Entrep12 W2-D2

Republic of the Philippines
Department of Education
Region III – Central Luzon
SCHOOLS DIVISION OF BULACAN
BULIHAN HIGH SCHOOL
Daily Lesson Plan in Introduction to Entrepreneurship 12

of Ms. Ma. Bernadette N. Castillo
August 6, 2024-Tuesday
DLP No.: 6 Learning Area: Grade Level: Semester: Duration: Code:

Entrepreneurship 12 Grade 12
Quarter: 1st 1 hour CS_EP11/12
Quarter ENTREP-0a-2
Content Standard The learner demonstrate understanding of concepts, underlying

principles, and processes of developing a business plan.
Performance Standard The learner independently or with his/her classmates presents an

acceptable detailed business plan.
Learning Recognize a potential market

Competencies/Objectives
1.1 Identify the market problem to be solved or the market need to be
met.
CONTENT Development of Business Plan
Market problem to be solved or market need to be met
LEARNING DepEd Entrepreneurship (Q1-Module 1), Powerpoint Presentation

RESOURCES
PROCEDURES
Introductory Activity - Prayer

- Greetings
Time Frame: 5mins - Checking of Attendance
- Before you proceed to the new lesson, let’s try to review the previous lesson.
Activity Social media has been very active in terms of spreading the word about
practically anything and everything. As a budding entrepreneur, how can you
Time Frame: 5 mins take advantage of this trend to generate potential opportunities? List down at
least 3 potential business opportunities that you see. Briefly explain your
answers.
1. ________________
2. ________________
3. ________________
Analysis (Discussion of the Topic)
Time Frame:20 mins Forces of Competition Model

It is also known as the “five forces of competition”. An industry environment is a
competitive environment. Regardless of what product or services you have,
competition is always present.
Competition – it is the act or process of trying to get or win something.
For example, the prices are lower when there is a competition among the stores.
These are the five forces competing within the industry:
Buyers
Potential new entrants
Rivalry among existing firms
Substitute products
Supplier
1. Buyers
The buyers are the ones that pay cash in exchange for your goods and services.
One example is the influence of the price or in the bargaining strategy. The buyer
has a strong and magnified bargaining power. The threat of its bargaining power
will be less if the following factors are noticed:
a. There are several suppliers available in the market.
b. The buyer has the potential for backward integration.
c. The cost of switching the supplier cost is minimal.
d. The product represents a high percentage of the buyer’s cost.
e. The buyer purchases large portions of the seller’s product or services.
2. Potential New Entrants

A new entrant is defined as companies or businesses that have the ability to
penetrate or enter into a particular industry. For example, in the level of capital
requirements, if the business requires huge capital, new entrants should decline
to join the business. This gives a threat to the business. This can be noticed if
there is the presence of the following factors:
a. Substantial capital requirement
b. Strict government policy
c. Difficulty in accessing distribution channels
d. Economies of scale
e. High cost of product differentiation
f. High switching cost
3. Rivalry among Existing Firms

Rivalry is a state or situation wherein business organizations are competing with
each other in a particular market. For example, it depends on the marketing
strategy of your competitor, like giving freebies and special offers. The intensity
of rivalry among existing firms is characterized to the following factors:
a. Diversity of rivals
b. Number of competing firms
c. Characteristics of the products or services
d. Increased capacity
e. Amount of fixed costs
f. Rate of industry growth
4. Substitute Products
Substitute is one that serves the same purpose as another product in the market.
For example, the consumers decide to use margarine as a substitute for butter.
In case the price of butter increases, preferably the consumer will gradually
switch to margarine.
A substitute product can give a big threat in the industry environment if the
following factors are noticed:
a. Switching cost is low
b. Preferences and tastes of the customers easily change
c. Product differentiation is highly noticeable
d. The quality of substitute products dramatically improves
e. The price of substitute product is substantially lower
5. Suppliers
The Suppliers are the one that provide something that is needed in business
operations such as office supplies and equipment. In an example where supplies
and services being offered is unstable the intensity of the threat is strong in this
kind of the competitive force in the industry. This can be noticed if there is the
presence of the following factors:
a. The supplier has the ability for forward integration
b. Suppliers in the industry are few, but the sales volume is high
c. Substitute products are not readily available in the market
d. The switching cost is very high
e. The product or service is unique
Abstraction Processing question/s:

A. What are the five forces of competition?
Time Frame:5mins
B. What is competition?
Application
Time Frame:10mins
Assessment
Time Frame:10 mins
Assignment
Time Frame:5mins
Concluding Activity
Time Frame:
REMARKS
REFLECTION
Prepared by:
MA. BERNADETTE N. CASTILLO

SHS Teacher I
Checked by:
GRACE T. MILITAR
SHS Focal Person
Noted by:
EVANGELINE G. PANGAN, PhD

Head Teacher III/ Officer-in-Charge

Entrep12 W2-D2

Uploaded by

Copyright:

Available Formats

Entrep12 W2-D2

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Entrep12 W2-D2

Uploaded by

Copyright:

Available Formats

Republic of the Philippines

Daily Lesson Plan in Introduction to Entrepreneurship 12

DLP No.: 6 Learning Area: Grade Level: Semester: Duration: Code:

Content Standard The learner demonstrate understanding of concepts, underlying

Performance Standard The learner independently or with his/her classmates presents an

Learning Recognize a potential market

LEARNING DepEd Entrepreneurship (Q1-Module 1), Powerpoint Presentation

Introductory Activity - Prayer

Time Frame:20 mins Forces of Competition Model

2. Potential New Entrants

3. Rivalry among Existing Firms

Abstraction Processing question/s:

Time Frame:10 mins

MA. BERNADETTE N. CASTILLO

EVANGELINE G. PANGAN, PhD

You might also like