ENTREPRENEURSHIP

Unit of Competency : Recall the Duties and Functions of Enterprise Owner

Module Title : Recalling the Duties and Functions of Enterprise Owner

Module No. 2
 HOW TO USE THIS MODULE
Welcome to the Module “Recalling the Duties and Functions of Enterprise Owner”.
This module contains instructional materials and activities for you to complete.

The unit of competency “Recall the Duties and Functions of Enterprise Owner contains the knowledge,
skills and attitudes required for the course Entrepreneurship.

You are required to go through a series of learning activities in order to complete each of the learning outcomes of the
module.
Follow these activities on your own and answer the Self-Check at the end of each learning activity.

If you have questions, don’t hesitate to ask your teacher for assistance.
COURSE : ENTREPRENEURSHIP IV
UNIT OF COMPETENCY : Recall the Duties and Functions
of Enterprise Owner
MODULE TITLE : Recalling the Duties and Functions of an Enterprise Owner
MODULE DESCRIPTION : This module covers the
knowledge, skills and attitudes
required in recalling the duties and functions of an enterprise owner.
SUGGESTED DURATION : 10 Hours
SUMMARY OF LEARNING OUTCOMES:
Upon completion of the module the students should be able to:
LO1 Recall the duties and functions of an enterprise owner.
 WHAT WILL YOU LEARN?
At the end of this module, you are expected to recall the duties and functions of an enterprise owner.

WHAT DO YOU ALREADY KNOW?

PRE TEST
Let us find out how much you already know about the duties and functions of an enterprise owner. Answer the questions below honestly.
Write the letter only of your chosen answer in your activity notebook:
1.The management approach that supports the principle of putting the right person in the right job is called___________.
A.behavioral approach
B.contingency approach
C.scientific management approach
D.systems approach
2.The diagram that shows the position of a person in the company and the corresponding authorities, responsibilities and
accountabilities of such position is called a ___________.
A.accountability diagram
B.conduct job analysis
C.organizational diagram
D.status symbol
3.This is one of the steps in learning your personnel requirements.
A.assess the strength and weaknesses of the present employees
B.conduct job analysis
C.determine the workload in the company
D.all of the above
4.One way to meet extreme needs is through_________.
A.insurance plans
B.promotion
C.rest period
D.water to drink
5.A grievance system is a form of which type of communication?
A.Downward communication
B.Upward communication
C.Lateral communication
D.Horizontal communication
6.A leadership skill that refers to the ability to grasp the relationship of
different parts into an integrated whole and to analyze data is
called____________.
a. conceptual skill
b. human relations skill
c. technical skill
d. all of the above

7.This type of leader leaves his subordinates alone to establish their goals and
solve their problems.
e. autocratic leader
f. democratic leader
g. people – oriented leader
h. task – oriented leader

8.They represent the needs towards which all organizational efforts are
directed.
i. budget
j. objectives
k. policies
l. rules

9.In Maslow’s Model of Hierarchy of Needs, the level that refers to the need to
develop one’s potential and creation to the fullest is called __________.
m. esteem needs
n. security
o. self – realization
p. social needs
10. The term that refers to the evaluation of the overall performance
of the firm is called______________.
a. employees evaluation
b. operational control
c. organizational control
d. qualify control
 LESSON 1
DUTIES AND FUNCTIONS OF AN ENTERPRISE OWNER

WHAT IS THIS LESSON ALL ABOUT?

This lessons the recalls the duties and functions of an enterprise owner.

WHAT WILL YOU LEARN?

At the end of this module you shall be able to:
1.Recall the duties and functions of an enterprise owner

LET US STUDY:

WORDS TO STUDY
Planning is thinking before a particular task is done.
Organizing means assembling the essential resources to execute the
developed plans.
Directing involves the guiding, leading and supervision of the
employees for the achievement of organizational goals
Staffing is the proper and effective selection, appraisal and
development of personnel to do the jobs and fulfill the roles in the
structure.
Controlling means making sure that activities done in the
enterprise are in conformity with what has been
planned.

As you have previously learned, entrepreneurs plan and organize resources and run the business.
This denotes ownership of the
 enterprise. Managers may or may not be necessarily the owners of the
company although they run it. They can be just mere employees.

The functions of management are uniquely described as manager’s

job. Managerial functions are the same for all organizations regardless of size
or type. The only difference is the amount of emphasis given to each staffing,
directing and controlling.
PLANNING
This is the function of management that involves setting of objectives and determining
the course of action for achieving these objectives.

PLANNING
1.Environmental scanning
2.Establishing objectives
3.Identifying alternative courses of action
4.Evaluating various alternatives.
5.Making decisions about the best course of
action.

TACTI STRATE OPER

ATIO
CAL GIC NAL
(Inter (Long – (Short-
mediat range) range)
e–
range)
ORGANIZING
The task of organizing involves defining the specific activities
necessary to achieve the enterprise goals, clustering the activities
into departments or job positions and designating the personnel to
head and compose each department.

A diagram showing the organizational relationships of

the position and their corresponding authority, responsibility and
accountability is called the organizational chart.

Authority is the right that a manager has to require a

subordinate to accomplish something. Authority can be delegated.

Responsibility is the duty of the manager that one has to

fulfill in connection with the performance of his job. Responsibility
cannot be delegated.
Accountability, like responsibility cannot be delegated.
This is the situation of being answerable to higher authorities.
TYPES OF ORGANIZATION
•Line Organization
Direct command of superiors over workers who accomplish the task. The officers
of the operating units receive orders from their higher authority and relay to their subordinates.
Example:

MANAGER

SUPERVISOR

FOREMAN

WORKERS

 Line and Staff

The president hires to handle specialized activities which a line officer
can not handle the legal counsel helps and advise the president and
does not have authority over the line employee.

PRESIDENT

LEGAL
OFFICER

MARKETING
MANAGER PRODUCTION ADMINISTRATIVE
OFFICER OFFICER
 FUNCTIONAL TYPE

This structure focuses on the functions or types of

activities in each unit. It is expected that the worker has one or
more immediate supervisor

Example:

MANAGER

Supervisor

Leadman

QUALITY PRODUCTION
CONTROL MANAGER
OFFICER

WORKERS
WORKERS WORKERS

 Committee Type

This form of organization represents a group of persons who may fulfill functional
staff or line duties, as contrasted with a one – man performer who runs the organization
single – handedly. An example is an executive committee which is tasked to plan and
formulate decisions in a company.
STAFFING
The organizational framework needs to be flashed out by people
who will man the positions.
FOUR ESSENTIAL STEPS

Design an
Improvement
Plan
Examine
Present Recruitment
Personnel Training and
Development
Assessment of
Job Analysis
Workers’ skills,
strengths,
weaknesses,
Workload potentials
Assessment Wokers vs.
Required Skills
and Abilities

Quantity and
Quality of
Personnel
Needed
Directing involves putting your plans into effect.

BEHAVIORAL APPROACH
(Ex. Maslow’s Hierarchy of
Needs)

MOTIVATION LEADERSHIP SKILL

upward

Communication lateral

downward

CONTROLLING

Making sure that what is done in the

enterprise conforms with what has been planned.
 CHARACTERISTICS OF CONTROLLING

•Proper Activities
•Timely
•Cost – effective
•Accurate

Compare Performance

Measure Actual

Set Performance
Measurement

Establish Standard
ACTIVITY:
Fill in the diagram with the five (5) basic functions of an enterprise owner.

1.
2.
3.
4.
5.

ENTERPRISE
OWNER
 LET US REMEMBER
In a business enterprise, it is important to have an organizational structure because it determines
the level of authority, duties and functions of each manager and worker.

LET US APPLY WHAT YOU HAVE LEARNED

Given your knowledge of the duties and functions of an entrepreneur, put a check mark in YES if you are appropriately doing your part as an
entrepreneur. Put a cross mark X
In NO if you do not do your duties functions.

DUTIES AND FUNCTIONS YES NO

1.Planning
Do you have a clear plan on what is to be done, when, how and by
whom it should be done?
2.Organizing
Are your specific activities well defined?
3.Staffing
Do you have proper and effective selection, appraisal and development
of personnel to do the job?
4.Directing
Can you communicate well with your clients?
5.Controlling
Are you well aware of the quantity of your products or services number
of customers or clients and quality of products or services?
POST TEST
Multiple Choice:
Direction: Answer the questions below honestly. Write the letter of the correct answer in your quiz notebook.
1.The management approach that supports the principle of putting the right person in the right job is called.
a.behavioral approach
b.contingency approach
c.scientific management approach
d.systems approach
2.The diagram that shows the position of a person in the company and the corresponding authorities responsibilities
and accountabilities of such position is called a ___________.
a.accountability diagram
b.conduct job analysis
c.organizational diagram
d.status symbol
3.This is one of the steps in learning your personnel requirements.
a.Assess the strength and weaknesses of the present employees
b.Conduct job analysis
c.Determine the workload in the company
d.All of the above
4.One way to meet extreme needs id through_________.
a.Insurance plans
b.Promotion
c.Rest period
d.Water to drink
5.A grievance system is a form of which type of communication?
a.downward
b.upward
c.lateral
d.horizontal
6.A leadership skill that refers to the ability to grasp the relationship of different parts into an
integrated whole and to analyze data is called____________.
a. conceptual skill
b. human relation skill
c. technical skill
d. all of the above

7.This type of leader leaves his subordinates alone to establish their goals and solve their problems.
e. autocratic leader
f. democratic leader
g. people – oriented leader
h. task – oriented leader

8.They represent the needs towards which all organizational efforts are directed.
i. budget
j. objectives
k. policies
l. rules

9.In Maslow’s Model of Hierarchy of Needs, the level that refers to the need to develop one’s potential
and creation to the fullest is called __________.
m. esteem needs
n. security
o. self – realization
p. social needs
10. The term that refers to the evaluation of the overall performance
Of the firm is called______________.
a. employees evaluation
b. operational control
c. organizational control
d. qualify control
RESOURCES:

-Assessment tools
-Learning guide
-Business planning
REFERENCES:
-Anderson, P. and Pulich “Managerial Competencies Necessary in Today’s Dynamic Health Care Environment.
Heath Care Manager 21, no.2 (2002)
-Carrol, Stephen J., and Dennis J. Guillen. “Are the Classical Management functions useful in
Describing managerial Work?”; Academy of Management review 12 no.1 (1980:38-51)
-SEDP Book
www.coolclips.com
KEY TO CORRECTION
1.C
2.C
3.D
4.D
5.B
 ACKNOWLEDGMENT
Copyright Department of Education 2009
This module was based on the Writeshop on the Development of the Competency-Based
Curriculum (CBC)
for Entrepreneurship for Technical Vocational High School conducted at Marikina Hotel
Marikina City, May 25 – 30, 2009
This learning instrument was developed by the following personnel:
Dr. Reynaldo M. Valdez
Jones Rural School
Group Leader
Dr. Celedonia T. Teneza
Benigno Aquino High School
Mr. Gilbert Camayang
Cabrroguiz National School of Arts and Trade
Mr. Alfonso P. Rodriguez Jr.
Muntinlupa Business High School
Mr. Fernando C. Agustin
Bukig National Arts and Trade School
Mrs. Leona M. Tomas
San Pedro National High School
Writer/Facilitator:
Mr. Rene G. Delfino
Muntinlupa Business High School
Editor: Dr. Estrellita Evangelista
Encoder: Mrs. Marisol E. Saldivar
Funding: Department of Education
 ACKNOWLEDGMENT
Copyright Department of Education 2009
This module was based on the Writeshop on the Development of the Competency-Based
Curriculum
(CBC) for Entrepreneurship for Technical Vocational High School conducted at
Marikina Hotel Marikina City, June 5 -7, 2009
This learning instrument was developed by the following personnel:
Dr. Reynaldo M. Valdez
Jones Rural School
Group Leader
Dr. Celedonia T. Teneza
Benigno Aquino High School
Mr. Alfonso P. Rodriguez Jr.
Muntinlupa Business High School

Writer/Facilitator:
Mr. Rene G. Delfino
Muntinlupa Business High School
Editor: Dr. Estrellita Evangelista
Encoder: Mrs. Marisol E. Saldivar
Funding: Department of Education
 TABLE OF CONTENTS
Module Title: Familiarizing Learners with the Page
Duties and Functions of Enterprise
Owner
How to Use This Module . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Summary of Learning Outcome . . . . . . . . . . . . . . . . . . . . . . . . . 2
What Will You Learn
What Do You Already Know
Pre – Test . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Lesson 1: Duties and Functions of an Enterprise
Owner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Acknowledgement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
What is this Lesson About
What Will You Learn . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Let Us Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Activity
Let Us Remember
Let Us Apply What You Have Learned . . . . . . . . . . . . . . . . . . . . 11
•Post Test
How Much Have You Learned . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Post Test
Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Key to Correction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15