberance of having that brilliant business idea pop into your head,
your next question is likely to be: Now what? Developing a business plan is the best
next step. Business plans give your company direction. Getting a business off the
ground is a challenge but learning how to create a business plan isn’t. Here, we give
you the scoop on what a business plan is, why you need it, and how to create one.
What is a Business Plan? - A business plan is an overview of the business idea, as
well as a strategy for building and running it. It’s a formal, written document that
answers important questions about your company.
Why Do You Need a Business Plan? - A business plan serves both internal and
external stakeholders and is crucial to developing your budding company in multiple
ways. A business plan can help with:
Guidance: A business plan can act as a roadmap, helping you and your team
stay focused on your goals.
Investors: If you want to bring investors into your venture, you’ll need to prove
the viability of your company. A well-developed business plan shows that you’ve
done research on the market, your competition, and how to succeed.
Partners: Looking for a co-founder? In the same way a good business plan will
help you draw in investors, it can also help to attract potential partners.
Generating a business plan involves putting your ideas and research into writing.
Here’s how to create a business plan in three simple steps:
1. Come up With a Business Idea - In order to write a business plan, you need a
winning business idea. If you’re an aspiring entrepreneur still looking for an idea, start
paying attention to common problems you and the people around you encounter.
For example, you might notice your newlywed friends complaining about how
hard it is to find a photographer who doesn’t take cheesy engagement photos. This
problem could inspire you to start your own photography business. Or, if your friends
want to buy a home, but hate the idea of maintaining a yard, perhaps you could launch
a landscaping service. While you’re brainstorming, remember 4 successful businesses
solve problems.
2. Do Your Research: The Elements of a Business Plan - Once you have a business
idea you’re excited about, start conducting research to flesh out your business plan.
Use your business plan to answer the questions others will have about your business
and how it will be successful.
Then, organize your research into the following categories:
1 0
Executive Summary - This section serves as a quick preview of what will follow, much
like the opening paragraph of an essay.
Company Overview - Think of the company overview as an elevator pitch. This is
another opportunity to succinctly answer key questions
Products and Services - Use this section to expand on your business model
Market Opportunity - Those reading your business plan need to know why your
business will be successful. Do the necessary market research to identify your
company’s viability here.
Marketing Plan - Here is where you need to explain how you’ll reach your customers.
Don’t forget to include digital marketing tools like a website, a social media presence,
and an email marketing strategy.
Operational Plan - Parse out company logistics in this section. Detail as much as you
can about how you intend to run your business.
Once you’ve thoroughly answered the most important questions about your
proposed business, you’ve essentially created a business plan. All that’s left is to polish
it.
3. Apply the Finishing Touches to Your Business Plan - After you’ve written your
business plan, go over it with a fine-toothed comb. Typos and grammatical errors will
make you and your potential business seem unprofessional. It’s a good idea to give it
to a friend who can look at it with fresh eyes.
You should also eliminate any extraneous or redundant content.
Investors and lenders don’t want to read a book about your business. Be
respectful of their time and present them with a business plan that is concise
and clear.
Developing a business plan is the first step on the exciting road to entrepreneurship.
When you learn how to create a business plan, you unlock the power to secure
investments, loans, and leases for your company. You also build an internal roadmap
to success for your business
Activity 1
Directions: Answer the following questions.
EXECUTIVE SUMMARY
1 0
4. How are you different from the competition?
PRODUCTS AND SERVICES
MARKETING PLAN
Prepared by:
1 0
Business Enterprise Simulation
Third Quarter
Week 4 – Module 4
Lesson: Parts of a Business Plan
MELC: Design an operating plan to ensure that the inputs and processes required to
deliver the product or service are identified, and estimate the costs needed for
production.
Key Concepts
The executive summary is the first paragraph investors read. If it doesn't grab
the reader's interest, it will be the last paragraph they read. In just a few sentences,
describe the business concept, its products and services, the competitive advantages
and why the company will be incredibly successful. This opening should intrigue
readers and make them want to read more.
The description fills in the details outlined in your summary. It puts together the
structure of the business and should include the following:
The descriptions should show why the products and services are innovative, unique
and exciting. The reader should believe that you've really come up with an idea or
concept that no one else has created. Use the following as an outline:
1 0
What are their benefits?
What makes these products and services unique?
How do they meet the needs of your customers?
How do they add value to the customers?
Your target market must be clearly defined. You need to show detailed thought about
who your customers are and that you have identified their characteristics:
In this section, you have to spell out how you intend to forge a share of the market
against more established competitors. This can't be something like just working
harder; it needs specific actions and steps that have a chance of succeeding and
winning customers. Outline your competitive action plan with answers to these
questions:
After you identify the weaknesses of your competitors, the marketing plan should
describe how you plan to exploit those weaknesses.
The objective of financial projections is to show that you have worked through the
1 0
numbers and come up with a plan to make a profit. Great ideas are nice, but you
need cash flow to start up a business and stay around long enough to gain market
share.
What are the projections of sales and cash flow for the first year?
What are the initial operating costs?
How much do you need for personal expenses, and where will these funds come
from?
How will you finance the startup and growth of the business?
Do you have a bank loan or line of credit?
How long will it take to break even and have a positive cash flow?
A word of caution: Take your sales projections for the first few years and cut that
number in half. Recalculate your cash flow and profits based on the lowered sales
estimates, because these figures will be closer to reality. If your business can survive
with these lower projections, then you've done a good job of figuring out how to forge
ahead and become successful.
The real heart of any business is its people. Even the best ideas will fail if a company
does not have skilled and aggressive employees. The management portion of the
business plan needs to assure investors and lenders that you have a top-notch team
lined up to work for your company. Sell your management team with answers to the
following questions:
A business plan is required not only for potential investors and lenders. It forces the
aspiring entrepreneur to conduct a harsh and realistic analysis of his dream
business. If the would-be owner wants to succeed, he must address all aspects of the
business.
Activity 1
1. What do you think is the most important part of a business plan? Why?
3. Which components of a business plan are considered the most critical and why?
1 0
Activity 2: Creating a Business plan
Choose which sections you need in your business plan. Be sure to include the
four most important elements and add any others from the beginning of this
article that you think you might need.
Sketch or outline what you will include in each business plan section
Gather the information and data that support your business plan
Use this info to fill out each section of your business plan
Review each component of your business plan with trusted mentor, colleague,
or friend
Guide Questions
1. Which business plan sections do you think are the most important for an existing
small business in most situations?
Prepared by:
1 0
Business Enterprise Simulation
Third Quarter
Week 5 and 6 – Module 5
Lesson: How to Write a Business Proposal
MELC: Formulate business proposal and strategies
Key Concepts
The great Mark Cuban once said, <Sales cure all.= If a business doesn’t sell, it doesn’t
make money and by extension the business fails. Enter business proposals.
A well-written business proposal can often mean the difference between winning or
losing a prospective client. And in today’s tough times, with contracts dwindling, it’s
more important than ever to have a standout proposal. But, what are business
proposals? How do you make them? What do you include in a business proposal? How
long should a business proposal be?
We answer all of these questions and more in this in-depth guide to creating business
proposals that will help you close more deals, make more sales and crush your
business goals.
What is a business proposal? - A business proposal is a document used by a B2B
or business-facing company (this may not always be the case) where a seller aims to
persuade a prospective buyer into buying their goods or services.
What is the purpose of a business proposal? - Essentially, a business proposal
aims to streamline the B2B sales process (which is often complex) between you as a
seller and a buyer by serving the dual purpose of acting as a source of information as
well as a sales pitch aimed at convincing your buyer why they should buy what you
have to offer.
What should you include in a business proposal? - A business proposal usually
aims to answer the following questions:
Who you are and what your company does
The problem your buyer faces
The solution your company offers to alleviate the problem
How your company will implement this solution effectively
An estimate of resources (time, money, etc) required to implement the solution
This being said, when writing a business proposal, you can break down the document
into these sections:
I. Introduction
II. Table of contents
III. Executive summary
IV. Project details
V. Deliverables and milestones
VI. Budget
VII. Conclusion
VIII. Appendix
1 0
Step 1: Introduction - The introduction to your business proposal should provide your
client with a succinct overview of what your company does (similar to the company
overview in your business plan). It should also include what sets your company apart
from its peers, and why it’s particularly well-suited to be the selected vendor to
undertake a job4whether the assignment is a singular arrangement or an ongoing
relationship. The most effective business proposal introductions accomplish more with
less: It’s important to be comprehensive without being overly wordy. You’ll want to
resist the temptation to share every detail about your company’s history and lines of
business, and don’t feel the need to outline every detail of your proposal. You’ll want
to keep the introduction section to one page or shorter.
Step 2: Table of Contents - Once you’ve introduced your business and why you’re
the right fit for the client you’re submitting the proposal to (a quasi -cover letter), you’ll
want to next create a table of contents. Like any typical table of contents, this section
will simply outline what the client can expect to find in the remainder of the proposal.
You’ll include all of the sections that we’ll cover below, simply laid out as we just did
above. If you’re sending an electronic proposal, you may want to make the table of
contents clickable so the client can easily jump from section to section by clicking the
links within the actual table of contents.
Step 3: Executive Summary - Next, your business proposal should always include
an executive summary that frames out answers to the who, what, where, when, why,
and how questions that you’re proposing to the client lead. Here, the client will
understand that you understand them. It’s important to note that despite the word
<summary,= this section shouldn’t be a summary of your whole business proposal.
Instead, this section should serve as your elevator pitch or value proposition. You’ll use
the executive summary to make an explicit case for why your company is the best fit
for your prospect’s needs. Talk about your strengths, areas of expertise, similar
problems you’ve solved, and the advantages you provide over your competitors4all
from the lens of how these components could help your would-be client’s business
thrive.
Step 4: Project Details - When it comes to how to write a business proposal, steps
four through six will encompass the main body of your proposal 4where your potential
client will understand how you’ll address their project and the scope of the work.
Within this body, you’ll start by explaining your recommendation, solution, or approach
to servicing the client. As you get deeper within your explanation, your main goal will
be to convey to the client that you’re bringing something truly custom to the table. Show
that you’ve created this proposal entirely for them based on their needs and any
problems they need to solve. At this point, you’ll detail your proposed solution, the
tactics you’ll undertake to deliver on it, and any other details that relate to your
company’s recommended approach.
Step 5: Deliverables and Milestones - This section will nest inside the project details
section, but it’s an essential step on its own. Your proposal recipient doesn’t get merely
an idea of your plan, of course4they get proposed deliverables. You’ll outline your
proposed deliverables here with in-depth descriptions of each (that might include
quantities or the scope of services, depending on the kind of business you run). You
never want to assume a client is on the same page as you with expectations, because
1 0
if you’re not aligned, they might think you over-promised and under-delivered.
Therefore, this is the section where you’ll want to go into the most detail. Along these
lines, you can also use this section of the prospective client’s proposal to restrict the
terms and scope of your services. This can come in handy if you’re concerned that the
work you’re outlining could lead to additional projects or responsibilities that you’re not
planning to include within your budget. Moreover, you might also want to consider
adding milestones to this section, either alongside deliverables or entirely separately.
Milestones can be small, such as delivery dates for a specific package of project
components, or when you send over your first draft of a design. Or you can choose to
break out the project into phases. For longer projects, milestones can be a great way to
convey your company’s organization and responsibility.
Step 6: Budget - There’s no way around the fact that pricing projects isn’t easy or fun4
after all, you need to balance earning what you’re worth and proving value, while also
not scaring away a potential client, or getting beaten out by a competitor with a cheaper
price. Nevertheless, a budget or pricing section is an integral part of a business
proposal, so you’ll want to prepare your pricing strategy ahead of time before getting
into the weeds of any proposal writing. This being said, if you fear the fee might seem
too high to your potential client, you might decide to break out the individual
components of the budget with these points in mind, once you’ve determined how to
outline your pricing, you’ll list it out (you might even include optional fees or services)
and the overall cost for the scope of work you’ve described.
Step 8: Appendix - After the conclusion, you might also decide to include an appendix4
where you add any supplemental information that either doesn’t fit within the main
proposal without being disruptive for the reader, or is less than essential to
understanding the main components of your proposal. You’ll likely only need an
appendix if you have stats, figures, illustrations, or examples of work that you want to
share with your potential client. This being said, you might also include contact
information, details about your team, and other relevant information in this section.
Prepared by:
1 0
Business Enterprise Simulation
Fourth Quarter
Week 1 and 2 – Module 6
Lesson: Business Implementation and Evaluation
MELC: Craft a financial plan, the inputs of which are from the results of the marketing
plan (sales) and operations plan (operating costs), and which will define the financial
goals that will be his/ her target upon eventual execution
Key Concepts
All entrepreneurs ought to consistently, and intently, assess their fiscal
reports to best comprehend the wellbeing of business.
The main benefit of examining your organization's budget reports is that they
permit you to settle on essential choices that help development and long-haul
productivity.
You can consider your financial reports a scorecard for your business. The
Balance Sheet uncovers the organization's wellbeing. The Balance Sheet shows what
an organization possesses, how these resources were paid for, what is as yet owed,
and what worth is left after all obligation has been paid. The Income Statement shows
the net gain after costs are deducted from income. The Statement of Cash Flow helps
entrepreneurs and financial backers the same see how cash enters and leaves an
organization. This money can emerge out of tasks, contributing, and financing.
1 0
Activity 1
Directions: To evaluate your implementation and income for a week. Fill in the ff. table
below.
Income Statement for _________________
Statement Cost
Income
1.
2.
3.
Expenses
1.
2.
3.
Net worth (Income-expenses)
Activity 2
1. What have you observed on the financial report that you have reported for a
week?
3. What are the feedbacks of your customers? What will you improve and retain
from the services that you have offered?
Guide Questions
2. What are the things to consider when conducting business endeavors in the
community?
3. What values should be integrated to business owners when delivering and selling
services?
5. If you will improve your services to customers, what will it be? Why?
Prepared by:
KEVIN H. JASMIN, LPT, MIS
Secondary School Teacher I
1 0
Business Enterprise Simulation
Fourth Quarter
Week 5 and 6 – Module 7
Lesson: Business Simulation Conference
MELC: Wind up a business enterprise and draw up a culminating report including
significant values learned in the entire business cycle.
Key Concepts
I. Introduction
II. Table of contents
III. Executive summary
IV. Project details
V. Deliverables and milestones
VI. Financial Statements
VII. Conclusion and Recommendation
VIII. Appendix
Activity
Directions: Based on the above discussion, use the format above for the business
conference report to be presented, make a10-15- minutes video presentation about your
business report.
1 0
For the PowerPoint presentation
1. 7 lines per slide
2. PowerPoint presentation discussion should be concise and bulleted in forms
3. Make your text readable
4. 15-20 slides
5 4 3 2
Product Idea Idea is realistic, well Idea is realistic, Idea is Idea is not
planned, and each mostly well somewhat realistic, is not
part of the business planned, and 1- realistic, well planned,
plan fully 2 sections of the partially well and each part of
developed. business plan planned, and 3- the business
are NOT fully 4 sections of the plan is NOT
developed. business plan developed.
1 0
are NOT fully
developed.
Sources All sources All sources All sources One or more
(information and (information and (information and sources are not
graphics) are graphics) are graphics) are accurately
accurately documented, but documented. documented.
documented. has a 1-2 errors.
https://laverne.edu/institutional-research/wp-
content/uploads/sites/27/2011/11/business_rubrics1.pdf
Rubric for Oral Presentation
1 0
Students need to answered only some questions relates to their
answer all questions appropriately as it are answered business plan,
in a professional way relates to their appropriately as it questions answered
and answer all business plan. relates to their are not done so in a
questions business plan. professional manner.
appropriately related
to their business
plan
https://www.rcampus.com/rubricshowc.cfm?sp=yes&b=%25%2C%5B71R%5DT%20
Guide Questions
2. What did you feel about the journey you have experienced?
Prepared by:
1 0