Introduction
Introduction
General Objectives:
At the end of the module, you are expected to:
Demonstrate an understanding of ones Personal Entrepreneurial
Competencies and Skill (PECs) in Agricultural Crops Production
(Horticulture) NC II.
Recognize the environment and market in Agricultural Crops
Production (Horticulture) NC II in ones town/municipality.
Demonstrate on how to operate appropriate equipment for Agricultural
Crops Production (Horticulture) NC II.
Content Standards
Performance Standards
Pre-Assessment
2
Performance Standards
The
learner
demonstrates
understanding of ones PECs in
Agricultural
Crops Production
(Horticulture).
Quarter I
4 hours
Time Allotment:
Module 1
Personal Entrepreneurial Competencies
Introduction
In this module, you will learn more about entrepreneurship and the
entrepreneurial competencies related to Agricultural Crops Production
(Horticulture). You will have a first-hand experience in educational activities
leading to assessment of your personal entrepreneurial competencies (PECs)
and the entrepreneurial competencies of a successful Horticulturist within
your province. You will also have several activities that will align your
competencies with those of successful practitioners. Moreover, this module
will encourage you to think about entrepreneurship and its role in the
business community as well as in the economic and social development of an
individual.
To start with this module, let us first understand entrepreneurs and
entrepreneurship.
Entrepreneurs are those with the skills and capabilities to see and
evaluate business opportunities. They are individuals who can strategically
identify products or services needed by the community, and have the capacity
to deliver them at the right time and at the right place.
Entrepreneurs are agents of economic change; they organize,
manage, and assume risks of a business. Some of the good qualities of
entrepreneurs are: opportunity-seeker, risk-taker, goal-setter, excellent
planner, confident problem-solver, hardworking, persistent and committed.
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Pre-assessment
As part of your initial activity, try to assess your prior knowledge and
experience related to personal entrepreneurial competencies. Answer Task 1.
Task 1: Matching Type
Directions: Match the entrepreneurial competencies in column A with
their meaning in column B. Write the letter of the correct answer on the
space provided before each number.
A
____1. Creative
____2. Profit-oriented
____3. Disciplined
D. adoptable to change
F. solid dedication
____7. Confident
____8. Hardworking
I. work diligently
____10. Committed
After all the guide questions are answered, share these with your
classmates. You may also compare your insigths, personal knowledge,
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and relevant experiences on the topic to make the sharing more exciting
and engaging.
Goals and
Targets
Learning
Activities
Ultimate Goal
2. Are there other strategies or approaches where you can assess your
PECs? Explain how these strategies will become more useful in
selecting a viable business venture.
_________________________________________________________
_________________________________________________________
________________________________________________________.
3. What are the desirable personal characteristics, attributes, lifestyles,
skills, and traits of a prospective entrepreneur? Why are these
important?
_________________________________________________________
_________________________________________________________
________________________________________________________.
4. Why is there a need to assess ones PECs in terms of characteristics,
attributes, lifestyles, skills, and traits before starting a particular
business?
_________________________________________________________
_________________________________________________________
________________________________________________________.
5. What is the significance of evaluating PECs of a successful
entrepreneur? What helpful insights can you draw from this activity?
________________________________________________________
________________________________________________________
________________________________________________________.
How was your experience in answering the guide questions with your
classmates? Were you able to benefit from them? What were the insights you
have realized?
This time youre going to study the different topics that will enrich your
knowledge of PECs. Read all the important details about the succeeding
topic carefully.
Know
Process
To firm up what you have learned and have a better appreciation of the
different entrepreneurial competencies, read the PECs checklist below, then
answer the same.
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Strengths
Development
Areas
Hardworking
- Works diligently
Confident
- Self-reliance in ones ability
Disciplined
- Always stick to the plan
Committed
- Solid dedication
Ability to accept changes
- Adaptable
Creative
- Innovative to have edge over other
competitors
Profit-oriented
- Always looking for an opportunity to
have/earn income
Excellent planner
- Strategic thinking and setting of
goals
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How was your experience in discovering the strengths and the areas
you need to develop? Did you gain a valuable experience in exchanging
insights with your classmates? To learn more and deepen your understanding
of PECs, do task 5 below.
Task 5: Interview
Directions: In your province, interview a successful telemarketing or
call center representative or entrepreneur whose type of business is related
with Agricultural Crops Production (Horticulture) NC II. Focus your questions
on PECs and other business-related attributes that helped them become
successful. Analyze the results of the interview and reflect on the similarities
and/or differences. Write your answer on a separate sheet of paper.
Sample Interview Guide
Name of Proprietor/Practitioner: ____________________________________
Age: _______________ Number of Years in Business: _________________
Business Name: ________________________________________________
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Personal
Entrepreneurial
Competencies
Characteristics
Attributes
Lifestyles
Skills
Traits
Successful
Entrepreneur in
the province
My PECs
Using the information on the table above, analyze and reflect on the
similarities and differences in your answers. Put your reflection on the table
you copied in your notebook or in a separate sheet of paper. Write your
conclusion on the space provided.
Personal
Entrepreneurial
Competencies
Similarities
Differences
Characteristics
Attributes
Lifestyles
Skills
Traits
Conclusion:
________________________________________________________
________________________________________________________
________________________________________________________
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________________________________________________________
________________________________________________________
_______________________
Transfer
After performing the activities on the importance of PECs, lets
determine how much you have learned. Perform task 6 to determine how well
you have understood the lesson.
Task 6: Preparation of a Plan of Action
Directions: Use in a separate sheet of paper / in your notebook the
information generated from task 5 (Interview) and prepare an
action plan that indicates alignment of your PECs to the PECs
of a successful entrepreneur in Agricultural Crops Production
(Horticulture) NC II in your province.
Objective
Area
Activities
Strategies
Time
Frame
Expected
Outcome
To align my Characteristics
PECs
with
the PECs of
a successful
entrepreneur
Skills
in
Agricultural
Crops
Production
(Horticulture) Attribute
NC II
Traits
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E
K
H
A
J
6. B
7. C
8. I
9. D
10. F
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Performance Standards
The
learner
demonstrates
understanding of environment and
market in
Agricultural Crops
Production (Horticulture) NC II in
ones province.
Quarter I
4 hours
Time Allotment:
Module 2
Environment and Market
Introduction
Aspiring entrepreneur need to explore the economic, cultural, and
social conditions prevailing in an area. Needs and wants of the people in a
certain area that are not met may be considered business opportunities.
Identifying the needs of the community, its resources, available raw materials,
skills, and appropriate technology can help a new entrepreneur seize
business opportunities.
To be successful in any kind of business venture, potential
entrepreneurs should look closely at the environment and market. They
should always be watchful of existing opportunities and constraints, and to
take calculated risks. The opportunities in the business environment are
factors that provide possibilities for a business to expand and make more
profit. Constraints, on the other hand, are factors that limit business growth,
hence reduce the chance of generating profit. One of the best ways to
evaluate opportunities and constraints is to conduct a Strengths,
Weaknesses, Opportunities and Threats (SWOT) Analysis.
SWOT Analysis is a managerial tool used to assess the environment. It
is used to gather important information which is then used in strategic
planning. Strengths and weaknesses are internal in an organization. They
relate to resources owned by an organization that you have control over and
also the extent of its marketing.
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Now that you have an idea about the things you will learn, take the first
challenge in this module the pre-assessment.
Pre-assessment
Task 1: Multiple Choice
DIRECTIONS: Choose the letter of the best answer. Write your answer on a
separate sheet of paper.
1. It is generated by examining the goods and services sold in the
community.
A. business creation
C. business concept
B. business pricing
D. business idea
2. It is a process of making new products which will be sold to the
customers.
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A. product analysis
3.
4.
5.
6.
7.
C. product
development
B. product conceptualization
D. product
implementation
These are luxuries, advantages and desires that every individual
considers beyond necessary.
A. wants
C. requirements
B. desires
D. needs
It is a factor or consideration presented by a seller as the reason that a
product or service is different from and better than that of the
competition.
A. unique selling plan
C. unique pricing
policy
B. unique selling proposition
D. finding value-added
A stage in which the needs of the target market are identified,
reviewed, and evaluated.
A. concept development
C. project development
B. economic analysis
D. refine specification
It is the introduction of new ideas to make the product and services
more attractive and saleable to the target customers.
A. new idea
C. product development
B. creativity
D. innovation
It is a managerial tool used to assess the environment and to gather
important information that can be used for strategic planning.
A. scanning
C. WOTS Analysis
B. SWOT Analysis
D. survey analysis
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Directions: Read and study the guide questions below. Use a separate
sheet of paper to write your answer.
1. How does one determine the product or services to be produced
and/or to be provided to the target customers?
________________________________________________________
________________________________________________________
________________________________________________________
2. How does one select an entrepreneurial activity?
________________________________________________________
________________________________________________________
________________________________________________________
3. When can one say that a certain product has value?
________________________________________________________
________________________________________________________
________________________________________________________
4. Does applying creativity to your product or services important? Why?
________________________________________________________
________________________________________________________
________________________________________________________
5. How can one effectively respond to the needs of the target customer?
________________________________________________________
________________________________________________________
________________________________________________________
6. From the viewpoint of business owner, discuss the importance of
scanning the environment and market in generating business ideas.
________________________________________________________
________________________________________________________
________________________________________________________
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After all the guide questions are answered and skills have been mastered,
with your classmates. Discuss your insights, personal knowledge, and
relevant experiences on the topic to make it more exciting and engaging.
Goals and
Targets
Learning
Activities
Ultimate Goal
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Know
Product Development
Product Development
When we talk of product development, we are referring to a process of
making a new product to be sold by a business or enterprise to its customers.
Product development may involve modification of an existing product or
its presentation, or formulation of an entirely new product that satisfies a
newly-defined customers needs, wants and/or a market place.
The term development in this module refers collectively to the entire
process of identifying a market opportunity, creating a product to appeal to
the identified market, and testing, modifying, and refining the product until it
becomes ready for production.
There are basic, yet vital questions that you can ask yourself about
product development. When you find acceptable answers to them, you may
now say that you are ready to develop a product and/or render services.
These questions include the following:
1.
2.
3.
In addition, needs and wants of the people within an area should also
be taken into big consideration. Everyone has his/her own needs and wants.
However, each person has different concepts of needs and wants. Needs in
business are the important things that an individual cannot live without in a
society. These include:
1.
2.
3.
4.
Basic needs are essential to an individual to live with dignity and pride
in a community. These needs can obviously help you generate business
ideas and subsequently to product development.
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Wants are desires, luxury and extravagance that signify wealth and
expensive way of living. Wants or desires are considered above all the basic
necessities of life. Some examples of wants or desires are: fashion
accessories, expensive shoes and clothes, travels, eating in an expensive
restaurant, watching movies, concerts, having luxurious cars, wearing
expensive jewelry and perfume, living in impressive homes, among others.
Needs and wants of people are the basic indicators of the kind of
business that you may engage in because it can serve as the measure of
your success. Some other points that might be considered in business
undertakings are the kind of people, their needs, wants, lifestyle, culture and
tradition, and their social orientation.
To summarize, product development entirely depends on the needs
and wants of the customers. Another important issue to deal with is the key
concepts of developing a product. The succeeding topic shall enlighten you
about the procedure in coming up with a product.
Concepts of Developing a Product
Concept development is a critical phase in the development of a
product. In this stage, the needs of the target market are identified, and
competitive products are reviewed before the product specifications are
defined. The product concept is selected along with an economic analysis to
come up with an outline of how a product is being developed. Figure 3 shows
the stages of concept development of a product.
Identify
Customer
Needs
Establish
Target
Specifications
Generate
Product
Concepts
Analyze
Competitive
Products
Select a
Product
Concept
Perform
Economic
Analysis
Refine
Specifications
Plan
Remaining
Development
Project
Concept Development
Figure 3: Stages of Concept Development
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Finding Value
People buy for a reason. There should be something in your product or
service that would give consumers a good reason to go back and buy more.
There must be something that will make you the best option for target
customers; otherwise, they have no reason to buy what you are selling. This
implies further, that you offer something to your customers that will make
them value your product or service.
The value you incorporate in your product is called value proposition.
Value proposition is a believable collection of the most persuasive reasons
why people should notice you and take the action youre asking for. It is what
gets people moving, what makes people spend for your product or service.
Innovation
Innovation is the introduction of something new in your product or
service. This may be a new idea, a new method, or a new device. If you want
to increase your sales and profit, you must innovate. Some of the possible
innovations for your products are change of packaging, improvement of taste,
color, size, shape, and perhaps price. Some of the possible innovations in
providing services are application of new and improved methods, additional
featured services, and possibly freebies.
Unique Selling Proposition (USP)
Unique Selling Proposition is the factor or consideration presented by a
seller as the reason that one product or service is different from and better
than that of the competition. Before you can begin to sell your product or
service to your target customers, you have to sell yourself in it. This is
especially important when your product or service is similar to your
competitors.
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Process
Task 3: Interview
Directions: Select a successful entrepreneur or practitioner. Conduct an
interview using the set of questions below. Document the interview and
present it to the class. Use a separate sheet of paper.
1. How did you identify your customers?
________________________________________________________
________________________________________________________
________________________________________________________
2. What were your considerations in selecting your customers?
________________________________________________________
________________________________________________________
________________________________________________________
3. Explain how your product or service became unique to other products.
________________________________________________________
________________________________________________________
________________________________________________________
4. Did you consult somebody before you engaged in this business?
Cite / give sample insights that you gained from the consultation.
________________________________________________________
________________________________________________________
________________________________________________________
5. What were your preparations before you started the actual business?
________________________________________________________
________________________________________________________
________________________________________________________
6. What creative and innovative techniques did you adapt in the
development of your product or service? What was the effect of the
innovative techniques to the sales and profits of your business?
________________________________________________________
________________________________________________________
________________________________________________________
7. What strategy did you consider to create a unique selling proposition to
your product or service?
8. ________________________________________________________
________________________________________________________
________________________________________________________
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9.
Transfer
Task 5: Product Conceptualization
Directions: In a separate sheet of paper or in your notebook. Develop your
own concept of your product or service by using the figures on this page. Use
bullets in every stage of product conceptualization in listing important key
ideas.
1. Identify
Customers Need
7. Prepare a
Development Plan
6. Refine Product
Specification
----
2. Target
Specifications
3. Analyze a
Competitive
Product
-
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Know
5. Select A product
Concept
4. Generate Product
Concept
For example, a province will have its electrification facility in the next six
months. Only by that time will the entrepreneur could think of electricallypowered or generated business such as photo copying, computer service,
digital printing, etc.
3. Examine how the needs are being satisfied. Needs for the products
and services are referred to as market demand. To satisfy these needs is
to supply the products and services that meet the demands of the market.
The term market refers to whoever will use or buy the products or
services, and these may be people or institutions such as other
businesses, establishments, organizations, or government agencies.
There is a very good business opportunity when there is absolutely no
supply to a pressing market demand.
Businesses or industries in the locality also have needs for goods and
services. Their needs for raw materials, maintenance, and other services
such as selling and distribution are good sources of ideas for business.
4. Examine the available resources. Observe what materials or skills are
available in abundance in your area. A business can be started out of
available raw materials by selling them in raw form and by processing and
manufacturing them into finished products. For example, in a copraproducing town, there will be many coconut husks and shells available as
waste products. These can be collected and made into coco rags or
doormats and charcoal bricks and sold profitably outside the community.
A group of people in your neighborhood may have some special skills that
can be harnessed for business. For example, women in the Mountain
Province possess loom weaving skills that have been passed on from one
generation to another. Some communities set up weaving businesses to
produce blankets, decorative, and various souvenir items for sale to
tourists and lowlanders.
Business ideas can come from your own skills. The work and experience
you may have in agricultural arts, industrial arts, home economics, or ICT
classes will provide you with business opportunities to acquire the needed
skills which will earn you extra income should you decide to engage in
income-generating activities. With your skills, you may also tinker around
with various things in your spare time. Many products are invented this
way.
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Branding
Branding is a marketing practice of creating a name, a symbol or
design that identifies and differentiates product or services from the rest. It is
also a promise to your customers. It tells them what they can expect from
your product or service and it differentiates your offerings from other
competitors. Your brand is derived from who you are, who you want to be and
what people perceive you to be.
Branding is one of the most important aspects in any business. An
effective brand strategy gives you a major edge in increasingly competitive
markets.
A good product can:
- deliver message clearly,
- confirm credibility,
- connect to target prospect,
- motivate buyers, and
- concretize user loyalty.
Here are simple tips to publicize your brand:
.
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Process
Strength (S)
-
Weaknesses (W)
33
Opportunities (O)
Threats (T)
-
Strategies:
ST
OT
Analysis:
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
Activities:
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
__________________________________________________________________________________
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35
Transfer
Task 8: Designing a Logo
Directions: In a separate sheet of paper or in your notebook draw a logo that
you will use in your business. Provide a simple statement to describe your
logo.
Logo
Tagline
Vicinity Map
36
Feedback
1. C
2. C
3. C
4. B
5. B
6. D
7. D
8. B
9. C
10. D
11. C
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