GEN 009 Module 5 SAS

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GEN 009: Entrepreneurial Mind

Module #5 Student Activity Sheet

Lesson Title: The Entrepreneur and the Manager Material: SAS

Learning Target: Reference:


At the end of the module, students will be able to: Go, Josiah (2018) Entrepreneurship:
1. Explain what is an entrepreneur and a manager Starting an Enterprise. Having an
Innovation Mindset.

Productivity Tip: Life is not always perfect. There is always a possibility for a problem. The problem is not the
end. But it’s the beginning of a different life.

A. LESSON PREVIEW/REVIEW

Introduction

After reading the Lesson Title, you must be wondering the differences between an entrepreneur and a
manager. So, let us start with our new lessons.

Please read the learning target before you proceed to the succeeding sections of the module. The
learning target is your goal. Remember, you need to achieve the learning target at the end of the lesson.

B. MAIN LESSON

Content and Skill-Building

Topic # 1 Entrepreneur versus Manager

Entrepreneur refers to a person who creates an enterprise, by taking financial risk in order to get profit.
A Manager, on the other hand, is an individual who takes the responsibility of controlling and administering the
organization.

The similarities between an entrepreneur and business managers reveal that they both are decision
makers; both have managing abilities and can project forward. To become successful in either field both, possess
great time management, organization, prioritize, monitor plans, have great communications and listening skills.
This equates to successful entrepreneurs and business managers.

Levels of Management

a. Top Level – senior executives of an organization and are responsible for its overall management.
Referred to as Strategic Managers. E.g., CEO, CFO, COO, GM
b. Middle level – sometimes called Tactical Managers, they are responsible for translating the general
goals and plans developed by strategic managers into more specific activities. E.g., Regional
Managers, Division Managers

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GEN 009: Entrepreneurial Mind
Module #5 Student Activity Sheet

c. Lower – sometimes called front-line or Operational Managers, they supervise the operations of the
organization. They often have titles such as supervisors. E.g. Branch Managers, Department
Managers, Supervisors

Management skills

a. Technical skills – the ability to perform a specialized task involving a particular method or process.
b. Conceptual skills – the ability to identify and resolve problems for the benefit of the organization and its
members. It is the ability to see the big picture.
c. Interpersonal skills – people skills; the ability to lead, motivate, and communicate effectively with others.

Basis for Comparison Entrepreneur Manager


Meaning A person who creates an Is an individual who takes the
enterprise, by taking financial responsibility of controlling and
risk in order to get profit. administering the organization.
Focus Business start-up Ongoing operations
Primary motivation Achievement Power
Approach to task Informal Formal
Status Owner Employee
Reward Profit Salary
Decision-making Intuitive Calculative
Driving force Creativity & Innovation Preserving status quo
Risk orientation Risk taker Risk averse

Now, let us proceed to the activities that will strengthen your knowledge of the topic.

Check for Understanding

Try to finish the exercise before going through the Answer Key at the last page. This will help in
checking if you have understood the lessons in this module before going to the next module.

Exercise 1: Read each statement carefully. Identify who is being described in each number, a Manager or an
Entrepreneur.

__________1. A person who focuses on the operations of a business.

__________2. This individual is known to be a risk taker.

__________3. This person is motivated by power.

__________4. This person is characterized as being creative and innovative.

__________5. An individual who is formal in doing tasks.

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GEN 009: Entrepreneurial Mind
Module #5 Student Activity Sheet

__________6. Intuition is commonly used by this person.

__________7. Though located on the higher part of the organizational chart, this individual is still

considered an employee of the company.

__________8. Profit is the best reward for this person.

__________9. The reward for this individual is salary.

__________10. This individual’s approach to the task is informal.

Exercise 2: Read each statement carefully. Identify what management skills are being discussed in each
statement.

__________1. This skill is necessary when leading, motivating, and communicating with others.

__________2. It is the ability to see the big picture.

__________3. This skill is commonly used in performing a specialized task.

__________4. A person’s expertise is an example of this skill.

__________5. This skill is important when identifying and resolving problems for the benefit of the
organization and its members.

Exercise 3: Fill in the blanks.

1. A CEO is an example of a ____________ level manager.

2. A. Regional Manager is an example of a _____________ level manager.

3. Supervisors or Department managers are considered as _____________ level managers.

C. LESSON WRAP-UP

This document is the property of PHINMA EDUCATION


GEN 009: Entrepreneurial Mind
Module #5 Student Activity Sheet

Summary

The main difference between Entrepreneur and Manager is their roles in the organization. An
entrepreneur is the owner of the company whereas a Manager is the employee of the company. Entrepreneur
is a risk-taker; they take financial risk for their enterprise. The entrepreneur has a vision and focuses on
achievements and profit.

Thinking about Learning

Congratulations for finishing this module! Shade the number of the module that you finished.

Did you have challenges learning the concepts in this module? If none, which parts of the module helped you
learn the concepts?
_______________________________________________________________________________________
________________________________________________________________________________________

Some question/s I want to ask my teacher about this module is/are:


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