Entrep Las Final M 1

Republic of the Philippines
Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF HIMAMAYLAN CITY
QUARTER 1, WEEK 1
LEARNING ACTIVITY SHEET NO.1-MELC NO.1
Name:___________________________________Grade/Section____________________Date:______
ENTREPRENEURSHIP
Overview of Entrepreneurship and its Relevance to SHS
Students
I. Learning Competency:
Discuss the relevance of the course
II. Background Information for the Learners
What comes ti your mind when you hear the words “Entrepreneur” and
“Entrepreneurship”? You may instantly think that an entrepreneur is a person engage
in business and entrepreneurship as the business itself. For others, entrepreneur
refers to an ordinary businessman/businesswoman and the latter to be a small-to-
medium scale business. Some think that the two terms are just same.
In this lesson you will learn
 Operational definitions of the terms entrepreneur and entrepreneurship in
terms of concepts, beliefs, understanding and approaches adopted by an
entrepreneur and an ordinary businessman.
 The lesson likewise aims to build a strong entrepreneurial foundation for senior
high school student to become successful entrepreneurs.
DEFINITION OF TERMS:
Entrepreneur- a French word entreprendre which means “to undertake “
- A person who undertakes the risk of starting a new business venture.
- A person who creates a firm, which aggregates capital and labor in order to produce
goods or services for profit.
-Someone who develops an enterprise around an innovation. They manage the business
and assume the risk for its success.
Entrepreneurship- is an important driver of economic growth and innovation.

High-risk, but also can be high-reward as it serves to generate economic wealth, growth
and innovation.
The act of creating businesses while building and scaling it to generate profit.
Study of how new businesses are created as well as the actual process of starting a new
business.
Address: Vallega St., Brgy. I-Poblacion, Himamaylan City

Telephone: (034) 744-6276
Email Address: himamaylan.city@deped.gov.ph
Entrepreneurship in the Philippines (Batalla. V. (2011)
The notion of the entrepreneur as simply one who forms and manages business is
apparent in government programs that attempt to develop small-scale industries. In the
Philippines, many entrepreneurial development-training programs rest on such
assumptions. But even without the presence of government support, the statistics for the
past 50 years or so on the number of business establishment
S formed every year would generally show an increasing trend. They were mostly in food
processing, property development, and trade (including shopping malls).
In 2005, the top 50 Philippine corporation in terms of sales could be broken down into 22
private domestic firms,23 foreign firms and 5 government pwned and/or controlled
corporations (BizNews Asia 2oo7 as cited by Batalla, V.,2011). The 22 companies could be
identified with the 11 families and individuals mostly Filipinos of Chinese ethnic
background. The 11families and background were the Zobel family (Ayala).the Lopez clan,
Lucio Tan, Henry ys, John Gokongwei, Alfonso Yuchengco, Eduardo Cojuangco Jr., Jose
Yao Campos (Unilab Group of Companies), George Ty (Metrobank),Mariano Que ( Mercury
Drug) and Tony Tan-Caktiong ( Jollibee).
RELEVANCE OF ENTREPRENEURSHIP
Importance of Entrepreneurship
 Creates employment
 Enhances Productivity
 Entrepreneurship spurs innovation.
 Enhances the standard of living
 Promotes Research and development
 Creates social change
 Economic advancement
 Community development
 Entrepreneurship decreases poverty.
Relevance Entrepreneurship to SHS students

 Teaches basic life skills.
 Enhances creativity
 Develops problem-solving and identification capability
 Boots leadership quality.
 Prepares students for uncertain future.
 Prepares students for livelihood even before college.
 Entrepreneurship education benefits every student by giving them an alternate
career path at any time in their lives.
 Entrepreneurship education also provides a background for the teaching of
academic subjects giving those studies a grounding in the real world.
 Entrepreneurship education aides students from all socioeconomic backgrounds to
think outside the box and nurture conventional talents and skills.
 It exposes students to numerous opportunities to learn how o think critically and
analyze the pieces on the board.
III. Accompanying Deped Textbooks and Educational Sites

Batalla, V. (2011) Entrepreneurships and Philippine Development retrieved from:
https://www.academia.edu/26552052/Entrpreneurship and Philippine Development

Telephone: (034) 744-6276
DepEd Philippines. (2013) K to 12 Basic Education Curriculum senior high school-core
subject curriculum guide. Deped Philippines.
Teaching guide for SHS, Fundamentals of Accountancy, Business and Management 2,
CHED in collaboration with PNU
Teaching guide for SHS, Business Finance, CHED in collaboration with PNU.
IV. ACTIVITY PROPER:

Activity 1: Analyze the picture below and answer the corresponding guide questions.
1. What product or business can you conceptualize during Covid 19 pandemic? Write as
many answers as you can in your answer sheet.
Activity 2: Complete the table below by answering the corresponding questions.

Importance of Entrepreneurship 1.
2.
3.
Relevance of Entrepreneurship to SHS 1.
students 2.
3.
Give three business courses 1.
2.
3.
Give three successful Entrepreneurs in 1.
the Philippines 2.
3.

Telephone: (034) 744-6276
Activity 3: Complete the table below by providing an answer:
What motivates me to become an entrepreneur someday?
1.
2.
3.
ASSESSMENT:
Multiple Choice: Read and answer each statement carefully then choose the letter of the best
answer.
1. Which of the following s NOT a benefit of entrepreneurship?

A. Creates employment c. Promotes research and development
B. Enhances standard of living d. decreases income
2. The act of creating businesses while building and scaling it to generate a profit.
a. Entrepreneur c. Entrepreneurship
b. employment d. business
3. Someone who develops an enterprise around an innovation. They manage the business
and assume the risk for its success.
a. Entrepreneur c. Entrepreneurship
b. Buyer d. Business
4. Which of the following words is not associated with entrepreneur?

a. Innovative c. committed
b. Creative d. Impulsive
5. Which of the following is a release of Entrepreneurship to SHS students?
a. Prepares students for life long skills
b. It allows students to think critically
c. Develops problem-solving and identification Capability
d. It ensures social justice
REMEMBER:
In this lesson you have learned:

An entrepreneur is someone who undertakes and develops a new business while
entrepreneurship is the process of building a business profit.
Entrepreneurship prepares SHS students for life long skills that will help them prepare
for their future.
Entrepreneurship elevates income and creates employment.
REFLECTION:
What have you learned from this lesson?

Telephone: (034) 744-6276
ANSWER KEY
ASSESSMENT
1. D
2. C
3. A
4. D
5. D
INSTRUCTIONS:
IN AN INTERMEDIATE PAD, ANSWER ACTIVITIES 1 & 3. TRY TO GIVE AS MANY AS

POSSIBLE ANSWERS.
DON’T FORGET TO WRITE YOUR NAME AND SECTION. KEEP THIS LAS.DO NOT
RETURN THIS. ONLY YOUR ANSWER SHEET
INSTRUCTIONS:

POSSIBLE ANSWERS.
INSTRUCTIONS:

POSSIBLE ANSWERS.
INSTRUCTIONS:
Telephone: (034) 744-6276
POSSIBLE ANSWERS.

Telephone: (034) 744-6276

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Republic of the Philippines

LEARNING ACTIVITY SHEET NO.1-MELC NO.1

II. Background Information for the Learners

Entrepreneurship- is an important driver of economic growth and innovation.

Address: Vallega St., Brgy. I-Poblacion, Himamaylan City

Relevance Entrepreneurship to SHS students

III. Accompanying Deped Textbooks and Educational Sites

Address: Vallega St., Brgy. I-Poblacion, Himamaylan City

IV. ACTIVITY PROPER:

Activity 2: Complete the table below by answering the corresponding questions.

Address: Vallega St., Brgy. I-Poblacion, Himamaylan City

What motivates me to become an entrepreneur someday?

1. Which of the following s NOT a benefit of entrepreneurship?

4. Which of the following words is not associated with entrepreneur?

In this lesson you have learned:

Address: Vallega St., Brgy. I-Poblacion, Himamaylan City

IN AN INTERMEDIATE PAD, ANSWER ACTIVITIES 1 & 3. TRY TO GIVE AS MANY AS

IN AN INTERMEDIATE PAD, ANSWER ACTIVITIES 1 & 3. TRY TO GIVE AS MANY AS

IN AN INTERMEDIATE PAD, ANSWER ACTIVITIES 1 & 3. TRY TO GIVE AS MANY AS

Address: Vallega St., Brgy. I-Poblacion, Himamaylan City

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