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Entrepreneurship
Module 1: Quarter 0 – Week 1
Entrepreurship
Grade 12 Module 1: Quarter 0 - Week 1
First Edition, 2020
Copyright © 2020
La Union Schools Division
Region I
All rights reserved. No part of this module may be reproduced in any form without
written permission from the copyright owners.
Management Team:
1
Jumpstart
For you to better understand the lesson, do the activities that follow in a separate
sheet of paper. (1/2 cross wise)
Disciplined: Successful entrepreneurs always stick to the plan and fight the
temptation to do what is an important.
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Committed: A good entrepreneur accepts full responsibility of everything of his or
her business. He/she gives full commitment and solid dedication to make the
business successful.
Has the initiative: An entrepreneur takes the initiative. You must put yourself in a
position where you are responsible for the failure or success of your business.
Profit- oriented: An entrepreneur enters into the world of business to generate profit
or additional income. This shall become the bread and butter for you and for your
family as well. Therefore, you must see to it that the business can generate income.
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Discover
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4. Generates new materials. Entrepreneurs are always in constant search for
better and cheaper sources of materials they need. Finding new material
providers help in the economic growth of the place. These could be sourced
from because of the value creation.
6. Improves the quality of life. The new products and services developed by
the entrepreneur contribute to the increase of personal benefit and
convenience of people in society. The use of automatic gadgets in cooking or
washing clothes, mobile phones, internet services, agricultural machines, and
may other innovation leads to a better quality of life.
8. Bring social benefit to the people. Entrepreneurs pay taxes for every
product or services sold in the market. They also pay for the permits and
licenses to operate their businesses. The income derived from all these taxes
by the government are then used for the people, especially the poor to have
more access to social service such as education and health, as well as
improvement in infrastructure facilities, such as roads and bridges for faster
and safer transportation of people from various destination.
10. Provides more alternatives for consumers. The stiff competition in the
market for quality and cheaper products and services requires the
entrepreneur to come up with more products and services consumers can
choose from. Entrepreneurs also become more concerned about the welfare of
their consumer, and ethical in producing and selling their products and
services, in order that the consumers will prefer them over the other
enterprises selling the same.
5
Explore
Here are some enrichment activities for you to work on to master and strengthen the
basic concepts you have learned from this lesson.
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Rubrics for Scoring:
CATEGORY 10 pts. 9 pts. 8 pts 7 pts or below
Content Sentences Sentences Sentences Sentences
/Facts contain little or contain very few contain some contain many
no errors errors and grammatical errors or there is
And thoroughly accurately errors, and it no explanation
explains the explains the mostly explains at all.
scene. scene. the scene.
Clarity Expresses Opinion s and Unclear Does not
opinion and ideas are stated connection to the express
ideas in a clear clearly with topic. Evidenced opinions or
and concise occasional lack in minimal ideas clearly, no
manner with of connection to express of connection to
obvious the topic. opinions or ideas the topic.
connection with
the topic.
Creativity Examples/scen Examples/scena Some Examples/scena
arios are all rios are almost examples/scenar rios are not clear
clear and clear and ios are clear and and not relevant
relevant and relevant and relevant and and make the
make the make the content make the content content hard to
content easier to easier to easier to understand.
understand. understand.. understand.
Deepen
Direction: Pretend that you want to be an entrepreneur five years after graduating
senior. Create a timeline that illustrates the step by step process you could do to
achieve a successful future career. You can paste cut-outs from old magazines for
your illustration. In each panel, explain how you would take that step. Create at least
3 panels.
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Gauge
Directions: Read carefully each item. Use a separate sheet for your answers, write
only the letter of the best answer for each item.
4. It refers to the person who sets up a business with the aim to make a profit and
create a fulltime, sustainable business with employees.
A. Entrepreneur
B. Leader
C. Manager
D. Supervisor
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6. If an entrepreneur puts up a business, employ people who possess different
competencies and personal values to help them operate the enterprise. What is
his/her contribution to the economy and society?
A. Bring social benefit to the people.
B. Creates employment.
C. Develops new market.
D. Utilizes and mobilizes indigenous resources.
9. If an entrepreneur pays taxes for every product or services sold in the market.
He/she also pays for the permits and licenses to operate their businesses. What
is his/her contribution to the economy and society?
A. Improving the quality of life.
B. Bring social benefit to the people
C. Generating new materials.
D. Stimulating investment interest in the new business ventures being
created.
10. Small and medium enterprise will always look for cheaper and local materials to
supply their needs. If the entrepreneur make use of idle or unused resources to
meet their needs, what is his/her contribution to the economy and society?
A. Bring social benefit to the people
B. Creates employment
C. Stimulating investment interest in the new business ventures being
created.
D. Utilizes and mobilizes indigenous resources.
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For questions 11-15, identify what characteristics an entrepreneur possesses if:
11. He/she is habitually working diligently for a long period of time. He/she keeps
on improving his/her performance to produce good products and/or provide
good services.
A. Able to accept change
B. Disciplined
C. Hardworking
D. Self-confident
12. He/she always stick to the plan and fight the temptation to do what is an
important.
A. Able to accept change
B. Committed
C. Disciplined
D. Has the initiative
13. Nothing is permanent but change. Change occurs frequently. When you own a
business, you should face your challenges and cope with changes.
A. Able to accept change
B. Committed
C. Has the initiative
D. Self-confident
14. An entrepreneur enters into the world of business to generate profit or additional
income. This shall become the bread and butter for you and for your family as
well. Therefore, you must see to it that the business can generate income.
A. Able to accept change
B. Committed
C. Has the initiative
D. Profit- oriented
15. The entrepreneur believes in one ability and own judgement in order to cope with
all the risk of operating their own business.
A. Committed
B. Has the initiative
C. Profit- oriented
D. Self-confident
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References
Printed Materials:
Website:
https://www.scribd.com/document/447404388/Entrepreneurship-has-an-enormous-impact-on-the-
economy-and- in-the-society
https://www.scribd.com/document/434271783/Nov-11-Lesson-Plan-in-Entrepreneurship
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