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ENTREPRENEURSHIP

Grade 12 – STEM, ABM,


HUMSS, TVL
Prayer:
Content Standard
The learner demonstrates understanding
of concepts, underlying principles, and
processes of developing a business plan.
Performance Standard
The learner independently or with
his/her classmates presents an
acceptable detailed business plan.
Objectives
01 02
Recognize a potential market Analyze the market need

03 04
Determine the possible product/s or Screen the proposed solution/s based
service/s that will meet the need; on viability, profitability, and customer
requirements; and

05
Select the best product or service that
will meet the market need.
TLE_ICTAN11/12PC-Ia-1
Key Components and
Relevance of
Entrepreneurship
RECAPITULATION

Share your enrichment activity 


ENRICHMENT
Directions: Research on the life story of at
least three (3) entrepreneurs in your locality;
identify how they started their business. Ask
how much was their start-up capital.
What I Know

Directions: Read and analyze the given


statement. Choose the letter of the best
answer. Write it on your answer sheet.
What I Know
1. The following statements describes entrepreneurship, except

a. Entrepreneurship involves a continuous search for new ideas.

b. Entrepreneurship is a science of converting ideas into business.

c. Entrepreneurship refers to the concept of developing and managing a business


venture in order to gain profit by taking several risks in the corporate world.

d. Entrepreneurship is making sure a company is making profit but doesn’t focus


on innovation.
What I Know
2. They are innovators, willing to take risks and generate new ideas to
create unique and potentially profitable solutions to modern-day
problems. They are those who undertake the risk of new enterprises.
a. Doctors
b. Engineers
c. Frontliners
d. Entrepreneur
What I Know
3. When an entrepreneur introduces innovative solutions to
any obstacles and problems in the enterprise, he is a
a. planner
b. proactive
c. risk-taker
d. problem-solver
What I Know
4. .Steve Jobs created a whole new industry for gadgets for music and boosted
the music industry with his invention of the iPod and the downloading of
music through iTunes. Apple, the company he founded, saw its sales grow by
leaps and bounds with these products. This type of entrepreneurial enterprise
involve

a. an existing business and new concept

b. a new concept giving rise to a new business

c. an existing concept and an existing business

d. an existing concept giving rise to a new business


What I Know
5. Possession of luxury cars, computers, mobile phones, rapid growth of
shopping malls, etc. all these are due to the efforts of entrepreneurs
therefore, entrepreneurship is
a. creation of organizations
b. a means of economic development
c. development of managerial capabilities
d. a means of improving standard of living
What is it?

What is the role of an


entrepreneur in development of
the country?
Qualities of Entrepreneurs:
A Self-Assessment
o This entrepreneurial self-test is will help you determine if you
possess some basic traits needed by an entrepreneur. The
results of the self-test and self-examination of the guidelines
can be a starting point in the discovery of your strengths and
weaknesses, and areas for improvement. The findings can
either be a source of encouragement, for those who seem to
possess the traits to be an entrepreneur, and who want to be
an entrepreneur. But for those who did not receive very
encouraging results, it is not yet the end but the start of your
journey.
Instruction: Examine yourself on your own
personal characteristics and see if you possess
some of the entrepreneurial traits. Check out,
too, which areas you can improve on. As
truthfully as you can, check your answer on the
following statements.
Scores per answer:
Yes – 3 points
Maybe – 2 points
No – 1 point
Total Score Interpretation:
60-75 - You have the qualities of an entrepreneur.
48-59 - You have the potential but need to push yourself.
37-47 - You may want to start a business alone.
Below 37 - Self-employment may not be for you.
Developing Mastery
Fill up the sheet below based on the score findings and interpretations you
obtained.
1. Name: _____________________________________________
2. Total Score: _________________________________________
3. Total Score Interpretation: ______________________________
4. My entrepreneurial qualities that I need to improve (where I answered
“No”)
What’s More
What is the importance of knowing your
personal characteristics and your
entrepreneurial traits?
What I Have Learned

How can personal characters and


entrepreneurial traits affect the
business?
Assessment:
After assessing your self what are the
personal characters that you want to
improved to become a better entrepreneur?
Enrichment
“From Scrap to Craft”
Directions: Make one (1) product of your own using
any used materials you can find from your home.
On a sheet of paper, you also have to write your
experience in making the product. Bring the
finished project it tomorrow.
Thank you! 

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