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UNIT OF COMPETENCY : APPLY ENTREPRENEURSHIP

MODULE TITLE : APPLYING ENTREPRENEURSHIP

MODULE DESCRIPTION : This module covers the knowledge,


skills and attitudes required in applying the
entrepreneurial process and business
planning in the development of product or
service.

NOMINAL DURATION : 8 Hours

LEARNING OUTCOMES:

Upon the completion of this module, the trainees must be able to:

LO1. Identify the essential aspects of entrepreneurship

LO2. Prepare a business plan.


LO1. IDENTIFY THE ESSENTIAL ASPECTS OF ENTREPRENEURSHIP

ASSESSMENT CRITERIA:

1. Income between the business, personal expenses and savings is


allocated.
2. A positive cash flow is maintained.

CONTENTS:

 Make Decisions in a Business Cycle


 Maintain Positive Cash Flow

TECHNOLOGY:

 Using Budget Apps

SCIENCE:

 The Entrepreneur’s Cycle


 Good Practices for Financial Fitness

MATH:

 Calculate income in a business cycle

ENGLISH/COMMUNICATION:

 Learner’s Reflection on Entrepreneurship

ENVIRONMENTAAL ISSUES & OTHER CONCERNS:

CONDITIONS:

The trainees must be provided with the following:


 References
 Entrepreneur’s Activity Chart
 Income of the week Handout
 Bond Paper
 Manila Paper
 Markers
 Masking Tape
 Game Pieces (paper money, allocation containers)

METHODOLOGY:

 Interactive Learning
 Simulation
 Group Discussion

ASSESSMENT METHODS:

 Interview
 Written examination
LO2. PREPARE A BUSINESS PLAN

ASSESSMENT CRITERIA:

1. Business opportunities in the community are identified.


2. A simple business proposal is prepared.

CONTENTS:

 Identifying Business Opportunities in the Community


 Preparing a Business Plan

TECHNOLOGY:

 Using Google Docs

SCIENCE:

 Prioritizing and choosing a business idea

MATH:

 Doing the Math: Business Cost and Profit

ENGLISH/COMMUNICATION:

 The Six “P”s of Entrepreneurship


 Steps in Preparing a simple business proposal
 Keeping Records

ENVIRONMENTAAL ISSUES & OTHER CONCERNS:

CONDITIONS:

The trainees must be provided with the following:

 References
 Bond Paper
 Manila Paper
 Markers
 Masking Tape

METHODOLOGY:

 Interactive Learning
 Group Discussion
 Simulation

ASSESSMENT METHODS:

 Interview
 Written examination