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Module 6 Entrep

The document discusses screening a proposed business solution and selecting the best one. It provides information on viability, profitability, and customer requirements for screening solutions. The document also provides examples and assessments for learners to practice screening and selecting the best solution for a business need or opportunity.
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0% found this document useful (0 votes)
114 views9 pages

Module 6 Entrep

The document discusses screening a proposed business solution and selecting the best one. It provides information on viability, profitability, and customer requirements for screening solutions. The document also provides examples and assessments for learners to practice screening and selecting the best solution for a business need or opportunity.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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First quarter, Module 6, Week 6

Screen the Proposed Solution and Select the Best

Content Standard : The learner demonstrates understanding of


concepts, underlying principles, and processes of
developing a business plan.
Performance Standard : The learner independently or with his/her
classmate presents an acceptable detailed
business plan.
Learning Outcomes : Upon the completion of the given unit, the
SHS students are expected to demonstrate
understanding of the market for the opportunity
in its needs as part of an
acceptable business plan.
Competencies : TLE_ICTAN11/12PC-Ia-1

What I Know

Be at your advance pace!

Matching Type. Copy to connect each phrase to the matching


business screening column. Write each correct answer clearly in a separate
sheet of paper.

BUSINESS SCREENING PHRASE


Viability of your business  is about whether or not your
1. business gains.
2.  are determined by your customers.
Profit for your benefit or gain  is the holding of profits over a period
of time.
3.
 is the long-term survival.
4.
 is usually monetary in form.
Customer Requirements
5.

It is in your proper screening of opportunities for your business that the


best solution is known as entrepreneurs have cited this.
What I Need To Know

Screen your option of ideas. In this key move you are expected to:
 apply the ways in which a proposed solution is screened for
business
 explain which is the best selected solution
 express how the best solution is selected

What’s In

Take a bit of time to look back then you can go onward.

Completion. Place labels on the parts of the diagram to show the 3S


Cycle to Meet Needs. Write each correct answer clearly in a separate sheet of
paper.

•No.1 • No.2

No.5 No.6

No.7 No.8

•No.3 •No.4

How familiar are you about the cycle? The ease with which you were able
to note the cycle, is closely similar to how you will be able to screen and select
the best solution in the form of good or service, for a need in your community.
Most entrepreneurs would say this.
What’s New

Move forth to screen and select the best business solution!

Brief essay. Briefly answer each question in one sentence. Write the
answer clearly on a separate sheet.

1. What is the need in which you have a business solution?

2. What is the good or service that you propose to meet the need?

3. Describe how confident you are about your good or service for the
need.

The need that you are to address is already identified along with the
product or service. It is a must to screen the product or service as a
business, as expressed by business people.

What Is It

To screen the proposed business solution/s is based


on viability, profitability, and customer requirements.

How would you know the viability, profitability and customer


requirements of a business?

Viability of your business. It is the long-term


survival of holding profits over a period of time. The
longer your business can stay profitable, the better
is its viability.

Profit for your benefit or gain. Usually monetary in


form. Profitability of your business is about whether
or not it gains money or has a benefit.

Use this simple formula to calculate net profit:


Revenue – Expenses = Profit.
A positive number means a profit, a negative number means
loss. Zero means breaking even, you are not gaining nor losing in
business.
Customer Requirements or what your buyers say. The characteristics
and specifications of a good or service are determined by
your customers. Keep their trust to rely on the quality you provide.
These are formulated by entrepreneurs to measures the probable
success in business.

What’s More

Application. Ponder on the product or service that you are proposing


to meet the need.

Describe the product or service to do screening as indicated below.


One (1) sentence each.
Write the answer clearly on a separate sheet of paper.

• VIABILITY
1
• PROFITABILITY
2
• CUSTOMER REQUIREMENTS
3

A solution that is a business proposal has to withstand financial and


market pressure as business experts have stated.

What Have I Learned

Select the best from the probable solutions.

Always have in mind.

To screen the proposed business solution/s is based on


viability, profitability, and customer requirements,
if it is really a business opportunity.
Brief Essay. In three (3) sentences, discuss why the product or service is the
best solution for the need you identified. Write your answer clearly, in a
separate sheet.

Discuss:

BEST PRODUCT OR
SERVICE FOR THE NEED

Your selection of the best solution is for the mutual benefit of your
business and community, entrepreneurs remarked on this as essential.

What I Can Do

Brief Essay. In three (3) sentences, discuss why your proposal is best
for a business venture. Write the answer clearly in a separate sheet.

Discuss:

BEST PRODUCT OR
SERVICE FOR BUSINESS

Propose the best solution for a need. Screen its achievability in


business, this is a general recommendation by business experts.
Assessment

Screen yourself on the concepts.

MULTIPLE CHOICE: Read and understand each item carefully.


Encircle the corresponding letter of the correct answer.
1. To screen is based on viability, profitability, and customer requirements.
What is this screen for?
A. Packaged business solution B. Pointed business solution
C. Plotted business solution D. Proposed business solution
2. A business is viable. How to know the viability of a business?
A. It’s the long term of processing.
B. It’s the long-term of profit holding.
C. It’s the long-term programming test.
D. It’s the long-term promotional policy.
3. A business is profitable. What is profitability?
A. Balance or net B. Base or center
C. Benefit or gain D. Benchmark or scale
4. A business is with customer requirements. How are the requirements
provided?
A. It’s in the bundling or packing. B. It’s in the good or service.
C. It’s in the delivery or the supply. D. It’s in the pricing or rating.
5. Select the best solution. How is selecting the best solution done?
A. Screening buyers B. Screening competitors
C. Screening manufacturers D. Screening proposal

Additional Activities

How did you measure up to your Self-check?


Continue ahead and use your awareness in daily application.

Brief Essay. Write clearly on a separate sheet of paper for your response.

a. How will you do the practical daily living use of what you have taken up?
Include how it will allow you to promote credible and disciplined attitude.

b. Ask-all-You-can about what you took up here. I will write back and post
answers online.
https://www.slideshare.net/NenzkieMojares/entrep2-pp-106163659
https://www.thebusinessplanshop.com/blog/en/entry/market_analysis_for
_business_plan
https://www.mbaskool.com/business-concepts/marketing-and-strategy-
terms/12221-potential-
https://www.managementstudyguide.com/what-is-market.htm
https://simplifytraining.com/course/identifying-customer-needs/

Prepared by:

BETHYL B. GACAYAN
Teacher III
Abellana National School
For inquiries or feedback, please write or call:

Department of Education - Bureau of Learning Resources (DepEd-BLR)

Ground Floor, Bonifacio Bldg., DepEd Complex


Meralco Avenue, Pasig City, Philippines 1600

Telefax: (632) 8634-1072; 8634-1054; 8631-4985

Email Address: [email protected] * [email protected]

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