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Entrep Quarter 3 Week 3 Day 1

This document provides information about entrepreneurship as a subject for Grade 12 students. It discusses the importance of developing a business plan and having objectives like recognizing market needs and determining viable products or services. It also explores the competencies of entrepreneurs like being decisive, a communicator, and an opportunity seeker. The document outlines different types of entrepreneurs and career opportunities. Key factors that affect entrepreneurship are also examined, including personality traits and environmental conditions.

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CeeDyey
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477 views59 pages

Entrep Quarter 3 Week 3 Day 1

This document provides information about entrepreneurship as a subject for Grade 12 students. It discusses the importance of developing a business plan and having objectives like recognizing market needs and determining viable products or services. It also explores the competencies of entrepreneurs like being decisive, a communicator, and an opportunity seeker. The document outlines different types of entrepreneurs and career opportunities. Key factors that affect entrepreneurship are also examined, including personality traits and environmental conditions.

Uploaded by

CeeDyey
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ENTREPRENEURSHIP

Grade 12 – STEM, ABM,


HUMSS, TVL
Prayer:
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 classmates presents an
acceptable detailed business plan.
Objectives
01 02
Recognize a potential market Analyze the market need

03 04
Determine the possible product/s or Screen the proposed solution/s based
service/s that will meet the need; on viability, profitability, and customer
requirements; and

05
Select the best product or service that
will meet the market need.
TLE_ICTAN11/12PC-Ia-1
Competencies of
Entrepreneurs
RECAPITULATION
Let Me Know
Directions: Give at least five (5) names of
entrepreneurs that you know, may it be from your
locality or within the Philippines. Identify what are
their common traits as entrepreneurs. Write it on your
activity on your answer sheet.
What is it?

Directions: Explain the following


questions below about the competencies
of entrepreneurs.
What is it?
1. What characteristics can you observe or see that are
common among the entrepreneurs that you have listed?
2. Who among the entrepreneurs that you mentioned do you
admire the most and why?
3. In your own opinion, what do you need to possess to
become a successful entrepreneur?
RELEVANCE OF
ENTREPRENEURSHIP TO
AN ORGANIZATION
1. Development of Managerial Capabilities

oThis means that one of the benefits an


entrepreneur gets is to develop his
managerial skills.
2. Creation of Organizations

oWhich means that because of


entrepreneurship many
organizations will exist.
3. Improving Standard of Living
oThis means that
entrepreneurship can lift up
the economic status of an
individual.
4. Means of Economic Development

oThis means that not only the life


of the entrepreneur is improved
but also the society where the
business is located.
CONCEPT OF
ENTREPRENEURSHIP
ENTREPRENUER
o Derived from the French verb enterprendre, which
means “to undertake.
o This is pinpointing to those who “undertake” the risk
of enterprise.
o The enterprise is created by an entrepreneur and the
process is called “Entrepreneurship.”
ENTREPRENUER
oAre innovators.
oWilling to take the risks and generate
unique ideas that can provide profitable
solutions to the needs of the market and
the society.
FACTORS AFFECTING
ENTREPRENEURSHIP
1. Personality Factors which include:
a. Initiative - doing things even before
being told.
b. Proactive - which means he can
classify opportunities and seize it.
1. Personality Factors which include:
c. Problem Solver - which means he can
retain good relations with other people.
d. Perseverance - meaning he will pursue
things to get done regardless of challenges.
1. Personality Factors which include:
e. Persuasion - means that he can entice people to buy
even if they don’t want to.
f. A Planner - he makes plans before doing things and
does not fail to monitor it.
g. Risk-taker - which means that he is willing to
gamble but he will calculate it first.
2. Environmental Factors
o Include political, climate, legal system,
economic and social conditions and
market situations.
COMMON COMPETENCIES
IN ENTREPRENEURSHIP
1. Decisive
o an entrepreneur must be firm in making
decisions.
2. Communicator
o an entrepreneur must have a
convincing power.
3. Leader
o an entrepreneur must have the
charisma to be obeyed by his
employees.
4. Opportunity Seeker
o an entrepreneur must have the
ability to be the first to see
business chances.
5. Proactive
o an entrepreneur can control a situation
by making things happen or by
preparing for possible future problems.
6. Risk Taker
o an entrepreneur has the courage
to pursue business ideas.
7. Innovative
o the entrepreneur has big business ideas
and he does not stop improving and
thinking of new worthwhile ideas for
his business.
CORE COMPETENCIES IN
ENTREPRENEURSHIP
1. Economic and Dynamic Activity
o Entrepreneurship is an economic activity because
it involves the creation and operation of an
enterprise with a view to creating value or wealth
by ensuring optimum utilization of limited
resources.
2. Innovative
o The entrepreneur constantly looks for
new ideas, thus he needs to be creative.
3. Profit Potential
o The entrepreneur can be compensated
by his profit coming from the
operation.
4. Risk Bearing
o The entrepreneur needs to
gamble but wise enough to
offset the risk.
TYPES OF
ENTREPRENEURS
1. Innovative Entrepreneurs
o They are those who always make new
things by thinking of new ideas. They
have the ability to think newer, better
and more economical ideas.
2. Imitating Entrepreneurs
o They are those who don’t create
new things but only follow the
ideas of other entrepreneurs.
3. Fabian Entrepreneurs
o They are skeptical about changes to
be made in the organization. They
don’t initiate but follow only after
they are satisfied.
4. Drone Entrepreneurs
o They are those who live on the
labor of others. They are die-hard
conservatives even ready to suffer
the loss of business.
5. Social Entrepreneurs
o They are those who initiate changes and
drive social innovation and transformation
in the various fields such as education,
health, human rights, environment and
enterprise development.
CAREER
OPPORTUNITIES OF
ENTREPRENEURS
1. Business Consultant
o with the expertise of in the field of
entrepreneurship, he can be a very good
source of advices to other entrepreneurs
and would be business men.
2. Teacher
o a graduate of an
entrepreneurship can use his
knowledge in teaching.
3. Researcher
o the entrepreneur can be
employed as a researcher by an
enterprise.
4. Sales
o the entrepreneurship graduate
can apply as a salesman.
5. Business Reporter
o the entrepreneur being expert in the
field, can be employed as a
business reporter.
Developing Mastery

●What are the different


Competencies of
Entrepreneurs?
What’s More
Self-Assessment
Direction: Find out if you have the qualities
of an entrepreneur. Put a check mark on the
column that identifies whether you have the
qualities of an entrepreneur or not.
What’s More
Self-Assessment
QUALITIES YES NO
Risk Taker

Communicator

Leader

Opportunity Seeker

Proactive

Innovator

Decisive
Assessment
Answer the questions given
below. Choose the letter of the
correct answer.
Assessment
1. The entrepreneurs who create new ideas
are called ______________.
a. Innovative
b. Imitating
c. Fabian
d. Drone
Assessment
2. Which of the following does not belong to the
group?
a. Skills management
b. Risk taking
c. Conduct research
d. Make no changes with his product
Assessment
3. It is a personality factor which means “doing
things even before being told.”
a. proactive
b. perseverance
c. persuasion
d. initiative
Assessment
4. Which of the choices is NOT part of the
environmental factors?
a. Political
b. Weather condition
c. Climate
d. Family background of the manager
Assessment
5. Which of the statements below is true?
a. Entrepreneurs have limited career
opportunities.
b. Entrepreneurs are prone to constant high
income.
c. Entrepreneurs are contributors to the
development of the society.
d. Entrepreneurs are the reasons for the
unemployment problem.
ENRICHMENT
Directions: Research on the life story of at
least three (3) entrepreneurs in your locality;
identify how they started their business. Ask
how much was their start-up capital.
Thank you! 

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