Sas 4 Padua Abm 1203 A.E Padua

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What I know (20minutes)

Learning Task #1: Remember me!


Direction: As ABM students, it is imperative for you to remember business terminologies that will be
very useful for the succeeding topics. Identify the terms being asked in each statement.
DEMAND 1. The desire, willingness, and ability to buy a good or service.
DEMAND CURVE 2. The line that connects points in a graphical representation for Demand and
Supply.
DEMAND SCHEDULE 3. Table that lists the various quantities of a product or service that someone is
willing to buy over a range of possible prices.
PRINCIPLE OF DIMINISHING MARGINAL UTILITY 4. One reason the demand curve slope’s
downward which states that our additional satisfaction
tends to go down as we consume more and more units. To make a buying decision, we consider
whether the satisfaction we expect to gain is worth the money we must give up.
UTILITY 5. The reason why we buy products and avail services due to the pleasure, usefulness, or
satisfaction they give us.
AGGREGATE DEMAND 6. Refers to one individual consumer or to the total demand of all consumers
in the market.
EQUILIBRIUM PRICE 7. Economic theory suggests that, in a free market there will be a single price
which brings demand and supply into balance.
SURPLUS 8. the amount by which the quantity supplied is higher than the quantity demanded.
POPULATION 9. A factor affecting demand that refers to the number of products and services that may
increase and decrease overtime.
TASTE AND PREFERENCE 10. A factor affecting demand that refers to the specified choices of
people on certain products and services.
PRICE OF COMPLEMENTS 11. A factor affecting demand that refers to the goods and or services that
are normally bought and availed together.
PROFIT 12. A factor affecting supply that provides revenue to businesses.
TECHNOLOGY 13. A factor affecting supply that refers to development in operation in way that
companies do business.
EXPECTATION OF FUTURE PRICES 14. A factor affecting supply that refers to basic disturbances in
the environment that affects the of
doing business.
INCOME 15. A factor affecting demand that refers to the buying power of people.
What’s In (20minutes)
Learning Task# 2: “Let’s Connect the dots”
Directions:
Understand the connection of this topic from the previous one.
 This topic is relevant to the first lesson because pricing is one of the important aspects in
economic decisions specially on markets. Also, price has something to do with supply and
demand. It directly influenced them. That is why it is important to consider price.
Re-state in your own words the concept in the given figure and answer the questions below.
 According to the Law of demand there is a positive relationship between price and quantity
supplied. I agree with it because when price goes down, many customers will buy the product
causing its supply to diminish. Meanwhile when price increases, customers won’t be that
interested of the product causing its supply to go up or increase.
 The figure that is shown only shows that price and quantity demand is inversely proportional to
each other. As price goes up, the demand of customers will decrease. When price decrease,
demand increase. Thus, price really affects economic decisions specially when purchasing
products.
What’s New (20minutes)
Learning task #3: “Let’s Blaze a Trail!”
Directions: Decipher the given problem, discover how to properly plan a loan money, and most
importantly decipher how to seek for alternative means if you think your short of fund and how the price
market price determines that way you will decide.
• Read and analyze the given situation and provide a budget plan.
• Explain in 5 to 10 sentences how would you choose to spend your loan money?
• Ask guidance from your parent.
THE SITUATION:
You just arrived at college and received your college loan money. With the money, you needed to buy
books, school supplies, a computer, pay your due for the semester, pay for your dorm rent and save.
Some money for other necessities. Your loan money is PHP 50,000 only with the following
considerations:
Dorm rent – 1 advance, 1-month deposit
You have 8 subjects, 7 out 10 you need books
You need a laptop
Basic school supplies
Your tuition fee is due after a month
Budget Allocation Budget Allocated
Tuition Fee 1000/month 10 months= 10,000
Basic School Supplies 5,000
Laptop 15,000
Books 5,000
Dorm Rent 500/month 10 months= 5,000
Others 10,000
TOTAL: Php. 50,000

Honestly, I am not sure if my budget plan would work but I will do my best to follow this budget
plan. I had allocated my almost 20 percent of my budget for the necessary payments like tuition fee and
dorm rent. Meanwhile I had placed the remaining money for other payments like books and other
miscellaneous fees. I will also ensure that I can buy a laptop which will be very essential in college.
Moreover, I am planning to have some other source of income like part time jobs and small time
business so that I can prepare money for emergency payments too.
What’s More (20minutes)
Learning Task 4 “Go an extra mile”
Directions: Lets us apply what we learned. Do the activity below and answer according to what is ask in
precise and in brief.
A. For INCENTIVE. Ask for your parents help. Decipher and name three (3) each of the kinds of
the kinds of INCENTIVES given by their employer in the workplace to motivate and influence
employee’s behavior. Explain in three (3) to five (5) sentences how the identified INCENTIVES
positive and negative influence and motivate employee’s behavior.
 Tax Incentives
 Recognition Incentives
 The Good Old Cash Bonus
 Because of the following incentives, the employees of the company will be more inspired.
They will be boosted to become more hardworking so that productivity will be empowered.
Thus, the following incentives will boost and motivate the employees to work effectively and
efficiently. However, this can also cause negative effects to the company when the
employees take advantage of the incentives that the company offers.
B. For CBA. Peruse (read and comprehend intently) the situation below and apply compute for the
CBA such as: Total cost/total revenue (or benefits) = length of time (payback period). Convert
the payback period in months. Custom Graphic Works has been operating for just over a year,
and sales are exceeding targets. Currently, two designers are working full-time, and the owner
is considering increasing capacity to meet demand. This would involve leasing more space and
hiring two new designers.) He decides to a CBA to explore his choices.
 Total Cost/Total Revenue=Length of time (Payback period)
1,671,000/3,777,521.28= 0.44 per year
0.44X12=5.3 Months
ASSUMPTIONS:
1. Currently, the owner of the company has more work than he can cope with, and he is
outsourcing to other design firms at a cost of 50 an hour. The company outsources an average of
100 hours of work each month.
2. He estimates that revenue will increase by 50% with increased capacity.
3. Per-person-production will increase by 10% with more working space.
4. He expects benefits to accrue within the year

What I Have Learned (10minutes)


Learning Task 5 “I LEARNED THAT….”
Complete the following phrases.
The topic was about
It matters because
I’ve learned today that
What I can do (30minutes)
Learning Task 6 “Let’s go Further”
Directions: Answer the given situation below. Ask you parents assistance. You are given a budget of
Php500 and make a healthy meal plan for the day (breakfast, lunch and dinner).
TIME MEAL BUDGET
Breakfast Pandesal, Egg and Sinangag, 100 pesos
Coffee
Lunch Sinigang na Baboy, Rice 250 pesos
Dinner Adobo, Pakbet, Rice 150 pesos
Total 500 pesos

Processing Question:
What is the implication of market price in your decision to make the meal plan?
 Market price is indeed relevant in deciding for my meal plan specially because I have to
consider it when budgeting my fund. I had to make sure that the market price of the product that
I am going to purchase will be suitable with my budget.
Assessment What I can do? (30minutes)
Learning Task 7 “Let’s hit the nail on the head”
Directions: Determine the implication of market pricing in economic decision-making. Compare prices of
basic commodities in groceries, public market, and sari-sari store. Ask assistance from your mother to
do this. Below is a sample chart, you may add more items as you wish.

Processing Question:
After doing the “What I can Do” activity and doing this, what have you realized? Did your perception on
pricing change? Would your buying habits be the same after comparing prices? Do you think you are
being thrifty buying in a sari-sari store than in supermarket and or public market? Why? And why not?
 After what I can do activity I have realized that there is a significant difference between the
prices of goods on supermarkets, public market price and sari-sari store prices. Most of the
times sari-sari stores charges higher compared to supermarkets and public markets. My
perception regarding this matter doesn’t change. Meanwhile my buying habits will still be
constant no matter what.
 When I buy in a public market, I will be more thrifty since cost of goods were lesser in there
compare to sari-sari stores and supermarkets.
Additional Activities (What other Enrichment activities can I engage in?) (20mins)
Directions: Do what is asked and answer the question.
3-way summary:
1 – Look into and study the on concept on “Economies of Scale”
2 – Deciphering the concept, explain how this is related to the topic at hand.
3 – How does the concept of “economies of scale” beneficial in the consumer and affect their
buying habits and economic decision-making.

REFLECTION: (10 minutes)


Answer the questions and make a refection journal.
“WHAT HAVE I DISCOVERED ABOUT MYSELF AS A LEARNER?”
1. Remember – What did I accomplished?
2. Understand – What is important about what I did?
3. Apply – How could be able to utilize what I learned?
4. Analyze – Where I able to accomplish my task on my own?
5. Evaluate – How well did I do? What could be done differently?
6. Extend – How can I use this knowledge in the future
These SAS has made me realized the importance of planning in starting of a business. While digging
up the lessons, I have realized that I really wanted to start up my own business someday. I really want
to build my own computer and print shop and I was able to conceptualized how am I going to do it. O
also learned what market equilibrium, supply and demand is. I have realized the importance of
assessing the economics’ state and I know that I am going to use it on my future business. Meanwhile,
If I am going to rate my self over 1-10, I will rate it 8.

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