College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
The University of Mindanao
College of Business Administration Education
Bolton Street, Davao City
Physically Distanced but Academically Engaged
Self-Instructional Module for Self-Directed Learning
MODULE FOR GENERAL EDUCATION (GE) 11:
ENTREPRENEURIAL MIND
Disclaimer: This self-instructional learning manual is a draft version only; not for quotation
and not for commercial reproduction. This module contains topics obtained from various
sources and is intended only for the use of enrolled students at the University of Mindanao.
Revisions of this manual is expected and is progressively done.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 56
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Table of Contents
Preliminaries
Chapter I
For 1st Exam
Chapter II
For 2nd Exam
Chapter III
For 3rd Exam
Chapter IV
For FINALS
Table of Contents
Course Policy
Page Number
2
3
Unit Learning Outcome
7
Big Picture
Metalanguage
Essential Knowledge
Evolution of Entrepreneurship
Importance of Entrepreneurship
Common myths about Entrepreneurship
What/who is an entrepreneur?
How to become an entrepreneur?
Entrepreneurial Mind Process
Let’s Check
Let’s Analyze
7
8
9
9
10
11
14
16
17
21
22
Unit Learning Outcomes (ULOs)
24
Essential Knowledge
Entrepreneurial Ecosystem
Characteristics of Entrepreneurial Ecosystem
Entrepreneurs’ Personal Characteristics
Entrepreneurs’ Social Network
Tools Used by Entrepreneurs
Philosophies of Successful Entrepreneurs
Let’s Analyze
Self-Help
24
24
25
30
32
37
38
41
42
Unit Learning Outcomes
48
Essential Knowledge
History of Opportunity: How humans created value
and wealth
URL Links of Documentary Videos of Successful
Entrepreneur
Self-Help
Let’s Check
Let’s Analyze
48
Unit Learning Outcomes
62
Essential Knowledge
Product Ideation
Components of Product Ideation
Product Ideation Activity Sample Format
Let’s Analyze
62
62
63
66
73
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
49
51
55
55
56
Page | 57
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Course Outline: GE 11 – Entrepreneurial Mind
Course Coordinator
Electronic-Mail (email) Address:
Course Coordinator:
Electronic-Mail (email) Address:
College/Program:
Student Consultation:
Contact Number:
Effectivity Date:
Mode of Delivery:
Number of Hours Required:
Pre-requisite:
Credit:
REIL S. ROMERO
reil_romero@umindanao.edu.ph
ADRIANE JOHN P. LUNCIDO, EnP., MSEco
aluncido@umindanao.edu.ph
College of Business Administration Education
Entrepreneurship & Business Economics Programs
By email (weekdays/working hours only)
(082) 227-5456 local 131
June 2020
Blended Learning (online)
54 Hours
None
3.0 units
Welcome to this Entrepreneurial Mind Module!
For a background, this module is anchored on the University’s vision of becoming a world
class institution providing quality, affordable and open education for all. Likewise, this module
is an alternative learning modality as the foregoing world-wide spread of COVID19 is yet to be
solved. Hence, here we are – the new normal!
Our physical classes are constrained to be scheduled and/or thru via online as pursuant
to the policy guidelines as provided for by the World Health Organization, the state, the local
government unit, and of the University. Consequently, most of your time will be devoted to this
module for self-instruction and in the Blackboard Learning Management System.
The study of entrepreneurial mind is an offshoot or a derivative of social and economic
challenges facing the world and the Philippines in particular. For the past decades or so, these
challenges experienced have been immense and enormous which resulted to declining
standards of living, increasing external debt, high incidence of high poverty, health problems,
high crime rates, and high inequality in spite of government’s efforts and initiatives. Drawn from
these experiences, the need to shift of paradigm to improve lives and welfare becomes
imperative now more than ever. The events push entities/firms/decision makers to look for
alternative sources of income veering away from the old idea of employment sourced income
to multi-sources of income through the art of entrepreneurial mind. Thus, in this modular course,
you will personally deal with the basic principles and ideas of having an entrepreneurial mind
for your own benefit.
This module has specific topics/information as compiled by the coordinators of the
course. However, as a student, you are also encouraged to explore other textbooks, online
references or through multimedia (e.g. Youtube) and/or any other means to further augment
your learning and understanding. Limit NOT yourself in learning!
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 58
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Spread your wings and find your niche. All the BEST and ENJOY!
Course Outline Policy
Areas of Concern
Contact and Non-contact Hours
Assessment Task Submission
Turnitin Submission
(if necessary)
Details
This 3-unit course is a self-instructional manual
designed for blended learning mode of
instructional delivery with scheduled face to face
or virtual sessions. The expected number of
hours will be 54 of a face or virtual sessions.
Submission of assessment tasks shall be on the
3rd, 5th, 7th, and 9th weeks of the term. The
assessment paper shall be attached with a cover
page indicating the title of the assessment task
(if the task is a performance), the name of the
professor, date of submission, and the name of
the student. The document should be emailed to
the professor. It is also expected that you already
paid your tuition and other fees before the
submission of the assessment task.
If the assessment task is done in real-time
through the features in the Blackboard Learning
Management System, the schedule shall be
arranged ahead of time by the professor.
To ensure honesty and authenticity, all
assessment tasks are required to be submitted
through Turnitin with a maximum similarity index
of 30% allowed. It means that if your paper goes
beyond 30%, the students will either opt to redo
her/his paper or explain in writing addressed to
the course coordinator the reasons for the
similarity. In addition, if the paper has reached a
more than 30% similarity index, the student may
be called for disciplinary action in accordance
with the University's OPM on Intellectual and
Academic Honesty.
Please note that academic dishonesty such as
cheating and commissioning other students or
people to complete the task for you have severe
punishments
(reprimand, warning, expulsion).
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 59
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Area of Concerns
Penalties for Late
Assignments/Assessments
Return of
Assignments/
Assessments
Assignment Resubmission
Re-marking of
Assessment Papers and
Appeal
Details
The score for an assessment item submitted after
the designated time on the due date, without an
approved extension of time, will be decreased by
5% of the possible maximum score for that
assessment item for each day or part-day that the
assessment item is late.
However, if the late submission of the
assessment paper has a valid reason, a letter of
explanation should be submitted and approved
by the course coordinator. If necessary, you will
also be required to present/attach
evidence.
Assessment tasks will be returned to you two (2)
weeks after the submission and returned by email
or via the Blackboard portal.
For group assessment tasks, the professor will
require some or few of the students for online or
virtual sessions to ask clarificatory questions to
validate the originality of the assessment task
submitted and to ensure that all the group members
are involved.
You should request in writing addressed to the
professor his/her intention to resubmit an
assessment task. The resubmission is premised on
the student’s failure to comply with the similarity
index and other reasonable grounds such as
academic literacy standards or other reasonable
circumstances, e.g., illness, accident financial
constraints.
You should request in writing addressed to the
professor your intention to appeal or contest the
score given to an assessment task. The letter
should explicitly explain the reasons/points to
contest the grade. The program coordinator shall
communicate with the students on the approval and
disapproval of the request.
If disapproved by the professor, you can elevate
your case to the program head or the dean with the
original letter of request. The final decision will
come from the dean of the college.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 60
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Area of Concerns
Grading System
Details
All culled from BlackBoard sessions and
traditional contact
Course exercise/discussion – 30%
Exams
1st formative assessment
– 10%
nd
2 formative assessment – 10%
3rd formative assessment
– 10%
– 40%
100%
Submission of the final grades shall follow the
usual University system and procedures.
Final exam
Preferred Referencing Style
HARVARD Format
Student Communication
You are required to create a umindanao email
account, which is a requirement to access the
BlackBoard portal. Then, the professor shall enroll
the students to have access to the materials and
resources of the course. All communication
formats: chat, submission of assessment tasks,
requests, etc. shall be through the portal and other
university recognized platforms.
You can also meet the professor in person
through the scheduled face to face sessions to
raise your issues and concerns.
For students who have not created their student
email, please contact the professor or program
head.
Contact Details of the Dean
Contact Details of the Program
Head
Students with Special Needs
Vicente Salvador E. Montaño, DBA
Email:vicente_montano@umindanao.edu.ph
Phone: 09094177626 (CALLS only)
Reil S. Romero
Email: BSEntrep@umindanao.edu.ph
Phone: 09090618789 (CALLs only)
Students with special needs shall communicate with the
course coordinator about the nature of his or her special
needs. Depending on the nature of the need, the course
coordinator, with the approval of the program
coordinator, may provide alternative assessment tasks
or extension of the deadline for submission of
assessment tasks. However, the alternative assessment
tasks should still be in the service of achieving the
desired course learning outcomes.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 61
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Area of Concerns
Details
Help Desk Contact
Library Contact
Well-being Welfare Support Help
Desk Contact Details
Reil S. Romero
Email: BSEntrep@umindanao.edu.ph
Phone: 09090618789 (Calls only)
Ms. Christina Perocho
Phone Number: 0951-376-6681
Library@umindanao.edu.ph
Ms. Rhoda Lauyon
Phone: 09190011887
Course Information – see/download course syllabus in the BlackBoard LMS.
CHAPTER 4
Unit Learning Outcomes: At the end of the unit you are expected to:
1. Learn and understand the process of making business concept paper.
2. Develop a business concept paper.
3. Pitch your develop business concept paper.
Essential Knowledge (For Final Exam)
To perform the aforementioned ULOs, you need to learn the process of making business
concept paper and develop one. Please take note that you are not limited to review this section
only. You can also utilize other books (also available from the online Library and Information
Center), internet search engines, research articles and journals. Attached herein is an example
of format and an example of business concept paper for your reference.
FORMAT FOR YOUR PRODUCT IDEATION/BUSINESS CONCEPT PAPER
Concept
Name
Problem
Statement
Key
Stakeholder
s
How does it work?
Features
and
Benefits
Timeline
and
Milestones
Process of Product Ideation (RTI Format)
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 62
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Components of Product Ideation Activity
1. Concept Name
a. This is the creative name of your concept; it includes reasons and factors
that prompt the proponents to think of that specific concept base on the
current or future market and industry needs.
b. In this section, an overview of the situation, condition or scenario must
be provided. Also, to make the stated scenario credible and valid, the
discussion must be rich in terms of supporting literatures and citations.
2. Problem Statement
a. This section presents all possible problems, both current and future, that
the concept can solve. It also includes both the current and the potential
needs in the future of the market.
b. Also, this section must contain brief explanation about the problem and
in what way the problem can be solved by the chosen concept or idea.
3. Key Stakeholders
a. This section answers the question of “who are involved in the concept”?
b. Also, this section comprises of potential participants whom to be involved
when the concept or product idea will be implemented.
c. The proponents can refer to entrepreneurial ecosystem as one of the
bases for the selection of their potential stakeholders.
d. Finally, this section should contain the roles and responsibilities to be
performed by each of the chosen stakeholders in the entire process of
product ideation to implementation.
4. How does it work?
a. This section contains how the chosen product, idea, and/or concept to
be produced, packaged and/or delivered to the potential customers or
target market.
b. To avoid confusion, this section can be presented in a step by step
process or a flow chart.
5. Features and Benefits
a. This section contains the highlights of the chosen concept such as their
capability of providing solution to the problem statement.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 63
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
b. Also, this section includes the unique functions and/or processes of the
chosen concept, idea or product.
c. Finally, this section must contain benefits that can be attained by the
chosen key stakeholders.
6. Timeline and Milestones
a. This section contains actions and or strategies to be performed or
implemented. It is either three (3) or above number years.
b. This section also includes all necessary achievements that can possibly
be attained every year.
c. This section must abide the SMART principle.
7. SWOT Analysis
a. This section contains the Strengths, Weaknesses, Opportunities and
Threats of the chosen product, concept or idea.
b. Strengths are internal in nature which means it positively talks or
description about your product or potential business in the future. This
include the things, highlights, factors that can make your chosen concept
unique from any existing products.
c. Weaknesses are also internal in nature; however, these are negative
description of your product. This may include possible flaws that may
occur in the future or your chosen concepts can easily be copied or your
chosen legal forms of business ownership is to weak for the type of
business where your concept or idea belongs.
d. Opportunities are external factors that can contribute or caused positive
or multiplier impact to your chosen concept. This includes situation or
scenario that can change customers preference such as technological
development or the ongoing crisis of every aspects (Pandemic or war).
e. Threats are also external factors that can influence your chosen idea or
concept. However, these are negative factors that may shorten the
existence of your concept in the future. This includes competition,
fortuitous events and or sudden change in market or industry condition.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 64
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
8. Final Report
a. This section contains the summary of all activities performed in the entire
process of product ideation.
b. In the last part of this section, the proponents must choose the best
concept base on their analysis using the entire process of product
ideation and the SWOT Analysis.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 65
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Helping Hand: Catch IT!
In formulating your own product ideation activity, you can use the given example as a basis. Do not copy or duplicate
concepts and statements provided in the sample. Also, do not hesitate to contact or reach put the course facilitator for guidance
and possible suggestions for improvements of your activity.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 66
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Business Concept
Ideas
Submitted to:
Prof. Reil Romero
Submitted by:
Group 5
BERON, ORLY JR.
CAMINSE, REYMART
CERVANTES, JAMES
JACOSALEM, CHRISTIAN DOMINIC
MIGUELLO, JESSA MAE
Sample ONLY
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 67
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
PANUBE19
BIKE LET NA SHOP
PAD’S KAMAYAN
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 68
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
I.
PANUBE 19
Food is life. PANUBE19 is not just for your sense and taste to enjoy but also for
your tummy. It is a product which is good for everyone, it comes with different
flavors (pancheese, pan de monggo, pan de chocolate, and our best-selling
PANUBE19).
It will give you lots of nutrients which keep you from illnesses. PANUBE19 is rich
with vitamin A, B and C, protein and carbohydrates. Panube19 is for everyone,
Panube19 is not just an ordinary bread who can solve you from hunger, but it
also gives you happiness.
II.
STATEMENT OF THE PROBLEM
Because of this pandemic our movements became limited, most of our works got
affected, the daily routine we have in life was change also it gave us a hard time
to buy some goods for our family to survive from this pandemic. Food is really
the priority of people now a days without food we cannot survive in life. Try not
to worry because of this special PANUBE19 develops just for you to enjoy your
quarantine. We got stuck into our house and all of what we want to do became
limited. Because of this pandemic, all our plans ruined. Our plan to have some
dinner in some restaurants and have some sweet cakes with your love ones.
People now a day afraid to go to malls to buy some goods to eat. The first priority
of humans is to find food to eat and because of this pandemic, it sinks in into
our mind that is not safe to go outside. We made a product which really suits for
our customer. They can choose between what flavors they want to satisfied their
cravings to eat some sweets and also if they became worried about their safety,
we offered delivery just for the sake of our valid costumer.
III.
KEY STAKEHOLDER
In business, stakeholders are very important because your business will be
successful with the help of them. The primary stakeholders in our company are
our investors, employees, customers and suppliers.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 69
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
IV.
HOW DOES IT WORK? (FLOWCHART)
1. Dissolve yeast in warm water (110-130°F). Stir to dissolve and let stand for
10 minutes. Set aside.
2. While waiting for yeast to bubble, place milk, butter, sugar, and salt into a microwave-safe
bowl/cup or saucepan
3. Microwave for around 1 minute or heat over low heat on the stove.
(Mixture should NOT be over 115°F or feels hot to the touch.
4. In a large bowl, combine 3 cups flour, beaten egg and yeast mixture. Stir or mix to combine.
5. Add the milk mixture.
6. Add another 1 cup of flour then add more if needed. Continue mixing until a dough is formed.
7. Knead the dough on a lightly floured surface for about 10 minutes or until dough
is smooth & elastic. (The dough should be soft and still slightly sticky.)
8. If dough is overly sticky when you do this, you need to add a bit more flour, about 1 tablespoon
at a time. Form the dough into a ball and transfer the dough to a lightly oiled bowl, cover with
a damp cloth and let it rise in a warm place for at least an hour.
9. After rising, punch down the dough to release air packets and transfer onto a lightly floured
surface.
10. Use a dough slicer to divide the dough into 2 equal parts.
11. Using a rolling pin, roll 1 part of dough to a rectangle.
12. Spread ube jam evenly.
13. After rising, punch down the dough to release air packets and transfer onto a lightly floured
surface.
14. Use a dough slicer to divide the dough into 2 equal parts.
15. Using a rolling pin, roll 1 part of dough to a rectangle.
16. Spread ube jam evenly.
17. Roll up the dough to form a log. Slice the dough into equal parts.
18. I shaped mine by pressing a stick (I used chopstick) in the middle of a sliced dough to get a
nice deep mark in the middle.
19. Repeat the same procedure with the other dough. Place all shaped dough in a baking pan
lined with parchment paper. Cover with a damp cloth or plastic wrap and let it rise for 30
minutes.
20. Preheat oven to 350 degrees
21. Brush with egg wash.
22. Bake for 13-15 minutes.
23. Remove from oven. Serve and enjoy
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 70
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
V.
FEATURES:
Panube19 include features that can make the customers be satisfied because of its
sweet, soft and creamy. This PANUBE19 is a special bread with an ube filled in middle
and a cheese topping on the top. this will definitely what people want; this creamy and
delicious bread will give a thumbs up from our dear customers.
V.1 BENEFITS OF PanUbe 19:
1. Pan ube 19 has 4 grams of protein, 25 grams of carbohydrates, 1-gram fiber, and 3
grams of fat.
2. Pan ube 19 contains around 200 milligrams of sodium or salt which is basically
used for providing flavor to the bread. The low sodium content is ideal for people
with kidney disease or hypertension.
3. Pan ube19 also has iron, which is necessary for developing hemoglobin, for
carrying oxygen in the blood. This is helpful for people with anemia and pregnant
women.
4. The nutritional benefits of pan ube19 varies according to its recipe or ingredients.
Some pan de ube may have more fiber. Still others add eggs which allows the
person eating the pan de ube to obtain the nutritional benefits of eggs.
5. Also, since one can create sandwich variations of the pan ube19, one can also
enjoy the nutritional benefits of stuff you put in the pan ube19 while enjoying its
great taste such as tuna, sardines, etc.
VI. TIMELINE
Year 1
It is very crucial to plan what product should we seal. The likes of our customer, the popular
food that they can easily like. Also, the product which they can afford. It is always important to seal
goods with lowest price, they can afford and also enjoy the product we have. We come up with the
idea of creating something new to the taste of everyone, and this is the PanUbe19. The delicious and
fits perfectly to everyone.
Year 2
When we are done on planning our business the next thing we should apply how we can seal
our products. Considering its place, the number of people who are living on that particular place and
also if we’re selling our products in international, we should and must understand some other rules
and regulations.
Year 3
This is one of the important things that should have in making a business. All business is
running with money. We need capital to seal our products. Considering the supply and also the other
miscellaneous.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 71
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Year 4
Once we already planned for what product should be sell and also if we already have the
capital in making this business. We should put an action to what have we plan. We should also
consider the one who will seal our products, the staff.
Year 5
Technology is always important. By this thing, it became much easier for us to supply the
needs of our customers. Once our product became famous to everyone, we need to make more
products in an easy way.
VII.
SWOT ANALYSIS
Strengths
The PanUbe19 is rich with vitamins which can also keep you away from sickness
especially in this pandemic time. It is not just for your tummy but it also gives you a happiness
because of its sweet taste. This provides the needs of every individual who loves sweet food
and at the same time it has a good benefit to our body. They can always order our product
through online and can easily afford because PanUbe’s price is much affordable. And if they
had no time to travel just to pick up their order and for the security of our valid customers, we
deliver it door to door.
Weaknesses
Because of this pandemic, most of individual cannot go outside because of the security
of their health. And also, most of the customers are having doubt if our product is credible and
good or bad since they can just see our product through online. And not everyone has the
internet to surf in web, one of the weaknesses that our company faces is that not everyone can
see our product because of the low internet they got in their places.
Opportunities
Because of this product (PanUbe19) we are not just helping people to have food who
can they enjoy the taste of the product we have. But also, we help people who trapped in this
pandemic. Those people who got affected their work because of this pandemic. We hired
people who can deliver our product door to door. Because of this pandemic, individual really
needs money to survive. Our company is hiring some rider which they can deliver foods to
everyone who needs. We help people who got affected from this pandemic.
Threat
Since we all know that PanUbe19 is made up of flour, sugar, butter, ube, etc. So, in
business industry, encountering problems are normal especially in our ingredients. For
example, a drought is a threat to a wheat-producing company, as it may destroy or reduce the
crop yield that really affects the production of flour that may lead to shortage of the products.
Other common threats include things like rising costs for materials, increasing competition, tight
labor supply and so on.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 72
College of Business Administration Education
2nd Floor, SS Building
Bolton Street, Davao City
Telefax: (082)227-5456 Local 131
Let us Analyze
1. Develop a business concept paper (based on the current situation) using the
format provided in the module. Groupings will be conducted on blackboard
collaborate.
2. Pitch your chosen business concept (with PowerPoint presentation and will
be conducted in Blackboard Collaborate). Schedules and rubric for
presentation will be provide also through Blackboard LMS.
Module for GE 11: Entrepreneurial Mind
FOR INSTRUCTIONAL USE ONLY. NOT for QUOTATION. NOT for REPRODUCTION
Prepared by: Reil S. Romero and Adriane John P. Luncido
Reviewed by: CBAE College Monitoring Committee
Page | 73