level up for Senior High School entrepreneurship good morning young entrepreneurs welcome to italai your free online tutorial platform facilitated by excellent and inspiring Educators to guide you to another level of learning experience this online tutorial will also help your parents to guide your studies right at the comfort of your homes good morning to all schools Division office from Luzon bisayas and Mindanao to all our parents Learners and teachers it is our first week of hashtag into life and entrep learnings so get ready to explore and discover business opportunity in entrepreneurship with me is my mentee from sdo Palawan Quran schools officialist shooter Mel to give you the lesson material and discuss the topic for the whole first week box career is for our lesson because I know you have a lot of learnings no foreign entrepreneurship okay so entrepreneurship is encouraged by economy not to because it can provide a lot of opportunities for the unemployed people it increase per capital income provides standard of living improve the standard of living and increase individual savings provides Revenue to the government in in the forms of income tax value-added tax export duties import duties and balance balance Regional development excited senior high school students online tutorials a subject entrepreneurship okay again so shout out the book from sdo let's continue objectives yeah so at the end of our tutorial your expected tool number one discuss the relevance of the course and number two explain the key concepts of common competencies in entrepreneurship okay let's continue yeah I think online tutorial platform okay let's continue so for now let's let me know how much do you have already know about entrepreneurship okay so let's have an activity so let's read the instruction we are read the statements carefully then right through if the statement is correct and write false if the statement is not correct activity for this morning okay let's continue so we have number one statement on entrepreneur is a risk sticker yeah risk taker okay let's let's see your answers just type it in our comment section through an entrepreneur is a risk taker person okay very good students let's continue number two statement nothing entrepreneurship will lead to the creation of organization businesses let's see your answering statement number two okay true very good number two answer Nila let's continue with our statement number three number three okay co-work people will become successful entrepreneurs okay what's your answer is this true or false is the statement true or false is an entrepreneurs successful entrepreneurs okay so next nothing statement number four so entrepreneurs are Innovative innovative I true okay so good no let's continue with our statement number five entrepreneurs entrepreneurs means to undertake statement number five let's see number five I entrepreneurs means to undertake um shout out the port grade 12 ICT sisola yes Santos watching from uh National High School hello National High School okay let's first discuss the relevance of Entrepreneurship to an organization important entrepreneurship says okay we have identified four relevance number one development of managerial capability so this means this means that one of the benefits an entrepreneur gets is to develop his or her managerial skills so when we say managerial skills it refers to the managerial positions yes okay let's continue with number two relevance creation of organization in our questions which means though that because of Entrepreneurship many organizations will exist yes because they're going to create establish new businesses where they're going to hire people to be part of their organization okay good morning from coron school of Fisheries watching for yeah okay let's continue with number three relevance of Entrepreneurship to an organization improving standard of living this means that entrepreneurship can lift up the economic status of an individual by how siguro by giving job and providing compensation or salary to the employment where they can use in their daily living at number four the last but not least the relevance of Entrepreneurship to an organization means of Economic Development so this means that not only the life of the entrepreneur is improved but also the society where the business is located by how by paying their taxes they're paying their income tax and of course their business stocks where taxes are being used by the government to fund the different projects that they they have okay relevance organization and now let's continue with the concepts um concepts of Entrepreneurship okay entrepreneur or entrepreneurship the word entrepreneur was derived from the French verb Enterprise okay which means to undertake this is pinpointing those who undertake the risk of Enterprise so yeah and there is a better person when we say race they are willing business and of course they're not doing it just for nothing but because for profit Enterprise is created by an entrepreneur and the process is called entrepreneurship so remember a person who undertake is what we called entrepreneur and the process is entrepreneurship okay and another concept entrepreneurs are innovators when they say innovators they are introducing something new to the market they are willing to take the risk and generate unique ideas that can provide profitable solution to the needs of the market and the society they are doing it because they are uh something poor profitability and also to help the community by providing new knowledge new products and new services to the community and good morning Paul Princess May sales ABM grade 11 from malabon National High School good morning watching from Filipino Department School of Fisheries okay so we already know the relevance of entrepreneurship to an organization and we discuss already the concepts of Entrepreneurship now let's go to the factors affecting entrepreneurship factors entrepreneurship we have identified two factors affecting the entrepreneurship number one we have personality factors which includes letter A initiative so initiative doing things before even before told events so we have our initiative okay next proactive which means he can classified opportunity and size it the Vaso proactive it's an opportunity for business and we classified it and how to use the particular business or idea another Factor we have Problem Solver yeah and Problem Solver batayo which means he can retain good relationship with other people good relationships okay another Factor affecting entrepreneurship is what we call perseverance so meaning he will pursue things to get done regardless of challenges he never give ups but although there's a lot of challenges especially in our current situation in pandemic pandemic but still as an entrepreneur you are going to persevere you're not going to give up and you're going to do your best for you to be able to do success in the field of your business okay watching okay let's continue okay a factor is affecting entrepreneur uh we have number letter e persuasion okay persuasion that means that can entice people to buy event if they don't want to yeah develop persuasion meaning you have the ability to persuade your consumer your customer to purchase or buy your product and of course a planner he makes plans before doing things and does not fail to monitor it plan without monitoring and implementation that is useless planner okay next nothing this is the last is risk taker which means that he is willing to gamble but will calculate it first is entrepreneurship in business world we have a place that the higher there is the higher the return okay let's continue with the second Factor affecting entrepreneurship number two is what we call the environmental factors watching from new kabalan Senior High School grade 12 ICP hello okay so environmental factors which includes political climate legal system economic and social condition and Market situations personality and now let's go with the common competencies of Entrepreneurship so when we say common competencies this must be the common characteristics that an entrepreneurs must possess in doing his or her Venture okay let's start number one he or she must be decisive an entrepreneur must be firm in making this result so when he make or he when she make decision he must be firm with that okay number two he a communicator an entrepreneur must have a convincing power communicative he he must unconvincing power in presenting something to his or her clients or customers from sdo Cabana two and c jerich and hello Jerry good morning and good Depot watching from City uh Isabella cities and let's continue so common competencies we have leader an entrepreneur must have the Charisma to be obeyed by his employees of course an entrepreneur must be a leader okay number four so we have opportunity Seeker an entrepreneur must have the ability to be the first to see the business chances in the different situation an entrepreneur has an opportunity Seeker Talent abilities business in that particular aspect or situation example in pandemic requirements now the opportunity in that situation okay next number five proactive an entrepreneur entrepreneur must have the ability to be first to see business chances no and number six risk taker an entrepreneur entrepreneur must has the courage to pursue business ideas of course they're going to finance the business they're going to start the business that's why it's called risk taker and number seven seven com common competencies of an entrepreneur is Innovative an entrepreneur has big business idea and he does not stop improving the and thinking a new worldwide idea for his business learning is a continuous process business that but we need to provide something new we need to to give something new to our consumers or customers classmates okay and now we already discussed the relevance of entrepreneurs in an organization we already discussed the common competencies of Entrepreneurship and the concepts of Entrepreneurship now we're going to test what you have learned I know every one of you listen carefully and attentively in our discussion this morning let's see what you have learned by answering or providing in the section so I will read so Blanc are people who take the risk they are innovators and contributors to the development of Blanc Blanc are people who take the riska hi Mary Anne hello hi Allen I think [Music] very good savini Sherwin entrepreneur Sabine Ophelia entrepreneur Sabi nimira entrepreneuri entrepreneurs Avenue Mark Edward entrepreneur um entrepreneurs are people who take the race and they are innovators and contributors comment your answer in our comment section hello good morning foreign are people who take the risk they are innovators and contributors to the development of our economy so let's continue Direction now that we have all that you are finished accomplishing the module let us check what you have learned answer the question given below by encircling the letter of the correct answer so you just type the letter uh the correct answer in our comments section yeah I I am so um let's continue assessment number one entrepreneur means risk taker B to undertake C to improve standard of living D to okay I to undertake very good okay let's continue with question number two it is a personality factor that means convincing customer to buy products persuasion self-confidence or Risk Takers letter B for situation let's go to number three question personality factors which uh doing things even before being told I initiative Tama initiative and question number four which of the following choices is not part of the environment factors okay political with weather condition climate or family background okay number four letter D family background and last which of the following is not true an entrepreneur entrepreneur creates organization and entrepreneurs improve the life of the entrepreneur only entrepreneurs improves the economy letter d none of the choices so the answer is letter B entrepreneurs improves the life of the entrepreneurs alone now is business Friday 11 to 11 30 entrepreneurship yes City Ayan maraming the business Friday 11 to 11 30 A.M