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4Ms Lesson 2
4Ms Lesson 2
4Ms Lesson 2
(4Ms of Operations)
Lesson 2
Product Description and
Prototyping
Entrepreneurship
Senior High School Applied - Academic
What is the best way to
describe your product?
A product
description is a
format of presenting
information about a
product.
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Product Satisfying Features
Design
Design can improve the marketability of the
product through its appearance. A distinct
design may differentiate the product from
others in the market.
Product colors
Color is an important consideration for
products. The use of the right color
combination is appealing to the customers.
Product quality
Product quality is the collection of
characteristics of a product that contributes to
its ability to fulfill and meet the requirements
of the end users.
Product warranty
It is a feature where the buyer is assured that
the product being purchased meets the
specification stated in the product label.
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Guide in Writing a Product Description
Situationer:
A businessman who sells bags online creates a
description of his product to attract customers.
Product Description
Add a sophisticated vibe to your office wear with this well-made, modish
shoulder bag by Elle.
● Synthetic leather
● Nylon lining
● Interior: slip pockets, zip pockets
● Exterior: back zip pocket
● Dual grab handles
● Adjustable crossbody strap
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Tip
A prototype is a
working model of
entrepreneurial ideas
for a new product.
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Prototypes Based on What They Represent
Functional prototype
This type is designed to imitate the function of
the real product as close as possible no matter
how different it may look from the actual
product.
Display prototype
This type is designed with more focus on the
appearance rather than on the functions. This
prototype may or may not function but should
represent the same look like the actual product.
Miniature
The miniature is a smaller version of the
product that is focused on the functional and
display aspects of the product.
Throwaway prototype
This type will eventually be discarded or thrown
away rather than becoming part of the actual
product. Throwaway prototypes are also called
close-ended prototypes.
Evolutionary prototype
The evolutionary prototype involves building a
basic but strong type that can further improve
and build to form an actual product.
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Steps in Building the Product’s Prototype
3. What is a prototype?
4. How do entrepreneurs encourage
customers to buy their products?
5. What is the difference between a throwaway
and an evolutionary prototype?
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Questions
Part B.
Search one product that a customer can buy
online. Assess the features and benefits a
customer may get in buying the product.
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Wrap Up
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Bibliography
Drucker, Peter. Innovation and Entrepreneurship: Practice and Principles. New York: Harper & Row, 1985.
Gregory, Allysa. “Why you should create a prototype for your small business.” The Balance Small Business.
Accessed April 15, 2020.
https://www.thebalancesmb.com/why-you-should-create-a-prototype-for-your-small-business-41730
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.
Hisrich, Robert, Michael Peters, and Dean Shepherd. Entrepreneurship 9th edition. Mc-Graw-Hill
International Edition, 2013.
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Bibliography
Matson, Marquis. “8 easy rules to write product descriptions that sell (with examples).” ReferralCandy.
Accessed April 15, 2020.
https://www.referralcandy.com/blog/product-descriptions-that-sell/#easy-to-scan.
Nelson, Cherie. “4 steps to build your product’s first prototype.” Athgo. Accessed April 15, 2020.
http://athgo.org/4-steps-build-products-first-prototype/.
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