Detailed Lesson Plan (DLP)

School Grade Level 12

Teacher Learning Applied Economics
Area
Time & Dates Quarter 2nd Quarter

I. OBJECTIVES
A. Content Standards The learners demonstrate an understanding of various socioeconomic
impacts of business on the following sectors: consumer, supplier and
investors, government, households, and international trade.
B. Performance The learners shall be able to conduct a socioeconomic impact study on
Standards consumers (new product and services); suppliers; investors (capital,
income) government (tax revenues, poverty alleviation, basic services);
households (standard of living, employment) and international trade
(exports and imports of goods and services) leading to options in
venturing into a business.
C. Learning Analyze and evaluate the viability of a business and its impact on the
Competencies / community. (Code:ABM_AE12-IIa-e-g-12)
Objectives.
Write the LC code for
each
II. CONTENT
III. LEARNING
RESOURCES
A. References
1. Teacher’s Guide
pages
2. Learner’s Materials
pages
3. Textbook pages
4. Additional Materials
from Learning Resource
(LR) portal
B. Other Learning 5 Steps to Evaluating Business Opportunities. Retrieved August 29, 2017
Resources from http://smallbusiness.chron.com/5-steps-evaluating-business-oppo
rtunities-44673.html
V. PROCEDURES
Introductory Activity (5 Preliminaries: Prayer, Checking of Attendance, Recap of previous lesson
minutes). Teacher says: Look around you. Applying the lessons you have learned,
fill out the following table:
Abundant Scarce Biggest Smallest
Materials/ Materials/ Business(es) Business(es)
Resources in Resources in in the Locality in the locality
the Locality the Locality

(Teacher will ask opinions from the students. After Completing the table,
teacher will ask students to explain the items listed)
Activity/Strategy (15 Teacher says: This time, I would like you to group yourselves into two
minutes). (2). Based on the items listed on the table that we have created, each
group must think of a type of business they would like to create. After
deciding the name and nature of your business, explain the reasons why
you would like to build that business and why you would like to offer
those products or services that you want.
(Students will perform the activity and present their outputs in front of
the class. Teacher will ask follow up questions to test the initial viability
of the business)
Analysis (5 minutes). Teacher will ask probing questions:
1. What led you to the decision of putting up that certain type of
business? What were your considerations?
 2. What should we look into when trying to put up a business?
3. What kind of effect will your business bring to the consumers?
What are those effects?
(Students will share their ideas and the teacher will do side by side
reinforcements.)
Abstraction (10 Teacher says: Whether you're starting a small business from scratch or
minutes). purchasing an existing company or franchise, you need to take steps to
evaluate the business’s potential and your abilities to make it work.
According to the Small Business Administration, your investigation must
be thorough, analyzing the risks and benefits of the opportunity. Review
the potential and the pitfalls inherent in the business to make an
informed decision and increase your chances of success.
In checking the viability of a business, there are actually 5 things that
we must consider:
1. Self-Analysis
2. Financial Components
3. Market Research
4. Risk Assessment
5. Support

Self-Analysis- most small businesses fail because of poor management

and the owner’s inability to manage resources. Before you even start
researching the feasibility of your idea and the market you plan on
entering, evaluate your own talents, desires and goals. Consider your
willingness to take risks as well as the amount of time and energy you’ll
need to make the business a success. Review your financial, personnel
and marketing skills as well to ensure you have the necessary
background to make a success of your new venture.

Financial Components-After learning about the investment required to

purchase the existing business or franchise or the start-up costs you’ll
need initially, evaluate your own resources. Part of a financial
assessment includes the amount you have in personal savings to add to
the initial investment. Assess the financing available through the seller,
investors and lenders when evaluating your chances of succeeding.

Market Research- To thoroughly understand what you’re getting into,

perform an extensive market research project to determine the feasibility
of your business. In addition to gleaning statistics of trends and current
customer buying patterns, you need to know who your customers are,
where they are located and what kind of competition exists in your area.

Risk Assessment- A complete evaluation of a business opportunity

includes a risk assessment. Details you need to consider in the risk
assessment process include factors that could negatively affect your
business, such as the general state of the economy, weather events and
your competition's competitiveness. Internal considerations should
include your own health, the level of credit available to you and the
number and type of employees you’ll need to hire to run the business
efficiently.

Support- Finally, evaluate the amount of support you expect to receive

from your family and the community. Attitudes and cultural preferences
in your community can impact your ability to grow and sustain your
business. Evaluate your standing on all these fronts to ensure you’ve got
the necessary support to be successful.

Application (10 Teacher says: Using the same groupings (2 groups), evaluate the
minutes). viability of your proposed business by formulating 2-3 questions for each
of the following component:
Self-Analysis
Q1:
___________________________________________________
 Q2:
___________________________________________________
Q3:
___________________________________________________
Financial Components
Q1:
___________________________________________________
Q2:
___________________________________________________
Q3:
___________________________________________________
Market Research
Q1:
___________________________________________________
Q2:
___________________________________________________
Q3:
___________________________________________________
Risk Assessment
Q1:
___________________________________________________
Q2:
___________________________________________________
Q3:
___________________________________________________
Support
Q1:
___________________________________________________
Q2:
___________________________________________________
Q3:
___________________________________________________
(Teacher will cite examples to guide the students and will then ask the
students to report their outputs in front of the class.0
Assessment (10 (Individual assessment) Based on the proposed businesses of the two
minutes). groups, formulate the possible impacts or effects of Business #1, and
Business #2. Separate the positive from the negative impacts/effects.

Assignment/Agreement Choose 1 out of the two proposed businesses. List down your
( 5 minutes). recommendations on how to maximize the positive effects of the
business and how to minimize its negative impacts/effects.
V. REMARKS
Indicate special cases
including but not
limited to continuation
of lesson plan to the
following day in case of
re-teaching or lack of
time, transfer of lesson
to the following day, in
cases of class
suspension, etc.
VI. REFLECTION
Reflect on your teaching
and assess yourself as a
teacher. Think about
your student’s progress.
What works? What else
needs to be done to
help the students learn?
Identify what help your
instructional
supervisors can provide
for you so when you
meet them, you can ask
them relevant
questions. Indicate
below whichever is/are
appropriate.
A. No. of learners who
earned 80% on the
formative assessment.
B. No. of learners who
require additional
activities for
remediation.
C. Did the remedial
lessons work? No. of
learners who have
caught up with the
lesson.
D. No. of learners who
continue to require
remediation
E. Which of my teaching
strategies worked well?
Why did these work?
F. What difficulties did I
encounter which my
principal or supervisor
can help me solve?
G. What innovation or
localized materials did I
use/discover which I
wish to share with other
teachers?