Lesson 2: "Let's Kick It Off!" Activity 1. Solve Me!
Lesson 2: "Let's Kick It Off!" Activity 1. Solve Me!
ENTREPRENEURSHIP
(Quarter 4 – Week 2)
LESSON 2 METHOD
Describe the 4 Ms (Manpower, Method, Machine, Materials) of operations in relation to the business
opportunity (TLE_ICTAN11/12EM-la-2)
1. Develop a product description
2. Create a prototype of the product
3. Test the product prototype
Directions: Solve the crossword using the given words and the clues.
4. O E
E
2. T
R 5.
1. R T O Y E
J
E C
7. P R
T
O P
3. O U C T
U
6. O U C I O N
N
Across
1. It is an early sample, model or release of product built to test a concept process.
3. It is the physical output of the whole production process.
4. Everything that goes into the production.
6. The action of making or manufacturing from components.
Down
2. A collaborative enterprise that is carefully planned to achieve a particular aim.
4. Refers to the process or technique of converting raw materials to finished products.
5. A spoken or written representation or account of a person, object or event.
7. Make or Manufacture from components or raw materials
“Are you taking it?”
2. Do you think the operation of your business will be successful without using a
product to produce
mode of production
Product to produce
The product is the physical output of the whole production process. It should be
valuable and beneficial to the consumers and should satisfy their basic needs and wants. A
production be heterogeneous or homogeneous. A heterogeneous products has dissimilar
characteristics, parts, and physical appearance. It can be easily identified from other products,
Entrepreneurial ventures that produce heterogeneous products include makers of furniture,
bags and home decors.
Mode of Production
The mode of production refers to how the product will be produced. The following
production system may be used in manufacturing the desired product.
3. In a batch method, the production undergoes several stages and the product is
transferred from one worker to another.
Examples of entrepreneurs who use the intermittent production system are tailors,
goldsmiths, furniture makers, and manufacturers of farm equipment.
The continuous production system is adopted when the demand for the product is
considered constant. The production is not based on the order of customers but for the
stocking of inventories.
In the just-in-time production system, goods are produced just in time when the
market needs or demands for them. The raw materials will be produced just in time for the
actual production to start and the delivery equipment will be required in the production plant
just in time when the products are about to be completed. This system is designed to
eliminate wastage of resources and to increase productivity.
Product description
-A product description is the marketing copy used to describe a product’s value
proposition to potential customers. A compelling product description provides customers
with details around features, problems it solves and other benefits to help generate a sale.
Prototype of product
4. Locate a Manufacturer
- You have to locate a manufacturer that can produce your product at a profitable
price. If your idea is going to be profitable, you need to be able to build it a cost that is low
enough that can cover expenses without cutting too far into your revenue.
1. Get a stranger to try your product and have a third party record and document their
experience. If you can get these experiences recorded and documented by a neutral observer
this will provide you with even better feedback in terms of how your prototype is being
experienced.
2. Ask users to complete tasks using your prototype. This will very quickly help you discover
if the prototype can actually help people to achieve the goals that you think it should help
them to achieve.
4. Use realistic, non-distracting data/ images/ icons / non Micky Mouse names. Aim to create
realistic, non-attention diverting data so that your testers can focus on the prototype itself.
5. Basic wireframes can save you a lot of time. They are quick to create, but offer enough
realism that your testers will usually understand what you are trying to demonstrate.
6. Make sure your testers have plenty of opportunity to communicate with you the thoughts
that are going through their minds, the frustrations they experienced, and the ‘what ifs’ that
came to them.
7. Heat maps are really useful. These will show you where your users are actually going,
rather than where you think they should be clicking, swiping or attempting to manipulate
your product.
8. Test your product in all the environments where your users will use it.
9. Think about your audience, gender, age, culture, and any other potential variations in how
people may use your prototype. It is hard to think of everything but if you only test the
prototype with one particular subgroup of people this could skew your feedback, especially if
you are ultimately aim to sell to a wider audience that just those who are testing it on.
“Now do it!”
Directions: Draw or place a picture of your prototype product for your business and write its
description.
Activity 2
“Ace it!”
Activity 3
Direction: Write true if the underlined word is correct and write the correct answer if the
underlined word is incorrect.
5. The continuous production system is adopted when the demand for the product is
considered constant.