Republic of the Philippines
Department of Education
Region XII
KIDAPAWAN CITY DIVISION
JUAN L. GANTUANGCO SCHOOL OF ARTS AND TRADES
Brgy. Sikitan, Kidapawan City
TEACHER Darlene M. Escalante Date March 7, 2024
Learning Entrepreneurship Quarter/Grading 1st Quarter/2nd Semester
Area Period
Section/ 12 TVL A and B
Time/
Teaching
Days
I-OBJECTIVES
A. Content Standards The learner demonstrates understanding of concepts, underlying principles, and
processes of developing a business plan.
B. Performance The learner independently or with his/her classmates presents an acceptable
Standards detailed business plan.
C. Learning Recognize a potential market
Competency(ies) • Analyze the market need
• Determine the possible product/s or service/s that will meet the need;
• Screen the proposed solution/s based on viability, profitability, and customer
requirements; and
Select the best product or service that will meet the market need.
D. Specific At the end of the lesson, students are expected to:
Objectives/Learning 1. Identify the essentials in entrepreneur’s opportunity seeking.
Outcomes 2. Identify the five sources of opportunities.
3. Determine the possible product based on the five sources of opportunities.
II-CONTENT/TOPIC Recognize a Potential Market: Entrepreneurial Ideas and Sources of
Opportunities
III. LEARNING Material(s):
RESOURCES Powerpoint Presentation, TV, laptop, board, manila paper, pentel pen
(References & other
learning resources)
IV. PROCEDURES
A. Reviewing
previous lesson or
presenting the new
lesson
B. Establishing a Who among you here see themselves as an entrepreneur in the near future?
purpose of the lesson
Moving on, for you to be guided with our main discussion today, kindly read our
lesson objective.
At the end of the lesson, students are expected to:
1. Identify the essentials in entrepreneur’s opportunity seeking.
2. Identify the five sources of opportunities.
3. Determine the possible product based on the five sources of opportunities.
C. Presenting Direction: Watch and observe the video clip playing on the screen.
examples/instances
of the lesson
Based on the video, how are you going to react with the opportunities came into
your life?
D. Discussing new Entrepreneurial Ideas
concepts and -Creation of an entrepreneurial ideas leads to the identification of entrepreneurial
practicing new skills opportunities, which in turn results in the opening of an entrepreneurial venture.
Essentials in Entrepreneur’s Opportunity Seeking
These are the basic foundation that the entrepreneur must have in seeking
opportunities:
Entrepreneurial mind frame
-This allows the entrepreneur to see things in a very positive and optimistic way in
the midst of difficult situation. Being a risk - taker, an entrepreneur can find
solution when problems arise.
Entrepreneurial heart flame
-Entrepreneur's driven passion, they are attracted to discover satisfaction in the
act and process of discovery. Passion is the great desire of an entrepreneur to
achieve his/her goals.
Entrepreneurial gut game
-This refers to the ability of the entrepreneur of being intuitive. This also known as
intuition. The gut game also means confidence in one’s self and the firm believes
that everything you aspire can be reached.
Sources of Opportunities
There are many ways to discover opportunities. Looking at the big picture some
have noticed the emerging trends and patterns for business opportunities. While
others are trying to find out their target market. Some are the following sources of
opportunities:
1. Changes in the environment
-Entrepreneurial ideas arise when changes happen in the external environment.
A person with an entrepreneurial drive views these changes positively.
External environment
-refers to the physical environment, societal environment, and industry
environment where the business operates.
1.1 The physical environment includes
a. Climate- the weather conditions.
b. Natural resources- such as minerals, forests, water, and fertile land that occur
in nature and can be used for economic gain.
c. Wildlife- includes all mammals, birds, reptiles, fish, etc., that live in the wild.
1.2 The Societal environment includes the various forces like
a. Political forces- includes all the laws, rules, and regulations that govern
business practices as well as the permits, approvals, and licenses necessary to
operate the business.
b. Economic forces- such as income level and employment rate.
c. Sociocultural forces- customs, lifestyles and values that
characterize a society.
d. Technological environment- New inventions and technology
innovations.
1.3 The industry environment of the business includes:
a. Competitors
b. Customers
c. Creditors
d. Employees
e. Government
f. Suppliers
2. Technological discovery and advancement
A person with entrepreneurial interest sees possibility of business opportunities in
any new discovery or because of the use of latest technology.
3. Government’s thrust, programs, and policies
The priorities, projects, programs, and policies of the government are also good
sources of ideas.
4. People’s interest
The interest, hobbies, and preferences of people are rich source of
entrepreneurial ideas. Like the increasing number of Internet Café at present
could be lead to the strong attachment of young people to computers.
5. Past experiences
The expertise and skills developed by a person who has worked in a particular
field may lead to the opening of related business enterprise.
E. Developing Simon Says!
Mastery Direction: I will be giving you multiple commands. If I start my command by
saying 'Simon Says,' then you should follow my command. But when I don’t say
'Simon Says,' you should not follow my command. The student who mistakenly
performs an action when I didn't say "Simon says," will answer the question.
1. What are the basic foundations that the entrepreneur must have in seeking
opportunities?
2. Among the 5 sources of opportunities, which of them refers to the interest,
hobbies and preferences of the people?
3. An individual with knowledge in repair and installation of a machine engine and
you discover that additional parts. It is an example of what sources of
opportunities.
4. It is a source of opportunities which entrepreneurial ideas arise when changes
happen in the external environment.
F. Finding practical Time Travel!
applications of
concepts and skills in Imagine yourself 10 years from now. If you are going to have a business, what
daily living would it be and why?
If you encounter any of the 5 sources of opportunities, how would you react to the
situation?
What are the possible products that will meet the need of the consumer?
G. Making
generalizations and What is the importance of a person’s passion in opening a business?
abstractions about the What is the importance of the 5 sources of opportunities in opening a business?
lesson
H. Evaluating Directions: On a ¼ sheet of paper, identify the sources of opportunities by
Learning writing the letter of the correct answer. Each item is equivalent to 1 point.
1. It is the process of considering, evaluating, and pursuing market-based
activities that are believed to be advantageous for the firm.
a. Opportunity seeking
b. Opportunity seizing
c. Opportunity screening
d. Sources of opportunity
2. One of the essentials of entrepreneur’s opportunity seeking that refers to the
driven passion of an individual.
a. Entrepreneurial mind frame
b. Entrepreneurial gut game
c. Entrepreneurial heart flame
d. Entrepreneurial heart frame
3. This is essential to opportunity seeking which allows the entrepreneur to see
things in a positive and optimistic light in the midst of crisis or difficult situations.
a. Entrepreneurial mind frame
b. Entrepreneurial gut game
c. Entrepreneurial heart flame
d. Entrepreneurial heart frame
4. Marry can venture a business that responds to the needs of the people during
summer and rainy season. It is an example of what type of source of
opportunities?
a. Changes in the environment
b. Technological discovery and advancement
c. People’s interest
d. Government’s thrust, programs, and policies
5. It refers to the interest, hobbies, and preferences of people are rich source of
entrepreneurial ideas.
a. Changes in the environment
b. Technological discovery and advancement
c. People’s interest
d. Past experiences
6. Jay has a knowledge in repair and installation of a machine engine and he
discovered that additional engine parts that considerably reduce fuel
consumption.
This is an example of what sources of opportunities?
a. Changes in the environment
b. Technological discovery and advancement
c. People’s interest
d. Government’s thrust, programs, and policies
I. Additional activities Direction: Research in advance about the forces of competition.
for application or
remediation
V. REFLECTION
A. No. of learners who earned 80% in the evaluation
B. No. of learners who require additional activities for
remediation who scored below 80%
C. Did the remediation work? No. of learners who caught up
with the lesson.
D. No. of learners who continue to require remediation
E. Which of my teaching strategies worked well? Why did
these works?
F. What difficulties did I encounter which my principal or
supervisor can help me
solve?
G. What innovation or localized materials did I use/discover
which I wish to share with other teachers?
Prepared by: Checked by:
DARLENE M. ESCALANTE KRISTINE MAE NACUA
Pre-Service Teacher Cooperating Teacher