ENTREPRENEURSHIP

Quarter 2: Module 1
 LEARNING COMPETENCIES

1. Describe the 4M’s of operations in relation to the

business opportunity.
2. Develop Product Description
 VIDEO ANALYSIS

Based on the video, what do you think are the 4M’s in

business operations?

MANPOWER METHOD
MACHINE MATERIALS
 4M’s of Operations
The most serious issues in the whole production
system are the inputs and the transformation
process. Their quality determines the quality of the
output.
The factors involved in the input and the
production process are usually referred to as the
Four M’s of production, namely Manpower, Method,
Machine, and Materials.
4M’s of Operations
MANPOWER
 These are the workers.
When setting up a business,
MANPOWER finding honest and capable
people is always a challenge.
These are employees that
processes and give insights
on how to reduce cost and
increase productivity to
achieve a better business
result.
To look for the right employee for the business operation,
the following are the kind of staff one should have:
1. Skilled
2. Well qualified and well verse in business
3. Responsible
4. Dedicated and committed to work
5. Honest and with integrity
6. Able to attain targets and set goals
7. Loyal
8. Team player
MACHINE
 A machine is a mechanical structure
that uses power to apply forces and
control movement to perform an
intended action. It is controlled by
people or a machine itself to produce
the necessary or required number of
MACHINES productions needed.
Aside from manpower the use of
machinery is important nowadays to
make the process of production more
effective and efficient.
 MACHINES
You may be able to use the manpower to do
a particular job but it is usually more efficient if
machines are able to automate the work.
The right machine equipment can improve your
processes, productivity, and capacity to innovate.
Not only will you save time and resources, but
you’ll also avoid costly quick fixes.
 MACHINES
Keep this in mind if you want to purchase a
machine/equipment for your business:
1. Assess your business reality
2. Invest in digital technologies
3. Create a technology roadmap
4. Shop around for suppliers
5. Keep training in mind & think safety first
6. Keep it green
METHOD
 Refers to the system and step by step
process in the business.
Production method discusses the
process or way of transforming raw
METHOD materials to finished products. The
resources undergo some stages before it is
finalized and becomes set for delivery to the
target buyers.
Without a scalable process, it would be
difficult to expand the business. This means
that the methods used in the main branch
must be documented and must be
replicated as well in other branches.
MATERIAL
 Talks about raw materials necessary
in the production of a product. Materials
mainly form part of the finished product.
MATERIAL Just in case the resources are below
standard, the finished product will be of
unsatisfactory as well.
The entrepreneur may consider cost,
quality, availability, credibility of suppliers
and waste that the raw material may
produce.
 Assessment
1. It is a detailed procedure for accomplishing a
particular job used when developing or
innovating new product or service and
expanding a business enterprise.

METHOD
2. These are used to make new products

MATERIALS
3. It is a mechanical structure that uses power to
apply forces and control movement to perform an
intended action.

MACHINE
 MANPOWER
4. _____________ talks about human labor force
involved in the manufacture of products. It is
measured as the most serious and main factor of
production.
 Product Description
• A marketing strategy that explains what a product is and
why consumer will buy it.
• The very purpose and objective of the such is to provide
information such as features and benefits to wide range
of consumer to attract them and compelled them to buy.
What to consider in making
a Product Description
Know your target market
Focus on the product benefits and tell the full story
Use natural language and tone

Use power words that sell

Make it easy to scan
Example of Product Description
Example of Product Description
 Performance Task 1
Create a flyer that shows the product description of the foods that you will
sell for the food fair.
Rubrics