Q4 Applied Entrepreneurship 11 12 WEEK 2
Q4 Applied Entrepreneurship 11 12 WEEK 2
4Ms is a powerful method for process improvement, but it's also the most important method you should apply during the
process design and/or product design phase, and in daily operation management. Identifying the problems of the business in
the future and in actual situation especially in the production process and marketing. The importance OF 4'MS of operations in
the business plan. Identifying the problems of the business in the future and in actual situation especially in the production
process and marketing.
Pre-test: Let’s check your prior knowledge about the topic. Directions: Read and answer the following questions below.
1. Have you ever asked yourself what processes do the products or services you buy have undergone before availing
them?
2. What are the elements of business operations?
3. Who are the persons involved in a business operation?
Now, you are ready for our new lesson. I hope that will enhance your knowledge and skills with this new topic.
The 4Ms of operation about business opportunity means that the attributes manpower, method, machine, and materials
should work together in the process of executing the business. Manpower, as well as the other elements of 4Ms, is critical in
putting up an enterprise.
Figure1.Manpower. https://bit.ly/2S57arn.
Method. The manner or the system of transforming raw materials into a finished
product is called method (Aduana, 2016). The said raw materials go through
several phases before a product is completed and becomes ready for delivery
to the target customers.
Figure 2. https://bit.ly/3u1mrHQ
A company's plan for making a profit is referred to as a business model (Kopp, 2020). It identifies and explains the goods
and/ or services to sell, target market, and projected expenses. Business models are essential for new and established business
enterprises. They help new businesses to attract investment, hire talents, and encourage management and staff. Established
businesses should regularly update their plans to cope up with trends and challenges in the future.
1.Resources - Everything it takes to make something: design, raw materials, manufacturing, labor, and so on.
2.Dissemination - Everything it takes to sell that thing: marketing, distribution, delivering a service, and processing the sale.
3.Rate - How and what the customer pays: pricing strategy, payment methods, payment timing, and so on.
Learning Task 2: Jumbled Letters. Re-arrange the jumbled letters to identify the word/words being described in each number.
Write the answer on a separate sheet of paper.
1. T D O M H E - The manner or the system of transforming raw materials into the finished product.
3. O T O E A P I N R - This involves activities wherein the entrepreneur adds value to the product through manufacturing
and assembly of merchandise that transforms raw materials into the finished product.
4. V S I E R E C - This involves activities that maintain and improve the value of the product, like customer assistance and
warranty provision.
5. U V L E A A H C N I - Refers to the process where the business acquires raw materials, adds value to them through
manufacturing and other procedures to produce a finished product, and then sells it to consumers.
IV. LEARNING PHASES AND LEARNING ACTIVITIES
V. ASSESSMENT (Learning Activity Sheets for Enrichment, Remediation or Assessment to be given on Weeks 3 and 6)
(Time Frame: 10 mins.)
Learning Task 3: Multiple Choice. Directions: Carefully read the questions below. Choose the letter of the correct answer.
Write the answer on a separate sheet of paper.
3. What is the manner of transforming raw materials into the finished product?
A. Machine B. Manpower C. Materials D. Method
4. What refers to the equipment used in the manufacturing of goods or delivery of services?
A. Machine B. Manpower C. Materials D. Method
5. What refers to the items assembled to create a finished product or deliver services?
A. Machine B. Manpower C. Materials D. Method
VII. REFERENCES Aduana, N. Entrepreneurship in Philippine Setting for Senior High School.
Reprint, Quezon: Vibal Group Inc., 2016.
Oliver. Peter, Operations Management (Business Success) (Volume 3) 1st Edition. ISBN-13: 978-
1539466437, pp. 81-83
The 4Ms of Operation in Relations to Business Opportunity". www. Brainly. Ph, 2019.
https://bit.ly/2R5psIC
Prepared by: Ronaldo Canta & Dhonabel A. Catelo Checked by: Erlito B. Orlinga
Flor I. Tomas
Joyce E. Advincula