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Entrepreneurship: Quarter 3 Module 1:
Understanding Entrepreneurship:
Concept and Development
WORD HUNTING
This is a grid and a list of words. Locate hidden
words that connect to entrepreneurship.
WORD HUNTING
ENTREPRENEURSHIP
-Entrepreneurship is a field of business that
seeks to understand how opportunities to create
something new arise.
Key Elements:
New products/services, markets, packaging, raw
materials, or organizational methods.
"Entrepreneurship is a mindset that allows you to see
opportunity everywhere." - Edralin, 2019
ENTREPRENEURSHIP
-Entrepreneurship is a field of business that
seeks to understand how opportunities to create
something new arise.
Key Elements:
New products/services, markets, packaging, raw
materials, or organizational methods.
"Entrepreneurship is a mindset that allows you to see
opportunity everywhere." - Edralin, 2019
VIEWPOINTS ON ENTREPRENEURSHIP
•Innovation: Doing something new in idea,
product, service, market, or technology.
•Creation of Business: Developing a new
venture.
•Resource Mobilizing: Initiatives to pursue
opportunities and secure resources.
Origin and Evolution of Entrepreneurship
"Entrepreneur" from French "entrependre" meaning
to undertake.
-Rooted in sociology, economics, psychology,
anthropology, and management.
Entrepreneurship existed in the Philippines
during interactions with foreign traders.
Example: Barter system alternative method of trading
where goods and services are exchanged directly for one another
without using money as an intermediary. )
Now: we exchange in the form of monetary .
with Malaysia, Indonesia, and China.
-Adaptation of entrepreneurship during the
pandemic.
IMPORTANCE OF UNDERSTANDING
ENTREPRENEURSHIP
•Economic Growth: Drives innovation, creates jobs, and fosters
competition.
•Social Impact: Addresses societal needs, promotes inclusivity, and
empowers communities.
•Personal Development: Fosters creativity, resilience, and adaptability.
-encompasses innovation, risk-taking, and resource mobilization.
-crucial for personal, societal, and economic development.
Embrace the entrepreneurial mindset and explore opportunities for
growth and innovation.
Direction: Write TRUE if the statement is correct. Write
FALSE if the statement is incorrect.
1. Someone who start from scratch considered as an entrepreneur.
2. The term entrepreneurship derived from the word entrepreneur.
3. Having a degree in entrepreneurship will assure an
individual becoming a successful entrepreneur.
4. Someone starts selling pre-loved clothes online during the
Quarantine brought by the Pandemic considered as an
entrepreneur.
5. Someone who starts business with new products to offer and
no plan to hire employees considered entrepreneur.
person like you can be an entrepreneur.
6. Entrepreneur and ordinary businessperson are the same.
7. All businesspersons are entrepreneurs.
8. Entrepreneurship perceived as innovation and creation of
new products and services. 9. Entrepreneurship involve profit
making only.
10. An ordinary person like you can be an entrepreneur.
ACTIVITY:
Reflection
What do you think, “Entrepreneur is born or
made”?
ASSIGNMENT:
-Make a Poster of your Dream Entrepreneur-Like.
-Print/draw or cut a picture of your chosen well-known entrepreneur
and paste in a half of one long bond paper.
(Show your creativity)
3. Write his name and a short historical background.
4. Cite the contribution he/she gives impact that change the whole
world.
5. Write what characteristics, attributes, and personalities that
inspires you and wanting to be like him/her as an entrepreneur.
6. You may also create your poster through Photoshop, Canva or
Medibang Apps.
ENTREPRENEURSHIP LESSON 1 - ENTREPRENEURSHIP CONCEPT AND DEVELOPMENT
ENTREPRENEURSHIP LESSON 1 - ENTREPRENEURSHIP CONCEPT AND DEVELOPMENT

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ENTREPRENEURSHIP LESSON 1 - ENTREPRENEURSHIP CONCEPT AND DEVELOPMENT

  • 1. Entrepreneurship: Quarter 3 Module 1: Understanding Entrepreneurship: Concept and Development
  • 2. WORD HUNTING This is a grid and a list of words. Locate hidden words that connect to entrepreneurship.
  • 4. ENTREPRENEURSHIP -Entrepreneurship is a field of business that seeks to understand how opportunities to create something new arise. Key Elements: New products/services, markets, packaging, raw materials, or organizational methods. "Entrepreneurship is a mindset that allows you to see opportunity everywhere." - Edralin, 2019
  • 5. ENTREPRENEURSHIP -Entrepreneurship is a field of business that seeks to understand how opportunities to create something new arise. Key Elements: New products/services, markets, packaging, raw materials, or organizational methods. "Entrepreneurship is a mindset that allows you to see opportunity everywhere." - Edralin, 2019
  • 6. VIEWPOINTS ON ENTREPRENEURSHIP •Innovation: Doing something new in idea, product, service, market, or technology. •Creation of Business: Developing a new venture. •Resource Mobilizing: Initiatives to pursue opportunities and secure resources.
  • 7. Origin and Evolution of Entrepreneurship "Entrepreneur" from French "entrependre" meaning to undertake. -Rooted in sociology, economics, psychology, anthropology, and management.
  • 8. Entrepreneurship existed in the Philippines during interactions with foreign traders. Example: Barter system alternative method of trading where goods and services are exchanged directly for one another without using money as an intermediary. ) Now: we exchange in the form of monetary . with Malaysia, Indonesia, and China. -Adaptation of entrepreneurship during the pandemic.
  • 9. IMPORTANCE OF UNDERSTANDING ENTREPRENEURSHIP •Economic Growth: Drives innovation, creates jobs, and fosters competition. •Social Impact: Addresses societal needs, promotes inclusivity, and empowers communities. •Personal Development: Fosters creativity, resilience, and adaptability. -encompasses innovation, risk-taking, and resource mobilization. -crucial for personal, societal, and economic development. Embrace the entrepreneurial mindset and explore opportunities for growth and innovation.
  • 10.
  • 11.
  • 12. Direction: Write TRUE if the statement is correct. Write FALSE if the statement is incorrect. 1. Someone who start from scratch considered as an entrepreneur. 2. The term entrepreneurship derived from the word entrepreneur. 3. Having a degree in entrepreneurship will assure an individual becoming a successful entrepreneur. 4. Someone starts selling pre-loved clothes online during the Quarantine brought by the Pandemic considered as an entrepreneur.
  • 13. 5. Someone who starts business with new products to offer and no plan to hire employees considered entrepreneur. person like you can be an entrepreneur. 6. Entrepreneur and ordinary businessperson are the same. 7. All businesspersons are entrepreneurs. 8. Entrepreneurship perceived as innovation and creation of new products and services. 9. Entrepreneurship involve profit making only. 10. An ordinary person like you can be an entrepreneur.
  • 14. ACTIVITY: Reflection What do you think, “Entrepreneur is born or made”?
  • 15. ASSIGNMENT: -Make a Poster of your Dream Entrepreneur-Like. -Print/draw or cut a picture of your chosen well-known entrepreneur and paste in a half of one long bond paper. (Show your creativity) 3. Write his name and a short historical background. 4. Cite the contribution he/she gives impact that change the whole world. 5. Write what characteristics, attributes, and personalities that inspires you and wanting to be like him/her as an entrepreneur. 6. You may also create your poster through Photoshop, Canva or Medibang Apps.