1.

Entrepreneur
2. Entrepreneurship
3. Entrepreneur
4. Entrepreneurship
5. Entrepreneur

1. H. Business Innovation
2. E. Business Opportunity
3. B. Entrepreneurship
4. A. Livelihood
5. J. Economy
6. I. Entrepreneur
7. C. Social Change
8. D. Socioeconomic
9. F. Business Venture
10. G. Relevance

Guide Question: What appropriate product and/or business that can be conceptualized during this
COVID -19 pandemic? Write as many in bullet form in a yellow paper.
 ITEMS ANSWER
1. Give the three (3) business resources A. Natural Resources
B. Human Resources
C. Financial Resources
2. Give three (3) importance of Entrepreneurship A. Entrepreneurship generates new wealth in an
to the economy. economy
B. It creates opportunities, ensures social justice,
instills confidence and stimulates the economy.
C. Entrepreneurship improves productivity.
3. Give three (3) relevance of Entrepreneurship to A. It prepares us for livelihood even before college.
you as a student B. It develops initiative and helps us to be more
creative and self-confident in whatever we undertake
and to act in a socially responsible way.
C. It gives us exposure to the real-world examples and
learning from our own experiences.
4. Give three (3) known families who owned the big A. Sy Family
Corporations in the Philippines. B. Lopez Family
C. Gokongwei Family
5. Give three characteristics of an Entrepreneur A. Creative
B. Motivated
C. Business Minded

1. C. Entrepreneur
2. C. Refers to a person who sets up a business with the aim to make a profit.
3. B. It aids students from all socioeconomic backgrounds to think outside the box.
4. C. In 2005, the top 50 Philippine corporations in terms of sales could be broken down into 25
private domestic firms, 20 foreign firms, and 5 government-owned and/or controlled
corporations.
5. B. Impulsive

1. COMPETENCY - underlying characteristics possessed by a person, which result in new venture

creation.
2. JOB OPPORTUNITIES - an opportunity of employment. It is a situation where entrepreneurs can
take action to make a profit.
3. ENTERPRISE - another word for a for-profit business or company, but it is most often associated
with entrepreneurial ventures.
4. CREATIVE THINKING – the ability to consider something in a new way. It might be a new
approach to a problem, a resolution to a conflict between employees, or a new result from a data
set. Employers in all industries want employees who can think creatively and bring new
perspectives to the workplace.
5. MANAGING CHANGE - to plan, initiate, realize, control, and finally stabilize change processes on
both, corporate and personal level.
 1. True 6. False
2. False 7. False
3. True 8. True
4. True 9. True
5. True 10. False

1. Emotional Balance Personal Competencies 6. Resource Management Business Competencies

Skill
2. Negotiation Skills Business Competencies 7. Resiliency Interpersonal Competencies
3. Leadership Skills Interpersonal Competencies 8. Human Relation Interpersonal Competencies
4. Persistence Personal Competencies 9. Respect Personal Competencies
5. Charisma Personal Competencies 10. Tenacity Personal Competencies

Identification.

1. A
2. B
3. B
4. A
5. B
6. A
7. B
8. B
9. A
10. A

Multiple choices.

1. B. Systems and application

2. A. Time management
3. D. A, B & C
4. C. coordinating with partners
5. A. Personal competency

1. B. communication skills
2. C. Preparing business letters
3. D. Enhancing one’s business skill
4. A. Discussion on economic issues and concerns.
 5. B. Creating gaps among employees.

1. False
2. False
3. True
4. True
5. True

1. Students need to buy a 6. Arlene, a student of a

tablet/ laptop for school public school, needs
requirements. Prospect mobile data in order to Prospect
comply with the
requirements in school.
2. Ana used to buy 7. Hospitals need
Existing Customer Existing Customer
shampoo. facemasks and PPEs.
3. Households living in a 8. Mike, a sari-sari store
remote area. Target Marker Users owner, wants to go online Prospect
selling.
4. Martha, a call center 9. Jeep drivers need to
agent, needs a Wi-Fi. Prospect modify their jeeps for Prospect
public transportation.
5. Karlo, a factory worker, 10. Ella needs to buy her
needs transportation. Prospect vitamin C to boost her Existing Customer
immune system.

1. CUSTOMER vs CONSUMER - The person who buys the goods or services from a seller is
known as the Customer. The person who uses the goods or services is known as a Consumer.
The customer is also known as buyer or client whereas the Consumer is the ultimate user of
the goods.
2. DEMOGRAPHIC GROUP - A statistical view of a population, generally including age, gender,
income, schooling, occupation and so on. Understanding the demographics of your target
customers is critical for the success of your business.
3. MARKET SHARE - the percentage of a certain sector that your product, service or software is
responsible for, calculated by sales.
4. MARKET SIZE - the maximum total number of sales or customers your business can see, often
measured over the course of a year.
5. MARKETING STRATEGIES - a business's overall game plan for reaching prospective
consumers and turning them into customers of their products or services. It contains the
 company's value proposition, key brand messaging, data on target customer demographics,
and other high-level elements.

IDENTIFICATION

1. Penetrated Market
2. Available Market
3. Potential Market
4. Target Market
5. Penetrated Market

MATCHING TYPE

1. F. Market Strategy 6. C. Potential Market

2. I. Consumers 7. H. Customers
3. A. Market 8. D. Need
4. J. Market share 9. E. Demographic group
5. B. Target Market 10. G. Market size

1. True 6. True
2. False 7. False
3. False 8. True
4. True 9. False
5. True 10. True

PRODUCT DESCRIPTION:

Primal creates products that keep you feeling cared for, every day. The Primal Beauty Bar combines
1/5 moisturizing cream and mild cleansers for a gentle cleansing experience that nourishes your skin
every time you use it. While ordinary soaps can strip skin of essential nutrients, Primal Beauty Bar has
mild cleansers to care for skin and effectively wash away dirt and germs.

1. CONSUMPTION - the use of goods and services by household or the amount of something that
people and other entities use. It is the process of using something, often so that there is less of it
available afterward.
2. ACQUISITION - The purchase of one corporation by another, through either the purchase of its
shares, or the purchase of its assets. Purchasing more than 50% of a target firm's stock and other
assets allows the acquirer to make decisions about the newly acquired assets without the approval
of the company's other shareholders.
3. CUSTOMER LOYALTY - is a measure of a customer's likeliness to do repeat business with a
company or brand. It is the result of customer satisfaction, positive customer experiences, and the
overall value of the goods or services a customer receives from a business.
4. CUSTOMER SATISFACTION - defined as a measurement that determines how happy customers
are with a company's products, services, and capabilities.
5. CUSTOMER SERVICE - the support you offer your customers — both before and after they buy
and use your products or services — that helps them have an easy and enjoyable experience with
you.
6. CUSTOMER FEEDBACK - information provided by customers about their experience with a
product or service. Its purpose is to reveal their level of satisfaction and help product, customer
success, and marketing teams understand where there is room for improvement.
7. STAKEHOLDERS - a party that has an interest in a company and can either affect or be affected
by the business.
8. EXPENDITURES - funds used by a business, organization, or corporation to attain new assets,
improve existing ones, or reduce a liability. In other words, it's the use of a resource in the
operations of a business.
9. TANGIBLE - assets that are physical; they include cash, inventory, vehicles, equipment, buildings
and investments.
 10. INTANGIBLE - assets that do not exist in physical form and include things like accounts
receivable, pre-paid expenses, and patents and goodwill.

1. False 6. True
2. False 7. False
3. True 8. False
4. False 9. True
5. True 10. False

MATCHING TYPE:

1. B. Repairs and maintenance

2. C. Leasing or pay per copy

3. A. Usability and durability

4. F. Bills payment

5. G. Healthy lifestyle

6. D. Entertainment

7. J. Fashionable designs

8. I. Accuracy of information
9. H. Boost immune system

10. E. Consistent quality