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ENTREPRENEURSHIP QUARTER 2- MODULE 8 To solve the problem, we compute the first cost of 10 x 12꞊
Computation of Gross Profit 120 bottles
Since each box costs P12,000.00 and Rodrigo bought 10 boxes, we get
WHAT I KNOW Cost꞊ P 12,000.00 (10) ꞊p120,000.00
1.
Rodrigo can expect that the net sales he will get upon selling 10 boxes
2.
consisting of 120 bottles
3.
4.
Net Sales ꞊1,500 (120) ꞊P180, 000.00
5.
6. Thus has
7.
8. Profit ꞊Net Sales—Costs
9.
10. ꞊180,000.00 - 120, 000.00
11.
12. ꞊P60,000.00
13.
14. Whats More?
15.
Cost of one dozen smartphones ꞊꞊P120,000.00
WHAT S NEW
Discount꞊꞊5%
ACTIVITY 1
Solution;
Given of 10 boxes of perfumes contain a dozen of bottles Discounted cost꞊꞊P120,000.00 – (5/100) × P200,000.00꞊P190,000.00
Business owner 1:
Annie sold the remaining half of dozen smartphones (6 units) at
P12,000.00 per unit, so she earned; 1. What made him motivate to start a business?
Revenue꞊ 6×P12,000.00꞊ P72,000.00 - Wealth creation is one of the factors that motivate him to become an
entrepreneur.
Loss on this sale꞊ 6×15,833.33-P72,000.00꞊ -P4,999.98
2. What is the nature of his business?
Therefore, her profit or loss in creative to stand out and attract costumers
amidst the competition. They come up with unique products, services, or - Food bending Mini Store
marketing strategies that are tailored to the need and preferences of their
target costumers. they also find a ways to improved their products or 3. How much capital involved?
services to keep up with changing market trends. Overall creatively plays
vital role in the success of small business. - 30,000
2. Yes, I would consider the daily business practices of small business - 2 years of existence
owners within the concept of entrepreneurships. Entrepreneurship is not
only about starting a new business but also about managing and growing a 5. Did you consider the population of the community?
business. Small business owners have to make various decisions and take
- Yes, when doing business you need to consider the populations in the
calculated risk to ensure the success and sustainability of their business.
community in order to have a successful business.
They have to identify new opportunities, manage resources effectively, and
innovate to stay ahead of the competition. These daily business practices
are integral to the concept of entrepreneurship as they reflect the
entrepreneurial mindset and behavior required to succeed in the business
Business owner 2: