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Entrepreneurship Activity Module1

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ENTREPRENEURSHIP

2 Semester- 4th Quarter- Module 1


nd
Activity 1
Directions: Given with the following pictures, fill in the following blanks
Name: ______________________________________ below to form a meaningful word.
Grade and Section: ____________________________

Pre-test
Directions: Write True if the statement is correct, otherwise, write False if the
statement is incorrect on the space provided below.
______1. Output represents the final products from the production process and
distributed to the customers.
______2. The 4M’s in the production operation are the materials, manpower,
machine and money.
______3. Manpower in production operation refers to the workers involved in the
production of goods.
______4. Product description is the marketing copy that explains what a product is
and its benefits. M __ __ P __ W __R M __ __ H __ N __S
______5. Prototype is a replica of a product.
______6. Product to produce is one of the factors to be considered in the
production method.
______7. Educational qualifications and experience is one of the criteria in
considering manpower.
______8. Skills and expertise is not important in considering manpower.
______9. Benefits are the reasons why customers will decide to buy the products.
______10. Machine refers to the manufacturing equipment.
______11. Supplier is an entity that supplies goods and services to another
organization.
______12. Supply chain is a system of organizations, people, activities, data and
properties involved in moving a product or service from supplier to customer.
______13. Business model describes the rationale of how an organization makes,
transports, and captures value in economic, social, cultural or other contexts.
______14. In selecting the type of equipment to purchase, the entrepreneur may M __ T __ R __ A __ S M __ T __ O __ S
consider cost and capacity of the equipment.
______15. Value chain is the process or activities by which a company adds cost
to an article, that includes production, promotion, and providing of after-sales
service.
Activity 2
Directions: Answer the following questions based on your learnings about 4M’s
of Production.
“In your home, when you want to eat egg sandwich before going to school, your
mother would surely prepare it for you. Your egg sandwich would not be produced Activity 4
without a process.” Direction: Answer the following questions based on the picture shown below.

1. Who would be your manpower? _______________________________


2. What would be your materials? ________________________________
3. What machines or tools would you use? _________________________
4. What methods are needed to produce the egg sandwich? (Cooking procedure
enumerate them).

Activity 3
Directions: Complete the statements below and write your answers in your 1. Are you familiar with the picture above? Give one example of a food business
Entrepreneurship activity notebook. establishment that you think is famous among teenagers today.
1. _____________ talks about human labor force involved in the manufacture of _____________________________________________________________
products. It is considered as the most serious and main factor of production. _____________________________________________________________
2. _____________ is about raw materials necessary in the production of a product. 2. What do you think is the reason why this particular food business establishment
3. _____________ refers to the process or way of transforming raw materials to became famous amongst teens nowadays?
finished products. _____________________________________________________________
4. The purpose of a _____________________ is to provide customers with details _____________________________________________________________
around the features and benefits of the product so they’re obliged to buy. _____________________________________________________________
5. It is a duplication of a product as it will be produced, which may contain such 3. Do you know some other ways to enjoy their product other than coming in
details as color, graphics, packaging and directions. One of the necessary early personally into their store and buying their product for yourself?
steps in the inventing method is creating a _______________. _____________________________________________________________
6. ____________ are your business partners, without them your business will not _____________________________________________________________
live. 4. Do you think such strategies are effective to make the business more
7. ______________________ describes the reasons of how an organization productive? Why or why not?
creates, delivers, and captures value in economic, social, cultural or other contexts. _____________________________________________________________
8. ____________________ is an important tool for you to have an idea about the __________________________________________________________________
future of your business. ________________________________________________________
9. ____________________ is part of the business plan which is the first to be
Be ready for Quiz Number 1!
presented but the last to be made.
10. ____________________ shows the design of your product/service; pricing,
where you will sell and how you will introduce your product/service to your
market.

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