BMSH2301

Name: Section:
Date: Score:

Group Activity

PHASE 1: OPPORTUNITY SEEKING (39 items x 1 point)

Direction: Under Section A, list each member's five (5) interests and skills. Under Section B, list some
problems present in your neighborhood. Under Section C, combine common interests or skills with common
problems to generate a new business venture.

Section A. Interests or Skills

Member: Member: Member:

Section B. Neighborhood Problems

Member: Member: Member:

Section C. Business Opportunities

Three (3) Most Common Skills Three (3) Most Common

+ = Business Opportunities
or Interests Neighborhood Problems
+ =
+ =
+ =

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PHASE 2: OPPORTUNITY SCREENING (36 items x 1 point)

Direction: Using the guide questions, rate your new business venture. Put a check (/) mark on your answer.

Guide Questions:
1. Is the business relevant in today’s economic condition?
2. Does the business match with your dreams and goals in life?
3. Does this business align with your best skills and competencies?
4. Do you think the business has a chance to produce high revenue?
5. Does the business provide solutions to the neighborhood’s needs and wants?
6. Does the business cater to a wide range of potential customers?
7. Does the business present opportunities to expand in the future?
8. Is the business idea unique and innovative?
9. Is the business capable of returning the investment in a short amount of time?
10. Is the business easy to operate and manage?
11. Does the business venture require high capital to operate?
12. Is the business venture prone to high risks?

Business Idea #1:

Very Very
Criteria High Average Low Score
High Low
Rating 5 4 3 2 1 Score
1. Relevance
2. Resonance
3. Reinforcement of Entrepreneurial
Interests
4. Revenues
5. Responsiveness
6. Reach
7. Range
8. Revolutionary Impact
9. Returns
10. Relative Ease of Implementation
Rating 1 2 3 4 5 Score
11. Resources Required
12. Risks

TOTAL SCORE:

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Business Idea #2:

Very Very
Criteria High Average Low Score
High Low
Rating 5 4 3 2 1 Score
1. Relevance
2. Resonance
3. Reinforcement of Entrepreneurial
Interests
4. Revenues
5. Responsiveness
6. Reach
7. Range
8. Revolutionary Impact
9. Returns
10. Relative Ease of Implementation
Rating 1 2 3 4 5 Score
11. Resources Required
12. Risks

TOTAL SCORE:

Business Idea #3:

Very Very
Criteria High Average Low Score
High Low
Rating 5 4 3 2 1 Score
1. Relevance
2. Resonance
3. Reinforcement of Entrepreneurial
Interests
4. Revenues
5. Responsiveness
6. Reach
7. Range
8. Revolutionary Impact
9. Returns
10. Relative Ease of Implementation
Rating 1 2 3 4 5 Score
11. Resources Required
12. Risks

TOTAL SCORE:

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PHASE 3: OPPORTUNITY SEIZING (25 points)

Direction: After identifying the best-rated business idea from Phase 2, fill in the PESTLE Analysis table by
determining the opportunities and threats that may affect your business using the given case scenario.

Business:

Factors Opportunities Threats

Political (4 pts.)
Congress passes tax exemption
for 13th-month pay.

Economic (4 pts.)
GDP is expected to grow at
least 7%.

Social (4 pts.)
The rising population of
immigrants from other
countries.

Technological (4 pts.)
Internet connectivity is faster.

Legal (4 pts.)
No more hourly/daily basis of
salary for employees. Only
regular contracts.

Environmental (5 pts.)
Indiscriminate dumping of
manufacturing byproducts is
prohibited.

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