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ENTREP-9 - 2nd Q

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0% found this document useful (0 votes)
183 views25 pages

ENTREP-9 - 2nd Q

Uploaded by

sheirasindinga
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Departme nt of Education Region

IV-A - CALABARZON Schools


Division of Calamba City

SELF-LEARNING MODULE

GRADE 9

ENTREPRENEURSHIP
Quarter 2 – Module 1

Module Development Team

Writers: Rizamia E. Calipay


Shirley F. Ceriales
Bernarda Beguico
Jenifer M. Alcira
Department of Education│R4A│Division of Calamba City
Office Address: DepEd Bldg., City Hall Compound, Brgy. Real, Calamba City

For DepEd Division of Calamba City USE only. Please send your feedback and suggestions to
lrmds.depedcalamba@deped.gov.ph or call 049–554 9830 loc.
Republic Act 8293, section 176 states that: No copyright shall subsist in any work of
the Government of the Philippines. However, prior approval of the government agency
or office wherein the work is created shall be necessary for exploitation of such work for
profit. Such agency or office may, among other things, impose as a condition the payment of
royalties.

Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand names,
trademarks, etc.) included in this book are owned by their respective copyright holders.
Every effort has been exerted to locate and seek permission to use these materials
from their respective copyright owners. The publisher and authors do not represent nor
claim ownership over them.
Dear Parents,
The Schools Division of Calamba City is one with every Filipino family in coping with the
demands of our modern times amidst Covid–19 Pandemic.
The Division initiated Self Learning Module (SLM) aims to meet the most essential
learning competencies required to be learned by your child whether your child opts for online,
modular or blended learning modality. The learning activities in this SLM are arranged
chronologically from simple to complex to lead your child to think critically, act skillfully, and
reflect deeply on each lesson and practice into real life skills. Most importantly, this SLM
promotes self-paced learning as your child can
always review the least understood lessons as often as he/she pleases.
Thank you in advance for being one with us! Together, let us envision that, by the end of
this school year, we will see your child as one responsible young person with a heart and mind
for humanity, for nature, for the country, and for God.

Dear Learner,
Welcome to a brand-new year of learning!
This is our gift to you: The Division initiated Self Learning Module (SLM) that will help you
acquire the most essential learning competencies you needed as 21 st Century Learner through
the Pivot
4 A IDEA Model which compose of 10 parts.

Parts of the LM Descrip


tion
I
n
The teacher utilizes appropriate strategies in presenting the
What I need to MELC and desired learning outcomes for the day or week,
t
r
know purpose of the lesson, core content and relevant samples. This
o allows teachers to maximize learner awareness of their own
d What is new knowledge as regards content and skills required for the lesson
u
c
t
i
o
n
D
e The teacher presents activities, tasks, contents of value and
What I know
v interest to the learners. This shall expose the learners on what
e
What is in he/she knew, what he /she does not know and what she/he
l wanted to know and learn. Most of the activities and tasks
o
p
What is it must simply and directly revolved around the concepts to
m develop and master the skills or the MELC.
e
n
t
The teacher allows the learners to be engaged in various
E
n tasks and opportunities in building their KSA’s to
What is more
g meaningfully connect their learnings after doing the tasks in
a the D. This part exposes the learner to real life situations /tasks
g What I can do that shall ignite his/ her interests to meet the expectation,
e
m What else I can make their performance satisfactory or produce a product or
e do performance which lead him/ her to understand fully the
n skills and
t
concepts .
A The teacher brings the learners to a process where they
What I have
s learned shall demonstrate ideas, interpretation , mindset or values
s
i
and create pieces of information that will form part of
m What I can their knowledge in reflecting, relating or using it effectively
i achieve in any situation or context. This part encourages learners in
l creating conceptual structures giving them the avenue to
a
integrate new and old learnings.
t
i
o
n

Please take time to read and do the activities in these SLM as if you are reporting in
school. Set a regular study schedule for you as much as possible, but keep in mind that these
SLM will enable you to learn at your own pace. If you do not understand a lesson, the SLM
would not mind you flipping back the pages repeatedly for review. Also, remember to keep in
touch with your teachers. Send them a message through your online sessions or write them a
note as you do your modular activities.

We wish you good luck in your studies, and we hope that you will remain happy and
enthusiastic in learning
WEEK

1-2
IDENTIFY AND ANALYZE THE EXISTING PROBLEMS
AND NEEDS IN THE COMMUNITY WHERE THERE ARE
I BUSINESS OPPORTUNITIES

The lesson deals with the problems and needs identified in the community where
there are business opportunities.

DEFINITION OF TERMS

● Environmental Scanning is any of the various techniques through which


images/information are recorded or gathered from conditions, situations and
materials in the particular environment.
● Demography is the statistical study of human population and its distribution.

● Individual Interest is the skill or expertise of a person.

● Technology means improved products or services.

● Resources are available money, equipment and facilities.

● Trend is a practice or interest that is very popular for a short period of time

● Goods are products that are brought and sold in the business.

● Services are work done for others as an occupation or business.

● Technology is the system by which a society provides its members with those
things needed or desired.
● Industrial is anything having to do with the business of manufacturing products;
excludes utility, transportation, and financial companies.

D
HOW WOULD I KNOW THE NEEDS OF OUR COMMUNITY?

The initial step in identifying the needs of the community is through


environmental scanning. This can be done through:
● Interviews

● Sharing ideas with others

● Reading
● Observations

● Advertisement

Factors that can help identify the needs in the community

1. INDUSTRIAL INFORMATION
● are newspapers, technical and business journals that provide techniques
and information on business
2. LOCAL SPECIALIZED SKILL
● traditional skills of the people in the community
3. EVALUATION OF DEVELOPMENT PLAN
● developed plans which are still possible in the community
4. TECHNOLOGY
● are modern gadgets which can be utilized to identify business
opportunities
5. REVIEW OF OLD PROJECTS IN THE COMMUNITY
● old projects may become attractive when market or related production
factors have changed

E
Learning Task 2: Select the best answer.

1. The growth of industry always creates opportunities for establishing an enterprise.


What does this imply?
a. industrial information c. synchronization of plans
b. review of old projects d. technology
2. Read technical and business journals. The underlined words refer to ___________.
a. evaluation of development plans c. local specialized skills
b. industrial information d. review of old projects
3. Why is there a need for an entrepreneur to explore the economic, cultural, and social
conditions of the community?
a. To determine the number of population in the community
b. To discover the developed enterprise in the community
c. To find out the analytical skills among the professional in the community
d. To identify the problems, needs and business opportunities in the community
4. As an entrepreneur, how will you make your product more useful and of good quality?
a. change the brand of the product into a new one
b. seek assistance from the government
c. use your creativity and imagination
d. none of the above
5. When you identify the demands of the people then you are identifying the
______________.
a. Community Needs c. Local Specialized Skills
b. Industrial Information d. Technology

A
Learning Task 3: Identify at least five entrepreneurs in your community and
describe what kind of business each has. Then list one of their outstanding
characteristics.

SELECT APPROPRIATE BUSINESS


WEEK
OPPORTUNITIES BASED ON THE NEEDS
OF THE COMMUNITY 3-4
I

The lesson deals with the selection of appropriate business opportunities based
on the needs of the community.

DEFINITION OF TERMS

● Strengths are the capital, knowledge, skill or other advantage that a firm has or
can acquire over its competitors in meeting the needs of its customers.
● Weakness is a defect or shortcoming which increases the risk of a failure.

● Opportunity means a good position, chance, or prospect, as for advancement or


success.
● Threat is an indication or warning of probable trouble.

● SWOT stands for Strengths, Weaknesses, Opportunities and Threats

D
WHAT IS SWOT ANALYSIS

SWOT Analysis is a planning tool used to understand the Strengths,


Weaknesses, Opportunities, and Threats involved in a project or in a business.

● It helps you develop your career in a way that takes best advantage of
your talents, abilities and opportunities in your community.
● It helps you to focus on your strengths, minimize threats, and take the
greatest possible advantage of opportunities available in your community.

Factors involved in SWOT Analysis

1. STRENGTHS
i. Is the business in demand in your community?
ii. Is the product new in your community?
iii. Is it accessible to all?
iv. Will your community patronize it?
2. WEAKNESSES
i. What could you improve?
ii. What should you avoid?
iii. What factors would cause the loss of your sales?

3. OPPORTUNITIES
i. Where are the good opportunities facing you?
ii. What are the interesting trends you are aware of?

4. THREATS
i. What obstacles do you face?
ii. What is your competitor doing that you should be worried about?
iii. Could any of your weaknesses seriously threaten your business?

E
Learning Task 2: Read the story below and answer the given questions.

Ever since Nena was a young girl, she always liked to sew. Her love for sewing
prompted her to set up a business which included a variety of sewing activities. She
was in business as a sole proprietor but later set up the business as a corporation with
three shareholders, one of them being herself. She was the primary shareholder of the
business since she was the primary provider of service. Unfortunate family
circumstances occurred which prompted her to put practically all entrepreneurial
businesses on hold. She needed more reliable week-to-week steady income so she
decided to find a fulltime job working for someone else. Prior to making the new job
decision, Nena and the other owners liquidated the business.
Nena still had a lot of calls from people who wanted to do some work. So, she
started up the business again as a sole proprietor, using a “cottage industry” help
because of a lack of time to commit to the management function.
It has been often suggested to Nena that she revive her business. She would like
to do so in the future. She does, though, like her full-time position. If she starts up the
business again, she needs additional financing to buy necessary supplies and materials
to make a competitive comeback into the marketplace for “oversized handkerchiefs”.
Her target market has been tapped by small-time seamstresses since terminating her
business.
Nena would very much like to start up the business again but wants to find the
right kind of business ownership for her business. At the present time, she does know
anyone who has the skills/interests to work with her as a partner in the business. She
does know of several people who would be interested in putting money into the
business if she decided to either go into a partnership, with them being silent partners,
or make it a corporation. Use the problem-solving process to help Nena come up with a
practical decision.

A. Literal Comprehension
1. What is Nena’s problem/challenge?
___________________________________________________________________

2. List all possible alternatives that are available to Nena.

___________________________________________________________________

3. What criteria should Nena use in evaluating the alternatives?

___________________________________________________________________

Making Inferences
4. Why is there a need for Nena to start a new business?

___________________________________________________________________

Critical Thinking
5. Why is selecting business opportunities important?

___________________________________________________________________

B. Choose the appropriate business opportunities that can be identified based on the
given problem by putting a check mark on the second column of the table.

POSSIBLE BUSINESS OPPORTUNITIES MARK


1. Retailing
2. Wholesaling
3. Merchandise/Products Servicing
4. Manufacturing
5. Fishery/Agriculture

.Learning Task 1: Select the best answer.


1. When there is competition, then there is a___________ in business.
a. opportunity
b. strength
c. threat
d. weakness
2. The acronym for SWOT is _________.
a. Style, Wear, Operation, Tool. Store, Warehouse, On – line, Technology
d. all of the above_
b. Strengths, Weaknesses, Opportunities, Threa
.3. If the people in the community patronize your product, then your business has
a. Operation
b. Strength
c. Threats
d. Weakness
Which of the following questions can be categorized as an opportunity?
a. What could you improve?
b. What are the interesting trends you are aware of?
c. What obstacles do you face?
d. Is it accessible to all?

5. You encounter difficulty in hiring workers due to low salary. This is classified as
________________.
a. opportunity
b. strength
c. threat
d. weakness
WEEK

DIFFERENTIATES THE FORMS OF


5
I BUSINESS ORGANIZATIONS

This lesson will help you differentiate the forms of business organizations.

Words to Study
● Legal forms refer to the documents of ownership of a business.

● Business is a legally recognized organization designed to provide goods


and /or services to consumers.
● Enterprise is a business undertaking

● Proprietorship is the state or right of a proprietor or owner

● Liability refers to the amount that is owed.

● Transaction is a business deal or agreement

● Income is the gain or recurrent benefit usually measured in money that


derives from capital or labor

D
DECIDING THE BUSINESS OWNERSHIP
A business first exists in your mind is an idea. When this idea is developed and
put into writing, it becomes a plan. As you gather your resources be it material or human
resources, you are making your plan into a reality. And when you register it, it becomes
a legal entity, with appropriate rights and responsibilities.

Once you have identified your project or business, you are ready to organize and
set up your own enterprise. This means that you must decide on its forms of ownership
then later the location, hire and train personnel, raise funds, acquire machinery and
equipment, and finally register the business.

The term legal form refers to the form of ownership of a business. You may
decide to share ownership with other people if you are not the only source of project
ideas or if you do not have enough capital and experience to start the business on your
own.

SOLE PROPRIETORSHIP.
A sole proprietorship is a business unit owned and managed by only one person.
It is the simplest and most common form.
Most small businesses start as sole proprietorships. Here, you and the business
are essentially one. You, as the sole proprietor owns all the assets.
As such, you will exclusively enjoy the benefits to be derived from the business. If
you decide to become a sole proprietor, you do not need to consult anyone on matters
related to setting or running the business.

PARTNERSHIP.
Under this business form, two or more persons are owners of the business. The
owners define their rights and duties as partners in the business through a partnership
agreement.

CORPORATION.
This business form is initiated by individuals called incorporators, numbering from
a minimum of five to a maximum of fifteen.
COOPERATIVE.
A cooperative is owned by twenty-five or more individuals who, like in a
corporation buy shares in the business. However, unlike a corporation, each member of
the cooperative is entitled to only one vote on matters regarding the business
regardless of the number of shares he or she has bought. In case of losses,
responsibility for paying liabilities is also borne equally by the members.

E
Learning Task 1: Give example of the following forms business organizations.

1. SOLE PROPRIETORSHIP-

2. PARTNERSHIP- CORPORATION-
3.
4. COOPERATIVE

A
Select the best answer by writing the LETTER on a separate sheet of paper.
1. The term legal form refers to the type of business ownership. Which type of
business ownership is the simplest and most common?
a. Corporation
b. Cooperative
c. Partnership
d. Sole proprietorship
2. Partnership is a business form owned by two or more persons. Which among
the choices below is NOT an advantage of partnership
a. Partners have to be consulted each time a decision and actionis made.
b. No income tax is levied on the partnership itself but on the owners as
individuals.
c. Partners decide as to who shall pay debts in case the business is unable to
pay its liabilities.
d. If one partner commits mistake, the other has to suffer the consequences.

3. Which of the following is NOT an advantage of a corporation?


a. Corporation continue to exist for a maximum of 50 years
b. Continuity of existence is not affected by death of a stockholder
c. Each stockholder shares in the ownership of the company, together with the
incorporators.
d. Subject to a more government control.

4. Which of the choices below makes sole proprietorship advantageous to the


owner?
a. All profits goes to the owner
b. Unlimited liability
c. All the risk are for the owner
d. Owner shoulders any liability incurred in the business.
. Which of the choices below is NOT true about a cooperative?
a. Each member is entitled to only one vote
b. Responsibility for paying liabilities is borne equally by the members
c. Owned by twenty-five or more individuals
d. Initiated by individuals numbering from a minimum of five to a maximum of
fifteen
WEEK

ORGANIZATIONAL STRUCTURE OF A 6
I BUSINESS

This lesson discusses the different organizational structure of a business.

WORDS TO STUDY
● ACCOUNTABILITY is a situation of being answerable to higher
authorities.
● AUTHORITY is the power or right delegated or given to a person.

● LINE ORGANIZATION is a type of organization which is characterized by


a superior having direct command over workers to accomplish the task.
● LINE AND STAFF ORGANIZATION is a type of organization where line
officers have staffs who assist them but who do not have any authority
over line personnel.
● ORGANIZATION CHART is a diagram that shows the organizational
relationships of the positions and their corresponding authority,
responsibility, and accountability.
● RESPONSIBILITY is the duty that one has to fulfill in connection with the
performance of the job.
D

MANAGEMENT FUNCTIONS OF ENTREPRENEURS

Management functions are the same to all organizations regardless of size or


type. The only difference is the amount of emphasis given to each level. But in general,
managers have to do the planning, organizing, staffing, directing, and controlling.
ORGANIZING

Organizing involves identifying 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.
An example of the organizing function is the owner-manager of a small factory
who establishes three departments – production department, sales department, and
administrative department. He assigns manager to head each department and clearly
delineates responsibilities among them. Thus, he gives the production manager the
responsibility for manufacturing, packing, and shipping, while he
delegates to the sales manager the responsibility for advertising and customer service.
Then he assigns the administrative head to look after personnel, purchasing, and
accounting.
Below is the diagram showing the organizational relationships of the positions
and their corresponding authority, responsibility, and accountability.

A. LINE ORGANIZATION

The manager has direct command over workers who accomplish the tasks.
Below is an example of a line organization
B. LINE AND STAFF ORGANIZATION

Any activities that a line officer cannot do are delegated to a staff officer to render
these services. For example, in a small manufacturing enterprise, the president,
production manager, and sales manager perform line functions, while legal counsel who
helps and advices the president has no authority over line employee. Below is an
example of this type.

C. FUNCTIONAL STAFF ORGANIZATION

In this setup, the worker has more than one immediate superior or as many as
the types of activities assigned to him. An example of this type is shown below.
E
Learning Task 1: Choose at least 2 organizational structures and identify their
similarities by creating a Venn Diagram.

A
Learning Task 2: Being the manager and your family as your staff create a functional
staff organization. Identify the role of every family member in the organization
and paste their pictures and name in their respective position. Do this on a long
bond paper.
WEEK

LEGALIZING THE BUSINESS


7-8
I

ENUMERATE AND EXPLAIN THE STEPS/PROCEDURE IN MAKING THE


BUSINESS LEGAL

WORDS TO STUDY

● OWNERSHIP means an exclusive right of a person to a business

● AUTHORIZATION is the issuance of approval to operate

● LEGALIZE means to be permitted by law

● DTI – Department of Trade and Industry

● DOLE – Department of Labor and Employment

● SSS – Social Security System

● SEC – Securities and Exchange Commission

● CDA – Cooperative Development Authority

● BPLO – Business Permit and Licensing Office

Legality of your business venture is necessary to make your operation legal. The
following pages shows some of the documents to be secured from the different
governments agencies to run your enterprise legally. Without compliance with the legal
requirements your business is considered illegal.

The following are the procedures in registering a business as mandated by the


Introduction to Entrepreneurs of Small Enterprises, Research and Development
Foundation (SERDEF).

1. Register your business name with the Department of Trade and Industry (DTI).
The certificate issued after registration becomes your proof of business
ownership.
2. Register with your municipal city government. When you have a municipal
license or a mayor’s permit, this serves as your authorization to conduct or
operate the business.
3. Register with the Bureau of Internal Revenues (BIR). This will help systematize
your financial operation and payment of taxes.
4. You have to register at the Social Security System (SSS) if you have five or more
employees.
5. Register the Article of Partnership or Article of Incorporation with the Securities
and Exchange Commission (SEC).
6. Register with the Department of Labor and Employment.

There are several benefits derived from registering your business with the
government, as follows:

1. When you register your business with the Department of Trade and Industry, the
certificate issued to you becomes your proof of business ownership.
2. The municipal license or Mayor’s permit issued to you serves as an authorization for
you to operate your business.
3. Your registration with the Bureau of Internal Revenue will help you systematize your
financial operations and the payment of taxes.
4. If you have registered your business enterprise with Cooperative Development
Authority (CDA)which is optional, you can enjoy the following privileges: I need to get a
permit for my business, where can I ask for assistance?
a. Exemption from taxes and fees except from real property and capital gains tax,
import duties and taxes, value-added tax on imported articles, taxes on income not
arising from the CDA activity such as interest, royalties, prizes and dividends.
b. Exemption of the CDA derived income from the computations of the owners or
members in division.
c. Exemption from any government rules and regulations on assets, income and
activities directly connected with the services of CDA.

It is a must to register your business for your own benefit and protection. When your
business has been registered you are now ready to own your business and face
challenges coming your way.

E
Learning Task 1: Write the steps in registering your business. Record them in the
correct order. Do this in your notebook.

A
Learning Task 2: Let us find out how much you already know about legalizing a
business. Read and understand the questions below. Choose the correct answer by
writing the letter of your answer in your notebook.

1. After registering with the DTI, the certificate becomes your proof of ____________.
A. authority to operate a business
B. business ownership
C. license to operate
D. payment of taxes

2. Where do you need to go to in order to secure the municipal license or Mayor’s


permit which will serve as your license or permit to operate the business?
A. BIR B. CDA C. BPLO D. DTI
3. Article of Partnership or Article of Incorporation should be registered with this agency.
A. BIR B. DTI C. SEC D. YECS
4. If you need to systematize the payment of taxes of your business, where will you go?
A. BIR B. DOLE C. SEC D. SSS
5. It is necessary to register your business to make it _________________.
A. functional B. legal C. operational D. profitable
Para sa mga katanungan o puna, sumulat o tumawag sa:

Department of Education│ Region 4A │ SDO Calamba City Office

Address: DepEd Bldg., City Hall Compound, Brgy. Real, Calamba

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