Week 1
Week 1
Week 1
Technical Drafting
FIRST QUARTER
MODULE 1
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Name of Student
_______________________________________
Date of Distribution
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Date of Submission
Contact Numbers:
0910-994-3077
0956-755-6423
What This Module is About
The following skills are essential for the carrier that you might pursue and these skills
will also lead you into progress on which served as a preparation for your next lesson, for
this lesson you will be trained on different concept on conducting SWOT Analysis, identifying
the different product/service available in the market, comparing different product in technical
drafting, determining the profile of potential customer, and generate potential business idea
base on the SWOT analysis, all this skills and knowledge will bring you into a better view of
business venture in the field of drafting.
LO 1. Generate Business idea that relates with a career choice in Technical drafting
1.1 Conduct SWOT Analysis
1.2 Identify the different product /service available in the market
1.3 Compare different products in Technical Drafting
1.4 Determine the profile of potential customer
1.5 Generate potential business idea base on the SWOT Analysis
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How to Learn from this Module
What I Know
What’s In
The analysis of the macro marketing environment is to better understand the environment,
adapt to the social environment and change, so as to achieve the purpose of enterprise
marketing.
Micro environment
The forces close to the company that affects its ability to serve its customers include-the
internal environment, supplier’s customers, marketing intermediaries, competitors and
publics.
Macro environment
The larger societal forces that affect the whole micro environment include-the demographic
environment, the political environment, the cultural environment, the natural environment,
the technological environment and the economic environment.
https://en.wikipedia.org/wiki/Market_environment
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What’s New
Career Options
Architectural Drafting
Technical drawing professionals can find jobs working with engineers in large
engineering firms. They will produce renditions for building projects, including bridges and
dams and other structures. Workers in this field might be required to have advanced math
skills. They may be asked to estimate quantities of building materials or determine certain
design requirements. Additionally they could be required to create three-dimensional models
of a proposed project, built to scale.
Electronics Drafting
Another career option for drafters is in the field of electronics drafting. Workers in this
sector will create the blueprints for circuit boards and other electronic components. They will
be required to create manual drawings as well as computer aided renditions of designs.
Workers in this field might need a background in electronics as well as advanced math
courses.
Manufacturing Designs
https://study.com/articles/
Careers_in_Technical_Drawing_Options_and_Requirements.htmlwell as artistic ability.)
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In order to know the basic Needs of the people in our surroundings /environment we
have to identify the following:
Everyone has his or her own needs and wants. However, people have different
concepts of needs and wants. Needs in business are important things that every individual
cannot do without in a society. These include:
1. Basic commodities for consumption
2. Clothing and other personal belongings,
3. Shelter, sanitation and health
4. Education and relaxation
Basic needs are essential to every individual so he/she may be able to live with
dignity and pride in the community of people. These needs can obviously help you
generate business ideas.
Wants are desires, luxury and extravagance that signify wealth and an expensive
way of living. Wants or desires are considered above all the basic necessities of life. Some
examples are the eagerness or the passion of every individual which are non- basic needs
like; fashion accessories, shoes, clothes, travelling around the world, eating in an exclusive
restaurant; watching movies, concerts, plays, having luxurious cars, wearing expensive
jewelry, perfume, living in impressive homes, and others.
Needs and wants of people are the basic indicators of the kind of business that you
may engage into because it can serve as the measure of your success. Some other good
points that you might consider in business undertakings are the kind of people, their needs,
wants, lifestyle, culture and tradition, and social orientation that they belong.
Here are some ways by which you may generate possible ideas for business.
1. Examine the existing goods and services. Are you satisfied with the product?
What do other people who use the product say about it? How can it be improved?
There are many ways of improving a product from the way it is made to the way it is
packed and sold? You can also improve the materials used in crafting the product.
In addition, you introduce new ways of using the product, making it more useful and
adaptable to the customers’ many needs. When you are improving the product or
enhancing it, you are doing an innovation. You can also do an invention by
introducing an entirely new product to replace the old one.
Business ideas may also be generated by examining what goods and services are
sold outside by the community. Very often, these products are sold in a form that
can still be enhanced or improved.
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2. Examine the present and future needs. Look and listen to what the customers,
institution, and communities are missing in terms of goods and services.
Sometimes, these needs are already obvious and felt at the moment. Other needs
are not that obvious because they can only be felt in the future, in the event of
certain developments in the community. For example, a town will have its
electrification facility in the next six months. Only by that time will the entrepreneur
could think of electrically- powered or generated business such as Xerox copier,
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 service, and these may be people or
institutions such as other businesses, establishments, organizations, or government
agencies.
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 around you. 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 copra-producing town, there will be
many coconut husks and shells available as “waste” products. These can be
collected and made into coco rags/doormat and charcoal bricks and sold profitably
outside the community.
A group of people in your neighbourhood 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 the next
generation. Some communities there set up weaving businesses to produce
blankets, as well as decorative items and various souvenir items for sale to tourists
and lowland communities.
Business ideas can come from your own skills. The work and experience you may
have in agricultural arts, industrial arts, home economics, and ICT classes will
provide you with business opportunities to acquire the needed skills which will earn
for 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 were invented this way.
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5. Read magazines, news articles, and other publications on new products and
techniques or advances in technology. You can pick up new business ideas
from Newsweek, Reader’s Digest, Business Magazines, Go Negosyo, KAB
materials, Small- industry Journal. The Internet serves as a library where you may
browse and surf on possible businesses. It will also guide you on how to put the
right product in the right place, at the right price, at the right time.
Listing of possible businesses to set up in an area may also be available from banks
or local non-government organizations.
Once you have embarked on identifying the business opportunities, you will
eventually see that there are many possibilities that are available for you. It is very unlikely
that you will have enough resources to pursue all of them at once. Which one will you
choose?
You have to select the most promising one from among hundreds and one ideas. It
will be good to do this in stages. In the first stage, you screen your ideas to narrow them
down to about five choices. In the next stage, trim down the five choices to two options. In
the final stage, choose between the two and decide which business idea worth pursuing.
In screening your ideas, examine each one in terms of the following factors:
1. How much capital is needed to put up the business?
2. How big is the demand for the product? Do many people need this product
and will continue to need it for a long time?
3. How is the demand met? Who are processing the products to meet the need
(competition or demand)? How much of the need is now being met (supply)?
4. Do you have the background and experience needed to run this particular
business?
5. Will the business be legal, not going against any existing or foreseeable
government regulation?
6. Is the business in line with your interest and expertise?
7. Your answers to these questions will be helpful in screening which ones
from among your many ideas are worth examining further and worth
pursuing.
There is a need to conduct environmental scanning to identity the needs and wants of
people, the niche for your business mission, and to give attention to trends and issues. This
may also serve as an evaluation of the type of the entrepreneurial activity appropriate in the
community.
Environmental scanning is defined as a process of gathering, analyzing, and
dispensing information for tactical or strategic purposes. The environmental scanning
process entails obtaining both factual and subjective information on the business
environments in which a company is operating.
What Is It
In generating business idea, you should identify first the needs of the environment,
the type of business which is suited to the needs. Identify the strength/ weakness/
opportunities/ threats in your business. And, the products/goods and services you are
planning to offer and will be patronized within the easy reach of your target
markets/consumers.
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT
Analysis is a technique for assessing these four aspects of your business.
You can use SWOT Analysis to make the most of what you've got, to your organization's
best advantage. And you can reduce the chances of failure, by understanding what you're
lacking, and eliminating hazards that would otherwise catch you unawares.
Better still, you can start to craft a strategy that distinguishes you from your competitors, and
so compete successfully in your market.
First, draw up a SWOT Analysis matrix, or use our free downloadable template. This
is a 2x2 grid, with one square for each of the four aspects of SWOT. Figure 1 shows
what it should look like.
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Bear in mind these simple rules for successful SWOT analysis.
Be realistic about the strengths and weaknesses of your business when conducting
SWOT analysis.
SWOT analysis should distinguish between where your business is today, and where
it could be in the future.
SWOT should always be specific. Avoid any grey areas.
Always apply SWOT in relation to your competition i.e. better than or worse than your
competition.
Keep your SWOT short and simple. Avoid complexity and over analysis
SWOT is subjective.
What’s More
1. Identify the decision. To make a decision, you must first identify the problem you
need to solve or the question you need to answer.
2. Gather relevant information.
3. Identify the alternatives.
4. Weigh the evidence.
5. Choose among alternatives.
6. Take action.
7. Review your decision.
66 and above
Directions: After filling out the chart above, try to list down all the probable business
opportunities which you may wish to venture in. Remember to consider the ideas and
suggestions discussed in Lesson 3. Use the suggested matrix below to indicate your choice.
Write your answers in your activity notebook.
Positive Factors
Negative Factors
Strengths Opportunities Weaknesses Threats
What I Can Do
Now that, you have all the information, are you ready to test your ability to generate
your own business idea? If your answer is yes, start studying the situation of a community
with a population of two thousand people. A new housing project will be constructed
adjacent to Daang Hari Street, close to Old San Juan Street, its main road. This housing
project targets the homeowners who are young couples with two kids, and very near to a
Community College and University.
Direction: In this activity, you need to answer the questions that may lead to the generation
of a probable business. Your answers to these questions will serve as the bases in
formulating your own business ideas.
Summary
Now that you had learned a bundle of skills and knowledge on different concept of
conducting SWOT Analysis, identifying the different product/service available in the market,
comparing different product in technical drafting, determining the profile of potential
customer, and generate potential business idea base on the SWOT analysis, this all skills
and knowledge brings you into a better views of business venture, may this skills and
knowledge will help you for the next lesson.
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Assessment: (Post-Test)
Multiple Choice: Read the statements carefully. Write only the letter that corresponds to
your answer.
3. Thong plans to put a “digi-print” studio in their locality. Which of the following will
help him determine his plan for a success setting up of his business?
a. Survey of consumer associations
b. Checking for similar business to avoid competition
c. Getting feedback on the quality of service
d. Conduct a SWOT analysis
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