Technology and Livelihood Education

Identifying the Buyer

and the Seller and Produce
Simple Products
First Quarter ICT lesson
 Technology and Livelihood Education
WHAT YOU KNOW
A person who starts a business and is willing to risk loss in order
to make money.
entrepreneur buyer
An entrepreneur is an a person employed to select
individual who creates a and purchase stock or
new business, bearing most materials for a large retail or
of the risks and enjoying manufacturing business.
most of the rewards
 Technology and Livelihood Education
WHAT YOU KNOW
This person owns or manages the store or business establishment
and offers goods, products, or services to those who need it.

seller
Sellers are individuals or
entities that are involved in
exchanging goods and
services in exchange for cash
buyer
a person employed to select
and purchase stock or
materials for a large retail or
manufacturing business.
 Technology and Livelihood Education
WHAT YOU KNOW
A financial gain, especially the difference between the amount earned
And the amount spent in buying, operating, or producing something.

profit
Profit, in accounting, is an income distributed to the owner in a
profitable market production process. Profit is a measure of
profitability which is the owner's major interest in the income-
formation process of market production
 The Ideal Entrepreneur
According to Merriam-Webster
dictionary, an entrepreneur is “a
person who starts a business and is
willing to risk loss in order to make
money.” He or she “organizes,
manages, and assumes the risks of a
business or enterprise.”
 This means an entrepreneur is
someone who is willing to put up the
capital needed to set up a business
fully aware of the risks involved. He
or she plans, organizes, and manages
the business, hires the people to
help run it, and ensures that the
product or service being offered is
sold at a reasonable price in order to
earn.
FAMOUS SUCCESSFUL FILIPINO ENTREPRENEURS

started working as a salesgirl

when she was 18 yrs. old in
Goodwill Bookstore in Escolta.
She was good in selling, that’s
why she became in charge of
the store.
SOCORRO C. RAMOS
FAMOUS SUCCESSFUL FILIPINO ENTREPRENEURS

formerly selling Magnolia Ice

Cream, then it was recognized
as selling chicken and burger.

TONY TAN CAKTIONG

What type of business do you want to get into?
A service is a transaction in
which no physical goods are
transferred from the seller service
to the buyer. The benefits
of such a service are held to
be demonstrated by the
buyer's willingness to make
the exchange.
FAMOUS SUCCESSFUL FILIPINO ENTREPRENEURS

What do you think are the secrets of their success

in entrepreneurship?

vision Hard work

The heart of an
entrepreneur
What type of business do you want to get into?

a product is an object or
system made available for
consumer use; it is anything Product
that can be offered to a
market to satisfy the desire
or need of a customer.
The Buyer The Seller
a person are individuals or
employed to entities that are
select and involved in
purchase stock or exchanging
materials for a goods and
large retail or services in
manufacturing exchange for cash
business
PERFORMANCE-BASED ACTIVITY AT HOME
Cook and sell authentic, home-cooked dishes
Start making money from your kitchen by selling
your homemade dishes to your neighbors

1. Ginataang Langka with Pork

2. Ginataang Kalabasa
3. Pinakbet
4. Polvoron
5. Pastillas
PERFORMANCE ACTIVITY
1. Ginataang Langka with Pork
Ingredients
20 oz. unripe jackfruit chopped
10 oz. pork cubed
2 cups coconut milk
4 pieces chili pepper chopped (optional)
1 medium onion sliced
1 teaspoon minced garlic
1 tablespoon fish sauce
1/4 teaspoon ground black pepper
2 tablespoons cooking oil
Instructions
Heat the cooking oil in a pan.
Once the oil becomes hot, sauté the onion and
garlic.
Add the pork. Cook until medium brown.
Pour the coconut milk in the pan. Let boil. Cover
and simmer for 20 minutes. Add water if needed.
Add the ground black pepper, chili, and fish
sauce. Stir.
Add the jackfruit. Stir and cook for 5 to 7
minutes.
Transfer to a serving bowl. Serve.
Share and enjoy!
PERFORMANCE ACTIVITY
2. Polvoron
Ingredients Procedure:
1 1/2 cups powdered milk 1. Toast the flour until brown in color.
Remove from heat. Let it cool.
2 cups all-purpose flour 2. Melt the butter. Set aside.
(toasted) 1 cup sugar 3. Combine powdered milk, sugar, and toasted flour.
3/4 cup melted butter 4. Add the melted butter and mix until well combined. Make
sure
you break the lumps while stirring the mixture.
5. Divide Polvoron mixture if you want to add other flavors (2
tbsp of each like peanuts, cashew, etc.).
6. Press the mold in the Polvoron mixture till you have filled up
the
cavity, it is okay even if it is overflowing a bit.
PERFORMANCE ACTIVITY
3. Ginataang Kalabasa
Ingredients
Procedure:
vegetable oil
1. Toast the flour until brown in color.
onions Remove from heat. Let it cool.
garlic 2. Melt the butter. Set aside.
ginger 3. Combine powdered milk, sugar, and toasted flour.
kalabasa (kabocha squash) 4. Add the melted butter and mix until well combined. Make
water sure
pure coconut milk or coconut you break the lumps while stirring the mixture.
cream 5. Divide Polvoron mixture if you want to add other flavors (2
tbsp of each like peanuts, cashew, etc.).
salt
6. Press the mold in the Polvoron mixture till you have filled up
moringa or spinach leaves
the
green onions cavity, it is okay even if it is overflowing a bit.
pepper