Scribd Logo
Upload

Welcome to Scribd!

  • Lesson 3-4

    Uploaded by

    RhealynBalboaLopez
    2 views26 pages
    This document provides lessons on entrepreneurship, including opportunity spotting, business concepts, target markets, and identifying market needs. It discusses spotting business opportunities by developing a business concept and determining the product opportunity. It emphasizes the importance of understanding target markets, including existing customers, prospects, and potential new users. The document instructs readers to form groups, assign roles like CEO, and propose three business ventures with reasons for offering each product or service and descriptions of the target markets. The overall content focuses on key steps for developing a new business, including opportunity identification, target customer analysis, and initial business planning.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document provides lessons on entrepreneurship, including opportunity spotting, business concepts, target markets, and identifying market needs. It discusses spotting business opportunities by developing a business concept and determining the product opportunity. It emphasizes the importance of understanding target markets, including existing customers, prospects, and potential new users. The document instructs readers to form groups, assign roles like CEO, and propose three business ventures with reasons for offering each product or service and descriptions of the target markets. The overall content focuses on key steps for developing a new business, including opportunity identification, target customer analysis, and initial business planning.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    2 views26 pages

    Lesson 3-4

    Uploaded by

    RhealynBalboaLopez
    This document provides lessons on entrepreneurship, including opportunity spotting, business concepts, target markets, and identifying market needs. It discusses spotting business opportunities by developing a business concept and determining the product opportunity. It emphasizes the importance of understanding target markets, including existing customers, prospects, and potential new users. The document instructs readers to form groups, assign roles like CEO, and propose three business ventures with reasons for offering each product or service and descriptions of the target markets. The overall content focuses on key steps for developing a new business, including opportunity identification, target customer analysis, and initial business planning.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 26

    E N T R E P R E N E UR SH IP

    OPPORTUNITY
    SPOTTING
    LESSO N 3
    MOTIVATION
    SPOTTING BUSINESS OPPORTUNITIES
    SPOTTING BUSINESS OPPORTUNITIES
    BUSINESS CONCEPT
    BUSINESS CONCEPT
    BUSINESS CONCEPT
    PRODUCT OPPORTUNITY
    BUSINESS PLAN
    BUSINESS PLAN
    EXISTING TARGET MARKET
    PROSPECTS
    CUSTOMERS USERS

    People who have People who have not People in your target
    already purchased yet purchased your market who are not
    your product. product but are currently looking for
    considering it. a solution.
    Question to ponder:
    E N T R E P R E N E UR SH IP

    IDENTIFYING
    MARKET NEEDS
    LESSO N 4
    CHOOSING A PRODUCT TO SELL
    MARKET RESEARCH
    MARKET NEEDS
    •

    •
    SIZE OF MARKET
    UNDERSTAND YOUR CUSTOMER
    PROFILE
    KNOW THE PERSONAL SIMILARITIES
    OF OUR MARKET
    KNOW THEIR SPECIAL INTERESTS
    OR NEEDS
    Performance Task #2:
    Time to start making your
    Business Plan:
    DIRECTIONS:
    1. Group the class into five (5).
    2. Each group must assign a leader who fits to be the CEO of
    the company.
    3. The CEO will be the one to assign his/her group members of
    the career titles/position that they will do in their business.
    4. Then, the group should think of at least three (3) business
    ventures they could start and state the reasons why they
    should offer it and identify their target market.
    5. You may follow the format below in making your proposal.
    6. Submit your proposal to your teacher.
    NAME OF BUSINESS
    NAME OF BUSINESS
    NAME OF BUSINESS
    NAME OF BUSINESS
    NAME OF BUSINESS

    You might also like