Business

Quarter 4 Principles,
– Module 3
Tools, and Techniques
in Participating in
Various Types of
Industries in the
Locality
 The Types of Industries in the
1.Agriculture Philippines
2.Manufacturing
3.Retail or Merchandising
4.Tourism
5.International Trade
6.Banking/Financial Institutions
7.Outsourcing
8.Construction
 1.
Agriculture
o The Philippines has predominantly
always been an agrarian economy.
Being a tropical country, the
Philippines holds a massive agrarian
land mass and also produces healthy
poultry and livestock.
 Examples of industries in the
agricultural sector:

poultry aquaculture crop farming livestock

2. Manufacturing
o This refers to the processing of raw
material into finished products and into
something more useful through the use
of tools and process that allows
individuals and business to add value to
the products, selling them at a higher
price in the market thus, marketing
manufacturing a profitable endeavor.
Manufacturing
3. Retail or Merchandising
o These consists of establishments that
purchase products from other businesses
or manufactures and sell them to
consumers. Merchandising companies
usually have merchandising inventories in
their current assets account. They usually
generate profit by providing markup prices
on their goods available for sale.
 Examples of retailers and
merchandising companies:

sari-sari Wilcon
Department stores
store Depot
4. Tourism
o Tourism in the Philippines is very well
known since our country has a very rich
biodiversity of tourist attraction. From
beaches, heritage towns, monuments,
mountains, resorts, rainforest, island and
diving spots.
o Tourism brings in tremendous benefits
in terms of economic stability,
especially for small islands and
provinces. With the Philippines being an
archipelago, many of our islands rely on
tourism for livelihood.
Tourism
5. International Trade
(Exports and Imports)
o This refers to the exchange of goods
and services between countries.
Simply, it means the export and import
of goods and services. Exports means
selling goods and services out of the
country, while import means goods and
services flowing into the country.
International Trade (Exports and Imports)
6. Banking/Financial Institutions
o A financial institution (FI) is a company
engaged in the business of dealing with
financial and monetary transactions
such as deposits, loans, investments,
and currency exchange.
o Financial institutions encompass a
broad range of business operations
within the financial services sector
including banks, trust companies,
insurance companies, brokerage firms,
and investment dealers.
Banking/Financial Institutions
7. Outsourcing
o It is a business practice in which a
company hires a third-party to
perform tasks, handle operations or
provide services for the company
o Business outsourcing or BPOs have
been one of the fast-paced and rapidly
expanding industries in the Philippines.
BPOs have emerged as the top
contributors to the Filipino economy.
Outsourcing
8. Construction
o This refers to the branch of
manufacture and trade based on the
building, maintaining ang repairing
structures. This includes drilling and
solid mineral exploration.
o The Department of Trade and Industry
(DTI) has recently stated that the Filipino
Government is opening up the
construction industry to foreign investors
with the idea that these investors can
potentially become local contractors by
providing them construction permits.
o Taking part in the infrastructural
development of the country will ensure
its rise into becoming an infrastructure
hotspot for Filipino engineers as well as
foreign investors.
 Applying Principles, Tools and
Techniques in Creating a Business
1.VMOST analysis
2.PESTLE
3.SWOT
4.TOWS analysis
5.Porters five forces
o There are many principle tools,
techniques and strategies that can
be applied in creating a business.
The challenge is selecting the best
approach, tools and techniques to
use in a given business
situation/problem or opportunity.
 CASE
#1
The owner of XYZ management is having a
bad time in the market during this pandemic
since there are only a few people coming in
the store lately. He suspected that some
factors might be because of the rise of the
buying power of the consumers which enable
them to bargain more to the sellers.
 CASE
#1
In which some of his competitors
might have offered discounts to their
customers to gain more sales. What do
you think is the best analysis to re-
evaluate the company’s status on the
market over his competitors?
 CASE
#2
Maria is planning to open up a food-
stop shop near the bus stop. Since their
house is near the bus stop, she thought
that it will be an advantage to open the
shop since there are no rental to pay since
the shop she is planning to open is just an
extension of the front of their house.
 CASE
#2
But she is a bit reluctant to this idea
since there are already few shops in the
locality which would make them as her
competitors. What do you think is the
type of analysis best suited to her
situation?
 CASE
#3
Ivan is anIT graduate, who lately
resigned from his work to open up a
computer shop which would cater
computer servicing and selling of
computer equipment, accessories and
computer set as well. He planned this idea
since he was still a student in which his
 CASE
#3
mission is to cater the computer needs
within their locality since there are no
one yet to open a computer shop in their
rural area. What do you think is the best
analysis to prepare to help assess the
marketability of the of his plan?
oThere are many definitions, tools, and
techniques that could be addressed in
the application for creating a business.
The ones mentioned here are only the
tip of the iceberg for strategy analysis
and become a foundational part of the
strategy analysis toolkit. In a short,
there is no way to mention them all