The document discusses key principles, tools, and techniques for creating successful businesses, emphasizing scalability, systems, sustainability, growth, vision, and standards. It highlights the importance of technology and efficient practices such as shorter meetings and maintaining cash flow in enhancing business operations. Additionally, it covers methods for gaining competitive advantage and includes activities and assessments related to understanding business dynamics in various contexts.

4. ENUMERATE THE DIFFERENT MARKET
STRUCTURES

5. ANALYZE DIFFERENT
PRINCIPLES, TOOLS
AND TECHNIQUES IN
CREATING A BUSINESS

6. OBJECTIVES
1. Identify principles in creating a
business;
2. Discuss tools and techniques in making
efficient business;
3. Analyze business principles, tools and
techniques in making efficient business.
4. Apply experiential learning in making
efficient business

7. DIRECTIONS: BELOW ARE JUMBLED
LETTERS. IDENTIFY THE HIDDEN
WORDS AND ASSEMBLE THEM ON THE
MANILA PAPER.
W G T H O R

8. GROWTH

9. N I V S I O

10. VISION

11. TDNASRAD

12. STANDARD

13. Y O G T H O L C E N

14. TECHNOLOGY

15. S T E Y S S M

16. SYSTEMS

17. PRINCIPLES IN CREATING A
BUSINESS
1. Scalability – A business must be scalable for it to be
successful. Scalability is the capability of a company
to sustain or improve its importance in terms of
profitability or efficiency when its sales volumes
increases.
2. Systems – A business is a system in which all parts
contribute to the success or failure of the whole. In
this system, everything must work together from
employee to president; from equipment to resources.
3. Sustainability – A business must be dynamic –able to
thrive through all economic conditions, in all
markets, providing meaningful highly differentiated
results to all of its customers.

18. 4. Growth – Growth is essential in business.
Without continued growth, operations will
stagnate. This can result in lowered standards of
quality for products and services, decreased
customer service and poor employee morale.
5. Vision – A business must manifest the higher
purpose upon which it was seeded, the vision it
was meant to exemplify, the mission it was
intended to fulfill.
6. Standards – A business creates a standard
against which all businesses are measured
either successful or not.

19. TOOLS IN EVALUATING A BUSINESS
1. Use technology to speed up workflow - Businesses
should be looking to innovations in technology to
solve day-to-day inconveniences and to increase
efficiency.
2. Shorter meetings fuel efficiency – Hold a brief
meeting standing up, every morning, where each
person explains what they are going to work on that
day to ensure everyone is on the right track and not
wasting time on non- urgent tasks.
3. Advertisement – Advertisement keeps your business
top of mind so consumers think of it when they
require or need a service or product.

20. 4. Keep a firm grip on cash flow – “Cash is King
not profit”. Ensure the right management of
your inflow and outflow of cash.
5. Use time more efficiently – Being more
efficient is more about being than doing. It’s
probably 90% mindset, In addition, “The shorter
the amount of time you allow yourself, the more
you will get done.”
6. Get the best deal on insurance – Businesses
need insurance because it helps cover the
costs associated with property damage and
liability claims.

21. COMPETITION AND COMPETITORS
Industry rivalry among companies of the same or related
industry is an inevitable part of the business world or
any business size. Intense competition leads to reduced
profit potential for companies in the same industry.
Businesses seek constantly competitive advantage.
Competitive Advantage
> is what sets your business apart from your
competition
> highlights the benefits a customer receives when
they do business with you
> it could be your products, service, reputation, or
even your location

22. METHODS OF COMPETITIVE
ADVANTAGE
1. Cost Leadership – an advantage occurs when
business is able to offers some products at a
lower price.
2. Differentiation – Find attributes that is
important and set them from their competitors.
3. Defensive strategies – used a defensive
strategy to distance themselves from
competitors .
4. Alliances – advantage or seeing strategic
alliance with other within related or within
business.

23. Q and A

24. DIRECTION : ANSWER AND STUDY
EACH QUESTION
1. To help her family in their financial
needs, Clarissa started an online
selling of clothes. What principles,
tools and technique did she adapt to
earn profit in order to provide the
needs of her family?
2. How do technology tools impact
businesses?

25. DIRECTION: READ AND ANALYZE THE SITUATION.
THEN ANSWER THE QUESTIONS.
The effect in the education system of Covid-19
pandemic is hard, forcing learning institutions to
completely suspend the conduct of physical
classes. If you are the owner of not establish
tertiary learning institution,
1. What do you think is the challenge?
2. How will you rise up from the challenge?
3. Make your own vision to face the challenge.

26. DIRECTION: ANSWER THE
FOLLOWING QUESTIONS
1. As a student of economics, what
business can you recommends
this pandemic crisis Covid 2019
and why?
2. What are the benefits of using
technology in the business?

27. ASSESSMENT
Direction: Choose the letter of the correct answer.
1. Printed and online promotion is needed in starting your business. What
principle, tools and technique in a creating a business applies in this
activity?
A. Scalability B. Advertising C. Vision D. Systems
2. What do you call the strategy wherein there is an agreement between two or more
independent companies to cooperate in the manufacturing development or sale of
products and services?
A. Cost leadership B. Differentiation C. Defensive strategy D. Alliances
3. Ford and Toyota sells the same products; it evident that there is a ______.
A. Distribution B. Competition C. Alliance D. Threats
4. What is an economic activity that is engaged in selling and buying of goods
and services in exchange of money?
B. Business B. Commerce C. Trade D. Partnership
5. What method occurs when a business is able to offer the same product as its
competitors and sell it at a lower price?
A. Differentiation B. Alliance C. Defensive strategy D.Cost Leadership

28. ADDITIONAL ACTIVITIES
DIRECTION: READ THE STORY CAREFULLY. ANALYZE THE
BUSINESS. THEN ANSWER THE QUESTIONS AT THE END
OF THE STORY
Anne and Cherry are friends since high school. Anne is good in baking and
Cherry is good in selling. To increase their income, they decided to put up
online business of bakery products . They contributed 10,000 each to start
the business and decided to split the profit equally as business partners. The
friends agreed that Anne will be in charge of the production while Cherry will
be in charge of the online site for taking marketing and promotion. Cherry
started taking orders while Anne is busy on baking products. The business
started to get big orders from their regular clients and other who visited the
online site. After one year of operation, while Cherry continue with her
regular work, Anne is in charge of the production, started getting sick and
advised to rest. Now, Anne can no longer continue baking for their business.
1. What went wrong with the business?
2. Do you think Anne and Cherry were right in how they manage their
business?
3. Are they right in their decision of equal sharing of profit? Explain your
answer.

29. THANK YOU
AND
GOD BLESS
SHERILLYNE G. MANIMBO
TEACHER II